MX · MAGNACHIP SEMICONDUCTOR Corp
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs, liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, level shifter, and other consumer electronics, as well as for power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, and Europe. The company sells its products through a direct sales force and a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2003 and is based in Cheongju-si, South Korea.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $3.87 |
| SO | 36.5M |
| Options | 0.4M |
| Warrants | 0.0M |
| FD SO | 36.9M |
| MC | $142.7M |
| Cash | $87.9M |
| Total debt | $41.7M |
| EV | $96.4M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.5x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 43.2% |
| Insiders | 15.0% |
| # Institutions | 89 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | 3.7% |
| Days to cover | 3.53 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-07-31. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-09-28 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-09-15; the float denominator can be unreliable on tiny floats.
Financial statements
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Total Revenue | 44.70 | 46.21 | 40.57 | 45.95 |
| Revenue YoY % | (6.1%) | 3.3% | (20.7%) | (17.1%) |
| Cost of Revenue | 36.06 | 39.01 | 36.79 | 37.41 |
| Gross Profit | 8.65 | 7.19 | 3.78 | 8.54 |
| Gross Profit YoY % | (11.0%) | (23.2%) | (65.9%) | (25.8%) |
| Gross Margin % | 19.3% | 15.6% | 9.3% | 18.6% |
| SG&A | 8.75 | 7.67 | 8.62 | 8.31 |
| R&D | 7.90 | 6.70 | 7.60 | 7.77 |
| Operating Expense | 18.62 | 14.36 | 16.22 | 20.08 |
| Operating Income | (9.98) | (7.17) | (12.45) | (11.54) |
| Operating Income YoY % | (51.2%) | (35.8%) | (82.3%) | (157.1%) |
| Operating Margin % | (22.3%) | (15.5%) | (30.7%) | (25.1%) |
| EBITDA | (9.97) | (7.17) | (9.42) | (1.61) |
| EBITDA Margin % | (22.3%) | (15.5%) | (23.2%) | (3.5%) |
| Other Income / (Expense) | 7.99 | 5.26 | (4.81) | (14.27) |
| Pretax Income | (1.99) | (1.91) | (17.26) | (25.81) |
| Tax Provision | (1.99) | (1.91) | (9.18) | (4.17) |
| Net Income | (0.00) | (0.00) | (8.08) | (21.64) |
| Net Income to Common | (4.82) | (4.65) | (8.08) | (13.09) |
| Net Margin % | (0.0%) | (0.0%) | (19.9%) | (47.1%) |
| Diluted EPS | -$0.13 | -$0.13 | -$0.22 | -$0.36 |
| Basic EPS | -$0.13 | -$0.13 | -$0.22 | -$0.36 |
| Diluted Avg Shares | 36.5 | 36.4 | — | 35.9 |
| Basic Avg Shares | 36.5 | 36.4 | — | 35.9 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 177.43 | 178.86 | 196.43 | 230.05 | 337.66 |
| Revenue YoY % | (0.8%) | (8.9%) | (14.6%) | (31.9%) | — |
| Cost of Revenue | 149.27 | 147.47 | 157.70 | 178.41 | 236.39 |
| Gross Profit | 28.16 | 31.39 | 38.73 | 51.64 | 101.26 |
| Gross Profit YoY % | (10.3%) | (18.9%) | (25.0%) | (49.0%) | — |
| Gross Margin % | 15.9% | 17.6% | 19.7% | 22.4% | 30.0% |
| SG&A | 33.35 | 35.12 | 38.10 | 48.47 | 50.87 |
| R&D | 29.97 | 27.30 | 25.01 | 51.56 | 52.34 |
| Operating Expense | 69.29 | 67.25 | 64.70 | 109.28 | 106.51 |
| Operating Income | (41.13) | (35.86) | (25.97) | (57.64) | (5.24) |
| Operating Income YoY % | (14.7%) | (38.1%) | 54.9% | (999.2%) | — |
| Operating Margin % | (23.2%) | (20.0%) | (13.2%) | (25.1%) | (1.6%) |
| EBITDA | (28.17) | (22.90) | (9.81) | (40.96) | 9.76 |
| EBITDA Margin % | (15.9%) | (12.8%) | (5.0%) | (17.8%) | 2.9% |
| Other Income / (Expense) | (5.84) | (11.75) | (36.53) | 10.09 | 2.37 |
| Pretax Income | (46.97) | (47.61) | (62.51) | (47.56) | (2.88) |
| Tax Provision | (17.24) | (17.89) | (8.20) | (10.94) | 5.16 |
| Net Income | (29.72) | (29.72) | (54.31) | (36.62) | (8.04) |
| Net Income to Common | (30.63) | (29.72) | (54.31) | (36.62) | (8.04) |
| Net Margin % | (16.8%) | (16.6%) | (27.6%) | (15.9%) | (2.4%) |
| Diluted EPS | -$0.84 | -$0.82 | -$1.44 | -$0.89 | -$0.18 |
| Basic EPS | -$0.84 | -$0.82 | -$1.44 | -$0.89 | -$0.18 |
| Diluted Avg Shares | 36.5 | 36.2 | 37.8 | 41.0 | 44.9 |
| Basic Avg Shares | 36.5 | 36.2 | 37.8 | 41.0 | 44.9 |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 87.94 | 94.55 | 103.76 | 108.00 |
| Receivables | 23.79 | 24.18 | 26.02 | 31.43 |
| Inventory | 34.14 | 32.85 | 34.15 | 37.38 |
| Other Current Assets | 18.61 | 18.45 | 12.93 | 20.55 |
| Total Current Assets | 164.47 | 170.02 | 176.85 | 197.36 |
| Net PPE | 92.24 | 95.07 | 100.20 | 94.92 |
| Operating Lease ROU | 1.42 | 1.80 | 2.07 | 2.42 |
| Intangible Assets | 0.40 | 0.40 | 0.45 | 0.50 |
| Other Assets | 66.32 | 68.17 | 71.95 | 64.40 |
| Total Assets | 324.85 | 335.46 | 351.53 | 359.61 |
| Current Debt | 25.95 | 26.43 | 0.00 | — |
| Current Lease Liabilities | 1.14 | 1.34 | 1.43 | 1.43 |
| Other Current Liabilities | 40.59 | 43.94 | 41.98 | 44.25 |
| Total Current Liabilities | 67.69 | 71.72 | 43.41 | 45.68 |
| Long-term Debt | 15.57 | 15.86 | 44.60 | 38.94 |
| Long-term Lease Liabilities | 0.32 | 0.51 | 0.69 | 1.02 |
| Other Liabilities | 14.74 | 14.58 | 14.58 | 18.62 |
| Total Liabilities | 98.32 | 102.66 | 103.28 | 104.26 |
| Retained Earnings | 205.39 | 210.21 | 214.85 | 222.93 |
| Total Equity | 226.53 | 232.80 | 248.25 | 255.35 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 87.94 | 103.76 | 138.61 | 158.09 | 225.48 |
| Short-term Investments | — | — | — | 0.00 | — |
| Receivables | 23.79 | 26.02 | 28.40 | 32.64 | 35.38 |
| Inventory | 34.14 | 34.15 | 30.54 | 32.73 | 39.88 |
| Other Current Assets | 18.61 | 12.93 | 21.68 | 21.97 | 37.11 |
| Total Current Assets | 164.47 | 176.85 | 219.23 | 245.43 | 337.85 |
| Net PPE | 92.24 | 100.20 | 81.46 | 100.12 | 110.75 |
| Operating Lease ROU | 1.42 | 2.07 | 3.11 | 4.64 | 5.26 |
| Intangible Assets | 0.40 | 0.45 | 0.51 | 1.54 | 1.93 |
| Other Assets | 66.32 | 71.95 | 75.01 | 68.76 | 60.85 |
| Total Assets | 324.85 | 351.53 | 379.32 | 420.49 | 516.64 |
| Current Debt | 25.95 | 0.00 | — | — | — |
| Current Lease Liabilities | 1.14 | 1.43 | 1.39 | 1.91 | 1.40 |
| Other Current Liabilities | 40.59 | 41.98 | 44.88 | 44.97 | 45.85 |
| Total Current Liabilities | 67.69 | 43.41 | 46.27 | 46.89 | 47.24 |
| Long-term Debt | 15.57 | 44.60 | 27.21 | 0.00 | — |
| Long-term Lease Liabilities | 0.32 | 0.69 | 1.82 | 2.90 | 4.09 |
| Other Liabilities | 14.74 | 14.58 | 27.22 | 26.11 | 37.16 |
| Total Liabilities | 98.32 | 103.28 | 102.52 | 75.89 | 88.49 |
| Retained Earnings | 205.39 | 214.85 | 244.58 | 298.88 | 335.51 |
| Total Equity | 226.53 | 248.25 | 276.80 | 344.60 | 428.15 |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Net Income | (0.00) | (0.00) | (8.08) | (21.64) |
| D&A | 0.00 | 0.00 | 3.02 | 9.93 |
| Stock-Based Comp | 0.00 | 0.00 | 0.56 | 1.61 |
| Δ Working Cap & Other | (0.00) | 0.00 | 9.92 | (19.52) |
| Operating Cash Flow | (0.00) | 0.00 | 5.43 | (29.61) |
| CapEx | (0.00) | (0.00) | (10.25) | (19.73) |
| Other Investing | — | — | (1.15) | 6.70 |
| Investing Cash Flow | (0.00) | (0.01) | (11.40) | (13.02) |
| Stock Buyback | (0.00) | (0.00) | (0.04) | (4.34) |
| Other Financing | — | — | 6.25 | 10.14 |
| Financing Cash Flow | (0.00) | (0.00) | 6.21 | 5.81 |
| Effect of FX on Cash | (0.00) | (0.00) | (4.50) | 6.25 |
| Free Cash Flow | (0.01) | (0.00) | (4.82) | (49.34) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (29.72) | (29.72) | (54.31) | (36.62) | (8.04) |
| D&A | 12.96 | 12.96 | 16.16 | 16.68 | 15.00 |
| Stock-Based Comp | 2.18 | 2.18 | 6.21 | 7.22 | 6.04 |
| Δ Working Cap & Other | (9.60) | (9.62) | 25.80 | 9.70 | (7.84) |
| Operating Cash Flow | (24.18) | (24.21) | (6.13) | (3.01) | 5.17 |
| CapEx | (29.99) | (29.99) | (11.60) | (6.96) | (23.39) |
| Other Investing | 5.56 | 5.56 | — | (0.70) | (1.53) |
| Investing Cash Flow | (24.43) | (24.43) | (11.67) | (7.66) | (24.93) |
| Stock Buyback | (4.38) | (4.38) | (12.89) | (51.78) | (13.96) |
| Dividends Paid | — | 0.00 | 0.00 | 0.00 | — |
| Other Financing | 16.40 | 16.40 | 29.45 | (0.56) | 1.22 |
| Financing Cash Flow | 12.02 | 12.02 | 16.56 | (52.34) | (12.74) |
| Effect of FX on Cash | 1.75 | 1.76 | (18.23) | (4.38) | (21.56) |
| Free Cash Flow | (54.17) | (54.20) | (17.73) | (9.97) | (18.23) |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Current Ratio | 2.43 | 2.37 | 4.07 | 4.32 |
| Quick Ratio | 1.93 | 1.91 | 3.29 | 3.50 |
| Debt / Equity | 0.18 | 0.18 | 0.18 | — |
| EBITDA Margin % | (22.3%) | (15.5%) | (23.2%) | (3.5%) |
| Working Capital | 96.78 | 98.31 | 133.44 | 151.68 |
| Net Debt | (46.42) | (52.27) | (59.16) | — |
| ROE % | (0.0%) | (0.0%) | (3.3%) | (8.5%) |
| ROA % | (0.0%) | (0.0%) | (2.3%) | (6.0%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 2.43 | 4.07 | 4.74 | 5.23 | 7.15 |
| Quick Ratio | 1.93 | 3.29 | 4.08 | 4.54 | 6.31 |
| Debt / Equity | 0.18 | 0.18 | — | — | — |
| EBITDA Margin % | (15.9%) | (12.8%) | (5.0%) | (17.8%) | 2.9% |
| Working Capital | 96.78 | 133.44 | 172.96 | 198.55 | 290.61 |
| Net Debt | (46.42) | (59.16) | — | — | — |
| ROE % | (13.1%) | (12.0%) | (19.6%) | (10.6%) | (1.9%) |
| ROA % | (9.2%) | (8.5%) | (14.3%) | (8.7%) | (1.6%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-09-25 | LEE CHAE | Director, Officer (Chief Executive Officer) | 2026-09-24 | P | 20,000 | $3.22 | $64,398 |
| 2026-09-25 | LEE CHAE | Director, Officer (Chief Executive Officer) | 2026-09-23 | P | 50,000 | $3.17 | $158,500 |
| 2026-09-25 | LEE CHAE | Director, Officer (Chief Executive Officer) | 2026-09-23 | P | 30,000 | $3.19 | $95,598 |
| 2026-08-18 | MARTINO CAMILLO | Director | 2026-08-15 | A | 6,764 | — | $0 |
| 2026-08-03 | MARTINO CAMILLO | Director | 2026-08-01 | A | 39,286 | — | $0 |
| 2026-08-03 | Chung Kyo-Hwa Liz | Director | 2026-08-01 | A | 48,810 | — | $0 |
| 2026-08-03 | NATHAN GILBERT E | Director | 2026-08-01 | A | 51,191 | — | $0 |
| 2026-08-03 | Amoruso Cristiano | Director | 2026-08-01 | A | 46,429 | — | $0 |
| 2026-07-06 | LEE CHAE | Director, Officer (Chief Executive Officer) | 2026-07-01 | A | 288,750 | — | $0 |
| 2026-07-06 | LEE CHAE | Director, Officer (Chief Executive Officer) | 2026-07-01 | A | 148,750 | — | $0 |
| 2026-06-03 | Park Shinyoung | Officer (Chief Financial Officer) | 2026-06-01 | A | 112,500 | — | $0 |
| 2026-06-03 | Lee Seunghoon | Officer (Chief of Manufacturing) | 2026-06-01 | A | 30,000 | — | $0 |
| 2026-03-17 | NATHAN GILBERT E | Director | 2026-03-16 | P | 21,994 | $2.87 | $63,050 |
| 2026-03-16 | NATHAN GILBERT E | Director | 2026-03-13 | P | 13,006 | $2.79 | $36,249 |
| 2026-03-16 | NATHAN GILBERT E | Director | 2026-03-12 | P | 25,000 | $2.75 | $68,675 |
| 2026-02-17 | NATHAN GILBERT E | Director | 2026-02-15 | A | 1,478 | — | $0 |
| 2026-02-17 | Chung Kyo-Hwa Liz | Director | 2026-02-15 | A | 2,946 | — | $0 |
| 2026-02-17 | Amoruso Cristiano | Director | 2026-02-15 | A | 28,628 | — | $0 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-12-31 | A | 7,000 | $2.55 | $17,850 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-12-31 | F | (3,333) | $2.55 | -$8,499 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-12-31 | F | (2,778) | $2.55 | -$7,084 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-12-31 | F | (4,761) | $2.55 | -$12,141 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-12-31 | F | (4,880) | $2.55 | -$12,444 |
| 2026-01-02 | Park Shin Young | Officer (See Remarks) | 2025-12-31 | F | (6,121) | $2.55 | -$15,609 |
| 2026-01-02 | Park Shin Young | Officer (See Remarks) | 2025-12-31 | F | (12,234) | $2.55 | -$31,197 |
| 2026-01-02 | Park Shin Young | Officer (See Remarks) | 2025-12-31 | F | (17,977) | $2.55 | -$45,841 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-08-15 | A | 30,750 | — | $0 |
| 2026-01-02 | Lee Seunghoon | Officer (See Remarks) | 2025-08-15 | A | 15,375 | — | $0 |
| 2025-11-17 | Chung Kyo-Hwa Liz | Director | 2025-11-15 | A | 3,160 | — | $0 |
| 2025-11-17 | NATHAN GILBERT E | Director | 2025-11-15 | A | 6,320 | — | $0 |
| 2025-10-03 | MARTINO CAMILLO | Director, Officer (See Remarks) | 2025-10-01 | A | 105,484 | — | $0 |
| 2025-08-26 | Park Shin Young | Officer (See Remarks) | 2025-08-25 | P | 10,000 | $2.87 | $28,680 |
| 2025-08-26 | MARTINO CAMILLO | Director, Officer (See Remarks) | 2025-08-22 | P | 30,000 | $2.84 | $85,290 |
| 2025-07-03 | Lee Ilbok | Director | 2025-07-01 | A | 55,845 | — | $0 |
| 2025-07-03 | MARTINO CAMILLO | Director | 2025-07-01 | A | 53,247 | — | $0 |
| 2025-07-03 | NATHAN GILBERT E | Director | 2025-07-01 | A | 50,650 | — | $0 |
| 2025-07-03 | Chung Kyo-Hwa Liz | Director | 2025-07-01 | A | 45,455 | — | $0 |
| 2025-06-17 | Chung Kyo-Hwa Liz | Director | 2025-06-15 | D | (15,814) | $3.84 | -$60,726 |
| 2025-06-03 | Kim Young-Joon | Director, Officer (See Remarks) | 2025-06-01 | A | 164,269 | — | $0 |
| 2025-06-03 | Kim Young-Joon | Director, Officer (See Remarks) | 2025-06-01 | A | 164,269 | — | $0 |
| 2025-06-03 | Park Shin Young | Officer (See Remarks) | 2025-06-01 | A | 110,210 | — | $0 |
| 2025-06-03 | Park Shin Young | Officer (See Remarks) | 2025-06-01 | A | 55,104 | — | $0 |
| 2025-03-18 | Lee Ilbok | Director | 2025-03-14 | P | 20,000 | $3.86 | $77,180 |
| 2025-03-17 | MARTINO CAMILLO | Director | 2025-03-13 | P | 20,000 | $3.66 | $73,120 |
| 2025-03-17 | NATHAN GILBERT E | Director | 2025-03-13 | P | 20,000 | $3.68 | $73,592 |
| 2025-03-04 | Yang Jinseok | Officer (See Remarks) | 2025-03-01 | A | 7,000 | $4.54 | $31,780 |
| 2025-03-04 | Yang Jinseok | Officer (See Remarks) | 2025-03-01 | F | (3,167) | $4.54 | -$14,378 |
| 2025-03-04 | Lee Seunghoon | Officer (See Remarks) | 2025-03-01 | A | 7,000 | $4.54 | $31,780 |
| 2025-03-04 | Lee Seunghoon | Officer (See Remarks) | 2025-03-01 | F | (3,176) | $4.54 | -$14,419 |
| 2025-01-03 | Kim Theodore S | Officer (See Remarks) | 2024-12-31 | F | (2,917) | $4.02 | -$11,726 |
| 2025-01-03 | Kim Theodore S | Officer (See Remarks) | 2024-12-31 | F | (9,249) | $4.02 | -$37,181 |
| 2025-01-03 | Kim Theodore S | Officer (See Remarks) | 2024-12-31 | F | (8,750) | $4.02 | -$35,175 |
| 2025-01-03 | Lee Seunghoon | Officer (See Remarks) | 2024-12-31 | F | (1,645) | $4.02 | -$6,613 |
| 2025-01-03 | Lee Seunghoon | Officer (See Remarks) | 2024-12-31 | F | (2,877) | $4.02 | -$11,566 |
| 2025-01-03 | Lee Seunghoon | Officer (See Remarks) | 2024-12-31 | F | (4,932) | $4.02 | -$19,827 |
| 2025-01-03 | Kim Young-Joon | Director, Officer (See Remarks) | 2024-12-31 | F | (5,017) | $4.02 | -$20,168 |
| 2025-01-03 | Kim Young-Joon | Director, Officer (See Remarks) | 2024-12-31 | F | (17,632) | $4.02 | -$70,881 |
| 2025-01-03 | Kim Young-Joon | Director, Officer (See Remarks) | 2024-12-31 | F | (15,517) | $4.02 | -$62,378 |
| 2025-01-03 | Park Shin Young | Officer (See Remarks) | 2024-12-31 | F | (2,445) | $4.02 | -$9,829 |
| 2025-01-03 | Park Shin Young | Officer (See Remarks) | 2024-12-31 | F | (6,117) | $4.02 | -$24,590 |
| 2025-01-03 | Park Shin Young | Officer (See Remarks) | 2024-12-31 | F | (12,225) | $4.02 | -$49,144 |
| 2025-01-03 | Yang Jinseok | Officer (See Remarks) | 2024-12-31 | F | (1,577) | $4.02 | -$6,340 |
| 2025-01-03 | Yang Jinseok | Officer (See Remarks) | 2024-12-31 | F | (2,444) | $4.02 | -$9,825 |
| 2025-01-03 | Yang Jinseok | Officer (See Remarks) | 2024-12-31 | F | (4,729) | $4.02 | -$19,011 |