eMemory Technology Inc. researches, develops, manufactures, and sells flash memory integrated circuits. More Details
Exceptional growth potential with outstanding track record.
Share Price & News
How has eMemory Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3529 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 3529's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.
7 Day Return
1 Year Return
Return vs Industry: 3529 exceeded the TW Semiconductor industry which returned 108.3% over the past year.
Return vs Market: 3529 exceeded the TW Market which returned 68.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is eMemory Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAre Institutions Heavily Invested In eMemory Technology Inc.'s (GTSM:3529) Shares?
4 weeks ago | Simply Wall StThe eMemory Technology (GTSM:3529) Share Price Is Up 341% And Shareholders Are Delighted
1 month ago | Simply Wall StRead This Before Buying eMemory Technology Inc. (GTSM:3529) For Its Dividend
Is eMemory Technology 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: 3529 (NT$852) is trading above our estimate of fair value (NT$281.2)
Significantly Below Fair Value: 3529 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3529 is poor value based on its PE Ratio (89.5x) compared to the TW Semiconductor industry average (28.5x).
PE vs Market: 3529 is poor value based on its PE Ratio (89.5x) compared to the TW market (21x).
Price to Earnings Growth Ratio
PEG Ratio: 3529 is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: 3529 is overvalued based on its PB Ratio (31.8x) compared to the TW Semiconductor industry average (2.9x).
How is eMemory Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3529's forecast earnings growth (31.1% per year) is above the savings rate (0.8%).
Earnings vs Market: 3529's earnings (31.1% per year) are forecast to grow faster than the TW market (16.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3529's revenue (20.9% per year) is forecast to grow faster than the TW market (9.8% per year).
High Growth Revenue: 3529's revenue (20.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3529's Return on Equity is forecast to be very high in 3 years time (52.8%).
How has eMemory Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3529 has high quality earnings.
Growing Profit Margin: 3529's current net profit margins (39.9%) are higher than last year (38.4%).
Past Earnings Growth Analysis
Earnings Trend: 3529's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: 3529's earnings growth over the past year (30.6%) exceeds its 5-year average (4.3% per year).
Earnings vs Industry: 3529 earnings growth over the past year (30.6%) exceeded the Semiconductor industry 27.7%.
Return on Equity
High ROE: 3529's Return on Equity (35.2%) is considered high.
How is eMemory Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3529's short term assets (NT$1.9B) exceed its short term liabilities (NT$448.1M).
Long Term Liabilities: 3529's short term assets (NT$1.9B) exceed its long term liabilities (NT$23.8M).
Debt to Equity History and Analysis
Debt Level: 3529 is debt free.
Reducing Debt: 3529 had no debt 5 years ago.
Debt Coverage: 3529 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3529 has no debt, therefore coverage of interest payments is not a concern.
What is eMemory Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3529's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.91%).
High Dividend: 3529's dividend (1.06%) is low compared to the top 25% of dividend payers in the TW market (4.71%).
Stability and Growth of Payments
Stable Dividend: 3529's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3529's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.5%), 3529's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3529's dividends in 3 years are not forecast to be well covered by earnings (95.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Rick Shen, Ph.D, has been the President of eMemory Technology Inc. since October 2009 and its Director since June 19, 2012. Dr. Shen served as eMemory’s Vice President in charge of operation and techno...
Experienced Management: 3529's management team is seasoned and experienced (9.7 years average tenure).
Experienced Board: 3529's board of directors are considered experienced (8.8 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 not been meaningfully diluted in the past year.
eMemory Technology Inc.'s company bio, employee growth, exchange listings and data sources
- Name: eMemory Technology Inc.
- Ticker: 3529
- Exchange: GTSM
- Founded: 2000
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$63.479b
- Shares outstanding: 74.51m
- Website: https://www.ememory.com.tw
- eMemory Technology Inc.
- No. 5, Tai-Yuan 1st Street
- 8th Floor
eMemory Technology Inc. researches, develops, manufactures, and sells flash memory integrated circuits. It offers NeoBit, a programmable logic device that embeds into various CMOS processes, including logi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/21 08:32|
|End of Day Share Price||2021/04/20 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.