How does 6531's PE Ratio compare to its peers?

6531 is expensive based on its Price-To-Earnings Ratio (35.1x) compared to the peer average (20.6x).

How does 6531's PE Ratio compare vs other companies in the TW Semiconductor Industry?

6531 is expensive based on its Price-To-Earnings Ratio (35.1x) compared to the TW Semiconductor industry average (31.2x).

What is 6531's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6531 is expensive based on its Price-To-Earnings Ratio (35.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.5x).

What is the Fair Price of 6531 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6531 (NT$312.5) is trading above our estimate of [[fair value]] (NT$160.31)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

AP Memory Technology (TWSE:6531) - Stock Price, News & Analysis

6531 Stock Overview

Engages in designing, development, licensing, manufacturing, and selling customized memory-related integrated circuit (IC) chip products and technologies in China, Japan, Taiwan, Europe, America, and internationally. More details

6531 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Earnings are forecast to grow 23.88% per year

Earnings grew by 26.9% over the past year

Risk Analysis

Unstable dividend track record

Large one-off items impacting financial results

AP Memory Technology Corporation Competitors

WIN Semiconductors

TPEX:3105

NT$50.2b

Chipbond Technology

TPEX:6147

NT$48.3b

Parade Technologies

TPEX:4966

NT$53.8b

ELAN Microelectronics

TWSE:2458

NT$42.4b

Price History & Performance

Summary of all time highs, changes and price drops for AP Memory Technology
Historical stock prices
Current Share Price	NT$312.50
52 Week High	NT$555.00
52 Week Low	NT$249.50
Beta	2.47
11 Month Change	0.48%
3 Month Change	1.96%
1 Year Change	-27.41%
33 Year Change	-38.85%
5 Year Change	970.21%
Change since IPO	567.40%

Impressive Earnings May Not Tell The Whole Story For AP Memory Technology (TWSE:6531)

Nov 07

AP Memory Technology (TWSE:6531) Is Experiencing Growth In Returns On Capital

Sep 15

Recent updates

Impressive Earnings May Not Tell The Whole Story For AP Memory Technology (TWSE:6531)

Nov 07

AP Memory Technology (TWSE:6531) Is Experiencing Growth In Returns On Capital

Sep 15

AP Memory Technology Corporation (TWSE:6531) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

Aug 05

Here's Why AP Memory Technology (TWSE:6531) Can Manage Its Debt Responsibly

Jul 12

AP Memory Technology's (TWSE:6531) Dividend Will Be Increased To NT$7.00

May 29

AP Memory Technology Corporation's (TWSE:6531) Price Is Out Of Tune With Earnings

May 09

AP Memory Technology's (TWSE:6531) Soft Earnings Don't Show The Whole Picture

Mar 27

AP Memory Technology's (TWSE:6531) Returns On Capital Not Reflecting Well On The Business

Feb 29

Returns On Capital Signal Tricky Times Ahead For AP Memory Technology (TPE:6531)

Mar 31

Does AP Memory Technology (TPE:6531) Have A Healthy Balance Sheet?

Mar 03

AP Memory Technology Corporation's (TPE:6531) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Feb 03

We Think AP Memory Technology's (TPE:6531) Statutory Profit Might Understate Its Earnings Potential

Jan 11

Shareholders Are Raving About How The AP Memory Technology (TPE:6531) Share Price Increased 376%

Dec 22

What Do The Returns On Capital At AP Memory Technology (TPE:6531) Tell Us?

Nov 30

Shareholder Returns

	6531	TW Semiconductor	TW Market
7D	6.3%	0.6%	0.8%
1Y	-27.4%	54.2%	30.3%

Return vs Industry: 6531 underperformed the TW Semiconductor industry which returned 54.2% over the past year.

Return vs Market: 6531 underperformed the TW Market which returned 30.3% over the past year.

Price Volatility

Is 6531's price volatile compared to industry and market?
6531 volatility
6531 Average Weekly Movement	5.5%
Semiconductor Industry Average Movement	5.4%
Market Average Movement	4.6%
10% most volatile stocks in TW Market	8.0%
10% least volatile stocks in TW Market	2.1%

Stable Share Price: 6531 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 6531's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2011	n/a	Wenliang Chen	www.apmemory.com

AP Memory Technology Corporation, together with its subsidiaries, engages in designing, development, licensing, manufacturing, and selling customized memory-related integrated circuit (IC) chip products and technologies in China, Japan, Taiwan, Europe, America, and internationally. The company offers memory-related IC products for use in functional cell phones and Internet of Things (IoT) related products, including Pseudo SRAM for wearable devices and IoT-related products application; low power DRAM; and power-efficient customized DRAM. It also provides artificial intelligence memory, licensing, and design services; and silicon capacitor products.

AP Memory Technology Corporation Fundamentals Summary

How do AP Memory Technology's earnings and revenue compare to its market cap?
6531 fundamental statistics
Market cap	NT$49.97b
Earnings (TTM)	NT$1.45b
Revenue (TTM)	NT$4.13b

35.1x

P/E Ratio

12.3x

P/S Ratio

Is 6531 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6531 income statement (TTM)
Revenue	NT$4.13b
Cost of Revenue	NT$2.13b
Gross Profit	NT$2.00b
Other Expenses	NT$556.37m
Earnings	NT$1.45b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	8.91
Gross Margin	48.48%
Net Profit Margin	35.01%
Debt/Equity Ratio	0.4%

How did 6531 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

78%

Payout Ratio

6531 Stock Overview

Rewards

Risk Analysis

AP Memory Technology Corporation Competitors

TPEX:3105

NT$50.2b

TPEX:6147

NT$48.3b

TPEX:4966

NT$53.8b

TWSE:2458

NT$42.4b

Price History & Performance

Recent News & Updates

Impressive Earnings May Not Tell The Whole Story For AP Memory Technology (TWSE:6531)

Third quarter 2024 earnings released: EPS: NT$2.08 (vs NT$3.27 in 3Q 2023)

Less than half of directors are independent

AP Memory Technology Corporation to Report Q3, 2024 Results on Oct 30, 2024

AP Memory Technology Corporation Announces the Reassign the Juridical Person Director Representative

AP Memory Technology (TWSE:6531) Is Experiencing Growth In Returns On Capital

Recent updates

Impressive Earnings May Not Tell The Whole Story For AP Memory Technology (TWSE:6531)

Third quarter 2024 earnings released: EPS: NT$2.08 (vs NT$3.27 in 3Q 2023)

Less than half of directors are independent

AP Memory Technology Corporation to Report Q3, 2024 Results on Oct 30, 2024

AP Memory Technology Corporation Announces the Reassign the Juridical Person Director Representative

AP Memory Technology (TWSE:6531) Is Experiencing Growth In Returns On Capital

Second quarter 2024 earnings released: EPS: NT$2.28 (vs NT$2.98 in 2Q 2023)

Investor sentiment deteriorates as stock falls 18%

New minor risk - Share price stability

AP Memory Technology Corporation (TWSE:6531) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

AP Memory Technology Corporation to Report Q2, 2024 Results on Jul 31, 2024

Here's Why AP Memory Technology (TWSE:6531) Can Manage Its Debt Responsibly

AP Memory Technology's (TWSE:6531) Dividend Will Be Increased To NT$7.00

Dividend increased to NT$7.00

First quarter 2024 earnings released: EPS: NT$2.27 (vs NT$0.39 in 1Q 2023)

AP Memory Technology Corporation's (TWSE:6531) Price Is Out Of Tune With Earnings

Consensus revenue estimates decrease by 17%, EPS upgraded

AP Memory Technology Corporation to Report Q1, 2024 Results on May 03, 2024

AP Memory Technology's (TWSE:6531) Soft Earnings Don't Show The Whole Picture

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

AP Memory Technology Corporation Announces New Generation Stack Silicon Capacitor (S-Sicap) Gen3 Passed Customer Validation

AP Memory Technology Corporation, Annual General Meeting, May 27, 2024

AP Memory Technology's (TWSE:6531) Returns On Capital Not Reflecting Well On The Business

Consensus EPS estimates fall by 10%

Investor sentiment improves as stock rises 18%

Third quarter 2023 earnings released: EPS: NT$3.27 (vs NT$4.32 in 3Q 2022)

New major risk - Share price stability

Consensus revenue estimates increase by 23%

Second quarter 2023 earnings released: EPS: NT$2.98 (vs NT$3.85 in 2Q 2022)

First quarter 2023 earnings released: EPS: NT$0.39 (vs NT$3.53 in 1Q 2022)

Upcoming dividend of NT$7.00 per share at 2.1% yield

AP Memory Technology Corporation Announces Changes of the Company's Compensation Committee Members

Price target decreased by 9.1% to NT$300

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improves as stock rises 17%

Investor sentiment improved over the past week

High number of new directors

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: NT$4.32 (vs NT$4.56 in 3Q 2021)

Investor sentiment deteriorated over the past week

AP Memory Technology Corporation Octal-SPI PSRAM validated by Renesas RZ/A3UL MPU

Second quarter 2022 earnings released: EPS: NT$3.85 (vs NT$3.08 in 2Q 2021)

Consensus revenue estimates fall by 16%

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

Upcoming dividend of NT$6.00 per share

AP Memory Launches Brand-New Product Series of 512Mb Ultra-High-Speed (UHS) and 32Mb Ultra-Low-Swing (ULS) PSRAM

High number of new directors

Investor sentiment improved over the past week

Ap Memory Technology Corporation Appoints Sun, Elizabeth to the Member of Audit Committee

Now 22% undervalued after recent price drop

Price target decreased to NT$550

Less than half of directors are independent

Now 24% undervalued after recent price drop

Now 26% undervalued after recent price drop

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

AP Memory Technology Corporation Announces the Change of Acting Spokesperson

AP Memory Technology Corporation Approves Dividend

Third quarter 2021 earnings released: EPS NT$4.56 (vs NT$0.82 in 3Q 2020)