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37.28 (1y: +21%)
Market Cap 8.71 B P/E(ttm) 21.60
Enterprise Value 7.9 B P/B 11.70
LLTC- NAS (USA)
Linear Technology
  • 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
$37.28
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GuruFocus Financial Strength Rank measures how strong a company’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 : 7/10

vs
industry		 vs
history
Cash to Debt 1.493
LLTC's Cash to Debt is ranked higher than
51% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 4.44 vs. LLTC: 1.493 )
LLTC' s 10-Year Cash to Debt Range
Min: 0.37   Max: No Debt
Current: 1.49
Equity to Asset 0.398
LLTC's Equity to Asset is ranked lower than
62% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.63 vs. LLTC: 0.398 )
LLTC' s 10-Year Equity to Asset Range
Min: -0.58   Max: 0.9
Current: 0.4
-0.58
0.9
Interest Coverage 13.6
LLTC's Interest Coverage is ranked higher than
62% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 11.50 vs. LLTC: 13.6 )
LLTC' s 10-Year Interest Coverage Range
Min: 9   Max: No Debt
Current: 13.6
F-Score: 6
Z-Score: 6.37
M-Score: -3.07
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’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.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

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 : 8/10

vs
industry		 vs
history
Operating margin (%) 46.00
LLTC's Operating margin (%) is ranked higher than
100% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 2.10 vs. LLTC: 46.00 )
LLTC' s 10-Year Operating margin (%) Range
Min: 42.5   Max: 56.2
Current: 46
42.5
56.2
Net-margin (%) 31.4
LLTC's Net-margin (%) is ranked higher than
99% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. LLTC: 31.4 )
LLTC' s 10-Year Net-margin (%) Range
Min: 30.9   Max: 43.9
Current: 31.4
30.9
43.9
ROE (%) 54.1
LLTC's ROE (%) is ranked higher than
100% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. LLTC: 54.1 )
LLTC' s 10-Year ROE (%) Range
Min: 11.1   Max: 908.2
Current: 54.1
11.1
908.2
ROA (%) 21.5
LLTC's ROA (%) is ranked higher than
99% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.80 vs. LLTC: 21.5 )
LLTC' s 10-Year ROA (%) Range
Min: 9.9   Max: 35.6
Current: 21.5
9.9
35.6
ROC (Joel Greenblatt) (%) 128.80
LLTC's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 4.00 vs. LLTC: 128.80 )
LLTC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 84.2   Max: 256.7
Current: 128.8
84.2
256.7
Revenue Growth (%) 5.6
LLTC's Revenue Growth (%) is ranked higher than
81% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 5.6 )
LLTC' s 10-Year Revenue Growth (%) Range
Min: -3.7   Max: 20.9
Current: 5.6
-3.7
20.9
EBITDA Growth (%) 7.1
LLTC's EBITDA Growth (%) is ranked higher than
88% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 7.1 )
LLTC' s 10-Year EBITDA Growth (%) Range
Min: -3.6   Max: 25.1
Current: 7.1
-3.6
25.1
EPS Growth (%) 4.8
LLTC's EPS Growth (%) is ranked higher than
91% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 4.8 )
LLTC' s 10-Year EPS Growth (%) Range
Min: -5.7   Max: 23.1
Current: 4.8
-5.7
23.1
» LLTC's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

LLTC Guru Trades in Q2 2012

Paul Tudor Jones 70,000 sh (New)
Bruce Kovner 19,133 sh (New)
Manning & Napier Advisors, Inc 26,440 sh (+124.43%)
Pioneer Investments 587,081 sh (+69.15%)
Jim Simons 6,173,700 sh (+42.21%)
Jean-Marie Eveillard 14,279,770 sh (+31.33%)
Joel Greenblatt 23,652 sh (+15.31%)
Diamond Hill Capital 1,723,751 sh (+3.69%)
Ruane Cunniff 274,645 sh (+1.78%)
John Hussman 1,500 sh (unchged)
Andreas Halvorsen Sold Out
George Soros Sold Out
Ray Dalio 97,276 sh (-58.38%)
Steven Cohen 20,681 sh (-66.18%)
» More
Q3 2012

LLTC Guru Trades in Q3 2012

Meridian Funds 15,800 sh (New)
Jim Simons 7,581,000 sh (+22.8%)
Jean-Marie Eveillard 15,475,218 sh (+8.37%)
Diamond Hill Capital 1,749,680 sh (+1.5%)
Manning & Napier Advisors, Inc 26,825 sh (+1.46%)
John Hussman 1,500 sh (unchged)
Paul Tudor Jones Sold Out
Bruce Kovner Sold Out
Ray Dalio Sold Out
Ruane Cunniff 262,866 sh (-4.29%)
Joel Greenblatt 22,556 sh (-4.63%)
Pioneer Investments 434,792 sh (-25.94%)
Steven Cohen 7,548 sh (-63.5%)
» More
Q4 2012

LLTC Guru Trades in Q4 2012

Ray Dalio 40,811 sh (New)
George Soros 270,771 sh (New)
Steven Cohen 144,773 sh (+1818.03%)
Meridian Funds 272,200 sh (+1622.78%)
Joel Greenblatt 36,203 sh (+60.5%)
John Hussman 2,250 sh (+50%)
Jim Simons 8,233,100 sh (+8.6%)
George Soros 120,000 sh (unchged)
Manning & Napier Advisors, Inc 26,673 sh (-0.57%)
Ruane Cunniff 254,876 sh (-3.04%)
Diamond Hill Capital 1,663,711 sh (-4.91%)
Jean-Marie Eveillard 14,457,182 sh (-6.58%)
Pioneer Investments 385,717 sh (-11.29%)
» More
Q1 2013

LLTC Guru Trades in Q1 2013

John Keeley 8,090 sh (New)
Meridian Funds 332,000 sh (+21.97%)
Jim Simons 8,853,700 sh (+7.54%)
Manning & Napier Advisors, Inc 27,905 sh (+4.62%)
Pioneer Investments 386,328 sh (+0.16%)
George Soros 498,000 sh (unchged)
Steven Cohen Sold Out
Joel Greenblatt Sold Out
John Hussman Sold Out
Diamond Hill Capital 1,548,183 sh (-6.94%)
Ruane Cunniff 222,311 sh (-12.78%)
Jean-Marie Eveillard 12,265,876 sh (-15.16%)
Ray Dalio 24,011 sh (-41.17%)
George Soros 58,105 sh (-78.54%)
» More
» Details

Insider Trades

Latest Guru Trades with LLTC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2013-03-31 Reduce -78.54%0.09%$34.3 - $38.58 $ 37.280%58105
Meridian Funds 2013-03-31 Add 21.97%0.08%$34.3 - $38.58 $ 37.280%332000
Joel Greenblatt 2013-03-31 Sold Out 0.07%$34.3 - $38.58 $ 37.280%0
John Keeley 2013-03-31 New Buy0.01%$34.3 - $38.58 $ 37.280%8090
Ray Dalio 2013-03-31 Reduce -41.17%0.01%$34.3 - $38.58 $ 37.280%24011
John Hussman 2013-03-31 Sold Out $34.3 - $38.58 $ 37.280%0
Meridian Funds 2012-12-31 Add 1622.78%0.35%$31 - $34.46 $ 37.2814%272200
George Soros 2012-12-31 New Buy0.11%$31 - $34.46 $ 37.2814%270771
Joel Greenblatt 2012-12-31 Add 60.5%0.03%$31 - $34.46 $ 37.2814%36203
Ray Dalio 2012-12-31 New Buy0.01%$31 - $34.46 $ 37.2814%40811
John Hussman 2012-12-31 Add 50%$31 - $34.46 $ 37.2814%2250
Jean-Marie Eveillard 2012-09-30 Add 8.37%0.14%$29.65 - $33.68 $ 37.2816%15475218
Ray Dalio 2012-09-30 Sold Out 0.05%$29.65 - $33.68 $ 37.2816%0
Meridian Funds 2012-09-30 New Buy0.02%$29.65 - $33.68 $ 37.2816%15800
Jean-Marie Eveillard 2012-06-30 Add 31.33%0.41%$28.55 - $33.18 $ 37.2821%14279770
Ray Dalio 2012-06-30 Reduce -58.38%0.07%$28.55 - $33.18 $ 37.2821%97276
George Soros 2012-06-30 Sold Out 0.01%$28.55 - $33.18 $ 37.2821%0
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 21.60
LLTC's P/E(ttm) is ranked higher than
60% of the 564 Companies
in the Global Semiconductors industry.

( Industry Median: 21.60 vs. LLTC: 21.60 )
LLTC' s 10-Year P/E(ttm) Range
Min: 10.54   Max: 79.4
Current: 21.6
10.54
79.4
P/B 11.70
LLTC's P/B is ranked lower than
77% of the 931 Companies
in the Global Semiconductors industry.

( Industry Median: 1.44 vs. LLTC: 11.70 )
LLTC' s 10-Year P/B Range
Min: 3.86   Max: 189.65
Current: 11.7
3.86
189.65
P/S 6.90
LLTC's P/S is ranked lower than
73% of the 963 Companies
in the Global Semiconductors industry.

( Industry Median: 1.35 vs. LLTC: 6.90 )
LLTC' s 10-Year P/S Range
Min: 3.55   Max: 32.5
Current: 6.9
3.55
32.5
PFCF 16.30
LLTC's PFCF is ranked higher than
62% of the 592 Companies
in the Global Semiconductors industry.

( Industry Median: 17.52 vs. LLTC: 16.30 )
LLTC' s 10-Year PFCF Range
Min: 9.17   Max: 63.52
Current: 16.3
9.17
63.52
EV-to-EBIT 14.1
LLTC's EV-to-EBIT is ranked higher than
67% of the 532 Companies
in the Global Semiconductors industry.

( Industry Median: 16.37 vs. LLTC: 14.1 )
LLTC' s 10-Year EV-to-EBIT Range
Min: 7.8   Max: 58.8
Current: 14.1
7.8
58.8
PEG 4
LLTC's PEG is ranked higher than
50% of the 186 Companies
in the Global Semiconductors industry.

( Industry Median: 1.21 vs. LLTC: 4 )
LLTC' s 10-Year PEG Range
Min: 0.81   Max: 106.95
Current: 4
0.81
106.95
Shiller P/E 20.2
LLTC's Shiller P/E is ranked lower than
100% of the Companies
in the Global Semiconductors industry.

( Industry Median: vs. LLTC: 20.2 )
LLTC' s 10-Year Shiller P/E Range
Min: 13.03   Max: 56.03
Current: 20.2
13.03
56.03

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.70
LLTC's Dividend Yield is ranked higher than
82% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 2.70 )
LLTC' s 10-Year Dividend Yield Range
Min: 0.13   Max: 4.29
Current: 2.7
0.13
4.29
Dividend Payout 0.5861
LLTC's Dividend Payout is ranked lower than
53% of the 313 Companies
in the Global Semiconductors industry.

( Industry Median: 0.50 vs. LLTC: 0.5861 )
LLTC' s 10-Year Dividend Payout Range
Min: 0.1   Max: 0.61
Current: 0.59
0.1
0.61
Dividend growth (3y) 3.3
LLTC's Dividend growth (3y) is ranked higher than
97% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 3.3 )
LLTC' s 10-Year Dividend growth (3y) Range
Min: 3.3   Max: 24.2
Current: 3.3
3.3
24.2
Yield on cost (5-Year) 3.55
LLTC's Yield on cost (5-Year) is ranked higher than
85% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 3.55 )
LLTC' s 10-Year Yield on cost (5-Year) Range
Min: 0.17   Max: 5.63
Current: 3.55
0.17
5.63
Share Buyback Rate -1.3
LLTC's Share Buyback Rate is ranked lower than
54% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: -1.3 )
LLTC' s 10-Year Share Buyback Rate Range
Min: 8.2   Max: -1.3
Current: -1.3

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 98.1
LLTC's Price/Net Cash is ranked lower than
73% of the 320 Companies
in the Global Semiconductors industry.

( Industry Median: 7.00 vs. LLTC: 98.1 )
LLTC' s 10-Year Price/Net Cash Range
Min: 6.8   Max: 82.4
Current: 98.1
6.8
82.4
Price/Net Current Asset Value 56.5
LLTC's Price/Net Current Asset Value is ranked lower than
68% of the 824 Companies
in the Global Semiconductors industry.

( Industry Median: 10.50 vs. LLTC: 56.5 )
LLTC' s 10-Year Price/Net Current Asset Value Range
Min: 40.3   Max: 319.7
Current: 56.5
40.3
319.7
Price/Tangible Book 12.1
LLTC's Price/Tangible Book is ranked lower than
75% of the 865 Companies
in the Global Semiconductors industry.

( Industry Median: 1.60 vs. LLTC: 12.1 )
LLTC' s 10-Year Price/Tangible Book Range
Min: 5   Max: 163.6
Current: 12.1
5
163.6
Price/DCF (Projected) 1.6
LLTC's Price/DCF (Projected) is ranked higher than
67% of the 300 Companies
in the Global Semiconductors industry.

( Industry Median: 1.30 vs. LLTC: 1.6 )
LLTC' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 2.5
Current: 1.6
0.9
2.5
Price/Median PS Value 0.7
LLTC's Price/Median PS Value is ranked higher than
85% of the 861 Companies
in the Global Semiconductors industry.

( Industry Median: 1.00 vs. LLTC: 0.7 )
LLTC' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 3.1
Current: 0.7
0.5
3.1
Price/Peter Lynch Fair Value 3.8
LLTC's Price/Peter Lynch Fair Value is ranked higher than
59% of the 103 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. LLTC: 3.8 )
LLTC' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.3   Max: 2.3
Current: 3.8
1.3
2.3
Price/Graham Number 3.4
LLTC's Price/Graham Number is ranked lower than
71% of the 508 Companies
in the Global Semiconductors industry.

( Industry Median: 1.30 vs. LLTC: 3.4 )
LLTC' s 10-Year Price/Graham Number Range
Min: 2.3   Max: 11.2
Current: 3.4
2.3
11.2
Earnings Yield (Greenblatt) 7.10
LLTC's Earnings Yield (Greenblatt) is ranked higher than
80% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 2.40 vs. LLTC: 7.10 )
LLTC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.7   Max: 12.8
Current: 7.1
1.7
12.8
Forward Rate of Return (Yacktman) 10.46
LLTC's Forward Rate of Return (Yacktman) is ranked higher than
94% of the 1003 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. LLTC: 10.46 )
LLTC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.2   Max: 27.9
Current: 10.46
-2.2
27.9

Business Description

Linear Technology Corporation is a Delaware corporation. It was originally organized and incorporated in California in 1981. The Company designs, manufactures and markets a broad line of standard high performance linear integrated circuits. The Company's products include high performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, RF signal conditioning circuits, µModuleTM products, and many other analog functions. Applications for Linear Technology's high performance circuits include telecommunications, cellular telephones, networking products such as optical switches; tablet, notebook and desktop computers; computer peripherals, video/multimedia, industrial instrumentation, security monitoring devices, high-end consumer products such as digital cameras and global positioning systems, complex medical devices, automotive electronics, factory automation, process control, military, space and other harsh environment systems. The Company's principal product categories are as follows: Amplifiers; High Speed Amplifiers; Voltage Regulators; Voltage References; Interface; Data Converters; Radio Frequency Circuits; Power Over Ethernet Controllers; DC/DC µModule Power Systems; and Signal Chain Modules. The Company markets its products worldwide primarily through a direct sales staff and through electronics distributors to a broad range of customers in diverse industries. The Company's wafer fabrication facilities are located in Camas, Washington and Milpitas, California. Each facility was built to Company specifications to support a number of sophisticated process technologies and to satisfy rigorous quality assurance and reliability requirements of United States military specifications and major worldwide OEM customers. The Company's basic process technologies include high-speed bipolar, high gain low noise bipolar, radio frequency bipolar, silicon gate complementary metal-oxide semiconductor and BiCMOS. The Company's major competitors include Analog Devices, National Semiconductor, Intersil, Maxim Integrated Products and Texas Instruments. Federal, state and local regulations impose various environmental controls on the storage, use, discharge and disposal of certain chemicals and gases used in semiconductor processing.
Company Website
SEC Reports
Industry: Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI
Traded in other countries:LTC.Germany
» More Articles for LLTC

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