Power Integrations Inc.
Find Ratings ReportsPOWER INTEGRATIONS INC's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. POWER INTEGRATIONS INC is extremely liquid. Currently, the Quick Ratio is 6.72 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 89.51 | 124.77 |
EBITDA ($mil) | 8.38 | 30.31 |
EBIT ($mil) | -1.05 | 20.89 |
Net Income ($mil) | 14.27 | 22.82 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 311.57 | 353.81 |
Total Assets ($mil) | 819.87 | 840.1 |
Total Debt ($mil) | 9.98 | 8.73 |
Equity ($mil) | 752.24 | 755.22 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 62.16 | 61.53 |
EBITDA Margin | 9.36 | 24.29 |
Operating Margin | -1.17 | 16.74 |
Sales Turnover | 0.54 | 0.78 |
Return on Assets | 6.79 | 20.33 |
Return on Equity | 7.41 | 22.62 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 10.47 | 8.99 |
Debt/Capital | 0.01 | 0.01 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 56.74 | 56.96 |
Div / share | 0.2 | 0.18 |
EPS | 0.25 | 0.4 |
Book value / share | 13.26 | 13.26 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 403445.0 | 401899.0 |
HOLD. POWER INTEGRATIONS INC's P/E ratio indicates a significant premium compared to an average of 53.34 for the Computer and Electronic Product Manufacturing subsector and a significant premium compared to the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 5.29 indicates a premium versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 23.59. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
POWI 72.31 | Peers 53.34 | POWI 60.52 | Peers 44.47 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. POWI is trading at a significant premium to its peers. |
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. POWI is trading at a significant premium to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
POWI 34.72 | Peers 26.06 | POWI 2.70 | Peers 1.95 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. POWI is trading at a significant premium to its peers. |
Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. POWI trades at a significant premium to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
POWI 5.29 | Peers 23.59 | POWI -66.90 | Peers 123.02 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. POWI is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, POWI is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
POWI 8.95 | Peers 14.13 | POWI -31.73 | Peers 27.20 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. POWI is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. POWI significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||