NasdaqGS:CY

Stock Analysis Report

Executive Summary

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide.

Snowflake

Fundamentals

Excellent balance sheet with solid track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

NasdaqGS:CY

-0.8%

US Semiconductor

-0.02%

US Market


1 Year Return

48.4%

NasdaqGS:CY

10.2%

US Semiconductor

1.6%

US Market

CY outperformed the Semiconductor industry which returned 10.7% over the past year.

CY outperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

CYIndustryMarket
7 Day0.2%-0.8%-0.02%
30 Day1.6%5.8%2.7%
90 Day4.5%12.0%1.4%
1 Year52.8%48.4%12.3%10.2%3.8%1.6%
3 Year114.7%95.9%82.2%71.6%45.2%35.8%
5 Year168.4%128.0%122.9%100.2%61.8%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

26.1x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Cypress Semiconductor's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Cypress Semiconductor's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Cypress Semiconductor is good value based on earnings compared to the US Semiconductor industry average.

Cypress Semiconductor is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Cypress Semiconductor earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Cypress Semiconductor is overvalued based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Cypress Semiconductor expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

-38.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Cypress Semiconductor's revenue is expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).

Cypress Semiconductor's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Cypress Semiconductor's revenue growth is positive but not above the United States of America market average.

Cypress Semiconductor's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Cypress Semiconductor's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Cypress Semiconductor performed over the past 5 years?

33.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Cypress Semiconductor's 1-year earnings growth exceeds its 5-year average (2023.2% vs 33.7%)

Cypress Semiconductor's earnings growth has exceeded the US Semiconductor industry average in the past year (2023.2% vs -6.2%).


Return on Equity

Cypress Semiconductor has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Cypress Semiconductor used its assets more efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Cypress Semiconductor has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Cypress Semiconductor's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Cypress Semiconductor's level of debt (40.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (134.9% vs 40.4% today).

Debt is well covered by operating cash flow (59.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

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

1.89%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Cypress Semiconductor before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Cypress Semiconductor's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Cypress Semiconductor's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).

Whilst dividend payments have been stable, Cypress Semiconductor has been paying a dividend for less than 10 years.

Dividend payments have increased, but Cypress Semiconductor only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2x coverage).


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 Cypress Semiconductor's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Hassane El-Khoury (39yo)

3.1yrs

Tenure

US$7,017,882

Compensation

Mr. Hassane El-Khoury has been the Chief Executive Officer, President and Director at Cypress Semiconductor Corporation since August 11, 2016. Mr. El-Khoury served as an Executive Vice President of the Pro ...


CEO Compensation Analysis

Hassane's remuneration is about average for companies of similar size in United States of America.

Hassane's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.1yrs

Average Tenure

51.5yo

Average Age

The tenure for the Cypress Semiconductor management team is about average.


Board Age and Tenure

2.3yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Cypress Semiconductor board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$693,92029 Nov 18
Hassane El-Khoury
EntityIndividual
Role
Chief Executive Officer
President
Shares50,000
Max PriceUS$13.89
BuyUS$64,00013 Nov 18
Camillo Martino
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$12.80

Ownership Breakdown


Management Team

  • Colin Born (48yo)

    Vice President of Corporate Development & Investor Relations

    • Tenure: 0yrs
  • Dana Nazarian (52yo)

    Executive Vice President of Operations & Technology

    • Tenure: 3.1yrs
    • Compensation: US$1.03m
  • Hassane El-Khoury (39yo)

    President

    • Tenure: 3.1yrs
    • Compensation: US$7.02m
  • J. Augusto de Oliveira (54yo)

    Executive VP & CTO

    • Tenure: 12.7yrs
  • Thad Trent (51yo)

    Executive VP of Finance & Administration and CFO

    • Tenure: 5.3yrs
    • Compensation: US$2.71m
  • Michael Balow

    Executive Vice President of Worldwide Sales & Applications

    • Tenure: 6yrs
  • Pamela Tondreau (59yo)

    Executive VP

    • Tenure: 3yrs
    • Compensation: US$2.33m
  • Sam Geha (53yo)

    Executive Vice President of Memory Product Division

    • Tenure: 3yrs
    • Compensation: US$2.35m
  • Sudhir Gopalswamy (49yo)

    Executive Vice President of Microcontroller & Connectivity Division

    • Tenure: 3yrs
    • Compensation: US$2.57m
  • Ann Minooka

    Vice President of Corporate Communications

    • Tenure: 0yrs

Board Members

  • Jeannine Sargent (55yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$257.93k
  • Cathy Lego (62yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$262.93k
  • Camillo Martino (57yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$277.21k
  • Jeff Owens (64yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$264.36k
  • W. Albrecht (72yo)

    Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: US$319.71k
  • Oh-Chul Kwon (61yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: US$244.71k
  • Michael Wishart (64yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: US$270.07k
  • Hassane El-Khoury (39yo)

    President

    • Tenure: 3.1yrs
    • Compensation: US$7.02m

Company Information

Cypress Semiconductor Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cypress Semiconductor Corporation
  • Ticker: CY
  • Exchange: NasdaqGS
  • Founded: 1982
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$8.609b
  • Shares outstanding: 369.32m
  • Website: https://www.cypress.com

Number of Employees


Location

  • Cypress Semiconductor Corporation
  • 198 Champion Court
  • San Jose
  • California
  • 95134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 1986
CYPDB (Deutsche Boerse AG)YesCommon StockDEEURMay 1986
0I5QLSE (London Stock Exchange)YesCommon StockGBUSDMay 1986
CY *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNMay 1986

Biography

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide. It operates in two segments, Microcontroller and Connectivity Division, and Memory ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:34
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/30


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.