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AMKR

Amkor Technology NasdaqGS:AMKR Stock Report

Last Price

US$15.44

Market Cap

US$3.8b

7D

-10.7%

1Y

-33.2%

Updated

01 Jul, 2022

Data

Company Financials +
AMKR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends2/6

AMKR Stock Overview

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

Amkor Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Amkor Technology
Historical stock prices
Current Share PriceUS$15.44
52 Week HighUS$29.50
52 Week LowUS$15.32
Beta1.51
1 Month Change-23.90%
3 Month Change-27.55%
1 Year Change-33.19%
3 Year Change108.65%
5 Year Change57.07%
Change since IPO15.98%

Recent News & Updates

Jun 24

Amkor Technology: The Pros Outweigh The Cons

The charts have been leaning bearish for quite some time and they appear to have made a turn for the worse in recent days. Earnings are expected to take a dip after a record-setting quarter, but there is reason to believe a rebound is not that far away. Multiples for AMKR are arguably already too low and they will only get lower the more the stock keeps declining. The stock is likely heading lower in the short term, but valuations in combination with a likely second half rebound makes long AMKR worth it.

Jun 22
If EPS Growth Is Important To You, Amkor Technology (NASDAQ:AMKR) Presents An Opportunity

If EPS Growth Is Important To You, Amkor Technology (NASDAQ:AMKR) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Shareholder Returns

AMKRUS SemiconductorUS Market
7D-10.7%-9.5%-2.5%
1Y-33.2%-24.2%-21.2%

Return vs Industry: AMKR underperformed the US Semiconductor industry which returned -20.9% over the past year.

Return vs Market: AMKR underperformed the US Market which returned -21.7% over the past year.

Price Volatility

Is AMKR's price volatile compared to industry and market?
AMKR volatility
AMKR Average Weekly Movement7.4%
Semiconductor Industry Average Movement8.5%
Market Average Movement8.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: AMKR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AMKR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196830,400Giel Ruttenhttps://amkor.com

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the rest of the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, and test and drop shipment services. The company also provides flip chip-scale package products for use in smartphones, tablets, and other mobile consumer electronic devices; flip-chip stacked chip-scale packages that are used to stack memory on top of digital baseband, and as applications processors in mobile devices; and flip-chip ball grid array packages for various networking, storage, computing, and consumer applications.

Amkor Technology Fundamentals Summary

How do Amkor Technology's earnings and revenue compare to its market cap?
AMKR fundamental statistics
Market CapUS$3.78b
Earnings (TTM)US$693.85m
Revenue (TTM)US$6.41b

5.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMKR income statement (TTM)
RevenueUS$6.41b
Cost of RevenueUS$5.12b
Gross ProfitUS$1.29b
Other ExpensesUS$591.50m
EarningsUS$693.85m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.83
Gross Margin20.06%
Net Profit Margin10.83%
Debt/Equity Ratio39.8%

How did AMKR perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

6%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is AMKR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMKR?

Other financial metrics that can be useful for relative valuation.

AMKR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA2.9x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does AMKR's PE Ratio compare to its peers?

AMKR PE Ratio vs Peers
The above table shows the PE ratio for AMKR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26x
CCMP CMC Materials
44.2xn/aUS$4.9b
MKSI MKS Instruments
9.4x7.7%US$5.4b
FORM FormFactor
28.5x18.5%US$2.7b
NVMI Nova
21.9x8.9%US$2.4b
AMKR Amkor Technology
5.4x5.0%US$3.8b

Price-To-Earnings vs Peers: AMKR is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (26x).


Price to Earnings Ratio vs Industry

How does AMKR's PE Ratio compare vs other companies in the US Semiconductor Industry?

Price-To-Earnings vs Industry: AMKR is good value based on its Price-To-Earnings Ratio (5.4x) compared to the US Semiconductor industry average (17.4x)


Price to Earnings Ratio vs Fair Ratio

What is AMKR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMKR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.4x
Fair PE Ratio17.5x

Price-To-Earnings vs Fair Ratio: AMKR is good value based on its Price-To-Earnings Ratio (5.4x) compared to the estimated Fair Price-To-Earnings Ratio (17.5x).


Share Price vs Fair Value

What is the Fair Price of AMKR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMKR ($15.44) is trading below our estimate of fair value ($54.03)

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


Price to Earnings Growth Ratio

PEG Ratio: AMKR is poor value based on its PEG Ratio (1.1x)


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Future Growth

How is Amkor Technology forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


5.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMKR's forecast earnings growth (5% per year) is above the savings rate (1.9%).

Earnings vs Market: AMKR's earnings (5% per year) are forecast to grow slower than the US market (13.6% per year).

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

Revenue vs Market: AMKR's revenue (4.4% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: AMKR's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMKR's Return on Equity is forecast to be low in 3 years time (18.5%).


Discover growth companies

Past Performance

How has Amkor Technology performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


27.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMKR has high quality earnings.

Growing Profit Margin: AMKR's current net profit margins (10.8%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: AMKR's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: AMKR's earnings growth over the past year (76.1%) exceeds its 5-year average (27.6% per year).

Earnings vs Industry: AMKR earnings growth over the past year (76.1%) exceeded the Semiconductor industry 70.4%.


Return on Equity

High ROE: AMKR's Return on Equity (22.3%) is considered high.


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Financial Health

How is Amkor Technology's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AMKR's short term assets ($2.9B) exceed its short term liabilities ($1.6B).

Long Term Liabilities: AMKR's short term assets ($2.9B) exceed its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: AMKR's net debt to equity ratio (2.6%) is considered satisfactory.

Reducing Debt: AMKR's debt to equity ratio has reduced from 108% to 39.8% over the past 5 years.

Debt Coverage: AMKR's debt is well covered by operating cash flow (89.3%).

Interest Coverage: AMKR's interest payments on its debt are well covered by EBIT (16.1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.30%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AMKR's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.61%).

High Dividend: AMKR's dividend (1.3%) is low compared to the top 25% of dividend payers in the US market (4.3%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AMKR has been paying a dividend for less than 10 years.

Growing Dividend: AMKR's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (6.3%), AMKR's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.3%), AMKR's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.5yrs

Average management tenure


CEO

Giel Rutten (65 yo)

2yrs

Tenure

US$3,832,635

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 ($USD3.83M) is below average for companies of similar size in the US market ($USD6.90M).

Compensation vs Earnings: Giel's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AMKR's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: AMKR's board of directors are considered experienced (7.3 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.


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 employee growth, exchange listings and data sources


Key Information

  • Name: Amkor Technology, Inc.
  • Ticker: AMKR
  • Exchange: NasdaqGS
  • Founded: 1968
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: US$3.779b
  • Shares outstanding: 244.78m
  • Website: https://amkor.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.