Announcement • Jun 01
SK-Electronics CO.,LTD. to Report Q3, 2026 Results on Aug 10, 2026 SK-Electronics CO.,LTD. announced that they will report Q3, 2026 results on Aug 10, 2026 Reported Earnings • May 13
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: EPS: JP¥74.39 (up from JP¥58.07 in 2Q 2025). Revenue: JP¥6.97b (down 3.7% from 2Q 2025). Net income: JP¥773.0m (up 28% from 2Q 2025). Profit margin: 11% (up from 8.3% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. 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 29% per year, which means it is well ahead of earnings. Announcement • Apr 14
SK-Electronics CO.,LTD. to Report First Half, 2026 Results on May 11, 2026 SK-Electronics CO.,LTD. announced that they will report first half, 2026 results on May 11, 2026 Reported Earnings • Feb 10
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: JP¥102 (up from JP¥102 in 1Q 2025). Revenue: JP¥7.39b (up 5.0% from 1Q 2025). Net income: JP¥1.06b (flat on 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. 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 34% per year, which means it is well ahead of earnings. Price Target Changed • Jan 09
Price target increased by 14% to JP¥4,000 Up from JP¥3,500, the current price target is provided by 1 analyst. New target price is 27% above last closing price of JP¥3,160. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥313 for next year compared to JP¥263 last year. Announcement • Nov 29
SK-Electronics CO.,LTD. to Report Q1, 2026 Results on Feb 09, 2026 SK-Electronics CO.,LTD. announced that they will report Q1, 2026 results on Feb 09, 2026 New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Nov 12
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥263 (up from JP¥221 in FY 2024). Revenue: JP¥29.2b (up 13% from FY 2024). Net income: JP¥2.73b (up 19% from FY 2024). Profit margin: 9.4% (up from 8.9% in FY 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 6.7% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Announcement • Nov 10
SK-Electronics CO.,LTD., Annual General Meeting, Dec 19, 2025 SK-Electronics CO.,LTD., Annual General Meeting, Dec 19, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥128 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 25 December 2025. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.3%). Announcement • Sep 19
SK-Electronics CO.,LTD. to Report Fiscal Year 2025 Results on Nov 10, 2025 SK-Electronics CO.,LTD. announced that they will report fiscal year 2025 results on Nov 10, 2025 Reported Earnings • Aug 16
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: EPS: JP¥41.60 (down from JP¥107 in 3Q 2024). Revenue: JP¥7.76b (up 3.7% from 3Q 2024). Net income: JP¥432.0m (down 61% from 3Q 2024). Profit margin: 5.6% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Semiconductor industry in Japan. 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 29% per year, which means it is well ahead of earnings. Announcement • Jun 03
SK-Electronics CO.,LTD. to Report Q3, 2025 Results on Aug 12, 2025 SK-Electronics CO.,LTD. announced that they will report Q3, 2025 results on Aug 12, 2025 Declared Dividend • May 14
Dividend of JP¥128 announced Shareholders will receive a dividend of JP¥128. Ex-date: 29th September 2025 Payment date: 25th December 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 44% over the next 3 years. However, it would need to fall by 62% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • May 13
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: JP¥58.07 (up from JP¥46.80 in 2Q 2024). Revenue: JP¥7.24b (up 27% from 2Q 2024). Net income: JP¥603.0m (up 24% from 2Q 2024). Profit margin: 8.3% (down from 8.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.6%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 15
SK-Electronics CO.,LTD. (TSE:6677) agreed to acquire Asahitec Co., Ltd. SK-Electronics CO.,LTD. (TSE:6677) agreed to acquire Asahitec Co., Ltd. on April 14, 2025. The expected completion of the transaction is third quarter of the fiscal year ending September 2025. Buy Or Sell Opportunity • Apr 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.3% to JP¥1,873. The fair value is estimated to be JP¥2,405, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to decline by 31% in the next 2 years. Announcement • Mar 01
SK-Electronics CO.,LTD. to Report Q2, 2025 Results on May 12, 2025 SK-Electronics CO.,LTD. announced that they will report Q2, 2025 results on May 12, 2025 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥2,466, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,678 per share. Reported Earnings • Feb 12
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: JP¥102 (up from JP¥14.25 in 1Q 2024). Revenue: JP¥7.04b (up 9.2% from 1Q 2024). Net income: JP¥1.06b (up JP¥911.0m from 1Q 2024). Profit margin: 15% (up from 2.3% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 28
Full year 2024 earnings: EPS in line with expectations, revenues disappoint Full year 2024 results: EPS: JP¥221 (down from JP¥326 in FY 2023). Revenue: JP¥25.7b (down 8.5% from FY 2023). Net income: JP¥2.29b (down 32% from FY 2023). Profit margin: 8.9% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 03
SK-Electronics CO.,LTD. to Report Q1, 2025 Results on Feb 10, 2025 SK-Electronics CO.,LTD. announced that they will report Q1, 2025 results on Feb 10, 2025 New Risk • Nov 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.6% 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 3.6% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Nov 14
Full year 2024 earnings: EPS in line with expectations, revenues disappoint Full year 2024 results: EPS: JP¥221 (down from JP¥326 in FY 2023). Revenue: JP¥25.7b (down 8.5% from FY 2023). Net income: JP¥2.29b (down 32% from FY 2023). Profit margin: 8.9% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,013, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 120% over the past three years. New Risk • Nov 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% 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 (8.1% average weekly change). Earnings are forecast to decline by an average of 1.3% 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. Announcement • Nov 11
SK-Electronics CO.,LTD., Annual General Meeting, Dec 24, 2024 SK-Electronics CO.,LTD., Annual General Meeting, Dec 24, 2024. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥117 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 December 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Aug 29
SK-Electronics CO.,LTD. to Report Fiscal Year 2024 Results on Nov 11, 2024 SK-Electronics CO.,LTD. announced that they will report fiscal year 2024 results on Nov 11, 2024 Major Estimate Revision • Aug 15
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥28.4b to JP¥27.4b. EPS estimate also fell from JP¥295 per share to JP¥252 per share. Net income forecast to grow 5.4% next year vs 16% growth forecast for Semiconductor industry in Japan. Consensus price target of JP¥4,000 unchanged from last update. Share price fell 8.0% to JP¥2,499 over the past week. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥2,365, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 170% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,768 per share. New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Price Target Changed • Jul 06
Price target decreased by 13% to JP¥4,000 Down from JP¥4,600, the current price target is provided by 1 analyst. New target price is 19% above last closing price of JP¥3,355. Stock is up 96% over the past year. The company is forecast to post earnings per share of JP¥295 for next year compared to JP¥326 last year. Announcement • Jun 02
SK-Electronics CO.,LTD. to Report Q3, 2024 Results on Aug 13, 2024 SK-Electronics CO.,LTD. announced that they will report Q3, 2024 results on Aug 13, 2024 Buy Or Sell Opportunity • May 17
Now 23% overvalued Over the last 90 days, the stock has fallen 10% to JP¥2,874. The fair value is estimated to be JP¥2,335, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Reported Earnings • May 16
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: JP¥46.80 (down from JP¥70.78 in 2Q 2023). Revenue: JP¥5.70b (down 11% from 2Q 2023). Net income: JP¥486.0m (down 34% from 2Q 2023). Profit margin: 8.5% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 15
Dividend of JP¥167 announced Shareholders will receive a dividend of JP¥167. Ex-date: 27th September 2024 Payment date: 18th December 2024 Dividend yield will be 5.9%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 24
SK-Electronics CO.,LTD. to Report Q2, 2024 Results on May 13, 2024 SK-Electronics CO.,LTD. announced that they will report Q2, 2024 results on May 13, 2024 Reported Earnings • Feb 14
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: JP¥14.25 (down from JP¥63.46 in 1Q 2023). Revenue: JP¥6.45b (down 14% from 1Q 2023). Net income: JP¥148.0m (down 78% from 1Q 2023). Profit margin: 2.3% (down from 8.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥3,260, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 175% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,394 per share. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥3,895, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 232% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,297 per share. Announcement • Nov 29
SK-Electronics CO.,LTD. to Report Q1, 2024 Results on Feb 13, 2024 SK-Electronics CO.,LTD. announced that they will report Q1, 2024 results on Feb 13, 2024 Reported Earnings • Nov 15
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥326 (up from JP¥317 in FY 2022). Revenue: JP¥28.1b (up 13% from FY 2022). Net income: JP¥3.38b (up 1.9% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). 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 4.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥3,350, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,290 per share. Announcement • Nov 13
SK-Electronics CO.,LTD., Annual General Meeting, Dec 15, 2023 SK-Electronics CO.,LTD., Annual General Meeting, Dec 15, 2023. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥144 per share at 2.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 19 December 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Announcement • Sep 02
SK-Electronics CO.,LTD. to Report Fiscal Year 2023 Results on Nov 13, 2023 SK-Electronics CO.,LTD. announced that they will report fiscal year 2023 results on Nov 13, 2023 Reported Earnings • Aug 16
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: JP¥97.07 (down from JP¥116 in 3Q 2022). Revenue: JP¥7.12b (down 3.4% from 3Q 2022). Net income: JP¥1.01b (down 17% from 3Q 2022). Profit margin: 14% (down from 17% in 3Q 2022). Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 91%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥1,978, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 122% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,543 per share. Announcement • May 31
SK-Electronics CO.,LTD. to Report Q3, 2023 Results on Aug 14, 2023 SK-Electronics CO.,LTD. announced that they will report Q3, 2023 results on Aug 14, 2023 Reported Earnings • May 20
Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2023 results: EPS: JP¥70.78 (up from JP¥52.34 in 2Q 2022). Revenue: JP¥6.40b (up 18% from 2Q 2022). Net income: JP¥735.0m (up 34% from 2Q 2022). Profit margin: 12% (up from 10% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 19%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 15
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: EPS: JP¥63.46 (up from JP¥20.88 in 1Q 2022). Revenue: JP¥7.49b (up 50% from 1Q 2022). Net income: JP¥659.0m (up 201% from 1Q 2022). Profit margin: 8.8% (up from 4.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥1,419, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Semiconductor industry in Japan. Total returns to shareholders of 10% over the past three years. Announcement • Nov 30
SK-Electronics CO.,LTD. to Report Q1, 2023 Results on Feb 13, 2023 SK-Electronics CO.,LTD. announced that they will report Q1, 2023 results on Feb 13, 2023 Major Estimate Revision • Nov 21
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from JP¥237 to JP¥207. Revenue forecast unchanged from JP¥24.2b at last update. Net income forecast to shrink 35% next year vs 0.5% decline forecast for Semiconductor industry in Japan. Consensus price target of JP¥1,600 unchanged from last update. Share price fell 7.1% to JP¥1,193 over the past week. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Outside Director Shushi Hori was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 8.0% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.9%). Announcement • Sep 01
SK-Electronics CO.,LTD. to Report Fiscal Year 2022 Results on Nov 14, 2022 SK-Electronics CO.,LTD. announced that they will report fiscal year 2022 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 32% share price gain to JP¥1,310, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Semiconductor industry in Japan. Total loss to shareholders of 29% over the past three years. Reported Earnings • Aug 09
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥116 (up from JP¥33.75 in 3Q 2021). Revenue: JP¥7.38b (up 33% from 3Q 2021). Net income: JP¥1.22b (up 244% from 3Q 2021). Profit margin: 17% (up from 6.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 248%. Over the next year, revenue is forecast to stay flat compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Major Estimate Revision • May 25
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥113 to JP¥128. Revenue forecast unchanged at JP¥22.1b. Net income forecast to shrink 21% next year vs 7.6% growth forecast for Semiconductor industry in Japan . Consensus price target of JP¥1,300 unchanged from last update. Share price fell 4.9% to JP¥917 over the past week. Reported Earnings • May 20
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: JP¥52.34 (up from JP¥13.63 loss in 2Q 2021). Revenue: JP¥5.43b (up 23% from 2Q 2021). Net income: JP¥549.0m (up JP¥692.0m from 2Q 2021). Profit margin: 10% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Over the next year, revenue is forecast to grow 4.0%, compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥964, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Semiconductor industry in Japan. Total loss to shareholders of 49% over the past three years. Price Target Changed • Apr 27
Price target decreased to JP¥1,300 Down from JP¥1,600, the current price target is an average from 2 analysts. New target price is 66% above last closing price of JP¥784. Stock is down 38% over the past year. The company is forecast to post earnings per share of JP¥109 for next year compared to JP¥102 last year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Outside Director Shushi Hori was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
SK-Electronics CO.,LTD. to Report Q2, 2022 Results on May 16, 2022 SK-Electronics CO.,LTD. announced that they will report Q2, 2022 results on May 16, 2022