SiTime Corporation (SITM) Report Analysis
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.
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.
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.
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 |
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.
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 |
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 |
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.
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 |
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 |
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.
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 |
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