Princeton Technology Corporation operates as a fabless IC design company in Taiwan. More Details
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Princeton Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6129 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: 6129's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of TW stocks.
7 Day Return
1 Year Return
Return vs Industry: 6129 exceeded the TW Semiconductor industry which returned 99.2% over the past year.
Return vs Market: 6129 exceeded the TW Market which returned 57.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Princeton Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHealth Check: How Prudently Does Princeton Technology (GTSM:6129) Use Debt?
1 month ago | Simply Wall StIntroducing Princeton Technology (GTSM:6129), The Stock That Soared 300% In The Last Year
3 months ago | Simply Wall StIs Princeton Technology (GTSM:6129) Using Debt In A Risky Way?
Is Princeton Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6129 (NT$32.3) is trading below our estimate of fair value (NT$40.94)
Significantly Below Fair Value: 6129 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6129 is unprofitable, so we can't compare its PE Ratio to the TW Semiconductor industry average.
PE vs Market: 6129 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6129's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6129 is overvalued based on its PB Ratio (3.4x) compared to the TW Semiconductor industry average (2.7x).
How is Princeton Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Princeton 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.
How has Princeton Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6129 is currently unprofitable.
Growing Profit Margin: 6129 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6129 is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.
Accelerating Growth: Unable to compare 6129's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6129 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (29.8%).
Return on Equity
High ROE: 6129 has a negative Return on Equity (-3.19%), as it is currently unprofitable.
How is Princeton Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6129's short term assets (NT$1.4B) exceed its short term liabilities (NT$312.6M).
Long Term Liabilities: 6129's short term assets (NT$1.4B) exceed its long term liabilities (NT$32.8M).
Debt to Equity History and Analysis
Debt Level: 6129's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 6129's debt to equity ratio has increased from 0.1% to 7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6129 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6129 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.9% per year.
What is Princeton Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6129's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6129'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 6129's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6129's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 6129 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6129's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Richard Chiang is a Founder of Triton Management Co. Mr. Chiang has been President of Princeton Technology Corporation since July 19, 2017. He serves as the Chairman of Princeton Technology Corp. and U...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Princeton Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: Princeton Technology Corporation
- Ticker: 6129
- Exchange: TPEX
- Founded: 1986
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$5.844b
- Shares outstanding: 180.94m
- Website: https://www.princeton.com.tw
Number of Employees
- Princeton Technology Corporation
- No. 233-1, Baociao Road
- 2nd Floor
- New Taipei City
Princeton Technology Corporation operates as a fabless IC design company in Taiwan. It provides IC technology for energy-saving solutions, including a series of energy-saving ballast driver ICs, LED lighti...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 17:27|
|End of Day Share Price||2021/05/07 00:00|
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.