Parade Technologies, Ltd.

TPEX:4966 Stock Report

Market Cap: NT$49.1b

Parade Technologies Past Earnings Performance

Past criteria checks 1/6

Parade Technologies's earnings have been declining at an average annual rate of -17.8%, while the Semiconductor industry saw earnings declining at 5.2% annually. Revenues have been declining at an average rate of 4.9% per year. Parade Technologies's return on equity is 11.6%, and it has net margins of 15.8%.

Key information

-17.81%

Earnings growth rate

-17.90%

EPS growth rate

Semiconductor Industry Growth19.89%
Revenue growth rate-4.91%
Return on equity11.65%
Net Margin15.83%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update • Jul 01

4966: Higher Future Multiple And New Display Controller Will Support Upside

Analysts have adjusted their fair value estimate for Parade Technologies from NT$866.00 to about NT$960.06, reflecting updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What’s in the News for Parade Technologies Parade Technologies issued earnings guidance for the second quarter of fiscal 2026, with revenue for the first quarter of fiscal 2026 expected in a range of US$127.0 million to US$141.0 million.
Narrative Update • Jun 17

4966: Auto Display Pipeline And Buybacks Will Support Fairly Valued Shares

Analysts have revised their price target for Parade Technologies to NT$668.50 from NT$596.54, reflecting updated assumptions around revenue growth, profit margins, and the P/E multiple used in their valuation work. What’s in the News for Parade Technologies Parade Technologies issued earnings guidance for fiscal 2026, with expected first quarter revenue in a range of US$127.0 million to US$141.0 million.
Narrative Update • Jun 03

4966: Future Auto Display Hub Demand Will Expose Overstretched Earnings Multiple

Analysts now see Parade Technologies' fair value at NT$520.00, up from NT$500.00, reflecting updated views on revenue growth, profit margin assumptions and a higher future P/E multiple. What's in the News Parade Technologies issued earnings guidance for the second quarter of fiscal 2026 and expects first quarter fiscal 2026 revenue in a range of US$127.0 million to US$141.0 million.
Narrative Update • May 10

4966: Buybacks And Product Pipeline Will Mask Limited Future Upside

Analysts have trimmed their price target on Parade Technologies from roughly NT$602.67 to about NT$596.54, citing updated assumptions around revenue growth, profit margins, a slightly higher discount rate, and a lower future P/E multiple. What's in the News Parade issued earnings guidance for the first quarter of fiscal 2026, with expected revenue in a range of US$119.75m to US$132.25m.
Narrative Update • Apr 22

4966: Connectivity Portfolio Expansion And Share Buybacks Will Support Steady Long Term Upside

Analysts have adjusted their price target on Parade Technologies to NT$602.67, reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E. These changes keep the fair value estimate broadly in line with earlier views.
Narrative Update • Apr 08

4966: Share Buybacks And New Connectivity Products Will Support Long Term Upside

Analysts kept their fair value estimate for Parade Technologies steady at NT$602.67. They explained the unchanged target by pointing to only marginal tweaks in assumptions for the discount rate, revenue growth, profit margin and future P/E.
Narrative Update • Mar 24

4966: Share Buybacks And New Products Will Support Long Term Upside

Analysts have kept their NT$602.67 price target on Parade Technologies broadly steady, as only minor model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions were made in recent updates. What's in the News The Board of Directors authorized a share buyback plan on February 10, 2026, setting the framework for future repurchases.
Narrative Update • Mar 10

4966: New Data Center And Notebook Display Products Will Support Long Term Upside

Analysts have nudged their price target on Parade Technologies slightly higher, with fair value moving from about NT$600.92 to around NT$602.67. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E.
Narrative Update • Feb 23

4966: New Notebook Display Solutions Will Support Constructive Long Term Outlook

The analyst price target for Parade Technologies has been adjusted from NT$734.33 to NT$600.92. Analysts attribute this revision to more moderate revenue growth and profit margin assumptions, partially offset by a higher future P/E multiple as the main factors behind the change.
Narrative Update • Feb 09

4966: Future Auto Display Integration Will Balance Cabin Demand And Valuation Risk

Analysts have held their fair value estimate for Parade Technologies steady at US$500.00. This reflects slightly softer assumed revenue growth and a lower discount rate, partly offset by a modestly higher profit margin outlook and a slightly reduced future P/E multiple.
Narrative Update • Jan 25

4966: Future Auto Display Integration Will Face Ongoing Overvaluation Risk

Analysts kept their fair value estimate for Parade Technologies steady at $500.00, while slightly adjusting assumptions for discount rate, revenue growth, profit margin, and future P/E. This reflects fine tuning of their models rather than a change in overall view.
Narrative Update • Jan 09

4966: Future Auto Display Advances Will Face A More Cautious Outlook

Analysts now see fair value for Parade Technologies at $500, down from $580, reflecting updated assumptions around a slightly higher discount rate, modestly adjusted revenue growth and profit margin outlooks, and a lower future P/E multiple. What's in the News Parade Technologies introduced the TC1316V device, described as the world's first fully integrated AEC-Q100 qualified embedded DisplayPort touch with Tcon embedded driver, aimed at next generation automotive cockpit LCDs that use high resolution and high refresh rates (Key Developments).
Narrative Update • Dec 14

4966: Future Auto Display Products Will Support A Measured Outlook

Analysts have raised their price target on Parade Technologies from $482.81 to $580.00, citing higher expected revenue growth and a willingness to ascribe a richer future earnings multiple, despite slightly lower projected profit margins and a modestly higher discount rate. What's in the News Launched the TC1316V, billed as the world's first fully integrated AEC-Q100 qualified embedded DisplayPort touch with Tcon embedded driver, targeting next generation high resolution, high refresh rate automotive cockpit LCDs (company announcement).
Narrative Update • Nov 30

4966: New Automotive Cockpit Displays and Server Solutions Will Support Steady Outlook

Analysts have raised their price target for Parade Technologies slightly, increasing it from $733.62 to $734.33. This change is attributed to minor adjustments to core valuation inputs, including a marginally lower discount rate and updated expectations for revenue growth and profit margins.
Narrative Update • Nov 16

4966: Future Automotive Display Launches Will Drive Strong Momentum

Narrative Update on Parade Technologies Price Target Analysts have slightly reduced their price target for Parade Technologies, updating it from $741.92 to $733.62. They cited lower projected revenue growth and a modest increase in the discount rate as key factors in their revised outlook.
Narrative Update • Nov 02

4966: Profit Margin Improvements And Data Center Moves Will Support Balanced Outlook

Analysts have raised their price target for Parade Technologies from $738 to approximately $741.92. This change reflects improved profit margin expectations and slightly higher projected revenue growth.
Narrative Update • Oct 18

USB4 Integration And Data Center Gains Will Unfold Mixed Outcomes

Narrative Update on Parade Technologies Analysts have maintained their price target for Parade Technologies at $738.00. They cite stable expectations on fair value and company fundamentals.
Narrative Update • Oct 04

USB4 Integration And Data Center Gains Will Unfold Mixed Outcomes

Analysts have raised their price target for Parade Technologies from $705.29 to $738.00. They cite expectations of improved revenue growth and a slight reduction in discount rate, which are partially offset by a modest decline in projected profit margins.
Narrative Update • Aug 08

Integration Of Spectra7 Assets Will Transform High-Speed Connectivity Markets

Upward revisions in Parade Technologies’ future P/E and consensus revenue growth forecasts have led analysts to raise their fair value price target from NT$619.50 to NT$648.58. What's in the News Parade Technologies expects Q3 2025 revenue between USD 140 million and USD 154 million.
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New Narrative • Feb 09

Expanding High-Speed Products Into The Automotive Sector Will Strengthen Future Market Position

Expansion into automotive and high-speed product lines is expected to drive significant revenue growth and diversify income streams.

Revenue & Expenses Breakdown

How Parade Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TPEX:4966 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2616,3692,5921,3902,894
31 Dec 2516,5312,7271,4162,910
30 Sep 2516,7642,8711,4182,879
30 Jun 2516,7872,8171,4532,913
31 Mar 2516,5832,6831,5102,939
31 Dec 2416,2462,5921,5382,913
30 Sep 2415,9502,5421,5542,867
30 Jun 2415,2542,3921,5142,827
31 Mar 2414,5442,2531,4862,701
31 Dec 2313,7692,0331,4662,587
30 Sep 2313,1261,8491,4192,552
30 Jun 2314,0122,2291,4592,499
31 Mar 2317,1973,5951,5142,508
31 Dec 2220,0554,8981,5522,498
30 Sep 2222,2805,9081,6212,436
30 Jun 2223,0296,4021,6512,349
31 Mar 2221,5495,8671,6222,250
31 Dec 2119,9955,2451,5492,153
30 Sep 2118,8524,7381,4742,076
30 Jun 2117,9324,3341,3872,006
31 Mar 2116,6623,9171,2811,927
31 Dec 2015,2803,5061,2001,848
30 Sep 2013,9483,1801,1331,783
30 Jun 2012,6912,7801,0641,720
31 Mar 2011,8832,4841,0091,682
31 Dec 1911,8112,4349881,658
30 Sep 1912,0022,4959491,624
30 Jun 1911,4622,3189011,598
31 Mar 1910,8902,1388531,565
31 Dec 1810,3641,9698191,528
30 Sep 189,8981,7148141,499
30 Jun 1810,0161,8838241,445
31 Mar 1810,3631,9658371,403
31 Dec 1710,3521,9328301,389
30 Sep 1710,1411,8418171,383
30 Jun 179,4871,4707951,399
31 Mar 179,1181,3708011,416
31 Dec 169,1071,3568201,432
30 Sep 168,8671,3078201,425
30 Jun 168,7221,3258081,362
31 Mar 168,0121,2477381,197
31 Dec 157,1891,1446591,031
30 Sep 156,6801,155606879

Quality Earnings: 4966 has high quality earnings.

Growing Profit Margin: 4966's current net profit margins (15.8%) are lower than last year (16.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 4966's earnings have declined by 17.8% per year over the past 5 years.

Accelerating Growth: 4966's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4966 had negative earnings growth (-3.4%) over the past year, making it difficult to compare to the Semiconductor industry average (2.9%).

Return on Equity

High ROE: 4966's Return on Equity (11.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 16:43
End of Day Share Price 2026/07/06 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

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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

Parade Technologies, Ltd. is covered by 20 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mike YangBofA Global Research
null nullCapital Securities Corporation
Liyen ChenCapital Securities Corporation