QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable and hearable devices, tablets, and the Internet-of-Things.
Adequate balance sheet with limited growth.
Share Price & News
How has QuickLogic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QUIK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: QUIK underperformed the US Semiconductor industry which returned 35.2% over the past year.
Return vs Market: QUIK underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is QuickLogic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDo Institutions Own Shares In QuickLogic Corporation (NASDAQ:QUIK)?
1 month ago | Simply Wall StQuickLogic (NASDAQ:QUIK) Has Debt But No Earnings; Should You Worry?
3 months ago | Simply Wall StWhy QuickLogic Corporation's (NASDAQ:QUIK) CEO Pay Matters To You
Is QuickLogic undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate QUIK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate QUIK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: QUIK is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: QUIK 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 QUIK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QUIK is overvalued based on its PB Ratio (3.3x) compared to the US Semiconductor industry average (3.1x).
How is QuickLogic forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QUIK is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: QUIK is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: QUIK is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: QUIK's revenue (43.2% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: QUIK's revenue (43.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if QUIK's Return on Equity is forecast to be high in 3 years time
How has QuickLogic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QUIK is currently unprofitable.
Growing Profit Margin: QUIK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QUIK is unprofitable, but has reduced losses over the past 5 years at a rate of 3.7% per year.
Accelerating Growth: Unable to compare QUIK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QUIK is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-28.7%).
Return on Equity
High ROE: QUIK has a negative Return on Equity (-111.73%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is QuickLogic's financial position?
Financial Position Analysis
Short Term Liabilities: QUIK's short term assets ($28.4M) exceed its short term liabilities ($18.0M).
Long Term Liabilities: QUIK's short term assets ($28.4M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: QUIK's debt to equity ratio (108.5%) is considered high.
Reducing Debt: QUIK's debt to equity ratio has increased from 2.8% to 108.5% over the past 5 years.
Inventory Level: QUIK has a low level of unsold assets or inventory.
Debt Coverage by Assets: QUIK's debt is covered by short term assets (assets are 1.9x 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.
Stable Cash Runway: QUIK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: QUIK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -3.5% each year
What is QuickLogic's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate QUIK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate QUIK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QUIK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QUIK'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 QUIK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Faith (44yo)
Mr. Brian C. Faith has been the Chief Executive Officer, President and Director of QuickLogic Corporation since June 24, 2016. Mr. Faith served as Vice President of Worldwide Marketing at QuickLogic Corpor ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD919.29K) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.
|CFO & VP of Finance||3yrs||US$526.45k||0.096% $43.7k|
|Senior VP of Worldwide Engineering & CTO||13.5yrs||US$520.37k||0.16% $73.2k|
|Co-Founder||0yrs||no data||no data|
|Vice President of Worldwide Operations||5.8yrs||US$287.05k||no data|
Experienced Management: QUIK's management team is considered experienced (4.8 years average tenure).
|Independent Chairman of the Board||0.2yrs||US$51.50k||0.056% $25.7k|
|Independent Director||14.7yrs||US$50.50k||0.052% $24.0k|
|Independent Director||17.7yrs||US$48.00k||0.053% $24.1k|
|Independent Director||15.4yrs||US$55.00k||0.058% $26.6k|
|Member of Advisory Board||2.7yrs||no data||no data|
|Independent Director||5.3yrs||US$47.50k||0.069% $31.4k|
|Member of Advisory Board||11.8yrs||no data||no data|
|Member of Advisory Board||5.7yrs||no data||no data|
Experienced Board: QUIK's board of directors are considered experienced (7.3 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.4%.
QuickLogic Corporation's company bio, employee growth, exchange listings and data sources
- Name: QuickLogic Corporation
- Ticker: QUIK
- Exchange: NasdaqCM
- Founded: 1988
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$45.708m
- Shares outstanding: 8.33m
- Website: https://www.quicklogic.com
Number of Employees
- QuickLogic Corporation
- 2220 Lundy Avenue
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QUIK||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 1999|
|QKL1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1999|
QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable and hearable devices, tablets, and the Internet-of-Things. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low field programmable gate arrays (FPGAs), and programming hardware and design software solutions. The company’s products include pASIC 3, QuickRAM, and QuickPCI. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. The company develops its solutions by incorporating various silicon platforms, such as EOS S3, EOS3 LV, EOS S3AI, ArcticLink III S2, ArcticLink III VX and BX, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, as well as packaging, IPs, custom logic, software drivers, SensiML analytics, and architecture consulting. In addition, it licenses FPGA technology for use in other semiconductor companies SoCs. The company markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and Asia. QuickLogic Corporation has a collaboration with Airoha. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 02:13|
|End of Day Share Price||2020/02/21 00:00|
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.