Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog semiconductor markets primarily in Asia, North America, and Europe. The company was founded in 1959 and is based in Plano, Texas.
DIOD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Diodes Inc. To summarize, we found that Diodes Inc ranked in the 37th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 47%. In terms of the factors that were most noteworthy in this DCF analysis for DIOD, they are:
The business' balance sheet suggests that 9% of the company's capital is sourced from debt; this is greater than merely 24.81% of the free cash flow producing stocks we're observing.
DIOD's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 35.73% of tickers in our DCF set.
The weighted average cost of capital for the company is 9. This value is greater than just 23.38% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Diodes Inc? See AVID, FIVN, GLOB, ORCL, and PALT.
Gilead Sciences, Inc. (Nasdaq: GILD) announced today that its fourth quarter and full year 2020 financial results will be released on Thursday, February 4, after the market closes. At 4:30 p.m. Eastern Time, Gilead’s management will host a conference call to discuss the company’s fourth quarter and full year 2020 financial results and will provide a business update.