Applied Materials' (NASDAQ:AMAT) Dividend Will Be Increased To $0.40
Apr 19
U.S. Semiconductors Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies115
- 7D-7.8%
- 3M15.5%
- 1Y86.9%
- YTD30.8%
Over the last 7 days, the Semiconductors industry has dropped 7.8%, driven by a pullback from NVIDIA of 14%. In contrast, WiSA Technologies has gained 166%. Over the past 12 months, the industry was up 87%. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the U.S. Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | US$4.6t | US$447.5b | US$81.6b | 27.7x | 56x | 10.2x |
| Mon, 18 Mar 2024 | US$4.8t | US$446.0b | US$78.2b | 30.4x | 61.1x | 10.7x |
| Wed, 14 Feb 2024 | US$4.3t | US$429.1b | US$70.9b | 29.6x | 60.7x | 10x |
| Fri, 12 Jan 2024 | US$3.6t | US$433.2b | US$69.5b | 25.1x | 52.5x | 8.4x |
| Sun, 10 Dec 2023 | US$3.2t | US$432.6b | US$70.6b | 24.5x | 46x | 7.5x |
| Tue, 07 Nov 2023 | US$3.0t | US$421.4b | US$62.6b | 24.3x | 47.9x | 7.1x |
| Thu, 05 Oct 2023 | US$3.0t | US$428.2b | US$65.8b | 24.8x | 45.4x | 7x |
| Sat, 02 Sep 2023 | US$3.1t | US$428.2b | US$68.7b | 26.5x | 45.8x | 7.3x |
| Mon, 31 Jul 2023 | US$3.2t | US$424.6b | US$68.2b | 24.3x | 46.9x | 7.5x |
| Wed, 28 Jun 2023 | US$3.0t | US$434.1b | US$71.9b | 23.6x | 41.4x | 6.9x |
| Fri, 26 May 2023 | US$2.5t | US$434.7b | US$70.4b | 20.9x | 34.9x | 5.7x |
| Sun, 23 Apr 2023 | US$2.3t | US$443.5b | US$85.4b | 18.4x | 27.5x | 5.3x |
| Tue, 21 Mar 2023 | US$2.4t | US$447.5b | US$90.3b | 18.1x | 26.2x | 5.3x |
| Thu, 16 Feb 2023 | US$2.3t | US$444.2b | US$90.2b | 18.9x | 25.5x | 5.2x |
| Sat, 14 Jan 2023 | US$2.0t | US$447.7b | US$96.4b | 18.2x | 21.1x | 4.5x |
| Mon, 12 Dec 2022 | US$2.0t | US$450.9b | US$98.9b | 17x | 20.1x | 4.4x |
| Wed, 09 Nov 2022 | US$1.8t | US$446.9b | US$98.4b | 16.4x | 17.9x | 3.9x |
| Fri, 07 Oct 2022 | US$1.8t | US$439.9b | US$103.8b | 16x | 17.3x | 4.1x |
| Sun, 04 Sep 2022 | US$1.9t | US$441.8b | US$105.0b | 17x | 17.8x | 4.2x |
| Tue, 02 Aug 2022 | US$2.2t | US$430.5b | US$103.8b | 19.5x | 21.1x | 5.1x |
| Thu, 30 Jun 2022 | US$1.9t | US$427.9b | US$106.0b | 17.4x | 17.8x | 4.4x |
| Sat, 28 May 2022 | US$2.3t | US$429.8b | US$106.5b | 22.8x | 21.5x | 5.3x |
| Mon, 25 Apr 2022 | US$2.2t | US$410.2b | US$95.9b | 20.7x | 22.9x | 5.4x |
| Wed, 23 Mar 2022 | US$2.7t | US$410.6b | US$94.8b | 25.6x | 28.1x | 6.5x |
| Fri, 18 Feb 2022 | US$2.6t | US$407.4b | US$93.4b | 25.4x | 27.6x | 6.3x |
| Sun, 16 Jan 2022 | US$2.8t | US$391.3b | US$89.2b | 32.2x | 31.9x | 7.3x |
| Tue, 14 Dec 2021 | US$2.8t | US$388.3b | US$87.0b | 27.9x | 32.7x | 7.3x |
| Thu, 11 Nov 2021 | US$2.8t | US$384.9b | US$86.4b | 30.1x | 32.6x | 7.3x |
| Sat, 09 Oct 2021 | US$2.3t | US$368.5b | US$81.0b | 30x | 29x | 6.4x |
| Mon, 06 Sep 2021 | US$2.5t | US$364.5b | US$78.2b | 28.2x | 31.5x | 6.8x |
| Wed, 04 Aug 2021 | US$2.4t | US$358.3b | US$74.7b | 30.2x | 31.9x | 6.6x |
| Sat, 08 May 2021 | US$2.1t | US$335.0b | US$65.6b | 33x | 32.2x | 6.3x |
Price to Earnings Ratio
32.2x
Current Industry PE
- Investors are optimistic on the American Semiconductor industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 56.0x which is higher than its 3-year average PE of 33.1x.
- The 3-year average PS ratio of 6.4x is lower than the industry's current PS ratio of 10.2x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have grown 7.5% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Tech industry?
| US Market | -3.65% | |
| Tech | -5.75% | |
| Semiconductors | -7.83% | |
| Semiconductors | -7.70% | |
| Semiconductor Equipment | -8.94% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 36.5x.
- Analysts are expecting annual earnings growth of 24.8%, which is higher than its past year's earnings decline of 13.4% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.0x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WISA WiSA Technologies | US$6.06 | 165.8% +US$6.7m | -96.9% | PS5.1x | |
| EMAN eMagin | US$2.07 | 4.0% +US$6.7m | 158.8% | PS6.2x | |
| ICG Intchains Group | US$8.30 | 0.7% +US$3.6m | -1.4% | PS43.8x | |
| OIIM O2Micro International | US$4.90 | 1.2% +US$1.8m | 21.3% | PE47.6x | |
| LEDS SemiLEDs | US$1.56 | 10.6% +US$1.1m | -23.2% | PS2x |
