Added to YB: 2025-10-30
Pitch date: 2025-10-28
SMHN.DE [neutral]
SUSS MicroTec SE
+48.38%
current return
Author Info
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Company Info
SUSS MicroTec SE, together with its subsidiaries, develops, manufactures, markets, and maintains systems to produce microelectronics, microelectromechanical systems, and related applications.
Market Cap
EUR 692.4M
Pitch Price
EUR 26.00
Price Target
N/A
Dividend
0.55%
EV/EBITDA
6.30
P/E
11.54
EV/Sales
1.25
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
SUSS MicroTec (SMHN Germany): Margin pressure overshadows steady demand recovery
SMHN.DE (quick overview): Q3 revenue beat expectations but margins pressured by Taiwan facility ramp-up costs & unfavorable product mix. Orders €70M disappointed. Cut EBIT guidance but maintained ~10% sales growth target. 1/3 revenue from HBM ecosystem positions well for 2026 recovery as AI/memory capex resumes.
Read full article (2 min)