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Magnachip Semiconductor CorporationNYSE:MX Stock Report

Market Cap US$215.7m
Share Price
US$5.76
US$5.5
4.7% overvalued intrinsic discount
1Y55.8%
7D-0.2%
1D
Portfolio Value
View

Magnachip Semiconductor Corporation

NYSE:MX Stock Report

Market Cap: US$215.7m

Magnachip Semiconductor (MX) Stock Overview

Designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. More details

MX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MX Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

Magnachip Semiconductor Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Magnachip Semiconductor
Historical stock prices
Current Share PriceUS$5.92
52 Week HighUS$9.86
52 Week LowUS$2.18
Beta1.52
1 Month Change7.25%
3 Month Change107.72%
1 Year Change55.79%
3 Year Change-46.03%
5 Year Change-75.17%
Change since IPO-57.74%

Recent News & Updates

Seeking Alpha Jun 01

Magnachip Semiconductor: A Coiled Spring Play In The AI Era

Summary Magnachip Semiconductor is pivoting to high-margin power electronics, exiting its loss-making OLED driver business and launching next-gen transistors for AI infrastructure. Magnachip’s restructuring, including a one-third workforce reduction, lowers its break-even point and positions the company for improved margins and operational efficiency. Despite recent share price gains, MX trades at a significant EV/Sales discount to both direct peers and global leaders, with further upside if commercialization targets are met. Risks remain from Chinese price competition and short-term margin volatility, but MX’s strong balance sheet and product pipeline support a bullish medium-term outlook. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Jun 01

Magnachip Semiconductor: A Coiled Spring Play In The AI Era

Summary Magnachip Semiconductor is pivoting to high-margin power electronics, exiting its loss-making OLED driver business and launching next-gen transistors for AI infrastructure. Magnachip’s restructuring, including a one-third workforce reduction, lowers its break-even point and positions the company for improved margins and operational efficiency. Despite recent share price gains, MX trades at a significant EV/Sales discount to both direct peers and global leaders, with further upside if commercialization targets are met. Risks remain from Chinese price competition and short-term margin volatility, but MX’s strong balance sheet and product pipeline support a bullish medium-term outlook. Read the full article on Seeking Alpha
Analysis Article Jan 07

Is Magnachip Semiconductor (NYSE:MX) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 08

Benign Growth For Magnachip Semiconductor Corporation (NYSE:MX) Underpins Stock's 28% Plummet

Magnachip Semiconductor Corporation ( NYSE:MX ) shareholders won't be pleased to see that the share price has had a...
Analysis Article Aug 12

Why Investors Shouldn't Be Surprised By Magnachip Semiconductor Corporation's (NYSE:MX) 33% Share Price Plunge

Magnachip Semiconductor Corporation ( NYSE:MX ) shares have had a horrible month, losing 33% after a relatively good...
Analysis Article Jun 16

Shareholders May Be Wary Of Increasing Magnachip Semiconductor Corporation's (NYSE:MX) CEO Compensation Package

Key Insights Magnachip Semiconductor's Annual General Meeting to take place on 23rd of June Salary of US$561.7k is part...
User avatar
New Narrative Apr 04

Next-generation Power Products Will Unlock Automotive And AI Markets

The strategic shift to focus on power businesses and expand into automotive, industrial, and AI markets is aimed at enhancing profitability and net margins.
Analysis Article Mar 29

Why Investors Shouldn't Be Surprised By Magnachip Semiconductor Corporation's (NYSE:MX) 25% Share Price Plunge

Magnachip Semiconductor Corporation ( NYSE:MX ) shares have had a horrible month, losing 25% after a relatively good...
Seeking Alpha Feb 11

Magnachip: Potential Sale Is The Only Way Out

Summary Magnachip is up for sale at up to $274 million, serving as a potential catalyst, but its negative profitability makes it a hold for now. The company has a strong balance sheet but is facing declining sales and profitability, making a sale to a larger player the best path forward. Magnachip remains an innovator with valuable assets and technological talent, increasing its attractiveness for a potential buyout. Investors should hold and monitor for buyout news, with a potential buy recommendation if the stock drops below $3 or more evidence of a sale emerges. Read the full article on Seeking Alpha
Analysis Article Dec 27

Health Check: How Prudently Does Magnachip Semiconductor (NYSE:MX) Use Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 27

Magnachip Semiconductor Corporation's (NYSE:MX) Prospects Need A Boost To Lift Shares

You may think that with a price-to-sales (or "P/S") ratio of 0.7x Magnachip Semiconductor Corporation ( NYSE:MX ) is...
Seeking Alpha Jul 24

Magnachip Semiconductor: Rolling The Dice On A Speculative Turnaround

Summary The charts have leaned bearish for a long time for MX, but the last few months have been more neutral and some would even say bullish. The headline numbers have been getting worse in recent years, but growth has returned under the hood, and they are expected to get better. A low valuation for MX is arguably justified if MX keeps contracting, but not if MX returns to growing the top line and the bottom line thereafter. Long MX is a bet with risks attached, and it may not necessarily pay off, but there is enough to think it will in due time. Read the full article on Seeking Alpha
Seeking Alpha May 14

Magnachip: Buy The Stock For Cash On The Balance Sheet, Get The Chip Business For $1 Per Share

Summary Magnachip Semiconductor's stock has dropped to just under $5 per share, making it incredibly undervalued. Insiders, including the CEO, have been accumulating shares, indicating confidence in the stock's undervaluation. The company reported better than expected Q1 2024 earnings and has secured new design wins, suggesting future growth potential. Read the full article on Seeking Alpha
Seeking Alpha Mar 18

Magnachip Semiconductor: An Intriguing Stock On A Bad Streak

Summary The stock hit a new multi-year low after a Q4 report that might have been the worst ever, but MX has been on the move lately. MX is on an awful streak with the stock losing ground for almost three years, which might nonetheless be an opportunity for some. MX is calling for a return to growth in 2024 after many years, but how sustainable it is is up for discussion for several reasons. Long MX will find its supporters, and not without reason, but there will also be those who are not yet convinced now is the time. Read the full article on Seeking Alpha
Analysis Article Mar 01

Revenues Working Against Magnachip Semiconductor Corporation's (NYSE:MX) Share Price

Magnachip Semiconductor Corporation's ( NYSE:MX ) price-to-sales (or "P/S") ratio of 0.9x might make it look like a...
Seeking Alpha Jan 01

Magnachip: This $7 Stock Could Be The Biggest Bargain In The Chip Sector

Summary Buying undervalued stocks during tax-loss season can lead to big gains into the New Year. Buying tech/chip stocks at or near cyclical lows can also generate big profits. Magnachip Semiconductor appears to have hit rock-bottom levels and could rebound significantly in the coming upcycle. This company has a cash-rich balance sheet and a significant share buyback plan, plus insiders have recently bought shares. I am Hawkinvest. For many years I have been researching and writing about contrarian buying opportunities that can create outsized portfolio gains. Read the full article on Seeking Alpha
Seeking Alpha Dec 04

The Unfulfilled Promise Of Magnachip: Assessing Its Latest Quarter's Performance

Summary Magnachip Semiconductor Corporation is a deeply undervalued semiconductor company with a market cap of $260 million. The company's potential acquisition by a Chinese firm was blocked by CFIUS, causing its share price to decline. Magnachip's revenue is declining, but there is hope for a turnaround in 2024 with a recovery in the power segment. Read the full article on Seeking Alpha
Seeking Alpha Oct 16

Magnachip Semiconductor: Is The Worst Finally Behind Us?

Summary Magnachip Semiconductor Corporation stock has recently suffered a significant decline, but there are reasons to stay invested. Short-term momentum is against investors, but Magnachip Semiconductor is expected to see revenue recovery in 2024 and 2025. The company has a strong cash position and aggressive buyback program, indicating optimism for a turnaround. Read the full article on Seeking Alpha
Seeking Alpha Sep 20

Magnachip Semiconductor: May Be Worth Another Look - With A Major Caveat

Summary The stock price has fallen below book value, which some see as a sign it is time to go long MX, but that alone is not necessarily enough. MX is deep in the red for a host of reasons, some of which are likely temporary in nature, but also some that may not go away easily. A turnaround might be close at hand, assuming MX manages to snag new customers, especially with the introduction of new products for the automotive market. MX has the potential to become a winner where it is at, but it is also risky in the sense that it could lead to a losing bet. Read the full article on Seeking Alpha
Seeking Alpha Jul 06

Magnachip Semiconductor Corporation Stands At A Critical Juncture

Summary Growth and momentum at Magnachip Semiconductor stand at a critical juncture on a natural path to expansion or perhaps stagnation. MX stock is lightly followed and traded. Once bullish the bloom faded and the price withered. Hold or Moderate Buy can be an opportunity for small investors but cautiously. Headwinds and risks outweigh some forecasts for an average target price of $13 to $16 but we are skeptical. Read the full article on Seeking Alpha

Shareholder Returns

MXUS SemiconductorUS Market
7D-0.2%6.1%1.4%
1Y55.8%108.5%25.7%

Return vs Industry: MX underperformed the US Semiconductor industry which returned 108.5% over the past year.

Return vs Market: MX exceeded the US Market which returned 25.7% over the past year.

Price Volatility

Is MX's price volatile compared to industry and market?
MX volatility
MX Average Weekly Movement21.8%
Semiconductor Industry Average Movement12.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: MX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MX's weekly volatility has increased from 13% to 22% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003711Camillo Martinowww.magnachip.com

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, computing, 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, monitors, notebook PCs, tablet PC and TVs, liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. 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, level shifter, and other consumer electronics, as well as for power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products.

Magnachip Semiconductor Corporation Fundamentals Summary

How do Magnachip Semiconductor's earnings and revenue compare to its market cap?
MX fundamental statistics
Market capUS$215.73m
Earnings (TTM)-US$14.89m
Revenue (TTM)US$180.35m
1.2x
P/S Ratio
-14.5x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MX income statement (TTM)
RevenueUS$180.35m
Cost of RevenueUS$151.12m
Gross ProfitUS$29.23m
Other ExpensesUS$44.12m
Earnings-US$14.89m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin16.21%
Net Profit Margin-8.26%
Debt/Equity Ratio18.2%

How did MX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 20:27
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magnachip Semiconductor Corporation is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MuseBarclays
Timothy LukeBarclays
Jaywant SrivatsaChardan Capital Markets, LLC