| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
6182 Stock Overview
Wafer Works Corporation engages in the research, design, development, manufacturing, trading, and distribution of semiconductor materials worldwide.
Wafer Works Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$58.60 |
| 52 Week High | NT$89.50 |
| 52 Week Low | NT$42.70 |
| Beta | 1.46 |
| 1 Month Change | 0.34% |
| 3 Month Change | -24.97% |
| 1 Year Change | 29.79% |
| 3 Year Change | 72.86% |
| 5 Year Change | 217.61% |
| Change since IPO | 395.90% |
Recent News & Updates
Shareholder Returns
| 6182 | TW Semiconductor | TW Market | |
|---|---|---|---|
| 7D | 1.0% | 1.1% | -0.8% |
| 1Y | 29.8% | -1.8% | 4.2% |
Return vs Industry: 6182 exceeded the TW Semiconductor industry which returned -1.8% over the past year.
Return vs Market: 6182 exceeded the TW Market which returned 4.2% over the past year.
Price Volatility
| 6182 volatility | |
|---|---|
| 6182 Average Weekly Movement | 7.0% |
| Semiconductor Industry Average Movement | 5.5% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in TW Market | 8.3% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 6182 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6182's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | Pat Chiao | https://www.waferworks.com |
Wafer Works Corporation engages in the research, design, development, manufacturing, trading, and distribution of semiconductor materials worldwide. The company offers polished silicon and epitaxial wafers, as well as single crystal ingots and doped silicon wafers used in semiconductor devices for power and digital applications. It is also involved in the research, design, development, manufacturing, trading, and processing of semiconductor wafers; and provision of technique transfer and consulting services.
Wafer Works Fundamentals Summary
| 6182 fundamental statistics | |
|---|---|
| Market Cap | NT$31.70b |
| Earnings (TTM) | NT$1.39b |
| Revenue (TTM) | NT$11.08b |
22.9x
P/E Ratio2.9x
P/S RatioIs 6182 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 6182 income statement (TTM) | |
|---|---|
| Revenue | NT$11.08b |
| Cost of Revenue | NT$6.78b |
| Gross Profit | NT$4.30b |
| Other Expenses | NT$2.92b |
| Earnings | NT$1.39b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.56 |
| Gross Margin | 38.82% |
| Net Profit Margin | 12.51% |
| Debt/Equity Ratio | 40.1% |
How did 6182 perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield51%
Payout RatioValuation
Is Wafer Works undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6182 (NT$60.1) is trading below our estimate of fair value (NT$281.46)
Significantly Below Fair Value: 6182 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6182 is poor value based on its PE Ratio (23.4x) compared to the TW Semiconductor industry average (14.2x).
PE vs Market: 6182 is poor value based on its PE Ratio (23.4x) compared to the TW market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: 6182 is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: 6182 is overvalued based on its PB Ratio (2.7x) compared to the TW Semiconductor industry average (2.4x).
Future Growth
How is Wafer Works forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
16.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6182's forecast earnings growth (16% per year) is above the savings rate (0.7%).
Earnings vs Market: 6182's earnings (16% per year) are forecast to grow faster than the TW market (6.9% per year).
High Growth Earnings: 6182's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6182's revenue (14.3% per year) is forecast to grow faster than the TW market (6.8% per year).
High Growth Revenue: 6182's revenue (14.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6182's Return on Equity is forecast to be low in 3 years time (16.6%).
Past Performance
How has Wafer Works performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
25.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6182 has high quality earnings.
Growing Profit Margin: 6182's current net profit margins (12.5%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: 6182 has become profitable over the past 5 years, growing earnings by 25% per year.
Accelerating Growth: 6182's earnings growth over the past year (144%) exceeds its 5-year average (25% per year).
Earnings vs Industry: 6182 earnings growth over the past year (144%) exceeded the Semiconductor industry 67.4%.
Return on Equity
High ROE: 6182's Return on Equity (11.5%) is considered low.
Financial Health
How is Wafer Works's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 6182's short term assets (NT$12.1B) exceed its short term liabilities (NT$5.0B).
Long Term Liabilities: 6182's short term assets (NT$12.1B) exceed its long term liabilities (NT$5.7B).
Debt to Equity History and Analysis
Debt Level: 6182's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 6182's debt to equity ratio has reduced from 82.8% to 40.1% over the past 5 years.
Debt Coverage: 6182's debt is well covered by operating cash flow (44.6%).
Interest Coverage: 6182's interest payments on its debt are well covered by EBIT (14.3x coverage).
Balance Sheet
Dividend
What is Wafer Works's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6182's dividend (2.25%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.39%).
High Dividend: 6182's dividend (2.25%) is low compared to the top 25% of dividend payers in the TW market (6.13%).
Stability and Growth of Payments
Stable Dividend: 6182's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6182's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), 6182's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.3%), 6182's dividend payments are not well covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Pat Chiao
3.92yrs
Tenure
Mr. Pat Chiao co-founded Wafer Works Corporation in 1997 and serves as its Chairman, President and Chief Executive Officer since June 27, 2018. Mr. Chiao established the Helitek Company in the US to sell s...
Leadership Team
Experienced Management: 6182's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: 6182's board of directors are considered experienced (3.9 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 been diluted in the past year, with total shares outstanding growing by 5.9%.
Top Shareholders
Company Information
Wafer Works Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Wafer Works Corporation
- Ticker: 6182
- Exchange: TPEX
- Founded: 1997
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: NT$31.699b
- Shares outstanding: 540.93m
- Website: https://www.waferworks.com
Number of Employees
Location
- Wafer Works Corporation
- No.1, Pingguo Road
- Yangmei District
- Taoyuan City
- 326014
- Taiwan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/16 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.