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ALGM Allegro Microsystems

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  • 30.100
  • +0.970+3.33%
收盤價 04/26 16:00 (美東)
  • 29.800
  • -0.300-1.00%
盤後 19:10 (美東)
58.13億總市值26.40市盈率TTM
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    $Allegro Microsystems(ALGM.US)$在2022年3月的分析中因爲淨利潤剛增長不到一年被排除,至今股價提升5.5%。
    2020年上市,主要做磁性傳感器和功率集成電路業務,全球化市場,當前價格30.68。
    上市後營收萎縮兩年增長兩年,平均增速7.7%,其中2023年增長26.7%,營業利潤也是萎縮兩年增長兩年,平均增速40%,其中2023年增長48.9%,淨利潤平均增速50%,其中2023年增長56.8%。2023年利息費用可忽略。毛利率近4年從40.2%提升到56.1%,淨資產收益率2023年達到22%。
    2024前3季度營收增長14.9%,營業利潤增長28.6%,淨利潤增長27.5%。
    上市以來資產負債率從22.5%下降到18.2%,2024Q3猛增到27.5%,主要受大幅收購影響。 應收和存貨的比例和增速都正常。
    商譽及其他無形資產在2024Q3從0.8億猛增到5.1億,佔11.35億淨資產的45%,長期借款從0.25億猛增到2.5億,佔淨資產的22%,奇怪的是應收和存貨沒有異常增長。
    利潤表顯示2024Q3的主營業務成本大幅增加,毛利率從57.9%下滑...
    已翻譯
    The consistent reinvestment of capital at increasing rates of return by Allegro MicroSystems is a promising trend. Despite the stock remaining relatively flat over the last three years, the positive trends could make this stock worth further investigation.
    Allegro MicroSystems' next quarter revenue and EPS guidance fell short of expectations, with a shrinking gross margin. However, its EPS beat this quarter and inventory levels decreased. The Automotive segment showed strength, driven by a 45% YoY increase in e-Mobility applications.
    Allegro MicroSystems' higher P/E despite lower growth forecasts endangers shareholders' investments and potential investors might overpay. While investors hope for improved business prospects, analysts aren't as confident.
    Allegro outperformed EPS expectations, improving operating margin, yet faced criticism for uninspiring Q3 revenue forecast and rising inventory levels. The market welcomed Q2 results with a 4.04% dip in share value. Allegro's appeal as an investment should be gauged against its valuation and recent quarterly achievements.
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