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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 15.5x - 17.2x | 16.4x |
Historical Pb Multiple | 11.9x - 25.3x | 22.4x |
Fair Value | $833.80 - $921.56 | $877.68 |
Upside | -10.6% - -1.1% | -5.8% |
Benchmarks | - | Full Ticker |
ASM International NV | - | ENXTAM:ASM |
BE Semiconductor Industries N.V. | - | ENXTAM:BESI |
NXP Semiconductors N.V. | - | DB:VNX |
STMicroelectronics N.V. | - | ENXTPA:STMPA |
SUSS MicroTec SE | - | DB:SMHN |
ASML Holding N.V. | - | NasdaqGS:ASML |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
ASM | BESI | VNX | STMPA | SMHN | ASML | |||
ENXTAM:ASM | ENXTAM:BESI | DB:VNX | ENXTPA:STMPA | DB:SMHN | NasdaqGS:ASML | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 15.8% | 17.5% | 59.5% | 8.6% | NM- | 23.9% | ||
3Y CAGR | 11.5% | -13.6% | 10.3% | -8.0% | 48.1% | 8.8% | ||
Latest Twelve Months | -4.6% | 2.3% | -22.8% | -78.5% | 97.6% | 39.6% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 23.0% | 32.2% | 16.8% | 17.2% | 10.0% | 28.0% | ||
Prior Fiscal Year | 28.5% | 30.6% | 21.1% | 24.4% | 5.7% | 28.4% | ||
Latest Fiscal Year | 23.4% | 30.0% | 19.9% | 11.7% | 11.7% | 26.8% | ||
Latest Twelve Months | 16.2% | 28.2% | 17.7% | 5.5% | 11.6% | 29.3% | ||
Return on Equity | ||||||||
5 Year Average Margin | 19.6% | 42.8% | 26.1% | 22.1% | 13.5% | 52.5% | ||
Prior Fiscal Year | 25.2% | 33.7% | 34.8% | 27.9% | 9.8% | 70.4% | ||
Latest Twelve Months | 15.1% | 42.9% | 23.1% | 3.7% | 22.0% | 58.2% | ||
Next Fiscal Year | 18.4% | 31.7% | 31.4% | 3.3% | 16.2% | 46.6% | ||
Two Fiscal Years Forward | 18.4% | 69.7% | 33.4% | 7.5% | 12.5% | 42.9% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 7.4x | 15.9x | 4.7x | 2.1x | 1.1x | 10.0x | ||
Price / LTM EPS | 45.7x | 56.6x | 26.3x | 37.9x | 9.4x | 34.1x | ||
Price / Book | 6.7x | 26.9x | 5.9x | 1.4x | 1.9x | 18.2x | ||
Price / Fwd Book | 5.8x | 25.9x | 5.7x | 1.5x | 1.8x | 14.5x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 1.4x | 5.9x | 26.9x | |||||
Historical P/B Ratio | 11.9x | 22.4x | 25.3x | |||||
Selected P/B Multiple | 15.5x | 16.4x | 17.2x | |||||
(x) Book Value | 17,618 | 17,618 | 17,618 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | ASM | BESI | VNX | STMPA | SMHN | ASML | |
Value of Common Equity | 24,471 | 9,697 | 56,521 | 25,238 | 587 | 305,972 | |
(/) Shares Outstanding | 48.9 | 79.0 | 252.1 | 892.3 | 19.1 | 387.3 | |
Implied Stock Price | 500.40 | 122.80 | 224.19 | 28.28 | 30.70 | 790.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.18 | 1.18 | 1.00 | 0.85 | |
Implied Stock Price (Trading Cur) | 500.40 | 122.80 | 190.00 | 23.97 | 30.70 | 932.15 | |
Trading Currency | EUR | EUR | EUR | EUR | EUR | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.18 | 1.18 | 1.00 | 0.85 |