Item 1. Business. We design, develop and market analog and mixed-signal integrated circuits (“ICs”) and other electronic components and circuitry used in high-voltage power conversion. Our products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. In most cases, this conversion entails, among other functions, converting alternating current (“AC”) to direct current (“DC”) or vice versa, reducing or increasing the voltage, and regulating the output voltage and/or current according to the customer’s specifications. A large percentage of our products are ICs used in AC-DC power supplies, which convert the high-voltage AC from a wall outlet to the low-voltage DC required by most electronic devices.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 444M | 444M | 419M | 445M | 651M | 703M |
| Net Income | 22M | 22M | 32M | 56M | 171M | 164M |
| EPS | $0.39 | $0.39 | $0.56 | $0.97 | $2.93 | $2.67 |
| Free Cash Flow | 87M | 87M | 64M | 45M | 176M | 184M |
| ROIC | 1.7% | 2.3% | 4.0% | 8.2% | 42.4% | 43.3% |
| Gross Margin | 54.5% | 54.5% | 53.6% | 51.5% | 56.3% | 51.3% |
| Debt/Equity | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 |
| Dividends/Share | $0.83 | $0.83 | $0.80 | $0.77 | $0.71 | $0.53 |
| Operating Income | 10M | 10M | 18M | 35M | 180M | 175M |
| Operating Margin | 2.3% | 2.3% | 4.3% | 7.9% | 27.7% | 24.9% |
| ROE | 3.3% | 3.1% | 4.3% | 7.4% | 20.5% | 19.1% |
| Shares Outstanding | 57M | 57M | 58M | 57M | 58M | 62M |
POWER INTEGRATIONS INC passes 6 of 9 quality checks, suggesting mixed fundamentals.
POWER INTEGRATIONS INC trades at 136.9x trailing earnings, compared to its 15-year median P/E of 37.5x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 34.0x vs a median of 27.6x. The company's 5-year average ROIC is 20.0% with a gross margin of 53.5%. Total shareholder yield (dividends + buybacks) is 4.8%. At current prices, the estimated annualized return to fair value is -6.1%.
POWER INTEGRATIONS INC (POWI) has a current P/E ratio of 136.9, compared to its historical median P/E of 37.5. The stock is currently considered Expensive based on its historical valuation range.
POWER INTEGRATIONS INC (POWI) has a 5-year average return on invested capital (ROIC) of 20.0%. This indicates strong capital allocation and a potential competitive advantage.
POWER INTEGRATIONS INC (POWI) has a market capitalization of $3.0B. It is classified as a mid-cap stock.
Yes, POWER INTEGRATIONS INC (POWI) pays a dividend with a trailing twelve-month yield of 1.56%. The company also returns capital through share buybacks, with a buyback yield of 3.24%.
Based on historical P/E analysis, POWER INTEGRATIONS INC (POWI) appears expensive. The current P/E of 136.9 is 265% above its historical median of 37.5. The estimated fair value CAGR (P/E method) is -15.7%.
POWER INTEGRATIONS INC (POWI) operates in the Semiconductors & Related Devices industry, within the Technology sector.
POWER INTEGRATIONS INC (POWI) reported annual revenue of $444 million in its most recent fiscal year, based on SEC EDGAR filings.
POWER INTEGRATIONS INC (POWI) has a net profit margin of 5.0%. This is a modest margin.
POWER INTEGRATIONS INC (POWI) generated $87 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
POWER INTEGRATIONS INC (POWI) has a debt-to-equity ratio of 0.03. This indicates a conservatively financed balance sheet.
POWER INTEGRATIONS INC (POWI) reported earnings per share (EPS) of $0.39 in its most recent fiscal year.
POWER INTEGRATIONS INC (POWI) has a return on equity (ROE) of 3.1%. This indicates moderate shareholder returns.
POWER INTEGRATIONS INC (POWI) has a 5-year average gross margin of 53.5%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 15 years of financial data for POWER INTEGRATIONS INC (POWI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
POWER INTEGRATIONS INC (POWI) has a book value per share of $11.88, based on its most recent annual SEC filing.