QUICKLOGIC CORP (QUIK)
US74837P4054 - Common Stock
Taking everything into account, QUIK scores 3 out of 10 in our fundamental rating. QUIK was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of QUIK have multiple concerns. QUIK is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year QUIK was profitable.
In the past year QUIK had a positive cash flow from operations.
In the past 5 years QUIK always reported negative net income.
In the past 5 years QUIK reported 4 times negative operating cash flow.
1.2 Ratios
QUIK has a Return On Assets of -0.56%. This is comparable to the rest of the industry: QUIK outperforms 45.28% of its industry peers.
QUIK's Return On Equity of -1.57% is in line compared to the rest of the industry. QUIK outperforms 46.23% of its industry peers.
QUIK's Return On Invested Capital of 0.13% is in line compared to the rest of the industry. QUIK outperforms 44.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -1.57% | ||
| ROIC | 0.13% |
ROA(3y)-12.16%
ROA(5y)-23.32%
ROE(3y)-36.47%
ROE(5y)-62.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
QUIK's Operating Margin of 0.31% is in line compared to the rest of the industry. QUIK outperforms 42.45% of its industry peers.
QUIK has a Gross Margin of 68.34%. This is amongst the best in the industry. QUIK outperforms 89.62% of its industry peers.
In the last couple of years the Gross Margin of QUIK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.31% | ||
| PM (TTM) | N/A | ||
| GM | 68.34% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.54%
GM growth 5Y6.4%
2. Health
2.1 Basic Checks
QUIK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
QUIK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for QUIK has been increased compared to 5 years ago.
The debt/assets ratio for QUIK has been reduced compared to a year ago.
2.2 Solvency
QUIK has an Altman-Z score of -4.71. This is a bad value and indicates that QUIK is not financially healthy and even has some risk of bankruptcy.
QUIK's Altman-Z score of -4.71 is on the low side compared to the rest of the industry. QUIK is outperformed by 82.08% of its industry peers.
QUIK has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.27, QUIK is doing worse than 83.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -4.71 |
ROIC/WACC0.01
WACC11.23%
2.3 Liquidity
QUIK has a Current Ratio of 1.17. This is a normal value and indicates that QUIK is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.17, QUIK is not doing good in the industry: 87.74% of the companies in the same industry are doing better.
A Quick Ratio of 1.10 indicates that QUIK should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.10, QUIK is not doing good in the industry: 79.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 188.24% over the past year.
The Revenue has grown by 30.99% in the past year. This is a very strong growth!
The Revenue has been growing by 10.91% on average over the past years. This is quite good.
EPS 1Y (TTM)188.24%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q550%
Revenue 1Y (TTM)30.99%
Revenue growth 3Y34.93%
Revenue growth 5Y10.91%
Revenue growth Q2Q83.31%
3.2 Future
The Earnings Per Share is expected to grow by 98.42% on average over the next years. This is a very strong growth
QUIK is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 28.06% yearly.
EPS Next Y126.1%
EPS Next 2Y98.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year30.81%
Revenue Next 2Y28.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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
With a Price/Earnings ratio of 95.53, QUIK can be considered very expensive at the moment.
Based on the Price/Earnings ratio, QUIK is valued a bit more expensive than the industry average as 61.32% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of QUIK to the average of the S&P500 Index (24.92), we can say QUIK is valued expensively.
The Price/Forward Earnings ratio is 42.25, which means the current valuation is very expensive for QUIK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QUIK is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, QUIK is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 95.53 | ||
| Fwd PE | 42.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of QUIK indicates a slightly more expensive valuation: QUIK is more expensive than 60.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 87.91 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
QUIK's earnings are expected to grow with 98.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y98.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
QUIK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
QUICKLOGIC CORP
NASDAQ:QUIK (4/26/2024, 7:12:33 PM)
After market: 14.33 0 (0%)14.33
+1.2 (+9.14%)
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 Cap206.07M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)
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Min Revenue beat(4)
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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 | 95.53 | ||
| Fwd PE | 42.25 | ||
| 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)0.76
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -1.57% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.31% | ||
| PM (TTM) | N/A | ||
| GM | 68.34% | ||
| 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 Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.1 | ||
| 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)188.24%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y126.1%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)30.99%
Revenue growth 3Y34.93%
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