Skyworks Solutions, Inc. (SWKS) Report Analysis
Corporate Events
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 1000 Growth Index
2022-06-24 00:00:00
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 1000 Growth Index
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 3000 Growth Index
2022-06-24 00:00:00
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 3000 Growth Index
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 3000E Growth Index
2022-06-24 00:00:00
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 3000E Growth Index
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell Midcap Growth Index
2022-06-24 00:00:00
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell Midcap Growth Index
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 1000 Growth-Defensive Index
2022-06-24 00:00:00
Skyworks Solutions, Inc.(NasdaqGS:SWKS) dropped from Russell 1000 Growth-Defensive Index
Skyworks Solutions, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-09-2022 09:30 AM
2022-06-01 12:01:00
Skyworks Solutions, Inc. Presents at Bank of America 2022 Global Technology Conference, Jun-09-2022 09:30 AM. Venue: Ritz Carlton, San Francisco, California, United States.
Declaration of Voting Results by Skyworks Solutions Inc
2022-05-13 16:43:00
On May 13, 2022, Skyworks Solutions Inc announced that at its annual general meeting of shareholder held on May 11, 2022, shareholder proposals relating to the Company’s stockholder special meeting right was not approved.
Skyworks Solutions, Inc., $ 0.56, Cash Dividend, May-23-2022
2022-05-04 22:20:00
Skyworks Solutions, Inc., $ 0.56, Cash Dividend, May-23-2022
Skyworks Solutions, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022
2022-05-03 20:30:00
Skyworks Solutions, Inc. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expects to deliver double-digit year-over-year revenue and earnings per share growth in the June quarter. Specifically, The company anticipates revenue between $1.2 billion and $1.26 billion. At the midpoint of $1.23 billion, revenue for the quarter is expected to increase 10% year-over-year.
Skyworks Solutions, Inc. Declares Cash Dividend Payable on June 14, 2022
2022-05-03 20:02:00
Skyworks Solutions, Inc. board of directors has declared a cash dividend of $0.56 per share of the company’s common stock, payable on June 14, 2022, to stockholders of record at the close of business on May 24, 2022.
Tranche Update on Skyworks Solutions, Inc. (NasdaqGS:SWKS)'s Equity Buyback Plan announced on January 28, 2021.
2022-05-03 00:00:00
From January 1, 2022 to April 1, 2022, the company has repurchased 3,019,138 shares, representing 1.84% for $418.12 million. With this, the company has completed the repurchase of 4,707,674 shares, representing 2.86% for $687.79 million under the buyback announced on January 28, 2021.
Skyworks Solutions Inc Issues an Investor Presentation to Shareholders
2022-04-25 09:16:00
On April 25, 2022, Skyworks Solutions Inc issued an investor presentation to shareholders and provide information to shareholders about projections and information relating to future events and expectations of the Company. In addition, the Company urged the shareholders to vote against the shareholders proposals at the 2022 annual meeting of shareholders.
Skyworks Solutions, Inc. to Report Q2, 2022 Results on May 03, 2022
2022-04-18 12:01:00
Skyworks Solutions, Inc. announced that they will report Q2, 2022 results After-Market on May 03, 2022
Skyworks Solutions, Inc., Q2 2022 Earnings Call, May 03, 2022
2022-04-18 12:01:00
Skyworks Solutions, Inc., Q2 2022 Earnings Call, May 03, 2022
Skyworks Solutions, Inc. - Shareholder/Analyst Call
2022-03-25 20:06:00
AGM
Skyworks Solutions, Inc., Annual General Meeting, May 11, 2022
2022-03-25 20:06:00
Skyworks Solutions, Inc., Annual General Meeting, May 11, 2022, at 11:00 Pacific Daylight. Agenda: To elect eight individuals nominated to serve as directors of the Company with terms expiring at the 2023 Annual Meeting of Stockholders and named in the Proxy Statement; to ratify the selection by the Company’s Audit Committee of KPMG LLP as the independent registered public accounting firm for the Company for fiscal year 2022; to approve, on an advisory basis, the compensation of the Company’s named executive officers; to consider one stockholder proposal, if properly presented at the Annual Meeting; and to transact other business.
Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022
2022-03-17 14:07:00
Bank of America Corporation, Bank of America 2022 Global Technology Conference, Jun 07, 2022 through Jun 09, 2022. Venue: Ritz Carlton, San Francisco, California, United States.
Skyworks Solutions, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2022
2022-02-03 21:30:00
Skyworks Solutions, Inc. provided earnings guidance for the second quarter of fiscal 2022. The company expects to deliver double-digit year-over-year revenue and earnings per share growth in the March quarter. Specifically, the company anticipates revenue between $1.3 billion and $1.36 billion. At the midpoint of $1.33 billion, revenue for the quarter is expected to increase 13.5% year-over-year. Accordingly, at the midpoint of the revenue range, the company intends to deliver diluted earnings per share of $2.62, an increase of 11% over second quarter of last year.
Skyworks Solutions, Inc. Declares Cash Dividend Payable on March 15, 2022
2022-02-03 21:02:00
Skyworks Solutions, Inc.’ board of directors has declared a cash dividend of $0.56 per share of the Company’s common stock, payable on March 15, 2022, to stockholders of record at the close of business on February 22, 2022.
Skyworks Solutions, Inc. Appoints Suzanne McBride to Its Board of Directors
2022-02-02 21:05:00
Skyworks Solutions, Inc. announced that the company has appointed Suzanne “Suzi” E. McBride to its board of directors. McBride currently serves as chief operations officer for Iridium Communications. Her previous experience includes a series of increasingly senior roles in technology and operations with Motorola, General Dynamics, OneWeb and Iridium.
Skyworks Solutions, Inc. Appoints Eric Guerin to Its Board of Directors
2022-01-31 21:05:00
Skyworks Solutions, Inc. announced that the company has appointed Eric J. Guerin to its board of directors. Guerin currently serves as executive vice president and chief financial officer for CDK Global. Prior to joining CDK Global, Guerin served as division vice president and sector chief financial officer at Corning Glass Technologies, a division of Corning Inc.
Skyworks Solutions, Inc., Q1 2022 Earnings Call, Feb 03, 2022
2022-01-20 13:01:00
Skyworks Solutions, Inc., Q1 2022 Earnings Call, Feb 03, 2022
Skyworks Solutions, Inc. to Report Q1, 2022 Results on Feb 03, 2022
2022-01-20 13:01:00
Skyworks Solutions, Inc. announced that they will report Q1, 2022 results After-Market on Feb 03, 2022
Skyworks Solutions, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 11:50 AM
2021-12-23 13:01:00
Skyworks Solutions, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 11:50 AM. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.
Skyworks Solutions, Inc. Presents at Raymond James Virtual Technology Investors Conference 2021, Dec-07-2021 11:30 AM
2021-12-01 13:01:00
Skyworks Solutions, Inc. Presents at Raymond James Virtual Technology Investors Conference 2021, Dec-07-2021 11:30 AM.
Tranche Update on Skyworks Solutions, Inc. (NasdaqGS:SWKS)'s Equity Buyback Plan announced on January 28, 2021.
2021-11-24 16:48:00
From July 3, 2021 to October 1, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 0 shares, representing 0% for $0 million under the buyback announced on January 28, 2021.
JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022
2021-11-23 14:23:00
JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.
Skyworks Solutions, Inc. Presents at New Street Research and BCG 5G Conference, Nov-15-2021 02:10 PM
2021-11-12 07:36:00
Skyworks Solutions, Inc. Presents at New Street Research and BCG 5G Conference, Nov-15-2021 02:10 PM. Speakers: Carlos S. Bori, Senior Vice President of Sales & Marketing.
Skyworks Solutions, Inc. Presents at UBS Global TMT Virtual Conference, Dec-08-2021 10:00 AM
2021-11-09 19:30:00
Skyworks Solutions, Inc. Presents at UBS Global TMT Virtual Conference, Dec-08-2021 10:00 AM. Venue: New York, United States. Speakers: Kris Sennesael, Senior VP & CFO, Mitchell J. Haws, Vice President of Investor Relations.
Skyworks Solutions, Inc., $ 0.56, Cash Dividend, Nov-22-2021
2021-11-06 11:16:00
Skyworks Solutions, Inc., $ 0.56, Cash Dividend, Nov-22-2021
Skyworks Solutions, Inc. Declares Cash Dividend, Payable on December 14, 2021
2021-11-04 20:02:00
Skyworks Solutions, Inc. declared a cash dividend of $0.56 per share of the Company’s common stock, payable on December 14, 2021, to stockholders of record at the close of business on November 23, 2021.
Skyworks Solutions, Inc. Provides Revenue Guidance for the First Fiscal Quarter 2022
2021-11-04 20:02:00
Skyworks Solutions, Inc. provided revenue guidance for the First Fiscal Quarter 2022. For the quarter, the company expects revenue to be between $1.475 billion and $1.525 billion.
Skyworks Solutions, Inc. to Report Q4, 2021 Results on Nov 04, 2021
2021-10-21 12:01:00
Skyworks Solutions, Inc. announced that they will report Q4, 2021 results After-Market on Nov 04, 2021
Skyworks Solutions, Inc., Q4 2021 Earnings Call, Nov 04, 2021
2021-10-21 12:01:00
Skyworks Solutions, Inc., Q4 2021 Earnings Call, Nov 04, 2021
Skyworks Solutions, Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Nov-30-2021
2021-10-07 17:42:00
Skyworks Solutions, Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Nov-30-2021 . Speakers: Mitchell J. Haws, Vice President of Investor Relations.
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021
2021-10-07 09:16:00
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021.
New Street Research LLP, The Boston Consulting Group, Inc., New Street Research and BCG 5G Conference, Nov 15, 2021 through Nov 16, 2021
2021-10-07 06:06:00
New Street Research LLP, The Boston Consulting Group, Inc., New Street Research and BCG 5G Conference, Nov 15, 2021 through Nov 16, 2021.
Raymond James & Associates, Inc., Raymond James Virtual Technology Investors Conference 2021, Dec 06, 2021 through Dec 08, 2021
2021-09-16 22:54:00
Raymond James & Associates, Inc., Raymond James Virtual Technology Investors Conference 2021, Dec 06, 2021 through Dec 08, 2021.
Skyworks Solutions, Inc. Presents at Piper Sandler 2021 Virtual Global Technology Conference, Sep-13-2021 04:30 PM
2021-09-02 12:01:00
Skyworks Solutions, Inc. Presents at Piper Sandler 2021 Virtual Global Technology Conference, Sep-13-2021 04:30 PM.
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021
2021-08-25 17:29:00
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021. Venue: New York, United States.
Skyworks Solutions, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 03:00 PM
2021-08-21 01:06:00
Skyworks Solutions, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 03:00 PM. Speakers: Kris Sennesael, Senior VP & CFO.
Skyworks Solutions, Inc., $ 0.56, Cash Dividend, Aug-16-2021
2021-07-30 22:23:00
Skyworks Solutions, Inc., $ 0.56, Cash Dividend, Aug-16-2021
Tranche Update on Skyworks Solutions, Inc. (NasdaqGS:SWKS)'s Equity Buyback Plan announced on January 28, 2021.
2021-07-30 10:04:00
From April 3, 2021 to July 2, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 0 shares, representing 0% for $0 million under the buyback announced on January 28, 2021.
Skyworks Declares Quarterly Dividend, Payable on September 7, 2021
2021-07-29 20:01:00
Skyworks’ Board of Directors has declared a cash dividend of $0.56 per share of the Company’s common stock, representing a 12% increase from the prior quarterly dividend of $0.50 per share. The dividend is payable on September 7, 2021, to stockholders of record at the close of business on August 17, 2021.
Skyworks Solutions, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021
2021-07-29 20:01:00
Skyworks Solutions, Inc. provided earnings guidance for the fourth quarter of 2021. For the period, the company anticipates revenue to be between $1.270 billion and $1.330 billion, representing revenue growth of 36%.
Skyworks Solutions, Inc. (NasdaqGS:SWKS) completed the acquisition of Infrastructure & Automotive (I&A) business from Silicon Laboratories Inc. (NasdaqGS:SLAB).
2021-07-26 00:00:00
Skyworks Solutions, Inc. (NasdaqGS:SWKS) entered into a definitive asset purchase agreement to acquire Infrastructure & Automotive (I&A) business from Silicon Laboratories Inc. (NasdaqGS:SLAB) for $2.8 billion on April 22, 2021. The transaction includes Silicon Labs’ power/isolation, timing and broadcast products, intellectual property and associated employees. Silicon Labs and Skyworks will collaborate to ensure a seamless transition for customers, suppliers and employees. Skyworks expects to fund the transaction with a combination of cash on hand and committed debt financing arranged by J.P. Morgan. Skyworks Solutions entered into a debt commitment letter dated as of April 22, 2021, with JPMorgan Chase Bank, N.A. pursuant to which, among other things, JPMorgan has committed to provide Skyworks Solutions with a debt financing bridge commitment of up to $2.5 billion in order to finance the transaction. As of May 12, 2021, Skyworks Solutions intends to use the net proceeds of $1.5 billion from public offering and term loan facility of $1 billion to finance the cash consideration for its acquisition Infrastructure & Automotive (I&A) business of Silicon Laboratories Inc. Mark Thompson, senior vice president of Silicon Labs and general manager of the Infrastructure & Automotive business, will join Skyworks as part of the transaction, reporting directly to Liam K. Griffin, president and chief executive officer of Skyworks. In addition, approximately 350 employees, including the senior management team of the business, are expected to join Skyworks upon completion of the transaction. For the year ended December 31, 2020, Infrastructure & Automotive (I&A) business had revenue of $375 million. The transaction is subject to customary closing conditions including and among other things, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, as of the closing date, the Employment Agreements with at least three of the Key Employees will be in full force and effect and regulatory approvals in various jurisdictions. As of June 7, 2021 the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired in connection with the previously announced Asset Purchase Agreement. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the Asset Purchase. The closing of the Asset Purchase remains subject to the satisfaction or waiver of the remaining conditions to the closing of the Asset Purchase set forth in the Purchase Agreement. The company does not believe this transaction will require regulatory approval in China. The boards of directors of both Skyworks Solutions and Silicon Laboratories have approved the transaction. The transaction is expected to close in the third quarter of 2021. Silicon Labs expects to receive an estimated $2.3 billion in net proceeds after taxes and transaction fees. The company intends to return approximately $2.0 billion to shareholders through a combination of special dividends and/or share repurchases after the transaction closes. The proceeds provide an ideal opportunity for Silicon Labs to return value directly to its shareholders, while also increasing the ability to fully participate in the strong, expected IoT market growth. Skyworks expects the transaction to be immediately accretive and to accelerate the path to Skyworks achieving its target financial model. Qatalyst Partners served as the exclusive financial advisor to Silicon Labs and Philip Russell and D. Joseph Fore of DLA Piper served as the company’s legal advisor. Matthews South is serving as capital markets advisor. Drago Rajkovic, Pankaj Goel and Ilean Chau of JP Morgan is acting as the exclusive financial advisor to Skyworks and Jonn Beeson, Randi Lesnick and Joseph Melnik of Jones Day is acting as legal advisor, with Steptoe & Johnson advising on certain legal matters. Skyworks Solutions, Inc. (NasdaqGS:SWKS) completed the acquisition of Infrastructure & Automotive (I&A) business from Silicon Laboratories Inc. (NasdaqGS:SLAB) on July 26, 2021.
Skyworks Solutions, Inc. to Report Q3, 2021 Results on Jul 29, 2021
2021-07-14 12:01:00
Skyworks Solutions, Inc. announced that they will report Q3, 2021 results After-Market on Jul 29, 2021
Skyworks Solutions, Inc., Q3 2021 Earnings Call, Jul 29, 2021
2021-07-14 12:01:00
Skyworks Solutions, Inc., Q3 2021 Earnings Call, Jul 29, 2021
BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021
2021-07-14 05:10:00
BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021.
Fundamental Summary
Skyworks's recently released results from Q1 indicate that Skyworks is performing reasonably well and on par with its peers. It is highly likely that it will be mostly tethered to market performance and sector movements for the near term. Therefore, Skyworks received an overall score of 70, translating into a HOLD ranking.
Skyworks reported earnings results for the second quarter and six months ended April 01, 2022. For the second quarter, the company reported sales was USD 1,335.6 million compared to USD 1,171.8 million a year ago. Net income was USD 305.8 million compared to USD 325 million a year ago. Basic earnings per share from continuing operations was USD 1.87 compared to USD 1.97 a year ago. Diluted earnings per share from continuing operations was USD 1.86 compared to USD 1.95 a year ago.For the six months, sales was USD 2,846 million compared to USD 2,681.8 million a year ago. Net income was USD 705.7 million compared to USD 834.3 million a year ago. Basic earnings per share from continuing operations was USD 4.29 compared to USD 5.05 a year ago. Diluted earnings per share from continuing operations was USD 4.27 compared to USD 5 a year ago.
Business Description
Skyworks, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, timing devices, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for use in the aerospace, automotive, broadband, cellular infrastructure, connected home, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. The company was incorporated in 1962 and is headquartered in Irvine, California.
Sector Overview
Skyworks 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. Skyworks'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.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 27.7 | -2.9% | 63 | |
| Net Cashflow | -403.5 | -255.7% | 78 | |
| Capital Expenditure | -600.5 | 2.3% | 79 | |
| Asset Turnover | 0.7 | 1.7% | 73 | |
| Free Cashflow | 6.2 | -17.2% | 57 |
* All values are TTM
The below chart reflects Skyworks'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 Skyworks's peer average final assessment score stands on 73.0, Skyworks's score is 70.
- SWKS
- Peers average
Technical Analysis
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. Skyworks's stock is now priced above its 5-day, but below its 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 positive setup in the near-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), Skyworks'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 47.
5D MA
95.19
50D MA
105.73
200D MA
139.75
MACD
-3.53
RSI
9.27
STOCH
44.15
Balance Sheet Analysis
Skyworks appears likely to maintain its strong balance sheet metrics and momentum going forward. Skyworks's management was effective in managing the value of the assets on their balance sheet, which now sits at 8511.6 and represents a -1.2% change from the previous report. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. The company's asset component, therefore, received a grade of 77. Also, In terms of liabilities, Skyworks published good numbers. Their reported liabilities were 3323.0, representing a 1.2% change from the previous report. These liabilities changes appear balanced compared to their peers and project the message that management is capable and focused on balancing asset growth, resource allocation, and growing liabilities. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 69. However, one discouraging result, Cash & Equivalents, stood out. Skyworks did a poor job related to managing cash and cash equivalents this period, which stood at 656.4, representing a -25.1% change from the previous filing. This performance is significantly less impressive than its peers and competitors. Its cash and cash equivalents movement, therefore, received a grade of 46. Because its management is doing an excellent job managing these critical metrics, the balance sheet was given a score of 62.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 8,511.6 | -1.2% | 77 |
| Liabilities | 3,323.0 | 1.2% | 69 |
| Price to Book | 3.1 | -36.1% | 52 |
| Cash & Equivalents | 656.4 | -25.1% | 46 |
| Equity | 5,188.6 | -2.7% | 64 |
The below chart describes Skyworks's performance as reflected on its balance sheet with respect to its peers. While Skyworks received a balance sheet score of 62, the average of its peers stands on 73.0.
- SWKS
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 157.9B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 63 | 70 | 87 | 46 | 84 | 76 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 57 | 71 | 96 | 80 | 81 | 82 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 94 | 61 | 78 | 96 | 81 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 59 | 56 | 54 | 62 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 71 | 72 | 64 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 62 | 80 | 66 | 65 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 62.4B | 73 | 77 | 59 | 51 | 45 | 59 | 9 | 1 |
| KLA Corporation | 50.5B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 72 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 65 | 84 | 76 | 72 | 65 | 78 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 81 | 66 | 73 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 74 | 69 | 77 | 88 | 82 | 81 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 85 | 65 | 75 | 92 | 80 | 84 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 77 | 62 | 77 | 96 | 86 | 82 | 17 | 1 |
| Teradyne, Inc. | 15.7B | 48 | 81 | 63 | 45 | 47 | 51 | 18 | 1 |
| Entegris, Inc. | 14.2B | 62 | 71 | 75 | 55 | 79 | 70 | 19 | 1 |
| Qorvo, Inc. | 10.6B | 64 | 83 | 64 | 67 | 55 | 67 | 20 | 1 |
| First Solar, Inc. | 7.5B | 77 | 70 | 50 | 58 | 57 | 58 | 21 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 53 | 79 | 79 | 60 | 64 | 68 | 22 | 1 |
| MKS Instruments, Inc. | 6.0B | 59 | 74 | 72 | 76 | 72 | 70 | 23 | 1 |
| Universal Display Corporation | 5.4B | 57 | 76 | 83 | 85 | 70 | 75 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 60 | 45 | 47 | 71 | 25 | 1 |
| CMC Materials, Inc. | 5.2B | 65 | 79 | 73 | 87 | 82 | 80 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 57 | 65 | 27 | 1 |
| Synaptics Incorporated | 5.1B | 71 | 71 | 78 | 92 | 76 | 81 | 28 | 1 |
| Power Integrations, Inc. | 4.5B | 55 | 82 | 59 | 79 | 56 | 61 | 29 | 1 |
| Amkor Technology, Inc. | 4.3B | 70 | 68 | 75 | 74 | 77 | 74 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 74 | 86 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 68 | 69 | 74 | 80 | 76 | 74 | 32 | 1 |
| Semtech Corporation | 3.6B | 58 | 79 | 68 | 67 | 64 | 67 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 64 | 75 | 74 | 38 | 75 | 69 | 34 | 1 |
| SunPower Corporation | 3.2B | 72 | 81 | 42 | 83 | 53 | 61 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 83 | 36 | 1 |
| Diodes Incorporated | 3.1B | 46 | 78 | 71 | 51 | 72 | 61 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 40 | 85 | 60 | 40 | 47 | 54 | 38 | 1 |
| Nova Ltd. | 2.8B | 86 | 45 | 76 | 48 | 82 | 61 | 39 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 75 | 76 | 40 | 1 |
| Ambarella, Inc. | 2.7B | 45 | 75 | 74 | 86 | 65 | 63 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 45 | 83 | 61 | 76 | 56 | 57 | 42 | 1 |
| Rambus Inc. | 2.4B | 43 | 82 | 41 | 95 | 54 | 48 | 43 | 1 |
| Canadian Solar Inc. | 2.2B | 91 | 54 | 59 | 62 | 62 | 58 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 85 | 71 | 74 | 81 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 77 | 79 | 86 | 88 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 47 | 1 |
| Impinj, Inc. | 1.4B | 62 | 68 | 78 | 39 | 92 | 72 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 55 | 78 | 68 | 48 | 68 | 63 | 49 | 1 |
| Cohu, Inc. | 1.4B | 52 | 82 | 57 | 59 | 59 | 57 | 50 | 1 |
| Photronics, Inc. | 1.3B | 53 | 85 | 66 | 76 | 66 | 68 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 90 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 72 | 41 | 78 | 47 | 58 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 89 | 64 | 67 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 813.0M | 54 | 81 | 64 | 90 | 51 | 62 | 55 | 1 |
| CEVA, Inc. | 804.5M | 82 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 789.3M | 59 | 76 | 65 | 38 | 63 | 59 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 89 | 61 | 39 | 97 | 55 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 96 | 63 | 58 | 97 | 56 | 73 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 92 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.8B | 57 | 67 | 65 | 73 | 64 | 58 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 84 | 71 | 67 | 72 | 73 | 77 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 87 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 49 | 54 | 72 | 56 | 56 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 37 | 80 | 80 | 62 | 80 | 67 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 94 | 62 | 85 | 99 | 98 | 98 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 51 | 78 | 42 | 41 | 51 | 41 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 66 | 77 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 92 | 70 | 66 | 45 | 73 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 48 | 82 | 40 | 37 | 52 | 41 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 71 | 66 | 72 | 64 | 86 | 74 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 41 | 87 | 39 | 47 | 55 | 45 | 80 | 1 |
Income Statement Analysis
Skyworks seems to be balancing strong EBITDA and Revenue Efficiency along with an overall impressive positive income statement. Skyworks reported impressive EBITDA this period. At filing, EBITDA was reported as 2113.3, representing 3.6% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. Therefore, its EBITDA component earned a score of 70. Also, Skyworks's financials reveal an interesting trend for their revenue efficiency. This parameter often affects companies in the same industry and market capitalization by up to 18.5%. Their revenue efficiency, specifically in contrast to their industry peers', should support a positive movement in the company's stock price. Consequently, their revenue efficiency received a grade of 69. On the other hand, Return Factors, jumped out as looking problematic. Return factors metrics and ratios were disappointing in this report. Skyworks reported a return on equity (ROE) ratio of 27.7, representing a change of -2.9% from the last report.change of -2.9% from the previous period. This metric might have a 3.1 percent impact on companies in the same industry and with the same market capitalization. The company's return factor metrics return on equity and return on assets are even more concerning when compared to their peers. Therefore, their return factors component earned a score of 63. their income statement received an overall score of 70.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 2,113.3 | 3.6% | 70 |
| Total Revenues | 5,273.3 | 3.2% | 69 |
| Return on Equity | 27.7 | -2.9% | 63 |
The below chart describes Skyworks's performance as reflected on its income statement with respect to its peers. While Skyworks received a income statement score of 70 , the average of its peers stands on 70.0.
- SWKS
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 46 | 83 | 68 | 63 | 0 | 1 |
| Intel Corporation | 157.9B | 90 | 55 | 73 | 76 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 69 | 78 | 71 | 74 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 48 | 87 | 79 | 66 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 40 | 91 | 93 | 65 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 59 | 88 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 62.4B | 80 | 63 | 75 | 74 | 9 | 1 |
| KLA Corporation | 50.5B | 56 | 77 | 77 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 41 | 89 | 88 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 50 | 93 | 85 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 53 | 92 | 94 | 73 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 45 | 90 | 83 | 66 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 41 | 70 | 48 | 53 | 17 | 1 |
| Teradyne, Inc. | 15.7B | 88 | 57 | 62 | 75 | 18 | 1 |
| Entegris, Inc. | 14.2B | 56 | 80 | 80 | 69 | 19 | 1 |
| Qorvo, Inc. | 10.6B | 76 | 65 | 63 | 71 | 20 | 1 |
| First Solar, Inc. | 7.5B | 98 | 43 | 40 | 73 | 21 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 54 | 88 | 89 | 71 | 22 | 1 |
| MKS Instruments, Inc. | 6.0B | 78 | 66 | 65 | 74 | 23 | 1 |
| Universal Display Corporation | 5.4B | 71 | 63 | 61 | 68 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 25 | 1 |
| CMC Materials, Inc. | 5.2B | 72 | 76 | 93 | 76 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 27 | 1 |
| Synaptics Incorporated | 5.1B | 45 | 91 | 90 | 68 | 28 | 1 |
| Power Integrations, Inc. | 4.5B | 80 | 76 | 83 | 80 | 29 | 1 |
| Amkor Technology, Inc. | 4.3B | 63 | 76 | 77 | 70 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 68 | 48 | 67 | 61 | 32 | 1 |
| Semtech Corporation | 3.6B | 64 | 84 | 87 | 75 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 74 | 77 | 73 | 76 | 34 | 1 |
| SunPower Corporation | 3.2B | 49 | 43 | 72 | 49 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 36 | 1 |
| Diodes Incorporated | 3.1B | 66 | 84 | 86 | 76 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 54 | 83 | 78 | 72 | 38 | 1 |
| Nova Ltd. | 2.8B | 41 | 89 | 78 | 70 | 39 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 40 | 1 |
| Ambarella, Inc. | 2.7B | 56 | 89 | 79 | 71 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 73 | 82 | 85 | 79 | 42 | 1 |
| Rambus Inc. | 2.4B | 48 | 85 | 62 | 64 | 43 | 1 |
| Canadian Solar Inc. | 2.2B | 73 | 76 | 53 | 72 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 63 | 60 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 47 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 52 | 59 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
| Cohu, Inc. | 1.4B | 92 | 53 | 49 | 75 | 50 | 1 |
| Photronics, Inc. | 1.3B | 55 | 86 | 92 | 71 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 48 | 86 | 68 | 65 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 813.0M | 49 | 95 | 89 | 71 | 55 | 1 |
| CEVA, Inc. | 804.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 789.3M | 72 | 60 | 55 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 37 | 96 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.8B | 39 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 38 | 89 | 81 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 88 | 42 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 37 | 47 | 69 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 56 | 45 | 72 | 53 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 92 | 44 | 69 | 73 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 37 | 45 | 70 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 51 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 97 | 50 | 83 | 79 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 54 | 87 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Skyworks appears likely to maintain its strong cash flow metrics and momentum going forward. Skyworks's published capital expenditures (CapEx) numbers were encouraging and reflected management's balanced change strategy. Skyworks recorded CapEx of -600.5, which represents 2.3% change from the previous report. This performance is all the more impressive relative to their peers and competitors. Therefore, its CapEx movement component earned a score of 79. Also, Skyworks's management was effective in improving their net cash flow, which now sits at -403.5 and represents a -255.7% change from the previous report. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. The company's net cash flow, therefore, received a grade of 78. However, one discouraging result, Free Cash flow, stood out. Skyworks did a poor job related to generating and maintaining strong free cash flow this period, which stood at 6.2, representing a -17.2% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. These free cash flow numbers show that management has not been executing well in generating critical cash flow while also encouraging growth. Its free cash flow movement, therefore, received a grade of 57. Consequently, its cash flow earned a score of 71.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -403.5 | -255.7% | 78 |
| Capital Expenditure | -600.5 | 2.3% | 79 |
| Asset Turnover | 0.7 | 1.7% | 73 |
| Free Cashflow | 6.2 | -17.2% | 57 |
The below chart describes Skyworks's performance as reflected on its cash flow with respect to its peers. While Skyworks received a cash flow score of 71, the average of its peers stands on 69.0.
- SWKS
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 157.9B | 57 | 72 | 68 | 53 | 58 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 74 | 74 | 63 | 69 | 70 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 65 | 65 | 70 | 87 | 77 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 74 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 62.4B | 72 | 60 | 56 | 75 | 68 | 9 | 1 |
| KLA Corporation | 50.5B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 54 | 86 | 45 | 64 | 64 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 84 | 78 | 59 | 75 | 77 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 46 | 38 | 55 | 52 | 43 | 17 | 1 |
| Teradyne, Inc. | 15.7B | 75 | 65 | 66 | 68 | 68 | 18 | 1 |
| Entegris, Inc. | 14.2B | 60 | 57 | 50 | 77 | 65 | 19 | 1 |
| Qorvo, Inc. | 10.6B | 78 | 65 | 87 | 71 | 73 | 20 | 1 |
| First Solar, Inc. | 7.5B | 46 | 84 | 56 | 46 | 53 | 21 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 79 | 77 | 43 | 82 | 77 | 22 | 1 |
| MKS Instruments, Inc. | 6.0B | 58 | 58 | 92 | 56 | 59 | 23 | 1 |
| Universal Display Corporation | 5.4B | 74 | 81 | 68 | 65 | 71 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 70 | 89 | 81 | 88 | 86 | 25 | 1 |
| CMC Materials, Inc. | 5.2B | 72 | 66 | 68 | 80 | 75 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 58 | 68 | 27 | 1 |
| Synaptics Incorporated | 5.1B | 85 | 62 | 98 | 55 | 67 | 28 | 1 |
| Power Integrations, Inc. | 4.5B | 88 | 77 | 64 | 82 | 82 | 29 | 1 |
| Amkor Technology, Inc. | 4.3B | 46 | 57 | 61 | 71 | 60 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 91 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 56 | 56 | 77 | 56 | 56 | 32 | 1 |
| Semtech Corporation | 3.6B | 79 | 78 | 58 | 79 | 78 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 46 | 78 | 54 | 78 | 69 | 34 | 1 |
| SunPower Corporation | 3.2B | 84 | 41 | 39 | 93 | 74 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 68 | 36 | 1 |
| Diodes Incorporated | 3.1B | 77 | 61 | 52 | 80 | 72 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 63 | 53 | 46 | 85 | 61 | 38 | 1 |
| Nova Ltd. | 2.8B | 58 | 53 | 39 | 56 | 54 | 39 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 40 | 1 |
| Ambarella, Inc. | 2.7B | 84 | 95 | 45 | 75 | 80 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 93 | 81 | 83 | 74 | 83 | 42 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 89 | 90 | 43 | 1 |
| Canadian Solar Inc. | 2.2B | 69 | 70 | 74 | 68 | 71 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 85 | 82 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 79 | 67 | 47 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 62 | 49 | 1 |
| Cohu, Inc. | 1.4B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
| Photronics, Inc. | 1.3B | 65 | 92 | 96 | 79 | 83 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 47 | 85 | 95 | 54 | 62 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 73 | 82 | 48 | 69 | 71 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 49 | 64 | 45 | 59 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 813.0M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 804.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 789.3M | 51 | 37 | 87 | 71 | 59 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 89 | 77 | 64 | 40 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.8B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 95 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 67 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 62 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 50 | 63 | 67 | 87 | 72 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 48 | 76 | 51 | 60 | 58 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 53 | 89 | 90 | 46 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 80 | 72 | 66 | 46 | 59 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 49 | 74 | 89 | 78 | 72 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 81 | 87 | 96 | 94 | 88 | 80 | 1 |
This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.