MACOM TECHNOLOGY SOLUTIONS H (MTSI) Stock Fundamental Analysis
USA - NASDAQ:MTSI - US55405Y1001 - Common Stock
148.13 USD
-2.48 (-1.65%)
148.13 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to MTSI. MTSI was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. MTSI has only an average score on both its financial health and profitability. MTSI is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year MTSI was profitable.
MTSI had a positive operating cash flow in the past year.
Of the past 5 years MTSI 4 years were profitable.
Each year in the past 5 years MTSI had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -3.49%, MTSI is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -5.53%, MTSI is doing worse than 63.39% of the companies in the same industry.
MTSI has a Return On Invested Capital of 5.14%. This is in the better half of the industry: MTSI outperforms 64.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MTSI is significantly below the industry average of 11.03%.
| 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
MTSI's Profit Margin has improved in the last couple of years.
MTSI's Operating Margin of 12.97% is fine compared to the rest of the industry. MTSI outperforms 70.54% of its industry peers.
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.
MTSI's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for MTSI has been increased compared to 1 year ago.
Compared to 5 years ago, MTSI has more shares outstanding
The debt/assets ratio for MTSI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 10.04 indicates that MTSI is not in any danger for bankruptcy at the moment.
MTSI has a Altman-Z score of 10.04. This is in the better half of the industry: MTSI outperforms 70.54% of its industry peers.
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.
MTSI has a better Debt to FCF ratio (3.31) than 63.39% of its industry peers.
MTSI has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.45, MTSI is not doing good in the industry: 67.86% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 3.31 | ||
| Altman-Z | 10.04 |
ROIC/WACC0.44
WACC11.59%
2.3 Liquidity
MTSI has a Current Ratio of 3.83. This indicates that MTSI is financially healthy and has no problem in meeting its short term obligations.
MTSI has a Current ratio of 3.83. This is in the better half of the industry: MTSI outperforms 61.61% of its industry peers.
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.
The Quick ratio of MTSI (3.10) is better than 63.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.83 | ||
| Quick Ratio | 3.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.93% over the past year.
MTSI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.96% yearly.
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
Based on estimates for the next years, MTSI will show a very strong growth in Earnings Per Share. The EPS will grow by 20.97% on average per year.
Based on estimates for the next years, MTSI will show a quite strong growth in Revenue. The Revenue will grow by 14.63% on average per year.
EPS Next Y38.37%
EPS Next 2Y27.54%
EPS Next 3Y23.62%
EPS Next 5Y20.97%
Revenue Next Year32.54%
Revenue Next 2Y22.78%
Revenue Next 3Y18.39%
Revenue Next 5Y14.63%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 45.30, which means the current valuation is very expensive for MTSI.
MTSI's Price/Earnings ratio is a bit cheaper when compared to the industry. MTSI is cheaper than 61.61% of the companies in the same industry.
MTSI is valuated expensively when we compare the Price/Earnings ratio to 26.10, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 35.60 indicates a quite expensive valuation of MTSI.
MTSI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of MTSI to the average of the S&P500 Index (22.52), we can say MTSI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.3 | ||
| Fwd PE | 35.6 |
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 62.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.21 | ||
| EV/EBITDA | 56.77 |
4.3 Compensation for Growth
The 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 23.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.18
PEG (5Y)N/A
EPS Next 2Y27.54%
EPS Next 3Y23.62%
5. Dividend
5.1 Amount
MTSI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
148.13
-2.48 (-1.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners90.53%
Inst Owner Change0.17%
Ins Owners0.16%
Ins Owner Change-1.34%
Market Cap11.03B
Revenue(TTM)906.80M
Net Income(TTM)-69916000
Analysts80
Price Target151.79 (2.47%)
Short Float %4.96%
Short Ratio3.3
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%
PT rev (3m)2.98%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)-0.12%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.3 | ||
| Fwd PE | 35.6 | ||
| P/S | 12.17 | ||
| P/FCF | 64.21 | ||
| P/OCF | 48.37 | ||
| P/B | 8.73 | ||
| P/tB | 12.95 | ||
| EV/EBITDA | 56.77 |
EPS(TTM)3.27
EY2.21%
EPS(NY)4.16
Fwd EY2.81%
FCF(TTM)2.31
FCFY1.56%
OCF(TTM)3.06
OCFY2.07%
SpS12.18
BVpS16.96
TBVpS11.43
PEG (NY)1.18
PEG (5Y)N/A
Graham Number35.33
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%
ROICexgc growth 3Y-25.63%
ROICexgc 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 | 10.04 |
F-Score6
WACC11.59%
ROIC/WACC0.44
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 Y38.37%
EPS Next 2Y27.54%
EPS Next 3Y23.62%
EPS Next 5Y20.97%
Revenue 1Y (TTM)33.5%
Revenue growth 3Y6.33%
Revenue growth 5Y7.86%
Sales Q2Q%32.33%
Revenue Next Year32.54%
Revenue Next 2Y22.78%
Revenue Next 3Y18.39%
Revenue Next 5Y14.63%
EBIT growth 1Y90.48%
EBIT growth 3Y-3.11%
EBIT growth 5YN/A
EBIT Next Year72.28%
EBIT Next 3Y30.73%
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%
MACOM TECHNOLOGY SOLUTIONS H / MTSI FAQ
What is the ChartMill fundamental rating of MACOM TECHNOLOGY SOLUTIONS H (MTSI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MTSI.
What is the valuation status for MTSI stock?
ChartMill assigns a valuation rating of 3 / 10 to MACOM TECHNOLOGY SOLUTIONS H (MTSI). This can be considered as Overvalued.
How profitable is MACOM TECHNOLOGY SOLUTIONS H (MTSI) stock?
MACOM TECHNOLOGY SOLUTIONS H (MTSI) has a profitability rating of 4 / 10.
What is the earnings growth outlook for MACOM TECHNOLOGY SOLUTIONS H?
The Earnings per Share (EPS) of MACOM TECHNOLOGY SOLUTIONS H (MTSI) is expected to grow by 38.37% in the next year.
How sustainable is the dividend of MACOM TECHNOLOGY SOLUTIONS H (MTSI) stock?
The dividend rating of MACOM TECHNOLOGY SOLUTIONS H (MTSI) is 0 / 10 and the dividend payout ratio is 0%.