SITM - SiTime Corp Stock Price, Fair Value and News

76.22USD+1.66 (+2.23%)Delayed

Market Summary

USD76.22+1.66

Delayed

2.23%

SITM Alerts

1 major insider sales recently.

SITM Stock Price

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SITM RSI Chart

SITM Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-21.48

Price/Sales (Trailing)

12.01

EV/EBITDA

-26.77

Price/Free Cashflow

-1.9K

SITM Price/Sales (Trailing)

SITM Profitability

Operating Margin

57.01%

EBT Margin

-55.82%

Return on Equity

-11.37%

Return on Assets

-8.46%

Free Cashflow Yield

-0.05%

SITM Fundamentals

SITM Revenue

Revenue (TTM)

144.0M

Rev. Growth (Yr)

-30.3%

Rev. Growth (Qtr)

19.38%

SITM Earnings

Earnings (TTM)

-80.5M

Earnings Growth (Yr)

-1.2K%

Earnings Growth (Qtr)

-10.33%

Breaking Down SITM Revenue

Last 7 days

-1.2%

Last 30 days

-18.2%

Last 90 days

-37.1%

Trailing 12 Months

-30.8%

How does SITM drawdown profile look like?

SITM Financial Health

Current Ratio

5.13

SITM Investor Care

Shares Dilution (1Y)

4.56%

Diluted EPS (TTM)

-3.63

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2023	251.7M	200.0M	162.4M	144.0M
2022	253.5M	288.4M	298.5M	283.6M
2021	130.0M	153.0M	183.3M	218.8M
2020	91.0M	96.6M	104.0M	116.2M
2019	74.3M	75.2M	78.8M	84.1M
2018	0	0	0	85.2M

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of SiTime Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	assaderaghi fariborz	sold	-116,661	90.575	-1,288	see remarks
Mar 15, 2024	sevalia piyush b	acquired	-	-	21,892	evp, marketing
Mar 15, 2024	bonnot lionel	acquired	-	-	21,892	see remarks
Mar 15, 2024	pangrazio vincent p	acquired	-	-	11,872	see remarks
Mar 15, 2024	vashist rajesh	acquired	-	-	93,821	chief executive officer
Mar 15, 2024	howe elizabeth a.	acquired	-	-	22,516	evp, chief financial officer
Mar 15, 2024	assaderaghi fariborz	acquired	-	-	21,892	see remarks
Mar 15, 2024	ahamad samsheer	acquired	-	-	17,280	see remarks
Mar 07, 2024	vashist rajesh	gifted	-	-	1,809	chief executive officer
Mar 07, 2024	vashist rajesh	gifted	-	-	-3,618	chief executive officer

Which funds bought or sold SITM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-47.83	-5,068	3,356	-%
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	-250,995	811,101	0.02%
Apr 23, 2024	AMALGAMATED BANK	reduced	-25.73	-395,000	518,000	-%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	reduced	-2.9	-1,729,970	4,963,190	0.28%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	70,948	1,106,170	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-53.43	-450,658	248,738	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	12.95	-284,941	1,788,700	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-277,975	491,007	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	added	0.06	-306,000	992,000	0.01%
Apr 18, 2024	WASATCH ADVISORS LP	reduced	-0.05	-25,776,700	83,131,100	0.44%

Are Funds Buying or Selling SITM?

Are funds buying SITM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SITM

No. of Funds

SITM Alerts

1 major insider sales recently.

Unveiling SiTime Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	megachips corp /fi	20.7%	4,700,000	SC 13G/A
Feb 13, 2024	vanguard group inc	9.43%	2,117,349	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 06, 2024	franklin resources inc	5.3%	1,198,841	SC 13G/A
Jan 23, 2024	blackrock inc.	12.0%	2,705,323	SC 13G/A
Jul 07, 2023	blackrock inc.	11.7%	2,569,540	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	7.33%	1,572,229	SC 13G/A
Feb 03, 2023	blackrock inc.	8.5%	1,821,652	SC 13G/A
Feb 01, 2023	franklin resources inc	5.5%	1,172,461	SC 13G/A

Recent SEC filings of SiTime Corp

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	ARS	ARS
Apr 16, 2024	DEF 14A	DEF 14A
Apr 16, 2024	DEFA14A	DEFA14A
Mar 28, 2024	4	Insider Trading
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to SiTime Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.0T	60.9B	-16.13%	203.64%	66.93	32.7	125.85%	581.31%
AMD	245.2B	22.7B	-15.05%	81.07%	287.1	10.81	-3.90%	-35.30%
AMAT	162.9B	26.5B	-5.95%	77.25%	22.76	6.15	0.88%	10.98%
INTC	145.9B	54.2B	-17.52%	19.46%	86.36	2.69	-14.00%	-78.92%
ADI	97.4B	11.6B	3.08%	8.48%	34.61	8.42	-8.03%	-17.90%
MID-CAP
AMKR	7.3B	6.5B	-6.31%	35.54%	20.41	1.13	-8.30%	-53.02%
CRUS	4.7B	1.8B	-4.42%	2.64%	26.43	2.6	-11.16%	-46.12%
DIOD	3.3B	1.7B	4.30%	-11.05%	14.34	1.96	-16.94%	-31.42%
ACLS	3.2B	1.1B	-9.92%	-17.03%	13.07	2.85	22.89%	34.51%
AMBA	1.7B	226.5M	-17.15%	-33.89%	-10.29	7.7	-32.92%	-159.10%
SMALL-CAP
ACMR	1.7B	557.7M	-6.66%	192.92%	21.9	3.04	43.44%	97.00%
AOSL	599.8M	640.0M	-1.76%	-9.32%	-34.98	0.94	-19.44%	-128.49%
AEHR	322.1M	71.9M	-2.02%	-53.83%	20.91	4.48	14.14%	8.17%
ATOM	151.7M	550.0K	-5.00%	9.20%	-7.67	275.88	43.98%	-13.47%
ASYS	69.1M	116.7M	-8.29%	-42.71%	-3.6	0.59	15.07%	-240.88%

SiTime Corp News

Latest updates

SiTime Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	19.4%	42,403	35,520	27,728	38,343	60,839	73,095	79,418	70,253	75,741	63,029	44,496	35,542	40,274	32,667	21,473	21,742	28,089	25,325	15,843	14,817	22,851
Cost Of Revenue	19.9%	18,710	15,603	12,290	15,302	23,080	25,799	26,744	25,020	23,619	21,334	17,669	16,725	19,203	15,765	11,490	11,766	14,641	13,178	9,469	7,228	-
Gross Profit	19.0%	23,693	19,917	15,438	23,041	37,759	47,296	52,674	45,233	52,123	41,695	26,827	18,817	21,071	16,902	9,983	9,976	13,448	12,147	6,374	7,589	13,751
Operating Expenses	13.5%	51,161	45,094	47,843	45,190	43,491	43,764	40,393	39,173	31,942	27,621	24,753	22,303	18,997	17,462	15,254	14,832	12,418	10,647	11,355	10,011	11,661
S&GA Expenses	-4.3%	20,515	21,447	21,276	20,733	19,693	19,886	18,376	18,578	16,090	14,616	12,686	11,123	10,251	8,978	7,856	7,808	6,470	4,869	5,106	4,191	-
R&D Expenses	-3.1%	22,918	23,647	26,567	24,457	23,798	23,878	22,017	20,595	15,852	13,005	12,067	11,180	8,746	8,484	7,398	7,024	5,949	5,778	6,249	5,820	-
EBITDA Margin	-54.6%	-0.45*	-0.29*	-0.12*	0.05*	0.12*	0.19*	0.22*	0.20*	0.18*	0.12*	0.05*	-0.01*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	73.00	110	313	303	394	426	456	438	-
Income Taxes	-79.6%	10.00	49.00	23.00	70.00	-41.00	3.00	52.00	68.00	11.00	4.00	23.00	40.00	-	-	-1.00	2.00	-9.00	-500*	1.00	1.00	-
Earnings Before Taxes	-10.6%	-19,988	-18,076	-25,899	-16,420	-1,569	5,786	12,911	6,208	19,870	13,964	2,046	-3,525	1,991	-667	-5,604	-5,091	624	1,079	-5,448	-2,870	-
EBT Margin	-46.3%	-0.56*	-0.38*	-0.19*	0.00*	0.08*	0.15*	0.18*	0.17*	0.15*	0.08*	0.00*	-0.06*	-	-	-	-	-	-	-	-	-
Net Income	-10.3%	-19,998	-18,125	-25,922	-16,490	-1,528	5,783	12,859	6,140	19,859	13,960	2,023	-3,565	1,991	-667	-5,603	-5,093	633	1,079	-5,449	-2,870	1,650
Net Income Margin	-46.4%	-0.56*	-0.38*	-0.19*	0.00*	0.08*	0.15*	0.18*	0.17*	0.15*	0.08*	0.00*	-0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	14.8%	-4,245	-4,985	-1,514	9,855	-1,982	-8,155	5,520	12,576	13,854	15,344	-3,207	2,209	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																		(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	27.3%	952	748	746	746	751	738	734	698	678	367	334	324	136	128	155	128	123	73.00
Current Assets	-6.5%	623	667	663	667	669	662	661	638	626	323	303	298	113	105	132	105	100	53.00
Cash Equivalents	-43.3%	9.00	17.00	-	-	35.00	42.00	-	-	559	-	-	-	74.00	-	-	-	-	-
Inventory	1.5%	66.00	65.00	64.00	60.00	58.00	45.00	34.00	31.00	24.00	20.00	18.00	15.00	12.00	15.00	15.00	14.00	12.00	21.00
Net PPE	-2.2%	55.00	56.00	56.00	57.00	59.00	56.00	52.00	44.00	38.00	31.00	21.00	15.00	12.00	11.00	10.00	10.00	9.00	11.00
Goodwill	-	87.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	552.4%	244	37.00	37.00	33.00	42.00	44.00	54.00	44.00	46.00	41.00	30.00	29.00	26.00	25.00	56.00	70.00	61.00	62.00
Current Liabilities	288.1%	121	31.00	30.00	25.00	34.00	35.00	44.00	34.00	37.00	33.00	24.00	22.00	19.00	18.00	48.00	62.00	53.00	59.00
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35.00	50.00	41.00	43.00
Shareholder's Equity	-0.3%	708	710	708	714	708	694	680	654	632	326	304	295	110	103	100	58.00	62.00	11.00
Retained Earnings	-29.2%	-88.40	-68.40	-50.28	-24.35	-7.86	-6.34	-12.12	-24.98	-31.12	-50.98	-64.94	-66.96	-63.40	-65.39	-64.72	-59.12	-54.02	-47.42
Additional Paid-In Capital	2.3%	796	779	759	738	716	701	692	679	664	377	369	362	173	168	164	117	116	58.00
Shares Outstanding	1.1%	23.00	22.00	22.00	22.00	22.00	21.00	21.00	21.00	19.00	19.00	18.00	-	-	-	-	-	-	-
Float	-	-	-	2,031	-	-	-	2,402	-	-	-	1,593	-	-	-	431,489	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	45.0%	-1,406	-2,555	68.00	11,949	4,807	-392	15,309	20,028	24,665	24,023	4,315	6,075	6,762	4,187	3,620	2,035	2,496	-294	150	5,026	-
Share Based Compensation	-2.4%	18,050	18,485	21,160	18,536	21,444	14,470	1,397	14,280	8,437	7,388	7,526	6,660	5,613	4,640	3,268	2,755	-	-	-	-	-
Cashflow From Investing	46.6%	-6,400	-11,994	-7,445	-10,821	-12,178	-530,265	-9,610	-8,035	-11,304	-10,519	-7,729	-4,236	-2,444	-2,468	-1,464	-1,417	-992	-868	-964	-378	-
Cashflow From Financing	-36.4%	563	885	-513	2,534	366	-8,026	-	-	279,058	-	-	181,588	-1.00	-34,997	29,082	7,212	52,682	-1,267	-	-	-

SITM Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 143,993	$ 283,605	$ 218,808
Cost of revenue	61,905	100,643	79,346
Gross profit	82,088	182,962	139,462
Operating expenses:
Research and development	97,589	90,288	52,104
Selling, general and administrative	83,971	76,532	54,515
Acquisition related costs	7,728	0	0
Total operating expenses	189,288	166,820	106,619
Income (loss) from operations	(107,200)	16,142	32,843
Interest income	26,958	7,291	0
Other expense, net	(141)	(97)	(488)
Income (loss) before income taxes	(80,383)	23,336	32,355
Income tax expense	(152)	(82)	(78)
Net income (loss)	(80,535)	23,254	32,277
Net income (loss) attributable to common stockholders and comprehensive income (loss)	$ (80,535)	$ 23,254	$ 32,277
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	$ (3.63)	$ 1.09	$ 1.70
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	$ (3.63)	$ 1.03	$ 1.53
Weighted-average shares used to compute basic net income (loss) per share (in shares)	22,188	21,245	19,006
Weighted-average shares used to compute diluted net income (loss) per share (in shares)	22,188	22,664	21,144

SITM Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 9,468	$ 34,603
Short-term investments in held-to-maturity securities	518,733	529,494
Accounts receivable, net	21,861	41,229
Inventories	65,539	57,650
Prepaid expenses and other current assets	7,641	6,091
Total current assets	623,242	669,067
Property and equipment, net	54,685	58,772
Intangible assets, net	177,079	5,205
Right-of-use assets, net	8,262	10,848
Goodwill	87,098	0
Other assets	1,317	6,724
Total assets	951,683	750,616
Current liabilities:
Accounts payable	8,690	14,881
Accrued expenses and other current liabilities	112,704	18,913
Total current liabilities	121,394	33,794
Other non-current liabilities	122,237	8,342
Total liabilities	243,631	42,136
Commitments and contingencies (Note 6)
Stockholders’ equity:
Common stock, $0.0001 par value - 200,000 shares authorized; 22,692 and 21,702 shares issued and outstanding at December 31, 2023 and 2022	2	2
Additional paid-in capital	796,450	716,343
Accumulated deficit	(88,400)	(7,865)
Total stockholders’ equity	708,052	708,480
Total liabilities and stockholders’ equity	$ 951,683	$ 750,616

About SiTime Corp

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.

CEO	Mr. Rajesh Vashist
WEBSITE	sitime.com
INDUSTRY	Semiconductors
EMPLOYEES	377

SiTime Corp Frequently Asked Questions

What is the ticker symbol for SiTime Corp? What does SITM stand for in stocks?

SITM is the stock ticker symbol of SiTime Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SiTime Corp (SITM)?

As of Wed Apr 24 2024, market cap of SiTime Corp is 1.73 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SITM stock?

You can check SITM's fair value in chart for subscribers.

What is the fair value of SITM stock?

You can check SITM's fair value in chart for subscribers. The fair value of SiTime Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SiTime Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SITM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SiTime Corp a good stock to buy?

The fair value guage provides a quick view whether SITM is over valued or under valued. Whether SiTime Corp is cheap or expensive depends on the assumptions which impact SiTime Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SITM.

What is SiTime Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SITM's PE ratio (Price to Earnings) is -21.48 and Price to Sales (PS) ratio is 12.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SITM PE ratio will change depending on the future growth rate expectations of investors.