Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
CRUS Logo

Cirrus Logic, Inc.

CRUS

Semiconductors & Related Devices

Mkt Cap

$4.821B

PE

27.38

Debt

-

Cash

$483.9M

EV

-

FCF

$257.5M

Market Cap

$4.821B

P/E Ratio

27.38

Debt

-

Cash

$483.9M

EV

-

FCF

$257.5M
Charts data: {"Earnings":[{"time":"2015-03-27","value":55178000},{"time":"2016-03-25","value":123630000},{"time":"2017-03-24","value":261209000},{"time":"2018-03-30","value":161995000},{"time":"2019-03-29","value":89991000},{"time":"2020-03-27","value":159498000},{"time":"2021-03-26","value":217344000},{"time":"2022-03-25","value":326355000},{"time":"2023-03-24","value":176703000}],"Sales":[{"time":"2015-03-27","value":916568000},{"time":"2016-03-25","value":1169251000},{"time":"2017-03-24","value":1538940000},{"time":"2018-03-30","value":1532186000},{"time":"2019-03-29","value":1185524000},{"time":"2020-03-27","value":1281124000},{"time":"2021-03-26","value":1369230000},{"time":"2022-03-25","value":1781460000},{"time":"2023-03-24","value":1897617000}],"Net Margins":[{"time":"2015-03-27","value":0.060200661598484785},{"time":"2016-03-25","value":0.10573435472794122},{"time":"2017-03-24","value":0.1697330630174016},{"time":"2018-03-30","value":0.1057280251875425},{"time":"2019-03-29","value":0.07590820599161215},{"time":"2020-03-27","value":0.12449848726586966},{"time":"2021-03-26","value":0.15873447119914114},{"time":"2022-03-25","value":0.18319524435013979},{"time":"2023-03-24","value":0.09311836898594394}],"Assets":[{"time":"2015-03-27","value":1148778000},{"time":"2016-03-25","value":1181883000},{"time":"2017-03-24","value":1413470000},{"time":"2018-03-30","value":1430117000},{"time":"2019-03-29","value":1352640000},{"time":"2020-03-27","value":1592677000},{"time":"2021-03-26","value":1830614000},{"time":"2022-03-25","value":2123400000},{"time":"2023-03-24","value":2063966000}],"Stockholders Equity":[{"time":"2015-03-27","value":756771000},{"time":"2016-03-25","value":859483000},{"time":"2017-03-24","value":1151692000},{"time":"2018-03-30","value":1161728000},{"time":"2019-03-29","value":1140240000},{"time":"2020-03-27","value":1229779000},{"time":"2021-03-26","value":1389005000},{"time":"2022-03-25","value":1599817000},{"time":"2023-03-24","value":1658282000}],"ROE":[{"time":"2015-03-27","value":0.07291241339850496},{"time":"2016-03-25","value":0.1438422865839115},{"time":"2017-03-24","value":0.22680456233090096},{"time":"2018-03-30","value":0.139443139874394},{"time":"2019-03-29","value":0.07892285834561145},{"time":"2020-03-27","value":0.1296964739192977},{"time":"2021-03-26","value":0.15647459872354672},{"time":"2022-03-25","value":0.2039952069517951},{"time":"2023-03-24","value":0.10655787133913291}],"ROA":[{"time":"2015-03-27","value":0.09468234941825139},{"time":"2016-03-25","value":0.15247786794462734},{"time":"2017-03-24","value":0.22543598378458687},{"time":"2018-03-30","value":0.18617497729206772},{"time":"2019-03-29","value":0.0744980186893778},{"time":"2020-03-27","value":0.11447581650265559},{"time":"2021-03-26","value":0.1345466603008608},{"time":"2022-03-25","value":0.17361919562965056},{"time":"2023-03-24","value":0.1234220912553792}]}

Cirrus Logic, Inc., a fabless semiconductor company, develops low-power, high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with digital signal processing; boosted amplifiers; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation. Its audio products are used in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in legacy industrial and energy applications, such as digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.

Sector

  • AAOI Logo

    AAOI

  • ADI Logo

    ADI

  • ALGM Logo

    ALGM

  • AMAT Logo

    AMAT

  • AMBA Logo

    AMBA

  • AMD Logo

    AMD

  • AMKR Logo

    AMKR

  • AOSL Logo

    AOSL

  • AVGO Logo

    AVGO

  • CRDO Logo

    CRDO

  • DIOD Logo

    DIOD

  • ENPH Logo

    ENPH

  • FORM Logo

    FORM

  • FSLR Logo

    FSLR

  • ICHR Logo

    ICHR

  • INDI Logo

    INDI

  • INTC Logo

    INTC

  • IPGP Logo

    IPGP

  • KLIC Logo

    KLIC

  • LASR Logo

    LASR

  • LSCC Logo

    LSCC

  • MCHP Logo

    MCHP

  • MPWR Logo

    MPWR

  • MRVL Logo

    MRVL

  • MTSI Logo

    MTSI

  • MU Logo

    MU

  • MXL Logo

    MXL

  • NLST Logo

    NLST

  • NVDA Logo

    NVDA

  • NVEC Logo

    NVEC

  • NVTS Logo

    NVTS

  • NXPI Logo

    NXPI

  • ON Logo

    ON

  • OSIS Logo

    OSIS

  • PLAB Logo

    PLAB

  • POWI Logo

    POWI

  • QRVO Logo

    QRVO

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$257.5M$259.6M$261.6M$263.7M$265.8M$268M$270.1M$272.3M$274.5M$276.7M$278.9M$2.789B
DCF$225.7M$197.8M$173.4M$152M$133.2M$116.8M$102.4M$89.72M$78.64M$68.93M$689.3M
Value$2.028B

In the chart Earnings are multiplied by this value.

Earnings Growth 7.5%
Earnings Stability 19%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years03-201503-201603-201703-201803-201903-202003-202103-202203-2023TTM
Net Margin6%11%17%11%7.6%12%16%18%9.3%9.8%
ROA9.5%15%23%19%7.4%11%13%17%12%11%
ROE7.3%14%23%14%7.9%13%16%20%11%9.8%

What is the average Net Margin?

The average Net Margin over the past 5 years is +12.35%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +0.84%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +13.45%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +0.01%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +13.58%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +0.68%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years03-201503-201603-201703-201803-201903-202003-202103-202203-2023TTM
Debt FCF----------
Debt Equity----------
MIN
Graham Stability---100%49%93%100%100%75%49%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -.

What is the Graham’s Stability?

Graham’s Stability measure stands at 0.49.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years03-201603-201803-202003-2022Trend
Revenue7.2%4.4%14%6.5%-1.2%
Net Income5.2%1.8%3.5%-46%-14%
Stockholders Equity9.8%7.4%10%3.7%-1.4%
FCF15%2.9%2.8%210%5.6%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +4.37%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is -1.22%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +1.75%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -13.7%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +7.38%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -1.4%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is +2.93%.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +5.58%.