MACOM TECHNOLOGY SOLUTIONS H (MTSI) Stock Fundamental Analysis
USA - NASDAQ:MTSI - US55405Y1001 - Common Stock
128.8 USD
-0.69 (-0.53%)
128.8 USD
0 (0%)
Taking everything into account, MTSI scores 5 out of 10 in our fundamental rating. MTSI was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. MTSI has an average financial health and profitability rating. MTSI is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
MTSI had positive earnings in the past year.
In the past year MTSI had a positive cash flow from operations.
Of the past 5 years MTSI 4 years were profitable.
MTSI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MTSI's Return On Assets of -3.49% is on the low side compared to the rest of the industry. MTSI is outperformed by 64.29% of its industry peers.
The Return On Equity of MTSI (-5.53%) is worse than 62.50% of its industry peers.
The Return On Invested Capital of MTSI (5.14%) is better than 64.29% of its industry peers.
MTSI had an Average Return On Invested Capital over the past 3 years of 5.66%. This is significantly below the industry average of 10.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.49% | ||
| ROE | -5.53% | ||
| ROIC | 5.14% |
ROA(3y)12.76%
ROA(5y)7.52%
ROE(3y)22.9%
ROE(5y)12.28%
ROIC(3y)5.66%
ROIC(5y)4.74%
1.3 Margins
In the last couple of years the Profit Margin of MTSI has grown nicely.
With a decent Operating Margin value of 12.97%, MTSI is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of MTSI has declined.
MTSI's Gross Margin of 54.76% is fine compared to the rest of the industry. MTSI outperforms 73.21% of its industry peers.
In the last couple of years the Gross Margin of MTSI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.97% | ||
| PM (TTM) | N/A | ||
| GM | 54.76% |
OM growth 3Y-8.88%
OM growth 5YN/A
PM growth 3Y18.94%
PM growth 5YN/A
GM growth 3Y-1.42%
GM growth 5Y4.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTSI is destroying value.
MTSI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MTSI has been increased compared to 5 years ago.
The debt/assets ratio for MTSI has been reduced compared to a year ago.
2.2 Solvency
MTSI has an Altman-Z score of 8.77. This indicates that MTSI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.77, MTSI is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
MTSI has a debt to FCF ratio of 3.31. This is a good value and a sign of high solvency as MTSI would need 3.31 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.31, MTSI is in the better half of the industry, outperforming 61.61% of the companies in the same industry.
MTSI has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
MTSI has a worse Debt to Equity ratio (0.45) than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 3.31 | ||
| Altman-Z | 8.77 |
ROIC/WACC0.46
WACC11.26%
2.3 Liquidity
A Current Ratio of 3.83 indicates that MTSI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.83, MTSI is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
MTSI has a Quick Ratio of 3.10. This indicates that MTSI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.10, MTSI is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.83 | ||
| Quick Ratio | 3.1 |
3. Growth
3.1 Past
MTSI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.93%, which is quite impressive.
Measured over the past 5 years, MTSI shows a small growth in Earnings Per Share. The EPS has been growing by 5.96% on average per year.
MTSI shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.50%.
The Revenue has been growing slightly by 7.86% on average over the past years.
EPS 1Y (TTM)36.93%
EPS 3Y5.96%
EPS 5YN/A
EPS Q2Q%36.36%
Revenue 1Y (TTM)33.5%
Revenue growth 3Y6.33%
Revenue growth 5Y7.86%
Sales Q2Q%32.33%
3.2 Future
MTSI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.97% yearly.
MTSI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.63% yearly.
EPS Next Y38.24%
EPS Next 2Y27.87%
EPS Next 3Y23.94%
EPS Next 5Y20.97%
Revenue Next Year32.55%
Revenue Next 2Y22.78%
Revenue Next 3Y18.33%
Revenue Next 5Y14.63%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 39.39 indicates a quite expensive valuation of MTSI.
Based on the Price/Earnings ratio, MTSI is valued a bit cheaper than 61.61% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. MTSI is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 30.80, MTSI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTSI is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, MTSI is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.39 | ||
| Fwd PE | 30.8 |
4.2 Price Multiples
MTSI's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, MTSI is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.83 | ||
| EV/EBITDA | 48.08 |
4.3 Compensation for Growth
MTSI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MTSI's earnings are expected to grow with 23.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.03
PEG (5Y)N/A
EPS Next 2Y27.87%
EPS Next 3Y23.94%
5. Dividend
5.1 Amount
MTSI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
128.8
-0.69 (-0.53%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners87.85%
Inst Owner Change-0.05%
Ins Owners13.65%
Ins Owner Change-1.24%
Market Cap9.59B
Analysts80
Price Target151.79 (17.85%)
Short Float %3.91%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.03%
Min EPS beat(2)-1.57%
Max EPS beat(2)-0.49%
EPS beat(4)0
Avg EPS beat(4)-1.43%
Min EPS beat(4)-2.48%
Max EPS beat(4)-0.49%
EPS beat(8)0
Avg EPS beat(8)-1.39%
EPS beat(12)1
Avg EPS beat(12)-1.04%
EPS beat(16)5
Avg EPS beat(16)-0.3%
Revenue beat(2)1
Avg Revenue beat(2)-0.16%
Min Revenue beat(2)-1.08%
Max Revenue beat(2)0.76%
Revenue beat(4)1
Avg Revenue beat(4)-0.66%
Min Revenue beat(4)-1.81%
Max Revenue beat(4)0.76%
Revenue beat(8)2
Avg Revenue beat(8)-0.91%
Revenue beat(12)2
Avg Revenue beat(12)-1.11%
Revenue beat(16)2
Avg Revenue beat(16)-1.18%
PT rev (1m)0.59%
PT rev (3m)6.26%
EPS NQ rev (1m)-0.08%
EPS NQ rev (3m)-0.04%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)2.42%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.39 | ||
| Fwd PE | 30.8 | ||
| P/S | 10.58 | ||
| P/FCF | 55.83 | ||
| P/OCF | 42.06 | ||
| P/B | 7.59 | ||
| P/tB | 11.26 | ||
| EV/EBITDA | 48.08 |
EPS(TTM)3.27
EY2.54%
EPS(NY)4.18
Fwd EY3.25%
FCF(TTM)2.31
FCFY1.79%
OCF(TTM)3.06
OCFY2.38%
SpS12.18
BVpS16.96
TBVpS11.43
PEG (NY)1.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.49% | ||
| ROE | -5.53% | ||
| ROCE | 6.88% | ||
| ROIC | 5.14% | ||
| ROICexc | 8.47% | ||
| ROICexgc | 13.31% | ||
| OM | 12.97% | ||
| PM (TTM) | N/A | ||
| GM | 54.76% | ||
| FCFM | 18.94% |
ROA(3y)12.76%
ROA(5y)7.52%
ROE(3y)22.9%
ROE(5y)12.28%
ROIC(3y)5.66%
ROIC(5y)4.74%
ROICexc(3y)9.02%
ROICexc(5y)7.42%
ROICexgc(3y)15.12%
ROICexgc(5y)13.8%
ROCE(3y)6.93%
ROCE(5y)5.8%
ROICexcg growth 3Y-25.63%
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.93%
ROICexc growth 5YN/A
OM growth 3Y-8.88%
OM growth 5YN/A
PM growth 3Y18.94%
PM growth 5YN/A
GM growth 3Y-1.42%
GM growth 5Y4.09%
F-Score6
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 3.31 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 88.65% | ||
| Cap/Sales | 6.21% | ||
| Interest Coverage | 32.65 | ||
| Cash Conversion | 125.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.83 | ||
| Quick Ratio | 3.1 | ||
| Altman-Z | 8.77 |
F-Score6
WACC11.26%
ROIC/WACC0.46
Cap/Depr(3y)42.34%
Cap/Depr(5y)35.01%
Cap/Sales(3y)3.6%
Cap/Sales(5y)3.42%
Profit Quality(3y)123.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.93%
EPS 3Y5.96%
EPS 5YN/A
EPS Q2Q%36.36%
EPS Next Y38.24%
EPS Next 2Y27.87%
EPS Next 3Y23.94%
EPS Next 5Y20.97%
Revenue 1Y (TTM)33.5%
Revenue growth 3Y6.33%
Revenue growth 5Y7.86%
Sales Q2Q%32.33%
Revenue Next Year32.55%
Revenue Next 2Y22.78%
Revenue Next 3Y18.33%
Revenue Next 5Y14.63%
EBIT growth 1Y90.48%
EBIT growth 3Y-3.11%
EBIT growth 5YN/A
EBIT Next Year74.71%
EBIT Next 3Y29.7%
EBIT Next 5YN/A
FCF growth 1Y14.53%
FCF growth 3Y2.44%
FCF growth 5YN/A
OCF growth 1Y29.14%
OCF growth 3Y3.1%
OCF growth 5Y51.03%