Added to YB: 2026-02-09
Pitch date: 2026-02-05
MELE.BR [neutral]
Melexis NV
+9.28%
current return
Author Info
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Company Info
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle East, Africa, the Asia Pacific, and North and Latin America.
Market Cap
EUR 2.3B
Pitch Price
EUR 52.80
Price Target
N/A
Dividend
6.41%
EV/EBITDA
13.87
P/E
20.77
EV/Sales
3.09
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Melexis (MELE Belgium): recovery keeps slipping
MELE.BR (earnings): Q4 revs €214.5m (+9% YOY) but EBIT margin fell to 14.7% vs expectations. FY sales €840m (-10%), 16.0% EBIT margin. Auto recovery slower than peers - Q1/H1 2026 flat YOY, gross margin recovering toward 40%. Dividend maintained €3.70/share. Recovery timing uncertain but positioning intact.
Read full article (2 min)