DIODES INC (DIOD)
US2545431015 - Common Stock
Taking everything into account, DIOD scores 4 out of 10 in our fundamental rating. DIOD was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. DIOD has only an average score on both its financial health and profitability. DIOD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year DIOD was profitable.
DIOD had a positive operating cash flow in the past year.
In the past 5 years DIOD has always been profitable.
In the past 5 years DIOD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of DIOD (2.56%) is comparable to the rest of the industry.
DIOD has a Return On Equity of 3.37%. This is comparable to the rest of the industry: DIOD outperforms 52.34% of its industry peers.
DIOD has a Return On Invested Capital (2.39%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for DIOD is above the industry average of 11.13%.
The 3 year average ROIC (13.97%) for DIOD is well above the current ROIC(2.39%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 3.37% | ||
| ROIC | 2.39% |
ROA(3y)11.5%
ROA(5y)9.76%
ROE(3y)17.81%
ROE(5y)15.49%
ROIC(3y)13.97%
ROIC(5y)11.96%
1.3 Margins
DIOD's Profit Margin of 4.72% is in line compared to the rest of the industry. DIOD outperforms 53.27% of its industry peers.
DIOD's Profit Margin has improved in the last couple of years.
DIOD's Operating Margin of 4.54% is in line compared to the rest of the industry. DIOD outperforms 54.21% of its industry peers.
In the last couple of years the Operating Margin of DIOD has grown nicely.
DIOD's Gross Margin of 33.79% is on the low side compared to the rest of the industry. DIOD is outperformed by 67.29% of its industry peers.
DIOD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.54% | ||
| PM (TTM) | 4.72% | ||
| GM | 33.79% |
OM growth 3Y11.24%
OM growth 5Y3.33%
PM growth 3Y19.65%
PM growth 5Y9.8%
GM growth 3Y4.14%
GM growth 5Y2.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DIOD is destroying value.
DIOD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for DIOD has been reduced compared to 5 years ago.
DIOD has a better debt/assets ratio than last year.
2.2 Solvency
DIOD has an Altman-Z score of 5.14. This indicates that DIOD is financially healthy and has little risk of bankruptcy at the moment.
DIOD has a Altman-Z score (5.14) which is in line with its industry peers.
A Debt/Equity ratio of 0.03 indicates that DIOD is not too dependend on debt financing.
DIOD has a Debt to Equity ratio (0.03) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.14 |
ROIC/WACC0.17
WACC14.21%
2.3 Liquidity
DIOD has a Current Ratio of 3.58. This indicates that DIOD is financially healthy and has no problem in meeting its short term obligations.
DIOD has a Current ratio of 3.58. This is comparable to the rest of the industry: DIOD outperforms 59.81% of its industry peers.
DIOD has a Quick Ratio of 2.21. This indicates that DIOD is financially healthy and has no problem in meeting its short term obligations.
DIOD has a Quick ratio (2.21) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.21 |
3. Growth
3.1 Past
The earnings per share for DIOD have decreased strongly by -74.34% in the last year.
Measured over the past years, DIOD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.06% on average per year.
The Revenue for DIOD has decreased by -29.46% in the past year. This is quite bad
The Revenue has been growing slightly by 6.48% on average over the past years.
EPS 1Y (TTM)-74.34%
EPS 3Y26.88%
EPS 5Y15.06%
EPS Q2Q%-61.95%
Revenue 1Y (TTM)-29.46%
Revenue growth 3Y10.57%
Revenue growth 5Y6.48%
Sales Q2Q%-13.49%
3.2 Future
Based on estimates for the next years, DIOD will show a decrease in Earnings Per Share. The EPS will decrease by -7.19% on average per year.
The Revenue is expected to decrease by -0.02% on average over the next years.
EPS Next Y-71.06%
EPS Next 2Y-33.97%
EPS Next 3Y-7.19%
EPS Next 5YN/A
Revenue Next Year-21.27%
Revenue Next 2Y-6.55%
Revenue Next 3Y-0.02%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 41.01, the valuation of DIOD can be described as expensive.
DIOD's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.41. DIOD is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 30.25, DIOD can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as DIOD.
The average S&P500 Price/Forward Earnings ratio is at 23.69. DIOD is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.01 | ||
| Fwd PE | 30.25 |
4.2 Price Multiples
80.37% of the companies in the same industry are more expensive than DIOD, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.5 |
4.3 Compensation for Growth
DIOD has a very decent profitability rating, which may justify a higher PE ratio.
DIOD's earnings are expected to decrease with -7.19% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.72
EPS Next 2Y-33.97%
EPS Next 3Y-7.19%
5. Dividend
5.1 Amount
No dividends for DIOD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DIODES INC
NASDAQ:DIOD (1/3/2025, 8:00:01 PM)
After market: 63.57 0 (0%)63.57
+2.26 (+3.69%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners102.2%
Inst Owner Change0.08%
Ins Owners0.8%
Ins Owner Change-0.14%
Market Cap2.95B
Analysts48
Price Target71.4 (12.32%)
Short Float %5.87%
Short Ratio7.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.17%
Min EPS beat(2)-0.22%
Max EPS beat(2)8.57%
EPS beat(4)2
Avg EPS beat(4)-0.35%
Min EPS beat(4)-11.21%
Max EPS beat(4)8.57%
EPS beat(8)4
Avg EPS beat(8)0.09%
EPS beat(12)8
Avg EPS beat(12)2.64%
EPS beat(16)12
Avg EPS beat(16)3.79%
Revenue beat(2)0
Avg Revenue beat(2)-0.86%
Min Revenue beat(2)-0.9%
Max Revenue beat(2)-0.83%
Revenue beat(4)0
Avg Revenue beat(4)-1.85%
Min Revenue beat(4)-3.1%
Max Revenue beat(4)-0.83%
Revenue beat(8)0
Avg Revenue beat(8)-2.42%
Revenue beat(12)0
Avg Revenue beat(12)-2.2%
Revenue beat(16)2
Avg Revenue beat(16)-1.67%
PT rev (1m)0.48%
PT rev (3m)-6.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-59.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.01 | ||
| Fwd PE | 30.25 | ||
| P/S | 2.28 | ||
| P/FCF | N/A | ||
| P/OCF | 38.74 | ||
| P/B | 1.63 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | 13.5 |
EPS(TTM)1.55
EY2.44%
EPS(NY)2.1
Fwd EY3.31%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)1.64
OCFY2.58%
SpS27.94
BVpS39.1
TBVpS34.74
PEG (NY)N/A
PEG (5Y)2.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 3.37% | ||
| ROCE | 2.88% | ||
| ROIC | 2.39% | ||
| ROICexc | 2.83% | ||
| ROICexgc | 3.19% | ||
| OM | 4.54% | ||
| PM (TTM) | 4.72% | ||
| GM | 33.79% | ||
| FCFM | N/A |
ROA(3y)11.5%
ROA(5y)9.76%
ROE(3y)17.81%
ROE(5y)15.49%
ROIC(3y)13.97%
ROIC(5y)11.96%
ROICexc(3y)17.18%
ROICexc(5y)14.7%
ROICexgc(3y)20.24%
ROICexgc(5y)17.79%
ROCE(3y)16.84%
ROCE(5y)14.54%
ROICexcg growth 3Y10.33%
ROICexcg growth 5Y-3.59%
ROICexc growth 3Y13.75%
ROICexc growth 5Y-0.26%
OM growth 3Y11.24%
OM growth 5Y3.33%
PM growth 3Y19.65%
PM growth 5Y9.8%
GM growth 3Y4.14%
GM growth 5Y2.01%
F-Score5
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 58.88% | ||
| Cap/Sales | 6.23% | ||
| Interest Coverage | 29 | ||
| Cash Conversion | 38.87% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.21 | ||
| Altman-Z | 5.14 |
F-Score5
WACC14.21%
ROIC/WACC0.17
Cap/Depr(3y)130.31%
Cap/Depr(5y)110.21%
Cap/Sales(3y)9.16%
Cap/Sales(5y)8.31%
Profit Quality(3y)66.03%
Profit Quality(5y)79.46%
High Growth Momentum
Growth
EPS 1Y (TTM)-74.34%
EPS 3Y26.88%
EPS 5Y15.06%
EPS Q2Q%-61.95%
EPS Next Y-71.06%
EPS Next 2Y-33.97%
EPS Next 3Y-7.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-29.46%
Revenue growth 3Y10.57%
Revenue growth 5Y6.48%
Sales Q2Q%-13.49%
Revenue Next Year-21.27%
Revenue Next 2Y-6.55%
Revenue Next 3Y-0.02%
Revenue Next 5YN/A
EBIT growth 1Y-82%
EBIT growth 3Y23%
EBIT growth 5Y10.03%
EBIT Next Year-28.73%
EBIT Next 3Y7.64%
EBIT Next 5YN/A
FCF growth 1Y-102.78%
FCF growth 3Y5.32%
FCF growth 5Y5.82%
OCF growth 1Y-79.29%
OCF growth 3Y14.49%
OCF growth 5Y8.64%