NasdaqGS:GSIT

Stock Analysis Report

Executive Summary

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets memory products primarily for the networking and telecommunications markets in the United States, China, Singapore, Germany, the Netherlands, and internationally.

Snowflake

Fundamentals

Adequate balance sheet with questionable track record.

Risks

  • GSI Technology is covered by less than 3 analysts.

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


Market Performance


7 Day Return

1.6%

NasdaqGS:GSIT

5.0%

US Semiconductor

2.9%

US Market


1 Year Return

26.4%

NasdaqGS:GSIT

5.5%

US Semiconductor

0.2%

US Market

GSIT outperformed the Semiconductor industry which returned 4.8% over the past year.

GSIT outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

GSITIndustryMarket
7 Day1.6%5.0%2.9%
30 Day-0.5%-2.7%-2.3%
90 Day11.0%13.9%3.1%
1 Year26.4%26.4%7.5%5.5%2.4%0.2%
3 Year74.0%74.0%76.3%66.0%41.7%32.4%
5 Year47.9%47.9%112.5%91.0%55.1%37.9%

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 based on future cash flows and its price relative to the stock market?

110.09x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

GSI Technology is overvalued based on earnings compared to the US Semiconductor industry average.

GSI Technology is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for GSI Technology, we can't assess if its growth is good value.


Price Based on Value of Assets

GSI Technology is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

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

19.7%

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?

33.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GSI Technology has delivered over 20% year on year earnings growth in the past 5 years.

GSI Technology has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

GSI Technology has become profitable in the last year making it difficult to compare the US Semiconductor industry average.


Return on Equity

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


Return on Assets

GSI Technology used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

GSI Technology 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 GSI Technology's financial position?


Financial Position Analysis

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

GSI Technology's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

GSI Technology's level of debt (0%) compared to net worth is satisfactory (less than 40%).

Unable to establish if GSI Technology's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

GSI Technology has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are -7.2565600075892E+17x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate GSI Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate GSI Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as GSI Technology has not reported any payouts.

Unable to verify if GSI Technology's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GSI Technology has not reported any payouts.


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

21.7yrs

Average management tenure


CEO

Lee-Lean Shu (64yo)

24.4yrs

Tenure

US$1,046,497

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

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

Lee-Lean's compensation has increased in line with GSI Technology recently becoming profitable.


Management Age and Tenure

21.7yrs

Average Tenure

64yo

Average Age

The average tenure for the GSI Technology management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.0yrs

Average Tenure

66yo

Average Age

The average tenure for the GSI Technology board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Lee-Lean Shu (64yo)

    Co-Founder

    • Tenure: 24.4yrs
    • Compensation: US$1.05m
  • Robert Yau (66yo)

    Co-Founder

    • Tenure: 24.4yrs
    • Compensation: US$572.44k
  • Douglas Schirle (64yo)

    Chief Financial Officer

    • Tenure: 19.0yrs
    • Compensation: US$587.06k
  • Didier Lasserre (54yo)

    Vice President of Sales

    • Tenure: 17.1yrs
    • Compensation: US$608.11k

Board Members

  • Tom Hart (77yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$72.40k
  • Arthur Whipple (71yo)

    Lead Director

    • Tenure: 9.2yrs
    • Compensation: US$113.38k
  • Jack Bradley (70yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$75.13k
  • Lee-Lean Shu (64yo)

    Co-Founder

    • Tenure: 24.4yrs
    • Compensation: US$1.05m
  • Robert Yau (66yo)

    Co-Founder

    • Tenure: 24.4yrs
    • Compensation: US$572.44k
  • Ruey Lu (63yo)

    Independent Director

    • Tenure: 18.8yrs
    • Compensation: US$65.57k
  • Haydn Hsieh (64yo)

    Independent Director

    • Tenure: 11.0yrs
    • Compensation: US$71.72k

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$191.742m
  • Shares outstanding: 22.91m
  • 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 memory products primarily for the networking and telecommunications markets in the United States, China, Singapore, Ger ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:01
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.