NOD Stock Overview
Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, markets, and sells integrated circuits, systems, and solutions for short- and long-range wireless applications in Europe, the Americas, and the Asia/Pacific.
NOD passed our risk checks.
Nordic Semiconductor Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr291.80|
|52 Week High||kr319.40|
|52 Week Low||kr119.30|
|1 Month Change||10.20%|
|3 Month Change||-4.33%|
|1 Year Change||127.97%|
|3 Year Change||940.29%|
|5 Year Change||811.88%|
|Change since IPO||40,998.59%|
Recent News & Updates
Is Now The Time To Put Nordic Semiconductor (OB:NOD) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|NOD||NO Semiconductor||NO Market|
Return vs Industry: NOD exceeded the Norwegian Semiconductor industry which returned 77.6% over the past year.
Return vs Market: NOD exceeded the Norwegian Market which returned 22.8% over the past year.
|NOD Average Weekly Movement||7.8%|
|Semiconductor Industry Average Movement||6.1%|
|Market Average Movement||5.8%|
|10% most volatile stocks in NO Market||10.5%|
|10% least volatile stocks in NO Market||3.2%|
Stable Share Price: NOD is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NOD's weekly volatility (8%) has been stable over the past year.
About the Company
Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, markets, and sells integrated circuits, systems, and solutions for short- and long-range wireless applications in Europe, the Americas, and the Asia/Pacific. The company specializes in ultra-low power components, based on its proprietary 2.4 GHz RF, Bluetooth low energy, and LTE-M and NB- Internet of Things (IoT); and develops low power cellular IoT. It also provides Bluetooth 5 solutions; low power cellular devices for the IoT; and Bluetooth 5.1 solutions for direction finding applications.
Nordic Semiconductor Fundamentals Summary
|NOD fundamental statistics|
Is NOD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NOD income statement (TTM)|
|Cost of Revenue||US$273.60m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 03, 2022
|Earnings per share (EPS)||0.33|
|Net Profit Margin||11.04%|
How did NOD perform over the long term?See historical performance and comparison
Is Nordic 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: NOD (NOK291.8) is trading below our estimate of fair value (NOK318.16)
Significantly Below Fair Value: NOD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NOD is poor value based on its PE Ratio (98x) compared to the European Semiconductor industry average (40.7x).
PE vs Market: NOD is poor value based on its PE Ratio (98x) compared to the Norwegian market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: NOD is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: NOD is overvalued based on its PB Ratio (14.2x) compared to the XE Semiconductor industry average (4.7x).
How is Nordic Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOD's forecast earnings growth (37.2% per year) is above the savings rate (1.2%).
Earnings vs Market: NOD's earnings (37.2% per year) are forecast to grow faster than the Norwegian market (11.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NOD's revenue (26.2% per year) is forecast to grow faster than the Norwegian market (6.6% per year).
High Growth Revenue: NOD's revenue (26.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOD's Return on Equity is forecast to be high in 3 years time (23.4%)
How has Nordic Semiconductor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOD has high quality earnings.
Growing Profit Margin: NOD's current net profit margins (11%) are higher than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: NOD's earnings have grown significantly by 52.5% per year over the past 5 years.
Accelerating Growth: NOD's earnings growth over the past year (154.6%) exceeds its 5-year average (52.5% per year).
Earnings vs Industry: NOD earnings growth over the past year (154.6%) exceeded the Semiconductor industry 100.8%.
Return on Equity
High ROE: NOD's Return on Equity (14.5%) is considered low.
How is Nordic Semiconductor's financial position?
Financial Position Analysis
Short Term Liabilities: NOD's short term assets ($439.6M) exceed its short term liabilities ($103.4M).
Long Term Liabilities: NOD's short term assets ($439.6M) exceed its long term liabilities ($18.1M).
Debt to Equity History and Analysis
Debt Level: NOD is debt free.
Reducing Debt: NOD has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: NOD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NOD has no debt, therefore coverage of interest payments is not a concern.
What is Nordic Semiconductor current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NOD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NOD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NOD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NOD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NOD is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NOD's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Svenn-Tore Larsen (62 yo)
Mr. Svenn-Tore Larsen has been the Chief Executive Officer of Nordic Semiconductor ASA since February 2002 and serves as it's President since March 2021. Mr. Larsen has been Director at poLight AS since Ma...
CEO Compensation Analysis
Compensation vs Market: Svenn-Tore's total compensation ($USD583.00K) is below average for companies of similar size in the Norwegian market ($USD1.15M).
Compensation vs Earnings: Svenn-Tore's compensation has been consistent with company performance over the past year.
Experienced Management: NOD's management team is considered experienced (2.9 years average tenure).
Experienced Board: NOD's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NOD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nordic Semiconductor ASA's employee growth, exchange listings and data sources
- Name: Nordic Semiconductor ASA
- Ticker: NOD
- Exchange: OB
- Founded: 1983
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: kr55.723b
- Shares outstanding: 190.96m
- Website: https://www.nordicsemi.com
Number of Employees
- Nordic Semiconductor ASA
- Otto Nielsens veg 12
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 21:42|
|End of Day Share Price||2021/12/02 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.