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1 Comment
Nordic Semiconductor ASA is currently in a long term uptrend where the price is trading 42.9% above its 200 day moving average.
From a valuation standpoint, the stock is 31.4% cheaper than other stocks from the Other sector with a price to sales ratio of 8.7.
Nordic Semiconductor ASA's total revenue rose by 52.9% to $127M since the same quarter in the previous year.
Its net income has increased by 315.4% to $18M since the same quarter in the previous year.
Finally, its free cash flow grew by 2213.2% to $45M since the same quarter in the previous year.
Based on the above factors, Nordic Semiconductor ASA gets an overall score of 5/5.
Sector | Technology |
---|---|
Industry | Semiconductors |
Exchange | F |
CurrencyCode | EUR |
ISIN | NO0003055501 |
Market Cap | 2B |
---|---|
PE Ratio | None |
Target Price | None |
Beta | 1.37 |
Dividend Yield | None |
Nordic Semiconductor ASA, a fabless semiconductor company, engages in wireless communication technology that powers the Internet of Things (IoT) in Europe, the Americas, and Asia. The company offers cellular IoT that comprises NB-IoT and LTE-M; non-terrestrial networks; Wi-Fi solutions; Bluetooth low energy System-on-Chip (SoC); Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; nRF52 and nRF51 wireless SoCs; and range extenders, as well as Bluetooth LE audio, Bluetooth mesh, and Zigbee products. It also provides Matter, a Connected Home over IP solution; Amazon sidewalk; multiprotocol SoCs; Bluetooth wireless technology; security solution; Edge AI; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; and KNX IoT. In addition, the company offers power management integrated circuits (PMIC) comprising nPM1100 PMIC, nPM1300 PMIC, nPM2100, and nPM6001 PMIC; cloud services, such as location, security, and device management services; nRF Cloud solution; and application specific integrated circuits and related consulting services. Its products are used for consumer devices, including audio, asset tracking, education, HID, smart home and remotes, gaming, virtual reality and augmented reality products, and wearables; for industrial automation, such as automotive, beacons, building automation, professional lighting, transportation, retail, and smart agriculture and metering; and healthcare devices that include connected health and sports and fitness. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.
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