DQ Stock Overview
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China.
Daqo New Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$46.45|
|52 Week High||US$90.48|
|52 Week Low||US$32.20|
|1 Month Change||12.52%|
|3 Month Change||22.14%|
|1 Year Change||-36.01%|
|3 Year Change||535.26%|
|5 Year Change||939.15%|
|Change since IPO||353.17%|
Recent News & Updates
|DQ||US Semiconductor||US Market|
Return vs Industry: DQ underperformed the US Semiconductor industry which returned -1.9% over the past year.
Return vs Market: DQ underperformed the US Market which returned -12.9% over the past year.
|DQ Average Weekly Movement||13.6%|
|Semiconductor Industry Average Movement||8.6%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: DQ is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: DQ's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009.
Daqo New Energy Fundamentals Summary
|DQ fundamental statistics|
Is DQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DQ income statement (TTM)|
|Cost of Revenue||US$911.20m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||16.13|
|Net Profit Margin||44.45%|
How did DQ perform over the long term?See historical performance and comparison
Is Daqo New Energy undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DQ ($46.45) is trading below our estimate of fair value ($58.91)
Significantly Below Fair Value: DQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DQ is good value based on its PE Ratio (2.9x) compared to the US Semiconductor industry average (19.8x).
PE vs Market: DQ is good value based on its PE Ratio (2.9x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: DQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DQ is good value based on its PB Ratio (1.3x) compared to the US Semiconductor industry average (3.5x).
How is Daqo New Energy forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DQ's earnings are forecast to decline over the next 3 years (-36.5% per year).
Earnings vs Market: DQ's earnings are forecast to decline over the next 3 years (-36.5% per year).
High Growth Earnings: DQ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DQ's revenue is expected to decline over the next 3 years (-7.6% per year).
High Growth Revenue: DQ's revenue is forecast to decline over the next 3 years (-7.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DQ's Return on Equity is forecast to be low in 3 years time (11.5%).
How has Daqo New Energy performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DQ has a high level of non-cash earnings.
Growing Profit Margin: DQ's current net profit margins (44.5%) are higher than last year (23.5%).
Past Earnings Growth Analysis
Earnings Trend: DQ's earnings have grown significantly by 65.1% per year over the past 5 years.
Accelerating Growth: DQ's earnings growth over the past year (570.4%) exceeds its 5-year average (65.1% per year).
Earnings vs Industry: DQ earnings growth over the past year (570.4%) exceeded the Semiconductor industry 70.4%.
Return on Equity
High ROE: DQ's Return on Equity (43.3%) is considered outstanding.
How is Daqo New Energy's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DQ's short term assets ($2.8B) exceed its short term liabilities ($924.1M).
Long Term Liabilities: DQ's short term assets ($2.8B) exceed its long term liabilities ($148.7M).
Debt to Equity History and Analysis
Debt Level: DQ is debt free.
Reducing Debt: DQ has no debt compared to 5 years ago when its debt to equity ratio was 79.1%.
Debt Coverage: DQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DQ has no debt, therefore coverage of interest payments is not a concern.
What is Daqo New Energy current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DQ'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 DQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DQ's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as DQ has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Longgen Zhang (56 yo)
Mr. Longgen Zhang has been chief executive officer and executive board member at Daqo New Energy Corp., since January 16, 2018. He has served as an Independent Non Executive Director at Qingci Games Inc. s...
Experienced Board: DQ's board of directors are seasoned and experienced ( 11.1 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.
Daqo New Energy Corp.'s employee growth, exchange listings and data sources
- Name: Daqo New Energy Corp.
- Ticker: DQ
- Exchange: NYSE
- Founded: 2006
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: US$3.461b
- Shares outstanding: 74.51m
- Website: https://www.dqsolar.com
Number of Employees
- Daqo New Energy Corp.
- Huadu Mansion
- Unit 29
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/23 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.