NXPI - Embedded Expectations Analysis - 2020 01 16
NXP Semiconductors N.V. (NXPI:USA) currently trades near recent averages relative to UAFRS-based (Uniform) Earnings, with a 20.9x Uniform P/E. At these levels, the market has bearish expectations for the firm, and management may be concerned about growth expectations, mobile business seasonality, and their product lineSpecifically, management may lack confidence in their ability to meet mobile and RF Power business growth expectations, improve days receivable performance, and expand gross margins. Moreover, they may be downplaying concerns about mobile business seasonality and weakness in their general-purpose microcontroller product. Finally, they may be exaggerating the strength of their relationships with Chinese clients, the performance of their ray-based solutions, and their ability to increase bandwidth in a fixed frequency spectrum
NXP Semiconductors is a holding company. Through its subsidiaries, Co. is engaged as a global semiconductor company and a long-standing supplier in the industry. Co. provides High-Performance Mixed-Signal and Standard Product solutions. Co.'s product solutions are used in automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. Co. engages with original equipment manufacturers (OEM) and sell products in all major geographic regions.
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