NasdaqGS:SLAB

Stock Analysis Report

Executive Summary

Silicon Laboratories Inc., a fabless semiconductor company, designs, develops, and markets mixed-signal integrated circuits (ICs) in the United States, China, and internationally.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.8%

SLAB

6.7%

US Semiconductor

3.4%

US Market


1 Year Return

28.0%

SLAB

18.4%

US Semiconductor

5.4%

US Market

Return vs Industry: SLAB exceeded the US Semiconductor industry which returned 18.4% over the past year.

Return vs Market: SLAB exceeded the US Market which returned 5.4% over the past year.


Shareholder returns

SLABIndustryMarket
7 Day2.8%6.7%3.4%
30 Day-2.9%0.6%-1.0%
90 Day6.5%6.6%-0.4%
1 Year28.0%28.0%20.8%18.4%7.7%5.4%
3 Year87.3%87.3%82.3%71.5%46.2%36.8%
5 Year183.0%183.0%140.3%115.5%65.6%47.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Silicon Laboratories undervalued compared to its fair value and its price relative to the market?

146.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SLAB ($109.5) is trading above our estimate of fair value ($42.05)

Significantly Undervalued: SLAB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SLAB is poor value based on its PE Ratio (146.7x) compared to the Semiconductor industry average (28.4x).

PE vs Market: SLAB is poor value based on its PE Ratio (146.7x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: SLAB is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: SLAB is overvalued based on its PB Ratio (4.5x) compared to the US Semiconductor industry average (2.8x).


Next Steps

Future Growth

How is Silicon Laboratories forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

73.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLAB's forecast earnings growth (73.7% per year) is above the savings rate (2.7%).

Earnings vs Market: SLAB's earnings (73.7% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SLAB's revenue (9.1% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: SLAB's revenue (9.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SLAB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Silicon Laboratories performed over the past 5 years?

13.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SLAB's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: SLAB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SLAB had negative earnings growth (-42.2%) over the past year, making it difficult to compare to the Semiconductor industry average (-6.2%).


Return on Equity

High ROE: SLAB's Return on Equity (3.1%) is considered low.


Return on Assets

ROA vs Industry: SLAB's Return on Assets is below or equal to the Semiconductor industry average last year.


Return on Capital Employed

ROCE Improving: SLAB has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Silicon Laboratories's financial position?


Financial Position Analysis

Short Term Liabilities: SLAB's short term assets ($847.6M) exceeds its short term liabilities ($131.0M)

Long Term Liabilities: SLAB's short term assets (847.6M) exceeds its long term liabilities (420.6M)


Debt to Equity History and Analysis

Debt Level: SLAB's debt to equity ratio (34.4%) is considered satisfactory

Reducing Debt: SLAB's debt to equity ratio has increased from 11.9% to 34.4% over the past 5 years.

Debt Coverage: SLAB's debt is well covered by operating cash flow (53.7%).

Interest Coverage: SLAB's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet

Inventory Level: SLAB has a low level of unsold assets or inventory.

Debt Coverage by Assets: SLAB's debt is covered by short term assets (assets are 2.345240x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate SLAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SLAB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SLAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SLAB'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 SLAB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Silicon Laboratories's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

G. Tuttle (51yo)

7.5yrs

Tenure

US$6,077,879

Compensation

Mr. G. Tyson Tuttle has been the Chief Executive Officer of Silicon Laboratories Inc. since April 19, 2012 and its President since February 16, 2016. Mr. Tuttle previously served as the President of Silico ...


CEO Compensation Analysis

Compensation vs. Market: G.'s total compensation ($USD6.08M) is about average for companies of similar size in the US market ($USD5.10M).

Compensation vs Earnings: G.'s compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.4yrs

Average Tenure

51yo

Average Age

Experienced Management: SLAB's management team is considered experienced (4.4 years average tenure).


Board Age and Tenure

6.5yrs

Average Tenure

56yo

Average Age

Experienced Board: SLAB's board of directors are considered experienced (6.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • John Hollister (49yo)

    Senior VP & CFO

    • Tenure: 6.3yrs
    • Compensation: US$2.48m
  • G. Tuttle (51yo)

    President

    • Tenure: 7.5yrs
    • Compensation: US$6.08m
  • Mark Thompson

    Senior VP & GM of Infrastructure

    • Tenure: 4.2yrs
  • Brandon Tolany (45yo)

    Senior Vice President of Worldwide Sales & Marketing

    • Tenure: 3.8yrs
    • Compensation: US$2.33m
  • Megan Lueders

    Chief Marketing Officer

    • Tenure: 0yrs
  • Lori Knowlton

    Chief People Officer & Senior VP

    • Tenure: 3.2yrs
  • Sandeep Kumar (54yo)

    Senior Vice President of Worldwide Operations

    • Tenure: 6.3yrs
    • Compensation: US$1.80m
  • Alessandro Piovaccari (54yo)

    Senior VP & CTO

    • Tenure: 4.7yrs
    • Compensation: US$2.02m
  • Daniel Cooley

    Senior VP & Chief Strategy Officer

    • Tenure: 3.2yrs
  • Jalene Hoover

    Director of IR & International Finance

    • Tenure: 0yrs

Board Members

  • Jack Lazar (54yo)

    Director

    • Tenure: 6.5yrs
    • Compensation: US$239.07k
  • Bill Bock (68yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$224.07k
  • Bill Wood (63yo)

    Lead Director

    • Tenure: 13.8yrs
    • Compensation: US$253.07k
  • Nav Sooch (56yo)

    Chairman

    • Tenure: 23.2yrs
    • Compensation: US$287.11k
  • Gregg Lowe (56yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: US$228.07k
  • Sumit Sadana (50yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: US$244.07k
  • G. Tuttle (51yo)

    President

    • Tenure: 7.5yrs
    • Compensation: US$6.08m
  • Christy Wyatt (47yo)

    Director

    • Tenure: 0.8yrs
  • Nina Richardson (60yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$237.07k

Company Information

Silicon Laboratories Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silicon Laboratories Inc.
  • Ticker: SLAB
  • Exchange: NasdaqGS
  • Founded: 1996
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$4.746b
  • Shares outstanding: 43.34m
  • Website: https://www.silabs.com

Number of Employees


Location

  • Silicon Laboratories Inc.
  • 400 West Cesar Chavez
  • Austin
  • Texas
  • 78701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLABNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 2000
LA5DB (Deutsche Boerse AG)YesCommon StockDEEURMar 2000
SLAB *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNMar 2000

Biography

Silicon Laboratories Inc., a fabless semiconductor company, designs, develops, and markets mixed-signal integrated circuits (ICs) in the United States, China, and internationally. The company offers Intern ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 23:42
End of Day Share Price2019/10/16 00:00
Earnings2019/06/29
Annual Earnings2018/12/29


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.