MACOM TECHNOLOGY SOLUTIONS H (MTSI)
US55405Y1001 - Common Stock
Overall MTSI gets a fundamental rating of 4 out of 10. We evaluated MTSI against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. MTSI has an average financial health and profitability rating. While showing a medium growth rate, MTSI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MTSI was profitable.
MTSI had a positive operating cash flow in the past year.
In multiple years MTSI reported negative net income over the last 5 years.
In the past 5 years MTSI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MTSI (3.81%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 6.11%, MTSI is in line with its industry, outperforming 55.14% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.01%, MTSI is in line with its industry, outperforming 52.34% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MTSI is below the industry average of 10.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 6.11% | ||
| ROIC | 3.01% |
ROA(3y)12.41%
ROA(5y)-0.3%
ROE(3y)23.31%
ROE(5y)-13.54%
ROIC(3y)6.38%
ROIC(5y)N/A
1.3 Margins
MTSI's Profit Margin of 10.03% is fine compared to the rest of the industry. MTSI outperforms 62.62% of its industry peers.
With a decent Operating Margin value of 9.31%, MTSI is doing good in the industry, outperforming 62.62% of the companies in the same industry.
In the last couple of years the Operating Margin of MTSI has grown nicely.
Looking at the Gross Margin, with a value of 55.74%, MTSI is in the better half of the industry, outperforming 73.83% of the companies in the same industry.
MTSI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.31% | ||
| PM (TTM) | 10.03% | ||
| GM | 55.74% |
OM growth 3Y169.2%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.29%
GM growth 5Y6.67%
2. Health
2.1 Basic Checks
MTSI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MTSI has more shares outstanding
The number of shares outstanding for MTSI has been increased compared to 5 years ago.
Compared to 1 year ago, MTSI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.71 indicates that MTSI is not in any danger for bankruptcy at the moment.
The Altman-Z score of MTSI (7.71) is better than 71.96% of its industry peers.
The Debt to FCF ratio of MTSI is 3.80, which is a good value as it means it would take MTSI, 3.80 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.80, MTSI is in line with its industry, outperforming 56.07% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that MTSI is not too dependend on debt financing.
MTSI's Debt to Equity ratio of 0.47 is on the low side compared to the rest of the industry. MTSI is outperformed by 71.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.8 | ||
| Altman-Z | 7.71 |
ROIC/WACC0.25
WACC12.24%
2.3 Liquidity
MTSI has a Current Ratio of 7.34. This indicates that MTSI is financially healthy and has no problem in meeting its short term obligations.
MTSI has a Current ratio of 7.34. This is amongst the best in the industry. MTSI outperforms 88.78% of its industry peers.
MTSI has a Quick Ratio of 5.70. This indicates that MTSI is financially healthy and has no problem in meeting its short term obligations.
MTSI has a better Quick ratio (5.70) than 86.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.34 | ||
| Quick Ratio | 5.7 |
3. Growth
3.1 Past
The earnings per share for MTSI have decreased strongly by -26.84% in the last year.
MTSI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.02% yearly.
The Revenue has decreased by -8.95% in the past year.
The Revenue has been growing slightly by 2.60% on average over the past years.
EPS 1Y (TTM)-26.84%
EPS 3Y40.67%
EPS 5Y39.02%
EPS growth Q2Q-25.32%
Revenue 1Y (TTM)-8.95%
Revenue growth 3Y6.95%
Revenue growth 5Y2.6%
Revenue growth Q2Q6.98%
3.2 Future
MTSI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.19% yearly.
The Revenue is expected to grow by 14.03% on average over the next years. This is quite good.
EPS Next Y-3.9%
EPS Next 2Y10.84%
EPS Next 3Y6.19%
EPS Next 5YN/A
Revenue Next Year11.9%
Revenue Next 2Y14.03%
Revenue Next 3Y14.03%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MTSI is valuated quite expensively with a Price/Earnings ratio of 45.10.
MTSI's Price/Earnings ratio is in line with the industry average.
MTSI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.67.
MTSI is valuated quite expensively with a Price/Forward Earnings ratio of 30.87.
MTSI's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 20.15. MTSI is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.1 | ||
| Fwd PE | 30.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MTSI is on the same level as its industry peers.
66.36% of the companies in the same industry are more expensive than MTSI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 57.37 | ||
| EV/EBITDA | 58.84 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.16
EPS Next 2Y10.84%
EPS Next 3Y6.19%
5. Dividend
5.1 Amount
No dividends for MTSI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MACOM TECHNOLOGY SOLUTIONS H
NASDAQ:MTSI (5/20/2024, 5:52:10 PM)
After market: 102.38 0 (0%)102.38
+1.53 (+1.52%)
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
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Market Cap7.38B
Analysts
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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 | 45.1 | ||
| Fwd PE | 30.87 | ||
| 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)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 6.11% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.31% | ||
| PM (TTM) | 10.03% | ||
| GM | 55.74% | ||
| 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 Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 7.34 | ||
| Quick Ratio | 5.7 | ||
| 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)-26.84%
EPS 3Y40.67%
EPS 5Y
EPS growth Q2Q
EPS Next Y-3.9%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-8.95%
Revenue growth 3Y6.95%
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
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FCF growth 3Y
FCF growth 5Y
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OCF growth 3Y
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