Maxim Integrated Products
Market Cap
US$26.5b
Last Updated
2021/08/03 23:25 UTC
Data Sources
Company Financials +
Executive Summary
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, rest of Asia, Europe, and internationally. More Details
Rewards
PE ratio (31.9x) is below the Semiconductor industry average (34.4x)
Risk Analysis
No risks detected for MXIM from our risk checks.
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Maxim Integrated Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MXIM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MXIM's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
MXIM
5.7%
US Semiconductor
0.9%
US Market
1 Year Return
42.7%
MXIM
51.5%
US Semiconductor
34.7%
US Market
Return vs Industry: MXIM underperformed the US Semiconductor industry which returned 53.4% over the past year.
Return vs Market: MXIM exceeded the US Market which returned 34.4% over the past year.
Shareholder returns
| MXIM | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 5.7% | 0.9% |
| 30 Day | -5.1% | 1.2% | 0.2% |
| 90 Day | 4.5% | 13.9% | 4.7% |
| 1 Year | 43.7%42.7% | 53.5%51.5% | 36.8%34.7% |
| 3 Year | 67.8%55.9% | 129.4%118.3% | 62.5%52.4% |
| 5 Year | 176.0%141.5% | 302.9%265.6% | 123.1%98.4% |
Long-Term Price Volatility Vs. Market
How volatile is Maxim Integrated Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
We Think Maxim Integrated Products (NASDAQ:MXIM) Can Manage Its Debt With Ease6 months ago | Simply Wall St
Maxim Integrated Products, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearValuation
Is Maxim Integrated Products undervalued compared to its fair value and its price relative to the market?
31.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MXIM ($98.75) is trading above our estimate of fair value ($80.23)
Significantly Below Fair Value: MXIM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MXIM is good value based on its PE Ratio (31.9x) compared to the US Semiconductor industry average (34.4x).
PE vs Market: MXIM is poor value based on its PE Ratio (31.9x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: MXIM is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: MXIM is overvalued based on its PB Ratio (11x) compared to the US Semiconductor industry average (4.8x).
Future Growth
How is Maxim Integrated Products forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
12.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MXIM's forecast earnings growth (12.3% per year) is above the savings rate (2%).
Earnings vs Market: MXIM's earnings (12.3% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: MXIM's earnings are forecast to grow, but not significantly.
Revenue vs Market: MXIM's revenue (6.6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: MXIM's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MXIM's Return on Equity is forecast to be high in 3 years time (21.8%)
Past Performance
How has Maxim Integrated Products performed over the past 5 years?
14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MXIM has high quality earnings.
Growing Profit Margin: MXIM's current net profit margins (31.4%) are higher than last year (30%).
Past Earnings Growth Analysis
Earnings Trend: MXIM's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: MXIM's earnings growth over the past year (26%) exceeds its 5-year average (14.6% per year).
Earnings vs Industry: MXIM earnings growth over the past year (26%) underperformed the Semiconductor industry 55.6%.
Return on Equity
High ROE: MXIM's Return on Equity (34.2%) is considered high.
Financial Health
How is Maxim Integrated Products's financial position?
Financial Position Analysis
Short Term Liabilities: MXIM's short term assets ($3.2B) exceed its short term liabilities ($637.3M).
Long Term Liabilities: MXIM's short term assets ($3.2B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: MXIM's debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: MXIM's debt to equity ratio has reduced from 58.8% to 39% over the past 5 years.
Debt Coverage: MXIM's debt is well covered by operating cash flow (98.2%).
Interest Coverage: MXIM's interest payments on its debt are well covered by EBIT (30.5x coverage).
Balance Sheet
Dividend
What is Maxim Integrated Products's current dividend yield, its reliability and sustainability?
0.48%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MXIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MXIM'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 MXIM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MXIM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MXIM is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MXIM'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?
4.6yrs
Average management tenure
CEO
Tunç Doluca (63 yo)
14.58yrs
Tenure
US$7,330,479
Compensation
Mr. Tunç Doluca has been the President and the Chief Executive Officer of Maxim Integrated Products, Inc. since January 1, 2007. Mr. Doluca served as Group President of Maxim Integrated Products Inc., sinc...
CEO Compensation Analysis
Compensation vs Market: Tunç's total compensation ($USD7.33M) is below average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Tunç's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MXIM's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: MXIM's board of directors are seasoned and experienced ( 13 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Maxim Integrated Products, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Maxim Integrated Products, Inc.
- Ticker: MXIM
- Exchange: NasdaqGS
- Founded: 1983
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$26.501b
- Shares outstanding: 268.36m
- Website: https://www.maximintegrated.com
Number of Employees
Location
- Maxim Integrated Products, Inc.
- 160 Rio Robles
- San Jose
- California
- 95134
- United States
Listings
Biography
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, rest of Asia, Europe, and internationally. T...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/03 23:25 |
| End of Day Share Price | 2021/08/03 00:00 |
| Earnings | 2021/06/26 |
| Annual Earnings | 2021/06/26 |
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.