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Market Cap

NT$35.3b

Last Updated

2021/04/17 08:49 UTC

Data Sources

Company Financials

Executive Summary

RichWave Technology Corporation designs, develops, and sells radio frequency (RF) integrated circuits in Taiwan and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 4968 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 4968's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

-8.9%

4968

-0.5%

TW Semiconductor

1.4%

TW Market


1 Year Return

254.1%

4968

102.7%

TW Semiconductor

62.2%

TW Market

Return vs Industry: 4968 exceeded the TW Semiconductor industry which returned 114.4% over the past year.

Return vs Market: 4968 exceeded the TW Market which returned 64% over the past year.


Shareholder returns

4968IndustryMarket
7 Day-8.9%-0.5%1.4%
30 Day-5.5%3.3%5.8%
90 Day9.3%5.7%10.5%
1 Year256.6%254.1%107.9%102.7%67.8%62.2%
3 Year789.5%758.9%172.8%143.1%77.2%56.9%
5 Year970.1%912.2%343.1%268.1%141.8%98.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

40.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 4968 (NT$563) is trading above our estimate of fair value (NT$52.28)

Significantly Below Fair Value: 4968 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 4968 is poor value based on its PE Ratio (40.7x) compared to the TW Semiconductor industry average (28.5x).

PE vs Market: 4968 is poor value based on its PE Ratio (40.7x) compared to the TW market (20.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4968's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4968 is overvalued based on its PB Ratio (16.3x) compared to the TW Semiconductor industry average (2.8x).


Future Growth

How is RichWave Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RichWave Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has RichWave Technology performed over the past 5 years?

34.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4968 has a high level of non-cash earnings.

Growing Profit Margin: 4968's current net profit margins (16.2%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: 4968's earnings have grown significantly by 34.4% per year over the past 5 years.

Accelerating Growth: 4968's earnings growth over the past year (352.7%) exceeds its 5-year average (34.4% per year).

Earnings vs Industry: 4968 earnings growth over the past year (352.7%) exceeded the Semiconductor industry 27.5%.


Return on Equity

High ROE: 4968's Return on Equity (39.6%) is considered high.


Financial Health

How is RichWave Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 4968's short term assets (NT$3.4B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 4968's short term assets (NT$3.4B) exceed its long term liabilities (NT$20.9M).


Debt to Equity History and Analysis

Debt Level: 4968 is debt free.

Reducing Debt: 4968 had no debt 5 years ago.

Debt Coverage: 4968 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4968 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

0.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 4968's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 4968's dividend (0.71%) is low compared to the top 25% of dividend payers in the TW market (4.83%).


Stability and Growth of Payments

Stable Dividend: 4968 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.

Growing Dividend: 4968 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: 4968 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4968'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

Shi Qi Wang

no data

Tenure

Mr. Shi Qi Wang serves as General Manager and Director of RichWave Technology Corp.


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

RichWave Technology Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RichWave Technology Corporation
  • Ticker: 4968
  • Exchange: TSEC
  • Founded: 2004
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$35.275b
  • Shares outstanding: 63.19m
  • Website: https://www.richwave.com.tw

Number of Employees


Location

  • RichWave Technology Corporation
  • Tiding Boulevard
  • 6th Floor, Sec.2
  • Taipei
  • 114
  • Taiwan

Listings


Biography

RichWave Technology Corporation designs, develops, and sells radio frequency (RF) integrated circuits in Taiwan and internationally. The company offers a portfolio of RF front-end components for Wi-Fi, suc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 08:49
End of Day Share Price2021/04/16 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.