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Added to YB: 2025-07-07

Pitch date: 2025-07-01

XFAB.PA [neutral]

X-FAB Silicon Foundries SE

-21.5%

current return

Author Info

Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.

Company Info

X-FAB Silicon Foundries SE develops, produces, and sells analog/mixed-signal IC, micro-electro-mechanical systems, and silicon carbide products for automotive, medical, industrial, communication, and consumer sectors in the Europe, the United States, Asia, and internationally.

Market Cap

EUR 980.3M

Pitch Price

EUR 6.72

Price Target

27.00 (+412%)

Dividend

N/A

EV/EBITDA

6.85

P/E

46.48

EV/Sales

1.52

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Night Watch Investment Management Portfolio Holding: X-FAB Silicon Foundries SE

XFAB.PA (holding update): Analog semiconductor maker (67% auto revenue) at attractive valuation with 2 catalysts: 1) Auto chip recovery emerging after destocking cycle 2) $1B capex program completed, adding significant 2026 earnings. CEO owns 25%, bought €3.4M more in 2024. First dividend coming H2 2025. Target 3-4x current price.

Read full article (2 min)