FocalTech Systems Co., Ltd. provides LCD display driver solutions worldwide.
FocalTech Systems Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$161.00|
|52 Week High||NT$42.92|
|52 Week Low||NT$298.00|
|1 Month Change||-16.80%|
|3 Month Change||-26.82%|
|1 Year Change||268.96%|
|3 Year Change||342.90%|
|5 Year Change||198.99%|
|Change since IPO||106.89%|
Recent News & Updates
|3545||TW Semiconductor||TW Market|
Return vs Industry: 3545 exceeded the TW Semiconductor industry which returned 44.2% over the past year.
Return vs Market: 3545 exceeded the TW Market which returned 34% over the past year.
Stable Share Price: 3545 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 3545's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
FocalTech Systems Co., Ltd. provides LCD display driver solutions worldwide. The company offers IDC, fingerprint identification, display driver, and touch chips. It also provides human-machine interface solutions, including 2D/3D touch controller, super in- cell IDC, fingerprint sensor, and display driver for smart electronic devices.
FocalTech Systems Fundamentals Summary
|3545 fundamental statistics|
Is 3545 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3545 income statement (TTM)|
|Cost of Revenue||NT$11.53b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||14.73|
|Net Profit Margin||20.78%|
How did 3545 perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is FocalTech Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3545 (NT$161) is trading below our estimate of fair value (NT$334.06)
Significantly Below Fair Value: 3545 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3545 is good value based on its PE Ratio (9.2x) compared to the TW Semiconductor industry average (19.9x).
PE vs Market: 3545 is good value based on its PE Ratio (9.2x) compared to the TW market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: 3545 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 3545 is overvalued based on its PB Ratio (3.2x) compared to the TW Semiconductor industry average (2.8x).
How is FocalTech Systems forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3545's forecast earnings growth (11.2% per year) is above the savings rate (0.8%).
Earnings vs Market: 3545's earnings (11.2% per year) are forecast to grow faster than the TW market (8.6% per year).
High Growth Earnings: 3545's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3545's revenue (9.9% per year) is forecast to grow faster than the TW market (9.5% per year).
High Growth Revenue: 3545's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3545's Return on Equity is forecast to be very high in 3 years time (72.2%).
How has FocalTech Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3545 has high quality earnings.
Growing Profit Margin: 3545's current net profit margins (20.8%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 3545's earnings have grown significantly by 22.1% per year over the past 5 years.
Accelerating Growth: 3545's earnings growth over the past year (1125.5%) exceeds its 5-year average (22.1% per year).
Earnings vs Industry: 3545 earnings growth over the past year (1125.5%) exceeded the Semiconductor industry 57.2%.
Return on Equity
High ROE: 3545's Return on Equity (34.4%) is considered high.
How is FocalTech Systems's financial position?
Financial Position Analysis
Short Term Liabilities: 3545's short term assets (NT$12.3B) exceed its short term liabilities (NT$4.8B).
Long Term Liabilities: 3545's short term assets (NT$12.3B) exceed its long term liabilities (NT$703.4M).
Debt to Equity History and Analysis
Debt Level: 3545's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 3545's debt to equity ratio has increased from 3.2% to 7% over the past 5 years.
Debt Coverage: 3545's debt is well covered by operating cash flow (494.9%).
Interest Coverage: 3545 earns more interest than it pays, so coverage of interest payments is not a concern.
What is FocalTech Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3545's dividend (2.01%) is higher than the bottom 25% of dividend payers in the TW market (1.96%).
High Dividend: 3545's dividend (2.01%) is low compared to the top 25% of dividend payers in the TW market (5.31%).
Stability and Growth of Payments
Stable Dividend: 3545 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3545's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22%), 3545's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3545's dividends in 3 years are not forecast to be well covered by earnings (98.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Genda Hu, also known as James, serves as Chairman of the Board at FocalTech Systems Co.,Ltd. Dr. Hu serves as General Manager at FocalTech Systems Co., Ltd. since December 2019.Dr. Hu serves as Chief...
Experienced Management: 3545's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: 3545's board of directors are considered experienced (3.8 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 been diluted in the past year, with total shares outstanding growing by 3.7%.
FocalTech Systems Co., Ltd.'s employee growth, exchange listings and data sources
- Name: FocalTech Systems Co., Ltd.
- Ticker: 3545
- Exchange: TWSE
- Founded: 2005
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$34.855b
- Shares outstanding: 216.49m
- Website: https://www.focaltech-systems.com
- FocalTech Systems Co., Ltd.
- No. 6, Dusing First Road
- 4th Floor
- Hsinchu City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:03|
|End of Day Share Price||2021/09/23 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.