Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control segment designs, develops, manufactures and markets semiconductors for the conversion of electric energy in the medium to high power range. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, and for mobile devices and cellular infrastructure, as well as offers a range of Class-D amplifiers for home audio applications. The Chip Card & Security segment designs, develops, manufactures and markets hardware-based security products for card applications and connected systems. It is Germany's largest Semiconductors company by market capitalisation.
Independent Ratings and Relative Value Indicators
+ Clarivate 100:
Infineon Technologies AG is ranked in the Top 100 innovators by Clarivate Analytics. + Industryweek 1000:
It is a new entrant in the Industry Week list of the world's largest 1000 manufacturers by Revenues in 2016, ranked 588.
Contact Details
Website
https://www.infineon.com/
Physical Address
Am Campeon 1-15 NEUBIBERG BAYERN 85579
Phone
49892340
Fax
49-89-2349552987
Email
investor.relations@infineon.com
Industry & Sector [of 520 stocks]
Classification Level
Name of Sector
Business Sector
Technology Equipment
Industry Group
Semiconductors & Semiconductor Equipment
Industry
Semiconductors
Economic Sector
Technology
Financials FY 2023
IFX Financials Summary:
Year ended Sep
FY2023
FY2022
FY2021
Sales ($ B)
17.5
15.2
11.9
Pretax ($ B)
4.2
2.9
1.4
Net ($ B)
3.4
2.3
1.3
EPS (EUR)
2.3
1.65
0.87
EPS up 39.4% to EUR2.30 in FY2023 [ y.e. 30 Sep 2023]
+ Net profit was up 44% from $2.3 billion in FY2022 to $3.4 billion in FY2023.
+ Earnings Per Share (EPS) was up 39.4% from EUR1.65 in FY2022 to EUR2.30 in FY2023.
Financials, FY 2023 [year-ended 30 September 2023 ]
Infineon Technologies (ETR:IFX) announces EPS growth of 39%
Infineon Technologies (ETR:IFX), announced EPS of EUR2.3 ($2.43) for the year-ended 30 September 2023 [FY2023], up 39% from EUR1.65 ($1.61) in the previous year [FY2022]. Last year the company had reported EPS growth of 90% from 87.0c ($1.01) in FY2021 to EUR1.65 ($1.61) in FY2022.
Annual growth in Revenue, Net Profit and EPS
Year-ended
30 September [FY/2023]
30 September [FY/2022]
Revenue, EUR Billion
16.3
14.2
Revenue, $ Billion
17.3
15.1
Growth in Revenue %
14.7
28.6
Net Profit, EUR Billion
3.1
2.2
Net Profit, $ Billion
3.3
2.3
Growth in Net Profit %
44.0
86.4
EPS, EUR
2.3
1.65
Growth in EPS %
39.4
89.7
Major changes compared with previous year (FY2023 vs FY2022): Favourable Changes:
- Net profit up 44% from EUR2.2b ($2.1b) to EUR3.1b ($3.3b)
- Total revenue up 14.7% from EUR14.2b ($13.9b) to EUR16.3b ($17.3b)
- EPS up 39.4% from EUR1.65 ($1.61) to EUR2.3 ($2.43)
- EBIT Margin up from 19.2% to 24.0%
- EBIT to total assets up from 10.1% to 13.8% Unfavourable Changes:
- Total non-current assets to Total Assets down from 64.9% to 62.4%
Year-on-year comparison of Performance Ratios [FY2023 vs FY2022]
Five-year record of growth and performance:
In the last 5 years Total Revenue averaged EUR11.6B ($12.3B), EBITDA averaged EUR1.9B ($2B) and Net Profit averaged EUR1.6B ($1.6B). Compound Annual Growth Rate (CAGR) averaged 16.5% for Total Revenue, 23.9% for Net Profit and 23.8% for EBITDA.
Description
Annual (EUR B)
Annual ($ B)
5-year Avg (EUR B)
5-year Avg ($ B)
5-year CAGR %
Total Revenue
16.3
17.3
11.6
12.3
16.5
EBITDA
4.1
4.4
1.9
2
23.8
Operating Profit
3.9
4.2
1.9
2
22.7
Net Profit
3.1
3.3
1.6
1.6
23.9
Five-year record of EBITDA, Operating Profit, Net Profit, ROE, ROA and ROCE
In 2023 Net Profit Margin of 19.2% was above its 5-year Avg of 12.1% (All Figures in %)
Description
2023
5-year Avg
EBITDA Margin
25.2
14.9
Operating Profit Margin
24
14.7
Net Profit Margin
19.2
12.1
Return on Equity
18.4
11.5
Return on Assets
11
6.5
Return on Capital Employed
17.2
9.8
Dividend
Dividend History
In the past 5 years annual dividends have increased by 8.0c from 27.0c to 35.0c. Based on a start date of 5 years ago, there has been one decline in dividends over the last 5 years.
Date
Value (c)
Type
26 Feb 2024
35
Final
Tr 12 Months
35
2022 - 2023
32
2021 - 2022
27
2020 - 2021
22
2019 - 2020
27
Peer Comparison & Ranking of IFX
PEER COMPARISON: IFX IN INDICES
Infineon Technologies is a constituent of the following indices.
Its market capitalisation is $42 billion and accounts for 3.1% of the combined MCap of the DAXplus Seasonal Strategy (Performance) Index.
Index Name
MCap of Index ($ b)
IFX MCap as % of Index
DAXplus Seasonal Strategy (Performance) Index
1,357
3.1
L-DAX Index
1,357
3.1
DAX (Kursindex) Index
1,394
3.0
DAX Index
1,563
2.7
HDAX (Performance) Index
1,743
2.4
GLOBAL PEER COMPARISON: IFX - SIZE (all figures in $)
In its Global Peer Group of 9 companies IFX is ranked first (1) by Net Profit, Total Assets, third (3) by Revenue and fifth (5) by MCap.
Name (Code)
MCap
Revenue
Net Profit
Total Assets
Rank of IFX
5
3
1
1
Infineon Technologies (IFX)
42.1B
17.4B
3.3B
30.3B
NXP Semiconductors (NXPI)
55.8B
13.2B
2.8B
23.2B
Marvell Technology (MRVL)
54.8B
5.5B
(933.4M)
21.2B
Mediatek (2454)
48.4B
13.4B
2.4B
19.6B
Microchip Technology (MCHP)
45B
6.8B
1.3B
16.2B
Monolithic Power Systems (MPWR)
29.6B
1.8B
427.4M
2.4B
ON Semiconductor (ON)
26.4B
8.3B
1.9B
12B
ASE Industrial Holding (3711)
19.7B
17.9B
977.3M
20.5B
LONGi Green Energy Technology - A Share (601012)
19.3B
17.8B
2B
19.3B
GLOBAL PEER COMPARISON: IFX - RELATIVE VALUE INDICATORS
In value terms, comparing relative value of its shares, IFX is ranked
+ 6 out of 9 by Dividend Yield (%) [1.1]
+ 2 out of 9 by Price/Earnings per share [13.4]
+ 3 out of 9 by Price/Sales per share [2.5]
+ 3 out of 9 by Price/Book value per share [5.4]
Name (Code)
Currency Code
Last Price
Div Yld (%)
P/E
P/S
P/Book
Rank of IFX by value
6
2
3
3
Infineon Technologies (IFX)
EUR
30.1
1.1
13.4
2.5
5.4
NXP Semiconductors (NXPI)
USD
217.5
1.9
20.6
4.3
Marvell Technology (MRVL)
USD
63.4
0.4
10.2
Mediatek (2454)
TWD
993
10.1
20.5
3.6
5.5
Microchip Technology (MCHP)
USD
83.3
2.0
19.4
5.3
Monolithic Power Systems (MPWR)
USD
607.5
0.7
69.1
16.6
14.8
ON Semiconductor (ON)
USD
61.7
14.3
3.2
6.4
ASE Industrial Holding (3711)
TWD
146
6.0
19.8
1.1
2.7
LONGi Green Energy Technology - A Share (601012)
CNY
18.4
2.2
8.9
1.1
2.3
USD 1=
0.938051 Euro (EUR); 32.477 Taiwan Dollar (TWD); 7.238 Chinese Yuan (CNY)
BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Infineon Technologies vs German Market
Out of 1,339 stocks and 7 units in the German Market, Infineon Technologies is ranked sixteenth(16) by P/Earnings, Twenty-seventh(27) by Price/Net Tangible Assets, Thirty-fifth(35) by P/Sales and Thirty-seventh(37) by P/Earnings/ Growth.
German Avg
IFX
IFX Rank
P/Earnings
12.5x
13.1x
16
Price/Net Tangible Assets
2.5x
5.2x
27
P/Sales
0.7x
2.4x
35
P/Earnings/ Growth
-
0.3x
37
Revenue $
8 B
17.4 B
47
Net Profit $
461.7 M
3.3 B
172
Premium to 52-Wk Low (%)
16.5
12.5
239
Discount to 52-Wk High (%)
3.1
24.4
323
Free Cash Flow
260.3 M
549 M
411
EPS Growth YOY (%)
-
39.4
466
Yield (%)
0.2
1.2
731
ROA (%)
2.3
11.04
744
EBITDA Margin%
11.7
25.2
1472
Total Debt/Equity (the lower the better)
0.9x
0.3x
2097
Negative values are shown in brackets.
GLOBAL RANK [out of 46,531 stocks] AND RANK OF INFINEON TECHNOLOGIES IN THE EUROPE REGION [out of 7,421 stocks]
Description
Value
Global Rank
In Eur Region
MCap ($)
42.1B
425
84
Total Assets ($)
30.3B
1,444
294
Revenue ($)
17.4B
944
206
Net Profit ($)
3.3B
434
97
Return on Equity %
18.4
5,592
1,171
Net Profit Margin %
19.2
6,349
1,190
Price to Book
5.4
31,371
3,939
Price/Earnings
13.4
10,151
1,650
Yield %
1.1
17,664
2,996
PV1000 (1Year) $*
865
26,526
4,203
$* Change (1Year) %
-17.4
26,375
4,143
* 1 year ago EUR 1 = $ 1.1
Apr 19, 2024: EUR 1 equals $ 1.07
RANK OF INFINEON TECHNOLOGIES IN THE DAX INDEX [out of 27 stocks], IN THE GERMAN MARKET [out of 502 stocks] AND IN THE SEMICONDUCTORS SECTOR [out of 9 stocks]
Description
Value
In DAX Index
In German Market
In Semiconductors sector
MCap (EUR)
39.5B
12
16
1
Total Assets (EUR)
28.4B
26
45
1
Revenue (EUR)
16.3B
24
45
1
Net Profit (EUR)
3.1B
13
18
1
Return on Equity %
18.4
4
88
4
Net Profit Margin %
19.2
2
72
2
Price to Book
5.2
17
372
9
Price/Earnings
13.1
12
141
3
Yield %
1.2
24
263
2
PV1000 (1Year) EUR
889
18
197
3
LONG-TERM FUNDAMENTAL RANKING: 4 OUT OF 5 [5 is best]
Infineon Technologies is ranked number 8 out of 48 listed semiconductors companies in the Germany with a market capitalization of EUR39.5 billion ($42.1 billion).
It has a strong relative ROE of 18.4% and ROA of 11%. Finally, its earnings growth in the past 12 months has been a comparatively high 39.4%.
Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.
Patents
Number of Patents Issued to Infineon Technologies by the US Patent Office and the European Patent Office
A total of 7,544 patents were issued to Infineon Technologies in the last ten years. In the past year 1,246 patents were issued, 1.7 times average of 754 patents per year.
12 months ended Apr 19
No. of Patents Issued
2024
1,246
2023
901
2022
719
2021
804
2020
858
2019
867
2018
864
2017
672
2016
480
2015
133
Total
7,544
Rank by patents issued in the past 12 months: Infineon Technologies vs GERMANY stocks
Infineon Technologies is ranked 5 by patents issued in the past year out of 1,879 Germany listed companies. A total of 24,991 patents were issued to Germany listed companies in the past year, an average of 117.3 patents per company. Infineon Technologies received 1,238 patents in the past 12 months, 93 times average.
Glossary
ADVT: Average Daily Volume of shares Traded
Annual Return: Dividends Paid In a 12-Month Period/Price at the Beginning of the Period + Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)
Current Ratio: Current Assets/Current Liabilities (times)
Debt/Equity: Net Debt/Net Assets %
Dividend Yield: Dividend Per Share/Share Price (%)
EBIT Margin : Earnings Before Interest and Tax/Revenue (%)
Earnings Yield: Earnings Per Share/Share Price (%)
Income during the n years (3/2/1): Dividends received during the Period
Moving Average Price (n periods): Sum of Prices for each Period/Number of Periods
PV1000: Present value of 1000 invested 1 year/'n' years ago
Price Close/Moving Avg Price: Latest Price/Moving Average Price
Price/Earnings: Share Price/Earnings Per Share (times)
Price/NTA: Closing Share Price/Net Tangible Assets Per Share (times)
Price/Sales: Share Price/Sales Per Share (times)
Relative Price Change [RPC]: Relative price change is price change of stock with respect to Benchmark Index
Relative Strength (6 Months): Price close today/Price close 6 months ago, then ranked by percentile within the entire market.
Return on Assets: Net Profit/Total Assets (%)
Return on Equity (Shareholders' Funds): Net Profit/Net Assets (%)
TSR: Total Shareholder Returns is expressed as an annualized rate of return for shareholders after allowing for capital appreciation and dividend
TTM: Trailing 12 Months
Volume Index (VI): Number of shares traded in the period/Average number of shares traded for the period
Volume Weighted Average Price (VWAP): The Volume Weighted Average Price (VWAP) is the summation of turnover divided by total volume in the same period.
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