$Skyworks Solutions (SWKS.US)$In the March 2022 analysis, it...

Launched in 1980, it mainly makes semiconductor devices. 75.5% of the market is in the US, and the current price is 103.6.

It has grown amid fluctuations in revenue over the past 5 years, with an average growth rate of 4.3%, of which it shrank 13% in 2023. Operating profit only increased sharply by 79% in 2021 due to acquisitions. It has been shrinking for the past four years, and net profit is similar. 2023 was only 7% higher than in 2018. Interest expenses account for 5.6% of operating profit in 2023, and the interest burden is not heavy. The gross margin has declined from 47.5% to 44.2% in the past 5 years, and the return on net assets has declined from 20.8% to 17%.

2024Q1 revenue contracted 9.6%, operating profit shrank 25.3%, and net profit shrank 25.2%.

Currently, the price-earnings ratio is 16.9, and the price-earnings ratio is 18.4. The 5-year average net profit corresponds to a price-earnings ratio of 15, so the valuation is not very attractive.