Alpha and Omega Semiconductor Limited

AI-generated fair value estimate for this company.

Method: 10-year revenue-driven FCF DCF: $678.93M TTM revenue growing 5% in yr1 rising to 8% by yr4-5 (power semiconductor demand recovery, AI server/EV power management content), 6% years 6-10; FCF margin improving from -6% (yr1) to a steady 10% by year 6 as fab utilization and mix improve; 10.5% discount rate; 3% terminal growth; +$153.15M net cash; 29.94M shares.

Reasoning: AOSL is a power semiconductor maker currently posting losses amid a cyclical downturn, but it holds a strong net cash position and real revenue base; a staged margin-recovery DCF tied to the semiconductor cycle better reflects normalized earnings power than the current trailing loss.