ALPHA & OMEGA SEMICONDUCTOR (AOSL) Stock Fundamental Analysis
NASDAQ:AOSL - Nasdaq - BMG6331P1041 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to AOSL. AOSL was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. AOSL scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, AOSL is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AOSL was profitable.
In the past year AOSL had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AOSL reported negative net income in multiple years.
In the past 5 years AOSL always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.03%, AOSL is doing worse than 62.73% of the companies in the same industry.
AOSL has a worse Return On Equity (-2.56%) than 62.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -2.56% | ||
| ROIC | N/A |
ROA(3y)11.66%
ROA(5y)8.09%
ROE(3y)17.74%
ROE(5y)13.31%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of AOSL (23.66%) is worse than 79.09% of its industry peers.
In the last couple of years the Gross Margin of AOSL has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for AOSL so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 23.66% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.64%
GM growth 5Y0.44%
2. Health
2.1 Basic Checks
AOSL does not have a ROIC to compare to the WACC, probably because it is not profitable.
AOSL has more shares outstanding than it did 1 year ago.
AOSL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AOSL has an improved debt to assets ratio.
2.2 Solvency
AOSL has an Altman-Z score of 3.66. This indicates that AOSL is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.66, AOSL perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
AOSL has a debt to FCF ratio of 3.41. This is a good value and a sign of high solvency as AOSL would need 3.41 years to pay back of all of its debts.
AOSL's Debt to FCF ratio of 3.41 is in line compared to the rest of the industry. AOSL outperforms 58.18% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that AOSL is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.02, AOSL is doing good in the industry, outperforming 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 3.41 | ||
| Altman-Z | 3.66 |
ROIC/WACCN/A
WACC11.44%
2.3 Liquidity
A Current Ratio of 2.57 indicates that AOSL has no problem at all paying its short term obligations.
AOSL has a Current ratio (2.57) which is in line with its industry peers.
AOSL has a Quick Ratio of 1.36. This is a normal value and indicates that AOSL is financially healthy and should not expect problems in meeting its short term obligations.
AOSL's Quick ratio of 1.36 is on the low side compared to the rest of the industry. AOSL is outperformed by 78.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The earnings per share for AOSL have decreased strongly by -59.72% in the last year.
Measured over the past years, AOSL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.80% on average per year.
AOSL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.58%.
Measured over the past years, AOSL shows a small growth in Revenue. The Revenue has been growing by 7.83% on average per year.
EPS 1Y (TTM)-59.72%
EPS 3Y-40.34%
EPS 5Y-12.8%
EPS Q2Q%-150%
Revenue 1Y (TTM)3.58%
Revenue growth 3Y0.02%
Revenue growth 5Y7.83%
Sales Q2Q%9.71%
3.2 Future
AOSL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.04% yearly.
The Revenue is expected to grow by 6.37% on average over the next years.
EPS Next Y-68.19%
EPS Next 2Y-33.76%
EPS Next 3Y10.04%
EPS Next 5YN/A
Revenue Next Year5.15%
Revenue Next 2Y3.84%
Revenue Next 3Y6.37%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 93.59, the valuation of AOSL can be described as expensive.
AOSL's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.19, AOSL is valued quite expensively.
The Price/Forward Earnings ratio is 99.78, which means the current valuation is very expensive for AOSL.
AOSL's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AOSL is more expensive than 64.55% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.33. AOSL is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 93.59 | ||
| Fwd PE | 99.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AOSL is valued a bit cheaper than 76.36% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AOSL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.57 | ||
| EV/EBITDA | 15.52 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-33.76%
EPS Next 3Y10.04%
5. Dividend
5.1 Amount
No dividends for AOSL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.14
+0.35 (+1.31%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners78.17%
Inst Owner Change0%
Ins Owners16.5%
Ins Owner Change2.68%
Market Cap807.69M
Analysts75.56
Price Target27.2 (0.22%)
Short Float %6.07%
Short Ratio4.49
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)25.74%
Min EPS beat(2)10.29%
Max EPS beat(2)41.18%
EPS beat(4)3
Avg EPS beat(4)37.17%
Min EPS beat(4)-6.42%
Max EPS beat(4)103.64%
EPS beat(8)7
Avg EPS beat(8)122.27%
EPS beat(12)8
Avg EPS beat(12)79.34%
EPS beat(16)12
Avg EPS beat(16)63.17%
Revenue beat(2)1
Avg Revenue beat(2)1.25%
Min Revenue beat(2)-0.16%
Max Revenue beat(2)2.65%
Revenue beat(4)1
Avg Revenue beat(4)0.08%
Min Revenue beat(4)-1.18%
Max Revenue beat(4)2.65%
Revenue beat(8)2
Avg Revenue beat(8)-0.41%
Revenue beat(12)3
Avg Revenue beat(12)-0.98%
Revenue beat(16)7
Avg Revenue beat(16)-0.26%
PT rev (1m)0%
PT rev (3m)-32.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-400.3%
EPS NY rev (1m)18.37%
EPS NY rev (3m)41.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 93.59 | ||
| Fwd PE | 99.78 | ||
| P/S | 1.19 | ||
| P/FCF | 85.57 | ||
| P/OCF | 20.39 | ||
| P/B | 0.91 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 15.52 |
EPS(TTM)0.29
EY1.07%
EPS(NY)0.27
Fwd EY1%
FCF(TTM)0.32
FCFY1.17%
OCF(TTM)1.33
OCFY4.9%
SpS22.88
BVpS29.78
TBVpS29.75
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -2.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 23.66% | ||
| FCFM | 1.39% |
ROA(3y)11.66%
ROA(5y)8.09%
ROE(3y)17.74%
ROE(5y)13.31%
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-5.64%
GM growth 5Y0.44%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 3.41 | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 49.58% | ||
| Cap/Sales | 4.43% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 93.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 3.66 |
F-Score5
WACC11.44%
ROIC/WACCN/A
Cap/Depr(3y)215.41%
Cap/Depr(5y)184.51%
Cap/Sales(3y)13.12%
Cap/Sales(5y)12.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-59.72%
EPS 3Y-40.34%
EPS 5Y-12.8%
EPS Q2Q%-150%
EPS Next Y-68.19%
EPS Next 2Y-33.76%
EPS Next 3Y10.04%
EPS Next 5YN/A
Revenue 1Y (TTM)3.58%
Revenue growth 3Y0.02%
Revenue growth 5Y7.83%
Sales Q2Q%9.71%
Revenue Next Year5.15%
Revenue Next 2Y3.84%
Revenue Next 3Y6.37%
Revenue Next 5YN/A
EBIT growth 1Y-5159.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year233.01%
EBIT Next 3Y81.28%
EBIT Next 5YN/A
FCF growth 1Y116.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-46.76%
OCF growth 3Y-41.54%
OCF growth 5Y-3.92%