GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, and manufactures, semiconductor ingots and wafers in Taiwan and internationally. More Details
Excellent balance sheet average dividend payer.
Share Price & News
How has GlobalWafers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6488 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 6488 underperformed the TW Semiconductor industry which returned 59.4% over the past year.
Return vs Market: 6488 exceeded the TW Market which returned 18.8% over the past year.
Price Volatility Vs. Market
How volatile is GlobalWafers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWe Wouldn't Rely On GlobalWafers's (GTSM:6488) Statutory Earnings As A Guide
3 weeks ago | Simply Wall StDo Institutions Own GlobalWafers Co., Ltd. (GTSM:6488) Shares?
1 month ago | Simply Wall StHere's Why GlobalWafers (GTSM:6488) Can Manage Its Debt Responsibly
Is GlobalWafers undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6488 (NT$407) is trading below our estimate of fair value (NT$501.24)
Significantly Below Fair Value: 6488 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 6488 is good value based on its PE Ratio (14.2x) compared to the TW Semiconductor industry average (20.7x).
PE vs Market: 6488 is good value based on its PE Ratio (14.2x) compared to the TW market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: 6488 is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: 6488 is overvalued based on its PB Ratio (4.5x) compared to the TW Semiconductor industry average (1.9x).
How is GlobalWafers forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6488's forecast earnings growth (4.7% per year) is above the savings rate (0.9%).
Earnings vs Market: 6488's earnings (4.7% per year) are forecast to grow slower than the TW market (15.6% per year).
High Growth Earnings: 6488's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6488's revenue (8.8% per year) is forecast to grow faster than the TW market (8.2% per year).
High Growth Revenue: 6488's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6488's Return on Equity is forecast to be high in 3 years time (31%)
How has GlobalWafers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6488 has a high level of non-cash earnings.
Growing Profit Margin: 6488's current net profit margins (22.7%) are lower than last year (24.2%).
Past Earnings Growth Analysis
Earnings Trend: 6488's earnings have grown significantly by 45.8% per year over the past 5 years.
Accelerating Growth: 6488's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6488 had negative earnings growth (-15.2%) over the past year, making it difficult to compare to the Semiconductor industry average (6.3%).
Return on Equity
High ROE: 6488's Return on Equity (31.5%) is considered high.
How is GlobalWafers's financial position?
Financial Position Analysis
Short Term Liabilities: 6488's short term assets (NT$49.7B) exceed its short term liabilities (NT$32.0B).
Long Term Liabilities: 6488's short term assets (NT$49.7B) exceed its long term liabilities (NT$22.3B).
Debt to Equity History and Analysis
Debt Level: 6488's debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: 6488's debt to equity ratio has increased from 5.8% to 13% over the past 5 years.
Debt Coverage: 6488's debt is well covered by operating cash flow (264.2%).
Interest Coverage: 6488 earns more interest than it pays, so coverage of interest payments is not a concern.
What is GlobalWafers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6488's dividend (6.14%) is higher than the bottom 25% of dividend payers in the TW market (2.22%).
High Dividend: 6488's dividend (6.14%) is in the top 25% of dividend payers in the TW market (5.44%)
Stability and Growth of Payments
Stable Dividend: 6488 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6488's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87%), 6488's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6488's dividends in 3 years are forecast to be covered by earnings (76.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Doris Hsu (59 yo)
Ms. Hsiu-lan Hsu, also known as Doris, serves as the Chairman and Chief Executive Officer of Sino-American Silicon Products Inc. since June 24, 2020. She serves as Chairperson of GlobalWafers Co., Ltd. and ...
|Chairperson & CEO||8.92yrs||no data||0.19% |
|Representative Director||8.92yrs||no data||0.046% |
|Director||6.33yrs||no data||0.15% |
|Representative Director||8.92yrs||no data||0.31% |
|Independent Director||5.67yrs||no data||0.00023% |
|Independent Director||2.25yrs||no data||no data|
|Independent Director||0.25yr||no data||no data|
Experienced Board: 6488's board of directors are considered experienced (6 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.
GlobalWafers Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: GlobalWafers Co., Ltd.
- Ticker: 6488
- Exchange: GTSM
- Founded: 2011
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: NT$177.141b
- Shares outstanding: 435.24m
- Website: https://www.sas-globalwafers.com
- GlobalWafers Co., Ltd.
- Science-Based Industrial Park
- No.8, Industrial East Road 2
- Hsinchu City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|6488||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||Oct 2014|
|160249277||BDL (Bourse de Luxembourg)||SPON GDR EACH REP 1 SHS||LU||USD||Apr 2017|
GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, and manufactures, semiconductor ingots and wafers in Taiwan and internationally. It offers silicon ingots and wafers; ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/17 19:41|
|End of Day Share Price||2020/09/17 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.