CMC Materials, Inc. (CCMP) Report Analysis
Corporate Events
CMC Materials, Inc. Provides Earnings Guidance for the Fiscal Year of 2022
2022-05-05 00:00:00
CMC Materials, Inc. provided earnings guidance for the fiscal year of 2022. For the year, the company expects Net income of $107,000,000 - $131,000,000.
CMC Materials, Inc. to Report Q2, 2022 Results on May 04, 2022
2022-04-14 15:00:00
CMC Materials, Inc. announced that they will report Q2, 2022 results After-Market on May 04, 2022
Tranche Update on CMC Materials, Inc. (NasdaqGS:CCMP)'s Equity Buyback Plan announced on November 30, 2010.
2022-02-03 11:21:00
From October 1, 2021 to December 31, 2021, the company has repurchased 79,000 shares, representing 0.28% for $10.55 million. With this, the company has completed the repurchase of 7,404,292 shares, representing 30.37% for $448.45 million under the buyback announced on November 30, 2010.
CMC Materials, Inc. Announces Impairment Charges for the First Quarter Ended December 31, 2021
2022-02-03 11:11:00
CMC Materials, Inc. announced impairment charges for the first quarter ended December 31, 2021 of $9.4 million compared to $7.3 million a year ago.
CMC Materials, Inc. Provides Earnings Guidance for the Year 2022
2022-02-03 11:11:00
CMC Materials, Inc. provided earnings guidance for the year 2022. For the year, the company expects net income in the range of $126,000,000 to $150,000,000.
Cmc Materials, Inc. Revenue Guidance for the Second Quarter of Fiscal 2022
2022-02-03 00:00:00
CMC Materials, Inc. revenue guidance for the second quarter of fiscal 2022. The company currently expects total revenue in the second quarter of fiscal 2022 to be flat to up low single digits sequentially compared to revenue in the first quarter of fiscal 2022. Electronic Materials revenue is expected to be up low single digits sequentially. Primarily because the company is exiting the wood treatment business, Performance Materials revenue is expected to be down mid to high single digits compared to the first quarter of fiscal 2022.
CMC Materials, Inc. to Report Q1, 2022 Results on Feb 02, 2022
2022-01-13 16:00:00
CMC Materials, Inc. announced that they will report Q1, 2022 results After-Market on Feb 02, 2022
CMC Materials, Inc., Entegris, Inc. - M&A Call
2021-12-15 12:00:00
To discuss about definitive merger agreement under which Entegris will acquire CMC Materials in a cash and stock transaction with an enterprise value of approximately $6.5 billion
Entegris, Inc. (NasdaqGS:ENTG) entered into an agreement to acquire CMC Materials, Inc. (NasdaqGS:CCMP) from The Vanguard Group, Inc., EARNEST Partners, LLC, Neuberger Berman Group LLC, BlackRock, Inc. (NYSE:BLK) and others for $5.7 billion.
2021-12-15 00:00:00
Entegris, Inc. (NasdaqGS:ENTG) entered into an agreement to acquire CMC Materials, Inc. (NasdaqGS:CCMP) from The Vanguard Group, Inc., EARNEST Partners, LLC, Neuberger Berman Group LLC, BlackRock, Inc. (NYSE:BLK) and others for $5.7 billion on December 15, 2021. Entegris will acquire CMC Materials in a cash and stock transaction with an equity value of $5.8 billion enterprise value of approximately $6.5 billion. Under the terms of the agreement, CMC Materials shareholders will receive $133 in cash and 0.4506 shares of Entegris common stock for each share of CMC Materials. The total per share consideration represents a 35% premium over CMC Materials’ closing price on December 14, 2021, and a 38% premium to the 10-day volume weighted average share price. Upon completion of the transaction, Entegris shareholders will own approximately 91% of the combined company and CMC Materials shareholders will own approximately 9%. The transaction is to be financed with a combination of equity issued to CMC Materials, new debt and cash on hand. Entegris obtained a debt financing commitment from Morgan Stanley Senior Funding, Inc. up to $4.895 billion in connection with the transactions described herein, subject to the satisfaction of certain customary closing conditions. Entegris has obtained fully committed debt financing from Morgan Stanley Senior Funding, Inc. On June 16, 2022, Entegris entered into a commitment letter with Morgan Stanley Senior Funding, Inc. and certain other financial institutions. Pursuant to the 364-Day Bridge Commitment Letter, the 364-Day Financing Sources committed to provide to Entegris a senior unsecured 364-day bridge term loan facility in an aggregate principal amount of up to $275 million. Entegris Escrow Corporation also intends to offer $895 million aggregate principal amount of senior unsecured notes due 2030 in a private offering. If the transaction is terminated, CMC Materials would be required to pay Entegris a termination fee of $187 million in cash. The transaction has been approved by the Board of Directors of both Entegris and CMC Materials. The transaction is subject to the satisfaction of customary closing conditions, including regulatory approvals, approval by CMC Materials shareholders, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the receipt of approvals under the antitrust laws in China, Korea, Japan, Singapore and Taiwan, the effectiveness of the registration statement on Form S-4 to be filed by Entegris, and the authorization for listing of Entegris common stock to be issued in connection with the merger on the NASDAQ. The transaction is expected to close in the second half of 2022. The transaction is not subject to a financing condition. Shareholders of CMC Materials will hold a meeting on March 3, 2022 to approve the transaction. As of January 28, 2022, waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, for the transaction has been expired. The Registration Statement on Form S-4 was declared effective by the SEC on January 28, 2022. As of March 3, 2022, CMC Materials, Inc stockholders have approved the transaction. Merger agreement proposal was approved by approximately 84% of the outstanding shares of CMC Materials common stock entitled to vote at the special meeting of stockholders. As of May 26, 2022, the Competition and Consumer Commission of Singapore (CCCS) has cleared the acquisition. As of June 24, 2022, China’s State Administration for Market Regulation has given antitrust clearance for Entegris’ acquisition of CMC Materials. The transaction has now received all required regulatory clearances. Entegris and CMC Materials anticipate that the transaction will close on or about July 6, 2022, subject to the satisfaction of the remaining customary closing conditions. The transaction is expected to be significantly accretive to non-GAAP EPS within the first year post-closing. Morgan Stanley & Co. LLC acted as exclusive financial advisor and Kenton J. King, Mike Ringler, Page W. Griffin, Maria Raptis, Andrew L. Foster, M. Janine Jjingo, Laura A. Kaufmann Belkhayat, Ken D. Kumayama and Nathan W. Giesselman of Skadden, Arps, Slate, Meagher & From LLP acted as legal advisors to Entegris. Goldman Sachs & Co. LLC acted as financial advisor & fairness opinion provider and Edward D. Herlihy of Wachtell, Lipton, Rosen & Katz acted as legal advisor for CMC. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Goldman Sachs & Co. LLC in the transaction. Computershare Trust Company, N.A is acting as transfer agent for CMC. CMC has engaged Innisfree M&A Incorporated to assist in the solicitation of proxies for a fee of approximately $25,000.
CMC Materials, Inc. Declares Quarterly Cash Dividend, Payable on or About January 28, 2022
2021-12-07 22:00:00
CMC Materials, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.46 per share ($1.84 per share on an annualized basis) on the company's common stock. The dividend will be payable on or about January 28, 2022 to shareholders of record at the close of business on December 22, 2021.
CMC Materials, Inc., $ 0.46, Cash Dividend, Dec-21-2021
2021-12-07 00:00:00
CMC Materials, Inc., $ 0.46, Cash Dividend, Dec-21-2021
CMC Materials, Inc. Announces Management Changes
2021-11-15 11:30:00
CMC Materials, Inc. announced that Scott D. Beamer has resigned as Chief Financial Officer of the company. Jeanette A. Press, the company’s current Principal Accounting Officer and Controller, has been appointed by the company’s Board of Directors to serve as Interim Chief Financial Officer, effective immediately, while the company undertakes a search for a permanent successor. Mr. Beamer’s departure is not related to any disagreement with the company over its accounting principles or practices, or financial statement disclosures.
Tranche Update on CMC Materials, Inc. (NasdaqGS:CCMP)'s Equity Buyback Plan announced on November 30, 2010.
2021-11-12 12:45:00
From July 1, 2021 to September 30, 2021, the company has repurchased 822,000 shares, representing 2.81% for $104.82 million. With this, the company has completed the repurchase of 7,325,292 shares, representing 30.09% for $437.9 million under the buyback announced on November 30, 2010.
CMC Materials, Inc. Announces Unaudited Consolidated Impairment Charges for the Quarter Ended September 30, 2021
2021-11-11 00:03:00
CMC Materials, Inc. announced unaudited consolidated impairment charges for the quarter ended September 30, 2021. For the quarter, the company reported impairment charges of $11,734,000 against $2,314,000 a year ago.
CMC Materials, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2022 and Full Fiscal Year 2022
2021-11-11 00:03:00
CMC Materials, Inc. provided earnings guidance for the first quarter of fiscal 2022 and full fiscal year 2022. For the quarter, the company expected total revenue to be up low to mid single digits compared to revenue in the fourth quarter of fiscal 2021. For the year, the company expected net income of $137,000,000 to $166,000,000.
CMC Materials, Inc. to Report Q4, 2021 Results on Nov 10, 2021
2021-10-14 15:00:00
CMC Materials, Inc. announced that they will report Q4, 2021 results After-Market on Nov 10, 2021
CMC Materials, Inc., Q4 2021 Earnings Call, Nov 11, 2021
2021-10-14 15:00:00
CMC Materials, Inc., Q4 2021 Earnings Call, Nov 11, 2021
CMC Materials, Inc. Declares Quarterly Cash Dividend, Payable on or About November 5, 2021
2021-09-29 10:00:00
CMC Materials, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.46 per share ($1.84 per share on an annualized basis) on the company's common stock. The dividend will be payable on or about November 5, 2021 to shareholders of record at the close of business on October 13, 2021.
CMC Materials, Inc., $ 0.46, Cash Dividend, Oct-12-2021
2021-09-28 00:00:00
CMC Materials, Inc., $ 0.46, Cash Dividend, Oct-12-2021
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from PHLX Semiconductor Sector Index
2021-09-17 00:00:00
CMC Materials, Inc. has been removed from PHLX Semiconductor Sector Index .
CMC Materials, Inc. Presents at CL King's 19th Annual Best Ideas Conference, Sep-14-2021 10:15 AM
2021-09-03 07:50:00
CMC Materials, Inc. Presents at CL King's 19th Annual Best Ideas Conference, Sep-14-2021 10:15 AM. Speakers: Colleen Elizabeth Mumford, Vice President of Communications & Marketing, Patrick Flaherty, Head of Investor Relations, Scott D. Beamer, VP & CFO.
Tranche Update on CMC Materials, Inc. (NasdaqGS:CCMP)'s Equity Buyback Plan announced on November 30, 2010.
2021-08-05 11:39:00
From April 1, 2021 to June 30, 2021, the company has repurchased 35,000 shares, representing 0.12% for $5.31 million. With this, the company has completed the repurchase of 6,503,292 shares, representing 27.28% for $333.08 million under the buyback announced on November 30, 2010.
CMC Materials, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2021
2021-08-05 00:00:00
CMC Materials, Inc. provided earnings guidance for the fourth quarter of fiscal year 2021. For the quarter, the company currently expected revenue in the fourth quarter of fiscal 2021 to be approximately flat compared to revenue in the third fiscal quarter.
CMC Materials, Inc. Announces Impairment Charges for the Quarter Ended June 30, 2021
2021-08-05 00:00:00
CMC Materials, Inc. announced impairment charges for the quarter ended June 30, 2021. For the quarter, the company reported impairment charge of $3,090,000.
CMC Materials, Inc. to Report Q3, 2021 Results on Aug 04, 2021
2021-07-15 15:00:00
CMC Materials, Inc. announced that they will report Q3, 2021 results After-Market on Aug 04, 2021
CMC Materials, Inc., Q3 2021 Earnings Call, Aug 05, 2021
2021-07-15 15:00:00
CMC Materials, Inc., Q3 2021 Earnings Call, Aug 05, 2021
CL King & Associates, Inc., CL King's 19th Annual Best Ideas Conference, Sep 14, 2021
2021-07-14 20:22:00
CL King & Associates, Inc., CL King's 19th Annual Best Ideas Conference, Sep 14, 2021.
Cmc Materials, Inc. Enters into Credit Agreement to Increase the Aggregate Amount of the Revolving Credit Facility from $200.0 Million to $350.0 Million and Extend the Maturity Term to July 2026
2021-07-06 21:30:00
CMC Materials, Inc. entered into the Incremental Assumption Agreement and Refinancing Amendment No. 2 to the Credit Agreement to increase the aggregate amount of the Revolving Credit Facility from $200.0 million to $350.0 million and extend the maturity term to July 2026. The interest rates and other material terms applicable to the Credit Agreement are unchanged.
Fundamental Summary
According to their recent financial report, which was published on 2022-05-05, CMC had several impressive financial metrics that should make them more attractive than their peers going forward. Their growth, value, and income factors indicate a well-executed and balanced strategy, which is generating exciting growth. We expect that this positive performance will continue in the coming months, and anticipate that CMC will maintain good momentum even in a challenging environment. We gave CMC a 87 rating and a STRONG BUY recommendation.
CMC reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was USD 324.13 million compared to USD 290.53 million a year ago. Net income was USD 34.57 million compared to net loss of USD 149.81 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to basic loss per share from continuing operations of USD 5.13 a year ago. Diluted earnings per share from continuing operations was USD 1.19 compared to diluted loss per share from continuing operations of USD 5.13 a year ago.For the six months, sales was USD 641.17 million compared to USD 578.39 million a year ago. Net income was USD 62 million compared to net loss of USD 118.28 million a year ago. Basic earnings per share from continuing operations was USD 2.17 compared to basic loss per share from continuing operations of USD 4.06 a year ago. Diluted earnings per share from continuing operations was USD 2.14 compared to diluted loss per share from continuing operations of USD 4.06 a year ago.
Business Description
CMC, together with its subsidiaries, provides consumable materials to semiconductor manufacturers, and pipeline and adjacent industry customers in North America, Asia, Europe, the Middle East, Africa, and South America. The company operates in two segments, Electronic Materials and Performance Materials. The Electronic Materials segment develops, produces, and sells chemical mechanical planarization (CMP) slurries for polishing various materials used in IC devices, including tungsten, dielectric materials, copper, tantalum, and aluminum; and various materials that are used in the production of disk substrates and magnetic heads for hard disk drives; and CMP pads, which are used in conjunction with slurries in the CMP process. This segment also offers sulfuric, phosphoric, nitric, and hydrofluoric acids, as well as ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, other specialty organic solvents, and various blends of chemicals; and develops and manufactures consumable products for cleaning advanced probe cards and test sockets. The Performance Materials segment provides pipeline and industrial materials comprising polymer-based drag-reducing agents for crude oil transmission, valve greases, cleaners and sealants, and related services and equipment; and routine and emergency maintenance services, as well as training services. This segment also offers precision polishing and metrology systems for advanced optics applications; and magneto-rheological polishing fluids, consumables, and spare and replacement parts, as well as optical polishing services and other customer support services; and engages in the wood treatment business. The company was formerly known as Cabot Microelectronics Corporation and changed its name to CMC in October 2020. CMC was incorporated in 1999 and is headquartered in Aurora, Illinois.
Sector Overview
CMC 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. CMC'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 | 11.7 | 262.5% | 93 | |
| Net Cashflow | -87.2 | -10.5% | 72 | |
| Capital Expenditure | -42.0 | -2.3% | 68 | |
| Asset Turnover | 0.6 | 5.6% | 80 | |
| Free Cashflow | 7.4 | -2.0% | 66 |
* All values are TTM
The below chart reflects CMC'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 CMC's peer average final assessment score stands on 73.0, CMC's score is 87.
- CCMP
- 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. CMC's stock is now priced above its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near, medium, and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), CMC's stock indicates that it's likely oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 68.
5D MA
176.41
50D MA
177.0
200D MA
165.37
MACD
-0.04
RSI
12.99
STOCH
100.0
Balance Sheet Analysis
CMC appears likely to maintain its strong balance sheet metrics and momentum going forward. CMC's management was effective in improving its cash and cash equivalents metrics, which now sit at 237.7. This represents 18.8% change from the last reporting period. This impressive growth, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. Consequently, their cash and cash equivalents movement received a grade of 87. Also, CMC's price to book ratio (P/B) was reported as 5.4 and represents -10.3% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. The company's book value factors component, therefore, received a grade of 82. That said, one metric, Liabilities, stood out as particularly concerning. At filing, CMC's liabilities were 1256.5, representing a 0.0% change from the previous period. These liabilities metrics show that management has been unsuccessful in encouraging healthy growth while managing liabilities. Its liabilities movement component, therefore, received a grade of 65. Therefore, its balance sheet earned a grade of 80.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 2,200.6 | 1.9% | 79 |
| Liabilities | 1,256.5 | 0.0% | 65 |
| Price to Book | 5.4 | -10.3% | 82 |
| Cash & Equivalents | 237.7 | 18.8% | 87 |
| Equity | 944.1 | 4.6% | 73 |
The below chart describes CMC's performance as reflected on its balance sheet with respect to its peers. While CMC received a balance sheet score of 80, the average of its peers stands on 72.0.
- CCMP
- 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 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 77 | 64 | 46 | 52 | 62 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 48 | 81 | 63 | 45 | 47 | 51 | 19 | 1 |
| Entegris, Inc. | 14.2B | 62 | 71 | 75 | 55 | 79 | 70 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
| First Solar, Inc. | 7.5B | 77 | 70 | 50 | 58 | 57 | 58 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 53 | 79 | 79 | 60 | 64 | 68 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 59 | 74 | 72 | 76 | 72 | 70 | 24 | 1 |
| Universal Display Corporation | 5.4B | 57 | 76 | 83 | 85 | 70 | 75 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 60 | 45 | 47 | 71 | 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 CMC's income statement's strength. In this filing, CMC reported a return on equity (ROE) ratio of 11.7, which represents a change of 262.5%. 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 93. Also, CMC's management was effective in improving its EBIDTA, which now sits at 375.5 and represents a 4.5% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. The company's EBITDA movement, therefore, received a grade of 76. That said, one metric, Revenue Efficiency, stood out as particularly concerning. CMC reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 1262.6 and represented 2.7% 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, specifically in contrast to their industry peers', isn't encouraging. Its revenue efficiency, therefore, received a grade of 72. Therefore, their income statement earned a grade of 76.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 375.5 | 4.5% | 76 |
| Total Revenues | 1,262.6 | 2.7% | 72 |
| Return on Equity | 11.7 | 262.5% | 93 |
The below chart describes CMC's performance as reflected on its income statement with respect to its peers. While CMC received a income statement score of 76 , the average of its peers stands on 69.0.
- CCMP
- 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 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 70 | 63 | 70 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 88 | 57 | 62 | 75 | 19 | 1 |
| Entegris, Inc. | 14.2B | 56 | 80 | 80 | 69 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 76 | 65 | 63 | 71 | 21 | 1 |
| First Solar, Inc. | 7.5B | 98 | 43 | 40 | 73 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 54 | 88 | 89 | 71 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 78 | 66 | 65 | 74 | 24 | 1 |
| Universal Display Corporation | 5.4B | 71 | 63 | 61 | 68 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 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
Two main cash flow metrics, Asset Turnover and Net Cash Flow, are driving the positive outlook for CMC's financial strength. CMC is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.6, representing a 5.6% change from the previous period. This metric might have a 10.7 percent impact on companies in the same industry and with the same market capitalization. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. Therefore, its asset turnover movement earned a score of 80. Also, CMC's management was effective in improving their net cash flow, which now sits at -87.2 and represents a -10.5% change from the previous report. Their net cash flow metrics are especially remarkable relative to their peers. The company's net cash flow, therefore, received a grade of 72. That said, one metric, Free Cash flow, stood out as particularly concerning. Free cash flow numbers published by CMC were 7.4, which was a -2.0% 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. Consequently, their free cash flow movement received a grade of 66. Consequently, their cash flow earned a score of 75.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -87.2 | -10.5% | 72 |
| Capital Expenditure | -42.0 | -2.3% | 68 |
| Asset Turnover | 0.6 | 5.6% | 80 |
| Free Cashflow | 7.4 | -2.0% | 66 |
The below chart describes CMC's performance as reflected on its cash flow with respect to its peers. While CMC received a cash flow score of 75, the average of its peers stands on 70.0.
- CCMP
- 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 |
| Skyworks Solutions, Inc. | 15.8B | 78 | 57 | 79 | 73 | 71 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
| Entegris, Inc. | 14.2B | 60 | 57 | 50 | 77 | 65 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
| First Solar, Inc. | 7.5B | 46 | 84 | 56 | 46 | 53 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
| Universal Display Corporation | 5.4B | 74 | 81 | 68 | 65 | 71 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 70 | 89 | 81 | 88 | 86 | 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 |
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