Added to YB: 2025-01-24
Pitch date: 2025-01-22
MELE.BR [bullish]
Melexis NV
-2.18%
current return
Author Info
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Company Info
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America.
Market Cap
EUR 2.5B
Pitch Price
EUR 58.73
Price Target
85.75 (+49%)
Dividend
5.99%
EV/EBITDA
8.83
P/E
12.30
EV/Sales
2.69
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Melexis: A Qualitative Analysis
MELE.BR: Innovative chip designer, 90% auto focus. Q3 rev -2.52%, but 15% growth Y2-5, 10% Y6-10. EBIT 26.27% to 27.5% LT. 40.73% reinvestment. €79.25 fair value, 11.90% median IRR. Strong in EV, premiumization, ADAS. Fabless model enables efficiency.
Read full article (31 min)