Loading news...
First Trust Multi Cap Value AlphaDEX Fund (NASDAQ: FAB - Get Free Report) was up 1.1% on Wednesday. The company traded as high as $89.44 and last traded at $89.36. Approximately 1,045 shares were traded during trading, a decline of 62% from the average daily volume of 2,768 shares. The stock had previously closed at
TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q3 2025: Revenue was USD 228.6 million, up 11% year-on-year (YoY) and up 6% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 228.9 million, well above the guided range of USD 215-225 million EBITDA at USD 53.9 million, up 7% YoY and up 4% QoQ EBITDA margin of 23.6%; excluding IFRS 15 impact, EBITDA margin was 24.2%, compared to the guidance of 22.
X-FAB Silicon Foundries' core segments are doing the heavy lifting: industrial revenue surged 37% YoY, medical was up 14%, and core market sales made up 94% of total revenue. Revenue beat and upgraded full-year guide: Q2 revenue of $218.3M (adjusted) came in above guidance. XFABF's valuation remains compelling: with an EV/sales of ~1.5×, X-FAB trades at a discount to peers, even with margins under pressure and CapEx still tapering off.
X-FAB's fundamentals remain strong, with Q1 results showing sequential growth in core automotive and industrial segments, and margins holding steady, despite SiC weakness. The company is transitioning from recovery to strategic expansion, investing heavily in capacity, while maintaining healthy EBITDA, positioning for future demand in EVs and industrials. SiC bookings are stabilizing, and a rebound in this segment could drive significant margin expansion if customer inventories clear as expected by late 2025.
TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q1 2025: Revenue was USD 204.1 million, down 6% year-on-year (YoY) and up 8% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 202.3 million, well within the guided range of USD 195-205 million Bookings at USD 174.7 million reflecting a strong sequential increase of 26% QoQ EBITDA at USD 49.1 million, down 4% YoY and up 23% QoQ EBITDA margin of 24.
X-FAB Silicon Foundries SE is undervalued due to short-term disruptions, but strong fundamentals and strategic expansions position it for recovery and growth in 2025. The decline in SiC revenue is temporary, with a recovery expected in 2025, driven by demand in EVs, renewable energy, and power management. X-FAB's automotive sector, crucial for revenue, is poised for growth with advanced semiconductor components for EVs, ADAS, and power electronics.
Analog semiconductor manufacturer X-FAB flagged on Thursday persistent high inventories at its automotive customers, but sees recovery in industrial and medical demand in 2025.
TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q4 2024: Revenue was USD 188.8 million, down 21% year-on-year (YoY) and down 9% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 196.8 million, within the guided range of USD 195-205 million EBITDA at USD 39.8 million, down 33% YoY and down 21% QoQ EBITDA margin of 21.1%; excluding IFRS 15 impact, EBITDA margin was 22.8%, compared to the guidance.
X-Fab's aggressive $1 billion investment plan aims to expand manufacturing capacities, enhancing revenue to $1.05 billion by 2026 and $1.5 billion by 2030. Despite negative free cash flow, the company's strategic investments in Silicon Carbide and green energy are expected to significantly boost future earnings and margins. The stock trades at a low P/E ratio of 6 and a 0.7 Price-to-book ratio, offering a strong valuation and safety cushion.
FAB is a multi-cap value ETF with exposure to almost 700 U.S. stocks, offering a single-product solution for value investors. Fees are 0.64% and FAB manages $140 million in assets. Despite reasonably attractive fundamentals, FAB has delivered underwhelming returns in the last decade compared to a hypothetical benchmark I created based on ETFs from the S&P 1500 Composite. In addition, FAB's value features are weaker than SYLD's and PEY's, two alternative multi-cap funds appropriate for more aggressive and defensive investors, respectively.
The 'Undercovered' Dozen highlights twelve ideas from the previous week on stocks with limited coverage. If you're looking for yield, two preferred stock ideas are featured, as well as other high yielding dividend-focused options. A spin-off situation, a zinc-based energy storage solutions provider, and Europe's leading semiconductor foundry are also in focus this week.
X-FAB and Soitec team up to offer SmartSiC™ at Lubbock plant, USA Partnership to bring power devices based on Soitec's cutting-edge SmartSiC™ silicon carbide wafers to X-FAB's extensive fabless client network Tessenderlo (Belgium) and Bernin (France), May 22, 2024 — X-FAB (Euronext Paris), a global pure-play foundry leader serving a large variety of fabless customers, and Soitec (Euronext Paris), a leader in designing and manufacturing innovative semiconductor materials, will begin work to offer Soitec's SmartSiC™ wafers for the production of silicon carbide power devices at X-FAB's plant in Lubbock, Texas. This collaboration follows the successful completion of the assessment phase, during which silicon carbide (SiC) power devices were manufactured at X-FAB Texas on 150mm SmartSiC™ wafers.
The S&P 500 ETF (SPY) gapped up 1% at the open this morning, so we wanted to provide a quick summary of how the ETF has typically traded on days when it gaps up 1%+.
Smart Beta ETF report for FAB
Smart Beta ETF report for FAB
Smart Beta ETF report for FAB
Best And Worst Q1 2021: Mid Cap Value ETFs And Mutual Funds
Regulatory News: X-FAB Silicon Foundries SE (BOURSE:XFAB) 1. Summary of the notification X-FAB Silicon Foundries SE, listed on Euronext Paris, has rec
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ