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SWKS

Skyworks SolutionsNasdaqGS:SWKS Stock Report

Last Price

US$139.90

Market Cap

US$23.1b

7D

-10.1%

1Y

-13.3%

Updated

21 Jan, 2022

Data

Company Financials +
SWKS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends3/6

SWKS Stock Overview

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific.

Skyworks Solutions Competitors

NVIDIA

NasdaqGS:NVDA

US$603.8b

Broadcom

NasdaqGS:AVGO

US$226.1b

Intel

NasdaqGS:INTC

US$211.6b

QUALCOMM

NasdaqGS:QCOM

US$186.5b

Price History & Performance

Summary of all time highs, changes and price drops for Skyworks Solutions
Historical stock prices
Current Share PriceUS$139.90
52 Week HighUS$204.00
52 Week LowUS$139.61
Beta1.1
1 Month Change-8.21%
3 Month Change-15.27%
1 Year Change-13.25%
3 Year Change93.05%
5 Year Change52.05%
Change since IPO2,703.61%

Recent News & Updates

Jan 06

Skyworks, RF, Apple, And The Cirrus Logic Model

We doubt the validity of recent news claiming Apple is planning to abandon Skyworks and Broadcom products in its future mobile devices. It appears that Apple is headed toward designing out all of Qualcomm's products in the next 2-5 years. We do expect Apple to develop closer relationships with both Broadcom and Skyworks for the purpose of developing simpler RF designs. Both Broadcom and Skyworks may lose some ASP and margin in the process. In our view, it's about following the Cirrus Logic Model.

Dec 30
Is Skyworks Solutions (NASDAQ:SWKS) Using Too Much Debt?

Is Skyworks Solutions (NASDAQ:SWKS) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Dec 20
Here's Why We Think Skyworks Solutions (NASDAQ:SWKS) Is Well Worth Watching

Here's Why We Think Skyworks Solutions (NASDAQ:SWKS) Is Well Worth Watching

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

SWKSUS SemiconductorUS Market
7D-10.1%-8.4%-4.0%
1Y-13.3%15.7%6.6%

Return vs Industry: SWKS underperformed the US Semiconductor industry which returned 22.2% over the past year.

Return vs Market: SWKS underperformed the US Market which returned 7.7% over the past year.

Price Volatility

Is SWKS's price volatile compared to industry and market?
SWKS volatility
SWKS Average Weekly Movement4.5%
Semiconductor Industry Average Movement7.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: SWKS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SWKS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196211,000Liam Griffinhttps://www.skyworksinc.com

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, timing devices, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for use in the aerospace, automotive, broadband, cellular infrastructure, connected home, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets.

Skyworks Solutions Fundamentals Summary

How do Skyworks Solutions's earnings and revenue compare to its market cap?
SWKS fundamental statistics
Market CapUS$23.14b
Earnings (TTM)US$1.50b
Revenue (TTM)US$5.11b

15.4x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SWKS income statement (TTM)
RevenueUS$5.11b
Cost of RevenueUS$2.60b
Gross ProfitUS$2.51b
ExpensesUS$1.01b
EarningsUS$1.50b

Last Reported Earnings

Oct 01, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)9.06
Gross Margin49.18%
Net Profit Margin29.33%
Debt/Equity Ratio42.2%

How did SWKS perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Skyworks Solutions undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SWKS ($142.99) is trading below our estimate of fair value ($301.12)

Significantly Below Fair Value: SWKS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SWKS is good value based on its PE Ratio (15.8x) compared to the US Semiconductor industry average (28.7x).

PE vs Market: SWKS is good value based on its PE Ratio (15.8x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SWKS is overvalued based on its PB Ratio (4.5x) compared to the US Semiconductor industry average (4.2x).


Future Growth

How is Skyworks Solutions forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?

7.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SWKS's forecast earnings growth (7.9% per year) is above the savings rate (2%).

Earnings vs Market: SWKS's earnings (7.9% per year) are forecast to grow slower than the US market (13.1% per year).

High Growth Earnings: SWKS's earnings are forecast to grow, but not significantly.

Revenue vs Market: SWKS's revenue (8.5% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SWKS's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SWKS's Return on Equity is forecast to be high in 3 years time (22.4%)


Past Performance

How has Skyworks Solutions performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWKS has high quality earnings.

Growing Profit Margin: SWKS's current net profit margins (29.3%) are higher than last year (24.3%).


Past Earnings Growth Analysis

Earnings Trend: SWKS's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: SWKS's earnings growth over the past year (84%) exceeds its 5-year average (5.5% per year).

Earnings vs Industry: SWKS earnings growth over the past year (84%) exceeded the Semiconductor industry 80.5%.


Return on Equity

High ROE: SWKS's Return on Equity (28.3%) is considered high.


Financial Health

How is Skyworks Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: SWKS's short term assets ($2.9B) exceed its short term liabilities ($658.5M).

Long Term Liabilities: SWKS's short term assets ($2.9B) exceed its long term liabilities ($2.6B).


Debt to Equity History and Analysis

Debt Level: SWKS's net debt to equity ratio (22.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SWKS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SWKS's debt is well covered by operating cash flow (79.3%).

Interest Coverage: SWKS's interest payments on its debt are well covered by EBIT (136.3x coverage).


Balance Sheet


Dividend

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

1.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SWKS's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: SWKS's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (3.49%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SWKS has been paying a dividend for less than 10 years.

Growing Dividend: SWKS's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.7%), SWKS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SWKS's dividends in 3 years are forecast to be well covered by earnings (17.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Liam Griffin (54 yo)

7.67yrs

Tenure

US$21,800,439

Compensation

Mr. Liam K. Griffin serves as Chairman of the Board at Skyworks Solutions, Inc. since May 2021. Mr. Griffin has been the President of Skyworks Solutions, Inc. since May 8, 2014, and its Chief Executive Off...


CEO Compensation Analysis

Compensation vs Market: Liam's total compensation ($USD21.80M) is above average for companies of similar size in the US market ($USD11.31M).

Compensation vs Earnings: Liam's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SWKS's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: SWKS's board of directors are seasoned and experienced ( 11.8 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

Skyworks Solutions, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Skyworks Solutions, Inc.
  • Ticker: SWKS
  • Exchange: NasdaqGS
  • Founded: 1962
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: US$23.138b
  • Shares outstanding: 165.39m
  • Website: https://www.skyworksinc.com

Number of Employees


Location

  • Skyworks Solutions, Inc.
  • 5260 California Avenue
  • Irvine
  • California
  • 92617
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:43
End of Day Share Price2022/01/21 00:00
Earnings2021/10/01
Annual Earnings2021/10/01


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.