SITIME CORP (SITM) Stock Fundamental Analysis
NASDAQ:SITM - Nasdaq - US82982T1060 - Common Stock - Currency: USD
Taking everything into account, SITM scores 5 out of 10 in our fundamental rating. SITM was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. While SITM has a great health rating, there are worries on its profitability. SITM is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
SITM had positive earnings in the past year.
In the past year SITM had a positive cash flow from operations.
In multiple years SITM reported negative net income over the last 5 years.
SITM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -10.58%, SITM is doing worse than 73.15% of the companies in the same industry.
With a Return On Equity value of -13.38%, SITM is not doing good in the industry: 71.30% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.58% | ||
| ROE | -13.38% | ||
| ROIC | N/A |
ROA(3y)-5.31%
ROA(5y)-3.62%
ROE(3y)-7.15%
ROE(5y)-4.98%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SITM has a better Gross Margin (51.55%) than 67.59% of its industry peers.
In the last couple of years the Gross Margin of SITM has grown nicely.
The Profit Margin and Operating Margin are not available for SITM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 51.55% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.84%
GM growth 5Y1.83%
2. Health
2.1 Basic Checks
SITM does not have a ROIC to compare to the WACC, probably because it is not profitable.
SITM has more shares outstanding than it did 1 year ago.
SITM has more shares outstanding than it did 5 years ago.
There is no outstanding debt for SITM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
SITM has an Altman-Z score of 13.76. This indicates that SITM is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 13.76, SITM belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
SITM 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 | 13.76 |
ROIC/WACCN/A
WACC11.77%
2.3 Liquidity
SITM has a Current Ratio of 5.02. This indicates that SITM is financially healthy and has no problem in meeting its short term obligations.
SITM's Current ratio of 5.02 is fine compared to the rest of the industry. SITM outperforms 76.85% of its industry peers.
A Quick Ratio of 4.31 indicates that SITM has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 4.31, SITM is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.02 | ||
| Quick Ratio | 4.31 |
3. Growth
3.1 Past
SITM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 441.18%, which is quite impressive.
The earnings per share for SITM have been decreasing by -32.56% on average. This is quite bad
Looking at the last year, SITM shows a very strong growth in Revenue. The Revenue has grown by 40.77%.
The Revenue has been growing by 19.24% on average over the past years. This is quite good.
EPS 1Y (TTM)441.18%
EPS 3Y-32.56%
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)40.77%
Revenue growth 3Y-2.52%
Revenue growth 5Y19.24%
Sales Q2Q%60.63%
3.2 Future
SITM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.42% yearly.
SITM is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 28.11% yearly.
EPS Next Y64.64%
EPS Next 2Y64.19%
EPS Next 3Y61.51%
EPS Next 5Y56.42%
Revenue Next Year30.01%
Revenue Next 2Y26.36%
Revenue Next 3Y27.84%
Revenue Next 5Y28.11%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 195.58, which means the current valuation is very expensive for SITM.
Based on the Price/Earnings ratio, SITM is valued a bit more expensive than 60.19% of the companies in the same industry.
SITM is valuated expensively when we compare the Price/Earnings ratio to 29.62, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 118.79, the valuation of SITM can be described as expensive.
Based on the Price/Forward Earnings ratio, SITM is valued a bit more expensive than the industry average as 62.04% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of SITM to the average of the S&P500 Index (22.70), we can say SITM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 195.58 | ||
| Fwd PE | 118.79 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
SITM's earnings are expected to grow with 61.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.03
PEG (5Y)N/A
EPS Next 2Y64.19%
EPS Next 3Y61.51%
5. Dividend
5.1 Amount
No dividends for SITM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
179.93
-0.18 (-0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners86.12%
Inst Owner Change-95.45%
Ins Owners2.2%
Ins Owner Change0.59%
Market Cap4.20B
Analysts80
Price Target244.98 (36.15%)
Short Float %6.49%
Short Ratio4.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.84%
Min EPS beat(2)10.86%
Max EPS beat(2)50.83%
EPS beat(4)4
Avg EPS beat(4)77.77%
Min EPS beat(4)10.86%
Max EPS beat(4)202.98%
EPS beat(8)8
Avg EPS beat(8)1330.86%
EPS beat(12)12
Avg EPS beat(12)891.77%
EPS beat(16)16
Avg EPS beat(16)681.8%
Revenue beat(2)2
Avg Revenue beat(2)3.5%
Min Revenue beat(2)2.69%
Max Revenue beat(2)4.3%
Revenue beat(4)4
Avg Revenue beat(4)3.24%
Min Revenue beat(4)1.09%
Max Revenue beat(4)4.88%
Revenue beat(8)6
Avg Revenue beat(8)1.82%
Revenue beat(12)8
Avg Revenue beat(12)1.6%
Revenue beat(16)12
Avg Revenue beat(16)2.78%
PT rev (1m)13.47%
PT rev (3m)13.47%
EPS NQ rev (1m)-1.84%
EPS NQ rev (3m)-29.28%
EPS NY rev (1m)2.16%
EPS NY rev (3m)2.16%
Revenue NQ rev (1m)5.09%
Revenue NQ rev (3m)13.08%
Revenue NY rev (1m)2.08%
Revenue NY rev (3m)2.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 195.58 | ||
| Fwd PE | 118.79 | ||
| P/S | 20.74 | ||
| P/FCF | N/A | ||
| P/OCF | 181.25 | ||
| P/B | 6.01 | ||
| P/tB | 9.36 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.92
EY0.51%
EPS(NY)1.51
Fwd EY0.84%
FCF(TTM)-0.58
FCFYN/A
OCF(TTM)0.99
OCFY0.55%
SpS8.68
BVpS29.95
TBVpS19.22
PEG (NY)3.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.58% | ||
| ROE | -13.38% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 51.55% | ||
| FCFM | N/A |
ROA(3y)-5.31%
ROA(5y)-3.62%
ROE(3y)-7.15%
ROE(5y)-4.98%
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
ROICexcg growth 3YN/A
ROICexcg 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-6.84%
GM growth 5Y1.83%
F-Score4
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 121.94% | ||
| Cap/Sales | 18.09% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.02 | ||
| Quick Ratio | 4.31 | ||
| Altman-Z | 13.76 |
F-Score4
WACC11.77%
ROIC/WACCN/A
Cap/Depr(3y)166.33%
Cap/Depr(5y)209.36%
Cap/Sales(3y)13.06%
Cap/Sales(5y)12.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)441.18%
EPS 3Y-32.56%
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y64.64%
EPS Next 2Y64.19%
EPS Next 3Y61.51%
EPS Next 5Y56.42%
Revenue 1Y (TTM)40.77%
Revenue growth 3Y-2.52%
Revenue growth 5Y19.24%
Sales Q2Q%60.63%
Revenue Next Year30.01%
Revenue Next 2Y26.36%
Revenue Next 3Y27.84%
Revenue Next 5Y28.11%
EBIT growth 1Y-5.06%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year15355.9%
EBIT Next 3Y645.85%
EBIT Next 5Y396.1%
FCF growth 1Y-221.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y187.86%
OCF growth 3Y-26.78%
OCF growth 5Y25.73%