3035 Stock Overview
Faraday Technology Corporation, together with its subsidiaries, operates as a fabless ASIC/SoC and silicon intellectual property (IP) provider China, Taiwan, Japan, the United States, and internationally.
Faraday Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$175.50|
|52 Week High||NT$331.50|
|52 Week Low||NT$84.80|
|1 Month Change||15.08%|
|3 Month Change||-34.52%|
|1 Year Change||102.42%|
|3 Year Change||202.07%|
|5 Year Change||298.86%|
|Change since IPO||38.39%|
Recent News & Updates
|3035||TW Semiconductor||TW Market|
Return vs Industry: 3035 exceeded the TW Semiconductor industry which returned -15.2% over the past year.
Return vs Market: 3035 exceeded the TW Market which returned -8.2% over the past year.
|3035 Average Weekly Movement||9.7%|
|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: 3035 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 3035's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
Faraday Technology Corporation, together with its subsidiaries, operates as a fabless ASIC/SoC and silicon intellectual property (IP) provider China, Taiwan, Japan, the United States, and internationally. The company offers SoC design services and evaluation platforms; and ASIC services. It also provides IP products, including library and memory compilers, processor cores, analog IPs, peripheral IPs, and interface IPs.
Faraday Technology Fundamentals Summary
|3035 fundamental statistics|
Is 3035 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3035 income statement (TTM)|
|Cost of Revenue||NT$5.68b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||8.60|
|Net Profit Margin||18.69%|
How did 3035 perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is 3035 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
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 3035?
Other financial metrics that can be useful for relative valuation.
|What is 3035's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3035's PE Ratio compare to its peers?
|3035 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
3653 Jentech Precision Industrial
2441 Greatek Electronics
6531 AP Memory Technology
3035 Faraday Technology
Price-To-Earnings vs Peers: 3035 is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (17.4x).
Price to Earnings Ratio vs Industry
How does 3035's PE Ratio compare vs other companies in the TW Semiconductor Industry?
Price-To-Earnings vs Industry: 3035 is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the TW Semiconductor industry average (12.6x)
Price to Earnings Ratio vs Fair Ratio
What is 3035'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||20.4x|
|Fair PE Ratio||18.6x|
Price-To-Earnings vs Fair Ratio: 3035 is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the estimated Fair Price-To-Earnings Ratio (18.6x).
Share Price vs Fair Value
What is the Fair Price of 3035 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3035 (NT$175.5) is trading above our estimate of fair value (NT$118.01)
Significantly Below Fair Value: 3035 is trading above our estimate of fair value.
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 and analysts are within a statistically confident range of agreement.
Discover undervalued companies
How is Faraday Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score4/6
Future Growth Score 4/6
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: 3035's forecast earnings growth (9.2% per year) is above the savings rate (0.7%).
Earnings vs Market: 3035's earnings (9.2% per year) are forecast to grow faster than the TW market (6% per year).
High Growth Earnings: 3035's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3035's revenue (11.1% per year) is forecast to grow faster than the TW market (7.2% per year).
High Growth Revenue: 3035's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3035's Return on Equity is forecast to be high in 3 years time (26%)
Discover growth companies
How has Faraday Technology performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3035 has high quality earnings.
Growing Profit Margin: 3035's current net profit margins (18.7%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: 3035's earnings have grown significantly by 42.9% per year over the past 5 years.
Accelerating Growth: 3035's earnings growth over the past year (390%) exceeds its 5-year average (42.9% per year).
Earnings vs Industry: 3035 earnings growth over the past year (390%) exceeded the Semiconductor industry 53.8%.
Return on Equity
High ROE: 3035's Return on Equity (29.9%) is considered high.
Discover strong past performing companies
How is Faraday Technology's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3035's short term assets (NT$10.0B) exceed its short term liabilities (NT$5.3B).
Long Term Liabilities: 3035's short term assets (NT$10.0B) exceed its long term liabilities (NT$373.1M).
Debt to Equity History and Analysis
Debt Level: 3035 is debt free.
Reducing Debt: 3035 has not had any debt for past 5 years.
Debt Coverage: 3035 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3035 has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is Faraday Technology current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3035's dividend (1.88%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.46%).
High Dividend: 3035's dividend (1.88%) is low compared to the top 25% of dividend payers in the TW market (6.46%).
Stability and Growth of Payments
Stable Dividend: 3035's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3035's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 3035's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.3%), 3035's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Kuo-Yung Wang also known as Steve serves as the President of Faraday Technology Corporation since July 28, 2015 and has been its Director since November 21, 2011. Mr. Wang holds a Master of Industrial...
Experienced Management: 3035's management team is seasoned and experienced (7.1 years average tenure).
Experienced Board: 3035's board of directors are considered experienced (6.2 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.
Faraday Technology Corporation's employee growth, exchange listings and data sources
- Name: Faraday Technology Corporation
- Ticker: 3035
- Exchange: TWSE
- Founded: 1993
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: NT$44.242b
- Shares outstanding: 248.55m
- Website: https://www.faraday-tech.com
- Faraday Technology Corporation
- No.5, Li-Hsin Road III
- Hsinchu Science Park
- Hsinchu City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/08/16 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.