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Market Cap

US$4.8b

Last Updated

2021/05/06 22:24 UTC

Data Sources

Company Financials +

Executive Summary

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and rest of the Asia Pacific. More Details


Snowflake Analysis

Very undervalued with solid track record.


Similar Companies

Share Price & News

How has Amkor Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMKR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: AMKR's weekly volatility (11%) has been stable over the past year.


Market Performance


7 Day Return

-5.2%

AMKR

-4.7%

US Semiconductor

-1.7%

US Market


1 Year Return

103.3%

AMKR

65.6%

US Semiconductor

51.8%

US Market

Return vs Industry: AMKR exceeded the US Semiconductor industry which returned 66% over the past year.

Return vs Market: AMKR exceeded the US Market which returned 52.8% over the past year.


Shareholder returns

AMKRIndustryMarket
7 Day-5.2%-4.7%-1.7%
30 Day-22.4%-6.0%1.5%
90 Day11.4%1.1%3.1%
1 Year104.1%103.3%68.1%65.6%54.4%51.8%
3 Year130.0%129.0%102.2%92.0%63.0%52.8%
5 Year263.0%261.5%339.1%297.0%127.2%101.9%

Long-Term Price Volatility Vs. Market

How volatile is Amkor Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Amkor 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: AMKR ($19.88) is trading below our estimate of fair value ($45.35)

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


Price To Earnings Ratio

PE vs Industry: AMKR is good value based on its PE Ratio (12.2x) compared to the US Semiconductor industry average (37.1x).

PE vs Market: AMKR is good value based on its PE Ratio (12.2x) compared to the US market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: AMKR is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: AMKR is good value based on its PB Ratio (2x) compared to the US Semiconductor industry average (4.7x).


Future Growth

How is Amkor Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMKR's forecast earnings growth (14.3% per year) is above the savings rate (2%).

Earnings vs Market: AMKR's earnings (14.3% per year) are forecast to grow slower than the US market (15.7% per year).

High Growth Earnings: AMKR's earnings are forecast to grow, but not significantly.

Revenue vs Market: AMKR's revenue (7% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: AMKR's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AMKR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Amkor Technology performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMKR has high quality earnings.

Growing Profit Margin: AMKR's current net profit margins (7.5%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: AMKR's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: AMKR's earnings growth over the past year (89.8%) exceeds its 5-year average (19.7% per year).

Earnings vs Industry: AMKR earnings growth over the past year (89.8%) exceeded the Semiconductor industry 45.7%.


Return on Equity

High ROE: AMKR's Return on Equity (16.1%) is considered low.


Financial Health

How is Amkor Technology's financial position?


Financial Position Analysis

Short Term Liabilities: AMKR's short term assets ($2.1B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: AMKR's short term assets ($2.1B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: AMKR's debt to equity ratio (44.2%) is considered high.

Reducing Debt: AMKR's debt to equity ratio has reduced from 123.3% to 44.2% over the past 5 years.

Debt Coverage: AMKR's debt is well covered by operating cash flow (78.2%).

Interest Coverage: AMKR's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet


Dividend

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

0.80%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AMKR's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: AMKR's dividend (0.8%) is low compared to the top 25% of dividend payers in the US market (3.42%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether AMKR's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if AMKR's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (4.9%), AMKR'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?

1.9yrs

Average management tenure


CEO

Giel Rutten (63 yo)

0.92

Tenure

US$9,736,145

Compensation

Mr. Giel Rutten serves as President, Chief Executive Officer and Director at Amkor Technology, Inc. since June 2020 and served as its Executive Vice President since February 2020 until June 2020. Mr. Rutte...


CEO Compensation Analysis

Compensation vs Market: Giel's total compensation ($USD9.74M) is above average for companies of similar size in the US market ($USD6.47M).

Compensation vs Earnings: Giel's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: AMKR's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: AMKR's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AMKR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Amkor Technology, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Amkor Technology, Inc.
  • Ticker: AMKR
  • Exchange: NasdaqGS
  • Founded: 1968
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$4.840b
  • Shares outstanding: 244.18m
  • Website: https://amkor.com

Number of Employees


Location

  • Amkor Technology, Inc.
  • 2045 East Innovation Circle
  • Tempe
  • Arizona
  • 85284
  • United States

Listings


Biography

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and rest of the Asia Pacific. It offers turnkey packaging ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 22:24
End of Day Share Price2021/05/06 00:00
Earnings2021/03/31
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.