Sitime Corporation

Company Profile

Sitime Corporation had its IPO on 2019-11-20 under the ticker symbol SITM.

The company operates in the Technology sector and Semiconductors industry. Sitime Corporation has a staff strength of 377 employees.

Stock update

Shares of Sitime Corporation opened at $109.38 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $108.1 - $111.66, and closed at $111.45.

This is a +0.97% increase from the previous day's closing price.

A total volume of 194,783 shares were traded at the close of the day’s session.

In the last one week, shares of Sitime Corporation have slipped by -14.66%.

Sitime Corporation's Key Ratios

Sitime Corporation has a market cap of $2.90 billion, indicating a price to book ratio of 3.4275 and a price to sales ratio of 7.4516.

In the last 12-months Sitime Corporation’s revenue was $200.00 million with a gross profit of $182.96 million and an EBITDA of $-54534000. The EBITDA ratio measures Sitime Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sitime Corporation’s operating margin was -34.43% while its return on assets stood at -5.82% with a return of equity of -5.5%.

In Q2, Sitime Corporation’s quarterly earnings growth was a negative -60.6% while revenue growth was a negative 65.1%.

Sitime Corporation’s PE and PEG Ratio

Forward PE

62.1118

Trailing PE

0

PEG

3.381

Its diluted EPS in the last 12-months stands at $-1.72 per share while it has a forward price to earnings multiple of 62.1118 and a PEG multiple of 3.381. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sitime Corporation’s profitability.

Sitime Corporation stock is trading at a EV to sales ratio of 6.1213 and a EV to EBITDA ratio of 34.8482. Its price to sales ratio in the trailing 12-months stood at 7.4516.

Sitime Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$745.50 million

Total Liabilities

$30.46 million

Operating Cash Flow

$0

Capital Expenditure

$3.86 million

Dividend Payout Ratio

0%

Sitime Corporation ended 2024 with $745.50 million in total assets and $0 in total liabilities. Its intangible assets were valued at $745.50 million while shareholder equity stood at $708.27 million.

Sitime Corporation ended 2024 with $0 in deferred long-term liabilities, $30.46 million in other current liabilities, 2000.00 in common stock, $-50277000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $30.38 million and cash and short-term investments were $574.67 million. The company’s total short-term debt was $2,574,000 while long-term debt stood at $0.

Sitime Corporation’s total current assets stands at $662.98 million while long-term investments were $0 and short-term investments were $544.30 million. Its net receivables were $15.77 million compared to accounts payable of $9.76 million and inventory worth $64.25 million.

In 2024, Sitime Corporation's operating cash flow was $0 while its capital expenditure stood at $3.86 million.

Comparatively, Sitime Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$111.45

52-Week High

$142.88

52-Week Low

$73.1

Analyst Target Price

$117.25

Sitime Corporation stock is currently trading at $111.45 per share. It touched a 52-week high of $142.88 and a 52-week low of $142.88. Analysts tracking the stock have a 12-month average target price of $117.25.

Its 50-day moving average was $126.5 and 200-day moving average was $116.79 The short ratio stood at 6.74 indicating a short percent outstanding of 0%.

Around 2272.6% of the company’s stock are held by insiders while 8376.1% are held by institutions.