SITIME CORP (SITM)
US82982T1060 - Common Stock
Taking everything into account, SITM scores 5 out of 10 in our fundamental rating. SITM was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. While SITM has a great health rating, there are worries on its profitability. SITM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SITM was profitable.
SITM had a positive operating cash flow in the past year.
In multiple years SITM reported negative net income over the last 5 years.
Each year in the past 5 years SITM had a positive operating cash flow.
1.2 Ratios
SITM's Return On Assets of -8.46% is on the low side compared to the rest of the industry. SITM is outperformed by 67.92% of its industry peers.
Looking at the Return On Equity, with a value of -11.37%, SITM is doing worse than 67.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.46% | ||
| ROE | -11.37% | ||
| ROIC | N/A |
ROA(3y)-0.2%
ROA(5y)-2.57%
ROE(3y)-0.99%
ROE(5y)-4.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of SITM (57.01%) is better than 77.36% of its industry peers.
SITM's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for SITM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 57.01% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.59%
GM growth 5Y6.06%
2. Health
2.1 Basic Checks
SITM does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SITM has been increased compared to 1 year ago.
SITM has more shares outstanding than it did 5 years ago.
SITM 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
SITM has an Altman-Z score of 5.39. This indicates that SITM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SITM (5.39) is better than 63.21% of its industry peers.
SITM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.39 |
ROIC/WACCN/A
WACC12.11%
2.3 Liquidity
SITM has a Current Ratio of 5.13. This indicates that SITM is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 5.13, SITM is doing good in the industry, outperforming 77.36% of the companies in the same industry.
SITM has a Quick Ratio of 4.59. This indicates that SITM is financially healthy and has no problem in meeting its short term obligations.
SITM's Quick ratio of 4.59 is amongst the best of the industry. SITM outperforms 80.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.13 | ||
| Quick Ratio | 4.59 |
3. Growth
3.1 Past
The earnings per share for SITM have decreased strongly by -95.36% in the last year.
Measured over the past years, SITM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.52% on average per year.
The Revenue for SITM has decreased by -49.23% in the past year. This is quite bad
Measured over the past years, SITM shows a quite strong growth in Revenue. The Revenue has been growing by 11.07% on average per year.
EPS 1Y (TTM)-95.36%
EPS 3Y-23.52%
EPS 5YN/A
EPS growth Q2Q-62.5%
Revenue 1Y (TTM)-49.23%
Revenue growth 3Y7.41%
Revenue growth 5Y11.07%
Revenue growth Q2Q-30.3%
3.2 Future
SITM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 101.60% yearly.
The Revenue is expected to grow by 29.89% on average over the next years. This is a very strong growth
EPS Next Y250.4%
EPS Next 2Y222.15%
EPS Next 3Y134.46%
EPS Next 5Y101.6%
Revenue Next Year22.2%
Revenue Next 2Y26.93%
Revenue Next 3Y27.2%
Revenue Next 5Y29.89%
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
SITM is valuated quite expensively with a Price/Earnings ratio of 542.65.
Compared to the rest of the industry, the Price/Earnings ratio of SITM indicates a slightly more expensive valuation: SITM is more expensive than 66.04% of the companies listed in the same industry.
SITM is valuated expensively when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 154.87, the valuation of SITM can be described as expensive.
Based on the Price/Forward Earnings ratio, SITM is valued a bit more expensive than the industry average as 66.04% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 20.88. SITM is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 542.65 | ||
| Fwd PE | 154.87 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
SITM's earnings are expected to grow with 134.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.17
PEG (5Y)N/A
EPS Next 2Y222.15%
EPS Next 3Y134.46%
5. Dividend
5.1 Amount
SITM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SITIME CORP
NASDAQ:SITM (5/3/2024, 7:18:27 PM)
After market: 92.25 0 (0%)92.25
+1.98 (+2.19%)
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 Cap2.11B
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)
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Revenue beat(12)
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Revenue beat(16)
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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 | 542.65 | ||
| Fwd PE | 154.87 | ||
| 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)2.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.46% | ||
| ROE | -11.37% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 57.01% | ||
| 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 Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.13 | ||
| Quick Ratio | 4.59 | ||
| 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)-95.36%
EPS 3Y-23.52%
EPS 5Y
EPS growth Q2Q
EPS Next Y250.4%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-49.23%
Revenue growth 3Y7.41%
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