Besi: ASML Fears Over Hybrid Bonding Market Look Overdone; HBM Adoption More Relevant
We are providing an update on Besi after the stock fell 10% on Oct. 7.
BE Semiconductor Industries NV BESI
Bulls Say, Bears Say
Bulls
Besi's clients still need to build their hybrid bonding installed base over the next decade. The average selling price of hybrid bonding is several times that of previous generations, and it also generates higher service revenue due to higher complexity
Bears
The semiconductor industry is cyclical, causing big swings in revenue, profit, and the share price. This can cause prolonged depressions in the share price, followed by strong recoveries.
News
-
Correction to European AI Stocks Article
-
European AI Stocks Fall, Joining Global Selloff
-
Applied Materials and Besi Expand Strategic Partnership to Advance Next-Generation Packaging for AI Scaling
-
Chip Stocks Tumble After AI Leaders Call For Slowdown in AI Development
-
Chip Stocks Tumble After AI Leaders Call For Slowdown in AI Development
-
BE Semiconductor Industries N.V. Announces Q2-26 and H1-26 Results
-
AI Jitters Return as Chip Stocks Tumble Across Globe
-
Global AI Stocks Tumble as Samsung Electronics Results Prompt Tech Pullback
Articles & Videos
Trading Information
- Previous Close Price
- €163.40
- Day Range
- €155.55–166.75
- 52-Week Range
- €120.15–328.40
- Bid/Ask
- €155.50 / €0.00
- Shares Outstanding
- 79.11M
- Market Cap
- €12.31B
- Volume/Avg
- 845,388 / 496,957
Key Statistics
- Price/Earnings (Normalized)
- 64.18
- Price/Sales
- 18.69
- Dividend Yield (Trailing)
- 1.02%
- Dividend Yield (Forward)
- 1.02%
- Dividend Payment Schedule
- May
- Total Yield
- 1.57%
Company Profile
BE Semiconductor Industries supplies advanced packaging equipment for the semiconductor industry. Besi has a highly focused product portfolio coupled with a flexible business model, which allows it to maintain high gross and operating margins. Besi’s main clients include the world’s largest logic and memory foundries (TSMC, Samsung, Intel, and Micron) as well as integrated device manufacturers and outsourced assembly and test companies.
- Sector
- Technology
- Industry
- Semiconductor Equipment & Materials
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 2,311
- Website
- https://www.besi.com
Competitors
Valuation
|
Metric
|
BESI
|
00522
|
AMAT
|
|---|---|---|---|
Price/Earnings (Normalized) | 64.18 | 33.72 | 42.50 |
Price/Book Value | 23.86 | 3.63 | 14.38 |
Price/Sales | 18.69 | 3.81 | 12.03 |
Price/Cash Flow | 46.70 | 67.20 | 41.15 |
Price/Earnings
BESI
00522
AMAT
Financial Strength
|
Metric
|
BESI
|
00522
|
AMAT
|
|---|---|---|---|
Quick Ratio | 2.95 | 1.88 | 1.67 |
Current Ratio | 4.28 | 3.07 | 2.42 |
Interest Coverage | 9.15 | 15.30 | 33.00 |
Quick Ratio
BESI
00522
AMAT
Profitability
|
Metric
|
BESI
|
00522
|
AMAT
|
|---|---|---|---|
Return on Assets (Normalized) | 19.96% | 4.66% | 22.69% |
Return on Equity (Normalized) | 51.74% | 7.26% | 39.18% |
Return on Invested Capital (Normalized) | 26.02% | 6.28% | 25.01% |
Return on Assets
BESI
00522
AMAT
Semiconductor Equipment & Materials Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| ASML Holding NV
ASMLF
| LOCK|>QpmvT^ | LOCK|f>k | $638B | |||
| ASML Holding NV ADR
ASML
| LOCK|T!<W@Ws? | LOCK|@k | $638B | |||
| Lam Research Corp
LRCX
| LOCK|yy@^pX? | LOCK|D?n | $330B | |||
| Applied Materials Inc
AMAT
| LOCK|ncWqcZ<# | LOCK|FjZ | $325B | |||
| KLA Corp
KLAC
| LOCK|#Gbj^Kgp | LOCK|&$ | $216B | |||
| Advantest Corp ADR
ATEYY
| — | LOCK|MZX | $158B | |||
| Advantest Corp
ADTTF
| — | LOCK|rc | $158B | |||
| Teradyne Inc
TER
| LOCK|bJVL>l< | LOCK|m^ | $51B | |||
| Qnity Electronics Inc
Q
| LOCK|xC@d$H | LOCK|bhp?# | $24B | |||
| Entegris Inc
ENTG
| LOCK|$&v@WV | LOCK|r& | $21B |
United States