Allegro Microsystems, Inc. - Understand $algm stock

$ALGM Market Cap: $3.91 Billion

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Financial Snapshot

Revenue

$849.9M

TTM

Gross Margin

48.55%

TTM

Net Earnings

-$25.12M

TTM

Current Assets

$523.6M

Q3 2024

Current Liabilities

$124.0M

Q3 2024

Current Ratio

422.2%

Q3 2024

Total Assets

$1.492B

Q3 2024

Total Liabilities

$553.4M

Q3 2024

Book Value

$938.7M

Q3 2024

Cash

$188.8M

Q3 2024

P/E

-155.6

Nov 29, 2024 EST

Free Cash Flow

$65.45M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2007	2006	2005	2004
Revenue	$1.049B	$973.7M	$768.7M	$591.2M	$650.1M	$724.3M	$320.7M	$285.1M	$282.4M	$265.4M
YoY Change	7.78%	26.67%	30.02%	-9.06%	-10.25%		12.49%	0.96%	6.41%	9.13%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2007	2006	2005	2004
Revenue	$1.049B	$973.7M	$768.7M	$591.2M	$650.1M	$724.3M	$320.7M	$285.1M	$282.4M	$265.4M
Cost Of Revenue	$474.8M	$427.6M	$361.2M	$312.3M	$388.8M	$404.5M	$207.8M	$194.1M	$190.0M	$176.8M
Gross Profit	$574.5M	$546.1M	$407.5M	$278.9M	$261.3M	$319.8M	$112.9M	$91.00M	$92.30M	$88.60M
Gross Profit Margin	54.75%	56.09%	53.01%	47.18%	40.19%	44.15%	35.2%	31.92%	32.68%	33.38%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2007	2006	2005	2004
Selling, General & Admin	$188.4M	$194.7M	$150.9M	$153.5M	$106.4M	$112.0M	$44.90M	$40.90M	$39.30M	$36.90M
YoY Change	-3.23%	29.01%	-1.65%	44.25%	-5.0%		9.78%	4.07%	6.5%	5.13%
% of Gross Profit	32.8%	35.66%	37.04%	55.03%	40.72%	35.02%	39.77%	44.95%	42.58%	41.65%
Research & Development	$176.6M	$150.9M	$121.9M	$108.6M	$102.1M	$107.6M	$38.90M	$35.50M	$35.20M	$28.90M
YoY Change	17.1%	23.78%	12.17%	6.46%	-5.16%		9.58%	0.85%	21.8%	24.57%
% of Gross Profit	30.74%	27.62%	29.91%	38.96%	39.06%	33.65%	34.46%	39.01%	38.14%	32.62%
Depreciation & Amortization	$71.38M	$50.81M	$48.53M	$48.31M	$64.05M	$59.90M	$20.70M	$18.60M	$17.60M
YoY Change	40.49%	4.7%	0.46%	-24.58%	6.92%		11.29%	5.68%
% of Gross Profit	12.42%	9.3%	11.91%	17.32%	24.51%	18.73%	18.33%	20.44%	19.07%
Operating Expenses	$365.1M	$342.8M	$270.8M	$266.7M	$208.4M	$219.8M	$83.90M	$76.40M	$74.60M	$65.80M
YoY Change	6.5%	26.57%	1.52%	27.97%	-5.16%		9.82%	2.41%	13.37%	13.06%
Operating Profit	$209.5M	$203.3M	$136.7M	$12.16M	$52.83M	$100.0M	$29.00M	$14.60M	$17.70M	$22.80M
YoY Change	3.03%	48.78%	1023.95%	-76.99%	-47.17%		98.63%	-17.51%	-22.37%	79.53%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2007	2006	2005	2004
Interest Expense	-$1.447M	$7.433M	-$1.057M	-$2.603M	-$110.0K	-$2.100M	-$1.900M	-$1.800M	-$2.300M	-$2.800M
YoY Change	-119.47%	-803.22%	-59.39%	2266.36%	-94.76%		5.56%	-21.74%	-17.86%	-15.15%
% of Operating Profit	-0.69%	3.66%	-0.77%	-21.41%	-0.21%	-2.1%	-6.55%	-12.33%	-12.99%	-12.28%
Other Income/Expense, Net	$1.646M	$606.0K	$4.714M	-$475.0K	-$831.0K	$1.600M	$100.0K	$1.200M	$400.0K	$200.0K
YoY Change	171.62%	-87.14%	-1092.42%	-42.84%	-151.94%		-91.67%	200.0%	100.0%	-80.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2007	2006	2005	2004
Pretax Income	$194.8M	$211.3M	$140.7M	-$1.451M	$53.28M	$99.40M	$27.20M	$14.00M	$15.90M	$20.20M
YoY Change	-7.83%	50.16%	-9799.93%	-102.72%	-46.4%		94.29%	-11.95%	-21.29%	94.23%
Income Tax	$41.91M	$23.85M	$21.19M	-$19.55M	$16.17M	$14.60M	$6.100M	$2.400M	$300.0K	$1.800M
% Of Pretax Income	21.51%	11.29%	15.06%		30.36%	14.69%	22.43%	17.14%	1.89%	8.91%
Net Earnings	$152.7M	$187.4M	$119.4M	$17.95M	$36.97M	$84.70M	$21.10M	$11.60M	$15.60M	$18.40M
YoY Change	-18.5%	56.91%	565.11%	-51.44%	-56.35%		81.9%	-25.64%	-15.22%	104.44%
Net Earnings / Revenue	14.55%	19.24%	15.53%	3.04%	5.69%	11.69%	6.58%	4.07%	5.52%	6.93%
Basic Earnings Per Share	$0.79	$0.98	$0.63	$0.22	$3.70
Diluted Earnings Per Share	$0.78	$0.97	$0.62	$0.10	$3.70	$447.2K	$805.3K	$442.7K	$593.2K	$727.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2007	2006
Cash & Short-Term Investments	$212.1M	$351.6M	$282.4M	$197.2M	$214.5M	$99.70M	$13.50M	$3.600M
YoY Change	-39.66%	24.5%	43.19%	-8.06%	115.15%		275.0%
Cash & Equivalents	$212.1M	$351.6M	$282.4M	$197.2M	$214.5M	$99.70M	$13.50M	$3.600M
Short-Term Investments
Other Short-Term Assets	$75.30M	$32.48M	$22.41M	$51.00M	$14.40M	$20.40M	$6.100M	$6.700M
YoY Change	131.88%	44.91%	-56.06%	254.19%	-29.41%		-8.96%
Inventory	$162.3M	$151.3M	$86.16M	$87.50M	$127.2M	$130.9M	$54.40M	$52.70M
Prepaid Expenses
Receivables	$118.7M	$126.7M	$118.9M	$94.85M	$92.10M	$115.9M	$40.10M	$39.40M
Other Receivables	$3.750M	$3.750M	$1.875M	$0.00	$0.00	$0.00	$4.000M	$3.600M
Total Short-Term Assets	$572.2M	$665.8M	$511.7M	$430.6M	$448.2M	$367.0M	$118.1M	$106.2M
YoY Change	-14.06%	30.12%	18.84%	-3.93%	22.13%		11.21%
Property, Plant & Equipment	$321.2M	$280.0M	$226.1M	$192.4M	$332.3M	$347.4M	$90.40M	$84.60M
YoY Change	14.72%	23.84%	17.51%	-42.1%	-4.35%		6.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$26.73M	$27.27M	$40.02M	$26.66M
YoY Change	-1.97%	-31.87%	50.08%
Other Assets	$126.5M	$119.6M	$31.08M	$41.59M	$13.00M	$12.60M	$3.800M	$5.000M
YoY Change	5.8%	284.77%	-25.26%	219.88%	3.17%		-24.0%
Total Long-Term Assets	$958.4M	$515.3M	$380.9M	$317.1M	$369.6M	$385.3M	$94.20M	$89.60M
YoY Change	85.98%	35.28%	20.12%	-14.2%	-4.07%		5.13%
Total Assets	$1.531B	$1.181B	$892.6M	$747.7M	$817.8M	$752.3M	$212.3M	$195.8M
YoY Change
Accounts Payable	$37.59M	$65.94M	$35.06M	$37.74M	$25.30M	$29.10M	$20.70M	$16.10M
YoY Change	-42.99%	88.08%	-7.11%	49.18%	-13.06%		28.57%
Accrued Expenses	$76.39M	$99.39M	$60.43M	$74.68M	$48.20M	$55.40M	$16.00M	$14.90M
YoY Change	-23.14%	64.48%	-19.09%	54.94%	-13.0%		7.38%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$43.00M	$0.00	$0.00	$0.00
YoY Change				-100.0%
Long-Term Debt Due	$3.929M			$0.00	$25.00M	$13.00M	$19.30M	$15.10M
YoY Change				-100.0%	92.31%		27.81%
Total Short-Term Liabilities	$117.9M	$165.3M	$104.2M	$116.7M	$150.1M	$103.9M	$57.00M	$47.60M
YoY Change	-28.68%	58.63%	-10.67%	-22.27%	44.47%		19.75%
Long-Term Debt	$249.6M	$25.00M	$25.00M	$25.00M	$17.70M	$29.70M	$8.700M	$24.70M
YoY Change	898.44%	0.0%	0.0%	41.24%	-40.4%		-64.78%
Other Long-Term Liabilities	$31.37M	$24.02M	$28.03M	$19.13M	$15.90M	$26.00M	$1.300M	$1.200M
YoY Change	30.62%	-14.34%	46.52%	20.33%	-38.85%		8.33%
Total Long-Term Liabilities	$281.0M	$49.02M	$53.03M	$44.13M	$33.60M	$55.70M	$10.00M	$25.90M
YoY Change	473.25%	-7.58%	20.17%	31.35%	-39.68%		-61.39%
Total Liabilities	$400.2M	$215.5M	$158.4M	$161.9M	$184.6M	$163.3M	$67.30M	$73.70M
YoY Change	85.67%	36.05%	-2.17%	-12.28%	13.04%		-8.68%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019
Basic Shares Outstanding	192.6M	191.2M shares	189.7M shares	83.45M shares	10.00M shares
Diluted Shares Outstanding	194.7M	193.7M shares	191.8M shares	176.4M shares	10.00M shares	10.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.9097 Billion

About ALLEGRO MICROSYSTEMS, INC.

Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. The company is headquartered in Manchester, New Hampshire and currently employs 4,593 full-time employees. The company went IPO on 2020-10-29. The company is a supplier of magnetic sensor IC solutions in the automotive market. Its sensor ICs enable its customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode driver ICs and isolated gate drivers. Its diverse product portfolio provides solutions for the electrification of vehicles, automotive advanced driver assistance systems (ADAS) safety features, automation for Industry 4.0 and power saving technologies for data centers and clean energy applications. Through its subsidiary, Crocus Technology, Inc. offers tunnel magnetoresistance (TMR) solutions that provide magnetic sensitivity, lower power consumption, and the smallest size in comparison to other magnetic technologies.

Industry: Semiconductors & Related Devices Peers: NVIDIA CORP CIRRUS LOGIC, INC. LATTICE SEMICONDUCTOR CORP MACOM Technology Solutions Holdings, Inc. POWER INTEGRATIONS INC Qorvo, Inc. SILICON LABORATORIES INC. SYNAPTICS Inc UNIVERSAL DISPLAY CORP \PA\