(IFX) Infineon Technologies - Ratings and Ratios
Microcontrollers, Power Semiconductors, Sensors, Security Controllers, IGBT Modules
Dividends
| Dividend Yield | 0.98% |
| Yield on Cost 5y | 1.24% |
| Yield CAGR 5y | 6.70% |
| Payout Consistency | 58.7% |
| Payout Ratio | 25.0% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 37.4% |
| Value at Risk 5%th | 59.2% |
| Relative Tail Risk | -3.68% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.39 |
| Alpha | 3.77 |
| CAGR/Max DD | 0.23 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.627 |
| Beta | 0.508 |
| Beta Downside | 0.592 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.93% |
| Mean DD | 13.61% |
| Median DD | 13.48% |
Description: IFX Infineon Technologies December 03, 2025
Infineon Technologies AG (XETRA:IFX) designs, develops, manufactures and markets a broad portfolio of semiconductor and semiconductor-based solutions across four main segments: Automotive, Green Industrial Power, Power & Sensor Systems, and Connected Secure Systems. The Automotive segment supplies microcontrollers, a wide range of sensors, discrete power devices, IGBT modules and voltage regulators for safety, comfort, infotainment and powertrain applications. The Green Industrial Power segment focuses on bare dies, IGBTs, SiC and MOSFET devices for industrial drives, robotics, traction, and energy-generation and storage systems. Power & Sensor Systems delivers MEMS microphones, 3D-ToF sensors, GaN switches, radar ICs, RF components and USB controllers for automotive, IoT, EV charging, lighting and communications infrastructure. Connected Secure Systems provides connectivity and embedded security solutions for automotive, consumer electronics, government IDs, payment and IoT devices.
Key recent metrics (Q3 2024): revenue of €4.5 bn, up 8 % YoY, driven primarily by a 22 % surge in SiC-based power device sales, while the automotive microcontroller line grew 5 % despite a softening auto market. The company’s capital-expenditure outlook remains bullish, with €900 m earmarked for expanding SiC and GaN production capacity, reflecting the sector-wide shift toward electrification and higher-efficiency power conversion. A critical macro driver is the accelerating adoption of electric vehicles, projected to double global sales by 2030, which underpins demand for high-voltage IGBTs, SiC MOSFETs and advanced driver-assist sensors.
Given Infineon’s diversified exposure to high-growth EV and industrial-power markets, a deeper dive into its ValueRay valuation model could help quantify the upside potential relative to peers.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (700.0m TTM) > 0 and > 6% of Revenue (6% = 878.2m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 0.98pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 28.75% (prev 32.01%; Δ -3.26pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 2.91b > Net Income 700.0m (YES >=105%, WARN >=100%) |
| Net Debt (4.09b) to EBITDA (3.54b) ratio: 1.16 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.78 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.31b) change vs 12m ago 0.31% (target <= -2.0% for YES) |
| Gross Margin 39.80% (prev 41.49%; Δ -1.69pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 50.97% (prev 51.70%; Δ -0.72pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 8.23 (EBITDA TTM 3.54b / Interest Expense TTM 198.0m) >= 6 (WARN >= 3) |
Altman Z'' 3.14
| (A) 0.15 = (Total Current Assets 9.63b - Total Current Liabilities 5.43b) / Total Assets 28.06b |
| (B) 0.26 = Retained Earnings (Balance) 7.32b / Total Assets 28.06b |
| (C) 0.06 = EBIT TTM 1.63b / Avg Total Assets 28.72b |
| (D) 0.88 = Book Value of Equity 9.94b / Total Liabilities 11.35b |
| Total Rating: 3.14 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 53.26
| 1. Piotroski 4.50pt |
| 2. FCF Yield 1.17% |
| 3. FCF Margin 3.74% |
| 4. Debt/Equity 0.32 |
| 5. Debt/Ebitda 1.16 |
| 6. ROIC - WACC (= -1.60)% |
| 7. RoE 4.04% |
| 8. Rev. Trend 31.51% |
| 9. EPS Trend -48.90% |
What is the price of IFX shares?
Over the past week, the price has changed by +6.65%, over one month by +3.38%, over three months by +8.05% and over the past year by +16.02%.
Is IFX a buy, sell or hold?
What are the forecasts/targets for the IFX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 43.6 | 21.9% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 36.7 | 2.7% |
IFX Fundamental Data Overview November 22, 2025
Market Cap EUR = 42.76b (42.76b EUR * 1.0 EUR.EUR)
P/E Trailing = 34.6421
P/E Forward = 20.1207
P/S = 2.9166
P/B = 2.5482
P/EG = 0.5539
Beta = 1.658
Revenue TTM = 14.64b EUR
EBIT TTM = 1.63b EUR
EBITDA TTM = 3.54b EUR
Long Term Debt = 3.94b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.12b EUR (from shortTermDebt, last quarter)
Debt = 5.37b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.09b EUR (from netDebt column, last quarter)
Enterprise Value = 46.85b EUR (42.76b + Debt 5.37b - CCE 1.28b)
Interest Coverage Ratio = 8.23 (Ebit TTM 1.63b / Interest Expense TTM 198.0m)
FCF Yield = 1.17% (FCF TTM 547.0m / Enterprise Value 46.85b)
FCF Margin = 3.74% (FCF TTM 547.0m / Revenue TTM 14.64b)
Net Margin = 4.78% (Net Income TTM 700.0m / Revenue TTM 14.64b)
Gross Margin = 39.80% ((Revenue TTM 14.64b - Cost of Revenue TTM 8.81b) / Revenue TTM)
Gross Margin QoQ = 40.90% (prev 38.75%)
Tobins Q-Ratio = 1.67 (Enterprise Value 46.85b / Total Assets 28.06b)
Interest Expense / Debt = 1.08% (Interest Expense 58.0m / Debt 5.37b)
Taxrate = 24.48% (95.0m / 388.0m)
NOPAT = 1.23b (EBIT 1.63b * (1 - 24.48%))
Current Ratio = 1.78 (Total Current Assets 9.63b / Total Current Liabilities 5.43b)
Debt / Equity = 0.32 (Debt 5.37b / totalStockholderEquity, last quarter 16.71b)
Debt / EBITDA = 1.16 (Net Debt 4.09b / EBITDA 3.54b)
Debt / FCF = 7.48 (Net Debt 4.09b / FCF TTM 547.0m)
Total Stockholder Equity = 17.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.49% (Net Income 700.0m / Total Assets 28.06b)
RoE = 4.04% (Net Income TTM 700.0m / Total Stockholder Equity 17.32b)
RoCE = 7.67% (EBIT 1.63b / Capital Employed (Equity 17.32b + L.T.Debt 3.94b))
RoIC = 5.50% (NOPAT 1.23b / Invested Capital 22.38b)
WACC = 7.10% (E(42.76b)/V(48.13b) * Re(7.89%) + D(5.37b)/V(48.13b) * Rd(1.08%) * (1-Tc(0.24)))
Discount Rate = 7.89% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 75.37% ; FCFE base≈442.2m ; Y1≈369.5m ; Y5≈273.8m
Fair Price DCF = 3.87 (DCF Value 5.03b / Shares Outstanding 1.30b; 5y FCF grow -19.85% → 3.0% )
EPS Correlation: -48.90 | EPS CAGR: -4.87% | SUE: -0.44 | # QB: 0
Revenue Correlation: 31.51 | Revenue CAGR: 5.72% | SUE: -0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=-0.089 | Revisions Net=-4 | Analysts=5
EPS current Year (2026-09-30): EPS=1.61 | Chg30d=-0.229 | Revisions Net=-18 | Growth EPS=+15.8% | Growth Revenue=+6.6%
EPS next Year (2027-09-30): EPS=2.23 | Chg30d=-0.127 | Revisions Net=-9 | Growth EPS=+38.5% | Growth Revenue=+11.4%