SITM Stock Overview
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$198.38|
|52 Week High||US$341.77|
|52 Week Low||US$82.02|
|1 Month Change||7.38%|
|3 Month Change||-8.61%|
|1 Year Change||134.99%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||963.70%|
Recent News & Updates
SiTime (NASDAQ:SITM) Could Be Struggling To Allocate Capital
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
|SITM||US Semiconductor||US Market|
Return vs Industry: SITM exceeded the US Semiconductor industry which returned 3.5% over the past year.
Return vs Market: SITM exceeded the US Market which returned -10.8% over the past year.
|SITM Average Weekly Movement||13.2%|
|Semiconductor Industry Average Movement||8.7%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: SITM is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: SITM's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense.
SiTime Fundamentals Summary
|SITM fundamental statistics|
Is SITM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SITM income statement (TTM)|
|Cost of Revenue||US$87.64m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.00|
|Net Profit Margin||16.56%|
How did SITM perform over the long term?See historical performance and comparison
Is SiTime undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SITM ($198.38) is trading below our estimate of fair value ($266.62)
Significantly Below Fair Value: SITM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SITM is poor value based on its PE Ratio (99.4x) compared to the US Semiconductor industry average (19x).
PE vs Market: SITM is poor value based on its PE Ratio (99.4x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: SITM is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: SITM is overvalued based on its PB Ratio (6.4x) compared to the US Semiconductor industry average (3.4x).
How is SiTime forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SITM's forecast earnings growth (22.5% per year) is above the savings rate (1.9%).
Earnings vs Market: SITM's earnings (22.5% per year) are forecast to grow faster than the US market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SITM's revenue (18.8% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: SITM's revenue (18.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SITM's Return on Equity is forecast to be low in 3 years time (15.3%).
How has SiTime performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SITM has high quality earnings.
Growing Profit Margin: SITM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SITM's earnings have grown significantly by 64.2% per year over the past 5 years.
Accelerating Growth: SITM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SITM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (70.5%).
Return on Equity
High ROE: SITM's Return on Equity (6.4%) is considered low.
How is SiTime's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SITM's short term assets ($637.7M) exceed its short term liabilities ($34.1M).
Long Term Liabilities: SITM's short term assets ($637.7M) exceed its long term liabilities ($10.1M).
Debt to Equity History and Analysis
Debt Level: SITM is debt free.
Reducing Debt: SITM had no debt 5 years ago.
Debt Coverage: SITM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SITM has no debt, therefore coverage of interest payments is not a concern.
What is SiTime current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SITM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SITM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SITM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SITM's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SITM has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajesh Vashist (63 yo)
Mr. Rajesh Vashist has been the Chief Executive Officer and President of SiTime Corporation since September 4, 2007, serves as its Chairman since November 1, 2019, and serves as its President. Mr. Vashist...
CEO Compensation Analysis
Compensation vs Market: Rajesh's total compensation ($USD10.91M) is above average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.
Experienced Management: SITM's management team is seasoned and experienced (6 years average tenure).
Experienced Board: SITM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SITM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.
SiTime Corporation's employee growth, exchange listings and data sources
- Name: SiTime Corporation
- Ticker: SITM
- Exchange: NasdaqGM
- Founded: 2003
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: US$3.887b
- Shares outstanding: 21.04m
- Website: https://www.sitime.com
Number of Employees
- SiTime Corporation
- 5451 Patrick Henry Drive
- Santa Clara
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 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.