Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, and sells integrated circuits and related solutions for short and long range wireless communication in Europe, the Americas, and the Asia/Pacific. More Details
Flawless balance sheet with high growth potential.
Share Price & News
How has Nordic Semiconductor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NDCV.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NDCV.F exceeded the US Semiconductor industry which returned 37.7% over the past year.
Return vs Market: NDCV.F exceeded the US Market which returned 15.6% over the past year.
Price Volatility Vs. Market
How volatile is Nordic Semiconductor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nordic 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: NDCV.F ($10.8) is trading below our estimate of fair value ($11.41)
Significantly Below Fair Value: NDCV.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NDCV.F is poor value based on its PE Ratio (79x) compared to the US Semiconductor industry average (39.2x).
PE vs Market: NDCV.F is poor value based on its PE Ratio (79x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: NDCV.F is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: NDCV.F is overvalued based on its PB Ratio (5.1x) compared to the US Semiconductor industry average (3.3x).
How is Nordic Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NDCV.F's forecast earnings growth (36.6% per year) is above the savings rate (2.2%).
Earnings vs Market: NDCV.F's earnings (36.6% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NDCV.F's revenue (22.8% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: NDCV.F's revenue (22.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NDCV.F's Return on Equity is forecast to be low in 3 years time (16.4%).
How has Nordic Semiconductor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NDCV.F has high quality earnings.
Growing Profit Margin: NDCV.F's current net profit margins (6.8%) are higher than last year (0.1%).
Past Earnings Growth Analysis
Earnings Trend: NDCV.F's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: NDCV.F's earnings growth over the past year (6195%) exceeds its 5-year average (-13.9% per year).
Earnings vs Industry: NDCV.F earnings growth over the past year (6195%) exceeded the Semiconductor industry 13.9%.
Return on Equity
High ROE: NDCV.F's Return on Equity (6.4%) is considered low.
How is Nordic Semiconductor's financial position?
Financial Position Analysis
Short Term Liabilities: NDCV.F's short term assets ($382.3M) exceed its short term liabilities ($74.3M).
Long Term Liabilities: NDCV.F's short term assets ($382.3M) exceed its long term liabilities ($19.2M).
Debt to Equity History and Analysis
Debt Level: NDCV.F is debt free.
Reducing Debt: NDCV.F has no debt compared to 5 years ago when its debt to equity ratio was 8.9%.
Debt Coverage: NDCV.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NDCV.F has no debt, therefore coverage of interest payments is not a concern.
What is Nordic Semiconductor current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NDCV.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NDCV.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NDCV.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NDCV.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NDCV.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NDCV.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Svenn-Tore Larsen (61 yo)
Mr. Svenn-Tore Larsen has been the Chief Executive Officer of Nordic Semiconductor ASA since February 2002. Mr. Larsen has been Director at poLight AS since May 28, 2019. Mr. Svenn-Tore Larsen serves as an ...
CEO Compensation Analysis
Compensation vs Market: Svenn-Tore's total compensation ($USD583.00K) is below average for companies of similar size in the US market ($USD4.48M).
Compensation vs Earnings: Svenn-Tore's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||18.67yrs||US$583.00k||1.0% |
|Chief Financial Officer||6.08yrs||US$368.00k||0.0046% |
|CTO & Strategy Director||no data||US$412.00k||0.0089% |
|Director of Investor Relation & Strategic Sales||no data||US$389.00k||0.13% |
|Legal Director & Acting Secretary||2.67yrs||US$190.00k||0.0010% |
|Sales & Marketing Director||15.08yrs||US$382.00k||0.093% |
|Human Resource Director||1.08yrs||US$210.00k||no data|
|Quality Director||18.75yrs||US$253.00k||0.036% |
|Supply Chain Director||10.75yrs||US$427.00k||0.084% |
|Director of Project Management||no data||US$188.00k||0.0035% |
Experienced Management: NDCV.F's management team is seasoned and experienced (10.8 years average tenure).
|Chair of the Board of Directors||1.83yrs||US$104.00k||0.092% |
|Employee Representative Director||3.75yrs||US$11.00k||no data|
|Employee Representative Director||no data||US$9.00k||no data|
|Employee Representative Director||2.75yrs||US$11.00k||no data|
|Employee Representative Director||0.50yr||no data||no data|
Experienced Board: NDCV.F's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NDCV.F 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 9%.
Nordic Semiconductor ASA's company bio, employee growth, exchange listings and data sources
- Name: Nordic Semiconductor ASA
- Ticker: NDCV.F
- Exchange: OTCPK
- Founded: 1983
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: kr18.485b
- Listing Market Cap: kr1.977b
- Shares outstanding: 190.96m
- Website: https://www.nordicsemi.com
Number of Employees
- Nordic Semiconductor ASA
- Otto Nielsens veg 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NOD||OB (Oslo Bors)||Yes||Registered Shares||NO||NOK||May 1996|
|0FF9||LSE (London Stock Exchange)||Yes||Registered Shares||GB||NOK||May 1996|
|NDCV.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||May 1996|
|N0S||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||May 1996|
|NODo||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||NOK||May 1996|
Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, and sells integrated circuits and related solutions for short and long range wireless communication in Europe, the Americas, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 23:59|
|End of Day Share Price||2020/10/28 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.