-1.14%
-1.48%
-9.97%
-13.45%
26.16%
20.51%
28.64%

Company Description

Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally.It offers portable products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with digital signal processer; boosted amplifiers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, hearing augmentation, and active noise cancellation.The company's audio products are used in smartphones, tablets, wireless headsets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.


It also provides high-performance mixed-signal products, such as haptic driver and sensing solutions, camera controllers, power conversion, and control ICs and fast-charging ICs used in various industrial and energy applications comprising digital utility meters, power supplies, energy control, energy measurement, and energy exploration.The company markets and sells its products through direct sales force, external sales representatives, and distributors.Cirrus Logic, Inc.


was incorporated in 1984 and is headquartered in Austin, Texas.

Market Data

Last Price 99.3
Change Percentage -1.14%
Open 97.81
Previous Close 100.44
Market Cap ( Millions) 5277
Volume 1022306
Year High 147.46
Year Low 76.58
M A 50 102.65
M A 200 115.67

Financial Ratios

FCF Yield 10.41%
Dividend Yield 0.00%
ROE 17.73%
Debt / Equity 7.91%
Net Debt / EBIDTA -64.24%
Price To Book 2.74
Price Earnings Ratio 16.14
Price To FCF 9.61
Price To sales 2.77
EV / EBITDA 10.92

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Audio Products

Expected Growth : 10.02 %

What the company do ?

Cirrus Logic's audio products offer high-quality, low-power audio codecs, amplifiers, and audio processors for consumer electronics, automotive, and industrial applications.

Why we expect these perspectives ?

Cirrus Logic's 10.02% growth in Audio Products is driven by increasing demand for smartphones and tablets, adoption of true wireless stereo (TWS) earbuds, and rising sales of smart speakers. Additionally, the company's focus on audio codecs, amplifiers, and haptic drivers for gaming consoles and PCs contributes to its growth.

Segment nΒ°2 -> High-Performance Mixed-Signal Products

Expected Growth : 8.45 %

What the company do ?

Cirrus Logic's High-Performance Mixed-Signal Products offer high-fidelity audio and precision analog-to-digital converters for demanding industrial, automotive, and consumer applications.

Why we expect these perspectives ?

Cirrus Logic's high-performance mixed-signal products drive growth through increasing demand for audio and voice-enabled devices, adoption of wireless audio technologies, and rising need for power management in IoT and automotive applications, coupled with the company's strong relationships with leading OEMs and its ability to innovate and expand product offerings.

Cirrus Logic, Inc. Products

Product Range What is it ?
Audio Codecs Cirrus Logic's audio codecs are high-performance, low-power audio converters that enable high-quality audio playback and recording in portable devices, home audio systems, and automotive infotainment systems.
Smart Codec Cirrus Logic's Smart Codec is a low-power, high-performance audio codec that integrates a digital signal processor (DSP) and analog-to-digital converter (ADC) to provide advanced audio processing capabilities.
Haptic Drivers Cirrus Logic's haptic drivers are high-performance, low-power drivers that enable advanced haptic feedback in smartphones, gaming controllers, and virtual reality (VR) devices.
Power Amplifiers Cirrus Logic's power amplifiers are high-performance, low-power amplifiers that enable high-quality audio playback in portable devices, home audio systems, and automotive infotainment systems.
Audio DSPs Cirrus Logic's audio DSPs are high-performance, low-power digital signal processors that enable advanced audio processing capabilities in portable devices, home audio systems, and automotive infotainment systems.

Cirrus Logic, Inc.'s Porter Forces

Cirrus Logic, Inc. operates in the semiconductor industry, which is characterized by rapid technological advancements. While there are substitutes available, the company's focus on audio and high-performance mixed-signal processing has helped it maintain a competitive edge.

Cirrus Logic, Inc. has a diverse customer base, including major players in the consumer electronics industry. However, the company's products are highly customized, which reduces the bargaining power of customers.

Cirrus Logic, Inc. relies on a few key suppliers for its manufacturing process. While the company has some bargaining power due to its size, the suppliers also have some leverage due to the specialized nature of their products.

The semiconductor industry has high barriers to entry, including significant capital expenditures and technological expertise. This makes it difficult for new entrants to compete with established players like Cirrus Logic, Inc.

The semiconductor industry is highly competitive, with many established players competing for market share. Cirrus Logic, Inc. faces intense competition from companies like Texas Instruments, Analog Devices, and STMicroelectronics.

Capital Structure

Value
Debt Weight 7.87%
Debt Cost 8.88%
Equity Weight 92.13%
Equity Cost 8.88%
WACC 8.88%
Leverage 8.54%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
OLED Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively …
VECO Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion …
VSH Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), …
AMKR Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the rest of the Asia Pacific. It offers turnkey …
SWKS Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
99.3$
Current Price
99.3$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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