Analog Devices Inc ADI

Morningstar Rating
$227.73 +4.06 (1.82%)
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Company Report

Analog Devices Earnings: Raising Fair Value Estimate to $225 as Demand Improves

Analog Devices is one of the world's largest analog chipmakers, with an especially strong position in analog signal processing chips. We think it is well-positioned to profit from more advanced and higher-priced semiconductor content in automobiles, communications equipment, and industrial applications like medical devices and factory automation and testing equipment in the years ahead.

Price vs Fair Value

ADI is trading at a 182% premium.
Price
$227.73
Fair Value
$485.00
Uncertainty
Medium
1-Star Price
$155.34
5-Star Price
$113.10
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Analog Devices has tens of thousands of customers and is not reliant on the fortunes of any single chip buyer.

Bears

Despite its strong position and diverse exposure, Analog Devices is still vulnerable to the cyclicality of the overall semiconductor industry.

News

Trading Information

Previous Close Price
$223.67
Day Range
$223.54229.97
52-Week Range
$154.99244.14
Bid/Ask
$228.55 / $233.97
Market Cap
$113.07 Bil
Volume/Avg
1.9 Mil / 3.3 Mil

Key Statistics

Price/Earnings (Normalized)
33.89
Price/Sales
11.72
Dividend Yield (Trailing)
1.59%
Dividend Yield (Forward)
1.62%
Total Yield
2.47%

Company Profile

Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
Sector
Technology
Industry
Semiconductors
Stock Style Box
Large Value
Total Number of Employees
26,000

Competitors

Valuation

Metric
ADI
TXN
MCHP
Price/Earnings (Normalized)
33.8936.4020.58
Price/Book Value
3.2110.796.55
Price/Sales
11.7211.596.48
Price/Cash Flow
30.2130.2318.15
Price/Earnings
ADI
TXN
MCHP

Financial Strength

Metric
ADI
TXN
MCHP
Quick Ratio
1.143.400.93
Current Ratio
1.694.621.94
Interest Coverage
6.7014.579.12
Quick Ratio
ADI
TXN
MCHP

Profitability

Metric
ADI
TXN
MCHP
Return on Assets (Normalized)
4.16%16.43%12.86%
Return on Equity (Normalized)
5.72%32.38%30.67%
Return on Invested Capital (Normalized)
5.26%19.98%17.50%
Return on Assets
ADI
TXN
MCHP

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