NYSE:MX

Stock Analysis Report

Executive Summary

MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications.

Snowflake

Fundamentals

Mediocre balance sheet with moderate growth potential.

Risks

  • MagnaChip Semiconductor is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has MagnaChip Semiconductor's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

NYSE:MX

2.0%

US Semiconductor

1.2%

US Market


1 Year Return

12.5%

NYSE:MX

10.9%

US Semiconductor

1.7%

US Market

MX outperformed the Semiconductor industry which returned 10.9% over the past year.

MX outperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

MXIndustryMarket
7 Day3.9%2.0%1.2%
30 Day4.8%10.8%4.9%
90 Day8.5%17.2%3.7%
1 Year12.5%12.5%13.0%10.9%3.9%1.7%
3 Year37.8%37.8%83.8%73.0%47.2%37.7%
5 Year-9.0%-9.0%122.5%100.0%60.0%42.4%

Price Volatility Vs. Market

How volatile is MagnaChip Semiconductor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MagnaChip Semiconductor undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

MagnaChip Semiconductor's share price is below the future cash flow value, and at a moderate discount (> 20%).

MagnaChip Semiconductor's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

MagnaChip Semiconductor is loss making, we can't compare its value to the US Semiconductor industry average.

MagnaChip Semiconductor is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for MagnaChip Semiconductor, we can't assess if its growth is good value.


Price Based on Value of Assets

MagnaChip Semiconductor has negative assets, we can't compare the value of its assets to the US Semiconductor industry average.


Next Steps

Future Growth

How is MagnaChip Semiconductor expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

128.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

MagnaChip Semiconductor's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).

MagnaChip Semiconductor's earnings are expected to grow significantly at over 20% yearly.

MagnaChip Semiconductor's revenue growth is positive but not above the United States of America market average.

MagnaChip Semiconductor's earnings growth is expected to exceed the United States of America market average.

MagnaChip Semiconductor's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if MagnaChip Semiconductor will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has MagnaChip Semiconductor performed over the past 5 years?

48.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

MagnaChip Semiconductor does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare MagnaChip Semiconductor's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare MagnaChip Semiconductor's 1-year growth to the US Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if MagnaChip Semiconductor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if MagnaChip Semiconductor has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if MagnaChip Semiconductor improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is MagnaChip Semiconductor's financial position?


Financial Position Analysis

MagnaChip Semiconductor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

MagnaChip Semiconductor's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

MagnaChip Semiconductor has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if MagnaChip Semiconductor's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

MagnaChip Semiconductor has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making MagnaChip Semiconductor has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making MagnaChip Semiconductor has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -20.9% per year.


Next Steps

Dividend

What is MagnaChip Semiconductor's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate MagnaChip Semiconductor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate MagnaChip Semiconductor's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as MagnaChip Semiconductor has not reported any payouts.

Unable to verify if MagnaChip Semiconductor's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as MagnaChip Semiconductor has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of MagnaChip Semiconductor's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of MagnaChip Semiconductor's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

YJ Kim (54yo)

4.3yrs

Tenure

US$2,945,061

Compensation

Mr. Young-Joon Kim, also known as YJ, has been the Chief Executive Officer of MagnaChip Semiconductor Corporation since May 28, 2015 and was its General Manager of Foundry Services Group. He served as an A ...


CEO Compensation Analysis

YJ's remuneration is higher than average for companies of similar size in United States of America.

YJ's compensation has increased whilst company is loss making.


Management Age and Tenure

4.3yrs

Average Tenure

51.5yo

Average Age

The tenure for the MagnaChip Semiconductor management team is about average.


Board Age and Tenure

3.6yrs

Average Tenure

63.5yo

Average Age

The tenure for the MagnaChip Semiconductor board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$204,60010 Jan 19
Brigade Capital Management, LP
EntityCompany
Shares30,000
Max PriceUS$6.82
BuyUS$98,40026 Dec 18
Brigade Capital Management, LP
EntityCompany
Shares16,000
Max PriceUS$6.15
BuyUS$3,606,75018 Dec 18
Brigade Capital Management, LP
EntityCompany
Shares515,000
Max PriceUS$7.07

Ownership Breakdown


Management Team

  • YJ Kim (54yo)

    CEO & Director

    • Tenure: 4.3yrs
    • Compensation: US$2.95m
  • Jonathan Kim (44yo)

    CFO, Chief Accounting Officer & Executive VP

    • Tenure: 4.3yrs
    • Compensation: US$852.43k
  • Theodore Kim (49yo)

    Chief Compliance Officer

    • Tenure: 5.8yrs
    • Compensation: US$997.07k
  • Seung-Hoon Lee

    Senior Vice President of Manufacturing Operations

    • Tenure: 0yrs
  • Woung Lee (56yo)

    Executive VP & GM of Standard Products Group

    • Tenure: 3.8yrs
    • Compensation: US$855.93k
  • Bruce Entin

    Head of Investor Relations

    • Tenure: 0yrs
  • Jk Minh

    Chief of Strategic Planning

    • Tenure: 0.9yrs
  • Chan-Keun Park

    Director of Public Relations

    • Tenure: 0yrs

Board Members

  • Mel Keating (72yo)

    Director

    • Tenure: 3.1yrs
    • Compensation: US$381.50k
  • Camillo Martino (57yo)

    Director

    • Tenure: 3.1yrs
    • Compensation: US$353.25k
  • Ilbok Lee (74yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: US$311.50k
  • Nader Tavakoli (61yo)

    Non-Executive Chairman

    • Tenure: 0.8yrs
    • Compensation: US$342.38k
  • Gary Tanner (66yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: US$427.74k
  • YJ Kim (54yo)

    CEO & Director

    • Tenure: 4.3yrs
    • Compensation: US$2.95m

Company Information

MagnaChip Semiconductor Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MagnaChip Semiconductor Corporation
  • Ticker: MX
  • Exchange: NYSE
  • Founded:
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$384.596m
  • Shares outstanding: 34.37m
  • Website: https://www.magnachip.com

Number of Employees


Location

  • MagnaChip Semiconductor Corporation
  • 1, Allee Scheffer
  • Luxembourg City
  • 2520
  • Luxembourg

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MXNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 2011
SMGDB (Deutsche Boerse AG)YesCommon StockDEEURMar 2011

Biography

MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consum ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 00:10
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.