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Nordic Semiconductor ASA NDCVF

Morningstar Rating
$12.88 +0.58 (4.72%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NDCVF is trading at a 682% premium.
Price
$12.91
Fair Value
$73.40
Uncertainty
High
1-Star Price
$12.56
5-Star Price
$46.34
Economic Moat
Gwvmrk
Capital Allocation
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News

Trading Information

Previous Close Price
$12.30
Day Range
$12.8712.88
52-Week Range
$7.1814.96
Bid/Ask
$10.00 / $14.80
Market Cap
$2.48 Bil
Volume/Avg
1,388 / 7,824

Key Statistics

Price/Earnings (Normalized)
68.81
Price/Sales
5.05
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic’s chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.
Sector
Technology
Industry
Semiconductors
Stock Style Box
Small Growth
Total Number of Employees
1,493

Competitors

Valuation

Metric
NDCVF
AVGO
2454
Price/Earnings (Normalized)
68.8132.4720.84
Price/Book Value
4.119.285.20
Price/Sales
5.0515.654.07
Price/Cash Flow
25.2430.0917.55
Price/Earnings
NDCVF
AVGO
2454

Financial Strength

Metric
NDCVF
AVGO
2454
Quick Ratio
3.450.830.89
Current Ratio
5.321.331.15
Interest Coverage
6.63226.76
Quick Ratio
NDCVF
AVGO
2454

Profitability

Metric
NDCVF
AVGO
2454
Return on Assets (Normalized)
−1.96%20.50%14.63%
Return on Equity (Normalized)
−2.65%59.22%25.37%
Return on Invested Capital (Normalized)
−3.08%26.13%21.76%
Return on Assets
NDCVF
AVGO
2454
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Semiconductors Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NVDA
NVIDIA CorpHrhdrkffxTxv$2.6 Tril
TSM
Taiwan Semiconductor Manufacturing Co Ltd ADRHslzjzhsvMdbq$672.6 Bil
AVGO
Broadcom IncGkxvzqxqxTcm$645.7 Bil
AMD
Advanced Micro Devices IncYqnxflnbsMztxcv$259.3 Bil
QCOM
Qualcomm IncYltnvcpqgBwgydh$225.2 Bil
TXN
Texas Instruments IncBrwlzzpljKdsk$179.6 Bil
MU
Micron Technology IncTbvqcfyXsqb$139.8 Bil
INTC
Intel CorpTfyqdnkhGshx$133.8 Bil
ARM
ARM Holdings PLC ADRJybpsvvzYkt$117.1 Bil
ADI
Analog Devices IncVnpbmldpRvwmc$116.4 Bil

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