SKYWATER TECHNOLOGY INC (SKYT) Stock Fundamental Analysis
USA - NASDAQ:SKYT - US83089J1088 - Common Stock
16.92 USD
-0.38 (-2.2%)
17.15 USD
+0.23 (+1.36%)
Overall SKYT gets a fundamental rating of 3 out of 10. We evaluated SKYT against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of SKYT have multiple concerns. While showing a medium growth rate, SKYT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SKYT has reported negative net income.
SKYT had a positive operating cash flow in the past year.
SKYT had negative earnings in each of the past 5 years.
In multiple years SKYT reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of -4.93%, SKYT is not doing good in the industry: 65.18% of the companies in the same industry are doing better.
The Return On Equity of SKYT (-36.45%) is worse than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.93% | ||
| ROE | -36.45% | ||
| ROIC | N/A |
ROA(3y)-8.27%
ROA(5y)-10.38%
ROE(3y)-47.59%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SKYT has a Gross Margin of 22.33%. This is amonst the worse of the industry: SKYT underperforms 81.25% of its industry peers.
SKYT's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for SKYT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.33% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y76.73%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
SKYT does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SKYT has been increased compared to 1 year ago.
SKYT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SKYT has a worse debt to assets ratio.
2.2 Solvency
SKYT has an Altman-Z score of 1.97. This is not the best score and indicates that SKYT is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of SKYT (1.97) is worse than 66.96% of its industry peers.
SKYT has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.84, SKYT is doing good in the industry, outperforming 69.64% of the companies in the same industry.
A Debt/Equity ratio of 0.96 indicates that SKYT is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.96, SKYT is doing worse than 84.82% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for SKYT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 1.84 | ||
| Altman-Z | 1.97 |
ROIC/WACCN/A
WACC11.78%
2.3 Liquidity
A Current Ratio of 1.06 indicates that SKYT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.06, SKYT is doing worse than 90.18% of the companies in the same industry.
A Quick Ratio of 0.97 indicates that SKYT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.97, SKYT is doing worse than 86.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
SKYT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.67%, which is quite impressive.
SKYT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.53%.
The Revenue has been growing by 20.15% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)41.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-650%
Revenue 1Y (TTM)-10.53%
Revenue growth 3Y28.11%
Revenue growth 5Y20.15%
Sales Q2Q%-36.72%
3.2 Future
Based on estimates for the next years, SKYT will show a very negative growth in Earnings Per Share. The EPS will decrease by -98.44% on average per year.
The Revenue is expected to grow by 22.18% on average over the next years. This is a very strong growth
EPS Next Y-889.48%
EPS Next 2Y-184.18%
EPS Next 3Y-98.44%
EPS Next 5YN/A
Revenue Next Year22.44%
Revenue Next 2Y32.8%
Revenue Next 3Y22.18%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
SKYT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year SKYT is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
SKYT's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SKYT is valued cheaply inside the industry as 86.61% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.11 | ||
| EV/EBITDA | 55.5 |
4.3 Compensation for Growth
SKYT's earnings are expected to decrease with -98.44% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-184.18%
EPS Next 3Y-98.44%
5. Dividend
5.1 Amount
No dividends for SKYT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.92
-0.38 (-2.2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners35.24%
Inst Owner Change-1.9%
Ins Owners12.37%
Ins Owner Change-57.07%
Market Cap815.21M
Revenue(TTM)289.66M
Net Income(TTM)-16490000
Analysts80
Price Target13.46 (-20.45%)
Short Float %13.5%
Short Ratio2.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)39.74%
Min EPS beat(2)38.73%
Max EPS beat(2)40.75%
EPS beat(4)4
Avg EPS beat(4)206.32%
Min EPS beat(4)38.73%
Max EPS beat(4)584.14%
EPS beat(8)7
Avg EPS beat(8)129.79%
EPS beat(12)10
Avg EPS beat(12)99.21%
EPS beat(16)13
Avg EPS beat(16)69.06%
Revenue beat(2)1
Avg Revenue beat(2)-0.39%
Min Revenue beat(2)-1.55%
Max Revenue beat(2)0.77%
Revenue beat(4)1
Avg Revenue beat(4)-0.94%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)0.77%
Revenue beat(8)4
Avg Revenue beat(8)1.72%
Revenue beat(12)8
Avg Revenue beat(12)3.58%
Revenue beat(16)11
Avg Revenue beat(16)3.17%
PT rev (1m)0%
PT rev (3m)20%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-715.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-388.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)65.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)37.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.81 | ||
| P/FCF | 20.11 | ||
| P/OCF | 12.11 | ||
| P/B | 18.02 | ||
| P/tB | 22.16 | ||
| EV/EBITDA | 55.5 |
EPS(TTM)-0.07
EYN/A
EPS(NY)-0.36
Fwd EYN/A
FCF(TTM)0.84
FCFY4.97%
OCF(TTM)1.4
OCFY8.26%
SpS6.01
BVpS0.94
TBVpS0.76
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.93% | ||
| ROE | -36.45% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.33% | ||
| FCFM | 14% |
ROA(3y)-8.27%
ROA(5y)-10.38%
ROE(3y)-47.59%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y76.73%
GM growth 5Y1.91%
F-Score6
Asset Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 1.84 | ||
| Debt/EBITDA | 2.82 | ||
| Cap/Depr | 143.98% | ||
| Cap/Sales | 9.25% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 435.25% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.97 |
F-Score6
WACC11.78%
ROIC/WACCN/A
Cap/Depr(3y)52.8%
Cap/Depr(5y)150.28%
Cap/Sales(3y)5.05%
Cap/Sales(5y)19.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)41.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-650%
EPS Next Y-889.48%
EPS Next 2Y-184.18%
EPS Next 3Y-98.44%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.53%
Revenue growth 3Y28.11%
Revenue growth 5Y20.15%
Sales Q2Q%-36.72%
Revenue Next Year22.44%
Revenue Next 2Y32.8%
Revenue Next 3Y22.18%
Revenue Next 5YN/A
EBIT growth 1Y71.34%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year116.29%
EBIT Next 3Y92.1%
EBIT Next 5YN/A
FCF growth 1Y222.13%
FCF growth 3YN/A
FCF growth 5Y29.86%
OCF growth 1Y465.97%
OCF growth 3YN/A
OCF growth 5Y11.07%
SKYWATER TECHNOLOGY INC / SKYT FAQ
What is the ChartMill fundamental rating of SKYWATER TECHNOLOGY INC (SKYT) stock?
ChartMill assigns a fundamental rating of 3 / 10 to SKYT.
Can you provide the valuation status for SKYWATER TECHNOLOGY INC?
ChartMill assigns a valuation rating of 2 / 10 to SKYWATER TECHNOLOGY INC (SKYT). This can be considered as Overvalued.
Can you provide the profitability details for SKYWATER TECHNOLOGY INC?
SKYWATER TECHNOLOGY INC (SKYT) has a profitability rating of 1 / 10.
What is the financial health of SKYWATER TECHNOLOGY INC (SKYT) stock?
The financial health rating of SKYWATER TECHNOLOGY INC (SKYT) is 3 / 10.