Silicon Works
Market Cap
₩1.1t
Last Updated
2021/03/06 08:46 UTC
Data Sources
Company Financials +
Executive Summary
Silicon Works Co., Ltd. develops, manufactures, and sells semiconductors in South Korea. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Silicon Works's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: A108320 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: A108320's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
A108320
-0.8%
KR Semiconductor
0.4%
KR Market
1 Year Return
83.1%
A108320
49.8%
KR Semiconductor
48.3%
KR Market
Return vs Industry: A108320 exceeded the KR Semiconductor industry which returned 47.6% over the past year.
Return vs Market: A108320 exceeded the KR Market which returned 46.1% over the past year.
Shareholder returns
| A108320 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | -0.8% | 0.4% |
| 30 Day | -4.4% | 3.1% | -3.6% |
| 90 Day | 26.0% | 19.2% | 9.1% |
| 1 Year | 87.5%83.1% | 51.2%49.8% | 52.6%48.3% |
| 3 Year | 66.8%55.3% | 57.5%50.4% | 30.6%21.5% |
| 5 Year | 132.6%106.7% | 199.7%172.1% | 64.7%44.9% |
Long-Term Price Volatility Vs. Market
How volatile is Silicon Works's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
What To Know Before Buying Silicon Works Co., Ltd. (KOSDAQ:108320) For Its Dividend2 weeks ago | Simply Wall St
Will Silicon Works (KOSDAQ:108320) Multiply In Value Going Forward?1 month ago | Simply Wall St
Estimating The Fair Value Of Silicon Works Co., Ltd. (KOSDAQ:108320)Valuation
Is Silicon Works undervalued compared to its fair value and its price relative to the market?
14.58x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: A108320 (₩65000) is trading above our estimate of fair value (₩56924.83)
Significantly Below Fair Value: A108320 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: A108320 is good value based on its PE Ratio (14.6x) compared to the KR Semiconductor industry average (20.6x).
PE vs Market: A108320 is good value based on its PE Ratio (14.6x) compared to the KR market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: A108320 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: A108320 is overvalued based on its PB Ratio (2x) compared to the KR Semiconductor industry average (1.8x).
Next Steps
Future Growth
How is Silicon Works forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
11.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A108320's forecast earnings growth (11.9% per year) is above the savings rate (3.7%).
Earnings vs Market: A108320's earnings (11.9% per year) are forecast to grow slower than the KR market (30.5% per year).
High Growth Earnings: A108320's earnings are forecast to grow, but not significantly.
Revenue vs Market: A108320's revenue (2.7% per year) is forecast to grow slower than the KR market (10.9% per year).
High Growth Revenue: A108320's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A108320's Return on Equity is forecast to be low in 3 years time (11.8%).
Next Steps
Past Performance
How has Silicon Works performed over the past 5 years?
3.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A108320 has high quality earnings.
Growing Profit Margin: A108320's current net profit margins (6.2%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: A108320's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: A108320's earnings growth over the past year (87.7%) exceeds its 5-year average (3.7% per year).
Earnings vs Industry: A108320 earnings growth over the past year (87.7%) exceeded the Semiconductor industry 17.3%.
Return on Equity
High ROE: A108320's Return on Equity (13.6%) is considered low.
Next Steps
Financial Health
How is Silicon Works's financial position?
Financial Position Analysis
Short Term Liabilities: A108320's short term assets (₩629.3B) exceed its short term liabilities (₩209.1B).
Long Term Liabilities: A108320's short term assets (₩629.3B) exceed its long term liabilities (₩9.2B).
Debt to Equity History and Analysis
Debt Level: A108320 is debt free.
Reducing Debt: A108320 has not had any debt for past 5 years.
Debt Coverage: A108320 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A108320 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Silicon Works's current dividend yield, its reliability and sustainability?
2.08%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A108320's dividend (2.08%) is higher than the bottom 25% of dividend payers in the KR market (0.7%).
High Dividend: A108320's dividend (2.08%) is low compared to the top 25% of dividend payers in the KR market (2.35%).
Stability and Growth of Payments
Stable Dividend: A108320's dividend payments have been volatile in the past 10 years.
Growing Dividend: A108320's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), A108320's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: A108320's dividends in 3 years are forecast to be well covered by earnings (22% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average board tenure
CEO
Bo-Ik Son (59 yo)
no data
Tenure
₩711,000,000
Compensation
Mr. Bo-Ik Son serves as Managing Director of Lusem Co., Ltd. Mr. Son serves as the Chairman and Chief Executive Officer of Silicon Works Co., Ltd. and has been its Director since June 10, 2015. He serves a...
CEO Compensation Analysis
Compensation vs Market: Bo-Ik's total compensation ($USD631.94K) is above average for companies of similar size in the KR market ($USD336.97K).
Compensation vs Earnings: Insufficient data to compare Bo-Ik's compensation with company performance.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | ₩711.00m | no data | |
| MD, CFO & Executive Director | no data | no data | no data | |
| Executive Director | 2yrs | no data | no data | |
| Independent Outside Director | 4yrs | no data | no data | |
| Independent Outside Director | 3yrs | no data | no data | |
| Independent Outside Director | 2yrs | no data | no data |
2.5yrs
Average Tenure
55yo
Average Age
Experienced Board: A108320's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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
Silicon Works Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Silicon Works Co., Ltd.
- Ticker: A108320
- Exchange: KOSDAQ
- Founded: 1999
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: ₩1.057t
- Shares outstanding: 16.26m
- Website: https://www.siliconworks.co.kr
Number of Employees
Location
- Silicon Works Co., Ltd.
- 222, Techno 2-ro
- Yuseong-gu
- Daejeon
- South Korea
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| A108320 | KOSDAQ (KOSDAQ) | Yes | Common Stock | KR | KRW | Jun 2010 |
Biography
Silicon Works Co., Ltd. develops, manufactures, and sells semiconductors in South Korea. The company provides source LCD and OLED driver ICs, LCD / OLED T-Con, and power management ICs; source driver and t...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 08:46 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.