AIXA Stock Analysis: AIXTRON SE | XETRA
Semiconductor Equipment & Materials | XETRA, Germany | Market Cap: 4.251m EUR | 12M Return: 185.9% | DE000A0WMPJ6 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.3M
EPS Trend: -93.2%
Qual. Beats: 0
Rev. Trend: -74.8%
Qual. Beats: -2
Warnings
Tailwinds
Seasonality 11.6 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 manufacturer of deposition equipment for the semiconductor industry, selling across Asia, Europe, and the United States. Its core technology is Metal-Organic Chemical Vapor Deposition (MOCVD), used to produce compound semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN), which are key enablers of power electronics, LED, laser, and photonics applications. The company offers product families including G10-SiC, G10-GaN, G10-AsP, AIX G5+ C, and AIX 2800G4-TM, alongside peripheral equipment, consulting, training, and customer support services.
Founded in 1983 and headquartered in Herzogenrath, Germany, AIXTRON supplies both high-volume production lines and research and development / pre-series production customers. It serves end-markets spanning SiC and GaN power electronics, LED and laser devices, display technologies, and optical data transmission, making it a focused player within the GICS Semiconductor Materials & Equipment sub-industry.
- SiC power electronics demand accelerates on EV adoption
- China revenue concentration raises export control risk exposure
- Order backlog growth signals deposition equipment cycle recovery
| 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 August 24, 2026, the stock is trading at EUR 37.69 with a total of 542,234 shares traded. Over the past week, the price has changed by -8.67%, over one month by -6.57%, over three months by -30.20% and over the past year by +185.93%.
Current recommended Stop Loss: 33.80 (which is 10.3% or 1.7 ATR below the current price).
AIXTRON SE has no consensus analysts rating.
P/E Trailing = 72.4808
P/E Forward = 18.1488
P/S = 8.8361
P/B = 4.283
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 = 3.79b EUR (4.25b + Debt 353.8m - CCE 816.2m)
Interest Coverage Ratio = 12.30 (Ebit TTM 53.5m / Interest Expense TTM 4.35m)
EV/FCF = 13.87x (Enterprise Value 3.79b / FCF TTM 273.1m)
FCF Yield = 7.21% (FCF TTM 273.1m / Enterprise Value 3.79b)
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 = 2.31 (Enterprise Value 3.79b / 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 = 10.55% (E(4.25b)/V(4.60b) * Re(11.33%) + D(353.8m)/V(4.60b) * Rd(1.23%) * (1-Tc(0.08)))
Discount Rate = 11.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -9.15 | Cagr: -0.07%
[DCF] Terminal Value 71.20% ; FCFF base≈186.1m ; Y1≈213.3m ; Y5≈313.9m
[DCF] Fair Price = 34.26 (EV 3.40b - Net Debt -462.3m = Equity 3.86b / Shares 112.8m; r=10.55% [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=+15% | GrowthEPS=-3.2% | GrowthRev=+3.5%
EPS next Year (2027-12-31): EPS=1.36 | Chg30d=+4.52% | Revisions=+53% | GrowthEPS=+84.4% | GrowthRev=+39.3%
[Analyst] Revisions Ratio: +46% (up=19, down=6)