Navitas Semiconductor Corporation (NVTS) Report Analysis
Navitas Semiconductor's recently released results from Q1 indicate that Navitas Semiconductor is performing reasonably well and on par with its peers. This typically translates into the stock performing on par with market performance for the upcoming quarter. We therefore gave Navitas Semiconductor a total score of 72 out of 100 and a HOLD recommendation.
Navitas Semiconductor reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 6.74 million compared to USD 5.32 million a year ago. Net income was USD 79.79 million compared to net loss of USD 7.35 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to basic loss per share from continuing operations of USD 0.37 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to diluted loss per share from continuing operations of USD 0.37 a year ago.
Business Description
Navitas Semiconductor designs, develops, and sells gallium nitride (GaN) power integrated circuits in China, the United States, Taiwan, Korea, and internationally. The company was incorporated in 2013 and is based in Dublin, Ireland.
Sector Overview
Navitas Semiconductor is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Navitas Semiconductor's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Parameter | Value | Change | Score | |
---|---|---|---|---|
Return on Equity | -56.6 | 81.0% | 72 | |
Net Cashflow | 221.5 | -3.4% | 70 | |
Capital Expenditure | -2.0 | 25.4% | 94 | |
Asset Turnover | 0.2 | 10.5% | 93 | |
Free Cashflow | -0.8 | 33.3% | 87 |
* All values are TTM
The below chart reflects Navitas Semiconductor's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Navitas Semiconductor's peer average final assessment score stands on 72.0, Navitas Semiconductor's score is 72.
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Navitas Semiconductor's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Navitas Semiconductor's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.
Two metrics jump up as the most significant positive drivers of the balance sheet strength in Navitas Semiconductors recent report: Assets and Book Value Factors. Navitas Semiconductor's management was effective in managing the value of the assets on their balance sheet, which now sits at 286.9 and represents a -2.9% change from the previous report. This performance is interesting in comparison to its peers and competitors. Therefore, its asset component earned a score of 80. Also, Navitas Semiconductor publishes solid book value factor metrics in this report. Price to book ratio (P/B) now sits at 5.0 and represents a -83.6% change from the previous report. These book value factor numbers show that management has been prudent in focusing on efficient growth. We believe the stock price has room to grow to reflect its intrinsic value accurately. The company's book value factors component, therefore, received a grade of 80. However, one concerning metric, Liabilities, stood out. At filing, Navitas Semiconductor's liabilities were 87.2, representing a -62.1% change from the previous period. Navitas Semiconductor's liabilities changes appear mediocre compared to their peers. Contextually, they convey that management finds balancing asset growth, resource allocation, and liabilities challenging. Therefore, we rated their liabilities movement with a score of 37. Therefore, we scored its balance sheet a 67.
Parameter | Value | Change | Score |
---|---|---|---|
Assets | 286.9 | -2.9% | 80 |
Liabilities | 87.2 | -62.1% | 37 |
Price to Book | 5.0 | -83.6% | 80 |
Cash & Equivalents | 253.8 | -5.4% | 62 |
Equity | 199.7 | 204.8% | 80 |
The below chart describes Navitas Semiconductor's performance as reflected on its balance sheet with respect to its peers. While Navitas Semiconductor received a balance sheet score of 67, the average of its peers stands on 75.0.
Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|---|
Enphase Energy, Inc. | 27.8B | 89 | 61 | 39 | 97 | 55 | 58 | 0 | 1 |
SiTime Corporation | 3.8B | 57 | 67 | 65 | 73 | 64 | 58 | 1 | 1 |
Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 2 | 1 |
ACM Research, Inc. | 950.7M | 87 | 57 | 51 | 43 | 50 | 52 | 3 | 1 |
Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 4 | 1 |
Helix Technology Corporation | 364.9M | 66 | 77 | 79 | 85 | 52 | 65 | 5 | 1 |
CyberOptics Corporation | 278.5M | 71 | 66 | 72 | 64 | 86 | 74 | 6 | 1 |
NVIDIA Corporation | 422.4B | 78 | 70 | 65 | 97 | 54 | 71 | 7 | 1 |
Intel Corporation | 157.9B | 65 | 69 | 76 | 90 | 81 | 77 | 8 | 1 |
Texas Instruments Incorporated | 143.5B | 63 | 70 | 87 | 46 | 84 | 76 | 9 | 1 |
QUALCOMM Incorporated | 142.4B | 57 | 71 | 96 | 80 | 81 | 82 | 10 | 1 |
Advanced Micro Devices, Inc. | 139.6B | 94 | 61 | 78 | 96 | 81 | 88 | 11 | 1 |
Broadcom Inc. | 102.5B | 67 | 79 | 59 | 56 | 54 | 62 | 12 | 1 |
Applied Materials, Inc. | 84.9B | 71 | 72 | 64 | 41 | 55 | 60 | 13 | 1 |
Analog Devices, Inc. | 78.3B | 62 | 80 | 66 | 65 | 66 | 69 | 14 | 1 |
Micron Technology, Inc. | 65.6B | 73 | 69 | 85 | 76 | 74 | 81 | 15 | 1 |
Lam Research Corporation | 62.4B | 73 | 77 | 59 | 51 | 45 | 59 | 16 | 1 |
KLA Corporation | 50.5B | 75 | 62 | 73 | 53 | 66 | 66 | 17 | 1 |
NXP Semiconductors N.V. | 41.7B | 72 | 68 | 56 | 62 | 76 | 64 | 18 | 1 |
Marvell Technology, Inc. | 40.5B | 71 | 84 | 50 | 46 | 51 | 60 | 19 | 1 |
Microchip Technology Incorporated | 33.6B | 65 | 84 | 76 | 72 | 65 | 78 | 20 | 1 |
GLOBALFOUNDRIES Inc. | 24.5B | 81 | 66 | 73 | 82 | 74 | 78 | 21 | 1 |
ON Semiconductor Corporation | 23.5B | 74 | 69 | 77 | 88 | 82 | 81 | 22 | 1 |
Monolithic Power Systems, Inc. | 19.4B | 85 | 65 | 75 | 92 | 80 | 84 | 23 | 1 |
SolarEdge Technologies, Inc. | 16.5B | 77 | 62 | 77 | 96 | 86 | 82 | 24 | 1 |
Skyworks Solutions, Inc. | 15.8B | 69 | 77 | 64 | 46 | 52 | 62 | 25 | 1 |
Teradyne, Inc. | 15.7B | 48 | 81 | 63 | 45 | 47 | 51 | 26 | 1 |
Entegris, Inc. | 14.2B | 62 | 71 | 75 | 55 | 79 | 70 | 27 | 1 |
Qorvo, Inc. | 10.6B | 64 | 83 | 64 | 67 | 55 | 67 | 28 | 1 |
Wolfspeed, Inc. | 8.7B | 96 | 63 | 58 | 97 | 56 | 73 | 29 | 1 |
First Solar, Inc. | 7.5B | 77 | 70 | 50 | 58 | 57 | 58 | 30 | 1 |
Lattice Semiconductor Corporation | 7.2B | 53 | 79 | 79 | 60 | 64 | 68 | 31 | 1 |
MKS Instruments, Inc. | 6.0B | 59 | 74 | 72 | 76 | 72 | 70 | 32 | 1 |
Universal Display Corporation | 5.4B | 57 | 76 | 83 | 85 | 70 | 75 | 33 | 1 |
Daqo New Energy Corp. | 5.4B | 92 | 62 | 81 | 95 | 93 | 93 | 34 | 1 |
Silicon Laboratories Inc. | 5.3B | 89 | 81 | 60 | 45 | 47 | 71 | 35 | 1 |
CMC Materials, Inc. | 5.2B | 65 | 79 | 73 | 87 | 82 | 80 | 36 | 1 |
Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 57 | 65 | 37 | 1 |
Synaptics Incorporated | 5.1B | 71 | 71 | 78 | 92 | 76 | 81 | 38 | 1 |
Power Integrations, Inc. | 4.5B | 55 | 82 | 59 | 79 | 56 | 61 | 39 | 1 |
Amkor Technology, Inc. | 4.3B | 70 | 68 | 75 | 74 | 77 | 74 | 40 | 1 |
Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 74 | 86 | 41 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 68 | 69 | 74 | 80 | 76 | 74 | 42 | 1 |
Onto Innovation Inc. | 3.7B | 84 | 71 | 67 | 72 | 73 | 77 | 43 | 1 |
Semtech Corporation | 3.6B | 58 | 79 | 68 | 67 | 64 | 67 | 44 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 64 | 75 | 74 | 38 | 75 | 69 | 45 | 1 |
JinkoSolar Holding Co., Ltd. | 3.3B | 87 | 62 | 77 | 94 | 94 | 89 | 46 | 1 |
SunPower Corporation | 3.2B | 72 | 81 | 42 | 83 | 53 | 61 | 47 | 1 |
FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 83 | 48 | 1 |
Diodes Incorporated | 3.1B | 46 | 78 | 71 | 51 | 72 | 61 | 49 | 1 |
Silicon Motion Technology Corporation | 2.9B | 40 | 85 | 60 | 40 | 47 | 54 | 50 | 1 |
Nova Ltd. | 2.8B | 86 | 45 | 76 | 48 | 82 | 61 | 51 | 1 |
MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 75 | 76 | 52 | 1 |
Ambarella, Inc. | 2.7B | 45 | 75 | 74 | 86 | 65 | 63 | 53 | 1 |
Kulicke and Soffa Industries, Inc. | 2.7B | 45 | 83 | 61 | 76 | 56 | 57 | 54 | 1 |
Rambus Inc. | 2.4B | 43 | 82 | 41 | 95 | 54 | 48 | 55 | 1 |
Canadian Solar Inc. | 2.2B | 91 | 54 | 59 | 62 | 62 | 58 | 56 | 1 |
Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 85 | 71 | 74 | 81 | 57 | 1 |
Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 77 | 79 | 86 | 88 | 58 | 1 |
Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 59 | 1 |
Impinj, Inc. | 1.4B | 62 | 68 | 78 | 39 | 92 | 72 | 60 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 55 | 78 | 68 | 48 | 68 | 63 | 61 | 1 |
Cohu, Inc. | 1.4B | 52 | 82 | 57 | 59 | 59 | 57 | 62 | 1 |
Photronics, Inc. | 1.3B | 53 | 85 | 66 | 76 | 66 | 68 | 63 | 1 |
SMART Global Holdings, Inc. | 1.1B | 90 | 63 | 75 | 95 | 82 | 86 | 64 | 1 |
Veeco Instruments Inc. | 1.0B | 84 | 72 | 41 | 78 | 47 | 58 | 65 | 1 |
Alpha and Omega Semiconductor Limited | 957.1M | 89 | 64 | 67 | 87 | 67 | 77 | 66 | 1 |
NeoPhotonics Corporation | 837.4M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
PDF Solutions, Inc. | 813.0M | 54 | 81 | 64 | 90 | 51 | 62 | 68 | 1 |
CEVA, Inc. | 804.5M | 82 | 74 | 60 | 87 | 60 | 73 | 69 | 1 |
Ichor Holdings, Ltd. | 789.3M | 59 | 76 | 65 | 38 | 63 | 59 | 70 | 1 |
indie Semiconductor, Inc. | 752.7M | 49 | 54 | 72 | 56 | 56 | 44 | 71 | 1 |
Magnachip Semiconductor Corporation | 681.9M | 56 | 78 | 79 | 72 | 72 | 74 | 72 | 1 |
Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 73 | 1 |
Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 68 | 40 | 78 | 38 | 53 | 74 | 1 |
Rigetti Computing, Inc. | 426.1M | 94 | 62 | 85 | 99 | 98 | 98 | 75 | 1 |
ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 76 | 1 |
Meta Materials Inc. | 414.9M | 51 | 78 | 42 | 41 | 51 | 41 | 77 | 1 |
Valens Semiconductor Ltd. | 350.3M | 92 | 70 | 66 | 45 | 73 | 75 | 78 | 1 |
Rockley Photonics Holdings Limited | 338.0M | 48 | 82 | 40 | 37 | 52 | 41 | 79 | 1 |
Transphorm, Inc. | 260.9M | 41 | 87 | 39 | 47 | 55 | 45 | 80 | 1 |
Navitas Semiconductor's most recent income statement report was not encouraging. Navitas Semiconductor reported concerning EBITDA this period. At filing, EBITDA was reported as -94.0, representing -38.8% change from the previous period. This parameter coud affect companies in the same industry and market capitalization by up to 13.2%. Navitas Semiconductor appears to be headed in the wrong direction in terms of EBITDA momentum, likely due to insufficient capital controls and a weaker than expected overall financial performance. Its EBITDA movement, therefore, received a grade of 45. Also, Navitas Semiconductor reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 25.2 and represented 6.0% change from the previous period. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 56. On the other hand, Return Factors, jumped out as looking rather positive. Return factors metrics and ratios were exceptional in this report. Navitas Semiconductor reported a return on equity (ROE) ratio of -56.6, representing a change of 81.0% from the last report. Its return factor metrics are even more remarkable when compared to their peers. Therefore, its return factors component earned a score of 72. The companie's income statement, therefore, earned a score of 53.
Parameter | Value | Change | Score |
---|---|---|---|
EBITDA | -94.0 | -38.8% | 45 |
Total Revenues | 25.2 | 6.0% | 56 |
Return on Equity | -56.6 | 81.0% | 72 |
The below chart describes Navitas Semiconductor's performance as reflected on its income statement with respect to its peers. While Navitas Semiconductor received a income statement score of 53 , the average of its peers stands on 57.0.
Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
---|---|---|---|---|---|---|---|
Enphase Energy, Inc. | 27.8B | 45 | 74 | 55 | 57 | 0 | 1 |
SiTime Corporation | 3.8B | 39 | 93 | 78 | 64 | 1 | 1 |
Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 2 | 1 |
ACM Research, Inc. | 950.7M | 88 | 42 | 42 | 67 | 3 | 1 |
Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 4 | 1 |
Helix Technology Corporation | 364.9M | 89 | 47 | 51 | 74 | 5 | 1 |
CyberOptics Corporation | 278.5M | 54 | 87 | 87 | 71 | 6 | 1 |
NVIDIA Corporation | 422.4B | 46 | 83 | 68 | 63 | 7 | 1 |
Intel Corporation | 157.9B | 90 | 55 | 73 | 76 | 8 | 1 |
Texas Instruments Incorporated | 143.5B | 69 | 78 | 71 | 74 | 9 | 1 |
QUALCOMM Incorporated | 142.4B | 48 | 87 | 79 | 66 | 10 | 1 |
Advanced Micro Devices, Inc. | 139.6B | 40 | 89 | 38 | 59 | 11 | 1 |
Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 12 | 1 |
Applied Materials, Inc. | 84.9B | 72 | 68 | 73 | 72 | 13 | 1 |
Analog Devices, Inc. | 78.3B | 40 | 91 | 93 | 65 | 14 | 1 |
Micron Technology, Inc. | 65.6B | 59 | 88 | 90 | 74 | 15 | 1 |
Lam Research Corporation | 62.4B | 80 | 63 | 75 | 74 | 16 | 1 |
KLA Corporation | 50.5B | 56 | 77 | 77 | 67 | 17 | 1 |
NXP Semiconductors N.V. | 41.7B | 59 | 79 | 90 | 71 | 18 | 1 |
Marvell Technology, Inc. | 40.5B | 41 | 89 | 88 | 64 | 19 | 1 |
Microchip Technology Incorporated | 33.6B | 57 | 83 | 92 | 71 | 20 | 1 |
GLOBALFOUNDRIES Inc. | 24.5B | 50 | 93 | 85 | 70 | 21 | 1 |
ON Semiconductor Corporation | 23.5B | 53 | 92 | 94 | 73 | 22 | 1 |
Monolithic Power Systems, Inc. | 19.4B | 45 | 90 | 83 | 66 | 23 | 1 |
SolarEdge Technologies, Inc. | 16.5B | 41 | 70 | 48 | 53 | 24 | 1 |
Skyworks Solutions, Inc. | 15.8B | 69 | 70 | 63 | 70 | 25 | 1 |
Teradyne, Inc. | 15.7B | 88 | 57 | 62 | 75 | 26 | 1 |
Entegris, Inc. | 14.2B | 56 | 80 | 80 | 69 | 27 | 1 |
Qorvo, Inc. | 10.6B | 76 | 65 | 63 | 71 | 28 | 1 |
Wolfspeed, Inc. | 8.7B | 49 | 90 | 86 | 69 | 29 | 1 |
First Solar, Inc. | 7.5B | 98 | 43 | 40 | 73 | 30 | 1 |
Lattice Semiconductor Corporation | 7.2B | 54 | 88 | 89 | 71 | 31 | 1 |
MKS Instruments, Inc. | 6.0B | 78 | 66 | 65 | 74 | 32 | 1 |
Universal Display Corporation | 5.4B | 71 | 63 | 61 | 68 | 33 | 1 |
Daqo New Energy Corp. | 5.4B | 37 | 96 | 94 | 65 | 34 | 1 |
Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 35 | 1 |
CMC Materials, Inc. | 5.2B | 72 | 76 | 93 | 76 | 36 | 1 |
Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 37 | 1 |
Synaptics Incorporated | 5.1B | 45 | 91 | 90 | 68 | 38 | 1 |
Power Integrations, Inc. | 4.5B | 80 | 76 | 83 | 80 | 39 | 1 |
Amkor Technology, Inc. | 4.3B | 63 | 76 | 77 | 70 | 40 | 1 |
Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 41 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 68 | 48 | 67 | 61 | 42 | 1 |
Onto Innovation Inc. | 3.7B | 47 | 87 | 89 | 67 | 43 | 1 |
Semtech Corporation | 3.6B | 64 | 84 | 87 | 75 | 44 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 74 | 77 | 73 | 76 | 45 | 1 |
JinkoSolar Holding Co., Ltd. | 3.3B | 38 | 89 | 81 | 62 | 46 | 1 |
SunPower Corporation | 3.2B | 49 | 43 | 72 | 49 | 47 | 1 |
FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 48 | 1 |
Diodes Incorporated | 3.1B | 66 | 84 | 86 | 76 | 49 | 1 |
Silicon Motion Technology Corporation | 2.9B | 54 | 83 | 78 | 72 | 50 | 1 |
Nova Ltd. | 2.8B | 41 | 89 | 78 | 70 | 51 | 1 |
MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 52 | 1 |
Ambarella, Inc. | 2.7B | 56 | 89 | 79 | 71 | 53 | 1 |
Kulicke and Soffa Industries, Inc. | 2.7B | 73 | 82 | 85 | 79 | 54 | 1 |
Rambus Inc. | 2.4B | 48 | 85 | 62 | 64 | 55 | 1 |
Canadian Solar Inc. | 2.2B | 73 | 76 | 53 | 72 | 56 | 1 |
Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 57 | 1 |
Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 63 | 60 | 58 | 1 |
Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 59 | 1 |
Impinj, Inc. | 1.4B | 64 | 53 | 52 | 59 | 60 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 61 | 1 |
Cohu, Inc. | 1.4B | 92 | 53 | 49 | 75 | 62 | 1 |
Photronics, Inc. | 1.3B | 55 | 86 | 92 | 71 | 63 | 1 |
SMART Global Holdings, Inc. | 1.1B | 48 | 86 | 68 | 65 | 64 | 1 |
Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 65 | 1 |
Alpha and Omega Semiconductor Limited | 957.1M | 62 | 75 | 76 | 69 | 66 | 1 |
NeoPhotonics Corporation | 837.4M | 45 | 95 | 90 | 69 | 67 | 1 |
PDF Solutions, Inc. | 813.0M | 49 | 95 | 89 | 71 | 68 | 1 |
CEVA, Inc. | 804.5M | 51 | 90 | 97 | 71 | 69 | 1 |
Ichor Holdings, Ltd. | 789.3M | 72 | 60 | 55 | 67 | 70 | 1 |
indie Semiconductor, Inc. | 752.7M | 37 | 47 | 69 | 43 | 71 | 1 |
Magnachip Semiconductor Corporation | 681.9M | 94 | 80 | 88 | 90 | 72 | 1 |
Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 73 | 1 |
Maxeon Solar Technologies, Ltd. | 603.6M | 50 | 49 | 60 | 49 | 74 | 1 |
Rigetti Computing, Inc. | 426.1M | 92 | 44 | 69 | 73 | 75 | 1 |
ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 76 | 1 |
Meta Materials Inc. | 414.9M | 37 | 45 | 70 | 43 | 77 | 1 |
Valens Semiconductor Ltd. | 350.3M | 41 | 86 | 65 | 65 | 78 | 1 |
Rockley Photonics Holdings Limited | 338.0M | 97 | 50 | 83 | 79 | 79 | 1 |
Transphorm, Inc. | 260.9M | 37 | 81 | 97 | 68 | 80 | 1 |
Overall, Navitas Semiconductor's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Navitas Semiconductor's published capital expenditures (CapEx) numbers were encouraging and reflected management's balanced change strategy. Navitas Semiconductor recorded CapEx of -2.0, which represents 25.4% change from the previous report. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. The company's CapEx movement, therefore, received a grade of 94. Also, Navitas Semiconductor is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.2, representing a 10.5% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 10.7%. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. Therefore, its asset turnover movement earned a score of 93. That said, one metric, Net Cash Flow, stood out as strongly negative. Navitas Semiconductor's net cash flow metrics were 221.5 according to their current filing, which represents a -3.4% change from the previous report. Their net cash flow momentum should be a cause for concern and could bring negative momentum for Navitas Semiconductor's stock price going forward. Hence, their net cash flow earned a score of 70. Their cash flow, therefore, earned a score of 90.
Parameter | Value | Change | Score |
---|---|---|---|
Net Cashflow | 221.5 | -3.4% | 70 |
Capital Expenditure | -2.0 | 25.4% | 94 |
Asset Turnover | 0.2 | 10.5% | 93 |
Free Cashflow | -0.8 | 33.3% | 87 |
The below chart describes Navitas Semiconductor's performance as reflected on its cash flow with respect to its peers. While Navitas Semiconductor received a cash flow score of 90, the average of its peers stands on 74.0.
Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|
Enphase Energy, Inc. | 27.8B | 89 | 77 | 64 | 40 | 60 | 0 | 1 |
SiTime Corporation | 3.8B | 83 | 87 | 56 | 44 | 62 | 1 | 1 |
Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 2 | 1 |
ACM Research, Inc. | 950.7M | 62 | 43 | 50 | 54 | 50 | 3 | 1 |
Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 4 | 1 |
Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 5 | 1 |
CyberOptics Corporation | 278.5M | 49 | 74 | 89 | 78 | 72 | 6 | 1 |
NVIDIA Corporation | 422.4B | 93 | 65 | 61 | 86 | 82 | 7 | 1 |
Intel Corporation | 157.9B | 57 | 72 | 68 | 53 | 58 | 8 | 1 |
Texas Instruments Incorporated | 143.5B | 74 | 74 | 63 | 69 | 70 | 9 | 1 |
QUALCOMM Incorporated | 142.4B | 65 | 65 | 70 | 87 | 77 | 10 | 1 |
Advanced Micro Devices, Inc. | 139.6B | 93 | 66 | 69 | 37 | 57 | 11 | 1 |
Broadcom Inc. | 102.5B | 74 | 76 | 87 | 89 | 85 | 12 | 1 |
Applied Materials, Inc. | 84.9B | 75 | 59 | 69 | 72 | 69 | 13 | 1 |
Analog Devices, Inc. | 78.3B | 78 | 76 | 51 | 94 | 84 | 14 | 1 |
Micron Technology, Inc. | 65.6B | 81 | 85 | 81 | 74 | 80 | 15 | 1 |
Lam Research Corporation | 62.4B | 72 | 60 | 56 | 75 | 68 | 16 | 1 |
KLA Corporation | 50.5B | 70 | 76 | 52 | 79 | 74 | 17 | 1 |
NXP Semiconductors N.V. | 41.7B | 59 | 72 | 51 | 85 | 73 | 18 | 1 |
Marvell Technology, Inc. | 40.5B | 94 | 84 | 58 | 46 | 65 | 19 | 1 |
Microchip Technology Incorporated | 33.6B | 80 | 79 | 48 | 84 | 79 | 20 | 1 |
GLOBALFOUNDRIES Inc. | 24.5B | 54 | 86 | 45 | 64 | 64 | 21 | 1 |
ON Semiconductor Corporation | 23.5B | 60 | 79 | 55 | 74 | 70 | 22 | 1 |
Monolithic Power Systems, Inc. | 19.4B | 84 | 78 | 59 | 75 | 77 | 23 | 1 |
SolarEdge Technologies, Inc. | 16.5B | 46 | 38 | 55 | 52 | 43 | 24 | 1 |
Skyworks Solutions, Inc. | 15.8B | 78 | 57 | 79 | 73 | 71 | 25 | 1 |
Teradyne, Inc. | 15.7B | 75 | 65 | 66 | 68 | 68 | 26 | 1 |
Entegris, Inc. | 14.2B | 60 | 57 | 50 | 77 | 65 | 27 | 1 |
Qorvo, Inc. | 10.6B | 78 | 65 | 87 | 71 | 73 | 28 | 1 |
Wolfspeed, Inc. | 8.7B | 57 | 74 | 76 | 46 | 55 | 29 | 1 |
First Solar, Inc. | 7.5B | 46 | 84 | 56 | 46 | 53 | 30 | 1 |
Lattice Semiconductor Corporation | 7.2B | 79 | 77 | 43 | 82 | 77 | 31 | 1 |
MKS Instruments, Inc. | 6.0B | 58 | 58 | 92 | 56 | 59 | 32 | 1 |
Universal Display Corporation | 5.4B | 74 | 81 | 68 | 65 | 71 | 33 | 1 |
Daqo New Energy Corp. | 5.4B | 78 | 86 | 63 | 96 | 89 | 34 | 1 |
Silicon Laboratories Inc. | 5.3B | 70 | 89 | 81 | 88 | 86 | 35 | 1 |
CMC Materials, Inc. | 5.2B | 72 | 66 | 68 | 80 | 75 | 36 | 1 |
Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 58 | 68 | 37 | 1 |
Synaptics Incorporated | 5.1B | 85 | 62 | 98 | 55 | 67 | 38 | 1 |
Power Integrations, Inc. | 4.5B | 88 | 77 | 64 | 82 | 82 | 39 | 1 |
Amkor Technology, Inc. | 4.3B | 46 | 57 | 61 | 71 | 60 | 40 | 1 |
Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 91 | 41 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 56 | 56 | 77 | 56 | 56 | 42 | 1 |
Onto Innovation Inc. | 3.7B | 95 | 65 | 88 | 85 | 85 | 43 | 1 |
Semtech Corporation | 3.6B | 79 | 78 | 58 | 79 | 78 | 44 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 46 | 78 | 54 | 78 | 69 | 45 | 1 |
JinkoSolar Holding Co., Ltd. | 3.3B | 67 | 69 | 73 | 78 | 74 | 46 | 1 |
SunPower Corporation | 3.2B | 84 | 41 | 39 | 93 | 74 | 47 | 1 |
FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 68 | 48 | 1 |
Diodes Incorporated | 3.1B | 77 | 61 | 52 | 80 | 72 | 49 | 1 |
Silicon Motion Technology Corporation | 2.9B | 63 | 53 | 46 | 85 | 61 | 50 | 1 |
Nova Ltd. | 2.8B | 58 | 53 | 39 | 56 | 54 | 51 | 1 |
MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 52 | 1 |
Ambarella, Inc. | 2.7B | 84 | 95 | 45 | 75 | 80 | 53 | 1 |
Kulicke and Soffa Industries, Inc. | 2.7B | 93 | 81 | 83 | 74 | 83 | 54 | 1 |
Rambus Inc. | 2.4B | 96 | 73 | 89 | 89 | 90 | 55 | 1 |
Canadian Solar Inc. | 2.2B | 69 | 70 | 74 | 68 | 71 | 56 | 1 |
Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 85 | 82 | 57 | 1 |
Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 58 | 1 |
Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 79 | 67 | 59 | 1 |
Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 60 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 62 | 61 | 1 |
Cohu, Inc. | 1.4B | 92 | 62 | 71 | 44 | 59 | 62 | 1 |
Photronics, Inc. | 1.3B | 65 | 92 | 96 | 79 | 83 | 63 | 1 |
SMART Global Holdings, Inc. | 1.1B | 47 | 85 | 95 | 54 | 62 | 64 | 1 |
Veeco Instruments Inc. | 1.0B | 73 | 82 | 48 | 69 | 71 | 65 | 1 |
Alpha and Omega Semiconductor Limited | 957.1M | 49 | 64 | 45 | 59 | 54 | 66 | 1 |
NeoPhotonics Corporation | 837.4M | 50 | 63 | 67 | 87 | 72 | 67 | 1 |
PDF Solutions, Inc. | 813.0M | 81 | 98 | 45 | 92 | 89 | 68 | 1 |
CEVA, Inc. | 804.5M | 57 | 54 | 84 | 83 | 71 | 69 | 1 |
Ichor Holdings, Ltd. | 789.3M | 51 | 37 | 87 | 71 | 59 | 70 | 1 |
indie Semiconductor, Inc. | 752.7M | 69 | 80 | 52 | 98 | 85 | 71 | 1 |
Magnachip Semiconductor Corporation | 681.9M | 65 | 56 | 76 | 54 | 57 | 72 | 1 |
Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 73 | 1 |
Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 90 | 59 | 88 | 84 | 74 | 1 |
Rigetti Computing, Inc. | 426.1M | 48 | 76 | 51 | 60 | 58 | 75 | 1 |
ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 76 | 1 |
Meta Materials Inc. | 414.9M | 85 | 56 | 68 | 97 | 84 | 77 | 1 |
Valens Semiconductor Ltd. | 350.3M | 53 | 89 | 90 | 46 | 66 | 78 | 1 |
Rockley Photonics Holdings Limited | 338.0M | 80 | 72 | 66 | 46 | 59 | 79 | 1 |
Transphorm, Inc. | 260.9M | 81 | 87 | 96 | 94 | 88 | 80 | 1 |
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