Silex Systems Limited (SLX) AI Stock Analysis

• Market Cap: AU$1.01B
• Dividend Yield: N/A
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.96
• Revenue Growth: 40.28%
• EPS Growth: -59.83%
• Country: AU
• Employees: 38
• Sector: Technology
• Sector Strength: 93
• Industry: Semiconductors
• EPS (TTM): -0.08
• Shares Outstanding: 238,105,730
• 10 Day Avg. Volume: 716,729
• 30 Day Avg. Volume: 1,100,921
• PEG Ratio: 0.94
• Price to Book (P/B): 8.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 214.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$6.47
• Price Target Upside: 51.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 54 Neutral
• Price Target: AU$4.50 ▲(5.39%Upside)

Silex Systems Limited's overall score is primarily affected by its financial challenges, particularly in profitability and cash flow consistency. While technical indicators show some positive momentum, the valuation is hindered by a negative P/E ratio, indicating potential overvaluation concerns.

Silex Systems Limited Business Overview & Revenue Model

Company Description

Silex Systems Limited, a technology commercialization company, engages in the research and development, commercialization, and license of SILEX laser uranium enrichment technology in Australia. It operates through three segments: Silex Systems, Translucent, and Silex USA. The company also develops cREO, a semiconductor technology. Silex Systems Limited was incorporated in 1987 and is based in Sydney, Australia.

How the Company Makes Money

Silex Systems Limited generates revenue primarily through the licensing of its laser enrichment technology to commercial partners in the nuclear energy sector. The company's primary revenue stream comes from milestone payments and royalties associated with the commercialization and deployment of its technology by partners, such as the Global Laser Enrichment (GLE) partnership with Cameco and GE Hitachi Nuclear Energy. These partnerships facilitate the scaling and application of Silex's technology, providing a pathway for recurring revenue based on the operational success and adoption of its enrichment solutions. Additionally, Silex may benefit from government grants and research and development incentives, given its focus on advancing nuclear technology.

Silex Systems Limited Financial Statement Overview

Summary

Silex Systems Limited faces several financial challenges, particularly in profitability and cash flow consistency. Despite modest revenue growth and a strong balance sheet, the company reports ongoing operational losses and fluctuating cash flows.

Income Statement

Silex Systems Limited shows modest revenue growth, but consistent negative profitability indicators such as gross profit margin and net profit margin suggest ongoing operational challenges. The company has faced widening losses, as indicated by negative EBIT and EBITDA margins, impacting its ability to generate consistent earnings.

Balance Sheet

The balance sheet is relatively stable, with a strong equity position and manageable debt levels, reflected in a low debt-to-equity ratio. The high equity ratio indicates a solid capital structure, but the return on equity remains negative due to ongoing losses, suggesting room for improvement in leveraging equity investments to generate profit.

Cash Flow

Cash flow analysis reveals some improvement, with positive operating cash flow and free cash flow in the latest period. However, historical volatility and negative cash flow in previous periods highlight potential liquidity risks. The free cash flow to net income ratio indicates difficulties in converting revenues into liquid assets, although recent trends are more favorable.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	6.11M	6.84M	4.22M	1.92M	1.65M
Gross Profit	-5.09M	-1.98M	-2.86M	-4.42M	1.29M
EBITDA	-22.27M	-5.53M	-9.00M	-6.61M	-8.28M
Net Income	-22.73M	-17.36M	-9.46M	-6.93M	-7.80M
Balance Sheet
Total Assets	141.56M	152.20M	54.12M	24.04M	29.39M
Cash, Cash Equivalents and Short-Term Investments	117.00M	140.74M	46.53M	19.90M	26.94M
Total Debt	1.18M	772.14K	982.50K	38.40K	48.10K
Total Liabilities	9.62M	3.51M	3.57M	1.97M	1.92M
Stockholders Equity	131.94M	148.69M	50.55M	22.07M	27.47M
Cash Flow
Free Cash Flow	5.85M	-2.43M	287.28K	-4.96M	-7.08M
Operating Cash Flow	6.14M	-2.34M	412.64K	-4.78M	-6.84M
Investing Cash Flow	7.56M	-114.40M	-40.06M	9.79M	5.16M
Financing Cash Flow	2.34M	114.55M	38.20M	-199.34K	638.08K

Silex Systems Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SLX, the sentiment is Positive. The current price of 4.27 is above the 20-day moving average (MA) of 4.16, above the 50-day MA of 3.71, and below the 200-day MA of 4.53, indicating a neutral trend. The MACD of 0.13 indicates Positive momentum. The RSI at 58.16 is Neutral, neither overbought nor oversold. The STOCH value of 72.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SLX.

Silex Systems Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TYR	76 Outperform	AU$507.52M	16.75	15.36%	―	7.50%	204.66%
BVS	66 Neutral	AU$981.90M	13.63	57.04%	2.92%	18.63%	―
NXL	62 Neutral	AU$750.76M	308.39	-0.19%	―	17.64%	96.99%
SLX	54 Neutral	AU$1.01B	―	-24.29%	―	40.28%	-59.83%
WIN	51 Neutral	AU$11.00M	―	-118.63%	―	―	-1123.94%
Sector *	51 Neutral	AU$1.55B	2.02	-31.50%	3.11%	16.21%	-7.40%
WBT	39 Underperform	AU$421.00M	―	-46.55%	―	905.48%	10.02%

Silex Systems Limited Corporate Events

GLE Advances Licensing for Paducah Laser Enrichment Facility

Global Laser Enrichment (GLE), the exclusive licensee of Silex’s uranium enrichment technology, has submitted a comprehensive Safety Analysis Report to the US Nuclear Regulatory Commission for the Paducah Laser Enrichment Facility in Kentucky. This submission marks a crucial step towards obtaining a license to re-enrich depleted uranium tails, potentially establishing a new domestic source of uranium enrichment in the US by 2030. This development positions GLE as a leader in the US nuclear enrichment sector, with the potential to significantly impact nuclear fuel production through the SILEX technology, contingent upon favorable market conditions and industry support.

The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.21 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

State Street Corporation Becomes Substantial Holder in Silex Systems

Silex Systems Limited has announced that State Street Corporation and its subsidiaries have become substantial holders in the company as of June 23, 2025. This development indicates a significant investment interest from a major financial institution, potentially impacting the company’s market perception and stakeholder confidence.

The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.90 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

VanEck Becomes Substantial Holder in Silex Systems

Van Eck Associates Corporation (VEAC) has become a substantial holder in Silex Systems Limited, acquiring a 5.39% voting power through its investment management business. This acquisition, involving over 12.8 million ordinary shares, signifies a notable investment in Silex Systems, potentially impacting the company’s market positioning and stakeholder interests in the nuclear energy sector.

The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.90 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Advances Uranium Enrichment Technology with GLE

Silex Systems Limited announced progress in the commercialization of its SILEX uranium enrichment technology through its joint venture, Global Laser Enrichment (GLE). The company is advancing a large-scale technology demonstration at GLE’s facility in Wilmington, NC, expected to complete by year-end, and is preparing to submit a license application for a commercial plant in Kentucky. The developments align with US government priorities to expand domestic nuclear energy capabilities, potentially benefiting from recent executive orders aimed at strengthening the sector.

The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.46 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Limited to Quote New Securities on ASX

Silex Systems Limited has announced the issuance of 3,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code SLX. This move is part of the company’s strategic efforts to enhance its financial standing and expand its market presence, potentially impacting its operations and positioning within the industry.

The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.21 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.

Silex Systems Advances Uranium Enrichment Technology with Key US Government Support

Silex Systems Limited has announced progress in its SILEX laser-based uranium enrichment technology, with Global Laser Enrichment (GLE) starting TRL-6 demonstration testing in Wilmington, NC. This testing is crucial for validating large-scale enrichment performance and is expected to be completed by the end of 2025. The company is also advancing its manufacturing capabilities to support future technology readiness levels. Additionally, GLE has secured initial funding from the US Department of Energy, marking a significant milestone in its commercialization efforts and potentially paving the way for larger-scale funding to support US energy security.