ON Semiconductor Corporation (ON) Report Analysis
Corporate Events
ON Semiconductor Corporation(NasdaqGS:ON) dropped from Russell 2500 Growth Index
2022-06-24 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) dropped from Russell 2500 Growth Index
ON Semiconductor Corporation(NasdaqGS:ON) dropped from Russell 2500 Value Index
2022-06-24 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) dropped from Russell 2500 Value Index
ON Semiconductor Corporation(NasdaqGS:ON) dropped from Russell 2500 Index
2022-06-24 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) dropped from Russell 2500 Index
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Ex-Financials, Real Estate, Utilities and Transportation Index
2022-06-21 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Ex-Financials, Real Estate, Utilities and Transportation Index
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P Global 1200
2022-06-20 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P Global 1200
ON Semiconductor Corporation - Special Call
2022-06-14 20:56:00
ON Semiconductor Corporation - Special Call
ON Semiconductor Corporation Presents at Sensors Converge 2022, Jun-27-2022 09:00 AM
2022-06-11 11:55:00
ON Semiconductor Corporation Presents at Sensors Converge 2022, Jun-27-2022 09:00 AM. Venue: San Jose Convention Center, San Jose, California, United States. Speakers: Tejashree Chaudhari, Senior Applications Engineer.
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 EQUAL WEIGHTED
2022-06-10 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 EQUAL WEIGHTED
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500
2022-06-09 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P Composite 1500
2022-06-09 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P Composite 1500
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Growth
2022-06-09 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Growth
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Value
2022-06-09 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Value
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Information Technology (Sector)
2022-06-09 00:00:00
ON Semiconductor Corporation(NasdaqGS:ON) added to S&P 500 Information Technology (Sector)
Diodes Incorporated (NasdaqGS : DIOD) completed the acquisition of South Portland, Maine Wafer Fabrication Facility and Operations of ON Semiconductor Corporation (NasdaqGS : ON).
2022-06-03 00:00:00
Diodes Incorporated (NasdaqGS : DIOD) agreed to acquire South Portland, Maine Wafer Fabrication Facility and Operations of ON Semiconductor Corporation (NasdaqGS : ON) on February 28, 2022. Following the closing of the transaction, Diodes will integrate the South Portland Facility as well as its operations and employees. The closing of the South Portland Facility transaction is subject to customary closing conditions and is expected to be completed in the second quarter of 2022. As of May 9, 2022, transaction is expected to close at the end of May 2022 or in June 2022. Robert Cardone, Ryan Bray, Gillian Moldowan, Jordan Altman, and Ben Gris of Shearman & Sterling LLP served as legal advisor to Diodes Incorporated. Morrison & Foerster acted legal advisor to ON Semiconductor. Diodes Incorporated (NasdaqGS : DIOD) completed the acquisition of South Portland, Maine Wafer Fabrication Facility and Operations of ON Semiconductor Corporation (NasdaqGS : ON) on June 3, 2022.
ON Semiconductor Corporation Announces Executive Changes
2022-06-02 20:16:00
On May 27, 2022 (the “ Effective Date”), Vincent C. Hopkin, Executive Vice President and General Manager, Advanced Solutions Group for ON Semiconductor Corporation, informed the Company’s Board of Directors of his intention to step down from his officer positions with onsemi, effective immediately, and will retire from all positions with onsemi effective July 31, 2022 (the “ Retirement Date”). Robert Tong, a Senior Vice President and direct report of Mr. Hopkin who has served as General Manager of the Mobile, Computing and Cloud Division of ASG since 2019, will assume Mr. Hopkin’s duties as the senior officer in charge of ASG effective as of the Effective Date. Mr. Tong joined onsemi in 2008 through its acquisition of AMI Semiconductor, where he served as senior vice president of its medical division. Prior to AMI Semiconductor, he was the president and CEO of Dspfactory. Upon his retirement, Mr. Hopkin will be entitled to receive the retirement-related benefits and compensation previously disclosed in the Company’s filings with the Securities and Exchange Commission. In addition, the Human Capital and Compensation Committee of the Board approved the acceleration of vesting for the remainder of the time-based restricted stock units granted to him in 2021, effective as of the Effective Date, although those awards will continue to pay out according to their original schedule. All other unvested equity awards held by him, including the entirety of his 2022 equity grant, will be forfeited on the Retirement Date.
ON Semiconductor Corporation - Special Call
2022-06-01 15:27:00
Plan Early to Maximize Bluetooth LE Tag Battery Life
ON Semiconductor Corporation, Designing Silicon Carbide (SiC) based DC Fast Charging System, Jun 01, 2022 through Jul 27, 2022
2022-06-01 00:00:00
ON Semiconductor Corporation, Designing Silicon Carbide (SiC) based DC Fast Charging System, Jun 01, 2022 through Jul 27, 2022.
Questex, LLC, Sensors Converge 2022, Jun 27, 2022 through Jun 29, 2022
2022-05-31 10:50:00
Questex, LLC, Sensors Converge 2022, Jun 27, 2022 through Jun 29, 2022. Venue: San Jose Convention Center, San Jose, California, United States.
ON Semiconductor Corporation Presents at Bank of America 2022 Global Technology Conference, Jun-08-2022 02:20 PM
2022-05-24 07:49:00
ON Semiconductor Corporation Presents at Bank of America 2022 Global Technology Conference, Jun-08-2022 02:20 PM. Venue: Ritz Carlton, San Francisco, California, United States. Speakers: Hassane S. El-Khoury, President, CEO & Director, Parag Agarwal, Vice President of Investor Relations & Corporate Development, Thad Trent, Executive VP, CFO & Treasurer.
NIO Inc. Selects High-Efficiency Silicon Carbide Traction Power Modules from onsemi
2022-05-11 10:00:00
onsemi announced that NIO Inc. chose the new VE-Trac™ Direct SiC power modules from onsemi for its next-generation electric vehicles (EVs). The silicon carbide (SiC)-based power modules enable long range, high efficiency and fast acceleration for EVs. The VE-Trac Direct SiC is an integrated single side direct cooling (SSDC) power module in a six-pack configuration with a low turn on resistance of 1.7 mohm. This platform implements the second generation SiC MOSFET technology from onsemi to achieve new levels of performance, efficiency, and quality while sharing a compatible package footprint with its IGBT predecessor. An integrated pin fin baseplate enables direct liquid cooling and easy assembly which allows maximum power output and more efficient thermal dissipation. The VE-Trac offerings, including previously introduced VE-Trac Dual and VE-Trac Direct platforms, are available in silicon-based IGBT and in SiC with various voltages, and for traction inverter power ranging from 100 to 250 kW. With its standardized mechanical footprints and expanded power ratings, the VE-Trac product family is designed to effortlessly scale EV power outputs, accelerating the adoption of hybrid and battery EVs (BEV). onsemi will showcase its intelligent power and sensing solutions, including VE-Trac platforms, at PCIM Europe 2022 at Messe Nuremberg, Hall 9, Stand 330 from May 10, 2022 to May 12, 2022.
on Semiconductor Corporation Provides Earnings Outlook for the Second Quarter 2022
2022-05-02 12:00:00
ON Semiconductor Corporation provided earnings outlook for the second quarter 2022. For the period, the company expects Revenue of $1,965 to $2,065 million.Diluted Earnings Per Share of $1.13 to $1.25.
ON Semiconductor to Seek Acquisitions
2022-04-28 12:29:00
ON Semiconductor Corporation (NasdaqGS:ON) will look for acquisitions. Thad Trent, Chief Financial Officer said, "Onsemi will make acquisitions that accelerate internal development and are accretive financially".
ON Semiconductor Corporation - Special Call
2022-04-26 20:48:00
ON Semiconductor Corporation - Special Call
ON Semiconductor Corporation - Special Call
2022-04-20 21:26:00
Automotive High Dynamic Range Image Sensors with LED Flicker Mitigation
ON Semiconductor Corporation Presents at Embedded Vision Summit 2022, May-16-2022
2022-04-19 14:15:00
ON Semiconductor Corporation Presents at Embedded Vision Summit 2022, May-16-2022 . Venue: Santa Clara, California, United States. Speakers: Ganesh Narayanaswamy, Sr. Business Marketing Manager, Industrial & Commercial Solutions Division.
ON Semiconductor Corporation to Report Q1, 2022 Results on May 02, 2022
2022-04-14 22:59:00
ON Semiconductor Corporation announced that they will report Q1, 2022 results Pre-Market on May 02, 2022
ON Semiconductor Corporation, Q1 2022 Earnings Call, May 02, 2022
2022-04-14 22:59:00
ON Semiconductor Corporation, Q1 2022 Earnings Call, May 02, 2022
ON Semiconductor Corporation, Annual General Meeting, May 26, 2022
2022-04-06 13:04:00
ON Semiconductor Corporation, Annual General Meeting, May 26, 2022, at 08:00 US Mountain Standard Time. Location: 5005 East McDowell Road Phoenix, Arizona 85008 Phoenix United States Agenda: To elect ten directors nominated by company's Board of Directors; to vote on an advisory (non-binding) resolution to approve the compensation of company's named executive officers; to ratify the selection of PricewaterhouseCoopers LLP as company's independent registered public accounting firm for the year ending December 31, 2022; and to transact such other business as may properly come before the meeting and any adjournment or postponement of the meeting.
ON Semiconductor Corporation - Special Call
2022-04-04 02:21:00
To discuss Gallium Nitride - High Performance GaN Devices for High Volume Applications
ON Semiconductor Corporation Presents at AutoSens in Detroit Conference 2022, May-12-2022 11:50 AM
2022-03-30 07:04:00
ON Semiconductor Corporation Presents at AutoSens in Detroit Conference 2022, May-12-2022 11:50 AM. Venue: Michigan Science Center, Detroit, Michigan, United States. Speakers: Sergey Velichko, Senior Manager.
Sense Media Group Ltd, AutoSens in Detroit Conference 2022, May 10, 2022 through May 12, 2022
2022-03-19 17:18:00
Sense Media Group Ltd, AutoSens in Detroit Conference 2022, May 10, 2022 through May 12, 2022. Venue: Michigan Science Center, Detroit, Michigan, United States.
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.
The Smithers Group, Inc., Image Sensors Europe 2022, May 10, 2022 through May 11, 2022
2022-02-22 01:16:00
The Smithers Group, Inc., Image Sensors Europe 2022, May 10, 2022 through May 11, 2022. Venue: London, United Kingdom.
ON Semiconductor Corporation Presents at Image Sensors Europe 2022, May-10-2022
2022-02-22 01:16:00
ON Semiconductor Corporation Presents at Image Sensors Europe 2022, May-10-2022 . Venue: London, United Kingdom.
Tranche Update on ON Semiconductor Corporation (NasdaqGS:ON)'s Equity Buyback Plan announced on November 15, 2018.
2022-02-14 09:20:00
From October 2, 2021 to December 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 11,373,420 shares, representing 2.76% for $208.94 million under the buyback announced on November 15, 2018.
ON Semiconductor Corporation Provides Earnings Guidance for the First Quarter of 2022
2022-02-07 13:00:00
ON Semiconductor Corporation provided earnings guidance for the first quarter of 2022. For the quarter, the company expects revenue of $1,850 million to $1,950 million. The company expects Diluted Earnings Per Share of $0.90 to $1.02.
Edge AI, LLC, Vision Alliance L.P., Embedded Vision Summit 2022, May 16, 2022 through May 19, 2022
2022-02-02 11:58:00
Edge AI, LLC, Vision Alliance L.P., Embedded Vision Summit 2022, May 16, 2022 through May 19, 2022. Venue: Santa Clara, California, United States.
ON Semiconductor Corporation, Q4 2021 Earnings Call, Feb 07, 2022
2022-01-18 22:55:00
ON Semiconductor Corporation, Q4 2021 Earnings Call, Feb 07, 2022
ON Semiconductor Corporation to Report Q4, 2021 Results on Feb 07, 2022
2022-01-18 22:55:00
ON Semiconductor Corporation announced that they will report Q4, 2021 results Pre-Market on Feb 07, 2022
Emotion3d and Onsemi Collaborate on Innovative Driver and Occupant Monitoring System Reference Design
2022-01-04 18:00:00
emotion3D and onsemi announced a joint reference design for driver and occupant monitoring system. By combining driver and occupant monitoring in one camera, this unique design enables multiple safety capabilities and a next-level user experience. This allows automotive OEMs to deploy high-performance, low-cost, next-generation in-cabin imaging solutions that make driving safer and more enjoyable. Based on emotion3D’s CABIN EYE AI software stack and the award-winning AR0820AT 8.3 MP image sensor from onsemi, this new DOMS solution not only replaces the single-task driver monitoring mono/IR camera, but also enables multiple use cases for safety and convenience by employing a single color/IR camera. The high dynamic range of the AR0820AT image sensor handles challenging lighting conditions with ease, and high sensitivity enhances performance in extreme low light conditions, which is perfect for in-cabin applications. The high-resolution camera also enables utilizing a wider field of view for a comprehensive analysis of the in-cabin space, so that multiple use cases can be implemented by Tier 1s and OEMs.
ON Semiconductor Corporation Presents at Credit Suisse 25th Annual Technology Conference, Nov-30-2021 03:40 PM
2021-11-26 05:09:00
ON Semiconductor Corporation Presents at Credit Suisse 25th Annual Technology Conference, Nov-30-2021 03:40 PM. Venue: The Phoenician Hotel, Scottsdale, Arizona, United States. Speakers: Hassane S. El-Khoury, President, CEO & Director, Thad Trent, Executive VP, CFO & Treasurer.
ON Semiconductor Corporation Provides Earnings Guidance for the Fourth Quarter of 2021
2021-11-01 12:00:00
ON Semiconductor Corporation provided earnings guidance for the fourth quarter of 2021. For the quarter, the company expected revenue to be in the range of $1,740 million to $1,840 million and diluted earnings per share of $0.67 to $0.78.
ON Semiconductor Corporation Presents at 5thPhotonic Integrated Circuits (PIC) International Conference 2021, Nov-09-2021 09:25 AM
2021-10-26 18:41:00
ON Semiconductor Corporation Presents at 5thPhotonic Integrated Circuits (PIC) International Conference 2021, Nov-09-2021 09:25 AM. Venue: Brussels, Belgium. Speakers: BAHMAN HADJI, Director of Business Development in the Automotive Sensing Division.
Angel Business Communications Limited, 5thPhotonic Integrated Circuits (PIC) International Conference 2021, Nov 09, 2021 through Nov 10, 2021
2021-10-26 12:31:00
Angel Business Communications Limited, 5thPhotonic Integrated Circuits (PIC) International Conference 2021, Nov 09, 2021 through Nov 10, 2021. Venue: Brussels, Belgium.
ON Semiconductor Reportedly Mulls Shedding Quantenna
2021-10-26 09:03:00
ON Semiconductor Corporation (NasdaqGS:ON) has been discussing over the past few months a potential sale of the assets that joined its portfolio after the 2019 acquisition of Quantenna Communications, Inc., Bloomberg reported, citing insiders. The owner has already tapped an adviser to help it in the process but it has not made a final decision for an exit yet, according to insiders cited by the news agency.
ON Semiconductor Corporation to Report Q3, 2021 Results on Nov 01, 2021
2021-10-14 23:18:00
ON Semiconductor Corporation announced that they will report Q3, 2021 results Pre-Market on Nov 01, 2021
ON Semiconductor Corporation, Q3 2021 Earnings Call, Nov 01, 2021
2021-10-14 23:18:00
ON Semiconductor Corporation, Q3 2021 Earnings Call, Nov 01, 2021
ON Semiconductor Corporation Presents at Broadband World Forum, Oct-14-2021 01:10 PM
2021-10-11 07:03:00
ON Semiconductor Corporation Presents at Broadband World Forum, Oct-14-2021 01:10 PM. Venue: RAI, Amsterdam, Netherlands. Speakers: Irvind Ghai.
onsemi 8.3 MP Image Sensor Delivers Best-in-Class Dynamic Range in Challenging Lighting Conditions
2021-10-05 22:00:00
onsemi announced the availability of a new 1/1.7 inch 8.3 MP CMOS digital image sensor with rolling shutter and embedded High Dynamic Range (eHDR) technology. The AR0821CS meets the diverse needs of commercial, consumer and industrial applications by providing superior image quality in challenging lighting conditions. These applications include scanners/readers, machine vision cameras, high-end drones, dashboard cameras, and smart building surveillance/security systems. With an array of versatile features, the AR0821CS delivers 4K video with 8.3 MP resolution at 60 fps while consuming very low power. The advanced sensor includes a 2.1 µm DR-Pix™ backside illuminated (BSI) pixel design exclusive to onsemi, which enables high quantum efficiency, as well as on-chip HDR (eHDR) technology that delivers best-in-class dynamic range in excess of 140 dB. The high quality image data minimizes processing needs, resulting in a faster and more cost effective camera system. More applications now rely on image data to make informed decisions. The superior pixel design of the AR0821CS addresses these demands by delivering detailed images even in bright daylight or low light conditions. With multiple subsampling modes, the AR0821CS optimizes the amount of data transmitted to provide images at a faster rate as needed by the intended application. The AR0821CS is supported by the AP1302 co-processor and by image signal processor (ISP) and system-on-chip (SoC) devices from onsemi technology partners. Further, the industry-renowned DevSuite software provides an integrated platform to develop AR0821CS-based camera systems. Within the DevSuite software, onsemi provides custom firmware to enable system developers to complete their camera designs with minimal effort and bring their products to market quickly.
Informa plc, Broadband World Forum, Oct 11, 2021 through Oct 15, 2021
2021-10-04 08:22:00
Informa plc, Broadband World Forum, Oct 11, 2021 through Oct 15, 2021. Venue: RAI, Amsterdam, Netherlands. Broadband World Forum is the go-to-event for the broadband access community, showcasing cable, fiber, DSL, satellite, FWA and more. Industry leaders will provide attendees insights into new technologies and strategies driving the broadband industry. Show attendees also can experience tech tours on the show floor and participate in analyst-led discussions.
Low Power Asset Tag from Onsemi Brings Unmatched Five-Year Battery Life to Industrial Asset Management
2021-09-15 13:30:00
onsemi announced a new system solution that overcomes the main challenges associated with developing asset tracking tags. Battery life has been a major obstacle to asset tag adoption, particularly within industrial sectors where reducing maintenance efforts and associated costs are a primary concern. The RSL10 Asset Tag offers an unprecedented, battery life of up to five years. Until now, the accepted battery life for asset tracking tags or beacons has been just a year or even months. This game-changing battery life is made possible by the low power consumption of the RSL10 Bluetooth® 5 radio SoC and enhancements at the firmware level. Alongside the RSL10, the platform features a 3-axis accelerometer and environmental sensors (motion, pressure and temperature) to provide valuable data and insights into an asset’s environment, condition and orientation. Each sensor is powered through a dedicated MOSFET load switch, controlled by the RSL10. This design enables the overall system power consumption to be controlled on a per-sensor basis, which decreases the total power used. Additional features of the platform include a low-cost antenna, matching circuit optimized for Bluetooth Low Energy transmissions, a multi-purpose dome switch and a 10-pin debugger that can be removed depending on the needs of the application.
Ramaxel Selects Intelligent Cloud Power Technologies from Onsemi
2021-09-13 13:00:00
Ramaxel announced that it has selected intelligent cloud power technologies from ON Semiconductor Corporation for its upcoming Intel-based VR13.HC servers. Power requirements are increasing in each successive processor generation. With their broad portfolio of high `performance, high `reliability cloud power solutions, onsemi is well positioned to deliver on such requirements.
ON Semiconductor Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 03:30 PM
2021-09-13 00:00:00
ON Semiconductor Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 03:30 PM.
ON Semiconductor Corporation Presents at 2021 HMG Live! Phoenix CIO Executive Leadership Summit - DIGITAL, Sep-16-2021 11:40 AM
2021-09-09 15:47:00
ON Semiconductor Corporation Presents at 2021 HMG Live! Phoenix CIO Executive Leadership Summit - DIGITAL, Sep-16-2021 11:40 AM. Speakers: Rich Phillips, Senior Principal Security Architect.
ON Semiconductor Corporation Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021 11:50 AM
2021-09-09 00:00:00
ON Semiconductor Corporation Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021 11:50 AM.
ON Semiconductor Corporation Presents at 30th annual SWTest conference and expo, Aug-31-2021 08:30 AM
2021-08-23 12:44:00
ON Semiconductor Corporation Presents at 30th annual SWTest conference and expo, Aug-31-2021 08:30 AM. Venue: San Diego, California, United States. Speakers: Hans Stork, Senior Vice President and CTO.
Technoprobe S.p.A., 30th annual SWTest conference and expo, Aug 30, 2021 through Sep 01, 2021
2021-08-23 12:15:00
Technoprobe S.p.A., 30th annual SWTest conference and expo, Aug 30, 2021 through Sep 01, 2021. Venue: San Diego, California, United States.
ON Semiconductor Corporation has Changed its Name to onsemi
2021-08-05 20:05:00
ON Semiconductor Corporation changed its name to onsemi.
On Semiconductor to Seek Acquisitions
2021-08-05 18:00:00
ON Semiconductor Corporation (NasdaqGS:ON) will look for acquisitions. Thad Trent said "we'll look at M&A that is adjacent and complementary to what we're doing today, or it accelerates an initiative that we have going on inside. And all of our M&A activities will be accretive to our financial model. And then we'll maintain the financial flexibility to support both of those initiatives above".
ON Semiconductor Corporation Provides Earnings Guidance for the Third Quarter of 2021
2021-08-02 12:00:00
ON Semiconductor Corporation provided earnings guidance for the third quarter of 2021. For the quarter, the company expected revenue to be in the range of $1,660 million to $1,760 million and diluted earnings per share of $0.53 to $0.63.
Tranche Update on ON Semiconductor Corporation (NasdaqGS:ON)'s Equity Buyback Plan announced on November 15, 2018.
2021-08-02 11:51:00
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 11,373,420 shares, representing 2.76% for $208.94 million under the buyback announced on November 15, 2018.
ON Semiconductor Corporation has filed a Shelf Registration in the amount of $878.85 million.
2021-08-02 00:00:00
ON Semiconductor Corporation has filed a Shelf Registration in the amount of $878.85 million. Security Name: Common Stock Securities Offered: 22,500,000 Transaction Features: ESOP Related Offering
ON Semiconductor Corporation has filed a Shelf Registration in the amount of $234.36 million.
2021-08-02 00:00:00
ON Semiconductor Corporation has filed a Shelf Registration in the amount of $234.36 million. Security Name: Common Stock Securities Offered: 6,000,000 Transaction Features: ESOP Related Offering
ON Semiconductor 16 Mp XGS Sensor Brings High Quality, Low Power Imaging to Factory Automation and Intelligent Transportation Systems (ITS)
2021-07-27 13:05:00
ON Semiconductor introduced the latest addition to the XGS series of CMOS image sensors. The XGS 16000 is a 16 Megapixel (Mp) sensor that provides high quality, global shutter imaging for factory automation applications including robotics and inspection systems. Consuming only 1 Watt at 65 frames per second (fps), the XGS 16000 delivers exceptional performance at low power. This makes the XGS 16000 one of the best in class for power consumption, while also offering one of the resolutions available for standard 29 x 29 mm industrial cameras. The XGS 16000 shares a common architecture and footprint with other XGS CMOS image sensors. This enables manufacturers to use a single camera design to develop products in different resolutions. Supporting up to 65 frames per second readout at full resolution, the sensor is available in various speed grades, all with Bayer color or monochrome options. Developers of camera systems used in intelligent transportation systems, machine vision inspection and industrial automation applications will benefit from the high resolution and high frame rate of the XGS 16000. ON Semiconductor’s global shutter pixel technology addresses the limitations associated with rolling shutter pixels in these applications. Artifacts such as motion blur and distortion are avoidable using a global shutter approach. This is increasingly important in automation, inspection, and identification applications. Toshiba Teli, specializing in the development and manufacturing of high-performance cameras that meet the application specific requirements of key market segments including machine vision, medical imaging and security, has integrated the XGS 16000 into its new 16 Mp industrial camera. The DDU1607MG/MC can deliver 16 Mp monochrome and color resolution at over 47 fps with a unique technology of DUAL USB3 interface. The XGS 16000 is designed in a unique 1:1 square aspect ratio, which helps maximize the image capture area within the optical circle of the camera lens and ensure optimal light sensitivity. Because of this design, the sensor is compatible with 29 mm2 industry standard camera formats using commercially available C-Mount lenses. This provides optimal use of the available field of view and sensor area for the physical size of the camera.
ON Semiconductor Corporation to Report Q2, 2021 Results on Aug 02, 2021
2021-07-16 13:00:00
ON Semiconductor Corporation announced that they will report Q2, 2021 results Pre-Market on Aug 02, 2021
ON Semiconductor Corporation, Q2 2021 Earnings Call, Aug 02, 2021
2021-07-16 13:00:00
ON Semiconductor Corporation, Q2 2021 Earnings Call, Aug 02, 2021
ON Semiconductor Intelligent Sensing Technologies Enable 360° Vision in AutoX Gen5 Self-Driving Platform
2021-07-15 00:00:00
ON Semiconductor announced that its image sensing and LiDAR technologies power key functions of AutoX’s Gen5 self-driving platform. Revealed at the World Artificial Intelligence Conference, the new Gen5 autonomous vehicle technology enables the first fully driverless RoboTaxi, designed to democratize autonomy and provide universal access to the transportation of people and goods. AutoX RoboTaxis are equipped with the most advanced camera sensors and LiDAR detectors for the highest level of safety. ON Semiconductor provides 28 high-resolution AR0820AT 8 MP image sensors and four SiPM arrays for LiDAR sensors, providing a full surround view with zero blind spots. AutoX’s complete hardware and software stack for Level 4 autonomous driving can handle the densest and most dynamic traffic conditions, demonstrated by its recognition as the first company to receive a license to operate fully autonomous RoboTaxis in China. AutoX has deployed hundreds of RoboTaxis in Shanghai, Shenzhen, Wuhan and other major Chinese cities. The company also launched its RoboTaxi and RoboDelivery pilot services in California last year.
ON Semiconductor Corporation Presents at China International Semiconductor Executive Summit, Oct-13-2021 09:25 AM
2021-07-12 18:39:00
ON Semiconductor Corporation Presents at China International Semiconductor Executive Summit, Oct-13-2021 09:25 AM. Venue: Grand Kempinksi Hotel Shanghai, 1288 Lujiazui Ring Rd, Lu Jia Zui, Pudong, Shanghai, China. Speakers: Farhar Jahangir, Field Application Director.
Global Business Promotions LTD, China International Semiconductor Executive Summit, Oct 12, 2021 through Oct 13, 2021
2021-07-12 14:18:00
Global Business Promotions LTD, China International Semiconductor Executive Summit, Oct 12, 2021 through Oct 13, 2021. Venue: Grand Kempinksi Hotel Shanghai, 1288 Lujiazui Ring Rd, Lu Jia Zui, Pudong, Shanghai, China.
HMG Strategy, LLC, 2021 HMG Live! Phoenix CIO Executive Leadership Summit - DIGITAL, Sep 16, 2021
2021-06-30 10:11:00
HMG Strategy, LLC, 2021 HMG Live! Phoenix CIO Executive Leadership Summit - DIGITAL, Sep 16, 2021.
Fundamental Summary
At a high level, the metrics from ON Semiconductor's Q1 financial report release were demonstrably positive. Their growth, value, and income factors indicate a well-executed and balanced strategy, which is generating exciting growth. These results lead us to believe that there should be significant upside potential for the stock. We therefore gave ON Semiconductor a total score of 82 out of 100 and a BUY recommendation.
ON Semiconductor reported earnings results for the first quarter ended April 01, 2022. For the first quarter, the company reported sales was USD 1,945 million compared to USD 1,481.7 million a year ago. Net income was USD 530.2 million compared to USD 89.9 million a year ago. Basic earnings per share from continuing operations was USD 1.22 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 1.18 compared to USD 0.2 a year ago.
Business Description
ON Semiconductor provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company operates through three segments the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group segments. It offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, including power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The company also designs and develops analog, mixed-signal, advanced logic, application specific standard product and ASICs, radio frequency, and integrated power solutions for end-users in end-markets, as well as provides foundry and design services for government customers. In addition, it develops complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in various end-markets. ON Semiconductor was incorporated in 1992 and is headquartered in Phoenix, Arizona.
Sector Overview
ON 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. ON 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.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 33.5 | 35.2% | 94 | |
| Net Cashflow | 625.0 | 111.0% | 60 | |
| Capital Expenditure | -537.9 | -12.5% | 55 | |
| Asset Turnover | 0.8 | 3.8% | 74 | |
| Free Cashflow | 3.4 | 11.4% | 79 |
* All values are TTM
The below chart reflects ON 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 ON Semiconductor's peer average final assessment score stands on 74.0, ON Semiconductor's score is 82.
- ON
- 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. ON Semiconductor'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. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), ON 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 52.
5D MA
52.11
50D MA
56.11
200D MA
57.14
MACD
-1.5
RSI
16.62
STOCH
24.65
Balance Sheet Analysis
Overall, ON Semiconductor's critical balance sheet metrics appear to signal strong support and a high likelihood of positive growth going forward. ON Semiconductor did a great job related to cash and cash equivalents this period, which stood at 1645.1, representing a 21.6% change from the previous filing. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. Consequently, their cash and cash equivalents movement received a grade of 88. Also, ON Semiconductor's price to book ratio (P/B) was reported as 4.6 and represents -28.1% change from the previous report. The company's book value factor metrics are even more remarkable when compared to their peers. Therefore, its book value factors earned a score of 82. That said, one metric, Assets, stood out as particularly concerning. Mediocre performance in terms of assets could drop the bar on expectations for ON Semiconductor's future attractiveness, as they changed to 10212.4 in the latest filing. This works out to a 6.1% change from the last period. The lack of good news about assets momentum should be a cause for concern and is often met with downward pressure on the company's stock price. Its asset component, therefore, received a grade of 69. Therefore, its balance sheet earned a grade of 81.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 10,212.4 | 6.1% | 69 |
| Liabilities | 5,194.4 | 3.4% | 74 |
| Price to Book | 4.6 | -28.1% | 82 |
| Cash & Equivalents | 1,645.1 | 21.6% | 88 |
| Equity | 4,998.2 | 9.0% | 77 |
The below chart describes ON Semiconductor's performance as reflected on its balance sheet with respect to its peers. While ON Semiconductor received a balance sheet score of 81, the average of its peers stands on 73.0.
- ON
- 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 |
| Monolithic Power Systems, Inc. | 19.4B | 85 | 65 | 75 | 92 | 80 | 84 | 15 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 77 | 62 | 77 | 96 | 86 | 82 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 77 | 64 | 46 | 52 | 62 | 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
Return Factors and EBITDA stand out as the most significant drivers of ON Semiconductor's income statement's strength. Return factors metrics and ratios were exceptional in this report. ON Semiconductor reported a return on equity (ROE) ratio of 33.5, representing a change of 35.2% from the last report. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their return factors received a grade of 94. Also, ON Semiconductor reported impressive EBITDA this period. At filing, EBITDA was reported as 2495.5, representing 23.1% 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 92. That said, one metric, Revenue Efficiency, stood out as particularly concerning. ON Semiconductor reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 7203.1 and represented 6.9% 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. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. As a result, their revenue efficiency earned a score of 53. Therefore, it received a score of 73.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 2,495.5 | 23.1% | 92 |
| Total Revenues | 7,203.1 | 6.9% | 53 |
| Return on Equity | 33.5 | 35.2% | 94 |
The below chart describes ON Semiconductor's performance as reflected on its income statement with respect to its peers. While ON Semiconductor received a income statement score of 73 , the average of its peers stands on 70.0.
- ON
- 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 |
| Monolithic Power Systems, Inc. | 19.4B | 45 | 90 | 83 | 66 | 15 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 41 | 70 | 48 | 53 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 70 | 63 | 70 | 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
ON Semiconductor appears likely to maintain its strong cash flow metrics and momentum going forward. ON Semiconductor did a great job related to free cash flow this period, which stood at 3.4, representing a 11.4% 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 executed well while generating cash flow and encouraging growth. The company's free cash flow movement, therefore, received a grade of 79. Also, ON Semiconductor's published asset turnover numbers were encouraging and reflected management's balanced change strategy. ON Semiconductor recorded asset turnover of 0.8, which represents a 3.8% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 10.7%. Its asset turnover metrics are especially remarkable relative to their peers. We believe the stock price has room to grow to reflect its intrinsic value accurately. Therefore, its asset turnover movement earned a score of 74. However, one discouraging result, Capital Expenditure, stood out. ON Semiconductor's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -537.9, which represents a -12.5% change from the last period. They appears to be headed in the wrong direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Its CapEx movement, therefore, received a grade of 55. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 70.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | 625.0 | 111.0% | 60 |
| Capital Expenditure | -537.9 | -12.5% | 55 |
| Asset Turnover | 0.8 | 3.8% | 74 |
| Free Cashflow | 3.4 | 11.4% | 79 |
The below chart describes ON Semiconductor's performance as reflected on its cash flow with respect to its peers. While ON Semiconductor received a cash flow score of 70, the average of its peers stands on 69.0.
- ON
- 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 |
| Monolithic Power Systems, Inc. | 19.4B | 84 | 78 | 59 | 75 | 77 | 15 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 46 | 38 | 55 | 52 | 43 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 78 | 57 | 79 | 73 | 71 | 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.