company background image
AOSL

Alpha and Omega SemiconductorNasdaqGS:AOSL Stock Report

Market Cap

US$754.2m

7D

5.1%

1Y

157.6%

Updated

23 Sep, 2021

Data

Company Financials +
AOSL fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends0/6

AOSL Overview

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally.

Alpha and Omega Semiconductor Competitors

Texas Instruments

NasdaqGS:TXN

US$180.9b

Monolithic Power Systems

NasdaqGS:MPWR

US$23.3b

ON Semiconductor

NasdaqGS:ON

US$20.9b

Semtech

NasdaqGS:SMTC

US$5.2b

Price History & Performance

Summary of all time highs, changes and price drops for Alpha and Omega Semiconductor
Historical stock prices
Current Share PriceUS$30.66
52 Week HighUS$11.61
52 Week LowUS$43.00
Beta2.66
1 Month Change13.98%
3 Month Change6.49%
1 Year Change157.65%
3 Year Change167.54%
5 Year Change40.26%
Change since IPO73.22%

Recent News & Updates

Shareholder Returns

AOSLUS SemiconductorUS Market
7D5.1%-0.09%-0.5%
1Y157.6%57.1%37.5%

Return vs Industry: AOSL exceeded the US Semiconductor industry which returned 56.5% over the past year.

Return vs Market: AOSL exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is AOSL's price volatile compared to industry and market?
AOSL volatility
AOSL Beta2.66
Industry Beta1.23
Market Beta1

Stable Share Price: AOSL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AOSL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20003,939Mike Fushing Changhttps://www.aosmd.com

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, e-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding. The company also provides power ICs that deliver power, as well as control and regulate the power management variables, such as the flow of current and level of voltage.

Alpha and Omega Semiconductor Fundamentals Summary

How do Alpha and Omega Semiconductor's earnings and revenue compare to its market cap?
AOSL fundamental statistics
Market CapUS$754.23m
Earnings (TTM)US$58.12m
Revenue (TTM)US$656.90m

13.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AOSL income statement (TTM)
RevenueUS$656.90m
Cost of RevenueUS$452.36m
Gross ProfitUS$204.54m
ExpensesUS$146.43m
EarningsUS$58.12m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.25
Gross Margin31.14%
Net Profit Margin8.85%
Debt/Equity Ratio26.3%

How did AOSL perform over the long term?

See historical performance and comparison

Valuation

Is Alpha and Omega Semiconductor undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AOSL ($30.66) is trading below our estimate of fair value ($136.81)

Significantly Below Fair Value: AOSL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AOSL is good value based on its PE Ratio (13.9x) compared to the US Semiconductor industry average (29.7x).

PE vs Market: AOSL is good value based on its PE Ratio (13.9x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: AOSL is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: AOSL is good value based on its PB Ratio (2.2x) compared to the US Semiconductor industry average (4.5x).


Future Growth

How is Alpha and Omega Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

23.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AOSL's forecast earnings growth (23.9% per year) is above the savings rate (2%).

Earnings vs Market: AOSL's earnings (23.9% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AOSL's revenue (6.5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: AOSL's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AOSL's Return on Equity is forecast to be high in 3 years time


Past Performance

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

24.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AOSL has high quality earnings.

Growing Profit Margin: AOSL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AOSL has become profitable over the past 5 years, growing earnings by 24.7% per year.

Accelerating Growth: AOSL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AOSL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (70.6%).


Return on Equity

High ROE: AOSL's Return on Equity (10.9%) is considered low.


Financial Health

How is Alpha and Omega Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: AOSL's short term assets ($407.3M) exceed its short term liabilities ($233.2M).

Long Term Liabilities: AOSL's short term assets ($407.3M) exceed its long term liabilities ($169.0M).


Debt to Equity History and Analysis

Debt Level: AOSL's debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: AOSL's debt to equity ratio has increased from 0% to 26.3% over the past 5 years.

Debt Coverage: AOSL's debt is well covered by operating cash flow (94.7%).

Interest Coverage: AOSL's interest payments on its debt are well covered by EBIT (16.6x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AOSL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AOSL'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 AOSL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AOSL'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 AOSL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Mike Fushing Chang (76 yo)

21yrs

Tenure

US$1,500,351

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

Compensation vs Market: Mike Fushing's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD2.35M).

Compensation vs Earnings: Mike Fushing's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AOSL's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: AOSL's board of directors are considered experienced (7.7 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 been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Alpha and Omega Semiconductor Limited's 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$754.225m
  • Shares outstanding: 26.35m
  • Website: https://www.aosmd.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:02
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.