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5468

TM Technology TPEX:5468 Stock Report

Last Price

NT$18.55

Market Cap

NT$646.6m

7D

4.2%

1Y

20.1%

Updated

04 Oct, 2022

Data

Company Financials
5468 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

5468 Stock Overview

TM Technology, Inc., a fables IC company, designs, manufactures, and markets system integrated IC products.

TM Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TM Technology
Historical stock prices
Current Share PriceNT$18.55
52 Week HighNT$44.45
52 Week LowNT$14.70
Beta0.72
1 Month Change-17.19%
3 Month Change-19.87%
1 Year Change20.06%
3 Year Change38.43%
5 Year Change-5.28%
Change since IPO-98.13%

Recent News & Updates

Shareholder Returns

5468TW SemiconductorTW Market
7D4.2%-2.6%-1.7%
1Y20.1%-27.7%-16.9%

Return vs Industry: 5468 exceeded the TW Semiconductor industry which returned -29.8% over the past year.

Return vs Market: 5468 exceeded the TW Market which returned -18.3% over the past year.

Price Volatility

Is 5468's price volatile compared to industry and market?
5468 volatility
5468 Average Weekly Movement8.2%
Semiconductor Industry Average Movement6.2%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.4%

Stable Share Price: 5468 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 5468's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1994n/aBen S. Wuhttps://www.tmtech.com.tw

TM Technology, Inc., a fables IC company, designs, manufactures, and markets system integrated IC products. Its system integrated ICs include power management ICs for LED back light diver of LCD panels, LED lighting products, and LED displays. The company’s products comprise LED drivers for green energy lighting products; and fiber and communications products, including laser diode drivers, limiting amplifiers, FTTx PON solutions, transimpedance amplifiers, and digital diagnostics monitoring interface control solutions.

TM Technology Fundamentals Summary

How do TM Technology's earnings and revenue compare to its market cap?
5468 fundamental statistics
Market CapNT$646.60m
Earnings (TTM)NT$25.23m
Revenue (TTM)NT$178.81m

26.3x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5468 income statement (TTM)
RevenueNT$178.81m
Cost of RevenueNT$109.74m
Gross ProfitNT$69.08m
Other ExpensesNT$43.85m
EarningsNT$25.23m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin38.63%
Net Profit Margin14.11%
Debt/Equity Ratio101.5%

How did 5468 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 5468 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 5468?

Other financial metrics that can be useful for relative valuation.

5468 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/Revenue4.6x
Enterprise Value/EBITDA27.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 5468's PE Ratio compare to its peers?

5468 PE Ratio vs Peers
The above table shows the PE ratio for 5468 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.6x
6594 Alcorlink
21.8xn/aNT$872.6m
5487 Tontek Design Technology
19.5xn/aNT$673.8m
3339 Tekcore
14.6xn/aNT$771.9m
6720 Major-Power Technology
15.2xn/aNT$490.6m
5468 TM Technology
26.3xn/aNT$646.6m

Price-To-Earnings vs Peers: 5468 is expensive based on its Price-To-Earnings Ratio (26.3x) compared to the peer average (17.6x).


Price to Earnings Ratio vs Industry

How does 5468's PE Ratio compare vs other companies in the TW Semiconductor Industry?

Price-To-Earnings vs Industry: 5468 is expensive based on its Price-To-Earnings Ratio (26.3x) compared to the TW Semiconductor industry average (10.8x)


Price to Earnings Ratio vs Fair Ratio

What is 5468'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.

5468 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5468's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 5468 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 5468's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 5468's fair value for valuation analysis.


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 TM 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


6.6%

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 TM 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.


Discover growth companies

  • Take a look at our analysis of 5468’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has TM Technology performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5468 has a high level of non-cash earnings.

Growing Profit Margin: 5468 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 5468 has become profitable over the past 5 years, growing earnings by 46.7% per year.

Accelerating Growth: 5468 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 5468 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (49.8%).


Return on Equity

High ROE: 5468's Return on Equity (12%) is considered low.


Discover strong past performing companies

Financial Health

How is TM Technology's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5468's short term assets (NT$291.6M) exceed its short term liabilities (NT$205.6M).

Long Term Liabilities: 5468's short term assets (NT$291.6M) exceed its long term liabilities (NT$40.8M).


Debt to Equity History and Analysis

Debt Level: 5468's net debt to equity ratio (78.4%) is considered high.

Reducing Debt: 5468's debt to equity ratio has increased from 33.7% to 101.5% over the past 5 years.

Debt Coverage: 5468's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 5468's interest payments on its debt are well covered by EBIT (16.1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

TM Technology Dividend Yield vs Market
How does TM Technology dividend yield compare to the market?
SegmentDividend Yield
Company (TM Technology)n/a
Market Bottom 25% (TW)2.5%
Market Top 25% (TW)6.9%
Industry Average (Semiconductor)4.2%
Analyst forecast in 3 Years (TM Technology)n/a

Notable Dividend: Unable to evaluate 5468's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 5468's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 5468's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5468's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 5468 has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Ben S. Wu

6.67yrs

Tenure

Dr. Ben S. Wu, Ph.D. serves as President at TM Technology, Inc and has been its Chief Executive Officer since February 27, 2016. Dr. Wu serves as Corporate Vice President and General Manager of SIP Busines...


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 5468?
Owner TypeNumber of SharesOwnership Percentage

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.8%.

Company Information

TM Technology, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: TM Technology, Inc.
  • Ticker: 5468
  • Exchange: TPEX
  • Founded: 1994
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: NT$646.604m
  • Shares outstanding: 35.82m
  • Website: https://www.tmtech.com.tw

Number of Employees


Location

  • TM Technology, Inc.
  • Hsinchu Science Park
  • No. 3, R&D Road 1
  • Hsinchu City
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5468TPEX (Taipei Exchange)YesCommon StockTWTWDJan 2001

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/04 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.