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Sitime Corporation

Technology US SITM

150.43USD
2.65(1.79%)

Last update at 2024-07-25T16:54:00Z

Day Range

140.52151.49
LowHigh

52 Week Range

72.39141.99
LowHigh

Fundamentals

  • Previous Close 147.78
  • Market Cap2960.72M
  • Volume95495
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-95.91400M
  • Revenue TTM138.67M
  • Revenue Per Share TTM6.18
  • Gross Profit TTM 182.96M
  • Diluted EPS TTM-4.27

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 23.34M 32.35M -9.37100M -6.61500M -9.36800M
Minority interest - - - - -
Net income 23.25M 32.28M -9.37200M -6.60700M -9.34200M
Selling general administrative 76.53M 54.52M 34.89M 20.64M 6.61M
Selling and marketing expenses - - - - 14.61M
Gross profit 182.96M 139.46M 57.93M 39.56M 36.20M
Reconciled depreciation 11.84M 7.93M 6.40M 8.27M 7.41M
Ebit 4.30M 24.92M -8.61300M -4.87300M -7.85600M
Ebitda 16.14M 32.84M -8.64500M -4.90100M -0.44300M
Depreciation and amortization 11.84M 7.93M -0.03200M -0.02800M 7.41M
Non operating income net other - -0.48800M -0.03200M - -
Operating income 4.30M 24.92M -8.61300M -4.87300M -7.79000M
Other operating expenses 267.46M 185.97M 124.77M 88.95M 93.00M
Interest expense -19.03700M 7.44M 0.73M 1.71M 1.51M
Tax provision 0.08M 0.08M 0.00100M -0.00800M -0.02600M
Interest income 7.29M - - 1.71M 1.51M
Net interest income 7.29M 0.00000M -0.72600M -1.71400M -1.51200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.08M 0.08M 0.00100M -0.00800M -0.02600M
Total revenue 283.61M 218.81M 116.16M 84.07M 85.21M
Total operating expenses 166.82M 106.62M 66.55M 44.43M 43.99M
Cost of revenue 100.64M 79.35M 58.22M 44.52M 49.01M
Total other income expense net 19.04M 7.44M -0.75800M -1.74200M -0.06600M
Discontinued operations - - - - -
Net income from continuing ops 23.25M 32.28M -9.37200M -6.60700M -9.34200M
Net income applicable to common shares 23.25M 32.28M -9.37200M -6.60700M -9.34200M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 951.68M 750.62M 678.21M 136.01M 123.39M
Intangible assets 177.08M 5.21M 5.98M 2.07M 4.49M
Earning assets - - - - -
Other current assets 7.64M 2.97M 2.08M 0.72M 0.98M
Total liab 243.63M 42.14M 45.71M 26.13M 61.25M
Total stockholder equity 708.05M 708.48M 632.50M 109.88M 62.14M
Deferred long term liab - - - - -
Other current liab 110.10M 16.43M 4.52M 3.06M 1.22M
Common stock 0.00200M 0.00200M 0.00200M 0.00200M 0.00200M
Capital stock 0.00200M 0.00200M 0.00200M 0.00200M 0.00200M
Retained earnings -88.40000M -7.86500M -31.11900M -63.39600M -54.02400M
Other liab - 0.19M 1.93M - -
Good will 87.10M - - - -
Other assets - 6.72M 0.19M 9.05M 0.16M
Cash 9.47M 34.60M 559.46M 73.53M 63.42M
Cash and equivalents - - - - -
Total current liabilities 121.39M 33.79M 37.38M 19.14M 53.31M
Current deferred revenue - - 18.43M 8.64M 7.22M
Net debt -1.44400M -23.96900M -553.06300M -66.53900M -14.47800M
Short term debt 2.60M 2.48M 1.34M 1.26M 41.00M
Short long term debt - - - - 41.00M
Short long term debt total 8.02M 10.63M 6.40M 6.99M 48.94M
Other stockholder equity 796.45M 716.34M 663.61M 173.27M 116.16M
Property plant equipment - 69.62M 46.10M 11.71M 19.08M
Total current assets 623.24M 669.07M 625.94M 113.18M 99.66M
Long term investments - - - - -
Net tangible assets - 703.27M 626.52M 107.81M 57.65M
Short term investments 518.73M 529.49M - - -
Net receivables 21.86M 41.23M 38.38M 24.66M 18.73M
Long term debt - - - - -
Inventory 65.54M 57.65M 23.63M 12.35M 11.91M
Accounts payable 8.69M 14.88M 13.10M 6.18M 3.87M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - - -16.38000M -13.42400M
Additional paid in capital - - - - -
Common stock total equity - - 0.00200M 0.00200M 0.00200M
Preferred stock total equity - - - - -
Retained earnings total equity - - -31.11900M -63.39600M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.32M 6.72M 0.19M 0.16M 0.16M
Deferred long term asset charges - - - - -
Non current assets total 328.44M 81.55M 52.27M 22.83M 23.73M
Capital lease obligations 8.02M 8.15M 6.40M 6.99M 9.81M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -560.08800M -33.78800M -7.79300M -3.20200M -5.01200M
Change to liabilities 2.47M 15.62M 6.76M -1.14800M -0.64800M
Total cashflows from investing activities -560.08800M -33.78800M -7.79300M -3.20200M -5.01200M
Net borrowings - - -41.00000M -5.00000M 3.00M
Total cash from financing activities -4.52200M 460.65M 1.30M 51.35M 4.85M
Change to operating activities -13.65800M 7.94M 6.44M -4.87700M 3.50M
Net income 23.25M 32.28M -9.37200M -6.60700M -9.34200M
Change in cash -524.85800M 485.94M 10.11M 55.53M -1.20800M
Begin period cash flow 559.46M 73.53M 63.42M 7.89M 9.10M
End period cash flow 34.60M 559.46M 73.53M 63.42M 7.89M
Total cash from operating activities 39.75M 59.08M 16.60M 7.38M -1.04600M
Issuance of capital stock 33.98M 460.65M 45.79M 56.35M 1.85M
Depreciation 11.84M 7.93M 6.40M 8.27M 7.41M
Other cashflows from investing activities - -2.91000M -1.69500M - -
Dividends paid - - - - -
Change to inventory -36.99200M -13.09600M -2.07000M 8.14M -13.98200M
Change to account receivables -2.85300M -13.72000M -5.92400M 1.88M 2.01M
Sale purchase of stock - 460.65M 45.79M 56.35M -
Other cashflows from financing activities -38.49900M -33.78800M 31.51M -3.20200M 21.00M
Change to netincome 55.69M 31.93M 18.52M 1.71M 10.00M
Capital expenditures 35.65M 33.79M 7.79M 3.20M 5.01M
Change receivables - -13.72000M -5.92400M - -
Cash flows other operating - -1.85900M 2.29M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - 485.94M 10.11M - -
Change in working capital -51.03500M -13.05100M 1.05M 2.63M -9.11300M
Stock based compensation 57.41M 29.99M 16.01M 1.38M 0.83M
Other non cash items -1.72500M 0.12M 0.11M 1.38M 9.16M
Free cash flow 4.10M 25.29M 8.81M 4.18M -6.05800M

Peer Comparison

Sector: Technology Industry: Semiconductors

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SITM
Sitime Corporation
2.65 1.79% 150.43 - 178.57 12.95 2.63 9.33 -16.1278
NVDA
NVIDIA Corporation
1.60 1.40% 115.85 62.11 36.76 36.43 51.65 36.19 61.96
AVGO
Broadcom Inc
1.30 0.86% 152.64 52.53 28.65 16.03 8.86 17.67 34.54
TSM
Taiwan Semiconductor Manufacturing
1.81 1.13% 161.61 19.45 15.92 0.24 4.85 0.22 0.30
AMD
Advanced Micro Devices Inc
-2.685 1.86% 141.94 244.65 48.78 11.64 4.72 11.51 62.93

Reports Covered

Stock Research & News

Profile

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. It serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense. The company sells its products directly to customers, distributors, and resellers. SiTime Corporation was incorporated in 2003 and is based in Santa Clara, California.

Sitime Corporation

5451 Patrick Henry Drive, Santa Clara, CA, United States, 95054

Key Executives

Name Title Year Born
Mr. Rajesh Vashist Chairman, Pres & CEO 1958
Mr. Piyush B. Sevalia Exec. VP of Marketing 1968
Mr. Lionel Bonnot Exec. VP of Worldwide Sales & Bus. Devel. 1967
Dr. Aaron Partridge Co-Founder NA
Mr. Markus Lutz Co-Founder NA
Mr. Arthur D. Chadwick Exec. VP & CFO 1957
Mr. Atul P. Shingal Exec. VP of Operations 1961
Dr. Fariborz Assaderaghi Ph.D. Exec. VP of Technology & Engineering 1963
Mr. Vincent P. Pangrazio J.D. Exec. VP, Chief Legal Officer & Corp. Sec. 1964
Mr. David Sweet Partner NA

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