NAVITAS SEMICONDUCTOR CORP (NVTS)
US63942X1063 - Common Stock
NVTS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. While NVTS has a great health rating, there are worries on its profitability. NVTS shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
NVTS had negative earnings in the past year.
NVTS had a negative operating cash flow in the past year.
In the past 5 years NVTS reported 4 times negative net income.
In the past 5 years NVTS always reported negative operating cash flow.
1.2 Ratios
NVTS's Return On Assets of -11.63% is on the low side compared to the rest of the industry. NVTS is outperformed by 74.07% of its industry peers.
NVTS has a Return On Equity of -13.16%. This is in the lower half of the industry: NVTS underperforms 69.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.63% | ||
| ROE | -13.16% | ||
| ROIC | N/A |
ROA(3y)-21.41%
ROA(5y)-59.25%
ROE(3y)-83.98%
ROE(5y)-189.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of NVTS (38.82%) is worse than 60.19% of its industry peers.
In the last couple of years the Gross Margin of NVTS has grown nicely.
The Profit Margin and Operating Margin are not available for NVTS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 38.82% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.59%
GM growth 5YN/A
2. Health
2.1 Basic Checks
NVTS does not have a ROIC to compare to the WACC, probably because it is not profitable.
NVTS has more shares outstanding than it did 1 year ago.
NVTS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.23 indicates that NVTS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.23, NVTS is in line with its industry, outperforming 57.41% of the companies in the same industry.
NVTS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.23 |
ROIC/WACCN/A
WACC13.46%
2.3 Liquidity
A Current Ratio of 5.68 indicates that NVTS has no problem at all paying its short term obligations.
NVTS has a better Current ratio (5.68) than 79.63% of its industry peers.
NVTS has a Quick Ratio of 4.82. This indicates that NVTS is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.82, NVTS belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.68 | ||
| Quick Ratio | 4.82 |
3. Growth
3.1 Past
NVTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.00%, which is quite good.
The Revenue has grown by 69.75% in the past year. This is a very strong growth!
Measured over the past years, NVTS shows a very strong growth in Revenue. The Revenue has been growing by 88.57% on average per year.
EPS 1Y (TTM)16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-40%
Revenue 1Y (TTM)69.75%
Revenue growth 3Y88.57%
Revenue growth 5YN/A
Sales Q2Q%13.32%
3.2 Future
NVTS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.93% yearly.
NVTS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 41.00% yearly.
EPS Next Y-24.22%
EPS Next 2Y3.31%
EPS Next 3Y16.08%
EPS Next 5Y32.93%
Revenue Next Year13.77%
Revenue Next 2Y25.04%
Revenue Next 3Y30.68%
Revenue Next 5Y41%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
NVTS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NVTS. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NVTS's earnings are expected to grow with 16.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.31%
EPS Next 3Y16.08%
5. Dividend
5.1 Amount
NVTS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NAVITAS SEMICONDUCTOR CORP
NASDAQ:NVTS (11/4/2024, 8:27:11 PM)
After market: 2.1618 -0.45 (-17.17%)2.61
+0.03 (+1.16%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap478.83M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.63% | ||
| ROE | -13.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 38.82% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.68 | ||
| Quick Ratio | 4.82 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)16%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-24.22%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)69.75%
Revenue growth 3Y88.57%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y