Diodes Incorporated (DIOD) Report Analysis
At a high level, the metrics from Diodes's Q1 financial report release were demonstrably positive. Their positive growth and income factors indicate that Diodes is likely to continue to produce impressive results for the foreseeable future, as well. We expect that this positive performance will continue in the coming months, and anticipate that Diodes will maintain good momentum even in a challenging environment. As such, Diodes received an overall score of 75 and a HOLD recommendation.
Diodes reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 482.12 million compared to USD 413.12 million a year ago. Net income was USD 72.69 million compared to USD 39.45 million a year ago. Basic earnings per share from continuing operations was USD 1.61 compared to USD 0.89 a year ago. Diluted earnings per share from continuing operations was USD 1.59 compared to USD 0.87 a year ago.
Business Description
Diodes designs, manufactures, and supplies application-specific standard products in the discrete, logic, analog, and mixed-signal semiconductor markets worldwide. It focuses on low pin count semiconductor devices with one or more active or passive components. The company offers discrete semiconductor products, such as MOSFET, TVS, and performance Schottky rectifiers; GPP bridges and retifiers, and performance Schottky diodes; Zener and performance Zener diodes, including tight tolerance and low operating current type; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and prebiased transistors; thyristor surge protection devices; and transient voltage suppressors. It also provides analog products, such as power management devices comprising AC-DC and DC-DC converters, USB power switches, and low dropout and linear voltage regulators; linear devices, such as operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, including hall-effect sensors and motor drivers. The company offers mixed-signal products, such as high speed mux/demux products, digital switches, interfaces, redrivers, universal level shifters/voltage translator, clock ICs, and packet switches; standard logic products comprising low-voltage complementary metal–oxide–semiconductor (CMOS) and high-speed CMOS devices; ultra-low power CMOS logic products and analog switches; multichip products and co-packaged discrete, analog, and mixed-signal silicon in miniature packages; silicon and silicon epitaxial wafers; and crystals and oscillators. It sells its products to the consumer electronics, computing, communications, industrial, and automotive markets through direct sales, marketing personnel, independent sales representatives, and distributors. The company was incorporated in 1959 and is headquartered in Plano, Texas.
Sector Overview
Diodes 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. Diodes's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Parameter | Value | Change | Score | |
---|---|---|---|---|
Return on Equity | 22.3 | 9.6% | 86 | |
Net Cashflow | -25.1 | -154.2% | 77 | |
Capital Expenditure | -160.0 | -16.0% | 52 | |
Asset Turnover | 0.9 | 4.3% | 80 | |
Free Cashflow | 4.0 | -9.1% | 61 |
* All values are TTM
The below chart reflects Diodes'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 Diodes's peer average final assessment score stands on 70.0, Diodes's score is 75.
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. Diodes's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Diodes's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.
Diodes appears likely to maintain its strong balance sheet metrics and momentum going forward. Diodes's management was effective in managing the value of the assets on their balance sheet, which now sits at 2165.5 and represents a -1.3% change from the previous report. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. Consequently, their asset movement received a grade of 78. Also, Diodes publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 2.3 and represents a -43.1% change from the previous report. The company's book value factor metrics are even more remarkable when compared to their peers. The company's book value factors component, therefore, received a grade of 72. On the other hand, Liabilities, jumped out as looking rather underwhelming. Diodes's liabilities stood at 805.4 in the current filing, which represents a -9.7% change from the previous report. Diodes's liabilities changes appear mediocre compared to their peers. Contextually, they convey that management finds balancing asset growth, resource allocation, and liabilities challenging. Therefore, we rated their liabilities movement with a score of 46. Therefore, the company's balance sheet earned a grade of 61.
Parameter | Value | Change | Score |
---|---|---|---|
Assets | 2,165.5 | -1.3% | 78 |
Liabilities | 805.4 | -9.7% | 46 |
Price to Book | 2.3 | -43.1% | 72 |
Cash & Equivalents | 303.3 | -16.6% | 51 |
Equity | 1,297.5 | 4.9% | 71 |
The below chart describes Diodes's performance as reflected on its balance sheet with respect to its peers. While Diodes received a balance sheet score of 61, the average of its peers stands on 70.0.
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 |
CMC Materials, Inc. | 5.2B | 65 | 79 | 73 | 87 | 82 | 80 | 27 | 1 |
Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 57 | 65 | 28 | 1 |
Synaptics Incorporated | 5.1B | 71 | 71 | 78 | 92 | 76 | 81 | 29 | 1 |
Power Integrations, Inc. | 4.5B | 55 | 82 | 59 | 79 | 56 | 61 | 30 | 1 |
Amkor Technology, Inc. | 4.3B | 70 | 68 | 75 | 74 | 77 | 74 | 31 | 1 |
Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 74 | 86 | 32 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 68 | 69 | 74 | 80 | 76 | 74 | 33 | 1 |
Semtech Corporation | 3.6B | 58 | 79 | 68 | 67 | 64 | 67 | 34 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 64 | 75 | 74 | 38 | 75 | 69 | 35 | 1 |
SunPower Corporation | 3.2B | 72 | 81 | 42 | 83 | 53 | 61 | 36 | 1 |
FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 83 | 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 |
Overall, Diodes's critical income statement metrics appear to strongly support positive growth going forward. Diodes's reported return on equity (ROE) ratio was 22.3, representing a change of 9.6%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 86. Also, Diodes's management was effective in improving its EBIDTA, which now sits at 464.2 and represents a 10.2% 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%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Consequently, their EBITDA movement received a grade of 84. On the other hand, Revenue Efficiency, jumped out as looking rather underwhelming. Diodes's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 66. Therefore, their income statement earned a grade of 76.
Parameter | Value | Change | Score |
---|---|---|---|
EBITDA | 464.2 | 10.2% | 84 |
Total Revenues | 1,874.2 | 3.8% | 66 |
Return on Equity | 22.3 | 9.6% | 86 |
The below chart describes Diodes's performance as reflected on its income statement with respect to its peers. While Diodes received a income statement score of 76 , the average of its peers stands on 68.0.
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 |
CMC Materials, Inc. | 5.2B | 72 | 76 | 93 | 76 | 27 | 1 |
Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 28 | 1 |
Synaptics Incorporated | 5.1B | 45 | 91 | 90 | 68 | 29 | 1 |
Power Integrations, Inc. | 4.5B | 80 | 76 | 83 | 80 | 30 | 1 |
Amkor Technology, Inc. | 4.3B | 63 | 76 | 77 | 70 | 31 | 1 |
Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 32 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 68 | 48 | 67 | 61 | 33 | 1 |
Semtech Corporation | 3.6B | 64 | 84 | 87 | 75 | 34 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 74 | 77 | 73 | 76 | 35 | 1 |
SunPower Corporation | 3.2B | 49 | 43 | 72 | 49 | 36 | 1 |
FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 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 |
Diodes appears likely to maintain its strong cash flow metrics and momentum going forward. Diodes's published asset turnover numbers were encouraging and reflected management's balanced change strategy. Diodes recorded asset turnover of 0.9, which represents a 4.3% change from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 10.7 percent by this parameter. Their asset turnover numbers are significantly more impressive when contrasted against their peers and competitors. Therefore, its asset turnover movement earned a score of 80. Also, Diodes presents exciting net cash flow numbers for its recent financial release, illustrated by a net cash flow of -25.1, which is a change of -154.2% from the last filing. The company is headed in the right direction regarding business priorities, exhibiting prudent net cash flow management and growth. Hence, its net cash flow earned a score of 77. At the same time, one critical cash flow metric, Capital Expenditure, was notably weak. Diodes's published capital expenditures (CapEx) numbers were discouraging and reflected management's unbalanced growth strategy. Diodes recorded CapEx of -160.0, which represents a -16.0% change from the previous report. The company's disappointing CapEx growth is expected to stunt the momentum they hoped for this period. Its CapEx movement, therefore, received a grade of 52. Therefore, we scored the company's cash flow a 72.
Parameter | Value | Change | Score |
---|---|---|---|
Net Cashflow | -25.1 | -154.2% | 77 |
Capital Expenditure | -160.0 | -16.0% | 52 |
Asset Turnover | 0.9 | 4.3% | 80 |
Free Cashflow | 4.0 | -9.1% | 61 |
The below chart describes Diodes's performance as reflected on its cash flow with respect to its peers. While Diodes received a cash flow score of 72, the average of its peers stands on 70.0.
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 |
CMC Materials, Inc. | 5.2B | 72 | 66 | 68 | 80 | 75 | 27 | 1 |
Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 58 | 68 | 28 | 1 |
Synaptics Incorporated | 5.1B | 85 | 62 | 98 | 55 | 67 | 29 | 1 |
Power Integrations, Inc. | 4.5B | 88 | 77 | 64 | 82 | 82 | 30 | 1 |
Amkor Technology, Inc. | 4.3B | 46 | 57 | 61 | 71 | 60 | 31 | 1 |
Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 91 | 32 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 56 | 56 | 77 | 56 | 56 | 33 | 1 |
Semtech Corporation | 3.6B | 79 | 78 | 58 | 79 | 78 | 34 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 46 | 78 | 54 | 78 | 69 | 35 | 1 |
SunPower Corporation | 3.2B | 84 | 41 | 39 | 93 | 74 | 36 | 1 |
FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 68 | 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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