Macom Technology Solutions Holdings, Inc.

Technology
Semiconductors
www.macom.com

Earnings Score
Moat Score
Safety Score

Market Cap $9.99B
PE 130
Debt $448.28M
Cash $146.81M
EV $10.29B
FCF $140.20M

Earnings

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Sales & Net Margins

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Earnings	$76.86M
EBIT	$91.53M
ROE	7%
ROA	5%
FCF	$140.20M
Equity	$1.13B
Growth Stability	40%
PE	129.97
PEG	3.42
PB	8.87
P/FCF	71.25
P/S	13.69
Price/Cash	0.01
Debt/Equity	0.4
Debt/FCF	3.2
Net Margins	11%
Gross Margins	54%
Op. Margins	13%
Earnings CAGR	12%
Sales Growth YoY	33%
Sales Growth QoQ	5%
Sales CAGR	3%
FCF CAGR	28%
Equity CAGR	8%
Earnings Stability	0.12
Earnings Growth YoY	20%
Earnings Growth QoQ	48%

Earnings CAGR 5Y	38%
Sales CAGR 5Y	8%
FCF CAGR 5Y	21%
Equity CAGR 5Y	40%
Earnings CAGR 3Y	2%
Sales CAGR 3Y	2%
FCF CAGR 3Y	-1%
Equity CAGR 3Y	32%
Market Cap	$9.99B
Revenue	$729.58M
Assets	$1.76B
Total Debt	$448.28M
Cash	$146.81M
Shares Outstanding	71.83M
EV	10.29B
Earnings Score	8%
Moat Score	78%
Safety Score	64%
Final Score	50%
Working Capital	794.89M
Current Ratio	8.35
Gross Profit	$393.77M
Shares Growth 3y	1%
Equity Growth QoQ	4%
Equity Growth YoY	19%

Assets & ROA

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Stockholders Equity & ROE

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MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.

SEC Filings

Direct access to Macom Technology Solutions Holdings, Inc. (MTSI) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-K Sep 27
- 10-Q Jun 28
- 10-Q Mar 29
2023
- 10-Q Dec 29
- 10-K Sep 29
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-Q Dec 30
- 10-K Sep 30
- 10-Q Jul 01
- 10-Q Apr 01

Sector Comparison

How does Macom Technology Solutions Holdings, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Macom Technology Solutions Holdings, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 12%

Stability 12%

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Macom Technology Solutions Holdings, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Macom Technology Solutions Holdings, Inc..

Years

Calculation mode

= $10B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$140M	$180M	$231M	$297M	$382M	$491M	$631M	$811M	$1B	$1.3B	$1.7B	$17B
DCF		$164M	$191M	$223M	$261M	$305M	$356M	$416M	$486M	$568M	$663M	$6.6B
Value	$10B

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.

Years	10/2015	09/2016	09/2017	09/2018	09/2019	10/2020	09/2021	09/2022	09/2023	09/2024	TTM
Net Margins	12%	0%	-24%	-29%	-77%	-9%	6%	65%	14%	11%	11%
ROA	-	1%	-1%	-7%	-34%	0%	7%	15%	7%	5%	5%
ROE	-	0%	-22%	-25%	-122%	-15%	8%	52%	10%	7%	7%

Good Net Margins (10.53%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

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.

Years	10/2015	09/2016	09/2017	09/2018	09/2019	10/2020	09/2021	09/2022	09/2023	09/2024	TTM
Debt over FCF	-	12.18	23.66	-39.71	-38.36	4.37	4.38	3.79	3.16	3.2	3.2
Debt over Equity	0.81	1.26	0.86	0.99	2.11	2.24	1.21	0.68	0.47	0.4	0.4
Growth Stability	-	-	-	-	-	-	-	-	64%	40%	40%

Neutral Debt/FCF ratio (3.2)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (0.4)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (40%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

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.

Years	10/2015	09/2016	09/2017	09/2018	09/2019	10/2020	09/2021	09/2022	09/2023	09/2024	CAGR 5Y
Revenue YoY growth	-	29%	28%	-18%	-12%	6%	15%	11%	-4%	13%	8%
Earnings YoY growth	-	-97%	-12K%	-1%	129%	-88%	-182%	1K%	-79%	-16%	38%
Equity YoY growth	-	9%	68%	-14%	-53%	-4%	57%	79%	12%	19%	40%
FCF YoY growth	-	-1K%	-41%	-159%	3%	-991%	-15%	15%	-5%	-1%	21%