ALLEGRO MICROSYSTEMS INC (ALGM) Stock Fundamental Analysis
USA - NASDAQ:ALGM - US01749D1054 - Common Stock
26.98 USD
-0.23 (-0.85%)
26.98 USD
0 (0%)
Taking everything into account, ALGM scores 4 out of 10 in our fundamental rating. ALGM was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. The financial health of ALGM is average, but there are quite some concerns on its profitability. ALGM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ALGM was profitable.
ALGM had a positive operating cash flow in the past year.
Of the past 5 years ALGM 4 years were profitable.
Each year in the past 5 years ALGM had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -2.05%, ALGM is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
With a Return On Equity value of -3.00%, ALGM perfoms like the industry average, outperforming 40.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.05% | ||
| ROE | -3% | ||
| ROIC | N/A |
ROA(3y)6.9%
ROA(5y)7.3%
ROE(3y)8.35%
ROE(5y)8.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 44.61%, ALGM is in line with its industry, outperforming 50.00% of the companies in the same industry.
ALGM's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for ALGM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.61% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.77%
GM growth 5Y1.99%
2. Health
2.1 Basic Checks
ALGM does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ALGM has less shares outstanding
Compared to 5 years ago, ALGM has less shares outstanding
The debt/assets ratio for ALGM is higher compared to a year ago.
2.2 Solvency
ALGM has an Altman-Z score of 7.65. This indicates that ALGM is financially healthy and has little risk of bankruptcy at the moment.
ALGM's Altman-Z score of 7.65 is fine compared to the rest of the industry. ALGM outperforms 67.86% of its industry peers.
The Debt to FCF ratio of ALGM is 5.05, which is a neutral value as it means it would take ALGM, 5.05 years of fcf income to pay off all of its debts.
ALGM's Debt to FCF ratio of 5.05 is in line compared to the rest of the industry. ALGM outperforms 57.14% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that ALGM is not too dependend on debt financing.
The Debt to Equity ratio of ALGM (0.30) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.05 | ||
| Altman-Z | 7.65 |
ROIC/WACCN/A
WACC11.79%
2.3 Liquidity
A Current Ratio of 3.89 indicates that ALGM has no problem at all paying its short term obligations.
The Current ratio of ALGM (3.89) is better than 62.50% of its industry peers.
A Quick Ratio of 2.48 indicates that ALGM has no problem at all paying its short term obligations.
The Quick ratio of ALGM (2.48) is better than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.89 | ||
| Quick Ratio | 2.48 |
3. Growth
3.1 Past
The earnings per share for ALGM have decreased strongly by -48.53% in the last year.
The earnings per share for ALGM have been decreasing by -32.49% on average. This is quite bad
Looking at the last year, ALGM shows a decrease in Revenue. The Revenue has decreased by -7.23% in the last year.
Measured over the past years, ALGM shows a small growth in Revenue. The Revenue has been growing by 2.21% on average per year.
EPS 1Y (TTM)-48.53%
EPS 3Y-32.49%
EPS 5YN/A
EPS Q2Q%62.5%
Revenue 1Y (TTM)-7.23%
Revenue growth 3Y-1.93%
Revenue growth 5Y2.21%
Sales Q2Q%14.36%
3.2 Future
Based on estimates for the next years, ALGM will show a very strong growth in Earnings Per Share. The EPS will grow by 87.39% on average per year.
Based on estimates for the next years, ALGM will show a quite strong growth in Revenue. The Revenue will grow by 19.38% on average per year.
EPS Next Y121.25%
EPS Next 2Y102.66%
EPS Next 3Y87.39%
EPS Next 5YN/A
Revenue Next Year21.69%
Revenue Next 2Y18.29%
Revenue Next 3Y19.38%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 77.09, which means the current valuation is very expensive for ALGM.
ALGM's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.83, ALGM is valued quite expensively.
A Price/Forward Earnings ratio of 27.37 indicates a quite expensive valuation of ALGM.
65.18% of the companies in the same industry are more expensive than ALGM, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 32.68. ALGM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.09 | ||
| Fwd PE | 27.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALGM is on the same level as its industry peers.
ALGM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 87.71 | ||
| EV/EBITDA | 93.18 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ALGM's earnings are expected to grow with 87.39% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y102.66%
EPS Next 3Y87.39%
5. Dividend
5.1 Amount
No dividends for ALGM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.98
-0.23 (-0.85%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners80.12%
Inst Owner Change-0.81%
Ins Owners0.62%
Ins Owner Change0.47%
Market Cap4.99B
Revenue(TTM)788.39M
Net Income(TTM)-28.37M
Analysts83.33
Price Target37.49 (38.95%)
Short Float %6.95%
Short Ratio4.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.14%
Min EPS beat(2)3.13%
Max EPS beat(2)5.14%
EPS beat(4)4
Avg EPS beat(4)7.84%
Min EPS beat(4)3.13%
Max EPS beat(4)17.65%
EPS beat(8)8
Avg EPS beat(8)15.73%
EPS beat(12)12
Avg EPS beat(12)11.98%
EPS beat(16)16
Avg EPS beat(16)10.58%
Revenue beat(2)1
Avg Revenue beat(2)0.29%
Min Revenue beat(2)-0.26%
Max Revenue beat(2)0.84%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)2.03%
Revenue beat(8)3
Avg Revenue beat(8)-0.39%
Revenue beat(12)3
Avg Revenue beat(12)-0.55%
Revenue beat(16)6
Avg Revenue beat(16)-0.1%
PT rev (1m)-2.86%
PT rev (3m)11.42%
EPS NQ rev (1m)-1.81%
EPS NQ rev (3m)-5.84%
EPS NY rev (1m)-0.95%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)-0.76%
Revenue NY rev (1m)0.28%
Revenue NY rev (3m)0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.09 | ||
| Fwd PE | 27.37 | ||
| P/S | 6.33 | ||
| P/FCF | 87.71 | ||
| P/OCF | 53.03 | ||
| P/B | 5.29 | ||
| P/tB | 10.19 | ||
| EV/EBITDA | 93.18 |
EPS(TTM)0.35
EY1.3%
EPS(NY)0.99
Fwd EY3.65%
FCF(TTM)0.31
FCFY1.14%
OCF(TTM)0.51
OCFY1.89%
SpS4.26
BVpS5.1
TBVpS2.65
PEG (NY)0.64
PEG (5Y)N/A
Graham Number6.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.05% | ||
| ROE | -3% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.61% | ||
| FCFM | 7.22% |
ROA(3y)6.9%
ROA(5y)7.3%
ROE(3y)8.35%
ROE(5y)8.88%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.77%
GM growth 5Y1.99%
F-Score3
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.05 | ||
| Debt/EBITDA | 5.12 | ||
| Cap/Depr | 57.39% | ||
| Cap/Sales | 4.72% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 168.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.89 | ||
| Quick Ratio | 2.48 | ||
| Altman-Z | 7.65 |
F-Score3
WACC11.79%
ROIC/WACCN/A
Cap/Depr(3y)131.89%
Cap/Depr(5y)124.81%
Cap/Sales(3y)8.59%
Cap/Sales(5y)8.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.53%
EPS 3Y-32.49%
EPS 5YN/A
EPS Q2Q%62.5%
EPS Next Y121.25%
EPS Next 2Y102.66%
EPS Next 3Y87.39%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.23%
Revenue growth 3Y-1.93%
Revenue growth 5Y2.21%
Sales Q2Q%14.36%
Revenue Next Year21.69%
Revenue Next 2Y18.29%
Revenue Next 3Y19.38%
Revenue Next 5YN/A
EBIT growth 1Y-113.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year205.77%
EBIT Next 3Y83.95%
EBIT Next 5YN/A
FCF growth 1Y-26.17%
FCF growth 3Y-37.77%
FCF growth 5Y-10.31%
OCF growth 1Y-52.4%
OCF growth 3Y-26.53%
OCF growth 5Y-5.33%
ALLEGRO MICROSYSTEMS INC / ALGM FAQ
What is the ChartMill fundamental rating of ALLEGRO MICROSYSTEMS INC (ALGM) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ALGM.
Can you provide the valuation status for ALLEGRO MICROSYSTEMS INC?
ChartMill assigns a valuation rating of 4 / 10 to ALLEGRO MICROSYSTEMS INC (ALGM). This can be considered as Fairly Valued.
How profitable is ALLEGRO MICROSYSTEMS INC (ALGM) stock?
ALLEGRO MICROSYSTEMS INC (ALGM) has a profitability rating of 3 / 10.
What are the PE and PB ratios of ALLEGRO MICROSYSTEMS INC (ALGM) stock?
The Price/Earnings (PE) ratio for ALLEGRO MICROSYSTEMS INC (ALGM) is 77.09 and the Price/Book (PB) ratio is 5.29.
What is the expected EPS growth for ALLEGRO MICROSYSTEMS INC (ALGM) stock?
The Earnings per Share (EPS) of ALLEGRO MICROSYSTEMS INC (ALGM) is expected to grow by 121.25% in the next year.