NasdaqCM:LEDS

Stock Analysis Report

Executive Summary

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips and LED components in the United States, Taiwan, the Netherlands, France, China, Germany, Hong Kong, and internationally.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • SemiLEDs has significant price volatility in the past 3 months.
  • SemiLEDs is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

NasdaqCM:LEDS

2.0%

US Semiconductor

1.2%

US Market


1 Year Return

-37.8%

NasdaqCM:LEDS

10.9%

US Semiconductor

1.7%

US Market

LEDS underperformed the Semiconductor industry which returned 10.9% over the past year.

LEDS underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

LEDSIndustryMarket
7 Day0.4%2.0%1.2%
30 Day7.9%10.8%4.9%
90 Day-19.1%17.2%3.7%
1 Year-37.8%-37.8%13.0%10.9%3.9%1.7%
3 Year-55.5%-55.5%83.8%73.0%47.2%37.7%
5 Year-50.0%-50.0%122.5%100.0%60.0%42.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

3.43x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for SemiLEDs to establish if it is available at moderate discount.

Unable to calculate intrinsic value for SemiLEDs to establish if it is available at substantial discount.


Price Based on Earnings

SemiLEDs is loss making, we can't compare its value to the US Semiconductor industry average.

SemiLEDs is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

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


Next Steps

Future Growth

How is SemiLEDs expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

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 SemiLEDs 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 SemiLEDs performed over the past 5 years?

39.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SemiLEDs does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare SemiLEDs's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare SemiLEDs's 1-year growth to the US Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if SemiLEDs has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if SemiLEDs has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if SemiLEDs improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is SemiLEDs's financial position?


Financial Position Analysis

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

SemiLEDs's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

SemiLEDs's level of debt (200.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (13.8% vs 200.7% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.8x debt.


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.

SemiLEDs has less than a year of cash runway based on current free cash flow.

SemiLEDs has less than a year of cash runway if free cash flow continues to reduce at historical rates of -33.1% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as SemiLEDs 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 SemiLEDs's salary, the management and board of directors tenure and is there insider trading?

11.0yrs

Average board tenure


CEO

Trung Doan (60yo)

14.7yrs

Tenure

US$303,750

Compensation

Mr. Trung Tri Doan founded SemiLEDs Corporation in 2004 and has been its Chairman since January 2005, Chief Executive Officer since January 2005 and President since August 2012. Mr. Doan served as Corporat ...


CEO Compensation Analysis

Trung's remuneration is lower than average for companies of similar size in United States of America.

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


Board Age and Tenure

11.0yrs

Average Tenure

64yo

Average Age

The average tenure for the SemiLEDs 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

  • Trung Doan (60yo)

    Founder

    • Tenure: 14.7yrs
    • Compensation: US$303.75k
  • Chris Wang

    Vice President of Administration

    • Tenure: 0yrs
  • Christopher Lee (48yo)

    CFO & Corporate Secretary

    • Tenure: 4yrs
    • Compensation: US$109.71k

Board Members

  • Trung Doan (60yo)

    Founder

    • Tenure: 14.7yrs
    • Compensation: US$303.75k
  • Scott Simplot (72yo)

    Director

    • Tenure: 14.5yrs
  • Roger Lee (60yo)

    Director

    • Tenure: 0yrs
    • Compensation: US$44.88k
  • Edward Hsieh (66yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: US$56.88k
  • Walter Gough (64yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: US$44.88k

Company Information

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


Key Information

  • Name: SemiLEDs Corporation
  • Ticker: LEDS
  • Exchange: NasdaqCM
  • Founded: 2005
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$8.793m
  • Shares outstanding: 3.59m
  • Website: https://www.semileds.com

Number of Employees


Location

  • SemiLEDs Corporation
  • Hsinchu Science Park
  • 3rd Floor
  • Chunan
  • 350
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LEDSNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 2010
6LD1DB (Deutsche Boerse AG)YesCommon StockDEEURDec 2010

Biography

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips and LED components in the United States, Taiwan, the Netherlands, France, China, Germany, Hong Kong, and internationa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 00:14
End of Day Share Price2019/09/13 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.