2458 Stock Overview
ELAN Microelectronics Corporation, a semiconductor company, produces and sells human-machine interface solutions for notebook PCs, smartphones, tablets, and consumer electronics applications in Taiwan, Mainland China, Hong Kong, and the United States.
ELAN Microelectronics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$103.00|
|52 Week High||NT$181.50|
|52 Week Low||NT$97.80|
|1 Month Change||-3.29%|
|3 Month Change||-29.93%|
|1 Year Change||-34.81%|
|3 Year Change||25.76%|
|5 Year Change||69.45%|
|Change since IPO||-58.09%|
Recent News & Updates
|2458||TW Semiconductor||TW Market|
Return vs Industry: 2458 underperformed the TW Semiconductor industry which returned -13.7% over the past year.
Return vs Market: 2458 underperformed the TW Market which returned -7.1% over the past year.
|2458 Average Weekly Movement||5.3%|
|Semiconductor Industry Average Movement||6.5%|
|Market Average Movement||5.0%|
|10% most volatile stocks in TW Market||8.4%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 2458 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2458's weekly volatility (5%) has been stable over the past year.
About the Company
ELAN Microelectronics Corporation, a semiconductor company, produces and sells human-machine interface solutions for notebook PCs, smartphones, tablets, and consumer electronics applications in Taiwan, Mainland China, Hong Kong, and the United States. It offers fingerprint sensors, including biometric smart cards, pad and button modules, key cap fingerprint modules, biometric USB dongles, under display fingerprint sensors, and fingerprint sensor with coating/cover glass, as well as facial recognition solutions for PC and smartphone devices. The company also provides microcontrollers for general purpose, touch key, PC peripheral, calculator, and telecommunication applications; pen and touch input solutions for laptops and mobiles; and pointstick and touchpad solutions.
ELAN Microelectronics Fundamentals Summary
|2458 fundamental statistics|
Is 2458 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2458 income statement (TTM)|
|Cost of Revenue||NT$8.88b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||14.99|
|Net Profit Margin||24.53%|
How did 2458 perform over the long term?See historical performance and comparison
13.1%Current Dividend Yield
Is 2458 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2458?
Other financial metrics that can be useful for relative valuation.
|What is 2458's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2458's PE Ratio compare to its peers?
|2458 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6278 Taiwan Surface Mounting Technology
6531 AP Memory Technology
6719 uPI Semiconductor
2458 ELAN Microelectronics
Price-To-Earnings vs Peers: 2458 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (12.2x).
Price to Earnings Ratio vs Industry
How does 2458's PE Ratio compare vs other companies in the TW Semiconductor Industry?
Price-To-Earnings vs Industry: 2458 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the TW Semiconductor industry average (12.7x)
Price to Earnings Ratio vs Fair Ratio
What is 2458'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.
|Current PE Ratio||6.9x|
|Fair PE Ratio||10.4x|
Price-To-Earnings vs Fair Ratio: 2458 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (10.4x).
Share Price vs Fair Value
What is the Fair Price of 2458 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2458 (NT$103) is trading below our estimate of fair value (NT$205.58)
Significantly Below Fair Value: 2458 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is ELAN Microelectronics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2458's earnings are forecast to decline over the next 3 years (-4.1% per year).
Earnings vs Market: 2458's earnings are forecast to decline over the next 3 years (-4.1% per year).
High Growth Earnings: 2458's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 2458's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: 2458's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2458's Return on Equity is forecast to be high in 3 years time (32%)
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How has ELAN Microelectronics performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2458 has a high level of non-cash earnings.
Growing Profit Margin: 2458's current net profit margins (24.5%) are lower than last year (25.3%).
Past Earnings Growth Analysis
Earnings Trend: 2458's earnings have grown significantly by 34.5% per year over the past 5 years.
Accelerating Growth: 2458's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2458 had negative earnings growth (-9.1%) over the past year, making it difficult to compare to the Semiconductor industry average (50.7%).
Return on Equity
High ROE: 2458's Return on Equity (49.3%) is considered outstanding.
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How is ELAN Microelectronics's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2458's short term assets (NT$14.2B) exceed its short term liabilities (NT$9.2B).
Long Term Liabilities: 2458's short term assets (NT$14.2B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 2458 has more cash than its total debt.
Reducing Debt: 2458's debt to equity ratio has reduced from 3.6% to 0.9% over the past 5 years.
Debt Coverage: 2458's debt is well covered by operating cash flow (4526.1%).
Interest Coverage: 2458 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is ELAN Microelectronics's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2458's dividend (13.11%) is higher than the bottom 25% of dividend payers in the TW market (2.47%).
High Dividend: 2458's dividend (13.11%) is in the top 25% of dividend payers in the TW market (6.47%)
Stability and Growth of Payments
Stable Dividend: 2458's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2458's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.5%), 2458's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (116.9%), 2458's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
I-Hau Yeh (66 yo)
Mr. I-Hau Yeh serves as the President, CEO and Chairman of the Board of Directors of Elan Microelectronics Corporation. Mr. Yeh had been Manager of Huazhan Semiconductor Co., Ltd.; Director of Hualong Micr...
Experienced Management: 2458's management team is seasoned and experienced (21.8 years average tenure).
Experienced Board: 2458's board of directors are considered experienced (7.2 years average tenure).
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.
ELAN Microelectronics Corporation's employee growth, exchange listings and data sources
- Name: ELAN Microelectronics Corporation
- Ticker: 2458
- Exchange: TWSE
- Founded: 1994
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: NT$29.312b
- Shares outstanding: 284.59m
- Website: https://www.emc.com.tw
- ELAN Microelectronics Corporation
- No. 12, Innovation 1st Road
- Hsinchu Science Park
- Hsinchu City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 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.