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6697

Techpoint TSE:6697 Stock Report

Last Price

JP¥921.00

Market Cap

JP¥17.4b

7D

-6.0%

1Y

-53.8%

Updated

24 May, 2022

Data

Company Financials +
6697 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

6697 Stock Overview

Techpoint, Inc., a fabless semiconductor company, designs, markets, and sells mixed-signal integrated circuits for various video applications in the security surveillance and automotive markets.

Techpoint Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Techpoint
Historical stock prices
Current Share PriceJP¥921.00
52 Week HighJP¥2,420.00
52 Week LowJP¥876.00
Beta2.61
1 Month Change-8.72%
3 Month Change-18.86%
1 Year Change-53.84%
3 Year Change39.33%
5 Year Changen/a
Change since IPO-32.87%

Recent News & Updates

Shareholder Returns

6697JP SemiconductorJP Market
7D-6.0%2.0%1.5%
1Y-53.8%13.7%-2.7%

Return vs Industry: 6697 underperformed the JP Semiconductor industry which returned 13.7% over the past year.

Return vs Market: 6697 underperformed the JP Market which returned -2.7% over the past year.

Price Volatility

Is 6697's price volatile compared to industry and market?
6697 volatility
6697 Average Weekly Movement6.6%
Semiconductor Industry Average Movement6.3%
Market Average Movement4.5%
10% most volatile stocks in JP Market8.9%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 6697 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 6697's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
201276Fumihiro Kozatohttps://www.techpoint.co.jp

Techpoint, Inc., a fabless semiconductor company, designs, markets, and sells mixed-signal integrated circuits for various video applications in the security surveillance and automotive markets. Its integrated circuits enable the transmission of high definition (HD) video content over long cable distances to facilitate the display, storage, or processing of video content. The company’s products include HD-TVI transmitters and receivers, HD-SDI receivers, automotive camera processors, and HD LCD controllers.

Techpoint Fundamentals Summary

How do Techpoint's earnings and revenue compare to its market cap?
6697 fundamental statistics
Market CapUS$135.89m
Earnings (TTM)US$17.81m
Revenue (TTM)US$66.18m

7.3x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6697 income statement (TTM)
RevenueUS$66.18m
Cost of RevenueUS$29.66m
Gross ProfitUS$36.52m
Other ExpensesUS$18.71m
EarningsUS$17.81m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.99
Gross Margin55.19%
Net Profit Margin26.91%
Debt/Equity Ratio0%

How did 6697 perform over the long term?

See historical performance and comparison

Valuation

Is Techpoint undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 6697 (¥921) is trading below our estimate of fair value (¥4104.76)

Significantly Below Fair Value: 6697 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6697 is good value based on its Price-To-Earnings Ratio (7.3x) compared to the JP Semiconductor industry average (11.8x).

PE vs Market: 6697 is good value based on its Price-To-Earnings Ratio (7.3x) compared to the JP market (12.4x).


Price to Earnings Growth Ratio

PEG Ratio: 6697 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: 6697 is overvalued based on its Price-To-Book Ratio (2.3x) compared to the JP Semiconductor industry average (1.5x).


Future Growth

How is Techpoint forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6697's forecast earnings growth (9.3% per year) is above the savings rate (0.02%).

Earnings vs Market: 6697's earnings (9.3% per year) are forecast to grow faster than the JP market (8.8% per year).

High Growth Earnings: 6697's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6697's revenue (7.1% per year) is forecast to grow faster than the JP market (4.1% per year).

High Growth Revenue: 6697's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6697's Return on Equity is forecast to be high in 3 years time (27.9%)


Past Performance

How has Techpoint performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


60.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6697 has a high level of non-cash earnings.

Growing Profit Margin: 6697's current net profit margins (26.9%) are higher than last year (17.2%).


Past Earnings Growth Analysis

Earnings Trend: 6697's earnings have grown significantly by 60% per year over the past 5 years.

Accelerating Growth: 6697's earnings growth over the past year (150.8%) exceeds its 5-year average (60% per year).

Earnings vs Industry: 6697 earnings growth over the past year (150.8%) exceeded the Semiconductor industry 100.7%.


Return on Equity

High ROE: 6697's Return on Equity (31.4%) is considered high.


Financial Health

How is Techpoint's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6697's short term assets ($58.5M) exceed its short term liabilities ($6.1M).

Long Term Liabilities: 6697's short term assets ($58.5M) exceed its long term liabilities ($565.0K).


Debt to Equity History and Analysis

Debt Level: 6697 is debt free.

Reducing Debt: 6697 has not had any debt for past 5 years.

Debt Coverage: 6697 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6697 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Techpoint current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.94%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6697's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6697's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6697's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6697's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 6697 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Fumihiro Kozato (62 yo)

10.33yrs

Tenure

US$228,750

Compensation

Mr. Fumihiro Kozato co-founded Techpoint, Inc. in 2012 and has been its President and Chief Executive Officer and serves as its Chairman. Mr. Kozato has industry experience. He founded Techwell LLC in 1997...


CEO Compensation Analysis

Compensation vs Market: Fumihiro's total compensation ($USD228.75K) is below average for companies of similar size in the JP market ($USD1.13M).

Compensation vs Earnings: Fumihiro's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 6697's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: 6697's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Techpoint, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Techpoint, Inc.
  • Ticker: 6697
  • Exchange: TSE
  • Founded: 2012
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: JP¥17.360b
  • Shares outstanding: 18.06m
  • Website: https://www.techpoint.co.jp

Number of Employees


Location

  • Techpoint, Inc.
  • 2550 North First Street
  • Suite 550
  • San Jose
  • California
  • 95131
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.