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. More Details
Good value with adequate balance sheet.
Share Price & News
How has MagnaChip Semiconductor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MX's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MX underperformed the US Semiconductor industry which returned 46.2% over the past year.
Return vs Market: MX underperformed the US Market which returned 19.1% over the past year.
Long-Term 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
3 months ago | Simply Wall StIs MagnaChip Semiconductor (NYSE:MX) A Risky Investment?
4 months ago | Simply Wall StShould MagnaChip Semiconductor (NYSE:MX) Be Disappointed With Their 23% Profit?
5 months ago | Simply Wall StMagnaChip Semiconductor Corporation (NYSE:MX) Insiders Increased Their Holdings
Is MagnaChip 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: MX ($13.83) is trading below our estimate of fair value ($20.07)
Significantly Below Fair Value: MX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MX is poor value based on its PE Ratio (41.6x) compared to the US Semiconductor industry average (36.1x).
PE vs Market: MX is poor value based on its PE Ratio (41.6x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: MX is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: MX is good value based on its PB Ratio (1.8x) compared to the US Semiconductor industry average (3.4x).
How is MagnaChip Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MX's forecast earnings growth (152% per year) is above the savings rate (2.2%).
Earnings vs Market: MX's earnings (152% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MX's revenue is expected to decline over the next 3 years (-14% per year).
High Growth Revenue: MX's revenue is forecast to decline over the next 3 years (-14% 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
How has MagnaChip Semiconductor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MX has high quality earnings.
Growing Profit Margin: MX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MX has become profitable over the past 5 years, growing earnings by 29.4% per year.
Accelerating Growth: MX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (22.8%).
Return on Equity
High ROE: MX's Return on Equity (4.2%) is considered low.
How is MagnaChip Semiconductor's financial position?
Financial Position Analysis
Short Term Liabilities: MX's short term assets ($664.3M) exceed its short term liabilities ($419.4M).
Long Term Liabilities: MX's short term assets ($664.3M) exceed its long term liabilities ($59.7M).
Debt to Equity History and Analysis
Debt Level: MX's debt to equity ratio (110.2%) is considered high.
Reducing Debt: MX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MX's debt is well covered by operating cash flow (23.5%).
Interest Coverage: MX's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is MagnaChip Semiconductor current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
YJ Kim (55 yo)
Mr. Young-Joon Kim, also known as YJ, has been the Chief Executive Officer of MagnaChip Semiconductor Corporation since May 28, 2015 and was its General Manager of Foundry Services Group. He served as an A...
CEO Compensation Analysis
Compensation vs Market: YJ's total compensation ($USD2.16M) is about average for companies of similar size in the US market ($USD1.82M).
Compensation vs Earnings: YJ's compensation has been consistent with company performance over the past year.
|CEO & Director||5.5yrs||US$2.16m||0.67% |
|Chief Compliance Officer||5.5yrs||US$1.19m||0.35% |
|Executive VP & GM of Standard Products Group||5yrs||US$934.03k||0.31% |
|Chief Financial Officer||0.50yr||no data||0.051% |
|Chief Accounting Officer||0.67yr||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Director of Public Relations||no data||no data||no data|
|Senior Vice President of Manufacturing Operations||no data||no data||no data|
|Chief of Strategic Planning||2.08yrs||no data||no data|
Experienced Management: MX's management team is considered experienced (3.5 years average tenure).
|CEO & Director||5.5yrs||US$2.16m||0.67% |
|Independent Director||4.25yrs||US$305.00k||0.028% |
|Independent Non Executive Chairman of the Board||0.42yr||US$320.00k||0.079% |
|Independent Director||9.25yrs||US$285.00k||0.058% |
|Independent Non-Executive Director||11yrs||US$375.00k||0.27% |
|Independent Director||5.25yrs||US$335.00k||0.015% |
|Director||0.33yr||no data||0.040% |
Experienced Board: MX's board of directors are considered experienced (5.3 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 been diluted in the past year, with total shares outstanding growing by 3.2%.
MagnaChip Semiconductor Corporation's company bio, employee growth, exchange listings and data sources
- Name: MagnaChip Semiconductor Corporation
- Ticker: MX
- Exchange: NYSE
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$491.497m
- Shares outstanding: 35.54m
- Website: https://www.magnachip.com
Number of Employees
- MagnaChip Semiconductor Corporation
- 1, Allee Scheffer
- Luxembourg City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Mar 2011|
|SMG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2011|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/22 23:51|
|End of Day Share Price||2020/11/20 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.