ON Semiconductor (NASDAQ:ON) and NeoMagic (OTCMKTS:NMGC) Head-to-Head Review
ON Semiconductor (NASDAQ: ON – Get a rating) and NeoMagic (OTCMKTS: NMGC – Get a rating) are both IT and technology companies, but which is the superior business? We’ll compare the two companies based on institutional ownership strength, profitability, analyst recommendations, earnings, risk, valuation and dividends.
This table compares the net margins, return on equity, and return on assets of ON Semiconductor and NeoMagic.
|Net margins||Return on equity||return on assets|
|NeoMagic||N / A||N / A||N / A|
Risk and Volatility
ON Semiconductor has a beta of 1.71, which means its stock price is 71% more volatile than the S&P 500. In comparison, NeoMagic has a beta of -0.81, which means its stock price is 181% less volatile than the S&P 500.
This is a summary of current recommendations and price targets for ON Semiconductor and NeoMagic, as reported by MarketBeat.com.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|NeoMagic||0||0||0||0||N / A|
ON Semiconductor currently has a consensus target price of $67.31, suggesting a potential upside of 29.17%. Given ON Semiconductor’s likely higher upside, analysts clearly believe ON Semiconductor is more favorable than NeoMagic.
Institutional and insider ownership
93.1% of ON Semiconductor’s shares are held by institutional investors. 1.4% of ON Semiconductor’s stock is held by company insiders. By comparison, 12.7% of NeoMagic’s stock is held by company insiders. Strong institutional ownership indicates that large fund managers, endowments, and hedge funds believe a stock is poised for long-term growth.
Benefits and evaluation
This chart compares the gross revenue, earnings per share, and valuation of ON Semiconductor and NeoMagic.
|Gross revenue||Price/sales ratio||Net revenue||Earnings per share||Price/earnings ratio|
|ON Semiconductor||$6.74 billion||3.36||$1.01 billion||$2.28||22.86|
|NeoMagic||N / A||N / A||N / A||N / A||N / A|
ON Semiconductor has higher revenue and profit than NeoMagic.
ON Semiconductor beats NeoMagic on 9 out of 10 factors compared between the two stocks.
ON Semiconductor Company Profile (Get a rating)
onsemi is committed to disruptive innovation and also a supplier of power and analog semiconductors. The company offers vehicle electrification and safety, sustainable energy networks, industrial automation, and 5G and cloud infrastructure, with a focus on the automotive and industrial end markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group and Intelligent Sensing Group. The Power Solutions Group segment offers discrete products, modules and semiconductors that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, amplification signal and voltage reference functions. The Advanced Solutions Group segment is involved in the design and development of analog, mixed-signal, advanced logic, ASSP and ASIC, Wi-Fi and power solutions for a broad base of end users in automotive, consumer , computer, industrial, communications, medical and aerospace/defense markets. The Intelligent Sensing Group segment focuses on the design and development of CMOS and CCD image sensors, as well as proximity sensors, image signal processors, single photon detectors, including
NeoMagic Company Profile (Get a rating)
NeoMagic Corporation designs and provides semiconductors and software solutions for video, television, imaging, graphics and audio devices. It offers microcontrollers; horizon digital photo frame and mobile digital television solutions; and SOC processors, such as application processors and Neomobile TV solutions. The Company, through its MercadoMagico.com division, operates an e-commerce platform that allows users to buy and sell products from each other or purchase premium electronic products. It sells its application processors under the MiMagic brand. The company was founded in 1993 and is based in Milpitas, California.
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