Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide.
Flawless balance sheet and fair value.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SWKS exceeded the US Semiconductor industry which returned 39.2% over the past year.
Return vs Market: SWKS exceeded the US Market which returned 6.1% over the past year.
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
4 months ago | Simply Wall StIs Now An Opportune Moment To Examine Skyworks Solutions, Inc. (NASDAQ:SWKS)?
4 months ago | Simply Wall StIs Skyworks Solutions, Inc.'s (NASDAQ:SWKS) CEO Being Overpaid?
5 months ago | Simply Wall StCan We See Significant Institutional Ownership On The Skyworks Solutions, Inc. (NASDAQ:SWKS) Share Register?
Is Skyworks Solutions undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SWKS ($131.22) is trading below our estimate of fair value ($174.11)
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 (28.3x) compared to the US Semiconductor industry average (37.4x).
PE vs Market: SWKS is poor value based on its PE Ratio (28.3x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: SWKS is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: SWKS is overvalued based on its PB Ratio (5.3x) compared to the US Semiconductor industry average (3.2x).
How is Skyworks Solutions forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SWKS's forecast earnings growth (19.5% per year) is above the savings rate (2.2%).
Earnings vs Market: SWKS's earnings (19.5% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: SWKS's earnings are forecast to grow, but not significantly.
Revenue vs Market: SWKS's revenue (11.1% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: SWKS's revenue (11.1% 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 (29.7%)
How has Skyworks Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SWKS has high quality earnings.
Growing Profit Margin: SWKS's current net profit margins (24.3%) are lower than last year (29.1%).
Past Earnings Growth Analysis
Earnings Trend: SWKS's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: SWKS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SWKS had negative earnings growth (-26%) over the past year, making it difficult to compare to the Semiconductor industry average (-10.8%).
Return on Equity
High ROE: SWKS's Return on Equity (19.1%) is considered low.
How is Skyworks Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: SWKS's short term assets ($2.2B) exceed its short term liabilities ($362.2M).
Long Term Liabilities: SWKS's short term assets ($2.2B) exceed its long term liabilities ($476.9M).
Debt to Equity History and Analysis
Debt Level: SWKS is debt free.
Reducing Debt: SWKS has not had any debt for past 5 years.
Debt Coverage: SWKS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SWKS has no debt, therefore coverage of interest payments is not a concern.
What is Skyworks Solutions's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SWKS's dividend (1.34%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.7%).
High Dividend: SWKS's dividend (1.34%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SWKS has been paying a dividend for less than 10 years.
Growing Dividend: SWKS's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.7%), SWKS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SWKS's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Liam Griffin (53yo)
Mr. Liam K. Griffin has been the President of Skyworks Solutions, Inc. since May 8, 2014 and its Chief Executive Officer since May 11, 2016. Mr. Griffin has been an Independent Director at National Instrum ...
CEO Compensation Analysis
Compensation vs Market: Liam's total compensation ($USD13.66M) is about average for companies of similar size in the US market ($USD11.51M).
Compensation vs Earnings: Liam's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO, President & Director||4.17yrs||US$13.66m||0.041% $8.9m|
|Senior VP & CFO||3.92yrs||US$4.10m||0.020% $4.3m|
|Senior VP||3.67yrs||US$2.67m||0.0083% $1.8m|
|Senior Vice President of Sales & Marketing||4.08yrs||US$3.81m||0.015% $3.2m|
|Senior Vice President of Technology & Manufacturing||0.67yr||no data||no data|
|Vice President of Investor Relations||4yrs||no data||no data|
|Senior Vice President of Human Resources||2.25yrs||no data||0.0052% $1.1m|
|Head of Media Relations||no data||no data||no data|
|Senior VP & GM of Mobile Solutions Business||2.5yrs||no data||no data|
Experienced Management: SWKS's management team is considered experienced (3.7 years average tenure).
|CEO, President & Director||4.17yrs||US$13.66m||0.041% $8.9m|
|Independent Non-Employee Director||14.17yrs||US$282.83k||0.046% $10.0m|
|Independent Non-Employee Director||16.5yrs||US$283.62k||0.036% $7.8m|
|Chairman of the Board||6.17yrs||US$392.83k||0.10% $22.4m|
|Independent Non-Employee Director||22.5yrs||US$279.17k||0.013% $2.8m|
|Independent Non-Employee Director||15.42yrs||US$282.50k||0.030% $6.6m|
|Lead Independent Director||1.17yrs||US$310.61k||0.012% $2.5m|
|Independent Director||0.92yr||US$196.56k||no data|
|Independent Director||2yrs||US$267.32k||0.0018% $389.7k|
Experienced Board: SWKS's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SWKS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Skyworks Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Skyworks Solutions, Inc.
- Ticker: SWKS
- Exchange: NasdaqGS
- Founded: 1962
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$21.892b
- Shares outstanding: 166.84m
- Website: https://www.skyworksinc.com
Number of Employees
- Skyworks Solutions, Inc.
- 5221 California Avenue
- United States
|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|
|AWM||XTRA (XETRA Trading Platform)||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|
|AWM||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jun 2002|
|SWKS *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jun 2002|
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, as well as wireless radio integrated circuits. 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 Irvine, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 23:54|
|End of Day Share Price||2020/07/10 00:00|
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.