0R15 9080.0 -2.7837% 0R1E 9565.0 5.7373% 0M69 None None% 0R2V 233.75 12.1103% 0QYR 1560.0 -0.7634% 0QYP 409.5 0.0% 0RUK None None% 0RYA 1576.0 1.2203% 0RIH 190.65 0.0% 0RIH 190.65 0.0% 0R1O 218.37 9940.0% 0R1O None None% 0QFP 10717.21 112.6431% 0M2Z 295.8502 1.1713% 0VSO 32.02 -10.0688% 0R1I None None% 0QZI 595.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 226.55 0.1373%

Tower Semiconductor Ltd

Technology US TSEM

51.145USD
0.59(1.18%)

Last update at 2025-01-14T18:50:00Z

Day Range

50.6151.64
LowHigh

52 Week Range

21.4341.35
LowHigh

Fundamentals

  • Previous Close 50.55
  • Market Cap4224.63M
  • Volume134837
  • P/E Ratio8.52
  • Dividend Yield-%
  • EBITDA432.66M
  • Revenue TTM1394.31M
  • Revenue Per Share TTM12.62
  • Gross Profit TTM 466.31M
  • Diluted EPS TTM4.44

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 291.97M 155.10M 88.69M 91.02M 139.32M
Minority interest -1.90200M -4.06300M -2.91000M -7.82400M -6.76100M
Net income 264.57M 150.01M 82.30M 90.05M 135.58M
Selling general administrative 80.28M 77.22M 63.97M 67.38M 64.95M
Selling and marketing expenses - - - - -
Gross profit 466.31M 329.12M 233.32M 229.67M 292.95M
Reconciled depreciation 292.64M 270.71M 240.53M 214.47M 214.39M
Ebit 311.67M 166.51M 91.03M 86.72M 154.94M
Ebitda 585.19M 441.99M 333.83M 301.19M 365.38M
Depreciation and amortization 273.52M 275.48M 242.80M 214.47M 210.44M
Non operating income net other - - - - -
Operating income 311.67M 166.51M 91.03M 86.72M 154.94M
Other operating expenses 1375.50M 1341.65M 1174.65M 1147.29M 1149.09M
Interest expense -19.70100M 9.09M 9.80M 6.82M 10.61M
Tax provision 25.50M 1.02M 5.40M 2.95M 5.94M
Interest income 13.60M 5.37M 8.48M 12.95M 10.76M
Net interest income -19.70100M -11.41200M -2.34500M 4.28M -3.52100M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 25.50M 1.02M 5.40M 2.95M 5.94M
Total revenue 1677.61M 1508.17M 1265.68M 1234.00M 1304.03M
Total operating expenses 164.19M 162.61M 142.28M 142.96M 138.00M
Cost of revenue 1211.31M 1179.05M 1032.37M 1004.33M 1011.09M
Total other income expense net -19.70100M -11.41200M -2.34500M 4.30M -15.62600M
Discontinued operations - - - - -
Net income from continuing ops 266.47M 154.07M 83.29M 88.07M 133.38M
Net income applicable to common shares 264.57M 150.01M 82.30M 90.05M 135.58M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2918.52M 2547.61M 2231.24M 2094.15M 1932.83M
Intangible assets 7.81M 9.84M 14.75M 14.02M 13.46M
Earning assets - - - - -
Other current assets 11.10M 34.32M 54.82M 30.81M 22.02M
Total liab 491.48M 659.07M 615.85M 639.25M 586.11M
Total stockholder equity 2432.50M 1895.16M 1622.01M 1457.81M 1354.55M
Deferred long term liab - - - - -
Other current liab 60.34M 135.27M 73.76M 59.43M 57.60M
Common stock 443.63M 440.15M 435.45M 431.00M 426.11M
Capital stock 443.63M 440.15M 435.45M 431.00M 426.11M
Retained earnings 467.62M -50.87900M -315.44800M -465.46000M -547.39800M
Other liab - 61.61M 108.55M 82.57M 87.23M
Good will 7.00M 7.00M 7.00M 7.00M 7.00M
Other assets - 76.14M 93.39M 74.22M 86.45M
Cash 260.66M 340.76M 210.93M 211.68M 355.56M
Cash and equivalents - - - - -
Total current liabilities 276.84M 387.39M 276.33M 272.91M 253.06M
Current deferred revenue 18.42M 38.91M 39.99M 10.03M 10.32M
Net debt -29.10100M -68.41500M 103.91M 178.59M -43.80800M
Short term debt 58.95M 62.27M 83.87M 106.51M 65.93M
Short long term debt 58.95M 62.27M 83.87M 106.51M 65.93M
Short long term debt total 231.56M 272.34M 314.84M 390.28M 311.75M
Other stockholder equity 1371.85M 1553.42M 1529.88M 1508.79M 1494.08M
Property plant equipment - 962.26M 890.80M 858.16M 699.77M
Total current assets 1709.16M 1495.17M 1196.20M 1102.92M 1088.48M
Long term investments 6.78M 6.72M 39.60M 40.70M 28.23M
Net tangible assets - 1877.15M 1603.19M 1439.85M 1337.27M
Short term investments 974.53M 665.05M 553.72M 499.20M 391.68M
Net receivables 180.18M 152.94M 160.26M 185.92M 140.72M
Long term debt 172.61M 210.07M 230.97M 283.76M 245.82M
Inventory 282.69M 302.11M 234.51M 199.13M 192.26M
Accounts payable 139.13M 150.93M 78.71M 96.94M 119.20M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 149.41M -47.53700M -27.88300M -16.50900M -18.24400M
Additional paid in capital - - - - -
Common stock total equity - - - 1454.90M 426.11M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -9.07200M
Accumulated amortization - - - - -
Non currrent assets other 20.27M -6.72100M 41.31M 13.55M 17.68M
Deferred long term asset charges - - - - -
Non current assets total 1209.36M 1052.43M 1035.04M 991.23M 844.35M
Capital lease obligations - - - - -
Long term debt total - - - - 235.12M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -329.44800M -57.89200M -363.60900M -305.09400M -328.21700M
Change to liabilities -37.87800M 39.25M -19.42500M -9.17900M -7.68200M
Total cashflows from investing activities -329.44800M -338.94400M -363.60900M -305.09400M -328.21700M
Net borrowings -78.37900M -77.31500M -63.69900M -19.40200M -48.84900M
Total cash from financing activities -66.65000M -76.85700M -61.18700M -17.56000M -48.13500M
Change to operating activities 84.42M -12.56200M -3.71600M -14.34500M 9.60M
Net income 266.47M 154.07M 83.29M 88.07M 133.38M
Change in cash 129.83M -0.75300M -143.87800M -29.53000M -60.87000M
Begin period cash flow 210.93M 211.68M 355.56M 385.09M 445.96M
End period cash flow 340.76M 210.93M 211.68M 355.56M 385.09M
Total cash from operating activities 529.82M 421.29M 276.56M 291.32M 312.90M
Issuance of capital stock - - - - -
Depreciation 292.64M 270.71M 240.53M 214.47M 214.39M
Other cashflows from investing activities - -1.79200M -1.45000M -0.41300M -14.53600M
Dividends paid - - - 0.00000M -
Change to inventory -77.89100M -44.19200M -2.89100M -21.02100M -26.34400M
Change to account receivables -15.23200M 14.34M -33.08700M 27.32M -3.09600M
Sale purchase of stock - - - 1.84M 0.71M
Other cashflows from financing activities 11.73M 96.60M 2.51M 1.84M 99.70M
Change to netincome 19.20M 3.74M 12.85M 4.03M -9.54900M
Capital expenditures 213.54M 313.81M 313.66M 191.40M 210.19M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -46.58500M -3.16900M -59.11900M -17.22800M -27.52400M
Stock based compensation - - - - -4.43700M
Other non cash items 17.30M -0.32300M 11.86M 6.00M 2.44M
Free cash flow 316.28M 107.48M -37.09500M 99.92M 102.70M

Peer Comparison

Sector: Technology Industry: Semiconductors

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
TSEM
Tower Semiconductor Ltd
0.59 1.18% 51.15 8.52 18.52 2.58 1.44 2.42 7.49
NVDA
NVIDIA Corporation
-1.028 0.77% 132.20 62.11 36.76 36.43 51.65 36.19 61.96
AVGO
Broadcom Inc
0.86 0.38% 226.15 139.68 28.99 17.14 12.73 19.13 40.92
TSM
Taiwan Semiconductor Manufacturing
-0.63 0.31% 200.73 19.45 15.92 0.24 4.85 0.22 0.30
AMD
Advanced Micro Devices Inc
-1.205 1.03% 116.11 244.65 48.78 11.64 4.72 11.51 62.93

Reports Covered

Stock Research & News

Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.

Tower Semiconductor Ltd

Ramat Gavriel Industrial Park, Migdal Haemek, Israel, 2310502

Key Executives

Name Title Year Born
Mr. Russell C. Ellwanger CEO & Director 1955
Mr. Oren Shirazi CFO & Sr. VP of Fin. 1970
Mr. Rafi Mor Chief Operating Officer 1964
Ms. Noit Levy-Karoubi Sr. VP of Investor Relations & Corp. Communications 1985
Ms. Nati Somekh Sr. VP, Chief Legal Officer & Corp. Sec. 1975
Ms. Dalit Dahan Sr. VP of HR & Information Technology 1968
Mr. Yossi Netzer Sr. VP of Corp. Planning 1964
Dr. Marco Racanelli SVP & GM of Analog Bus. Unit and Newport Beach Site Mang. 1967
Dr. Avi Strum Sr. VP and GM of Sensors & Displays Bus. Unit 1962
Mr. Dani Ashkenazi Sr. VP of Excellence & Quality 1963

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