Infineon is one of Europe’s largest broad-based chipmakers, with significant exposure to secular growth drivers in the automotive chip sector. Infineon should emerge as a leading supplier for electric vehicles, active safety systems, and infotainment systems used in cars. However, like most chipmakers, Infineon's business remains highly cyclical as demand rises and falls with the health of its various end markets.
Infineon is now focused on its core industrial, automotive, and card security markets after a series of smart divestitures of underperforming businesses.
Unlike some other large US-based peers, Infineon has a large discrete chip business that is more commoditylike, in our view, and carries inherently lower gross margins than high-performance analog chips.
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Metric
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IFX
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STM
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TXN
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|---|---|---|---|
Price/Earnings (Normalized) | 51.82 | 124.06 | 48.49 |
Price/Book Value | 4.93 | 3.10 | 15.40 |
Price/Sales | 5.52 | 4.60 | 14.06 |
Price/Cash Flow | 24.85 | 23.70 | 32.42 |
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Metric
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IFX
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STM
|
TXN
|
|---|---|---|---|
Quick Ratio | 0.70 | 2.23 | 2.37 |
Current Ratio | 1.59 | 3.31 | 4.46 |
Interest Coverage | 6.14 | 4.35 | 12.06 |
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Metric
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IFX
|
STM
|
TXN
|
|---|---|---|---|
Return on Assets (Normalized) | 6.14% | 2.18% | 16.93% |
Return on Equity (Normalized) | 11.13% | 3.07% | 35.43% |
Return on Invested Capital (Normalized) | 8.41% | 2.10% | 20.89% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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