QUICKLOGIC CORP (QUIK)
US74837P4054 - Common Stock
Taking everything into account, QUIK scores 4 out of 10 in our fundamental rating. QUIK was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. There are concerns on the financial health of QUIK while its profitability can be described as average. QUIK is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
QUIK had positive earnings in the past year.
QUIK had a positive operating cash flow in the past year.
QUIK had negative earnings in each of the past 5 years.
In the past 5 years QUIK reported 4 times negative operating cash flow.
1.2 Ratios
QUIK has a Return On Assets (3.78%) which is in line with its industry peers.
QUIK has a better Return On Equity (8.22%) than 62.04% of its industry peers.
QUIK has a Return On Invested Capital of 3.71%. This is comparable to the rest of the industry: QUIK outperforms 57.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 8.22% | ||
| ROIC | 3.71% |
ROA(3y)-12.16%
ROA(5y)-23.32%
ROE(3y)-36.47%
ROE(5y)-62.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of QUIK (7.38%) is comparable to the rest of the industry.
With a decent Operating Margin value of 8.45%, QUIK is doing good in the industry, outperforming 62.04% of the companies in the same industry.
QUIK's Gross Margin of 69.95% is amongst the best of the industry. QUIK outperforms 92.59% of its industry peers.
In the last couple of years the Gross Margin of QUIK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.45% | ||
| PM (TTM) | 7.38% | ||
| GM | 69.95% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.54%
GM growth 5Y6.4%
2. Health
2.1 Basic Checks
QUIK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, QUIK has more shares outstanding
QUIK has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, QUIK has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -5.87, we must say that QUIK is in the distress zone and has some risk of bankruptcy.
QUIK's Altman-Z score of -5.87 is on the low side compared to the rest of the industry. QUIK is outperformed by 79.63% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that QUIK is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.97, QUIK is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -5.87 |
ROIC/WACC0.27
WACC13.63%
2.3 Liquidity
A Current Ratio of 1.21 indicates that QUIK should not have too much problems paying its short term obligations.
With a Current ratio value of 1.21, QUIK is not doing good in the industry: 84.26% of the companies in the same industry are doing better.
A Quick Ratio of 1.14 indicates that QUIK should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.14, QUIK is doing worse than 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
QUIK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 357.14%, which is quite impressive.
The Revenue has grown by 31.01% in the past year. This is a very strong growth!
Measured over the past years, QUIK shows a quite strong growth in Revenue. The Revenue has been growing by 10.91% on average per year.
EPS 1Y (TTM)357.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-146.15%
Revenue 1Y (TTM)31.01%
Revenue growth 3Y34.93%
Revenue growth 5Y10.91%
Sales Q2Q%-35.93%
3.2 Future
The Earnings Per Share is expected to grow by 90.74% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 23.05% on average over the next years. This is a very strong growth
EPS Next Y100.6%
EPS Next 2Y90.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.4%
Revenue Next 2Y23.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 39.33, the valuation of QUIK can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as QUIK.
The average S&P500 Price/Earnings ratio is at 28.65. QUIK is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 12.97 indicates a correct valuation of QUIK.
87.96% of the companies in the same industry are more expensive than QUIK, based on the Price/Forward Earnings ratio.
QUIK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.33 | ||
| Fwd PE | 12.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QUIK is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.51 |
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 QUIK's earnings are expected to grow with 90.74% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y90.74%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for QUIK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
QUICKLOGIC CORP
NASDAQ:QUIK (11/20/2024, 8:00:01 PM)
After market: 7.1 +0.02 (+0.28%)7.08
+0.03 (+0.43%)
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 Cap102.45M
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)
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Min Revenue beat(4)
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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 | 39.33 | ||
| Fwd PE | 12.97 | ||
| 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)0.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 8.22% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.45% | ||
| PM (TTM) | 7.38% | ||
| GM | 69.95% | ||
| 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 Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.14 | ||
| 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)357.14%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y100.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)31.01%
Revenue growth 3Y34.93%
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