Silicon Laboratories Stock Fair Value – SILICON LABORATORIES Reports 6.9% Drop in Revenue and 50.5% in Net Income for Q2 FY2023
August 19, 2023
🌧️Earnings Overview
For the second quarter of the fiscal year 2023, SILICON LABORATORIES ($NASDAQ:SLAB) reported total revenue of USD 244.9 million and net income of USD 11.0 million; both figures were lower compared to those of the same period in the preceding fiscal year, ending June 30 2023, with a decrease of 6.9% and 50.5% respectively.
Analysis – Silicon Laboratories Stock Fair Value
GoodWhale recently conducted an analysis of SILICON LABORATORIES‘s wellbeing. After evaluating the company’s current market conditions, our proprietary Valuation Line arrived at an intrinsic value of around $188.3 for SILICON LABORATORIES shares. This suggests that the stock is currently undervalued by 23.3%, as it is currently traded at $144.4. This provides a great opportunity for investors interested in the wellbeing of SILICON LABORATORIES. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Silicon Laboratories. More…
| Total Revenues | Net Income | Net Margin |
| 1.02k | 71.28 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Silicon Laboratories. More…
| Operations | Investing | Financing |
| 11.54 | 684.57 | -966.14 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Silicon Laboratories. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.52k | 259.9 | 38.24 |
Key Ratios Snapshot
Some of the financial key ratios for Silicon Laboratories are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.6% | 23.7% | 11.1% |
| FCF Margin | ROE | ROA |
| -1.6% | 5.3% | 4.6% |
Peers
The company’s competitors include NXP Semiconductors NV, Synaptics Inc, and Qualcomm Inc.
– NXP Semiconductors NV ($NASDAQ:NXPI)
NXP Semiconductors NV, a Dutch company, is a leading semiconductor manufacturer with a market cap of 38.06B as of 2022. The company’s ROE is 41.87%. NXP Semiconductors NV designs, manufactures and markets a broad range of semiconductor products, including microcontrollers, digital signal processors, memories, RF power amplifiers and mixed-signal integrated circuits.
– Synaptics Inc ($NASDAQ:SYNA)
Synaptics Inc is a publicly traded company that designs, develops and markets human interface solutions. The company’s products are used in mobile phones, PCs, and other electronic devices. Synaptics’ human interface solutions include touch controllers, display drivers, fingerprint sensors, biometrics and security solutions.
Synaptics has a market capitalization of $3.48 billion as of 2022 and a return on equity of 18.08%. The company’s products are used in a variety of electronic devices, including mobile phones, PCs and other consumer electronics. Synaptics is a leading provider of human interface solutions that enable people to interact with electronic devices.
– Qualcomm Inc ($NASDAQ:QCOM)
Qualcomm Inc is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. It has a market cap of 130.69B as of 2022 and a Return on Equity of 90.42%. The company was founded in 1985 and is headquartered in San Diego, California.
Summary
SILICON LABORATORIES recently reported its second quarter financial results for FY2023, showing a 6.9% decrease in total revenue and a 50.5% decrease in net income compared to the same period in the prior year. As a result, the stock price moved down on the same day. Investors should be aware of this decline in financial performance, and further research may be warranted to determine if there are any deeper underlying issues. Additionally, investors should assess SILICON LABORATORIES’ competitive landscape and future prospects when considering an investment.
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