View Financial HealthITM Semiconductor 배당 및 자사주 매입배당 기준 점검 0/6ITM Semiconductor 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률0%자사주 매입 수익률총 주주 수익률0%미래 배당 수익률0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트공시 • Nov 03ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 2, 2024. As of November 1, 2023, the company had 1,550,729 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.Upcoming Dividend • Dec 21Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).공시 • Nov 05ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 3, 2023. As of November 3, 2022, the company had 1,369,434 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.공시 • Sep 19ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until March 20, 2023. As of September 18, 2022, the company had 1,184,634 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.공시 • Jul 07ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until January 5, 2023. As of July 5, 2022, the company had 871,042 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.공시 • Feb 10ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until August 8, 2022. As of February 8, 2022, the company had 753,569 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.모든 업데이트 보기Recent updatesNew Risk • May 11New 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 South Korean stocks, typically moving 16% 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 (16% average weekly change). Earnings have declined by 49% per year over the past 5 years.New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (15% average weekly change).New Risk • Mar 18New major risk - Revenue and earnings growthEarnings have declined by 43% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years.공시 • Mar 17ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 30, 2026ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 806, jungbu-ro, cheongwon-gu, chungcheongbuk-do, cheongju South Korea분석 기사 • Nov 19The Market Doesn't Like What It Sees From ITM Semiconductor Co., Ltd.'s (KOSDAQ:084850) Revenues YetWith a price-to-sales (or "P/S") ratio of 0.3x ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) may be sending bullish...New Risk • Sep 01New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.05x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.New Risk • Aug 30New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jul 17Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to ₩13,190. The fair value is estimated to be ₩10,755, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • May 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to ₩11,470. The fair value is estimated to be ₩14,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.분석 기사 • Apr 29Insufficient Growth At ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Hampers Share PriceITM Semiconductor Co., Ltd.'s ( KOSDAQ:084850 ) price-to-sales (or "P/S") ratio of 0.4x may look like a pretty...Buy Or Sell Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.8% to ₩11,520. The fair value is estimated to be ₩14,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.Reported Earnings • Mar 21Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: ₩59.00 (up from ₩1,570 loss in FY 2023). Revenue: ₩647.9b (up 12% from FY 2023). Net income: ₩1.22b (up ₩34.2b from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. 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 South Korea. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 19Price target decreased by 12% to ₩21,500Down from ₩24,500, the current price target is an average from 4 analysts. New target price is 72% above last closing price of ₩12,500. Stock is down 41% over the past year. The company is forecast to post a net loss per share of ₩65.00 next year compared to a net loss per share of ₩1,570 last year.공시 • Mar 13ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 26, 2025ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 60, yangcheong 3-gil, ochang-eup, cheongwon-gu, chungcheongbuk-do, cheongju South KoreaBuy Or Sell Opportunity • Mar 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₩11,910. The fair value is estimated to be ₩15,278, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 6.3% in a year. Earnings are forecast to grow by 99% in the next year.분석 기사 • Feb 25Estimating The Intrinsic Value Of ITM Semiconductor Co., Ltd. (KOSDAQ:084850)Key Insights ITM Semiconductor's estimated fair value is ₩15,278 based on 2 Stage Free Cash Flow to Equity Current...분석 기사 • Nov 13ITM Semiconductor (KOSDAQ:084850) May Have Issues Allocating Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...분석 기사 • Sep 10ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Stock Catapults 31% Though Its Price And Business Still Lag The IndustryThose holding ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) shares would be relieved that the share price has rebounded...Price Target Changed • Aug 22Price target decreased by 13% to ₩30,750Down from ₩35,500, the current price target is an average from 3 analysts. New target price is 60% above last closing price of ₩19,190. Stock is down 19% over the past year. The company is forecast to post a net loss per share of ₩36.50 next year compared to a net loss per share of ₩1,570 last year.분석 기사 • Jun 27Estimating The Intrinsic Value Of ITM Semiconductor Co., Ltd. (KOSDAQ:084850)Key Insights The projected fair value for ITM Semiconductor is ₩28,959 based on 2 Stage Free Cash Flow to Equity With...Major Estimate Revision • Jun 06Consensus EPS estimates fall by 29%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩646.1m to ₩665.0m. Forecast EPS reduced from -₩266 to -₩344 per share. Semiconductor industry in South Korea expected to see average net income growth of 69% next year. Consensus price target up from ₩28,500 to ₩31,500. Share price was steady at ₩22,750 over the past week.분석 기사 • May 21ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Stock Catapults 29% Though Its Price And Business Still Lag The IndustryITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) shareholders would be excited to see that the share price has had a great...Major Estimate Revision • May 03Consensus EPS estimates fall from profit to ₩262 lossThe consensus outlook for fiscal year 2024 has been updated. Expected to report loss instead of -₩262 instead of ₩112 per share profit previously forecast. Revenue forecast unchanged at ₩637.1m Semiconductor industry in South Korea expected to see average net income growth of 58% next year. Consensus price target down from ₩33,000 to ₩28,000. Share price was steady at ₩19,520 over the past week.Reported Earnings • Mar 20Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: ₩1,570 loss per share (further deteriorated from ₩966 loss in FY 2022). Revenue: ₩580.5b (down 8.4% from FY 2022). Net loss: ₩33.0b (loss widened 55% from FY 2022). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Jan 30Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩645.0m to ₩569.7m. Forecast losses increased from -₩582 to -₩927 per share. Semiconductor industry in South Korea expected to see average net income growth of 86% next year. Consensus price target of ₩33,000 unchanged from last update. Share price was steady at ₩26,500 over the past week.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: ₩308 (vs ₩370 in 3Q 2022)Third quarter 2023 results: EPS: ₩308 (down from ₩370 in 3Q 2022). Revenue: ₩198.8b (down 11% from 3Q 2022). Net income: ₩5.78b (down 31% from 3Q 2022). Profit margin: 2.9% (down from 3.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.공시 • Nov 03ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 2, 2024. As of November 1, 2023, the company had 1,550,729 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.New Risk • Jul 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 82% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 20First quarter 2023 earnings released: ₩638 loss per share (vs ₩148 loss in 1Q 2022)First quarter 2023 results: ₩638 loss per share (further deteriorated from ₩148 loss in 1Q 2022). Revenue: ₩103.1b (down 12% from 1Q 2022). Net loss: ₩13.6b (loss widened 307% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 23Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: ₩966 loss per share (down from ₩275 profit in FY 2021). Revenue: ₩633.5b (up 24% from FY 2021). Net loss: ₩21.3b (down 441% from profit in FY 2021). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Buying Opportunity • Mar 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10.0%. The fair value is estimated to be ₩33,659, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 97%. Revenue is forecast to grow by 8.8% in 2 years. Earnings is forecast to grow by 218% in the next 2 years.Upcoming Dividend • Dec 21Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).Price Target Changed • Nov 16Price target decreased to ₩43,000Down from ₩48,000, the current price target is an average from 2 analysts. New target price is 39% above last closing price of ₩30,850. Stock is down 28% over the past year. The company is forecast to post earnings per share of ₩23.00 for next year compared to ₩275 last year.공시 • Nov 05ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 3, 2023. As of November 3, 2022, the company had 1,369,434 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.Price Target Changed • Sep 21Price target decreased to ₩43,000Down from ₩48,000, the current price target is an average from 2 analysts. New target price is 40% above last closing price of ₩30,800. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₩23.00 for next year compared to ₩275 last year.Major Estimate Revision • Sep 21Consensus revenue estimates fall by 16%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from ₩766.0m to ₩645.0m. EPS estimate fell from ₩1,464 to ₩23.00 per share. Net income forecast to grow 1,424% next year vs 30% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩48,000 to ₩43,000. Share price was steady at ₩30,800 over the past week.공시 • Sep 19ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until March 20, 2023. As of September 18, 2022, the company had 1,184,634 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.Buying Opportunity • Jul 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₩39,636, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 77%. Revenue is forecast to grow by 42% in a year. Earnings is forecast to grow by 2,212% in the next year.공시 • Jul 07ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until January 5, 2023. As of July 5, 2022, the company had 871,042 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.Price Target Changed • Apr 27Price target decreased to ₩58,333Down from ₩67,667, the current price target is an average from 3 analysts. New target price is 64% above last closing price of ₩35,550. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩1,453 for next year compared to ₩275 last year.Buying Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be ₩45,776, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has declined by 74% per annum over the last 3 years.Buying Opportunity • Mar 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be ₩44,830, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has declined by 74% per annum over the last 3 years.Reported Earnings • Mar 04Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩275 (down from ₩641 in FY 2020). Revenue: ₩512.5b (up 31% from FY 2020). Net income: ₩6.25b (down 57% from FY 2020). Profit margin: 1.2% (down from 3.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 50%, compared to a 34% growth forecast for the industry in South Korea.Price Target Changed • Feb 26Price target decreased to ₩58,333Down from ₩67,667, the current price target is an average from 3 analysts. New target price is 65% above last closing price of ₩35,250. Stock is down 23% over the past year. The company is forecast to post earnings per share of ₩419 for next year compared to ₩641 last year.공시 • Feb 10ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until August 8, 2022. As of February 8, 2022, the company had 753,569 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.Major Estimate Revision • Jan 28Consensus EPS estimates fall by 42%The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₩525.3m to ₩507.0m. EPS estimate also fell from ₩718 per share to ₩419 per share. Net income forecast to grow 2,308% next year vs 45% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩67,667 to ₩65,000. Share price fell 4.4% to ₩38,700 over the past week.Upcoming Dividend • Dec 22Inaugural dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for ITM Semiconductor since going public. The average dividend yield among industry peers is 0.9%.Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₩505.0m to ₩526.3m. EPS estimate fell from ₩1,255 to ₩926 per share. Net income forecast to grow 572% next year vs 68% growth forecast for Semiconductor industry in South Korea. Consensus price target of ₩62,333 unchanged from last update. Share price fell 2.5% to ₩44,050 over the past week.분석 기사 • May 06ITM Semiconductor (KOSDAQ:084850) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • May 04ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until November 2, 2021. As of May 2, 2021, the company had 307,492 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.분석 기사 • Mar 16Does This Valuation Of ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Imply Investors Are Overpaying?Does the March share price for ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) reflect what it's really worth? Today, we...Price Target Changed • Feb 26Price target lowered to ₩70,000Down from ₩78,333, the current price target is an average from 3 analysts. The new target price is 53% above the current share price of ₩45,800. As of last close, the stock is down 8.8% over the past year.분석 기사 • Feb 23The Trends At ITM Semiconductor (KOSDAQ:084850) That You Should Know AboutIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Is New 90 Day High Low • Feb 15New 90-day low: ₩50,800The company is down 2.0% from its price of ₩52,100 on 17 November 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩36,539 per share.분석 기사 • Feb 05Is ITM Semiconductor Co., Ltd.'s (KOSDAQ:084850) ROE Of 7.9% Impressive?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...분석 기사 • Jan 15Should ITM Semiconductor (KOSDAQ:084850) Be Disappointed With Their 14% Profit?There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if you choose that...분석 기사 • Dec 25ITM Semiconductor (KOSDAQ:084850) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Major Estimate Revision • Dec 17Analysts lower EPS estimates to ₩1,814The 2020 consensus revenue estimate was lowered from ₩467.7m to ₩445.0m. Earning per share (EPS) estimate was also lowered from ₩2,386 to ₩1,814 for the same period. Net income is expected to grow by 230% next year compared to 51% growth forecast for the Semiconductor industry in South Korea. The consensus price target was lowered from ₩81,000 to ₩78,333. Share price is up 4.6% to ₩59,100 over the past week.분석 기사 • Dec 04What Is The Ownership Structure Like For ITM Semiconductor Co., Ltd. (KOSDAQ:084850)?The big shareholder groups in ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) have power over the company. Large...Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 17% share price gain to ₩55,800, the stock is trading at a trailing P/E ratio of 29.2x, up from the previous P/E ratio of 25x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total returns to shareholders over the past year are 126%.Valuation Update With 7 Day Price Move • Oct 26Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₩45,600, the stock is trading at a trailing P/E ratio of 23.9x, down from the previous P/E ratio of 28.6x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea.Is New 90 Day High Low • Oct 16New 90-day low: ₩53,500The company is down 12% from its price of ₩60,500 on 17 July 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩27,477 per share.Is New 90 Day High Low • Sep 24New 90-day low: ₩53,900The company is down 16% from its price of ₩63,900 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩25,507 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 A084850 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: A084850 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장ITM Semiconductor 배당 수익률 vs 시장A084850의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (A084850)0%시장 하위 25% (KR)1.0%시장 상위 25% (KR)3.8%업계 평균 (Semiconductor)0.2%분석가 예측 (A084850) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 A084850 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 A084850 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: A084850 KR 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: A084850 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YKR 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 12:42종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스ITM Semiconductor Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hyun Wook KimHaitong International Research LimitedChang Min LeeKB Securities Co., Ltd.Jaeyun LeeYuanta Securities Korea Co., Ltd.1명의 분석가 더 보기
공시 • Nov 03ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 2, 2024. As of November 1, 2023, the company had 1,550,729 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
Upcoming Dividend • Dec 21Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).
공시 • Nov 05ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 3, 2023. As of November 3, 2022, the company had 1,369,434 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
공시 • Sep 19ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until March 20, 2023. As of September 18, 2022, the company had 1,184,634 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
공시 • Jul 07ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until January 5, 2023. As of July 5, 2022, the company had 871,042 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
공시 • Feb 10ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until August 8, 2022. As of February 8, 2022, the company had 753,569 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
New Risk • May 11New 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 South Korean stocks, typically moving 16% 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 (16% average weekly change). Earnings have declined by 49% per year over the past 5 years.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (15% average weekly change).
New Risk • Mar 18New major risk - Revenue and earnings growthEarnings have declined by 43% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years.
공시 • Mar 17ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 30, 2026ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 806, jungbu-ro, cheongwon-gu, chungcheongbuk-do, cheongju South Korea
분석 기사 • Nov 19The Market Doesn't Like What It Sees From ITM Semiconductor Co., Ltd.'s (KOSDAQ:084850) Revenues YetWith a price-to-sales (or "P/S") ratio of 0.3x ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) may be sending bullish...
New Risk • Sep 01New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.05x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
New Risk • Aug 30New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jul 17Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to ₩13,190. The fair value is estimated to be ₩10,755, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • May 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to ₩11,470. The fair value is estimated to be ₩14,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.
분석 기사 • Apr 29Insufficient Growth At ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Hampers Share PriceITM Semiconductor Co., Ltd.'s ( KOSDAQ:084850 ) price-to-sales (or "P/S") ratio of 0.4x may look like a pretty...
Buy Or Sell Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.8% to ₩11,520. The fair value is estimated to be ₩14,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.
Reported Earnings • Mar 21Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: ₩59.00 (up from ₩1,570 loss in FY 2023). Revenue: ₩647.9b (up 12% from FY 2023). Net income: ₩1.22b (up ₩34.2b from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. 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 South Korea. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 19Price target decreased by 12% to ₩21,500Down from ₩24,500, the current price target is an average from 4 analysts. New target price is 72% above last closing price of ₩12,500. Stock is down 41% over the past year. The company is forecast to post a net loss per share of ₩65.00 next year compared to a net loss per share of ₩1,570 last year.
공시 • Mar 13ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 26, 2025ITM Semiconductor Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 60, yangcheong 3-gil, ochang-eup, cheongwon-gu, chungcheongbuk-do, cheongju South Korea
Buy Or Sell Opportunity • Mar 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₩11,910. The fair value is estimated to be ₩15,278, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 6.3% in a year. Earnings are forecast to grow by 99% in the next year.
분석 기사 • Feb 25Estimating The Intrinsic Value Of ITM Semiconductor Co., Ltd. (KOSDAQ:084850)Key Insights ITM Semiconductor's estimated fair value is ₩15,278 based on 2 Stage Free Cash Flow to Equity Current...
분석 기사 • Nov 13ITM Semiconductor (KOSDAQ:084850) May Have Issues Allocating Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
분석 기사 • Sep 10ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Stock Catapults 31% Though Its Price And Business Still Lag The IndustryThose holding ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) shares would be relieved that the share price has rebounded...
Price Target Changed • Aug 22Price target decreased by 13% to ₩30,750Down from ₩35,500, the current price target is an average from 3 analysts. New target price is 60% above last closing price of ₩19,190. Stock is down 19% over the past year. The company is forecast to post a net loss per share of ₩36.50 next year compared to a net loss per share of ₩1,570 last year.
분석 기사 • Jun 27Estimating The Intrinsic Value Of ITM Semiconductor Co., Ltd. (KOSDAQ:084850)Key Insights The projected fair value for ITM Semiconductor is ₩28,959 based on 2 Stage Free Cash Flow to Equity With...
Major Estimate Revision • Jun 06Consensus EPS estimates fall by 29%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩646.1m to ₩665.0m. Forecast EPS reduced from -₩266 to -₩344 per share. Semiconductor industry in South Korea expected to see average net income growth of 69% next year. Consensus price target up from ₩28,500 to ₩31,500. Share price was steady at ₩22,750 over the past week.
분석 기사 • May 21ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Stock Catapults 29% Though Its Price And Business Still Lag The IndustryITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) shareholders would be excited to see that the share price has had a great...
Major Estimate Revision • May 03Consensus EPS estimates fall from profit to ₩262 lossThe consensus outlook for fiscal year 2024 has been updated. Expected to report loss instead of -₩262 instead of ₩112 per share profit previously forecast. Revenue forecast unchanged at ₩637.1m Semiconductor industry in South Korea expected to see average net income growth of 58% next year. Consensus price target down from ₩33,000 to ₩28,000. Share price was steady at ₩19,520 over the past week.
Reported Earnings • Mar 20Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: ₩1,570 loss per share (further deteriorated from ₩966 loss in FY 2022). Revenue: ₩580.5b (down 8.4% from FY 2022). Net loss: ₩33.0b (loss widened 55% from FY 2022). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Jan 30Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩645.0m to ₩569.7m. Forecast losses increased from -₩582 to -₩927 per share. Semiconductor industry in South Korea expected to see average net income growth of 86% next year. Consensus price target of ₩33,000 unchanged from last update. Share price was steady at ₩26,500 over the past week.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: ₩308 (vs ₩370 in 3Q 2022)Third quarter 2023 results: EPS: ₩308 (down from ₩370 in 3Q 2022). Revenue: ₩198.8b (down 11% from 3Q 2022). Net income: ₩5.78b (down 31% from 3Q 2022). Profit margin: 2.9% (down from 3.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
공시 • Nov 03ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 2, 2024. As of November 1, 2023, the company had 1,550,729 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
New Risk • Jul 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 82% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 20First quarter 2023 earnings released: ₩638 loss per share (vs ₩148 loss in 1Q 2022)First quarter 2023 results: ₩638 loss per share (further deteriorated from ₩148 loss in 1Q 2022). Revenue: ₩103.1b (down 12% from 1Q 2022). Net loss: ₩13.6b (loss widened 307% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 23Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: ₩966 loss per share (down from ₩275 profit in FY 2021). Revenue: ₩633.5b (up 24% from FY 2021). Net loss: ₩21.3b (down 441% from profit in FY 2021). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Mar 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10.0%. The fair value is estimated to be ₩33,659, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 97%. Revenue is forecast to grow by 8.8% in 2 years. Earnings is forecast to grow by 218% in the next 2 years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).
Price Target Changed • Nov 16Price target decreased to ₩43,000Down from ₩48,000, the current price target is an average from 2 analysts. New target price is 39% above last closing price of ₩30,850. Stock is down 28% over the past year. The company is forecast to post earnings per share of ₩23.00 for next year compared to ₩275 last year.
공시 • Nov 05ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until May 3, 2023. As of November 3, 2022, the company had 1,369,434 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
Price Target Changed • Sep 21Price target decreased to ₩43,000Down from ₩48,000, the current price target is an average from 2 analysts. New target price is 40% above last closing price of ₩30,800. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₩23.00 for next year compared to ₩275 last year.
Major Estimate Revision • Sep 21Consensus revenue estimates fall by 16%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from ₩766.0m to ₩645.0m. EPS estimate fell from ₩1,464 to ₩23.00 per share. Net income forecast to grow 1,424% next year vs 30% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩48,000 to ₩43,000. Share price was steady at ₩30,800 over the past week.
공시 • Sep 19ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 5,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until March 20, 2023. As of September 18, 2022, the company had 1,184,634 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
Buying Opportunity • Jul 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₩39,636, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 77%. Revenue is forecast to grow by 42% in a year. Earnings is forecast to grow by 2,212% in the next year.
공시 • Jul 07ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until January 5, 2023. As of July 5, 2022, the company had 871,042 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
Price Target Changed • Apr 27Price target decreased to ₩58,333Down from ₩67,667, the current price target is an average from 3 analysts. New target price is 64% above last closing price of ₩35,550. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩1,453 for next year compared to ₩275 last year.
Buying Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be ₩45,776, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has declined by 74% per annum over the last 3 years.
Buying Opportunity • Mar 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be ₩44,830, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has declined by 74% per annum over the last 3 years.
Reported Earnings • Mar 04Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩275 (down from ₩641 in FY 2020). Revenue: ₩512.5b (up 31% from FY 2020). Net income: ₩6.25b (down 57% from FY 2020). Profit margin: 1.2% (down from 3.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 50%, compared to a 34% growth forecast for the industry in South Korea.
Price Target Changed • Feb 26Price target decreased to ₩58,333Down from ₩67,667, the current price target is an average from 3 analysts. New target price is 65% above last closing price of ₩35,250. Stock is down 23% over the past year. The company is forecast to post earnings per share of ₩419 for next year compared to ₩641 last year.
공시 • Feb 10ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until August 8, 2022. As of February 8, 2022, the company had 753,569 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
Major Estimate Revision • Jan 28Consensus EPS estimates fall by 42%The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₩525.3m to ₩507.0m. EPS estimate also fell from ₩718 per share to ₩419 per share. Net income forecast to grow 2,308% next year vs 45% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩67,667 to ₩65,000. Share price fell 4.4% to ₩38,700 over the past week.
Upcoming Dividend • Dec 22Inaugural dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for ITM Semiconductor since going public. The average dividend yield among industry peers is 0.9%.
Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₩505.0m to ₩526.3m. EPS estimate fell from ₩1,255 to ₩926 per share. Net income forecast to grow 572% next year vs 68% growth forecast for Semiconductor industry in South Korea. Consensus price target of ₩62,333 unchanged from last update. Share price fell 2.5% to ₩44,050 over the past week.
분석 기사 • May 06ITM Semiconductor (KOSDAQ:084850) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • May 04ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces an Equity Buyback for KRW 10,000 million worth of its shares.ITM Semiconductor Co., Ltd. (KOSDAQ:A084850) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholders value. The repurchase program will continue until November 2, 2021. As of May 2, 2021, the company had 307,492 shares in treasury within scope available for dividend and had 204,813 shares in treasury through other repurchase.
분석 기사 • Mar 16Does This Valuation Of ITM Semiconductor Co., Ltd. (KOSDAQ:084850) Imply Investors Are Overpaying?Does the March share price for ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) reflect what it's really worth? Today, we...
Price Target Changed • Feb 26Price target lowered to ₩70,000Down from ₩78,333, the current price target is an average from 3 analysts. The new target price is 53% above the current share price of ₩45,800. As of last close, the stock is down 8.8% over the past year.
분석 기사 • Feb 23The Trends At ITM Semiconductor (KOSDAQ:084850) That You Should Know AboutIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Is New 90 Day High Low • Feb 15New 90-day low: ₩50,800The company is down 2.0% from its price of ₩52,100 on 17 November 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩36,539 per share.
분석 기사 • Feb 05Is ITM Semiconductor Co., Ltd.'s (KOSDAQ:084850) ROE Of 7.9% Impressive?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
분석 기사 • Jan 15Should ITM Semiconductor (KOSDAQ:084850) Be Disappointed With Their 14% Profit?There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if you choose that...
분석 기사 • Dec 25ITM Semiconductor (KOSDAQ:084850) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Major Estimate Revision • Dec 17Analysts lower EPS estimates to ₩1,814The 2020 consensus revenue estimate was lowered from ₩467.7m to ₩445.0m. Earning per share (EPS) estimate was also lowered from ₩2,386 to ₩1,814 for the same period. Net income is expected to grow by 230% next year compared to 51% growth forecast for the Semiconductor industry in South Korea. The consensus price target was lowered from ₩81,000 to ₩78,333. Share price is up 4.6% to ₩59,100 over the past week.
분석 기사 • Dec 04What Is The Ownership Structure Like For ITM Semiconductor Co., Ltd. (KOSDAQ:084850)?The big shareholder groups in ITM Semiconductor Co., Ltd. ( KOSDAQ:084850 ) have power over the company. Large...
Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 17% share price gain to ₩55,800, the stock is trading at a trailing P/E ratio of 29.2x, up from the previous P/E ratio of 25x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total returns to shareholders over the past year are 126%.
Valuation Update With 7 Day Price Move • Oct 26Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₩45,600, the stock is trading at a trailing P/E ratio of 23.9x, down from the previous P/E ratio of 28.6x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea.
Is New 90 Day High Low • Oct 16New 90-day low: ₩53,500The company is down 12% from its price of ₩60,500 on 17 July 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩27,477 per share.
Is New 90 Day High Low • Sep 24New 90-day low: ₩53,900The company is down 16% from its price of ₩63,900 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩25,507 per share.