Global Semiconductors Undervalued over 20% based on DCF

QUALCOMM

Market Cap: US$159.8b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Renesas Electronics

Market Cap: JP¥3.3t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

STMicroelectronics

Market Cap: €19.4b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

First Solar

Market Cap: US$19.7b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

United Microelectronics

Market Cap: NT$515.4b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

BE Semiconductor Industries

Market Cap: €9.3b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Skyworks Solutions

Market Cap: US$10.2b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Novatek Microelectronics

Market Cap: NT$288.4b

Engages in research and development, manufacture, and sale of integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications in Taiwan, Asia, and internationally.

JCET Group

Market Cap: CN¥61.8b

Provides integrated-circuit manufacturing and technology services in China and internationally.

Hon. Precision

Market Cap: NT$250.5b

Manufactures and sells handlers in Taiwan.

Qorvo

Market Cap: US$7.8b

Engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe.

MKS

Market Cap: US$6.2b

Provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.

HANMI Semiconductor

Market Cap: ₩8.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Kokusai Electric

Market Cap: JP¥729.4b

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Onto Innovation

Market Cap: US$4.6b

Engages in the design, development, manufacture, and support of process control tools that performs optical metrology and inspection worldwide.

Nanya Technology

Market Cap: NT$137.7b

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Silergy

Market Cap: NT$126.5b

Designs, manufactures, and sales of various integrated circuit products and related technical services in China and internationally.

Enphase Energy

Market Cap: US$4.1b

Designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.

ASMPT

Market Cap: HK$27.2b

An investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries internationally.

Silicon Motion Technology

Market Cap: US$2.6b

Designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.

Synaptics

Market Cap: US$2.3b

Develops, markets, and sells semiconductor products worldwide.

Rorze

Market Cap: JP¥339.5b

Engages in the design, development, manufacture, and sale of automation systems for the semiconductor and flat panel display production worldwide.

AIXTRON

Market Cap: €1.6b

Provides deposition equipment to the semiconductor industry in Asia, Europe, and the Americas.

Parade Technologies

Market Cap: NT$47.2b

Operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally.

Kinsus Interconnect Technology

Market Cap: NT$47.0b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

ams-OSRAM

Market Cap: CHF 1.1b

Engages in the design, manufacture, and sale of LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and the Asia/Pacific.

MaxLinear

Market Cap: US$1.3b

Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally.

Beijing Jingyuntong Technology

Market Cap: CN¥9.0b

Engages in the research, development, production, and sale of monocrystalline silicon products in China and internationally.

Sanken Electric

Market Cap: JP¥182.0b

Engages in the manufacture and sale of electric equipment and apparatus in Japan and internationally.

Penguin Solutions

Market Cap: US$1.2b

Engages in the designing and development of enterprise solutions worldwide.

Everlight Electronics

Market Cap: NT$30.9b

Engages in the manufacture and sale of light-emitting diode (LED) in Taiwan, rest of Asia, the United States, and internationally.

Ultra Clean Holdings

Market Cap: US$1.0b

Develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally.

PixArt Imaging

Market Cap: NT$29.8b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.

JAPAN MATERIAL

Market Cap: JP¥143.5b

Operates in the electronics and graphics businesses in Japan.

Malaysian Pacific Industries Berhad

Market Cap: RM 4.1b

An investment holding company, engages in the manufacture, assemble, test, and sale of integrated circuits, semiconductor devices, electronic components, and lead frames in Asia, the United States, and Europe.

TOWA

Market Cap: JP¥136.6b

Engages in the design, development, manufacture, and sale of semiconductor manufacturing equipment and high-precision molds in Japan and internationally.