(MX) MagnaChip Semiconductor - Overview

Exchange: NYSE • Country: South Korea • Currency: USD • Type: Common Stock • ISIN: US55933J2033

Stock: Display Drivers, Power Management, Analog Mixed-Signal

Total Rating 33
Risk 98
Buy Signal 0.80

EPS (Earnings per Share)

EPS (Earnings per Share) of MX over the last years for every Quarter: "2020-12": 0.4, "2021-03": 0.22, "2021-06": 0.15, "2021-09": 0.42, "2021-12": 0.31, "2022-03": 0.28, "2022-06": 0.23, "2022-09": 0.02, "2022-12": -0.36, "2023-03": -0.24, "2023-06": -0.06, "2023-09": -0.04, "2023-12": -0.21, "2024-03": -0.28, "2024-06": -0.21, "2024-09": -0.26, "2024-12": 0.07, "2025-03": -0.1, "2025-06": 0.23, "2025-09": -0.01, "2025-12": 0,

Revenue

Revenue of MX over the last years for every Quarter: 2020-12: 142.945, 2021-03: 123.019, 2021-06: 113.876, 2021-09: 127, 2021-12: 110.335, 2022-03: 104.093, 2022-06: 101.376, 2022-09: 71.199, 2022-12: 60.99, 2023-03: 57.005, 2023-06: 60.979, 2023-09: 61.245, 2023-12: 50.822, 2024-03: 43.438, 2024-06: 46.4, 2024-09: 66.46, 2024-12: 63.039, 2025-03: 44.722, 2025-06: 47.622, 2025-09: 45.946, 2025-12: null,
Risk 5d forecast
Volatility 54.6%
Relative Tail Risk -12.5%
Reward TTM
Sharpe Ratio -0.41
Alpha -54.54
Character TTM
Beta 1.482
Beta Downside 1.784
Drawdowns 3y
Max DD 79.86%
CAGR/Max DD -0.42

Description: MX MagnaChip Semiconductor January 20, 2026

Magnachip Semiconductor (NYSE:MX) designs and manufactures analog and mixed-signal ICs that serve a broad set of markets-including communications, IoT, consumer electronics, computing, industrial equipment, and automotive. Its product portfolio spans display drivers (source/gate drivers, timing controllers for LCD, OLED, and Micro-LED panels), power management solutions (MOSFETs, IGBTs, AC-DC and DC-DC converters, LED drivers, regulators), and specialized OLED display driver ICs.

Key operating metrics show FY 2023 revenue of roughly $1.1 billion with a gross margin near 45 %, reflecting strong pricing power in power-management chips for EVs and e-bike applications. The company’s growth is tied to macro trends such as the accelerating adoption of electric vehicles (projected +15 % YoY demand for power ICs) and the expansion of 5G/edge-computing infrastructure, both of which drive higher volumes of mixed-signal components.

Magnachip reaches OEMs, ODMs, and EMS firms across Korea, the broader Asia-Pacific region, the United States, and Europe, leveraging a direct sales force complemented by agents and distributors. For a deeper quantitative assessment, you may want to explore ValueRay’s detailed valuation models for MX.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: -37.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.13 > 0.02 and ΔFCF/TA -5.29 > 1.0
NWC/Revenue: 75.34% < 20% (prev 92.56%; Δ -17.21% < -1%)
CFO/TA -0.05 > 3% & CFO -17.8m > Net Income -37.9m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 4.32 > 1.5 & < 3
Outstanding Shares: last quarter (36.3m) vs 12m ago -3.12% < -2%
Gross Margin: 21.61% > 18% (prev 0.21%; Δ 2140 % > 0.5%)
Asset Turnover: 52.23% > 50% (prev 50.35%; Δ 1.88% > 0%)
Interest Coverage Ratio: -17.04 > 6 (EBITDA TTM -18.8m / Interest Expense TTM 1.92m)

Altman Z'' 6.27

A: 0.42 (Total Current Assets 197.4m - Total Current Liabilities 45.7m) / Total Assets 359.6m
B: 0.62 (Retained Earnings 222.9m / Total Assets 359.6m)
C: -0.08 (EBIT TTM -32.8m / Avg Total Assets 385.5m)
D: 1.96 (Book Value of Equity 204.1m / Total Liabilities 104.3m)
Altman-Z'' Score: 6.27 = AAA

Beneish M -3.06

DSRI: 1.08 (Receivables 35.6m/34.0m, Revenue 201.3m/207.1m)
GMI: 0.96 (GM 21.61% / 20.83%)
AQI: 1.02 (AQ_t 0.18 / AQ_t-1 0.18)
SGI: 0.97 (Revenue 201.3m / 207.1m)
TATA: -0.06 (NI -37.9m - CFO -17.8m) / TA 359.6m)
Beneish M-Score: -3.06 (Cap -4..+1) = AA

What is the price of MX shares?

As of February 07, 2026, the stock is trading at USD 3.04 with a total of 329,996 shares traded.
Over the past week, the price has changed by +4.83%, over one month by +4.83%, over three months by +26.14% and over the past year by -32.29%.

Is MX a buy, sell or hold?

MagnaChip Semiconductor has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MX.
  • StrongBuy: 0
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the MX price?

Issuer Target Up/Down from current
Wallstreet Target Price 4 31.6%
Analysts Target Price 4 31.6%
ValueRay Target Price 2.4 -21.1%

MX Fundamental Data Overview February 03, 2026

P/E Forward = 29.0698
P/S = 0.4643
P/B = 0.4157
P/EG = 1.0775
Revenue TTM = 201.3m USD
EBIT TTM = -32.8m USD
EBITDA TTM = -18.8m USD
Long Term Debt = 38.9m USD (from longTermDebt, last quarter)
Short Term Debt = 1.43m USD (from shortTermDebt, last quarter)
Debt = 41.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -66.6m USD (from netDebt column, last quarter)
Enterprise Value = 37.7m USD (104.3m + Debt 41.4m - CCE 108.0m)
Interest Coverage Ratio = -17.04 (Ebit TTM -32.8m / Interest Expense TTM 1.92m)
EV/FCF = -0.83x (Enterprise Value 37.7m / FCF TTM -45.2m)
FCF Yield = -119.8% (FCF TTM -45.2m / Enterprise Value 37.7m)
FCF Margin = -22.45% (FCF TTM -45.2m / Revenue TTM 201.3m)
Net Margin = -18.84% (Net Income TTM -37.9m / Revenue TTM 201.3m)
Gross Margin = 21.61% ((Revenue TTM 201.3m - Cost of Revenue TTM 157.8m) / Revenue TTM)
Gross Margin QoQ = 18.59% (prev 20.39%)
Tobins Q-Ratio = 0.10 (Enterprise Value 37.7m / Total Assets 359.6m)
Interest Expense / Debt = 1.13% (Interest Expense 469.0k / Debt 41.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -25.9m (EBIT -32.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.32 (Total Current Assets 197.4m / Total Current Liabilities 45.7m)
Debt / Equity = 0.16 (Debt 41.4m / totalStockholderEquity, last quarter 255.3m)
Debt / EBITDA = 3.54 (negative EBITDA) (Net Debt -66.6m / EBITDA -18.8m)
Debt / FCF = 1.47 (negative FCF - burning cash) (Net Debt -66.6m / FCF TTM -45.2m)
Total Stockholder Equity = 267.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -9.84% (Net Income -37.9m / Total Assets 359.6m)
RoE = -14.16% (Net Income TTM -37.9m / Total Stockholder Equity 267.9m)
RoCE = -10.68% (EBIT -32.8m / Capital Employed (Equity 267.9m + L.T.Debt 38.9m))
RoIC = -8.62% (negative operating profit) (NOPAT -25.9m / Invested Capital 300.4m)
WACC = 8.40% (E(104.3m)/V(145.7m) * Re(11.38%) + D(41.4m)/V(145.7m) * Rd(1.13%) * (1-Tc(0.21)))
Discount Rate = 11.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.32%
Fair Price DCF = unknown (Cash Flow -45.2m)
EPS Correlation: -7.57 | EPS CAGR: -13.66% | SUE: 0.54 | # QB: 0
Revenue Correlation: -80.66 | Revenue CAGR: -20.83% | SUE: -0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.22 | Chg30d=-0.120 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.94 | Chg30d=-0.640 | Revisions Net=+0 | Growth EPS=-42.4% | Growth Revenue=-3.5%

Additional Sources for MX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle