Educational research only - not investment advice, an offer, or a trade instruction. Confirm current data and do your own due diligence before acting.
NXPI trades against a final fair-value range of $151.79-$348.82, with the midpoint set by the accepted valuation synthesis rather than earlier draft model outputs.
In a severe auto recession combined with an EV adoption plateau, NXP's topline contracts materially as OEMs cancel orders. High fixed costs compress operating margins to the mid-teens, driving fair valueFair valueOur composite estimate of intrinsic per-share value, blended across DCF, exit-multiple, and reverse-DCF methods. Reported as a low/mid/high range to capture model uncertainty. down toward our $151.79 floor.
Global auto sales stagnate, pushing OEMs to slash semiconductor orders and violently bleed excess channel inventory.
Aggressive pricing from competitors in the legacy MCU space rapidly erodes gross margins below the 50% threshold.
Electric vehicle adoption slows materially, permanently capping the expected secular growth in silicon content per vehicle.
| 項目 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
|---|---|---|---|---|---|
| 売上高 | $13.21B | $13.28B+0.5% | $12.61B-5.0% | $12.27B-2.7% | -2.4% |
| 売上総利益 | $7.52B | $7.55B | $7.12B | $6.72B | -3.7% |
| 営業利益 | $3.79B | $3.68B | $3.47B | $3.04B | -7.2% |
| 純利益 | $2.79B | $2.80B+0.4% | $2.51B-10.4% | $2.02B-19.5% | -10.2% |
| EPS (希薄化後) | $10.55 | $10.70 | $9.73 | $7.95 | -9.0% |
| EBITDA | $5.04B | $4.90B | $4.42B | $3.96B | -7.7% |
| 研究開発 | $2.15B | $2.42B | $2.35B | $2.36B | +3.2% |
| 販管費 | $1.07B | $1.16B | $1.16B | $1.20B | +4.1% |
Cash-flow quality is reflected in the OCFOperating cash flowCash generated from the company's core operations after working-capital changes but before capital expenditures. The first line of the cash-flow statement. / net incomeNet IncomeNet Income is an income-statement line item used to reconcile revenue to operating profit, pre-tax income, net income, or per-share earnings. It should be compared across periods and against peer disclosure conventions., accounting-quality, and ROICROICReturn on invested capital. Operating profit (after tax) divided by invested capital. The single best gauge of capital-efficiency. Spread over WACC = economic value created. rows above.
Capital allocation should be evaluated against reinvestment needs, balance-sheet strength, and shareholder returns.
