Elmos Semicond Stock Forum

ELMOS SEMICONDUCTOR SE ADOPTS MEDIUM-TERM FINANCIAL TARGETS FOR 2030 | $ELG (+4.37%)

Third quarter 2024 and outlook 2024

• In the third quarter of 2024, the company generated consolidated sales of 156.6 million euros (Q3 2023: 151.5 million euros), an increase of 3.4% compared to the previous year and plus 10.3% compared to the second quarter of 2024. EBIT amounted to 39.9 million euros (Q3 2023: 41.6 million euros). This corresponds to an EBIT margin of 25.5% of sales (Q3 2023: 27.5%). Investments in property, plant and equipment and intangible assets less capitalized development costs decreased as planned in the third quarter of 2024 to EUR 5.9 million or 3.8% of sales (Q3 2023: EUR 34.0 million). Adjusted free cash flow amounted to 45.5 million euros (Q3 2023: 33.9 million euros).
• For fiscal year 2024, Elmos expects sales in the lower range of the unchanged sales forecast of 605 million euros ± 25 million euros. The operating EBIT margin (excluding special items) is still expected to be 25% ± 2 percentage points of sales. The company also anticipates investments in property, plant and equipment and intangible assets less capitalized development costs of around 12% ± 2 percentage points of revenue. For the full year 2024, Elmos now expects a positive adjusted free cash flow including effects from the completion of the sale of the Elmos wafer production to Littelfuse Inc. The forecast is based on an exchange rate of 1.10 euro/US dollar.

Medium-term targets 2030

• Sales: around 1 billion euros in the financial year
• EBIT margin: around 25% of sales
• Investment ratio: <10% of sales on average until 2030
• Adjusted free cash flow: gradual improvement

Semiconductor shares since their 52-week highs

-61% Intel $INTC (-2.95%)

-54% Aixtron $AIXA (-1.56%)

-45% STMicroelectronics $STMPA (+1.72%)

-44% Micron Technology $MU (-3.75%)

-37% Globalfoundries $GFS (-1.1%)

-36% BE Semiconductor $OXVE

-33% Lam Research $LRCX

-29% AMD $AMD (-2.45%)

-29% Qualcomm $QCOM (-2.78%)

-28% ON Semiconductor $ON (-0.06%)

-27% ASML $ASML (+0.06%)

-26% Applied Materials $AMAT (-0.75%)

-26% Elmos Semiconductor $ELG (+4.37%)

-24% Microchip Techn. $MCHP (-3.32%)

-23% ARM $ARM (-1.28%)

-23% Synopsys $SNPS (-0.94%)

-23% Infineon $IFX (+2.82%)

-22% NXP Semiconductors $NXPI (-0.23%)

-20% Cadence Design $CDNS (-1.25%)

-17% Nvidia $NVDA (+2.32%)

-17% VanEck Semicon. ETF $IE00BMC38736 (-0.41%)

-17% Nordic Semi $NRS

-17% KLA Corporation $KLAC (-0.36%)

-13% Marvell Technology $MRVL (+0.7%)

-12% TSMC $2330

-11% Broadcom $AVGO (-1.21%)

-7% Texas Instruments $TXN (-1.11%)

-6% Monolithic Power Syst. $MPWR (-0.87%)

>> Which stocks are you invested in and how are they performing? Which of these stocks do you have on your watchlist? #semiconductor
#halbleiter

German winning stocks of the past five years

+603% SUSS Microtec $SMHN (+1.66%)

+411% Rheinmetall $RHM (+1.29%)

+329% Redcare Pharmacy $RDC (-5.06%)

+326% ATOSS Software $AOF (+0.68%)

+262% PNE $PNE3 (-0.36%)

+258% Mutares $MUX (-3.44%)

+232% Energiekontor $EKT (-2.85%)

+231% GFT Technologies $GFT (+0.73%)

+230% Elmos Semiconductor $ELG (+4.37%)

+229% Adtran Networks $ADV (-0.05%)

+161% Commerzbank $CBK (-2.23%)

+146% Krones $KRN (-0.34%)

+131% Hella $HLE (-0.83%)

+126% Munich Re $MUV2 (-2.42%)

+125% Deutsche Bank $DBK (-1.8%)

+111% VERBIO $VBK (-14.54%)

+111% KSB (Vz) $KSB (+3.5%)

+109% Infineon $IFX (+2.82%)

+109% Siemens $SIE (-3.08%)

+107% Talanx $TLX (-1.13%)

+103% Encavis $ECV (-0.18%)

+100% SFC Energy $SFC

+95% Nemetschek $NEM (-0.68%)

+93% Aixtron $AIXA (-1.56%)

+90% flatexDEGIRO $FTK (-0.47%)

+84% SAP $SAP (-0.16%)

Which ones do you have in your portfolio or on your watchlist?

I sold Infineon and Elmos too early.

+++ Earnings summary this morning, 01.08. +++

Volkswagen (VW) $VOW (-1.76%) achieves sales of €83.3 billion (previous year: €80.1 billion, forecast: €81.9 billion), an operating profit of €5.46 billion (previous year: €5.60 billion, forecast: €5.38 billion) and earnings after tax of €3.63 billion (previous year: €3.79 billion) in Q2. In the outlook for 2024, VW confirms the forecast for sales and deliveries.

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BMW $BMW (-0.59%) achieves sales of €36.9 billion in the 2nd quarter (previous year: €37.2 billion, analyst forecast: €37.4 billion), EBIT (Group) of €3.88 billion (previous year: €4.34 billion, forecast: €3.95 billion) and Group net profit of €2.71 billion (previous year: €2.96 billion, forecast: €2.62 billion). Outlook for 2024 confirmed.

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DHL $DHL (-1.76%) generates Q2 revenue of €20.6 billion (previous year: €20.1 billion, analyst forecast: €20.3 billion), EBIT of €1.4 billion (previous year: €1.7 billion, forecast: €1.3 billion) and net profit of €744 million (previous year: €978 million, forecast: €754 million). Outlook for 2024 and EBIT forecast for 2026 confirmed.

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Vonovia $VNA (-1.46%) achieves average rent per square meter of €1. In the first half of 2024, Vonovia generated an average rent per square meter of € 7.86 (previous year: € 7.58); EBITDA (adjusted) from rental activities of € 1.19 billion (previous year: € 1.21 billion), EBT (adjusted) from continuing operations of € 887.2 million (previous year: € 945.8 million); EBITDA (adjusted) from continuing operations of € 1.27 billion (previous year: € 1.30 billion) and net income for the period of € 1.27 billion (previous year: € 1.30 billion): €945.8 million); EBITDA (adjusted) from continuing operations of €1.27 billion (previous year: €1.30 billion) and a net loss for the period of -€529.2 million (previous year: -€4.13 billion). The vacancy rate in the first half of the year was 2.2% (previous year: 2.2%) and the real estate portfolio value (as at the end of June) was €82.5 billion (previous year: €83.9 billion at the end of 2023). In the outlook for 2024, the company now sees adjusted EBITDA at the upper end of the range of €2.55 billion to €2.65 billion and adjusted EBT at the upper end of the range of €1.7 billion to €1.8 billion

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Elmos Semiconductor $ELG (+4.37%) achieved sales of €142 million (previous year: €136 million), EBIT of €35.9 million (previous year: €34.1 million) and net profit of €24.3 million (previous year: €23.0 million) in the second quarter. Outlook for 2024 confirmed.

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Symrise $SY1 (-1.94%) achieved sales of €2.57 billion in the first half of the year (previous year: €2.41 billion, analyst forecast: €2.56 billion), EBITDA of €529.8 million (previous year: €446 million, forecast: €526.1 million) and net income of €239.5 million (previous year: €187.5 million, forecast: €251.2 million). Outlook for 2024 confirmed.

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HUGO BOSS $BOSS (-5.03%) achieves sales of €1.015 billion in the second quarter (previous year: €1.026 billion, preliminary figures from July 15: €1.015 billion), EBIT (final) of €70 million (previous year: €121 million, preliminary: €70 million) and net profit of €37 million (previous year: €75 million).

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Heidelberger Druck $HDDB achieved sales of €403 million (previous year: €544 million), EBITDA (adjusted) of -€9 million (previous year: +€41 million) and a net result of -€42 million (previous year: +€10 million) in the first quarter. Forecast confirmed.

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Klöckner & Co $KCOB achieved sales of 2.3 million tons in the first half of the year (previous year: 2.1 million tons), EBITDA before material special effects of €83 million (previous year: €130 million) and a consolidated result from continuing operations of -€26 million (previous year: €39 million). In the outlook for 2024, the company expects a slight decline in sales compared to the previous year and EBITDA before material special effects of €120 million to €180 million.

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Merck KGaA $MRK (-0.69%) achieves final Q2 sales of €5.35 billion (preliminary: €5.35 billion), final adjusted EBITDA of €1.509 billion (preliminary: €1.509 billion) and final adjusted earnings per share of €2.20 (preliminary: €2.20). Outlook confirmed.

-

MTU Aero Engines $MTX (-1.71%) achieves Q2 revenues (adjusted) of €1.755 billion (previous year: €1.57 billion), EBIT (adjusted) of €193 million (previous year: €242 million, analyst forecast: €223 million) and net profit of €185 million (previous year: €143 million, forecast: €163 million). Margin forecast for 2024 raised to around 13% (previously: more than 12%) Outlook for sales, adjusted EBIT margin and FCF confirmed.

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Daimler Truck $DTG (-0.12%) achieved order intake of 92,569 vehicles in the 2nd quarter (previous year: -5%), revenue of €13.3 billion (previous year: €13.88 billion), EBIT (adjusted) of €1.17 billion (previous year: €1.43 billion) and earnings per share of €0.93 (previous year: €1.11).

Good evening, dear community,

what do you think of the current Chip/Ki/Semiconductor situation, is anyone invested, has been in the market for a long time, has just risen or has long been out of it?

Feel free to write your suggestions and experiences here :D

$NVDA (+2.32%)
$ELG (+4.37%)
$AMD (-2.45%)
$TSM (-0.93%)
$INTC (-2.95%)
$SMCI #USW.

I bought Elmos at about 20 € in 2020 but I have increased my position again. Elmos is about 20% away from their all-time high. They have presented wonderful figures and are increasing the dividend by 25%. I see there still an enormous potential upwards.

So something new has come up again. Although I bought Elmos at around €20 in 2020, I have increased my position again. Elmos is about 20% away from its all-time high. They have presented wonderful figures and are increasing the dividend by 25 %.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗙𝗲𝗱 𝘄𝗶𝗲 𝗲𝗿𝘄𝗮𝗿𝘁𝗲𝘁 / 𝗣𝗮𝗸𝗲𝘁𝗲 𝘀𝗶𝗻𝗱 𝗴𝗲𝗳𝗿𝗮𝗴𝘁 / 𝗣𝗵𝗮𝗿𝗺𝗮𝗿𝗶𝗲𝘀𝗲𝗻 / 𝗞𝗿𝘆𝗽𝘁𝗼𝗵𝗮𝗻𝗱𝗲𝗹 𝗶𝗻 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗲𝗻

𝗜𝗣𝗢𝘀 🔔

Veganz - The Berlin-based company has now revealed the official issue price of €87 for its IPO on November 10. This results in gross issue proceeds of €47.6 million.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, América Móvil ($MV9L), Bank Of Princeton ($BPRN), Columbus McKinnon Corp. ($VC3 (+0.57%)), CMS Energy ($CSG (+0%)), Dana Corp. ($4DH (+0.62%)), First Commonwealth Bank ($FCF (-1.11%)), FirstEngergy ($FE7 (+0%)), Howmet Aerospace ($48Z (-0.95%)), Idacorp ($IDJ (+0.91%)), Intel ($INL (-2.95%)), J. B. Hunt ($JB1 (-2.08%)), Lamb Weston Holdings ($0L5 (+0.24%)), National Western Life ($NWLI) and Warrior Met Coal ($WJ4 (-5.95%)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Alibaba Group ($2RR (-2.85%)), Barrick Gold ($ABR (-1.84%)), Citrix ($CTX), Commerzbank ($CBK (-2.23%)), Credit Suisse ($CSX), Deutsche Post AG ($DPW (-1.76%)), Elmos Semiconductor ($ELG (+4.37%)), Evonik ($EVK (-2.32%)), Expedia ($E3X1 (-0.96%)), Freenet ($FNTN (-1.63%)), Fujifilm ($FJI (+0.62%)), Hannover Re ($HNR1 (-2.23%)), HeidelbergCement ($HEI (-2.58%)), Hugo Boss ($BOSS (-5.03%)), ING ($INN1 (-1.54%)), Kellogg Company ($KEL (+0.35%)), Lanxess ($LXS (-4.42%)), Mitsubishi Motors ($MMO (+1.38%)), Moderna ($0QF (+2.24%)), Monster Beverage ($MOB (+0.87%)), Motorola Solutions ($MTLA (+0.4%)), Nikon ($NKN (-2.68%)), Peloton ($2ON (-1.63%)), Pfeiffer Vacuum ($PFV (-0.65%)), ProSiebenSat.1 Media ($PSM (-3.41%)), RTL Group ($RRTL (-1.91%)), Siemens Healthineers ($SHL (-2.44%)), Toyota ($TOM (+0.22%)) and Vonovia ($VNA (-1.46%)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Fed - As expected, the Federal Reserve decided to reduce its bond purchases. Instead of the previous $120 billion per month, only $105 billion will be invested in the purchase of government bonds and mortgage-backed securities starting in mid-November. Further cuts are planned from December.

Now all eyes are on possible interest rate hikes, but the ECB considers an increase in the key interest rate next year unlikely. Similarly, Deutsche Bank does not expect interest rates in the USA to be adjusted before December 2022.

Deutsche Post ($DPW (-1.76%)) - Deutsche Post stock has been on the upswing lately and it is one of the best performers of the day. The paper was able to improve by 2.8 percent and was at EUR 57.35 in the meantime. An average price target of EUR 64.72 is targeted. Analysts expect earnings of EUR four per share for 2022.

Roche ($RHO5 (-1.18%)) / Novartis ($NOT (-0.7%)) - In order to achieve full strategic independence, pharmaceutical giant Roche has repurchased from a competitor Novartis its Roche shares for 19 billion Swiss francs. It was agreed to buy back 53.3 million shares at a price of 356.9341 Swiss francs. Christoph Franz said that he is convinced that this planned transaction is in the best interest of Roche and its shareholders from a strategic and economic point of view.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Commonwealth Bank ($CWW (+0.22%)) - Australia's largest bank stated over the past day that they are working on making Bitcoin and other cryptocurrencies tradable for their customers in the coming weeks. Furthermore, they elaborated that they also want to offer it to their customers to store the cryptocurrencies for them. Initially, only Bitcoin ($BTC-EUR (+1.24%)), Bitcoin Cash ($BCH-EUR (-6.39%)), Ethereum ($ETH-USD (-1.61%)) and Litecoin ($LTC-EUR (-0.57%)) will be available. The implementation will take place in collaboration with Gemini, a U.S.-based company specializing in the safekeeping of crypto assets. Commonwealth Bank is by far the largest financial institution on the continent, with total assets of $688.4 billion, so this news is a big step for the crypto industry.

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