New Risk • Jul 01
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 30% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩18,220, the stock trades at a trailing P/E ratio of 25.8x. Average forward P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩27,850, the stock trades at a trailing P/E ratio of 36.6x. Average forward P/E is 24x in the Semiconductor industry in South Korea. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₩16,340, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 23x in the Semiconductor industry in South Korea. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₩13,140, the stock trades at a trailing P/E ratio of 17.3x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total loss to shareholders of 34% over the past three years. New Risk • Mar 30
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 South Korean stocks, typically moving 14% 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: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩11,890, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 23x in the Semiconductor industry in South Korea. Total loss to shareholders of 24% over the past three years. Announcement • Mar 13
TEMC Co., Ltd., Annual General Meeting, Mar 26, 2026 TEMC Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 68, songjuk-gil, samseung-myeon, boeun-gun, chungcheongbuk-do, South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩7,740, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 50% over the past three years. New Risk • Feb 09
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩9,990, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 48% over the past three years. Buy Or Sell Opportunity • Jan 28
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 1.2% to ₩9,360. The fair value is estimated to be ₩7,575, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 61%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 115% in the next year. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 21 April 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%). New Risk • Nov 25
New major risk - Revenue and earnings growth Earnings have declined by 10% 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 10% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Declared Dividend • Nov 17
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 21st April 2026 Dividend yield will be 1.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Oct 17
Now 21% undervalued Over the last 90 days, the stock has risen 40% to ₩9,850. The fair value is estimated to be ₩12,404, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 64%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 163% in the next year. New Risk • Oct 14
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 South Korean stocks, typically moving 7.3% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩8,890, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total loss to shareholders of 4.3% over the past year. New Risk • Aug 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩139.3b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₩139.3b market cap, or US$99.3m). Buy Or Sell Opportunity • Jul 04
Now 20% undervalued Over the last 90 days, the stock has risen 6.4% to ₩7,300. The fair value is estimated to be ₩9,166, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has declined by 46%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 117% in the next year. Announcement • Jun 25
TEMC Co., Ltd. (KOSDAQ:A425040) announces an Equity Buyback for KRW 4,000 million worth of its shares. TEMC Co., Ltd. (KOSDAQ:A425040) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares pursuant to a trust agreement with NH investment & securities Co.,Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. The program will continue until December 24, 2025. As of June 24, 2025, the company had 162,963 shares in treasury through buyback within dividend capacity and 6 shares in treasury through other acquisitions. Major Estimate Revision • Jun 06
Consensus EPS estimates increase by 30%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₩302.0m to ₩294.9m. EPS estimate rose from ₩766 to ₩998. Net income forecast to grow 117% next year vs 14% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩11,000 to ₩10,000. Share price rose 6.4% to ₩6,620 over the past week. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩6,100, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 71% over the past year. New Risk • Mar 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩145.3b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (165% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (₩145.3b market cap, or US$98.7m). Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩609 (vs ₩1,077 in FY 2023) Full year 2024 results: EPS: ₩609 (down from ₩1,077 in FY 2023). Revenue: ₩310.2b (up 55% from FY 2023). Net income: ₩12.9b (down 43% from FY 2023). Profit margin: 4.2% (down from 11% in FY 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea. Announcement • Mar 13
TEMC Co., Ltd., Annual General Meeting, Mar 26, 2025 TEMC Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: auditorium, 68, songjuk-gil, boeun-gun, chungcheongbuk-do, South Korea Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩9,620, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 18x in the Semiconductor industry in South Korea. Total loss to shareholders of 49% over the past year. New Risk • Nov 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Price Target Changed • Nov 14
Price target decreased by 11% to ₩23,000 Down from ₩25,750, the current price target is provided by 1 analyst. New target price is 201% above last closing price of ₩7,640. Stock is down 56% over the past year. The company posted earnings per share of ₩1,077 last year. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩7,890, the stock trades at a trailing P/E ratio of 10.7x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 50% over the past year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ₩10,270, the stock trades at a trailing P/E ratio of 11.6x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 52% over the past year. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩17,380, the stock trades at a trailing P/E ratio of 19.6x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total loss to shareholders of 28% over the past year. Price Target Changed • Apr 16
Price target increased by 17% to ₩30,000 Up from ₩25,750, the current price target is provided by 1 analyst. New target price is 39% above last closing price of ₩21,550. Stock is up 4.4% over the past year. The company posted earnings per share of ₩1,077 last year. Upcoming Dividend • Mar 21
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 16 May 2024. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.8%). Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩21,750, the stock trades at a trailing P/E ratio of 17.5x. Average forward P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩9,805 per share. New Risk • Feb 14
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 South Korean stocks, typically moving 8.1% 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 Less than 3 years of financial data is available. Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩18,620, the stock trades at a trailing P/E ratio of 15x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total loss to shareholders of 11% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩9,413 per share. Announcement • Jan 24
TEMC Co., Ltd. (KOSDAQ:A425040) announces an Equity Buyback for KRW 4,000 million worth of its shares. TEMC Co., Ltd. (KOSDAQ:A425040) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares pursuant to a trust agreement with NH investment & securities Co.,Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. The program will continue until July 23, 2024. As of January 23, 2024, the company had no shares in treasury through buyback within dividend capacity and 6 shares in treasury through other acquisitions. New Risk • Dec 06
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 South Korean stocks, typically moving 8.8% 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 Less than 3 years of financial data is available. Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩43,000, the stock trades at a trailing P/E ratio of 8.9x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩49,050, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩56,000, the stock trades at a trailing P/E ratio of 11.6x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩44,250, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩45,950, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩37,250, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 9x in the Semiconductor industry in South Korea. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩31,100, the stock trades at a trailing P/E ratio of 8.7x. Average forward P/E is 8x in the Semiconductor industry in South Korea.