SensorsDetectors, Sensors and MemsWearablesElectronicsManufacturingSemiconductor
Description
Analysis
Bargain bin
Novatek Microelectronics Corp. falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is fair. You pay 19.7× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 6% yearly growth; analysts expect 11%. The price, in other words, assumes less than the experts do.
The trajectory is tepid and the balance sheet is sturdy. The company scores 10/20 on our value-creation score: creating some value. Analyst sentiment is cautious.
What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202391
90
2023202420252026
All-time high
100
Jan 2024
All-time low
58
Jun 2024
Average rank
86
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
55
32
45
54
Price/Earnings
65
75
78
84
Price/Book
53
23
22
25
Dividend Yield
97
95
98
100
Value (overall)
83
73
45
77
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.