TPEX:5274

Stock Analysis Report

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Market Cap

NT$83.6b

Last Updated

2021/07/25 09:03 UTC

Data Sources

Company Financials +

Executive Summary

ASPEED Technology Inc. operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

Share Price & News

How has ASPEED Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5274 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 5274's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

8.7%

5274

-0.7%

TW Semiconductor

-1.7%

TW Market


1 Year Return

98.8%

5274

56.0%

TW Semiconductor

42.3%

TW Market

Return vs Industry: 5274 exceeded the TW Semiconductor industry which returned 56% over the past year.

Return vs Market: 5274 exceeded the TW Market which returned 42.3% over the past year.


Shareholder returns

5274IndustryMarket
7 Day8.7%-0.7%-1.7%
30 Day20.0%1.1%1.3%
90 Day24.2%-1.0%2.0%
1 Year101.2%98.8%59.1%56.0%45.3%42.3%
3 Year219.7%201.4%152.4%130.5%73.3%56.7%
5 Year738.2%644.6%295.3%237.8%131.1%93.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ASPEED Technology undervalued compared to its fair value and its price relative to the market?

80.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 5274 (NT$2435) is trading above our estimate of fair value (NT$1557.22)

Significantly Below Fair Value: 5274 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5274 is poor value based on its PE Ratio (80.6x) compared to the TW Semiconductor industry average (26.6x).

PE vs Market: 5274 is poor value based on its PE Ratio (80.6x) compared to the TW market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: 5274 is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: 5274 is overvalued based on its PB Ratio (33.8x) compared to the TW Semiconductor industry average (3.2x).


Future Growth

How is ASPEED Technology forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

28.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5274's forecast earnings growth (28.2% per year) is above the savings rate (0.8%).

Earnings vs Market: 5274's earnings (28.2% per year) are forecast to grow faster than the TW market (9.4% per year).

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

Revenue vs Market: 5274's revenue (28% per year) is forecast to grow faster than the TW market (8.9% per year).

High Growth Revenue: 5274's revenue (28% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5274's Return on Equity is forecast to be very high in 3 years time (48.8%).


Past Performance

How has ASPEED Technology performed over the past 5 years?

21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5274 has high quality earnings.

Growing Profit Margin: 5274's current net profit margins (33.5%) are higher than last year (32.4%).


Past Earnings Growth Analysis

Earnings Trend: 5274's earnings have grown significantly by 21.3% per year over the past 5 years.

Accelerating Growth: 5274's earnings growth over the past year (19.5%) is below its 5-year average (21.3% per year).

Earnings vs Industry: 5274 earnings growth over the past year (19.5%) underperformed the Semiconductor industry 42.6%.


Return on Equity

High ROE: 5274's Return on Equity (41.8%) is considered outstanding.


Financial Health

How is ASPEED Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 5274's short term assets (NT$3.0B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 5274's short term assets (NT$3.0B) exceed its long term liabilities (NT$113.1M).


Debt to Equity History and Analysis

Debt Level: 5274 is debt free.

Reducing Debt: 5274 had no debt 5 years ago.

Debt Coverage: 5274 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 5274 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

1.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5274's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.81%).

High Dividend: 5274's dividend (1.07%) is low compared to the top 25% of dividend payers in the TW market (4.92%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 5274 has been paying a dividend for less than 10 years.

Growing Dividend: 5274's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.1%), 5274's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 5274's dividends in 3 years are forecast to be covered by earnings (76.7% payout ratio).


Next Steps

Management

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

9.1yrs

Average board tenure


CEO

Chris Lin

no data

Tenure

Mr. Chris Lin Founded ASPEED in 2004. He serves as the Chairman and President at Aspeed Technology Inc. Mr. Lin serves as the President of XGI. He joined ASPEED Technology Inc. in November 11, 2004. Mr. Li...


Board Members

Experienced Board: 5274's board of directors are considered experienced (9.1 years average tenure).


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

ASPEED Technology Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ASPEED Technology Inc.
  • Ticker: 5274
  • Exchange: TPEX
  • Founded: 2004
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$83.558b
  • Shares outstanding: 34.32m
  • Website: https://www.aspeedtech.com

Number of Employees


Location

  • ASPEED Technology Inc.
  • Gongdao 5th Road
  • 4th Floor
  • Hsinchu City
  • 30069
  • Taiwan

Listings


Biography

ASPEED Technology Inc. operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally. It offers server management product lines; PC and AV extensions...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/25 09:03
End of Day Share Price2021/07/23 00:00
Earnings2021/03/31
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.