Renesas' September-quarter revenue of JPY 456 billion rose 30% year over year and non-GAAP operating margin of 35% expanded 301 basis points. Shares closed 5% lower after the release.
Competition among EV manufacturers could intensify, accelerating feature upgrades such as range, AD, and ADAS, as well as infotainment, pushing up chip content per car beyond current trends.
Renesas has made numerous acquisitions at considerable premiums. Synergies from these investments may not be realized even in the long term and end up dragging down ROICs.
Metric | 6723 | IFNNY | MCHP |
|---|---|---|---|
Price/Earnings (Normalized) | 16.45 | 40.21 | 22.04 |
Price/Book Value | 1.84 | 3.53 | 4.94 |
Price/Sales | 3.39 | 3.83 | 5.93 |
Price/Cash Flow | 9.65 | 15.84 | 19.57 |
Metric | 6723 | IFNNY | MCHP |
|---|---|---|---|
Quick Ratio | 1.15 | 0.74 | 1.16 |
Current Ratio | 1.49 | 1.73 | 2.24 |
Interest Coverage | 11.82 | 6.30 | 5.89 |
Metric | 6723 | IFNNY | MCHP |
|---|---|---|---|
Return on Assets (Normalized) | 15.11% | 6.33% | 10.92% |
Return on Equity (Normalized) | 25.26% | 11.55% | 24.07% |
Return on Invested Capital (Normalized) | 18.01% | 8.71% | 14.50% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| NVIDIA Corp NVDA | LOCK|Zn<qSWD | LOCK|K? | $4T | |||
| Taiwan Semiconductor Manufacturing Co Ltd ADR TSM | LOCK|bS@b!Xw | LOCK|r&f | $2T | |||
| Broadcom Inc AVGO | LOCK|z$Y<kbLP | LOCK|#Ys | $2T | |||
| Advanced Micro Devices Inc AMD | LOCK|&x@<ZghM | LOCK|RNx% | $845B | |||
| Micron Technology Inc MU | LOCK|M!y%<Y | LOCK|D% | $820B | |||
| SK hynix Inc ADR SKHY | LOCK|^vDGVN | LOCK|p^Y | $636B | |||
| Intel Corp INTC | LOCK|vzZ@W%? | LOCK|CM | $309B | |||
| Texas Instruments Inc TXN | LOCK|@H!J>bw# | LOCK|$N | $275B | |||
| ARM Holdings PLC ADR ARM | LOCK|?bp<s#M | LOCK|Y& | $194B | |||
| Analog Devices Inc ADI | LOCK|Gc<M^$^ | LOCK|R# | $191B |
United States