First Sensor (SIS) AI Stock Analysis

First Sensor

(XETRA:SIS)

Select Model

Rating:56Neutral

Price Target:EUR 56.00▲(4.67% Upside)

Action:reiterated

Date:09/23/26

The overall score of 56 reflects a company with a rock-solid balance sheet that is significantly offset by high earnings volatility and an expensive valuation. The primary strength is the company's fortress-like capital structure with almost no debt. However, this is overshadowed by major concerns: a P/E ratio near 40x coupled with declining revenues and negative gross margins points to poor earnings quality. Technical indicators are neutral, providing no catalyst for a re-rating. The stock is a high-risk, show-me story where financial stability is clear, but sustainable profitability is not.

Positive Factors

Resilient balance sheetMinimal leverage and a substantial equity base provide financial resilience through operating volatility. This structure reduces balance-sheet strain, preserves funding flexibility, and gives the company greater capacity to withstand weaker demand or support customer and product investments.

Negative Factors

Material revenue contractionA sustained top-line decline can weaken operating leverage, reduce scale benefits, and pressure the company’s ability to fund product development. Continued contraction would also make the profitability rebound less durable and could signal weaker demand across its served markets.

First Sensor (SIS) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 563.45M
Dividend Yield: 0.86%
Average Volume (3M): 330
Price to Earnings (P/E): 39.8
Beta (1Y): -0.03
Revenue Growth: -18.11%
EPS Growth: ―
Country: Germany
Employees: 538
Sector: General
Sector Strength: 55
Industry: Semiconductors

First Sensor Business Overview & Revenue Model

Company Description

First Sensor AG specializes in the design, production, and global distribution of diverse sensor technologies, including chips, components, standalone sensors, and integrated systems. The company's advanced solutions serve the industrial, medical, an...

How the Company Makes Money

First Sensor made money primarily by selling sensor components and sensor systems to business customers (B2B). Key revenue streams included: (1) Sales of sensor components such as pressure sensors and optical/photodiode-based sensors, typically suppl...

First Sensor Financial Statement Overview

Summary

Financial performance is a tale of two extremes. The balance sheet is a fortress with negligible debt (D/E 0.02) and strong equity, earning a high score. However, the income statement is highly volatile, with declining revenues and negative gross margins, while cash flow conversion is weak. The overall financial health is bifurcated, resulting in a moderate composite score.

Income Statement

45Neutral

Balance Sheet

82Very Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	113.82M	105.57M	121.43M	134.61M	115.37M	134.60M
Gross Profit	-3.53M	5.36M	-4.96M	69.53M	9.75M	69.57M
EBITDA	29.82M	3.12M	10.56M	12.38M	3.37M	2.39M
Net Income	22.50M	-8.15M	-17.74M	4.09M	-4.47M	19.00M
Balance Sheet
Total Assets	149.19M	140.84M	143.00M	168.99M	164.35M	189.36M
Cash, Cash Equivalents and Short-Term Investments	374.00K	203.00K	478.00K	1.53M	36.54M	67.40M
Total Debt	2.44M	6.48M	7.55M	12.06M	16.01M	44.38M
Total Liabilities	27.12M	26.05M	24.43M	42.16M	39.99M	67.41M
Stockholders Equity	122.07M	114.80M	118.57M	126.83M	124.36M	121.64M
Cash Flow
Free Cash Flow	4.87M	3.43M	-5.02M	3.73M	-11.07M	-11.25M
Operating Cash Flow	10.27M	10.33M	561.00K	14.09M	-2.75M	3.52M
Investing Cash Flow	29.22M	-8.64M	1.12M	-7.55M	26.31M	36.37M
Financing Cash Flow	-39.65M	-2.26M	-2.73M	-5.91M	-25.66M	-17.96M

First Sensor Technical Analysis

Technical Analysis SentimentPositive

Last Price53.50

Price Trends

50DMA53.96Positive

100DMA53.50Positive

200DMA53.70Positive

Market Momentum

MACD-0.32Positive

RSI58.39Neutral

STOCH65.99Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:SIS, the sentiment is Positive. The current price of 53.50 is below the 20-day moving average (MA) of 53.78, below the 50-day MA of 53.96, and below the 200-day MA of 53.70, indicating a bullish trend. The MACD of -0.32 indicates Positive momentum. The RSI at 58.39 is Neutral, neither overbought nor oversold. The STOCH value of 65.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:SIS.

First Sensor Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:SIS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:BSL	69Neutral	EUR 703.05M	24.68	20.29%	0.48%	31.07%	―
DE:ELG	67Neutral	EUR 2.01B	20.34	16.64%	1.24%	8.63%	-19.53%
DE:IFX	60Neutral	EUR 65.80B	54.96	7.12%	0.69%	6.50%	76.49%
DE:SIS	56Neutral	EUR 563.45M	39.78	18.80%	0.86%	-18.11%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
DE:V6C	48Neutral	EUR 55.92M	-6.46	-19.63%	―	-3.30%	-43.25%
DE:LPK	46Neutral	EUR 251.09M	-11.02	-33.16%	―	-26.24%	-2180.10%

* General Sector Average

Performance Comparison

DE:SIS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:SIS	First Sensor	54.50	-1.82	-3.23%
DE:IFX	Infineon Technologies	50.56	16.63	49.02%
DE:BSL	Basler AG	22.70	6.24	37.94%
DE:ELG	ELMOS Semiconductor	121.00	31.73	35.55%
DE:LPK	LPKF Laser & Electronics	10.25	4.11	66.94%
DE:V6C	Viscom AG	6.20	1.42	29.73%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 23, 2026

First Sensor AI Stock Analysis