company background image
4961

Fitipower Integrated TechnologyTWSE:4961 Stock Report

Market Cap

NT$35.6b

7D

5.2%

1Y

423.3%

Updated

19 Oct, 2021

Data

Company Financials
4961 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends1/6

4961 Overview

Fitipower Integrated Technology Inc. research, design, and development of LCD driver ICs and analogs, and digital and mixed-signal power management ICs in Taiwan.

Fitipower Integrated Technology Competitors

MediaTek

TWSE:2454

NT$1.4t

Silergy

TWSE:6415

NT$386.0b

Novatek Microelectronics

TWSE:3034

NT$244.0b

FocalTech Systems

TWSE:3545

NT$31.5b

Price History & Performance

Summary of all time highs, changes and price drops for Fitipower Integrated Technology
Historical stock prices
Current Share PriceNT$191.00
52 Week HighNT$34.35
52 Week LowNT$395.00
Beta1.88
1 Month Change-10.54%
3 Month Change-28.06%
1 Year Change423.29%
3 Year Change399.35%
5 Year Change445.71%
Change since IPO378.51%

Recent News & Updates

Shareholder Returns

4961TW SemiconductorTW Market
7D5.2%3.8%2.6%
1Y423.3%38.0%31.0%

Return vs Industry: 4961 exceeded the TW Semiconductor industry which returned 34.3% over the past year.

Return vs Market: 4961 exceeded the TW Market which returned 29.1% over the past year.

Price Volatility

Is 4961's price volatile compared to industry and market?
4961 volatility
4961 Beta1.88
Industry Beta1.01
Market Beta1

Stable Share Price: 4961 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 4961's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1995n/an/ahttps://www.fitipower.com

Fitipower Integrated Technology Inc. research, design, and development of LCD driver ICs and analogs, and digital and mixed-signal power management ICs in Taiwan. Its power management products comprise buck DC-DC, boost DC-DC, linear regulator, LCD power, power switch, WLED driver, reset IC, and motor driver, as well as other products, such as PMUs, ASICs, etc.; and display driver products include AV/tablet, DSC, NBMNT, TV, and gate products. The company’s products are used for various applications consisting of LCD-TVs, notebooks, networking, portable devices, set-top boxes, CCTV/security, desktops, LED lighting, and TFT-LCD driver products.

Fitipower Integrated Technology Fundamentals Summary

How do Fitipower Integrated Technology's earnings and revenue compare to its market cap?
4961 fundamental statistics
Market CapNT$35.56b
Earnings (TTM)NT$3.10b
Revenue (TTM)NT$16.45b

11.5x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4961 income statement (TTM)
RevenueNT$16.45b
Cost of RevenueNT$10.54b
Gross ProfitNT$5.91b
ExpensesNT$2.81b
EarningsNT$3.10b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)16.65
Gross Margin35.93%
Net Profit Margin18.84%
Debt/Equity Ratio29.9%

How did 4961 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Fitipower Integrated Technology undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4961 (NT$191) is trading below our estimate of fair value (NT$1110.2)

Significantly Below Fair Value: 4961 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4961 is good value based on its PE Ratio (11.5x) compared to the TW Semiconductor industry average (19x).

PE vs Market: 4961 is good value based on its PE Ratio (11.5x) compared to the TW market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4961's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4961 is overvalued based on its PB Ratio (4.8x) compared to the TW Semiconductor industry average (2.7x).


Future Growth

How is Fitipower Integrated Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fitipower Integrated Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Fitipower Integrated Technology performed over the past 5 years?

44.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4961 has a high level of non-cash earnings.

Growing Profit Margin: 4961's current net profit margins (18.8%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: 4961's earnings have grown significantly by 44.2% per year over the past 5 years.

Accelerating Growth: 4961's earnings growth over the past year (1179.6%) exceeds its 5-year average (44.2% per year).

Earnings vs Industry: 4961 earnings growth over the past year (1179.6%) exceeded the Semiconductor industry 58%.


Return on Equity

High ROE: 4961's Return on Equity (39.7%) is considered high.


Financial Health

How is Fitipower Integrated Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 4961's short term assets (NT$13.4B) exceed its short term liabilities (NT$6.9B).

Long Term Liabilities: 4961's short term assets (NT$13.4B) exceed its long term liabilities (NT$213.7M).


Debt to Equity History and Analysis

Debt Level: 4961's debt to equity ratio (29.9%) is considered satisfactory.

Reducing Debt: 4961's debt to equity ratio has increased from 27.1% to 29.9% over the past 5 years.

Debt Coverage: 4961's debt is well covered by operating cash flow (93.5%).

Interest Coverage: 4961 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fitipower Integrated Technology current dividend yield, its reliability and sustainability?

1.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 4961's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.03%).

High Dividend: 4961's dividend (1.31%) is low compared to the top 25% of dividend payers in the TW market (5.31%).


Stability and Growth of Payments

Stable Dividend: 4961 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 4961's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.3%), 4961's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Fitipower Integrated Technology has no CEO, or we have no data on them.


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 been diluted in the past year, with total shares outstanding growing by 12.7%.


Top Shareholders

Company Information

Fitipower Integrated Technology Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fitipower Integrated Technology Inc.
  • Ticker: 4961
  • Exchange: TWSE
  • Founded: 1995
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$35.560b
  • Shares outstanding: 186.18m
  • Website: https://www.fitipower.com

Number of Employees


Location

  • Fitipower Integrated Technology Inc.
  • Hsinchu Science Park
  • 3rd Floor
  • Hsinchu City
  • 30078
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:47
End of Day Share Price2021/10/19 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.