NYSE:MX

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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. More Details


Snowflake Analysis

Excellent balance sheet with moderate growth potential.


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

Stable Share Price: MX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.6%

MX

-2.1%

US Semiconductor

-0.8%

US Market


1 Year Return

11.0%

MX

43.0%

US Semiconductor

18.0%

US Market

Return vs Industry: MX underperformed the US Semiconductor industry which returned 46.7% over the past year.

Return vs Market: MX underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

MXIndustryMarket
7 Day-0.6%-2.1%-0.8%
30 Day3.8%10.5%6.8%
90 Day33.3%17.8%8.9%
1 Year11.0%11.0%45.7%43.0%20.7%18.0%
3 Year32.3%32.3%80.4%70.9%41.5%32.1%
5 Year121.5%121.5%238.2%204.5%84.6%63.8%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MX ($13.89) is trading below our estimate of fair value ($113.94)

Significantly Below Fair Value: MX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MX is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.

PE vs Market: MX is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MX is overvalued based on its PB Ratio (79.1x) compared to the US Semiconductor industry average (3.3x).


Next Steps

Future Growth

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

161.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: MX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MX's is expected to become profitable in the next 3 years.

Revenue vs Market: MX's revenue is expected to decline over the next 3 years (-20% per year).

High Growth Revenue: MX's revenue is forecast to decline over the next 3 years (-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


Next Steps

Past Performance

How has MagnaChip Semiconductor performed over the past 5 years?

39.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MX is currently unprofitable.

Growing Profit Margin: MX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MX is unprofitable, but has reduced losses over the past 5 years at a rate of 39.9% per year.

Accelerating Growth: Unable to compare MX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MX is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (7.5%).


Return on Equity

High ROE: MX has a negative Return on Equity (-179.51%), as it is currently unprofitable.


Next Steps

Financial Health

How is MagnaChip Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: MX's short term assets ($530.1M) exceed its short term liabilities ($328.0M).

Long Term Liabilities: MX's short term assets ($530.1M) exceed its long term liabilities ($281.0M).


Debt to Equity History and Analysis

Debt Level: MX's debt to equity ratio (4954.6%) is considered high.

Reducing Debt: MX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable MX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.4% per year.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

YJ Kim (55 yo)

5.42yrs

Tenure

US$2,162,886

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

Compensation vs Market: YJ's total compensation ($USD2.16M) is about average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: YJ's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Young-Joon Kim
CEO & Director5.42yrsUS$2.16m0.68%
$ 3.3m
Theodore S. Kim
Chief Compliance Officer5.42yrsUS$1.19m0.35%
$ 1.7m
Woung Moo Lee
Executive VP & GM of Standard Products Group4.92yrsUS$934.03k0.31%
$ 1.5m
Young-Soo Woo
Chief Financial Officer0.42yrno data0.051%
$ 250.0k
Shin Young Park
Chief Accounting Officer0.58yrno datano data
So-Yeon Jeong
Head of Investor Relationsno datano datano data
Chan-Keun Park
Director of Public Relationsno datano datano data
Seung-Hoon Lee
Senior Vice President of Manufacturing Operationsno datano datano data
Jk Minh
Chief of Strategic Planning2yrsno datano data

3.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: MX's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Young-Joon Kim
CEO & Director5.42yrsUS$2.16m0.68%
$ 3.3m
Melvin Keating
Independent Director4.17yrsUS$305.00k0.029%
$ 140.3k
Camillo Martino
Independent Non Executive Chairman of the Board0.33yrUS$320.00k0.080%
$ 388.9k
Ilbok Lee
Independent Director9.17yrsUS$285.00k0.059%
$ 287.6k
Nader Tavakoli
Independent Non-Executive Director10.92yrsUS$375.00k0.27%
$ 1.3m
Gary Tanner
Independent Director5.17yrsUS$335.00k0.015%
$ 75.1k
Kyo-Hwa Chung
Director0.25yrno data0.040%
$ 196.6k

5.2yrs

Average Tenure

64.5yo

Average Age

Experienced Board: MX's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

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$488.375m
  • Shares outstanding: 35.16m
  • 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 Analysis2020/10/22 23:50
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.