Stock · AIXA.DE · Technology

AIXTRON SE

Germany · Mid Cap · Revenue 12 mo. €481.1M

Price as of 11/06/2026

StockScorer score
4.5
of 10 5 of 11 points Low Match To the score
Price
€30.41
1 Y +63.8%
Market cap
€3.3B
Phase
Growth
revenue growing, core business profitable
Revenue +6.3% a year (3 years)EBIT margin 16.5%Payout 7.8% of operating cash flow

AIXTRON SE, together with its subsidiaries, manufactures and sells deposition equipment to the semiconductor industry in Asia, Europe, and the United States.

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AIXTRON SE, together with its subsidiaries, manufactures and sells deposition equipment to the semiconductor industry in Asia, Europe, and the United States. The company offers G10-SiC, G10-GaN, G10-AsP, AIX G5+ C, Closed Coupled Showerhead systems for research and development, AIX 2800G4-TM, and AIX G5 WW C. It also develops, produces, and installs equipment for the deposition of semiconductor materials; and offers deposition processes, consulting, training, customer support, and other related services, as well as peripheral equipment and services to support the operation of its systems. In addition, the company engages in supplying deposition equipment for volume production; and research and development and pre-series production activities. Its products are used in laser, LED, display technologies, optical data transmission, SiC and GaN power electronics, and other applications. AIXTRON SE was founded in 1983 and is headquartered in Herzogenrath, Germany.

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Summary

AIXTRON SE is around the middle of the Technology sector overall

48.8 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 7.0% FCF growth a year. There are not enough years to compare it with the company's own past.

If free cash flow stays at €181.3M (2025), it supports €2B. The remaining €1.3B of the market value assume it grows 7.0% a year for 10 years and not at all afterwards.

Required FCF growth per year

7.0%

no growth afterwards

Market value breakdown€3.3B market value, price as of 11/06/2026

€2B without growth
€1.3B priced-in growth

Valuation against its own history

Price to operating cash flow 11.5×, below its usual range.

Middle half of 14 quarters: 16.6× to 64.5×, median 46.1×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 4.1% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Revenue declined revenue −12.1% year on year
  • EBIT margin falling for three quarters −8.1 pp over the last four reports

Since the last quarter

Q1 → Q2 2026

A mixed quarter: 2 figures better, 2 worse.

  • FCF, 12 mo.€201.0M → €273.1M+35.9%better
  • EBIT margin12.3% → 10.2%−2.1 ppworse
  • FCF margin39.9% → 56.8%+16.8 ppbetter
  • Net debt−€130.8M → €102.6Msign changedworse

4 more unchanged: Revenue, 12 mo., Gross margin, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability44.0around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity9.36%14.60%Rank 33
Return on capital (Greenblatt)11.46%29.77%Rank 22
EBIT margin16.55%17.40%Rank 48
FCF margin32.58%18.54%Rank 84
Gross margin39.70%48.47%Rank 32
Growth38.5below the middleGrows more slowly than the sector: Revenue growth, 1 year −12.10%, sector 12.70%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−12.10%12.70%Rank 1
Earnings growth, 3 years per year−5.45%9.54%Rank 20
Earnings growth, 5 years per year19.37%14.07%Rank 66
Sustainable growth (ROE × retained earnings)4.93%2.87%Rank 66
Valuation50.5around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield2.48%2.64%Rank 44
FCF yield5.49%3.06%Rank 74
EV/saleslower is better5.545.18Rank 48
EV/EBITlower is better33.5026.24Rank 36
Momentum39.2below the middleShare price doing worse than the sector: Share price, 6 months −38.75%, sector −4.46%.
MetricStockSector medianPosition in sector
Share price, 1 year63.77%−0.59%Rank 92
Share price, 6 months−38.75%−4.46%Rank 12
Share price, 3 months−19.05%−5.84%Rank 30
Distance from 52-week high−49.67%−33.23%Rank 23
Quality46.7around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better1.73%1.65%Rank 48
Change in share countlower is better0.15%−0.17%Rank 32
Dividend streak in years–8Rank 18
Price reaction to results, market-adjusted8.53%−1.57%Rank 88
Balance sheet & risk73.9above the middleLess risk than the sector: Equity ratio 87.54%, sector 53.98%.
MetricStockSector medianPosition in sector
Equity ratio87.54%53.98%Rank 97
Net debt/EBITDAlower is better−2.00−0.20Rank 84
Debt to equitylower is better0.010.33Rank 93
Volatility, 1 yearlower is better70.51%50.37%Rank 22

Ten years in figures

Revenue from €196.5M (2016) to €556.6M (2025), 12.3% a year.

Fiscal years, amounts in EUR
YearRevenue, €MEBIT marginFCF, €MSharesNet debt, €M
2016196.5−10.9%−43.0112M−120.0
2017230.42.1%60.4112M−226.5
2018268.815.4%3.7112M−236.2
2019259.615.0%35.1112M−267.7
2020269.212.9%−48.5112M−184.3
2021429.023.1%−31.0112M−146.8
2022463.222.6%7.5112M−96.8
2023629.924.9%−109.9112M−92.6
2024633.220.7%−72.5113M−59.1
2025556.616.6%181.3113M−100.6
4.5 / 10Low MatchStockScorer score5 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

AIXTRON SE mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How AIXTRON SE's score is built

AIXTRON SE is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

5 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does AIXTRON SE stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum
  • Growth Momentum (CAN SLIM principle)

AIXTRON SE key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for AIXTRON SE.

MetricStockSector
P/E ratio40.235.1
P/B ratio3.85.5
Return on equity (ROE)9.4%14.6%
Equity ratio87.5%54.0%
Debt-to-equity (D/E)0.010.33
Dividend yield0.5%0.9%

Similar stocks in Technology

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
AIXA.DEAIXTRON SEthis page
SMHN.DESÜSS MicroTec SELow2.7
042700.KSHanmi Semiconlocked
688361.SSSkyverse Technology Co. Ltd. Alocked
601012.SSXian LONGi Silicon Materials Corplocked
5016.TJX Advanced Metals Corplocked

Frequently asked questions about AIXTRON SE stock

How does AIXTRON SE stock (AIXA.DE) score in the StockScorer model?
AIXTRON SE stock reaches a StockScorer score of 4.5 out of 10, which is a low match with the rule-based strategies. 3 out of 7 flagship profile rules are met.
What is AIXTRON SE's P/E ratio?
AIXTRON SE's P/E ratio is 40.2. The Technology sector median is 35.1.
What sector is AIXTRON SE in?
AIXTRON SE is assigned to the Technology sector. Its rank within the sector is 48.8 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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