MPI（6223）株式概要MPIコーポレーションは、その子会社とともに、台湾、中国、シンガポール、韓国、米国、および国際的な半導体製造プロセスおよび検査装置の製造、加工、保守、輸出入、取引を行っている。 詳細6223 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長6/6過去の実績5/6財務の健全性5/6配当金0/6報酬収益は年間50.48%増加すると予測されています 過去1年間で収益は39.7%増加しました リスク分析高いレベルの非現金収入 TW市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る6223 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 ValueNT$Current PriceNT$5.96k67.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0100b2016201920222025202620282031Revenue NT$100.1bEarnings NT$25.5bAdvancedSet Fair ValueView all narrativesMPI Corporation 競合他社WinWay TechnologySymbol: TWSE:6515Market cap: NT$312.3bGlobalWafersSymbol: TPEX:6488Market cap: NT$485.3bKinsus Interconnect TechnologySymbol: TWSE:3189Market cap: NT$384.1bHon. PrecisionSymbol: TWSE:7769Market cap: NT$1.5t価格と性能株価の高値、安値、推移の概要MPI過去の株価現在の株価NT$5,960.0052週高値NT$6,665.0052週安値NT$756.00ベータ1.271ヶ月の変化21.02%3ヶ月変化112.86%1年変化649.69%3年間の変化3,534.15%5年間の変化5,393.09%IPOからの変化22,664.93%最新ニュースReported Earnings • May 14First quarter 2026 earnings released: EPS: NT$12.00 (vs NT$7.71 in 1Q 2025)First quarter 2026 results: EPS: NT$12.00 (up from NT$7.71 in 1Q 2025). Revenue: NT$3.93b (up 39% from 1Q 2025). Net income: NT$1.23b (up 69% from 1Q 2025). Profit margin: 31% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 254% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • May 12Price target increased by 7.0% to NT$4,863Up from NT$4,543, the current price target is an average from 10 analysts. New target price is 11% below last closing price of NT$5,480. Stock is up 715% over the past year. The company is forecast to post earnings per share of NT$59.20 for next year compared to NT$33.53 last year.Price Target Changed • Apr 09Price target increased by 11% to NT$4,214Up from NT$3,788, the current price target is an average from 9 analysts. New target price is 5.7% below last closing price of NT$4,470. Stock is up 723% over the past year. The company is forecast to post earnings per share of NT$58.94 for next year compared to NT$33.52 last year.お知らせ • Mar 12MPI Corporation, Annual General Meeting, Jun 17, 2026MPI Corporation, Annual General Meeting, Jun 17, 2026. Location: no,11, huan k`o 1st rd., jhubei city, hsinchu county TaiwanReported Earnings • Mar 12Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$33.52 (up from NT$24.47 in FY 2024). Revenue: NT$13.4b (up 32% from FY 2024). Net income: NT$3.18b (up 38% from FY 2024). Profit margin: 24% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 213% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Feb 05Price target increased by 7.2% to NT$2,805Up from NT$2,616, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$2,765. Stock is up 236% over the past year. The company is forecast to post earnings per share of NT$33.03 for next year compared to NT$24.47 last year.最新情報をもっと見るRecent updatesReported Earnings • May 14First quarter 2026 earnings released: EPS: NT$12.00 (vs NT$7.71 in 1Q 2025)First quarter 2026 results: EPS: NT$12.00 (up from NT$7.71 in 1Q 2025). Revenue: NT$3.93b (up 39% from 1Q 2025). Net income: NT$1.23b (up 69% from 1Q 2025). Profit margin: 31% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 254% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • May 12Price target increased by 7.0% to NT$4,863Up from NT$4,543, the current price target is an average from 10 analysts. New target price is 11% below last closing price of NT$5,480. Stock is up 715% over the past year. The company is forecast to post earnings per share of NT$59.20 for next year compared to NT$33.53 last year.Price Target Changed • Apr 09Price target increased by 11% to NT$4,214Up from NT$3,788, the current price target is an average from 9 analysts. New target price is 5.7% below last closing price of NT$4,470. Stock is up 723% over the past year. The company is forecast to post earnings per share of NT$58.94 for next year compared to NT$33.52 last year.お知らせ • Mar 12MPI Corporation, Annual General Meeting, Jun 17, 2026MPI Corporation, Annual General Meeting, Jun 17, 2026. Location: no,11, huan k`o 1st rd., jhubei city, hsinchu county TaiwanReported Earnings • Mar 12Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$33.52 (up from NT$24.47 in FY 2024). Revenue: NT$13.4b (up 32% from FY 2024). Net income: NT$3.18b (up 38% from FY 2024). Profit margin: 24% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 213% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Feb 05Price target increased by 7.2% to NT$2,805Up from NT$2,616, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$2,765. Stock is up 236% over the past year. The company is forecast to post earnings per share of NT$33.03 for next year compared to NT$24.47 last year.Price Target Changed • Feb 03Price target increased by 7.5% to NT$2,671Up from NT$2,484, the current price target is an average from 8 analysts. New target price is 6.1% below last closing price of NT$2,845. Stock is up 281% over the past year. The company is forecast to post earnings per share of NT$32.86 for next year compared to NT$24.47 last year.Buy Or Sell Opportunity • Jan 27Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to NT$2,730. The fair value is estimated to be NT$2,197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 91% in 2 years. Earnings are forecast to grow by 109% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$2,090, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,773% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,238 per share.お知らせ • Nov 20MPI Corporation (TPEX:6223) agreed to acquire Focus Microwaves Inc. for $28 million.MPI Corporation (TPEX:6223) agreed to acquire Focus Microwaves Inc. for $28 million on November 17, 2025. A cash consideration of $28 million will be paid by MPI Corporation. As part of consideration, $28 million is paid towards common equity of Focus Microwaves Inc. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board of MPI Corporation. Sheng-Chang Liu of EVEREST CPA & Co. acted as accountant for MPI Corporation.Price Target Changed • Nov 12Price target increased by 7.3% to NT$2,191Up from NT$2,041, the current price target is an average from 7 analysts. New target price is 27% above last closing price of NT$1,720. Stock is up 111% over the past year. The company is forecast to post earnings per share of NT$32.49 for next year compared to NT$24.47 last year.Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 36% to NT$1,720. The fair value is estimated to be NT$2,197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 78% in 2 years. Earnings are forecast to grow by 105% in the next 2 years.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$9.30 (vs NT$6.91 in 3Q 2024)Third quarter 2025 results: EPS: NT$9.30 (up from NT$6.91 in 3Q 2024). Revenue: NT$3.41b (up 25% from 3Q 2024). Net income: NT$877.1m (up 35% from 3Q 2024). Profit margin: 26% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 166% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$2,100, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2,402% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,839 per share.New Risk • Oct 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Price Target Changed • Sep 26Price target increased by 8.7% to NT$1,712Up from NT$1,575, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of NT$1,655. Stock is up 118% over the past year. The company is forecast to post earnings per share of NT$32.42 for next year compared to NT$24.47 last year.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$1,690, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2,050% over the past three years.Price Target Changed • Sep 08Price target increased by 19% to NT$1,575Up from NT$1,328, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of NT$1,525. Stock is up 105% over the past year. The company is forecast to post earnings per share of NT$32.42 for next year compared to NT$24.47 last year.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$1,305, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,336% over the past three years.Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: NT$6.67 (up from NT$5.76 in 2Q 2024). Revenue: NT$3.29b (up 38% from 2Q 2024). Net income: NT$630.6m (up 16% from 2Q 2024). Profit margin: 19% (down from 23% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 134% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Aug 14Price target increased by 14% to NT$1,303Up from NT$1,142, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of NT$1,260. Stock is up 89% over the past year. The company is forecast to post earnings per share of NT$32.66 for next year compared to NT$24.47 last year.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,155, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,162% over the past three years.Upcoming Dividend • Jul 03Upcoming dividend of NT$16.01 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.2%).Declared Dividend • Jun 13Dividend increased to NT$16.00Dividend of NT$16.00 is 113% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 38%. Cash payout ratio: 29%.Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$793, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 755% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$420 per share.Reported Earnings • May 10First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$7.68 (up from NT$4.22 in 1Q 2024). Revenue: NT$2.83b (up 38% from 1Q 2024). Net income: NT$726.5m (up 83% from 1Q 2024). Profit margin: 26% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01MPI Corporation to Report Q1, 2025 Results on May 09, 2025MPI Corporation announced that they will report Q1, 2025 results on May 09, 2025Price Target Changed • Apr 15Price target decreased by 8.4% to NT$855Down from NT$933, the current price target is an average from 4 analysts. New target price is 33% above last closing price of NT$645. Stock is up 71% over the past year. The company is forecast to post earnings per share of NT$30.54 for next year compared to NT$24.47 last year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$549, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 540% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$352 per share.Reported Earnings • Mar 15Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$24.47 (up from NT$14.02 in FY 2023). Revenue: NT$10.2b (up 25% from FY 2023). Net income: NT$2.31b (up 75% from FY 2023). Profit margin: 23% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 14MPI Corporation, Annual General Meeting, Jun 11, 2025MPI Corporation, Annual General Meeting, Jun 11, 2025, at 10:00 Taipei Standard Time. Location: no,11, huan k`o 1st rd., jhubei city, hsinchu county Taiwanお知らせ • Mar 05MPI Corporation to Report Fiscal Year 2024 Results on Mar 12, 2025MPI Corporation announced that they will report fiscal year 2024 results on Mar 12, 2025Price Target Changed • Mar 03Price target increased by 11% to NT$986Up from NT$890, the current price target is an average from 4 analysts. New target price is 36% above last closing price of NT$725. Stock is up 118% over the past year. The company is forecast to post earnings per share of NT$24.09 for next year compared to NT$14.02 last year.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$741, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 641% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$533 per share.New Risk • Jan 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$895, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 796% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$516 per share.Reported Earnings • Nov 17Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: NT$6.89 (up from NT$4.40 in 3Q 2023). Revenue: NT$2.73b (up 27% from 3Q 2023). Net income: NT$651.3m (up 57% from 3Q 2023). Profit margin: 24% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 14Price target increased by 12% to NT$788Up from NT$701, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$814. Stock is up 260% over the past year. The company is forecast to post earnings per share of NT$22.90 for next year compared to NT$14.02 last year.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$693, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 381% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$513 per share.Buy Or Sell Opportunity • Aug 14Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to NT$648. The fair value is estimated to be NT$516, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 20% in a year. Earnings are forecast to grow by 35% in the next year.Reported Earnings • Aug 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$5.76 (up from NT$3.67 in 2Q 2023). Revenue: NT$2.39b (up 19% from 2Q 2023). Net income: NT$542.7m (up 57% from 2Q 2023). Profit margin: 23% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Aug 14Price target increased by 10% to NT$610Up from NT$552, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$591. Stock is up 198% over the past year. The company is forecast to post earnings per share of NT$22.28 for next year compared to NT$14.02 last year.お知らせ • Aug 06MPI Corporation to Report Q2, 2024 Results on Aug 13, 2024MPI Corporation announced that they will report Q2, 2024 results on Aug 13, 2024Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$620, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 362% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$293 per share.Price Target Changed • Jul 08Price target increased by 13% to NT$577Up from NT$513, the current price target is an average from 4 analysts. New target price is 5.1% above last closing price of NT$549. Stock is up 216% over the past year. The company is forecast to post earnings per share of NT$18.54 for next year compared to NT$14.02 last year.Declared Dividend • Jun 27Dividend increased to NT$7.50Dividend of NT$7.50 is 7.1% higher than last year. Ex-date: 11th July 2024 Payment date: 2nd August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$509, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 428% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$282 per share.Reported Earnings • May 18First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$4.18 (up from NT$3.01 in 1Q 2023). Revenue: NT$2.05b (up 15% from 1Q 2023). Net income: NT$397.6m (up 40% from 1Q 2023). Profit margin: 19% (up from 16% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • May 11Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$9.23b to NT$9.58b. EPS estimate increased from NT$14.75 to NT$17.08 per share. Net income forecast to grow 22% next year vs 30% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$404 to NT$499. Share price rose 5.9% to NT$431 over the past week.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$408, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 269% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$198 per share.Reported Earnings • Apr 02Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$13.92 (up from NT$12.89 in FY 2022). Revenue: NT$8.15b (up 9.5% from FY 2022). Net income: NT$1.32b (up 8.8% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (123% cash payout ratio).お知らせ • Mar 08MPI Corporation, Annual General Meeting, Jun 13, 2024MPI Corporation, Annual General Meeting, Jun 13, 2024. Location: Conference Hall, Chang Yih Hi-Tech Industrial Park No. 11, Huanke 1st Rd, Zhubei Hsinchu County Taiwan Agenda: To consider 2023 Operating report; to consider audit Committee's report of the 2023 audited financial reports; to consider 2023 distributable compensation for employees and directors; to consider the 2023 Earnings Distribution of cash dividends; to consider 2023 Financial Statements; to consider 2023 Dividend payout; and to consider other matters.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$328, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$4.40 (up from NT$3.88 in 3Q 2022). Revenue: NT$2.15b (up 11% from 3Q 2022). Net income: NT$414.2m (up 13% from 3Q 2022). Profit margin: 19% (in line with 3Q 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$215, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$241 per share.Buying Opportunity • Oct 19Now 21% undervaluedOver the last 90 days, the stock is up 3.7%. The fair value is estimated to be NT$245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 6.7% in a year. Earnings is forecast to grow by 5.8% in the next year.Buying Opportunity • Aug 26Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 6.7% in a year. Earnings is forecast to grow by 5.8% in the next year.Reported Earnings • Aug 11Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$3.66 (up from NT$3.21 in 2Q 2022). Revenue: NT$2.02b (up 7.1% from 2Q 2022). Net income: NT$345.3m (up 14% from 2Q 2022). Profit margin: 17% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).Buying Opportunity • Aug 10Now 24% undervaluedOver the last 90 days, the stock is up 37%. The fair value is estimated to be NT$247, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 6.5% in a year. Earnings is forecast to grow by 1.1% in the next year.Upcoming Dividend • Jul 06Upcoming dividend of NT$7.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).Reported Earnings • Jun 20First quarter 2023 earnings released: EPS: NT$2.98 (vs NT$3.26 in 1Q 2022)First quarter 2023 results: EPS: NT$2.98 (down from NT$3.26 in 1Q 2022). Revenue: NT$1.78b (up 3.7% from 1Q 2022). Net income: NT$280.4m (down 8.4% from 1Q 2022). Profit margin: 16% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 16MPI Corporation Announces Board ChangesMPI Corporation at the AGM held on June 15, 2023, elected MPI Investment Co. Representative-Brian GreenDirector and MPI Investment Co. Representative-Steve Chen as directors.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$143, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 211% over the past three years.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$127, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 96% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Da-Ying Liao was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$3.21 (vs NT$1.70 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.21 (up from NT$1.70 in 2Q 2021). Revenue: NT$1.88b (up 20% from 2Q 2021). Net income: NT$301.8m (up 92% from 2Q 2021). Profit margin: 16% (up from 10.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.Upcoming Dividend • Jul 07Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.1%).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$77.50, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.お知らせ • Jun 16MPI Corporation Announces Cash Dividend, Payable on August 5, 2022MPI Corporation announced cash dividend of TWD 376,313,520(TWD 4 Per share), With an Ex-dividend date of July 14, 2022, record date of July 20, 2022 and payment date for distribution August 5, 2022.Reported Earnings • May 14First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$3.25 (up from NT$1.50 in 1Q 2021). Revenue: NT$1.72b (up 21% from 1Q 2021). Net income: NT$306.2m (up 121% from 1Q 2021). Profit margin: 18% (up from 9.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Da-Ying Liao was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$7.44 (down from NT$8.41 in FY 2020). Revenue: NT$6.51b (up 9.8% from FY 2020). Net income: NT$693.9m (down 2.9% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS NT$1.88 (vs NT$2.50 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.64b (up 9.1% from 3Q 2020). Net income: NT$176.9m (down 20% from 3Q 2020). Profit margin: 11% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$158, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 153% over the past three years.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.69 (vs NT$2.78 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.58b (up 1.5% from 2Q 2020). Net income: NT$157.4m (down 29% from 2Q 2020). Profit margin: 10.0% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$169, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 161% over the past three years.Upcoming Dividend • Jul 05Upcoming dividend of NT$4.47 per shareEligible shareholders must have bought the stock before 12 July 2021. Payment date: 06 August 2021. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$125, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 98% over the past three years.Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$1.50 (vs NT$1.80 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings, although profit margins were flat and revenues improved. First quarter 2021 results: Revenue: NT$1.42b (up 4.7% from 1Q 2020). Net income: NT$138.5m (down 3.6% from 1Q 2020). Profit margin: 9.7% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 52% 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 • May 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$115, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 133% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$140, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 152% over the past three years.Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$8.41 (vs NT$5.36 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.93b (up 7.4% from FY 2019). Net income: NT$714.5m (up 67% from FY 2019). Profit margin: 12% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$108, the stock is trading at a trailing P/E ratio of 12.1x, down from the previous P/E ratio of 14.5x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 67%.Is New 90 Day High Low • Jan 19New 90-day high: NT$128The company is up 32% from its price of NT$96.80 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS NT$2.50The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.51b (up 2.6% from 3Q 2019). Net income: NT$221.1m (up 55% from 3Q 2019). Profit margin: 15% (up from 9.7% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 16New 90-day high: NT$125The company is up 2.0% from its price of NT$122 on 18 August 2020. The Taiwanese market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 5.0% over the same period.株主還元6223TW SemiconductorTW 市場7D-1.2%5.9%5.7%1Y649.7%161.8%108.5%株主還元を見る業界別リターン: 6223過去 1 年間で161.8 % の収益を上げたTW Semiconductor業界を上回りました。リターン対市場: 6223過去 1 年間で108.5 % の収益を上げたTW市場を上回りました。価格変動Is 6223's price volatile compared to industry and market?6223 volatility6223 Average Weekly Movement10.6%Semiconductor Industry Average Movement9.8%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 6223の株価は、 TW市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6223の weekly volatility ( 11% ) は過去 1 年間安定していますが、依然としてTWの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1995n/aScott Kuowww.mpi-corporation.comMPI株式会社は、子会社とともに台湾、中国、シンガポール、韓国、米国および海外で半導体製造プロセスおよび検査装置の製造、加工、保守、輸出入および貿易を行っています。カンチレバー、FCB、EVS、ケストレル、オスプレイのプローブカードを提供。また、オプトエレクトロニクス、半導体、レーザー産業向けに、ポイントテスト、光電測定システム、ソーティング、AOI装置、光センシング、通信、マイクロディスプレイアプリケーション向けに、自動外観検査システム、LED検査システム、デバイス特性評価、パワー、RF、mmW、設計検証、故障解析、ウエハレベル信頼性、シリコンフォトニクス、MEMSテスト、シグナルインテグリティアプリケーション向けに、手動および自動プローブシステム、RFプローブ、熱温度テスト、熱サイクルテストシステムを提供している。また、プローブカードのメンテナンスサービス、半導体機器、電子部品、シリコン集積回路、自動制御機器の輸出入・貿易も行っている。半導体、電気通信、航空宇宙、自動車、電子部品、光ファイバー、その他の業界にサービスを提供している。MPIコーポレーションは1995年に設立され、本社は台湾の竹北にある。もっと見るMPI Corporation 基礎のまとめMPI の収益と売上を時価総額と比較するとどうか。6223 基礎統計学時価総額NT$583.97b収益（TTM）NT$3.68b売上高(TTM)NT$14.48b158.7xPER（株価収益率40.3xP/Sレシオ6223 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6223 損益計算書（TTM）収益NT$14.48b売上原価NT$6.33b売上総利益NT$8.14bその他の費用NT$4.46b収益NT$3.68b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）37.56グロス・マージン56.25%純利益率25.42%有利子負債／自己資本比率17.6%6223 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.3%現在の配当利回り51%配当性向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2026/05/31 01:23終値2026/05/29 00:00収益2026/03/31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MPI Corporation 10 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。16 アナリスト機関S. H. LinAletheia Analyst Network LimitedSkye ChenAletheia Analyst Network LimitedMike YangBofA Global Research13 その他のアナリストを表示
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$12.00 (vs NT$7.71 in 1Q 2025)First quarter 2026 results: EPS: NT$12.00 (up from NT$7.71 in 1Q 2025). Revenue: NT$3.93b (up 39% from 1Q 2025). Net income: NT$1.23b (up 69% from 1Q 2025). Profit margin: 31% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 254% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • May 12Price target increased by 7.0% to NT$4,863Up from NT$4,543, the current price target is an average from 10 analysts. New target price is 11% below last closing price of NT$5,480. Stock is up 715% over the past year. The company is forecast to post earnings per share of NT$59.20 for next year compared to NT$33.53 last year.
Price Target Changed • Apr 09Price target increased by 11% to NT$4,214Up from NT$3,788, the current price target is an average from 9 analysts. New target price is 5.7% below last closing price of NT$4,470. Stock is up 723% over the past year. The company is forecast to post earnings per share of NT$58.94 for next year compared to NT$33.52 last year.
お知らせ • Mar 12MPI Corporation, Annual General Meeting, Jun 17, 2026MPI Corporation, Annual General Meeting, Jun 17, 2026. Location: no,11, huan k`o 1st rd., jhubei city, hsinchu county Taiwan
Reported Earnings • Mar 12Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$33.52 (up from NT$24.47 in FY 2024). Revenue: NT$13.4b (up 32% from FY 2024). Net income: NT$3.18b (up 38% from FY 2024). Profit margin: 24% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 213% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Feb 05Price target increased by 7.2% to NT$2,805Up from NT$2,616, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$2,765. Stock is up 236% over the past year. The company is forecast to post earnings per share of NT$33.03 for next year compared to NT$24.47 last year.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$12.00 (vs NT$7.71 in 1Q 2025)First quarter 2026 results: EPS: NT$12.00 (up from NT$7.71 in 1Q 2025). Revenue: NT$3.93b (up 39% from 1Q 2025). Net income: NT$1.23b (up 69% from 1Q 2025). Profit margin: 31% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 254% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • May 12Price target increased by 7.0% to NT$4,863Up from NT$4,543, the current price target is an average from 10 analysts. New target price is 11% below last closing price of NT$5,480. Stock is up 715% over the past year. The company is forecast to post earnings per share of NT$59.20 for next year compared to NT$33.53 last year.
Price Target Changed • Apr 09Price target increased by 11% to NT$4,214Up from NT$3,788, the current price target is an average from 9 analysts. New target price is 5.7% below last closing price of NT$4,470. Stock is up 723% over the past year. The company is forecast to post earnings per share of NT$58.94 for next year compared to NT$33.52 last year.
お知らせ • Mar 12MPI Corporation, Annual General Meeting, Jun 17, 2026MPI Corporation, Annual General Meeting, Jun 17, 2026. Location: no,11, huan k`o 1st rd., jhubei city, hsinchu county Taiwan
Reported Earnings • Mar 12Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$33.52 (up from NT$24.47 in FY 2024). Revenue: NT$13.4b (up 32% from FY 2024). Net income: NT$3.18b (up 38% from FY 2024). Profit margin: 24% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 213% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Feb 05Price target increased by 7.2% to NT$2,805Up from NT$2,616, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$2,765. Stock is up 236% over the past year. The company is forecast to post earnings per share of NT$33.03 for next year compared to NT$24.47 last year.
Price Target Changed • Feb 03Price target increased by 7.5% to NT$2,671Up from NT$2,484, the current price target is an average from 8 analysts. New target price is 6.1% below last closing price of NT$2,845. Stock is up 281% over the past year. The company is forecast to post earnings per share of NT$32.86 for next year compared to NT$24.47 last year.
Buy Or Sell Opportunity • Jan 27Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to NT$2,730. The fair value is estimated to be NT$2,197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 91% in 2 years. Earnings are forecast to grow by 109% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$2,090, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,773% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,238 per share.
お知らせ • Nov 20MPI Corporation (TPEX:6223) agreed to acquire Focus Microwaves Inc. for $28 million.MPI Corporation (TPEX:6223) agreed to acquire Focus Microwaves Inc. for $28 million on November 17, 2025. A cash consideration of $28 million will be paid by MPI Corporation. As part of consideration, $28 million is paid towards common equity of Focus Microwaves Inc. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board of MPI Corporation. Sheng-Chang Liu of EVEREST CPA & Co. acted as accountant for MPI Corporation.
Price Target Changed • Nov 12Price target increased by 7.3% to NT$2,191Up from NT$2,041, the current price target is an average from 7 analysts. New target price is 27% above last closing price of NT$1,720. Stock is up 111% over the past year. The company is forecast to post earnings per share of NT$32.49 for next year compared to NT$24.47 last year.
Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 36% to NT$1,720. The fair value is estimated to be NT$2,197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 78% in 2 years. Earnings are forecast to grow by 105% in the next 2 years.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$9.30 (vs NT$6.91 in 3Q 2024)Third quarter 2025 results: EPS: NT$9.30 (up from NT$6.91 in 3Q 2024). Revenue: NT$3.41b (up 25% from 3Q 2024). Net income: NT$877.1m (up 35% from 3Q 2024). Profit margin: 26% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 166% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$2,100, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2,402% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,839 per share.
New Risk • Oct 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Price Target Changed • Sep 26Price target increased by 8.7% to NT$1,712Up from NT$1,575, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of NT$1,655. Stock is up 118% over the past year. The company is forecast to post earnings per share of NT$32.42 for next year compared to NT$24.47 last year.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$1,690, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2,050% over the past three years.
Price Target Changed • Sep 08Price target increased by 19% to NT$1,575Up from NT$1,328, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of NT$1,525. Stock is up 105% over the past year. The company is forecast to post earnings per share of NT$32.42 for next year compared to NT$24.47 last year.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$1,305, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,336% over the past three years.
Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: NT$6.67 (up from NT$5.76 in 2Q 2024). Revenue: NT$3.29b (up 38% from 2Q 2024). Net income: NT$630.6m (up 16% from 2Q 2024). Profit margin: 19% (down from 23% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 134% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Aug 14Price target increased by 14% to NT$1,303Up from NT$1,142, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of NT$1,260. Stock is up 89% over the past year. The company is forecast to post earnings per share of NT$32.66 for next year compared to NT$24.47 last year.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,155, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,162% over the past three years.
Upcoming Dividend • Jul 03Upcoming dividend of NT$16.01 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.2%).
Declared Dividend • Jun 13Dividend increased to NT$16.00Dividend of NT$16.00 is 113% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 38%. Cash payout ratio: 29%.
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$793, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 755% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$420 per share.
Reported Earnings • May 10First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$7.68 (up from NT$4.22 in 1Q 2024). Revenue: NT$2.83b (up 38% from 1Q 2024). Net income: NT$726.5m (up 83% from 1Q 2024). Profit margin: 26% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01MPI Corporation to Report Q1, 2025 Results on May 09, 2025MPI Corporation announced that they will report Q1, 2025 results on May 09, 2025
Price Target Changed • Apr 15Price target decreased by 8.4% to NT$855Down from NT$933, the current price target is an average from 4 analysts. New target price is 33% above last closing price of NT$645. Stock is up 71% over the past year. The company is forecast to post earnings per share of NT$30.54 for next year compared to NT$24.47 last year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$549, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 540% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$352 per share.
Reported Earnings • Mar 15Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$24.47 (up from NT$14.02 in FY 2023). Revenue: NT$10.2b (up 25% from FY 2023). Net income: NT$2.31b (up 75% from FY 2023). Profit margin: 23% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 14MPI Corporation, Annual General Meeting, Jun 11, 2025MPI Corporation, Annual General Meeting, Jun 11, 2025, at 10:00 Taipei Standard Time. Location: no,11, huan k`o 1st rd., jhubei city, hsinchu county Taiwan
お知らせ • Mar 05MPI Corporation to Report Fiscal Year 2024 Results on Mar 12, 2025MPI Corporation announced that they will report fiscal year 2024 results on Mar 12, 2025
Price Target Changed • Mar 03Price target increased by 11% to NT$986Up from NT$890, the current price target is an average from 4 analysts. New target price is 36% above last closing price of NT$725. Stock is up 118% over the past year. The company is forecast to post earnings per share of NT$24.09 for next year compared to NT$14.02 last year.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$741, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 641% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$533 per share.
New Risk • Jan 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$895, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 796% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$516 per share.
Reported Earnings • Nov 17Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: NT$6.89 (up from NT$4.40 in 3Q 2023). Revenue: NT$2.73b (up 27% from 3Q 2023). Net income: NT$651.3m (up 57% from 3Q 2023). Profit margin: 24% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 14Price target increased by 12% to NT$788Up from NT$701, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$814. Stock is up 260% over the past year. The company is forecast to post earnings per share of NT$22.90 for next year compared to NT$14.02 last year.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$693, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 381% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$513 per share.
Buy Or Sell Opportunity • Aug 14Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to NT$648. The fair value is estimated to be NT$516, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 20% in a year. Earnings are forecast to grow by 35% in the next year.
Reported Earnings • Aug 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$5.76 (up from NT$3.67 in 2Q 2023). Revenue: NT$2.39b (up 19% from 2Q 2023). Net income: NT$542.7m (up 57% from 2Q 2023). Profit margin: 23% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Aug 14Price target increased by 10% to NT$610Up from NT$552, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$591. Stock is up 198% over the past year. The company is forecast to post earnings per share of NT$22.28 for next year compared to NT$14.02 last year.
お知らせ • Aug 06MPI Corporation to Report Q2, 2024 Results on Aug 13, 2024MPI Corporation announced that they will report Q2, 2024 results on Aug 13, 2024
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$620, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 362% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$293 per share.
Price Target Changed • Jul 08Price target increased by 13% to NT$577Up from NT$513, the current price target is an average from 4 analysts. New target price is 5.1% above last closing price of NT$549. Stock is up 216% over the past year. The company is forecast to post earnings per share of NT$18.54 for next year compared to NT$14.02 last year.
Declared Dividend • Jun 27Dividend increased to NT$7.50Dividend of NT$7.50 is 7.1% higher than last year. Ex-date: 11th July 2024 Payment date: 2nd August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$509, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 428% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$282 per share.
Reported Earnings • May 18First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$4.18 (up from NT$3.01 in 1Q 2023). Revenue: NT$2.05b (up 15% from 1Q 2023). Net income: NT$397.6m (up 40% from 1Q 2023). Profit margin: 19% (up from 16% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • May 11Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$9.23b to NT$9.58b. EPS estimate increased from NT$14.75 to NT$17.08 per share. Net income forecast to grow 22% next year vs 30% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$404 to NT$499. Share price rose 5.9% to NT$431 over the past week.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$408, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 269% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$198 per share.
Reported Earnings • Apr 02Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$13.92 (up from NT$12.89 in FY 2022). Revenue: NT$8.15b (up 9.5% from FY 2022). Net income: NT$1.32b (up 8.8% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (123% cash payout ratio).
お知らせ • Mar 08MPI Corporation, Annual General Meeting, Jun 13, 2024MPI Corporation, Annual General Meeting, Jun 13, 2024. Location: Conference Hall, Chang Yih Hi-Tech Industrial Park No. 11, Huanke 1st Rd, Zhubei Hsinchu County Taiwan Agenda: To consider 2023 Operating report; to consider audit Committee's report of the 2023 audited financial reports; to consider 2023 distributable compensation for employees and directors; to consider the 2023 Earnings Distribution of cash dividends; to consider 2023 Financial Statements; to consider 2023 Dividend payout; and to consider other matters.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$328, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$4.40 (up from NT$3.88 in 3Q 2022). Revenue: NT$2.15b (up 11% from 3Q 2022). Net income: NT$414.2m (up 13% from 3Q 2022). Profit margin: 19% (in line with 3Q 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$215, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$241 per share.
Buying Opportunity • Oct 19Now 21% undervaluedOver the last 90 days, the stock is up 3.7%. The fair value is estimated to be NT$245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 6.7% in a year. Earnings is forecast to grow by 5.8% in the next year.
Buying Opportunity • Aug 26Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 6.7% in a year. Earnings is forecast to grow by 5.8% in the next year.
Reported Earnings • Aug 11Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$3.66 (up from NT$3.21 in 2Q 2022). Revenue: NT$2.02b (up 7.1% from 2Q 2022). Net income: NT$345.3m (up 14% from 2Q 2022). Profit margin: 17% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).
Buying Opportunity • Aug 10Now 24% undervaluedOver the last 90 days, the stock is up 37%. The fair value is estimated to be NT$247, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 6.5% in a year. Earnings is forecast to grow by 1.1% in the next year.
Upcoming Dividend • Jul 06Upcoming dividend of NT$7.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
Reported Earnings • Jun 20First quarter 2023 earnings released: EPS: NT$2.98 (vs NT$3.26 in 1Q 2022)First quarter 2023 results: EPS: NT$2.98 (down from NT$3.26 in 1Q 2022). Revenue: NT$1.78b (up 3.7% from 1Q 2022). Net income: NT$280.4m (down 8.4% from 1Q 2022). Profit margin: 16% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 16MPI Corporation Announces Board ChangesMPI Corporation at the AGM held on June 15, 2023, elected MPI Investment Co. Representative-Brian GreenDirector and MPI Investment Co. Representative-Steve Chen as directors.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$143, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 211% over the past three years.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$127, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 96% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Da-Ying Liao was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$3.21 (vs NT$1.70 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.21 (up from NT$1.70 in 2Q 2021). Revenue: NT$1.88b (up 20% from 2Q 2021). Net income: NT$301.8m (up 92% from 2Q 2021). Profit margin: 16% (up from 10.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
Upcoming Dividend • Jul 07Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.1%).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$77.50, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.
お知らせ • Jun 16MPI Corporation Announces Cash Dividend, Payable on August 5, 2022MPI Corporation announced cash dividend of TWD 376,313,520(TWD 4 Per share), With an Ex-dividend date of July 14, 2022, record date of July 20, 2022 and payment date for distribution August 5, 2022.
Reported Earnings • May 14First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$3.25 (up from NT$1.50 in 1Q 2021). Revenue: NT$1.72b (up 21% from 1Q 2021). Net income: NT$306.2m (up 121% from 1Q 2021). Profit margin: 18% (up from 9.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Da-Ying Liao was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$7.44 (down from NT$8.41 in FY 2020). Revenue: NT$6.51b (up 9.8% from FY 2020). Net income: NT$693.9m (down 2.9% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS NT$1.88 (vs NT$2.50 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.64b (up 9.1% from 3Q 2020). Net income: NT$176.9m (down 20% from 3Q 2020). Profit margin: 11% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$158, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.69 (vs NT$2.78 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.58b (up 1.5% from 2Q 2020). Net income: NT$157.4m (down 29% from 2Q 2020). Profit margin: 10.0% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$169, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 161% over the past three years.
Upcoming Dividend • Jul 05Upcoming dividend of NT$4.47 per shareEligible shareholders must have bought the stock before 12 July 2021. Payment date: 06 August 2021. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$125, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 98% over the past three years.
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$1.50 (vs NT$1.80 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings, although profit margins were flat and revenues improved. First quarter 2021 results: Revenue: NT$1.42b (up 4.7% from 1Q 2020). Net income: NT$138.5m (down 3.6% from 1Q 2020). Profit margin: 9.7% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 52% 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 • May 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$115, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 133% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$140, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 152% over the past three years.
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$8.41 (vs NT$5.36 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.93b (up 7.4% from FY 2019). Net income: NT$714.5m (up 67% from FY 2019). Profit margin: 12% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$108, the stock is trading at a trailing P/E ratio of 12.1x, down from the previous P/E ratio of 14.5x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 67%.
Is New 90 Day High Low • Jan 19New 90-day high: NT$128The company is up 32% from its price of NT$96.80 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.
Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS NT$2.50The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.51b (up 2.6% from 3Q 2019). Net income: NT$221.1m (up 55% from 3Q 2019). Profit margin: 15% (up from 9.7% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 16New 90-day high: NT$125The company is up 2.0% from its price of NT$122 on 18 August 2020. The Taiwanese market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 5.0% over the same period.
