(AIXA) AIXTRON SE - Overview
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: XETRA (Germany) | Market Cap: 5.680m EUR | Total Return: 334.7% in 12m
Avg Turnover: 48.7M
EPS Trend: -82.5%
Qual. Beats: -1
Rev. Trend: -25.5%
Qual. Beats: -1
Warnings
P/E ratio 95.0
Tailwinds
Supp Ema20, Leader, Tailwind, Confidence
AIXTRON SE is a Germany-based provider of deposition equipment used in the manufacturing of compound semiconductors. The company specializes in Metal-Organic Chemical Vapor Deposition (MOCVD) systems, which are essential for producing high-performance components like lasers, LEDs, and power electronics. Its G10 series supports the deposition of Silicon Carbide (SiC) and Gallium Nitride (GaN) materials.
The semiconductor equipment sector is characterized by high research and development intensity and cyclical demand driven by global electronics production. AIXTRON operates a business model focused on both volume production systems and specialized equipment for research and development. This dual approach allows the company to capture early-stage innovation cycles while maintaining revenue through industrial-scale manufacturing contracts.
Investors seeking detailed valuation metrics and historical performance trends can find further data on ValueRay. AIXTRONs strategic focus on wide-bandgap semiconductors positions the company within the growing electric vehicle and 5G infrastructure supply chains.
- Electric vehicle adoption accelerates demand for SiC and GaN power semiconductor equipment
- Shift to MicroLED display technology drives next-generation deposition tool order volume
- Export control regulations on semiconductor technology limit sales growth in China
- High research and development spending impacts short-term operating margins and profitability
- Global semiconductor capital expenditure cycles dictate long-term equipment revenue volatility
| Net Income: 58.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 19.97 > 1.0 |
| NWC/Revenue: 109.9% < 20% (prev 81.17%; Δ 28.77% < -1%) |
| CFO/TA 0.22 > 3% & CFO 227.2m > Net Income 58.2m |
| Net Debt (-260.5m) to EBITDA (84.8m): -3.07 < 3 |
| Current Ratio: 4.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (112.8m) vs 12m ago 0.01% < -2% |
| Gross Margin: 39.53% > 18% (prev 0.40%; Δ 3.91k% > 0.5%) |
| Asset Turnover: 49.45% > 50% (prev 63.80%; Δ -14.35% > 0%) |
| Interest Coverage Ratio: 89.25 > 6 (EBITDA TTM 84.8m / Interest Expense TTM 746k) |
| A: 0.53 (Total Current Assets 709.1m - Total Current Liabilities 155.7m) / Total Assets 1.05b |
| B: 0.35 (Retained Earnings 373.1m / Total Assets 1.05b) |
| C: 0.07 (EBIT TTM 66.6m / Avg Total Assets 1.02b) |
| D: 2.98 (Book Value of Equity 485.5m / Total Liabilities 162.8m) |
| Altman-Z'' = 8.17 = AAA |
| DSRI: 0.86 (Receivables 92.8m/134.0m, Revenue 503.4m/627.4m) |
| GMI: 1.02 (GM 39.53% / 40.30%) |
| AQI: 0.87 (AQ_t 0.11 / AQ_t-1 0.12) |
| SGI: 0.80 (Revenue 503.4m / 627.4m) |
| TATA: -0.16 (NI 58.2m - CFO 227.2m) / TA 1.05b) |
| Beneish M = -3.50 (Cap -4..+1) = AAA |
As of May 25, 2026, the stock is trading at EUR 53.68 with a total of 597,694 shares traded.
Over the past week, the price has changed by +3.27%,
over one month by +15.60%,
over three months by +122.83% and
over the past year by +334.69%.
AIXTRON SE has no consensus analysts rating.
P/E Trailing = 95.0189
P/E Forward = 18.1488
P/S = 11.2832
P/B = 6.5886
P/EG = 2.0818
Revenue TTM = 503.4m EUR
EBIT TTM = 66.6m EUR
EBITDA TTM = 84.8m EUR
Long Term Debt = 2.87m EUR (from longTermDebtTotal, last fiscal year)
Short Term Debt = 1.77m EUR (from shortTermDebt, last fiscal year)
Debt = 12.1m EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 4.63m
Net Debt = -260.5m EUR (calculated: Debt 12.1m - CCE 272.7m)
Enterprise Value = 5.42b EUR (5.68b + Debt 12.1m - CCE 272.7m)
Interest Coverage Ratio = 89.25 (Ebit TTM 66.6m / Interest Expense TTM 746k)
EV/FCF = 26.96x (Enterprise Value 5.42b / FCF TTM 201.0m)
FCF Yield = 3.71% (FCF TTM 201.0m / Enterprise Value 5.42b)
FCF Margin = 39.93% (FCF TTM 201.0m / Revenue TTM 503.4m)
Net Margin = 11.56% (Net Income TTM 58.2m / Revenue TTM 503.4m)
Gross Margin = 39.53% ((Revenue TTM 503.4m - Cost of Revenue TTM 304.4m) / Revenue TTM)
Gross Margin QoQ = 18.12% (prev 46.04%)
Tobins Q-Ratio = 5.15 (Enterprise Value 5.42b / Total Assets 1.05b)
Interest Expense / Debt = 6.15% (Interest Expense 746k / Debt 12.1m)
Taxrate = 15.12% (15.2m / 100.4m)
NOPAT = 56.5m (EBIT 66.6m * (1 - 15.12%))
Current Ratio = 4.55 (Total Current Assets 709.1m / Total Current Liabilities 155.7m)
Debt / Equity = 0.01 (Debt 12.1m / totalStockholderEquity, last quarter 889.8m)
Debt / EBITDA = -3.07 (Net Debt -260.5m / EBITDA 84.8m)
Debt / FCF = -1.30 (Net Debt -260.5m / FCF TTM 201.0m)
Total Stockholder Equity = 877.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.72% (Net Income 58.2m / Total Assets 1.05b)
RoE = 6.63% (Net Income TTM 58.2m / Total Stockholder Equity 877.7m)
RoCE = 7.56% (EBIT 66.6m / Capital Employed (Equity 877.7m + L.T.Debt 2.87m))
RoIC = 8.60% (NOPAT 56.5m / Invested Capital 656.9m)
WACC = 9.65% (E(5.68b)/V(5.69b) * Re(9.66%) + D(12.1m)/V(5.69b) * Rd(6.15%) * (1-Tc(0.15)))
Discount Rate = 9.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.45 | Cagr: 0.10%
[DCF] Terminal Value 71.01% ; FCFF base≈201.0m ; Y1≈201.8m ; Y5≈213.8m
[DCF] Fair Price = 26.45 (EV 2.72b - Net Debt -260.5m = Equity 2.98b / Shares 112.8m; r=9.65% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -82.47 | EPS CAGR: -20.92% | SUE: -2.20 | # QB: -1
Revenue Correlation: -25.47 | Revenue CAGR: -2.40% | SUE: -0.96 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=+48.17% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=+67.13% | Revisions=+43% | Analysts=3
EPS current Year (2026-12-31): EPS=0.72 | Chg30d=+14.17% | Revisions=+67% | GrowthEPS=-4.7% | GrowthRev=+2.5%
EPS next Year (2027-12-31): EPS=1.25 | Chg30d=+19.87% | Revisions=+78% | GrowthEPS=+72.4% | GrowthRev=+32.6%
[Analyst] Revisions Ratio: +78%