AIXA Stock Analysis: AIXTRON SE | XETRA
Semiconductor Equipment & Materials | XETRA, Germany | Market Cap: 4.112m EUR | 12M Return: 162.5% | DE000A0WMPJ6 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.1M
EPS Trend: -93.2%
Qual. Beats: 0
Rev. Trend: -74.8%
Qual. Beats: -2
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
AIXTRON SE is a German-headquartered supplier of deposition equipment to the global semiconductor industry, with operations across Asia, Europe, and the United States. Founded in 1983 and based in Herzogenrath, the company designs, manufactures, and installs systems used to deposit thin-film semiconductor materials, alongside related services such as consulting, training, and customer support. Its product portfolio spans the G10 platform (including SiC, GaN, and AsP variants), the AIX G5+ C and AIX G5 WW C systems, and the AIX 2800G4-TM, serving both volume production and R&D customers. End-use applications include LEDs, laser and display technologies, optical data transmission, and silicon carbide (SiC) and gallium nitride (GaN) power electronics. AIXTRON operates within the semiconductor capital equipment value chain, where deposition tools-primarily metal-organic chemical vapor deposition (MOCVD) systems-are a critical enabling technology for compound semiconductor and wide-bandgap device manufacturing. Demand for its systems is closely tied to long-term secular trends such as electric vehicle power electronics, energy-efficient lighting, and advanced photonics.
- SiC deposition tool orders accelerate on EV power semiconductor demand
- China revenue exposed to tightening semiconductor export controls
- GaN equipment sales scale with data center and consumer electronics demand
| Net Income: 58.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 10.97 > 1.0 |
| NWC/Revenue: 205.8% < 20% (prev 79.79%; Δ 126.0% < -1%) |
| CFO/TA 0.18 > 3% & CFO 296.3m > Net Income 58.1m |
| Net Debt (-462.3m) to EBITDA (73.1m): -6.32 < 3 |
| Current Ratio: 4.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (112.4m) vs 12m ago 5.22% < -2% |
| Gross Margin: 39.50% > 18% (prev 40.99%; Δ -1.48% > 0.5%) |
| Asset Turnover: 36.86% > 50% (prev 65.01%; Δ -28.15% > 0%) |
| Interest Coverage Ratio: 12.30 > 6 (EBIT TTM 53.5m / Interest Expense TTM 4.35m) |
| A: 0.60 (Total Current Assets 1.28b - Total Current Liabilities 288.3m) / Total Assets 1.64b |
| B: 0.23 (Retained Earnings 375.4m / Total Assets 1.64b) |
| C: 0.04 (EBIT TTM 53.5m / Avg Total Assets 1.31b) |
| D: 1.54 (Book Value of Equity 992.5m / Total Liabilities 643.9m) |
| Altman-Z'' = 6.61 = AAA |
| DSRI: 0.91 (Receivables 89.5m/129.6m, Revenue 481.1m/633.0m) |
| GMI: 1.04 (GM 40.99% / 39.50%) |
| AQI: 0.61 (AQ_t 0.07 / AQ_t-1 0.12) |
| SGI: 0.76 (Revenue 481.1m / 633.0m) |
| TATA: -0.15 (NI 58.1m - CFO 296.3m) / TA 1.64b) |
| Beneish M = -3.49 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at EUR 38.05 with a total of 668,202 shares traded. Over the past week, the price has changed by +0.34%, over one month by -2.39%, over three months by -13.42% and over the past year by +162.46%.
Current recommended Stop Loss: 34.20 (which is 10.1% or 2 ATR below the current price).
AIXTRON SE has no consensus analysts rating.
P/E Trailing = 70.1154
P/E Forward = 18.1488
P/S = 8.5477
P/B = 4.0898
P/EG = 2.0818
Revenue TTM = 481.1m EUR
EBIT TTM = 53.5m EUR
EBITDA TTM = 73.1m EUR
Long Term Debt = 349.2m EUR (from longTermDebt, last quarter)
Short Term Debt = 1.77m EUR (from shortTermDebt, last fiscal year)
Debt = 353.8m EUR (from shortLongTermDebtTotal, last quarter) + Leases 4.63m
Net Debt = -462.3m EUR (calculated: Debt 353.8m - CCE 816.2m)
Enterprise Value = 3.65b EUR (4.11b + Debt 353.8m - CCE 816.2m)
Interest Coverage Ratio = 12.30 (Ebit TTM 53.5m / Interest Expense TTM 4.35m)
EV/FCF = 13.37x (Enterprise Value 3.65b / FCF TTM 273.1m)
FCF Yield = 7.48% (FCF TTM 273.1m / Enterprise Value 3.65b)
FCF Margin = 56.76% (FCF TTM 273.1m / Revenue TTM 481.1m)
Net Margin = 12.07% (Net Income TTM 58.1m / Revenue TTM 481.1m)
Gross Margin = 39.50% ((Revenue TTM 481.1m - Cost of Revenue TTM 291.0m) / Revenue TTM)
Gross Margin QoQ = 40.65% (prev 18.12%)
Tobins Q-Ratio = 2.23 (Enterprise Value 3.65b / Total Assets 1.64b)
Interest Expense / Debt = 1.23% (Interest Expense 4.35m / Debt 353.8m)
Taxrate = 8.10% (5.12m / 63.3m)
NOPAT = 49.2m (EBIT 53.5m * (1 - 8.10%))
Current Ratio = 4.43 (Total Current Assets 1.28b / Total Current Liabilities 288.3m)
Debt / Equity = 0.36 (Debt 353.8m / totalStockholderEquity, last quarter 992.5m)
Debt / EBITDA = -6.32 (Net Debt -462.3m / EBITDA 73.1m)
Debt / FCF = -1.69 (Net Debt -462.3m / FCF TTM 273.1m)
Total Stockholder Equity = 913.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.45% (Net Income 58.1m / Total Assets 1.64b)
RoE = 6.36% (Net Income TTM 58.1m / Total Stockholder Equity 913.6m)
RoCE = 4.24% (EBIT 53.5m / Capital Employed (Equity 913.6m + L.T.Debt 349.2m))
RoIC = 3.71% (NOPAT 49.2m / Invested Capital 1.33b)
WACC = 10.60% (E(4.11b)/V(4.47b) * Re(11.42%) + D(353.8m)/V(4.47b) * Rd(1.23%) * (1-Tc(0.08)))
Discount Rate = 11.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -9.15 | Cagr: -0.07%
[DCF] Terminal Value 71.03% ; FCFF base≈186.1m ; Y1≈213.3m ; Y5≈313.9m
[DCF] Fair Price = 34.04 (EV 3.38b - Net Debt -462.3m = Equity 3.84b / Shares 112.8m; r=10.60% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -93.18 | EPS CAGR: -27.44% | SUE: 0.54 | # QB: 0
Revenue Correlation: -74.83 | Revenue CAGR: -7.99% | SUE: -0.98 | # QB: -2
EPS current Quarter (2026-09-30): EPS=0.31 | Chg30d=+7.04% | Revisions=+50% | Analysts=3
EPS current Year (2026-12-31): EPS=0.74 | Chg30d=+1.04% | Revisions=+7% | GrowthEPS=-3.2% | GrowthRev=+3.5%
EPS next Year (2027-12-31): EPS=1.36 | Chg30d=+4.52% | Revisions=+44% | GrowthEPS=+84.4% | GrowthRev=+39.3%
[Analyst] Revisions Ratio: +37% (up=19, down=8)