MediaTek Inc. researches, develops, produces, and markets integrated circuits (ICs) worldwide.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has MediaTek's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2454's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2454 exceeded the TW Semiconductor industry which returned 35.8% over the past year.
Return vs Market: 2454 exceeded the TW Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is MediaTek's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Does MediaTek's (TPE:2454) P/E Compare To Its Industry, After Its Big Share Price Gain?
2 weeks ago | Simply Wall StShareholders Should Look Hard At MediaTek Inc.’s (TPE:2454) 7.3%Return On Capital
3 weeks ago | Simply Wall StShould We Worry About MediaTek Inc.'s (TPE:2454) P/E Ratio?
Is MediaTek undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2454 (NT$494) is trading above our estimate of fair value (NT$375.12)
Significantly Below Fair Value: 2454 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2454 is poor value based on its PE Ratio (30.6x) compared to the Semiconductor industry average (19.9x).
PE vs Market: 2454 is poor value based on its PE Ratio (30.6x) compared to the TW market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: 2454 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 2454 is overvalued based on its PB Ratio (2.4x) compared to the TW Semiconductor industry average (1.6x).
How is MediaTek forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2454's forecast earnings growth (21.2% per year) is above the savings rate (0.9%).
Earnings vs Market: 2454's earnings (21.2% per year) are forecast to grow faster than the TW market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2454's revenue (13.7% per year) is forecast to grow faster than the TW market (7.4% per year).
High Growth Revenue: 2454's revenue (13.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2454's Return on Equity is forecast to be low in 3 years time (11.7%).
How has MediaTek performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2454 has high quality earnings.
Growing Profit Margin: 2454's current net profit margins (10%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: 2454's earnings have declined by -9.2% per year over the past 5 years.
Accelerating Growth: 2454's earnings growth over the past year (17.1%) exceeds its 5-year average (-9.2% per year).
Earnings vs Industry: 2454 earnings growth over the past year (17.1%) exceeded the Semiconductor industry -4.7%.
Return on Equity
High ROE: 2454's Return on Equity (7.8%) is considered low.
How is MediaTek's financial position?
Financial Position Analysis
Short Term Liabilities: 2454's short term assets (NT$265.3B) exceed its short term liabilities (NT$124.4B).
Long Term Liabilities: 2454's short term assets (NT$265.3B) exceed its long term liabilities (NT$14.9B).
Debt to Equity History and Analysis
Debt Level: 2454's debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 2454's debt to equity ratio has reduced from 20.2% to 15.9% over the past 5 years.
Debt Coverage: 2454's debt is well covered by operating cash flow (81.9%).
Interest Coverage: 2454 earns more interest than it pays, so coverage of interest payments is not a concern.
What is MediaTek's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2454's dividend (2.13%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.46%).
High Dividend: 2454's dividend (2.13%) is low compared to the top 25% of dividend payers in the TW market (5.48%).
Stability and Growth of Payments
Stable Dividend: 2454's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2454's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65%), 2454's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2454's dividends in 3 years are forecast to be covered by earnings (65.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rick Tsai (68yo)
Dr. Lih Shyng L. Tsai, also known as Rick, Ph.D. has been Chief Executive Officer of MediaTek Inc. since February 1, 2018 and served as its Co-Chief Executive Officer from July 1, 2017 to February 1, 2018. ...
|CEO & Director||2.33yrs||NT$3.57m||0.019% NT$146.4m|
|President & COO||2.5yrs||no data||0.018% NT$144.3m|
|Corporate Executive VP||8.5yrs||no data||0.011% NT$83.8m|
|Corporate Executive VP & CTO||9.08yrs||no data||no data|
|Deputy Director of Investor & Analyst Relations Division||no data||no data||no data|
|Corporate Governance Officer||3.58yrs||no data||0.0045% NT$35.4m|
|Corporate VP & CHRO||4yrs||no data||0.0053% NT$41.5m|
|Chief Representative of Mainland China Operation||11.92yrs||no data||no data|
|Corporate Executive Vice President||no data||no data||0.067% NT$525.5m|
|Corporate Senior Vice President||no data||no data||no data|
Experienced Management: 2454's management team is considered experienced (4 years average tenure).
|CEO & Director||2.33yrs||NT$3.57m||0.019% NT$146.4m|
|Independent Director||8yrs||NT$7.66m||no data|
|Independent Director||3yrs||NT$7.16m||no data|
|Vice Chairman||14.75yrs||NT$3.57m||0.32% NT$2.5b|
|Independent Director||8yrs||NT$7.66m||0.059% NT$465.9m|
Experienced Board: 2454's board of directors are considered experienced (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.
MediaTek Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MediaTek Inc.
- Ticker: 2454
- Exchange: TSEC
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$784.828b
- Shares outstanding: 1.59b
- Website: https://www.mediatek.com
Number of Employees
- MediaTek Inc.
- No. 1, Dusing 1st Road
- Hsinchu Science Park
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2454||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Jul 2001|
|MDTK.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jul 2001|
MediaTek Inc. researches, develops, produces, and markets integrated circuits (ICs) worldwide. It provides multimedia, computer peripherals oriented, consumer-oriented, and other application ICs. The company offers products for smartphones, such as MediaTek Helio chipsets; octa-core and quad-core system-on-chips (SoC); 32-bit chipsets; and SOCs for Google Mobile Service Express. It also provides tablet chipsets that are used in enterprise systems; streaming and traditional audio products for connected audio systems, sound bars, and other applications; chipsets for ultra high definition 4K Blu-ray, Blu-ray and DVD players, and set top boxes; multi-core smart TV SoCs and chipset for digital TVs; and products for optical disk drives. In addition, the company offers home networking and broadband Wi-Fi products, which are used in PCs, broadband gateways, digital TVs, Blu-ray players, IPTV set-top boxes, and Web cams; and automotive solutions, such as mmWave radar sensors, telematics solutions, vision advanced driver systems, and in-vehicle infotainment systems. Further, it provides chipsets for location intelligence, wearable products, smart home solutions, and machine to machine applications; Narrow-Band Internet of Things (IoT), a 3GPP standardized cellular based low power wide area technology; and IoT microcontroller for Internet connected devices. Additionally, the company is involved in the provision of software and hardware design, development, test, maintenance and repair, and technological consultation services; import and export of its products; sale and delegation of patents and circuit layout rights for its products; and investment activity. It also provides research, marketing, management, and technology services. MediaTek Inc. has collaboration agreements Oppo, Vivo, Skyworks, Qorvo, and Murata to deliver a standards-based 5G solution. The company was founded in 1997 and is headquartered in Hsinchu, Taiwan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 15:28|
|End of Day Share Price||2020/06/05 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.