GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, and manufactures, semiconductor ingots and wafers in Taiwan and internationally. More Details
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has GlobalWafers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6488 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 6488's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6488 exceeded the TW Semiconductor industry which returned 89.2% over the past year.
Return vs Market: 6488 exceeded the TW Market which returned 49% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is GlobalWafers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StGlobalWafers (GTSM:6488) Has A Pretty Healthy Balance Sheet
2 months ago | Simply Wall StGlobalWafers Co., Ltd.'s (GTSM:6488) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
2 months ago | Simply Wall StWe Like GlobalWafers' (GTSM:6488) Returns And Here's How They're Trending
Is GlobalWafers 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: 6488 (NT$856) is trading below our estimate of fair value (NT$1547.47)
Significantly Below Fair Value: 6488 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6488 is poor value based on its PE Ratio (28.9x) compared to the TW Semiconductor industry average (22.8x).
PE vs Market: 6488 is poor value based on its PE Ratio (28.9x) compared to the TW market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: 6488 is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 6488 is overvalued based on its PB Ratio (8.3x) compared to the TW Semiconductor industry average (2.7x).
How is GlobalWafers forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6488's forecast earnings growth (28.7% per year) is above the savings rate (0.8%).
Earnings vs Market: 6488's earnings (28.7% per year) are forecast to grow faster than the TW market (9.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6488's revenue (20.7% per year) is forecast to grow faster than the TW market (9.3% per year).
High Growth Revenue: 6488's revenue (20.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6488's Return on Equity is forecast to be high in 3 years time (33.8%)
How has GlobalWafers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6488 has high quality earnings.
Growing Profit Margin: 6488's current net profit margins (22.8%) are higher than last year (22.6%).
Past Earnings Growth Analysis
Earnings Trend: 6488's earnings have grown significantly by 36.1% per year over the past 5 years.
Accelerating Growth: 6488's earnings growth over the past year (2%) is below its 5-year average (36.1% per year).
Earnings vs Industry: 6488 earnings growth over the past year (2%) underperformed the Semiconductor industry 42.6%.
Return on Equity
High ROE: 6488's Return on Equity (28.9%) is considered high.
How is GlobalWafers's financial position?
Financial Position Analysis
Short Term Liabilities: 6488's short term assets (NT$34.5B) exceed its short term liabilities (NT$32.4B).
Long Term Liabilities: 6488's short term assets (NT$34.5B) exceed its long term liabilities (NT$19.4B).
Debt to Equity History and Analysis
Debt Level: 6488's debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: 6488's debt to equity ratio has increased from 4% to 34.5% over the past 5 years.
Debt Coverage: 6488's debt is well covered by operating cash flow (102.7%).
Interest Coverage: 6488 earns more interest than it pays, so coverage of interest payments is not a concern.
What is GlobalWafers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 6488's dividend (2.34%) is higher than the bottom 25% of dividend payers in the TW market (2.03%).
High Dividend: 6488's dividend (2.34%) is low compared to the top 25% of dividend payers in the TW market (5.02%).
Stability and Growth of Payments
Stable Dividend: 6488 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6488's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.7%), 6488's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6488's dividends in 3 years are forecast to be covered by earnings (59.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Doris Hsu (60 yo)
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...
Experienced Board: 6488's board of directors are considered experienced (6.8 years average tenure).
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.
GlobalWafers Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: GlobalWafers Co., Ltd.
- Ticker: 6488
- Exchange: TPEX
- Founded: 2011
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: NT$385.185b
- Shares outstanding: 435.24m
- Website: https://www.sas-globalwafers.com
- GlobalWafers Co., Ltd.
- Science-Based Industrial Park
- No.8, Industrial East Road 2
- Hsinchu City
GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, and manufactures, semiconductor ingots and wafers in Taiwan and internationally. It offers silicon wafer and ingots; a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 16:48|
|End of Day Share Price||2021/06/17 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.