Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets in Asia, North America, and Europe. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Diodes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DIOD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DIOD's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DIOD underperformed the US Semiconductor industry which returned 46.2% over the past year.
Return vs Market: DIOD exceeded the US Market which returned 19.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Diodes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHere's What To Make Of Diodes' (NASDAQ:DIOD) Returns On Capital
1 week ago | Simply Wall StDo Its Financials Have Any Role To Play In Driving Diodes Incorporated's (NASDAQ:DIOD) Stock Up Recently?
3 weeks ago | Simply Wall StA Look At Diodes' (NASDAQ:DIOD) CEO Remuneration
Is Diodes 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: DIOD ($62.19) is trading below our estimate of fair value ($68.76)
Significantly Below Fair Value: DIOD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: DIOD is good value based on its PE Ratio (27.7x) compared to the US Semiconductor industry average (36.1x).
PE vs Market: DIOD is poor value based on its PE Ratio (27.7x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: DIOD is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: DIOD is good value based on its PB Ratio (2.7x) compared to the US Semiconductor industry average (3.4x).
How is Diodes 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: DIOD's forecast earnings growth (20.8% per year) is above the savings rate (2.2%).
Earnings vs Market: DIOD's earnings (20.8% per year) are forecast to grow slower than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DIOD's revenue (8.8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: DIOD's revenue (8.8% 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 DIOD's Return on Equity is forecast to be high in 3 years time
How has Diodes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIOD has a large one-off gain of $24.3M impacting its September 30 2020 financial results.
Growing Profit Margin: DIOD's current net profit margins (9.8%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: DIOD's earnings have grown significantly by 48.2% per year over the past 5 years.
Accelerating Growth: DIOD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DIOD had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Semiconductor industry average (22.8%).
Return on Equity
High ROE: DIOD's Return on Equity (9.3%) is considered low.
How is Diodes's financial position?
Financial Position Analysis
Short Term Liabilities: DIOD's short term assets ($1.2B) exceed its short term liabilities ($321.5M).
Long Term Liabilities: DIOD's short term assets ($1.2B) exceed its long term liabilities ($460.1M).
Debt to Equity History and Analysis
Debt Level: DIOD's debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: DIOD's debt to equity ratio has increased from 11.9% to 33.5% over the past 5 years.
Debt Coverage: DIOD's debt is well covered by operating cash flow (42.6%).
Interest Coverage: DIOD's interest payments on its debt are well covered by EBIT (15.7x coverage).
What is Diodes's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DIOD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DIOD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DIOD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DIOD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DIOD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keh-Shew Lu (73 yo)
Dr. Keh-Shew Lu, Ph.D. has been Chief Executive Officer of Pericom Semiconductor Corp. since November 24, 2015. Dr. Lu serves as the President and Partner of Pu-Shin Investment Corp. Dr. Lu has been the Ch...
CEO Compensation Analysis
Compensation vs Market: Keh-Shew's total compensation ($USD7.14M) is above average for companies of similar size in the US market ($USD5.22M).
Compensation vs Earnings: Keh-Shew's compensation has been consistent with company performance over the past year.
|CEO, President & Chairman||15.42yrs||US$7.14m||2.04% |
|Chief Financial Officer||1.67yrs||US$1.61m||0.042% |
|Vice President of Corporate Operations||2.83yrs||US$2.25m||0.069% |
|Vice President of Worldwide Sales & Marketing||2.92yrs||US$1.69m||0.081% |
|Corporate Secretary & Special Assistant to the CEO||11.5yrs||US$337.13k||0.091% |
|Director of Investor Relations||no data||no data||no data|
|President of Asia Pacific Region||2.83yrs||no data||no data|
|President of Europe||6.83yrs||no data||no data|
Experienced Management: DIOD's management team is considered experienced (2.9 years average tenure).
|CEO, President & Chairman||15.42yrs||US$7.14m||2.04% |
|Independent Vice Chairman of the Board||15.42yrs||US$521.48k||0.50% |
|Independent Director||30.83yrs||US$235.84k||0.15% |
|Independent Director||0.50yr||no data||no data|
|Independent Lead Director||0.50yr||US$215.84k||0.068% |
|Independent Director||2.5yrs||US$225.84k||0.0021% |
|Independent Director||3.5yrs||US$225.84k||0.0062% |
Experienced Board: DIOD's board of directors are not considered experienced ( 2.5 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: DIOD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Diodes Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Diodes Incorporated
- Ticker: DIOD
- Exchange: NasdaqGS
- Founded: 1959
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$3.236b
- Shares outstanding: 52.04m
- Website: https://www.diodes.com
Number of Employees
- Diodes Incorporated
- 4949 Hedgcoxe Road
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DIOD||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1968|
|DDQ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/23 00:01|
|End of Day Share Price||2020/11/20 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.