Business Summary
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures analog intensive mixed-signal semiconductor devices in the United States, Asia, and Europe. It produces integrated circuits (ICs) primarily based on third party designs, as well as provides design support and related technical services. The company also offers various customizable process technologies, including silicon- germanium bipolar complementary metal oxide semiconductor (CMOS), mixed-signal/CMOS, radio frequency CMOS, CMOS image sensor, integrated power management, and micro-electro-mechanical systems. Its ICs are used in various products in various markets, such as consumer electronics, personal computers, communications, automotive, industrial, and medical device products. The company offers its foundry services to fabless semiconductor companies and independent device manufacturers. Tower Semiconductor Ltd. was founded in 1993 and is headquartered in Migdal Haemek, Israel.
Valuation Measures
|
Market Cap |
1.02B |
|
Enterprise Value |
993.22M |
|
Trailing P/E |
N/A |
|
Price/Sales (ttm) |
0.90 |
|
Price/Book (mrq) |
2.84 |
|
Enterprise Value/Revenue (ttm) |
1.08 |
|
Enterprise Value/EBITDA (ttm) |
4.28 |
Share Statistics
|
Avg Vol (3 month) |
819,098 |
|
Avg Vol (10 day) |
868,925 |
|
Shares Outstanding |
77.04M |
|
Float |
59.31M |
|
% Held by Insiders1 |
0.08% |
|
% Held by Institutions1 |
15.30% |
|
Shares Short (as of Nov 14, 2014) |
2.74M |
|
Return on Assets (ttm) |
-2.14% |
|
Return on Equity (ttm) |
-46.30% |
|
Fiscal Year Ends |
Dec-15 |
|
Most Recent Quarter (mrq) |
Mar-15 |
Estimates
|
Estimates |
Current Year |
Next Year |
|
Dec-15 |
Dec-15 |
| Earnings Est |
2.32 |
2.68 |
| Revenue Est |
964.30M |
1.10B |
Key Executives
|
0 |
0 |
|
1 |
0 |
|
2 |
0 |
|
3 |
0 |
|
4 |
0 |
|
5 |
0 |
|
6 |
0 |
|
7 |
0 |
|
8 |
0 |
|
9 |
0 |
Income statement (Annual)
|
Period Ending |
29.09.2012 |
28.09.2013 |
27.09.2014 |
| Total Revenue |
638,831 |
505,009 |
828,008 |
| Cost of Revenue |
560,046 |
476,900 |
764,220 |
| Gross Profit |
78,785 |
28,109 |
63,788 |
| Operating Expenses |
31,093 |
33,064 |
51,841 |
| Research Development |
44,413 |
42,916 |
58,783 |
| Selling General and Administrative |
5,789 |
- |
56,729 |
| Non Recurring |
- |
7,464 |
- |
| Others |
0 |
0 |
0 |
| Total Operating Expenses |
- |
- |
- |
| Operating Income or Loss |
-2,510 |
-55,335 |
-103,565 |
| Income from Continuing Operations |
|
|
|
| Total Other Income/Expenses Net |
-28,625 |
-28,742 |
110,860 |
| Earnings Before Interest And Taxes |
-31,135 |
-84,077 |
7,295 |
| Interest Expense |
31,808 |
32,971 |
33,409 |
| Income Before Tax |
-62,943 |
-117,048 |
-26,114 |
| Income Tax Expense |
7,326 |
-9,388 |
-24,742 |
| Minority Interest |
- |
- |
5,635 |
| Net Income From Continuing Ops |
-70,269 |
-107,660 |
4,263 |
| Non-recurring Events |
|
|
|
| Discontinued Operations |
- |
- |
- |
| Extraordinary Items |
- |
- |
- |
| Effect Of Accounting Changes |
- |
- |
- |
| Other Items |
- |
- |
- |
| Net Income |
-70,269 |
-107,660 |
4,263 |
| Preferred Stock And Other Adjustments |
- |
- |
- |
| Net Income Applicable To Common Shares |
-70,269 |
-107,660 |
4,263 |
Income statement (Quarterly)
|
Period Ending |
27.09.2014 |
27.12.2014 |
28.03.2015 |
27.06.2015 |
| Total Revenue |
0 |
0 |
0 |
0 |
| Cost of Revenue |
0 |
0 |
0 |
0 |
| Gross Profit |
0 |
0 |
0 |
0 |
| Operating Expenses |
|
|
|
|
| Research Development |
0 |
0 |
0 |
0 |
| Selling General and Administrative |
0 |
0 |
0 |
0 |
| Non Recurring |
0 |
0 |
0 |
0 |
| Others |
0 |
0 |
0 |
0 |
| Total Operating Expenses |
0 |
0 |
0 |
0 |
| Operating Income or Loss |
0 |
0 |
0 |
0 |
| Income from Continuing Operations |
|
|
|
|
| Total Other Income/Expenses Net |
0 |
0 |
0 |
0 |
| Earnings Before Interest And Taxes |
0 |
0 |
0 |
0 |
| Interest Expense |
0 |
0 |
0 |
0 |
| Income Before Tax |
0 |
0 |
0 |
0 |
| Income Tax Expense |
0 |
0 |
0 |
0 |
| Minority Interest |
0 |
0 |
0 |
0 |
| Net Income From Continuing Ops |
0 |
0 |
0 |
0 |
| Non-recurring Events |
|
|
|
|
| Discontinued Operations |
0 |
0 |
0 |
0 |
| Extraordinary Items |
0 |
0 |
0 |
0 |
| Effect Of Accounting Changes |
0 |
0 |
0 |
0 |
| Other Items |
0 |
0 |
0 |
0 |
| Net Income |
0 |
0 |
0 |
0 |
| Preferred Stock And Other Adjustments |
0 |
0 |
0 |
0 |
| Net Income Applicable To Common Shares |
0 |
0 |
0 |
0 |
Peer Comparison
|
|
AAPL |
BBRY |
GOOG |
HPQ |
Industry |
| Market Cap |
1.02B |
N/A |
114.66B |
4.51B |
450.20M |
| Employees |
N/A |
N/A |
N/A |
N/A |
769 |
| Qtrly Rev Growth (yoy) |
71.0% |
N/A |
12.0% |
19.0% |
12.0% |
| Revenue (ttm) |
921.57M |
N/A |
27.31B |
4.64B |
136.01M |
| Gross Margin (ttm) |
10.0% |
N/A |
50.0% |
24.0% |
44.0% |
| EBITDA (ttm) |
232.16M |
N/A |
17.78B |
1.76B |
1.69M |
| Operating Margin (ttm) |
-3.0% |
N/A |
39.0% |
10.0% |
4.0% |
| Net Income (ttm) |
-107.62M |
N/A |
9.70B |
474.99M |
N/A |
| EPS (ttm) |
-1.93 |
N/A |
1.87 |
0.19 |
0.22 |
| P/E (ttm) |
N/A |
N/A |
11.82 |
9.47 |
23.27 |
| PEG (5 yr expected) |
0.37 |
N/A |
0.83 |
0.45 |
0.79 |
| P/S (ttm) |
0.90 |
N/A |
4.31 |
0.98 |
2.01 |
Upcoming Events
|
Date |
Event |
| Fundamental company data provided by Capital IQ. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. US Financials data provided by Edgar Online and all other Financials provided by Capital IQ. International historical chart data, daily updates, fundAnalyst estimates data provided by Thomson Financial Network. All data povided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. |
0 |
Recent Events
|
Date |
Event |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
| 5/8/2024 |
0 |
Major Direct Holders
|
Major Direct Holders |
Shares |
Reported |
| 0 |
0 |
May-24 |
| 0 |
0 |
May-24 |
| 0 |
0 |
May-24 |
| 0 |
0 |
May-24 |
| 0 |
0 |
May-24 |
Top Institutional Holders
|
Top Institutional Holders |
Shares |
% Out |
Value* |
Reported |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
| 0 |
0 |
0 |
0 |
May-24 |
Balance sheet (Annual)
|
Period Ending |
29.09.2012 |
28.09.2013 |
27.09.2014 |
| Cash And Cash Equivalents |
123,398 |
112,871 |
187,167 |
| Short Term Investments |
- |
- |
- |
| Net Receivables |
84,733 |
91,259 |
104,925 |
| Inventory |
65,570 |
64,804 |
87,873 |
| Other Current Assets |
24,405 |
21,480 |
14,119 |
| Total Current Assets |
298,106 |
290,414 |
394,084 |
| Long Term Investments |
12,963 |
14,494 |
11,896 |
| Property Plant and Equipment |
434,468 |
350,039 |
419,111 |
| Goodwill |
7,000 |
7,000 |
7,000 |
| Intangible Assets |
47,936 |
32,393 |
42,037 |
| Accumulated Amortization |
- |
- |
- |
| Other Assets |
13,768 |
11,547 |
10,018 |
| Deferred Long Term Asset Charges |
- |
- |
- |
|
|
|
|
| Total Assets |
814,241 |
705,887 |
884,146 |
|
|
|
|
| Liabilities |
|
|
|
| Current Liabilities |
|
|
|
| Accounts Payable |
81,372 |
92,315 |
158,229 |
| Short/Current Long Term Debt |
49,923 |
36,441 |
119,999 |
| Other Current Liabilities |
38,024 |
11,160 |
22,097 |
| Total Current Liabilities |
169,319 |
139,916 |
300,325 |
| Long Term Debt |
288,954 |
316,885 |
267,087 |
| Other Liabilities |
109,538 |
94,227 |
45,895 |
| Deferred Long Term Liability Charges |
26,405 |
13,611 |
75,278 |
| Minority Interest |
- |
- |
-9,418 |
| Negative Goodwill |
- |
- |
- |
|
|
|
|
| Total Liabilities |
594,216 |
564,639 |
679,167 |
|
|
|
|
| Stockholders' Equity |
|
|
|
| Misc Stocks Options Warrants |
- |
- |
- |
| Redeemable Preferred Stock |
- |
- |
- |
| Preferred Stock |
- |
- |
- |
| Common Stock |
87,280 |
192,776 |
235,117 |
| Retained Earnings |
-1,140,610 |
-1,248,270 |
-1,244,007 |
| Treasury Stock |
-9,072 |
-9,072 |
-9,072 |
| Capital Surplus |
937,814 |
1,084,011 |
1,137,946 |
| Other Stockholder Equity |
344,613 |
121,803 |
84,995 |
| Total Stockholder Equity |
220,025 |
141,248 |
204,979 |
|
|
|
|
| Net Tangible Assets |
165,089 |
101,855 |
155,942 |
Balance sheet (Quarterly)
|
Period Ending |
27.09.2014 |
27.12.2014 |
28.03.2015 |
27.06.2015 |
| Cash And Cash Equivalents |
0 |
0 |
0 |
0 |
| Short Term Investments |
0 |
0 |
0 |
0 |
| Net Receivables |
0 |
0 |
0 |
0 |
| Inventory |
0 |
0 |
0 |
0 |
| Other Current Assets |
0 |
0 |
0 |
0 |
| Total Current Assets |
0 |
0 |
0 |
0 |
| Long Term Investments |
0 |
0 |
0 |
0 |
| Property Plant and Equipment |
0 |
0 |
0 |
0 |
| Goodwill |
0 |
0 |
0 |
0 |
| Intangible Assets |
0 |
0 |
0 |
0 |
| Accumulated Amortization |
0 |
0 |
0 |
0 |
| Other Assets |
0 |
0 |
0 |
0 |
| Deferred Long Term Asset Charges |
0 |
0 |
0 |
0 |
|
|
|
|
|
| Total Assets |
0 |
0 |
0 |
0 |
|
|
|
|
|
| Liabilities |
|
|
|
|
| Current Liabilities |
|
|
|
|
| Accounts Payable |
0 |
0 |
0 |
0 |
| Short/Current Long Term Debt |
0 |
0 |
0 |
0 |
| Other Current Liabilities |
0 |
0 |
0 |
0 |
| Total Current Liabilities |
0 |
0 |
0 |
0 |
| Long Term Debt |
0 |
0 |
0 |
0 |
| Other Liabilities |
0 |
0 |
0 |
0 |
| Deferred Long Term Liability Charges |
0 |
0 |
0 |
0 |
| Minority Interest |
0 |
0 |
0 |
0 |
| Negative Goodwill |
0 |
0 |
0 |
0 |
|
|
|
|
|
| Total Liabilities |
0 |
0 |
0 |
0 |
|
|
|
|
|
| Stockholders' Equity |
|
|
|
|
| Misc Stocks Options Warrants |
0 |
0 |
0 |
0 |
| Redeemable Preferred Stock |
0 |
0 |
0 |
0 |
| Preferred Stock |
0 |
0 |
0 |
0 |
| Common Stock |
0 |
0 |
0 |
0 |
| Retained Earnings |
0 |
0 |
0 |
0 |
| Treasury Stock |
0 |
0 |
0 |
0 |
| Capital Surplus |
0 |
0 |
0 |
0 |
| Other Stockholder Equity |
0 |
0 |
0 |
0 |
| Total Stockholder Equity |
0 |
0 |
0 |
0 |
|
|
|
|
|
| Net Tangible Assets |
0 |
0 |
0 |
0 |
Address
|
company |
20 Shaul Amor Avenue |
|
address |
Migdal Haemek, 23105 |
|
city_state_zip |
Israel - Map |
|
phone |
Fax: 972 4 654 7788 |
Business Summary
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures analog intensive mixed-signal semiconductor devices in the United States, Asia, and Europe. It produces integrated circuits (ICs) primarily based on third party designs, as well as provides design support and related technical services. The company also offers various customizable process technologies, including silicon- germanium bipolar complementary metal oxide semiconductor (CMOS), mixed-signal/CMOS, radio frequency CMOS, CMOS image sensor, integrated power management, and micro-electro-mechanical systems. Its ICs are used in various products in various markets, such as consumer electronics, personal computers, communications, automotive, industrial, and medical device products. The company offers its foundry services to fabless semiconductor companies and independent device manufacturers. Tower Semiconductor Ltd. was founded in 1993 and is headquartered in Migdal Haemek, Israel.
