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3592

Raydium SemiconductorTPEX:3592 Stock Report

Market Cap

NT$23.4b

7D

1.5%

1Y

290.9%

Updated

20 Oct, 2021

Data

Company Financials
3592 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

3592 Overview

Raydium Semiconductor Corporation provides integrated circuit (IC) solutions in Taiwan and internationally.

Raydium Semiconductor Competitors

MediaTek

TWSE:2454

NT$1.4t

Novatek Microelectronics

TWSE:3034

NT$244.0b

Fitipower Integrated Technology

TWSE:4961

NT$35.6b

FocalTech Systems

TWSE:3545

NT$31.5b

Price History & Performance

Summary of all time highs, changes and price drops for Raydium Semiconductor
Historical stock prices
Current Share PriceNT$349.50
52 Week HighNT$87.20
52 Week LowNT$510.00
Beta0.78
1 Month Change-3.05%
3 Month Change-13.92%
1 Year Change290.94%
3 Year Change518.04%
5 Year Change454.85%
Change since IPO95.77%

Recent News & Updates

Apr 23
Why The 23% Return On Capital At Raydium Semiconductor (GTSM:3592) Should Have Your Attention

Why The 23% Return On Capital At Raydium Semiconductor (GTSM:3592) Should Have Your Attention

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...

Shareholder Returns

3592TW SemiconductorTW Market
7D1.5%3.8%2.6%
1Y290.9%38.0%31.0%

Return vs Industry: 3592 exceeded the TW Semiconductor industry which returned 38% over the past year.

Return vs Market: 3592 exceeded the TW Market which returned 31% over the past year.

Price Volatility

Is 3592's price volatile compared to industry and market?
3592 volatility
3592 Beta0.78
Industry Beta1.01
Market Beta1

Stable Share Price: 3592 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 3592's weekly volatility has decreased from 12% to 5% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/ahttps://www.rad-ic.com

Raydium Semiconductor Corporation provides integrated circuit (IC) solutions in Taiwan and internationally. It offers driver IC, power IC, touch control IC, and power management and timing controller IC solutions for artificial intelligence, Internet of Things, smart TVs, professional gaming, computer information, automotive, and industrial control products, as well as mobile and wearable devices. The company was founded in 2003 and is headquartered in Hsinchu City, Taiwan.

Raydium Semiconductor Fundamentals Summary

How do Raydium Semiconductor's earnings and revenue compare to its market cap?
3592 fundamental statistics
Market CapNT$23.39b
Earnings (TTM)NT$2.43b
Revenue (TTM)NT$19.52b

9.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3592 income statement (TTM)
RevenueNT$19.52b
Cost of RevenueNT$12.84b
Gross ProfitNT$6.68b
ExpensesNT$4.25b
EarningsNT$2.43b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)36.26
Gross Margin34.21%
Net Profit Margin12.43%
Debt/Equity Ratio0%

How did 3592 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Raydium Semiconductor undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3592 (NT$349.5) is trading below our estimate of fair value (NT$2820.54)

Significantly Below Fair Value: 3592 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3592 is good value based on its PE Ratio (9.6x) compared to the TW Semiconductor industry average (19.7x).

PE vs Market: 3592 is good value based on its PE Ratio (9.6x) compared to the TW market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3592's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3592 is overvalued based on its PB Ratio (3.9x) compared to the TW Semiconductor industry average (2.8x).


Future Growth

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

15.0%

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 Raydium Semiconductor 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 Raydium Semiconductor performed over the past 5 years?

31.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3592 has high quality earnings.

Growing Profit Margin: 3592's current net profit margins (12.4%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: 3592's earnings have grown significantly by 31% per year over the past 5 years.

Accelerating Growth: 3592's earnings growth over the past year (328.7%) exceeds its 5-year average (31% per year).

Earnings vs Industry: 3592 earnings growth over the past year (328.7%) exceeded the Semiconductor industry 58%.


Return on Equity

High ROE: 3592's Return on Equity (40.9%) is considered outstanding.


Financial Health

How is Raydium Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: 3592's short term assets (NT$11.3B) exceed its short term liabilities (NT$6.5B).

Long Term Liabilities: 3592's short term assets (NT$11.3B) exceed its long term liabilities (NT$6.5M).


Debt to Equity History and Analysis

Debt Level: 3592 is debt free.

Reducing Debt: 3592 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.

Debt Coverage: 3592 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3592 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Raydium Semiconductor current dividend yield, its reliability and sustainability?

3.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3592's dividend (3%) is higher than the bottom 25% of dividend payers in the TW market (2%).

High Dividend: 3592's dividend (3%) is low compared to the top 25% of dividend payers in the TW market (5.28%).


Stability and Growth of Payments

Stable Dividend: 3592's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3592's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.4%), 3592's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Raydium Semiconductor 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

Raydium Semiconductor Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Raydium Semiconductor Corporation
  • Ticker: 3592
  • Exchange: TPEX
  • Founded: 2003
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$23.394b
  • Shares outstanding: 66.94m
  • Website: https://www.rad-ic.com

Number of Employees


Location

  • Raydium Semiconductor Corporation
  • No 23. Li-Hsin Road
  • Hsinchu Science Park
  • Hsinchu City
  • 300
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 08:32
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
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.