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Market Cap

NT$53.5b

Last Updated

2021/04/14 08:34 UTC

Data Sources

Company Financials +

Executive Summary

Global Unichip Corp. engages in the research, development, production, testing, and sale of embedded memory components, logic, and analog components for various application ICs. More Details

Rewards

Earnings are forecast to grow 37.76% per year

Earnings grew by 34.3% over the past year

Risk Analysis

No risks detected for 3443 from our risk checks.


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Global Unichip's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3443 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 3443's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.7%

3443

-0.7%

TW Semiconductor

0.7%

TW Market


1 Year Return

69.1%

3443

112.4%

TW Semiconductor

63.5%

TW Market

Return vs Industry: 3443 underperformed the TW Semiconductor industry which returned 112.4% over the past year.

Return vs Market: 3443 exceeded the TW Market which returned 63.5% over the past year.


Shareholder returns

3443IndustryMarket
7 Day-2.7%-0.7%0.7%
30 Day-4.0%1.7%4.2%
90 Day-5.5%3.7%7.7%
1 Year72.9%69.1%117.8%112.4%69.1%63.5%
3 Year58.2%48.4%163.6%135.0%73.3%53.6%
5 Year484.8%409.6%332.2%259.1%133.7%92.2%

Long-Term Price Volatility Vs. Market

How volatile is Global Unichip's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Global Unichip undervalued compared to its fair value and its price relative to the market?

63.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 3443 (NT$400) is trading above our estimate of fair value (NT$349.25)

Significantly Below Fair Value: 3443 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3443 is poor value based on its PE Ratio (63.1x) compared to the TW Semiconductor industry average (29x).

PE vs Market: 3443 is poor value based on its PE Ratio (63.1x) compared to the TW market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: 3443 is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: 3443 is overvalued based on its PB Ratio (11.9x) compared to the TW Semiconductor industry average (2.9x).


Future Growth

How is Global Unichip forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

37.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3443's forecast earnings growth (37.8% per year) is above the savings rate (0.8%).

Earnings vs Market: 3443's earnings (37.8% per year) are forecast to grow faster than the TW market (16.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3443's revenue (15.6% per year) is forecast to grow faster than the TW market (10.1% per year).

High Growth Revenue: 3443's revenue (15.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3443's Return on Equity is forecast to be high in 3 years time (33.5%)


Past Performance

How has Global Unichip performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3443 has high quality earnings.

Growing Profit Margin: 3443's current net profit margins (6.3%) are higher than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: 3443's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: 3443's earnings growth over the past year (34.3%) exceeds its 5-year average (4.6% per year).

Earnings vs Industry: 3443 earnings growth over the past year (34.3%) exceeded the Semiconductor industry 27.5%.


Return on Equity

High ROE: 3443's Return on Equity (18.9%) is considered low.


Financial Health

How is Global Unichip's financial position?


Financial Position Analysis

Short Term Liabilities: 3443's short term assets (NT$8.2B) exceed its short term liabilities (NT$4.9B).

Long Term Liabilities: 3443's short term assets (NT$8.2B) exceed its long term liabilities (NT$366.7M).


Debt to Equity History and Analysis

Debt Level: 3443 is debt free.

Reducing Debt: 3443 has not had any debt for past 5 years.

Debt Coverage: 3443 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3443 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Global Unichip current dividend yield, its reliability and sustainability?

1.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3443's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2%).

High Dividend: 3443's dividend (1.25%) is low compared to the top 25% of dividend payers in the TW market (4.78%).


Stability and Growth of Payments

Stable Dividend: 3443's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3443's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (78.8%), 3443's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3443's dividends in 3 years are forecast to be covered by earnings (70% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Ken Chen

4.58yrs

Tenure

Dr. Ken Chen has been President of Global UniChip Corp. since September 1, 2016 and serves as its Director. Ken Chen serves as Senior Director of TSMC. Dr. Chen has broad range of global semiconductor expe...


Leadership Team

Experienced Management: 3443's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: 3443's board of directors are seasoned and experienced ( 10.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Global Unichip Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Unichip Corp.
  • Ticker: 3443
  • Exchange: TSEC
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$53.537b
  • Shares outstanding: 134.01m
  • Website: https://www.globalunichip.com

Number of Employees


Location

  • Global Unichip Corp.
  • No. 10, Li-Hsin 6th Road
  • Hsinchu Science Park
  • Hsinchu City
  • 30078
  • Taiwan

Listings


Biography

Global Unichip Corp. engages in the research, development, production, testing, and sale of embedded memory components, logic, and analog components for various application ICs. The company offers designin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/14 08:34
End of Day Share Price2021/04/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.