M31 Technology Corporation operates as a professional silicon intellectual property (IP) provider. More Details
Flawless balance sheet with high growth potential.
Share Price & News
How has M31 Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6643 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6643's weekly volatility (7%) 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: 6643 underperformed the TW Semiconductor industry which returned 117.7% over the past year.
Return vs Market: 6643 exceeded the TW Market which returned 66.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is M31 Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StKey Things To Consider Before Buying M31 Technology Corporation (GTSM:6643) For Its Dividend
1 month ago | Simply Wall StInvestors Who Bought M31 Technology (GTSM:6643) Shares Three Years Ago Are Now Up 15%
1 month ago | Simply Wall StDoes M31 Technology's (GTSM:6643) Statutory Profit Adequately Reflect Its Underlying Profit?
Is M31 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: 6643 (NT$470) is trading above our estimate of fair value (NT$190.73)
Significantly Below Fair Value: 6643 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6643 is poor value based on its PE Ratio (45.5x) compared to the TW Semiconductor industry average (29.1x).
PE vs Market: 6643 is poor value based on its PE Ratio (45.5x) compared to the TW market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: 6643 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 6643 is overvalued based on its PB Ratio (9.7x) compared to the TW Semiconductor industry average (3x).
How is M31 Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6643's forecast earnings growth (21.3% per year) is above the savings rate (0.8%).
Earnings vs Market: 6643's earnings (21.3% 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: 6643's revenue (14.2% per year) is forecast to grow faster than the TW market (10.7% per year).
High Growth Revenue: 6643's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6643's Return on Equity is forecast to be high in 3 years time (28.2%)
How has M31 Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6643 has high quality earnings.
Growing Profit Margin: 6643's current net profit margins (32.8%) are lower than last year (35.5%).
Past Earnings Growth Analysis
Earnings Trend: 6643's earnings have grown significantly by 26.7% per year over the past 5 years.
Accelerating Growth: 6643's earnings growth over the past year (4.4%) is below its 5-year average (26.7% per year).
Earnings vs Industry: 6643 earnings growth over the past year (4.4%) underperformed the Semiconductor industry 27.5%.
Return on Equity
High ROE: 6643's Return on Equity (21.4%) is considered high.
How is M31 Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6643's short term assets (NT$1.5B) exceed its short term liabilities (NT$246.6M).
Long Term Liabilities: 6643's short term assets (NT$1.5B) exceed its long term liabilities (NT$1.1M).
Debt to Equity History and Analysis
Debt Level: 6643 is debt free.
Reducing Debt: 6643 had no debt 5 years ago.
Debt Coverage: 6643 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6643 has no debt, therefore coverage of interest payments is not a concern.
What is M31 Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6643's dividend (1.7%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 6643's dividend (1.7%) is low compared to the top 25% of dividend payers in the TW market (4.82%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6643 has been paying a dividend for less than 10 years.
Growing Dividend: 6643's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.4%), 6643's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6643's dividends in 3 years are forecast to be covered by earnings (77.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
M31 Technology has no CEO, or we have no data on them.
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.
M31 Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: M31 Technology Corporation
- Ticker: 6643
- Exchange: GTSM
- Founded: 2011
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$14.620b
- Shares outstanding: 31.11m
- Website: https://www.m31tech.com
Number of Employees
- M31 Technology Corporation
- No.1, Taiyuan 2nd Street
- 9th Floor
M31 Technology Corporation operates as a professional silicon intellectual property (IP) provider. It offers standard cell library, general purpose I/O library, special I/O, high level ESD cell, memory com...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 08:55|
|End of Day Share Price||2021/04/09 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.