Company Overview | Valuation Ratios |
Programmable Logic Overview | Financial Highlights |
Research Coverage | Customers & End Market Applications |
Xilinx, founded in 1984, is the world's largest supplier
of programmable logic solutions. Headquartered in San Jose, California,
the company pioneered the market for Field Programmable Gate Arrays (FPGAs)
- standard logic components programmed by the customer using Xilinx design
software. Xilinx FPGAs provide a revolutionary alternative to custom logic
chips that require weeks or months of design time. By using Xilinx programmable
logic chips, customers in the data processing, communications, networking,
industrial, consumer, and high reliability markets can get their products
to market faster and reduce their development costs.
As a "fabless" semiconductor company, Xilinx does not own or operate silicon wafer production facilities. Rather, the Company forms strategic alliances with |
chip manufacturers, either through close business relationships
or equity positions in their foundries. This strategy allows Xilinx to
focus on research and development, marketing, and technical support, while
having access to the most advanced chip processing technologies currently
available.
In order to serve a broad range of over 15,000 customers, Xilinx has established a worldwide marketing and distribution network with offices throughout North America, Europe and Asia. The Company's product lines consist of several families of programmable logic devices (PLDs) and related software. Xilinx's competitive advantages in the marketplace stem from its strong customer focus, dedication to research and development, and conservative financial management. |
COMPANY OVERVIEW (cont.) |
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Source: Dataquest April 1997 *Total sales, devices and software |
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ABN AMRO Chicago Corp.
AG Edwards Bear Stearns & Co. Cowen & Company CS First Boston Deutsche Morgan Grenfell Donaldson Lufkin & Jenrette Goldman Sachs Hambrecht & Quist J.P. Morgan Lehman Brothers |
Merrill Lynch
Montgomery Securities Morgan Stanley & Co. Needham & Company Oppenheimer & Co. Rauscher Pierce Refsnes Robertson, Stephens & Co. Soundview Financial UBS Securities Volpe Brown Whelan & Co. |
Valuation Ratios | Sep-97 | Jun-97 |
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Annualized ROE | 22% |
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Annualized ROA | 13% |
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Current Ratio | 5.6 |
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Quick Ratio | 5.1 |
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Equivalent Shares (M)* | 81.4 |
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Cash/Share ($) | 5.34 |
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Book Val/Shr ($) | 6.90 |
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Inventory days | 87* |
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Days sales outstanding | 40 |
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12-mo avg revenue per employee ($K) | 457 |
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Financial Highlights |
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Income Statements ($M) | |||||
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Research & development |
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Operating income |
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Interest income (net) |
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Income before provision for taxes |
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Provision for taxes |
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Net income |
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Net income per share ($) |
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Balance Sheet ($M) | |||||
Working capital |
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Total Assets |
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Long-term debt |
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Stockholders' equity |
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Financial Highlights (cont.) | ||
* Note:
September 1996 quarter excludes a $5.0 Million write-off of the Company's
XC8100 product family.
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End Market Applications
Communications | Data Processing | Industrial | Networking | High Reliability |
Cellular Base Stations
Central Office Switches |
Mass Storage
Computer Peripherals |
Medical Equipment
Instrumentation |
Routers
ATM switches |
Satellite Communication
Commercial Aviation |