CML, Electrocomponents & Nanoco: 3 semiconductor stocks you can buy now

September 22, 2021 02:13 PM BST | By Nidhi Gupta
 CML, Electrocomponents & Nanoco: 3 semiconductor stocks you can buy now
Image source: Phongphan, Shutterstock.com

Highlights 

  • CML Microsystems’ board declared a special dividend of 50 pence per ordinary 5p share for FY 2021.
  • Electrocomponents’ revenue for Q1 ended 30 June 2021 grew by 37 per cent year-on-year.
  • Nanoco recorded revenue of £1.0 million for the half-year ended 31 January 2021 compared to £2.9 million for the same period in the previous year.

Semiconductors constitute a fundamental component of most tech today. Even though there were disruption due to the pandemic in the global supply chain, the semiconductor industry continued to thrive, driven by the increased demand for smartphones, PCs, and infrastructure hardware needed for hyperscale data centres.

According to IDC, the global semiconductor market is estimated to grow by 17.3 per cent in 2021 compared to 10.8 per cent in the previous year. Semiconductor stocks are emerging as a popular choice for investors due to the robust growth in the industry to address the rising demands.

CML Microsystems, Electrocomponents & Nanoco: One year return & Market cap

(Data source: Refinitiv)

Let us review in detail 3 semiconductor stocks and explore the investment prospect in them.

CML Microsystems Plc (LON:CML)

CML Microsystems is a designer, developer, manufacturer, and marketer of microwave, mixed-signal, and RF semiconductors for the communications sector. The shares of the company traded flat at GBX 405.00 at 8:03 AM on 22 September 2021. Its market capitalisation is £67.22 million. The shares of CML Microsystems returned 85.04 per cent in the last one year to shareholders.

CML Microsystems’ revenue was £12.47 million in FY 2021 compared to £14.96 million in FY 2020. It recorded an adjusted EBITDA of £2.73 million in FY 2021 compared to £4.48 million in the previous year.

For FY 2021, CML Microsystems’ board declared a special dividend of 50 pence per ordinary 5p share.

Electrocomponents Plc (LON: ECM)

Electrocomponents is a provider of solutions for builders, maintainers, and designers of industrial operations. Through its trading brand - RS Components, the company provides semiconductors, consumables and tools. The shares of the company traded at GBX 1,109.00, up by 0.82 per cent at 8:02 AM on 22 September 2021. Its market capitalisation is £5,174.99 million. The shares of Electrocomponents returned 56.71 per cent in the last one year to shareholders.

FTSE 250 listed Electrocomponents’ revenue for Q1 ended 30 June 2021 grew by 37 per cent year-on-year. For the year ended 31 March 2021, its revenue increased to £2,002.7 million compared to £1,953.8 million in the previous year.

For the year ended 31 March 2021, Electrocomponents’ board announced a dividend of 15.9 pence per share to shareholders.

Nanoco Group Plc (LON:NANO)

Nanoco Group is a company engaged in the research, development, and manufacturing of semiconductor nanoparticles and heavy-metal free quantum dots for use in lighting, display, bio-imaging and solar energy.

The shares of the company traded flat at GBX 19.83 at 8:01 AM on 22 September 2021. Its market capitalisation is £60.60 million. The shares of Nanoco Group returned 47.95 per cent in the last one year to shareholders.

For the half-year ended 31 January 2021, Nanoco recorded revenue of £1.0 million compared to £2.9 million for the same period in the previous year. 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next