Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
AIXTRON SE is a leading provider of deposition equipment to the semiconductor industry, serving customers in Asia, Europe, and the Americas. The company develops, produces, and installs advanced systems for depositing complex semiconductor materials, including MOCVD, CVD, PECVD, OVPD, and PVPD technologies. These solutions support volume production, research and development, and pre-series manufacturing of compound semiconductors, silicon-based components, organic semiconductors, and nanotechnology applications. AIXTRON SE's equipment enables key technologies such as LEDs, lasers, display systems, fiber optic communications, wireless data transmission, SiC and GaN power electronics, optical and electronic storage, computing, signaling, lighting, and mobile telephony. In addition to hardware, it offers deposition processes, consulting, training, customer support, peripheral devices, and related services to optimize system operations. Founded in 1983 and headquartered in Herzogenrath, Germany, AIXTRON SE plays a critical role in advancing optoelectronic and power electronics innovations across diverse global markets.
19.17% operating margin is respectable but not wide. ROIC at 10.24%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 12.1% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 12.94% to 10.24%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€503M
▼ -12.1% YoY
Net Income (TTM)
€58M
▼ -19.8% YoY
Op. Margin
16.11%
▼ -1.6pp YoY
ROIC
10.24%
▼ -2.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€199M
▲ +349.2% YoY
Op. Cash Flow (TTM)
€194M
▲ +565.2% YoY
Net Debt
-€220M
Net Cash Position
Cash & Equiv.
€225M
3Y CAGR: +6.3%
3Y CAGR: +189.1%
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