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Materials Analysis Technology

Market Cap

NT$8.7b

Last Updated

2021/04/19 08:32 UTC

Data Sources

Company Financials +

Executive Summary

Materials Analysis Technology Inc. provides laboratory services in the areas of materials analysis, failure analysis, and reliability testing in Taiwan, China, Japan, Singapore, Malaysia, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Materials Analysis Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3587 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 3587's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

-1.4%

3587

-0.5%

TW Semiconductor

1.5%

TW Market


1 Year Return

95.5%

3587

102.9%

TW Semiconductor

62.0%

TW Market

Return vs Industry: 3587 underperformed the TW Semiconductor industry which returned 102.9% over the past year.

Return vs Market: 3587 exceeded the TW Market which returned 62% over the past year.


Shareholder returns

3587IndustryMarket
7 Day-1.4%-0.5%1.5%
30 Day27.3%4.9%6.8%
90 Day39.3%5.1%10.7%
1 Year102.5%95.5%108.0%102.9%67.5%62.0%
3 Year111.6%88.4%172.1%142.5%76.4%56.2%
5 Year127.0%87.7%342.5%267.6%140.5%97.6%

Long-Term Price Volatility Vs. Market

How volatile is Materials Analysis Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Materials Analysis Technology undervalued compared to its fair value and its price relative to the market?

16.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3587 (NT$140) is trading below our estimate of fair value (NT$168.13)

Significantly Below Fair Value: 3587 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 3587 is good value based on its PE Ratio (22.7x) compared to the TW Semiconductor industry average (28.9x).

PE vs Market: 3587 is poor value based on its PE Ratio (22.7x) compared to the TW market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3587's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3587's PB Ratio (3x) is in line with the TW Semiconductor industry average.


Future Growth

How is Materials Analysis Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

15.8%

Forecasted Semiconductors industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 3587's forecast earnings growth is above the savings rate (0.8%).

Earnings vs Market: Insufficient data to determine if 3587's earnings are forecast to grow faster than the TW market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 3587's revenue is forecast to grow faster than the TW market.

High Growth Revenue: Insufficient data to determine if 3587's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 3587's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Materials Analysis Technology performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3587 has high quality earnings.

Growing Profit Margin: 3587's current net profit margins (12.6%) are higher than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: 3587's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: 3587's earnings growth over the past year (56.5%) exceeds its 5-year average (9.7% per year).

Earnings vs Industry: 3587 earnings growth over the past year (56.5%) exceeded the Semiconductor industry 27.9%.


Return on Equity

High ROE: 3587's Return on Equity (13.1%) is considered low.


Financial Health

How is Materials Analysis Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 3587's short term assets (NT$2.2B) exceed its short term liabilities (NT$752.1M).

Long Term Liabilities: 3587's short term assets (NT$2.2B) exceed its long term liabilities (NT$715.5M).


Debt to Equity History and Analysis

Debt Level: 3587's debt to equity ratio (24.2%) is considered satisfactory.

Reducing Debt: 3587's debt to equity ratio has increased from 8.4% to 24.2% over the past 5 years.

Debt Coverage: 3587's debt is well covered by operating cash flow (154%).

Interest Coverage: 3587's interest payments on its debt are well covered by EBIT (34.5x coverage).


Balance Sheet


Dividend

What is Materials Analysis Technology current dividend yield, its reliability and sustainability?

3.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3587's dividend (3.21%) is higher than the bottom 25% of dividend payers in the TW market (1.93%).

High Dividend: 3587's dividend (3.21%) is low compared to the top 25% of dividend payers in the TW market (4.77%).


Stability and Growth of Payments

Stable Dividend: 3587's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3587's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.8%), 3587's dividend 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

Yong-Fen Hsieh

no data

Tenure

Dr. Yong-Fen Hsieh serves as the Chief Executive Officer and Chairman of Materials Analysis Technology Inc. Dr. Hsieh served as Department Head, QRA Division, UMC, QM Division, Unipac and LCOS Division, AU...


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

Materials Analysis Technology Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Materials Analysis Technology Inc.
  • Ticker: 3587
  • Exchange: GTSM
  • Founded: 2002
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: NT$8.724b
  • Shares outstanding: 62.31m
  • Website: https://www.ma-tek.com

Location

  • Materials Analysis Technology Inc.
  • 1A3, No. 1, Li-Hsin Road 1
  • Hsinchu Science based Industrial Park
  • Hsinchu City
  • 300
  • Taiwan

Listings


Biography

Materials Analysis Technology Inc. provides laboratory services in the areas of materials analysis, failure analysis, and reliability testing in Taiwan, China, Japan, Singapore, Malaysia, and international...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 08:32
End of Day Share Price2021/04/16 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.