XTRA:DLG

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Dialog Semiconductor Plc develops and distributes highly integrated, mixed signal integrated circuits (ICs) for personal, portable, hand-held devices, low energy short-range wireless, LED solid-state lighting, and automotive applications worldwide. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Dialog Semiconductor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DLG is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: DLG's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.2%

DLG

-1.9%

DE Semiconductor

-2.1%

DE Market


1 Year Return

110.4%

DLG

89.6%

DE Semiconductor

17.6%

DE Market

Return vs Industry: DLG exceeded the German Semiconductor industry which returned 89.6% over the past year.

Return vs Market: DLG exceeded the German Market which returned 17.6% over the past year.


Shareholder returns

DLGIndustryMarket
7 Day-1.2%-1.9%-2.1%
30 Day23.9%8.3%2.1%
90 Day45.6%23.5%6.7%
1 Year110.4%110.4%91.1%89.6%21.3%17.6%
3 Year173.1%173.1%69.2%63.4%17.3%7.0%
5 Year93.8%93.8%214.6%200.4%42.9%22.6%

Long-Term Price Volatility Vs. Market

How volatile is Dialog Semiconductor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dialog Semiconductor undervalued compared to its fair value and its price relative to the market?

74.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DLG (€64.4) is trading above our estimate of fair value (€52.92)

Significantly Below Fair Value: DLG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DLG is good value based on its PE Ratio (74.8x) compared to the DE Semiconductor industry average (80.7x).

PE vs Market: DLG is poor value based on its PE Ratio (74.8x) compared to the German market (24.7x).


Price to Earnings Growth Ratio

PEG Ratio: DLG is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: DLG's PB Ratio (3.4x) is in line with the DE Semiconductor industry average.


Next Steps

Future Growth

How is Dialog Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

34.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DLG's forecast earnings growth (34.3% per year) is above the savings rate (0.07%).

Earnings vs Market: DLG's earnings (34.3% per year) are forecast to grow faster than the German market (22.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DLG's revenue (7.3% per year) is forecast to grow faster than the German market (6.1% per year).

High Growth Revenue: DLG's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DLG's Return on Equity is forecast to be low in 3 years time (12.3%).


Next Steps

Past Performance

How has Dialog Semiconductor performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DLG has a large one-off loss of $92.2M impacting its September 25 2020 financial results.

Growing Profit Margin: DLG's current net profit margins (5.4%) are lower than last year (19.4%).


Past Earnings Growth Analysis

Earnings Trend: DLG's earnings have declined by 1.3% per year over the past 5 years.

Accelerating Growth: DLG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DLG had negative earnings growth (-77.3%) over the past year, making it difficult to compare to the Semiconductor industry average (-48.8%).


Return on Equity

High ROE: DLG's Return on Equity (4.6%) is considered low.


Next Steps

Financial Health

How is Dialog Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: DLG's short term assets ($781.8M) exceed its short term liabilities ($369.1M).

Long Term Liabilities: DLG's short term assets ($781.8M) exceed its long term liabilities ($150.0M).


Debt to Equity History and Analysis

Debt Level: DLG is debt free.

Reducing Debt: DLG currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: DLG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DLG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Dialog Semiconductor current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DLG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DLG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DLG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DLG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DLG's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Jalal Bagherli

15.42yrs

Tenure

US$5,102,865

Compensation

Dr. Jalal Bagherli has been the Chief Executive Officer and Executive Director of Dialog Semiconductor Plc since September 12, 2005. Dr. Bagherli has extensive experience in the semiconductor industry with...


CEO Compensation Analysis

Compensation vs Market: Jalal's total compensation ($USD5.10M) is above average for companies of similar size in the German market ($USD3.49M).

Compensation vs Earnings: Jalal's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jalal Bagherli
CEO & Executive Director15.42yrsUS$5.10mno data
Wissam Jabre
CFO & Senior VP of Finance4.92yrsno datano data
Alexander McCann
Senior Vice President of Global Operations1.75yrsno datano data
Jose Cano
Head of Investor Relationsno datano datano data
Colin Sturt
Senior VP & General Counsel5.33yrsno datano data
Mark Tyndall
Senior VP of Corporate Development & Strategy and GM of the Industrial IoT Business Groupno datano datano data
John Teegen
Senior Vice President of Worldwide Sales1.92yrsno datano data
Julie Pope
Senior Vice President of Human Resourcesno datano datano data
Sean McGrath
Senior VP and GM of Connectivity & Audio Business Group8.25yrsno datano data
Vivek Bhan
Senior VP & GM of Custom Mixed Signal (CMS) Business Groupno datano datano data
Davin Lee
Senior VP & GM of Advanced Mixed Signal Business Group6.58yrsno datano data
Tom Sandoval
Senior Vice President of Automotive Segment2.08yrsno datano data

5.1yrs

Average Tenure

50yo

Average Age

Experienced Management: DLG's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jalal Bagherli
CEO & Executive Director15.42yrsUS$5.10mno data
Richard Beyer
Independent Chairman7.58yrsUS$293.83kno data
Michael Cannon
Independent Non-Executive Director8yrsUS$234.95kno data
Joanne Curin
Independent Non-executive Director1.58yrsUS$99.08kno data
Nicholas Jeffery
Independent Non-Executive Director4.58yrsUS$226.01kno data
Alan Campbell
Independent Non-Executive Director5.83yrsUS$237.19kno data
Eamonn Francis O'Hare
Independent Non-Executive Director6.75yrsUS$221.88kno data
Mary Shio Chan
Independent Non-Executive Director4.17yrsUS$225.64kno data

6.3yrs

Average Tenure

62yo

Average Age

Experienced Board: DLG's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dialog Semiconductor Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dialog Semiconductor Plc
  • Ticker: DLG
  • Exchange: XTRA
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: €4.552b
  • Shares outstanding: 70.69m
  • Website: https://www.dialog-semiconductor.com

Number of Employees


Location

  • Dialog Semiconductor Plc
  • 100 Longwater Avenue
  • Green Park
  • Reading
  • Berkshire
  • RG2 6GP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DLGDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1999
DLGXTRA (XETRA Trading Platform)YesOrdinary SharesDEEUROct 1999
DLGN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 1999
0OLNLSE (London Stock Exchange)YesOrdinary SharesGBEUROct 1999
DLGDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEUROct 1999
DLGWBAG (Wiener Boerse AG)YesOrdinary SharesATEUROct 1999
DLGETLX (Eurotlx)YesOrdinary SharesITEUROct 1999
DLG NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNOct 1999

Biography

Dialog Semiconductor Plc develops and distributes highly integrated, mixed signal integrated circuits (ICs) for personal, portable, hand-held devices, low energy short-range wireless, LED solid-state light...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 19:51
End of Day Share Price2021/02/26 00:00
Earnings2020/09/25
Annual Earnings2019/12/31


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.