NasdaqGS:AOSL

Stock Analysis Report

Alpha and Omega Semiconductor

Executive Summary

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.

Risks

  • Alpha and Omega Semiconductor has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

AOSL

-2.5%

US Semiconductor

-0.6%

US Market


1 Year Return

9.3%

AOSL

7.5%

US Semiconductor

0.7%

US Market

AOSL outperformed the Semiconductor industry which returned 7.5% over the past year.

AOSL outperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

AOSLIndustryMarket
7 Day0.6%-2.5%-0.6%
30 Day6.4%4.1%2.9%
90 Day52.3%9.9%1.3%
1 Year9.3%9.3%9.6%7.5%2.9%0.7%
3 Year-36.9%-36.9%79.9%69.3%44.6%35.2%
5 Year36.0%36.0%119.3%97.0%61.9%44.2%

Price Volatility Vs. Market

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


Simply Wall St News

3 weeks ago | Simply Wall St

Do Institutions Own Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares?

Valuation

Is Alpha and Omega Semiconductor undervalued based on future cash flows and its price relative to the stock market?

168.61x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Alpha and Omega Semiconductor to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Alpha and Omega Semiconductor to establish if it is available at substantial discount.


Price Based on Earnings

Alpha and Omega Semiconductor is overvalued based on earnings compared to the US Semiconductor industry average.

Alpha and Omega Semiconductor is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Alpha and Omega Semiconductor is poor value based on expected growth next year.


Price Based on Value of Assets

Alpha and Omega Semiconductor is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Alpha and Omega Semiconductor expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

83.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Alpha and Omega Semiconductor's revenue is expected to grow by 9.1% yearly, however this is not considered high growth (20% yearly).

Alpha and Omega Semiconductor's earnings are expected to grow significantly at over 20% yearly.

Alpha and Omega Semiconductor's revenue growth is expected to exceed the United States of America market average.

Alpha and Omega Semiconductor's earnings growth is expected to exceed the United States of America market average.

Alpha and Omega Semiconductor's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Alpha and Omega Semiconductor will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Alpha and Omega Semiconductor performed over the past 5 years?

48.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Alpha and Omega Semiconductor has delivered over 20% year on year earnings growth in the past 5 years.

Alpha and Omega Semiconductor's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Alpha and Omega Semiconductor's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.


Return on Equity

It is difficult to establish if Alpha and Omega Semiconductor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Alpha and Omega Semiconductor used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Alpha and Omega Semiconductor improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Alpha and Omega Semiconductor's financial position?


Financial Position Analysis

Alpha and Omega Semiconductor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Alpha and Omega Semiconductor's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Alpha and Omega Semiconductor's level of debt (19.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (4.9% vs 19.4% today).

Debt is well covered by operating cash flow (36.5%, greater than 20% of total debt).

Unable to confirm if the interest payments on Alpha and Omega Semiconductor's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.4x debt.


Next Steps

Dividend

What is Alpha and Omega Semiconductor's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Alpha and Omega Semiconductor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Alpha and Omega Semiconductor's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Alpha and Omega Semiconductor has not reported any payouts.

Unable to verify if Alpha and Omega Semiconductor's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Alpha and Omega Semiconductor has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Alpha and Omega Semiconductor's salary, the management and board of directors tenure and is there insider trading?

5.2yrs

Average management tenure


CEO

Mike Fushing Chang (74yo)

19yrs

Tenure

US$3,613,595

Compensation

Dr. Mike Fushing Chang, Ph.D. is the Founder of Alpha and Omega Semiconductor Limited. Dr. Chang has been the Chairman and Chief Executive Officer at Alpha and Omega Semiconductor Limited since September 2 ...


CEO Compensation Analysis

Mike Fushing's remuneration is higher than average for companies of similar size in United States of America.

Mike Fushing's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

5.2yrs

Average Tenure

65.5yo

Average Age

The average tenure for the Alpha and Omega Semiconductor management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.8yrs

Average Tenure

67yo

Average Age

The tenure for the Alpha and Omega Semiconductor board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$39,29621 Nov 18
Mike Fushing Chang
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares3,930
Max PriceUS$10.00
BuyUS$149,99521 Nov 18
Michael Salameh
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares14,465
Max PriceUS$10.37

Ownership Breakdown


Management Team

  • Mike Fushing Chang (74yo)

    Co-Founder

    • Tenure: 19yrs
    • Compensation: US$3.61m
  • Yueh-Se Ho (67yo)

    Co-Founder

    • Tenure: 13.5yrs
    • Compensation: US$1.25m
  • Yifan Liang (55yo)

    CFO & Corporate Secretary

    • Tenure: 5.8yrs
    • Compensation: US$1.27m
  • Sik Lui

    Co-Founder & VP of Silicon Technology

    • Tenure: 4.5yrs
  • Daniel Chang (64yo)

    Senior Vice President of Strategic Business & World-wide Application Engineering

    • Tenure: 0yrs
    • Compensation: US$961.23k
  • So-Yeon Jeong

    Head of Investor Relations

    • Tenure: 0yrs
  • Stephen Chang

    Senior Vice President of Marketing

    • Tenure: 1.8yrs

Board Members

  • Mike Salameh (64yo)

    Lead Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$183.34k
  • King Owyang (73yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: US$163.84k
  • Bob Chen (71yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$165.84k
  • Mike Fushing Chang (74yo)

    Co-Founder

    • Tenure: 19yrs
    • Compensation: US$3.61m
  • Lucas Chang (64yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$153.84k
  • Michael Pfeiffer (67yo)

    Independent Director

    • Tenure: 5.7yrs
    • Compensation: US$166.34k
  • Yueh-Se Ho (67yo)

    Co-Founder

    • Tenure: 13.5yrs
    • Compensation: US$1.25m

Company Information

Alpha and Omega Semiconductor Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha and Omega Semiconductor Limited
  • Ticker: AOSL
  • Exchange: NasdaqGS
  • Founded: 2000
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$319.735m
  • Shares outstanding: 24.52m
  • Website: https://www.aosmd.com

Number of Employees


Location

  • Alpha and Omega Semiconductor Limited
  • 475 Oakmead Parkway
  • Sunnyvale
  • California
  • 94085
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AOSLNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 2010
AOYDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2010

Biography

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company off ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 00:22
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.