2454

MediaTekTWSE:2454 Stock Report

Market Cap

NT$1.5t

7D

1.6%

1Y

53.8%

Updated

17 Sep, 2021

Data

Company Financials +
2454 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends4/6

2454 Overview

MediaTek Inc. researches, develops, produces, and markets integrated circuits (ICs) in worldwide.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2454 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2454's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.6%

2454

-2.2%

TW Semiconductor

-0.2%

TW Market


1 Year Return

53.8%

2454

43.6%

TW Semiconductor

33.6%

TW Market

Return vs Industry: 2454 exceeded the TW Semiconductor industry which returned 43.6% over the past year.

Return vs Market: 2454 exceeded the TW Market which returned 33.6% over the past year.


Shareholder returns

2454IndustryMarket
7 Day1.6%-2.2%-0.2%
30 Day3.1%4.6%3.7%
90 Day-2.6%0.9%-0.2%
1 Year60.0%53.8%46.6%43.6%37.5%33.6%
3 Year321.6%286.8%161.9%138.6%77.4%59.1%
5 Year345.8%280.6%281.1%224.4%121.9%84.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

MediaTek Fundamentals Summary

How do MediaTek's earnings and revenue compare to its market cap?
2454 fundamental statistics
Market CapNT$1.49t
Earnings (TTM)NT$81.08b
Revenue (TTM)NT$427.37b

18.3x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2454 income statement (TTM)
RevenueNT$427.37b
Cost of RevenueNT$234.92b
Gross ProfitNT$192.45b
ExpensesNT$111.37b
EarningsNT$81.08b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)51.44
Gross Margin45.03%
Net Profit Margin18.97%
Debt/Equity Ratio7.3%

How did 2454 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

72%

Payout Ratio

Valuation

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

44.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2454 (NT$940) is trading below our estimate of fair value (NT$1690.9)

Significantly Below Fair Value: 2454 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2454 is good value based on its PE Ratio (18.3x) compared to the TW Semiconductor industry average (20.3x).

PE vs Market: 2454 is poor value based on its PE Ratio (18.3x) compared to the TW market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: 2454 is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: 2454 is overvalued based on its PB Ratio (3.9x) compared to the TW Semiconductor industry average (2.8x).


Future Growth

How is MediaTek forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

8.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2454's forecast earnings growth (8.8% per year) is above the savings rate (0.8%).

Earnings vs Market: 2454's earnings (8.8% per year) are forecast to grow faster than the TW market (8.6% per year).

High Growth Earnings: 2454's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2454's revenue (11.8% per year) is forecast to grow faster than the TW market (9.5% per year).

High Growth Revenue: 2454's revenue (11.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2454's Return on Equity is forecast to be high in 3 years time (31.8%)


Past Performance

How has MediaTek performed over the past 5 years?

20.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2454 has high quality earnings.

Growing Profit Margin: 2454's current net profit margins (19%) are higher than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: 2454's earnings have grown significantly by 20.5% per year over the past 5 years.

Accelerating Growth: 2454's earnings growth over the past year (210.5%) exceeds its 5-year average (20.5% per year).

Earnings vs Industry: 2454 earnings growth over the past year (210.5%) exceeded the Semiconductor industry 57.2%.


Return on Equity

High ROE: 2454's Return on Equity (21.1%) is considered high.


Financial Health

How is MediaTek's financial position?


Financial Position Analysis

Short Term Liabilities: 2454's short term assets (NT$360.3B) exceed its short term liabilities (NT$228.6B).

Long Term Liabilities: 2454's short term assets (NT$360.3B) exceed its long term liabilities (NT$14.7B).


Debt to Equity History and Analysis

Debt Level: 2454's debt to equity ratio (7.3%) is considered satisfactory.

Reducing Debt: 2454's debt to equity ratio has reduced from 27.5% to 7.3% over the past 5 years.

Debt Coverage: 2454's debt is well covered by operating cash flow (343.8%).

Interest Coverage: 2454 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is MediaTek current dividend yield, its reliability and sustainability?

3.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2454's dividend (3.94%) is higher than the bottom 25% of dividend payers in the TW market (1.94%).

High Dividend: 2454's dividend (3.94%) is low compared to the top 25% of dividend payers in the TW market (5.25%).


Stability and Growth of Payments

Stable Dividend: 2454's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2454's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.9%), 2454's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 2454's dividends in 3 years are forecast to be covered by earnings (86.3% payout ratio).


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Rick L. Tsai (70 yo)

3.58yrs

Tenure

NT$6,144,000

Compensation

Dr. Lih Shyng Tsai, also known as Rick L., Ph.D. has been Chief Executive Officer of MediaTek Inc. since February 1, 2018 and serves as its Vice Chairman since July 5, 2021 and served as its Co-Chief Execu...


Leadership Team

Experienced Management: 2454's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: 2454's board of directors are considered experienced (9.3 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

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


Key Information

  • Name: MediaTek Inc.
  • Ticker: 2454
  • Exchange: TWSE
  • Founded: 1997
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$1.488t
  • Shares outstanding: 1.58b
  • Website: https://www.mediatek.com

Number of Employees


Location

  • MediaTek Inc.
  • No. 1, Dusing 1st Road
  • Hsinchu Science Park
  • Hsinchu City
  • 30078
  • Taiwan

Listings


Biography

MediaTek Inc. researches, develops, produces, and markets integrated circuits (ICs) in worldwide. It provides multimedia, computer peripherals oriented, consumer-oriented, and other application ICs. The co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:35
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.