Nordic Semiconductor ASA

OTCPK:NDCV.F Stock Report

Market Cap: US$3.2b

Nordic Semiconductor Valuation

Is NDCV.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NDCV.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

US$7.4
Fair Value
114.1% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: NDCV.F ($15.84) is trading above our estimate of fair value ($7.4)

Significantly Below Fair Value: NDCV.F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NDCV.F?

Key metric: As NDCV.F is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NDCV.F. This is calculated by dividing NDCV.F's market cap by their current revenue.
What is NDCV.F's PS Ratio?
PS Ratio5.1x
SalesUS$628.11m
Market CapUS$3.22b

Price to Sales Ratio vs Peers

How does NDCV.F's PS Ratio compare to its peers?

The above table shows the PS ratio for NDCV.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.8x
SIMO Silicon Motion Technology
4.4x15.06%US$3.4b
DIOD Diodes
1.9x8.26%US$2.6b
AMBA Ambarella
10.5x12.58%US$3.7b
SYNA Synaptics
2.6x9.31%US$2.8b
NDCV.F Nordic Semiconductor
5.1x12.16%US$32.2b

Price-To-Sales vs Peers: NDCV.F is expensive based on its Price-To-Sales Ratio (5.1x) compared to the peer average (4.8x).

Price to Sales Ratio vs Industry

How does NDCV.F's PS Ratio compare vs other companies in the US Semiconductor Industry?

23 CompaniesPrice / SalesEstimated GrowthMarket Cap
AMKR Amkor Technology
1.3x8.02%US$8.10b
UCTT Ultra Clean Holdings
0.6x9.32%US$1.36b
PENG Penguin Solutions
0.9x9.86%US$1.18b
JKS JinkoSolar Holding
0.1x12.99%US$1.11b
NDCV.F 5.1xIndustry Avg. 5.3xNo. of Companies23PS0612182430+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NDCV.F is good value based on its Price-To-Sales Ratio (5.1x) compared to the US Semiconductor industry average (5.3x).

Price to Sales Ratio vs Fair Ratio

What is NDCV.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NDCV.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NDCV.F's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NDCV.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$15.84
US$14.81
-6.50%
21.49%US$19.86US$10.82n/a13
Oct ’26US$15.28
US$14.35
-6.05%
18.88%US$19.15US$10.98n/a12
Sep ’26US$16.50
US$13.79
-16.41%
20.75%US$18.90US$10.84n/a12
Aug ’26US$13.46
US$12.06
-10.41%
20.10%US$16.15US$9.19n/a11
Jul ’26US$13.30
US$11.90
-10.55%
19.20%US$16.37US$9.42n/a11
Jun ’26US$12.03
US$12.71
+5.67%
20.35%US$16.59US$9.22n/a12
May ’26US$10.00
US$13.17
+31.67%
18.70%US$16.37US$9.58n/a11
Apr ’26US$11.83
US$14.38
+21.60%
12.70%US$16.58US$12.10n/a11
Mar ’26US$12.84
US$13.26
+3.30%
14.90%US$15.61US$10.44n/a11
Feb ’26US$10.10
US$11.29
+11.81%
16.45%US$13.87US$7.51n/a11
Jan ’26US$8.90
US$11.37
+27.71%
17.12%US$14.10US$7.64n/a10
Dec ’25US$9.00
US$11.78
+30.93%
20.47%US$16.31US$7.70n/a10
Nov ’25US$9.75
US$12.12
+24.32%
21.53%US$16.55US$7.73n/a11
Oct ’25US$9.70
US$13.39
+38.06%
19.90%US$17.15US$8.95US$15.2812
Sep ’25US$13.40
US$15.16
+13.07%
16.64%US$17.72US$10.42US$16.5012
Aug ’25US$12.63
US$13.80
+9.30%
20.87%US$17.44US$9.13US$13.4612
Jul ’25US$13.06
US$12.29
-5.88%
14.27%US$15.12US$9.39US$13.3012
Jun ’25US$12.69
US$11.53
-9.20%
13.02%US$14.51US$9.07US$12.0312
May ’25US$11.45
US$11.53
+0.67%
13.02%US$14.51US$9.07US$10.0012
Apr ’25US$7.63
US$9.64
+26.31%
15.16%US$12.00US$7.56US$11.8311
Mar ’25US$8.83
US$9.64
+9.21%
15.16%US$12.00US$7.56US$12.8411
Feb ’25US$10.07
US$10.80
+7.25%
28.45%US$18.67US$8.52US$10.1011
Jan ’25US$12.43
US$9.81
-21.10%
18.94%US$13.22US$8.12US$8.9011
Dec ’24US$9.18
US$9.70
+5.69%
17.39%US$13.33US$8.18US$9.0011
Nov ’24US$7.64
US$9.68
+26.74%
16.51%US$12.98US$8.06US$9.7511
Oct ’24US$10.36
US$12.50
+20.65%
20.78%US$16.83US$8.94US$9.7012
US$14.44
Fair Value
9.7% overvalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/26 13:15
End of Day Share Price 2025/10/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nordic Semiconductor ASA is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Simon Alexander ColesBarclays
Meha PauBerenberg