WBAG:MXIM

Stock Analysis Report

Maxim Integrated Products

Executive Summary

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, the rest of Asia, Europe, and internationally.

Snowflake

Fundamentals

Outstanding track record established dividend payer.


Similar Companies

Share Price & News

How has Maxim Integrated Products's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.1%

WBAG:MXIM

0%

AT Semiconductor

0.08%

AT Market


1 Year Return

-4.3%

WBAG:MXIM

0%

AT Semiconductor

-8.2%

AT Market

MXIM outperformed the Semiconductor industry which returned -22.8% over the past year.

MXIM outperformed the Market in Austria which returned -8.2% over the past year.


Share holder returns

MXIMIndustryMarket
7 Day1.1%0%0.08%
30 Day3.4%0%-2.4%
90 Day5.5%0%-1.9%
1 Year-1.1%-4.3%0%0%-4.9%-8.2%
3 Yearn/a0%0%54.8%41.2%
5 Yearn/a0%0%36.1%17.4%

Price Volatility Vs. Market

How volatile is Maxim Integrated Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Maxim Integrated Products undervalued based on future cash flows and its price relative to the stock market?

23.71x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Maxim Integrated Products's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Maxim Integrated Products's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Maxim Integrated Products is good value based on earnings compared to the Europe Semiconductor industry average.

Maxim Integrated Products is overvalued based on earnings compared to the Austria market.


Price Based on Expected Growth

Maxim Integrated Products is poor value based on expected growth next year.


Price Based on Value of Assets

Maxim Integrated Products is overvalued based on assets compared to the Europe Semiconductor industry average.


Next Steps

Future Growth

How is Maxim Integrated Products expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Maxim Integrated Products's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).

Maxim Integrated Products's earnings are expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).

Maxim Integrated Products's revenue growth is expected to exceed the Austria market average.

Maxim Integrated Products's earnings growth is expected to exceed the Austria market average.

Maxim Integrated Products's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Maxim Integrated Products is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Maxim Integrated Products performed over the past 5 years?

20.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Maxim Integrated Products has delivered over 20% year on year earnings growth in the past 5 years.

Maxim Integrated Products's 1-year earnings growth exceeds its 5-year average (50.1% vs 20.5%)

Maxim Integrated Products's earnings growth has exceeded the Europe Semiconductor industry average in the past year (50.1% vs -16.3%).


Return on Equity

Maxim Integrated Products has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Maxim Integrated Products used its assets more efficiently than the Europe Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Maxim Integrated Products has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Maxim Integrated Products's financial position?


Financial Position Analysis

Maxim Integrated Products is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Maxim Integrated Products's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Maxim Integrated Products's level of debt (59.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (41.8% vs 59.7% today).

Debt is well covered by operating cash flow (79.1%, greater than 20% of total debt).

Maxim Integrated Products earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.6x debt.


Next Steps

Dividend

What is Maxim Integrated Products's current dividend yield, its reliability and sustainability?

3.31%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Maxim Integrated Products's pays a higher dividend yield than the bottom 25% of dividend payers in Austria (1.42%).

Maxim Integrated Products's dividend is below the markets top 25% of dividend payers in Austria (4.45%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.5x coverage).


Next Steps

Management

What is the CEO of Maxim Integrated Products's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Tunç Doluca (60yo)

12.4yrs

Tenure

US$8,085,050

Compensation

Mr. Tunç Doluca has been the President and the Chief Executive Officer of Maxim Integrated Products, Inc. since January 1, 2007. Mr. Doluca served as Group President of Maxim Integrated Products Inc., sinc ...


CEO Compensation Analysis

Insufficient data for Tunç to establish whether their remuneration is reasonable compared to companies of similar size in .

Tunç's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.8yrs

Average Tenure

57.5yo

Average Age

The average tenure for the Maxim Integrated Products management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.8yrs

Average Tenure

63yo

Average Age

The average tenure for the Maxim Integrated Products board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Maxim Integrated Products insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell€258,66612 Jun 19
Bruce Kiddoo
EntityIndividual
Role
CFO, SVP & Principal Accounting Officer
Shares5,000
Max Price€51.73
Sell€229,84107 May 19
Vivek Jain
EntityIndividual
Role
Senior Vice President of Technology & Manufacturing Group
Shares4,246
Max Price€54.13
Sell€647,00519 Mar 19
David Loftus
EntityIndividual
Role
Vice President of Worldwide Sales & Marketing
Shares13,614
Max Price€47.52
Sell€21,07706 Mar 19
Sumeet Gagneja
EntityIndividual
Shares430
Max Price€49.02
Sell€194,23408 Feb 19
James Bergman
EntityIndividual
Role
Member of the Board of Directors
Shares3,910
Max Price€49.68
Sell€238,07705 Feb 19
Joseph Bronson
EntityIndividual
Role
Member of the Board of Directors
Shares5,000
Max Price€47.62
Sell€43,65917 Dec 18
Bryan Preeshl
EntityIndividual
Role
Senior Vice President of Quality
Shares924
Max Price€47.25
Sell€135,14114 Dec 18
Tracy Accardi
EntityIndividual
Role
Member of the Board of Directors
Shares2,830
Max Price€47.75
Sell€25,82606 Dec 18
Sumeet Gagneja
EntityIndividual
Shares517
Max Price€49.95
Sell€205,41220 Nov 18
James Bergman
EntityIndividual
Role
Member of the Board of Directors
Shares4,400
Max Price€46.68
Sell€342,93113 Sep 18
David Loftus
EntityIndividual
Role
Vice President of Worldwide Sales & Marketing
Shares6,623
Max Price€51.98
Sell€254,05212 Sep 18
Joseph Bronson
EntityIndividual
Role
Member of the Board of Directors
Shares5,000
Max Price€50.81
Sell€73,54227 Aug 18
Bryan Preeshl
EntityIndividual
Role
Senior Vice President of Quality
Shares1,371
Max Price€53.64
Sell€25,10820 Aug 18
Sumeet Gagneja
EntityIndividual
Shares471
Max Price€53.31
Sell€25,67914 Aug 18
Vivek Jain
EntityIndividual
Role
Senior Vice President of Technology & Manufacturing Group
Shares474
Max Price€54.17
Sell€422,50609 Aug 18
Edwin Medlin
EntityIndividual
Role
Senior VP & General Counsel
Shares7,768
Max Price€54.39

Ownership Breakdown


Management Team

  • Vivek Jain (58yo)

    Senior Vice President of Technology & Manufacturing Group

    • Tenure: 10.0yrs
    • Compensation: $2.48m
  • Laura Owen (62yo)

    Chief Human Resources Officer

    • Tenure: 2.4yrs
  • Bryan Preeshl (56yo)

    Senior Vice President of Quality

    • Tenure: 3.4yrs
  • Tunç Doluca (60yo)

    President

    • Tenure: 12.4yrs
    • Compensation: $8.09m
  • Dave Dwelley

    VP & Chief Technical Officer

    • Tenure: 2.4yrs
  • David Loftus (57yo)

    Vice President of Worldwide Sales & Marketing

    • Tenure: 3.6yrs
    • Compensation: $3.08m
  • Bruce Kiddoo (57yo)

    CFO, SVP & Principal Accounting Officer

    • Tenure: 10.7yrs
    • Compensation: $3.23m
  • Kathy Ta

    Vice President of Investor Relations

  • Ed Medlin (61yo)

    Senior VP & General Counsel

    • Tenure: 8.8yrs
    • Compensation: $2.45m
  • Chris Neil (52yo)

    Senior Vice President of New Ventures

    • Tenure: 7.8yrs
    • Compensation: $1.47m

Board Members

  • Bob Grady (61yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: $310.78k
  • Tunç Doluca (60yo)

    President

    • Tenure: 12.4yrs
    • Compensation: $8.09m
  • Bill Watkins (65yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: $302.28k
  • Bill Sullivan (68yo)

    Chairman

    • Tenure: 3.1yrs
    • Compensation: $351.28k
  • Joe Bronson (70yo)

    Independent Director

    • Tenure: 11.6yrs
    • Compensation: $324.28k
  • Jim Bergman (76yo)

    Independent Director

    • Tenure: 31.4yrs
    • Compensation: $322.28k
  • Tracy Accardi (58yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: $298.78k
  • MaryAnn Wright (56yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: $296.28k

Company Information

Maxim Integrated Products, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maxim Integrated Products, Inc.
  • Ticker: MXIM
  • Exchange: WBAG
  • Founded: 1983
  • Industry: semiconductors
  • Sector: semiconductors
  • Market Cap: US$15.269b
  • Listing Market Cap: US$13.607b
  • Shares outstanding: 272.43m
  • Website: Click here

Number of Employees


Location

  • Maxim Integrated Products, Inc.
  • 160 Rio Robles
  • San Jose
  • California
  • 95134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MXIMNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1970
MXIDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1970
MXIMWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1970

Biography

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, the rest of Asia, Europe, and internationall ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/15 21:57
End of Day Share Price2019/06/14 00:00
Earnings2019/03/30
Annual Earnings2018/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.