AIXA Stock Analysis: AIXTRON SE | XETRA
Semiconductor Equipment & Materials | XETRA, Germany | Market Cap: 5.642m EUR | 12M Return: 165.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.0M
EPS Trend: -82.5%
Qual. Beats: -1
Rev. Trend: -25.5%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 10.5 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: 58.2m 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 40.30%; Δ -0.77% > 0.5%) |
| Asset Turnover: 49.45% > 50% (prev 63.80%; Δ -14.35% > 0%) |
| Interest Coverage Ratio: 89.25 > 6 (EBIT TTM 66.6m / 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: 5.47 (Book Value of Equity 889.8m / Total Liabilities 162.8m) |
| Altman-Z'' = 10.78 = AAA |
| DSRI: 0.86 (Receivables 92.8m/134.0m, Revenue 503.4m/627.4m) |
| GMI: 1.02 (GM 40.30% / 39.53%) |
| 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 = -3.35 (Cap -4..+1) = AA |
As of July 09, 2026, the stock is trading at EUR 42.75 with a total of 909,177 shares traded. Over the past week, the price has changed by -17.15%, over one month by -24.28%, over three months by +13.91% and over the past year by +165.48%.
Current recommended Stop Loss: 38.50 (which is 9.9% or 1.2 ATR below the current price).
AIXTRON SE has no consensus analysts rating.
P/E Trailing = 94.3774
P/E Forward = 18.1488
P/S = 11.207
P/B = 6.2464
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 = 5.38b EUR (5.64b + Debt 12.1m - CCE 272.7m)
Interest Coverage Ratio = 89.25 (Ebit TTM 66.6m / Interest Expense TTM 746k)
EV/FCF = 26.77x (Enterprise Value 5.38b / FCF TTM 201.0m)
FCF Yield = 3.74% (FCF TTM 201.0m / Enterprise Value 5.38b)
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 = 5.11 (Enterprise Value 5.38b / Total Assets 1.05b)
Interest Expense / Debt = 6.15% (Interest Expense 746k / Debt 12.1m)
Taxrate = 22.38% (16.8m / 75.0m)
NOPAT = 51.7m (EBIT 66.6m * (1 - 22.38%))
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 = 5.92% (NOPAT 51.7m / Invested Capital 873.7m)
WACC = 10.15% (E(5.64b)/V(5.65b) * Re(10.16%) + D(12.1m)/V(5.65b) * Rd(6.15%) * (1-Tc(0.22)))
Discount Rate = 10.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.45 | Cagr: 0.10%
[DCF] Terminal Value 69.40% ; FCFF base≈201.0m ; Y1≈201.8m ; Y5≈213.8m
[DCF] Fair Price = 24.89 (EV 2.55b - Net Debt -260.5m = Equity 2.81b / Shares 112.8m; r=10.15% [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=0.13 | Chg30d=-10.77% | Revisions=+17% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.29 | Chg30d=+4.59% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=0.73 | Chg30d=+0.03% | Revisions=+17% | GrowthEPS=-4.2% | GrowthRev=+3.5%
EPS next Year (2027-12-31): EPS=1.30 | Chg30d=+2.35% | Revisions=+22% | GrowthEPS=+78.3% | GrowthRev=+34.6%
[Analyst] Revisions Ratio: +39% (up=11, down=4)