Calitech（6532）株式概要Calitech Co, Ltd.は、台湾、中国本土、シンガポール、アメリカ合衆国、マレーシア、日本、および国際的な半導体、III/V、MEMS、LED、およびディスプレイ産業向けの技術ソリューションを開発しています。 詳細6532 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績5/6財務の健全性6/6配当金3/6報酬株価収益率（ 14.4 x） TW市場（ 21.8 x）を下回っています。過去1年間で収益は54%増加しました リスク分析高いレベルの非現金収入 3.03%の配当はフリーキャッシュフローで十分にカバーされていない 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6532 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$98.9010.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0909m2016201920222025202620282031Revenue NT$908.8mEarnings NT$365.9mAdvancedSet Fair ValueView all narrativesCalitech Co., Ltd. 競合他社Santa Phoenix TechnologySymbol: TPEX:7880Market cap: NT$5.3bSanlien TechnologySymbol: TPEX:5493Market cap: NT$4.0bChen Full InternationalSymbol: TPEX:8383Market cap: NT$6.2bNano Electronics and Micro System TechnologiesSymbol: TWSE:7730Market cap: NT$8.3b価格と性能株価の高値、安値、推移の概要Calitech過去の株価現在の株価NT$98.9052週高値NT$122.5052週安値NT$49.05ベータ0.371ヶ月の変化6.12%3ヶ月変化85.55%1年変化56.24%3年間の変化88.38%5年間の変化130.00%IPOからの変化207.14%最新ニュースReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.84 (vs NT$1.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.84 (down from NT$1.29 in 1Q 2025). Revenue: NT$155.7m (down 19% from 1Q 2025). Net income: NT$31.4m (down 35% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 44x in the Semiconductor industry in Taiwan. Total returns to shareholders of 146% over the past three years.New Risk • Apr 26New 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 9.0% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change).Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$93.20, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$64.10, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 40% over the past three years.New Risk • Mar 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.23b market cap, or US$70.3m).最新情報をもっと見るRecent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.84 (vs NT$1.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.84 (down from NT$1.29 in 1Q 2025). Revenue: NT$155.7m (down 19% from 1Q 2025). Net income: NT$31.4m (down 35% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 44x in the Semiconductor industry in Taiwan. Total returns to shareholders of 146% over the past three years.New Risk • Apr 26New 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 9.0% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change).Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$93.20, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$64.10, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 40% over the past three years.New Risk • Mar 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.23b market cap, or US$70.3m).Reported Earnings • Mar 06Full year 2025 earnings released: EPS: NT$7.31 (vs NT$4.03 in FY 2024)Full year 2025 results: EPS: NT$7.31 (up from NT$4.03 in FY 2024). Revenue: NT$674.9m (down 6.2% from FY 2024). Net income: NT$273.9m (up 82% from FY 2024). Profit margin: 41% (up from 21% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year.お知らせ • Mar 05Calitech Co., Ltd., Annual General Meeting, May 22, 2026Calitech Co., Ltd., Annual General Meeting, May 22, 2026. Location: 1 floor no,77, hsien cheng 8th st., jhubei city, hsinchu county TaiwanValuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$59.10, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past three years.Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: NT$0.97 (vs NT$1.04 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.97 (down from NT$1.04 in 3Q 2024). Revenue: NT$152.9m (down 16% from 3Q 2024). Net income: NT$36.2m (down 6.9% from 3Q 2024). Profit margin: 24% (up from 21% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • Aug 12Second quarter 2025 earnings released: NT$0.007 loss per share (vs NT$0.81 profit in 2Q 2024)Second quarter 2025 results: NT$0.007 loss per share (down from NT$0.81 profit in 2Q 2024). Revenue: NT$163.3m (down 7.2% from 2Q 2024). Net loss: NT$245.0k (down 101% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.New Risk • Jul 14New 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 6.5% 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 (6.5% average weekly change). Market cap is less than US$100m (NT$2.65b market cap, or US$90.7m).Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$68.60, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.Upcoming Dividend • Jun 05Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$1.29 (vs NT$0.86 in 1Q 2024)First quarter 2025 results: EPS: NT$1.29 (up from NT$0.86 in 1Q 2024). Revenue: NT$192.6m (up 15% from 1Q 2024). Net income: NT$48.3m (up 50% from 1Q 2024). Profit margin: 25% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$57.80, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 41% over the past three years.Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$4.03 (vs NT$3.59 in FY 2023)Full year 2024 results: EPS: NT$4.03 (up from NT$3.59 in FY 2023). Revenue: NT$719.5m (up 3.7% from FY 2023). Net income: NT$150.8m (up 13% from FY 2023). Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 06Calitech Co., Ltd., Annual General Meeting, May 22, 2025Calitech Co., Ltd., Annual General Meeting, May 22, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,77, hsien cheng 8th st., jhubei city, hsinchu county TaiwanReported Earnings • Nov 19Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$181.9m (down 6.0% from 3Q 2023). Net income: NT$38.9m (down 13% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$82.40, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 138% over the past three years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.81 (vs NT$0.89 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.81 (down from NT$0.89 in 2Q 2023). Revenue: NT$175.9m (up 3.3% from 2Q 2023). Net income: NT$30.3m (down 9.3% from 2Q 2023). Profit margin: 17% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$56.80, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 58% over the past three years.New Risk • Aug 05New 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 6.8% 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 (6.8% average weekly change). Market cap is less than US$100m (NT$2.28b market cap, or US$70.0m).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$78.00, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 105% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.0%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.86 (vs NT$0.77 in 1Q 2023)First quarter 2024 results: EPS: NT$0.86 (up from NT$0.77 in 1Q 2023). Revenue: NT$166.9m (up 2.5% from 1Q 2023). Net income: NT$32.3m (up 14% from 1Q 2023). Profit margin: 19% (up from 17% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Mar 27Full year 2023 earnings released: EPS: NT$3.59 (vs NT$5.00 in FY 2022)Full year 2023 results: EPS: NT$3.59 (down from NT$5.00 in FY 2022). Revenue: NT$693.8m (up 4.7% from FY 2022). Net income: NT$133.9m (down 26% from FY 2022). Profit margin: 19% (down from 27% in FY 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 only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 09Calitech Co., Ltd., Annual General Meeting, May 24, 2024Calitech Co., Ltd., Annual General Meeting, May 24, 2024.Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$82.00, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 74% over the past three years.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$69.50, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 42% over the past three years.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.89 (vs NT$1.32 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.89 (down from NT$1.32 in 2Q 2022). Revenue: NT$170.4m (up 8.9% from 2Q 2022). Net income: NT$33.4m (down 30% from 2Q 2022). Profit margin: 20% (down from 31% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 20Upcoming dividend of NT$2.69 per share at 4.1% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.1%).New Risk • Jun 09New 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 6.3% 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 Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (NT$2.48b market cap, or US$80.7m).Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$66.20, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total loss to shareholders of 5.6% over the past three years.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$50.70, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total loss to shareholders of 7.5% over the past three years.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$5.00 (vs NT$2.63 in FY 2021)Full year 2022 results: EPS: NT$5.00 (up from NT$2.63 in FY 2021). Revenue: NT$662.8m (up 31% from FY 2021). Net income: NT$180.7m (up 90% from FY 2021). Profit margin: 27% (up from 19% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$53.10, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$1.45 (vs NT$0.79 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.45 (up from NT$0.79 in 3Q 2021). Revenue: NT$179.4m (up 31% from 3Q 2021). Net income: NT$52.2m (up 84% from 3Q 2021). Profit margin: 29% (up from 21% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$49.75, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 72% over the past three years.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$53.40, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 101% over the past three years.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$1.32 (vs NT$0.47 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.32 (up from NT$0.47 in 2Q 2021). Revenue: NT$156.4m (up 34% from 2Q 2021). Net income: NT$47.7m (up 183% from 2Q 2021). Profit margin: 31% (up from 14% 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 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 07Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.1%).Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.05 (vs NT$0.55 in 1Q 2021)First quarter 2022 results: EPS: NT$1.05 (up from NT$0.55 in 1Q 2021). Revenue: NT$131.9m (up 28% from 1Q 2021). Net income: NT$37.8m (up 90% from 1Q 2021). Profit margin: 29% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$62.10, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 140% over the past three years.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$50.50, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 109% over the past three years.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.84 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$137.3m (up 1.6% from 3Q 2020). Net income: NT$28.3m (down 5.7% from 3Q 2020). Profit margin: 21% (down from 22% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.47 (vs NT$1.13 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$116.8m (down 30% from 2Q 2020). Net income: NT$16.8m (down 54% from 2Q 2020). Profit margin: 14% (down from 22% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 16 August 2021. Trailing yield: 4.4%. 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 • May 13Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$40.40, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past three years.Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.55 (vs NT$0.94 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$102.6m (down 25% from 1Q 2020). Net income: NT$19.9m (down 33% from 1Q 2020). Profit margin: 19% (down from 22% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 19Is Calitech Co., Ltd. (GTSM:6532) A Smart Choice For Dividend Investors?Today we'll take a closer look at Calitech Co., Ltd. ( GTSM:6532 ) from a dividend investor's perspective. Owning a...お知らせ • Mar 21Calitech Co., Ltd., Annual General Meeting, Jun 10, 2021Calitech Co., Ltd., Annual General Meeting, Jun 10, 2021.Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$3.06 (vs NT$2.63 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$547.9m (up 20% from FY 2019). Net income: NT$103.4m (up 24% from FY 2019). Profit margin: 19% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 10Will Calitech's (GTSM:6532) Growth In ROCE Persist?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...分析記事 • Feb 16Calitech's (GTSM:6532) Earnings Are Growing But Is There More To The Story?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Feb 10New 90-day low: NT$52.80The company is down 9.0% from its price of NT$57.90 on 12 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 37% over the same period.分析記事 • Jan 28Calitech (GTSM:6532) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Jan 18New 90-day high: NT$65.00The company is up 24% from its price of NT$52.50 on 21 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 32% over the same period.分析記事 • Jan 13Is Calitech Co., Ltd. (GTSM:6532) A Smart Pick For Income Investors?Today we'll take a closer look at Calitech Co., Ltd. ( GTSM:6532 ) from a dividend investor's perspective. Owning a...分析記事 • Dec 29Is Weakness In Calitech Co., Ltd. (GTSM:6532) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?It is hard to get excited after looking at Calitech's (GTSM:6532) recent performance, when its stock has declined 5.8...分析記事 • Dec 10Calitech (GTSM:6532) Has Gifted Shareholders With A Fantastic 186% Total Return On Their InvestmentWhen you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...Is New 90 Day High Low • Dec 08New 90-day high: NT$63.20The company is up 3.0% from its price of NT$61.10 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 22% over the same period.分析記事 • Nov 25Is Calitech (GTSM:6532) A Future Multi-bagger?There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 18% share price gain to NT$57.90, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 133%.Reported Earnings • Nov 09Third quarter 2020 earnings released: EPS NT$0.84The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$135.2m (up 13% from 3Q 2019). Net income: NT$30.1m (up 31% from 3Q 2019). Profit margin: 22% (up from 19% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year.Is New 90 Day High Low • Oct 12New 90-day low: NT$52.30The company is down 33% from its price of NT$78.00 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period.株主還元6532TW SemiconductorTW 市場7D-11.3%-3.2%-3.5%1Y56.2%128.0%83.0%株主還元を見る業界別リターン: 6532過去 1 年間で128 % の収益を上げたTW Semiconductor業界を下回りました。リターン対市場: 6532は、過去 1 年間で83 % のリターンを上げたTW市場を下回りました。価格変動Is 6532's price volatile compared to industry and market?6532 volatility6532 Average Weekly Movement10.8%Semiconductor Industry Average Movement9.6%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 6532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: 6532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1998155Hsuen-Hen Luwww.calitech.com.twCalitech Co., Ltd.は、台湾、中国本土、シンガポール、米国、マレーシア、日本、および国際的な半導体、III/V、MEMS、LED、およびディスプレイ業界向けの技術ソリューションを開発しています。化学機械研磨、エッチング、化学気相成長、物理気相成長などの用途に半導体重要部品を提供している。また、スプレー溶剤ツール、スプレー酸ツール、スピンリンスドライヤーなどのシステムや、半導体およびその他の産業向けの静電チャックも提供している。さらに、電気化学的表面処理、ビーズブラスト、プラズマ溶射、真空ろう付け、精密洗浄、故障解析、検査、その他のサービスも提供している。さらに、コンピュータ機器の設置、電子材料の卸売、工業用プラスチック製品および機械設備の製造、鉄鋼・アルミニウム製品の二次加工、国際貿易活動にも携わり、電子部品も提供している。カリテック株式会社は1987年に設立され、台湾の新竹市に本社を置く。もっと見るCalitech Co., Ltd. 基礎のまとめCalitech の収益と売上を時価総額と比較するとどうか。6532 基礎統計学時価総額NT$3.62b収益（TTM）NT$256.92m売上高(TTM)NT$638.07m14.4xPER（株価収益率5.8xP/Sレシオ6532 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6532 損益計算書（TTM）収益NT$638.07m売上原価NT$409.96m売上総利益NT$228.12mその他の費用-NT$28.80m収益NT$256.92m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）6.86グロス・マージン35.75%純利益率40.26%有利子負債／自己資本比率0%6532 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3.0%現在の配当利回り44%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2026/05/21 13:49終値2026/05/21 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Calitech Co., Ltd. 0 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。2 アナリスト機関Changrong ChenCapital Securities CorporationLiren LiangMasterlink Securities Investment Advisory
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.84 (vs NT$1.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.84 (down from NT$1.29 in 1Q 2025). Revenue: NT$155.7m (down 19% from 1Q 2025). Net income: NT$31.4m (down 35% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 44x in the Semiconductor industry in Taiwan. Total returns to shareholders of 146% over the past three years.
New Risk • Apr 26New 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 9.0% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change).
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$93.20, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$64.10, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 40% over the past three years.
New Risk • Mar 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.23b market cap, or US$70.3m).
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.84 (vs NT$1.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.84 (down from NT$1.29 in 1Q 2025). Revenue: NT$155.7m (down 19% from 1Q 2025). Net income: NT$31.4m (down 35% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 44x in the Semiconductor industry in Taiwan. Total returns to shareholders of 146% over the past three years.
New Risk • Apr 26New 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 9.0% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change).
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$93.20, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$64.10, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 40% over the past three years.
New Risk • Mar 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.23b market cap, or US$70.3m).
Reported Earnings • Mar 06Full year 2025 earnings released: EPS: NT$7.31 (vs NT$4.03 in FY 2024)Full year 2025 results: EPS: NT$7.31 (up from NT$4.03 in FY 2024). Revenue: NT$674.9m (down 6.2% from FY 2024). Net income: NT$273.9m (up 82% from FY 2024). Profit margin: 41% (up from 21% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year.
お知らせ • Mar 05Calitech Co., Ltd., Annual General Meeting, May 22, 2026Calitech Co., Ltd., Annual General Meeting, May 22, 2026. Location: 1 floor no,77, hsien cheng 8th st., jhubei city, hsinchu county Taiwan
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$59.10, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: NT$0.97 (vs NT$1.04 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.97 (down from NT$1.04 in 3Q 2024). Revenue: NT$152.9m (down 16% from 3Q 2024). Net income: NT$36.2m (down 6.9% from 3Q 2024). Profit margin: 24% (up from 21% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • Aug 12Second quarter 2025 earnings released: NT$0.007 loss per share (vs NT$0.81 profit in 2Q 2024)Second quarter 2025 results: NT$0.007 loss per share (down from NT$0.81 profit in 2Q 2024). Revenue: NT$163.3m (down 7.2% from 2Q 2024). Net loss: NT$245.0k (down 101% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
New Risk • Jul 14New 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 6.5% 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 (6.5% average weekly change). Market cap is less than US$100m (NT$2.65b market cap, or US$90.7m).
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$68.60, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Upcoming Dividend • Jun 05Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$1.29 (vs NT$0.86 in 1Q 2024)First quarter 2025 results: EPS: NT$1.29 (up from NT$0.86 in 1Q 2024). Revenue: NT$192.6m (up 15% from 1Q 2024). Net income: NT$48.3m (up 50% from 1Q 2024). Profit margin: 25% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$57.80, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 41% over the past three years.
Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$4.03 (vs NT$3.59 in FY 2023)Full year 2024 results: EPS: NT$4.03 (up from NT$3.59 in FY 2023). Revenue: NT$719.5m (up 3.7% from FY 2023). Net income: NT$150.8m (up 13% from FY 2023). Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 06Calitech Co., Ltd., Annual General Meeting, May 22, 2025Calitech Co., Ltd., Annual General Meeting, May 22, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,77, hsien cheng 8th st., jhubei city, hsinchu county Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$181.9m (down 6.0% from 3Q 2023). Net income: NT$38.9m (down 13% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$82.40, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 138% over the past three years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.81 (vs NT$0.89 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.81 (down from NT$0.89 in 2Q 2023). Revenue: NT$175.9m (up 3.3% from 2Q 2023). Net income: NT$30.3m (down 9.3% from 2Q 2023). Profit margin: 17% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$56.80, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 58% over the past three years.
New Risk • Aug 05New 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 6.8% 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 (6.8% average weekly change). Market cap is less than US$100m (NT$2.28b market cap, or US$70.0m).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$78.00, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 105% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.0%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.86 (vs NT$0.77 in 1Q 2023)First quarter 2024 results: EPS: NT$0.86 (up from NT$0.77 in 1Q 2023). Revenue: NT$166.9m (up 2.5% from 1Q 2023). Net income: NT$32.3m (up 14% from 1Q 2023). Profit margin: 19% (up from 17% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: NT$3.59 (vs NT$5.00 in FY 2022)Full year 2023 results: EPS: NT$3.59 (down from NT$5.00 in FY 2022). Revenue: NT$693.8m (up 4.7% from FY 2022). Net income: NT$133.9m (down 26% from FY 2022). Profit margin: 19% (down from 27% in FY 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 only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 09Calitech Co., Ltd., Annual General Meeting, May 24, 2024Calitech Co., Ltd., Annual General Meeting, May 24, 2024.
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$82.00, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 74% over the past three years.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$69.50, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 42% over the past three years.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.89 (vs NT$1.32 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.89 (down from NT$1.32 in 2Q 2022). Revenue: NT$170.4m (up 8.9% from 2Q 2022). Net income: NT$33.4m (down 30% from 2Q 2022). Profit margin: 20% (down from 31% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 20Upcoming dividend of NT$2.69 per share at 4.1% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.1%).
New Risk • Jun 09New 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 6.3% 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 Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (NT$2.48b market cap, or US$80.7m).
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$66.20, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total loss to shareholders of 5.6% over the past three years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$50.70, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total loss to shareholders of 7.5% over the past three years.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$5.00 (vs NT$2.63 in FY 2021)Full year 2022 results: EPS: NT$5.00 (up from NT$2.63 in FY 2021). Revenue: NT$662.8m (up 31% from FY 2021). Net income: NT$180.7m (up 90% from FY 2021). Profit margin: 27% (up from 19% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$53.10, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$1.45 (vs NT$0.79 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.45 (up from NT$0.79 in 3Q 2021). Revenue: NT$179.4m (up 31% from 3Q 2021). Net income: NT$52.2m (up 84% from 3Q 2021). Profit margin: 29% (up from 21% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$49.75, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 72% over the past three years.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$53.40, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 101% over the past three years.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$1.32 (vs NT$0.47 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.32 (up from NT$0.47 in 2Q 2021). Revenue: NT$156.4m (up 34% from 2Q 2021). Net income: NT$47.7m (up 183% from 2Q 2021). Profit margin: 31% (up from 14% 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 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 07Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.1%).
Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.05 (vs NT$0.55 in 1Q 2021)First quarter 2022 results: EPS: NT$1.05 (up from NT$0.55 in 1Q 2021). Revenue: NT$131.9m (up 28% from 1Q 2021). Net income: NT$37.8m (up 90% from 1Q 2021). Profit margin: 29% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$62.10, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 140% over the past three years.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$50.50, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 109% over the past three years.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.84 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$137.3m (up 1.6% from 3Q 2020). Net income: NT$28.3m (down 5.7% from 3Q 2020). Profit margin: 21% (down from 22% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.47 (vs NT$1.13 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$116.8m (down 30% from 2Q 2020). Net income: NT$16.8m (down 54% from 2Q 2020). Profit margin: 14% (down from 22% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 16 August 2021. Trailing yield: 4.4%. 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 • May 13Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$40.40, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past three years.
Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.55 (vs NT$0.94 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$102.6m (down 25% from 1Q 2020). Net income: NT$19.9m (down 33% from 1Q 2020). Profit margin: 19% (down from 22% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 19Is Calitech Co., Ltd. (GTSM:6532) A Smart Choice For Dividend Investors?Today we'll take a closer look at Calitech Co., Ltd. ( GTSM:6532 ) from a dividend investor's perspective. Owning a...
お知らせ • Mar 21Calitech Co., Ltd., Annual General Meeting, Jun 10, 2021Calitech Co., Ltd., Annual General Meeting, Jun 10, 2021.
Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$3.06 (vs NT$2.63 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$547.9m (up 20% from FY 2019). Net income: NT$103.4m (up 24% from FY 2019). Profit margin: 19% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 10Will Calitech's (GTSM:6532) Growth In ROCE Persist?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
分析記事 • Feb 16Calitech's (GTSM:6532) Earnings Are Growing But Is There More To The Story?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Feb 10New 90-day low: NT$52.80The company is down 9.0% from its price of NT$57.90 on 12 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 37% over the same period.
分析記事 • Jan 28Calitech (GTSM:6532) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Jan 18New 90-day high: NT$65.00The company is up 24% from its price of NT$52.50 on 21 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 32% over the same period.
分析記事 • Jan 13Is Calitech Co., Ltd. (GTSM:6532) A Smart Pick For Income Investors?Today we'll take a closer look at Calitech Co., Ltd. ( GTSM:6532 ) from a dividend investor's perspective. Owning a...
分析記事 • Dec 29Is Weakness In Calitech Co., Ltd. (GTSM:6532) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?It is hard to get excited after looking at Calitech's (GTSM:6532) recent performance, when its stock has declined 5.8...
分析記事 • Dec 10Calitech (GTSM:6532) Has Gifted Shareholders With A Fantastic 186% Total Return On Their InvestmentWhen you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
Is New 90 Day High Low • Dec 08New 90-day high: NT$63.20The company is up 3.0% from its price of NT$61.10 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 22% over the same period.
分析記事 • Nov 25Is Calitech (GTSM:6532) A Future Multi-bagger?There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 18% share price gain to NT$57.90, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 133%.
Reported Earnings • Nov 09Third quarter 2020 earnings released: EPS NT$0.84The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$135.2m (up 13% from 3Q 2019). Net income: NT$30.1m (up 31% from 3Q 2019). Profit margin: 22% (up from 19% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year.
Is New 90 Day High Low • Oct 12New 90-day low: NT$52.30The company is down 33% from its price of NT$78.00 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period.
