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SiTime Corporation (SITM) Report Analysis

Corporate Events

Positive

SiTime Corporation(NasdaqGM:SITM) added to Russ...

2022-06-24 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to Russell 2000 Growth-Defensive Index

Positive

SiTime Corporation(NasdaqGM:SITM) added to Russ...

2022-06-24 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to Russell 2000 Defensive Index

Neutral

SiTime Corporation Provides Earnings Guidance f...

2022-05-04 21:00:00

SiTime Corporation provided earnings guidance for the second quarter and full year of 2022. For the quarter, The company expects revenue will ...

Negative

SiTime Corporation has filed a Follow-on Equity...

2022-05-04 00:00:00

SiTime Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 800...

Neutral

SiTime Corporation Presents at ROTH 8th Annual ...

2022-05-03 18:19:00

SiTime Corporation Presents at ROTH 8th Annual London Conference, Jun-21-2022 through Jun-23-2022. Venue: London, United Kingdom. Presentation...

Neutral

SiTime Corporation - Shareholder/Analyst Call

2022-04-20 10:08:00

AGM

Neutral

SiTime Corporation, Annual General Meeting, Jun...

2022-04-20 10:08:00

SiTime Corporation, Annual General Meeting, Jun 02, 2022, at 09:00 Pacific Standard Time. Agenda: To elect three Class III directors, Raman K....

Neutral

ROTH Capital Partners, LLC, ROTH 8th Annual Lon...

2022-04-07 20:18:00

ROTH Capital Partners, LLC, ROTH 8th Annual London Conference, Jun 21, 2022 through Jun 23, 2022. Venue: London, United Kingdom.

Neutral

SiTime Corporation, Q1 2022 Earnings Call, May 04, 2022

2022-04-06 20:05:00

SiTime Corporation, Q1 2022 Earnings Call, May 04, 2022

Neutral

SiTime Corporation to Report Q1, 2022 Results o...

2022-04-06 20:05:00

SiTime Corporation announced that they will report Q1, 2022 results After-Market on May 04, 2022

Neutral

SiTime Corporation has filed a Shelf Registrati...

2022-02-03 00:00:00

SiTime Corporation has filed a Shelf Registration in the amount of $146.883092 million. Security Name: Common Shares Securities Offered: 6...

Neutral

SiTime Corporation Provides Revenue Guidance fo...

2022-02-02 22:00:00

SiTime Corporation provided revenue guidance for the first quarter of 2022. The company expects revenue in first quarter will be approximately...

Positive

SiTime Corporation Introduces XCalibur, an Inno...

2022-02-01 14:01:00

SiTime Corporation introduced the SiTime® XCalibur™ active resonator. This innovative new product category solves supply chain constraints usi...

Neutral

SiTime Corporation to Report Q4, 2021 Results o...

2022-01-05 21:05:00

SiTime Corporation announced that they will report Q4, 2021 results After-Market on Feb 02, 2022

Neutral

SiTime Corporation, Q4 2021 Earnings Call, Feb 02, 2022

2022-01-05 21:05:00

SiTime Corporation, Q4 2021 Earnings Call, Feb 02, 2022

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P 400

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P 400

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P ...

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P Composite 1500

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P ...

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P 400 Information Technology (Sector)

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P 1000

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P 1000

Negative

SiTime Corporation has completed a Follow-on Eq...

2021-11-09 00:00:00

SiTime Corporation has completed a Follow-on Equity Offering in the amount of $450 million. Security Name: Common Stock Security Type: Com...

Negative

SiTime Corporation has filed a Follow-on Equity...

2021-11-08 00:00:00

SiTime Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,000,000

Neutral

SiTime Corporation, Q3 2021 Earnings Call, Nov 03, 2021

2021-10-05 20:05:00

SiTime Corporation, Q3 2021 Earnings Call, Nov 03, 2021

Neutral

SiTime Corporation to Report Q3, 2021 Results o...

2021-10-05 20:05:00

SiTime Corporation announced that they will report Q3, 2021 results After-Market on Nov 03, 2021

Neutral

SiTime Corporation Presents at Credit Suisse 25...

2021-10-05 09:20:00

SiTime Corporation Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 01:10 PM. Venue: The Phoenician Hotel, Scottsdale,...

Positive

SiTime Corporation Introduces MEMS Oscillator

2021-09-29 13:05:00

SiTime Corporation introduced the SiT3901 µPower digitally controlled MEMS oscillator (DCXO) targeting power-sensitive and space-constrained m...

Neutral

SiTime Corporation Presents at Roth 10th Annual...

2021-09-18 17:07:00

SiTime Corporation Presents at Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov-17-2021 . Speakers: Arthur D. Chadwic...

Neutral

Roth Capital Partners, LLC, Roth 10th Annual Te...

2021-09-18 12:11:00

Roth Capital Partners, LLC, Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov 16, 2021 through Nov 18, 2021.

Neutral

SiTime Corporation Provides Earnings Guidance f...

2021-08-04 21:00:00

SiTime Corporation provided earnings guidance for the third quarter of 2021. For the period, the company expects sales to increase to between ...

Neutral

SiTime Corporation MEMS Oscillators Support Squ...

2021-07-21 20:14:00

SiTime Corporation announced that Square is using the SiTime SiT8008 low-power, programmable MEMS oscillator for its Square Terminal and Squar...

Neutral

SiTime Corporation to Report Q2, 2021 Results o...

2021-07-08 12:00:00

SiTime Corporation announced that they will report Q2, 2021 results After-Market on Aug 04, 2021

Neutral

SiTime Corporation, Q2 2021 Earnings Call, Aug 04, 2021

2021-07-08 12:00:00

SiTime Corporation, Q2 2021 Earnings Call, Aug 04, 2021

Neutral

SiTime Corporation Approves the Amended and Res...

2021-06-29 20:01:00

On June 28, 2021, the Board of Directors (the “Board”) of SiTime Corporation (the “Company”) approved the Company’s Amended and Restated Bylaw...

Positive

SiTime Corporation(NasdaqGM:SITM) added to Russell 2000 Growth-Defensive Index

2022-06-24 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to Russell 2000 Growth-Defensive Index

Positive

SiTime Corporation(NasdaqGM:SITM) added to Russell 2000 Defensive Index

2022-06-24 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to Russell 2000 Defensive Index

Neutral

SiTime Corporation Provides Earnings Guidance for the Second Quarter and Full Year of 2022

2022-05-04 21:00:00

SiTime Corporation provided earnings guidance for the second quarter and full year of 2022. For the quarter, The company expects revenue will increase between 8% and 12% sequentially, which at the midpoint would be approximately $77 million. For the year, The company expects revenue will grow by at least 50% this year.

Negative

SiTime Corporation has filed a Follow-on Equity Offering.

2022-05-04 00:00:00

SiTime Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 800,000 Transaction Features: At the Market Offering

Neutral

SiTime Corporation Presents at ROTH 8th Annual London Conference, Jun-21-2022 through Jun-23-2022

2022-05-03 18:19:00

SiTime Corporation Presents at ROTH 8th Annual London Conference, Jun-21-2022 through Jun-23-2022. Venue: London, United Kingdom. Presentation Date & Speakers: Jun-22-2022, Rajesh Vashist, Chairman, President & CEO. Jun-23-2022, Rajesh Vashist, Chairman, President & CEO.

Neutral

SiTime Corporation - Shareholder/Analyst Call

2022-04-20 10:08:00

AGM

Neutral

SiTime Corporation, Annual General Meeting, Jun 02, 2022

2022-04-20 10:08:00

SiTime Corporation, Annual General Meeting, Jun 02, 2022, at 09:00 Pacific Standard Time. Agenda: To elect three Class III directors, Raman K. Chitkara, Katherine E. Schuelke, and Rajesh Vashist, to serve until the 2025 annual meeting of stockholders or until their respective successors are duly elected and qualified; to approve, on an advisory basis, the compensation of our named executive officers, as disclosed in this proxy statement; to indicate, on an advisory basis, the preferred frequency of stockholder advisory votes on the compensation of our named executive officers; to ratify the appointment of BDO USA, LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the Annual Meeting and any adjournments or postponements of the Annual Meeting.

Neutral

ROTH Capital Partners, LLC, ROTH 8th Annual London Conference, Jun 21, 2022 through Jun 23, 2022

2022-04-07 20:18:00

ROTH Capital Partners, LLC, ROTH 8th Annual London Conference, Jun 21, 2022 through Jun 23, 2022. Venue: London, United Kingdom.

Neutral

SiTime Corporation, Q1 2022 Earnings Call, May 04, 2022

2022-04-06 20:05:00

SiTime Corporation, Q1 2022 Earnings Call, May 04, 2022

Neutral

SiTime Corporation to Report Q1, 2022 Results on May 04, 2022

2022-04-06 20:05:00

SiTime Corporation announced that they will report Q1, 2022 results After-Market on May 04, 2022

Neutral

SiTime Corporation has filed a Shelf Registration in the amount of $146.883092 million.

2022-02-03 00:00:00

SiTime Corporation has filed a Shelf Registration in the amount of $146.883092 million. Security Name: Common Shares Securities Offered: 624,742 Transaction Features: ESOP Related Offering

Neutral

SiTime Corporation Provides Revenue Guidance for the First Quarter of 2022

2022-02-02 22:00:00

SiTime Corporation provided revenue guidance for the first quarter of 2022. The company expects revenue in first quarter will be approximately $65 million, plus or minus, which at that midpoint would be up 83% over the same quarter last year.

Positive

SiTime Corporation Introduces XCalibur, an Innovative Mems Solution for the Timing Industry’s Supply Chain Disruption

2022-02-01 14:01:00

SiTime Corporation introduced the SiTime® XCalibur™ active resonator. This innovative new product category solves supply chain constraints using programmable semiconductors to deliver a drop-in replacement for quartz crystal resonators. Additionally, XCalibur provides higher performance and reliability while reducing development time by up to two months in automotive, enterprise, and industrial applications. Quartz resonators have well-known weaknesses such as being susceptible to strong EMI fields and requiring negative resistance testing in every design and layout cycle, as well as requiring qualification for each frequency. With XCalibur active resonators, customers no longer experience EMI or start-up issues. They no longer need to send their board to quartz vendors for negative resistance testing. Furthermore, customers can implement a new frequency in the same design without re-qualifying the part. All these benefits enable the customer to get to market faster. SiTime XCalibur active resonators provide 10x better reliability than quartz, making them ideal for automotive and industrial applications that demand robustness and long life in harsh environments. The many benefits of these MEMS-based resonators also extend to communications and networking, enterprise, consumer electronics, mobile and IoT, and aerospace and defense applications. XCalibur Active Resonator Features and Benefits: The SiTime XCalibur active resonators can replace 4-pin SMD crystal resonators in demanding automotive, industrial, and enterprise equipment applications. They provide excellent stability, greater reliability, reduced BOM, and ease of design.

Neutral

SiTime Corporation to Report Q4, 2021 Results on Feb 02, 2022

2022-01-05 21:05:00

SiTime Corporation announced that they will report Q4, 2021 results After-Market on Feb 02, 2022

Neutral

SiTime Corporation, Q4 2021 Earnings Call, Feb 02, 2022

2022-01-05 21:05:00

SiTime Corporation, Q4 2021 Earnings Call, Feb 02, 2022

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P 400

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P 400

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P Composite 1500

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P Composite 1500

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P 400 Information Technology (Sector)

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P 400 Information Technology (Sector)

Positive

SiTime Corporation(NasdaqGM:SITM) added to S&P 1000

2021-11-30 00:00:00

SiTime Corporation(NasdaqGM:SITM) added to S&P 1000

Negative

SiTime Corporation has completed a Follow-on Equity Offering in the amount of $450 million.

2021-11-09 00:00:00

SiTime Corporation has completed a Follow-on Equity Offering in the amount of $450 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: $225 Discount Per Security: $10.125

Negative

SiTime Corporation has filed a Follow-on Equity Offering.

2021-11-08 00:00:00

SiTime Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,000,000

Neutral

SiTime Corporation, Q3 2021 Earnings Call, Nov 03, 2021

2021-10-05 20:05:00

SiTime Corporation, Q3 2021 Earnings Call, Nov 03, 2021

Neutral

SiTime Corporation to Report Q3, 2021 Results on Nov 03, 2021

2021-10-05 20:05:00

SiTime Corporation announced that they will report Q3, 2021 results After-Market on Nov 03, 2021

Neutral

SiTime Corporation Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 01:10 PM

2021-10-05 09:20:00

SiTime Corporation Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 01:10 PM. Venue: The Phoenician Hotel, Scottsdale, Arizona, United States. Speakers: Arthur D. Chadwick, Executive VP & CFO, Rajesh Vashist, Chairman, President & CEO.

Positive

SiTime Corporation Introduces MEMS Oscillator

2021-09-29 13:05:00

SiTime Corporation introduced the SiT3901 µPower digitally controlled MEMS oscillator (DCXO) targeting power-sensitive and space-constrained mobile and IoT applications. The SiT3901 improves wireless charging speed by up to 25% while reducing the overall timing solution area by up to 90%. The MEMS oscillator is ideal for wireless charging systems for smartwatches, activity trackers, hearing aids, and wearables. The SiT3901 DCXO is the latest addition to the SiTime µPower MEMS oscillator family targeting power and space-constrained wearable, hearable, IoT, and mobile applications. µPower MEMS oscillators consume up to 90% less power and up to 90% less space compared to quartz oscillators, enabling environmentally friendly electronics. The SiT3901 offers high resilience to analog noise and includes the following features: Ultra-low 105 micro-amps of current consumption (typical); Ultra-wide digital pull range (up to 15%) for output frequency; Stability over temperature of ±50 and ±100 ppm; Wide temperature range, from -40 oC to +85 oC; Ultra-small 1.5 mm x 0.8 mm package size; Programmable frequency from 1 MHz to 26 MHz.

Neutral

SiTime Corporation Presents at Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov-17-2021

2021-09-18 17:07:00

SiTime Corporation Presents at Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov-17-2021 . Speakers: Arthur D. Chadwick, Executive VP & CFO, Rajesh Vashist, Chairman, President & CEO.

Neutral

Roth Capital Partners, LLC, Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov 16, 2021 through Nov 18, 2021

2021-09-18 12:11:00

Roth Capital Partners, LLC, Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov 16, 2021 through Nov 18, 2021.

Neutral

SiTime Corporation Provides Earnings Guidance for the Third Quarter of 2021

2021-08-04 21:00:00

SiTime Corporation provided earnings guidance for the third quarter of 2021. For the period, the company expects sales to increase to between $56 million and $60 million, which is about 30% sequential growth at the midpoint. The expect sales to largest customer to increase in Third Quarter to approximately 25% of total sales for the quarter.

Neutral

SiTime Corporation MEMS Oscillators Support Square Point-of-Sale Products

2021-07-21 20:14:00

SiTime Corporation announced that Square is using the SiTime SiT8008 low-power, programmable MEMS oscillator for its Square Terminal and Square Register point-of-sale (POS) products. The SiT8008 is one of SiTime’s most popular devices and is used in over 50 applications across the enterprise, industrial, mobile, and consumer markets. The stability of the timing subsystem plays a critical role in ensuring the accuracy of POS products. System vendors do have a choice for timing. They can use a SiTime oscillator, which is an external, standalone timing device, or they can use an on-chip oscillator on their microprocessor/SoC. An external oscillator like the SiT8008 will consistently deliver 10-100 times better clock stability because of superior MEMS and analog technology and SiTime’s systems expertise. Additionally, the programmable architecture of the SiT8008 provides excellent configurability to the user and ensures fast delivery. The SiTime SiT8008 programmable oscillator features a wide frequency range, low power consumption, small size, and excellent temperature stability over a wide temperature range. The SiT8008 family is programmable, enabling quicker sampling and shorter overall lead times. Continuous 1.8 V to 3.3 V supply voltage enables inventory consolidation and minimizes qualification time. The oscillators support any frequency between 1 and 110 MHz while providing stability from ±20 ppm to ±50 ppm. SiT8008 oscillators are available in small packages for all frequencies, voltages, and stabilities, enabling board space savings for space-constrained designs without compromising performance and availability.

Neutral

SiTime Corporation to Report Q2, 2021 Results on Aug 04, 2021

2021-07-08 12:00:00

SiTime Corporation announced that they will report Q2, 2021 results After-Market on Aug 04, 2021

Neutral

SiTime Corporation, Q2 2021 Earnings Call, Aug 04, 2021

2021-07-08 12:00:00

SiTime Corporation, Q2 2021 Earnings Call, Aug 04, 2021

Neutral

SiTime Corporation Approves the Amended and Restated Bylaws, Effective as of June 28, 2021

2021-06-29 20:01:00

On June 28, 2021, the Board of Directors (the “Board”) of SiTime Corporation (the “Company”) approved the Company’s Amended and Restated Bylaws, effective as of June 28, 2021 (the “Amended and Restated Bylaws”), to amend Section 3.4 so that directors can be removed for cause by a majority of the voting power of the outstanding shares then entitled to vote at an election of directors. Section 3.4 previously provided that at least two thirds of the voting power of the outstanding shares then entitled to vote at an election of directors was required to remove a director for cause.

Fundamental Summary

At a high level, the metrics from SiTime's Q1 financial report release were demonstrably negative. Their growth, value, and income factors performance indicate that company management are not executing well their business plan. These results indicate a weak growth potential for SiTime's stock's price moving forward. Therefore, we assessed them with a rating of 59 and a UNDERPERFORM recommendation.

SiTime reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 70.25 million compared to USD 35.54 million a year ago. Net income was USD 6.14 million compared to net loss of USD 3.57 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to basic loss per share from continuing operations of USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to diluted loss per share from continuing operations of USD 0.2 a year ago.

Business Description

SiTime designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime was incorporated in 2003 and is headquartered in Santa Clara, California.

Sector Overview

SiTime 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. SiTime'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
Assets 698.0 2.9% 67
Liabilities 44.2 -3.4% 57
Price to Book 5.2 -45.7% 64
Cash & Equivalents 571.5 2.1% 73
Equity 653.9 3.4% 66
EBITDA 54.5 31.9% 93
Total Revenues 253.5 15.9% 40
Parameter Value Change Score
Return on Equity 8.8 1.7% 78
Net Cashflow 314.5 -35.3% 83
Capital Expenditure -34.5 -11.6% 56
Asset Turnover 0.5 -7.7% 44
Free Cashflow 1.8 34.7% 87

* All values are TTM

The below chart reflects SiTime'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 SiTime's peer average final assessment score stands on 68.0, SiTime's score is 59.

  •  SITM
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Enphase Energy, Inc. 25.7B 58 57 60
Underperform
52
52 0 1
Camtek Ltd. 1.1B 66 68 71
Hold
74
74 1 1
ACM Research, Inc. 917.6M 52 67 50
Underperform
50
50 2 1
Hanwha Q CELLS Co., Ltd. 818.9M 72 70 68
Hold
71
71 3 1
Navitas Semiconductor Corporation 533.1M 67 53 90
Hold
72
72 4 1
Helix Technology Corporation 364.9M 65 74 61
Hold
68
68 5 1
CyberOptics Corporation 272.8M 75 71 72
Hold
78
78 6 1
NVIDIA Corporation 400.2B 71 63 82
Hold
76
76 7 1
Intel Corporation 154.5B 77 76 58
Hold
75
75 8 1
QUALCOMM Incorporated 147.4B 82 66 77
Buy
82
82 9 1
Texas Instruments Incorporated 142.2B 76 74 70
Buy
80
80 10 1
Advanced Micro Devices, Inc. 130.9B 88 59 57
Hold
68
68 11 1
Broadcom Inc. 102.5B 62 71 85
Buy
79
79 12 1
Applied Materials, Inc. 82.7B 60 72 69
Hold
69
69 13 1
Analog Devices, Inc. 77.2B 69 65 84
Hold
78
78 14 1
Micron Technology, Inc. 64.6B 81 74 80
Strong Buy
89
89 15 1
Lam Research Corporation 60.8B 60 74 69
Hold
70
70 16 1
KLA Corporation 49.3B 66 67 74
Hold
72
72 17 1
NXP Semiconductors N.V. 40.5B 64 71 73
Hold
73
73 18 1
Marvell Technology, Inc. 38.5B 60 64 65
Hold
62
62 19 1
Microchip Technology Incorporated 33.0B 79 71 79
Buy
85
85 20 1
GLOBALFOUNDRIES Inc. 23.9B 78 70 63
Hold
75
75 21 1
ON Semiconductor Corporation 22.9B 81 73 70
Buy
82
82 22 1
Monolithic Power Systems, Inc. 18.5B 84 66 77
Buy
83
83 23 1
Skyworks Solutions, Inc. 15.5B 62 70 71
Hold
70
70 24 1
SolarEdge Technologies, Inc. 15.5B 81 53 43
Underperform
53
53 25 1
Teradyne, Inc. 15.3B 52 75 68
Hold
66
66 26 1
Entegris, Inc. 14.1B 70 69 65
Hold
70
70 27 1
Qorvo, Inc. 10.2B 67 72 73
Hold
75
75 28 1
Wolfspeed, Inc. 8.2B 74 69 55
Hold
66
66 29 1
First Solar, Inc. 7.2B 59 73 53
Underperform
60
60 30 1
Lattice Semiconductor Corporation 6.8B 68 71 77
Hold
78
78 31 1
MKS Instruments, Inc. 5.8B 70 74 59
Hold
70
70 32 1
Silicon Laboratories Inc. 5.3B 72 70 86
Buy
84
84 33 1
Universal Display Corporation 5.2B 75 68 71
Hold
76
76 34 1
CMC Materials, Inc. 5.1B 81 76 74
Strong Buy
87
87 35 1
Tower Semiconductor Ltd. 5.1B 65 79 68
Buy
79
79 36 1
Daqo New Energy Corp. 5.0B 93 65 89
Strong Buy
95
95 37 1
Synaptics Incorporated 4.9B 81 68 66
Hold
76
76 38 1
Power Integrations, Inc. 4.4B 61 80 82
Buy
82
82 39 1
Amkor Technology, Inc. 4.2B 75 70 60
Hold
71
71 40 1
Cirrus Logic, Inc. 4.1B 86 67 90
Strong Buy
92
92 41 1
Allegro MicroSystems, Inc. 4.0B 74 61 56
Hold
62
62 42 1
Onto Innovation Inc. 3.6B 78 67 85
Buy
85
85 43 1
Semtech Corporation 3.5B 67 75 77
Buy
80
80 44 1
MACOM Technology Solutions Holdings, Inc. 3.3B 70 76 68
Hold
77
77 45 1
JinkoSolar Holding Co., Ltd. 3.2B 89 62 74
Buy
81
81 46 1
FormFactor, Inc. 3.1B 84 80 67
Strong Buy
87
87 47 1
Diodes Incorporated 3.0B 62 76 72
Hold
75
75 48 1
SunPower Corporation 3.0B 61 49 74
Underperform
56
56 49 1
Silicon Motion Technology Corporation 2.8B 54 72 61
Hold
65
65 50 1
MaxLinear, Inc. 2.7B 76 75 88
Strong Buy
91
91 51 1
Nova Ltd. 2.7B 61 69 54
Hold
64
64 52 1
Ambarella, Inc. 2.6B 64 72 79
Hold
77
77 53 1
Kulicke and Soffa Industries, Inc. 2.6B 58 79 82
Buy
80
80 54 1
Rambus Inc. 2.4B 48 64 89
Hold
69
69 55 1
Canadian Solar Inc. 2.0B 59 72 71
Hold
71
71 56 1
Axcelis Technologies, Inc. 1.9B 81 67 82
Buy
85
85 57 1
Credo Technology Group Holding Ltd 1.7B 88 60 53
Hold
67
67 58 1
Himax Technologies, Inc. 1.6B 77 70 66
Buy
79
79 59 1
Impinj, Inc. 1.4B 72 59 65
Hold
65
65 60 1
Ultra Clean Holdings, Inc. 1.4B 63 63 61
Hold
60
60 61 1
Cohu, Inc. 1.3B 58 75 59
Hold
64
64 62 1
Photronics, Inc. 1.2B 69 71 82
Buy
81
81 63 1
SMART Global Holdings, Inc. 1.0B 86 65 62
Hold
75
75 64 1
Veeco Instruments Inc. 1.0B 58 76 71
Hold
72
72 65 1
Alpha and Omega Semiconductor Limited 929.5M 77 69 54
Hold
68
68 66 1
NeoPhotonics Corporation 838.5M 66 69 71
Hold
72
72 67 1
PDF Solutions, Inc. 808.6M 63 71 89
Buy
82
82 68 1
CEVA, Inc. 778.5M 73 71 71
Hold
77
77 69 1
Ichor Holdings, Ltd. 754.1M 60 67 58
Underperform
59
59 70 1
indie Semiconductor, Inc. 720.1M 44 43 85
Underperform
49
49 71 1
Magnachip Semiconductor Corporation 667.1M 74 90 57
Buy
82
82 72 1
Mykrolis Corp. 657.1M 72 67 75
Hold
76
76 73 1
Maxeon Solar Technologies, Ltd. 575.9M 53 49 84
Hold
60
60 74 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 56 66 73
Hold
62
62 75 1
Rigetti Computing, Inc. 413.5M 98 72 58
Buy
84
84 76 1
Meta Materials Inc. 396.9M 42 43 84
Underperform
47
47 77 1
Valens Semiconductor Ltd. 357.2M 75 65 66
Hold
75
75 78 1
Rockley Photonics Holdings Limited 305.7M 42 79 60
Underperform
59
59 79 1
Transphorm, Inc. 255.8M 45 68 88
Hold
69
69 80 1

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. SiTime's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), SiTime's stock appears overbought. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 37.

Bearish 37
Close Price 169.04
52W Low 114.5
52W High 334.98
5D MA 176.17
50D MA 186.86
200D MA 223.39
MACD -6.53
RSI 87.98
STOCH 12.1

Balance Sheet Analysis

SiTime's most recent balance sheet report has several troubling numbers, specifically Liabilities and Book Value Factors. At filing, SiTime's liabilities were 44.2, representing a -3.4% change from the previous period. These liabilities metrics show that management has been unsuccessful in encouraging healthy growth while managing liabilities. Therefore, we rated their liabilities movement with a score of 57. Also, SiTime's price to book ratio (P/B) was reported as 5.2 and represents -45.7% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 8.4%. Their book value factor metrics are even more concerning when compared to their peers. Consequently, their book value factors movement received a grade of 64. However, we can draw some encouragement from SiTime's momentum in Cash & Equivalents generation. SiTime's management was effective in improving its cash and cash equivalents metrics, which now sit at 571.5. This represents 2.1% 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 73. Consequently, its balance sheet earned a rank of 59.

Parameter Value Change Score
Assets 698.0 2.9% 67
Liabilities 44.2 -3.4% 57
Price to Book 5.2 -45.7% 64
Cash & Equivalents 571.5 2.1% 73
Equity 653.9 3.4% 66
* All values are TTM

The below chart describes SiTime's performance as reflected on its balance sheet with respect to its peers. While SiTime received a balance sheet score of 59, the average of its peers stands on 73.0.

  •  SITM
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Enphase Energy, Inc. 25.7B 89 60 39 97 56 58 0 1
Camtek Ltd. 1.1B 63 61 82 37 90 66 1 1
ACM Research, Inc. 917.6M 87 57 51 43 50 52 2 1
Hanwha Q CELLS Co., Ltd. 818.9M 60 93 47 85 74 72 3 1
Navitas Semiconductor Corporation 533.1M 37 80 80 62 79 67 4 1
Helix Technology Corporation 364.9M 65 78 79 85 52 65 5 1
CyberOptics Corporation 272.8M 71 66 72 64 86 75 6 1
NVIDIA Corporation 400.2B 78 70 65 97 54 71 7 1
Intel Corporation 154.5B 65 69 76 90 81 77 8 1
QUALCOMM Incorporated 147.4B 57 71 96 80 80 82 9 1
Texas Instruments Incorporated 142.2B 63 69 87 46 84 76 10 1
Advanced Micro Devices, Inc. 130.9B 93 61 78 96 80 88 11 1
Broadcom Inc. 102.5B 67 79 58 56 55 62 12 1
Applied Materials, Inc. 82.7B 71 72 63 41 55 60 13 1
Analog Devices, Inc. 77.2B 62 80 66 66 66 69 14 1
Micron Technology, Inc. 64.6B 73 69 85 76 74 81 15 1
Lam Research Corporation 60.8B 72 77 58 51 45 60 16 1
KLA Corporation 49.3B 75 62 73 53 66 66 17 1
NXP Semiconductors N.V. 40.5B 71 68 56 62 76 64 18 1
Marvell Technology, Inc. 38.5B 71 84 50 46 51 60 19 1
Microchip Technology Incorporated 33.0B 65 84 76 72 66 79 20 1
GLOBALFOUNDRIES Inc. 23.9B 81 65 74 82 74 78 21 1
ON Semiconductor Corporation 22.9B 74 68 77 89 82 81 22 1
Monolithic Power Systems, Inc. 18.5B 85 64 76 92 80 84 23 1
Skyworks Solutions, Inc. 15.5B 69 77 63 46 52 62 24 1
SolarEdge Technologies, Inc. 15.5B 77 62 78 96 85 81 25 1
Teradyne, Inc. 15.3B 49 81 62 45 47 52 26 1
Entegris, Inc. 14.1B 62 70 75 55 78 70 27 1
Qorvo, Inc. 10.2B 64 83 64 67 55 67 28 1
Wolfspeed, Inc. 8.2B 96 63 59 97 55 74 29 1
First Solar, Inc. 7.2B 76 70 50 58 58 59 30 1
Lattice Semiconductor Corporation 6.8B 53 79 78 60 64 68 31 1
MKS Instruments, Inc. 5.8B 60 73 73 76 72 70 32 1
Silicon Laboratories Inc. 5.3B 89 81 59 45 48 72 33 1
Universal Display Corporation 5.2B 57 76 83 85 69 75 34 1
CMC Materials, Inc. 5.1B 65 78 73 87 82 81 35 1
Tower Semiconductor Ltd. 5.1B 68 72 69 61 58 65 36 1
Daqo New Energy Corp. 5.0B 91 62 81 95 93 93 37 1
Synaptics Incorporated 4.9B 71 71 79 92 76 81 38 1
Power Integrations, Inc. 4.4B 56 82 58 79 53 61 39 1
Amkor Technology, Inc. 4.2B 70 68 75 74 77 75 40 1
Cirrus Logic, Inc. 4.1B 73 76 81 96 73 86 41 1
Allegro MicroSystems, Inc. 4.0B 68 69 74 81 76 74 42 1
Onto Innovation Inc. 3.6B 83 70 67 72 73 78 43 1
Semtech Corporation 3.5B 58 79 68 67 64 67 44 1
MACOM Technology Solutions Holdings, Inc. 3.3B 65 75 74 38 74 70 45 1
JinkoSolar Holding Co., Ltd. 3.2B 86 62 77 94 94 89 46 1
FormFactor, Inc. 3.1B 72 70 84 82 80 84 47 1
Diodes Incorporated 3.0B 47 78 71 51 71 62 48 1
SunPower Corporation 3.0B 72 81 42 83 54 61 49 1
Silicon Motion Technology Corporation 2.8B 40 85 60 40 48 54 50 1
MaxLinear, Inc. 2.7B 68 71 75 85 74 76 51 1
Nova Ltd. 2.7B 86 45 75 48 82 61 52 1
Ambarella, Inc. 2.6B 46 75 74 86 65 64 53 1
Kulicke and Soffa Industries, Inc. 2.6B 46 83 60 76 56 58 54 1
Rambus Inc. 2.4B 43 83 41 95 54 48 55 1
Canadian Solar Inc. 2.0B 91 54 59 62 62 59 56 1
Axcelis Technologies, Inc. 1.9B 76 68 84 71 73 81 57 1
Credo Technology Group Holding Ltd 1.7B 94 61 78 79 86 88 58 1
Himax Technologies, Inc. 1.6B 78 55 91 85 95 77 59 1
Impinj, Inc. 1.4B 63 68 79 39 92 72 60 1
Ultra Clean Holdings, Inc. 1.4B 56 78 69 48 67 63 61 1
Cohu, Inc. 1.3B 53 82 57 59 58 58 62 1
Photronics, Inc. 1.2B 53 85 66 76 66 69 63 1
SMART Global Holdings, Inc. 1.0B 89 63 75 95 82 86 64 1
Veeco Instruments Inc. 1.0B 84 71 41 78 47 58 65 1
Alpha and Omega Semiconductor Limited 929.5M 89 63 68 87 67 77 66 1
NeoPhotonics Corporation 838.5M 89 66 49 72 64 66 67 1
PDF Solutions, Inc. 808.6M 54 81 63 90 51 63 68 1
CEVA, Inc. 778.5M 81 74 60 87 60 73 69 1
Ichor Holdings, Ltd. 754.1M 59 76 66 38 63 60 70 1
indie Semiconductor, Inc. 720.1M 48 54 72 56 55 44 71 1
Magnachip Semiconductor Corporation 667.1M 56 78 79 72 72 74 72 1
Mykrolis Corp. 657.1M 77 53 73 92 79 72 73 1
Maxeon Solar Technologies, Ltd. 575.9M 87 68 40 78 38 53 74 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 60 71 61 60 69 56 75 1
Rigetti Computing, Inc. 413.5M 93 62 85 99 98 98 76 1
Meta Materials Inc. 396.9M 51 78 42 41 51 42 77 1
Valens Semiconductor Ltd. 357.2M 92 70 66 45 72 75 78 1
Rockley Photonics Holdings Limited 305.7M 49 82 40 37 52 42 79 1
Transphorm, Inc. 255.8M 41 86 39 47 54 45 80 1

Income Statement Analysis

SiTime appears likely to maintain its strong income statement metrics and momentum going forward. SiTime's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 54.5, which represents a 31.9% change from the last 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. Consequently, their EBITDA movement received a grade of 93. Also, SiTime's reported return on equity (ROE) ratio was 8.8, representing a change of 1.7%. Its return factor metrics are even more remarkable when compared to their peers. Therefore, its return factors component earned a score of 78. That said, one metric, Revenue Efficiency, stood out as particularly concerning. SiTime management did an underwhelming job managing revenue efficiency this past period. SiTime's revenue efficiency is 253.5 according to the metrics in the current filing, which represents a 15.9% change from the previous report. 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 40. Therefore, it received a score of 64.

Parameter Value Change Score
EBITDA 54.5 31.9% 93
Total Revenues 253.5 15.9% 40
Return on Equity 8.8 1.7% 78
* All values are TTM

The below chart describes SiTime's performance as reflected on its income statement with respect to its peers. While SiTime received a income statement score of 64 , the average of its peers stands on 61.0.

  •  SITM
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Enphase Energy, Inc. 25.7B 45 74 55 57 0 1
Camtek Ltd. 1.1B 50 81 71 68 1 1
ACM Research, Inc. 917.6M 88 43 42 67 2 1
Hanwha Q CELLS Co., Ltd. 818.9M 90 59 63 70 3 1
Navitas Semiconductor Corporation 533.1M 56 44 74 53 4 1
Helix Technology Corporation 364.9M 89 47 50 74 5 1
CyberOptics Corporation 272.8M 54 86 87 71 6 1
NVIDIA Corporation 400.2B 46 83 67 63 7 1
Intel Corporation 154.5B 90 55 74 76 8 1
QUALCOMM Incorporated 147.4B 48 87 78 66 9 1
Texas Instruments Incorporated 142.2B 69 78 70 74 10 1
Advanced Micro Devices, Inc. 130.9B 40 89 38 59 11 1
Broadcom Inc. 102.5B 59 80 90 71 12 1
Applied Materials, Inc. 82.7B 72 68 73 72 13 1
Analog Devices, Inc. 77.2B 40 91 92 65 14 1
Micron Technology, Inc. 64.6B 59 87 90 74 15 1
Lam Research Corporation 60.8B 80 64 75 74 16 1
KLA Corporation 49.3B 56 77 76 67 17 1
NXP Semiconductors N.V. 40.5B 59 79 90 71 18 1
Marvell Technology, Inc. 38.5B 41 89 87 64 19 1
Microchip Technology Incorporated 33.0B 57 83 92 71 20 1
GLOBALFOUNDRIES Inc. 23.9B 50 92 86 70 21 1
ON Semiconductor Corporation 22.9B 53 92 94 73 22 1
Monolithic Power Systems, Inc. 18.5B 45 90 83 66 23 1
Skyworks Solutions, Inc. 15.5B 69 71 63 70 24 1
SolarEdge Technologies, Inc. 15.5B 41 70 48 53 25 1
Teradyne, Inc. 15.3B 88 57 62 75 26 1
Entegris, Inc. 14.1B 56 80 80 69 27 1
Qorvo, Inc. 10.2B 76 65 63 72 28 1
Wolfspeed, Inc. 8.2B 49 90 86 69 29 1
First Solar, Inc. 7.2B 98 43 40 73 30 1
Lattice Semiconductor Corporation 6.8B 54 88 89 71 31 1
MKS Instruments, Inc. 5.8B 78 67 65 74 32 1
Silicon Laboratories Inc. 5.3B 44 96 98 70 33 1
Universal Display Corporation 5.2B 71 64 61 68 34 1
CMC Materials, Inc. 5.1B 72 75 93 76 35 1
Tower Semiconductor Ltd. 5.1B 63 87 82 79 36 1
Daqo New Energy Corp. 5.0B 37 95 94 65 37 1
Synaptics Incorporated 4.9B 45 91 90 68 38 1
Power Integrations, Inc. 4.4B 80 76 82 80 39 1
Amkor Technology, Inc. 4.2B 63 76 77 70 40 1
Cirrus Logic, Inc. 4.1B 42 92 93 67 41 1
Allegro MicroSystems, Inc. 4.0B 68 48 69 61 42 1
Onto Innovation Inc. 3.6B 47 87 89 67 43 1
Semtech Corporation 3.5B 64 84 87 75 44 1
MACOM Technology Solutions Holdings, Inc. 3.3B 74 77 72 76 45 1
JinkoSolar Holding Co., Ltd. 3.2B 38 89 82 62 46 1
FormFactor, Inc. 3.1B 79 76 83 80 47 1
Diodes Incorporated 3.0B 66 83 86 76 48 1
SunPower Corporation 3.0B 49 43 74 49 49 1
Silicon Motion Technology Corporation 2.8B 54 83 78 72 50 1
MaxLinear, Inc. 2.7B 56 92 96 75 51 1
Nova Ltd. 2.7B 41 89 78 69 52 1
Ambarella, Inc. 2.6B 56 89 79 72 53 1
Kulicke and Soffa Industries, Inc. 2.6B 73 82 85 79 54 1
Rambus Inc. 2.4B 48 86 60 64 55 1
Canadian Solar Inc. 2.0B 73 76 53 72 56 1
Axcelis Technologies, Inc. 1.9B 44 91 91 67 57 1
Credo Technology Group Holding Ltd 1.7B 38 88 61 60 58 1
Himax Technologies, Inc. 1.6B 53 84 66 70 59 1
Impinj, Inc. 1.4B 64 53 51 59 60 1
Ultra Clean Holdings, Inc. 1.4B 53 73 71 63 61 1
Cohu, Inc. 1.3B 92 53 49 75 62 1
Photronics, Inc. 1.2B 55 86 92 71 63 1
SMART Global Holdings, Inc. 1.0B 48 87 66 65 64 1
Veeco Instruments Inc. 1.0B 66 84 91 76 65 1
Alpha and Omega Semiconductor Limited 929.5M 62 75 76 69 66 1
NeoPhotonics Corporation 838.5M 45 95 90 69 67 1
PDF Solutions, Inc. 808.6M 49 95 88 71 68 1
CEVA, Inc. 778.5M 51 90 97 71 69 1
Ichor Holdings, Ltd. 754.1M 72 60 54 67 70 1
indie Semiconductor, Inc. 720.1M 37 46 71 43 71 1
Magnachip Semiconductor Corporation 667.1M 94 80 88 90 72 1
Mykrolis Corp. 657.1M 68 68 58 67 73 1
Maxeon Solar Technologies, Ltd. 575.9M 50 49 60 49 74 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 87 49 76 66 75 1
Rigetti Computing, Inc. 413.5M 92 43 69 72 76 1
Meta Materials Inc. 396.9M 37 45 72 43 77 1
Valens Semiconductor Ltd. 357.2M 41 86 65 65 78 1
Rockley Photonics Holdings Limited 305.7M 97 50 85 79 79 1
Transphorm, Inc. 255.8M 37 81 97 68 80 1

Cash Flow Analysis

Free Cash flow and Net Cash Flow stand out as the most significant drivers of SiTime's cash flow's strength. SiTime's published free cash flow numbers were substantial and reflected management's focus on a healthy change strategy. SiTime recorded free cash flow of 1.8, which represents a 34.7% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. Consequently, their free cash flow movement received a grade of 87. Also, SiTime's strong net cash flow numbers, which were 314.5 in this filing, showed a -35.3% change from the last period. 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 83. At the same time, one critical cash flow metric, Asset Turnover, was notably weak. SiTime's asset turnover numbers were discouraging, reflecting significant concerns related to management's ability to leverage assets to generate sales effectively and efficiently. SiTime recorded asset turnover of 0.5, which represents a -7.7% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 10.7%. Their asset turnover numbers are significantly less impressive when compared to their peers and competitors. Therefore, their asset turnover movement earned a score of 44. Their cash flow received an overall score of 62.

Parameter Value Change Score
Net Cashflow 314.5 -35.3% 83
Capital Expenditure -34.5 -11.6% 56
Asset Turnover 0.5 -7.7% 44
Free Cashflow 1.8 34.7% 87
* All values are TTM

The below chart describes SiTime's performance as reflected on its cash flow with respect to its peers. While SiTime received a cash flow score of 62, the average of its peers stands on 66.0.

  •  SITM
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Enphase Energy, Inc. 25.7B 89 77 64 41 60 0 1
Camtek Ltd. 1.1B 69 70 74 72 71 1 1
ACM Research, Inc. 917.6M 61 43 50 54 50 2 1
Hanwha Q CELLS Co., Ltd. 818.9M 64 63 74 73 68 3 1
Navitas Semiconductor Corporation 533.1M 70 87 94 93 90 4 1
Helix Technology Corporation 364.9M 75 62 63 56 61 5 1
CyberOptics Corporation 272.8M 49 74 89 77 72 6 1
NVIDIA Corporation 400.2B 93 65 61 86 82 7 1
Intel Corporation 154.5B 58 72 68 53 58 8 1
QUALCOMM Incorporated 147.4B 65 65 70 87 77 9 1
Texas Instruments Incorporated 142.2B 74 74 63 69 70 10 1
Advanced Micro Devices, Inc. 130.9B 93 66 69 37 57 11 1
Broadcom Inc. 102.5B 75 76 87 89 85 12 1
Applied Materials, Inc. 82.7B 75 59 69 72 69 13 1
Analog Devices, Inc. 77.2B 78 76 51 94 84 14 1
Micron Technology, Inc. 64.6B 81 85 81 74 80 15 1
Lam Research Corporation 60.8B 72 60 56 75 69 16 1
KLA Corporation 49.3B 70 76 52 79 74 17 1
NXP Semiconductors N.V. 40.5B 59 72 51 85 73 18 1
Marvell Technology, Inc. 38.5B 94 84 58 46 65 19 1
Microchip Technology Incorporated 33.0B 80 79 48 84 79 20 1
GLOBALFOUNDRIES Inc. 23.9B 54 86 45 64 63 21 1
ON Semiconductor Corporation 22.9B 60 79 55 74 70 22 1
Monolithic Power Systems, Inc. 18.5B 84 78 59 74 77 23 1
Skyworks Solutions, Inc. 15.5B 78 57 79 73 71 24 1
SolarEdge Technologies, Inc. 15.5B 46 38 55 52 43 25 1
Teradyne, Inc. 15.3B 75 65 66 68 68 26 1
Entegris, Inc. 14.1B 61 57 50 76 65 27 1
Qorvo, Inc. 10.2B 78 65 87 71 73 28 1
Wolfspeed, Inc. 8.2B 57 74 76 46 55 29 1
First Solar, Inc. 7.2B 47 85 56 46 53 30 1
Lattice Semiconductor Corporation 6.8B 79 77 43 82 77 31 1
MKS Instruments, Inc. 5.8B 58 58 92 56 59 32 1
Silicon Laboratories Inc. 5.3B 71 89 81 87 86 33 1
Universal Display Corporation 5.2B 75 81 68 65 71 34 1
CMC Materials, Inc. 5.1B 72 66 68 80 74 35 1
Tower Semiconductor Ltd. 5.1B 76 57 55 59 68 36 1
Daqo New Energy Corp. 5.0B 78 86 63 96 89 37 1
Synaptics Incorporated 4.9B 85 62 98 55 66 38 1
Power Integrations, Inc. 4.4B 88 77 64 82 82 39 1
Amkor Technology, Inc. 4.2B 46 57 62 71 60 40 1
Cirrus Logic, Inc. 4.1B 83 98 61 90 90 41 1
Allegro MicroSystems, Inc. 4.0B 56 56 77 56 56 42 1
Onto Innovation Inc. 3.6B 94 65 88 85 85 43 1
Semtech Corporation 3.5B 79 78 58 79 77 44 1
MACOM Technology Solutions Holdings, Inc. 3.3B 46 78 54 78 68 45 1
JinkoSolar Holding Co., Ltd. 3.2B 68 69 73 78 74 46 1
FormFactor, Inc. 3.1B 78 81 66 58 67 47 1
Diodes Incorporated 3.0B 77 61 52 80 72 48 1
SunPower Corporation 3.0B 84 41 39 93 74 49 1
Silicon Motion Technology Corporation 2.8B 63 53 46 85 61 50 1
MaxLinear, Inc. 2.7B 90 92 80 81 88 51 1
Nova Ltd. 2.7B 58 53 39 58 54 52 1
Ambarella, Inc. 2.6B 84 95 45 75 79 53 1
Kulicke and Soffa Industries, Inc. 2.6B 93 81 83 74 82 54 1
Rambus Inc. 2.4B 96 73 89 88 89 55 1
Canadian Solar Inc. 2.0B 69 70 74 66 71 56 1
Axcelis Technologies, Inc. 1.9B 81 77 68 84 82 57 1
Credo Technology Group Holding Ltd 1.7B 60 85 37 43 53 58 1
Himax Technologies, Inc. 1.6B 66 77 48 77 66 59 1
Impinj, Inc. 1.4B 70 38 85 73 65 60 1
Ultra Clean Holdings, Inc. 1.4B 68 41 41 76 61 61 1
Cohu, Inc. 1.3B 92 62 71 44 59 62 1
Photronics, Inc. 1.2B 65 92 96 79 82 63 1
SMART Global Holdings, Inc. 1.0B 48 85 95 53 62 64 1
Veeco Instruments Inc. 1.0B 74 82 48 69 71 65 1
Alpha and Omega Semiconductor Limited 929.5M 49 64 45 60 54 66 1
NeoPhotonics Corporation 838.5M 50 63 67 87 71 67 1
PDF Solutions, Inc. 808.6M 81 98 45 92 89 68 1
CEVA, Inc. 778.5M 57 54 84 83 71 69 1
Ichor Holdings, Ltd. 754.1M 51 37 87 70 58 70 1
indie Semiconductor, Inc. 720.1M 69 80 52 98 85 71 1
Magnachip Semiconductor Corporation 667.1M 65 56 76 54 57 72 1
Mykrolis Corp. 657.1M 65 69 68 82 75 73 1
Maxeon Solar Technologies, Ltd. 575.9M 87 90 59 88 84 74 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 66 64 68 94 73 75 1
Rigetti Computing, Inc. 413.5M 48 76 51 60 58 76 1
Meta Materials Inc. 396.9M 85 56 68 97 84 77 1
Valens Semiconductor Ltd. 357.2M 53 89 90 47 66 78 1
Rockley Photonics Holdings Limited 305.7M 79 72 66 47 60 79 1
Transphorm, Inc. 255.8M 81 88 96 95 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.