KOSDAQ:A108320

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Executive Summary

Silicon Works Co., Ltd. develops, manufactures, and sells semiconductors in South Korea. More Details


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

A108320IndustryMarket
7 Day1.2%-0.8%0.4%
30 Day-4.4%3.1%-3.6%
90 Day26.0%19.2%9.1%
1 Year87.5%83.1%51.2%49.8%52.6%48.3%
3 Year66.8%55.3%57.5%50.4%30.6%21.5%
5 Year132.6%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

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

  • Explore strong dividend paying companies in the Semiconductors industry.

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

NamePositionTenureCompensationOwnership
Bo-Ik Son
Chairman & CEOno data₩711.00mno data
Sung-Kwan Choi
MD, CFO & Executive Directorno datano datano data
Yeon Chae Jeong
Executive Director2yrsno datano data
Il-Gu Yoon
Independent Outside Director4yrsno datano data
Young-Soo Shin
Independent Outside Director3yrsno datano data
Kyeong Wee
Independent Outside Director2yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A108320KOSDAQ (KOSDAQ)YesCommon StockKRKRWJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:46
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.