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Market Cap

NT$9.5b

Last Updated

2021/04/11 08:45 UTC

Data Sources

Company Financials

Executive Summary

Princeton Technology Corporation operates as a fabless IC design company in Taiwan. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6129 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 6129's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

26.0%

6129

2.3%

TW Semiconductor

1.9%

TW Market


1 Year Return

784.9%

6129

120.1%

TW Semiconductor

66.4%

TW Market

Return vs Industry: 6129 exceeded the TW Semiconductor industry which returned 117.7% over the past year.

Return vs Market: 6129 exceeded the TW Market which returned 66.6% over the past year.


Shareholder returns

6129IndustryMarket
7 Day26.0%2.3%1.9%
30 Day95.9%3.8%4.8%
90 Day190.6%9.7%9.9%
1 Year784.9%784.9%125.8%120.1%72.2%66.4%
3 Year539.4%539.4%161.4%133.1%71.1%51.6%
5 Year627.4%627.4%334.1%260.7%132.3%91.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6129 (NT$52.3) is trading above our estimate of fair value (NT$34.4)

Significantly Below Fair Value: 6129 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6129 is unprofitable, so we can't compare its PE Ratio to the TW Semiconductor industry average.

PE vs Market: 6129 is unprofitable, so we can't compare its PE Ratio to the TW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6129's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6129 is overvalued based on its PB Ratio (5.5x) compared to the TW Semiconductor industry average (3x).


Future Growth

How is Princeton Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.3%

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 Princeton Technology 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 Princeton Technology performed over the past 5 years?

-12.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6129 is currently unprofitable.

Growing Profit Margin: 6129 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6129 is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.

Accelerating Growth: Unable to compare 6129's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6129 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (27.5%).


Return on Equity

High ROE: 6129 has a negative Return on Equity (-3.19%), as it is currently unprofitable.


Financial Health

How is Princeton Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 6129's short term assets (NT$1.4B) exceed its short term liabilities (NT$312.6M).

Long Term Liabilities: 6129's short term assets (NT$1.4B) exceed its long term liabilities (NT$32.8M).


Debt to Equity History and Analysis

Debt Level: 6129's debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: 6129's debt to equity ratio has increased from 0.1% to 7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 6129 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 6129 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.9% per year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6129's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6129's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6129's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6129's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6129 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6129's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Richard Chiang

3.75yrs

Tenure

Mr. Richard Chiang is a Founder of Triton Management Co. Mr. Chiang has been President of Princeton Technology Corporation since July 19, 2017. He serves as the Chairman of Princeton Technology Corp. and U...


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

Princeton Technology Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Princeton Technology Corporation
  • Ticker: 6129
  • Exchange: GTSM
  • Founded: 1986
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$9.463b
  • Shares outstanding: 180.94m
  • Website: https://www.princeton.com.tw

Number of Employees


Location

  • Princeton Technology Corporation
  • No. 233-1, Baociao Road
  • 2nd Floor
  • New Taipei City
  • 23145
  • Taiwan

Listings


Biography

Princeton Technology Corporation operates as a fabless IC design company in Taiwan. It provides IC technology for energy-saving solutions, including a series of energy-saving ballast driver ICs, LED lighti...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:45
End of Day Share Price2021/04/09 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.