Skyworks Solutions
Market Cap
US$31.1b
Last Updated
2021/04/13 22:22 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 in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. More Details
Rewards
Risk Analysis
No risks detected for SWKS from our risk checks.
Snowflake Analysis
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
Stable Share Price: SWKS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SWKS's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
0.2%
SWKS
0.5%
US Semiconductor
1.3%
US Market
1 Year Return
97.8%
SWKS
79.5%
US Semiconductor
53.9%
US Market
Return vs Industry: SWKS exceeded the US Semiconductor industry which returned 86.2% over the past year.
Return vs Market: SWKS exceeded the US Market which returned 57.9% over the past year.
Shareholder returns
| SWKS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 0.5% | 1.3% |
| 30 Day | 9.9% | 9.2% | 2.8% |
| 90 Day | 19.9% | 7.7% | 6.6% |
| 1 Year | 100.5%97.8% | 82.3%79.5% | 56.6%53.9% |
| 3 Year | 100.2%90.3% | 118.4%107.1% | 62.7%52.3% |
| 5 Year | 183.2%162.1% | 344.7%301.5% | 120.5%95.9% |
Long-Term 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
18 hours ago | Simply Wall St
Have Insiders Been Selling Skyworks Solutions, Inc. (NASDAQ:SWKS) Shares?2 weeks ago | Simply Wall St
Are Institutions Heavily Invested In Skyworks Solutions, Inc.'s (NASDAQ:SWKS) Shares?4 weeks ago | Simply Wall St
Should You Investigate Skyworks Solutions, Inc. (NASDAQ:SWKS) At US$172?Valuation
Is Skyworks Solutions undervalued compared to its fair value and its price relative to the market?
18.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SWKS ($189.29) is trading below our estimate of fair value ($230.98)
Significantly Below Fair Value: 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 (29.7x) compared to the US Semiconductor industry average (39.6x).
PE vs Market: SWKS is poor value based on its PE Ratio (29.7x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: SWKS is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: SWKS is overvalued based on its PB Ratio (7.1x) compared to the US Semiconductor industry average (5.1x).
Future Growth
How is Skyworks Solutions forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
9.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SWKS's forecast earnings growth (9.7% per year) is above the savings rate (2%).
Earnings vs Market: SWKS's earnings (9.7% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: SWKS's earnings are forecast to grow, but not significantly.
Revenue vs Market: SWKS's revenue (7.1% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: SWKS's revenue (7.1% 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 (33.1%)
Past Performance
How has Skyworks Solutions performed over the past 5 years?
-2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SWKS has high quality earnings.
Growing Profit Margin: SWKS's current net profit margins (26.9%) are higher than last year (25%).
Past Earnings Growth Analysis
Earnings Trend: SWKS's earnings have declined by 2% per year over the past 5 years.
Accelerating Growth: SWKS's earnings growth over the past year (29.5%) exceeds its 5-year average (-2% per year).
Earnings vs Industry: SWKS earnings growth over the past year (29.5%) underperformed the Semiconductor industry 30%.
Return on Equity
High ROE: SWKS's Return on Equity (24.2%) is considered high.
Financial Health
How is Skyworks Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: SWKS's short term assets ($2.6B) exceed its short term liabilities ($507.6M).
Long Term Liabilities: SWKS's short term assets ($2.6B) exceed its long term liabilities ($497.3M).
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
Dividend
What is Skyworks Solutions's current dividend yield, its reliability and sustainability?
1.06%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SWKS's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: SWKS's dividend (1.06%) is low compared to the top 25% of dividend payers in the US market (3.5%).
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 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.5%), 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 (18.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Liam Griffin (53 yo)
4.92yrs
Tenure
US$21,800,439
Compensation
Mr. Liam K. Griffin has been the President of Skyworks Solutions, Inc. since May 8, 2014, and its Chief Executive Officer since May 11, 2016. Mr. Griffin has been an Independent Director at National Instru...
CEO Compensation Analysis
Compensation vs Market: Liam's total compensation ($USD21.80M) is above average for companies of similar size in the US market ($USD10.98M).
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 (4.3 years average tenure).
Board Members
Experienced Board: SWKS's board of directors are considered experienced (6.9 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 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$31.056b
- Shares outstanding: 165.09m
- Website: https://www.skyworksinc.com
Number of Employees
Location
- Skyworks Solutions, Inc.
- 5260 California Avenue
- Irvine
- California
- 92617
- United States
Listings
Biography
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:22 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2021/01/01 |
| Annual Earnings | 2020/10/02 |
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.