Added to YB: 2026-06-01
Pitch date: 2026-05-28
SOI.PA [neutral]
Soitec SA
Author Info
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Company Info
Soitec SA develops and manufactures semiconductor materials in Asia, Europe, and the United States. The company offers CONNECT Radio Frequency Silicon-on-Insulator for smartphone front-end modules; CONNECT FD SOI for engineered substrates; CONNECT Piezoelectric-on-Insulator RF filters for smartphones; and CONNECT RF gallium nitride which increases the frequency system efficiency and power density of next generation sub 6GHz and mmWave-band cellular 5G infrastructures and mobile devices.
Market Cap
EUR 6.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
61.74
P/E
-30.87
EV/Sales
11.68
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Soitec (SOI France): the downturn is ending, but the market may already be pricing the recovery
SOI.PA (overview): FY26 rev -33%, EBITDA halved, first net loss in a decade on RF-SOI/auto inventory correction; fab util ~50%. Q1 guide ~15% growth signals stabilizing cycle. Photonics ($100M+ rev) pivot to AI/optical is the new story. FCF beat on lower capex, modest leverage. But stock has surged, already pricing aggressive recovery + photonics leadership amid fragile fundamentals & ramp challenges.
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