Dialog Semiconductor
Market Cap
€1.7b
Last Updated
2020/04/01 01:50 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -30.1% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and undervalued.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.9%
DLG
3.6%
DE Semiconductor
2.2%
DE Market
1 Year Return
-15.0%
DLG
-24.4%
DE Semiconductor
-17.2%
DE Market
Return vs Industry: DLG exceeded the German Semiconductor industry which returned -20.3% over the past year.
Return vs Market: DLG exceeded the German Market which returned -17.7% over the past year.
Shareholder returns
| DLG | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.9% | 3.6% | 2.2% |
| 30 Day | -20.7% | -25.7% | -15.7% |
| 90 Day | -47.5% | -33.4% | -24.0% |
| 1 Year | -15.0%-15.0% | -23.2%-24.4% | -14.9%-17.2% |
| 3 Year | -48.4%-48.4% | -22.6%-25.2% | -16.4%-23.3% |
| 5 Year | -40.8%-40.8% | 14.1%8.4% | -16.5%-27.8% |
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
6 days ago | Simply Wall St
Does Dialog Semiconductor Plc's (ETR:DLG) CEO Salary Compare Well With Others?2 months ago | Simply Wall St
Should You Be Excited About Dialog Semiconductor Plc's (ETR:DLG) 21% Return On Equity?2 months ago | Simply Wall St
Are Dialog Semiconductor Plc’s (ETR:DLG) High Returns Really That Great?Valuation
Is Dialog Semiconductor undervalued compared to its fair value and its price relative to the market?
23.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DLG (€24.06) is trading below our estimate of fair value (€32.21)
Significantly Below Fair Value: DLG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DLG is good value based on its PE Ratio (6.3x) compared to the Semiconductor industry average (18.8x).
PE vs Market: DLG is good value based on its PE Ratio (6.3x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: DLG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DLG is good value based on its PB Ratio (1.2x) compared to the DE Semiconductor industry average (1.4x).
Next Steps
Future Growth
How is Dialog Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
-30.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLG's earnings are forecast to decline over the next 3 years (-30.1% per year).
Earnings vs Market: DLG's earnings are forecast to decline over the next 3 years (-30.1% per year).
High Growth Earnings: DLG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DLG's revenue is expected to decline over the next 3 years (-5.1% per year).
High Growth Revenue: DLG's revenue is forecast to decline over the next 3 years (-5.1% 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 (9.5%).
Next Steps
Past Performance
How has Dialog Semiconductor performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DLG has high quality earnings.
Growing Profit Margin: DLG's current net profit margins (19.2%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: DLG's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: DLG's earnings growth over the past year (115.6%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: DLG earnings growth over the past year (115.6%) exceeded the Semiconductor industry -30.8%.
Return on Equity
High ROE: DLG's Return on Equity (19.2%) 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 ($1.3B) exceed its short term liabilities ($373.4M).
Long Term Liabilities: DLG's short term assets ($1.3B) exceed its long term liabilities ($231.0M).
Debt to Equity History and Analysis
Debt Level: DLG is debt free.
Reducing Debt: DLG has no debt compared to 5 years ago when its debt to equity ratio was 28.9%.
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
Inventory Level: DLG has a low level of unsold assets or inventory.
Debt Coverage by Assets: DLG's debt is not covered by short term assets (assets are -1.8378725645587E+17x debt).
Next Steps
Dividend
What is Dialog Semiconductor's 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 payouts.
High Dividend: Unable to evaluate DLG's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
4.3yrs
Average management tenure
CEO
Jalal Bagherli
14.58s
Tenure
US$2,517,223
Compensation
Dr. Jalal Bagherli has been the Chief Executive Officer and Executive Director of Dialog Semiconductor Plc since September 12, 2005. Dr. Bagherli has extensive experience in the semiconductor industry with ...
CEO Compensation Analysis
Compensation vs Market: Jalal's total compensation ($USD2.52M) is above average for companies of similar size in the German market ($USD1.86M).
Compensation vs Earnings: Jalal's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 14.58yrs | US$2.52m | 0.56% $9.8m | |
| CFO & Senior VP of Finance | 4.08yrs | no data | no data | |
| Senior Vice President of Global Operations | 0.92yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP & General Counsel | 4.5yrs | no data | no data | |
| Senior Vice President of Corporate Development & Strategy | no data | no data | no data | |
| Senior Vice President Worldwide Sales | 1.25yrs | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior VP and GM of Connectivity & Audio Business Group | 7.42yrs | no data | no data | |
| Senior VP & GM of Custom Mixed Signal (CMS) Business Group | no data | no data | no data |
4.3yrs
Average Tenure
Experienced Management: DLG's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 14.58yrs | US$2.52m | 0.56% $9.8m | |
| Independent Chairman | 6.75yrs | US$265.89k | 0.016% $284.1k | |
| Independent Non-Executive Director | 7.17yrs | US$209.48k | 0.012% $214.2k | |
| Independent Non-executive Director | 0.75yr | no data | no data | |
| Independent Non-Executive Director | 3.75yrs | US$202.05k | 0.0074% $128.5k | |
| Independent Non-Executive Director | 5yrs | US$215.66k | 0.012% $207.6k | |
| Independent Non-Executive Director | 6.08yrs | US$197.75k | 0.016% $270.9k | |
| Independent Non-Executive Director | 3.33yrs | US$204.18k | 0.0098% $170.7k |
5.5yrs
Average Tenure
61yo
Average Age
Experienced Board: DLG's board of directors are considered experienced (5.5 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.
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: 1986
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: €1.739b
- Shares outstanding: 70.56m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DLG | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 1999 |
| DLG | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Oct 1999 |
| DLGN.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 1999 |
| 0OLN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Oct 1999 |
| DLGD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Oct 1999 |
| DLG | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Oct 1999 |
| DLG | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | Oct 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 lighting, and automotive applications worldwide. The company operates through four segments: Mobile Systems, Automotive & Industrial, Connectivity, and Advanced Mixed Signal. It offers power management integrated circuits (PMICs), sub-PMICs, charger ICs, automotive grade PMICs, and audio codecs; and AC/DC rapid charge adapters, converters, power adapters, and embedded networking converters, as well as configurable mixed-signal ICs, and SSL LED and backlight drivers. The company also provides Bluetooth low energy ICs, voice over DECT, and digital audio and audio codec ICs; and motor control ICS and ASIC controllers. It has a partnership with UNISOC to develop the SC2703, an optimized high-performance power management integrated circuit. Dialog Semiconductor Plc was founded in 1986 and is headquartered in Reading, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/01 01:50 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.