NASDAQ Framework: Allegro MicroSystems Inc.
1: Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd. View Source2: Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions. View Source
Allegro MicroSystems, Inc., headquartered in Manchester, New Hampshire, is a leading global designer, developer, fabless manufacturer, and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. The company's diverse product portfolio includes magnetic sensor ICs, motor driver ICs, regulator and LED driver ICs, and isolated gate drivers, catering primarily to the automotive and industrial markets. Allegro's innovative solutions support the electrification of vehicles, automotive ADAS safety features, Industry 4.0 automation, and power-saving technologies for data centers and clean energy applications 3, 4, 5.
3: Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd. View Source4: Allegro MicroSystems, Inc. is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (“ICs”) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. Allegro’s diverse product portfolio provides efficient and reliable solutions for the electrification of vehicles, automotive ADAS safety features, automation for Industry 4.0 and power-saving technologies for data centers and clean energy applications. View Source5: Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions. View Source
UNKNOWN
The provided facts do not specify whether Allegro MicroSystems Inc. is still led by its founders or if the founders are heavily involved in the company's current operations.
The provided facts do not specify whether Allegro MicroSystems Inc. is still led by its founders or if the founders are heavily involved in the company's current operations.
LOW RISK
Allegro MicroSystems Inc. is in a strong financial position, as evidenced by its significant earnings growth, respectable return on equity (ROE), and the fact that it reinvests all profits back into the business 6, 7, 8. The company has experienced a 40% net income growth over the past five years, which is higher than the industry average 9, 10. Additionally, Allegro MicroSystems has a market capitalization of $6.42 billion and a forward price-to-earnings ratio of 29.13, indicating strong market confidence in its future performance 11. The company does not pay dividends, which suggests it is focused on growth and reinvestment 12.
Allegro MicroSystems Inc. is in a strong financial position, as evidenced by its significant earnings growth, respectable return on equity (ROE), and the fact that it reinvests all profits back into the business 6, 7, 8. The company has experienced a 40% net income growth over the past five years, which is higher than the industry average 9, 10. Additionally, Allegro MicroSystems has a market capitalization of $6.42 billion and a forward price-to-earnings ratio of 29.13, indicating strong market confidence in its future performance 11. The company does not pay dividends, which suggests it is focused on growth and reinvestment 12.
6: To begin with, Allegro MicroSystems seems to have a respectable ROE. Further, the company's ROE is similar to the industry average of 15%. This probably goes some way in explaining Allegro MicroSystems' significant 40% net income growth over the past five years amongst other factors. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently. View Source7: Allegro MicroSystems doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. View Source8: On the whole, we feel that Allegro MicroSystems' performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. View Source9: To begin with, Allegro MicroSystems seems to have a respectable ROE. Further, the company's ROE is similar to the industry average of 15%. This probably goes some way in explaining Allegro MicroSystems' significant 40% net income growth over the past five years amongst other factors. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently. View Source10: As a next step, we compared Allegro MicroSystems' net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 33%. View Source11: The stock’s market cap achieved a total value of $6.42 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Allegro Microsystems Inc. (NASDAQ:ALGM) is 42.34. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 29.13. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 6.12 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 5.66, which equates the market value of a stock with its book value. View Source12: Allegro MicroSystems doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. View Source
13: Allegro MicroSystems Launches Incremental Term Loan GlobeNewswire Jul 23, 2024 8:06pm Allegro MicroSystems Launches Primary Offering of Common Stock GlobeNewswire Jul 23, 2024 8:05pm Allegro MicroSystems to Announce First Quarter Fiscal 2025 Financial Results GlobeNewswire Jul 11, 2024 12:00pm Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications GlobeNewswire Jul 8, 2024 12:00pm Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip GlobeNewswire May 21, 2024 12:00pm Allegro MicroSystems to Present at TD Cowen’s Technology, Media & Telecom Conference on May 29 GlobeNewswire May 16, 2024 12:00pm Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 Results GlobeNewswire May 9, 2024 11:00am GHSP Leverages Allegro MicroSystems’ Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe System GlobeNewswire Apr 30, 2024 2:00pm View Source14: Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications View Source
Allegro MicroSystems Inc. is actively expanding its product portfolio and market presence through a series of strategic initiatives from 2024 to 2026. The company has launched new offerings such as compact, integrated solutions for magnetic current sensing, which are targeted at industrial, automotive, and clean energy applications 15, 16. Additionally, Allegro has expanded its isolated gate driver portfolio with the introduction of the Power-Thru Combo Chip 17, 18. These innovations are part of Allegro's broader strategy to support the electrification of vehicles, enhance automotive ADAS safety features, and drive automation for Industry 4.0, as well as to develop power-saving technologies for data centers and clean energy applications 19, 20.
15: Allegro MicroSystems Launches Incremental Term Loan GlobeNewswire Jul 23, 2024 8:06pm Allegro MicroSystems Launches Primary Offering of Common Stock GlobeNewswire Jul 23, 2024 8:05pm Allegro MicroSystems to Announce First Quarter Fiscal 2025 Financial Results GlobeNewswire Jul 11, 2024 12:00pm Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications GlobeNewswire Jul 8, 2024 12:00pm Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip GlobeNewswire May 21, 2024 12:00pm Allegro MicroSystems to Present at TD Cowen’s Technology, Media & Telecom Conference on May 29 GlobeNewswire May 16, 2024 12:00pm Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 Results GlobeNewswire May 9, 2024 11:00am GHSP Leverages Allegro MicroSystems’ Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe System GlobeNewswire Apr 30, 2024 2:00pm View Source16: Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications View Source17: Allegro MicroSystems Launches Incremental Term Loan GlobeNewswire Jul 23, 2024 8:06pm Allegro MicroSystems Launches Primary Offering of Common Stock GlobeNewswire Jul 23, 2024 8:05pm Allegro MicroSystems to Announce First Quarter Fiscal 2025 Financial Results GlobeNewswire Jul 11, 2024 12:00pm Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications GlobeNewswire Jul 8, 2024 12:00pm Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip GlobeNewswire May 21, 2024 12:00pm Allegro MicroSystems to Present at TD Cowen’s Technology, Media & Telecom Conference on May 29 GlobeNewswire May 16, 2024 12:00pm Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 Results GlobeNewswire May 9, 2024 11:00am GHSP Leverages Allegro MicroSystems’ Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe System GlobeNewswire Apr 30, 2024 2:00pm View Source18: Allegro MicroSystems Launches Incremental Term Loan GlobeNewswire Jul 23, 2024 8:06pm Allegro MicroSystems Launches Primary Offering of Common Stock GlobeNewswire Jul 23, 2024 8:05pm Allegro MicroSystems to Announce First Quarter Fiscal 2025 Financial Results GlobeNewswire Jul 11, 2024 12:00pm Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications GlobeNewswire Jul 8, 2024 12:00pm Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip GlobeNewswire May 21, 2024 12:00pm Allegro MicroSystems to Present at TD Cowen’s Technology, Media & Telecom Conference on May 29 GlobeNewswire May 16, 2024 12:00pm Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 Results GlobeNewswire May 9, 2024 11:00am GHSP Leverages Allegro MicroSystems’ Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe System GlobeNewswire Apr 30, 2024 2:00pm View Source19: Allegro MicroSystems Launches Incremental Term Loan GlobeNewswire Jul 23, 2024 8:06pm Allegro MicroSystems Launches Primary Offering of Common Stock GlobeNewswire Jul 23, 2024 8:05pm Allegro MicroSystems to Announce First Quarter Fiscal 2025 Financial Results GlobeNewswire Jul 11, 2024 12:00pm Allegro MicroSystems Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications GlobeNewswire Jul 8, 2024 12:00pm Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip GlobeNewswire May 21, 2024 12:00pm Allegro MicroSystems to Present at TD Cowen’s Technology, Media & Telecom Conference on May 29 GlobeNewswire May 16, 2024 12:00pm Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 Results GlobeNewswire May 9, 2024 11:00am GHSP Leverages Allegro MicroSystems’ Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe System GlobeNewswire Apr 30, 2024 2:00pm View Source20: Allegro MicroSystems, Inc. is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (“ICs”) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. Allegro’s diverse product portfolio provides efficient and reliable solutions for the electrification of vehicles, automotive ADAS safety features, automation for Industry 4.0 and power-saving technologies for data centers and clean energy applications. View Source