WIN Semiconductors Corp.

TPEX:3105 Stock Report

Market Cap: NT$172.1b

WIN Semiconductors Future Growth

Future criteria checks 3/6

WIN Semiconductors is forecast to grow earnings and revenue by 27.9% and 14.9% per annum respectively. EPS is expected to grow by 28% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

27.9%

Earnings growth rate

27.96%

EPS growth rate

Semiconductor earnings growth28.1%
Revenue growth rate14.9%
Future return on equity12.94%
Analyst coverage

Good

Last updated07 Jul 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 22

3105: Lower Future P/E Assumptions Will Sustain Overvaluation Risk

Analysts have updated their view on WIN Semiconductors, setting a revised price target of NT$387.08. This reflects a shift in the assumed discount rate and future P/E multiple, while revenue growth and profit margin expectations remain unchanged.
Narrative Update • Jun 07

3105: Higher Discount Rate And Lower P/E Will Pressure Rich Dividend Outlook

Analysts have maintained their fair value estimate for WIN Semiconductors at NT$90.00, while adjusting key assumptions around discount rate, revenue growth, profit margin and future P/E to reflect an updated view of the company’s risk profile and earnings potential. What's in the News WIN Semiconductors announced an annual dividend of TWD 2.0000 per share.
Narrative Update • May 24

3105: Higher Assumed Margins And P/E Will Sustain Overvaluation Risk

Analysts have updated their view on WIN Semiconductors, lifting the implied fair value in their price target framework from about NT$205 to around NT$387, citing revised assumptions for revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: NT$204.64 in the earlier framework versus NT$387.08 in the updated workup, reflecting a higher implied valuation reference point.
Narrative Update • May 05

3105: Higher Margins And Earnings Guide Will Support Rich P/E

Analysts now place WIN Semiconductors' fair value at NT$640.0 versus the prior NT$336.0, reflecting updated assumptions around higher revenue, profit margins, and a slightly different discount rate and future P/E. What's in the News WIN Semiconductors issued new consolidated earnings guidance for the first quarter of 2026, giving investors an updated reference point for near term expectations.
Narrative Update • Apr 19

3105: High P/E Will Clash With Guided Revenue And Margin Weakness

Analysts have maintained their NT$336.00 price target for WIN Semiconductors. They cite small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions that offset each other in their updated models.
Narrative Update • Apr 04

3105: Elevated Future P/E Against Softer Near Term Outlook Will Pressure Shares

Analysts have adjusted their price target for WIN Semiconductors to NT$336.00, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and assumptions about future P/E ratios. What's in the News WIN Semiconductors issued consolidated earnings guidance for the first quarter of 2026, giving investors a fresh reference point for short term expectations (Key Developments).
Narrative Update • Mar 20

3105: Earnings Guidance And Lower Discount Rate Will Signal Overvaluation Risk

Analysts have raised their fair value estimate for WIN Semiconductors from NT$75.00 to NT$90.00, citing updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News WIN Semiconductors issued consolidated earnings guidance for the first quarter of 2026, giving investors an early look at expected financial performance (Key Developments).
Narrative Update • Mar 06

3105: Elevated Future P/E And Softer Q1 Guidance Will Sustain Overvaluation Risk

Analysts have revised their price target for WIN Semiconductors to NT$204.64 from NT$133.73. This mainly reflects an updated view on fair value and a higher assumed future P/E multiple, while core growth and margin assumptions are kept broadly consistent.
Narrative Update • Feb 20

3105: Elevated Future P/E And Soft Guidance Will Likely Sustain Overvaluation Risk

Analysts have revised their fair value estimate for WIN Semiconductors from NT$105.27 to NT$133.73. This change reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations.
Narrative Update • Feb 06

3105: Lower Margin Outlook And Rich P/E Will Likely Pressure Shares

Analysts have raised their fair value estimate for WIN Semiconductors from $118.51 to $187.95, citing updated assumptions related to discount rates, revenue growth, profit margins, and future P/E levels. Valuation Changes Fair Value Estimate raised from NT$118.51 to NT$187.95, reflecting a higher assessed intrinsic value per share.
Narrative Update • Jan 22

3105: Lower Discount Rate Will Signal Overvaluation Risk Despite Higher Margins

Analysts have lifted their fair value estimate for WIN Semiconductors from $69.0 to $75.0, reflecting updated assumptions for faster revenue growth, higher profit margins and a lower cost of equity alongside a revised future P/E multiple. Valuation Changes The Fair Value Estimate has risen from NT$69.0 to NT$75.0, indicating a higher assessed intrinsic value per share.
Narrative Update • Jan 07

3105: Higher Future P/E Will Likely Sustain Overvaluation Risk

Analysts have raised their fair value estimate for WIN Semiconductors to $105.27 from $99.07, attributing the change to slightly lower discount rate assumptions and a higher future P/E multiple in their updated models. Valuation Changes Fair Value Estimate was revised from NT$99.07 to NT$105.27, indicating a modest upward adjustment in the model output.
Narrative Update • Dec 17

3105: Slightly Lower Discount Rate Will Likely Sustain Overvaluation Risk

Analysts have raised their price target on WIN Semiconductors by approximately $3.00. This reflects slightly faster expected revenue growth, a marginally lower discount rate, and a modestly higher future earnings multiple that more than offset a small reduction in projected profit margins.
Narrative Update • Dec 03

3105: Lower Discount Rate Will Likely Keep Overvaluation Risks Intact

Analysts have modestly revised their price target on WIN Semiconductors to TWD 96.07, reflecting slightly lower discount rate assumptions and marginally adjusted long term profitability and valuation multiples, while keeping the overall fair value essentially unchanged. Valuation Changes Fair Value: Remains effectively unchanged at approximately NT$96.07, indicating no material adjustment to the intrinsic valuation.
Narrative Update • Nov 19

3105: Lower Discount Rate Will Likely Fail To Offset Overvaluation Risk

Analysts have raised their price target for WIN Semiconductors by $2.00, citing improved revenue growth and profit margin forecasts as key drivers of the upward revision. Valuation Changes Fair Value has risen slightly, increasing from NT$94.07 to NT$96.07.
Narrative Update • Nov 01

3105: Profit Margin Declines Are Expected To Weigh On Future Returns

Analysts have raised their price target for WIN Semiconductors from $89.21 to $94.07, citing modestly improved revenue growth expectations and a lower discount rate as key drivers behind the updated valuation. Valuation Changes Consensus Analyst Price Target has risen slightly from NT$89.21 to NT$94.07.
User avatar
New Narrative • Feb 15

Advancements In AI And Wi-Fi 7 Will Expand Future Opportunities For Compound Semiconductors

Strong growth in Infrastructure and Optics emphasizes potential revenue expansion, despite short-term declines in other areas.

Earnings and Revenue Growth Forecasts

TPEX:3105 - Analysts future estimates and past financials data (TWD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202829,8826,6506,6556,8467
12/31/202723,9294,5125,6676,19411
12/31/202620,4692,6984,7384,57411
3/31/202617,6532,2111,5064,060N/A
12/31/202516,6391,6943,1914,953N/A
9/30/202515,5503132,6714,202N/A
6/30/202515,410-5292,9673,983N/A
3/31/202516,5913773,6124,679N/A
12/31/202417,4587683,6244,900N/A
9/30/202418,6201,5054,4125,796N/A
6/30/202418,4371,3113,1365,993N/A
3/31/202417,4197292,9826,029N/A
12/31/202315,836-809714,270N/A
9/30/202314,500-5413154,271N/A
6/30/202314,243-223-1,2412,725N/A
3/31/202315,597518-2,8233,599N/A
12/31/202218,3341,802-1,2225,968N/A
9/30/202222,0203,650-1,6046,950N/A
6/30/202224,8734,8503798,327N/A
3/31/202225,7705,1861117,760N/A
12/31/202126,1825,455-3607,815N/A
9/30/202125,8264,979-6318,223N/A
6/30/202125,6315,406-1,0518,809N/A
3/31/202125,4856,089-6348,654N/A
12/31/202025,5466,529-408,755N/A
9/30/202025,5897,0951,3028,841N/A
6/30/202025,4266,7663,1269,476N/A
3/31/202023,8295,8913,3179,197N/A
12/31/201921,3784,474N/A8,084N/A
9/30/201918,6883,372N/A6,865N/A
6/30/201916,3502,440N/A5,031N/A
3/31/201916,4662,563N/A5,097N/A
12/31/201817,3113,124N/A5,480N/A
9/30/201818,6773,706N/A6,086N/A
6/30/201819,0154,170N/A6,217N/A
3/31/201818,2684,004N/A6,227N/A
12/31/201717,0863,764N/A5,894N/A
9/30/201714,7122,985N/A4,602N/A
6/30/201713,8612,809N/A4,652N/A
3/31/201713,6132,770N/A4,109N/A
12/31/201613,6233,113N/A3,787N/A
9/30/201613,6143,262N/A4,644N/A
6/30/201612,9743,062N/A4,518N/A
3/31/201612,5012,893N/A4,838N/A
12/31/201512,0162,672N/A4,893N/A
9/30/201511,5322,517N/A4,586N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3105's forecast earnings growth (27.9% per year) is above the savings rate (1.3%).

Earnings vs Market: 3105's earnings (27.9% per year) are forecast to grow faster than the TW market (27% per year).

High Growth Earnings: 3105's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3105's revenue (14.9% per year) is forecast to grow slower than the TW market (19.4% per year).

High Growth Revenue: 3105's revenue (14.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3105's Return on Equity is forecast to be low in 3 years time (12.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 06:02
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

WIN Semiconductors Corp. is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ping-Heng WuBarclays
Xin SunBernstein
Haas LiuBofA Global Research