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3150

Syncomm Technology TPEX:3150 Stock Report

Last Price

NT$33.90

Market Cap

NT$1.1b

7D

-1.5%

1Y

-12.6%

Updated

28 Sep, 2022

Data

Company Financials
3150 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

3150 Stock Overview

Syncomm Technology Corp. operates as a fabless semiconductor company worldwide.

Syncomm Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Syncomm Technology
Historical stock prices
Current Share PriceNT$33.90
52 Week HighNT$48.60
52 Week LowNT$27.30
Beta0.45
1 Month Change-13.74%
3 Month Change-5.83%
1 Year Change-12.63%
3 Year Change300.23%
5 Year Change361.28%
Change since IPO-28.94%

Recent News & Updates

Shareholder Returns

3150TW SemiconductorTW Market
7D-1.5%-8.2%-7.0%
1Y-12.6%-29.4%-19.7%

Return vs Industry: 3150 exceeded the TW Semiconductor industry which returned -29.4% over the past year.

Return vs Market: 3150 exceeded the TW Market which returned -19% over the past year.

Price Volatility

Is 3150's price volatile compared to industry and market?
3150 volatility
3150 Average Weekly Movement6.8%
Semiconductor Industry Average Movement6.2%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 3150 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 3150's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
199852n/ahttps://www.syncomm.com.tw

Syncomm Technology Corp. operates as a fabless semiconductor company worldwide. It offers portable products, wireless SOC integrating audio and data processors, and wireless digital modules for use in smart TVs, computers, and mobile devices, as well as PC peripheral, console gaming, portable accessory, and home audio applications. The company was founded in 1998 and is based in Hsinchu, Taiwan.

Syncomm Technology Fundamentals Summary

How do Syncomm Technology's earnings and revenue compare to its market cap?
3150 fundamental statistics
Market CapNT$1.07b
Earnings (TTM)NT$83.41m
Revenue (TTM)NT$449.73m

12.8x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3150 income statement (TTM)
RevenueNT$449.73m
Cost of RevenueNT$236.83m
Gross ProfitNT$212.90m
Other ExpensesNT$129.50m
EarningsNT$83.41m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.64
Gross Margin47.34%
Net Profit Margin18.55%
Debt/Equity Ratio0%

How did 3150 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

55%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 3150 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3150?

Other financial metrics that can be useful for relative valuation.

3150 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA8.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3150's PE Ratio compare to its peers?

3150 PE Ratio vs Peers
The above table shows the PE ratio for 3150 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.4x
3122 Megawin Technology
6.6xn/aNT$904.2m
6243 Ene Technology
11.6xn/aNT$1.1b
6229 V-TAC TechnologyLtd
5.3xn/aNT$855.4m
3627 Arima Lasers
5.9xn/aNT$898.7m
3150 Syncomm Technology
12.8xn/aNT$1.1b

Price-To-Earnings vs Peers: 3150 is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (7.4x).


Price to Earnings Ratio vs Industry

How does 3150's PE Ratio compare vs other companies in the TW Semiconductor Industry?

Price-To-Earnings vs Industry: 3150 is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the TW Semiconductor industry average (11.2x)


Price to Earnings Ratio vs Fair Ratio

What is 3150's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3150 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3150's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3150 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3150 (NT$33.9) is trading below our estimate of fair value (NT$205.66)

Significantly Below Fair Value: 3150 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Syncomm Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.9%

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 Syncomm Technology 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.


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  • Examine Syncomm Technology's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Syncomm Technology performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


63.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3150 has high quality earnings.

Growing Profit Margin: 3150's current net profit margins (18.5%) are lower than last year (18.8%).


Past Earnings Growth Analysis

Earnings Trend: 3150 has become profitable over the past 5 years, growing earnings by 63.9% per year.

Accelerating Growth: 3150's earnings growth over the past year (6.2%) is below its 5-year average (63.9% per year).

Earnings vs Industry: 3150 earnings growth over the past year (6.2%) underperformed the Semiconductor industry 50.5%.


Return on Equity

High ROE: 3150's Return on Equity (21.5%) is considered high.


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Financial Health

How is Syncomm Technology's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3150's short term assets (NT$489.7M) exceed its short term liabilities (NT$131.6M).

Long Term Liabilities: 3150 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 3150 is debt free.

Reducing Debt: 3150 has not had any debt for past 5 years.

Debt Coverage: 3150 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3150 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Syncomm Technology current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.42%

Current Dividend Yield

Dividend Yield vs Market

Syncomm Technology Dividend Yield vs Market
How does Syncomm Technology dividend yield compare to the market?
SegmentDividend Yield
Company (Syncomm Technology)4.4%
Market Bottom 25% (TW)2.6%
Market Top 25% (TW)7.1%
Industry Average (Semiconductor)4.2%
Analyst forecast in 3 Years (Syncomm Technology)n/a

Notable Dividend: 3150's dividend (4.42%) is higher than the bottom 25% of dividend payers in the TW market (2.51%).

High Dividend: 3150's dividend (4.42%) is low compared to the top 25% of dividend payers in the TW market (6.91%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 3150's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 3150's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.2%), 3150's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (55.4%), 3150's dividend payments are covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Syncomm Technology 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

What is the ownership structure of 3150?
Owner TypeNumber of SharesOwnership Percentage

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.

Company Information

Syncomm Technology Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Syncomm Technology Corp.
  • Ticker: 3150
  • Exchange: TPEX
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: NT$1.071b
  • Shares outstanding: 31.61m
  • Website: https://www.syncomm.com.tw

Number of Employees


Location

  • Syncomm Technology Corp.
  • No. 101, Gongdao 5th Road
  • 10th Floor
  • Hsinchu
  • 30070
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3150TPEX (Taipei Exchange)YesCommon StockTWTWDOct 2010

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.