View Financial HealthTaiwan Surface Mounting Technology 배당 및 자사주 매입배당 기준 점검 3/6Taiwan Surface Mounting Technology 수익으로 충분히 충당되는 현재 수익률 2.47% 보유한 배당금 지급 회사입니다.핵심 정보2.5%배당 수익률0.6%자사주 매입 수익률총 주주 수익률3.0%미래 배당 수익률0%배당 성장률16.7%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향58%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 06Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).Declared Dividend • Jun 21Dividend increased to NT$5.50Dividend of NT$5.50 is 10% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (199% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 20+ 3 more updatesTaiwan Surface Mounting Technology Corp. Announces Cash Dividend for the Year 2024, Payable on August 8, 2025Taiwan Surface Mounting Technology Corp. at its meeting held on June 19, 2025 announced cash dividend of TWD 1,608,190,942(TWD 5.5 per share) for the year 2024, payable on August 8, 2025. Ex-rights (ex-dividend) trading date: July 10, 2025. Ex-rights (ex-dividend) record date: July 16, 2025.분석 기사 • Jun 24Taiwan Surface Mounting Technology (TWSE:6278) Has Announced That Its Dividend Will Be Reduced To NT$5.00Taiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) dividend is being reduced from last year's payment covering...Declared Dividend • Jun 24Dividend reduced to NT$5.00Dividend of NT$5.00 is 29% lower than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.1% over the next year. However, it would need to fall by 44% to increase the payout ratio to a potentially unsustainable range.공시 • Jun 24Taiwan Surface Mounting Technology Corp. Announces Cash Dividend, Payable on August 9, 2024Taiwan Surface Mounting Technology Corp. announced monetary amount of cash dividend distribution for common shares is TWD 1,461,991,765 (TWD 5.0 per share). Ex-rights (ex-dividend) trading date is July 11, 2024; Ex-rights (ex-dividend) record date is July 17, 2024; Payment date of common stock cash dividend distribution is August 9, 2024.모든 업데이트 보기Recent updatesNew Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$185, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 125% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$353 per share.Reported Earnings • Apr 30First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$2.00 (down from NT$2.88 in 1Q 2025). Revenue: NT$12.6b (up 1.1% from 1Q 2025). Net income: NT$627.4m (down 26% from 1Q 2025). Profit margin: 5.0% (down from 6.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic 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 20% per year, which means it is well ahead of earnings.New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 5.6% 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 Risk Earnings have declined by 5.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (93% cash payout ratio).공시 • Apr 23Taiwan Surface Mounting Technology Corp. to Report Q1, 2026 Results on Apr 28, 2026Taiwan Surface Mounting Technology Corp. announced that they will report Q1, 2026 results on Apr 28, 2026Major Estimate Revision • Apr 22Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$53.6b to NT$52.0b. EPS estimate also fell from NT$12.92 per share to NT$10.50 per share. Net income forecast to grow 12% next year vs 28% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$126 to NT$163. Share price rose 15% to NT$158 over the past week.Price Target Changed • Apr 18Price target increased by 21% to NT$149Up from NT$123, the current price target is an average from 2 analysts. New target price is 5.1% below last closing price of NT$157. Stock is up 68% over the past year. The company is forecast to post earnings per share of NT$11.72 for next year compared to NT$9.39 last year.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$114, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$59.14 per share.공시 • Mar 11Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 17, 2026Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 17, 2026. Location: 2 floor no,398, t`ao ying rd., taoyuan district, taoyuan city TaiwanReported Earnings • Mar 11Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$9.39 (down from NT$9.94 in FY 2024). Revenue: NT$49.9b (up 10% from FY 2024). Net income: NT$2.75b (down 5.5% from FY 2024). Profit margin: 5.5% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Price Target Changed • Dec 11Price target increased by 14% to NT$140Up from NT$123, the current price target is provided by 1 analyst. New target price is 40% above last closing price of NT$100.00. Stock is down 4.8% over the past year. The company is forecast to post earnings per share of NT$9.34 for next year compared to NT$9.94 last year.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$2.38 (vs NT$2.27 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.38 (up from NT$2.27 in 3Q 2024). Revenue: NT$12.8b (up 16% from 3Q 2024). Net income: NT$695.9m (up 5.1% from 3Q 2024). Profit margin: 5.4% (down from 6.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$1.64 (down from NT$2.94 in 2Q 2024). Revenue: NT$12.6b (up 9.4% from 2Q 2024). Net income: NT$480.0m (down 44% from 2Q 2024). Profit margin: 3.8% (down from 7.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 06Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).Declared Dividend • Jun 21Dividend increased to NT$5.50Dividend of NT$5.50 is 10% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (199% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 20+ 3 more updatesTaiwan Surface Mounting Technology Corp. Announces Cash Dividend for the Year 2024, Payable on August 8, 2025Taiwan Surface Mounting Technology Corp. at its meeting held on June 19, 2025 announced cash dividend of TWD 1,608,190,942(TWD 5.5 per share) for the year 2024, payable on August 8, 2025. Ex-rights (ex-dividend) trading date: July 10, 2025. Ex-rights (ex-dividend) record date: July 16, 2025.Reported Earnings • May 02First quarter 2025 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2025 results: EPS: NT$2.66 (up from NT$2.33 in 1Q 2024). Revenue: NT$12.4b (up 14% from 1Q 2024). Net income: NT$841.8m (up 24% from 1Q 2024). Profit margin: 6.8% (up from 6.2% in 1Q 2024). 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. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Apr 22Taiwan Surface Mounting Technology Corp. to Report Q1, 2025 Results on Apr 29, 2025Taiwan Surface Mounting Technology Corp. announced that they will report Q1, 2025 results on Apr 29, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$90.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 1.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$44.97 per share.Reported Earnings • Mar 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$9.94 (up from NT$8.57 in FY 2023). Revenue: NT$45.3b (down 2.6% from FY 2023). Net income: NT$2.91b (up 16% from FY 2023). Profit margin: 6.4% (up from 5.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Mar 11Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 19, 2025Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 19, 2025. Location: 3 floor no,398, t`ao ying rd., taoyuan district, taoyuan city Taiwan공시 • Feb 28Taiwan Surface Mounting Technology Corp. to Report Fiscal Year 2024 Results on Mar 10, 2025Taiwan Surface Mounting Technology Corp. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 10, 2025Reported Earnings • Nov 01Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$2.26 (down from NT$3.12 in 3Q 2023). Revenue: NT$11.0b (down 14% from 3Q 2023). Net income: NT$662.4m (down 28% from 3Q 2023). Profit margin: 6.0% (down from 7.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Oct 22Taiwan Surface Mounting Technology Corp. to Report Q3, 2024 Results on Oct 29, 2024Taiwan Surface Mounting Technology Corp. announced that they will report Q3, 2024 results on Oct 29, 2024분석 기사 • Oct 21Returns On Capital Signal Tricky Times Ahead For Taiwan Surface Mounting Technology (TWSE:6278)What are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Sep 06Is It Too Late To Consider Buying Taiwan Surface Mounting Technology Corp. (TWSE:6278)?While Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ) might not have the largest market cap around , it saw...Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$2.94 (up from NT$2.16 in 2Q 2023). Revenue: NT$11.5b (down 5.6% from 2Q 2023). Net income: NT$859.0m (up 36% from 2Q 2023). Profit margin: 7.5% (up from 5.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.분석 기사 • Aug 09Taiwan Surface Mounting Technology Corp.'s (TWSE:6278) Low P/E No Reason For ExcitementWith a price-to-earnings (or "P/E") ratio of 11.2x Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ) may be...공시 • Aug 02Taiwan Surface Mounting Technology Corp. to Report Q2, 2024 Results on Aug 09, 2024Taiwan Surface Mounting Technology Corp. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Aug 09, 2024분석 기사 • Jul 22We Think Taiwan Surface Mounting Technology (TWSE:6278) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Jun 24Taiwan Surface Mounting Technology (TWSE:6278) Has Announced That Its Dividend Will Be Reduced To NT$5.00Taiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) dividend is being reduced from last year's payment covering...Declared Dividend • Jun 24Dividend reduced to NT$5.00Dividend of NT$5.00 is 29% lower than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.1% over the next year. However, it would need to fall by 44% to increase the payout ratio to a potentially unsustainable range.공시 • Jun 24Taiwan Surface Mounting Technology Corp. Announces Cash Dividend, Payable on August 9, 2024Taiwan Surface Mounting Technology Corp. announced monetary amount of cash dividend distribution for common shares is TWD 1,461,991,765 (TWD 5.0 per share). Ex-rights (ex-dividend) trading date is July 11, 2024; Ex-rights (ex-dividend) record date is July 17, 2024; Payment date of common stock cash dividend distribution is August 9, 2024.분석 기사 • May 31This Broker Just Slashed Their Taiwan Surface Mounting Technology Corp. (TWSE:6278) Earnings ForecastsThe analyst covering Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ) delivered a dose of negativity to...Major Estimate Revision • May 31Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$65.1b to NT$49.3b. EPS estimate fell from NT$14.95 to NT$8.83 per share. Net income forecast to shrink 9.8% next year vs 27% growth forecast for Electronic industry in Taiwan . Consensus price target broadly unchanged at NT$126. Share price was steady at NT$114 over the past week.New Risk • May 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.분석 기사 • May 24Is It Time To Consider Buying Taiwan Surface Mounting Technology Corp. (TWSE:6278)?Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ), might not be a large cap stock, but it led the TWSE gainers...Reported Earnings • May 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$2.33 (up from NT$0.97 in 1Q 2023). Revenue: NT$10.9b (up 16% from 1Q 2023). Net income: NT$681.3m (up 139% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.분석 기사 • Apr 29Investors Continue Waiting On Sidelines For Taiwan Surface Mounting Technology Corp. (TWSE:6278)Taiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) price-to-earnings (or "P/E") ratio of 13.3x might make it look...분석 기사 • Mar 20We Think You Can Look Beyond Taiwan Surface Mounting Technology's (TWSE:6278) Lackluster EarningsTaiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) recent soft profit numbers didn't appear to worry...Reported Earnings • Mar 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: NT$8.57 (down from NT$13.82 in FY 2022). Revenue: NT$46.5b (down 32% from FY 2022). Net income: NT$2.51b (down 38% from FY 2022). Profit margin: 5.4% (down from 5.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.분석 기사 • Mar 14Is Taiwan Surface Mounting Technology Corp. (TWSE:6278) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for Taiwan Surface Mounting Technology is NT$83.22 based on Dividend Discount...공시 • Mar 13Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 21, 2024Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 21, 2024. Location: No.398, Taoying Rd., Taoyuan Dist 3rd Floor Ju-I Hall of Chuto Hotel Taoyuan City Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committee's Review Report on the 2023 Financial Statements; to consider Report on the Distribution of Remuneration for Employees and Directors of 2023; to consider Report on the Distribution of 2023 cash dividends; to consider 2023 Business Report and Financial Statements; to consider 2023 Earnings Distribution Proposal.Buy Or Sell Opportunity • Mar 11Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 7.0% to NT$102. The fair value is estimated to be NT$83.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.Buy Or Sell Opportunity • Jan 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to NT$92.80. The fair value is estimated to be NT$77.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.Major Estimate Revision • Nov 12Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$56.3b to NT$47.1b. EPS estimate fell from NT$10.98 to NT$8.56 per share. Net income forecast to grow 42% next year vs 9.7% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$128. Share price was steady at NT$92.40 over the past week.Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$3.13 (down from NT$3.62 in 3Q 2022). Revenue: NT$12.7b (down 27% from 3Q 2022). Net income: NT$913.2m (down 14% from 3Q 2022). Profit margin: 7.2% (up from 6.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Major Estimate Revision • Sep 01Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$9.03 to NT$10.98. Revenue forecast steady at NT$56.3b. Net income forecast to grow 31% next year vs 5.8% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$134 to NT$127. Share price was steady at NT$90.90 over the past week.Reported Earnings • Aug 05Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$2.16 (down from NT$2.87 in 2Q 2022). Revenue: NT$12.2b (down 21% from 2Q 2022). Net income: NT$631.9m (down 25% from 2Q 2022). Profit margin: 5.2% (down from 5.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 24%. Revenue is forecast to grow 16% p.a. on average during the next 2 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 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 06Upcoming dividend of NT$7.00 per share at 6.9% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).Major Estimate Revision • Jun 01Consensus EPS estimates fall by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$59.5b to NT$56.0b. EPS estimate also fell from NT$12.57 per share to NT$9.03 per share. Net income forecast to grow 0.2% next year vs 9.2% decline forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$126. Share price was steady at NT$99.10 over the past week.Reported Earnings • May 10First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: NT$0.97 (down from NT$4.18 in 1Q 2022). Revenue: NT$9.41b (down 48% from 1Q 2022). Net income: NT$284.7m (down 77% from 1Q 2022). Profit margin: 3.0% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 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 29% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Price Target Changed • Feb 04Price target decreased by 11% to NT$121Down from NT$136, the current price target is an average from 3 analysts. New target price is 29% above last closing price of NT$93.50. Stock is down 28% over the past year. The company is forecast to post earnings per share of NT$14.47 for next year compared to NT$12.70 last year.공시 • Dec 31Taiwan Surface Mounting Technology Corp. Announces President Changes, with Effect from January 1, 2023Taiwan Surface Mounting Technology Corp. announced the president changes as follows: Name of the previous position holder: Wu,Kai-Yun; Resume of the previous position holder: TSMT-Chairperson and President; Name of the new position holder: Wu,Yun-Chung; Resume of the new position holder: TSMT-Deputy President of Advanced Process Business Office; Reason for the change: job relocation; Effective date of the new appointment: 01 January 2023.Price Target Changed • Nov 16Price target decreased to NT$160Down from NT$180, the current price target is provided by 1 analyst. New target price is 71% above last closing price of NT$93.60. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$15.01 for next year compared to NT$12.70 last year.Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$3.63 (down from NT$3.83 in 3Q 2021). Revenue: NT$17.3b (down 7.5% from 3Q 2021). Net income: NT$1.06b (down 5.3% from 3Q 2021). Profit margin: 6.1% (up from 6.0% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.87 (vs NT$3.00 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.87 (down from NT$3.00 in 2Q 2021). Revenue: NT$15.4b (down 2.4% from 2Q 2021). Net income: NT$839.8m (down 4.3% from 2Q 2021). Profit margin: 5.5% (down from 5.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 3.7%, compared to a 20% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 07Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.1%).Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$81.40, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years.Price Target Changed • Jun 18Price target increased to NT$180Up from NT$164, the current price target is an average from 2 analysts. New target price is 73% above last closing price of NT$104. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$16.01 for next year compared to NT$12.70 last year.Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$4.18 (up from NT$1.37 in 1Q 2021). Revenue: NT$18.1b (up 57% from 1Q 2021). Net income: NT$1.22b (up 205% from 1Q 2021). Profit margin: 6.7% (up from 3.5% in 1Q 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 2.9%. Over the next year, revenue is forecast to grow 3.5%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.5%. The fair value is estimated to be NT$148, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.Reported Earnings • Mar 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$12.70 (up from NT$7.50 in FY 2020). Revenue: NT$65.7b (up 59% from FY 2020). Net income: NT$3.71b (up 69% from FY 2020). Profit margin: 5.6% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 12%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$3.00 (vs NT$1.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$15.8b (up 64% from 2Q 2020). Net income: NT$877.2m (up 70% from 2Q 2020). Profit margin: 5.6% (up from 5.4% 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 41% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 10Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 17 August 2021. Payment date: 15 September 2021. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).Price Target Changed • Jul 22Price target increased to NT$156Up from NT$145, the current price target is an average from 3 analysts. New target price is 32% above last closing price of NT$118. Stock is down 21% over the past year.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$98.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 300% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$194 per share.Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$1.37 (vs NT$0.55 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.5b (up 38% from 1Q 2020). Net income: NT$400.9m (up 149% from 1Q 2020). Profit margin: 3.5% (up from 1.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Apr 30We Think Taiwan Surface Mounting Technology (TPE:6278) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...분석 기사 • Apr 06Taiwan Surface Mounting Technology (TPE:6278) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...분석 기사 • Mar 25Taiwan Surface Mounting Technology's (TPE:6278) Solid Earnings May Rest On Weak FoundationsTaiwan Surface Mounting Technology Corp.'s ( TPE:6278 ) healthy profit numbers didn't contain any surprises for...분석 기사 • Mar 20Results: Taiwan Surface Mounting Technology Corp. Beat Earnings Expectations And Analysts Now Have New ForecastsInvestors in Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) had a good week, as its shares rose 9.5% to close at...Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$7.50 (vs NT$6.96 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: NT$41.4b (up 9.2% from FY 2019). Net income: NT$2.19b (up 7.8% from FY 2019). Profit margin: 5.3% (down from 5.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Mar 17Is There An Opportunity With Taiwan Surface Mounting Technology Corp.'s (TPE:6278) 47% Undervaluation?Does the March share price for Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) reflect what it's really worth...분석 기사 • Mar 02Shareholders of Taiwan Surface Mounting Technology (TPE:6278) Must Be Delighted With Their 345% Total ReturnIt hasn't been the best quarter for Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) shareholders, since the share...Is New 90 Day High Low • Feb 24New 90-day low: NT$117The company is down 1.0% from its price of NT$119 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$218 per share.분석 기사 • Feb 16With EPS Growth And More, Taiwan Surface Mounting Technology (TPE:6278) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • Feb 02What Does Taiwan Surface Mounting Technology Corp.'s (TPE:6278) Share Price Indicate?Taiwan Surface Mounting Technology Corp. ( TPE:6278 ), is not the largest company out there, but it saw a significant...분석 기사 • Jan 19Taiwan Surface Mounting Technology (TPE:6278) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Jan 06Is Taiwan Surface Mounting Technology Corp. (TPE:6278) A Smart Pick For Income Investors?Is Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) a good dividend stock? How can we tell? Dividend paying...Is New 90 Day High Low • Jan 04New 90-day high: NT$138The company is up 31% from its price of NT$105 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$224 per share.분석 기사 • Dec 21Does Taiwan Surface Mounting Technology (TPE:6278) Have The Makings Of A Multi-Bagger?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Dec 09Are Investors Undervaluing Taiwan Surface Mounting Technology Corp. (TPE:6278) By 32%?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Taiwan Surface...Is New 90 Day High Low • Dec 02New 90-day high: NT$130The company is up 7.0% from its price of NT$121 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$188 per share.분석 기사 • Nov 24Are Robust Financials Driving The Recent Rally In Taiwan Surface Mounting Technology Corp.'s (TPE:6278) Stock?Most readers would already be aware that Taiwan Surface Mounting Technology's (TPE:6278) stock increased significantly...Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 16% share price gain to NT$109, the stock is trading at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 302%.Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$2.08b, up 13% from the prior year. Total revenue was NT$39.1b over the last 12 months, up 5.1% from the prior year.Is New 90 Day High Low • Oct 29New 90-day low: NT$98.20The company is down 27% from its price of NT$135 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$177 per share.Is New 90 Day High Low • Sep 22New 90-day low: NT$114The company is down 13% from its price of NT$130 on 24 June 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 28% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6278 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 6278 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Taiwan Surface Mounting Technology 배당 수익률 vs 시장6278의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6278)2.5%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.1%업계 평균 (Electronic)1.5%분석가 예측 (6278) (최대 3년)0%주목할만한 배당금: 6278 의 배당금( 2.47% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.48% )보다 높습니다.고배당: 6278 의 배당금( 2.47% )은 TW 시장에서 배당금 지급자의 상위 25%( 5.06% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 57.7% )을 통해 6278 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 100.3% )이 높기 때문에 6278 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 13:13종가2026/05/21 00:00수익2026/03/31연간 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 소스Taiwan Surface Mounting Technology Corp.는 10명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sebastian HouBarclaysJasmine WeiBofA Global ResearchChris LinDaiwa Securities Co. Ltd.7명의 분석가 더 보기
Upcoming Dividend • Jul 06Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
Declared Dividend • Jun 21Dividend increased to NT$5.50Dividend of NT$5.50 is 10% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (199% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 20+ 3 more updatesTaiwan Surface Mounting Technology Corp. Announces Cash Dividend for the Year 2024, Payable on August 8, 2025Taiwan Surface Mounting Technology Corp. at its meeting held on June 19, 2025 announced cash dividend of TWD 1,608,190,942(TWD 5.5 per share) for the year 2024, payable on August 8, 2025. Ex-rights (ex-dividend) trading date: July 10, 2025. Ex-rights (ex-dividend) record date: July 16, 2025.
분석 기사 • Jun 24Taiwan Surface Mounting Technology (TWSE:6278) Has Announced That Its Dividend Will Be Reduced To NT$5.00Taiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) dividend is being reduced from last year's payment covering...
Declared Dividend • Jun 24Dividend reduced to NT$5.00Dividend of NT$5.00 is 29% lower than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.1% over the next year. However, it would need to fall by 44% to increase the payout ratio to a potentially unsustainable range.
공시 • Jun 24Taiwan Surface Mounting Technology Corp. Announces Cash Dividend, Payable on August 9, 2024Taiwan Surface Mounting Technology Corp. announced monetary amount of cash dividend distribution for common shares is TWD 1,461,991,765 (TWD 5.0 per share). Ex-rights (ex-dividend) trading date is July 11, 2024; Ex-rights (ex-dividend) record date is July 17, 2024; Payment date of common stock cash dividend distribution is August 9, 2024.
New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$185, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 125% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$353 per share.
Reported Earnings • Apr 30First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$2.00 (down from NT$2.88 in 1Q 2025). Revenue: NT$12.6b (up 1.1% from 1Q 2025). Net income: NT$627.4m (down 26% from 1Q 2025). Profit margin: 5.0% (down from 6.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic 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 20% per year, which means it is well ahead of earnings.
New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 5.6% 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 Risk Earnings have declined by 5.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (93% cash payout ratio).
공시 • Apr 23Taiwan Surface Mounting Technology Corp. to Report Q1, 2026 Results on Apr 28, 2026Taiwan Surface Mounting Technology Corp. announced that they will report Q1, 2026 results on Apr 28, 2026
Major Estimate Revision • Apr 22Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$53.6b to NT$52.0b. EPS estimate also fell from NT$12.92 per share to NT$10.50 per share. Net income forecast to grow 12% next year vs 28% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$126 to NT$163. Share price rose 15% to NT$158 over the past week.
Price Target Changed • Apr 18Price target increased by 21% to NT$149Up from NT$123, the current price target is an average from 2 analysts. New target price is 5.1% below last closing price of NT$157. Stock is up 68% over the past year. The company is forecast to post earnings per share of NT$11.72 for next year compared to NT$9.39 last year.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$114, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$59.14 per share.
공시 • Mar 11Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 17, 2026Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 17, 2026. Location: 2 floor no,398, t`ao ying rd., taoyuan district, taoyuan city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$9.39 (down from NT$9.94 in FY 2024). Revenue: NT$49.9b (up 10% from FY 2024). Net income: NT$2.75b (down 5.5% from FY 2024). Profit margin: 5.5% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Price Target Changed • Dec 11Price target increased by 14% to NT$140Up from NT$123, the current price target is provided by 1 analyst. New target price is 40% above last closing price of NT$100.00. Stock is down 4.8% over the past year. The company is forecast to post earnings per share of NT$9.34 for next year compared to NT$9.94 last year.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$2.38 (vs NT$2.27 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.38 (up from NT$2.27 in 3Q 2024). Revenue: NT$12.8b (up 16% from 3Q 2024). Net income: NT$695.9m (up 5.1% from 3Q 2024). Profit margin: 5.4% (down from 6.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$1.64 (down from NT$2.94 in 2Q 2024). Revenue: NT$12.6b (up 9.4% from 2Q 2024). Net income: NT$480.0m (down 44% from 2Q 2024). Profit margin: 3.8% (down from 7.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 06Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
Declared Dividend • Jun 21Dividend increased to NT$5.50Dividend of NT$5.50 is 10% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (199% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 20+ 3 more updatesTaiwan Surface Mounting Technology Corp. Announces Cash Dividend for the Year 2024, Payable on August 8, 2025Taiwan Surface Mounting Technology Corp. at its meeting held on June 19, 2025 announced cash dividend of TWD 1,608,190,942(TWD 5.5 per share) for the year 2024, payable on August 8, 2025. Ex-rights (ex-dividend) trading date: July 10, 2025. Ex-rights (ex-dividend) record date: July 16, 2025.
Reported Earnings • May 02First quarter 2025 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2025 results: EPS: NT$2.66 (up from NT$2.33 in 1Q 2024). Revenue: NT$12.4b (up 14% from 1Q 2024). Net income: NT$841.8m (up 24% from 1Q 2024). Profit margin: 6.8% (up from 6.2% in 1Q 2024). 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. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Apr 22Taiwan Surface Mounting Technology Corp. to Report Q1, 2025 Results on Apr 29, 2025Taiwan Surface Mounting Technology Corp. announced that they will report Q1, 2025 results on Apr 29, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$90.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 1.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$44.97 per share.
Reported Earnings • Mar 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$9.94 (up from NT$8.57 in FY 2023). Revenue: NT$45.3b (down 2.6% from FY 2023). Net income: NT$2.91b (up 16% from FY 2023). Profit margin: 6.4% (up from 5.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Mar 11Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 19, 2025Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 19, 2025. Location: 3 floor no,398, t`ao ying rd., taoyuan district, taoyuan city Taiwan
공시 • Feb 28Taiwan Surface Mounting Technology Corp. to Report Fiscal Year 2024 Results on Mar 10, 2025Taiwan Surface Mounting Technology Corp. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 10, 2025
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$2.26 (down from NT$3.12 in 3Q 2023). Revenue: NT$11.0b (down 14% from 3Q 2023). Net income: NT$662.4m (down 28% from 3Q 2023). Profit margin: 6.0% (down from 7.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Oct 22Taiwan Surface Mounting Technology Corp. to Report Q3, 2024 Results on Oct 29, 2024Taiwan Surface Mounting Technology Corp. announced that they will report Q3, 2024 results on Oct 29, 2024
분석 기사 • Oct 21Returns On Capital Signal Tricky Times Ahead For Taiwan Surface Mounting Technology (TWSE:6278)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Sep 06Is It Too Late To Consider Buying Taiwan Surface Mounting Technology Corp. (TWSE:6278)?While Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ) might not have the largest market cap around , it saw...
Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$2.94 (up from NT$2.16 in 2Q 2023). Revenue: NT$11.5b (down 5.6% from 2Q 2023). Net income: NT$859.0m (up 36% from 2Q 2023). Profit margin: 7.5% (up from 5.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
분석 기사 • Aug 09Taiwan Surface Mounting Technology Corp.'s (TWSE:6278) Low P/E No Reason For ExcitementWith a price-to-earnings (or "P/E") ratio of 11.2x Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ) may be...
공시 • Aug 02Taiwan Surface Mounting Technology Corp. to Report Q2, 2024 Results on Aug 09, 2024Taiwan Surface Mounting Technology Corp. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Aug 09, 2024
분석 기사 • Jul 22We Think Taiwan Surface Mounting Technology (TWSE:6278) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Jun 24Taiwan Surface Mounting Technology (TWSE:6278) Has Announced That Its Dividend Will Be Reduced To NT$5.00Taiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) dividend is being reduced from last year's payment covering...
Declared Dividend • Jun 24Dividend reduced to NT$5.00Dividend of NT$5.00 is 29% lower than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.1% over the next year. However, it would need to fall by 44% to increase the payout ratio to a potentially unsustainable range.
공시 • Jun 24Taiwan Surface Mounting Technology Corp. Announces Cash Dividend, Payable on August 9, 2024Taiwan Surface Mounting Technology Corp. announced monetary amount of cash dividend distribution for common shares is TWD 1,461,991,765 (TWD 5.0 per share). Ex-rights (ex-dividend) trading date is July 11, 2024; Ex-rights (ex-dividend) record date is July 17, 2024; Payment date of common stock cash dividend distribution is August 9, 2024.
분석 기사 • May 31This Broker Just Slashed Their Taiwan Surface Mounting Technology Corp. (TWSE:6278) Earnings ForecastsThe analyst covering Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ) delivered a dose of negativity to...
Major Estimate Revision • May 31Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$65.1b to NT$49.3b. EPS estimate fell from NT$14.95 to NT$8.83 per share. Net income forecast to shrink 9.8% next year vs 27% growth forecast for Electronic industry in Taiwan . Consensus price target broadly unchanged at NT$126. Share price was steady at NT$114 over the past week.
New Risk • May 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
분석 기사 • May 24Is It Time To Consider Buying Taiwan Surface Mounting Technology Corp. (TWSE:6278)?Taiwan Surface Mounting Technology Corp. ( TWSE:6278 ), might not be a large cap stock, but it led the TWSE gainers...
Reported Earnings • May 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$2.33 (up from NT$0.97 in 1Q 2023). Revenue: NT$10.9b (up 16% from 1Q 2023). Net income: NT$681.3m (up 139% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
분석 기사 • Apr 29Investors Continue Waiting On Sidelines For Taiwan Surface Mounting Technology Corp. (TWSE:6278)Taiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) price-to-earnings (or "P/E") ratio of 13.3x might make it look...
분석 기사 • Mar 20We Think You Can Look Beyond Taiwan Surface Mounting Technology's (TWSE:6278) Lackluster EarningsTaiwan Surface Mounting Technology Corp.'s ( TWSE:6278 ) recent soft profit numbers didn't appear to worry...
Reported Earnings • Mar 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: NT$8.57 (down from NT$13.82 in FY 2022). Revenue: NT$46.5b (down 32% from FY 2022). Net income: NT$2.51b (down 38% from FY 2022). Profit margin: 5.4% (down from 5.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 14Is Taiwan Surface Mounting Technology Corp. (TWSE:6278) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for Taiwan Surface Mounting Technology is NT$83.22 based on Dividend Discount...
공시 • Mar 13Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 21, 2024Taiwan Surface Mounting Technology Corp., Annual General Meeting, Jun 21, 2024. Location: No.398, Taoying Rd., Taoyuan Dist 3rd Floor Ju-I Hall of Chuto Hotel Taoyuan City Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committee's Review Report on the 2023 Financial Statements; to consider Report on the Distribution of Remuneration for Employees and Directors of 2023; to consider Report on the Distribution of 2023 cash dividends; to consider 2023 Business Report and Financial Statements; to consider 2023 Earnings Distribution Proposal.
Buy Or Sell Opportunity • Mar 11Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 7.0% to NT$102. The fair value is estimated to be NT$83.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.
Buy Or Sell Opportunity • Jan 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to NT$92.80. The fair value is estimated to be NT$77.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.
Major Estimate Revision • Nov 12Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$56.3b to NT$47.1b. EPS estimate fell from NT$10.98 to NT$8.56 per share. Net income forecast to grow 42% next year vs 9.7% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$128. Share price was steady at NT$92.40 over the past week.
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$3.13 (down from NT$3.62 in 3Q 2022). Revenue: NT$12.7b (down 27% from 3Q 2022). Net income: NT$913.2m (down 14% from 3Q 2022). Profit margin: 7.2% (up from 6.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Sep 01Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$9.03 to NT$10.98. Revenue forecast steady at NT$56.3b. Net income forecast to grow 31% next year vs 5.8% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$134 to NT$127. Share price was steady at NT$90.90 over the past week.
Reported Earnings • Aug 05Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$2.16 (down from NT$2.87 in 2Q 2022). Revenue: NT$12.2b (down 21% from 2Q 2022). Net income: NT$631.9m (down 25% from 2Q 2022). Profit margin: 5.2% (down from 5.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 24%. Revenue is forecast to grow 16% p.a. on average during the next 2 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 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 06Upcoming dividend of NT$7.00 per share at 6.9% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
Major Estimate Revision • Jun 01Consensus EPS estimates fall by 28%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$59.5b to NT$56.0b. EPS estimate also fell from NT$12.57 per share to NT$9.03 per share. Net income forecast to grow 0.2% next year vs 9.2% decline forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$126. Share price was steady at NT$99.10 over the past week.
Reported Earnings • May 10First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: NT$0.97 (down from NT$4.18 in 1Q 2022). Revenue: NT$9.41b (down 48% from 1Q 2022). Net income: NT$284.7m (down 77% from 1Q 2022). Profit margin: 3.0% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 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 29% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Price Target Changed • Feb 04Price target decreased by 11% to NT$121Down from NT$136, the current price target is an average from 3 analysts. New target price is 29% above last closing price of NT$93.50. Stock is down 28% over the past year. The company is forecast to post earnings per share of NT$14.47 for next year compared to NT$12.70 last year.
공시 • Dec 31Taiwan Surface Mounting Technology Corp. Announces President Changes, with Effect from January 1, 2023Taiwan Surface Mounting Technology Corp. announced the president changes as follows: Name of the previous position holder: Wu,Kai-Yun; Resume of the previous position holder: TSMT-Chairperson and President; Name of the new position holder: Wu,Yun-Chung; Resume of the new position holder: TSMT-Deputy President of Advanced Process Business Office; Reason for the change: job relocation; Effective date of the new appointment: 01 January 2023.
Price Target Changed • Nov 16Price target decreased to NT$160Down from NT$180, the current price target is provided by 1 analyst. New target price is 71% above last closing price of NT$93.60. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$15.01 for next year compared to NT$12.70 last year.
Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$3.63 (down from NT$3.83 in 3Q 2021). Revenue: NT$17.3b (down 7.5% from 3Q 2021). Net income: NT$1.06b (down 5.3% from 3Q 2021). Profit margin: 6.1% (up from 6.0% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.87 (vs NT$3.00 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.87 (down from NT$3.00 in 2Q 2021). Revenue: NT$15.4b (down 2.4% from 2Q 2021). Net income: NT$839.8m (down 4.3% from 2Q 2021). Profit margin: 5.5% (down from 5.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 3.7%, compared to a 20% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 07Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.1%).
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$81.40, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years.
Price Target Changed • Jun 18Price target increased to NT$180Up from NT$164, the current price target is an average from 2 analysts. New target price is 73% above last closing price of NT$104. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$16.01 for next year compared to NT$12.70 last year.
Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$4.18 (up from NT$1.37 in 1Q 2021). Revenue: NT$18.1b (up 57% from 1Q 2021). Net income: NT$1.22b (up 205% from 1Q 2021). Profit margin: 6.7% (up from 3.5% in 1Q 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 2.9%. Over the next year, revenue is forecast to grow 3.5%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.5%. The fair value is estimated to be NT$148, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.
Reported Earnings • Mar 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$12.70 (up from NT$7.50 in FY 2020). Revenue: NT$65.7b (up 59% from FY 2020). Net income: NT$3.71b (up 69% from FY 2020). Profit margin: 5.6% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 12%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$3.00 (vs NT$1.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$15.8b (up 64% from 2Q 2020). Net income: NT$877.2m (up 70% from 2Q 2020). Profit margin: 5.6% (up from 5.4% 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 41% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 10Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 17 August 2021. Payment date: 15 September 2021. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).
Price Target Changed • Jul 22Price target increased to NT$156Up from NT$145, the current price target is an average from 3 analysts. New target price is 32% above last closing price of NT$118. Stock is down 21% over the past year.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$98.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 300% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$194 per share.
Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$1.37 (vs NT$0.55 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.5b (up 38% from 1Q 2020). Net income: NT$400.9m (up 149% from 1Q 2020). Profit margin: 3.5% (up from 1.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Apr 30We Think Taiwan Surface Mounting Technology (TPE:6278) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
분석 기사 • Apr 06Taiwan Surface Mounting Technology (TPE:6278) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
분석 기사 • Mar 25Taiwan Surface Mounting Technology's (TPE:6278) Solid Earnings May Rest On Weak FoundationsTaiwan Surface Mounting Technology Corp.'s ( TPE:6278 ) healthy profit numbers didn't contain any surprises for...
분석 기사 • Mar 20Results: Taiwan Surface Mounting Technology Corp. Beat Earnings Expectations And Analysts Now Have New ForecastsInvestors in Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) had a good week, as its shares rose 9.5% to close at...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$7.50 (vs NT$6.96 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: NT$41.4b (up 9.2% from FY 2019). Net income: NT$2.19b (up 7.8% from FY 2019). Profit margin: 5.3% (down from 5.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Mar 17Is There An Opportunity With Taiwan Surface Mounting Technology Corp.'s (TPE:6278) 47% Undervaluation?Does the March share price for Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) reflect what it's really worth...
분석 기사 • Mar 02Shareholders of Taiwan Surface Mounting Technology (TPE:6278) Must Be Delighted With Their 345% Total ReturnIt hasn't been the best quarter for Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) shareholders, since the share...
Is New 90 Day High Low • Feb 24New 90-day low: NT$117The company is down 1.0% from its price of NT$119 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$218 per share.
분석 기사 • Feb 16With EPS Growth And More, Taiwan Surface Mounting Technology (TPE:6278) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • Feb 02What Does Taiwan Surface Mounting Technology Corp.'s (TPE:6278) Share Price Indicate?Taiwan Surface Mounting Technology Corp. ( TPE:6278 ), is not the largest company out there, but it saw a significant...
분석 기사 • Jan 19Taiwan Surface Mounting Technology (TPE:6278) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Jan 06Is Taiwan Surface Mounting Technology Corp. (TPE:6278) A Smart Pick For Income Investors?Is Taiwan Surface Mounting Technology Corp. ( TPE:6278 ) a good dividend stock? How can we tell? Dividend paying...
Is New 90 Day High Low • Jan 04New 90-day high: NT$138The company is up 31% from its price of NT$105 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$224 per share.
분석 기사 • Dec 21Does Taiwan Surface Mounting Technology (TPE:6278) Have The Makings Of A Multi-Bagger?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Dec 09Are Investors Undervaluing Taiwan Surface Mounting Technology Corp. (TPE:6278) By 32%?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Taiwan Surface...
Is New 90 Day High Low • Dec 02New 90-day high: NT$130The company is up 7.0% from its price of NT$121 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$188 per share.
분석 기사 • Nov 24Are Robust Financials Driving The Recent Rally In Taiwan Surface Mounting Technology Corp.'s (TPE:6278) Stock?Most readers would already be aware that Taiwan Surface Mounting Technology's (TPE:6278) stock increased significantly...
Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 16% share price gain to NT$109, the stock is trading at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 302%.
Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$2.08b, up 13% from the prior year. Total revenue was NT$39.1b over the last 12 months, up 5.1% from the prior year.
Is New 90 Day High Low • Oct 29New 90-day low: NT$98.20The company is down 27% from its price of NT$135 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$177 per share.
Is New 90 Day High Low • Sep 22New 90-day low: NT$114The company is down 13% from its price of NT$130 on 24 June 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 28% over the same period.