| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
6239 Stock Overview
Powertech Technology Inc., together with its subsidiaries, researches, designs, develops, assembles, manufactures, packages, tests, and sells various integrated circuit (IC) products primarily in Taiwan.
Powertech Technology Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$96.80 |
| 52 Week High | NT$117.00 |
| 52 Week Low | NT$92.00 |
| Beta | 0.77 |
| 1 Month Change | 0.10% |
| 3 Month Change | -12.00% |
| 1 Year Change | -3.68% |
| 3 Year Change | 38.09% |
| 5 Year Change | 8.76% |
| Change since IPO | 1,473.92% |
Recent News & Updates
At NT$112, Is It Time To Put Powertech Technology Inc. (TPE:6239) On Your Watch List?
Powertech Technology Inc. ( TPE:6239 ), is not the largest company out there, but it saw a decent share price growth in...
Shareholder Returns
| 6239 | TW Semiconductor | TW Market | |
|---|---|---|---|
| 7D | -0.4% | 2.2% | 2.1% |
| 1Y | -3.7% | 26.2% | 24.9% |
Return vs Industry: 6239 underperformed the TW Semiconductor industry which returned 29.5% over the past year.
Return vs Market: 6239 underperformed the TW Market which returned 25.8% over the past year.
Price Volatility
| 6239 volatility | |
|---|---|
| 6239 Average Weekly Movement | 3.5% |
| Semiconductor Industry Average Movement | 6.6% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in TW Market | 8.5% |
| 10% least volatile stocks in TW Market | 1.9% |
Stable Share Price: 6239 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 6239's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | Boris Hsieh | https://www.pti.com.tw |
Powertech Technology Inc., together with its subsidiaries, researches, designs, develops, assembles, manufactures, packages, tests, and sells various integrated circuit (IC) products primarily in Taiwan. The company offers packaging and testing services, such as high pin-count thin small outline package, multi-chip packaging (MCP, S-MCP), ball grid array (wBGA, FBGA) IC, solid state drive(SSD) embedded memory (eMMC, eMCP, UFS), DRAM chip-stacking, mobile memory, Package on Package/Package in Package, CMOS image sensor, and fan-out panel level, as well as secured digital memory Card (SD, microSD) USB. It also provides Quad Flat No-leads, wafer bumping, System-in-Package, wafer level chip scale package, flip-chip, copper pillar bump flip chip, electro-magnetic interference shield package, and module and system packaging services; and wafer testing and redistribution layer services.
Powertech Technology Fundamentals Summary
| 6239 fundamental statistics | |
|---|---|
| Market Cap | NT$74.45b |
| Earnings (TTM) | NT$8.06b |
| Revenue (TTM) | NT$80.39b |
9.2x
P/E Ratio0.9x
P/S RatioIs 6239 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 6239 income statement (TTM) | |
|---|---|
| Revenue | NT$80.39b |
| Cost of Revenue | NT$62.49b |
| Gross Profit | NT$17.90b |
| Expenses | NT$9.84b |
| Earnings | NT$8.06b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 10.48 |
| Gross Margin | 22.27% |
| Net Profit Margin | 10.03% |
| Debt/Equity Ratio | 51.0% |
How did 6239 perform over the long term?
See historical performance and comparisonDividends
5.2%
Current Dividend Yield48%
Payout RatioValuation
Is Powertech 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: 6239 (NT$96.8) is trading below our estimate of fair value (NT$216.8)
Significantly Below Fair Value: 6239 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6239 is good value based on its PE Ratio (9.2x) compared to the TW Semiconductor industry average (21.3x).
PE vs Market: 6239 is good value based on its PE Ratio (9.2x) compared to the TW market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: 6239 is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 6239 is good value based on its PB Ratio (1.5x) compared to the TW Semiconductor industry average (3.1x).
Future Growth
How is Powertech Technology forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
9.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6239's forecast earnings growth (9.5% per year) is above the savings rate (0.8%).
Earnings vs Market: 6239's earnings (9.5% per year) are forecast to grow faster than the TW market (9.3% per year).
High Growth Earnings: 6239's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6239's revenue (8% per year) is forecast to grow slower than the TW market (9.7% per year).
High Growth Revenue: 6239's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6239's Return on Equity is forecast to be low in 3 years time (18.2%).
Past Performance
How has Powertech Technology performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6239 has high quality earnings.
Growing Profit Margin: 6239's current net profit margins (10%) are higher than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: 6239's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 6239's earnings growth over the past year (13.8%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: 6239 earnings growth over the past year (13.8%) underperformed the Semiconductor industry 66.2%.
Return on Equity
High ROE: 6239's Return on Equity (17.2%) is considered low.
Financial Health
How is Powertech Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6239's short term assets (NT$49.2B) exceed its short term liabilities (NT$19.5B).
Long Term Liabilities: 6239's short term assets (NT$49.2B) exceed its long term liabilities (NT$32.8B).
Debt to Equity History and Analysis
Debt Level: 6239's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 6239's debt to equity ratio has increased from 44.2% to 51% over the past 5 years.
Debt Coverage: 6239's debt is well covered by operating cash flow (76.7%).
Interest Coverage: 6239's interest payments on its debt are well covered by EBIT (74.4x coverage).
Balance Sheet
Dividend
What is Powertech Technology current dividend yield, its reliability and sustainability?
5.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6239's dividend (5.17%) is higher than the bottom 25% of dividend payers in the TW market (1.83%).
High Dividend: 6239's dividend (5.17%) is in the top 25% of dividend payers in the TW market (5.12%)
Stability and Growth of Payments
Stable Dividend: 6239's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6239's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.9%), 6239's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6239's dividends in 3 years are forecast to be covered by earnings (55.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Boris Hsieh
1.17yrs
Tenure
Mr. Boris Hsieh is the Chief Executive Officer of Powertech Technology Inc since October 1, 2020. He has been Representative Director of Greatek Electronics Inc. since April 3, 2012. He is Chief Executive...
Leadership Team
Experienced Management: 6239's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: 6239's board of directors are considered experienced (4.6 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Powertech Technology Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Powertech Technology Inc.
- Ticker: 6239
- Exchange: TWSE
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$74.453b
- Shares outstanding: 769.15m
- Website: https://www.pti.com.tw
Number of Employees
Location
- Powertech Technology Inc.
- Hsinchu Industrial Park
- 10 Datong Road
- Hsinchu City
- 30352
- Taiwan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/06 15:42 |
| End of Day Share Price | 2021/12/06 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.