SKYWATER TECHNOLOGY INC (SKYT)
US83089J1088 - Common Stock
Overall SKYT gets a fundamental rating of 3 out of 10. We evaluated SKYT against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of SKYT have multiple concerns. SKYT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SKYT had negative earnings in the past year.
In the past year SKYT had a positive cash flow from operations.
SKYT had negative earnings in each of the past 5 years.
In multiple years SKYT reported negative operating cash flow during the last 5 years.
1.2 Ratios
SKYT has a worse Return On Assets (-5.22%) than 68.52% of its industry peers.
SKYT has a worse Return On Equity (-29.27%) than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.22% | ||
| ROE | -29.27% | ||
| ROIC | N/A |
ROA(3y)-13.96%
ROA(5y)-11.67%
ROE(3y)-71.32%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SKYT has a Gross Margin of 18.02%. This is in the lower half of the industry: SKYT underperforms 78.70% of its industry peers.
SKYT's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for SKYT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 18.02% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.55%
GM growth 5Y-2.67%
2. Health
2.1 Basic Checks
SKYT does not have a ROIC to compare to the WACC, probably because it is not profitable.
SKYT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SKYT has been increased compared to 5 years ago.
SKYT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.86 indicates that SKYT is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.86, SKYT is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
The Debt to FCF ratio of SKYT is 2.37, which is a good value as it means it would take SKYT, 2.37 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.37, SKYT is doing good in the industry, outperforming 73.15% of the companies in the same industry.
SKYT has a Debt/Equity ratio of 0.80. This is a neutral value indicating SKYT is somewhat dependend on debt financing.
SKYT's Debt to Equity ratio of 0.80 is on the low side compared to the rest of the industry. SKYT is outperformed by 83.33% of its industry peers.
Even though the debt/equity ratio score it not favorable for SKYT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 1.86 |
ROIC/WACCN/A
WACC15.15%
2.3 Liquidity
SKYT has a Current Ratio of 0.87. This is a bad value and indicates that SKYT is not financially healthy enough and could expect problems in meeting its short term obligations.
SKYT's Current ratio of 0.87 is on the low side compared to the rest of the industry. SKYT is outperformed by 93.52% of its industry peers.
SKYT has a Quick Ratio of 0.87. This is a bad value and indicates that SKYT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of SKYT (0.78) is worse than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
SKYT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 100.00%, which is quite impressive.
SKYT shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.90%.
The Revenue has been growing by 16.74% on average over the past years. This is quite good.
EPS 1Y (TTM)100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)26.9%
Revenue growth 3Y26.87%
Revenue growth 5Y16.74%
Sales Q2Q%30.99%
3.2 Future
Based on estimates for the next years, SKYT will show a very strong growth in Earnings Per Share. The EPS will grow by 35.13% on average per year.
SKYT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.85% yearly.
EPS Next Y81.95%
EPS Next 2Y30.76%
EPS Next 3Y31.76%
EPS Next 5Y35.13%
Revenue Next Year20.8%
Revenue Next 2Y7.87%
Revenue Next 3Y12.61%
Revenue Next 5Y12.85%
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
The Forward Price/Earnings Ratio is negative for SKYT. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
SKYT's Enterprise Value to EBITDA ratio is in line with the industry average.
SKYT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SKYT is cheaper than 86.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.3 | ||
| EV/EBITDA | 36.41 |
4.3 Compensation for Growth
SKYT's earnings are expected to grow with 31.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.76%
EPS Next 3Y31.76%
5. Dividend
5.1 Amount
No dividends for SKYT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SKYWATER TECHNOLOGY INC
NASDAQ:SKYT (12/18/2024, 7:28:46 PM)
After market: 16 +0.24 (+1.52%)15.76
+2.68 (+20.49%)
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 Cap751.12M
Analysts
Price Target
Short Float %
Short Ratio
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)
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Min EPS beat(4)
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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)
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Revenue beat(16)
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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 | -5.22% | ||
| ROE | -29.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 18.02% | ||
| 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 Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.78 | ||
| 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)100%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y81.95%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)26.9%
Revenue growth 3Y26.87%
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