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Market Cap

NT$21.5b

Last Updated

2021/04/14 08:36 UTC

Data Sources

Company Financials +

Executive Summary

Holtek Semiconductor Inc. researches, develops, produces, manufactures, and sells integrated circuits. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Holtek Semiconductor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6202 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 6202's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

6202

-0.7%

TW Semiconductor

0.7%

TW Market


1 Year Return

41.0%

6202

112.4%

TW Semiconductor

63.5%

TW Market

Return vs Industry: 6202 underperformed the TW Semiconductor industry which returned 118.9% over the past year.

Return vs Market: 6202 underperformed the TW Market which returned 67.5% over the past year.


Shareholder returns

6202IndustryMarket
7 Day-2.4%-0.7%0.7%
30 Day5.5%1.7%4.2%
90 Day27.3%3.7%7.7%
1 Year49.4%41.0%117.8%112.4%69.1%63.5%
3 Year58.7%32.6%163.6%135.0%73.3%53.6%
5 Year143.6%78.8%332.2%259.1%133.7%92.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Holtek Semiconductor undervalued compared to its fair value and its price relative to the market?

18.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6202 (NT$94.9) is trading below our estimate of fair value (NT$113.67)

Significantly Below Fair Value: 6202 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 6202 is good value based on its PE Ratio (20.8x) compared to the TW Semiconductor industry average (29.2x).

PE vs Market: 6202's PE Ratio (20.8x) is in line with the TW market.


Price to Earnings Growth Ratio

PEG Ratio: 6202 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 6202 is overvalued based on its PB Ratio (4.8x) compared to the TW Semiconductor industry average (2.9x).


Future Growth

How is Holtek Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

9.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6202's forecast earnings growth (9.4% per year) is above the savings rate (0.8%).

Earnings vs Market: 6202's earnings (9.4% per year) are forecast to grow slower than the TW market (16% per year).

High Growth Earnings: 6202's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6202's revenue (15.6% per year) is forecast to grow faster than the TW market (10.1% per year).

High Growth Revenue: 6202'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: 6202's Return on Equity is forecast to be high in 3 years time (26.7%)


Past Performance

How has Holtek Semiconductor performed over the past 5 years?

4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6202 has high quality earnings.

Growing Profit Margin: 6202's current net profit margins (18.4%) are lower than last year (19.9%).


Past Earnings Growth Analysis

Earnings Trend: 6202's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: 6202's earnings growth over the past year (12.8%) exceeds its 5-year average (4% per year).

Earnings vs Industry: 6202 earnings growth over the past year (12.8%) underperformed the Semiconductor industry 27.5%.


Return on Equity

High ROE: 6202's Return on Equity (23.4%) is considered high.


Financial Health

How is Holtek Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: 6202's short term assets (NT$4.5B) exceed its short term liabilities (NT$1.2B).

Long Term Liabilities: 6202's short term assets (NT$4.5B) exceed its long term liabilities (NT$456.0M).


Debt to Equity History and Analysis

Debt Level: 6202 is debt free.

Reducing Debt: 6202 has not had any debt for past 5 years.

Debt Coverage: 6202 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6202 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Holtek Semiconductor current dividend yield, its reliability and sustainability?

4.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6202's dividend (4.27%) is higher than the bottom 25% of dividend payers in the TW market (2%).

High Dividend: 6202's dividend (4.27%) is low compared to the top 25% of dividend payers in the TW market (4.78%).


Stability and Growth of Payments

Stable Dividend: 6202's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6202's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (88.8%), 6202's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 6202's dividends in 3 years are not forecast to be well covered by earnings (100% payout ratio).


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Gordon Gau

no data

Tenure

Mr. Kuo-Tung Gau, also known as Gordon serves as President and General Manager at Holtek Semiconductor Inc. and its Director since September 7, 1998. He holds a Bachelor of Electronic Engineering Departmen...


Leadership Team

Experienced Management: 6202's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 6202's board of directors are seasoned and experienced ( 16.8 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

Holtek Semiconductor Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Holtek Semiconductor Inc.
  • Ticker: 6202
  • Exchange: TSEC
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$21.463b
  • Shares outstanding: 226.17m
  • Website: https://www.holtek.com.tw

Location

  • Holtek Semiconductor Inc.
  • Science Park
  • No. 3, Creation Road II
  • Hsinchu City
  • 300
  • Taiwan

Listings


Biography

Holtek Semiconductor Inc. researches, develops, produces, manufactures, and sells integrated circuits. The company provides a range of general purpose and specialized types of microcontrollers for use in t...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/14 08:36
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.