Market Cap
US$3.4b
Last Updated
2021/03/04 00:14 UTC
Data Sources
Company Financials +
Executive Summary
Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
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 not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: DIOD's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-5.9%
DIOD
-6.9%
US Semiconductor
-3.4%
US Market
1 Year Return
65.0%
DIOD
57.1%
US Semiconductor
29.4%
US Market
Return vs Industry: DIOD exceeded the US Semiconductor industry which returned 57.1% over the past year.
Return vs Market: DIOD exceeded the US Market which returned 29.4% over the past year.
Shareholder returns
| DIOD | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -6.9% | -3.4% |
| 30 Day | 3.7% | -1.3% | 0.6% |
| 90 Day | 9.3% | 7.3% | 6.3% |
| 1 Year | 65.0%65.0% | 59.7%57.1% | 32.2%29.4% |
| 3 Year | 146.8%146.8% | 98.0%87.9% | 51.3%41.7% |
| 5 Year | 305.0%305.0% | 323.4%282.5% | 119.6%95.2% |
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 week ago | Simply Wall St
Have Insiders Sold Diodes Incorporated (NASDAQ:DIOD) Shares Recently?3 weeks ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving Diodes Incorporated's (NASDAQ:DIOD) Stock Up Recently?1 month ago | Simply Wall St
The Diodes (NASDAQ:DIOD) Share Price Has Soared 317%, Delighting Many ShareholdersValuation
Is Diodes undervalued compared to its fair value and its price relative to the market?
39.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DIOD ($76.79) is trading above our estimate of fair value ($61.84)
Significantly Below Fair Value: DIOD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DIOD is poor value based on its PE Ratio (39.9x) compared to the US Semiconductor industry average (38.1x).
PE vs Market: DIOD is poor value based on its PE Ratio (39.9x) compared to the US market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: DIOD is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: DIOD is good value based on its PB Ratio (3.5x) compared to the US Semiconductor industry average (4.7x).
Next Steps
Future Growth
How is Diodes forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
23.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DIOD's forecast earnings growth (23.8% per year) is above the savings rate (2%).
Earnings vs Market: DIOD's earnings (23.8% per year) are forecast to grow faster than the US market (19.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DIOD's revenue (15.6% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: DIOD's revenue (15.6% 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
Next Steps
Past Performance
How has Diodes performed over the past 5 years?
47.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIOD has high quality earnings.
Growing Profit Margin: DIOD's current net profit margins (8%) are lower than last year (12.3%).
Past Earnings Growth Analysis
Earnings Trend: DIOD's earnings have grown significantly by 47.8% 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 (-35.9%) over the past year, making it difficult to compare to the Semiconductor industry average (18.2%).
Return on Equity
High ROE: DIOD's Return on Equity (9.8%) is considered low.
Next Steps
Financial Health
How is Diodes's financial position?
Financial Position Analysis
Short Term Liabilities: DIOD's short term assets ($1.0B) exceed its short term liabilities ($509.8M).
Long Term Liabilities: DIOD's short term assets ($1.0B) exceed its long term liabilities ($453.6M).
Debt to Equity History and Analysis
Debt Level: DIOD's debt to equity ratio (44.5%) is considered high.
Reducing Debt: DIOD's debt to equity ratio has reduced from 55% to 44.5% over the past 5 years.
Debt Coverage: DIOD's debt is well covered by operating cash flow (41.4%).
Interest Coverage: DIOD's interest payments on its debt are well covered by EBIT (13x coverage).
Balance Sheet
Next Steps
Dividend
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Keh-Shew Lu (73 yo)
15.75yrs
Tenure
US$7,144,194
Compensation
Dr. Keh-Shew Lu, Ph.D. has been Chief Executive Officer of Pericom Semiconductor Corp. since November 24, 2015. Dr. Lu serves as the President and Partner of Pu-Shin Investment Corp. Dr. Lu has been the Ch...
CEO Compensation Analysis
Compensation vs Market: Keh-Shew's total compensation ($USD7.14M) is above average for companies of similar size in the US market ($USD4.96M).
Compensation vs Earnings: Keh-Shew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 15.75yrs | US$7.14m | 1.91% $ 65.1m | |
| Chief Financial Officer | 2yrs | US$1.61m | 0.0044% $ 149.6k | |
| Senior Vice President of Corporate Operations | 3.17yrs | US$2.25m | 0.081% $ 2.8m | |
| Senior Vice President of Worldwide Sales & Marketing | 3.25yrs | US$1.69m | 0.091% $ 3.1m | |
| Senior Vice President of Worldwide Discrete Products | no data | US$2.32m | 0.078% $ 2.6m | |
| Corporate Secretary & Special Assistant to the CEO | 11.83yrs | US$337.13k | 0.11% $ 3.6m | |
| Director of Investor Relations | no data | no data | no data | |
| Senior Vice President of Business Groups | 3.17yrs | no data | no data | |
| Senior Vice President of Worldwide Power Products | no data | no data | 0.096% $ 3.3m | |
| President of Europe | 7.17yrs | no data | no data | |
| President of Asia Pacific Region | no data | no data | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Management: DIOD's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 15.75yrs | US$7.14m | 1.91% $ 65.1m | |
| Independent Vice Chairman of the Board | 15.75yrs | US$521.48k | 0.47% $ 16.0m | |
| Independent Director | 31.17yrs | US$235.84k | 0.17% $ 5.9m | |
| Independent Director | 0.83yr | no data | no data | |
| Independent Lead Director | 0.83yr | US$215.84k | 0.080% $ 2.7m | |
| Independent Director | 2.83yrs | US$225.84k | 0.0024% $ 82.6k | |
| Independent Director | 3.83yrs | US$225.84k | 0.0073% $ 247.6k |
2.8yrs
Average Tenure
71yo
Average Age
Experienced Board: DIOD's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Diodes Incorporated's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Diodes Incorporated
- Ticker: DIOD
- Exchange: NasdaqGS
- Founded: 1959
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$3.401b
- Shares outstanding: 44.28m
- Website: https://www.diodes.com
Number of Employees
Location
- Diodes Incorporated
- 4949 Hedgcoxe Road
- Suite 200
- Plano
- Texas
- 75024
- United States
Listings
| 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 |
Biography
Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets worldwide. It primarily focuses on l...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 00:14 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.