Skyworks Solutions
Market Cap
US$15.1b
Last Updated
2019/10/19 23:40 UTC
Data Sources
Company Financials +
Executive Summary
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide.
Snowflake
Fundamentals
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Skyworks Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.8%
SWKS
-0.01%
US Semiconductor
0.4%
US Market
1 Year Return
3.1%
SWKS
21.5%
US Semiconductor
6.9%
US Market
Return vs Industry: SWKS underperformed the US Semiconductor industry which returned 21.5% over the past year.
Return vs Market: SWKS underperformed the US Market which returned 6.9% over the past year.
Shareholder returns
| SWKS | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | -0.01% | 0.4% |
| 30 Day | 10.7% | -0.4% | -1.1% |
| 90 Day | 7.9% | 3.3% | -0.5% |
| 1 Year | 5.3%3.1% | 23.9%21.5% | 9.3%6.9% |
| 3 Year | 18.8%13.3% | 80.5%69.8% | 45.8%36.4% |
| 5 Year | 71.2%59.5% | 132.4%108.4% | 62.9%45.1% |
Price Volatility Vs. Market
How volatile is Skyworks Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Type Of Shareholder Owns Skyworks Solutions, Inc.'s (NASDAQ:SWKS)?3 weeks ago | Simply Wall St
Is Skyworks Solutions, Inc. (NASDAQ:SWKS) Trading At A 36% Discount?1 month ago | Simply Wall St
Here's How P/E Ratios Can Help Us Understand Skyworks Solutions, Inc. (NASDAQ:SWKS)Valuation
Is Skyworks Solutions undervalued compared to its fair value and its price relative to the market?
36.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: SWKS ($87.77) is trading below our estimate of fair value ($138.31)
Significantly Undervalued: SWKS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SWKS is good value based on its PE Ratio (16.6x) compared to the Semiconductor industry average (27.4x).
PE vs Market: SWKS is good value based on its PE Ratio (16.6x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: SWKS is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: SWKS is overvalued based on its PB Ratio (3.7x) compared to the US Semiconductor industry average (2.7x).
Next Steps
Future Growth
How is Skyworks Solutions forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
10.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SWKS's forecast earnings growth (10.3% per year) is above the savings rate (2.7%).
Earnings vs Market: SWKS's earnings (10.3% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: SWKS's earnings are forecast to grow, but not significantly.
Revenue vs Market: SWKS's revenue (5.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: SWKS's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: SWKS's Return on Equity is forecast to be high in 3 years time (26.7%)
Next Steps
Past Performance
How has Skyworks Solutions performed over the past 5 years?
11.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SWKS's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: SWKS's earnings growth over the past year (1.6%) is below its 5-year average (11.2% per year).
Earnings vs Industry: SWKS earnings growth over the past year (1.6%) exceeded the Semiconductor industry -6.2%.
Return on Equity
High ROE: SWKS's Return on Equity (22.6%) is considered high.
Return on Assets
ROA vs Industry: SWKS has a higher Return on Assets than the Semiconductor industry average last year.
Return on Capital Employed
ROCE Improving: SWKS's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Skyworks Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: SWKS's short term assets ($2.2B) exceeds its short term liabilities ($396.5M)
Long Term Liabilities: SWKS's short term assets (2.2B) exceeds its long term liabilities (345.9M)
Debt to Equity History and Analysis
Debt Level: SWKS is debt free.
Reducing Debt: SWKS has not had any debt for past 5 years.
Debt Coverage: SWKS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SWKS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: SWKS has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SWKS's debt is covered by short term assets.
Next Steps
Dividend
What is Skyworks Solutions's current dividend yield, its reliability and sustainability?
2.01%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SWKS's dividend (2.01%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SWKS's dividend (2.01%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.7%), 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 (25.1% payout ratio).
Next Steps
Management
What is the CEO of Skyworks Solutions's salary, the management and board of directors tenure and is there insider trading?
3.2yrs
Average management tenure
CEO
Liam Griffin (52yo)
3.4yrs
Tenure
US$9,342,113
Compensation
Mr. Liam K. Griffin has been the President of Skyworks Solutions, Inc. since May 8, 2014 and its Chief Executive Officer since May 11, 2016. Mr. Griffin has been an Independent Director at National Instrum ...
CEO Compensation Analysis
Compensation vs. Market: Liam's total compensation ($USD9.34M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Liam's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.2yrs
Average Tenure
52yo
Average Age
Experienced Management: SWKS's management team is considered experienced (3.2 years average tenure).
Board Age and Tenure
9.4yrs
Average Tenure
59yo
Average Age
Experienced Board: SWKS's board of directors are considered experienced (9.4 years average tenure).
Insider Trading
Insider Buying: SWKS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Employee Director |
| Shares | 3,500 |
| Max Price | US$83.30 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Employee Director |
| Shares | 2,500 |
| Max Price | US$73.51 |
Ownership Breakdown
Management Team
Mitch Haws (55yo)
Vice President of Investor Relations
- Tenure: 3.3yrs
Liam Griffin (52yo)
CEO, President & Director
- Tenure: 3.4yrs
- Compensation: US$9.34m
Pilar Barrigas
Head of Media Relations
- Tenure: 0yrs
Peter Gammel (58yo)
Chief Technology Officer
- Tenure: 6.6yrs
- Compensation: US$2.29m
Kris Sennesael (50yo)
Senior VP & CFO
- Tenure: 3.2yrs
- Compensation: US$3.33m
Kari Durham (51yo)
Senior Vice President of Human Resources
- Tenure: 0yrs
Carlos Bori (48yo)
Senior Vice President of Sales & Marketing
- Tenure: 3.3yrs
- Compensation: US$3.15m
Joel King (45yo)
Senior VP & GM of Mobile Solutions Business
- Tenure: 1.8yrs
Robert Terry (53yo)
Senior VP
- Tenure: 2.9yrs
- Compensation: US$2.24m
Steve Machuga (54yo)
Vice President of Worldwide Operations
- Tenure: 2.7yrs
Board Members
Rob Schriesheim (58yo)
Independent Non-Employee Director
- Tenure: 13.4yrs
- Compensation: US$300.11k
Bala Iyer (62yo)
Non-Employee Director
- Tenure: 17.3yrs
- Compensation: US$297.36k
Kevin Beebe (60yo)
Non-Employee Director
- Tenure: 15.8yrs
- Compensation: US$293.61k
Dave Aldrich (62yo)
Chairman of the Board
- Tenure: 5.4yrs
- Compensation: US$10.81m
Tim Furey (61yo)
Non-Employee Director
- Tenure: 21.8yrs
- Compensation: US$286.61k
Dave McGlade (58yo)
Non-Employee Director
- Tenure: 14.7yrs
- Compensation: US$286.61k
Liam Griffin (52yo)
CEO, President & Director
- Tenure: 3.4yrs
- Compensation: US$9.34m
Chris King (69yo)
Lead Independent Director
- Tenure: 0.4yrs
- Compensation: US$291.61k
Alan Batey (56yo)
Director
- Tenure: 0.2yrs
Kim Stevenson (56yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$205.00k
Company Information
Skyworks Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Skyworks Solutions, Inc.
- Ticker: SWKS
- Exchange: NasdaqGS
- Founded: 1962
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$15.070b
- Shares outstanding: 171.70m
- Website: https:// www.skyworksinc.com
Number of Employees
Location
- Skyworks Solutions, Inc.
- 20 Sylvan Road
- Woburn
- Massachusetts
- 1801
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SWKS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jun 2002 |
| AWM | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 2002 |
| SWKS | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jun 2002 |
| 0L77 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jun 2002 |
Biography
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio i ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:40 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/28 |
| Annual Earnings | 2018/09/28 |
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.