2024-05-07 05:49:29 ET
Summary
- BESIY's share price has fallen significantly in recent months, making it worthwhile taking another look at the company.
- Despite the short-term noise, BESIY's fundamentals are still of high- quality.
- BESIY a dominant player in a rapidly growing market, have excellent management and a very healthy balance sheet.
- Based on DCF analysis, the share price is starting to look attractive again.
- Failure to meet the sky-high expectations is the greatest risk when investing in BESIY and should certainly be taken into account in the decision-making process.
Investment thesis
BE Semiconductor Industries N.V. (BESIY) is a company that has a prominent place in my portfolio. November the 9th was the last time a wrote about the company and a lot has happened since then, BESIY has shot up to an all-time high of €182 per share.
BESIY share price development (Google finance)
However, from March 2024 the share price is in a downward trend again and is currently around €127. Suddenly there were news items, indicating that the adoption of hybrid bonding in the memory market was being delayed. In my opinion this is just short-term noise....
Read the full article on Seeking Alpha
For further details see:
BE Semiconductor: With A Little Delay, The Hybrid Bonding Train Is About To Leave