Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, Asia, and Europe. More Details
No risks detected for TSEM from our risk checks.
Flawless balance sheet and undervalued.
Share Price & News
How has Tower Semiconductor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TSEM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TSEM's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TSEM underperformed the US Semiconductor industry which returned 55.5% over the past year.
Return vs Market: TSEM underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tower Semiconductor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid You Miss Tower Semiconductor's (NASDAQ:TSEM) Impressive 102% Share Price Gain?
3 weeks ago | Simply Wall StIs Tower Semiconductor Ltd. (NASDAQ:TSEM) Potentially Undervalued?
1 month ago | Simply Wall StTower Semiconductor (NASDAQ:TSEM) Could Easily Take On More Debt
Is Tower Semiconductor 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: TSEM ($27.85) is trading below our estimate of fair value ($46.59)
Significantly Below Fair Value: TSEM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TSEM is good value based on its PE Ratio (32x) compared to the US Semiconductor industry average (34.6x).
PE vs Market: TSEM is poor value based on its PE Ratio (32x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: TSEM is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: TSEM is good value based on its PB Ratio (2x) compared to the US Semiconductor industry average (4.7x).
How is Tower Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TSEM's forecast earnings growth (32.1% per year) is above the savings rate (2%).
Earnings vs Market: TSEM's earnings (32.1% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TSEM's revenue (7.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: TSEM's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TSEM's Return on Equity is forecast to be high in 3 years time
How has Tower Semiconductor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TSEM has high quality earnings.
Growing Profit Margin: TSEM's current net profit margins (7.1%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: TSEM's earnings have declined by 16.1% per year over the past 5 years.
Accelerating Growth: TSEM's earnings growth over the past year (15.8%) exceeds its 5-year average (-16.1% per year).
Earnings vs Industry: TSEM earnings growth over the past year (15.8%) underperformed the Semiconductor industry 55.6%.
Return on Equity
High ROE: TSEM's Return on Equity (6.6%) is considered low.
How is Tower Semiconductor's financial position?
Financial Position Analysis
Short Term Liabilities: TSEM's short term assets ($1.1B) exceed its short term liabilities ($273.6M).
Long Term Liabilities: TSEM's short term assets ($1.1B) exceed its long term liabilities ($326.1M).
Debt to Equity History and Analysis
Debt Level: TSEM's debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: TSEM's debt to equity ratio has reduced from 61.4% to 11.1% over the past 5 years.
Debt Coverage: TSEM's debt is well covered by operating cash flow (179.9%).
Interest Coverage: TSEM's interest payments on its debt are well covered by EBIT (15.2x coverage).
What is Tower Semiconductor current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TSEM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TSEM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TSEM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TSEM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TSEM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Russell C. Ellwanger (66 yo)
Mr. Russell C. Ellwanger has been the Chief Executive Officer of Tower Semiconductor Ltd., since May 1, 2005. Mr. Ellwanger has been the Chief Executive Officer at Tower US Holdings Inc. since May 2002. He...
Experienced Management: TSEM's management team is seasoned and experienced (9 years average tenure).
Experienced Board: TSEM's board of directors are considered experienced (8.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tower Semiconductor Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Tower Semiconductor Ltd.
- Ticker: TSEM
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$3.007b
- Shares outstanding: 107.96m
- Website: https://towersemi.com
- Tower Semiconductor Ltd.
- Ramat Gavriel Industrial Park
- 20 Shaul Amor Avenue
- Migdal Haemek
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, Asia, and Europe. It provides vario...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 22:35|
|End of Day Share Price||2021/07/30 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.