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Spreadtrum Communications is Among the Companies in the Semiconductors Industry With the Highest Earnings Yield (SPRD, INTC, SIMO)

Published on Thu, 01/24/2013 - 11:23
By Robert Cotter

Below are the three companies in the Semiconductors industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.

Spreadtrum Communications (NASDAQ:SPRD) is highest with an earnings yield of 12.2%. Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the wireless communications market. Spreadtrum Communications has traded 353,000 shares thus far today, vs. average volume of 859,000 shares per day. The stock has underperformed the Dow (0.2% to the Dow's 0.6%) and underperformed the S&P 500 (0.2% to the S&P's 0.3%) during today's trading.

Following is Intel (NASDAQ:INTC) with an earnings yield of 10.1%.

Finishing up the top three is Silicon Motion Technology (NASDAQ:SIMO), with an earnings yield of 9.5%.

By Robert Cotter