Power Integrations' recent tax benefit may have inflated its profit levels, potentially masking its true earnings power. Future profitability could be impacted if such tax benefits aren't repeated. The decline in EPS over the last year is concerning.
The President of Power Integrations' recent share sale, even slightly below the current price, may indicate insiders believe the shares are fully valued. The lack of insider buying over the last year and insignificant share ownership by insiders do not provide a strong buying incentive.
The decreasing ROCE and increasing capital employed by Power Integrations, coupled with falling sales, are concerning trends. These factors do not bode well for the company's long-term performance, despite the recent rise in its stock price.
The recent selling of shares by insiders at Power Integrations without any insider purchases over the last year might raise caution among potential investors.
The downgrade in revenue estimates and EPS suggests potential headwinds for the Power Integrations' business. The reduced earning estimates and slowed revenue growth compared to wider industry rates may raise caution among investors and the market towards the company.
Q3 results are underwhelming with revenues short of Wall Street's estimates. While Power Integrations has a sturdy cash balance, its business strategy and growth prospects are questionable due to these results.
帕沃英蒂格盛股票讨论区
1997年上市,主要做电源元件业务,60%市场在香港,当前价格71.5。
5年来营收前3年增长,后两年萎缩,营业利润中间三年增长,首尾两年萎缩,净利润受其他收入和所得税波动影响较大。近5年没有利息负担。毛利率近5年除2022年暴增到56.4%以外基本在51%左右,净资产收益率2023年为7.4%。
目前市盈率73.7,即使按2019年1.9亿高点计算市盈率也达到21.4,考虑到净利润并没有稳定的增长趋势,吸引力不大。
暂无评论