8150 Stock Overview
ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in Taiwan, Japan, Singapore, and internationally.
ChipMOS TECHNOLOGIES Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$47.60|
|52 Week High||NT$61.40|
|52 Week Low||NT$32.65|
|1 Month Change||-1.04%|
|3 Month Change||5.31%|
|1 Year Change||27.79%|
|3 Year Change||86.67%|
|5 Year Change||63.79%|
|Change since IPO||1.14%|
Recent News & Updates
|8150||TW Semiconductor||TW Market|
Return vs Industry: 8150 exceeded the TW Semiconductor industry which returned 4.3% over the past year.
Return vs Market: 8150 exceeded the TW Market which returned 13% over the past year.
|8150 Average Weekly Movement||4.0%|
|Semiconductor Industry Average Movement||5.8%|
|Market Average Movement||4.3%|
|10% most volatile stocks in TW Market||8.5%|
|10% least volatile stocks in TW Market||1.7%|
Stable Share Price: 8150 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 8150's weekly volatility (4%) has been stable over the past year.
About the Company
ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in Taiwan, Japan, Singapore, and internationally. The company operates through Testing; Assembly; Testing and Assembly for LCD, OLED and other Display Panel Driver Semiconductors; Bumping; and Other segments.
ChipMOS TECHNOLOGIES Fundamentals Summary
|8150 fundamental statistics|
Is 8150 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8150 income statement (TTM)|
|Cost of Revenue||NT$19.89b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.95|
|Net Profit Margin||16.08%|
How did 8150 perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Is ChipMOS TECHNOLOGIES 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: 8150 (NT$47.6) is trading below our estimate of fair value (NT$82.46)
Significantly Below Fair Value: 8150 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8150 is good value based on its PE Ratio (8x) compared to the TW Semiconductor industry average (20.2x).
PE vs Market: 8150 is good value based on its PE Ratio (8x) compared to the TW market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: 8150 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 8150 is good value based on its PB Ratio (1.5x) compared to the TW Semiconductor industry average (2.9x).
How is ChipMOS TECHNOLOGIES forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8150's forecast earnings growth (6.3% per year) is above the savings rate (0.8%).
Earnings vs Market: 8150's earnings (6.3% per year) are forecast to grow slower than the TW market (9.7% per year).
High Growth Earnings: 8150's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8150's revenue (5.9% per year) is forecast to grow slower than the TW market (10.1% per year).
High Growth Revenue: 8150's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8150's Return on Equity is forecast to be low in 3 years time (19.2%).
How has ChipMOS TECHNOLOGIES performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8150 has high quality earnings.
Growing Profit Margin: 8150's current net profit margins (16.1%) are higher than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: 8150's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: 8150's earnings growth over the past year (95.7%) exceeds its 5-year average (21.3% per year).
Earnings vs Industry: 8150 earnings growth over the past year (95.7%) exceeded the Semiconductor industry 65.9%.
Return on Equity
High ROE: 8150's Return on Equity (18.9%) is considered low.
How is ChipMOS TECHNOLOGIES's financial position?
Financial Position Analysis
Short Term Liabilities: 8150's short term assets (NT$15.1B) exceed its short term liabilities (NT$6.9B).
Long Term Liabilities: 8150's short term assets (NT$15.1B) exceed its long term liabilities (NT$9.6B).
Debt to Equity History and Analysis
Debt Level: 8150's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 8150's debt to equity ratio has reduced from 55.5% to 43.4% over the past 5 years.
Debt Coverage: 8150's debt is well covered by operating cash flow (73%).
Interest Coverage: 8150's interest payments on its debt are well covered by EBIT (48x coverage).
What is ChipMOS TECHNOLOGIES current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8150's dividend (4.62%) is higher than the bottom 25% of dividend payers in the TW market (1.9%).
High Dividend: 8150's dividend (4.62%) is low compared to the top 25% of dividend payers in the TW market (5.08%).
Stability and Growth of Payments
Stable Dividend: 8150 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8150 has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37%), 8150's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 8150's dividends in 3 years are forecast to be covered by earnings (58.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shih-Jye Cheng (63 yo)
Mr. Shih-Jye Cheng has been the President at Chipmos Technologies Inc. since July 17, 1998. Mr. Cheng served as the Chief Executive Officer of ChipMOS Technologies (Bermuda) Ltd. since August 2000 and serv...
Experienced Management: 8150's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: 8150's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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.
ChipMOS TECHNOLOGIES INC.'s employee growth, exchange listings and data sources
- Name: ChipMOS TECHNOLOGIES INC.
- Ticker: 8150
- Exchange: TWSE
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: NT$34.617b
- Shares outstanding: 727.24m
- Website: https://www.chipmos.com
Number of Employees
- ChipMOS TECHNOLOGIES INC.
- No. 1, R&D Road 1
- Hsinchu Science Park
- Hsinchu City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/22 08:33|
|End of Day Share Price||2022/01/21 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.