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56.33 (1y: +12%)
Market Cap 1.77 B P/E(ttm) 24.80
Enterprise Value 1.34 B P/B 3.22
HITT- NAS (USA)
Hittite Microwave Corporation
  • Currently 3/5
Business Predictability Rank: 3-Star (On Watch)
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$56.33
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 10/10

vs
industry		 vs
history
Cash to Debt No Debt
HITT's Cash to Debt is ranked higher than
58% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. HITT: No Debt )
HITT' s 10-Year Cash to Debt Range
Min: 11.68   Max: No Debt
Current: No Debt
Equity to Asset 0.961
HITT's Equity to Asset is ranked higher than
99% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.59 vs. HITT: 0.961 )
HITT' s 10-Year Equity to Asset Range
Min: 0.11   Max: 0.96
Current: 0.96
0.11
0.96
Interest Coverage No Debt
HITT's Interest Coverage is ranked higher than
67% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. HITT: No Debt )
HITT' s 10-Year Interest Coverage Range
Min: 167   Max: No Debt
Current: No Debt
F-Score: 6
Z-Score: 36.75
M-Score: -2.43
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 40.60
HITT's Operating margin (%) is ranked higher than
99% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.60 vs. HITT: 40.60 )
HITT' s 10-Year Operating margin (%) Range
Min: 19.3   Max: 48.8
Current: 40.6
19.3
48.8
Net-margin (%) 25.9
HITT's Net-margin (%) is ranked higher than
97% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. HITT: 25.9 )
HITT' s 10-Year Net-margin (%) Range
Min: 13.3   Max: 32.8
Current: 25.9
13.3
32.8
ROE (%) 12.4
HITT's ROE (%) is ranked higher than
87% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.00 vs. HITT: 12.4 )
HITT' s 10-Year ROE (%) Range
Min: 12.4   Max: 136.1
Current: 12.4
12.4
136.1
ROA (%) 12
HITT's ROA (%) is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. HITT: 12 )
HITT' s 10-Year ROA (%) Range
Min: 12   Max: 24.7
Current: 12
12
24.7
ROC (Joel Greenblatt) (%) 81.80
HITT's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. HITT: 81.80 )
HITT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 81.8   Max: 182.1
Current: 81.8
81.8
182.1
Revenue Growth (%) 11.9
HITT's Revenue Growth (%) is ranked higher than
91% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. HITT: 11.9 )
HITT' s 10-Year Revenue Growth (%) Range
Min: 6.7   Max: 22.9
Current: 11.9
6.7
22.9
EBITDA Growth (%) 10.7
HITT's EBITDA Growth (%) is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.00 vs. HITT: 10.7 )
HITT' s 10-Year EBITDA Growth (%) Range
Min: 4.7   Max: 47
Current: 10.7
4.7
47
EPS Growth (%) 9.4
HITT's EPS Growth (%) is ranked higher than
92% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.90 vs. HITT: 9.4 )
HITT' s 10-Year EPS Growth (%) Range
Min: 2.9   Max: 59.4
Current: 9.4
2.9
59.4
ยป HITT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HITT Guru Trades in Q2 2012

Columbia Wanger 553,300 sh (unchged)
Paul Tudor Jones Sold Out
Steven Cohen Sold Out
RS Investment Management 39,580 sh (-2.22%)
Jim Simons 349,000 sh (-2.79%)
Joel Greenblatt 18,428 sh (-17.72%)
» More
Q3 2012

HITT Guru Trades in Q3 2012

Columbia Wanger 574,300 sh (+3.8%)
RS Investment Management Sold Out
Joel Greenblatt Sold Out
Jim Simons 206,900 sh (-40.72%)
» More
Q4 2012

HITT Guru Trades in Q4 2012

Steven Cohen 3,896 sh (New)
Columbia Wanger 573,500 sh (-0.14%)
Jim Simons 122,700 sh (-40.7%)
» More
Q1 2013

HITT Guru Trades in Q1 2013

John Hussman 39,000 sh (New)
Steven Cohen Sold Out
Jim Simons 120,200 sh (-2.04%)
Columbia Wanger 543,500 sh (-5.23%)
» More
» Details

Insider Trades

Latest Guru Trades with HITT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Hussman 2013-03-31 New Buy0.09%$59.09 - $66.08 $ 56.33-10%39000
Joel Greenblatt 2012-09-30 Sold Out 0.07%$46.35 - $57.39 $ 56.339%0
Joel Greenblatt 2012-03-31 Add 25.68%0.02%$49.68 - $59 $ 56.3310%22396
Joel Greenblatt 2011-12-31 Add 46.28%0.03%$46.35 - $54.98 $ 56.339%17820
Joel Greenblatt 2011-09-30 Add 148.97%0.06%$49.45 - $63.47 $ 56.332%12182
Joel Greenblatt 2011-06-30 Add 40.24%0.01%$56.86 - $64.56 $ 56.33-8%4893
Joel Greenblatt 2011-03-31 New Buy0.07%$56.48 - $67.04 $ 56.33-8%3489
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 24.80
HITT's P/E(ttm) is ranked higher than
69% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 18.76 vs. HITT: 24.80 )
HITT' s 10-Year P/E(ttm) Range
Min: 14.47   Max: 45.24
Current: 24.8
14.47
45.24
P/B 3.22
HITT's P/B is ranked lower than
86% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.28 vs. HITT: 3.22 )
HITT' s 10-Year P/B Range
Min: 2.86   Max: 11.44
Current: 3.22
2.86
11.44
P/S 6.49
HITT's P/S is ranked lower than
96% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. HITT: 6.49 )
HITT' s 10-Year P/S Range
Min: 4.32   Max: 13.19
Current: 6.49
4.32
13.19
PFCF 30.28
HITT's PFCF is ranked lower than
66% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 15.69 vs. HITT: 30.28 )
HITT' s 10-Year PFCF Range
Min: 14.3   Max: 51.53
Current: 30.28
14.3
51.53
EV-to-EBIT 12.33
HITT's EV-to-EBIT is ranked higher than
82% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.70 vs. HITT: 12.33 )
HITT' s 10-Year EV-to-EBIT Range
Min: 7.3   Max: 30.1
Current: 12.33
7.3
30.1
PEG 2.02
HITT's PEG is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.93 vs. HITT: 2.02 )
HITT' s 10-Year PEG Range
Min: 1.04   Max: 2.25
Current: 2.02
1.04
2.25
Shiller P/E 25.21
HITT's Shiller P/E is ranked higher than
85% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.80 vs. HITT: 25.21 )
HITT' s 10-Year Shiller P/E Range
Min: 22.26   Max: 36.59
Current: 25.21
22.26
36.59

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 4.6
HITT's Price/Net Cash is ranked higher than
91% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.30 vs. HITT: 4.6 )
HITT' s 10-Year Price/Net Cash Range
Min: 4.5   Max: 12.1
Current: 4.6
4.5
12.1
Price/Net Current Asset Value 25.5
HITT's Price/Net Current Asset Value is ranked higher than
96% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 6.80 vs. HITT: 25.5 )
HITT' s 10-Year Price/Net Current Asset Value Range
Min: 26.4   Max: 52.6
Current: 25.5
26.4
52.6
Price/Tangible Book 3.2
HITT's Price/Tangible Book is ranked higher than
90% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. HITT: 3.2 )
HITT' s 10-Year Price/Tangible Book Range
Min: 3.2   Max: 7.4
Current: 3.2
3.2
7.4
Price/DCF (Projected) 1.4
HITT's Price/DCF (Projected) is ranked higher than
94% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. HITT: 1.4 )
HITT' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 2
Current: 1.4
1.3
2
Price/Median PS Value 0.9
HITT's Price/Median PS Value is ranked higher than
87% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.80 vs. HITT: 0.9 )
HITT' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.3
Current: 0.9
0.7
1.3
Price/Peter Lynch Fair Value 1.9
HITT's Price/Peter Lynch Fair Value is ranked higher than
96% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.70 vs. HITT: 1.9 )
HITT' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.1   Max: 2
Current: 1.9
1.1
2
Price/Graham Number 1.9
HITT's Price/Graham Number is ranked higher than
91% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. HITT: 1.9 )
HITT' s 10-Year Price/Graham Number Range
Min: 1.6   Max: 3.1
Current: 1.9
1.6
3.1
Earnings Yield (Greenblatt) 8.10
HITT's Earnings Yield (Greenblatt) is ranked higher than
88% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.60 vs. HITT: 8.10 )
HITT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.3   Max: 13.7
Current: 8.1
3.3
13.7
Forward Rate of Return (Yacktman) 15.36
HITT's Forward Rate of Return (Yacktman) is ranked higher than
94% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.30 vs. HITT: 15.36 )
HITT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 15.5   Max: 21
Current: 15.36
15.5
21

Business Description

Hittite Microwave Corporation were organized as a Massachusetts corporation in 1985 and reincorporated under the laws of Delaware in 1988. The company design, develop and sell high performance analog, digital and mixed-signal ICs, modules, subsystems and instrumentation used in technically challenging RF, microwave and millimeterwave and fiber optic communications application. It offer a broad range of radio frequency integrated circuits (RFICs), MMICs, MCMs, subsystems and instruments that perform a variety of signal processing functions and that operate across the RF, microwave, millimeterwave and visible light frequency spectrum. The Company's products are used in a variety of applications and industries, including automotive, broadband, cellular infrastructure, fiber optic, microwave and millimeterwave communications, military, space, and test and measurement. The Company operates design centers in Colorado Springs, CO; Ottawa and Ontario, Canada and Istanbul, Turkey. The Company has sales offices in China, Germany, Japan, Korea, Sweden and the United Kingdom. North American sales are managed by the Company's distributor, Future Electronics. Hittite offers a range of standard and custom ICs, modules and subsystems that perform a variety of functions across the RF, microwave and millimeterwave frequency bands. The Company has products spanning multiple product lines: amplifiers; attenuators; data converters; frequency dividers and detectors; frequency multipliers; high speed digital logic products; interface; limiting amplifiers; mixers and converters; modulators; oscillators; passives; phase lock loop; phase shifters; power detectors; sensors; switches; synthesizers; transimpedance amplifiers and variable gain amplifiers. Hittite also supplies custom semiconductor components to meet specific requirements of its customers. The company competes with large number of semiconductor manufacturers such as Eudyna, Linear Technology, NEC, RFMD, Skyworks, TriQuint Semiconductor and UMS.
Company Website
SEC Reports
Industry: Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI
ยป More Articles for HITT

Headlines

Articles On GuruFocus.com
Hittite Microwave: Debt-free, 74% of Total Assets in Cash and Historical Return of 37x the S&P 500 Jan 18 2012 
Hittite Microwave Corp. Reports Operating Results (10-Q) Nov 05 2010 
Hittite Microwave Corp. Reports Operating Results (10-Q) Aug 06 2010 
Hittite Microwave Corp. (HITT) Treasurer and CFO William W Boecke sells 50,000 Shares Jul 28 2010 
Hittite Microwave Corp. Reports Operating Results (10-Q) May 07 2010 
Hittite Microwave Corp. (HITT) Treasurer and CFO William W Boecke sells 83,030 Shares Mar 25 2010 
Hittite Microwave Corp. (HITT) Treasurer and CFO William W Boecke sells 83,030 Shares Feb 24 2010 
Hittite Microwave Corp. (HITT) President and CEO Stephen G Daly sells 52,147 Shares Feb 24 2010 
Hittite Microwave Corp. Reports Operating Results (10-Q) Nov 06 2009 
Hittite Microwave Corp. Reports Operating Results (10-Q) Aug 07 2009 

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