View ValuationSDI 将来の成長Future 基準チェック /36SDI利益と収益がそれぞれ年間45.3%と16.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に16.1% 43.2%なると予測されています。主要情報45.3%収益成長率43.21%EPS成長率Semiconductor 収益成長25.8%収益成長率16.6%将来の株主資本利益率16.15%アナリストカバレッジLow最終更新日09 Jun 2026今後の成長に関する最新情報Major Estimate Revision • May 08Consensus EPS estimates increase by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$11.8b to NT$12.2b. EPS estimate increased from NT$4.31 to NT$5.50 per share. Net income forecast to grow 230% next year vs 55% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$106 to NT$126. Share price rose 19% to NT$183 over the past week.Major Estimate Revision • Apr 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$12.3b to NT$11.8b. EPS estimate also fell from NT$5.08 per share to NT$4.31 per share. Net income forecast to grow 159% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$106 unchanged from last update. Share price rose 15% to NT$109 over the past week.Price Target Changed • Jan 28Price target increased by 12% to NT$90.75Up from NT$80.75, the current price target is an average from 4 analysts. New target price is 5.8% below last closing price of NT$96.30. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$1.52 for next year compared to NT$3.71 last year.Major Estimate Revision • Oct 28Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from NT$11.2b to NT$10.9b. EPS estimate rose from NT$2.79 to NT$3.20. Net income forecast to grow 99% next year vs 27% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$80.75 unchanged from last update. Share price rose 12% to NT$94.80 over the past week.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 53%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$2.53 to NT$1.18 per share. Revenue forecast steady at NT$10.7b. Net income forecast to shrink 42% next year vs 20% growth forecast for Semiconductor industry in Taiwan . Consensus price target of NT$81.00 unchanged from last update. Share price fell 4.2% to NT$77.50 over the past week.Major Estimate Revision • Aug 06Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$3.20 to NT$2.53 per share. Revenue forecast steady at NT$10.6b. Net income forecast to shrink 8.6% next year vs 18% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$81.00. Share price fell 3.7% to NT$75.90 over the past week.すべての更新を表示Recent updatesNew Risk • Jun 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.9% net profit margin).Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$175, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 52% over the past three years.Declared Dividend • May 23Dividend reduced to NT$1.10Dividend of NT$1.10 is 56% lower than last year. Ex-date: 4th August 2026 Payment date: 31st August 2026 Dividend yield will be 0.6%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 49%. Cash payout ratio: 62%.Reported Earnings • May 19First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$1.22 (up from NT$0.62 in 1Q 2025). Revenue: NT$2.81b (up 11% from 1Q 2025). Net income: NT$221.7m (up 97% from 1Q 2025). Profit margin: 7.9% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Major Estimate Revision • May 08Consensus EPS estimates increase by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$11.8b to NT$12.2b. EPS estimate increased from NT$4.31 to NT$5.50 per share. Net income forecast to grow 230% next year vs 55% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$106 to NT$126. Share price rose 19% to NT$183 over the past week.New Risk • Apr 08New 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 8.4% 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 Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin).Major Estimate Revision • Apr 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$12.3b to NT$11.8b. EPS estimate also fell from NT$5.08 per share to NT$4.31 per share. Net income forecast to grow 159% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$106 unchanged from last update. Share price rose 15% to NT$109 over the past week.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$110, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total loss to shareholders of 10.0% over the past three years.Reported Earnings • Mar 13Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$1.66 (down from NT$3.71 in FY 2024). Revenue: NT$10.2b (down 5.2% from FY 2024). Net income: NT$303.2m (down 55% from FY 2024). Profit margin: 3.0% (down from 6.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Mar 04SDI Corporation, Annual General Meeting, May 21, 2026SDI Corporation, Annual General Meeting, May 21, 2026, at 09:30 Taipei Standard Time. Location: no,260, sec.2 chang nan rd., changhua city TaiwanPrice Target Changed • Jan 28Price target increased by 12% to NT$90.75Up from NT$80.75, the current price target is an average from 4 analysts. New target price is 5.8% below last closing price of NT$96.30. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$1.52 for next year compared to NT$3.71 last year.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$89.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.Reported Earnings • Nov 13Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$0.48 (down from NT$0.86 in 3Q 2024). Revenue: NT$2.54b (down 13% from 3Q 2024). Net income: NT$87.4m (down 44% from 3Q 2024). Profit margin: 3.4% (down from 5.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 52%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Oct 28Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from NT$11.2b to NT$10.9b. EPS estimate rose from NT$2.79 to NT$3.20. Net income forecast to grow 99% next year vs 27% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$80.75 unchanged from last update. Share price rose 12% to NT$94.80 over the past week.New Risk • Oct 17New 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 6.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 126% Cash payout ratio: 311% Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin).New Risk • Sep 04New 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 126% Cash payout ratio: 311% Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin).Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$87.80, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$51.02 per share.Reported Earnings • Aug 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.23 loss per share (down from NT$1.20 profit in 2Q 2024). Revenue: NT$2.59b (down 6.8% from 2Q 2024). Net loss: NT$42.4m (down 119% from profit in 2Q 2024). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 53%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$2.53 to NT$1.18 per share. Revenue forecast steady at NT$10.7b. Net income forecast to shrink 42% next year vs 20% growth forecast for Semiconductor industry in Taiwan . Consensus price target of NT$81.00 unchanged from last update. Share price fell 4.2% to NT$77.50 over the past week.Major Estimate Revision • Aug 06Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$3.20 to NT$2.53 per share. Revenue forecast steady at NT$10.6b. Net income forecast to shrink 8.6% next year vs 18% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$81.00. Share price fell 3.7% to NT$75.90 over the past week.Upcoming Dividend • Jul 24Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.1%).New Risk • Jun 17New 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: Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change).Price Target Changed • Jun 06Price target decreased by 15% to NT$80.75Down from NT$94.60, the current price target is an average from 4 analysts. New target price is 14% above last closing price of NT$70.70. Stock is down 53% over the past year. The company is forecast to post earnings per share of NT$3.72 for next year compared to NT$3.71 last year.Declared Dividend • May 31Dividend reduced to NT$2.50Dividend of NT$2.50 is 3.8% lower than last year. Ex-date: 31st July 2025 Payment date: 29th August 2025 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 30SDI Corporation Approves Cash Dividend for the Year 2024, Payable on August 29, 2025SDI Corporation at its shareholders meeting held on May 29, 2025, approved cash dividend of TWD 2.5 per shares, totally TWD 455,350,623 allocated for cash dividend for the year 2024. Ex-rights (ex-dividend) trading date: July 31, 2025, Ex-rights (ex-dividend) record date: August 8, 2025, Payment date of common stock cash dividend distribution: August 29, 2025.Reported Earnings • May 15First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$0.62 (down from NT$0.90 in 1Q 2024). Revenue: NT$2.53b (up 5.8% from 1Q 2024). Net income: NT$112.5m (down 31% from 1Q 2024). Profit margin: 4.5% (down from 6.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year.Price Target Changed • May 13Price target decreased by 11% to NT$94.60Down from NT$107, the current price target is an average from 5 analysts. New target price is 27% above last closing price of NT$74.50. Stock is down 32% over the past year. The company is forecast to post earnings per share of NT$3.89 for next year compared to NT$3.71 last year.お知らせ • May 08SDI Corporation (TWSE:2351) agreed to acquire remaining 15.38% stake in Chao Shin Metal Industrial Corp. for TWD 47.5 million.SDI Corporation (TWSE:2351) agreed to acquire remaining 15.38% stake in Chao Shin Metal Industrial Corp. for TWD 47.5 million on May 7, 2025. Upon completion, SDI Corporation will own 100% stake in Chao Shin Metal Industrial Corp. SDI Corporation will use its own funds for the transaction. The transaction is subject to approval of offer by acquirer board. The expected completion of the transaction is by June 30, 2025. H.Y. CPA Firm acted as accountant for SDI Corporation.お知らせ • Apr 30SDI Corporation to Report Q1, 2025 Results on May 07, 2025SDI Corporation announced that they will report Q1, 2025 results on May 07, 2025New Risk • Apr 07New 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).Valuation Update With 7 Day Price Move • Apr 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$83.10, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$36.70 per share.Reported Earnings • Mar 13Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: NT$3.71 (down from NT$4.08 in FY 2023). Revenue: NT$10.8b (flat on FY 2023). Net income: NT$675.1m (down 9.1% from FY 2023). Profit margin: 6.2% (down from 6.8% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year.お知らせ • Feb 27SDI Corporation, Annual General Meeting, May 29, 2025SDI Corporation, Annual General Meeting, May 29, 2025. Location: no,260, sec.2 chang nan rd., changhua city Taiwanお知らせ • Feb 19SDI Corporation to Report Q4, 2024 Results on Feb 26, 2025SDI Corporation announced that they will report Q4, 2024 results on Feb 26, 2025Buy Or Sell Opportunity • Jan 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to NT$86.10. The fair value is estimated to be NT$108, however this is not to be taken as a buy 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 9.8%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 69% in the next 2 years.Major Estimate Revision • Dec 09Consensus EPS estimates increase by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$10.8b to NT$11.4b. EPS estimate increased from NT$3.86 to NT$4.92 per share. Net income forecast to grow 41% next year vs 31% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$132 unchanged from last update. Share price was steady at NT$99.70 over the past week.Reported Earnings • Nov 13Third quarter 2024 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2024 results: EPS: NT$0.86 (down from NT$1.14 in 3Q 2023). Revenue: NT$2.91b (up 5.7% from 3Q 2023). Net income: NT$156.7m (down 25% from 3Q 2023). Profit margin: 5.4% (down from 7.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Nov 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$11.3b to NT$10.9b. EPS estimate also fell from NT$4.82 per share to NT$4.11 per share. Net income forecast to grow 30% next year vs 30% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$164 to NT$150. Share price fell 15% to NT$103 over the past week.New Risk • Nov 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Nov 06What You Can Learn From SDI Corporation's (TWSE:2351) P/E After Its 29% Share Price CrashSDI Corporation ( TWSE:2351 ) shares have had a horrible month, losing 29% after a relatively good period beforehand...Valuation Update With 7 Day Price Move • Nov 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$102, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$108 per share.Price Target Changed • Nov 05Price target decreased by 8.9% to NT$150Down from NT$164, the current price target is an average from 6 analysts. New target price is 37% above last closing price of NT$109. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of NT$4.34 for next year compared to NT$4.08 last year.お知らせ • Oct 25SDI Corporation to Report Q3, 2024 Results on Nov 01, 2024SDI Corporation announced that they will report Q3, 2024 results on Nov 01, 2024分析記事 • Oct 15Here's What To Make Of SDI's (TWSE:2351) Decelerating Rates Of ReturnThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$152, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$150 per share.Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Lan Ying Huang was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$140, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$130 per share.Reported Earnings • Aug 11Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: NT$1.20 (up from NT$1.11 in 2Q 2023). Revenue: NT$2.78b (down 1.4% from 2Q 2023). Net income: NT$218.8m (up 8.0% from 2Q 2023). Profit margin: 7.9% (up from 7.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.Buy Or Sell Opportunity • Jul 30Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$122. The fair value is estimated to be NT$98.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 4.3%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.Upcoming Dividend • Jul 25Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.0%).お知らせ • Jul 25SDI Corporation to Report Q2, 2024 Results on Aug 02, 2024SDI Corporation announced that they will report Q2, 2024 results on Aug 02, 2024分析記事 • Jul 22SDI (TWSE:2351) Is Paying Out Less In Dividends Than Last YearSDI Corporation's ( TWSE:2351 ) dividend is being reduced from last year's payment covering the same period to NT$2.60...分析記事 • Jul 18Is Now The Time To Look At Buying SDI Corporation (TWSE:2351)?SDI Corporation ( TWSE:2351 ), might not be a large cap stock, but it led the TWSE gainers with a relatively large...Price Target Changed • Jun 28Price target increased by 9.8% to NT$141Up from NT$128, the current price target is an average from 4 analysts. New target price is 9.8% above last closing price of NT$128. Stock is down 1.5% over the past year. The company is forecast to post earnings per share of NT$5.01 for next year compared to NT$4.08 last year.分析記事 • Jun 19SDI (TWSE:2351) Is Paying Out Less In Dividends Than Last YearSDI Corporation ( TWSE:2351 ) is reducing its dividend from last year's comparable payment to NT$2.60 on the 30th of...Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$138, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$68.82 per share.Board Change • Jun 08Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Lan Ying Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$144, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$75.40 per share.分析記事 • Jun 02SDI's (TWSE:2351) Shareholders Will Receive A Smaller Dividend Than Last YearSDI Corporation ( TWSE:2351 ) has announced that on 30th of August, it will be paying a dividend ofNT$2.60, which a...お知らせ • Jun 01+ 2 more updatesSDI Corporation Announces Cash Dividends for the Year 2023, Payable on August 30, 2024SDI Corporation announced cash dividends for 2023 earnings distribution plan: Type and monetary amount of common stock dividend distribution of TWD 2.6 of cash dividend per shares; totally TWD 473,564,647 allocated for cash dividend. Ex-rights (ex-dividend) trading date is August 1, 2024. Ex-rights (ex-dividend) record date is August 9, 2024. The payment date of common stock cash dividend distribution is August 30, 2024.お知らせ • May 31SDI Corporation Announces Remuneration Committee ChangesSDI Corporation announced board resolution to appoint members of the sixth term of remuneration committee: Name of the previous position holder: Independent Director: Wen-i Chiang; Independent Director: Kuo-tsao Tseng; Independent Director: Tsung-ting Chung. Resume of the previous position holder: Independent Director: Wen-i Chiang(CPA); Independent Director: Kuo-tsao Tseng(CPA); Independent Director: Tsung-ting Chung(PhD in International Relations from Denver University, USA Professor in Business Management Department, National Yunlin Technology University). Name of the new position holder: Independent Director: Tsung-ting Chung; Independent Director: Kuo-tsao Tseng; Independent Director: Lan-ying Huang. Resume of the new position holder: Independent Director: Tsung-ting Chung(PhD in International Relations from Denver University, USA Professor in Business Management Department, National Yunlin Technology University); Independent Director: Kuo-tsao Tseng (CPA); Independent Director: Lan-ying Huang (Professor in Department of Business Administration, National Changhua University of Education). Effective date of the new member is May 30, 2024.分析記事 • May 22SDI Corporation's (TWSE:2351) 26% Jump Shows Its Popularity With InvestorsSDI Corporation ( TWSE:2351 ) shareholders would be excited to see that the share price has had a great month, posting...Reported Earnings • May 15First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$0.90 (down from NT$1.21 in 1Q 2023). Revenue: NT$2.39b (down 11% from 1Q 2023). Net income: NT$164.0m (down 26% from 1Q 2023). Profit margin: 6.9% (down from 8.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28SDI Corporation to Report Q1, 2024 Results on May 03, 2024SDI Corporation announced that they will report Q1, 2024 results on May 03, 2024Major Estimate Revision • Mar 22Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$11.7b to NT$11.1b. EPS estimate also fell from NT$4.82 per share to NT$4.21 per share. Net income forecast to grow 3.3% next year vs 24% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$122 to NT$117. Share price was steady at NT$98.60 over the past week.Reported Earnings • Mar 08Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$4.08 (down from NT$5.16 in FY 2022). Revenue: NT$10.9b (down 7.4% from FY 2022). Net income: NT$742.8m (down 21% from FY 2022). Profit margin: 6.8% (down from 8.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 24SDI Corporation, Annual General Meeting, May 30, 2024SDI Corporation, Annual General Meeting, May 30, 2024. Location: Conference Room of SDI Building (3F,No.260, Sec. 2 Chang Nan Road) Chang Hua Taiwan Agenda: To consider the 2023 operation results; to consider the audit committee review opinions on 2023 annual final accounting books and statements; to consider the distribution of Remuneration to Employees and Directors of 2023; to consider Collection of 2023 remuneration to the directors; to consider the adoption of the 2023 annual Business Report and Financial Statements; to consider the adoption of the 2023 Earnings Distribution; to approve the amendments to the articles of Incorporation; to approve the amendments to rules of Procedure for Shareholders Meetings; to consider the election of Directors including Independent Directors; and to consider the release the prohibition on directors from participation in competition businesses.Price Target Changed • Nov 23Price target increased by 7.5% to NT$119Up from NT$110, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$118. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$4.43 for next year compared to NT$5.16 last year.Price Target Changed • Nov 22Price target increased by 13% to NT$117Up from NT$104, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$118. Stock is up 22% over the past year. The company is forecast to post earnings per share of NT$4.50 for next year compared to NT$5.16 last year.Reported Earnings • Nov 11Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$1.14 (down from NT$1.41 in 3Q 2022). Revenue: NT$2.75b (down 8.3% from 3Q 2022). Net income: NT$208.0m (down 19% from 3Q 2022). Profit margin: 7.6% (down from 8.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.11 (down from NT$1.54 in 2Q 2022). Revenue: NT$2.82b (down 8.5% from 2Q 2022). Net income: NT$202.6m (down 28% from 2Q 2022). Profit margin: 7.2% (down from 9.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 35%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 27Upcoming dividend of NT$3.20 per share at 3.0% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.2%).Valuation Update With 7 Day Price Move • Jul 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$107, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 132% over the past three years.Major Estimate Revision • Jul 19Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$11.9b to NT$11.1b. EPS estimate also fell from NT$5.53 per share to NT$4.31 per share. Net income forecast to shrink 10% next year vs 14% decline forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$142 to NT$115. Share price fell 14% to NT$112 over the past week.Reported Earnings • Jul 13First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: NT$1.21 (down from NT$1.38 in 1Q 2022). Revenue: NT$2.69b (down 3.8% from 1Q 2022). Net income: NT$221.0m (down 12% from 1Q 2022). Profit margin: 8.2% (down from 9.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 38% per year.お知らせ • May 31Sdi Corporation Announces Cash Dividend for the Year 2022, Payable on August 31, 2023SDI Corporation announced Company's ex-dividend record date of cash dividends for 2022 earnings distribution plan. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 30, 2023. Type and monetary amount of dividend distribution: TWD 3.2 of cash dividend per shares; totally TWD 582,848,797 allocated for cash dividend. Ex-rights (ex-dividend) trading date: August 3, 2023. Ex-rights (ex-dividend) record date: August 10, 2023. Payment date of cash dividend distribution: August 31, 2023.Price Target Changed • Mar 24Price target increased by 9.2% to NT$149Up from NT$137, the current price target is an average from 4 analysts. New target price is 12% above last closing price of NT$134. Stock is down 6.3% over the past year. The company is forecast to post earnings per share of NT$6.57 for next year compared to NT$5.16 last year.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$48.23 per share.Price Target Changed • Nov 16Price target decreased to NT$130Down from NT$142, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$103. Stock is down 41% over the past year. The company is forecast to post earnings per share of NT$5.40 for next year compared to NT$4.68 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kuo-Tsao Tseng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$1.41 (up from NT$1.30 in 3Q 2021). Revenue: NT$3.00b (up 3.4% from 3Q 2021). Net income: NT$256.0m (up 8.0% from 3Q 2021). Profit margin: 8.5% (up from 8.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 11Price target decreased to NT$130Down from NT$142, the current price target is an average from 4 analysts. New target price is 38% above last closing price of NT$94.00. Stock is down 41% over the past year. The company is forecast to post earnings per share of NT$5.40 for next year compared to NT$4.68 last year.Buying Opportunity • Oct 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$121, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 48% in the next 2 years.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$114, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$137 per share.Buying Opportunity • Sep 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 50% in the next 2 years.Reported Earnings • Aug 13Second quarter 2022 earnings: EPS in line with expectations, revenues disappointSecond quarter 2022 results: EPS: NT$1.54 (up from NT$1.23 in 2Q 2021). Revenue: NT$3.09b (up 12% from 2Q 2021). Net income: NT$280.2m (up 25% from 2Q 2021). Profit margin: 9.1% (up from 8.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 27Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 03 August 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$110, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 9x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$176 per share.Price Target Changed • Jul 08Price target decreased to NT$138Down from NT$161, the current price target is an average from 4 analysts. New target price is 42% above last closing price of NT$97.10. Stock is down 35% over the past year. The company is forecast to post earnings per share of NT$6.14 for next year compared to NT$4.68 last year.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to NT$106, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Semiconductor industry in Taiwan. Total returns to shareholders of 75% over the past three years.Buying Opportunity • Jun 14Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be NT$182, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 8.8%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.お知らせ • May 28SDI Corporation Announces Cash Dividend for the Year 2021SDI Corporation announced Company's ex-dividend record date of cash dividends for 2021 earnings distribution plan. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 27, 2022. Type and monetary amount of dividend distribution: TWD 3 of cash dividend per shares; totally TWD 546,420,747 allocated for cash dividend. Ex-rights (ex-dividend) trading date: August 3, 2022. Ex-rights (ex-dividend) record date: August 9, 2022.Board Change • May 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kuo-Tsao Tseng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測TWSE:2351 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202817,6941,8067261,626112/31/202713,9551,2934891,405412/31/202612,264871-92837243/31/202610,5264123221,301N/A12/31/202510,2473033161,284N/A9/30/202510,4002933431,128N/A6/30/202510,762363147924N/A3/31/202510,9526243381,010N/A12/31/202410,8156755831,190N/A9/30/202410,6776514901,069N/A6/30/202410,5207027411,224N/A3/31/202410,5606869361,554N/A12/31/202310,8577431,0211,726N/A9/30/202311,1067841,5142,250N/A6/30/202311,3558321,7742,585N/A3/31/202311,6179101,5192,304N/A12/31/202211,7249411,1691,996N/A9/30/202211,9119941481,238N/A6/30/202211,814975-709542N/A3/31/202211,492919-1,069204N/A12/31/202111,153852-680521N/A9/30/202110,448784-85816N/A6/30/20219,679640213941N/A3/31/20218,9634865231,098N/A12/31/20208,4513495661,067N/A9/30/20208,2742666061,131N/A6/30/20208,2722997601,177N/A3/31/20208,5123866731,140N/A12/31/20198,839492N/A1,028N/A9/30/20199,251641N/A1,018N/A6/30/20199,867742N/A1,313N/A3/31/201910,269828N/A1,713N/A12/31/201810,416829N/A1,635N/A9/30/201810,270794N/A1,512N/A6/30/20189,992780N/A1,259N/A3/31/20189,705716N/A1,014N/A12/31/20179,581716N/A771N/A9/30/20179,406750N/A1,004N/A6/30/20179,245728N/A1,048N/A3/31/20179,036728N/A1,245N/A12/31/20168,806728N/A1,507N/A9/30/20168,627631N/A1,773N/A6/30/20168,477638N/A1,835N/A3/31/20168,636581N/A1,794N/A12/31/20158,793575N/A1,647N/A9/30/20159,138670N/A1,284N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2351の予測収益成長率 (年間45.3% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: 2351の収益 ( 45.3% ) はTW市場 ( 25.9% ) よりも速いペースで成長すると予測されています。高成長収益: 2351の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 2351の収益 ( 16.6% ) TW市場 ( 19.9% ) よりも低い成長が予測されています。高い収益成長: 2351の収益 ( 16.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2351の 自己資本利益率 は、3年後には低くなると予測されています ( 16.1 %)。成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance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2026/07/17 14:27終値2026/07/17 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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SDI Corporation 4 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。10 アナリスト機関Sam KaoCLSA SinopacHelen ChienDaiwa Securities Co. Ltd.null nullKGI Securities Co. Ltd.7 その他のアナリストを表示
Major Estimate Revision • May 08Consensus EPS estimates increase by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$11.8b to NT$12.2b. EPS estimate increased from NT$4.31 to NT$5.50 per share. Net income forecast to grow 230% next year vs 55% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$106 to NT$126. Share price rose 19% to NT$183 over the past week.
Major Estimate Revision • Apr 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$12.3b to NT$11.8b. EPS estimate also fell from NT$5.08 per share to NT$4.31 per share. Net income forecast to grow 159% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$106 unchanged from last update. Share price rose 15% to NT$109 over the past week.
Price Target Changed • Jan 28Price target increased by 12% to NT$90.75Up from NT$80.75, the current price target is an average from 4 analysts. New target price is 5.8% below last closing price of NT$96.30. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$1.52 for next year compared to NT$3.71 last year.
Major Estimate Revision • Oct 28Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from NT$11.2b to NT$10.9b. EPS estimate rose from NT$2.79 to NT$3.20. Net income forecast to grow 99% next year vs 27% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$80.75 unchanged from last update. Share price rose 12% to NT$94.80 over the past week.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 53%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$2.53 to NT$1.18 per share. Revenue forecast steady at NT$10.7b. Net income forecast to shrink 42% next year vs 20% growth forecast for Semiconductor industry in Taiwan . Consensus price target of NT$81.00 unchanged from last update. Share price fell 4.2% to NT$77.50 over the past week.
Major Estimate Revision • Aug 06Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$3.20 to NT$2.53 per share. Revenue forecast steady at NT$10.6b. Net income forecast to shrink 8.6% next year vs 18% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$81.00. Share price fell 3.7% to NT$75.90 over the past week.
New Risk • Jun 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.9% net profit margin).
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$175, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 52% over the past three years.
Declared Dividend • May 23Dividend reduced to NT$1.10Dividend of NT$1.10 is 56% lower than last year. Ex-date: 4th August 2026 Payment date: 31st August 2026 Dividend yield will be 0.6%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 49%. Cash payout ratio: 62%.
Reported Earnings • May 19First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$1.22 (up from NT$0.62 in 1Q 2025). Revenue: NT$2.81b (up 11% from 1Q 2025). Net income: NT$221.7m (up 97% from 1Q 2025). Profit margin: 7.9% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Major Estimate Revision • May 08Consensus EPS estimates increase by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$11.8b to NT$12.2b. EPS estimate increased from NT$4.31 to NT$5.50 per share. Net income forecast to grow 230% next year vs 55% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$106 to NT$126. Share price rose 19% to NT$183 over the past week.
New Risk • Apr 08New 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 8.4% 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 Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin).
Major Estimate Revision • Apr 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$12.3b to NT$11.8b. EPS estimate also fell from NT$5.08 per share to NT$4.31 per share. Net income forecast to grow 159% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$106 unchanged from last update. Share price rose 15% to NT$109 over the past week.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$110, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total loss to shareholders of 10.0% over the past three years.
Reported Earnings • Mar 13Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$1.66 (down from NT$3.71 in FY 2024). Revenue: NT$10.2b (down 5.2% from FY 2024). Net income: NT$303.2m (down 55% from FY 2024). Profit margin: 3.0% (down from 6.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 04SDI Corporation, Annual General Meeting, May 21, 2026SDI Corporation, Annual General Meeting, May 21, 2026, at 09:30 Taipei Standard Time. Location: no,260, sec.2 chang nan rd., changhua city Taiwan
Price Target Changed • Jan 28Price target increased by 12% to NT$90.75Up from NT$80.75, the current price target is an average from 4 analysts. New target price is 5.8% below last closing price of NT$96.30. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$1.52 for next year compared to NT$3.71 last year.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$89.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.
Reported Earnings • Nov 13Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$0.48 (down from NT$0.86 in 3Q 2024). Revenue: NT$2.54b (down 13% from 3Q 2024). Net income: NT$87.4m (down 44% from 3Q 2024). Profit margin: 3.4% (down from 5.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 52%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Oct 28Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from NT$11.2b to NT$10.9b. EPS estimate rose from NT$2.79 to NT$3.20. Net income forecast to grow 99% next year vs 27% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$80.75 unchanged from last update. Share price rose 12% to NT$94.80 over the past week.
New Risk • Oct 17New 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 6.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 126% Cash payout ratio: 311% Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin).
New Risk • Sep 04New 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 126% Cash payout ratio: 311% Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin).
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$87.80, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$51.02 per share.
Reported Earnings • Aug 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.23 loss per share (down from NT$1.20 profit in 2Q 2024). Revenue: NT$2.59b (down 6.8% from 2Q 2024). Net loss: NT$42.4m (down 119% from profit in 2Q 2024). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 53%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$2.53 to NT$1.18 per share. Revenue forecast steady at NT$10.7b. Net income forecast to shrink 42% next year vs 20% growth forecast for Semiconductor industry in Taiwan . Consensus price target of NT$81.00 unchanged from last update. Share price fell 4.2% to NT$77.50 over the past week.
Major Estimate Revision • Aug 06Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$3.20 to NT$2.53 per share. Revenue forecast steady at NT$10.6b. Net income forecast to shrink 8.6% next year vs 18% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$81.00. Share price fell 3.7% to NT$75.90 over the past week.
Upcoming Dividend • Jul 24Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.1%).
New Risk • Jun 17New 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: Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change).
Price Target Changed • Jun 06Price target decreased by 15% to NT$80.75Down from NT$94.60, the current price target is an average from 4 analysts. New target price is 14% above last closing price of NT$70.70. Stock is down 53% over the past year. The company is forecast to post earnings per share of NT$3.72 for next year compared to NT$3.71 last year.
Declared Dividend • May 31Dividend reduced to NT$2.50Dividend of NT$2.50 is 3.8% lower than last year. Ex-date: 31st July 2025 Payment date: 29th August 2025 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 30SDI Corporation Approves Cash Dividend for the Year 2024, Payable on August 29, 2025SDI Corporation at its shareholders meeting held on May 29, 2025, approved cash dividend of TWD 2.5 per shares, totally TWD 455,350,623 allocated for cash dividend for the year 2024. Ex-rights (ex-dividend) trading date: July 31, 2025, Ex-rights (ex-dividend) record date: August 8, 2025, Payment date of common stock cash dividend distribution: August 29, 2025.
Reported Earnings • May 15First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$0.62 (down from NT$0.90 in 1Q 2024). Revenue: NT$2.53b (up 5.8% from 1Q 2024). Net income: NT$112.5m (down 31% from 1Q 2024). Profit margin: 4.5% (down from 6.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year.
Price Target Changed • May 13Price target decreased by 11% to NT$94.60Down from NT$107, the current price target is an average from 5 analysts. New target price is 27% above last closing price of NT$74.50. Stock is down 32% over the past year. The company is forecast to post earnings per share of NT$3.89 for next year compared to NT$3.71 last year.
お知らせ • May 08SDI Corporation (TWSE:2351) agreed to acquire remaining 15.38% stake in Chao Shin Metal Industrial Corp. for TWD 47.5 million.SDI Corporation (TWSE:2351) agreed to acquire remaining 15.38% stake in Chao Shin Metal Industrial Corp. for TWD 47.5 million on May 7, 2025. Upon completion, SDI Corporation will own 100% stake in Chao Shin Metal Industrial Corp. SDI Corporation will use its own funds for the transaction. The transaction is subject to approval of offer by acquirer board. The expected completion of the transaction is by June 30, 2025. H.Y. CPA Firm acted as accountant for SDI Corporation.
お知らせ • Apr 30SDI Corporation to Report Q1, 2025 Results on May 07, 2025SDI Corporation announced that they will report Q1, 2025 results on May 07, 2025
New Risk • Apr 07New 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).
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$83.10, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$36.70 per share.
Reported Earnings • Mar 13Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: NT$3.71 (down from NT$4.08 in FY 2023). Revenue: NT$10.8b (flat on FY 2023). Net income: NT$675.1m (down 9.1% from FY 2023). Profit margin: 6.2% (down from 6.8% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year.
お知らせ • Feb 27SDI Corporation, Annual General Meeting, May 29, 2025SDI Corporation, Annual General Meeting, May 29, 2025. Location: no,260, sec.2 chang nan rd., changhua city Taiwan
お知らせ • Feb 19SDI Corporation to Report Q4, 2024 Results on Feb 26, 2025SDI Corporation announced that they will report Q4, 2024 results on Feb 26, 2025
Buy Or Sell Opportunity • Jan 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to NT$86.10. The fair value is estimated to be NT$108, however this is not to be taken as a buy 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 9.8%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 69% in the next 2 years.
Major Estimate Revision • Dec 09Consensus EPS estimates increase by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$10.8b to NT$11.4b. EPS estimate increased from NT$3.86 to NT$4.92 per share. Net income forecast to grow 41% next year vs 31% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$132 unchanged from last update. Share price was steady at NT$99.70 over the past week.
Reported Earnings • Nov 13Third quarter 2024 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2024 results: EPS: NT$0.86 (down from NT$1.14 in 3Q 2023). Revenue: NT$2.91b (up 5.7% from 3Q 2023). Net income: NT$156.7m (down 25% from 3Q 2023). Profit margin: 5.4% (down from 7.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Nov 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$11.3b to NT$10.9b. EPS estimate also fell from NT$4.82 per share to NT$4.11 per share. Net income forecast to grow 30% next year vs 30% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$164 to NT$150. Share price fell 15% to NT$103 over the past week.
New Risk • Nov 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Nov 06What You Can Learn From SDI Corporation's (TWSE:2351) P/E After Its 29% Share Price CrashSDI Corporation ( TWSE:2351 ) shares have had a horrible month, losing 29% after a relatively good period beforehand...
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$102, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$108 per share.
Price Target Changed • Nov 05Price target decreased by 8.9% to NT$150Down from NT$164, the current price target is an average from 6 analysts. New target price is 37% above last closing price of NT$109. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of NT$4.34 for next year compared to NT$4.08 last year.
お知らせ • Oct 25SDI Corporation to Report Q3, 2024 Results on Nov 01, 2024SDI Corporation announced that they will report Q3, 2024 results on Nov 01, 2024
分析記事 • Oct 15Here's What To Make Of SDI's (TWSE:2351) Decelerating Rates Of ReturnThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$152, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$150 per share.
Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Lan Ying Huang was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$140, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$130 per share.
Reported Earnings • Aug 11Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: NT$1.20 (up from NT$1.11 in 2Q 2023). Revenue: NT$2.78b (down 1.4% from 2Q 2023). Net income: NT$218.8m (up 8.0% from 2Q 2023). Profit margin: 7.9% (up from 7.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
Buy Or Sell Opportunity • Jul 30Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$122. The fair value is estimated to be NT$98.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 4.3%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.
Upcoming Dividend • Jul 25Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.0%).
お知らせ • Jul 25SDI Corporation to Report Q2, 2024 Results on Aug 02, 2024SDI Corporation announced that they will report Q2, 2024 results on Aug 02, 2024
分析記事 • Jul 22SDI (TWSE:2351) Is Paying Out Less In Dividends Than Last YearSDI Corporation's ( TWSE:2351 ) dividend is being reduced from last year's payment covering the same period to NT$2.60...
分析記事 • Jul 18Is Now The Time To Look At Buying SDI Corporation (TWSE:2351)?SDI Corporation ( TWSE:2351 ), might not be a large cap stock, but it led the TWSE gainers with a relatively large...
Price Target Changed • Jun 28Price target increased by 9.8% to NT$141Up from NT$128, the current price target is an average from 4 analysts. New target price is 9.8% above last closing price of NT$128. Stock is down 1.5% over the past year. The company is forecast to post earnings per share of NT$5.01 for next year compared to NT$4.08 last year.
分析記事 • Jun 19SDI (TWSE:2351) Is Paying Out Less In Dividends Than Last YearSDI Corporation ( TWSE:2351 ) is reducing its dividend from last year's comparable payment to NT$2.60 on the 30th of...
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$138, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$68.82 per share.
Board Change • Jun 08Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Lan Ying Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$144, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$75.40 per share.
分析記事 • Jun 02SDI's (TWSE:2351) Shareholders Will Receive A Smaller Dividend Than Last YearSDI Corporation ( TWSE:2351 ) has announced that on 30th of August, it will be paying a dividend ofNT$2.60, which a...
お知らせ • Jun 01+ 2 more updatesSDI Corporation Announces Cash Dividends for the Year 2023, Payable on August 30, 2024SDI Corporation announced cash dividends for 2023 earnings distribution plan: Type and monetary amount of common stock dividend distribution of TWD 2.6 of cash dividend per shares; totally TWD 473,564,647 allocated for cash dividend. Ex-rights (ex-dividend) trading date is August 1, 2024. Ex-rights (ex-dividend) record date is August 9, 2024. The payment date of common stock cash dividend distribution is August 30, 2024.
お知らせ • May 31SDI Corporation Announces Remuneration Committee ChangesSDI Corporation announced board resolution to appoint members of the sixth term of remuneration committee: Name of the previous position holder: Independent Director: Wen-i Chiang; Independent Director: Kuo-tsao Tseng; Independent Director: Tsung-ting Chung. Resume of the previous position holder: Independent Director: Wen-i Chiang(CPA); Independent Director: Kuo-tsao Tseng(CPA); Independent Director: Tsung-ting Chung(PhD in International Relations from Denver University, USA Professor in Business Management Department, National Yunlin Technology University). Name of the new position holder: Independent Director: Tsung-ting Chung; Independent Director: Kuo-tsao Tseng; Independent Director: Lan-ying Huang. Resume of the new position holder: Independent Director: Tsung-ting Chung(PhD in International Relations from Denver University, USA Professor in Business Management Department, National Yunlin Technology University); Independent Director: Kuo-tsao Tseng (CPA); Independent Director: Lan-ying Huang (Professor in Department of Business Administration, National Changhua University of Education). Effective date of the new member is May 30, 2024.
分析記事 • May 22SDI Corporation's (TWSE:2351) 26% Jump Shows Its Popularity With InvestorsSDI Corporation ( TWSE:2351 ) shareholders would be excited to see that the share price has had a great month, posting...
Reported Earnings • May 15First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$0.90 (down from NT$1.21 in 1Q 2023). Revenue: NT$2.39b (down 11% from 1Q 2023). Net income: NT$164.0m (down 26% from 1Q 2023). Profit margin: 6.9% (down from 8.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28SDI Corporation to Report Q1, 2024 Results on May 03, 2024SDI Corporation announced that they will report Q1, 2024 results on May 03, 2024
Major Estimate Revision • Mar 22Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$11.7b to NT$11.1b. EPS estimate also fell from NT$4.82 per share to NT$4.21 per share. Net income forecast to grow 3.3% next year vs 24% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$122 to NT$117. Share price was steady at NT$98.60 over the past week.
Reported Earnings • Mar 08Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$4.08 (down from NT$5.16 in FY 2022). Revenue: NT$10.9b (down 7.4% from FY 2022). Net income: NT$742.8m (down 21% from FY 2022). Profit margin: 6.8% (down from 8.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 24SDI Corporation, Annual General Meeting, May 30, 2024SDI Corporation, Annual General Meeting, May 30, 2024. Location: Conference Room of SDI Building (3F,No.260, Sec. 2 Chang Nan Road) Chang Hua Taiwan Agenda: To consider the 2023 operation results; to consider the audit committee review opinions on 2023 annual final accounting books and statements; to consider the distribution of Remuneration to Employees and Directors of 2023; to consider Collection of 2023 remuneration to the directors; to consider the adoption of the 2023 annual Business Report and Financial Statements; to consider the adoption of the 2023 Earnings Distribution; to approve the amendments to the articles of Incorporation; to approve the amendments to rules of Procedure for Shareholders Meetings; to consider the election of Directors including Independent Directors; and to consider the release the prohibition on directors from participation in competition businesses.
Price Target Changed • Nov 23Price target increased by 7.5% to NT$119Up from NT$110, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$118. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$4.43 for next year compared to NT$5.16 last year.
Price Target Changed • Nov 22Price target increased by 13% to NT$117Up from NT$104, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$118. Stock is up 22% over the past year. The company is forecast to post earnings per share of NT$4.50 for next year compared to NT$5.16 last year.
Reported Earnings • Nov 11Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$1.14 (down from NT$1.41 in 3Q 2022). Revenue: NT$2.75b (down 8.3% from 3Q 2022). Net income: NT$208.0m (down 19% from 3Q 2022). Profit margin: 7.6% (down from 8.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.11 (down from NT$1.54 in 2Q 2022). Revenue: NT$2.82b (down 8.5% from 2Q 2022). Net income: NT$202.6m (down 28% from 2Q 2022). Profit margin: 7.2% (down from 9.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 35%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 27Upcoming dividend of NT$3.20 per share at 3.0% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$107, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 132% over the past three years.
Major Estimate Revision • Jul 19Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$11.9b to NT$11.1b. EPS estimate also fell from NT$5.53 per share to NT$4.31 per share. Net income forecast to shrink 10% next year vs 14% decline forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$142 to NT$115. Share price fell 14% to NT$112 over the past week.
Reported Earnings • Jul 13First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: NT$1.21 (down from NT$1.38 in 1Q 2022). Revenue: NT$2.69b (down 3.8% from 1Q 2022). Net income: NT$221.0m (down 12% from 1Q 2022). Profit margin: 8.2% (down from 9.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 38% per year.
お知らせ • May 31Sdi Corporation Announces Cash Dividend for the Year 2022, Payable on August 31, 2023SDI Corporation announced Company's ex-dividend record date of cash dividends for 2022 earnings distribution plan. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 30, 2023. Type and monetary amount of dividend distribution: TWD 3.2 of cash dividend per shares; totally TWD 582,848,797 allocated for cash dividend. Ex-rights (ex-dividend) trading date: August 3, 2023. Ex-rights (ex-dividend) record date: August 10, 2023. Payment date of cash dividend distribution: August 31, 2023.
Price Target Changed • Mar 24Price target increased by 9.2% to NT$149Up from NT$137, the current price target is an average from 4 analysts. New target price is 12% above last closing price of NT$134. Stock is down 6.3% over the past year. The company is forecast to post earnings per share of NT$6.57 for next year compared to NT$5.16 last year.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$48.23 per share.
Price Target Changed • Nov 16Price target decreased to NT$130Down from NT$142, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$103. Stock is down 41% over the past year. The company is forecast to post earnings per share of NT$5.40 for next year compared to NT$4.68 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kuo-Tsao Tseng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$1.41 (up from NT$1.30 in 3Q 2021). Revenue: NT$3.00b (up 3.4% from 3Q 2021). Net income: NT$256.0m (up 8.0% from 3Q 2021). Profit margin: 8.5% (up from 8.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 11Price target decreased to NT$130Down from NT$142, the current price target is an average from 4 analysts. New target price is 38% above last closing price of NT$94.00. Stock is down 41% over the past year. The company is forecast to post earnings per share of NT$5.40 for next year compared to NT$4.68 last year.
Buying Opportunity • Oct 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$121, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 48% in the next 2 years.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$114, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$137 per share.
Buying Opportunity • Sep 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 50% in the next 2 years.
Reported Earnings • Aug 13Second quarter 2022 earnings: EPS in line with expectations, revenues disappointSecond quarter 2022 results: EPS: NT$1.54 (up from NT$1.23 in 2Q 2021). Revenue: NT$3.09b (up 12% from 2Q 2021). Net income: NT$280.2m (up 25% from 2Q 2021). Profit margin: 9.1% (up from 8.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 27Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 03 August 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$110, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 9x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$176 per share.
Price Target Changed • Jul 08Price target decreased to NT$138Down from NT$161, the current price target is an average from 4 analysts. New target price is 42% above last closing price of NT$97.10. Stock is down 35% over the past year. The company is forecast to post earnings per share of NT$6.14 for next year compared to NT$4.68 last year.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to NT$106, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Semiconductor industry in Taiwan. Total returns to shareholders of 75% over the past three years.
Buying Opportunity • Jun 14Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be NT$182, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 8.8%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.
お知らせ • May 28SDI Corporation Announces Cash Dividend for the Year 2021SDI Corporation announced Company's ex-dividend record date of cash dividends for 2021 earnings distribution plan. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 27, 2022. Type and monetary amount of dividend distribution: TWD 3 of cash dividend per shares; totally TWD 546,420,747 allocated for cash dividend. Ex-rights (ex-dividend) trading date: August 3, 2022. Ex-rights (ex-dividend) record date: August 9, 2022.
Board Change • May 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kuo-Tsao Tseng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.