Intrinsic value of Diodes - DIOD

Previous Close

$31.16

  Intrinsic Value

$11.12

stock screener

  Rating & Target

str. sell

-64%

Previous close

$31.16

 
Intrinsic value

$11.12

 
Up/down potential

-64%

 
Rating

str. sell

We calculate the intrinsic value of DIOD stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  10.95
  11.40
  10.76
  10.18
  9.67
  9.20
  8.78
  8.40
  8.06
  7.75
  7.48
  7.23
  7.01
  6.81
  6.63
  6.46
  6.32
  6.19
  6.07
  5.96
  5.86
  5.78
  5.70
  5.63
  5.57
  5.51
  5.46
  5.41
  5.37
  5.33
  5.30
Revenue, $m
  942
  1,049
  1,162
  1,281
  1,404
  1,534
  1,668
  1,808
  1,954
  2,106
  2,263
  2,427
  2,597
  2,774
  2,958
  3,149
  3,348
  3,555
  3,771
  3,995
  4,230
  4,474
  4,729
  4,995
  5,273
  5,564
  5,868
  6,185
  6,518
  6,865
  7,229
Variable operating expenses, $m
 
  995
  1,101
  1,212
  1,328
  1,449
  1,575
  1,706
  1,843
  1,985
  2,132
  2,272
  2,432
  2,597
  2,769
  2,948
  3,135
  3,328
  3,530
  3,741
  3,960
  4,189
  4,428
  4,677
  4,937
  5,210
  5,494
  5,791
  6,103
  6,428
  6,769
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  907
  995
  1,101
  1,212
  1,328
  1,449
  1,575
  1,706
  1,843
  1,985
  2,132
  2,272
  2,432
  2,597
  2,769
  2,948
  3,135
  3,328
  3,530
  3,741
  3,960
  4,189
  4,428
  4,677
  4,937
  5,210
  5,494
  5,791
  6,103
  6,428
  6,769
Operating income, $m
  35
  54
  61
  69
  77
  85
  93
  102
  112
  121
  131
  155
  165
  177
  188
  201
  213
  226
  240
  254
  269
  285
  301
  318
  336
  354
  374
  394
  415
  437
  460
EBITDA, $m
  133
  148
  164
  181
  198
  216
  235
  255
  276
  297
  319
  342
  366
  391
  417
  444
  472
  501
  532
  564
  597
  631
  667
  705
  744
  785
  828
  872
  919
  968
  1,020
Interest expense (income), $m
  12
  14
  17
  21
  24
  27
  31
  34
  38
  42
  46
  51
  55
  60
  65
  70
  75
  81
  86
  92
  98
  105
  111
  118
  126
  133
  141
  150
  159
  168
  177
Earnings before tax, $m
  25
  39
  44
  48
  53
  58
  63
  68
  73
  79
  85
  104
  110
  117
  124
  131
  138
  146
  154
  162
  171
  180
  190
  200
  210
  221
  232
  244
  257
  270
  283
Tax expense, $m
  7
  11
  12
  13
  14
  16
  17
  18
  20
  21
  23
  28
  30
  32
  33
  35
  37
  39
  42
  44
  46
  49
  51
  54
  57
  60
  63
  66
  69
  73
  76
Net income, $m
  16
  29
  32
  35
  39
  42
  46
  50
  54
  58
  62
  76
  80
  85
  90
  95
  101
  106
  112
  118
  125
  132
  138
  146
  153
  161
  170
  178
  187
  197
  207

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  278
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,529
  1,394
  1,544
  1,701
  1,865
  2,037
  2,216
  2,402
  2,595
  2,797
  3,006
  3,223
  3,449
  3,684
  3,928
  4,182
  4,446
  4,721
  5,007
  5,306
  5,617
  5,942
  6,280
  6,634
  7,003
  7,389
  7,792
  8,214
  8,656
  9,117
  9,601
Adjusted assets (=assets-cash), $m
  1,251
  1,394
  1,544
  1,701
  1,865
  2,037
  2,216
  2,402
  2,595
  2,797
  3,006
  3,223
  3,449
  3,684
  3,928
  4,182
  4,446
  4,721
  5,007
  5,306
  5,617
  5,942
  6,280
  6,634
  7,003
  7,389
  7,792
  8,214
  8,656
  9,117
  9,601
Revenue / Adjusted assets
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
  0.753
Average production assets, $m
  387
  430
  477
  525
  576
  629
  684
  741
  801
  863
  928
  995
  1,065
  1,137
  1,213
  1,291
  1,373
  1,457
  1,546
  1,638
  1,734
  1,834
  1,939
  2,048
  2,162
  2,281
  2,406
  2,536
  2,672
  2,815
  2,964
Working capital, $m
  548
  316
  350
  385
  423
  462
  502
  544
  588
  634
  681
  731
  782
  835
  890
  948
  1,008
  1,070
  1,135
  1,203
  1,273
  1,347
  1,423
  1,504
  1,587
  1,675
  1,766
  1,862
  1,962
  2,066
  2,176
Total debt, $m
  427
  498
  586
  679
  776
  878
  983
  1,093
  1,208
  1,327
  1,450
  1,579
  1,712
  1,851
  1,995
  2,145
  2,302
  2,464
  2,633
  2,810
  2,994
  3,185
  3,386
  3,595
  3,813
  4,041
  4,279
  4,529
  4,789
  5,062
  5,348
Total liabilities, $m
  753
  824
  912
  1,005
  1,102
  1,204
  1,309
  1,419
  1,534
  1,653
  1,776
  1,905
  2,038
  2,177
  2,321
  2,471
  2,628
  2,790
  2,959
  3,136
  3,320
  3,511
  3,712
  3,921
  4,139
  4,367
  4,605
  4,855
  5,115
  5,388
  5,674
Total equity, $m
  776
  570
  631
  696
  763
  833
  906
  982
  1,061
  1,144
  1,229
  1,318
  1,411
  1,507
  1,606
  1,710
  1,818
  1,931
  2,048
  2,170
  2,297
  2,430
  2,569
  2,713
  2,864
  3,022
  3,187
  3,360
  3,540
  3,729
  3,927
Total liabilities and equity, $m
  1,529
  1,394
  1,543
  1,701
  1,865
  2,037
  2,215
  2,401
  2,595
  2,797
  3,005
  3,223
  3,449
  3,684
  3,927
  4,181
  4,446
  4,721
  5,007
  5,306
  5,617
  5,941
  6,281
  6,634
  7,003
  7,389
  7,792
  8,215
  8,655
  9,117
  9,601
Debt-to-equity ratio
  0.550
  0.870
  0.930
  0.980
  1.020
  1.050
  1.090
  1.110
  1.140
  1.160
  1.180
  1.200
  1.210
  1.230
  1.240
  1.250
  1.270
  1.280
  1.290
  1.290
  1.300
  1.310
  1.320
  1.320
  1.330
  1.340
  1.340
  1.350
  1.350
  1.360
  1.360
Adjusted equity ratio
  0.398
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409
  0.409

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  16
  29
  32
  35
  39
  42
  46
  50
  54
  58
  62
  76
  80
  85
  90
  95
  101
  106
  112
  118
  125
  132
  138
  146
  153
  161
  170
  178
  187
  197
  207
Depreciation, amort., depletion, $m
  98
  94
  103
  112
  122
  132
  142
  153
  164
  176
  188
  188
  201
  215
  229
  244
  259
  275
  292
  309
  327
  346
  366
  386
  408
  430
  454
  478
  504
  531
  559
Funds from operations, $m
  131
  123
  135
  147
  160
  174
  188
  202
  218
  233
  250
  264
  281
  300
  319
  339
  360
  381
  404
  428
  452
  478
  504
  532
  561
  592
  624
  657
  692
  728
  766
Change in working capital, $m
  6
  32
  34
  36
  37
  39
  41
  42
  44
  46
  47
  49
  51
  53
  55
  58
  60
  62
  65
  68
  71
  74
  77
  80
  84
  87
  91
  96
  100
  105
  110
Cash from operations, $m
  125
  91
  101
  111
  123
  135
  147
  160
  174
  188
  202
  214
  230
  247
  264
  281
  300
  319
  339
  360
  382
  404
  428
  452
  478
  504
  532
  561
  592
  623
  656
Maintenance CAPEX, $m
  0
  -73
  -81
  -90
  -99
  -109
  -119
  -129
  -140
  -151
  -163
  -175
  -188
  -201
  -215
  -229
  -244
  -259
  -275
  -292
  -309
  -327
  -346
  -366
  -386
  -408
  -430
  -454
  -478
  -504
  -531
New CAPEX, $m
  -59
  -44
  -46
  -49
  -51
  -53
  -55
  -57
  -60
  -62
  -65
  -67
  -70
  -72
  -75
  -78
  -82
  -85
  -88
  -92
  -96
  -100
  -105
  -109
  -114
  -119
  -125
  -130
  -136
  -143
  -149
Cash from investing activities, $m
  -27
  -117
  -127
  -139
  -150
  -162
  -174
  -186
  -200
  -213
  -228
  -242
  -258
  -273
  -290
  -307
  -326
  -344
  -363
  -384
  -405
  -427
  -451
  -475
  -500
  -527
  -555
  -584
  -614
  -647
  -680
Free cash flow, $m
  98
  -26
  -27
  -27
  -27
  -27
  -27
  -26
  -26
  -25
  -25
  -28
  -27
  -27
  -26
  -26
  -25
  -25
  -24
  -24
  -24
  -23
  -23
  -23
  -23
  -23
  -23
  -23
  -23
  -23
  -24
Issuance/(repayment) of debt, $m
  -36
  85
  89
  93
  97
  101
  106
  110
  114
  119
  124
  128
  133
  139
  144
  150
  156
  163
  169
  176
  184
  192
  200
  209
  218
  228
  238
  249
  261
  273
  286
Issuance/(repurchase) of shares, $m
  -18
  29
  29
  29
  29
  28
  27
  27
  26
  25
  24
  13
  12
  11
  10
  8
  7
  6
  5
  4
  2
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -63
  114
  118
  122
  126
  129
  133
  137
  140
  144
  148
  141
  145
  150
  154
  158
  163
  169
  174
  180
  186
  193
  200
  209
  218
  228
  238
  249
  261
  273
  286
Total cash flow (excl. dividends), $m
  29
  88
  91
  95
  99
  103
  106
  110
  114
  118
  122
  114
  118
  123
  128
  133
  138
  144
  150
  156
  163
  170
  177
  186
  195
  205
  216
  226
  238
  249
  262
Retained Cash Flow (-), $m
  19
  -58
  -61
  -64
  -67
  -70
  -73
  -76
  -79
  -82
  -86
  -89
  -92
  -96
  -100
  -104
  -108
  -112
  -117
  -122
  -127
  -133
  -139
  -145
  -151
  -158
  -165
  -173
  -180
  -189
  -198
Prev. year cash balance distribution, $m
 
  264
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  294
  30
  31
  32
  32
  33
  34
  35
  36
  37
  25
  26
  27
  28
  29
  30
  31
  33
  34
  35
  37
  39
  41
  44
  47
  51
  54
  57
  61
  64
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  282
  27
  27
  26
  25
  24
  23
  22
  21
  19
  12
  11
  10
  9
  8
  8
  7
  6
  5
  5
  4
  3
  3
  2
  2
  1
  1
  1
  1
  0
Current shareholders' claim on cash, %
  100
  97.2
  94.7
  92.5
  90.6
  89.0
  87.5
  86.2
  85.1
  84.1
  83.2
  82.8
  82.4
  82.1
  81.8
  81.6
  81.4
  81.3
  81.2
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1
  81.1

Diodes Incorporated is a manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company's products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers. It also holds interests in Pericom Semiconductor Corporation, which designs, develops and markets integrated circuits (ICs) and frequency control products (FCPs).

FINANCIAL RATIOS  of  Diodes (DIOD)

Valuation Ratios
P/E Ratio 91.6
Price to Sales 1.6
Price to Book 1.9
Price to Tangible Book
Price to Cash Flow 11.7
Price to Free Cash Flow 22.2
Growth Rates
Sales Growth Rate 11%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -55.6%
Cap. Spend. - 3 Yr. Gr. Rate 4.7%
Financial Strength
Quick Ratio 20
Current Ratio 0
LT Debt to Equity 53.2%
Total Debt to Equity 55%
Interest Coverage 3
Management Effectiveness
Return On Assets 1.6%
Ret/ On Assets - 3 Yr. Avg. 3%
Return On Total Capital 1.3%
Ret/ On T. Cap. - 3 Yr. Avg. 3.5%
Return On Equity 2%
Return On Equity - 3 Yr. Avg. 4.6%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 30.5%
Gross Margin - 3 Yr. Avg. 30.3%
EBITDA Margin 14.3%
EBITDA Margin - 3 Yr. Avg. 15.9%
Operating Margin 3.7%
Oper. Margin - 3 Yr. Avg. 6.1%
Pre-Tax Margin 2.7%
Pre-Tax Margin - 3 Yr. Avg. 5.7%
Net Profit Margin 1.7%
Net Profit Margin - 3 Yr. Avg. 3.9%
Effective Tax Rate 28%
Eff/ Tax Rate - 3 Yr. Avg. 28.5%
Payout Ratio 0%

DIOD stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the DIOD stock intrinsic value calculation we used $942 million for the last fiscal year's total revenue generated by Diodes. The default revenue input number comes from 2016 income statement of Diodes. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our DIOD stock valuation model: a) initial revenue growth rate of 11.4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for DIOD is calculated based on our internal credit rating of Diodes, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Diodes.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of DIOD stock the variable cost ratio is equal to 95%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for DIOD stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for Diodes.

Corporate tax rate of 27% is the nominal tax rate for Diodes. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the DIOD stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for DIOD are equal to 41%.

Life of production assets of 5.3 years is the average useful life of capital assets used in Diodes operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for DIOD is equal to 30.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $776 million for Diodes - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 49.055 million for Diodes is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Diodes at the current share price and the inputted number of shares is $1.5 billion.

RELATED COMPANIES Price Int.Val. Rating
ON ON Semiconduct 21.37 11.16  sell
NXPI NXP Semiconduc 115.15 81.92  sell
VSH Vishay Interte 23.05 83.66  str.buy
AOSL Alpha&Omega Se 17.97 17.77  hold
TXN Texas Instrume 98.08 77.16  hold
MSCC Microsemi 54.64 22.93  str.sell

COMPANY NEWS

▶ Diodes posts 3Q profit   [Nov-07-17 04:21PM  Associated Press]
▶ Diodes, Inc. to Host Earnings Call   [12:50PM  ACCESSWIRE]
▶ Diodes Joins Rank Of Stocks With 95-Plus Composite Rating   [Oct-27-17 03:00AM  Investor's Business Daily]
▶ AMD Becomes 'Top Medium-Term Idea' At Baird   [Oct-16-17 01:50PM  Benzinga]
▶ Harry Boxers four stocks to watch today   [Oct-11-17 12:30PM  MarketWatch]
▶ ETFs with exposure to Diodes, Inc. : October 6, 2017   [Oct-06-17 10:45AM  Capital Cube]
▶ New Strong Buy Stocks for September 7th   [Sep-07-17 11:33AM  Zacks]
▶ ETFs with exposure to Diodes, Inc. : September 6, 2017   [Sep-05-17 08:45PM  Capital Cube]
▶ Diodes posts 2Q profit   [Aug-08-17 11:56PM  Associated Press]
▶ ETFs with exposure to Diodes, Inc. : July 24, 2017   [Jul-24-17 03:23PM  Capital Cube]
▶ 5 Stocks to Buy on New Analyst Coverage   [Jul-19-17 09:46AM  Zacks]
▶ ETFs with exposure to Diodes, Inc. : July 14, 2017   [Jul-14-17 01:57PM  Capital Cube]
▶ Diodes, Inc. Value Analysis (NASDAQ:DIOD) : June 28, 2017   [Jun-28-17 03:23PM  Capital Cube]
▶ Diodes posts 1Q profit   [May-09-17 04:30PM  Associated Press]
▶ Diodes, Inc. Value Analysis (NASDAQ:DIOD) : May 1, 2017   [May-01-17 04:55PM  Capital Cube]
Financial statements of DIOD
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.