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Alpha Microelectronics

Market Cap

NT$1.7b

Last Updated

2021/04/11 08:52 UTC

Data Sources

Company Financials

Executive Summary

Alpha Microelectronics Corporation engages in the research, design, development, application, and marketing of integrated circuits (ICs). More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Alpha Microelectronics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8024 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 8024's weekly volatility has increased from 8% to 13% over the past year.


Market Performance


7 Day Return

-3.5%

8024

2.3%

TW Semiconductor

1.9%

TW Market


1 Year Return

402.6%

8024

120.1%

TW Semiconductor

66.4%

TW Market

Return vs Industry: 8024 exceeded the TW Semiconductor industry which returned 120.1% over the past year.

Return vs Market: 8024 exceeded the TW Market which returned 66.4% over the past year.


Shareholder returns

8024IndustryMarket
7 Day-3.5%2.3%1.9%
30 Day27.3%3.8%4.8%
90 Day166.9%9.7%9.9%
1 Year402.6%402.6%125.8%120.1%72.2%66.4%
3 Year221.1%203.5%161.4%133.1%71.1%51.6%
5 Year290.4%251.8%334.1%260.7%132.3%91.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Alpha Microelectronics undervalued compared to its fair value and its price relative to the market?

2.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 8024 (NT$38.7) is trading above our estimate of fair value (NT$0)

Significantly Below Fair Value: 8024 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8024 is unprofitable, so we can't compare its PE Ratio to the TW Semiconductor industry average.

PE vs Market: 8024 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 8024's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8024's PB Ratio (2.9x) is in line with the TW Semiconductor industry average.


Future Growth

How is Alpha Microelectronics 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 Alpha Microelectronics 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 Alpha Microelectronics performed over the past 5 years?

-66.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8024 is currently unprofitable.

Growing Profit Margin: 8024 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8024 is unprofitable, and losses have increased over the past 5 years at a rate of 66.9% per year.

Accelerating Growth: Unable to compare 8024's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8024 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (27.5%).


Return on Equity

High ROE: 8024 has a negative Return on Equity (-6.32%), as it is currently unprofitable.


Financial Health

How is Alpha Microelectronics's financial position?


Financial Position Analysis

Short Term Liabilities: 8024's short term assets (NT$513.5M) exceed its short term liabilities (NT$50.7M).

Long Term Liabilities: 8024's short term assets (NT$513.5M) exceed its long term liabilities (NT$16.8M).


Debt to Equity History and Analysis

Debt Level: 8024 is debt free.

Reducing Debt: 8024 has not had any debt for past 5 years.

Debt Coverage: 8024 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8024 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Alpha Microelectronics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8024's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8024'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 8024's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8024's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8024 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8024'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

Alpha Microelectronics 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alpha Microelectronics Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha Microelectronics Corporation
  • Ticker: 8024
  • Exchange: GTSM
  • Founded: 1992
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$1.748b
  • Shares outstanding: 45.16m
  • Website: https://www.ealpha.com.tw

Location

  • Alpha Microelectronics Corporation
  • 295, Kuang Fu Road
  • 9th Floor-1
  • Hsinchu City
  • Taiwan

Listings


Biography

Alpha Microelectronics Corporation engages in the research, design, development, application, and marketing of integrated circuits (ICs). The company offers speech ICs, multi-channel voice ICs, general pur...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:52
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.