(TSEM) Tower Semiconductor - Ratings and Ratios
SiGe, SiPho, RF CMOS, Power Management, Mixed-Signal
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 56.0% |
| Value at Risk 5%th | 85.7% |
| Relative Tail Risk | -6.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.80 |
| Alpha | 118.35 |
| CAGR/Max DD | 0.73 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.380 |
| Beta | 1.707 |
| Beta Downside | 1.996 |
| Drawdowns 3y | |
|---|---|
| Max DD | 52.14% |
| Mean DD | 18.07% |
| Median DD | 14.94% |
Description: TSEM Tower Semiconductor November 06, 2025
Tower Semiconductor Ltd. (NASDAQ:TSEM) is an independent foundry headquartered in Migdal Haemek, Israel, that offers a broad portfolio of customizable process technologies-including SiGe, SiPh-on, mixed-signal CMOS, RF CMOS, CMOS image sensors, non-imaging sensors, and integrated power-management solutions-to fabless and integrated device manufacturers across the U.S., Japan, the rest of Asia, and Europe. Its design-enablement platform and transfer-optimization services support the full IC design cycle for end-markets such as consumer electronics, PCs, communications, smartphones, automotive, industrial, aerospace, and medical devices.
Key recent metrics (FY 2023) show revenue of roughly $1.0 billion with an EBITDA margin near 15%, while capacity utilization hovered around 80%, reflecting steady demand for automotive and RF sensor chips amid a global semiconductor shortage. The company’s exposure to the automotive sector is a double-edged sword: rising vehicle electrification drives sensor demand, but cyclicality in auto production can compress volumes. Additionally, the broader foundry market is being reshaped by geopolitical supply-chain diversification, which could benefit a non-U.S. located player like Tower if it secures more “friend-shoring” contracts.
For a deeper quantitative assessment, you might explore ValueRay’s detailed financial models for TSEM.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (195.5m TTM) > 0 and > 6% of Revenue (6% = 90.8m TTM) |
| FCFTA 0.01 (>2.0%) and ΔFCFTA 1.45pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 99.82% (prev 101.4%; Δ -1.55pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.14 (>3.0%) and CFO 456.8m > Net Income 195.5m (YES >=105%, WARN >=100%) |
| Net Debt (-108.7m) to EBITDA (504.4m) ratio: -0.22 <= 3.0 (WARN <= 3.5) |
| Current Ratio 6.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (113.8m) change vs 12m ago 1.14% (target <= -2.0% for YES) |
| Gross Margin 22.01% (prev 24.06%; Δ -2.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 47.94% (prev 45.78%; Δ 2.16pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 33.20 (EBITDA TTM 504.4m / Interest Expense TTM 5.86m) >= 6 (WARN >= 3) |
Altman Z'' 6.76
| (A) 0.46 = (Total Current Assets 1.78b - Total Current Liabilities 269.2m) / Total Assets 3.25b |
| (B) 0.21 = Retained Earnings (Balance) 675.5m / Total Assets 3.25b |
| (C) 0.06 = EBIT TTM 194.6m / Avg Total Assets 3.16b |
| (D) 2.49 = Book Value of Equity 1.05b / Total Liabilities 420.0m |
| Total Rating: 6.76 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.75
| 1. Piotroski 4.50pt |
| 2. FCF Yield 0.28% |
| 3. FCF Margin 2.20% |
| 4. Debt/Equity 0.06 |
| 5. Debt/Ebitda -0.22 |
| 6. ROIC - WACC (= 8.24)% |
| 7. RoE 7.13% |
| 8. Rev. Trend -50.75% |
| 9. EPS Trend -30.35% |
What is the price of TSEM shares?
Over the past week, the price has changed by +4.32%, over one month by +11.76%, over three months by +80.10% and over the past year by +137.36%.
Is TSEM a buy, sell or hold?
- Strong Buy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the TSEM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 124 | 4.3% |
| Analysts Target Price | 124 | 4.3% |
| ValueRay Target Price | 142.5 | 19.8% |
TSEM Fundamental Data Overview December 06, 2025
P/E Trailing = 66.5145
P/E Forward = 45.045
P/S = 8.527
P/B = 4.5709
P/EG = 0.9
Beta = 0.906
Revenue TTM = 1.51b USD
EBIT TTM = 194.6m USD
EBITDA TTM = 504.4m USD
Long Term Debt = 130.9m USD (from longTermDebt, last quarter)
Short Term Debt = 33.2m USD (from shortTermDebt, last quarter)
Debt = 164.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -108.7m USD (from netDebt column, last quarter)
Enterprise Value = 11.84b USD (12.90b + Debt 164.1m - CCE 1.22b)
Interest Coverage Ratio = 33.20 (Ebit TTM 194.6m / Interest Expense TTM 5.86m)
FCF Yield = 0.28% (FCF TTM 33.3m / Enterprise Value 11.84b)
FCF Margin = 2.20% (FCF TTM 33.3m / Revenue TTM 1.51b)
Net Margin = 12.92% (Net Income TTM 195.5m / Revenue TTM 1.51b)
Gross Margin = 22.01% ((Revenue TTM 1.51b - Cost of Revenue TTM 1.18b) / Revenue TTM)
Gross Margin QoQ = 23.52% (prev 21.51%)
Tobins Q-Ratio = 3.64 (Enterprise Value 11.84b / Total Assets 3.25b)
Interest Expense / Debt = 3.57% (Interest Expense 5.86m / Debt 164.1m)
Taxrate = 12.49% (7.62m / 61.1m)
NOPAT = 170.3m (EBIT 194.6m * (1 - 12.49%))
Current Ratio = 6.61 (Total Current Assets 1.78b / Total Current Liabilities 269.2m)
Debt / Equity = 0.06 (Debt 164.1m / totalStockholderEquity, last quarter 2.83b)
Debt / EBITDA = -0.22 (Net Debt -108.7m / EBITDA 504.4m)
Debt / FCF = -3.26 (Net Debt -108.7m / FCF TTM 33.3m)
Total Stockholder Equity = 2.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.01% (Net Income 195.5m / Total Assets 3.25b)
RoE = 7.13% (Net Income TTM 195.5m / Total Stockholder Equity 2.74b)
RoCE = 6.78% (EBIT 194.6m / Capital Employed (Equity 2.74b + L.T.Debt 130.9m))
RoIC = 20.42% (NOPAT 170.3m / Invested Capital 834.2m)
WACC = 12.18% (E(12.90b)/V(13.07b) * Re(12.30%) + D(164.1m)/V(13.07b) * Rd(3.57%) * (1-Tc(0.12)))
Discount Rate = 12.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.09%
[DCF Debug] Terminal Value 54.77% ; FCFE base≈33.3m ; Y1≈22.5m ; Y5≈10.9m
Fair Price DCF = 1.10 (DCF Value 123.5m / Shares Outstanding 112.1m; 5y FCF grow -37.87% → 3.0% )
EPS Correlation: -30.35 | EPS CAGR: 0.0% | SUE: 0.54 | # QB: 0
Revenue Correlation: -50.75 | Revenue CAGR: -1.08% | SUE: 0.64 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.55 | Chg30d=-0.008 | Revisions Net=+1 | Analysts=5
EPS next Year (2026-12-31): EPS=2.91 | Chg30d=+0.146 | Revisions Net=+4 | Growth EPS=+33.4% | Growth Revenue=+16.8%
Additional Sources for TSEM Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle