Skyworks Solutions Inc

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SWKS : NASDAQ : Technology
$105.89 | %
Today's Range: 104.5 - 106.34
Avg. Daily Volume: 1882200.0
05/26/17 - 4:00 PM ET

Financial Analysis


SKYWORKS SOLUTIONS INC's gross profit margin for the second quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry. SKYWORKS SOLUTIONS INC is extremely liquid. Currently, the Quick Ratio is 6.65 which clearly shows the ability to cover any short-term cash needs. SWKS managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.

During the same period, stockholders' equity ("net worth") has increased by 7.01% 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.

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Income Statement Q2 FY17 Q2 FY16
Net Sales ($mil)851.7775.1
EBITDA ($mil)346.3321.3
EBIT ($mil)283.4259.2
Net Income ($mil)224.9208.1


Balance Sheet Q2 FY17 Q2 FY16
Cash & Equiv. ($mil)1406.91177.5
Total Assets ($mil)4166.83958.2
Total Debt ($mil)0.00.0
Equity ($mil)3791.83543.3


Profitability Q2 FY17 Q2 FY16
Gross Profit Margin56.5157.27
EBITDA Margin40.6541.45
Operating Margin33.2733.44
Sales Turnover0.80.86
Return on Assets21.9425.26
Return on Equity24.1128.22
Debt Q2 FY17 Q2 FY16
Current Ratio8.656.55
Debt/Capital0.00.0
Interest Expense0.00.0
Interest Coverage0.00.0


Share Data Q2 FY17 Q2 FY16
Shares outstanding (mil)184.5190.2
Div / share0.280.26
EPS1.21.08
Book value / share20.5518.63
Institutional Own % n/a n/a
Avg Daily Volume1987528.02493841.0

Valuation


BUY. This stock's P/E ratio indicates a discount compared to an average of 27.49 for the Semiconductors & Semiconductor Equipment industry and a discount compared to the S&P 500 average of 25.02. Conducting a second comparison, its price-to-book ratio of 5.02 indicates a significant premium versus the S&P 500 average of 3.00 and a premium versus the industry average of 4.91. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
SWKS 21.23 Peers 27.49   SWKS 14.21 Peers 17.49

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

SWKS is trading at a discount to its peers.

 

Discount. 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.

SWKS is trading at a discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
SWKS 14.37 Peers 20.43   SWKS 0.97 Peers 1.12

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

SWKS is trading at a discount to its peers.

 

Discount. 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.

SWKS trades at a discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
SWKS 5.02 Peers 4.91   SWKS -5.45 Peers 8.74

Average. 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.

SWKS is trading at a valuation on par with its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, SWKS is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
SWKS 5.68 Peers 4.89   SWKS -1.17 Peers 27.09

Premium. 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.

SWKS is trading at a premium to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

SWKS significantly trails its peers on the basis of sales growth

 

 

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