Diodes Incorporated

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $142.5M TTM FCF base; 15% annual FCF growth years 1-3; 9% years 4-6; 5% years 7-10; 10% discount rate; 3% terminal growth; +$351.0M net cash; 46.05M shares outstanding.

Reasoning: Diodes is a cyclical analog and discrete semiconductor supplier currently in a demand upswing (about 26% consensus 2026 revenue growth); a multi-stage DCF fades this cyclical growth back to a mid-single-digit through-cycle rate, and a 10% discount rate reflects typical semiconductor cyclicality and customer-concentration risk.