OmniVision Technologies, Inc. (NASDAQ:OVTI)

great opportunity

Apple will not stop using thier camera instead will use other also, seems very week reason to drop stock to 52 week low

35

Solid fundamentals... Illogical perception based sell off to 52 wk low. Stock should reclaim strength as investors recognize solid value for a bargain price.

Ok, so it's been discovered that Sony makes the camera in the IPhone 4s. Supposedly, this only makes an 8% revenue loss, yet the stock has now dropped around 70% since the 52-week high set in March. It may be a value play or a value trap, but the pristine balance sheet puts a floor in for now.

Results for ticker 'OVTI' (OmniVision Technologies Inc.):

Earnings Yield:   50.3%
MFI Return on Capital:   39.6%

MagicDiligence Research for 'OVTI':

No research available.

Instant Diligence:

The Earnings Yield of 50.3% is Suspiciously High (needs additional research).

The MFI Return on Capital of 39.6% is High.

Near-term Financial Health appears to be Excellent. The current ratio is 4.92.

Calculations:

(for quarter ended 2011-07-31)

Market Cap   =   Stock_Price * Shares
=   12.33 * 61.41
=   757.00

Excess Cash   =   Cash - MAX(0; (Current Liabilities - Current Assets + Cash))
=   506.06 - MAX(0; (163.68 - 806.13 + 506.06))
=   506.06

Enterprise Value   =   Market Cap + Total Debt - Excess Cash
=   757.00 + 45.49 - 506.06
=   296.44

MFI Invested Capital   =   Total Assets - Goodwill - Intangibles - Current Liabilities + Short Term Debt - Excess Cash
=   1110.06 - 1.12 - 67.04 - 163.68 + 4.33 - 506.06
=   376.49

Earnings Yield   =   Operating Earnings / Enterprise Value
=   149.14 / 296.44
=   0.503 (50.3%)

MFI Return on Capital   =   Operating Earnings / MFI Invested Capital
=   149.14 / 376.49
=   0.396 (39.6%)

This drop... Enough.

just doubled my position as it was at 52w low. Winner

A value play. It's trading below book value and is incredibly cash rich. Not to mention generating tons of cash. However, the only thing I do not like about this company is the way they keep diluting the shareholders with increasing share sales. But since almost their entire market cap is in cash: 506 million of 774 million market cap doesn't make me worried about this company going out anytime soon. Their business hiccups with the iphone 4s does not mean they won't have anymore business. Now, if they reported that they have been shut out of apples business period for the future, then I'd be concerned. Even so, a position here is almost without risk since it's buffered by so much cash.

this stock has brkendown various tecnical support
levels over the last few months.it will take a lot of months(if not years)to over come resistence at thos levels. cirus may be a better pick

Every cell needs a camera
I'm in

Solid financials, solid products, and Evan Niu and Anders Bylund make a compelling case in their recent articles.

camera - every cell phone needs a camera
no div - 58% R !
Total Debt / Equity    0.06
Price Earnings    6.40
Price/Sales    0.91
Price/Book    1.16
Price/Cash Flow    5.50

2 days of rally then back to the relentless pounding of the share price? It's in the iPhone! What more do the analysts / institutional investors want? And yet VRUS goes up on almost zero revenue for all practical purposes...

Way undervalued because the iPhone 4S will have OVTI cameras

" UUUUPPPP" !!!!!!

Apple is using their technology. Stay for the long haul. Started at 14.00

Omnivision, it's in there. iPhone 4S, aka the Apple Worldphone. China, here we come.

This one is at its bottom, hammered throughout with the rest of the market. I would almost bet a paycheck they will be the sole provider for optics for the next-gen IPhone, so this one is going up!

Should continue to be in the iPhone 5.