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Fitipower Integrated Technology

Market Cap

NT$60.9b

Last Updated

2021/04/11 08:37 UTC

Data Sources

Company Financials +

Executive Summary

Fitipower Integrated Technology Inc. research, design, and development of LCD driver ICs and analogs, and digital and mixed-signal power management ICs in Taiwan. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Fitipower Integrated Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4961 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 4961's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

22.0%

4961

2.3%

TW Semiconductor

1.9%

TW Market


1 Year Return

1,326.1%

4961

120.1%

TW Semiconductor

66.4%

TW Market

Return vs Industry: 4961 exceeded the TW Semiconductor industry which returned 120.1% over the past year.

Return vs Market: 4961 exceeded the TW Market which returned 66.4% over the past year.


Shareholder returns

4961IndustryMarket
7 Day22.0%2.3%1.9%
30 Day72.5%3.1%4.3%
90 Day158.1%8.5%9.2%
1 Year1,371.8%1,326.1%125.8%120.1%72.2%66.4%
3 Year1,477.9%1,366.0%161.4%133.1%71.1%51.6%
5 Year1,115.7%950.4%334.1%260.7%132.3%91.0%

Long-Term Price Volatility Vs. Market

How volatile is Fitipower Integrated Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fitipower Integrated Technology undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4961 (NT$366.5) is trading below our estimate of fair value (NT$1716.7)

Significantly Below Fair Value: 4961 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4961 is poor value based on its PE Ratio (90x) compared to the TW Semiconductor industry average (30.2x).

PE vs Market: 4961 is poor value based on its PE Ratio (90x) compared to the TW market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4961's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4961 is overvalued based on its PB Ratio (11.5x) compared to the TW Semiconductor industry average (2.9x).


Future Growth

How is Fitipower Integrated Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

15.1%

Forecasted Semiconductors industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 4961's forecast earnings growth is above the savings rate (0.8%).

Earnings vs Market: Insufficient data to determine if 4961's earnings are forecast to grow faster than the TW market

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

Revenue vs Market: Insufficient data to determine if 4961's revenue is forecast to grow faster than the TW market.

High Growth Revenue: Insufficient data to determine if 4961's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 4961's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Fitipower Integrated Technology performed over the past 5 years?

6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4961 has high quality earnings.

Growing Profit Margin: 4961's current net profit margins (6.1%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: 4961's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: 4961's earnings growth over the past year (115.9%) exceeds its 5-year average (6.8% per year).

Earnings vs Industry: 4961 earnings growth over the past year (115.9%) exceeded the Semiconductor industry 27.5%.


Return on Equity

High ROE: 4961's Return on Equity (11.7%) is considered low.


Financial Health

How is Fitipower Integrated Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 4961's short term assets (NT$8.5B) exceed its short term liabilities (NT$2.8B).

Long Term Liabilities: 4961's short term assets (NT$8.5B) exceed its long term liabilities (NT$165.8M).


Debt to Equity History and Analysis

Debt Level: 4961 is debt free.

Reducing Debt: 4961 has no debt compared to 5 years ago when its debt to equity ratio was 16.1%.

Debt Coverage: 4961 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4961 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fitipower Integrated Technology current dividend yield, its reliability and sustainability?

0.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 4961's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.99%).

High Dividend: 4961's dividend (0.27%) is low compared to the top 25% of dividend payers in the TW market (4.8%).


Stability and Growth of Payments

Stable Dividend: 4961 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.

Growing Dividend: 4961 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 4961 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4961's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

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


CEO

Fitipower Integrated Technology has no CEO, or we have no data on them.


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

Fitipower Integrated Technology Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fitipower Integrated Technology Inc.
  • Ticker: 4961
  • Exchange: TSEC
  • Founded: 1995
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$60.919b
  • Shares outstanding: 166.22m
  • Website: https://www.fitipower.com

Number of Employees


Location

  • Fitipower Integrated Technology Inc.
  • Hsinchu Science Park
  • 3rd Floor
  • Hsinchu City
  • 30078
  • Taiwan

Listings


Biography

Fitipower Integrated Technology Inc. research, design, and development of LCD driver ICs and analogs, and digital and mixed-signal power management ICs in Taiwan. Its power management products comprise buc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:37
End of Day Share Price2021/04/09 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.