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5483

Sino-American Silicon ProductsTPEX:5483 Stock Report

Market Cap

NT$124.3b

7D

3.4%

1Y

37.2%

Updated

06 Dec, 2021

Data

Company Financials +
5483 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance3/6
Financial Health5/6
Dividends5/6

5483 Stock Overview

Sino-American Silicon Products Inc. researches, develops, designs, manufactures, trades, and sells semiconductor ingots and wafers, varistors, optoelectronics, and communication wafer materials.

Sino-American Silicon Products Competitors

Wacker Chemie

XTRA:WCH

€6.9b

OCI

KOSE:A010060

₩2.6t

REC Silicon

OB:RECSI

kr7.2b

Price History & Performance

Summary of all time highs, changes and price drops for Sino-American Silicon Products
Historical stock prices
Current Share PriceNT$212.00
52 Week HighNT$225.00
52 Week LowNT$140.00
Beta1.74
1 Month Change9.84%
3 Month Change12.17%
1 Year Change37.22%
3 Year Change204.60%
5 Year Change600.83%
Change since IPO2,856.44%

Recent News & Updates

Shareholder Returns

5483TW SemiconductorTW Market
7D3.4%2.2%2.1%
1Y37.2%26.2%24.9%

Return vs Industry: 5483 exceeded the TW Semiconductor industry which returned 29.5% over the past year.

Return vs Market: 5483 exceeded the TW Market which returned 25.8% over the past year.

Price Volatility

Is 5483's price volatile compared to industry and market?
5483 volatility
5483 Average Weekly Movement5.0%
Semiconductor Industry Average Movement6.6%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.5%
10% least volatile stocks in TW Market1.9%

Stable Share Price: 5483 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 5483's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/aDoris Hsuhttps://www.saswafer.com

Sino-American Silicon Products Inc. researches, develops, designs, manufactures, trades, and sells semiconductor ingots and wafers, varistors, optoelectronics, and communication wafer materials. It provides CZ/FZ/NTD silicon ingots, Epi wafers, polished wafers, antimony-doped wafers, etched wafers, TVS wafers, arsenic-doped wafers, ultra-thin wafers, deep diffusion wafers, solar ingot and wafers, cells, modules, and sapphire wafers. The company also investment activities; and solar power generation business.

Sino-American Silicon Products Fundamentals Summary

How do Sino-American Silicon Products's earnings and revenue compare to its market cap?
5483 fundamental statistics
Market CapNT$124.28b
Earnings (TTM)NT$7.16b
Revenue (TTM)NT$66.46b

17.4x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5483 income statement (TTM)
RevenueNT$66.46b
Cost of RevenueNT$42.97b
Gross ProfitNT$23.49b
ExpensesNT$16.33b
EarningsNT$7.16b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)12.22
Gross Margin35.34%
Net Profit Margin10.78%
Debt/Equity Ratio102.1%

How did 5483 perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

45%

Payout Ratio

Valuation

Is Sino-American Silicon Products undervalued compared to its fair value and its price relative to the market?

44.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 5483 (NT$212) is trading below our estimate of fair value (NT$382.12)

Significantly Below Fair Value: 5483 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5483 is good value based on its PE Ratio (17.4x) compared to the TW Semiconductor industry average (21.3x).

PE vs Market: 5483 is poor value based on its PE Ratio (17.4x) compared to the TW market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: 5483 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: 5483 is overvalued based on its PB Ratio (4.3x) compared to the TW Semiconductor industry average (3.1x).


Future Growth

How is Sino-American Silicon Products forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

25.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5483's forecast earnings growth (25.6% per year) is above the savings rate (0.8%).

Earnings vs Market: 5483's earnings (25.6% per year) are forecast to grow faster than the TW market (9.3% per year).

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

Revenue vs Market: 5483's revenue (24.1% per year) is forecast to grow faster than the TW market (9.7% per year).

High Growth Revenue: 5483's revenue (24.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5483's Return on Equity is forecast to be high in 3 years time (35.5%)


Past Performance

How has Sino-American Silicon Products performed over the past 5 years?

56.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5483 has high quality earnings.

Growing Profit Margin: 5483's current net profit margins (10.8%) are higher than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: 5483 has become profitable over the past 5 years, growing earnings by 56.5% per year.

Accelerating Growth: 5483's earnings growth over the past year (26.6%) is below its 5-year average (56.5% per year).

Earnings vs Industry: 5483 earnings growth over the past year (26.6%) underperformed the Semiconductor industry 66.2%.


Return on Equity

High ROE: Whilst 5483's Return on Equity (25.44%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Sino-American Silicon Products's financial position?


Financial Position Analysis

Short Term Liabilities: 5483's short term assets (NT$83.7B) exceed its short term liabilities (NT$28.4B).

Long Term Liabilities: 5483's short term assets (NT$83.7B) exceed its long term liabilities (NT$74.1B).


Debt to Equity History and Analysis

Debt Level: 5483 has more cash than its total debt.

Reducing Debt: 5483's debt to equity ratio has increased from 38.3% to 102.1% over the past 5 years.

Debt Coverage: 5483's debt is well covered by operating cash flow (43.3%).

Interest Coverage: 5483 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sino-American Silicon Products's current dividend yield, its reliability and sustainability?

5.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5483's dividend (5.19%) is higher than the bottom 25% of dividend payers in the TW market (1.83%).

High Dividend: 5483's dividend (5.19%) is in the top 25% of dividend payers in the TW market (5.12%)


Stability and Growth of Payments

Stable Dividend: 5483's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5483's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45%), 5483's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 5483's dividends in 3 years are forecast to be covered by earnings (69.3% payout ratio).


Next Steps

Management

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

4.0yrs

Average management tenure


CEO

Doris Hsu (60 yo)

1.5yrs

Tenure

NT$60,000

Compensation

Ms. Hisu-Lan Hsu, also known as Doris, serves as the Chairman and Chief Executive Officer of Sino-American Silicon Products Inc. since June 24, 2020. She serves as Chairperson of GlobalWafers Co., Ltd. and...


Leadership Team

Experienced Management: 5483's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: 5483's board of directors are considered experienced (3 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

Sino-American Silicon Products Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sino-American Silicon Products Inc.
  • Ticker: 5483
  • Exchange: TPEX
  • Founded: 1981
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: NT$124.279b
  • Shares outstanding: 586.22m
  • Website: https://www.saswafer.com

Location

  • Sino-American Silicon Products Inc.
  • No. 8. Industrial East Road 2
  • 4th Floor
  • Hsinchu City
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 15:36
End of Day Share Price2021/12/06 00:00
Earnings2021/09/30
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.