Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China. More Details
Undervalued with high growth potential.
Share Price & News
How has Daqo New Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DQ's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DQ exceeded the US Semiconductor industry which returned 34.3% over the past year.
Return vs Market: DQ exceeded the US Market which returned 10.9% over the past year.
Price Volatility Vs. Market
How volatile is Daqo New Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StImagine Holding Daqo New Energy (NYSE:DQ) Shares While The Price Zoomed 642% Higher
3 weeks ago | Simply Wall StIs There More To The Story Than Daqo New Energy's (NYSE:DQ) Earnings Growth?
1 month ago | Simply Wall StAt US$122, Is Daqo New Energy Corp. (NYSE:DQ) Worth Looking At Closely?
Is Daqo New Energy 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: DQ ($121.39) is trading below our estimate of fair value ($273.53)
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 (27.7x) compared to the US Semiconductor industry average (33.4x).
PE vs Market: DQ is poor value based on its PE Ratio (27.7x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: DQ is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: DQ is good value based on its PB Ratio (2.8x) compared to the US Semiconductor industry average (3.1x).
How is Daqo New Energy forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DQ's forecast earnings growth (30.3% per year) is above the savings rate (2.2%).
Earnings vs Market: DQ's earnings (30.3% per year) are forecast to grow faster than the US market (23% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DQ's revenue (12.6% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: DQ's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DQ's Return on Equity is forecast to be high in 3 years time (24.1%)
How has Daqo New Energy performed over the past 5 years?
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 (12%) are higher than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: DQ's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: DQ's earnings growth over the past year (149.7%) exceeds its 5-year average (14.1% per year).
Earnings vs Industry: DQ earnings growth over the past year (149.7%) exceeded the Semiconductor industry 7.5%.
Return on Equity
High ROE: DQ's Return on Equity (9.6%) is considered low.
How is Daqo New Energy's financial position?
Financial Position Analysis
Short Term Liabilities: DQ's short term assets ($171.7M) do not cover its short term liabilities ($368.4M).
Long Term Liabilities: DQ's short term assets ($171.7M) exceed its long term liabilities ($159.8M).
Debt to Equity History and Analysis
Debt Level: DQ's debt to equity ratio (41.9%) is considered high.
Reducing Debt: DQ's debt to equity ratio has reduced from 111.9% to 41.9% over the past 5 years.
Debt Coverage: DQ's debt is well covered by operating cash flow (60.5%).
Interest Coverage: DQ's interest payments on its debt are well covered by EBIT (5.1x coverage).
What is Daqo New Energy current dividend yield, its reliability and sustainability?
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.
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 DQ'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 board tenure
Longgen Zhang (55 yo)
Mr. Longgen Zhang has been chief executive officer and executive board member at Daqo New Energy Corp., since January 16, 2018. Mr. Zhang served as Financial Advisor of JinkoSolar Holding Co., Ltd since Se ...
|Founder & Chairman||12.83yrs||no data||11.34% |
|CEO & Director||2.67yrs||no data||2.71% |
|Independent Director||8.92yrs||no data||no data|
|Independent Director||10.83yrs||no data||no data|
|Independent Director||9.92yrs||no data||no data|
|Director||12.83yrs||no data||11.65% |
|Director||7.58yrs||no data||1.74% |
|Independent Director||7.75yrs||no data||no data|
|Independent Director||8.92yrs||no data||no data|
Experienced Board: DQ's board of directors are considered experienced (9.4 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 been diluted in the past year, with total shares outstanding growing by 4.6%.
Daqo New Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Daqo New Energy Corp.
- Ticker: DQ
- Exchange: NYSE
- Founded: 2006
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$1.687b
- Shares outstanding: 13.90m
- Website: https://www.dqsolar.com
Number of Employees
- Daqo New Energy Corp.
- 666 Longdu Avenue
- Chongqing Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DQ||NYSE (New York Stock Exchange)||Yes||ADR EACH REPR 25 ORD SHS (POST R/S)||US||USD||Oct 2010|
|5DQ2||MUN (Boerse Muenchen)||Yes||ADR EACH REPR 25 ORD SHS (POST R/S)||DE||EUR||Oct 2010|
|0I74||LSE (London Stock Exchange)||Yes||ADR EACH REPR 25 ORD SHS (POST R/S)||GB||USD||Oct 2010|
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China. It offers ready-to-use polysilicon, and pac ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/25 05:56|
|End of Day Share Price||2020/09/24 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.