Unimicron Technology Corporation engages in the development, manufacturing, processing, and sale of printed circuit boards, HDIs, FPCs, RFs, and IC carriers.
Solid track record with reasonable growth potential.
Share Price & News
How has Unimicron Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3037's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 3037 exceeded the TW Electronic industry which returned -17.2% over the past year.
Return vs Market: 3037 underperformed the TW Market which returned -10.3% over the past year.
Price Volatility Vs. Market
How volatile is Unimicron Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StUnimicron Technology Corporation (TPE:3037) Just Reported, And Analysts Assigned A NT$42.76 Price Target
2 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Unimicron Technology Corporation's (TPE:3037) P/E Ratio
2 weeks ago | Simply Wall StDoes Unimicron Technology's (TPE:3037) Share Price Gain of 73% Match Its Business Performance?
Is Unimicron Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3037 (NT$31.7) is trading above our estimate of fair value (NT$28.51)
Significantly Below Fair Value: 3037 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3037 is poor value based on its PE Ratio (14.2x) compared to the Electronic industry average (13.3x).
PE vs Market: 3037 is poor value based on its PE Ratio (14.2x) compared to the TW market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: 3037 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 3037 is overvalued based on its PB Ratio (1.1x) compared to the TW Electronic industry average (1.1x).
How is Unimicron Technology forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3037's forecast earnings growth (29.3% per year) is above the savings rate (0.7%).
Earnings vs Market: 3037's earnings (29.3% per year) are forecast to grow faster than the TW market (11.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3037's revenue (7.9% per year) is forecast to grow faster than the TW market (7% per year).
High Growth Revenue: 3037's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3037's Return on Equity is forecast to be low in 3 years time (12.1%).
How has Unimicron Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3037 has high quality earnings.
Growing Profit Margin: 3037's current net profit margins (3.9%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: 3037's earnings have grown significantly by 61.9% per year over the past 5 years.
Accelerating Growth: 3037's earnings growth over the past year (91.2%) exceeds its 5-year average (61.9% per year).
Earnings vs Industry: 3037 earnings growth over the past year (91.2%) exceeded the Electronic industry -3%.
Return on Equity
High ROE: 3037's Return on Equity (6.8%) is considered low.
How is Unimicron Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3037's short term assets (NT$50.0B) exceed its short term liabilities (NT$36.2B).
Long Term Liabilities: 3037's short term assets (NT$50.0B) exceed its long term liabilities (NT$25.6B).
Debt to Equity History and Analysis
Debt Level: 3037's debt to equity ratio (74.4%) is considered high.
Reducing Debt: 3037's debt to equity ratio has increased from 71.2% to 74.4% over the past 5 years.
Debt Coverage: 3037's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 3037's interest payments on its debt are well covered by EBIT (5x coverage).
Inventory Level: 3037 has a high level of physical assets or inventory.
Debt Coverage by Assets: 3037's debt is covered by short term assets (assets are 1.4x debt).
What is Unimicron Technology's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3037's dividend (2.52%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (3.27%).
High Dividend: 3037's dividend (2.52%) is low compared to the top 25% of dividend payers in the TW market (7.1%).
Stability and Growth of Payments
Stable Dividend: 3037's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3037's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.7%), 3037's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3037's dividends in 3 years are forecast to be well covered by earnings (48.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tzyy Jang Tseng
Mr. Tzyy Jang Tseng serves as the Chairman of the Board and Chief Executive Officer of Unimicron Technology Corp. and serves as its President. Mr. Tseng serves as Director at Unimicron Technology Corporati ...
|Chairman||no data||no data||0.93% NT$427.8m|
|President of Operations & Director||no data||no data||0.019% NT$8.7m|
|Director & President of SBU||5.83yrs||no data||no data|
|Director||5.33yrs||no data||no data|
|Independent Director||2.83yrs||no data||no data|
|Director||11.33yrs||no data||no data|
|Member of the Supervisory Board||no data||no data||no data|
|Independent Director||8.83yrs||no data||no data|
|Director||17.83yrs||no data||no data|
|Independent Director||2.83yrs||no data||no data|
Experienced Board: 3037's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.
Unimicron Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: Unimicron Technology Corporation
- Ticker: 3037
- Exchange: TSEC
- Founded: 1990
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$46.144b
- Shares outstanding: 1.46b
- Website: https://www.unimicron.com
Number of Employees
- Unimicron Technology Corporation
- No. 38, Hsingpong Road
- Guishan Industrial Park District
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3037||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Sep 1999|
Unimicron Technology Corporation engages in the development, manufacturing, processing, and sale of printed circuit boards, HDIs, FPCs, RFs, and IC carriers. It also provides IC testing services, as well as connectors, and TP and ECRM. The company was founded in 1990 and is headquartered in Taoyuan, Taiwan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 15:45|
|End of Day Share Price||2020/04/01 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.