MediaTek Inc.

TWSE:2454 Stock Report

Market Cap: NT$6.2t

MediaTek Past Earnings Performance

Past criteria checks 3/6

MediaTek has been growing earnings at an average annual rate of 1.6%, while the Semiconductor industry saw earnings declining at 4.6% annually. Revenues have been growing at an average rate of 5% per year. MediaTek's return on equity is 25.3%, and it has net margins of 16.9%.

Key information

1.57%

Earnings growth rate

1.36%

EPS growth rate

Semiconductor Industry Growth19.89%
Revenue growth rate4.99%
Return on equity25.34%
Net Margin16.92%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Apr 29

2454: Edge AI And Data Center Hype Will Eventually Disappoint

Analysts have adjusted their fair value estimate for MediaTek from NT$2,085.62 to NT$2,294.74. The revision reflects updated views on revenue growth, profit margin and forward P/E assumptions.
Narrative Update Apr 13

2454: Edge AI And Data Center Solutions Will Drive Future Upside Potential

Analysts have slightly reduced their fair value estimate for MediaTek from NT$2,099.16 to NT$2,085.62, citing updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News MediaTek, Microsoft Research and partners introduced an Active MicroLED Cable design for data centers that targets lower power use, copper-like reliability and extended reach, with a path to 800 Gbps and higher within standard optical form factors (Client Announcements).
Narrative Update Mar 29

2454: Edge AI And Data Center Chips Will Support Future Upside Potential

Analysts have modestly adjusted their fair value estimate for MediaTek to NT$2,099 from NT$2,077, reflecting updated assumptions on revenue growth, profit margins, and future P/E levels. What's in the News MediaTek, Microsoft Research, and partners revealed a next generation Active MicroLED Cable design that targets lower power use, longer reach, and copper like reliability for data center interconnects, using hundreds of low speed MicroLED channels instead of traditional laser links (Key Developments).
Narrative Update Mar 12

2454: Edge AI And Automotive Chips Will Support Future Upside Potential

Analysts have kept their fair value estimate for MediaTek steady at around NT$2,076, while slightly adjusting inputs such as the discount rate and assumed future P/E to reflect updated views on risk and long term earnings potential. What's in the News MediaTek, MiTwell and RGo Robotics introduced a visual real time localization solution for warehouses, logistics and industrial sites, using the Genio 720 edge AI platform to turn forklifts, robots, drones and other machines into perception enabled agents that share data across facilities (Key Developments).
Narrative Update Feb 25

2454: AI And Automotive Chip Advances Will Drive Future Upside Potential

Analysts kept their fair value estimate for MediaTek broadly unchanged at around NT$2,076.95, with only small tweaks to assumptions for discount rate, long term revenue growth, profit margin, and future P/E informing a largely steady view on the company. What's in the News MediaTek introduced its Dimensity 9500s flagship mobile chipset, built on a 3nm process with an All Big Core CPU architecture, Immortalis-G925 GPU and an NPU tuned for generative AI and multi-modal models.
Narrative Update Feb 10

2454: AI And Automotive Chip Expansion Will Drive Future Upside Potential

Analysts have raised their fair value estimate for MediaTek from $1,674.90 to $2,076.95, reflecting higher assumed revenue growth and a richer future P/E multiple, partly offset by a lower profit margin outlook and a slightly reduced discount rate. What's in the News MediaTek introduced its Dimensity 9500s and Dimensity 8500 chipsets, targeting flagship and premium smartphones with a focus on performance, power efficiency, AI features, imaging, gaming, and wireless connectivity, including a 3nm process and All Big Core CPU designs (Key Developments).
Narrative Update Jan 26

2454: AI And Automotive Partnerships Will Support Balanced Future Return Potential

Analysts have raised their fair value estimate for MediaTek to NT$1,674.90 from NT$1,584.51, citing slightly stronger assumptions around revenue growth, profit margins and future P/E multiples. What's in the News MediaTek introduced its Dimensity 9500s flagship SoC, built on a 3nm process with an All Big Core CPU architecture.
New Narrative Jan 26

AI And Automotive Catalysts Will Drive A Powerful Multi Year Upswing

Catalysts About MediaTek MediaTek designs and supplies semiconductor solutions for smartphones, edge devices, automotive systems and data center customers. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 10

2454: Automotive And AI Partnerships Will Drive Future Upside Potential

Analysts have nudged their price target on MediaTek higher to reflect modestly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E, which together suggest a slightly different balance of risk and return than before. What's in the News MediaTek is working with DENSO on a custom automotive SoC for Advanced Driver Assistance Systems and cockpit systems, targeting ISO 26262 ASIL-B/D functional safety, AEC-Q100 qualification, and support for multi sensor fusion across camera, radar, and lidar (Key Developments).
Narrative Update Dec 26

2454: AI Platform Partnerships Will Drive Future Upside Potential

Analysts have slightly increased their price target on MediaTek, citing modest improvements in projected fair value to $1,584.51, along with incremental upgrades to long term growth, profitability, and valuation assumptions. What's in the News Kynetics forms a strategic partnership with MediaTek to deliver customized Android deployments and long term support for Genio platforms, accelerating development and deployment for industrial and consumer applications (Key Developments) MediaTek collaborates with NVIDIA on the GB10 Grace Blackwell Superchip for DGX Spark, a desktop AI supercomputer enabling developers to fine tune and deploy large AI models with up to 1 PFLOP of performance (Key Developments) MediaTek and Airoha unveil a new AI Fiber Gateway platform at Network X 2025, combining Wi Fi 7 and XGS PON to boost network efficiency by over 30 percent and cut recovery times by 40 percent for telecom operators (Key Developments) Valuation Changes The fair value estimate has risen slightly to NT$1,584.51 from NT$1,576.25, reflecting a modest upward revision in intrinsic valuation.
Narrative Update Dec 12

2454: AI Platform Partnerships Will Drive Long-Term Upside Potential

Analysts have nudged their price target for MediaTek higher, lifting fair value by roughly 1 percent to about $1,576, citing slightly stronger long term revenue growth expectations and modestly lower discount rates that together outweigh a small downward tweak to projected profit margins. What's in the News Kynetics formed a strategic partnership with MediaTek to deliver custom Android deployments for Genio platforms, promising faster development cycles, long term support, and enhanced security for industrial and consumer devices (client announcement).
Narrative Update Nov 28

2454: Next-Gen AI Platform Collaboration Will Drive Long-Term Upside Potential

Analysts have raised their price target for MediaTek from $1,547.72 to $1,565.22. They cite expectations of stronger revenue growth and slightly improved profit margins as factors driving future performance.
Narrative Update Nov 14

2454: AI Partnerships And Platform Launches Will Drive Future Opportunity

Analysts have revised their fair value estimate for MediaTek downward, from NT$1,579.95 to NT$1,547.72, because of slight reductions in projected revenue growth and profit margin expectations. What's in the News MediaTek and NVIDIA are collaborating on the GB10 Grace Blackwell Superchip, powering the DGX Spark personal AI supercomputer for desktop developers.
Narrative Update Oct 31

2454: AI Alliances And Next-Gen Connectivity Will Drive Stronger Performance Ahead

Analysts have slightly lowered their price target for MediaTek to $1,579.95 from $1,600.40. This reflects marginal adjustments in growth forecasts and profitability expectations.
Narrative Update Oct 17

Edge AI SoCs And 5G Connectivity Will Transform Markets

Analysts have slightly lowered their price target for MediaTek from $1,620.85 to $1,600.40, citing modest adjustments to revenue growth and profit margin forecasts. What's in the News MediaTek partnered with NVIDIA to co-design the GB10 Grace Blackwell Superchip, which powers NVIDIA DGX Spark, a personal AI supercomputer for developers.
Narrative Update Sep 23

Edge AI SoCs And 5G Connectivity Will Transform Markets

MediaTek’s consensus price target has seen a marginal downward revision to NT$1621, reflecting slightly lower future P/E and revenue growth forecasts. What's in the News MediaTek launched the Dimensity 9500, a flagship mobile platform featuring significant gains in performance, AI capabilities, gaming efficiency, and power management, with integrated support for advanced imaging, adaptive display, and next-generation connectivity technologies; devices using this chip are expected in Q4 2025.
Narrative Update Sep 04

Edge AI SoCs And 5G Connectivity Will Transform Markets

With no major changes in key valuation metrics such as the discount rate and future P/E, MediaTek’s consensus analyst price target remained stable at NT$1645. What's in the News MediaTek forecasts Q3 2025 revenue between TWD 130.1-140 billion, representing a 7% to 13% sequential decline but a year-over-year range from -1% to +6%; in USD, revenue is expected at $4.49-4.83 billion, down 1% to 8% sequentially and up 10% to 18% year-over-year.
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New Narrative Nov 07

Unleashing AI Innovation To Drive Growth In The Mobile, Cloud, And Automotive Sectors

MediaTek's edge AI SoC and strategic alliances enhance its market position, driving potential revenue growth through high-end mobile devices and AI applications.

Revenue & Expenses Breakdown

How MediaTek makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2454 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26591,804100,14831,149150,869
31 Dec 25595,966105,31931,304148,306
30 Sep 25583,821106,18331,958145,810
30 Jun 25573,537106,30931,609142,719
31 Mar 25550,440104,17630,381136,628
31 Dec 24530,586106,38728,981131,993
30 Sep 24522,105108,26027,552125,713
30 Jun 24500,389101,39126,336120,694
31 Mar 24471,25391,64125,696116,049
31 Dec 23433,44676,97924,183111,385
30 Sep 23412,07869,80422,902108,960
30 Jun 23444,14282,28123,831110,824
31 Mar 23501,737101,75325,527114,816
31 Dec 22548,796118,14127,241116,875
30 Sep 22569,256129,70428,812115,238
30 Jun 22558,169127,03729,441109,496
31 Mar 22528,092119,11028,363102,195
31 Dec 21493,415111,42127,48496,081
30 Sep 21461,16696,11725,25191,695
30 Jun 21427,36681,08023,53989,878
31 Mar 21369,31660,77421,78884,416
31 Dec 20322,14640,91720,99177,325
30 Sep 20290,44932,49720,39571,697
30 Jun 20260,39926,11619,21365,740
31 Mar 20254,36325,34218,87763,731
31 Dec 19246,22223,03317,47763,001
30 Sep 19242,40520,83017,38861,675
30 Jun 19242,21120,69817,34259,974
31 Mar 19241,12521,64717,85158,839
31 Dec 18238,05720,76017,99257,549
30 Sep 18237,56926,79818,64758,337
30 Jun 18234,19025,16118,04757,646
31 Mar 18231,78820,15017,64656,998
31 Dec 17238,21624,33317,89657,171
30 Sep 17246,48819,21818,15755,347
30 Jun 17261,24021,90819,53555,740
31 Mar 17275,68926,04020,03055,757
31 Dec 16275,51223,70119,42955,685
30 Sep 16268,54923,08318,32857,088
30 Jun 16247,10823,24517,26454,839
31 Mar 16221,62523,09616,25552,095
31 Dec 15213,25525,95816,74349,529
30 Sep 15206,99531,92316,37846,573
30 Jun 15207,50537,26814,94045,768

Quality Earnings: 2454 has high quality earnings.

Growing Profit Margin: 2454's current net profit margins (16.9%) are lower than last year (18.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2454's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: 2454's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2454 had negative earnings growth (-3.9%) over the past year, making it difficult to compare to the Semiconductor industry average (2.4%).


Return on Equity

High ROE: 2454's Return on Equity (25.3%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 03:05
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MediaTek Inc. is covered by 40 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
S. H. LinAletheia Analyst Network Limited
Stefan ChangAletheia Analyst Network Limited
Warren LauAletheia Analyst Network Limited