MaxLinear, Inc. provides radio-frequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide.
Mediocre balance sheet with moderate growth potential.
Share Price & News
How has MaxLinear's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MXL's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MXL underperformed the US Semiconductor industry which returned 3.6% over the past year.
Return vs Market: MXL underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is MaxLinear's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Now An Opportune Moment To Examine MaxLinear, Inc. (NYSE:MXL)?
3 weeks ago | Simply Wall StHere's Why MaxLinear (NYSE:MXL) Can Afford Some Debt
1 month ago | Simply Wall StDid MaxLinear, Inc. (NYSE:MXL) Insiders Sell Shares?
Is MaxLinear undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MXL ($11.66) is trading above our estimate of fair value ($6.75)
Significantly Below Fair Value: MXL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MXL is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: MXL 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 MXL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MXL is good value based on its PB Ratio (2x) compared to the US Semiconductor industry average (2.3x).
How is MaxLinear forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MXL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: MXL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MXL's is expected to become profitable in the next 3 years.
Revenue vs Market: MXL's revenue (4.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: MXL's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MXL's Return on Equity is forecast to be low in 3 years time (0.9%).
How has MaxLinear performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MXL is currently unprofitable.
Growing Profit Margin: MXL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MXL is unprofitable, and losses have increased over the past 5 years at a rate of -11.5% per year.
Accelerating Growth: Unable to compare MXL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MXL is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-30.5%).
Return on Equity
High ROE: MXL has a negative Return on Equity (-4.8%), as it is currently unprofitable.
How is MaxLinear's financial position?
Financial Position Analysis
Short Term Liabilities: MXL's short term assets ($181.8M) exceed its short term liabilities ($66.6M).
Long Term Liabilities: MXL's short term assets ($181.8M) do not cover its long term liabilities ($224.3M).
Debt to Equity History and Analysis
Debt Level: MXL's debt to equity ratio (49.9%) is considered high.
Reducing Debt: Insufficient data to determine if MXL's debt to equity ratio has reduced over the past 5 years.
Inventory Level: MXL has a low level of unsold assets or inventory.
Debt Coverage by Assets: MXL's debt is not covered by short term assets (assets are 0.9x debt).
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 MXL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MXL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.9% per year.
What is MaxLinear's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MXL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MXL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MXL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MXL'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 MXL'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
Kishore Seendripu (50yo)
Dr. Kishore Seendripu is a co-founder and has served as Chairman, President, and Chief Executive Officer of MaxLinear, Inc. since inception in September 2003 and also serves as a director. From July 1998 ...
CEO Compensation Analysis
Compensation vs Market: Kishore's total compensation ($USD4.10M) is about average for companies of similar size in the US market ($USD3.17M).
Compensation vs Earnings: Kishore's compensation has increased whilst the company is unprofitable.
|CFO & Chief Corporate Strategy Officer||1.75yrs||US$3.76m||0.084% $709.0k|
|Vice President of Sales||1.75yrs||US$1.61m||0.025% $206.5k|
|Vice President Of IC & RF Systems Engineering||13.42yrs||US$1.37m||0.57% $4.7m|
|Co-Founder & Chief Technical Officer||no data||US$961.56k||1.35% $11.3m|
|Vice President of Operations||8.42yrs||US$1.94m||0.035% $290.5k|
|Corporate Controller & Principal Accounting Officer||4.17yrs||no data||0.021% $179.5k|
|Head-Investor Relations||no data||no data||no data|
|Vice President of Human Resources||8.42yrs||no data||no data|
|Vice President of Marketing Infrastructure||5.58yrs||US$422.63k||0.24% $2.0m|
Experienced Management: MXL's management team is seasoned and experienced (7 years average tenure).
|Independent Director||10.5yrs||US$237.50k||0.073% $613.3k|
|Director||0.083yr||no data||no data|
|Independent Director||10.5yrs||US$250.00k||0.076% $638.4k|
|Lead Director||10.42yrs||US$272.50k||0.092% $773.1k|
|Independent Director||1.42yrs||US$240.53k||0.0090% $75.4k|
|Independent Director||1.33yrs||US$238.25k||0.0084% $70.5k|
|Independent Director||4.92yrs||US$239.58k||0.057% $476.2k|
Experienced Board: MXL's board of directors are considered experienced (7.7 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 3.7%.
MaxLinear, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MaxLinear, Inc.
- Ticker: MXL
- Exchange: NYSE
- Founded: 2003
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$839.622m
- Shares outstanding: 71.95m
- Website: https://www.maxlinear.com
Number of Employees
- MaxLinear, Inc.
- 5966 La Place Court
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MXL||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Mar 2010|
|JMX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2010|
MaxLinear, Inc. provides radio-frequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide. The company offers various semiconductor products, such as RF receivers and RF receiver SoCs, wireless infrastructure backhaul RF receivers and modem SoCs, laser modulator drivers, transimpedance amplifiers, clock and data recovery circuits, interface solutions, power management products, and data encryption and compression products. Its products are used in a range of electronic devices, including cable DOCSIS broadband modems and gateways, wireline connectivity devices for in-home networking applications, RF transceivers and modems, fiber-optic modules, video set-top boxes and gateways, hybrid analog and digital televisions, direct broadcast satellite outdoor and indoor units, and power management and interface products. The company sells its products to electronics distributors, module makers, original equipment manufacturers, and original design manufacturers through direct sales force, third party sales representatives, and a network of distributors. MaxLinear, Inc. was founded in 2003 and is headquartered in Carlsbad, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 01:54|
|End of Day Share Price||2020/03/31 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.