MX Stock Overview
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications.
Magnachip Semiconductor Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$13.99|
|52 Week High||US$24.29|
|52 Week Low||US$13.58|
|1 Month Change||-29.38%|
|3 Month Change||-15.98%|
|1 Year Change||-41.22%|
|3 Year Change||37.02%|
|5 Year Change||41.31%|
|Change since IPO||-0.14%|
Recent News & Updates
Magnachip: Rumors Of Letter Of Intent Near $25
The Korean press is circulating rumors of a letter of intent being submitted for Magnachip. The article mentions two letters of intent (by different parties), with a third party still in the process. The rumored price is ~$25 per share, which seems fair but is not necessarily the ceiling.
|MX||US Semiconductor||US Market|
Return vs Industry: MX underperformed the US Semiconductor industry which returned -24.2% over the past year.
Return vs Market: MX underperformed the US Market which returned -21.2% over the past year.
|MX Average Weekly Movement||8.9%|
|Semiconductor Industry Average Movement||8.7%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.3%|
Stable Share Price: MX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MX's weekly volatility (9%) has been stable over the past year.
About the Company
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs.
Magnachip Semiconductor Fundamentals Summary
|MX fundamental statistics|
Is MX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MX income statement (TTM)|
|Cost of Revenue||US$297.15m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.64|
|Net Profit Margin||16.19%|
How did MX perform over the long term?See historical performance and comparison
Is MX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MX?
Other financial metrics that can be useful for relative valuation.
|What is MX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MX's PE Ratio compare to its peers?
|MX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SGH SMART Global Holdings
AOSL Alpha and Omega Semiconductor
MX Magnachip Semiconductor
Price-To-Earnings vs Peers: MX is good value based on its Price-To-Earnings Ratio (8.5x) compared to the peer average (89x).
Price to Earnings Ratio vs Industry
How does MX's PE Ratio compare vs other companies in the US Semiconductor Industry?
Price-To-Earnings vs Industry: MX is good value based on its Price-To-Earnings Ratio (8.5x) compared to the US Semiconductor industry average (16.7x)
Price to Earnings Ratio vs Fair Ratio
What is MX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.5x|
|Fair PE Ratio||10.1x|
Price-To-Earnings vs Fair Ratio: MX is good value based on its Price-To-Earnings Ratio (8.5x) compared to the estimated Fair Price-To-Earnings Ratio (10.1x).
Share Price vs Fair Value
What is the Fair Price of MX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MX ($13.99) is trading below our estimate of fair value ($67.88)
Significantly Below Fair Value: MX is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: MX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is Magnachip Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
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: MX's earnings are forecast to decline over the next 3 years (-8.9% per year).
Earnings vs Market: MX's earnings are forecast to decline over the next 3 years (-8.9% per year).
High Growth Earnings: MX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MX's revenue (18.4% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: MX's revenue (18.4% 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 MX's Return on Equity is forecast to be high in 3 years time
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How has Magnachip Semiconductor performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MX has a large one-off gain of $43.9M impacting its March 31 2022 financial results.
Growing Profit Margin: MX's current net profit margins (16.2%) are higher than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: MX's earnings have grown significantly by 24.3% per year over the past 5 years.
Accelerating Growth: MX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MX had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Semiconductor industry average (70.4%).
Return on Equity
High ROE: MX's Return on Equity (16%) is considered low.
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How is Magnachip Semiconductor's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MX's short term assets ($421.6M) exceed its short term liabilities ($84.4M).
Long Term Liabilities: MX's short term assets ($421.6M) exceed its long term liabilities ($42.3M).
Debt to Equity History and Analysis
Debt Level: MX is debt free.
Reducing Debt: MX currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: MX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MX has no debt, therefore coverage of interest payments is not a concern.
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What is Magnachip Semiconductor current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MX has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
YJ Kim (57 yo)
Mr. Young-Joon Kim, also known as YJ, has been the Chief Executive Officer of MagnaChip Semiconductor Corporation since May 28, 2015 and was its General Manager of Foundry Services Group. He served as an A...
CEO Compensation Analysis
Compensation vs Market: YJ's total compensation ($USD5.57M) is above average for companies of similar size in the US market ($USD4.04M).
Compensation vs Earnings: YJ's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: MX's management team is considered experienced (3 years average tenure).
Experienced Board: MX's board of directors are considered experienced (6.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Magnachip Semiconductor Corporation's employee growth, exchange listings and data sources
- Name: Magnachip Semiconductor Corporation
- Ticker: MX
- Exchange: NYSE
- Founded: 2004
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: US$628.072m
- Shares outstanding: 44.89m
- Website: https://www.magnachip.com
Number of Employees
- Magnachip Semiconductor Corporation
- 1, AllEe Scheffer
- Luxembourg City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/03 00:00|
|End of Day Share Price||2022/07/01 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.