Analyzing Nordic Semiconductor ASA (OTCMKTS:NDCVF) & Navitas Semiconductor (NASDAQ:NVTS)

Nordic Semiconductor ASA (OTCMKTS:NDCVFGet Free Report) and Navitas Semiconductor (NASDAQ:NVTSGet Free Report) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, earnings, institutional ownership, risk, dividends and valuation.

Profitability

This table compares Nordic Semiconductor ASA and Navitas Semiconductor’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nordic Semiconductor ASA N/A N/A N/A
Navitas Semiconductor -856.85% -13.13% -11.91%

Valuation & Earnings

This table compares Nordic Semiconductor ASA and Navitas Semiconductor”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nordic Semiconductor ASA N/A N/A N/A $0.09 193.98
Navitas Semiconductor $45.92 million 82.90 -$116.95 million ($1.33) -10.96

Nordic Semiconductor ASA has higher earnings, but lower revenue than Navitas Semiconductor. Navitas Semiconductor is trading at a lower price-to-earnings ratio than Nordic Semiconductor ASA, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings for Nordic Semiconductor ASA and Navitas Semiconductor, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nordic Semiconductor ASA 1 1 0 0 1.50
Navitas Semiconductor 2 2 2 0 2.00

Navitas Semiconductor has a consensus price target of $15.92, indicating a potential upside of 9.19%. Given Navitas Semiconductor’s stronger consensus rating and higher possible upside, analysts plainly believe Navitas Semiconductor is more favorable than Nordic Semiconductor ASA.

Insider & Institutional Ownership

23.8% of Nordic Semiconductor ASA shares are held by institutional investors. Comparatively, 46.1% of Navitas Semiconductor shares are held by institutional investors. 12.4% of Navitas Semiconductor shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Navitas Semiconductor beats Nordic Semiconductor ASA on 6 of the 11 factors compared between the two stocks.

About Nordic Semiconductor ASA

(Get Free Report)

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders. It also provides Matter, a Connected Home over IP solution; Amazon sidewalk; multiprotocol SoCs; Bluetooth wireless technology; security solution; power management ICs comprising nPM1100 PMIC, nPM1300 PMIC, and nPM6001 PMIC; cloud services, such as location, security, and device management services; nRF Cloud solution; and application specific integrated circuits and related consulting services. The company's products are used in various applications, such as audio, automotive, asset tracking, beacon, computer peripherals, connected health, smart agriculture, smart home and metering, education, building automation, LED lighting, logistics and transport, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, and wearables. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.

About Navitas Semiconductor

(Get Free Report)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company’s products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications. It operates in the United States, Europe, China, rest of Asia, and internationally. The company was founded in 2013 and is based in Torrance, California.

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