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Market Cap

NT$4.3b

Last Updated

2021/04/17 08:48 UTC

Data Sources

Company Financials

Executive Summary

Istart-Tek Inc. provides memory testing and repairing solutions for SoC designers worldwide. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has iSTART-TEK's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6786 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: 6786's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

-18.3%

6786

-0.5%

TW Semiconductor

1.4%

TW Market


1 Year Return

n/a

6786

102.7%

TW Semiconductor

62.2%

TW Market

Return vs Industry: Insufficient data to determine how 6786 performed against the TW Semiconductor industry.

Return vs Market: Insufficient data to determine how 6786 performed against the TW Market.


Shareholder returns

6786IndustryMarket
7 Day-18.3%-0.5%1.4%
30 Day9.0%3.3%5.8%
90 Day63.1%5.7%10.5%
1 Yearn/a107.9%102.7%67.8%62.2%
3 Yearn/a172.8%143.1%77.2%56.9%
5 Yearn/a343.1%268.1%141.8%98.7%

Long-Term Price Volatility Vs. Market

How volatile is iSTART-TEK's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is iSTART-TEK undervalued compared to its fair value and its price relative to the market?

18.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 6786's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 6786's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 6786 is unprofitable, so we can't compare its PE Ratio to the TW Semiconductor industry average.

PE vs Market: 6786 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 6786's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6786 is overvalued based on its PB Ratio (17.9x) compared to the TW Semiconductor industry average (2.9x).


Future Growth

How is iSTART-TEK forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

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 iSTART-TEK 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 iSTART-TEK performed over the past 5 years?

59.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 6786 is currently unprofitable.

Growing Profit Margin: 6786 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 6786's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 6786's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6786 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (27.7%).


Return on Equity

High ROE: 6786 has a negative Return on Equity (-4.05%), as it is currently unprofitable.


Financial Health

How is iSTART-TEK's financial position?


Financial Position Analysis

Short Term Liabilities: 6786's short term assets (NT$246.7M) exceed its short term liabilities (NT$7.4M).

Long Term Liabilities: 6786's short term assets (NT$246.7M) exceed its long term liabilities (NT$8.5M).


Debt to Equity History and Analysis

Debt Level: 6786 is debt free.

Reducing Debt: 6786 has not had any debt for 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: 6786 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 6786 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 11.5% each year


Dividend

What is iSTART-TEK current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6786's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6786'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 6786's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6786's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6786'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

iSTART-TEK has no CEO, or we have no data on them.


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: 6786 only recently listed within the past 12 months.


Top Shareholders

Company Information

iSTART-TEK INC.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: iSTART-TEK INC.
  • Ticker: 6786
  • Exchange: GTSM
  • Founded: NaN
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$4.313b
  • Shares outstanding: 22.42m
  • Website: https://www.istart-tek.com

Number of Employees


Location

  • iSTART-TEK INC.
  • No.8, Taiyuan 1st Street
  • 4Floor-5
  • Zhubei City
  • 30288
  • Taiwan

Listings


Biography

Istart-Tek Inc. provides memory testing and repairing solutions for SoC designers worldwide. The company is based in Zhubei City, Taiwan.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 08:48
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.