DIODES INC (DIOD)
US2545431015 - Common Stock
Taking everything into account, DIOD scores 5 out of 10 in our fundamental rating. DIOD was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. DIOD has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. DIOD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
DIOD had positive earnings in the past year.
In the past year DIOD had a positive cash flow from operations.
DIOD had positive earnings in each of the past 5 years.
Each year in the past 5 years DIOD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.60%, DIOD is in the better half of the industry, outperforming 74.53% of the companies in the same industry.
DIOD has a Return On Equity of 13.05%. This is in the better half of the industry: DIOD outperforms 70.75% of its industry peers.
DIOD's Return On Invested Capital of 10.51% is fine compared to the rest of the industry. DIOD outperforms 77.36% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DIOD is above the industry average of 10.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.6% | ||
| ROE | 13.05% | ||
| ROIC | 10.51% |
ROA(3y)11.5%
ROA(5y)9.76%
ROE(3y)17.81%
ROE(5y)15.49%
ROIC(3y)13.97%
ROIC(5y)11.96%
1.3 Margins
With a decent Profit Margin value of 13.67%, DIOD is doing good in the industry, outperforming 66.04% of the companies in the same industry.
DIOD's Profit Margin has improved in the last couple of years.
DIOD has a Operating Margin of 15.12%. This is in the better half of the industry: DIOD outperforms 67.92% of its industry peers.
DIOD's Operating Margin has improved in the last couple of years.
DIOD has a worse Gross Margin (39.61%) than 62.26% of its industry peers.
In the last couple of years the Gross Margin of DIOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.12% | ||
| PM (TTM) | 13.67% | ||
| GM | 39.61% |
OM growth 3Y11.24%
OM growth 5Y3.33%
PM growth 3Y19.65%
PM growth 5Y9.8%
GM growth 3Y4.14%
GM growth 5Y2.01%
2. Health
2.1 Basic Checks
DIOD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
DIOD has more shares outstanding than it did 1 year ago.
DIOD has less shares outstanding than it did 5 years ago.
The debt/assets ratio for DIOD has been reduced compared to a year ago.
2.2 Solvency
DIOD has an Altman-Z score of 5.57. This indicates that DIOD is financially healthy and has little risk of bankruptcy at the moment.
DIOD has a better Altman-Z score (5.57) than 65.09% of its industry peers.
The Debt to FCF ratio of DIOD is 0.48, which is an excellent value as it means it would take DIOD, only 0.48 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DIOD (0.48) is better than 79.25% of its industry peers.
DIOD has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of DIOD (0.03) is better than 66.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 5.57 |
ROIC/WACC0.87
WACC12.05%
2.3 Liquidity
DIOD has a Current Ratio of 3.02. This indicates that DIOD is financially healthy and has no problem in meeting its short term obligations.
DIOD's Current ratio of 3.02 is in line compared to the rest of the industry. DIOD outperforms 48.11% of its industry peers.
DIOD has a Quick Ratio of 2.03. This indicates that DIOD is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of DIOD (2.03) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
DIOD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.69%.
DIOD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.06% yearly.
The Revenue for DIOD has decreased by -16.94% in the past year. This is quite bad
DIOD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.48% yearly.
EPS 1Y (TTM)-34.69%
EPS 3Y26.88%
EPS 5Y15.06%
EPS growth Q2Q-70.52%
Revenue 1Y (TTM)-16.94%
Revenue growth 3Y10.57%
Revenue growth 5Y6.48%
Revenue growth Q2Q-34.97%
3.2 Future
DIOD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.66% yearly.
Based on estimates for the next years, DIOD will show a small growth in Revenue. The Revenue will grow by 3.20% on average per year.
EPS Next Y-51.84%
EPS Next 2Y-9.89%
EPS Next 3Y0.66%
EPS Next 5YN/A
Revenue Next Year-17.91%
Revenue Next 2Y-2.39%
Revenue Next 3Y3.2%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.13, the valuation of DIOD can be described as correct.
86.79% of the companies in the same industry are more expensive than DIOD, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of DIOD to the average of the S&P500 Index (24.55), we can say DIOD is valued slightly cheaper.
The Price/Forward Earnings ratio is 31.41, which means the current valuation is very expensive for DIOD.
The rest of the industry has a similar Price/Forward Earnings ratio as DIOD.
The average S&P500 Price/Forward Earnings ratio is at 20.92. DIOD is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.13 | ||
| Fwd PE | 31.41 |
4.2 Price Multiples
95.28% of the companies in the same industry are more expensive than DIOD, based on the Enterprise Value to EBITDA ratio.
DIOD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DIOD is cheaper than 82.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.74 | ||
| EV/EBITDA | 7.59 |
4.3 Compensation for Growth
The decent profitability rating of DIOD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y-9.89%
EPS Next 3Y0.66%
5. Dividend
5.1 Amount
No dividends for DIOD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DIODES INC
NASDAQ:DIOD (5/2/2024, 3:02:06 PM)
After market: 72.92 0 (0%)72.92
+1.93 (+2.72%)
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 Cap3.35B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Surprises & Revisions
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.13 | ||
| Fwd PE | 31.41 | ||
| 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
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.6% | ||
| ROE | 13.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.12% | ||
| PM (TTM) | 13.67% | ||
| GM | 39.61% | ||
| 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 Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.02 | ||
| Quick Ratio | 2.03 | ||
| 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)-34.69%
EPS 3Y26.88%
EPS 5Y
EPS growth Q2Q
EPS Next Y-51.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-16.94%
Revenue growth 3Y10.57%
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
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