NasdaqGS:GSIT

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Executive Summary

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has GSI Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GSIT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.5%

GSIT

3.7%

US Semiconductor

3.0%

US Market


1 Year Return

-23.1%

GSIT

45.7%

US Semiconductor

15.8%

US Market

Return vs Industry: GSIT underperformed the US Semiconductor industry which returned 44.8% over the past year.

Return vs Market: GSIT underperformed the US Market which returned 15.4% over the past year.


Shareholder returns

GSITIndustryMarket
7 Day7.5%3.7%3.0%
30 Day-9.2%6.8%6.0%
90 Day-20.0%19.8%16.4%
1 Year-23.1%-23.1%48.5%45.7%18.4%15.8%
3 Year-7.0%-7.0%95.3%84.8%44.8%35.4%
5 Year23.0%23.0%224.3%192.5%75.7%56.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is GSI Technology undervalued compared to its fair value and its price relative to the market?

1.66x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GSIT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GSIT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GSIT is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.

PE vs Market: GSIT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GSIT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GSIT is good value based on its PB Ratio (1.7x) compared to the US Semiconductor industry average (3.5x).


Next Steps

Future Growth

How is GSI Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

24.8%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GSI Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has GSI Technology performed over the past 5 years?

-24.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GSIT is currently unprofitable.

Growing Profit Margin: GSIT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GSIT is unprofitable, and losses have increased over the past 5 years at a rate of 24.4% per year.

Accelerating Growth: Unable to compare GSIT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GSIT is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-3.1%).


Return on Equity

High ROE: GSIT has a negative Return on Equity (-18.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is GSI Technology's financial position?


Financial Position Analysis

Short Term Liabilities: GSIT's short term assets ($74.8M) exceed its short term liabilities ($7.5M).

Long Term Liabilities: GSIT's short term assets ($74.8M) exceed its long term liabilities ($4.3M).


Debt to Equity History and Analysis

Debt Level: GSIT is debt free.

Reducing Debt: GSIT has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GSIT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: GSIT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.3% each year


Next Steps

Dividend

What is GSI Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GSIT'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 GSIT'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?

20.0yrs

Average management tenure


CEO

Lee-Lean Shu (65 yo)

25.42yrs

Tenure

US$842,916

Compensation

Mr. Lee-Lean Shu co-founded GSI Technology, Inc. in March 1995 and has been its President and Chief Executive Officer since March 1995 and Chairman of the Board since October 2000. From January 1995 to Mar ...


CEO Compensation Analysis

Compensation vs Market: Lee-Lean's total compensation ($USD842.92K) is above average for companies of similar size in the US market ($USD606.98K).

Compensation vs Earnings: Lee-Lean's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Lee-Lean Shu
Co-Founder25.42yrsUS$842.92k10.7%
$ 15.5m
Robert Yau
Co-Founder25.42yrsUS$462.33k4.33%
$ 6.3m
Douglas Schirle
Chief Financial Officer20yrsUS$483.05k0.21%
$ 311.3k
Ping Wu
Vice President of U.S. Operations13.92yrsUS$422.47k0.60%
$ 866.1k
Didier Lasserre
Vice President of Sales18.08yrsUS$504.57k1.21%
$ 1.8m

20.0yrs

Average Tenure

65yo

Average Age

Experienced Management: GSIT's management team is seasoned and experienced (20 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lee-Lean Shu
Co-Founder25.42yrsUS$842.92k10.7%
$ 15.5m
Robert Yau
Co-Founder25.42yrsUS$462.33k4.33%
$ 6.3m
Arthur Whipple
Independent Lead Director10.17yrsUS$111.62k0.15%
$ 221.4k
Elizabeth Cholawsky
Independent Director0.92yrUS$46.46kno data
Jack Bradley
Independent Director5.42yrsUS$73.97k0.013%
$ 18.5k
Ruey Lu
Independent Director19.83yrsUS$64.55k0.042%
$ 61.5k
Hong-Po Hsieh
Independent Director12yrsUS$70.60k0.089%
$ 129.1k

12.0yrs

Average Tenure

65yo

Average Age

Experienced Board: GSIT's board of directors are seasoned and experienced ( 12 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

GSI Technology, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GSI Technology, Inc.
  • Ticker: GSIT
  • Exchange: NasdaqGS
  • Founded: 1995
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$145.188m
  • Shares outstanding: 23.61m
  • Website: https://www.gsitechnology.com

Number of Employees


Location

  • GSI Technology, Inc.
  • 1213 Elko Drive
  • Sunnyvale
  • California
  • 94089
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSITNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 2007

Biography

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United Stat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 00:18
End of Day Share Price2020/08/06 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.