$Texas Instruments (TXN.US)$The stock price has shrunk 11% s...

Launched in 1953, it is mainly engaged in semiconductor design and manufacturing business. Global market, current price is 162.

In the past 5 years, revenue grew in the middle 3 years from 2020 to 2022, shrank at an average growth rate of 2.1% in the first and last 2 years. Operating profit also increased in the middle 3 years, with an average growth rate of 0.8% and an average net profit growth rate of 3.2%.

Currently, the price-earnings ratio is 22.9, and the dividend ratio is 3.1%. Based on a 5-year average net profit of 6.73 billion yuan, the price-earnings ratio is 21.9. The valuation is not low in terms of growth stocks or cyclical stocks, and is unattractive.