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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.
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% |
Below are the data sources, inputs and calculation used to determine the intrinsic value for Skyworks Solutions.
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.
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.
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 |
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 |
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 |
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 .
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.
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 >
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 .
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 >
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 |
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 >
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.
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 |
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 |
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.
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.
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 |
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.
How has Skyworks Solutions performed over the past 5 years?
All data from Skyworks Solutions Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
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.
How is Skyworks Solutions's financial health and their level of debt?
All data from Skyworks Solutions Company Filings, last reported 1 month ago.
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 |
What is Skyworks Solutions's current dividend yield, its reliability and sustainability?
Purchase Skyworks Solutions on or before the 'Buy Limit' to receive their next dividend payment.
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.
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 |
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 >
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.
Average tenure and age of the Skyworks Solutions management team in years:
Average tenure and age of the Skyworks Solutions board of directors in years:
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 - – Full articleGenerally 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 - – Full articleWe'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 - – Full articleI 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 - – Full articleCommon 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 - – Full articleBased 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 - – Full articleFirst, 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 - – Full articleToday 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 - – Full articleSkyworks 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 - – Full articleWith 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 - – Full article
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.
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 |
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 |
Semiconductors | |
Semiconductors |
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.