Telechips（A054450）株式概要テレチップス社はファブレス半導体企業として活動している。 詳細A054450 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長3/6過去の実績0/6財務の健全性1/6配当金0/6報酬収益は年間116.13%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない すべてのリスクチェックを見るA054450 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₩Current Price₩16.52k81.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-62b298b2016201920222025202620282031Revenue ₩298.3bEarnings ₩46.6bAdvancedSet Fair ValueView all narrativesTelechips Inc. 競合他社MEGAELECTRONICSSymbol: KOSDAQ:A226590Market cap: ₩228.0bZaram TechnologyIncSymbol: KOSDAQ:A389020Market cap: ₩265.0bASICLANDSymbol: KOSDAQ:A445090Market cap: ₩322.3bITM SemiconductorSymbol: KOSDAQ:A084850Market cap: ₩285.1b価格と性能株価の高値、安値、推移の概要Telechips過去の株価現在の株価₩16,520.0052週高値₩18,450.0052週安値₩10,970.00ベータ1.171ヶ月の変化19.97%3ヶ月変化12.00%1年変化26.11%3年間の変化-5.82%5年間の変化-7.19%IPOからの変化206.80%最新ニュースお知らせ • Mar 12Telechips Inc., Annual General Meeting, Mar 31, 2026Telechips Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 27, geumto-ro 80beon-gil, sujeong-gu, gyeonggi-do, seongnam South Korea分析記事 • Dec 24What Telechips Inc.'s (KOSDAQ:054450) 26% Share Price Gain Is Not Telling YouTelechips Inc. ( KOSDAQ:054450 ) shares have had a really impressive month, gaining 26% after a shaky period...Upcoming Dividend • Dec 22Upcoming dividend of ₩60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 17 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (0.4%).New Risk • Nov 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.分析記事 • Nov 10Would Telechips (KOSDAQ:054450) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Declared Dividend • Nov 08Dividend of ₩60.00 announcedDividend of ₩60.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 17th April 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.0%.最新情報をもっと見るRecent updatesお知らせ • Mar 12Telechips Inc., Annual General Meeting, Mar 31, 2026Telechips Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 27, geumto-ro 80beon-gil, sujeong-gu, gyeonggi-do, seongnam South Korea分析記事 • Dec 24What Telechips Inc.'s (KOSDAQ:054450) 26% Share Price Gain Is Not Telling YouTelechips Inc. ( KOSDAQ:054450 ) shares have had a really impressive month, gaining 26% after a shaky period...Upcoming Dividend • Dec 22Upcoming dividend of ₩60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 17 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (0.4%).New Risk • Nov 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.分析記事 • Nov 10Would Telechips (KOSDAQ:054450) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Declared Dividend • Nov 08Dividend of ₩60.00 announcedDividend of ₩60.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 17th April 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.0%.お知らせ • Nov 07Telechips Inc. announces Annual dividend, payable on April 17, 2026Telechips Inc. announced Annual dividend of KRW 60.0000 per share payable on April 17, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Outside Director Byongdeok Choi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Buy Or Sell Opportunity • Jun 13Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to ₩13,730. The fair value is estimated to be ₩17,944, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • May 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₩14,200. The fair value is estimated to be ₩17,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Apr 02Returns On Capital Signal Tricky Times Ahead For Telechips (KOSDAQ:054450)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...お知らせ • Mar 13Telechips Inc., Annual General Meeting, Mar 31, 2025Telechips Inc., Annual General Meeting, Mar 31, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 27, geumto-ro 80beon-gil, sujeong-gu, gyeonggi-do, seongnam South Koreaお知らせ • Mar 06Telechips Unveils Automotive Ai Accelerator 'A2x' Featuring 200Tops Npu for Powerful Ai Processing Performance, Ready for Global Market LaunchTelechips has unveiled its game-changing automotive AI accelerator, A2X (TCA2000/TCA1000), setting a new benchmark for the future of mobility (SDV). With its cutting-edge technology, A2X is ready to accelerate the adoption of AI-driven automotive systems, streamlining development processes and reducing costs for manufacturers. The A2X is a highly integrated solution, combining sensor interfaces, data preprocessing, and AI acceleration into a single chipset. It delivers peak AI processing power while simplifying development timelines and lowering system costs. Notably, it is equipped with the largest-ever NPU (Neural Processing Unit) in a domestic automotive AI accelerator, ensuring exceptional AI controller performance and maximizing system efficiency. Traditional autonomous driving and ADAS (Advanced Driver-Assistance Systems) rely on a single SoC (System-on-Chip) to handle all processes, from sensor data input to image pre-processing, AI computation, vehicle prediction, and control. This approach often leads to inefficiencies in data flow, increased computational load, and over-dependence on high-performance SoCs, resulting in higher power consumption, escalating costs, and increased system complexity, ultimately burdening automotive manufacturers with lengthy development timelines. The A2X overcomes these challenges with its 200/100TOPS NPU and 100K/50K DMIPS CPU, providing unmatched AI computation performance. It features key preprocessing blocks like De-warp, Multi-scaler, and Point Cloud Accelerator, reducing the load on the main SoC and enabling real-time AI processing at peak efficiency. The A2X also offers seamless integration with ADAS and IVI processors, boosting system scalability and reinforcing the competitive edge of SDVs. It will soon support on-device AI features, including LLM/sLLM.分析記事 • Mar 02Telechips (KOSDAQ:054450) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Feb 17Telechips Launches Korea's First High-Performance Mobility Network Processor 'AXON 'Telechips has introduced AXON (TCN100x), a high-performance network processor designed for mobility applications. AXON is a network System on Chip (SoC) that supports the highest safety level ASIL-D in ISO26262, ensuring top-tier safety and performance. It aids global automakers and top-tier companies in transitioning to next-generation E/E architectures and realizing Software Defined Vehicles (SDVs). This solution supports high-performance processing, expanded network bandwidth, and ultra-low latency with real-time security features. It integrates multi-channel Time-Sensitive Networking (TSN) Ethernet, CAN, and LIN-dedicated hardware network switches, ensuring robust network performance. The product applies the latest high-performance Cortex-A65AE multicore and multi-domain MCU cores from UK-based ARM, enabling stable in-vehicle network management and ultra-low latency data processing. It supports Over-the-Air (OTA) updates, diagnostics, network management, and application integration, offering an architecture optimized for SDV environments. Compared to competitors, AXON provides 2x higher application processing performance, 1.5x more Ethernet channels, and over 2.5x increased bandwidth. This breakthrough overcomes the limitations of traditional domain architectures and accelerates the transition to zonal architectures. Additionally, it features an Intrusion Detection System (IDS) with a dedicated Deep Packet Inspection (DPI) engine and integrates MACsec and IPsec security protocols, strengthening cybersecurity measures. Notably, AXON adopts an SoC architecture that minimizes the need for external integrated circuits (ICs), reducing system costs and development time. By leveraging this product, manufacturers can achieve more efficient network designs and optimized system BOM (Bill of Materials) configurations, maximizing cost savings.分析記事 • Jan 03Optimistic Investors Push Telechips Inc. (KOSDAQ:054450) Shares Up 26% But Growth Is LackingTelechips Inc. ( KOSDAQ:054450 ) shareholders would be excited to see that the share price has had a great month...Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%).分析記事 • Dec 13Returns On Capital Signal Tricky Times Ahead For Telechips (KOSDAQ:054450)To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...New Risk • Dec 08New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩10,730, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past three years.分析記事 • Nov 12Is Telechips (KOSDAQ:054450) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Sep 27What Does Telechips Inc.'s (KOSDAQ:054450) Share Price Indicate?Telechips Inc. ( KOSDAQ:054450 ), is not the largest company out there, but it saw a double-digit share price rise of...お知らせ • Sep 17DivX, LLC Files Breach of Contract Suit Against TelechipsDivX, LLC has filed a breach of contract suit against Telechips Inc. DivX has been licensing technology to Telechips since 2016. DivX alleges that a recent, independent audit uncovered numerous breaches of the parties’ agreements. For these breaches, DivX is seeking substantial damages and indemnities in the nine-figure range.分析記事 • Sep 04The Returns On Capital At Telechips (KOSDAQ:054450) Don't Inspire ConfidenceIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Major Estimate Revision • Aug 15Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩197.0m to ₩191.1m. Now expected to report a loss of ₩1,055 per share instead of ₩1,117 per share profit previously forecast. Semiconductor industry in South Korea expected to see average net income growth of 74% next year. Consensus price target down from ₩30,500 to ₩25,500. Share price rose 7.5% to ₩15,000 over the past week.分析記事 • Aug 05Telechips Inc. (KOSDAQ:054450) Looks Inexpensive After Falling 37% But Perhaps Not Attractive EnoughTo the annoyance of some shareholders, Telechips Inc. ( KOSDAQ:054450 ) shares are down a considerable 37% in the last...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₩13,200, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩13,845 per share.分析記事 • Jul 22Telechips (KOSDAQ:054450) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • May 11Price target decreased by 12% to ₩20,500Down from ₩23,167, the current price target is an average from 3 analysts. New target price is 14% below last closing price of ₩23,900. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩1,117 for next year compared to ₩4,375 last year.分析記事 • Mar 27Telechips' (KOSDAQ:054450) Shareholders Should Assess Earnings With CautionEven though Telechips Inc. ( KOSDAQ:054450 ) posted strong earnings recently, the stock hasn't reacted in a large way...Reported Earnings • Mar 26Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: ₩4,375 (up from ₩3,480 in FY 2022). Revenue: ₩191.1b (up 27% from FY 2022). Net income: ₩62.6b (up 37% from FY 2022). Profit margin: 33% (up from 31% in FY 2022). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 64%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩30,250, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Semiconductor industry in South Korea. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩15,370 per share.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩35,150, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 176% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩14,825 per share.Upcoming Dividend • Dec 20Upcoming dividend of ₩130 per share at 0.4% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 12 April 2024. Payout ratio is a comfortable 6.6% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.0%).New Risk • Nov 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 36% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 10% per year for the foreseeable future. High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (15% net profit margin). Shareholders have been diluted in the past year (9.4% increase in shares outstanding).Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩26,350, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩14,291 per share.Major Estimate Revision • Nov 11Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩193.3m to ₩200.8m. EPS estimate increased from ₩1,812 to ₩2,599 per share. Net income forecast to shrink 51% next year vs 18% growth forecast for Semiconductor industry in South Korea . Consensus price target up from ₩25,000 to ₩28,000. Share price rose 6.1% to ₩23,600 over the past week.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩26,100, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 172% over the past three years.お知らせ • Sep 06Telechips Announces New Silicon Line-Up for Future Mobility at IAA Mobility 2023Telechips announced that it is gearing up to make its debut at IAA Mobility 2023, the annual global mobility show set to take place in Germany. Telechips' future mobility solutions extend beyond in-vehicle infotainment (IVI). Having previously focused on infotainment application processors (AP), Telechips is now diversifying into areas such as ADAS chips infused with artificial intelligence (AI) technology, autonomous driving, and networking. Expanding its product portfolio to encompass not only SoCs but also MCUs in the body and chassis domains. At this IAA Mobility 2023, Telechips is set to unveil its next-generation application processor for infotainment cockpits Dolphin 5, along with N-Dolphin, an ADAS Vision processor equipped with neural processing units (NPUs) for prioritizing safety in driving environments. Especially, as the first product in a new silicon line-up, the N-Dolphin is slated to be ready for mass production in Third Quarter 2023. Telechips-designed products are manufactured at Samsung Electronics' foundry.New Risk • Aug 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 42% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 42% per year for the foreseeable future. High level of non-cash earnings (69% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (9.3% increase in shares outstanding).お知らせ • Aug 19Telechips Inc. (KOSDAQ:A054450) announces an Equity Buyback for KRW 4,000 million worth of its shares.Telechips Inc. (KOSDAQ:A054450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its common stock, pursuant to a contract with SAMSUNG SECURITIES CO., LTD. The purpose of the program is Stock price stabilization and shareholder value enhancement. The program will end on February 18, 2024. As of August 17, 2023, the company had 191,962 shares in treasury within the scope available for dividend and 975 shares in treasury through other repurchase.New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 35% per year for the foreseeable future. High level of non-cash earnings (89% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩22,850, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 172% over the past three years.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩21,700, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 185% over the past three years.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩18,090, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 134% over the past three years.Reported Earnings • Mar 26Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩3,480 (up from ₩559 in FY 2021). Revenue: ₩150.4b (up 10% from FY 2021). Net income: ₩45.9b (up ₩38.9b from FY 2021). Profit margin: 31% (up from 5.2% in FY 2021). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩14,620, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 33% over the past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩120 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 2.8% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Byongdeok Choi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩13,200, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 5.1% over the past three years.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩19,200, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 62% over the past three years.Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩154.5m to ₩166.9m. EPS estimate increased from ₩1,017 to ₩1,243 per share. Net income forecast to grow 139% next year vs 31% growth forecast for Semiconductor industry in South Korea. Consensus price target of ₩23,000 unchanged from last update. Share price rose 4.7% to ₩17,750 over the past week.Price Target Changed • Apr 27Price target increased to ₩23,000Up from ₩21,000, the current price target is provided by 1 analyst. New target price is 28% above last closing price of ₩18,000. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of ₩1,017 for next year compared to ₩559 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Seokcheol Kee was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 20Full year 2020 earnings released: ₩749 loss per share (vs ₩663 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ₩100.7b (down 24% from FY 2019). Net loss: ₩9.41b (down 213% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 17New 90-day high: ₩21,300The company is up 64% from its price of ₩13,000 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 33% over the same period.分析記事 • Feb 14Know This Before Buying Telechips Inc. (KOSDAQ:054450) For Its DividendIs Telechips Inc. ( KOSDAQ:054450 ) a good dividend stock? How can we tell? Dividend paying companies with growing...お知らせ • Jan 15Telechips Inc. announced that it has received KRW 20 billion in funding from KB Securities Co., Ltd., Samsung Securities Co., Ltd.On January 14, 2021, Telechips Inc. (KOSDAQ:A054450) closed the transaction.お知らせ • Jan 13Telechips Inc. announced that it expects to receive KRW 20 billion in funding from KB Securities Co., Ltd., Samsung Securities Co., Ltd.Telechips Inc. (KOSDAQ:A054450) announced a private placement of round 1 bearer-type interest-bearing private convertible bonds for the gross proceeds of KRW 20,000,000,000 on January 12, 2021. The transaction will include participation from new investors KB Securities Co., Ltd. and Samsung Securities Co., Ltd. (KOSE:A016360) for KRW 10,000,000,000 each. The bonds carry a coupon rate of 0% and interest rate to maturity of 0%. The maturity date of bonds is January 14, 2026. The bonds are 100% convertible into 1,159,554 shares of the company representing stake of 8.45% at a conversion price of KRW 17,248 per share. The conversion period will start from January 14, 2022 and end on December 14, 2025. The payment and subscription date is January 14, 2021. The bonds carry a hold period of one year from the date of issue.Is New 90 Day High Low • Jan 11New 90-day high: ₩17,750The company is up 7.0% from its price of ₩16,550 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 43% over the same period.分析記事 • Jan 10Is Telechips Inc.'s (KOSDAQ:054450) Shareholder Ownership Skewed Towards Insiders?The big shareholder groups in Telechips Inc. ( KOSDAQ:054450 ) have power over the company. Insiders often own a large...分析記事 • Dec 15Are Telechips Inc. (KOSDAQ:054450) Investors Paying Above The Intrinsic Value?Today we will run through one way of estimating the intrinsic value of Telechips Inc. ( KOSDAQ:054450 ) by taking the...Is New 90 Day High Low • Sep 25New 90-day high: ₩11,300The company is up 44% from its price of ₩7,830 on 26 June 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩8,886 per share.株主還元A054450KR SemiconductorKR 市場7D-4.3%-11.8%-8.2%1Y26.1%585.2%159.6%株主還元を見る業界別リターン: A054450過去 1 年間で585.2 % の収益を上げたKR Semiconductor業界を下回りました。リターン対市場: A054450は、過去 1 年間で159.6 % のリターンを上げたKR市場を下回りました。価格変動Is A054450's price volatile compared to industry and market?A054450 volatilityA054450 Average Weekly Movement9.9%Semiconductor Industry Average Movement13.7%Market Average Movement9.3%10% most volatile stocks in KR Market16.5%10% least volatile stocks in KR Market4.9%安定した株価: A054450 、 KR市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: A054450の 週次ボラティリティ ( 10% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1999452Jangkyu Leewww.telechips.comテレチップスはファブレス半導体企業である。チップセット、開発環境、ハードウェア設計リファレンス、コア技術、セキュリティソリューション、低消費電力技術などのソリューションを提供している。進化型スマート・コックピット、プレミアム・ディスプレイ・オーディオ、IVIおよびクラスタ、カーAVN、オーディオ・ソリューション、マイクロコントローラ、ADAS、オーディオ、コックピット製品など、運転とエンターテインメントのためのインテリジェント自動車ソリューションを提供している。同社は1999年に設立され、韓国の城南市に本社を置いている。もっと見るTelechips Inc. 基礎のまとめTelechips の収益と売上を時価総額と比較するとどうか。A054450 基礎統計学時価総額₩228.36b収益（TTM）-₩61.63b売上高(TTM)₩192.80b1.3xP/Sレシオ-4.0xPER（株価収益率A054450 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計A054450 損益計算書（TTM）収益₩192.80b売上原価₩118.70b売上総利益₩74.10bその他の費用₩135.74b収益-₩61.63b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-4.18kグロス・マージン38.43%純利益率-31.97%有利子負債／自己資本比率91.8%A054450 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 16:15終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Telechips Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Jae-Cheon JeonDaishin Securities Co. Ltd.Jongsun ParkEugene Investment & Securities Co Ltd.Sang-Hun LeeiM Securities2 その他のアナリストを表示
お知らせ • Mar 12Telechips Inc., Annual General Meeting, Mar 31, 2026Telechips Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 27, geumto-ro 80beon-gil, sujeong-gu, gyeonggi-do, seongnam South Korea
分析記事 • Dec 24What Telechips Inc.'s (KOSDAQ:054450) 26% Share Price Gain Is Not Telling YouTelechips Inc. ( KOSDAQ:054450 ) shares have had a really impressive month, gaining 26% after a shaky period...
Upcoming Dividend • Dec 22Upcoming dividend of ₩60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 17 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (0.4%).
New Risk • Nov 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
分析記事 • Nov 10Would Telechips (KOSDAQ:054450) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Declared Dividend • Nov 08Dividend of ₩60.00 announcedDividend of ₩60.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 17th April 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.0%.
お知らせ • Mar 12Telechips Inc., Annual General Meeting, Mar 31, 2026Telechips Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 27, geumto-ro 80beon-gil, sujeong-gu, gyeonggi-do, seongnam South Korea
分析記事 • Dec 24What Telechips Inc.'s (KOSDAQ:054450) 26% Share Price Gain Is Not Telling YouTelechips Inc. ( KOSDAQ:054450 ) shares have had a really impressive month, gaining 26% after a shaky period...
Upcoming Dividend • Dec 22Upcoming dividend of ₩60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 17 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (0.4%).
New Risk • Nov 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
分析記事 • Nov 10Would Telechips (KOSDAQ:054450) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Declared Dividend • Nov 08Dividend of ₩60.00 announcedDividend of ₩60.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 17th April 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.0%.
お知らせ • Nov 07Telechips Inc. announces Annual dividend, payable on April 17, 2026Telechips Inc. announced Annual dividend of KRW 60.0000 per share payable on April 17, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Outside Director Byongdeok Choi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Buy Or Sell Opportunity • Jun 13Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to ₩13,730. The fair value is estimated to be ₩17,944, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • May 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₩14,200. The fair value is estimated to be ₩17,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Apr 02Returns On Capital Signal Tricky Times Ahead For Telechips (KOSDAQ:054450)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
お知らせ • Mar 13Telechips Inc., Annual General Meeting, Mar 31, 2025Telechips Inc., Annual General Meeting, Mar 31, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 27, geumto-ro 80beon-gil, sujeong-gu, gyeonggi-do, seongnam South Korea
お知らせ • Mar 06Telechips Unveils Automotive Ai Accelerator 'A2x' Featuring 200Tops Npu for Powerful Ai Processing Performance, Ready for Global Market LaunchTelechips has unveiled its game-changing automotive AI accelerator, A2X (TCA2000/TCA1000), setting a new benchmark for the future of mobility (SDV). With its cutting-edge technology, A2X is ready to accelerate the adoption of AI-driven automotive systems, streamlining development processes and reducing costs for manufacturers. The A2X is a highly integrated solution, combining sensor interfaces, data preprocessing, and AI acceleration into a single chipset. It delivers peak AI processing power while simplifying development timelines and lowering system costs. Notably, it is equipped with the largest-ever NPU (Neural Processing Unit) in a domestic automotive AI accelerator, ensuring exceptional AI controller performance and maximizing system efficiency. Traditional autonomous driving and ADAS (Advanced Driver-Assistance Systems) rely on a single SoC (System-on-Chip) to handle all processes, from sensor data input to image pre-processing, AI computation, vehicle prediction, and control. This approach often leads to inefficiencies in data flow, increased computational load, and over-dependence on high-performance SoCs, resulting in higher power consumption, escalating costs, and increased system complexity, ultimately burdening automotive manufacturers with lengthy development timelines. The A2X overcomes these challenges with its 200/100TOPS NPU and 100K/50K DMIPS CPU, providing unmatched AI computation performance. It features key preprocessing blocks like De-warp, Multi-scaler, and Point Cloud Accelerator, reducing the load on the main SoC and enabling real-time AI processing at peak efficiency. The A2X also offers seamless integration with ADAS and IVI processors, boosting system scalability and reinforcing the competitive edge of SDVs. It will soon support on-device AI features, including LLM/sLLM.
分析記事 • Mar 02Telechips (KOSDAQ:054450) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Feb 17Telechips Launches Korea's First High-Performance Mobility Network Processor 'AXON 'Telechips has introduced AXON (TCN100x), a high-performance network processor designed for mobility applications. AXON is a network System on Chip (SoC) that supports the highest safety level ASIL-D in ISO26262, ensuring top-tier safety and performance. It aids global automakers and top-tier companies in transitioning to next-generation E/E architectures and realizing Software Defined Vehicles (SDVs). This solution supports high-performance processing, expanded network bandwidth, and ultra-low latency with real-time security features. It integrates multi-channel Time-Sensitive Networking (TSN) Ethernet, CAN, and LIN-dedicated hardware network switches, ensuring robust network performance. The product applies the latest high-performance Cortex-A65AE multicore and multi-domain MCU cores from UK-based ARM, enabling stable in-vehicle network management and ultra-low latency data processing. It supports Over-the-Air (OTA) updates, diagnostics, network management, and application integration, offering an architecture optimized for SDV environments. Compared to competitors, AXON provides 2x higher application processing performance, 1.5x more Ethernet channels, and over 2.5x increased bandwidth. This breakthrough overcomes the limitations of traditional domain architectures and accelerates the transition to zonal architectures. Additionally, it features an Intrusion Detection System (IDS) with a dedicated Deep Packet Inspection (DPI) engine and integrates MACsec and IPsec security protocols, strengthening cybersecurity measures. Notably, AXON adopts an SoC architecture that minimizes the need for external integrated circuits (ICs), reducing system costs and development time. By leveraging this product, manufacturers can achieve more efficient network designs and optimized system BOM (Bill of Materials) configurations, maximizing cost savings.
分析記事 • Jan 03Optimistic Investors Push Telechips Inc. (KOSDAQ:054450) Shares Up 26% But Growth Is LackingTelechips Inc. ( KOSDAQ:054450 ) shareholders would be excited to see that the share price has had a great month...
Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%).
分析記事 • Dec 13Returns On Capital Signal Tricky Times Ahead For Telechips (KOSDAQ:054450)To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
New Risk • Dec 08New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩10,730, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past three years.
分析記事 • Nov 12Is Telechips (KOSDAQ:054450) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Sep 27What Does Telechips Inc.'s (KOSDAQ:054450) Share Price Indicate?Telechips Inc. ( KOSDAQ:054450 ), is not the largest company out there, but it saw a double-digit share price rise of...
お知らせ • Sep 17DivX, LLC Files Breach of Contract Suit Against TelechipsDivX, LLC has filed a breach of contract suit against Telechips Inc. DivX has been licensing technology to Telechips since 2016. DivX alleges that a recent, independent audit uncovered numerous breaches of the parties’ agreements. For these breaches, DivX is seeking substantial damages and indemnities in the nine-figure range.
分析記事 • Sep 04The Returns On Capital At Telechips (KOSDAQ:054450) Don't Inspire ConfidenceIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Major Estimate Revision • Aug 15Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩197.0m to ₩191.1m. Now expected to report a loss of ₩1,055 per share instead of ₩1,117 per share profit previously forecast. Semiconductor industry in South Korea expected to see average net income growth of 74% next year. Consensus price target down from ₩30,500 to ₩25,500. Share price rose 7.5% to ₩15,000 over the past week.
分析記事 • Aug 05Telechips Inc. (KOSDAQ:054450) Looks Inexpensive After Falling 37% But Perhaps Not Attractive EnoughTo the annoyance of some shareholders, Telechips Inc. ( KOSDAQ:054450 ) shares are down a considerable 37% in the last...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₩13,200, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩13,845 per share.
分析記事 • Jul 22Telechips (KOSDAQ:054450) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • May 11Price target decreased by 12% to ₩20,500Down from ₩23,167, the current price target is an average from 3 analysts. New target price is 14% below last closing price of ₩23,900. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩1,117 for next year compared to ₩4,375 last year.
分析記事 • Mar 27Telechips' (KOSDAQ:054450) Shareholders Should Assess Earnings With CautionEven though Telechips Inc. ( KOSDAQ:054450 ) posted strong earnings recently, the stock hasn't reacted in a large way...
Reported Earnings • Mar 26Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: ₩4,375 (up from ₩3,480 in FY 2022). Revenue: ₩191.1b (up 27% from FY 2022). Net income: ₩62.6b (up 37% from FY 2022). Profit margin: 33% (up from 31% in FY 2022). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 64%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩30,250, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Semiconductor industry in South Korea. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩15,370 per share.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩35,150, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 176% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩14,825 per share.
Upcoming Dividend • Dec 20Upcoming dividend of ₩130 per share at 0.4% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 12 April 2024. Payout ratio is a comfortable 6.6% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.0%).
New Risk • Nov 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 36% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 10% per year for the foreseeable future. High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (15% net profit margin). Shareholders have been diluted in the past year (9.4% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩26,350, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩14,291 per share.
Major Estimate Revision • Nov 11Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩193.3m to ₩200.8m. EPS estimate increased from ₩1,812 to ₩2,599 per share. Net income forecast to shrink 51% next year vs 18% growth forecast for Semiconductor industry in South Korea . Consensus price target up from ₩25,000 to ₩28,000. Share price rose 6.1% to ₩23,600 over the past week.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩26,100, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 172% over the past three years.
お知らせ • Sep 06Telechips Announces New Silicon Line-Up for Future Mobility at IAA Mobility 2023Telechips announced that it is gearing up to make its debut at IAA Mobility 2023, the annual global mobility show set to take place in Germany. Telechips' future mobility solutions extend beyond in-vehicle infotainment (IVI). Having previously focused on infotainment application processors (AP), Telechips is now diversifying into areas such as ADAS chips infused with artificial intelligence (AI) technology, autonomous driving, and networking. Expanding its product portfolio to encompass not only SoCs but also MCUs in the body and chassis domains. At this IAA Mobility 2023, Telechips is set to unveil its next-generation application processor for infotainment cockpits Dolphin 5, along with N-Dolphin, an ADAS Vision processor equipped with neural processing units (NPUs) for prioritizing safety in driving environments. Especially, as the first product in a new silicon line-up, the N-Dolphin is slated to be ready for mass production in Third Quarter 2023. Telechips-designed products are manufactured at Samsung Electronics' foundry.
New Risk • Aug 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 42% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 42% per year for the foreseeable future. High level of non-cash earnings (69% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (9.3% increase in shares outstanding).
お知らせ • Aug 19Telechips Inc. (KOSDAQ:A054450) announces an Equity Buyback for KRW 4,000 million worth of its shares.Telechips Inc. (KOSDAQ:A054450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its common stock, pursuant to a contract with SAMSUNG SECURITIES CO., LTD. The purpose of the program is Stock price stabilization and shareholder value enhancement. The program will end on February 18, 2024. As of August 17, 2023, the company had 191,962 shares in treasury within the scope available for dividend and 975 shares in treasury through other repurchase.
New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 35% per year for the foreseeable future. High level of non-cash earnings (89% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩22,850, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 172% over the past three years.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩21,700, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 185% over the past three years.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩18,090, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 134% over the past three years.
Reported Earnings • Mar 26Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩3,480 (up from ₩559 in FY 2021). Revenue: ₩150.4b (up 10% from FY 2021). Net income: ₩45.9b (up ₩38.9b from FY 2021). Profit margin: 31% (up from 5.2% in FY 2021). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩14,620, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 33% over the past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩120 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 2.8% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Byongdeok Choi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩13,200, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 5.1% over the past three years.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩19,200, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 62% over the past three years.
Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩154.5m to ₩166.9m. EPS estimate increased from ₩1,017 to ₩1,243 per share. Net income forecast to grow 139% next year vs 31% growth forecast for Semiconductor industry in South Korea. Consensus price target of ₩23,000 unchanged from last update. Share price rose 4.7% to ₩17,750 over the past week.
Price Target Changed • Apr 27Price target increased to ₩23,000Up from ₩21,000, the current price target is provided by 1 analyst. New target price is 28% above last closing price of ₩18,000. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of ₩1,017 for next year compared to ₩559 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Seokcheol Kee was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 20Full year 2020 earnings released: ₩749 loss per share (vs ₩663 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ₩100.7b (down 24% from FY 2019). Net loss: ₩9.41b (down 213% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 17New 90-day high: ₩21,300The company is up 64% from its price of ₩13,000 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 33% over the same period.
分析記事 • Feb 14Know This Before Buying Telechips Inc. (KOSDAQ:054450) For Its DividendIs Telechips Inc. ( KOSDAQ:054450 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
お知らせ • Jan 15Telechips Inc. announced that it has received KRW 20 billion in funding from KB Securities Co., Ltd., Samsung Securities Co., Ltd.On January 14, 2021, Telechips Inc. (KOSDAQ:A054450) closed the transaction.
お知らせ • Jan 13Telechips Inc. announced that it expects to receive KRW 20 billion in funding from KB Securities Co., Ltd., Samsung Securities Co., Ltd.Telechips Inc. (KOSDAQ:A054450) announced a private placement of round 1 bearer-type interest-bearing private convertible bonds for the gross proceeds of KRW 20,000,000,000 on January 12, 2021. The transaction will include participation from new investors KB Securities Co., Ltd. and Samsung Securities Co., Ltd. (KOSE:A016360) for KRW 10,000,000,000 each. The bonds carry a coupon rate of 0% and interest rate to maturity of 0%. The maturity date of bonds is January 14, 2026. The bonds are 100% convertible into 1,159,554 shares of the company representing stake of 8.45% at a conversion price of KRW 17,248 per share. The conversion period will start from January 14, 2022 and end on December 14, 2025. The payment and subscription date is January 14, 2021. The bonds carry a hold period of one year from the date of issue.
Is New 90 Day High Low • Jan 11New 90-day high: ₩17,750The company is up 7.0% from its price of ₩16,550 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 43% over the same period.
分析記事 • Jan 10Is Telechips Inc.'s (KOSDAQ:054450) Shareholder Ownership Skewed Towards Insiders?The big shareholder groups in Telechips Inc. ( KOSDAQ:054450 ) have power over the company. Insiders often own a large...
分析記事 • Dec 15Are Telechips Inc. (KOSDAQ:054450) Investors Paying Above The Intrinsic Value?Today we will run through one way of estimating the intrinsic value of Telechips Inc. ( KOSDAQ:054450 ) by taking the...
Is New 90 Day High Low • Sep 25New 90-day high: ₩11,300The company is up 44% from its price of ₩7,830 on 26 June 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩8,886 per share.
