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MagnaChip Semiconductor Corp Stock Research

MX

7.71USD-0.13(-1.66%)Market Closed
Watchlist

Market Summary

USD7.71-0.13
Market Closed
-1.66%

MX Alerts

  • 2 major insider buys recently.
  • Big fall in Revenue (Y/Y)
  • Losses in recent quarter

MX Stock Price

MX RSI Chart

MX Valuation

Market Cap

309.4M

Price/Earnings (Trailing)

-7.81

Price/Sales (Trailing)

1.24

EV/EBITDA

-5.38

Price/Free Cashflow

-6.86

MX Price/Sales (Trailing)

MX Profitability

EBT Margin

-13.28%

Return on Equity

-9.92%

Return on Assets

-8%

Free Cashflow Yield

-14.58%

MX Fundamentals

MX Revenue

Revenue (TTM)

250.2M

Revenue Y/Y

-39.85%

Revenue Q/Q

6.97%

MX Earnings

Earnings (TTM)

-39.6M

Earnings Y/Y

-18.17%

Earnings Q/Q

81.62%

Price Action

52 Week Range

7.5711.68
(Low)(High)

Last 7 days

-4.2%

Last 30 days

-8%

Last 90 days

-31.6%

Trailing 12 Months

-30.8%

MX Financial Health

Current Ratio

5.91

MX Investor Care

Buy Backs (1Y)

10.61%

Diluted EPS (TTM)

-0.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-15
NATHAN GILBERT E
bought
83,900
8.39
10,000
-
2023-08-15
Chung Kyo-Hwa Liz
back to issuer
-46,515
8.41
-5,531
-
2023-08-14
Kim Young-Joon
bought
91,023
8.36
10,888
see remarks
2023-06-01
Chung Kyo-Hwa Liz
acquired
-
-
18,539
-
2023-06-01
Park Chan Ho
sold (taxes)
-10,732
10.26
-1,046
see remarks
2023-06-01
Tanner Gary W.
acquired
-
-
21,717
-
2023-06-01
MARTINO CAMILLO
acquired
-
-
21,717
-
2023-06-01
KEATING MELVIN L
acquired
-
-
20,657
-
2023-06-01
NATHAN GILBERT E
acquired
-
-
17,479
-

1–10 of 50

Which funds bought or sold MX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-08-23
WOLVERINE TRADING, LLC
new
-
125,787
125,787
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.63
57,969
418,098
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-35.06
-15,697
56,423
-%
2023-08-17
Orion Portfolio Solutions, LLC
reduced
-1.00
131,753
815,615
0.01%
2023-08-17
SILVERBACK ASSET MANAGEMENT LLC
unchanged
-
418,000
2,459,600
0.34%
2023-08-15
CAXTON ASSOCIATES LP
reduced
-43.28
-112,881
243,545
0.04%
2023-08-15
WELLS FARGO & COMPANY/MN
added
0.98
40,546
227,770
-%
2023-08-15
GAMCO INVESTORS, INC. ET AL
unchanged
-
21,565
126,893
-%
2023-08-15
Clearline Capital LP
added
0.08
2,289,550
13,420,100
0.78%
2023-08-15
ALLIANCEBERNSTEIN L.P.
added
0.38
5,840,160
33,742,400
0.01%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of MagnaChip Semiconductor

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 15, 2023
oaktree capital management lp
6.7%
2,849,858
SC 13G
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

Recent SEC filings of MagnaChip Semiconductor

View All Filings
Date Filed Form Type Document
Sep 06, 2023
8-K
Current Report
Aug 21, 2023
4/A
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 16, 2023
4
Insider Trading
Aug 08, 2023
10-Q
Quarterly Report
Aug 07, 2023
8-K
Current Report
Jul 26, 2023
8-K
Current Report
Jul 17, 2023
8-K
Current Report
Jun 23, 2023
S-8
Employee Benefits Plan

Peers (Alternatives to MagnaChip Semiconductor)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-10.07% 220.66%
101.17
31.96
9.90% 33.38%
343.0B
35.5B
-4.00% 72.51%
25.06
9.68
11.91% 53.33%
161.9B
21.9B
-7.28% 33.34%
-6.5K
7.4
1.39% -100.80%
147.2B
18.8B
-3.48% -1.61%
19.15
7.82
-3.94% -10.38%
145.1B
54.0B
4.68% 22.88%
-157.35
2.68
-26.36% -104.83%
18.1B
3.0B
-6.86% 26.95%
115.58
6.05
20.63% -17.29%
11.7B
722.9M
-7.22% 65.38%
56.93
16.13
23.44% 50.75%
MID-CAP
5.5B
6.9B
-12.42% 23.72%
9.5
0.8
6.33% -16.28%
4.5B
514.5M
-4.14% 15.96%
49.9
8.77
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-2.70% 33.62%
-44.3
0.67
-7.23% -137.93%
877.0M
1.1B
-12.41% 10.30%
38.86
0.82
-8.91% -64.16%
790.1M
691.3M
-8.49% -14.61%
63.9
1.14
-11.09% -97.27%
483.0M
122.0M
-0.73% -25.65%
-15.55
3.96
-9.27% -3581.39%
309.4M
250.2M
-8.00% -30.79%
-7.81
1.24
-43.50% -156.17%

MagnaChip Semiconductor News

Defense World
Reviewing Magnachip Semiconductor (NYSE:MX) & LDK Solar ....
Defense World,
2 days ago
Insider Monkey
5 Korean Stocks Listed in the U.S..
Insider Monkey,
33 days ago
Seeking Alpha
Insider Monkey
23 Most Gay Friendly Cities in the US.
Insider Monkey,
41 days ago
Insider Monkey
20 Most Grown Crops In The World.
Insider Monkey,
41 days ago
Insider Monkey
Insider Monkey
Insider Monkey
Insider Monkey

Returns for MX

Cumulative Returns on MX

-10.0%


10-Year Cumulative Returns

-0.5%


7-Year Cumulative Returns

-4.8%


5-Year Cumulative Returns

-16.1%


3-Year Cumulative Returns

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.

57.7%


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

Financials for MagnaChip Semiconductor

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-13.9%250291338387443455474507505510507487512534521577634692751746717
Gross Profit-20.7%59.0074.00101124153158154153135134128120127127116130150173198204198
Operating Expenses-2.4%11211410755.0054.0060.0070.0012512311510197.0092.0092.0093.0047.0064.0081.0094.00156154
  S&GA Expenses-1.2%48.0049.0051.0052.0053.0054.0052.0052.0052.0051.0050.0051.0049.0048.0048.0026.0034.0042.0048.0079.0077.00
  R&D Expenses-4.0%52.0054.0052.0051.0050.0050.0051.0051.0051.0049.0046.0045.0043.0043.0045.0021.0029.0039.0046.0078.0076.00
EBITDA100.0%--23.1212.0067.0010211190.0049.0051.0060.0050.0054.0040.0025.0034.00------
EBITDA Margin100.0%--0.08*0.04*0.17*0.23*0.24*0.19*0.10*0.10*0.12*0.10*0.11*0.08*0.05*0.06*------
Interest Expenses-------2.005.0015.0015.0022.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.00
Earnings Before Taxes-7.0%-41.27-38.59-2.8852.0088.0094.0074.0030.0023.0033.0011.0013.00-7.07-27.23-18.21-70.43-39.09-51.37-26.8645.0033.00
EBT Margin100.0%--0.13*-0.01*0.14*0.20*0.21*0.16*0.06*0.05*0.07*0.02*0.03*-0.01*-0.05*-0.03*------
Net Income-1.6%-39.64-39.03-8.0443.0071.0074.0057.0070.0033236134530227.00-11.45-21.83-47.63-28.80-40.79-3.9042.0031.00
Net Income Margin100.0%--0.13*-0.02*0.11*0.16*0.16*0.12*0.14*0.66*0.71*0.68*0.62*0.05*-0.02*-0.04*------
Free Cashflow100.0%--22.36-18.2377.0073.0047.0056.00-47.17-71.35-26.20-28.6349.0074.0068.0028.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-9.0%444488517536576588584563558551572757615580595588588580583613571
  Current Assets-12.8%275315338379410422409392396395410664530496379374356339353385350
    Cash Equivalents-18.5%173212225251274285280276272290280542193157152131124106132133132
  Inventory-11.1%32.0036.0040.0037.0036.0037.0039.0039.0041.0030.0039.0034.0046.0037.0041.0073.0067.0081.0072.0072.0057.00
  Net PPE-3.3%10110511194.0097.0010310810395.0091.0096.0077.0069.0067.0073.00179192202202200197
Liabilities-15.9%79.0094.0088.00123128127131129135131226479609601610622636626601630605
  Current Liabilities-14.4%46.0053.0047.0074.0079.0084.0085.0077.0083.0080.00174419328321134152158150133160140
    LT Debt, Current-----------83.0030783.0082.00-------
    LT Debt, Non Current-------------223223305304304303304305304
Shareholder's Equity-7.4%3643934284134484614534334234203462786.00--------
  Retained Earnings-1.3%310314336333350353344290279279287220-52.71-81.88-58.13-81.56-79.95-70.438.00-33.92-51.15
  Additional Paid-In Capital0.8%269267266265264262241257253251163160156153152146144143143141140
Shares Outstanding-5.8%40.0043.0044.0045.0045.0046.0046.0046.0046.0040.0036.0035.0035.0035.0035.0034.0034.0034.0034.0035.0034.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-9932.1%-21.730.005.0010810279.0088.00-14.05-39.238.007.0072.0090.0083.0050.0044.0035.0031.0039.0029.0035.00
  Share Based Compensation1.9%6.006.006.006.007.008.008.008.008.007.007.0010.008.007.007.002.003.004.004.005.004.00
Cashflow From Investing6.9%-24.58-26.40-24.93-42.87-28.63-32.22-31.44-29.99321324318328-20.54-26.22-28.90-34.61-35.18-40.21-33.31-32.63-41.53
Cashflow From Financing-90.8%-49.52-25.95-12.74-41.04-36.45-35.58-35.54-221-220-220-2223.001.001.00-1.80-7.14-7.44-2.531.005.006.00
  Buy Backs92.9%49.0025.0014.005.002.001.002.002.002.002.001.001.001.001.003.004.005.008.002.00--

MX Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Net sales$ 60,979$ 101,376$ 117,984$ 205,469
Cost of sales:    
Cost of sales47,44172,43192,352137,528
Gross profit13,53828,94525,63267,941
Operating expenses:    
Selling, general and administrative expenses12,13712,73624,30226,899
Research and development expenses11,25513,41024,55325,364
Early Termination And Other Charges8027979,251797
Total operating expenses24,19426,94358,10653,060
Operating income (loss)(10,656)2,002(32,474)14,881
Interest income2,6921,0615,5341,776
Interest expense(200)(499)(456)(610)
Foreign currency gain (loss), net1,237(7,012)(2,193)(7,702)
Other income (loss), net3211(32)429
Income (loss) before income tax expense(6,924)(4,237)(29,621)8,774
Income tax expense (benefit)(2,977)(897)(4,204)2,586
Net income (loss)$ (3,947)$ (3,340)$ (25,417)$ 6,188
Basic earnings (loss) per common share—$ (0.09)$ (0.07)$ (0.6)$ 0.14
Diluted earnings (loss) per common share—$ (0.09)$ (0.07)$ (0.6)$ 0.13
Weighted average number of shares—    
Basic41,741,31044,897,27842,561,51445,248,293
Diluted41,741,31044,897,27842,561,51446,329,559
Standard products business [Member]    
Revenues:    
Net sales$ 51,375$ 91,288$ 102,889$ 185,298
Cost of sales:    
Cost of sales37,86763,62075,179119,700
Gross profit13,50827,66827,71065,598
Fab 3 Foundry Services [Member]    
Revenues:    
Net sales9,60410,08815,09520,171
Cost of sales:    
Cost of sales9,5748,81117,17317,828
Gross profit$ 30$ 1,277$ (2,078)$ 2,343

MX Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 172,954$ 225,477
Accounts receivable, net35,00935,380
Inventories, net32,33739,883
Other receivables3,4987,847
Prepaid expenses9,55310,560
Hedge collateral (Note 6)2,1202,940
Other current assets (Note 16)19,07015,766
Total current assets274,541337,853
Property, plant and equipment, net101,067110,747
Operating lease right-of-use assets5,2245,265
Intangible assets, net1,7061,930
Long-term prepaid expenses7,43010,939
Deferred income taxes37,14138,324
Other non-current assets16,62611,587
Total assets443,735516,645
Current liabilities  
Accounts payable20,36717,998
Other accounts payable8,4739,702
Accrued expenses (Note 5)10,4569,688
Accrued income taxes913,154
Operating lease liabilities1,7451,397
Other current liabilities4,5065,306
Total current liabilities45,63847,245
Accrued severance benefits, net20,12323,121
Non-current operating lease liabilities3,6714,091
Other non-current liabilities10,01114,035
Total liabilities79,44388,492
Commitments and contingencies (Note 16)
Stockholders' equity  
Common stock, $0.01 par value, 150,000,000 shares authorized, 56,449,782 shares issued and 40,133,898 outstanding at June 30, 2023 and 56,432,449 shares issued and 43,824,575 outstanding at December 31, 2022564564
Additional paid-in capital269,297266,058
Retained earnings310,089335,506
Treasury stock, 16,315,884 shares at June 30, 2023 and 12,607,874 shares at December 31, 2022, respectively(199,248)(161,422)
Accumulated other comprehensive loss(16,410)(12,553)
Total stockholders' equity364,292428,153
Total liabilities and stockholders' equity$ 443,735$ 516,645
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.