Infineon (IFX.DE): analysis in plain words
Is Infineon cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Infineon (IFX.DE) is listed on the Frankfurt Stock Exchange (Xetra) and we classify it in semiconductors. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Infineon according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Infineon (IFX.DE) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | €50.24 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 54.6x | Price over earnings per share |
| Revenue growth | +12.6% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 7.8% | Profit for every 100 of sales |
| Net debt / EBITDA | 1.3x | Years of operating profit to repay debt |
| Dividend yield | 0.67% | Annual dividend over price |
| Market cap | €65.3 billion | What the stock market values it at |
The Infineon figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any IFX.DE figure that is not available shows as N/A: we do not estimate it.
How Infineon makes money
Infineon makes power chips, sensors and microcontrollers. It reports four segments: Automotive, the largest, supplying chips for electric and combustion vehicles; Green Industrial Power, for renewables, trains and factories; Power & Sensor Systems, for power supplies, data centers and phones; and Connected Secure Systems, with security and connectivity chips.
Over the last 12 months, Infineon brought in revenue of €15.6 billion. For every 100 it sells, Infineon keeps 41.1 after the direct cost of what it sells (gross margin) and 14.2 after all operating costs (operating margin). With 56,992 full-time employees, that is about €274,000 of revenue per employee.
Infineon against its sector
To know whether a Infineon figure is high or low you have to put it next to similar companies. This table compares Infineon with the median of the 14 semiconductors companies Fintols covers, with data as of November 4, 2026.
| Figure | Infineon | semiconductors median |
|---|---|---|
| P/E | 54.6x | 37.9x (14) |
| Revenue growth | +12.6% | +39.6% (15) |
| Net margin | 7.8% | 32.3% (15) |
| Dividend yield | 0.67% | 0.57% (15) |
| Net debt / EBITDA | 1.3x | -0.2x (15) |
In short, against the typical semiconductors company, Infineon trades on a higher P/E, grows more slowly and earns a thinner margin.
The bull case for Infineon
What works in favour of Infineon, according to its figures as of November 4, 2026:
- Analysts expect Infineon earnings to rise: its P/E on the next 12 months of estimated earnings is 17.5x, below the current 54.6x.
- Infineon grew sales +12.6% in its latest quarter against the same quarter a year earlier, while the median semiconductors company Fintols tracks grew +39.6%.
The main risk for Infineon
Infineon stock sits 43% below its 52-week high (€88.83): the market has cut its expectations, and it is worth understanding why first.
On top of that: the price already assumes a lot: Infineon trades at 54.6x its last 12 months of earnings, against 37.9x for the semiconductors median. If growth disappoints, the multiple can shrink and the share price with it.
And, like the rest of semiconductors, Infineon is exposed to the chip cycle: years of heavy customer spending are usually followed by years of cuts.
Frequently asked questions about Infineon
Is it a good time to buy Infineon stock?
Fintols does not tell you whether to buy or sell Infineon, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Infineon stock trades at €50.24, 43% below its 52-week high (€88.83) and 61% above its low (€31.27). Its P/E is 54.6x against a semiconductors median of 37.9x, and 17.5x on the earnings analysts expect over the next 12 months. With Infineon, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Infineon pay a dividend?
Yes. As of November 4, 2026, Infineon pays €0.35 per share a year, which at today's price is a yield of 0.67%. It uses 38% of its profit to pay it, which leaves room to keep paying it if profit dips. Its average dividend yield over the last five years is 0.87%. The semiconductors median on Fintols is 0.57%.
Is Infineon stock expensive?
It depends on what you compare it with. On P/E, Infineon trades at 54.6x its last 12 months of earnings: more expensive than the semiconductors median (37.9x). Including its debt, Infineon is valued at 17.6x its EBITDA (EV/EBITDA). A high P/E alone does not make Infineon expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Infineon's competitors?
On Fintols we compare Infineon with AMD, Broadcom and Nvidia, which are also in semiconductors. As of November 4, 2026, AMD is worth $797.9 billion and trades on a P/E of 124.7; Broadcom is worth $1.55 trillion and trades on a P/E of 41.6; Nvidia is worth $4.83 trillion and trades on a P/E of 25.3. Each has a side-by-side comparison with Infineon below.
Infineon competitors
- AMD (AMD) analysis · Infineon vs AMD comparison
- Broadcom (AVGO) analysis · Infineon vs Broadcom comparison
- Nvidia (NVDA) analysis · Infineon vs Nvidia comparison
To understand Infineon better
- Using AI to Analyze Stocks: A Practical, Careful Guide
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like Infineon: semiconductors stocks and Euro Stoxx 50 companies. Open the full IFX.DE analysis with its valuation and scenarios. Educational content about Infineon, not investment advice.