ASIX Electronics
Market Cap
NT$9.9b
Last Updated
2021/04/21 08:36 UTC
Data Sources
Company Financials
Executive Summary
ASIX Electronics Corporation, an IC Design company, supplies fabless semiconductors with focus on networking, communication, and connectivity applications. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Share Price & News
How has ASIX Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3169 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: 3169's weekly volatility has increased from 9% to 14% over the past year.
Market Performance
7 Day Return
-1.9%
3169
-1.5%
TW Semiconductor
2.0%
TW Market
1 Year Return
375.4%
3169
106.0%
TW Semiconductor
66.7%
TW Market
Return vs Industry: 3169 exceeded the TW Semiconductor industry which returned 108.3% over the past year.
Return vs Market: 3169 exceeded the TW Market which returned 68.2% over the past year.
Shareholder returns
| 3169 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | -1.5% | 2.0% |
| 30 Day | -7.0% | 2.7% | 6.3% |
| 90 Day | 187.5% | -5.2% | 7.5% |
| 1 Year | 418.2%375.4% | 111.3%106.0% | 72.4%66.7% |
| 3 Year | 583.2%456.8% | 175.5%145.5% | 81.1%60.4% |
| 5 Year | 643.8%450.4% | 332.5%259.4% | 141.0%98.1% |
Long-Term Price Volatility Vs. Market
How volatile is ASIX Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is ASIX Electronics Corporation's (GTSM:3169) 1.5% Dividend Worth Your Time?3 weeks ago | Simply Wall St
Shareholders Would Enjoy A Repeat Of ASIX Electronics' (GTSM:3169) Recent Growth In Returns1 month ago | Simply Wall St
ASIX Electronics (GTSM:3169) Has Rewarded Shareholders With An Exceptional 383% Total Return On Their InvestmentValuation
Is ASIX Electronics undervalued compared to its fair value and its price relative to the market?
52.15x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3169 (NT$159) is trading above our estimate of fair value (NT$57.53)
Significantly Below Fair Value: 3169 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3169 is poor value based on its PE Ratio (52.1x) compared to the TW Semiconductor industry average (28.5x).
PE vs Market: 3169 is poor value based on its PE Ratio (52.1x) compared to the TW market (21x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3169's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3169 is overvalued based on its PB Ratio (8.7x) compared to the TW Semiconductor industry average (2.9x).
Future Growth
How is ASIX Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.7%
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ASIX Electronics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has ASIX Electronics performed over the past 5 years?
19.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3169 has high quality earnings.
Growing Profit Margin: 3169's current net profit margins (21.9%) are higher than last year (19.7%).
Past Earnings Growth Analysis
Earnings Trend: 3169's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: 3169's earnings growth over the past year (12%) is below its 5-year average (19% per year).
Earnings vs Industry: 3169 earnings growth over the past year (12%) underperformed the Semiconductor industry 27.7%.
Return on Equity
High ROE: 3169's Return on Equity (17.6%) is considered low.
Financial Health
How is ASIX Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: 3169's short term assets (NT$909.0M) exceed its short term liabilities (NT$150.0M).
Long Term Liabilities: 3169's short term assets (NT$909.0M) exceed its long term liabilities (NT$13.8M).
Debt to Equity History and Analysis
Debt Level: 3169 is debt free.
Reducing Debt: 3169 had no debt 5 years ago.
Debt Coverage: 3169 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3169 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ASIX Electronics's current dividend yield, its reliability and sustainability?
1.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3169's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.91%).
High Dividend: 3169's dividend (1.47%) is low compared to the top 25% of dividend payers in the TW market (4.71%).
Stability and Growth of Payments
Stable Dividend: 3169's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3169's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.5%), 3169's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
ASIX Electronics has no CEO, or we have no data on them.
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 been diluted in the past year, with total shares outstanding growing by 26.5%.
Top Shareholders
Company Information
ASIX Electronics Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ASIX Electronics Corporation
- Ticker: 3169
- Exchange: GTSM
- Founded: 1995
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$9.854b
- Shares outstanding: 61.98m
- Website: https://www.asix.com.tw
Location
- ASIX Electronics Corporation
- Hsinchu Science Park
- 4th Floor
- Hsinchu City
- 30078
- Taiwan
Listings
Biography
ASIX Electronics Corporation, an IC Design company, supplies fabless semiconductors with focus on networking, communication, and connectivity applications. The company provides industrial, SuperSpeed USB, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/21 08:36 |
| End of Day Share Price | 2021/04/20 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.