Should you buy X-Fab stock? (December 2024)

Published first at https://www.3minutebreakdowns.com Xfab stock analysis. Ticker symbol: $XFAB X-Fab Silicon Foundries is a small Belgian company that makes microchips for the automotive, industrial and medical industries. At the current price, the company has a market value of 646 million euros a...

Published first at https://www.3minutebreakdowns.com Xfab stock analysis. Ticker symbol: $XFAB X-Fab Silicon Foundries is a small Belgian company that makes microchips for the automotive, industrial and medical industries. At the current price, the company has a market value of 646 million euros and an enterprise value of 662 million. Revenue over the last 12 months comes to 777 million, with 97 million of net income and 185 million of EBITDA. Free cash flow, however, is negative due to a large increase in CAPEX. So X-Fab stock is currently valued at under 7 times earnings and 3.6 times EBITDA. X-Fab stock has fallen 50% this year as a slowdown in electric vehicle sales and medical devices have affected demand for its chips. Geopolitical events like the pandemic also caused companies to stockpile chips which still hasn’t normalised. As a result, X-FAB’s total revenue is up less than 2% on a trailing twelve month basis. Silicon carbide sales were down 60% in the third quarter and the industrial segment fell 41%. #stockstobuynow #stockmarket #investing #stockstobuy