On Semiconductor Intrinsic Value Calculation – Teachers Retirement System of The State of Kentucky Sells Shares of ON Semiconductor Corporation
December 14, 2023
☀️Trending News
The Teachers Retirement System of The State of Kentucky has recently sold their shares in ON ($NASDAQ:ON) Semiconductor Corporation. ON Semiconductor is a leading global supplier of semiconductor-based solutions for a variety of electronics equipment. It provides power management and precision analog solutions for computing, communications, automotive, industrial, and consumer markets. It also provides custom design services and application-specific solutions for its customers. The company’s products are used in various applications such as in cellular and cordless phones, computing and communications systems, automotive control systems, and consumer electronics.
ON Semiconductor’s stock has been doing well in recent years. This has made it an attractive investment for investors looking to capitalize on the growing semiconductor industry. The sale of the Teacher Retirement System of The State of Kentucky’s shares is an indication of the company’s success and potential for future growth.
Market Price
The stock opened at $79.0 and closed at $81.1, representing a 3.4% increase from the prior closing price of 78.4. This news is likely to have been welcomed by investors, as it signals confidence in the company’s stock and potential for growth. It is also seen as a positive sign for the semiconductor industry in general as companies continue to make progress in this space. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for On Semiconductor. More…
| Total Revenues | Net Income | Net Margin |
| 8.34k | 2.23k | 26.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for On Semiconductor. More…
| Operations | Investing | Financing |
| 2.1k | -1.49k | -384 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for On Semiconductor. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.28k | 5.78k | 17.38 |
Key Ratios Snapshot
Some of the financial key ratios for On Semiconductor are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.0% | 92.0% | 33.3% |
| FCF Margin | ROE | ROA |
| 4.3% | 24.0% | 13.1% |
Analysis – On Semiconductor Intrinsic Value Calculation
We at GoodWhale recently conducted an analysis of ON SEMICONDUCTOR‘s fundamentals, and have determined that the intrinsic value of ON SEMICONDUCTOR share is around $69.5. This figure was calculated using our proprietary Valuation Line, which takes into account a variety of factors such as the company’s earnings, cash flow, assets, liabilities, and other financial data. At the moment, ON SEMICONDUCTOR stock is traded at $81.1, which is a fair price but is overvalued by 16.6%. We believe that long-term investors can benefit from investing in ON SEMICONDUCTOR, however it would be wise to wait for the share price to come back to its intrinsic value. More…
Peers
The semiconductor industry is highly competitive, with a large number of companies vying for market share. ON Semiconductor Corp is one of the leading players in this industry, and its main competitors are NXP Semiconductors NV, STMicroelectronics NV, and Texas Instruments Inc. All of these companies are large, well-established players with a significant presence in the semiconductor market.
– NXP Semiconductors NV ($NASDAQ:NXPI)
NXP Semiconductors NV is a global semiconductor company with a market cap of 37.11B as of 2022. The company’s return on equity (ROE) is 41.87%. NXP Semiconductors NV designs, manufactures and supplies semiconductor and system solutions for automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing markets.
– STMicroelectronics NV ($LTS:0INB)
STMicroelectronics is a global semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor products, including integrated circuits, discrete and analog devices. Its products are used in a wide range of electronic applications, including mobile phones, computers, automotive electronics, industrial control and consumer applications. The company has a market cap of $29.74 billion and a return on equity of 20.91%.
– Texas Instruments Inc ($NASDAQ:TXN)
As of 2022, Texas Instruments Inc has a market cap of 139.48B and a Return on Equity of 62.22%. Texas Instruments Inc is a company that produces semiconductors and other electronics.
Summary
ON Semiconductor offers a wide range of products and services ranging from semiconductor to automotive and aerospace. This makes it a great investment opportunity for those interested in getting involved in the industry. To better understand the company’s performance, investors should analyze the company’s financials, management team, and competitive landscape.
Additionally, they should consider how ON Semiconductor is positioned among its peers and determine if its stock price is undervalued or overvalued. Lastly, investors should consider how the company’s performance is impacted by industry trends, macroeconomic conditions, and geopolitical events. With all this in mind, it is important for investors to do their own extensive research before investing in ON Semiconductor Corporation.
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