Added to YB: 2025-02-06
Pitch date: 2025-02-05
MELE.BR [bullish]
Melexis NV
+8.63%
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 52.88
Price Target
N/A
Dividend
5.99%
EV/EBITDA
8.83
P/E
12.30
EV/Sales
2.69
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Melexis (MELE) Weak, but could a recovery be near?
MELE.BR: Q4 revenue -21% YoY at €197M, missing €205M est. Q1 guide €190-200M, below expectations. No FY guidance due to uncertainty. H1 rev ~€400M, H2 stronger. Inventory correction worse than expected, but likely near bottom. Long-term outlook positive despite 10-20% earnings cut. Potential re-rating on demand stabilization.
Read full article (1 min)