Semiconductors Industry Report
Market Cap: $13.0T
Stocks: 95
Median P/E: 19.0x
Median ROIC: 3.6%
Data sourced from SEC EDGAR filings. Report refreshed weekly.
Part of the Technology sector.
Performance Dashboard
| Period | Sector (MCW) | Sector (Median) |
|---|---|---|
| 1 Day | -0.5% | -1.5% |
| 1 Week | +0.9% | -1.1% |
| 1 Month | — | — |
| 3 Months | — | — |
| 6 Months | — | — |
| YTD | -4.5% | -2.5% |
| 1 Year | +169.3% | +102.9% |
| 3 Years | +458.6% | +82.8% |
| 5 Years | +713.3% | +83.5% |
Today's Breadth: 21 advancing · 64 declining · 2 flat
Valuation Summary
| Metric | Median | P25 | P75 | vs 5Y Avg |
|---|---|---|---|---|
| P/E | 19.0x | 0.0x | 45.3x | -18% |
| P/B | 1.9x | 0.0x | 4.1x | -45% |
| P/S | 2.1x | 0.0x | 4.0x | — |
| P/FCF | 26.9x | 11.4x | 58.0x | — |
| EV/EBITDA | 16.8x | 11.7x | 28.3x | — |
| EV/EBIT | 28.9x | 20.0x | 53.7x | — |
Earnings Yield
2.4%
FCF Yield
1.6%
Below Fair Value
10% of stocks
Profitability Profile
Margins
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| Gross Margin | 43.4% | 43.0% | 28.5% | 55.3% |
| Operating Margin | 5.3% | — | -9.0% | 13.4% |
| Net Margin | 3.2% | 6.8% | -6.9% | 13.8% |
| FCF Margin | 6.9% | — | -0.3% | 18.5% |
Returns on Capital
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| ROE | 4.7% | — | -5.6% | 11.9% |
| ROA | 1.3% | — | -8.1% | 5.9% |
| ROIC | 3.6% | 9.5% | -9.3% | 10.4% |
Growth Metrics
| Metric | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| Revenue | +9.0% | +1.0% | +7.0% |
| EPS | +37.3% | -13.6% | +5.1% |
| Free Cash Flow | +30.0% | -2.1% | +4.3% |
All values represent sector median growth rates.
Balance Sheet Health
Debt / Equity
0.2x
Net Debt / EBITDA
-0.4x
Interest Coverage
6.8x
Current Ratio
2.6x
Altman Z-Score
Safe (>3): 36 (43%)
Gray (1.8–3): 18 (22%)
Distress (<1.8): 29 (35%)
Piotroski F-Score
Strong (7–9): 23 (24%)
Moderate (4–6): 49 (52%)
Weak (0–3): 23 (24%)
Top Companies
| Symbol | #▲ | Mkt Cap | P/E | EV/EBITDA | ROIC | Net Mgn | Rev Gr. | Div Yld | YTD | Qual. |
|---|---|---|---|---|---|---|---|---|---|---|
| NVDA | 1 | $4.8T | 39.1x | 34.8x | 113.6% | 55.6% | +65.5% | 0.0% | -4.6% | 7/9 |
| AVGO | 2 | $1.7T | 84.1x | 58.1x | 20.0% | 36.2% | +23.9% | 0.6% | -2.6% | 6/9 |
| MU | 3 | $1.1T | 20.7x | 10.1x | 16.3% | 22.8% | +48.9% | 0.3% | -13.4% | 2/9 |
| TSM | 4 | $1.0T | 28.6x | — | — | 1.2% | +33.9% | 8.0% | +3.1% | 6/9 |
| AMD | 5 | $847.1B | 81.1x | 53.0x | 6.6% | 12.5% | +34.3% | — | -5.8% | 4/9 |
| ASML-AS | 6 | $629.9B | 35.5x | 25.9x | 73.1% | 31.3% | +21.1% | 0.2% | — | 6/9 |
| INTC | 7 | $535.6B | — | 18.2x | -0.2% | -0.5% | -0.5% | — | -6.6% | 1/9 |
| AMAT | 8 | $487.3B | 26.2x | 20.8x | 35.1% | 24.7% | +4.4% | 0.8% | -8.0% | 6/9 |
| TXN | 9 | $267.4B | 32.5x | 15.1x | 21.5% | 28.1% | +13.1% | 3.1% | -8.8% | 5/9 |
| MRVL | 10 | $213.3B | — | — | 7.1% | 32.6% | +42.1% | — | -2.2% | 2/9 |
| ASX | 11 | $196.4B | — | — | — | 0.2% | +8.4% | — | +3.3% | 2/9 |
| ADI | 12 | $187.5B | 58.0x | 27.7x | 6.1% | 20.6% | +16.9% | 1.5% | -7.3% | 4/9 |
| ALAB | 13 | $73.0B | 137.1x | — | 135.3% | 25.7% | +115.1% | — | -2.8% | 5/9 |
| NXPI | 14 | $69.5B | 28.0x | 16.4x | 9.4% | 16.5% | -2.7% | 1.8% | -9.0% | 6/9 |
| STM | 15 | $63.0B | 145.8x | 11.2x | 0.7% | 1.4% | -11.1% | 1.4% | +1.4% | 5/9 |
| MPWR | 16 | $62.3B | 73.5x | — | 26.9% | 22.3% | +26.4% | 0.7% | -6.7% | 6/9 |
| UMC | 17 | $61.7B | 10.4x | 3.9x | 20.2% | 20.9% | +1.0% | — | +0.2% | 6/9 |
| STMMI-MI | 18 | $56.7B | 11.1x | 6.0x | 7.0% | 15.0% | -23.3% | 1.5% | — | 4/9 |
| MCHP | 19 | $45.7B | — | — | 3.5% | 2.5% | +7.1% | — | -10.0% | 3/9 |
| CRDO | 20 | $43.5B | 148.4x | — | 9.8% | 11.9% | +126.3% | — | +4.6% | 3/9 |
Industry Composition
| Industry | Stocks | Market Cap | % | |
|---|---|---|---|---|
| Semiconductors & Related Devices | 87 | $12.3T | 94.5% | |
| Semiconductors | 8 | $715.3B | 5.5% |
Quality Distribution
0
1
2
3
4
5
6
7
8
9
Quality Score (0-9)
High Quality (7+)
1%
Median Piotroski F
5/9
Profitable Years
6 of 10
Dividends & Shareholder Returns
Paying Dividends
22%
Median Div Yield
1.4%
Median Buyback Yield
0.0%
Shareholder Yield
0.3%
Payout Ratio
49.0%
Div Growth (3Y)
11.2%
Div Growth (5Y)
12.0%
Strengths & Weaknesses
Strengths
- +[Balance Sheet]Conservative balance sheets with a median Debt/Equity of 0.2x, providing financial flexibility for opportunistic investment.
- +[Growth]Revenue growth is accelerating: median 1-year growth of 9.0% exceeds the 3-year CAGR of 1.0%, signaling improving demand conditions.
- +[Valuation]Attractive valuations: current median P/E of 19.0x is 17.9% below the 5-year average, presenting potential value opportunity.
Weaknesses
- −[Breadth]Narrow weakness: only 24.1% of stocks advanced today, suggesting widespread selling pressure.
- −[Financial Health]34.9% of companies fall in the Altman Z-Score distress zone (<1.8), indicating elevated bankruptcy risk within the sector.
- −[Profitability]Below-average capital returns with a median ROIC of 3.6%, suggesting limited pricing power or capital-intensive operations.
- −[Quality]Only 1.1% of companies score 7+ on the quality checklist, reflecting structural challenges in achieving consistent returns across the sector.