Cirrus Logic, Inc.
Rank #126Capital ReturnCRUS · Nasdaq · Technology
Cirrus Logic, Inc. (CRUS) — Rank #126 by gross profitability (GP/assets 0.41) · ROE 18.9% · Piotroski F-Score 7 / 9.
As-of 2026-09-15 · CIK 0000772406 · all metrics point-in-time as of the filing date.
About
Cirrus Logic, Inc., a fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally.
Show moreShow less
The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology for use in smartphones, PCs, tablets, AR/VR headsets, wearables, home theatre systems, automotive entertainment systems, and professional audio systems. It also provides camera controllers, haptic and sensing solutions, and battery and power ICs for smartphones, as well as products for automotive, industrial, and imaging applications. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc.
was incorporated in 1984 and is headquartered in Austin, Texas.
- Industry
- Semiconductors
- Sector
- Technology
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- March 27
- Website
- cirrus.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$6.10B
P/E (annual)
15.5
P/S (annual)
3.1
P/B
2.8
P/OCF (annual)
9.4
Shareholder Yield
4.4%
Employees
1,651
Industry
Semiconductors
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 4/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
-1.7%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -4.4% — per-share value needs a total required return of -6.1% once share-count change is priced in.
vs. own 6-year median revenue growth: 6.3%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-5.4%
r = 10% (base)
-1.7%
r = 12%
1.5%
Net debt / market cap: -12.6%
Note: current FCF margin is 1.8σ above its historical mean — implied growth may understate valuation risk if the margin reverts.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.41
Primary signal (Novy-Marx).
3rd of 17 SIC 3674 peers
Return on equity
18.9%
Gross margin
52.8%
9th of 17 SIC 3674 peers
Revenue growth (YoY)
5.3%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
1.7%
Revenue CAGR (5Y)
7.8%
Earnings CAGR (3Y)
32.9%
FCF CAGR (3Y)
27.9%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.17
3rd of 16 SIC 3674 peers (best = lowest)
Current ratio
7.58×
2nd of 17 SIC 3674 peers
Quick ratio
5.48×
Net cash
$810.67M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$636.61M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.54
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
4.1%
Stock-based comp intensity.
Piotroski F-Score
F-Score
7 / 9
Fundamental-strength score (0-9).