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57.01 (1y: -3%)
Market Cap 2.43 B P/E(ttm) 28.00
Enterprise Value 2.04 B P/B 3.90
MLNX- NAS (USA)
Mellanox Technologies, Ltd.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$57.01
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GuruFocus Financial Strength Rank measures how strong a companyÂ’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 : 9/10

vs
industry		 vs
history
Cash to Debt 102.653
MLNX's Cash to Debt is ranked higher than
55% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. MLNX: 102.653 )
MLNX' s 10-Year Cash to Debt Range
Min: 21.41   Max: No Debt
Current: 102.65
Equity to Asset 0.621
MLNX's Equity to Asset is ranked higher than
52% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.59 vs. MLNX: 0.621 )
MLNX' s 10-Year Equity to Asset Range
Min: -3.05   Max: 0.89
Current: 0.62
-3.05
0.89
F-Score: 7
Z-Score: 13.36
M-Score: -3.22
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’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 : 7/10

vs
industry		 vs
history
Operating margin (%) 23.60
MLNX's Operating margin (%) is ranked higher than
97% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.60 vs. MLNX: 23.60 )
MLNX' s 10-Year Operating margin (%) Range
Min: -1275.6   Max: 23.6
Current: 23.6
-1275.6
23.6
Net-margin (%) 22.2
MLNX's Net-margin (%) is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. MLNX: 22.2 )
MLNX' s 10-Year Net-margin (%) Range
Min: -1232.6   Max: 42.3
Current: 22.2
-1232.6
42.3
ROE (%) 17.7
MLNX's ROE (%) is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.00 vs. MLNX: 17.7 )
MLNX' s 10-Year ROE (%) Range
Min: 2.3   Max: 20.1
Current: 17.7
2.3
20.1
ROA (%) 14.4
MLNX's ROA (%) is ranked higher than
99% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. MLNX: 14.4 )
MLNX' s 10-Year ROA (%) Range
Min: -51.9   Max: 17.6
Current: 14.4
-51.9
17.6
ROC (Joel Greenblatt) (%) 156.20
MLNX's ROC (Joel Greenblatt) (%) is ranked higher than
100% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. MLNX: 156.20 )
MLNX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -303.8   Max: 156.2
Current: 156.2
-303.8
156.2
Revenue Growth (%) 34.7
MLNX's Revenue Growth (%) is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. MLNX: 34.7 )
MLNX' s 10-Year Revenue Growth (%) Range
Min: -8.8   Max: 82
Current: 34.7
-8.8
82
EBITDA Growth (%) 47.7
MLNX's EBITDA Growth (%) is ranked higher than
88% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.00 vs. MLNX: 47.7 )
MLNX' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 47.7
Current: 47.7
0
47.7
EPS Growth (%) 59.8
MLNX's EPS Growth (%) is ranked higher than
83% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.90 vs. MLNX: 59.8 )
MLNX' s 10-Year EPS Growth (%) Range
Min: 0   Max: 89.9
Current: 59.8
0
89.9
» MLNX's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

MLNX Guru Trades in Q2 2012

Jim Simons 43,786 sh (+696.11%)
Steven Cohen 52,052 sh (+45.4%)
RS Investment Management 204,610 sh (+21.32%)
Ron Baron 117,014 sh (-23.98%)
» More
Q3 2012

MLNX Guru Trades in Q3 2012

Chase Coleman 700,000 sh (New)
Jim Simons 396,483 sh (+805.5%)
Steven Cohen 92,191 sh (+77.11%)
Ron Baron 65,965 sh (-43.63%)
RS Investment Management 70,560 sh (-65.51%)
» More
Q4 2012

MLNX Guru Trades in Q4 2012

Chase Coleman 700,000 sh (unchged)
Ron Baron 31,945 sh (-51.57%)
Steven Cohen 40,116 sh (-56.49%)
Jim Simons 142,283 sh (-64.11%)
RS Investment Management 16,600 sh (-76.47%)
» More
Q1 2013

MLNX Guru Trades in Q1 2013

Chuck Royce 169,000 sh (New)
RS Investment Management 48,600 sh (+192.77%)
Jim Simons 205,583 sh (+44.49%)
Chase Coleman Sold Out
Ron Baron Sold Out
Steven Cohen 4,100 sh (-89.78%)
» More
» Details

Insider Trades

Latest Guru Trades with MLNX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ron Baron 2013-03-31 Sold Out 0.01%$47.761 - $65.55 $ 57.899%0
Ron Baron 2012-12-31 Reduce -51.57%0.02%$58.22 - $107.76 $ 57.89-28%31945
Ron Baron 2012-09-30 Reduce -43.63%0.02%$62.24 - $119.93 $ 57.89-41%65965
Ron Baron 2012-06-30 Reduce -23.98%0.01%$40.98 - $72.98 $ 57.891%117014
Ron Baron 2011-09-30 Add 47.17%0.01%$26.48 - $35.6 $ 57.8987%156000
Ron Baron 2011-06-30 New Buy0.02%$24.605 - $32.5 $ 57.89100%106000
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Mellanox Technologies, Ltd.

Baron Funds Comments on Mellanox Technologies - Aug 23, 2012

From Baron Funds' second quarter letter:

Mellanox Technologies Ltd. (MLNX), the leading supplier of end-to-end connectivity solutions for servers and storage in modern data centers, rose 69.3% during the second quarter (and is up about 30% more after its stellar second quarter report). Over the last few quarters, Mellanox has experienced an inflection point in the company's growth rate and adoption of its InfiniBand connectivity products. Indeed, the company grew revenues 61% in the first quarter, 111% in the second quarter, and the mid-point of its third quarter guidance calls for 124% growth. We believe this inflection point resulted from connectivity emerging as a key bottleneck for modern cloud-based IT infrastructure and a lack of competition in high-speed connectivity solutions. (Gilad Shany)
Check out Ron Baron latest stock trades

Top Ranked Articles about Mellanox Technologies, Ltd.

Weekly Guru Bargains Highlights: HMSY, MLNX, AAPL, MMP, LQDT
February 12, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Read more...
Baron Funds Comments on Mellanox Technologies
August 23, 2012
From Baron Funds' second quarter letter: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 28.20
MLNX's P/E(ttm) is ranked higher than
73% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 18.76 vs. MLNX: 28.20 )
MLNX' s 10-Year P/E(ttm) Range
Min: 5.94   Max: 679.09
Current: 28.2
5.94
679.09
P/B 3.90
MLNX's P/B is ranked lower than
86% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.28 vs. MLNX: 3.90 )
MLNX' s 10-Year P/B Range
Min: 1.05   Max: 9.59
Current: 3.9
1.05
9.59
P/S 5.10
MLNX's P/S is ranked lower than
91% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. MLNX: 5.10 )
MLNX' s 10-Year P/S Range
Min: 1.96   Max: 13.18
Current: 5.1
1.96
13.18
PFCF 24.10
MLNX's PFCF is ranked higher than
61% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 15.69 vs. MLNX: 24.10 )
MLNX' s 10-Year PFCF Range
Min: 9.34   Max: 54.73
Current: 24.1
9.34
54.73
EV-to-EBIT 20.8
MLNX's EV-to-EBIT is ranked higher than
66% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.70 vs. MLNX: 20.8 )
MLNX' s 10-Year EV-to-EBIT Range
Min: 2.1   Max: 124.1
Current: 20.8
2.1
124.1
PEG 0.8
MLNX's PEG is ranked lower than
59% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.93 vs. MLNX: 0.8 )
MLNX' s 10-Year PEG Range
Min: 0.69   Max: 346.08
Current: 0.8
0.69
346.08
Shiller P/E 64.9
MLNX's Shiller P/E is ranked higher than
90% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.80 vs. MLNX: 64.9 )
MLNX' s 10-Year Shiller P/E Range
Min: 44.24   Max: 181.57
Current: 64.9
44.24
181.57

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 9
MLNX's Price/Net Cash is ranked higher than
96% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.30 vs. MLNX: 9 )
MLNX' s 10-Year Price/Net Cash Range
Min: 1.7   Max: 9.4
Current: 9
1.7
9.4
Price/Net Current Asset Value 34.5
MLNX's Price/Net Current Asset Value is ranked higher than
99% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 6.80 vs. MLNX: 34.5 )
MLNX' s 10-Year Price/Net Current Asset Value Range
Min: 10.1   Max: 36.2
Current: 34.5
10.1
36.2
Price/Tangible Book 5.2
MLNX's Price/Tangible Book is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. MLNX: 5.2 )
MLNX' s 10-Year Price/Tangible Book Range
Min: 1.2   Max: 5.4
Current: 5.2
1.2
5.4
Price/DCF (Projected) 2.1
MLNX's Price/DCF (Projected) is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. MLNX: 2.1 )
MLNX' s 10-Year Price/DCF (Projected) Range
Min: 1.9   Max: 2.3
Current: 2.1
1.9
2.3
Price/Median PS Value 1
MLNX's Price/Median PS Value is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.80 vs. MLNX: 1 )
MLNX' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.3
Current: 1
0.5
1.3
Price/Peter Lynch Fair Value 1.1
MLNX'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. MLNX: 1.1 )
MLNX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.9   Max: 13.4
Current: 1.1
0.9
13.4
Price/Graham Number 2.3
MLNX's Price/Graham Number is ranked higher than
97% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. MLNX: 2.3 )
MLNX' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 5
Current: 2.3
0.8
5
Earnings Yield (Greenblatt) 4.80
MLNX's Earnings Yield (Greenblatt) is ranked higher than
76% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.60 vs. MLNX: 4.80 )
MLNX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.8   Max: 46.8
Current: 4.8
0.8
46.8
Forward Rate of Return (Yacktman) 36.15
MLNX's Forward Rate of Return (Yacktman) is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.30 vs. MLNX: 36.15 )
MLNX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.8   Max: 36.7
Current: 36.15
0.8
36.7

Business Description

Mellanox Technologies, Ltd was incorporated under the laws of Israel in March 1999. It is a supplier of semiconductor-based, high-performance connectivity products that facilitate efficient data transmission between servers, communications infrastructure equipment and storage systems. The Company's products are an integral part of a total solution focused on computing, storage and communication applications used in enterprise data center, high-performance computing and embedded systems. It is one of the pioneers of InfiniBand; an industry standard architecture that provides specifications for high-performance interconnects. In addition to supporting InfiniBand, its products also support the industry standard Ethernet interconnect specification, which provide unique product differentiation and connectivity flexibility. It is a fabless semiconductor company that provides high-performance interconnecting products based on semiconductor integrated circuits. It designs, develops and markets adapter and switch ICs, all of which are silicon devices that provide high performance connectivity. The Company also offers adapter cards that incorporate its adapter ICs and switch and gateway systems that incorporate its switch and gateway ICs. These ICs are added to servers, storage and communication infrastructure equipment and embedded systems by either integrating them directly on circuit boards or inserting adapter cards into slots on the circuit board. It introduced Virtual Protocol Interconnect, or VPI, into its adapter ICs and cards. VPI provides the ability for an adapter to automatically sense whether a communications port is connected to an Ethernet fabric or an InfiniBand fabric. The Company provides comprehensive solutions based on InfiniBand, including HCA, switch and gateway ICs, adapter cards, switch and gateway systems and software. It provides complete solutions which are based on and meet the specifications of the InfiniBand standard in addition to products that also support the Ethernet standard. Its InfiniBand products include adapter ICs and cards (InfiniHost product family) and switch ICs (InfiniScale product family) and systems, gateway ICs (BridgeX product family) and gateway systems. EDC, HPC and embedded end-user markets for systems utilizing its products are mainly served by server, storage and communications infrastructure OEMs. The Company has registered 'Mellanox,' 'BridgeX,' 'ConnectX,' 'InfiniBridge,' 'InfiniHost,' 'InfiniPCI,' 'InfiniRISC' and 'InfiniScale' as trademarks in the United States.
Company Website
Industry: Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI
Traded in other countries:ZZE.Germany

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