(CRUS) Cirrus Logic - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 7.508m USD | Total Return: 88.6% in 12m
Industry Rotation: +27.4
Avg Turnover: 76.9M USD
Peers RS (IBD): 57.3
EPS Trend: 1.1%
Qual. Beats: 0
Rev. Trend: 17.7%
Qual. Beats: 5
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Cirrus Logic, Inc. (CRUS) is a fabless semiconductor company specializing in mixed-signal processing solutions and audio products.
The companys audio product portfolio includes amplifiers, codecs, smart codecs, and digital signal processors. These components are integrated into a wide range of consumer electronics, such as smartphones, tablets, and AR/VR headsets, reflecting the pervasive demand for high-quality audio in modern devices.
CRUS also develops mixed-signal products, including camera controllers, haptic and sensing solutions, and battery and power integrated circuits. These products serve diverse markets, including automotive, industrial, and imaging applications, showcasing the broad applicability of semiconductor technology.
The company utilizes a direct sales force, external representatives, and distributors to market its products globally. For further in-depth analysis, consider exploring ValueRays comprehensive reports.
- Smartphone audio chip demand drives revenue
- Diversification into haptics and power ICs expands market
- Automotive and industrial sector growth boosts mixed-signal sales
- Apples product cycles significantly impact revenue
| Net Income: 403.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.25 > 0.02 and ΔFCF/TA 5.65 > 1.0 |
| NWC/Revenue: 62.09% < 20% (prev 56.39%; Δ 5.70% < -1%) |
| CFO/TA 0.26 > 3% & CFO 629.6m > Net Income 403.9m |
| Net Debt (-523.2m) to EBITDA (521.3m): -1.00 < 3 |
| Current Ratio: 7.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (52.7m) vs 12m ago -4.32% < -2% |
| Gross Margin: 52.87% > 18% (prev 0.52%; Δ 5.23k% > 0.5%) |
| Asset Turnover: 81.88% > 50% (prev 78.01%; Δ 3.88% > 0%) |
| Interest Coverage Ratio: 367.1 > 6 (EBITDA TTM 521.3m / Interest Expense TTM 897k) |
| A: 0.50 (Total Current Assets 1.41b - Total Current Liabilities 184.2m) / Total Assets 2.46b |
| B: 0.07 (Retained Earnings 178.7m / Total Assets 2.46b) |
| C: 0.14 (EBIT TTM 329.3m / Avg Total Assets 2.41b) |
| D: 0.50 (Book Value of Equity 178.0m / Total Liabilities 353.3m) |
| Altman-Z'' Score: 4.96 = AAA |
| DSRI: 0.99 (Receivables 279.0m/261.9m, Revenue 1.97b/1.84b) |
| GMI: 0.99 (GM 52.87% / 52.18%) |
| AQI: 0.91 (AQ_t 0.32 / AQ_t-1 0.35) |
| SGI: 1.07 (Revenue 1.97b / 1.84b) |
| TATA: -0.09 (NI 403.9m - CFO 629.6m) / TA 2.46b) |
| Beneish M-Score: -3.14 (Cap -4..+1) = AA |
Over the past week, the price has changed by +7.54%, over one month by +19.23%, over three months by +31.78% and over the past year by +88.57%.
- StrongBuy: 6
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 146.3 | -8.5% |
P/E Forward = 15.674
P/S = 3.8048
P/B = 3.5682
P/EG = 9.3455
Revenue TTM = 1.97b USD
EBIT TTM = 329.3m USD
EBITDA TTM = 521.3m USD
Long Term Debt = 137.3m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 19.7m USD (from shortTermDebt, last quarter)
Debt = 254.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -523.2m USD (from netDebt column, last quarter)
Enterprise Value = 6.94b USD (7.51b + Debt 254.9m - CCE 822.4m)
Interest Coverage Ratio = 367.1 (Ebit TTM 329.3m / Interest Expense TTM 897k)
EV/FCF = 11.29x (Enterprise Value 6.94b / FCF TTM 614.5m)
FCF Yield = 8.85% (FCF TTM 614.5m / Enterprise Value 6.94b)
FCF Margin = 31.14% (FCF TTM 614.5m / Revenue TTM 1.97b)
Net Margin = 20.47% (Net Income TTM 403.9m / Revenue TTM 1.97b)
Gross Margin = 52.87% ((Revenue TTM 1.97b - Cost of Revenue TTM 930.0m) / Revenue TTM)
Gross Margin QoQ = 53.07% (prev 52.48%)
Tobins Q-Ratio = 2.83 (Enterprise Value 6.94b / Total Assets 2.46b)
Interest Expense / Debt = 0.09% (Interest Expense 218k / Debt 254.9m)
Taxrate = 13.63% (22.1m / 162.4m)
NOPAT = 284.4m (EBIT 329.3m * (1 - 13.63%))
Current Ratio = 7.65 (Total Current Assets 1.41b / Total Current Liabilities 184.2m)
Debt / Equity = 0.12 (Debt 254.9m / totalStockholderEquity, last quarter 2.10b)
Debt / EBITDA = -1.00 (Net Debt -523.2m / EBITDA 521.3m)
Debt / FCF = -0.85 (Net Debt -523.2m / FCF TTM 614.5m)
Total Stockholder Equity = 2.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.76% (Net Income 403.9m / Total Assets 2.46b)
RoE = 20.13% (Net Income TTM 403.9m / Total Stockholder Equity 2.01b)
RoCE = 15.36% (EBIT 329.3m / Capital Employed (Equity 2.01b + L.T.Debt 137.3m))
RoIC = 14.18% (NOPAT 284.4m / Invested Capital 2.01b)
WACC = 11.13% (E(7.51b)/V(7.76b) * Re(11.51%) + D(254.9m)/V(7.76b) * Rd(0.09%) * (1-Tc(0.14)))
Discount Rate = 11.51% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.64%
[DCF] Terminal Value 71.07% ; FCFF base≈551.8m ; Y1≈646.1m ; Y5≈977.6m
[DCF] Fair Price = 211.7 (EV 10.27b - Net Debt -523.2m = Equity 10.80b / Shares 51.0m; r=11.13% [WACC]; 5y FCF grow 18.20% → 3.0% )
EPS Correlation: 1.09 | EPS CAGR: -41.47% | SUE: -4.0 | # QB: 0
Revenue Correlation: 17.74 | Revenue CAGR: 4.63% | SUE: 2.39 | # QB: 5
EPS next Quarter (2026-06-30): EPS=1.49 | Chg7d=+0.000 | Chg30d=+0.366 | Revisions Net=+6 | Analysts=7
EPS next Year (2027-03-31): EPS=9.22 | Chg7d=+0.479 | Chg30d=+1.613 | Revisions Net=+5 | Growth EPS=+1.8% | Growth Revenue=+3.6%
[Analyst] Revisions Ratio: +1.00 (6 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.4% (Discount Rate 11.5% - Earnings Yield 5.2%)
[Growth] Growth Spread = -4.9% (Analyst 1.4% - Implied 6.4%)