Feedback Technology（8091）株式概要Feedback Technology Corp.は、台湾で半導体、LCD、LED、医療、航空宇宙産業向けの部品を製造・販売している。 詳細8091 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4/6財務の健全性5/6配当金3/6報酬株価収益率（ 33.7 x）は、 Semiconductor業界平均（ 39.3 x）を下回っています。過去1年間で収益は11.6%増加しました リスク分析1.84%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 すべてのリスクチェックを見る8091 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$245.0014.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture03b2016201920222025202620282031Revenue NT$3.3bEarnings NT$531.7mAdvancedSet Fair ValueView all narrativesFeedback Technology Corp. 競合他社GEM ServicesSymbol: TWSE:6525Market cap: NT$14.6bYoungtek ElectronicsSymbol: TPEX:6261Market cap: NT$14.7bEris TechnologySymbol: TPEX:3675Market cap: NT$16.5bRichWave TechnologySymbol: TWSE:4968Market cap: NT$10.4b価格と性能株価の高値、安値、推移の概要Feedback Technology過去の株価現在の株価NT$245.0052週高値NT$271.0052週安値NT$99.50ベータ0.811ヶ月の変化29.97%3ヶ月変化84.91%1年変化125.81%3年間の変化157.89%5年間の変化296.44%IPOからの変化502.05%最新ニュースReported Earnings • 20hFirst quarter 2026 earnings released: EPS: NT$2.56 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$2.56 (up from NT$1.20 in 1Q 2025). Revenue: NT$651.6m (up 38% from 1Q 2025). Net income: NT$131.8m (up 108% from 1Q 2025). Profit margin: 20% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. 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 38% per year, which means it is well ahead of earnings.New Risk • May 18New 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 9.3% 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: Minor Risks Dividend is not well covered by cash flows (194% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$237, the stock trades at a trailing P/E ratio of 39.9x. Average forward P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 219% over the past three years.Reported Earnings • Mar 26Full year 2025 earnings released: EPS: NT$5.89 (vs NT$7.50 in FY 2024)Full year 2025 results: EPS: NT$5.89 (down from NT$7.50 in FY 2024). Revenue: NT$2.14b (up 6.8% from FY 2024). Net income: NT$305.3m (down 19% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$155, the stock trades at a trailing P/E ratio of 26.9x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 112% over the past three years.Price Target Changed • Mar 20Price target increased by 21% to NT$169Up from NT$140, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$136. The company posted earnings per share of NT$7.50 last year.最新情報をもっと見るRecent updatesReported Earnings • 20hFirst quarter 2026 earnings released: EPS: NT$2.56 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$2.56 (up from NT$1.20 in 1Q 2025). Revenue: NT$651.6m (up 38% from 1Q 2025). Net income: NT$131.8m (up 108% from 1Q 2025). Profit margin: 20% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. 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 38% per year, which means it is well ahead of earnings.New Risk • May 18New 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 9.3% 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: Minor Risks Dividend is not well covered by cash flows (194% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$237, the stock trades at a trailing P/E ratio of 39.9x. Average forward P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 219% over the past three years.Reported Earnings • Mar 26Full year 2025 earnings released: EPS: NT$5.89 (vs NT$7.50 in FY 2024)Full year 2025 results: EPS: NT$5.89 (down from NT$7.50 in FY 2024). Revenue: NT$2.14b (up 6.8% from FY 2024). Net income: NT$305.3m (down 19% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$155, the stock trades at a trailing P/E ratio of 26.9x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 112% over the past three years.Price Target Changed • Mar 20Price target increased by 21% to NT$169Up from NT$140, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$136. The company posted earnings per share of NT$7.50 last year.お知らせ • Mar 17Feedback Technology Corp., Annual General Meeting, Jun 16, 2026Feedback Technology Corp., Annual General Meeting, Jun 16, 2026. Location: 4 floor no,221, niu p`u s. rd., hsinchu city TaiwanBuy Or Sell Opportunity • Mar 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$137. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%.Buy Or Sell Opportunity • Feb 24Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$146. The fair value is estimated to be NT$116, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%.Buy Or Sell Opportunity • Jan 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to NT$138. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$2.04 (vs NT$1.76 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.04 (up from NT$1.76 in 3Q 2024). Revenue: NT$558.2m (up 8.2% from 3Q 2024). Net income: NT$104.6m (up 16% from 3Q 2024). Profit margin: 19% (up from 18% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% 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 fallen by 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$118, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 76% over the past three years.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.74 (vs NT$1.93 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.74 (down from NT$1.93 in 2Q 2024). Revenue: NT$550.8m (up 6.6% from 2Q 2024). Net income: NT$38.3m (down 59% from 2Q 2024). Profit margin: 6.9% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.New Risk • May 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 138% Dividend yield: 7.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.20 (vs NT$2.17 in 1Q 2024)First quarter 2025 results: EPS: NT$1.20 (down from NT$2.17 in 1Q 2024). Revenue: NT$472.2m (down 2.1% from 1Q 2024). Net income: NT$63.4m (down 39% from 1Q 2024). Profit margin: 13% (down from 22% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 09Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 16 April 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (2.7%).Declared Dividend • Mar 20Dividend increased to NT$8.00Dividend of NT$8.00 is 33% higher than last year. Ex-date: 16th April 2025 Payment date: 20th May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (87% earnings payout ratio) but not covered by cash flows (167% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 17Feedback Technology Corp., Annual General Meeting, Jun 16, 2025Feedback Technology Corp., Annual General Meeting, Jun 16, 2025. Location: 4 floor no,221, niu p`u s. rd., hsinchu city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.76 (vs NT$1.77 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.76. Revenue: NT$515.9m (up 17% from 3Q 2023). Net income: NT$90.4m (up 6.5% from 3Q 2023). Profit margin: 18% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses.New Risk • Oct 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.93 (vs NT$1.85 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.93 (up from NT$1.85 in 2Q 2023). Revenue: NT$517.0m (up 10.0% from 2Q 2023). Net income: NT$92.5m (up 4.4% from 2Q 2023). Profit margin: 18% (down from 19% 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 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.7% average weekly change).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$2.17 (vs NT$1.36 in 1Q 2023)First quarter 2024 results: EPS: NT$2.17 (up from NT$1.36 in 1Q 2023). Revenue: NT$482.4m (up 12% from 1Q 2023). Net income: NT$104.0m (up 65% from 1Q 2023). Profit margin: 22% (up from 15% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 10Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 17 April 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.3%).お知らせ • Mar 29Feedback Technology Corp., Annual General Meeting, Jun 17, 2024Feedback Technology Corp., Annual General Meeting, Jun 17, 2024.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: NT$5.98 (vs NT$9.83 in FY 2022)Full year 2023 results: EPS: NT$5.98 (down from NT$9.83 in FY 2022). Revenue: NT$1.81b (down 9.6% from FY 2022). Net income: NT$284.7m (down 36% from FY 2022). Profit margin: 16% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year.Buy Or Sell Opportunity • Jan 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to NT$92.20. The fair value is estimated to be NT$76.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$1.85 (vs NT$2.27 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.85 (down from NT$2.27 in 2Q 2022). Revenue: NT$470.1m (down 1.8% from 2Q 2022). Net income: NT$88.6m (down 13% from 2Q 2022). Profit margin: 19% (down from 21% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$7.00 per share at 7.4% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 10 August 2023. Payout ratio and cash payout ratio are on the higher end at 78% and 75% respectively. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.3%).Buying Opportunity • Apr 20Now 22% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be NT$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 46%.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$105, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 141% over the past three years.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$93.80, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 71% over the past three years.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). VP & Director Willy Lee was the last director to join the board, commencing their role in 2021. 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 13Third quarter 2022 earnings released: EPS: NT$3.64 (vs NT$2.10 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.64 (up from NT$2.10 in 3Q 2021). Revenue: NT$529.8m (up 18% from 3Q 2021). Net income: NT$166.0m (up 75% from 3Q 2021). Profit margin: 31% (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 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.27 (vs NT$0.84 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.27 (up from NT$0.84 in 2Q 2021). Revenue: NT$478.9m (up 39% from 2Q 2021). Net income: NT$102.3m (up 168% from 2Q 2021). Profit margin: 21% (up from 11% 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 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$3.91 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 16 August 2022. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.8%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.16 (vs NT$0.65 in 1Q 2021)First quarter 2022 results: EPS: NT$2.16 (up from NT$0.65 in 1Q 2021). Revenue: NT$475.1m (up 40% from 1Q 2021). Net income: NT$96.2m (up 225% from 1Q 2021). Profit margin: 20% (up from 8.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). VP & Director Willy Lee was the last director to join the board, commencing their role in 2021. 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 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$78.00, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 21% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$2.10 (vs NT$0.65 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$450.6m (up 42% from 3Q 2020). Net income: NT$95.1m (up 232% from 3Q 2020). Profit margin: 21% (up from 9.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.84 (vs NT$1.95 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$343.5m (down 2.2% from 2Q 2020). Net income: NT$38.2m (down 55% from 2Q 2020). Profit margin: 11% (down from 24% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 11Upcoming dividend of NT$2.58 per shareEligible shareholders must have bought the stock before 18 August 2021. Payment date: 08 September 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (2.1%).Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.40 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$338.9m (up 5.3% from 1Q 2020). Net income: NT$29.6m (up 71% from 1Q 2020). Profit margin: 8.7% (up from 5.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$59.50, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 38% over the past three years.Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$4.00 (vs NT$3.30 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.31b (up 9.4% from FY 2019). Net income: NT$176.9m (up 21% from FY 2019). Profit margin: 14% (up from 12% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.分析記事 • Mar 24Feedback Technology (GTSM:8091) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Feb 17Investors In Feedback Technology Corp. (GTSM:8091) Should Consider This, FirstDividend paying stocks like Feedback Technology Corp. ( GTSM:8091 ) tend to be popular with investors, and for good...Is New 90 Day High Low • Feb 01New 90-day low: NT$66.60The company is down 2.0% from its price of NT$68.20 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.分析記事 • Jan 29Does Feedback Technology Corp.'s (GTSM:8091) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?Feedback Technology's (GTSM:8091) stock is up by 4.8% over the past three months. However, its weak financial...分析記事 • Jan 14Are Feedback Technology's (GTSM:8091) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...分析記事 • Dec 17The Returns At Feedback Technology (GTSM:8091) Provide Us With Signs Of What's To ComeWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Is New 90 Day High Low • Dec 03New 90-day high: NT$75.20The company is up 1.0% from its price of NT$74.60 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period.分析記事 • Dec 02How Much Did Feedback Technology's(GTSM:8091) Shareholders Earn From Share Price Movements Over The Last Three Years?Feedback Technology Corp. ( GTSM:8091 ) shareholders should be happy to see the share price up 13% in the last month...分析記事 • Nov 17How Does Feedback Technology Corp. (GTSM:8091) Fare As A Dividend Stock?Today we'll take a closer look at Feedback Technology Corp. (GTSM:8091) from a dividend investor's perspective. Owning...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.65The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$317.1m (up 9.4% from 3Q 2019). Net income: NT$28.7m (down 41% from 3Q 2019). Profit margin: 9.0% (down from 17% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 31New 90-day low: NT$66.10The company is down 17% from its price of NT$79.70 on 31 July 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 1.0% over the same period.株主還元8091TW SemiconductorTW 市場7D13.7%-3.2%-3.5%1Y125.8%128.0%83.0%株主還元を見る業界別リターン: 8091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: 8091過去 1 年間で83 % の収益を上げたTW市場を上回りました。価格変動Is 8091's price volatile compared to industry and market?8091 volatility8091 Average Weekly Movement9.3%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: 8091 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 8091の 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1991n/aJerry Wuwww.feedback.com.tw台湾で半導体、液晶、LED、医療、航空宇宙産業向け部品を製造・販売。イオン注入装置、シリコン/石英、ステンレス/AI部品などの高精度加工を提供。また、ゾーンコントローラーボックス、クライオポンプ修理およびEチャック修理/オーバーホール、HOT N2ヒーターシステム、メカトロニクスエンジニアリングサービス、PTFEヒーティングジャケット、シリコンラバーヒーティングジャケット、タッチパネルコントローラーボックス、ターボポンプ修理/オーバーホールなどの統合サービスも提供している。また、ヘリウムリークディテクター、MVマルチトラップ、ピュアロンガスフィルター、SiCコーティングサセプター、縦型炉用シリコンボート、無電解ニッケルメッキ、光学コーティング、陽極酸化製品も提供している。同社は1991年に設立され、台湾の新竹市に本社を置く。もっと見るFeedback Technology Corp. 基礎のまとめFeedback Technology の収益と売上を時価総額と比較するとどうか。8091 基礎統計学時価総額NT$13.01b収益（TTM）NT$373.64m売上高(TTM)NT$2.32b33.7xPER（株価収益率5.4xP/Sレシオ8091 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8091 損益計算書（TTM）収益NT$2.32b売上原価NT$1.47b売上総利益NT$849.84mその他の費用NT$476.20m収益NT$373.64m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）7.28グロス・マージン36.66%純利益率16.12%有利子負債／自己資本比率24.7%8091 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1.8%現在の配当利回り62%配当性向8091 配当は確実ですか？8091 配当履歴とベンチマークを見る8091 、いつまでに購入すれば配当金を受け取れますか？Feedback Technology 配当日配当落ち日Jun 16 2026配当支払日Jul 15 2026配当落ちまでの日数25 days配当支払日までの日数54 days8091 配当は確実ですか？8091 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 14:29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Feedback Technology Corp. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Liren LiangMasterlink Securities Investment AdvisoryYen Chun WangSinoPac Securities Investment Service
Reported Earnings • 20hFirst quarter 2026 earnings released: EPS: NT$2.56 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$2.56 (up from NT$1.20 in 1Q 2025). Revenue: NT$651.6m (up 38% from 1Q 2025). Net income: NT$131.8m (up 108% from 1Q 2025). Profit margin: 20% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. 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 38% per year, which means it is well ahead of earnings.
New Risk • May 18New 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 9.3% 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: Minor Risks Dividend is not well covered by cash flows (194% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$237, the stock trades at a trailing P/E ratio of 39.9x. Average forward P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 219% over the past three years.
Reported Earnings • Mar 26Full year 2025 earnings released: EPS: NT$5.89 (vs NT$7.50 in FY 2024)Full year 2025 results: EPS: NT$5.89 (down from NT$7.50 in FY 2024). Revenue: NT$2.14b (up 6.8% from FY 2024). Net income: NT$305.3m (down 19% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$155, the stock trades at a trailing P/E ratio of 26.9x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 112% over the past three years.
Price Target Changed • Mar 20Price target increased by 21% to NT$169Up from NT$140, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$136. The company posted earnings per share of NT$7.50 last year.
Reported Earnings • 20hFirst quarter 2026 earnings released: EPS: NT$2.56 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$2.56 (up from NT$1.20 in 1Q 2025). Revenue: NT$651.6m (up 38% from 1Q 2025). Net income: NT$131.8m (up 108% from 1Q 2025). Profit margin: 20% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. 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 38% per year, which means it is well ahead of earnings.
New Risk • May 18New 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 9.3% 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: Minor Risks Dividend is not well covered by cash flows (194% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$237, the stock trades at a trailing P/E ratio of 39.9x. Average forward P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 219% over the past three years.
Reported Earnings • Mar 26Full year 2025 earnings released: EPS: NT$5.89 (vs NT$7.50 in FY 2024)Full year 2025 results: EPS: NT$5.89 (down from NT$7.50 in FY 2024). Revenue: NT$2.14b (up 6.8% from FY 2024). Net income: NT$305.3m (down 19% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$155, the stock trades at a trailing P/E ratio of 26.9x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 112% over the past three years.
Price Target Changed • Mar 20Price target increased by 21% to NT$169Up from NT$140, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$136. The company posted earnings per share of NT$7.50 last year.
お知らせ • Mar 17Feedback Technology Corp., Annual General Meeting, Jun 16, 2026Feedback Technology Corp., Annual General Meeting, Jun 16, 2026. Location: 4 floor no,221, niu p`u s. rd., hsinchu city Taiwan
Buy Or Sell Opportunity • Mar 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$137. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%.
Buy Or Sell Opportunity • Feb 24Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$146. The fair value is estimated to be NT$116, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%.
Buy Or Sell Opportunity • Jan 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to NT$138. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$2.04 (vs NT$1.76 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.04 (up from NT$1.76 in 3Q 2024). Revenue: NT$558.2m (up 8.2% from 3Q 2024). Net income: NT$104.6m (up 16% from 3Q 2024). Profit margin: 19% (up from 18% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% 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 fallen by 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$118, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.74 (vs NT$1.93 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.74 (down from NT$1.93 in 2Q 2024). Revenue: NT$550.8m (up 6.6% from 2Q 2024). Net income: NT$38.3m (down 59% from 2Q 2024). Profit margin: 6.9% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
New Risk • May 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 138% Dividend yield: 7.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.20 (vs NT$2.17 in 1Q 2024)First quarter 2025 results: EPS: NT$1.20 (down from NT$2.17 in 1Q 2024). Revenue: NT$472.2m (down 2.1% from 1Q 2024). Net income: NT$63.4m (down 39% from 1Q 2024). Profit margin: 13% (down from 22% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 09Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 16 April 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (2.7%).
Declared Dividend • Mar 20Dividend increased to NT$8.00Dividend of NT$8.00 is 33% higher than last year. Ex-date: 16th April 2025 Payment date: 20th May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (87% earnings payout ratio) but not covered by cash flows (167% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 17Feedback Technology Corp., Annual General Meeting, Jun 16, 2025Feedback Technology Corp., Annual General Meeting, Jun 16, 2025. Location: 4 floor no,221, niu p`u s. rd., hsinchu city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.76 (vs NT$1.77 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.76. Revenue: NT$515.9m (up 17% from 3Q 2023). Net income: NT$90.4m (up 6.5% from 3Q 2023). Profit margin: 18% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses.
New Risk • Oct 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.93 (vs NT$1.85 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.93 (up from NT$1.85 in 2Q 2023). Revenue: NT$517.0m (up 10.0% from 2Q 2023). Net income: NT$92.5m (up 4.4% from 2Q 2023). Profit margin: 18% (down from 19% 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 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.7% average weekly change).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$2.17 (vs NT$1.36 in 1Q 2023)First quarter 2024 results: EPS: NT$2.17 (up from NT$1.36 in 1Q 2023). Revenue: NT$482.4m (up 12% from 1Q 2023). Net income: NT$104.0m (up 65% from 1Q 2023). Profit margin: 22% (up from 15% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 10Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 17 April 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.3%).
お知らせ • Mar 29Feedback Technology Corp., Annual General Meeting, Jun 17, 2024Feedback Technology Corp., Annual General Meeting, Jun 17, 2024.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: NT$5.98 (vs NT$9.83 in FY 2022)Full year 2023 results: EPS: NT$5.98 (down from NT$9.83 in FY 2022). Revenue: NT$1.81b (down 9.6% from FY 2022). Net income: NT$284.7m (down 36% from FY 2022). Profit margin: 16% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year.
Buy Or Sell Opportunity • Jan 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to NT$92.20. The fair value is estimated to be NT$76.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$1.85 (vs NT$2.27 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.85 (down from NT$2.27 in 2Q 2022). Revenue: NT$470.1m (down 1.8% from 2Q 2022). Net income: NT$88.6m (down 13% from 2Q 2022). Profit margin: 19% (down from 21% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$7.00 per share at 7.4% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 10 August 2023. Payout ratio and cash payout ratio are on the higher end at 78% and 75% respectively. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.3%).
Buying Opportunity • Apr 20Now 22% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be NT$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 46%.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$105, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 141% over the past three years.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$93.80, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). VP & Director Willy Lee was the last director to join the board, commencing their role in 2021. 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 13Third quarter 2022 earnings released: EPS: NT$3.64 (vs NT$2.10 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.64 (up from NT$2.10 in 3Q 2021). Revenue: NT$529.8m (up 18% from 3Q 2021). Net income: NT$166.0m (up 75% from 3Q 2021). Profit margin: 31% (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 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.27 (vs NT$0.84 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.27 (up from NT$0.84 in 2Q 2021). Revenue: NT$478.9m (up 39% from 2Q 2021). Net income: NT$102.3m (up 168% from 2Q 2021). Profit margin: 21% (up from 11% 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 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$3.91 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 16 August 2022. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.8%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.16 (vs NT$0.65 in 1Q 2021)First quarter 2022 results: EPS: NT$2.16 (up from NT$0.65 in 1Q 2021). Revenue: NT$475.1m (up 40% from 1Q 2021). Net income: NT$96.2m (up 225% from 1Q 2021). Profit margin: 20% (up from 8.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). VP & Director Willy Lee was the last director to join the board, commencing their role in 2021. 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 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$78.00, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$2.10 (vs NT$0.65 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$450.6m (up 42% from 3Q 2020). Net income: NT$95.1m (up 232% from 3Q 2020). Profit margin: 21% (up from 9.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.84 (vs NT$1.95 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$343.5m (down 2.2% from 2Q 2020). Net income: NT$38.2m (down 55% from 2Q 2020). Profit margin: 11% (down from 24% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 11Upcoming dividend of NT$2.58 per shareEligible shareholders must have bought the stock before 18 August 2021. Payment date: 08 September 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (2.1%).
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.40 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$338.9m (up 5.3% from 1Q 2020). Net income: NT$29.6m (up 71% from 1Q 2020). Profit margin: 8.7% (up from 5.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$59.50, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 38% over the past three years.
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$4.00 (vs NT$3.30 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.31b (up 9.4% from FY 2019). Net income: NT$176.9m (up 21% from FY 2019). Profit margin: 14% (up from 12% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 24Feedback Technology (GTSM:8091) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Feb 17Investors In Feedback Technology Corp. (GTSM:8091) Should Consider This, FirstDividend paying stocks like Feedback Technology Corp. ( GTSM:8091 ) tend to be popular with investors, and for good...
Is New 90 Day High Low • Feb 01New 90-day low: NT$66.60The company is down 2.0% from its price of NT$68.20 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.
分析記事 • Jan 29Does Feedback Technology Corp.'s (GTSM:8091) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?Feedback Technology's (GTSM:8091) stock is up by 4.8% over the past three months. However, its weak financial...
分析記事 • Jan 14Are Feedback Technology's (GTSM:8091) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
分析記事 • Dec 17The Returns At Feedback Technology (GTSM:8091) Provide Us With Signs Of What's To ComeWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Is New 90 Day High Low • Dec 03New 90-day high: NT$75.20The company is up 1.0% from its price of NT$74.60 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period.
分析記事 • Dec 02How Much Did Feedback Technology's(GTSM:8091) Shareholders Earn From Share Price Movements Over The Last Three Years?Feedback Technology Corp. ( GTSM:8091 ) shareholders should be happy to see the share price up 13% in the last month...
分析記事 • Nov 17How Does Feedback Technology Corp. (GTSM:8091) Fare As A Dividend Stock?Today we'll take a closer look at Feedback Technology Corp. (GTSM:8091) from a dividend investor's perspective. Owning...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.65The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$317.1m (up 9.4% from 3Q 2019). Net income: NT$28.7m (down 41% from 3Q 2019). Profit margin: 9.0% (down from 17% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 31New 90-day low: NT$66.10The company is down 17% from its price of NT$79.70 on 31 July 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 1.0% over the same period.
