Maxim Integrated (MXIM)
Overall MXIM gets a fundamental rating of 3 out of 10. We evaluated MXIM against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. While MXIM seems to be doing ok healthwise, there are quite some concerns on its profitability. MXIM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MXIM was profitable.
In the past 5 years MXIM always reported negative net income.
In the past 5 years MXIM always reported negative operating cash flow.
1.2 Ratios
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.29% | ||
| ROE | 34.24% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.92% | ||
| PM (TTM) | 31.42% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MXIM 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
MXIM has an Altman-Z score of 10.57. This indicates that MXIM is financially healthy and has little risk of bankruptcy at the moment.
MXIM has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 10.57 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MXIM has a Current Ratio of 5.05. This indicates that MXIM is financially healthy and has no problem in meeting its short term obligations.
MXIM has a Quick Ratio of 4.68. This indicates that MXIM is financially healthy and has no problem in meeting its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.05 | ||
| Quick Ratio | 4.68 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.09% over the past year.
Measured over the past years, MXIM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.16% on average per year.
Looking at the last year, MXIM shows a very strong growth in Revenue. The Revenue has grown by 20.13%.
MXIM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.70% yearly.
EPS 1Y (TTM)40.09%
EPS 3Y5.48%
EPS 5Y14.16%
EPS growth Q2Q56.9%
Revenue 1Y (TTM)20.13%
Revenue growth 3Y2.01%
Revenue growth 5Y3.7%
Revenue growth Q2Q31.99%
3.2 Future
MXIM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.68% yearly.
The Revenue is expected to grow by 6.05% on average over the next years.
EPS Next Y10.34%
EPS Next 2Y7.95%
EPS Next 3Y7.64%
EPS Next 5Y5.68%
Revenue Next Year12.48%
Revenue Next 2Y8.64%
Revenue Next 3Y7.36%
Revenue Next 5Y6.05%
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
With a Price/Earnings ratio of 32.43, MXIM can be considered very expensive at the moment.
When comparing the Price/Earnings ratio of MXIM to the average of the S&P500 Index (28.11), we can say MXIM is valued inline with the index average.
The Price/Forward Earnings ratio is 29.40, which means the current valuation is very expensive for MXIM.
MXIM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 20.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.43 | ||
| Fwd PE | 29.4 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 25.34 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.14
PEG (5Y)2.29
EPS Next 2Y7.95%
EPS Next 3Y7.64%
5. Dividend
5.1 Amount
MXIM has a Yearly Dividend Yield of 1.40%.
With a Dividend Yield of 1.40, MXIM pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
5.2 History
The dividend of MXIM has a limited annual growth rate of 4.42%.
MXIM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)4.42%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
MXIM pays out 15.49% of its income as dividend. This is a sustainable payout ratio.
The dividend of MXIM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP15.49%
EPS Next 2Y7.95%
EPS Next 3Y7.64%
Maxim Integrated
NASDAQ:MXIM (8/25/2021, 7:50:07 PM)
After market: 104.74 +1.6 (+1.55%)103.14
-1.23 (-1.18%)
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 Cap27.70B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
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)
Min EPS beat(4)
Max EPS beat(4)
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)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 32.43 | ||
| Fwd PE | 29.4 | ||
| 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)3.14
PEG (5Y)2.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.29% | ||
| ROE | 34.24% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 35.92% | ||
| PM (TTM) | 31.42% | ||
| GM | N/A | ||
| 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 Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.05 | ||
| Quick Ratio | 4.68 | ||
| 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)40.09%
EPS 3Y5.48%
EPS 5Y
EPS growth Q2Q
EPS Next Y10.34%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)20.13%
Revenue growth 3Y2.01%
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