Powertech Technology（6239）株式概要台湾、日本、シンガポール、アメリカ、ヨーロッパ、中国、香港、マカオ、そして海外において、パワーテック・テクノロジー社およびその子会社は、様々な集積回路（IC）製品の研究、設計、開発、組立、製造、パッケージング、テスト、販売を行っています。 詳細6239 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長4/6過去の実績3/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より59.4%で取引されている 収益は年間31.02%増加すると予測されています 過去1年間で収益は39.3%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析高いレベルの非現金収入 TW市場と比較して、過去 3 か月間の株価の変動が非常に大きい1.59%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る6239 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW470,695 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA470,695 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$283.0023.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0186b2016201920222025202620282031Revenue NT$186.0bEarnings NT$16.2bAdvancedSet Fair ValueView all narrativesPowertech Technology Inc. 競合他社SilergySymbol: TWSE:6415Market cap: NT$180.6beMemory TechnologySymbol: TPEX:3529Market cap: NT$201.7bWIN SemiconductorsSymbol: TPEX:3105Market cap: NT$164.1bMacronix InternationalSymbol: TWSE:2337Market cap: NT$270.2b価格と性能株価の高値、安値、推移の概要Powertech Technology過去の株価現在の株価NT$283.0052週高値NT$387.0052週安値NT$116.00ベータ1.731ヶ月の変化-6.91%3ヶ月変化14.11%1年変化129.15%3年間の変化199.15%5年間の変化166.98%IPOからの変化4,501.44%最新ニュースReported Earnings • Aug 11Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: NT$3.00 (up from NT$1.30 in 2Q 2025). Revenue: NT$23.1b (up 28% from 2Q 2025). Net income: NT$2.22b (up 131% from 2Q 2025). Profit margin: 9.6% (up from 5.3% in 2Q 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 2.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$233, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 168% over the past three years.New Risk • Jul 28New 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • Jul 23Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 30 July 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.0%).お知らせ • Jul 15Powertech Technology Inc. to Report Q2, 2026 Results on Jul 28, 2026Powertech Technology Inc. announced that they will report Q2, 2026 results on Jul 28, 2026Declared Dividend • Jul 06Dividend reduced to NT$4.50Dividend of NT$4.50 is 36% lower than last year. Ex-date: 30th July 2026 Payment date: 4th September 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 138% over the next 3 years, which should provide support to the dividend and adequate earnings cover.最新情報をもっと見るRecent updatesReported Earnings • Aug 11Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: NT$3.00 (up from NT$1.30 in 2Q 2025). Revenue: NT$23.1b (up 28% from 2Q 2025). Net income: NT$2.22b (up 131% from 2Q 2025). Profit margin: 9.6% (up from 5.3% in 2Q 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 2.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$233, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 168% over the past three years.New Risk • Jul 28New 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • Jul 23Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 30 July 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.0%).お知らせ • Jul 15Powertech Technology Inc. to Report Q2, 2026 Results on Jul 28, 2026Powertech Technology Inc. announced that they will report Q2, 2026 results on Jul 28, 2026Declared Dividend • Jul 06Dividend reduced to NT$4.50Dividend of NT$4.50 is 36% lower than last year. Ex-date: 30th July 2026 Payment date: 4th September 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 138% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$308, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 239% over the past three years.Price Target Changed • May 28Price target increased by 13% to NT$299Up from NT$264, the current price target is an average from 8 analysts. New target price is 17% below last closing price of NT$359. Stock is up 206% over the past year. The company is forecast to post earnings per share of NT$12.70 for next year compared to NT$7.48 last year.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$311, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 270% over the past three years.New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$240, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 197% over the past three years.Reported Earnings • Mar 12Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$7.48 (down from NT$9.09 in FY 2024). Revenue: NT$74.9b (up 2.2% from FY 2024). Net income: NT$5.54b (down 19% from FY 2024). Profit margin: 7.4% (down from 9.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 19% 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 10% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.お知らせ • Mar 12Powertech Technology Inc., Annual General Meeting, May 27, 2026Powertech Technology Inc., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,15, ta t`ung rd., hukou township, hsinchu county TaiwanNew Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 4.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Paying a dividend despite having no free cash flows. Earnings have declined by 4.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (7.4% net profit margin).Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$217, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$192 per share.Buy Or Sell Opportunity • Jan 27Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to NT$264. The fair value is estimated to be NT$217, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 107% in the next 2 years.Price Target Changed • Jan 19Price target increased by 8.8% to NT$187Up from NT$172, the current price target is an average from 8 analysts. New target price is 29% below last closing price of NT$262. Stock is up 125% over the past year. The company is forecast to post earnings per share of NT$7.34 for next year compared to NT$9.09 last year.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$204, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 193% over the past three years.Reported Earnings • Nov 08Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$2.08 (down from NT$2.28 in 3Q 2024). Revenue: NT$20.0b (up 9.1% from 3Q 2024). Net income: NT$1.54b (down 9.6% from 3Q 2024). Profit margin: 7.7% (down from 9.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.6%. Revenue is forecast to grow 13% 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 11% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.Price Target Changed • Oct 29Price target increased by 23% to NT$166Up from NT$135, the current price target is an average from 8 analysts. New target price is 9.0% below last closing price of NT$182. Stock is up 44% over the past year. The company is forecast to post earnings per share of NT$7.58 for next year compared to NT$9.09 last year.New Risk • Oct 28New 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 7.0% 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 earnings (97% payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin).Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$177, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 181% over the past three years.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$142, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 104% over the past three years.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$1.30 (down from NT$2.45 in 2Q 2024). Revenue: NT$18.1b (down 7.8% from 2Q 2024). Net income: NT$959.6m (down 48% from 2Q 2024). Profit margin: 5.3% (down from 9.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.6% 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 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Price Target Changed • Jul 31Price target increased by 8.2% to NT$135Up from NT$124, the current price target is an average from 8 analysts. New target price is 6.8% above last closing price of NT$126. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$7.87 for next year compared to NT$9.09 last year.Major Estimate Revision • Jul 30Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$67.6b to NT$75.3b. EPS estimate increased from NT$7.73 to NT$8.53 per share. Net income forecast to grow 0.2% next year vs 12% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$129. Share price was steady at NT$139 over the past week.Upcoming Dividend • Jul 24Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 05 September 2025. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.1%).Declared Dividend • Jun 30Dividend of NT$7.00 announcedDividend of NT$7.00 is the same as last year. Ex-date: 31st July 2025 Payment date: 5th September 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • Jun 19Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$8.92 to NT$7.73. Revenue forecast unchanged from NT$67.6b at last update. Net income forecast to grow 1.6% next year vs 17% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$128 unchanged from last update. Share price was steady at NT$130 over the past week.Reported Earnings • May 11First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$1.58 (down from NT$2.32 in 1Q 2024). Revenue: NT$15.5b (down 16% from 1Q 2024). Net income: NT$1.18b (down 32% from 1Q 2024). Profit margin: 7.6% (down from 9.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 7.8% 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 8% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 30Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$76.4b to NT$74.6b. EPS estimate also fell from NT$10.28 per share to NT$8.78 per share. Net income forecast to shrink 9.5% next year vs 22% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$130. Share price fell 7.3% to NT$108 over the past week.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$106, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$149 per share.Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$115. The fair value is estimated to be NT$151, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 5.4%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 6.2% to NT$129. The fair value is estimated to be NT$161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 5.4%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.お知らせ • Feb 24Powertech Technology Inc., Annual General Meeting, May 28, 2025Powertech Technology Inc., Annual General Meeting, May 28, 2025. Location: no,15, ta t`ung rd., hukou township, hsinchu county TaiwanReported Earnings • Feb 24Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$9.09 (down from NT$10.72 in FY 2023). Revenue: NT$73.3b (up 4.1% from FY 2023). Net income: NT$6.79b (down 15% from FY 2023). Profit margin: 9.3% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Feb 14Powertech Technology Inc. to Report Fiscal Year 2024 Results on Feb 21, 2025Powertech Technology Inc. announced that they will report fiscal year 2024 results on Feb 21, 2025お知らせ • Jan 17Powertech Technology Inc. SHS to Be Deleted from OTC EquityPowertech Technology Inc. SHS (Taiwan) will be deleted from OTC Equity effective January 16, 2025, due to Inactive Security.Buy Or Sell Opportunity • Jan 14Now 21% overvaluedOver the last 90 days, the stock has fallen 12% to NT$117. The fair value is estimated to be NT$97.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.Price Target Changed • Jan 01Price target decreased by 8.5% to NT$135Down from NT$148, the current price target is an average from 8 analysts. New target price is 11% above last closing price of NT$122. Stock is down 10.0% over the past year. The company is forecast to post earnings per share of NT$9.00 for next year compared to NT$10.72 last year.Reported Earnings • Nov 09Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$2.28 (up from NT$2.11 in 3Q 2023). Revenue: NT$18.3b (flat on 3Q 2023). Net income: NT$1.70b (up 8.1% from 3Q 2023). Profit margin: 9.3% (up from 8.5% in 3Q 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 6.6%. Revenue is forecast to grow 9.1% 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 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Price Target Changed • Nov 05Price target decreased by 7.6% to NT$140Down from NT$151, the current price target is an average from 8 analysts. New target price is 12% above last closing price of NT$125. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$9.00 for next year compared to NT$10.72 last year.Reported Earnings • Aug 10Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$2.45 (up from NT$1.80 in 2Q 2023). Revenue: NT$19.6b (up 14% from 2Q 2023). Net income: NT$1.83b (up 36% from 2Q 2023). Profit margin: 9.3% (up from 7.8% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 10% 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 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Price Target Changed • Aug 05Price target decreased by 7.5% to NT$162Down from NT$175, the current price target is an average from 8 analysts. New target price is 14% above last closing price of NT$143. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$9.94 for next year compared to NT$10.72 last year.Buy Or Sell Opportunity • Aug 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.7% to NT$154. The fair value is estimated to be NT$194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.Upcoming Dividend • Jul 25Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 05 September 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.0%).Declared Dividend • Jul 01Dividend of NT$7.00 announcedShareholders will receive a dividend of NT$7.00. Ex-date: 1st August 2024 Payment date: 5th September 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: NT$2.32 (up from NT$1.51 in 1Q 2023). Revenue: NT$18.3b (up 16% from 1Q 2023). Net income: NT$1.74b (up 54% from 1Q 2023). Profit margin: 9.5% (up from 7.2% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 12% 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 fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Price Target Changed • May 02Price target increased by 8.4% to NT$162Up from NT$150, the current price target is an average from 9 analysts. New target price is 5.1% below last closing price of NT$171. Stock is up 82% over the past year. The company is forecast to post earnings per share of NT$10.27 for next year compared to NT$10.72 last year.Major Estimate Revision • May 01Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$11.86 to NT$10.27 per share. Revenue forecast steady at NT$80.6b. Net income forecast to shrink 8.3% next year vs 30% growth forecast for Semiconductor industry in Taiwan . Consensus price target up from NT$150 to NT$155. Share price was steady at NT$175 over the past week.Major Estimate Revision • Apr 24Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$9.90 to NT$11.86. Revenue forecast steady at NT$81.1b. Net income forecast to shrink 7.7% next year vs 26% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$150. Share price fell 5.5% to NT$172 over the past week.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$196, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$174 per share.Reported Earnings • Mar 10Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$10.72 (down from NT$11.60 in FY 2022). Revenue: NT$70.4b (down 16% from FY 2022). Net income: NT$8.01b (down 7.8% from FY 2022). Profit margin: 11% (up from 10% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 13% 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 remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.お知らせ • Mar 09Powertech Technology Inc., Annual General Meeting, May 30, 2024Powertech Technology Inc., Annual General Meeting, May 30, 2024. Location: Plant 3D, No.15, Datong Rd., Hukou Township, Hsinchu County Taiwan Agenda: To consider Report of Business for year 2023; to consider Audit Committee's review report; to consider Report of the Distribution Plan of compensation for directors of the Board and employees for year 2023; to consider Report of implementation status for the resolution of 2023 Annual General Shareholders’ Meeting for the issuance of new common shares for cash to sponsor the issuance of the overseas depositary shares and/or issuance of new common shares for cash in public offering and/or issuance of new common shares for cash in private placement and/or issuance of overseas or domestic convertible bonds in private placement and/or issuance of overseas or domestic convertible bonds; to consider Report the amendments to the ”Rules of Procedure for Board of Directors Meetings"; and to consider other matters.New Risk • Feb 15New 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 5.4% 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 Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin).Price Target Changed • Jan 31Price target increased by 8.7% to NT$145Up from NT$133, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$146. Stock is up 68% over the past year. The company is forecast to post earnings per share of NT$10.60 for next year compared to NT$11.60 last year.Price Target Changed • Dec 15Price target increased by 13% to NT$130Up from NT$115, the current price target is an average from 9 analysts. New target price is 15% below last closing price of NT$153. Stock is up 86% over the past year. The company is forecast to post earnings per share of NT$10.22 for next year compared to NT$11.60 last year.Reported Earnings • Nov 02Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: NT$2.10 (down from NT$3.20 in 3Q 2022). Revenue: NT$18.4b (down 14% from 3Q 2022). Net income: NT$1.57b (down 34% from 3Q 2022). Profit margin: 8.5% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 12% 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 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Oct 25Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$7.77 to NT$8.67. Revenue forecast steady at NT$70.5b. Net income forecast to grow 12% next year vs 6.0% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$115. Share price fell 2.8% to NT$106 over the past week.Reported Earnings • Aug 07Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: NT$1.80 (down from NT$3.67 in 2Q 2022). Revenue: NT$17.2b (down 26% from 2Q 2022). Net income: NT$1.34b (down 51% from 2Q 2022). Profit margin: 7.8% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 8.7% 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 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$93.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 17% over the past three years.Price Target Changed • Jul 26Price target increased by 8.2% to NT$106Up from NT$98.27, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of NT$110. Stock is up 22% over the past year. The company is forecast to post earnings per share of NT$8.04 for next year compared to NT$11.60 last year.Upcoming Dividend • Jul 25Upcoming dividend of NT$7.00 per share at 6.4% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.3%).お知らせ • Jun 29Shenzhen Longsys Electronics Co., Ltd. (SZSE:301308) agreed to acquire 42% stake in Powertech Technology (Suzhou) Ltd from Spansion Holdings (Singapore) Pte. Ltd. for TWD 2.4 billion.Shenzhen Longsys Electronics Co., Ltd. (SZSE:301308) agreed to acquire 42% stake in Powertech Technology (Suzhou) Ltd from Spansion Holdings (Singapore) Pte. Ltd. for TWD 2.4 billion on June 27, 2023. Under the terms, Shenzhen Longsys will pay the 50% settlement payment and will pay the rest 50% payment within 5 working days after the expiry of 60 days after the completion of equity delivery. If the transaction fails to receive the approval of State Administration of Foreign Exchange in China after 180 days from the date of signing contract, PTI has the right to terminate this contract. The transaction has been resolved by the Board of Directors of Spansion Holdings (Singapore) Pte. Tsai Hsuan, Tseng of Tsai Chin Certified Public Accountant acted as fairness opinion provider for Powertech Technology.お知らせ • Jun 09+ 2 more updatesPowertech Technology Inc. Appoints Chao-Chin Tung as Member of Risk Management CommitteePowertech Technology Inc. appointed Chao-Chin Tung as member of Risk Management Committee. Name and resume of the previous position holder: Independent director: Wann-Lai Cheng (Chairman, Browave Corporation); Independent director: Morgan Chang (President, Kuang Chien Computer Co., Ltd); Director: J.S. Leu (President, Powertech Technology Inc.). Name and resume of the new position holder: Independent director: Morgan Chang (President, Kuang Chien Computer Co.,Ltd); Independent director: Chao-Chin Tung (Vice Chairman, SHOWA DENKO HD Trace Corp.); Director: J.S. Leu (President, Powertech Technology Inc.). Effective date of the new member is June 08, 2023.お知らせ • Jun 01Powertech Technology Inc. Approves Board AppointmentsPowertech Technology Inc. announced that at its shareholders meeting held on May 31, 2023, the shareholders approved the appointment of Ray Chen, Vice Chairman and CSO, Compal Electronics Inc. and Chao-Chin Tung, Vice Chairman, SHOWA DENKO HD Trace Corp. as Independent directors. Effective date of the new appointment is May 31, 2023.Reported Earnings • May 06First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: NT$1.51 (down from NT$2.93 in 1Q 2022). Revenue: NT$15.7b (down 24% from 1Q 2022). Net income: NT$1.13b (down 49% from 1Q 2022). Profit margin: 7.2% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 11Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$11.60. Revenue: NT$83.9b (flat on FY 2021). Net income: NT$8.69b (down 2.4% from FY 2021). Profit margin: 10% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to stay flat during the next 2 years compared to a 8.3% growth forecast for the Semiconductor industry in Taiwan.Price Target Changed • Feb 03Price target increased by 7.2% to NT$92.44Up from NT$86.22, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$88.80. Stock is down 9.0% over the past year. The company is forecast to post earnings per share of NT$11.32 for next year compared to NT$11.54 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. 7 non-independent directors. Independent Director Ray Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$3.20 (vs NT$3.21 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.20 (down from NT$3.21 in 3Q 2021). Revenue: NT$21.4b (down 4.0% from 3Q 2021). Net income: NT$2.39b (down 3.1% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Price Target Changed • Oct 18Price target decreased to NT$100Down from NT$112, the current price target is an average from 9 analysts. New target price is 40% above last closing price of NT$71.80. Stock is down 26% over the past year. The company is forecast to post earnings per share of NT$11.87 for next year compared to NT$11.54 last year.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$3.67 (up from NT$2.88 in 2Q 2021). Revenue: NT$23.3b (up 13% from 2Q 2021). Net income: NT$2.75b (up 24% from 2Q 2021). Profit margin: 12% (up from 11% in 2Q 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 16%. Over the next year, revenue is forecast to grow 3.8%, compared to a 21% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 22Upcoming dividend of NT$6.80 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.7%).Reported Earnings • May 07First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$2.92 (up from NT$2.21 in 1Q 2021). Revenue: NT$20.8b (up 13% from 1Q 2021). Net income: NT$2.20b (up 29% from 1Q 2021). Profit margin: 11% (up from 9.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.2%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less 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. 7 non-independent directors. Independent Director Ray Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$11.54 (up from NT$8.60 in FY 2020). Revenue: NT$83.8b (up 10.0% from FY 2020). Net income: NT$8.90b (up 34% from FY 2020). Profit margin: 11% (up from 8.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 8.2%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$3.20 (vs NT$2.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$22.3b (up 18% from 3Q 2020). Net income: NT$2.47b (up 52% from 3Q 2020). Profit margin: 11% (up from 8.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$2.88 (vs NT$2.26 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$20.6b (up 6.2% from 2Q 2020). Net income: NT$2.22b (up 27% from 2Q 2020). Profit margin: 11% (up from 9.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year.Upcoming Dividend • Jul 23Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 30 July 2021. Payment date: 03 September 2021. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.2%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$2.21 (vs NT$2.11 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$18.4b (down 2.0% from 1Q 2020). Net income: NT$1.71b (up 4.6% from 1Q 2020). Profit margin: 9.3% (up from 8.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.株主還元6239TW SemiconductorTW 市場7D5.0%3.8%3.6%1Y129.1%125.4%87.6%株主還元を見る業界別リターン: 6239過去 1 年間で125.4 % の収益を上げたTW Semiconductor業界を上回りました。リターン対市場: 6239過去 1 年間で87.6 % の収益を上げたTW市場を上回りました。価格変動Is 6239's price volatile compared to industry and market?6239 volatility6239 Average Weekly Movement12.5%Semiconductor Industry Average Movement10.0%Market Average Movement6.4%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.7%安定した株価: 6239の株価は、 TW市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6239の weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてTWの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1997n/aBoris Xiewww.pti.com.tw台湾、日本、シンガポール、米国、欧州、中国、香港、マカオ、および海外で、さまざまな集積回路（IC）製品の研究、設計、開発、組立、製造、パッケージング、テスト、販売を行っている。チッププロービングと最終テスト、ウェハレベルパッキング、フリップチップ、ワイヤーボンドBGA、リードフレーム、システムインパッケージなどのICパッケージングサービス、モジュール組立サービス、品質管理サービスを提供している。また、半導体の設計、製造、組立、テスト、販売、半導体ワイヤーフレームへの金属表面処理、半導体リードフレームへの金属メッキ、投資およびウェハープロービングテスト活動も行っている。パワーテック・テクノロジー社は1997年に設立され、台湾新竹市に本社を置いている。もっと見るPowertech Technology Inc. 基礎のまとめPowertech Technology の収益と売上を時価総額と比較するとどうか。6239 基礎統計学時価総額NT$209.08b収益（TTM）NT$7.46b売上高(TTM)NT$85.81b28.0xPER（株価収益率2.4xP/Sレシオ6239 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6239 損益計算書（TTM）収益NT$85.81b売上原価NT$69.42b売上総利益NT$16.39bその他の費用NT$8.92b収益NT$7.46b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）10.10グロス・マージン19.10%純利益率8.70%有利子負債／自己資本比率42.4%6239 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.6%現在の配当利回り45%配当性向6239 配当は確実ですか？6239 配当履歴とベンチマークを見る6239 、いつまでに購入すれば配当金を受け取れますか？Powertech Technology 配当日配当落ち日Jul 30 2026配当支払日Sep 04 2026配当落ちまでの日数15 days配当支払日までの日数21 days6239 配当は確実ですか？6239 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/13 05:50終値2026/08/13 00:00収益2026/06/30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Powertech Technology Inc. 8 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。25 アナリスト機関Sebastian HouBarclaysDong-je WooBofA Global Researchnull nullCapital Securities Corporation22 その他のアナリストを表示
Reported Earnings • Aug 11Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: NT$3.00 (up from NT$1.30 in 2Q 2025). Revenue: NT$23.1b (up 28% from 2Q 2025). Net income: NT$2.22b (up 131% from 2Q 2025). Profit margin: 9.6% (up from 5.3% in 2Q 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 2.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$233, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 168% over the past three years.
New Risk • Jul 28New 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • Jul 23Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 30 July 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.0%).
お知らせ • Jul 15Powertech Technology Inc. to Report Q2, 2026 Results on Jul 28, 2026Powertech Technology Inc. announced that they will report Q2, 2026 results on Jul 28, 2026
Declared Dividend • Jul 06Dividend reduced to NT$4.50Dividend of NT$4.50 is 36% lower than last year. Ex-date: 30th July 2026 Payment date: 4th September 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 138% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 11Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: NT$3.00 (up from NT$1.30 in 2Q 2025). Revenue: NT$23.1b (up 28% from 2Q 2025). Net income: NT$2.22b (up 131% from 2Q 2025). Profit margin: 9.6% (up from 5.3% in 2Q 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 2.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$233, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 168% over the past three years.
New Risk • Jul 28New 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • Jul 23Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 30 July 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.0%).
お知らせ • Jul 15Powertech Technology Inc. to Report Q2, 2026 Results on Jul 28, 2026Powertech Technology Inc. announced that they will report Q2, 2026 results on Jul 28, 2026
Declared Dividend • Jul 06Dividend reduced to NT$4.50Dividend of NT$4.50 is 36% lower than last year. Ex-date: 30th July 2026 Payment date: 4th September 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 138% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$308, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 239% over the past three years.
Price Target Changed • May 28Price target increased by 13% to NT$299Up from NT$264, the current price target is an average from 8 analysts. New target price is 17% below last closing price of NT$359. Stock is up 206% over the past year. The company is forecast to post earnings per share of NT$12.70 for next year compared to NT$7.48 last year.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$311, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 270% over the past three years.
New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$240, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 197% over the past three years.
Reported Earnings • Mar 12Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$7.48 (down from NT$9.09 in FY 2024). Revenue: NT$74.9b (up 2.2% from FY 2024). Net income: NT$5.54b (down 19% from FY 2024). Profit margin: 7.4% (down from 9.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 19% 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 10% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Powertech Technology Inc., Annual General Meeting, May 27, 2026Powertech Technology Inc., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,15, ta t`ung rd., hukou township, hsinchu county Taiwan
New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 4.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Paying a dividend despite having no free cash flows. Earnings have declined by 4.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (7.4% net profit margin).
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$217, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$192 per share.
Buy Or Sell Opportunity • Jan 27Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to NT$264. The fair value is estimated to be NT$217, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 107% in the next 2 years.
Price Target Changed • Jan 19Price target increased by 8.8% to NT$187Up from NT$172, the current price target is an average from 8 analysts. New target price is 29% below last closing price of NT$262. Stock is up 125% over the past year. The company is forecast to post earnings per share of NT$7.34 for next year compared to NT$9.09 last year.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$204, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 193% over the past three years.
Reported Earnings • Nov 08Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$2.08 (down from NT$2.28 in 3Q 2024). Revenue: NT$20.0b (up 9.1% from 3Q 2024). Net income: NT$1.54b (down 9.6% from 3Q 2024). Profit margin: 7.7% (down from 9.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.6%. Revenue is forecast to grow 13% 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 11% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
Price Target Changed • Oct 29Price target increased by 23% to NT$166Up from NT$135, the current price target is an average from 8 analysts. New target price is 9.0% below last closing price of NT$182. Stock is up 44% over the past year. The company is forecast to post earnings per share of NT$7.58 for next year compared to NT$9.09 last year.
New Risk • Oct 28New 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 7.0% 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 earnings (97% payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin).
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$177, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 181% over the past three years.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$142, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 104% over the past three years.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$1.30 (down from NT$2.45 in 2Q 2024). Revenue: NT$18.1b (down 7.8% from 2Q 2024). Net income: NT$959.6m (down 48% from 2Q 2024). Profit margin: 5.3% (down from 9.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.6% 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 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Price Target Changed • Jul 31Price target increased by 8.2% to NT$135Up from NT$124, the current price target is an average from 8 analysts. New target price is 6.8% above last closing price of NT$126. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$7.87 for next year compared to NT$9.09 last year.
Major Estimate Revision • Jul 30Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$67.6b to NT$75.3b. EPS estimate increased from NT$7.73 to NT$8.53 per share. Net income forecast to grow 0.2% next year vs 12% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$129. Share price was steady at NT$139 over the past week.
Upcoming Dividend • Jul 24Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 05 September 2025. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.1%).
Declared Dividend • Jun 30Dividend of NT$7.00 announcedDividend of NT$7.00 is the same as last year. Ex-date: 31st July 2025 Payment date: 5th September 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • Jun 19Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$8.92 to NT$7.73. Revenue forecast unchanged from NT$67.6b at last update. Net income forecast to grow 1.6% next year vs 17% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$128 unchanged from last update. Share price was steady at NT$130 over the past week.
Reported Earnings • May 11First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$1.58 (down from NT$2.32 in 1Q 2024). Revenue: NT$15.5b (down 16% from 1Q 2024). Net income: NT$1.18b (down 32% from 1Q 2024). Profit margin: 7.6% (down from 9.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 7.8% 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 8% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$76.4b to NT$74.6b. EPS estimate also fell from NT$10.28 per share to NT$8.78 per share. Net income forecast to shrink 9.5% next year vs 22% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$130. Share price fell 7.3% to NT$108 over the past week.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$106, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$149 per share.
Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$115. The fair value is estimated to be NT$151, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 5.4%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 6.2% to NT$129. The fair value is estimated to be NT$161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 5.4%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
お知らせ • Feb 24Powertech Technology Inc., Annual General Meeting, May 28, 2025Powertech Technology Inc., Annual General Meeting, May 28, 2025. Location: no,15, ta t`ung rd., hukou township, hsinchu county Taiwan
Reported Earnings • Feb 24Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$9.09 (down from NT$10.72 in FY 2023). Revenue: NT$73.3b (up 4.1% from FY 2023). Net income: NT$6.79b (down 15% from FY 2023). Profit margin: 9.3% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Feb 14Powertech Technology Inc. to Report Fiscal Year 2024 Results on Feb 21, 2025Powertech Technology Inc. announced that they will report fiscal year 2024 results on Feb 21, 2025
お知らせ • Jan 17Powertech Technology Inc. SHS to Be Deleted from OTC EquityPowertech Technology Inc. SHS (Taiwan) will be deleted from OTC Equity effective January 16, 2025, due to Inactive Security.
Buy Or Sell Opportunity • Jan 14Now 21% overvaluedOver the last 90 days, the stock has fallen 12% to NT$117. The fair value is estimated to be NT$97.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.
Price Target Changed • Jan 01Price target decreased by 8.5% to NT$135Down from NT$148, the current price target is an average from 8 analysts. New target price is 11% above last closing price of NT$122. Stock is down 10.0% over the past year. The company is forecast to post earnings per share of NT$9.00 for next year compared to NT$10.72 last year.
Reported Earnings • Nov 09Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$2.28 (up from NT$2.11 in 3Q 2023). Revenue: NT$18.3b (flat on 3Q 2023). Net income: NT$1.70b (up 8.1% from 3Q 2023). Profit margin: 9.3% (up from 8.5% in 3Q 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 6.6%. Revenue is forecast to grow 9.1% 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 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Price Target Changed • Nov 05Price target decreased by 7.6% to NT$140Down from NT$151, the current price target is an average from 8 analysts. New target price is 12% above last closing price of NT$125. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$9.00 for next year compared to NT$10.72 last year.
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$2.45 (up from NT$1.80 in 2Q 2023). Revenue: NT$19.6b (up 14% from 2Q 2023). Net income: NT$1.83b (up 36% from 2Q 2023). Profit margin: 9.3% (up from 7.8% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 10% 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 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 05Price target decreased by 7.5% to NT$162Down from NT$175, the current price target is an average from 8 analysts. New target price is 14% above last closing price of NT$143. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$9.94 for next year compared to NT$10.72 last year.
Buy Or Sell Opportunity • Aug 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.7% to NT$154. The fair value is estimated to be NT$194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
Upcoming Dividend • Jul 25Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 05 September 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.0%).
Declared Dividend • Jul 01Dividend of NT$7.00 announcedShareholders will receive a dividend of NT$7.00. Ex-date: 1st August 2024 Payment date: 5th September 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: NT$2.32 (up from NT$1.51 in 1Q 2023). Revenue: NT$18.3b (up 16% from 1Q 2023). Net income: NT$1.74b (up 54% from 1Q 2023). Profit margin: 9.5% (up from 7.2% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 12% 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 fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Price Target Changed • May 02Price target increased by 8.4% to NT$162Up from NT$150, the current price target is an average from 9 analysts. New target price is 5.1% below last closing price of NT$171. Stock is up 82% over the past year. The company is forecast to post earnings per share of NT$10.27 for next year compared to NT$10.72 last year.
Major Estimate Revision • May 01Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$11.86 to NT$10.27 per share. Revenue forecast steady at NT$80.6b. Net income forecast to shrink 8.3% next year vs 30% growth forecast for Semiconductor industry in Taiwan . Consensus price target up from NT$150 to NT$155. Share price was steady at NT$175 over the past week.
Major Estimate Revision • Apr 24Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$9.90 to NT$11.86. Revenue forecast steady at NT$81.1b. Net income forecast to shrink 7.7% next year vs 26% growth forecast for Semiconductor industry in Taiwan . Consensus price target broadly unchanged at NT$150. Share price fell 5.5% to NT$172 over the past week.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$196, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$174 per share.
Reported Earnings • Mar 10Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$10.72 (down from NT$11.60 in FY 2022). Revenue: NT$70.4b (down 16% from FY 2022). Net income: NT$8.01b (down 7.8% from FY 2022). Profit margin: 11% (up from 10% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 13% 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 remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
お知らせ • Mar 09Powertech Technology Inc., Annual General Meeting, May 30, 2024Powertech Technology Inc., Annual General Meeting, May 30, 2024. Location: Plant 3D, No.15, Datong Rd., Hukou Township, Hsinchu County Taiwan Agenda: To consider Report of Business for year 2023; to consider Audit Committee's review report; to consider Report of the Distribution Plan of compensation for directors of the Board and employees for year 2023; to consider Report of implementation status for the resolution of 2023 Annual General Shareholders’ Meeting for the issuance of new common shares for cash to sponsor the issuance of the overseas depositary shares and/or issuance of new common shares for cash in public offering and/or issuance of new common shares for cash in private placement and/or issuance of overseas or domestic convertible bonds in private placement and/or issuance of overseas or domestic convertible bonds; to consider Report the amendments to the ”Rules of Procedure for Board of Directors Meetings"; and to consider other matters.
New Risk • Feb 15New 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 5.4% 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 Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin).
Price Target Changed • Jan 31Price target increased by 8.7% to NT$145Up from NT$133, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$146. Stock is up 68% over the past year. The company is forecast to post earnings per share of NT$10.60 for next year compared to NT$11.60 last year.
Price Target Changed • Dec 15Price target increased by 13% to NT$130Up from NT$115, the current price target is an average from 9 analysts. New target price is 15% below last closing price of NT$153. Stock is up 86% over the past year. The company is forecast to post earnings per share of NT$10.22 for next year compared to NT$11.60 last year.
Reported Earnings • Nov 02Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: NT$2.10 (down from NT$3.20 in 3Q 2022). Revenue: NT$18.4b (down 14% from 3Q 2022). Net income: NT$1.57b (down 34% from 3Q 2022). Profit margin: 8.5% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 12% 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 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Oct 25Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$7.77 to NT$8.67. Revenue forecast steady at NT$70.5b. Net income forecast to grow 12% next year vs 6.0% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$115. Share price fell 2.8% to NT$106 over the past week.
Reported Earnings • Aug 07Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: NT$1.80 (down from NT$3.67 in 2Q 2022). Revenue: NT$17.2b (down 26% from 2Q 2022). Net income: NT$1.34b (down 51% from 2Q 2022). Profit margin: 7.8% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 8.7% 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 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$93.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 17% over the past three years.
Price Target Changed • Jul 26Price target increased by 8.2% to NT$106Up from NT$98.27, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of NT$110. Stock is up 22% over the past year. The company is forecast to post earnings per share of NT$8.04 for next year compared to NT$11.60 last year.
Upcoming Dividend • Jul 25Upcoming dividend of NT$7.00 per share at 6.4% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.3%).
お知らせ • Jun 29Shenzhen Longsys Electronics Co., Ltd. (SZSE:301308) agreed to acquire 42% stake in Powertech Technology (Suzhou) Ltd from Spansion Holdings (Singapore) Pte. Ltd. for TWD 2.4 billion.Shenzhen Longsys Electronics Co., Ltd. (SZSE:301308) agreed to acquire 42% stake in Powertech Technology (Suzhou) Ltd from Spansion Holdings (Singapore) Pte. Ltd. for TWD 2.4 billion on June 27, 2023. Under the terms, Shenzhen Longsys will pay the 50% settlement payment and will pay the rest 50% payment within 5 working days after the expiry of 60 days after the completion of equity delivery. If the transaction fails to receive the approval of State Administration of Foreign Exchange in China after 180 days from the date of signing contract, PTI has the right to terminate this contract. The transaction has been resolved by the Board of Directors of Spansion Holdings (Singapore) Pte. Tsai Hsuan, Tseng of Tsai Chin Certified Public Accountant acted as fairness opinion provider for Powertech Technology.
お知らせ • Jun 09+ 2 more updatesPowertech Technology Inc. Appoints Chao-Chin Tung as Member of Risk Management CommitteePowertech Technology Inc. appointed Chao-Chin Tung as member of Risk Management Committee. Name and resume of the previous position holder: Independent director: Wann-Lai Cheng (Chairman, Browave Corporation); Independent director: Morgan Chang (President, Kuang Chien Computer Co., Ltd); Director: J.S. Leu (President, Powertech Technology Inc.). Name and resume of the new position holder: Independent director: Morgan Chang (President, Kuang Chien Computer Co.,Ltd); Independent director: Chao-Chin Tung (Vice Chairman, SHOWA DENKO HD Trace Corp.); Director: J.S. Leu (President, Powertech Technology Inc.). Effective date of the new member is June 08, 2023.
お知らせ • Jun 01Powertech Technology Inc. Approves Board AppointmentsPowertech Technology Inc. announced that at its shareholders meeting held on May 31, 2023, the shareholders approved the appointment of Ray Chen, Vice Chairman and CSO, Compal Electronics Inc. and Chao-Chin Tung, Vice Chairman, SHOWA DENKO HD Trace Corp. as Independent directors. Effective date of the new appointment is May 31, 2023.
Reported Earnings • May 06First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: NT$1.51 (down from NT$2.93 in 1Q 2022). Revenue: NT$15.7b (down 24% from 1Q 2022). Net income: NT$1.13b (down 49% from 1Q 2022). Profit margin: 7.2% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 11Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$11.60. Revenue: NT$83.9b (flat on FY 2021). Net income: NT$8.69b (down 2.4% from FY 2021). Profit margin: 10% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to stay flat during the next 2 years compared to a 8.3% growth forecast for the Semiconductor industry in Taiwan.
Price Target Changed • Feb 03Price target increased by 7.2% to NT$92.44Up from NT$86.22, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$88.80. Stock is down 9.0% over the past year. The company is forecast to post earnings per share of NT$11.32 for next year compared to NT$11.54 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. 7 non-independent directors. Independent Director Ray Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$3.20 (vs NT$3.21 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.20 (down from NT$3.21 in 3Q 2021). Revenue: NT$21.4b (down 4.0% from 3Q 2021). Net income: NT$2.39b (down 3.1% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Price Target Changed • Oct 18Price target decreased to NT$100Down from NT$112, the current price target is an average from 9 analysts. New target price is 40% above last closing price of NT$71.80. Stock is down 26% over the past year. The company is forecast to post earnings per share of NT$11.87 for next year compared to NT$11.54 last year.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$3.67 (up from NT$2.88 in 2Q 2021). Revenue: NT$23.3b (up 13% from 2Q 2021). Net income: NT$2.75b (up 24% from 2Q 2021). Profit margin: 12% (up from 11% in 2Q 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 16%. Over the next year, revenue is forecast to grow 3.8%, compared to a 21% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 22Upcoming dividend of NT$6.80 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.7%).
Reported Earnings • May 07First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$2.92 (up from NT$2.21 in 1Q 2021). Revenue: NT$20.8b (up 13% from 1Q 2021). Net income: NT$2.20b (up 29% from 1Q 2021). Profit margin: 11% (up from 9.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.2%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less 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. 7 non-independent directors. Independent Director Ray Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$11.54 (up from NT$8.60 in FY 2020). Revenue: NT$83.8b (up 10.0% from FY 2020). Net income: NT$8.90b (up 34% from FY 2020). Profit margin: 11% (up from 8.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 8.2%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$3.20 (vs NT$2.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$22.3b (up 18% from 3Q 2020). Net income: NT$2.47b (up 52% from 3Q 2020). Profit margin: 11% (up from 8.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$2.88 (vs NT$2.26 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$20.6b (up 6.2% from 2Q 2020). Net income: NT$2.22b (up 27% from 2Q 2020). Profit margin: 11% (up from 9.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year.
Upcoming Dividend • Jul 23Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 30 July 2021. Payment date: 03 September 2021. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.2%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$2.21 (vs NT$2.11 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$18.4b (down 2.0% from 1Q 2020). Net income: NT$1.71b (up 4.6% from 1Q 2020). Profit margin: 9.3% (up from 8.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.
