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Skyworks Solutions

Nasdaq:SWKS
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SWKS
Nasdaq
$14B
Market Cap
  1. Home
  2. US
  3. Semiconductors
Company description

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. The last earnings update was 15 days ago. More info.


Add to Portfolio Compare Print
  • Skyworks Solutions has significant price volatility in the past 3 months.
SWKS Share Price and Events
7 Day Returns
-2.2%
NasdaqGS:SWKS
1.1%
US Semiconductor
1.4%
US Market
1 Year Returns
-23.8%
NasdaqGS:SWKS
-2.4%
US Semiconductor
2.3%
US Market
SWKS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Skyworks Solutions (SWKS) -2.2% 18.7% 15.8% -23.8% 26.7% 133.9%
US Semiconductor 1.1% 11.6% 13.9% -2.4% 94.3% 105.7%
US Market 1.4% 5.6% 5.7% 2.3% 44.2% 40.9%
1 Year Return vs Industry and Market
  • SWKS underperformed the Semiconductor industry which returned -2.4% over the past year.
  • SWKS underperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
SWKS
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Skyworks Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Skyworks Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Skyworks Solutions.

NasdaqGS:SWKS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 25 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SWKS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Semiconductor Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.124 (1 + (1- 21%) (0%))
1.124
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.124 * 7.27%)
10.9%

Discounted Cash Flow Calculation for NasdaqGS:SWKS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Skyworks Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SWKS DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 1,194.80 1,116.06 1,244.31 1,387.30 1,546.71
Source Analyst x6 Analyst x5 Est @ 11.49% Est @ 11.49% Est @ 11.49%
Present Value
Discounted (@ 10.9%)
1,077.33 907.40 912.21 917.05 921.91
Present value of next 5 years cash flows $4,735.90
NasdaqGS:SWKS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $1,546.71 × (1 + 2.73%) ÷ (10.9% – 2.73%)
$19,440.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $19,440.61 ÷ (1 + 10.9%)5
$11,587.44
NasdaqGS:SWKS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $4,735.90 + $11,587.44
$16,323.34
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $16,323.34 / 174.06
$93.78
NasdaqGS:SWKS Discount to Share Price
Calculation Result
Value per share (USD) From above. $93.78
Current discount Discount to share price of $81.76
= -1 x ($81.76 - $93.78) / $93.78
12.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Skyworks Solutions is available for.
Intrinsic value
13%
Share price is $81.76 vs Future cash flow value of $93.78
Current Discount Checks
For Skyworks Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Skyworks Solutions's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Skyworks Solutions's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Skyworks Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Skyworks Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SWKS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-28) in USD $6.31
NasdaqGS:SWKS Share Price ** NasdaqGS (2019-02-21) in USD $81.76
United States of America Semiconductor Industry PE Ratio Median Figure of 68 Publicly-Listed Semiconductor Companies 17.83x
United States of America Market PE Ratio Median Figure of 3,045 Publicly-Listed Companies 17.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Skyworks Solutions.

NasdaqGS:SWKS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SWKS Share Price ÷ EPS (both in USD)

= 81.76 ÷ 6.31

12.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Skyworks Solutions is good value based on earnings compared to the US Semiconductor industry average.
  • Skyworks Solutions is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Skyworks Solutions's expected growth come at a high price?
Raw Data
NasdaqGS:SWKS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 25 Analysts
10.3%per year
United States of America Semiconductor Industry PEG Ratio Median Figure of 65 Publicly-Listed Semiconductor Companies 1.23x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

NasdaqGS:SWKS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.97x ÷ 10.3%

1.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Skyworks Solutions is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Skyworks Solutions's assets?
Raw Data
NasdaqGS:SWKS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-28) in USD $23.20
NasdaqGS:SWKS Share Price * NasdaqGS (2019-02-21) in USD $81.76
United States of America Semiconductor Industry PB Ratio Median Figure of 107 Publicly-Listed Semiconductor Companies 2.57x
United States of America Market PB Ratio Median Figure of 5,129 Publicly-Listed Companies 1.87x
NasdaqGS:SWKS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SWKS Share Price ÷ Book Value per Share (both in USD)

= 81.76 ÷ 23.20

3.52x

* Primary Listing of Skyworks Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Skyworks Solutions is overvalued based on assets compared to the US Semiconductor industry average.
X
Value checks
We assess Skyworks Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Semiconductor industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Semiconductor industry average (and greater than 0)? (1 check)
  5. Skyworks Solutions has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Skyworks Solutions expected to grow at an attractive rate?
  • Skyworks Solutions's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Skyworks Solutions's earnings growth is positive but not above the United States of America market average.
  • Skyworks Solutions's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SWKS Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SWKS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 25 Analysts 10.3%
NasdaqGS:SWKS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 25 Analysts 7.1%
United States of America Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 4.5%
United States of America Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SWKS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 25 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SWKS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 4,207 1,445 6
2020-09-30 3,810 1,518 1,116 25
2019-09-30 3,562 1,646 998 25
NasdaqGS:SWKS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-28 3,788 1,449 1,133
2018-09-28 3,868 1,261 918
2018-06-29 3,844 1,486 914
2018-03-30 3,851 1,542 874
2017-12-29 3,789 1,321 823
2017-09-29 3,651 1,456 1,010
2017-06-30 3,502 1,494 976
2017-03-31 3,353 1,321 915
2016-12-30 3,277 1,246 898
2016-09-30 3,289 1,078 995
2016-07-01 3,334 873 978
2016-04-01 3,393 954 1,000
2016-01-01 3,380 955 958

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Skyworks Solutions's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Skyworks Solutions's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SWKS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 25 Analyst Estimates (S&P Global) See Below

All data from Skyworks Solutions Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SWKS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 8.93 8.93 8.93 1.00
2020-09-30 6.50 7.14 5.74 13.00
2019-09-30 5.71 5.99 5.26 13.00
NasdaqGS:SWKS Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-28 6.31
2018-09-28 5.07
2018-06-29 5.01
2018-03-30 4.77
2017-12-29 4.47
2017-09-29 5.48
2017-06-30 5.28
2017-03-31 4.92
2016-12-30 4.79
2016-09-30 5.27
2016-07-01 5.15
2016-04-01 5.26
2016-01-01 5.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Skyworks Solutions is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Skyworks Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Skyworks Solutions has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Skyworks Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Skyworks Solutions's growth in the last year to its industry (Semiconductor).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Skyworks Solutions's year on year earnings growth rate has been positive over the past 5 years.
  • Skyworks Solutions's 1-year earnings growth exceeds its 5-year average (37.3% vs 16.8%)
  • Skyworks Solutions's earnings growth has not exceeded the US Semiconductor industry average in the past year (37.3% vs 51.1%).
Earnings and Revenue History
Skyworks Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Skyworks Solutions Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SWKS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-28 3,788.10 1,132.90 216.20 415.70
2018-09-28 3,868.00 918.40 219.70 404.50
2018-06-29 3,844.20 914.20 218.90 393.30
2018-03-30 3,850.70 873.90 218.80 388.50
2017-12-29 3,789.00 822.80 206.30 371.20
2017-09-29 3,651.40 1,010.20 205.90 355.20
2017-06-30 3,502.20 975.70 201.50 336.60
2017-03-31 3,353.10 914.50 198.90 322.50
2016-12-30 3,276.50 897.70 195.10 312.90
2016-09-30 3,289.00 995.20 195.90 312.40
2016-07-01 3,334.40 977.60 190.00 321.60
2016-04-01 3,392.70 1,000.00 191.70 320.50
2016-01-01 3,379.70 958.40 195.10 316.20
2015-10-02 3,258.40 798.30 191.30 303.20
2015-07-03 3,095.90 744.00 186.90 288.80
2015-04-03 2,872.90 648.00 184.10 276.20
2015-01-02 2,591.80 558.40 178.60 262.30
2014-10-03 2,291.50 457.70 179.10 252.20
2014-06-27 2,050.20 367.00 170.40 239.50
2014-03-28 1,899.30 321.30 164.90 231.90
2013-12-27 1,843.50 306.10 162.70 226.60
2013-09-27 1,792.00 278.10 159.70 226.30
2013-06-28 1,736.10 255.40 160.30 227.60
2013-03-29 1,689.10 239.00 156.30 227.00
2012-12-28 1,628.56 211.37 148.09 223.66
2012-09-28 1,568.60 202.00 158.40 212.50
2012-06-29 1,549.82 204.71 149.77 203.31
2012-03-30 1,516.79 206.96 149.57 190.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Skyworks Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Skyworks Solutions used its assets more efficiently than the US Semiconductor industry average last year based on Return on Assets.
  • Skyworks Solutions's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Skyworks Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Semiconductor industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Skyworks Solutions has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Skyworks Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Skyworks Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Skyworks Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Skyworks Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Skyworks Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Skyworks Solutions has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Skyworks Solutions Company Filings, last reported 1 month ago.

NasdaqGS:SWKS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-28 4,038.30 0.00 1,099.10
2018-09-28 4,097.00 0.00 1,027.40
2018-06-29 4,082.90 0.00 1,542.50
2018-03-30 4,070.20 0.00 1,881.30
2017-12-29 3,900.50 0.00 1,681.50
2017-09-29 4,065.70 0.00 1,616.80
2017-06-30 3,897.80 0.00 1,444.00
2017-03-31 3,791.80 0.00 1,406.90
2016-12-30 3,660.30 0.00 1,350.50
2016-09-30 3,541.40 0.00 1,083.80
2016-07-01 3,514.30 0.00 976.00
2016-04-01 3,543.30 0.00 1,179.80
2016-01-01 3,482.60 0.00 1,233.20
2015-10-02 3,159.20 0.00 1,045.90
2015-07-03 3,042.00 0.00 1,106.00
2015-04-03 2,863.50 0.00 1,054.20
2015-01-02 2,710.10 0.00 1,049.90
2014-10-03 2,532.40 0.00 805.80
2014-06-27 2,389.00 0.00 893.30
2014-03-28 2,291.40 0.00 797.80
2013-12-27 2,212.20 0.00 648.60
2013-09-27 2,101.10 0.00 511.10
2013-06-28 2,000.10 0.00 400.30
2013-03-29 2,000.00 0.00 458.80
2012-12-28 1,943.97 0.00 377.54
2012-09-28 1,905.50 0.00 307.10
2012-06-29 1,801.67 0.00 327.10
2012-03-30 1,720.24 0.00 306.47
  • Skyworks Solutions has no debt.
  • Skyworks Solutions has not taken on any debt in the past 5 years.
  • Skyworks Solutions has no debt, it does not need to be covered by operating cash flow.
  • Skyworks Solutions has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Skyworks Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Skyworks Solutions has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.86%
Current annual income from Skyworks Solutions dividends. Estimated to be 1.81% next year.
If you bought $2,000 of Skyworks Solutions shares you are expected to receive $37 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Skyworks Solutions's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Skyworks Solutions's dividend is below the markets top 25% of dividend payers in United States of America (3.54%).
Upcoming dividend payment

Purchase Skyworks Solutions on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SWKS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 25 Analyst Estimates (S&P Global) See Below
United States of America Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2001 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SWKS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.88 4.00
2020-09-30 1.66 10.00
2019-09-30 1.54 9.00
NasdaqGS:SWKS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-06 1.520 1.835
2019-02-05 1.520 1.898
2018-11-15 1.520 2.196
2018-11-08 1.520 2.035
2018-05-03 1.280 1.373
2018-02-05 1.280 1.263
2017-07-20 1.280 1.240
2017-04-27 1.120 1.088
2017-02-07 1.120 1.152
2017-01-19 1.120 1.240
2016-07-21 1.120 1.507
2016-05-04 1.040 1.606
2016-04-28 1.040 1.540
2016-02-03 1.040 1.484
2016-01-28 1.040 1.549
2015-06-18 1.040 1.249
2015-05-06 0.520 0.503
2015-04-30 0.520 0.543
2014-11-06 0.520 0.653
2014-07-17 0.440 0.811
2014-04-22 0.440 0.993

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Skyworks Solutions has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Skyworks Solutions only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Skyworks Solutions's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.3x coverage).
X
Income/ dividend checks
We assess Skyworks Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Skyworks Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Skyworks Solutions has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Liam Griffin
COMPENSATION $9,342,113
AGE 51
TENURE AS CEO 2.8 years
CEO Bio

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 serves as Senior Vice President of Sales and Marketing at Advanced Analogic Technologies, Inc. Mr. Griffin served as an Executive Vice President of Skyworks Solutions Inc. since May 2011 until May 08, 2014 and served as its Corporate General Manager since November 20, 2012 until May 08, 2014. He served as Executive Vice President of the High-Performance Analog Group at Skyworks Solutions. He served as Senior Vice President of Sales and Marketing of Skyworks Solutions Inc since August 2001 until May 2011. and served as its General Manager of High Performance Analog from May 2011 to November 2012. He brought a strong global perspective and experience as a key architect of Skyworks' strategy to cement its leadership position in mobile communications. He served as a Vice President, Sales and Marketing of Skyworks Solutions Inc. since August 2001. He served as a Senior Vice President of Sales and Marketing and Vice President - Sales and Marketing at Alpha Industries Inc. He served as Vice President of Worldwide Sales of Vectron International, a division of Dover Corp. from 1997 to 2001 and served as its the Vice President of North American sales from 1995 to 1997. His prior experience included positions in marketing and engineering with units of AT&T Corp. He served as Marketing Manager at&T Microelectronics, Inc. and product and Process Engineer at&T Network Systems. He has been an Independent Director at Vicor Corp., since October 1, 2009. Mr. Griffin holds an M.B.A. degree from Boston University and a B.S. degree in Mechanical Engineering from the University of Massachusetts. He has breadth of leadership experience and in-depth understanding of Skyworks’ business gained through serving in several different executive positions at Skyworks over the past 16 years. Mr. Griffin brings to the Board of Directors strong relationships with Skyworks’ key customers, investors, employees, and other stakeholders, as well as a deep understanding of the semiconductor industry and its competitive landscape.

CEO Compensation
  • Liam's compensation has been consistent with company performance over the past year.
  • Liam's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Skyworks Solutions management team in years:

2.5
Average Tenure
51
Average Age
  • The tenure for the Skyworks Solutions management team is about average.
Management Team

Liam Griffin

TITLE
CEO, President & Director
COMPENSATION
$9M
AGE
51
TENURE
2.8 yrs

Kris Sennesael

TITLE
Senior VP & CFO
COMPENSATION
$3M
AGE
49
TENURE
2.5 yrs

Peter Gammel

TITLE
Chief Technology Officer
COMPENSATION
$2M
AGE
57
TENURE
5.9 yrs

Robert Terry

TITLE
Senior VP
COMPENSATION
$2M
AGE
52
TENURE
2.3 yrs

Carlos Bori

TITLE
Senior Vice President of Sales & Marketing
COMPENSATION
$3M
AGE
47
TENURE
2.7 yrs

Steve Machuga

TITLE
Vice President of Worldwide Operations
AGE
53
TENURE
2 yrs

Mitch Haws

TITLE
Vice President of Investor Relations
AGE
54
TENURE
2.6 yrs

Kari Durham

TITLE
Senior Vice President of Human Resources
AGE
50

Pilar Barrigas

TITLE
Head of Media Relations

Joel King

TITLE
Senior VP & GM of Mobile Solutions Business
AGE
44
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Skyworks Solutions board of directors in years:

8.9
Average Tenure
59.5
Average Age
  • The tenure for the Skyworks Solutions board of directors is about average.
Board of Directors

Dave Aldrich

TITLE
Chairman of the Board
COMPENSATION
$11M
AGE
61
TENURE
4.8 yrs

Liam Griffin

TITLE
CEO, President & Director
COMPENSATION
$9M
AGE
51
TENURE
2.8 yrs

Bala Iyer

TITLE
Non-Employee Director
COMPENSATION
$297K
AGE
61
TENURE
16.7 yrs

Rob Schriesheim

TITLE
Independent Non-Employee Director
COMPENSATION
$300K
AGE
57
TENURE
12.8 yrs

Chris King

TITLE
Director
COMPENSATION
$292K
AGE
68
TENURE
5.1 yrs

Dave McLachlan

TITLE
Lead Independent Director
COMPENSATION
$339K
AGE
79
TENURE
4.8 yrs

Tim Furey

TITLE
Non-Employee Director
COMPENSATION
$287K
AGE
60
TENURE
21.1 yrs

Kevin Beebe

TITLE
Non-Employee Director
COMPENSATION
$294K
AGE
59
TENURE
15.1 yrs

Dave McGlade

TITLE
Non-Employee Director
COMPENSATION
$287K
AGE
57
TENURE
14 yrs

Kim Stevenson

TITLE
Director
COMPENSATION
$205K
AGE
55
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
10. Mar 18 Sell David Aldrich Individual 09. Mar 18 09. Mar 18 -10,000 $113.02 $-1,130,200
23. Feb 18 Sell David Aldrich Individual 20. Feb 18 20. Feb 18 -10,000 $106.00 $-1,060,000
X
Management checks
We assess Skyworks Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Skyworks Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

With 37% Earnings Growth, Did Skyworks Solutions, Inc. (NASDAQ:SWKS) Outperform The Industry?

In this article, I will take a look at Skyworks Solutions, Inc.'s (NASDAQ:SWKS) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … See our latest analysis for Skyworks Solutions? … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of 17%, indicating the rate at which SWKS is growing has accelerated

Simply Wall St -

Can We See Significant Institutional Ownership On The Skyworks Solutions, Inc. (NASDAQ:SWKS) Share Register?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … institutions own shares in the company.

Simply Wall St -

Does Skyworks Solutions, Inc.'s (NASDAQ:SWKS) P/E Ratio Signal A Buying Opportunity?

We'll look at Skyworks Solutions, Inc.'s (NASDAQ:SWKS) P/E ratio and reflect on what it tells us about the company's share price. … Skyworks Solutions has a price to earnings ratio of 14.31, based on the last twelve months. … How Do I Calculate Skyworks Solutions's Price To Earnings Ratio

Simply Wall St -

Skyworks Solutions, Inc. (NASDAQ:SWKS) Is Trading At A 28.08% Discount

I am going to run you through how I calculated the intrinsic value of Skyworks Solutions, Inc. … by taking the expected future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Has Skyworks Solutions, Inc. (NASDAQ:SWKS) Got Enough Cash?

Common characteristics for these big stocks are their strong balance sheet and high market liquidity, which means there's plenty of stocks available to the public for trading. … In times of low liquidity in the market, these firms won’t be left high and dry. … Take the survey and be part of one of the most advanced studies of stock market investors to date?

Simply Wall St -

What Should We Expect From Skyworks Solutions, Inc.'s (NASDAQ:SWKS) Earnings Over The Next Year?

Based on Skyworks Solutions, Inc.'s (NASDAQ:SWKS) earnings update in September 2018,. … analyst consensus outlook appear cautiously optimistic, … with earnings expected to grow by 24% in the upcoming year

Simply Wall St -

How Should Investors React To Skyworks Solutions, Inc.'s (NASDAQ:SWKS) CEO Pay?

First, this article will compare CEO compensation with compensation at other large companies. … How Does Liam Griffin's Compensation Compare With Similar Sized Companies. … is worth US$12b, and total annual CEO compensation is US$8.7m.

Simply Wall St -

Should You Be Holding Skyworks Solutions, Inc. (NASDAQ:SWKS)?

Today I've chosen to put the spotlight on Skyworks Solutions, Inc. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Skyworks Solutions here

Simply Wall St -

Is Skyworks Solutions Inc (NASDAQ:SWKS) Undervalued After Accounting For Its Future Growth?

Skyworks Solutions Inc (NASDAQ:SWKS) is considered a high growth stock. … View our latest analysis for Skyworks Solutions? … Investors in Skyworks Solutions have been patiently waiting for the uptick in earnings.

Simply Wall St -

Should You Be Impressed By Skyworks Solutions Inc's (NASDAQ:SWKS) ROE?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every $1 worth of shareholders' equity, it generated $0.22 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Map
Description

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, antenna tuners, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, 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, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. The company was founded in 1962 and is headquartered in Woburn, Massachusetts.

Details
Name: Skyworks Solutions, Inc.
SWKS
Exchange: NasdaqGS
Founded: 1962
$14,330,744,445
174,064,672
Website: http:// www.skyworksinc.com
Address: Skyworks Solutions, Inc.
20 Sylvan Road,
Woburn,
Massachusetts, 01801,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SWKS Common Stock Nasdaq Global Select US USD 26. Jun 2002
DB AWM Common Stock Deutsche Boerse AG DE EUR 26. Jun 2002
LSE 0L77 Common Stock London Stock Exchange GB USD 26. Jun 2002
WBAG SWKS Common Stock Wiener Boerse AG AT EUR 26. Jun 2002
Number of employees
Current staff
Staff numbers
9,400
Skyworks Solutions employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/21 23:46
End of day share price update: 2019/02/21 00:00
Last estimates confirmation: 2019/02/15
Last earnings filing: 2019/02/06
Last earnings reported: 2018/12/28
Last annual earnings reported: 2018/09/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.