Allegro Microsystems Financials

ALGM Stock  USD 20.75  0.61  3.03%   
Based on the key indicators related to Allegro Microsystems' liquidity, profitability, solvency, and operating efficiency, Allegro Microsystems is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Allegro Microsystems' Cash is very stable compared to the past year. As of the 22nd of November 2024, Non Currrent Assets Other is likely to grow to about 140.6 M, while Total Stockholder Equity is likely to drop about 850.3 M. Key indicators impacting Allegro Microsystems' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.190.1455
Significantly Up
Pretty Stable
Return On Assets0.160.0998
Way Up
Pretty Stable
Return On Equity0.190.1351
Significantly Up
Very volatile
Debt Equity Ratio0.03050.2289
Way Down
Slightly volatile
Operating Income132 M209.5 M
Way Down
Slightly volatile
Current Ratio4.034.853
Significantly Down
Slightly volatile
Investors should never underestimate Allegro Microsystems' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Allegro Microsystems' cash flow, debt, and profitability to make informed and accurate decisions about investing in Allegro Microsystems.

Net Income

109.84 Million

  
Understanding current and past Allegro Microsystems Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Allegro Microsystems' financial statements are interrelated, with each one affecting the others. For example, an increase in Allegro Microsystems' assets may result in an increase in income on the income statement.

Allegro Microsystems Earnings Geography

Allegro Microsystems Stock Summary

Allegro Microsystems competes with Synaptics Incorporated, Microchip Technology, Qorvo, Monolithic Power, and Lattice Semiconductor. Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits and application-specific analog power ICs for motion control and energy-efficient systems. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd. Allegro Microsystems operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 4036 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS01749D1054
CUSIP01749D105
LocationNew Hampshire; U.S.A
Business Address955 Perimeter Road,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.allegromicro.com/en
Phone603 626 2300
CurrencyUSD - US Dollar

Allegro Microsystems Key Financial Ratios

Allegro Microsystems Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets817.8M747.7M892.6M1.2B1.5B1.1B
Other Current Liab5.3M80.8M65.1M94.5M62.4M68.4M
Net Tangible Assets611.9M529.3M678.2M937.9M1.1B732.0M
Net Debt(128.8M)(172.2M)(240.9M)(309.0M)63.1M66.2M
Retained Earnings194.4M3.6M123.0M310.3M463.0M486.2M
Accounts Payable20.8M35.4M29.8M56.3M37.6M37.4M
Cash214.5M197.2M282.4M351.6M212.1M248.9M
Other Assets16.0M41.6M71.2M108.1M124.3M130.5M
Net Receivables92.1M94.8M120.7M130.5M125.2M124.5M
Good Will1.3M20.1M20.0M27.7M202.4M212.5M
Inventory127.2M87.5M86.2M151.3M162.3M136.7M
Other Current Assets14.4M51.0M22.4M32.5M72.6M39.1M
Total Liab183.7M160.8M157.3M214.3M398.9M234.2M
Net Invested Capital718.9M610.8M759.2M990.6M1.4B934.1M
Total Current Assets448.2M430.6M511.7M665.8M572.2M549.2M
Net Working Capital298.1M313.9M407.5M500.5M454.3M410.2M
Intangible Assets20.0M36.4M36.0M52.4M276.9M290.7M

Allegro Microsystems Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision16.2M(19.6M)21.2M23.9M41.9M44.0M
Net Interest Income(110K)(2.6M)(1.1M)(612K)(7.6M)(7.2M)
Interest Expense110K2.6M1.1M2.3M10.8M11.3M
Total Revenue650.1M591.2M768.7M973.7M1.0B872.2M
Gross Profit261.3M278.9M407.5M546.1M574.5M437.8M
Operating Income52.8M17.7M136.7M203.3M209.5M132.0M
Ebit52.8M1.2M141.8M213.7M205.6M131.4M
Research Development102.1M108.6M121.9M150.9M176.6M140.7M
Ebitda116.0M49.5M190.3M264.5M276.9M194.1M
Cost Of Revenue388.8M312.3M361.2M427.6M474.8M434.4M
Income Before Tax53.3M(1.5M)140.7M211.3M194.8M128.0M
Net Income37.0M18.0M119.4M187.4M152.7M109.8M
Income Tax Expense16.2M(19.6M)21.2M23.9M41.9M44.0M
Minority Interest950K1.1M(148K)(137K)(191K)(181.5K)

Allegro Microsystems Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory346K7.6M(4.5M)(75.2M)(15.8M)(16.6M)
Investments(41.7M)(68.2M)(66.3M)(99.7M)(516.7M)(490.9M)
Change In Cash116.6M(16.0M)85.9M68.9M(136.5M)(129.7M)
Net Borrowings43M(17.3M)(7.5M)2.8M2.5M1.8M
Free Cash Flow35.8M79.9M86.2M113.4M56.9M72.4M
Depreciation64.0M48.3M48.5M50.8M71.4M62.9M
Other Non Cash Items4.6M19.2M327K(11.3M)27.9M29.3M
Capital Expenditures45.6M40.7M69.9M79.8M124.8M84.2M
Net Income37.1M18.1M119.6M187.5M152.7M110.0M
End Period Cash Flow219.9M203.9M289.8M358.7M222.2M256.2M
Change To Netincome1.2M50.0M41.4M11.7M13.5M24.9M

Allegro Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Allegro Microsystems's current stock value. Our valuation model uses many indicators to compare Allegro Microsystems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allegro Microsystems competition to find correlations between indicators driving Allegro Microsystems's intrinsic value. More Info.
Allegro Microsystems is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Allegro Microsystems' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Allegro Microsystems by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Allegro Microsystems Systematic Risk

Allegro Microsystems' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Allegro Microsystems volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Allegro Microsystems correlated with the market. If Beta is less than 0 Allegro Microsystems generally moves in the opposite direction as compared to the market. If Allegro Microsystems Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Allegro Microsystems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Allegro Microsystems is generally in the same direction as the market. If Beta > 1 Allegro Microsystems moves generally in the same direction as, but more than the movement of the benchmark.

Allegro Microsystems November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Allegro Microsystems help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Allegro Microsystems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Allegro Microsystems based on widely used predictive technical indicators. In general, we focus on analyzing Allegro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Allegro Microsystems's daily price indicators and compare them against related drivers.
When determining whether Allegro Microsystems is a strong investment it is important to analyze Allegro Microsystems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allegro Microsystems' future performance. For an informed investment choice regarding Allegro Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegro Microsystems. If investors know Allegro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegro Microsystems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(0.14)
Revenue Per Share
4.423
Quarterly Revenue Growth
(0.32)
Return On Assets
0.0304
The market value of Allegro Microsystems is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro Microsystems' value that differs from its market value or its book value, called intrinsic value, which is Allegro Microsystems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegro Microsystems' market value can be influenced by many factors that don't directly affect Allegro Microsystems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegro Microsystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro Microsystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro Microsystems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.