Navitas Semiconductor Corporation (NVTS)

NASDAQ: NVTS · IEX Real-Time Price · USD
4.770
+0.190 (4.15%)
At close: Mar 28, 2024, 4:00 PM
4.810
+0.040 (0.84%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Total Valuation

NVTS has a market cap or net worth of $769.00 million. The enterprise value is $624.70 million.

Market Cap 769.00M
Enterprise Value 624.70M

Important Dates

The next estimated earnings date is Monday, May 13, 2024, after market close.

Earnings Date May 13, 2024
Ex-Dividend Date n/a

Share Statistics

NVTS has 179.25 million shares outstanding. The number of shares has increased by 15.91% in one year.

Shares Outstanding 179.25M
Shares Change (YoY) +15.91%
Shares Change (QoQ) -3.81%
Owned by Insiders (%) 27.76%
Owned by Institutions (%) 46.60%
Float 131.40M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 9.68
Forward PS 6.64
PB Ratio 2.02
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.86
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.14, with a Debt / Equity ratio of 0.02.

Current Ratio 4.14
Quick Ratio 3.55
Debt / Equity 0.02
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -38.50% and return on invested capital (ROIC) is -30.36%.

Return on Equity (ROE) -38.50%
Return on Assets (ROA) -30.70%
Return on Capital (ROIC) -30.36%
Revenue Per Employee $253,045
Profits Per Employee -$463,162
Employee Count 314
Asset Turnover 0.17
Inventory Turnover 2.29

Taxes

Income Tax -517,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -26.16% in the last 52 weeks. The beta is 2.59, so NVTS's price volatility has been higher than the market average.

Beta (1Y) 2.59
52-Week Price Change -26.16%
50-Day Moving Average 5.65
200-Day Moving Average 7.31
Relative Strength Index (RSI) 43.56
Average Volume (30 Days) 3,039,488

Short Selling Information

The latest short interest is 19.27 million, so 10.75% of the outstanding shares have been sold short.

Short Interest 19.27M
Short Previous Month 15.53M
Short % of Shares Out 10.75%
Short % of Float 14.66%
Short Ratio (days to cover) 6.18

Income Statement

In the last 12 months, NVTS had revenue of $79.46 million and -$145.43 million in losses. Loss per share was -$0.86.

Revenue 79.46M
Gross Profit 31.06M
Operating Income -118.13M
Pretax Income -145.95M
Net Income -145.43M
EBITDA -122.93M
EBIT -145.95M
Loss Per Share -$0.86
Full Income Statement

Balance Sheet

The company has $152.84 million in cash and $8.55 million in debt, giving a net cash position of $144.29 million or $0.80 per share.

Cash & Cash Equivalents 152.84M
Total Debt 8.55M
Net Cash 144.29M
Net Cash Per Share $0.80
Equity / Book Value 380.62M
Book Value Per Share 2.12
Working Capital 158.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$40.10 million and capital expenditures -$4.78 million, giving a free cash flow of -$44.88 million.

Operating Cash Flow -40.10M
Capital Expenditures -4.78M
Free Cash Flow -44.88M
FCF Per Share -$0.27
Full Cash Flow Statement

Margins

Gross margin is 39.10%, with operating and profit margins of -148.68% and -183.04%.

Gross Margin 39.10%
Operating Margin -148.68%
Pretax Margin -183.69%
Profit Margin -183.04%
EBITDA Margin -154.72%
EBIT Margin -183.69%
FCF Margin -56.48%

Dividends & Yields

NVTS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -15.91%
Shareholder Yield -15.91%
Earnings Yield -18.91%
FCF Yield -5.84%
Dividend Details

Analyst Forecast

The average price target for NVTS is $9.82, which is 105.87% higher than the current price. The consensus rating is "Buy".

Price Target $9.82
Price Target Difference 105.87%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

NVTS has an Altman Z-Score of 3.09 and a Piotroski F-Score of 3.

Altman Z-Score 3.09
Piotroski F-Score 3