Financials MaxLinear, Inc.

Equities

MXL

US57776J1007

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
20.59 USD -0.44% Intraday chart for MaxLinear, Inc. +4.78% -13.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,519 2,832 5,785 2,667 1,939 1,712 - -
Enterprise Value (EV) 1 1,633 3,047 5,961 2,602 1,874 1,674 1,674 1,615
P/E ratio -75.8 x -28.3 x 142 x 21.9 x -26.1 x -8.86 x -22.2 x -52.7 x
Yield - - - - - - - -
Capitalization / Revenue 4.79 x 5.92 x 6.48 x 2.38 x 2.8 x 3.9 x 2.78 x 2.32 x
EV / Revenue 5.15 x 6.37 x 6.68 x 2.32 x 2.7 x 3.81 x 2.72 x 2.19 x
EV / EBITDA 19,802,686 x 31,274,355 x 22,263,994 x 6,459,303 x 13,286,051 x - 12,796,028 x 9,252,357 x
EV / FCF 22.8 x 49.9 x 46.2 x 7.49 x 62.6 x 28.4 x 29.4 x 17.6 x
FCF Yield 4.38% 2.01% 2.17% 13.4% 1.6% 3.53% 3.4% 5.68%
Price to Book 3.63 x 7.14 x 11.8 x 4.06 x 2.8 x 3.11 x 3.29 x 3.18 x
Nbr of stocks (in thousands) 71,566 74,168 76,735 78,566 81,561 83,128 - -
Reference price 2 21.22 38.19 75.39 33.95 23.77 20.59 20.59 20.59
Announcement Date 2/5/20 2/3/21 2/2/22 2/1/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 317.2 478.6 892.4 1,120 693.3 438.9 614.9 737.3
EBITDA 82.46 97.43 267.7 402.8 141 - 130.8 174.5
EBIT 1 72.92 83.35 241.8 369.8 107.5 -11 89.89 141.2
Operating Margin 22.99% 17.42% 27.09% 33.01% 15.51% -2.51% 14.62% 19.15%
Earnings before Tax (EBT) 1 -32.48 -114.9 47.87 174.2 -63.81 -183.7 -54.91 -13.51
Net income 1 -19.9 -98.59 41.97 125 -73.15 -186.7 -78.39 -42.72
Net margin -6.27% -20.6% 4.7% 11.16% -10.55% -42.55% -12.75% -5.79%
EPS 2 -0.2800 -1.350 0.5300 1.550 -0.9100 -2.324 -0.9283 -0.3909
Free Cash Flow 1 71.46 61.11 129.1 347.5 29.92 59 56.92 91.67
FCF margin 22.53% 12.77% 14.46% 31.02% 4.32% 13.44% 9.26% 12.43%
FCF Conversion (EBITDA) 86.67% 62.72% 48.21% 86.27% 21.21% - 43.5% 52.53%
FCF Conversion (Net income) - - 307.51% 277.89% - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/5/20 2/3/21 2/2/22 2/1/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 247.9 263.9 280 285.7 290.6 248.4 183.9 135.5 125.4 95.27 100.2 112.6 130.6 130.3 143.9
EBITDA 86.13 96.04 104.1 99.61 104.5 77.76 40.5 15.35 8.969 -7.715 - - 13.65 17.8 25.4
EBIT 1 76.95 88.38 90.14 96.73 94.57 69.13 29.75 7.317 1.299 -17.02 -14.54 -0.75 9.78 13.02 17.79
Operating Margin 31.04% 33.49% 32.19% 33.85% 32.55% 27.83% 16.18% 5.4% 1.04% -17.87% -14.5% -0.67% 7.49% 9.99% 12.36%
Earnings before Tax (EBT) 1 28.48 45.04 43.85 - 40.71 25.1 -4.76 -41.52 -42.63 -74.07 -54.25 -39.78 -30.36 - -
Net income 1 28.18 33.59 31.97 28.41 31.08 9.533 -4.351 -39.83 -38.5 -72.31 -49.91 -41.14 -30.46 -30.2 -23
Net margin 11.37% 12.73% 11.42% 9.94% 10.7% 3.84% -2.37% -29.39% -30.71% -75.9% -49.8% -36.52% -23.32% -23.17% -15.98%
EPS 2 0.3500 0.4200 0.4000 0.3500 0.3800 0.1200 -0.0500 -0.4900 -0.4700 -0.8800 -0.6373 -0.5137 -0.3719 -0.3568 -0.2707
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/2/22 4/27/22 7/27/22 10/25/22 2/1/23 4/26/23 7/26/23 10/25/23 1/31/24 4/24/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 114 215 176 - - - - -
Net Cash position 1 - - - 65.6 64.9 38 37.2 97.1
Leverage (Debt/EBITDA) 1.385 x 2.203 x 0.6558 x - - - - -
Free Cash Flow 1 71.5 61.1 129 347 29.9 59 56.9 91.7
ROE (net income / shareholders' equity) 14.2% 16.3% 48.7% 58.7% 13.3% -13.3% 3.05% 2.6%
ROA (Net income/ Total Assets) 7.97% 7.62% 20.7% 30.7% 8.01% -4.3% 5.6% 13.2%
Assets 1 -249.6 -1,294 202.7 407.5 -913.6 4,343 -1,400 -323.6
Book Value Per Share 2 5.840 5.350 6.370 8.370 8.500 6.620 6.260 6.480
Cash Flow per Share 2 1.100 1.010 2.110 4.810 0.5300 -0.1200 0.9100 1.330
Capex 1 6.89 12.5 39.2 41.3 13.5 26.1 26.6 23.2
Capex / Sales 2.17% 2.61% 4.39% 3.68% 1.94% 5.95% 4.33% 3.15%
Announcement Date 2/5/20 2/3/21 2/2/22 2/1/23 1/31/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
20.59 USD
Average target price
22.73 USD
Spread / Average Target
+10.38%
Consensus
  1. Stock Market
  2. Equities
  3. MXL Stock
  4. Financials MaxLinear, Inc.