ELMOS Semiconductor (ELG) AI Stock Analysis

• Market Cap: €2.61B
• Dividend Yield: 1.08%
• Average Volume (3M): 20.25K
• Price to Earnings (P/E): 25.0
• Beta (1Y): 1.40
• Revenue Growth: -5.55%
• EPS Growth: 21.30%
• Country: DE
• Employees: 1,161
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 1.66
• Shares Outstanding: 17,700,000
• 10 Day Avg. Volume: 22,808
• 30 Day Avg. Volume: 20,252
• PEG Ratio: 0.30
• Price to Book (P/B): 2.07
• Price to Sales (P/S): 2.00
• P/FCF Ratio: -22.95
• 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: €137.33
• Price Target Upside: -6.45% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 6.58
• Revenue Forecast (FY): €644.54M

• Rating: 74 Outperform
• Price Target: €130.00 ▼(-11.44% Downside)
• Action: Reiterated Date: 12/11/25
• Date: Action: Reiterated 12/11/25

ELMOS Semiconductor's strong technical indicators and solid financial performance are the primary drivers of its score. The stock's reasonable valuation further supports its attractiveness. However, challenges in revenue growth and cash flow generation slightly temper the overall outlook.

Positive Factors

Low Leverage / Strong Balance Sheet

A very low debt-to-equity ratio and healthy equity position give ELMOS durable financial flexibility. With strong ROE, the company can fund R&D and capex internally, withstand industry downturns, and maintain supplier/customer confidence over the medium term.

High Profitability Margins

Sustained double‑digit net and very high EBIT margins reflect operational efficiency and pricing power in specialized automotive/industrial ICs. High margins provide a durable buffer for investment in product development and absorb cyclical revenue dips.

Stable OEM Partnerships & Focused Product Mix

A business model built on long-term OEM partnerships and bespoke IC solutions creates sticky demand and high switching costs. This structural customer alignment supports recurring design wins and steady multi‑year revenue streams in automotive and industrial markets.

Negative Factors

Negative Revenue Trend

TTM revenue decline signals pressure on top-line momentum. For a technology supplier, shrinking sales impede scale benefits and can limit reinvestment in R&D, making it harder to defend market share and sustain long‑term product roadmaps.

Declining Free Cash Flow

A notable drop in free cash flow growth and weak FCF-to-net-income reduce financial flexibility. Over months this constrains funding for R&D, capex, dividends or M&A, raising reliance on external financing during investment cycles or market stress.

Concentration in Automotive / Cyclical Demand Risk

Heavy exposure to automotive and industrial end markets creates structural cyclicality risk. OEM spending and vehicle production cycles are lumpy; prolonged softness or delayed launches can materially depress semiconductor orders and revenue visibility over months.

ELMOS Semiconductor Business Overview & Revenue Model

Company Description

Elmos Semiconductor SE, together with its subsidiaries, develops, produces, and markets semiconductors and sensors primarily for use in the automotive industry worldwide. It offers sensor ICs, which include ultrasonic distance, sensor signal processor, integrated absolute pressure system, optical IR sensor, ToF imager, and passive infrared ICs; interface ICs, such as PSI5 transceivers, LIN/CAN, and KNX/EIB transceivers; and special project products comprising ASIC design, as well as automotive safety, engine management, and relay driver ICs. The company also provides motor control ICs, including stepper, brushless DC, and DC motor controller ICs; and power management ICs, such as LED driver, DC/DC converter, and low dropout regulator ICs. Its products are used in automotive applications comprising ADAS and safety, body and convenience, infotainment, lighting, and powertrain; and smart home and industrial automation applications. The company was founded in 1984 and is headquartered in Dortmund, Germany.

How the Company Makes Money

ELMOS Semiconductor generates revenue primarily through the sale of its semiconductor products, which include microcontrollers, sensor ICs, and mixed-signal ICs. The company operates on a business model that focuses on long-term partnerships with automotive manufacturers and suppliers, providing customized solutions that meet specific client needs. Key revenue streams include direct sales to automotive customers, royalties from licensing agreements, and revenue from research and development projects. Additionally, ELMOS benefits from strategic collaborations with other technology firms and automotive OEMs, which help expand its market reach and enhance its product offerings.

ELMOS Semiconductor Financial Statement Overview

Summary

ELMOS Semiconductor demonstrates strong profitability and a solid balance sheet, with low leverage and high return on equity. However, recent negative revenue growth and declining free cash flow growth highlight potential challenges in sustaining growth and cash flow generation.

Income Statement

ELMOS Semiconductor shows strong profitability with a consistent net profit margin of over 21% in recent years, and an impressive EBIT margin of 27.8% TTM. However, the revenue growth rate has turned negative in the TTM period, indicating potential challenges in maintaining growth momentum.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.17 TTM, indicating prudent financial management. Return on equity remains robust at 22.5%, reflecting efficient use of equity capital. The equity ratio is healthy, suggesting a stable financial position.

Cash Flow

Cash flow performance is mixed, with a decline in free cash flow growth by 20.2% TTM. The operating cash flow to net income ratio is moderate at 0.72, indicating reasonable cash generation relative to net income. However, free cash flow to net income is relatively low, suggesting potential cash flow constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	559.08M	581.11M	575.01M	447.25M	322.09M	232.56M
Gross Profit	230.50M	254.54M	271.31M	207.54M	144.67M	92.55M
EBITDA	189.17M	211.20M	194.18M	154.39M	91.79M	40.09M
Net Income	124.04M	128.70M	99.15M	71.38M	39.81M	6.42M
Balance Sheet
Total Assets	811.00M	799.83M	812.40M	542.43M	418.01M	395.50M
Cash, Cash Equivalents and Short-Term Investments	115.45M	95.51M	92.38M	42.01M	25.39M	43.63M
Total Debt	99.90M	111.30M	116.64M	75.56M	74.18M	45.15M
Total Liabilities	194.68M	236.65M	364.45M	182.01M	117.85M	85.28M
Stockholders Equity	615.76M	562.72M	447.44M	359.79M	299.44M	309.58M
Cash Flow
Free Cash Flow	14.68M	-50.77M	-24.55M	14.78M	10.90M	4.74M
Operating Cash Flow	54.48M	16.27M	102.64M	98.64M	79.60M	27.28M
Investing Cash Flow	19.24M	-1.11M	-73.75M	-72.61M	-73.60M	-42.35M
Financing Cash Flow	-21.40M	-22.56M	22.94M	-7.45M	-28.72M	-39.46M

ELMOS Semiconductor Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 146.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:ELG, the sentiment is Positive. The current price of 146.8 is above the 20-day moving average (MA) of 125.71, above the 50-day MA of 112.30, and above the 200-day MA of 91.79, indicating a bullish trend. The MACD of 8.72 indicates Negative momentum. The RSI at 77.63 is Negative, neither overbought nor oversold. The STOCH value of 86.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:ELG.

ELMOS Semiconductor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELG	74 Outperform	€2.61B	24.97	22.08%	1.08%	-5.55%	21.30%
SMHN	70 Outperform	€1.04B	19.93	19.94%	0.78%	34.77%	52.20%
AIXA	69 Neutral	€3.31B	36.53	10.99%	0.88%	-3.93%	-20.93%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
IFX	59 Neutral	$57.80B	59.05	6.16%	0.95%	-1.96%	-21.55%
WAF	52 Neutral	€1.66B	-61.11	-1.40%	0.43%	-5.17%	-128.32%