MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications.
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has MagnaChip Semiconductor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SMG exceeded the German Semiconductor industry which returned 21% over the past year.
Return vs Market: SMG exceeded the German Market which returned -2.6% over the past year.
Price Volatility Vs. Market
How volatile is MagnaChip Semiconductor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MagnaChip Semiconductor undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMG (€9.75) is trading below our estimate of fair value (€135.43)
Significantly Below Fair Value: SMG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMG is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: SMG is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SMG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMG has negative assets, so we can't compare its PB Ratio to the DE Semiconductor industry average.
How is MagnaChip Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SMG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SMG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SMG's revenue is expected to decline over the next 3 years (-19.1% per year).
High Growth Revenue: SMG's revenue is forecast to decline over the next 3 years (-19.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SMG's Return on Equity is forecast to be high in 3 years time
How has MagnaChip Semiconductor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMG is currently unprofitable.
Growing Profit Margin: SMG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMG is unprofitable, but has reduced losses over the past 5 years at a rate of 44.3% per year.
Accelerating Growth: Unable to compare SMG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMG is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.5%).
Return on Equity
High ROE: SMG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is MagnaChip Semiconductor's financial position?
Financial Position Analysis
Short Term Liabilities: SMG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SMG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SMG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SMG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SMG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SMG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.9% per year.
What is MagnaChip Semiconductor's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMG'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 SMG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMG'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 SMG's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
YJ Kim (54yo)
Mr. Young-Joon Kim, also known as YJ, has been the Chief Executive Officer of MagnaChip Semiconductor Corporation since May 28, 2015 and was its General Manager of Foundry Services Group. He served as an A ...
CEO Compensation Analysis
Compensation vs Market: YJ's total compensation ($USD2.16M) is above average for companies of similar size in the German market ($USD1.08M).
Compensation vs Earnings: YJ's compensation has been consistent with company performance over the past year.
|CEO & Director||5yrs||US$2.16m||0.65% $2.3m|
|Chief Compliance Officer||5yrs||US$1.19m||0.33% $1.2m|
|Executive VP & GM of Standard Products Group||4.5yrs||US$934.03k||0.31% $1.1m|
|Chief Financial Officer||no data||no data||no data|
|Chief Accounting Officer||0.17yr||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Director of Public Relations||no data||no data||no data|
|Senior Vice President of Manufacturing Operations||no data||no data||no data|
|Chief of Strategic Planning||1.58yrs||no data||no data|
Experienced Management: SMG's management team is considered experienced (3 years average tenure).
|CEO & Director||5yrs||US$2.16m||0.65% $2.3m|
|Independent Director||3.75yrs||US$305.00k||0.029% $101.6k|
|Independent Director||3.75yrs||US$320.00k||0.051% $181.0k|
|Independent Director||8.75yrs||US$285.00k||0.045% $158.0k|
|Independent Non-Executive Chairman||1.5yrs||US$375.00k||0.27% $959.2k|
|Independent Director||4.75yrs||US$335.00k||0.015% $54.4k|
Experienced Board: SMG's board of directors are considered experienced (4.3 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
MagnaChip Semiconductor Corporation's company bio, employee growth, exchange listings and data sources
- Name: MagnaChip Semiconductor Corporation
- Ticker: SMG
- Exchange: DB
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$387.471m
- Listing Market Cap: US$352.715m
- Shares outstanding: 35.07m
- Website: https://www.magnachip.com
Number of Employees
- MagnaChip Semiconductor Corporation
- 1, Allee Scheffer
- Luxembourg City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Mar 2011|
|SMG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2011|
MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. The company operates through two segments, Foundry Services Group and Standard Products Group. The Foundry Services Group segment provides analog and mixed-signal foundry services for fabless and integrated device manufacturer semiconductor companies to manufacture a range of products, including display drivers, light emitting diode (LED) drivers, audio encoding and decoding devices, microcontrollers, touch screen controllers, RF switches, park distance control sensors for automotive, electronic tag memories, and power management semiconductors. The Standard Products Group segment offers display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in ultra-high definition, high definition, full high definition, LED, 3D and organic light emitting diodes televisions and displays, notebooks, and mobile communications and entertainment devices. This segment also offers power management semiconductor products, such as metal oxide semiconductor field effect transistors, insulated gate bipolar transistors, DC-DC converters, LED drivers, SSD PMIC products, and switching and linear regulators for televisions, smartphones, mobile phones, desktop PCs, notebooks, tablet PCs, other consumer electronics, and consumer appliances, as well as for industrial applications. It serves consumer, computing, and industrial electronics original equipment manufacturers; original design manufacturers; and electronics manufacturing services companies, as well as subsystem designers. The company sells its products through a direct sales force, as well as through a network of agents and distributors worldwide. MagnaChip Semiconductor Corporation is based in Luxembourg City, Luxembourg.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 04:16|
|End of Day Share Price||2020/05/26 00:00|
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.