CIRRUS LOGIC INC (CRUS)
US1727551004 - Common Stock
We assign a fundamental rating of 6 out of 10 to CRUS. CRUS was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. CRUS gets an excellent profitability rating and is at the same time showing great financial health properties. CRUS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CRUS was profitable.
In the past year CRUS had a positive cash flow from operations.
In the past 5 years CRUS has always been profitable.
In the past 5 years CRUS always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 7.94%, CRUS is doing good in the industry, outperforming 69.81% of the companies in the same industry.
CRUS has a better Return On Equity (9.77%) than 66.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.65%, CRUS belongs to the top of the industry, outperforming 82.08% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CRUS is above the industry average of 10.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.94% | ||
| ROE | 9.77% | ||
| ROIC | 12.65% |
ROA(3y)11.93%
ROA(5y)10.49%
ROE(3y)15.57%
ROE(5y)13.51%
ROIC(3y)13.97%
ROIC(5y)11.76%
1.3 Margins
CRUS's Profit Margin of 9.83% is fine compared to the rest of the industry. CRUS outperforms 60.38% of its industry peers.
In the last couple of years the Profit Margin of CRUS has declined.
CRUS has a Operating Margin of 18.25%. This is in the better half of the industry: CRUS outperforms 72.64% of its industry peers.
In the last couple of years the Operating Margin of CRUS has remained more or less at the same level.
CRUS's Gross Margin of 50.83% is fine compared to the rest of the industry. CRUS outperforms 66.04% of its industry peers.
CRUS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.25% | ||
| PM (TTM) | 9.83% | ||
| GM | 50.83% |
OM growth 3Y6.07%
OM growth 5Y1.22%
PM growth 3Y-9.23%
PM growth 5Y-2.51%
GM growth 3Y-1.41%
GM growth 5Y0.31%
2. Health
2.1 Basic Checks
CRUS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CRUS has been reduced compared to 1 year ago.
Compared to 5 years ago, CRUS has less shares outstanding
CRUS 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
CRUS has an Altman-Z score of 8.41. This indicates that CRUS is financially healthy and has little risk of bankruptcy at the moment.
CRUS's Altman-Z score of 8.41 is fine compared to the rest of the industry. CRUS outperforms 76.42% of its industry peers.
CRUS 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 | 0 | ||
| Altman-Z | 8.41 |
ROIC/WACC1.04
WACC12.15%
2.3 Liquidity
A Current Ratio of 6.64 indicates that CRUS has no problem at all paying its short term obligations.
CRUS has a Current ratio of 6.64. This is amongst the best in the industry. CRUS outperforms 87.74% of its industry peers.
A Quick Ratio of 5.20 indicates that CRUS has no problem at all paying its short term obligations.
CRUS has a Quick ratio of 5.20. This is amongst the best in the industry. CRUS outperforms 85.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.64 | ||
| Quick Ratio | 5.2 |
3. Growth
3.1 Past
CRUS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.49%.
CRUS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.53% yearly.
CRUS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.16%.
CRUS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.37% yearly.
EPS 1Y (TTM)-16.49%
EPS 3Y17.24%
EPS 5Y8.53%
EPS growth Q2Q20.42%
Revenue 1Y (TTM)-11.16%
Revenue growth 3Y13.99%
Revenue growth 5Y4.37%
Revenue growth Q2Q4.81%
3.2 Future
The Earnings Per Share is expected to grow by 0.30% on average over the next years.
Based on estimates for the next years, CRUS will show a decrease in Revenue. The Revenue will decrease by -0.52% on average per year.
EPS Next Y-4.77%
EPS Next 2Y-0.67%
EPS Next 3Y0.3%
EPS Next 5YN/A
Revenue Next Year-8.34%
Revenue Next 2Y-2.68%
Revenue Next 3Y-0.52%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.66, the valuation of CRUS can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of CRUS indicates a rather cheap valuation: CRUS is cheaper than 91.51% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.55, CRUS is valued a bit cheaper.
CRUS is valuated correctly with a Price/Forward Earnings ratio of 13.52.
CRUS's Price/Forward Earnings ratio is rather cheap when compared to the industry. CRUS is cheaper than 89.62% of the companies in the same industry.
CRUS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 13.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRUS is valued cheaper than 88.68% of the companies in the same industry.
CRUS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CRUS is cheaper than 88.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.98 | ||
| EV/EBITDA | 10.43 |
4.3 Compensation for Growth
CRUS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.6
EPS Next 2Y-0.67%
EPS Next 3Y0.3%
5. Dividend
5.1 Amount
No dividends for CRUS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CIRRUS LOGIC INC
NASDAQ:CRUS (5/2/2024, 2:53:10 PM)
85.77
+1.77 (+2.11%)
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 Cap4.63B
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)
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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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Revenue beat(8)
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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 | 13.66 | ||
| Fwd PE | 13.52 | ||
| 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)1.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.94% | ||
| ROE | 9.77% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.25% | ||
| PM (TTM) | 9.83% | ||
| GM | 50.83% | ||
| 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 Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 6.64 | ||
| Quick Ratio | 5.2 | ||
| 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)
Growth
EPS 1Y (TTM)-16.49%
EPS 3Y17.24%
EPS 5Y
EPS growth Q2Q
EPS Next Y-4.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-11.16%
Revenue growth 3Y13.99%
Revenue growth 5Y
Revenue growth 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