Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. More Details
Established dividend payer with proven track record.
Share Price & News
How has Analog Devices's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ADI's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ADI underperformed the US Semiconductor industry which returned 54.5% over the past year.
Return vs Market: ADI exceeded the US Market which returned 36.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Analog Devices's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAnalog Devices (NASDAQ:ADI) Could Easily Take On More Debt
3 weeks ago | Simply Wall StA Look At The Fair Value Of Analog Devices, Inc. (NASDAQ:ADI)
1 month ago | Simply Wall StAre Insiders Selling Analog Devices, Inc. (NASDAQ:ADI) Stock?
Is Analog Devices 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: ADI ($166.54) is trading below our estimate of fair value ($178.62)
Significantly Below Fair Value: ADI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ADI is poor value based on its PE Ratio (39.4x) compared to the US Semiconductor industry average (33.6x).
PE vs Market: ADI is poor value based on its PE Ratio (39.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: ADI is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: ADI is overvalued based on its PB Ratio (5x) compared to the US Semiconductor industry average (4.5x).
How is Analog Devices forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADI's forecast earnings growth (13.2% per year) is above the savings rate (2%).
Earnings vs Market: ADI's earnings (13.2% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: ADI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ADI's revenue (7.1% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: ADI's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADI's Return on Equity is forecast to be low in 3 years time (17.2%).
How has Analog Devices performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADI has high quality earnings.
Growing Profit Margin: ADI's current net profit margins (25.2%) are higher than last year (20%).
Past Earnings Growth Analysis
Earnings Trend: ADI's earnings have grown by 13.6% per year over the past 5 years.
Accelerating Growth: ADI's earnings growth over the past year (40.4%) exceeds its 5-year average (13.6% per year).
Earnings vs Industry: ADI earnings growth over the past year (40.4%) underperformed the Semiconductor industry 52.9%.
Return on Equity
High ROE: ADI's Return on Equity (12.8%) is considered low.
How is Analog Devices's financial position?
Financial Position Analysis
Short Term Liabilities: ADI's short term assets ($2.9B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: ADI's short term assets ($2.9B) do not cover its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: ADI's debt to equity ratio (40.7%) is considered high.
Reducing Debt: ADI's debt to equity ratio has increased from 35.5% to 40.7% over the past 5 years.
Debt Coverage: ADI's debt is well covered by operating cash flow (48.3%).
Interest Coverage: ADI's interest payments on its debt are well covered by EBIT (11x coverage).
What is Analog Devices's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADI's dividend (1.66%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: ADI's dividend (1.66%) is low compared to the top 25% of dividend payers in the US market (3.52%).
Stability and Growth of Payments
Stable Dividend: ADI's dividends per share have been stable in the past 10 years.
Growing Dividend: ADI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62%), ADI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ADI's dividends in 3 years are forecast to be well covered by earnings (43.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vince Roche (61 yo)
Mr. Vincent T. Roche, also known as Vince, has been the President of Analog Devices, Inc. since November 5, 2012 and has been its Chief Executive Officer since May 2013. Mr. Roche served as an Interim Chie...
CEO Compensation Analysis
Compensation vs Market: Vince's total compensation ($USD12.36M) is about average for companies of similar size in the US market ($USD11.27M).
Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.
Experienced Management: ADI's management team is considered experienced (2.3 years average tenure).
Experienced Board: ADI's board of directors are considered experienced (5.3 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 not been meaningfully diluted in the past year.
Analog Devices, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Analog Devices, Inc.
- Ticker: ADI
- Exchange: NasdaqGS
- Founded: 1965
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$61.424b
- Shares outstanding: 368.83m
- Website: https://www.analog.com
Number of Employees
- Analog Devices, Inc.
- One Technology Way
- PO Box 9106
- United States
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The compan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 01:24|
|End of Day Share Price||2021/07/29 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.