Phison Electronics Corp.

TPEX:8299 Stock Report

Market Cap: NT$529.6b

Phison Electronics Dividends and Buybacks

Dividend criteria checks 2/6

Phison Electronics is a dividend paying company with a current yield of 0.96% that is well covered by earnings.

Key information

1.0%

Dividend yield

-0.2%

Buyback Yield

Total Shareholder Yield0.8%
Future Dividend Yield4.4%
Dividend Growth5.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio55%

Recent dividend and buyback updates

Recent updates

Narrative Update May 04

8299: AI Memory Offload And EU Expansion Will Drive Future Upside

Analysts have kept their NT$3,000 price target for Phison Electronics unchanged, citing slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E to reflect their updated view of the company. What's in the News Phison Electronics plans to expand its Pascari portfolio offerings across the European Union, with the lineup to be showcased at CloudFest 2026 from March 24 to 26 in booth G25, alongside broader partner engagement, distribution alignment and regional investment (Key Developments).
Narrative Update Apr 18

8299: AI Memory Offload And Index Inclusion Will Drive Future Upside Potential

Analysts kept their fair value estimate for Phison Electronics steady at NT$3,000 while updating inputs such as discount rate, revenue growth, profit margin and future P/E to reflect recent research assumptions. What's in the News Phison plans to expand its Pascari portfolio across the European Union, with offerings to be showcased at CloudFest 2026 from March 24 to 26, 2026 in booth G25, alongside greater partner engagement, distribution alignment and regional investment (Key Developments).
Narrative Update Apr 04

8299: AI Memory Offload And Index Inclusion Will Drive Future Upside Potential

Analysts now set a fair value estimate of NT$3,000 for Phison Electronics, up from NT$2,600. This reflects updated assumptions that pair a slightly lower discount rate with changes to expected revenue growth, profit margin, and future P/E levels.
Narrative Update Mar 21

8299: Flash Based AI Memory Tiers Will Shape A More Balanced Outlook

Analysts have revised their price target for Phison Electronics from NT$445.01 to NT$1,800.00, citing updated assumptions for revenue growth, profit margins, discount rate, and a higher future P/E multiple. What's in the News Phison is showcasing its aiDAPTIV technology at NVIDIA GTC 2026, using Pascari SSDs to create a multi tier memory architecture that spreads AI workloads across GPU memory, system RAM and flash to support larger models and long context inference on local AI platforms.
Narrative Update Mar 07

8299: AI Memory Offload For Integrated GPUs Will Drive Future Upside Potential

Analysts have maintained their NT$2,600 price target for Phison Electronics, as a lower assumed future P/E of 12.67x is balanced against updated estimates for revenue growth of 90.44% and a profit margin of 13.17%, under a slightly higher discount rate of 9.29%. What's in the News Phison announced the E37T PCIe Gen5 controller, designed with a DRAM-less, 4-channel architecture aimed at compact M.2 form factors such as 2280, 2242 and 2230 for notebooks, handhelds and other small systems (Key Developments).
Narrative Update Feb 20

8299: AI Memory Offload For Integrated GPUs Will Drive Future Upside Potential

Analysts have kept their NT$2,600 price target for Phison Electronics steady, pointing to marginally higher modeled revenue growth and profit margins, partly offset by a slightly lower future P/E assumption and a modestly higher discount rate. What's in the News Phison expanded its aiDAPTIV+ technology to support integrated GPU architectures, aiming to accelerate AI inference, increase memory capacity, and simplify deployment for large AI models on notebook, desktop, and mini PC platforms.
Narrative Update Feb 06

8299: AI Memory Offload For Integrated GPUs Will Support Future Upside Potential

Analysts have lifted their fair value estimate for Phison Electronics from TWD 2,000 to TWD 2,600, citing updated assumptions for revenue growth, profit margins, and future P/E levels as key drivers behind the higher target. What's in the News Phison expanded its aiDAPTIV+ technology to support integrated GPU architectures, aiming to accelerate AI inference, increase effective memory capacity using NAND flash and simplify deployment for large AI models on notebooks, desktops and mini PCs. (Key Developments) The aiDAPTIV+ architecture is designed to use flash-based cache memory to handle large parameter models with lower DRAM requirements and to reuse stored tokens to improve inference response times and power consumption on everyday devices.
Narrative Update Jan 22

8299: AI Memory Offload And GPU Integration Will Shape Steady Future Prospects

Analysts have adjusted their price target for Phison Electronics to reflect a steady fair value of NT$2,000.00, along with slightly updated assumptions for discount rate, revenue growth, profit margin, and future P/E, which together indicate a modestly refined view of the stock's risk and earnings profile. What's in the News Phison expanded its aiDAPTIV+ technology to support integrated GPU architectures, aiming to increase AI inference speed, broaden effective memory capacity using NAND flash and make large model workloads more accessible on notebook, desktop and mini PC platforms, with demonstrations planned at CES 2026.
Narrative Update Jan 07

8299: AI Memory Offload Breakthrough Will Reshape Future Earnings Potential

Analysts have raised their price target on Phison Electronics from NT$710 to NT$2,000, citing updated assumptions for higher revenue growth, stronger profit margins, and a modestly higher future P/E multiple that together support a significantly higher fair value estimate. What's in the News Expanded aiDAPTIV+ capabilities aim to extend AI processing to integrated GPU architectures, using NAND flash as memory to support large-model AI on notebooks, desktops and mini PCs, with demonstrations planned at CES 2026 alongside partners such as Acer, Corsair, MSI, NVIDIA, ASUS and Emdoor (Key Developments).
Narrative Update Dec 15

8299: Rich AI Storage Rollout Will Sustain Pressure On Long Term Margins

Analysts have nudged their price target on Phison Electronics slightly higher from $977.40 to $998.40, citing marginally stronger long term profit margin expectations that more than offset a modest uptick in the assumed discount rate and a slightly lower projected revenue growth rate. What's in the News Launched next generation Pascari X201 and Pascari D201 PCIe Gen5 enterprise SSDs aimed at AI workloads from IT departments to hyperscalers and data centers, promising exceptional throughput, ultra low latency, and power efficient reliability for data intensive applications (Key Developments) Expanded Pascari enterprise SSD portfolio following the high capacity 122.88TB Pascari D205V E3.L drive, paving the way for future capacities up to 245TB to address rapidly growing storage needs in enterprise environments (Key Developments) Introduced enterprise SSDs with up to 14.5 GB/s read and 12 GB/s write speeds, up to 3300K / 1050K random read/write IOPS, capacities up to 30.72TB, and endurance options of 1 or 3 DWPD in U.2 and E3.S form factors, all using in house controller and firmware for predictable QoS and efficiency (Key Developments) Partnered with RedData to integrate Phison aiDAPTIV+ GPU memory extension technology into secure AI solutions for U.S. Federal classified programs, targeting affordable on premises AI infrastructure compliant with strict security and regulatory requirements (Key Developments) aiDAPTIV+ based solutions aim to cut GPU infrastructure costs and enable larger LLMs, supporting models up to 671B parameters, faster inference, and private deployment without reliance on commercial public clouds, with availability for U.S. Federal classified programs and demonstrations scheduled at NVIDIA GTC D.C. 2025 (Key Developments) Valuation Changes The fair value estimate has risen slightly from NT$977.4 to NT$998.4, reflecting a modestly more optimistic intrinsic valuation.
Narrative Update Dec 01

8299: Elevated Forward P/E Will Sustain Downward Pressure On Margins

Analysts have maintained their fair value estimate for Phison Electronics at NT$977.4. There have been minimal adjustments to key financial assumptions, reflecting continued confidence in the company's outlook despite minor changes in discount rate and forward price-to-earnings ratio. What's in the News Phison introduced next-generation PCIe Gen5 enterprise SSDs, the Pascari X201 and Pascari D201.
Narrative Update Nov 17

8299: Higher Costs And Increased Discount Rate Will Pressure Margins

Analysts have raised their price target for Phison Electronics from $829 to $977.40. They cite improved revenue growth expectations as a key driver behind the more optimistic valuation.
Narrative Update Nov 03

8299: Rising Competition And Elevated P/E Ratio Will Pressure Future Returns

Analysts have raised their price target for Phison Electronics from $705.30 to $829.00. They cite improved revenue growth projections and higher anticipated profit margins as key drivers of the upgraded valuation.
Narrative Update Oct 20

Next Generation Controllers And Storage Expansion Will Drive Demand

Analysts have raised their price target for Phison Electronics by NT$20 to NT$705.3, citing improved revenue growth forecasts, even though the projected profit margin is slightly lower. What's in the News RedData and Carahsoft Technology announced a strategic partnership with Phison to deliver "RedData Powered by Phison" SSDs. The offering provides secure, AI-ready storage solutions for both commercial and Government customers (Key Developments).
Narrative Update Oct 06

Next Generation Controllers And Storage Expansion Will Drive Demand

Analysts have raised their price target for Phison Electronics from $641.10 to $685.30. They cite stronger revenue growth forecasts, despite a slightly higher discount rate and relatively stable profit margins.
Narrative Update Sep 21

Next Generation Controllers And Storage Expansion Will Drive Demand

The upward revision in Phison Electronics' analyst price target reflects marginal improvements in both future P/E and revenue growth forecasts, raising the fair value estimate from NT$603.44 to NT$641.10. What's in the News Phison partnered with RedData and Carahsoft to offer "RedData Powered by Phison" SSDs, targeting commercial and government markets with high-performance, secure, AI-ready storage including NSA CSfC-ready solutions and support services.
Narrative Update Sep 06

Next Generation Controllers And Storage Expansion Will Drive Demand

With both the discount rate and future P/E essentially unchanged, Phison Electronics’ consensus analyst price target has also remained steady at NT$603.44. What's in the News Phison formed a strategic partnership with RedData and Carahsoft, enabling RedData to offer "RedData Powered by Phison" SSDs optimized for AI workloads, security, and Government-grade CSfC-compliant products, targeting commercial and government markets with enhanced storage solutions.
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New Narrative Feb 09

Declining NAND Prices Will Pressure Profitability In The Near Term

Phison's strategic shift to enterprise and automotive sectors may raise R&D expenses, impacting margins if market growth lags.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 8299's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8299's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Phison Electronics Dividend Yield vs Market
How does 8299 dividend yield compare to the market?
SegmentDividend Yield
Company (8299)1.0%
Market Bottom 25% (TW)1.5%
Market Top 25% (TW)5.0%
Industry Average (Semiconductor)1.1%
Analyst forecast (8299) (up to 3 years)4.4%

Notable Dividend: 8299's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.48%).

High Dividend: 8299's dividend (0.96%) is low compared to the top 25% of dividend payers in the TW market (5%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.3%), 8299's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 8299 is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 19:46
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Phison Electronics Corp. is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sebastian HouBarclays
Dong-je WooBofA Global Research
Liyen ChenCapital Securities Corporation