Harvatek Corporation designs, manufactures, tests, exports, and sells semiconductor chips and LEDs in Taiwan and internationally. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Harvatek's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6168 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 6168's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6168 underperformed the TW Semiconductor industry which returned 118.9% over the past year.
Return vs Market: 6168 exceeded the TW Market which returned 67.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Harvatek's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHarvatek Corporation's (TPE:6168) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
1 month ago | Simply Wall StHarvatek (TPE:6168) Could Easily Take On More Debt
2 months ago | Simply Wall StHarvatek (TPE:6168) Shareholders Booked A 39% Gain In The Last Year
Is Harvatek 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: 6168 (NT$21.5) is trading above our estimate of fair value (NT$11.84)
Significantly Below Fair Value: 6168 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6168 is poor value based on its PE Ratio (30.9x) compared to the TW Semiconductor industry average (29.2x).
PE vs Market: 6168 is poor value based on its PE Ratio (30.9x) compared to the TW market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6168's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6168 is good value based on its PB Ratio (1.5x) compared to the TW Semiconductor industry average (2.9x).
How is Harvatek 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 Harvatek 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 Harvatek performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6168 has high quality earnings.
Growing Profit Margin: 6168's current net profit margins (5.7%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 6168 has become profitable over the past 5 years, growing earnings by 26.9% per year.
Accelerating Growth: 6168's earnings growth over the past year (863.4%) exceeds its 5-year average (26.9% per year).
Earnings vs Industry: 6168 earnings growth over the past year (863.4%) exceeded the Semiconductor industry 27.5%.
Return on Equity
High ROE: 6168's Return on Equity (4.8%) is considered low.
How is Harvatek's financial position?
Financial Position Analysis
Short Term Liabilities: 6168's short term assets (NT$2.6B) exceed its short term liabilities (NT$948.7M).
Long Term Liabilities: 6168's short term assets (NT$2.6B) exceed its long term liabilities (NT$88.0M).
Debt to Equity History and Analysis
Debt Level: 6168's debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 6168's debt to equity ratio has reduced from 33.1% to 10.7% over the past 5 years.
Debt Coverage: 6168's debt is well covered by operating cash flow (134.4%).
Interest Coverage: 6168 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Harvatek current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6168's dividend (3.26%) is higher than the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 6168's dividend (3.26%) is low compared to the top 25% of dividend payers in the TW market (4.78%).
Stability and Growth of Payments
Stable Dividend: 6168 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6168's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.4%), 6168's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Binglong Wang serves as President and Chairman of Harvatek Corporation and served as its Manager. Mr. Wang served as a Manager of Unimcron and UMC Group. He serves as the Chairman of the Board at Young...
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.
Harvatek Corporation's company bio, employee growth, exchange listings and data sources
- Name: Harvatek Corporation
- Ticker: 6168
- Exchange: TSEC
- Founded: 1995
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$4.422b
- Shares outstanding: 205.68m
- Website: https://www.harvatek.com
- Harvatek Corporation
- No.18, Chung Hwa Road
- Lane 522
- Hsinchu City
Harvatek Corporation designs, manufactures, tests, exports, and sells semiconductor chips and LEDs in Taiwan and internationally. The company provides visible LED products, such as PCB, lead frame, COX, la...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 08:32|
|End of Day Share Price||2021/04/14 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.