Tower Semiconductor Ltd
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- Market Cap.:
- $3.16 billion
- Book Value:
- Revenue TTM:
- $1.54 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $466.31 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Tower Semiconductor Ltd had its IPO on 1994-10-25 under the ticker symbol TSEM.
The company operates in the Technology sector and Semiconductors industry. Tower Semiconductor Ltd has a staff strength of 5,613 employees.
Shares of Tower Semiconductor Ltd opened at $28 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $27.95 - $28.35, and closed at $28.01.
This is a -0.67% slip from the previous day's closing price.
A total volume of 646,336 shares were traded at the close of the day’s session.
In the last one week, shares of Tower Semiconductor Ltd have slipped by -6.51%.
Tower Semiconductor Ltd's Key Ratios
Tower Semiconductor Ltd has a market cap of $3.16 billion, indicating a price to book ratio of 2.8581 and a price to sales ratio of 2.9861.
In the last 12-months Tower Semiconductor Ltd’s revenue was $1.54 billion with a gross profit of $466.31 million and an EBITDA of $556.63 million. The EBITDA ratio measures Tower Semiconductor Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Tower Semiconductor Ltd’s operating margin was 17.87% while its return on assets stood at 7.1% with a return of equity of 15.28%.
In Q2, Tower Semiconductor Ltd’s quarterly earnings growth was a negative -13.2% while revenue growth was a negative 16.2%.
Tower Semiconductor Ltd’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.44 per share while it has a forward price to earnings multiple of 19.4175 and a PEG multiple of 0.9. 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 Tower Semiconductor Ltd’s profitability.
Tower Semiconductor Ltd stock is trading at a EV to sales ratio of 2.5895 and a EV to EBITDA ratio of 7.9239. Its price to sales ratio in the trailing 12-months stood at 2.9861.
Tower Semiconductor Ltd 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
- $2.53 billion
- Total Liabilities
- $301.84 million
- Operating Cash Flow
- Capital Expenditure
- $15.81 million
- Dividend Payout Ratio
Tower Semiconductor Ltd ended 2023 with $2.53 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.53 billion while shareholder equity stood at $2.01 billion.
Tower Semiconductor Ltd ended 2023 with $0 in deferred long-term liabilities, $301.84 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $318.20 million and cash and short-term investments were $913.60 million. The company’s total short-term debt was $41,300,000 while long-term debt stood at $178.87 million.
Tower Semiconductor Ltd’s total current assets stands at $1.44 billion while long-term investments were $8.83 million and short-term investments were $595.40 million. Its net receivables were $163.29 million compared to accounts payable of $154.51 million and inventory worth $330.82 million.
In 2023, Tower Semiconductor Ltd's operating cash flow was $0 while its capital expenditure stood at $15.81 million.
Comparatively, Tower Semiconductor Ltd paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Tower Semiconductor Ltd stock is currently trading at $28.01 per share. It touched a 52-week high of $46.5 and a 52-week low of $46.5. Analysts tracking the stock have a 12-month average target price of $34.33.
Its 50-day moving average was $33.68 and 200-day moving average was $40 The short ratio stood at 0.98 indicating a short percent outstanding of 0%.
Around 0% of the company’s stock are held by insiders while 6037.7% are held by institutions.
Frequently Asked Questions About Tower Semiconductor Ltd
Similar Industry Stocks (Semiconductors)
Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.