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NXP Semiconductors Looks to Carry Momentum into 2021

April
14, 2021

4 min read

This story originally appeared on MarketBeat

NXP Semiconductors (NASDAQ: NXPI) had a rough 2020. The company – which derives nearly half of its revenue from its automotive business – saw full-year revenue drop 3% yoy to $8.6 billion.
But that 3% dip doesn’t tell the whole story – it was an uneven year for NXP. In the second quarter, revenue decreased 18% yoy to $1.82 billion. Its auto business generated just $674 million in revenue, down 35% from the year-ago period.
The chipmaker’s numbers improved over the next two quarters though. In the third quarter, revenue was roughly flat yoy. Fourth quarter revenue increased 9% yoy to $2.51 billion, coming in higher than consensus estimates of $2.46 billion. The all-important auto business finally returned to growth as the segment’s fourth-quarter revenue increased 9% versus Q4 2019.The strong fourth-quarter performance does not appear to be an anomaly – NXPI is set for an outstanding 2021.
NXP Faces Easier Comps in 2021
NXP is set to report its fiscal first-quarter earnings later this month. While some companies have declined to provide any guidance due to pandemic-related uncertainty, NXP was not one of them.
On its fourth-quarter earnings call, the chipmaker told investors to expect first-quarter revenue of around $2.55 billion, which would be around 26% higher than the year-ago period. Granted, sales dipped 3.5% yoy in Q1 2020, so NXP is benefiting from easy comps. But, the first-quarter revenue projections are also a bit higher than the prior quarter’s actuals.
Unsurprisingly, the automotive segment is expected to generate a similar growth rate to the company-wide rate. The automotive industry was battered in 2020; automakers were even forced to shut down for a couple of months during the early stages of the pandemic.
But production is getting back to normal as a hot used car market has fueled (pun intended) demand for new cars. On its fourth quarter earnings call, NXP CEO Kurt Sievers said that the IHS is expecting around 85 million auto sales in 2021. That would work out to 14% yoy growth.
But Sievers believes that “the sentiment in the auto industry is possibly even above that. So maybe more 85 million to 90 million units is what the car companies think to achieve.” He added that, “A lot of that is, obviously, based on the assumption of, say, the second half of the year being fully vaccinated, society coming back to more normal lives and that actually being another push for auto production and auto sales.”
The 90 million number may be a bit optimistic, but hey, even 14% growth to 85 million is nothing to sneeze at.
NXP Has an Attractive Valuation and Dividend
 NXP shares are trading at 21.6x forward earnings. While the company should easily achieve double-digit yoy growth in 2021, that is not likely to become the norm moving forward. It can’t be stated enough: NXP is facing easy comps from 2020. But mid-to-high single-digit growth is certainly realistic in 2022 and beyond. At that type of growth rate, NXP shares would have a lot of room for appreciation.
The chipmaker recently hiked its dividend payout by 50%. The forward dividend yield is still just 1.12%, but it’s something. More importantly, there’s a good chance that NXP will continue increasing its payout. We could be looking at a 2-3% yield a few years from now.
In the same announcement, NXP authorized a new $2 billion share repurchase plan. With a market cap of around $56 billion, that amount could be enough to help drive NXPI higher.
How Should You Play NXP?
A solid growth outlook, reasonable valuation, increasing dividend, and new share repurchase plan combine to make NXP an excellent long-term proposition. But is now the right time to pick up some shares?
Shares are actually riding a six-session losing streak, but NXPI is only down a little less than 6% over that period. That said, shares have been in a strong up-trend for over a year, and every pullback has been short-lived.

With the upcoming earnings release acting as a potential catalyst for another leg-up, the current pullback should be viewed as a buying opportunity.Featured Article: Why is the price-sales ratio important?

10 Magic Questions That Will Help You Get To Know Your Target Audience

June
7, 2017

6 min read

Opinions expressed by Entrepreneur contributors are their own.

The following excerpt is from Dan S. Kennedy and Dustin Mathews’ book No BS Guide to Powerful Presentations. Buy it now from Amazon | Barnes & Noble | iTunes or click here to buy it directly from us and SAVE 60% on this book when you use code CAREER2021 through 4/17/21.The first time I peered through a curtain into a basketball arena and saw 15,000 people there, soon to have me come out from behind that curtain, I briefly wondered if I was up to it. I subsequently appeared on that event tour over 230 times in as many as 27 cities a year for nine consecutive years and never felt trepidation about it after those first few minutes. By then, I had — as arrogant as it may sound — mastered two kinds of knowledge-producing know-how that provided more than enough competence for more than enough confidence.Related: 10 Ways to Learn About Your Target AudienceOne of those knowledge sets was the architecture for powerful presentations: the script. Its order, its language, its ebb and flow. The best mix of exposition, assertion, story, humor and more.The other set of knowledge I’d learned to acquire and use was Audience Knowledge.When a presentation lands a direct hit on an audience’s interests, beliefs, doubts, fears, hopes, ambitions, pre-existing ideas and pre-existing self-talk, its acceptance and enthusiasm for you as the presenter skyrockets and expands, and it’s nearly impossible to fail. In fact, you’re given more credit than your actual performance may deserve. When you know who the people in your audience are, what their lives are all about, what their daily experiences are, what their deepest-seated emotions are, you can make sure the presentation you assemble and deliver lands one direct hit after another after another.What is a direct hit? It is an idea, assertion, single sentence, or single story that is precisely and exactly in sync with the audience hearing it. As an example, any time I talk to entrepreneurs about being the lone polar bear in a forest of grizzlies, and then talk about their sense of isolation and loneliness, of being underappreciated and disrespected, of being negatively labeled (workaholic, greedy, evil 1%’er, etc.), I land a direct hit.When I first heard Zig Ziglar talk to “lowly” salespeople about being in “THE Proud Profession,” being the unsung heroes of the entire economy, the engine on which everything and everyone depended, and as improving lives for a living, I recognized he was landing a direct hit. I’ve borrowed that entire idea for my own presentation, books, newsletters and dialogue with salespeople.My somewhat odd “style” for being on stage and delivering presentations would likely have gotten me a big, red “F” in my college speaking class. But what makes it work, or maybe allows for it to work, is my deep and thorough understanding of my audiences. For 40 years, I’ve gone out of my way to create and deliver presentations to audiences I am certain I have intimate understanding of. I believe I can recite for you, verbatim, the late night, kitchen table conversation that occurs in their homes, when one can’t sleep and comes downstairs and the other notices his or her absence from the marital bed and follows. I believe I can recite for you, verbatim, that person’s major, recurring conversations with himself that he has as he drives his car to and from work.Related: How to Target the Right Audience in 5 Simple StepsFrom about 1979 to 1983, I spoke to a lot of chiropractic and dental groups. Some of these doctors who first saw and heard me then, in small groups of 30 to 100, or on a few occasions at large events of 1,000 to 3,000, are still with me today, as newsletter subscribers and even attending seminars where I speak — 34 to 38 years later! It’s important to understand I am not and never was a chiropractor or a dentist, never worked in any capacity in such practices and cannot adjust your back or drill your tooth. But by my presentations to these audiences alone, I have generated at least $20 million in direct revenue, plus countless lifelong customers of considerable value. For these same audiences/markets, I’ve written and developed presentations for 18 different clients who all sell various goods and services, and these, combined, have generated much more revenue. One such presentation is the genesis of a $30-million-per-year business, likely worth at least $150 million if and when it is sold. How is all this possible without having been a DC or DDS?You don’t have to be one of a particular population in order to develop thorough knowledge about that population: how they think, what they feel and what they truly, deeply want. First of all, a certain amount of human nature, psychology and reactive behavior is either hardwired or deeply embedded in early childhood, by about age 10. This is universal, to all groups, and can be used in embedding “triggers” into presentations that audiences can’t resist responding to. Second, there are basic questions to ask and know answers to about any target market or audience, for any advertising, marketing, persuasion or influence effort, regardless of how it’s to be done. Here’s this “magic list”:What keeps them awake at night, indigestion boiling up their esophagus, eyes open, staring at the ceiling?What are they afraid of?What are they angry about? Who are they angry at?What are their top three daily frustrations?What trends are occurring and will occur in their businesses or lives?What do they secretly, ardently desire most?Is there a built-in bias to the way they make decisions? (Example: engineers = exceptionally analytical)Do they have their own language?Who else is selling something similar to their product, and how?Who else has tried selling them something similar, and how has that effort failed?Related: Why Every Personal Brand Needs a Target AudienceFinally, there’s the sense of a group to be gained by reading what they read, hanging out where they hang out, talking, listening or playing anthropologist. For instance, a weekend at a boat show will give you a lot of knowledge about boating enthusiasts. From all three things comes Audience Knowledge, and with Audience Knowledge as the foundation of your presentation, you cannot fail.Did you enjoy your book preview? Click here to grab a copy today—now 60% off when you use code CAREER2021 through 4/17/21.

Recommit to Your Fitness Goals With Premium On-Demand Cycling, Yoga, HIIT, and More Workouts

The Studio SWEAT onDemand app has it all.

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April
14, 2021

2 min read

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Making time for your physical fitness is a great way to keep yourself energized and focused when it comes to running your business. While gyms may not feel like the safest place these days, you’ll feel like you have a gym in your phone with Studio SWEAT onDemand (SSoD).[embedded content]SSoD delivers thousands of virtual and live-streamed fitness classes to anywhere you feel like working out. With a huge variety of classes that includes cycling, kickboxing, TRX, HIIT, Pilates, yoga, strength training, barre, and much more, you’ll get into a great workout groove no matter your schedule, skill level, or fitness goals. You can stream workouts on your smart TV, PC, tablet, or mobile device so whether you’re at home, traveling for business, or outside enjoying the spring weather, you’ll always have access to classes — you can even download them for offline enjoyment.SSoD’s Plus Premium membership offers customized workout plans based on your lifestyle, goals, and equipment to help you get into the best exercise regimen. All classes are led by passionate, world-class instructors who are experts in their fields and will motivate you to perform at your best. It also offers expert nutrition tips to help you get and stay healthy. Plus, you’ll get personally crafted motivational messages every week from the founder, Cat Kom, and other guest trainers to keep you locked in.Find out why SSoD has earned 4.7/5 stars on the App Store and 4.2/5 stars on the Google Play Store. Normally, a one-year Plus Premium subscription to SSoD is $248, but you can sign up today for 60 percent off at just $99.Prices subject to change.

Annual tax return: How much should I pay if I have investments?

If you obtained real interest income over 100,000.00 pesos, you must file your return before May 31, 2021.

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Tax and Legal Playbook

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April
14, 2021

4 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

This story originally appeared on Alto Nivel

The Tax Administration Service (SAT) announced that the deadline for submitting the annual return corresponding to 2020 extends until May 31, 2021, so you still have time to prepare it. The tax return must present all the income that was obtained and are subject to paying a lien, these include the investments you have. But how much must be paid in taxes ? Are they already being held? What if the returns I had are fixed or variable income? If you have financial investments or plan to invest, this is what you should know about the annual return. Who Must File Investment Statement? Generally, those who obtain returns on investments are individuals, and they must file their return if last year they obtained income from the interests (returns) they have obtained on financial instruments. Those who have obtained real interest income over 100,000.00 pesos and withholding has been applied on said income, in accordance with Article 150 of the Income Tax Law. The tax return must present all the income that was obtained and are subject to paying a tax, these include the investments you have / Image: Depositphotos.com How much must be paid in taxes? It may vary depending on the type of investment. The Income Tax Law indicates that the withholding will be made at the rate of 20% on nominal interests (or returns). For example, if you have investments in government debt instruments, such as CETES , the corresponding income tax is retained by the entity or institution itself. In this market there are government debt instruments such as CETES, Bondes, Udibonos and BPAS. Each one with its own peculiarities. If you have investments in the foreign exchange market, also known as Forex, the interests that imply exchange gains are classified as accumulative interest subject to tax. In a statement, the venture capital fund Wortev indicates that there is an option under the law. As an investor, you can choose to take the initial balance of the investment at the beginning of the fiscal year together with the reinvested interests and the factor calculated by the SAT. What if I have an investment portfolio? The most advanced investors can have their portfolio diversified in fixed and variable income instruments. For the most part, the returns obtained from investments will pay the corresponding tax according to the values that compose it, such as a mixture of shares, debt, currencies, and so on. And how much is paid for a dividend? The gains obtained by the sale of shares of companies that are listed on the Mexican Stock Exchange do not pay taxes. However, dividend income is taxable. Dividends are income from profits distributed by companies to their shareholders. These income are taxable for both legal entities (companies) and individuals. In this case, calculating how much tax will be paid may be more complex. The maximum rate at which they can be taxed is 42%, including the tax levied on both the individual and the legal person. It should be remembered that this tax is aimed at large investors who have additional income derived from other activities.

Singapore Superapp Grab To Go Public With $40 Billion Valuation In SPAC Deal

Grab Holdings said it has reached a deal to go public in the U.S. by merging with a special-purpose acquisition company (SPAC) that will value the nine-year-old company at about $39.6 billion.

The ride-hailing and food delivery giant is raising more than $4 billion by combining itself with Altimeter Growth Corp. in what would be the largest acquisition ever by a blank-check company.
Silicon Valley’s Altimeter Capital Management is the sponsor of Altimeter Growth, which listed on the Nasdaq stock exchange in September. The combined entity will be traded under the symbol GRAB in the coming months. 

Altimeter Capital has committed $750 million to the deal, which is the largest-ever share sale in the U.S. by a Southeast Asian company. Other investors include BlackRock, Fidelity International, T. Rowe Price and Singaporean state investment firm Temasek. 

“Altimeter is investing in a way that demonstrates our aligned values, with a three-year lock-up on their sponsor promote shares and unprecedented contribution of shares to our new GrabForGood endowment fund,” said Grab CEO Anthony Tan. 

The GrabForGood fund was announced last week with an initial fund size of $275 million aimed at addressing long-term social and environmental programs with contributions from Tan along with his cofounder Hooi Ling Tan and president Ming Maa.
Grab was founded in 2012 as a taxi-booking app but grew to become a superapp that provides everything from ride-hailing and food delivery to digital payments. The Singapore-based company now operates across 428 cities in eight countries.
Grab’s net revenue jumped by roughly 70% last year and had recovered to comfortably above pre-pandemic levels, according to a Reuters report.