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SemiLEDsLEDS +4.23%56 Capex-to-Operating-Cash-Flow is 0.04 as of May. 2026, which is 85% below its 10-year median of 0.27. GuruFocus rates LEDS with a GF Score™ of 56/100 and a GF Value™ of $3.92 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 638 Semiconductors companies, SemiLEDs ranks better than 97.02% on this metric.
Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.
Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.
Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.
SemiLEDs Capex-to-Operating-Cash-Flow Related Terms
SemiLEDs Capex-to-Operating-Cash-Flow Historical Data
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The historical data trend for SemiLEDs's Capex-to-Operating-Cash-Flow can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LEDS vs PRKR, PRSO, MOBX: Capex-to-Operating-Cash-Flow Comparison
For the Semiconductors subindustry, SemiLEDs's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SemiLEDs Capex-to-Operating-Cash-Flow vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SemiLEDs's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where SemiLEDs's Capex-to-Operating-Cash-Flow falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Capex-to-Operating-Cash-Flow of 0.04 mean?
SemiLEDs (LEDS) has a Capex-to-Operating-Cash-Flow of 0.04 as of May. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on SemiLEDs and its competitors. This is 85% below median its historical median of 0.27. Over the past decade, SemiLEDs' Capex-to-Operating-Cash-Flow has ranged from 0.04 to 0.27. According to the industry distribution chart, SemiLEDs ranks #19 out of 638 companies in the Semiconductors industry, placing it in the top 3%.
Is SemiLEDs' Capex-to-Operating-Cash-Flow too high?
SemiLEDs' current Capex-to-Operating-Cash-Flow of 0.04 is 85% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.27. The Semiconductors industry median Capex-to-Operating-Cash-Flow is 0.49. SemiLEDs' value of 0.04 is 91.8% below this industry median. Based on the distribution chart, SemiLEDs ranks #19 out of 638 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SemiLEDs has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Capex-to-Operating-Cash-Flow compare to PRKR and PRSO?
According to the Semiconductors industry distribution chart, SemiLEDs ranks #19 out of 638 companies for Capex-to-Operating-Cash-Flow. This places SemiLEDs in the top 3% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Cash-Flow is 0.49. SemiLEDs' value of 0.04 is 91.8% below this benchmark. Historically, SemiLEDs' own Capex-to-Operating-Cash-Flow has ranged from 0.04 to 0.27 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.49, SemiLEDs has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a Semiconductors company?
The median Capex-to-Operating-Cash-Flow among Semiconductors companies is 0.49, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SemiLEDs's current Capex-to-Operating-Cash-Flow of 0.04 is 91.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on SemiLEDs and its competitors. For the Semiconductors industry, the median Capex-to-Operating-Cash-Flow is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SemiLEDs's current Capex-to-Operating-Cash-Flow is 0.04, which is 85% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (LEDS) is currently considered Possible Value Trap. The stock's GF Value™ is $3.92, compared to a current price of $2.23 — trading 43.1% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.04, which is 85% below median its 10-year median of 0.27 and 91.8% below the Semiconductors industry median of 0.49. SemiLEDs' overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For SemiLEDs (LEDS), the current Capex-to-Operating-Cash-Flow is 0.04 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SemiLEDs (LEDS) Overvalued in 2026?
Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued.
The current stock price of $2.23 is trading 43.1% below its estimated GF Value™ of $3.92.
GuruFocus considers SemiLEDs to be Possible Value Trap.
Key valuation signals for LEDS:
Capex-to-Operating-Cash-Flow: 0.04 (85% below median its 10-year median of 0.27)
GF Value™: $3.92 vs. price of $2.23 (43.1% below fair value)
Industry Position: 91.8% below the Semiconductors median (#19 of 638)
No single metric tells the full story. See the LEDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
56GF Score
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Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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