Employees: 460
Size IQE (IQE.L) is a United Kingdom Industrials company (Industrial Machinery) with a market value of $514M, the 294th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £28.70 on 6 Nov 2026.
Performance Over six months the shares fell 39.1%, against -25.4% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 19.9% over the last twelve months (peer median +2.7%); the operating margin is -11.4% (peer median 6.2%).
Valuation It trades at 3.4× enterprise value to sales against a peer median of 2.2× (8th most expensive of 21).
Capital Return on invested capital runs 25.8 points below its cost of capital (19.6% WACC).
Next results Next results expected around 19 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £117M | £97.3M | £118M | £115M | £167M |
| Revenue growth | — | -18% | +2% | -31% | — |
| Gross profit | £3.44M | -£3.24M | -£1.94M | -£5.36M | £18.6M |
| EBITDA | £8.12M | £3.07M | £11.4M | £340,000 | £23.3M |
| Net income | -£23.6M | -£36.7M | -£38.2M | -£29.4M | -£74.5M |
| Free cash flow | -£9.20M | -£2.08M | -£14.2M | -£6.24M | -£3.49M |
| Capital expenditure | £7.60M | £8.35M | £14.8M | £18.1M | £17.9M |
| Total debt | n/a | £91.7M | £74.0M | £54.1M | £77.7M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IQE.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -43.3% | -10.2% | 4th lowest of 21 |
| 6-month return | -39.1% | -25.4% | 7th lowest of 21 |
| Distance from 52-week high | -60.6% | -47.3% | 5th lowest of 21 |
| Revenue growth (TTM) | +19.9% | +2.7% | 6th highest of 21 |
| Operating margin | -11.4% | 6.2% | 3rd lowest of 21 |
| EV / Sales | 3.4× | 2.2× | 8th most expensive of 21 |
| ROIC minus cost of capital | -25.8 pp | -3.3 pp | 2nd lowest of 21 |
| EV / EBITDA | 48.6× | 17.6× | 2nd most expensive of 8 |
| Net debt / EBITDA | 1.5× | 1.1× | 5th least indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IQE IQE.L | United Kingdom | $514M | -39% | +20% | -11% | 3.4× | n/a | n/a |
| Nederman NMAN.ST | Sweden | $512M | +22% | -6% | 8% | 1.3× | 4.4% | +9.5% |
| Wuxi Chemical Equipment 001332.SZ | China | $517M | -50% | -10% | 11% | 1.9× | 10.2% | +7.3% |
| Hyster-Yale HY | United States | $509M | -24% | -11% | -1% | 0.3× | 32.0% | +6.0% |
| Zhejiang Galaxis Technology 2729.HK | Hong Kong | $518M | -74% | +26% | -4% | 3.6× | n/a | n/a |
| Beijing SinoHytec 2402.HK | Hong Kong | $519M | -56% | +82% | -204% | 10.7× | n/a | n/a |
| Suzhou Thvow Technology 002564.SZ | China | $521M | -33% | -9% | 4% | 3.0× | 27.5% | -19.9% |
| Daiwa 6459.T | Japan | $507M | -19% | 0% | 15% | 0.4× | n/a | n/a |
| Sinko Industries 6458.T | Japan | $507M | -8% | +2% | 15% | 1.3× | -1.4% | +8.7% |
| Shandong Shuangyi Technology 300690.SZ | China | $521M | -26% | +15% | 15% | 2.5× | 10.9% | -6.3% |
| Guangdong Jinma Entertainment 300756.SZ | China | $521M | -59% | -8% | 0% | 5.0× | n/a | n/a |
| Shenzhen Jasic Technology 300193.SZ | China | $506M | -17% | +21% | 14% | 1.4× | -0.1% | +4.5% |
| Hefei Taihe Intelligent Technology 603656.SS | China | $505M | -6% | +15% | 5% | 4.5× | 30.5% | +5.5% |
| HNAC Technology 300490.SZ | China | $525M | -57% | +79% | 0% | 1.2× | n/a | n/a |
| Fujian Raynen Technology 603933.SS | China | $526M | -31% | +29% | 3% | 1.6× | n/a | n/a |
| Cashway Fintech 603106.SS | China | $526M | -24% | -36% | 8% | 10.1× | n/a | n/a |
| Nomura Micro Science 6254.T | Japan | $527M | -43% | -48% | 11% | 2.5× | 22.4% | +13.1% |
| Zhejiang Fengmao Technology 301459.SZ | China | $500M | -13% | +4% | 8% | 3.9× | n/a | n/a |
| Genbyte Technology 003028.SZ | China | $499M | -16% | +10% | 1% | 1.9× | -15.9% | +6.6% |
| Nanjing Canatal Data-Centre Environmental Tech 603912.SS | China | $529M | -38% | -18% | -19% | 4.7× | n/a | n/a |
| BGRIMM Technology 600980.SS | China | $499M | -25% | +13% | 11% | 2.0× | 12.9% | +19.1% |