The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

WAF.DE

Concerning the House

Siltronic AG, together with its subsidiaries, develops, produces, markets, and sells hyperpure silicon wafers for the semiconductor industry in Germany, Rest of Europe, the United States, Taiwan, Mainland China, South Korea, Rest of Asia, and internationally. The company offers polished and epitaxial wafers. It also provides Ultimate Silicon for use in CMOS technologies, such as DRAM and NAND components and memory chips; Float zone/FZ wafer based on float zone method; and HIREF wafers for discrete applications. Its products are used in electrical applications comprising computers, smartphones, industrial equipment, wind turbines, and cars with and without electric drives. The company was formerly known as Wacker Siltronic AG and changed its name to Siltronic AG in 2004. Siltronic AG was founded in 1953 and is headquartered in Munich, Germany.

Germany · www.siltronic.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$345.80M$329.10M$371.60M$306.50M
Gross profit$54.90M$60.20M-$200.00K-$26.20M
Operating income$14.90M$23.70M-$29.80M-$52.40M
Net income$2.40M$11.50M-$44.40M-$57.70M
Diluted EPS0.080.38-1.92
Free cash flow-$81.10M-$88.40M$53.10M-$89.20M
CapEx-$139.10M-$111.00M-$40.50M-$110.40M
Quotation

$83.20

+4.20 (+5.3%)

52w hi$104.70
52w lo$32.00
Vol102.47K
As ofAug 13
The Verdict

Hold

Our score -0.14

Short+0.03
Medium+0.03
Long-0.82

computed 2026-08-13

By the Numbers

Siltronic AG

Technology · Semiconductors

Market cap$2.90B
Enterprise value$3.66B
Trailing P/E
Forward P/E-22.95x
EV / EBITDA14.23x
P / S (ttm)2.23x
Profit margin-14.8%
Return on equity-10.4%
Revenue growth-2.3%
Earnings growth
Debt / equity66.43
Risk Metrics
Beta vs SPX0.80
Corr SPX0.23
Annual vol57.2%
Annual ret+13.3%
Sharpe0.23
Max DD-59.0%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.31
Sector+0.15
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$85.70$88.00$84.35102.47K
Aug 12$81.00$83.85$80.70$83.20128.93K
Aug 11$76.10$79.90$76.05$79.0076.63K
Aug 10$79.95$80.70$76.50$76.5581.09K
Aug 7$79.00$80.25$77.85$78.15110.21K