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MagnaChip Semiconductor Corp Stock Research

MX

8.95USD-0.16(-1.76%)Market Closed

Market Summary

USD8.95-0.16
Market Closed
-1.76%

MX Alerts

MX Stock Price

MX RSI Chart

MX Valuation

Market Cap

392.2M

Price/Earnings (Trailing)

-48.81

Price/Sales (Trailing)

1.16

EV/EBITDA

13.76

Price/Free Cashflow

-21.52

MX Price/Sales (Trailing)

MX Profitability

EBT Margin

-0.85%

Return on Equity

-1.88%

Return on Assets

-1.56%

Free Cashflow Yield

-4.65%

MX Fundamentals

MX Revenue

Revenue (TTM)

337.7M

Revenue Y/Y

-44.72%

Revenue Q/Q

-14.34%

MX Earnings

Earnings (TTM)

-8.0M

Earnings Y/Y

-94.46%

Earnings Q/Q

117.28%

Price Action

52 Week Range

8.4520.64
(Low)(High)

Last 7 days

2.5%

Last 30 days

-8.3%

Last 90 days

2.3%

Trailing 12 Months

-48.1%

MX Financial Health

Current Ratio

7.15

MX Investor Care

Buy Backs (1Y)

4.02%

Diluted EPS (TTM)

-0.18

Peers (Alternatives to MagnaChip Semiconductor)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
654.3B
27.0B
13.94% -4.12%
149.78
24.26
0.22% -55.21%
261.4B
34.4B
9.28% 2.93%
22.74
7.6
20.74% 70.65%
161.6B
20.0B
4.68% -2.19%
18.48
8.07
9.18% 12.61%
155.7B
23.6B
23.72% -19.27%
117.98
6.6
43.61% -58.25%
120.7B
63.1B
16.07% -41.20%
15.06
1.91
-20.21% -59.66%
22.4B
2.6B
29.59% 163.83%
-507.24
8.55
-10.40% -109.42%
12.4B
660.4M
9.49% 45.12%
69.32
18.78
28.14% 86.49%
MID-CAP
6.3B
7.1B
2.00% 7.40%
8.22
0.89
15.53% 19.10%
4.7B
651.1M
0.51% -14.12%
27.58
7.24
-7.41% 3.92%
SMALL-CAP
874.2M
1.3B
-6.57% -16.02%
12.01
0.68
16.70% 2.69%
786.5M
1.8B
-5.74% -39.41%
15.11
0.43
8.07% 32.37%
709.0M
794.4M
-5.16% -60.53%
8.96
0.89
9.29% -82.10%
673.9M
134.6M
-8.34% -27.95%
-29.07
5.01
9.73% -5954.29%
392.2M
337.7M
-8.30% -48.12%
-48.81
1.16
-28.80% -114.17%

Financials for MagnaChip Semiconductor

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-12.8%338387443455474
Gross Profit-18.2%101124153158154
Operating Expenses93.6%10755.0054.0060.0070.00
  S&GA Expenses-1.3%51.0052.0053.0054.0052.00
  R&D Expenses2.9%52.0051.0050.0050.0051.00
EBITDA-82.0%12.0067.00102111-
EBITDA Margin-79.4%0.04*0.17*0.23*0.24*-
Earnings Before Taxes-105.5%-2.8852.0088.0094.0074.00
EBT Margin-106.3%-0.01*0.14*0.20*0.21*-
Interest Expenses-2.00----
Net Income-118.9%-8.0443.0071.0074.0057.00
Net Income Margin-121.6%-0.02*0.11*0.16*0.16*-
Free Cahsflow-123.6%-18.2377.0073.0047.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-3.6%517536576588584
  Current Assets-10.9%338379410422409
    Cash Equivalents-10.1%225251274285280
  Inventory6.9%40.0037.0036.0037.0039.00
  Net PPE17.3%11194.0097.00103108
Liabilities-28.1%88.00123128127131
  Current Liabilities-36.5%47.0074.0079.0084.0085.00
Shareholder's Equity3.6%428413448461453
  Retained Earnings0.9%336333350353344
  Additional Paid-In Capital0.6%266265264262241
Accumulated Depreciation-6.8%86.0093.0096.0094.00-
Shares Outstanding-1.7%44.0045.0045.0045.0046.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-95.2%5.0010810279.0088.00
  Share Based Compensation-1.6%6.006.007.008.008.00
Cashflow From Investing41.8%-24.93-42.87-28.63-32.22-31.44
Cashflow From Financing69.0%-12.74-41.04-36.45-35.58-35.54
  Buy Backs175.6%14.005.002.001.002.00

Risks for MX

What is the probability of a big loss on MX?

96.9%


Probability that MagnaChip Semiconductor stock will be more than 20% underwater in next one year

81.2%


Probability that MagnaChip Semiconductor stock will be more than 30% underwater in next one year.

51.1%


Probability that MagnaChip Semiconductor stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if MagnaChip Semiconductor was unfortunately bought at previous high price.

Drawdowns

Returns for MX

Cumulative Returns on MX

-6.4%


10-Year Cumulative Returns

8.9%


7-Year Cumulative Returns

-1.0%


5-Year Cumulative Returns

-1.1%


3-Year Cumulative Returns

What are the long-term rolling returns for MX?

FIve years rolling returns for MagnaChip Semiconductor.

Annualized Returns

Which funds bought or sold MX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
sold off
-100
-157,000
-
-%
2023-02-27
Parallax Volatility Advisers, L.P.
sold off
-100
-389,000
-
-%
2023-02-24
NATIXIS
added
104
532,275
1,150,280
0.01%
2023-02-15
ALLIANCEBERNSTEIN L.P.
added
43.54
7,198,610
29,962,600
0.01%
2023-02-15
GABELLI & Co INVESTMENT ADVISERS, INC.
reduced
-19.51
-546,115
1,537,880
0.33%
2023-02-15
B. Riley Asset Management, LLC
added
26.81
701,626
5,008,630
2.24%
2023-02-15
SYSTEMATIC FINANCIAL MANAGEMENT LP
added
25.21
2,650,170
20,540,200
0.67%
2023-02-15
State of Wyoming
added
31.64
22,930
131,930
0.04%
2023-02-15
JANE STREET GROUP, LLC
added
122
407,531
797,531
-%
2023-02-14
TWO SIGMA ADVISERS, LP
added
56.89
1,191,540
3,907,540
0.01%

1–10 of 40

Latest Funds Activity

Are funds buying MX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MX
No. of Funds

MagnaChip Semiconductor News

AUTO Connected Car News

Connected Car News: Lear, NVIDIA, TuneIn, Fisker, Magnachip, GM ....

AUTO Connected Car News,
29 hours ago

Seeking Alpha

evertiq.com

Schedule 13G FIlings of MagnaChip Semiconductor

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
toronado partners, llc
5.46%
2,410,910
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
7.2%
3,190,906
SC 13G
Feb 14, 2022
rubric capital management lp
1.88%
872,308
SC 13G/A
Feb 14, 2022
oaktree capital management lp
4.95%
2,300,000
SC 13G/A
Feb 11, 2022
toronado partners, llc
5.00%
2,323,636
SC 13G/A
Nov 10, 2021
morgan stanley
2.0%
932,921
SC 13G/A
Oct 08, 2021
federated hermes, inc.
4.30%
1,998,604
SC 13G/A
May 24, 2021
brigade capital management, lp
2.9%
1,345,786
SC 13G/A
Feb 16, 2021
rubric capital management lp
7.35%
2,612,588
SC 13G/A
Feb 16, 2021
hood river capital management llc
0%
0
SC 13G/A

MX Fair Value

MagnaChip Semiconductor fair value in different scenarios

The table shows the Fair Value estimates for MagnaChip Semiconductor for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

3.78

-57.77%

4.06

-54.64%

4.91

-45.14%

5.82

-34.97%

6.47

-27.71%
Current Inflation

3.73

-58.32%

4.00

-55.31%

4.79

-46.48%

5.60

-37.43%

6.20

-30.73%
Very High Inflation

3.66

-59.11%

3.91

-56.31%

4.62

-48.38%

5.33

-40.45%

5.85

-34.64%

Historical MagnaChip Semiconductor Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of MagnaChip Semiconductor

View All Filings
Date Filed Form Type Document
Mar 27, 2023
4
Insider Trading
Mar 27, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Feb 22, 2023
10-K
Annual Report
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 16, 2023
8-K
Current Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G
Major Ownership Report

Latest Insider Trading transactions for MX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-12
Park Shin Young
sold (taxes)
-14,282
9.39
-1,521
see remarks
2023-02-16
Kim Theodore S
acquired
-
-
79,268
see remarks
2023-02-16
Kim Young-Joon
acquired
-
-
151,126
see remarks
2023-02-16
Park Shin Young
acquired
-
-
37,523
see remarks
2022-12-31
Park Shin Young
sold (taxes)
-39,813
9.39
-4,240
chief financial officer (4)
2022-12-31
Lee Woung Moo
sold (taxes)
-61,767
9.39
-6,578
see remarks
2022-12-31
Kim Young-Joon
sold (taxes)
-121,338
9.39
-12,922
see remarks
2022-12-31
Kim Theodore S
sold (taxes)
-77,383
9.39
-8,241
see remarks
2022-08-31
Chung Kyo-Hwa Liz
back to issuer
-49,420
11.7
-4,224
-
2022-08-15
KEATING MELVIN L
acquired
-
-
13,694
-

1–10 of 50

Young-Joon Kim
890
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2004 and is based in Luxembourg, Luxembourg.

MX Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net sales$ 337,658$ 474,230$ 507,059
Cost of sales236,394320,687378,742
Gross profit101,264153,543128,317
Operating expenses:   
Selling, general and administrative expenses50,87252,44049,974
Research and development expenses52,33851,21245,698
Merger-related costs (income), net0(35,527)653
Early termination and other charges, net3,2982,0114,976
Total operating expenses106,50870,136101,301
Operating income (loss):(5,244)83,40727,016
Interest income5,9802,6092,740
Interest expense(1,157)(1,371)(18,147)
Foreign currency loss, net(3,019)(11,853)(382)
Loss on early extinguishment of borrowings00(766)
Other income, net5611,177370
Income (loss) from continuing operations before income tax expense (benefit)(2,879)73,96910,831
Income tax expense (benefit)5,15717,261(46,228)
Income (loss) from continuing operations(8,036)56,70857,059
Income from discontinued operations, net of tax  287,906
Net income (loss)$ (8,036)$ 56,708$ 344,965
Basic earnings (loss) per common share—   
Continuing operations$ (0.18)$ 1.26$ 1.62
Discontinued operations008.18
Total(0.18)1.269.8
Diluted earnings (loss) per common share—   
Continuing operations(0.18)1.211.35
Discontinued operations006.19
Total$ (0.18)$ 1.21$ 7.54
Weighted average number of shares—   
Basic44,850,79144,879,41235,213,525
Diluted44,850,79147,709,37346,503,586
Standard Products Business [Member]   
Net sales$ 301,896$ 433,099$ 465,519
Cost of sales202,347283,503338,420
Gross profit99,549149,596127,099
Fab Three Foundry Services [Member]   
Net sales35,76241,13141,540
Cost of sales34,04737,18440,322
Gross profit$ 1,715$ 3,947$ 1,218

MX Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 225,477$ 279,547
Accounts receivable, net35,38050,954
Inventories, net39,88339,370
Other receivables (Note 18)7,84725,895
Prepaid expenses10,5607,675
Hedge collateral (Note 10)2,9403,060
Other current assets (Note 1)15,7662,619
Total current assets337,853409,120
Property, plant and equipment, net110,747107,882
Operating lease right-of-use assets5,2654,275
Intangible assets, net1,9302,377
Long-term prepaid expenses10,9398,243
Deferred income taxes (Note 16)38,32441,095
Other non-current assets11,58710,662
Total assets516,645583,654
Current liabilities  
Accounts payable17,99837,593
Other accounts payable9,7026,289
Accrued expenses (Note 9)9,68820,071
Accrued income taxes3,15411,823
Operating lease liabilities1,3972,323
Other current liabilities5,3067,382
Total current liabilities47,24585,481
Accrued severance benefits, net23,12133,064
Non-current operating lease liabilities4,0911,952
Other non-current liabilities14,03510,395
Total liabilities88,492130,892
Commitments and contingencies (Note 20)
Stockholders' equity  
Common stock, $0.01 par value, 150,000,000 shares authorized, 56,432,449 shares issued and 43,824,575 outstanding at December 31, 2022 and 55,905,320 shares issued and 45,659,304 outstanding at December 31, 2021564559
Additional paid-in capital266,058241,197
Retained earnings335,506343,542
Treasury stock, 12,607,874 shares at December 31, 2022 and 10,246,016 shares at December 31, 2021, respectively(161,422)(130,306)
Accumulated other comprehensive loss(12,553)(2,230)
Total stockholders' equity428,153452,762
Total liabilities and stockholders' equity$ 516,645$ 583,654