Macroblock, Inc. supplies LED drivers for display, backlighting, and lighting applications worldwide. More Details
Flawless balance sheet with questionable track record.
Share Price & News
How has Macroblock's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3527 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3527's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3527 underperformed the TW Semiconductor industry which returned 102.7% over the past year.
Return vs Market: 3527 underperformed the TW Market which returned 62.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Macroblock's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StKnow This Before Buying Macroblock, Inc. (GTSM:3527) For Its Dividend
3 weeks ago | Simply Wall StThe Returns At Macroblock (GTSM:3527) Provide Us With Signs Of What's To Come
2 months ago | Simply Wall StWeak Financial Prospects Seem To Be Dragging Down Macroblock, Inc. (GTSM:3527) Stock
Is Macroblock undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3527 (NT$107.5) is trading above our estimate of fair value (NT$26.15)
Significantly Below Fair Value: 3527 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3527 is poor value based on its PE Ratio (66.9x) compared to the TW Semiconductor industry average (29.2x).
PE vs Market: 3527 is poor value based on its PE Ratio (66.9x) compared to the TW market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3527's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3527 is good value based on its PB Ratio (2.1x) compared to the TW Semiconductor industry average (2.9x).
How is Macroblock forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Macroblock 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.
How has Macroblock performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3527 has high quality earnings.
Growing Profit Margin: 3527's current net profit margins (3.6%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: 3527's earnings have grown by 0.2% per year over the past 5 years.
Accelerating Growth: 3527's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3527 had negative earnings growth (-70.3%) over the past year, making it difficult to compare to the Semiconductor industry average (27.7%).
Return on Equity
High ROE: 3527's Return on Equity (3%) is considered low.
How is Macroblock's financial position?
Financial Position Analysis
Short Term Liabilities: 3527's short term assets (NT$2.2B) exceed its short term liabilities (NT$446.2M).
Long Term Liabilities: 3527's short term assets (NT$2.2B) exceed its long term liabilities (NT$19.7M).
Debt to Equity History and Analysis
Debt Level: 3527 is debt free.
Reducing Debt: 3527 has no debt compared to 5 years ago when its debt to equity ratio was 3%.
Debt Coverage: 3527 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3527 has no debt, therefore coverage of interest payments is not a concern.
What is Macroblock current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3527's dividend (1.86%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.94%).
High Dividend: 3527's dividend (1.86%) is low compared to the top 25% of dividend payers in the TW market (4.78%).
Stability and Growth of Payments
Stable Dividend: 3527's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3527's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (124.5%), 3527's dividend payments are not well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Qi Kai Chen has been President of Macroblock, Inc. since March 2007 and serves as President of Shenzhen Juxin Photoelectricity Trading Co., Ltd. Qi Kai Chen served as Taiwan Branch Manager of Hongkong Hita...
Experienced Board: 3527's board of directors are seasoned and experienced ( 16.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.
Macroblock, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Macroblock, Inc.
- Ticker: 3527
- Exchange: GTSM
- Founded: 1999
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$4.549b
- Shares outstanding: 44.45m
- Website: https://www.mblock.com.tw
Number of Employees
- Macroblock, Inc.
- No. 18, Pu-Ting Road
- Floor 6-4
- Hsinchu City
Macroblock, Inc. supplies LED drivers for display, backlighting, and lighting applications worldwide. The company’s products include display, local dimming backlight, RGB lighting, automotive lighting and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 08:47|
|End of Day Share Price||2021/04/16 00:00|
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.