Magnachip Semiconductor Corporation

Magnachip Semiconductor Corporation

MXยทNYSE

$8.93

+7.1%
TechnologySemiconductors

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2004 and is based in Luxembourg, Luxembourg.

At a Glance

Live Snapshot
Market Cap$325.42M
EPS-0.8200
P/E Ratio-10.89
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -10.9).

Valuation inputs: P/E -10.9, earnings yield N/A, momentum +7.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -12.0%, ROIC -4.3%).

Profitability stack: net margin -16.5%, ROE -12.0%, ROIC -4.3%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +29.4%, momentum +7.1%, net margin -16.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Magnachip Semiconductor Corporation Market vs Earnings Trajectory

MX ยท NYSE

Loading price and EPS data...

Magnachip Semiconductor Corporation

Magnachip Semiconductor Corporation Fair Value Envelope

MX ยท NYSE

Our analysis suggests that MX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.93, this represents a potential HIDDEN relative to our calculated worth for Magnachip Semiconductor Corporation.

Intrinsic Value
Current Price: $8.93
3Y+356.0%
5Y-108.0%
10Y-4.0%
3Y-47.0%
5Y-65.0%
10Y-74.0%
3Y+270.0%
5Y-109.0%
10Y-
3Y-569.0%
5Y-424.0%
10Y-417.0%
3Y+191.0%
5Y+85.0%
10Y+346.0%
3Y-32.0%
5Y-39.0%
10Y-20.0%
Magnachip Semiconductor Corporation

Magnachip Semiconductor Corporation Profit Bridge

MX ยท NYSE
Revenue179.90M
Cost of Goods Sold (147.47M)
Gross Profit32.44M
Operating Expenses (62.41M)
Operating Income-29.98M
Interest Expense (1.66M)
Other Income/Expense-2.16M
Pretax Income-32.14M
Income Tax (-17.89M)
Net Income-29.72M
Net Income
-29.72M

Profitability Analysis

Gross Margin

18.0%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-16.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-16.5%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

18.03%
Gross Profit Margin
-20%
3Y-40.0%
5Y-29.0%
10Y-21.0%
-16.66%
Operating Profit Margin
-27%
3Y+973.0%
5Y-413.0%
10Y-4289.0%
-16.52%
Net Profit Margin
-29%
3Y+594.0%
5Y-124.0%
10Y+284.0%
-11.97%
Return on Equity
-39%
3Y+538.0%
5Y-112.0%
10Y-129.0%
-8.46%
Return on Assets
-41%
3Y+444.0%
5Y-114.0%
10Y+26.0%
-4.29%
Return on Invested Capital
-69%
3Y+285.0%
5Y-177.0%
10Y-553.0%
MX

Magnachip Semiconductor Corporation Cash Conversion Engine

MX ยท NYSE
Net Income-29.72M
Depreciation & Amortization12.96M
Stock-Based Compensation2.18M
Change in Working Capital-17.92M
Others18.41M
Capital Expenditures-29.99M
Free Cash Flow-54.20M

Cash Flow Quality Analysis

FCF Conversion Rate

182.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-123.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-205.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$17.92M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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Magnachip Semiconductor Corporation Funding & Solvency Profile

MX ยท NYSE
Cash & Cash Equivalents94.55M
Net Receivables28.38M
Inventory32.85M
Other Current Assets14.24M
Total Current Assets170 M
Property, Plant & Equipment96.87M
Goodwill & Intangible Assets404.00K
Long-Term Investments0.00
Other Non-Current Assets6.95M
Total Non-Current Assets104 M
Total Assets
335.46M

Financial Health Analysis

Current Ratio

2.37x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.44x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

98 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

51% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Magnachip Semiconductor Corporation Street Expectations Map

MX ยท NYSE

Wall Street analysts project that MX stock may decline over the coming 12 months. The consensus 1-year price target stands at 8.00, with estimates ranging from a low of 8.00 to a high of 8.00.

Lowest Target
8.00
-10.41%
Consensus Target
8.00
-10.41%
Highest Target
8.00
-10.41%

The consensus 1-year price target stands at 8.00, with estimates ranging from a low of 8.00 to a high of 8.00.

Analyst Consensus Analysis

Upside Potential

-10.4%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

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Magnachip Semiconductor Corporation Insider Positioning

MX ยท NYSE

During the last 12 months, insiders have purchased $282K worth of MX shares, with no selling activity reported.

3 Months

Bought

60.0K

167.97K

Sold

0

0.00

Net Activity

+168K

+$168K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

40.0K

113.97K

Sold

0

0.00

Net Activity

+114K

+$114K

Top Buyers

1
NGE

Nathan Gilbert E

Director

60.0K sharesโ€ข3 transactions

$168K

2
MC

Martino Camillo

Director, Officer: See Remarks

30.0K sharesโ€ข1 transactions

$85K

3
PSY

Park Shin Young

Officer: See Remarks

10.0K sharesโ€ข1 transactions

$29K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $282K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Recent Trend (3 Months)

$168K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

3 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.

No Dividend Yield Data

MX has not reported any dividend yield values in the available annual periods.

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mx Dividend History

MX
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%