Skyworks Solutions is a leading supplier of a variety of radio frequency components to smartphone makers and a host of other electronics device makers. Although the company faces an intense competitive landscape, it should thrive as the handset industry focuses on 5G devices, which we expect to require higher radio frequency dollar content per phone.
Skyworks should continue to see higher dollar content per phone as customers in developed and emerging markets shift away from basic handsets toward more complex 4G and 5G smartphones.
Pricing on 4G and 5G RF components has been robust in recent years, but large customers like Apple and Samsung wield significant pricing power and could exert pricing pressure on vendors like Skyworks over time.
|
Metric
|
SWKS
|
AVGO
|
QCOM
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.33 | 29.89 | 18.14 |
Price/Book Value | 2.51 | 8.54 | 7.83 |
Price/Sales | 3.37 | 14.41 | 5.00 |
Price/Cash Flow | 9.78 | 27.70 | 17.81 |
|
Metric
|
SWKS
|
AVGO
|
QCOM
|
|---|---|---|---|
Quick Ratio | 2.77 | 0.83 | 1.70 |
Current Ratio | 5.02 | 1.33 | 2.56 |
Interest Coverage | 18.04 | 6.63 | 11.86 |
|
Metric
|
SWKS
|
AVGO
|
QCOM
|
|---|---|---|---|
Return on Assets (Normalized) | 14.79% | 20.50% | 19.76% |
Return on Equity (Normalized) | 21.53% | 59.22% | 47.69% |
Return on Invested Capital (Normalized) | 17.15% | 26.13% | 27.85% |
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NVDA
| NVIDIA Corp | Nxgtzhbbw | Npz | $2.1 Tril | |
TSM
| Taiwan Semiconductor Manufacturing Co Ltd ADR | Qwknpprhn | Lcf | $644.2 Bil | |
AVGO
| Broadcom Inc | Pfzqytrgd | Tsgq | $583.4 Bil | |
AMD
| Advanced Micro Devices Inc | Wxvdwmrzz | Wrkplk | $250.6 Bil | |
QCOM
| Qualcomm Inc | Tzwbsrwdt | Ptstcj | $180.2 Bil | |
INTC
| Intel Corp | Fyjhcswn | Tqmc | $149.2 Bil | |
TXN
| Texas Instruments Inc | Bfhvzcztn | Jfjd | $148.9 Bil | |
MU
| Micron Technology Inc | Kvrfpypv | Fnxbm | $123.9 Bil | |
ARM
| ARM Holdings PLC ADR | Kbvpzbvk | Jbpvv | $107.9 Bil | |
ADI
| Analog Devices Inc | Bsjffqjz | Fmhc | $93.0 Bil |
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