Silicon Price To Sales Ratio vs Net Income Per Share Analysis
SIMO Stock | USD 53.07 0.64 1.22% |
Silicon Motion financial indicator trend analysis is much more than just breaking down Silicon Motion Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicon Motion Technology is a good investment. Please check the relationship between Silicon Motion Price To Sales Ratio and its Net Income Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Price To Sales Ratio vs Net Income Per Share
Price To Sales Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicon Motion Technology Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Silicon Motion's Price To Sales Ratio and Net Income Per Share is -0.46. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Silicon Motion Technology, assuming nothing else is changed. The correlation between historical values of Silicon Motion's Price To Sales Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Silicon Motion Technology are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., Silicon Motion's Price To Sales Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Silicon Motion Technology stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Silicon Motion sales, a figure that is much harder to manipulate than other Silicon Motion Technology multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Net Income Per Share
Most indicators from Silicon Motion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicon Motion Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 1st of December 2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Tax Provision is likely to drop to about 11.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 460.8M | 465.8M | 270.4M | 178.7M | Total Revenue | 922.1M | 945.9M | 639.1M | 368.8M |
Silicon Motion fundamental ratios Correlations
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Silicon Motion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silicon Motion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Total Stockholder Equity | 536.8M | 557.7M | 657.6M | 732.6M | 734.7M | 771.4M | |
Net Debt | (320.1M) | (339.9M) | (357.2M) | (229.0M) | (312.0M) | (296.4M) | |
Cash | 323.2M | 343.0M | 360.1M | 232.2M | 314.3M | 182.0M | |
Other Assets | 5.1M | 7.3M | 20.2M | 24.6M | 28.3M | 29.7M | |
Cash And Short Term Investments | 325.2M | 343.0M | 360.1M | 232.2M | 314.3M | 201.6M | |
Common Stock Shares Outstanding | 35.3M | 35.0M | 35.0M | 33.4M | 33.5M | 35.0M | |
Liabilities And Stockholders Equity | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Other Stockholder Equity | 265.2M | 275.1M | 244.6M | 303.6M | 321.1M | 198.1M | |
Total Liab | 160.9M | 184.3M | 313.8M | 228.6M | 273.3M | 286.9M | |
Total Current Assets | 565.2M | 607.0M | 818.1M | 787.9M | 793.2M | 832.9M | |
Other Current Liab | 14.3M | 104.3M | 153.6M | 102.5M | 147.3M | 154.7M | |
Total Current Liabilities | 125.8M | 158.7M | 281.6M | 183.9M | 212.8M | 223.5M | |
Property Plant And Equipment Net | 97.8M | 105.5M | 124.5M | 139.4M | 181.5M | 190.6M | |
Retained Earnings | 271.0M | 281.6M | 412.1M | 425.1M | 411.2M | 431.7M | |
Accounts Payable | 30.7M | 44.5M | 80.8M | 36.0M | 55.6M | 29.4M | |
Non Current Assets Total | 132.5M | 135.1M | 153.2M | 173.3M | 214.7M | 108.6M | |
Non Currrent Assets Other | 10.3M | 24.6M | 20.2M | 11.9M | 16.1M | 16.9M | |
Net Receivables | 108.7M | 115.8M | 208.6M | 206.1M | 194.7M | 204.4M | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.4M | 1.2M | 1.2M | |
Non Current Liabilities Total | 35.2M | 25.6M | 32.2M | 44.8M | 60.5M | 63.5M | |
Inventory | 88.4M | 110.2M | 163.1M | 288.0M | 217.0M | 227.8M | |
Other Current Assets | 18.8M | 49.1M | 86.4M | 61.7M | 67.3M | 70.7M | |
Property Plant And Equipment Gross | 107.1M | 112.2M | 212.8M | 245.7M | 294.2M | 308.9M | |
Accumulated Other Comprehensive Income | (785K) | (349K) | (540K) | 2.6M | 1.2M | 1.2M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.3M | 1.3M | 1.3M | |
Other Liab | 23.8M | 24.8M | 32.2M | 44.8M | 51.5M | 54.1M | |
Intangible Assets | 17.5M | 6.2M | 6.5M | 3.8M | 4.6M | 5.3M | |
Property Plant Equipment | 103.3M | 105.5M | 124.5M | 139.4M | 160.3M | 168.4M | |
Current Deferred Revenue | 77.7M | 98.4M | 178.3M | 6.9M | 6.4M | 6.1M | |
Short Term Debt | 3.0M | 3.1M | 2.9M | 3.2M | 2.3M | 2.2M | |
Good Will | 17.5M | (10.9M) | (12.8M) | (4.6M) | (4.1M) | (3.9M) | |
Long Term Investments | 3M | 5M | 8.5M | 9.3M | 17.1M | 18.0M | |
Net Tangible Assets | 515.7M | 551.5M | 657.6M | 732.6M | 842.5M | 518.7M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silicon Motion. If investors know Silicon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silicon Motion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.953 | Earnings Share 2.66 | Revenue Per Share 24.268 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0554 |
The market value of Silicon Motion Technology is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Motion's value that differs from its market value or its book value, called intrinsic value, which is Silicon Motion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silicon Motion's market value can be influenced by many factors that don't directly affect Silicon Motion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Silicon Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Motion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.