RichWave Technology Corporation designs, develops, and sells radio frequency (RF) integrated circuits in Taiwan and internationally. More Details
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.
7 Day Return
1 Year Return
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.
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
3 weeks ago | Simply Wall StDid You Participate In Any Of RichWave Technology's (TPE:4968) Incredible 930% Return?
1 month ago | Simply Wall StWill RichWave Technology (TPE:4968) Repeat Its Return Growth Of The Past?
Is RichWave Technology 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: 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).
How is RichWave Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has RichWave Technology performed over the past 5 years?
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.
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.
What is RichWave Technology current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Shi Qi Wang
Mr. Shi Qi Wang serves as General Manager and Director of RichWave Technology Corp.
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.
RichWave Technology Corporation's company bio, employee growth, exchange listings and data sources
- 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
- RichWave Technology Corporation
- Tiding Boulevard
- 6th Floor, Sec.2
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 08:49|
|End of Day Share Price||2021/04/16 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.