企業概要
Silvaco Group, Inc. (SVCO) operates within the Technology sector, specifically serving the Software - Application industry by delivering specialized technology computer aided design (TCAD), electronic design automation (EDA), and semiconductor intellectual property (SIP) solutions globally. These software tools are critical for the semiconductor industry, enabling engineers to model and optimize complex chip designs before physical manufacturing begins. The company currently maintains a market capitalization of $231.09 million and employs a workforce of 406 individuals to support its international operations. With annual revenue reported at $63.06 million, the firm holds a mid-cap position that reflects a niche focus on high-value technical applications rather than broad consumer markets.
財務健全性
The company generated revenue of $63.06 million over the trailing twelve months, yet reported a net income of -$41,206,000, indicating a significant gap where operating expenses substantially exceeded gross profits. This disparity is further highlighted by an EBITDA of -$24,686,000, suggesting that core business operations are currently burning cash despite strong top-line performance. Free cash flow stands at -$11,733,875, which implies limited financial flexibility as the company must utilize existing cash reserves or access credit lines to fund ongoing operations. The gross margin is robust at 78.3%, reflecting high value in software licensing, but the operating margin is negative at -37.8% and the profit margin is even more compressed at -65.3%. This structure indicates that while the product itself is highly profitable, significant overhead costs related to research, development, or general administration are eroding overall profitability. On the balance sheet, the company holds $10.03 million in cash against $6.29 million in debt, resulting in a debt-to-equity ratio of 8.38 which suggests a leveraged capital structure relative to equity. The current ratio of 1.20 indicates that the company possesses sufficient short-term assets to cover its liabilities, providing a baseline for liquidity safety. Return on Equity is -47.1% and Return on Assets is -13.3%, metrics that reveal that management has not yet generated returns on the capital deployed during this specific reporting period.
バリュエーション評価
The stock lacks a trailing P/E ratio due to negative earnings, while the forward P/E is calculated at 33.66, implying that the market is pricing in a significant turnaround or future earnings recovery. The price-to-book ratio stands at 3.03, indicating that the market values the company at a substantial premium over its net asset book value, likely due to the intangible value of its software portfolio and intellectual property. Alternative valuation metrics such as the price-to-sales ratio of 3.66 and the EV/EBITDA of -9.21 provide context for investors, showing that the firm is valued relative to revenue generation rather than current profitability. The 52-week trading range spans from a low of $3.07 to a high of $7.65, and the current market price sits below the 52-week high, reflecting recent volatility or a pullback from peak levels. Beta data is not available in the provided facts, so specific volatility relative to the broader market cannot be quantified with the currently accessible information.
Growth & Income
Revenue growth for the year-over-year period is recorded at 2.2%, while earnings growth is listed as N/A due to the company's current unprofitability. The absence of positive earnings growth highlights that top-line expansion is not yet translating into bottom-line gains, a common phase for companies in heavy investment stages. As a non-dividend payer, Silvaco Group reports a dividend yield of N/A and a payout ratio of 0.0%, confirming that the company retains all earnings to fund operations, R&D, and strategic growth initiatives rather than distributing income to shareholders. The overall growth and income profile presents a scenario of modest revenue expansion paired with a complete reliance on capital markets or internal cash for survival, with no current income stream for investors seeking yield.