Soitec SA SLOIY

Information TechnologySemiconductors & Semiconductor EquipmentFrance

Last close 66.31 USD on Nov 1, 2026, +382.3% year to date

Quant rating

Quant rating C Rank 96 of 200 in Information Technology

Growth B 72 of 200
Valuation C 94 of 200
Quality D 167 of 200
Revisions A 17 of 200
Momentum C 95 of 200

Wall Street consensus Buy (2.39)Average target 199.71 USD +201.2%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 4.8B
Enterprise value: 4.9B
52-week range: 13.13 – 114.37
3-year range: 13.13 – 114.37
Dividend yield: –
Beta (5 years): –
Shares outstanding: 35.8M
Next earnings: Nov 18, 2026

About the company

Soitec SA is a France-based company engaged in the semiconductors industry. The Company focuses on the microelectronics sector, mainly in on the production and marketing of silicon-on-insulator (SOI) wafers. Its products are patterned and cut into chips to make circuits for electronic components. The Company offers solutions for miniaturizing chips, improving product’s performance and reducing energy usage. Soitec SA speeds up the mobile and digital sectors. Its products are used to manufacture chips that go into smart phones, tables, computer, Internet technology (IT) and data centers as well as electronic components in cars, connected devices and industrial and medical equipment. It operates in the domestic market and internationally.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	684	964	1,055	1,180	955	–
Revenue growth	−29.0%	−8.7%	−10.6%	23.6%	39.4%	0.0%
EPS (basic, normalized)	−3.75	2.90	5.28	6.86	6.03	–
EPS growth	–	−45.1%	−23.0%	13.7%	–	–
Gross margin	16.3%	32.1%	34.0%	37.0%	36.6%	31.2%
Net margin	−37.5%	10.2%	18.2%	21.3%	23.4%	7.1%
ROE	−15.2%	5.9%	12.7%	19.7%	23.5%	9.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	684	−29.0%	7.1x	176	−46.4%	27.7x	−3.75	−229.5%	−17.7x
2027	824	+20.4%	5.9x	230	+30.8%	21.2x	0.49	+113.0%	135.6x
2028	1,069	+29.7%	4.6x	361	+57.2%	13.5x	3.81	+680.1%	17.4x
2029	1,416	+32.5%	3.4x	497	+37.8%	9.8x	6.80	+78.2%	9.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	824	+0.5%	+10.1%	+17.3%	0.49	0.0%	+386.1%	+43.6%
2028	1,069	+1.0%	+14.2%	+26.0%	3.81	+7.1%	+53.1%	+117.1%
2029	1,416	0.0%	+17.9%	+40.8%	6.80	0.0%	+26.6%	+129.9%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	337	121	217	226	327	92.0	139	390	432
Sales mean (mil)	240	336	120	203	238	332	90.5	128	155	192
Surprise	–	+0.3%	+0.8%	+6.8%	−5.0%	−1.4%	+1.7%	+8.8%	+151.6%	+125.2%
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	0.98	2.17	−0.13	0.38	0.87	1.91	−0.24	−0.01	−0.09	−0.05
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Semiconductors & Semiconductor Equipment

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
SLOIY Soitec SA	4.8B	–	−37.5%	3.23x	135.6x	17.4x	21.2x	13.5x
CAMT Camtek Ltd.	5.4B	−0.88x	10.2%	7.67x	32.2x	22.9x	30.2x	21.0x
SUOPY SUMCO CORPORATION	5.2B	2.77x	−2.9%	1.43x	−111.7x	52.6x	8.8x	7.2x
SYNA Synaptics Incorporated	4.7B	1.06x	−41.0%	4.95x	22.2x	18.1x	18.2x	14.9x
SFDMY Shanghai Fudan Microelectronics Group Co Ltd	4.5B	−0.24x	5.8%	5.21x	574.7x	613.8x	16.5x	15.9x
HPHTY HAMAMATSU PHOTONICS K.K.	4.4B	−0.20x	6.7%	1.96x	17.9x	15.7x	14.5x	12.4x
Mean		0.50x	−9.8%	4.08x	111.8x	123.4x	18.2x	14.2x
Median		−0.20x	1.5%	4.09x	27.2x	20.5x	17.4x	14.2x

Technical analysis

1M−18.4%
3M+18.6%
1Y+186.4%
3Y−14.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Soitec SA, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	684	964	1,055	1,180	955	685
Cost of revenue	573	655	697	744	605	469
Gross profit	111	309	358	436	349	215
Selling, general & administrative expenses	64.2	66.7	64.3	74.0	56.6	54.7
Research & development	32.9	64.2	38.9	43.9	41.9	37.1
Depreciation/amortization	23.3	31.5	30.5	28.6	23.6	17.8
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	140	–	3.1	–	0	−0.5
Other operating expenses	1.8	17.4	0	−0.5	0.7	0
Operating income	−151	129	222	290	226	106
Net interest income (expense)	−34.9	−8.1	−3.8	−9.3	0.2	−15.8
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−0.5	−1.6	−1.4	−1.1	−0.9	−1.6
Net income before taxes	−186	120	216	280	226	88.6
Provision for taxes	70.2	20.8	24.5	28.4	1.9	1.8
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−257	98.7	192	251	224	86.9
Extraordinary items	2.4	0.6	0.5	1.2	−0.3	−1.6
Net income	−254	99.3	192	253	223	85.2
EBIT, normalized	−9.4	145	225	290	226	106
EBITDA, normalized	160	318	377	419	326	186
Basic EPS, normalized	−3.75	2.90	5.28	6.86	6.03	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Soitec SA, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	649	744	765	856	806	756
Receivables	473	610	566	493	368	266
Total inventory	254	250	225	190	158	146
Prepaid expenses	37.2	25.3	30.7	15.6	9.9	7.3
Other current assets	1.8	6.2	1.8	1.8	5.1	8.6
Total current assets	1,416	1,636	1,589	1,556	1,346	1,184
Property, plant & equipment	1,032	1,085	985	765	622	444
Goodwill	20.2	18.9	26.9	27.0	29.5	24.4
Intangibles	35.8	38.8	44.9	38.1	34.2	42.1
Long-term investments	22.7	30.6	19.5	22.1	14.1	13.6
Note receivable	20.0	15.0	18.6	17.0	16.3	13.9
Other long-term assets	89.4	212	222	199	136	117
Total assets	2,636	3,037	2,906	2,623	2,198	1,838
Liabilities
Accounts payable	60.8	165	183	185	112	94.3
Payable/accrued	–	–	–	–	–	–
Accrued expenses	106	105	87.3	112	82.5	67.8
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	114	438	79.6	66.5	44.9	33.4
Other current liabilities	83.4	96.4	135	131	143	81.8
Total current liabilities	364	804	485	494	383	277
Long-term debt	593	406	722	626	571	709
Minority interest	–	–	–	–	–	–
Other liabilities	146	102	85.7	88.0	89.1	58.8
Total liabilities	1,103	1,312	1,293	1,208	1,043	1,045
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	82.6	77.3	77.1	77.2	77.8	78.3
Additional paid-in capital	264	247	247	248	254	97.6
Retained earnings (accumulated deficit)	1,187	1,401	1,289	1,090	823	618
Treasury stock	–	–	–	–	–	–
Other equity	0	0	0	0	0	0
Total equity	1,533	1,725	1,613	1,415	1,155	794
Total liabilities & shareholders' equity	2,636	3,037	2,906	2,623	2,198	1,838

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Soitec SA, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	−257	98.7	192	251	224	86.9
Depreciation, depletion & amortization	159	152	136	115	89.4	70.2
Deferred taxes	–	–	–	–	–	–
Non-cash items	271	71.6	31.1	57.9	28.1	52.4
Changes in working capital	59.5	−104	−180	−140	−60.0	−5.5
Cash from operations	234	218	178	284	281	204
Investing activities
Capital expenditures	−148	−216	−243	−247	−227	−157
Other investing cash flows	15.8	25.7	18.1	−0.9	−8.9	1.2
Cash from investing	−132	−190	−225	−247	−236	−156
Financing activities
Financing cash flow items	−394	−15.1	−19.6	−12.3	−3.8	−4.5
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	159	−39.0	−16.4	34.3	43.5	488
Cash from financing	−235	−54.1	−36.0	22.1	39.8	484
Foreign exchange effects	−11.7	4.0	−3.5	6.1	6.9	−0.4
Net change in cash	−145	−22.2	−86.0	65.1	92.3	532
Free cash flow	85.8	2.2	−64.6	37.8	54.5	47.3

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.