BE Semiconductor Industries NV (MEX:BESIN) ROIC %: 31.40% (As of Mar. 2026)


MEX:BESIN BE Semiconductor Industries NV MEX:BESIN
77 GF Score
Price MXN2,427.60
GF Value MXN1,209.41
! 9 Warning Signs
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What is BE Semiconductor Industries NV ROIC %?

BE Semiconductor Industries NV MEX:BESIN 77 ROIC % is 31.40% as of Mar. 2026. GuruFocus rates MEX:BESIN with a GF Score™ of 77/100 and a GF Value™ of MXN1,209.41. The stock has 9 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. BE Semiconductor Industries NV's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 31.40%.

As of today (2026-06-25), BE Semiconductor Industries NV's WACC % is 17.68%. BE Semiconductor Industries NV's ROIC % is 24.19% (calculated using TTM income statement data). BE Semiconductor Industries NV generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


BE Semiconductor Industries NV  (MEX:BESIN) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, BE Semiconductor Industries NV's WACC % is 17.68%. BE Semiconductor Industries NV's ROIC % is 24.19% (calculated using TTM income statement data). BE Semiconductor Industries NV generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


BE Semiconductor Industries NV ROIC % Related Terms


BE Semiconductor Industries NV ROIC % Historical Data

* Premium members only.

The historical data trend for BE Semiconductor Industries NV's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BE Semiconductor Industries NV ROIC % Chart

BE Semiconductor Industries NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.00 43.21 29.21 28.47 20.04

BE Semiconductor Industries NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.34 20.51 18.14 28.31 31.40

MEX:BESIN vs LRCX, AMAT, KLAC: ROIC % Comparison

For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries NV's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BE Semiconductor Industries NV ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, BE Semiconductor Industries NV's ROIC % distribution charts can be found below:

* The bar in red indicates where BE Semiconductor Industries NV's ROIC % falls into.


MEX:BESIN
77GF Score
BE Semiconductor Industries NV MEX:BESIN
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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BE Semiconductor Industries NV ROIC % Calculation

BE Semiconductor Industries NV's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=3648.705 * ( 1 - 14.49% )/( (17362.993 + 13773.349)/ 2 )
=3120.0076455/15568.171
=20.04 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26959.017 - 2120.315 - ( 7475.709 - max(0, 3646.559 - 21803.335+7475.709))
=17362.993

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23482.195 - 1844.825 - ( 7864.021 - max(0, 3253.782 - 18068.615+7864.021))
=13773.349

BE Semiconductor Industries NV's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=5330.592 * ( 1 - 12.19% )/( (13773.349 + 16037.324)/ 2 )
=4680.7928352/14905.3365
=31.40 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23482.195 - 1844.825 - ( 7864.021 - max(0, 3253.782 - 18068.615+7864.021))
=13773.349

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24994.615 - 1422.374 - ( 7534.917 - max(0, 4149.96 - 19652.078+7534.917))
=16037.324

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 31.40% mean?
BE Semiconductor Industries NV (MEX:BESIN) has a ROIC % of 31.40% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on BE Semiconductor Industries NV and its competitors.
Is BE Semiconductor Industries NV's ROIC % too high?
BE Semiconductor Industries NV's current ROIC % is 31.40%. The Semiconductors industry median ROIC % is 3.74. BE Semiconductor Industries NV's value of 31.40% is 739.6% above this industry median. Overall, BE Semiconductor Industries NV has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does BE Semiconductor Industries NV's ROIC % compare to LRCX and AMAT?
BE Semiconductor Industries NV's ROIC % of 31.40% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. BE Semiconductor Industries NV's value of 31.40% is 739.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.74, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BE Semiconductor Industries NV's current ROIC % of 31.40% is 739.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on BE Semiconductor Industries NV and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BE Semiconductor Industries NV's current ROIC % is 31.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BE Semiconductor Industries NV stock overvalued right now?
BE Semiconductor Industries NV (MEX:BESIN) has a current ROIC % of 31.40%. The stock's GF Value™ is MXN1,209.41, compared to a current price of MXN2,427.60 — trading 100.7% above its estimated fair value. The current ROIC % is 31.40% and 739.6% above the Semiconductors industry median of 3.74. BE Semiconductor Industries NV's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For BE Semiconductor Industries NV (MEX:BESIN), the current ROIC % is 31.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BE Semiconductor Industries NV (MEX:BESIN) Overvalued in 2026?

Based on GuruFocus' analysis, BE Semiconductor Industries NV stock appears to be overvalued. The current stock price of MXN2,427.60 is trading 100.7% above its estimated GF Value™ of MXN1,209.41.

Key valuation signals for MEX:BESIN:

  • ROIC %: 31.40%
  • GF Value™: MXN1,209.41 vs. price of MXN2,427.60 (100.7% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 739.6% above the Semiconductors median

No single metric tells the full story. See the MEX:BESIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BE Semiconductor Industries NV Business Description

Address Ratio 6, Duiven, NLD, 6921 RW
BE Semiconductor Industries supplies advanced packaging equipment for the semiconductor industry. Besi has a highly focused product portfolio coupled with a flexible business model, which allows it to maintain high gross and operating margins. Besi's main clients include the world's largest logic and memory foundries (TSMC, Samsung, Intel, and Micron) as well as integrated device manufacturers and outsourced assembly and test companies.
77GF Score

Get the complete analysis for MEX:BESIN

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,427.60
Price
MXN1,209.41
GF Value