Financials ChipMOS TECHNOLOGIES INC.

Equities

8150

TW0008150004

Semiconductor Equipment & Testing

End-of-day quote Taiwan S.E. 23:00:00 06/05/2024 BST 5-day change 1st Jan Change
45.6 TWD +0.44% Intraday chart for ChipMOS TECHNOLOGIES INC. -2.98% +7.93%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 24,908 24,981 35,344 24,363 30,726 33,162 -
Enterprise Value (EV) 1 24,908 24,981 39,194 28,207 31,078 34,605 30,799
P/E ratio 9.76 x 10.7 x 6.98 x 7.22 x 16.3 x 12.5 x 8.7 x
Yield 5.26% 6.4% 4.53% 6.87% 4.26% 3.82% 5.51%
Capitalization / Revenue 1.22 x 1.09 x 1.29 x 1.04 x 1.44 x 1.34 x 1.24 x
EV / Revenue 1.22 x 1.09 x 1.43 x 1.2 x 1.46 x 1.4 x 1.15 x
EV / EBITDA 4.12 x 3.23 x 3.84 x 3.54 x 4.65 x 4.26 x 3.32 x
EV / FCF 43.4 x 12.1 x 25.1 x 7.06 x 8.59 x 9.53 x 5.71 x
FCF Yield 2.3% 8.27% 3.98% 14.2% 11.6% 10.5% 17.5%
Price to Book 1.27 x 1.2 x 1.45 x 0.98 x 1.24 x 1.28 x 1.17 x
Nbr of stocks (in thousands) 727,240 727,240 727,240 727,240 727,240 727,240 -
Reference price 2 34.25 34.35 48.60 33.50 42.25 45.60 45.60
Announcement Date 10/03/20 16/03/21 24/02/22 23/02/23 22/02/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 20,338 23,011 27,400 23,517 21,356 24,728 26,830
EBITDA 1 6,053 7,742 10,197 7,969 6,686 8,116 9,279
EBIT 1 2,457 3,567 5,562 3,217 1,915 2,896 4,076
Operating Margin 12.08% 15.5% 20.3% 13.68% 8.97% 11.71% 15.19%
Earnings before Tax (EBT) 1 3,030 2,973 6,036 4,028 2,245 3,193 4,389
Net income 1 2,584 2,367 5,059 3,372 1,893 2,644 3,809
Net margin 12.71% 10.29% 18.46% 14.34% 8.87% 10.69% 14.2%
EPS 2 3.510 3.210 6.960 4.640 2.600 3.635 5.238
Free Cash Flow 1 573.7 2,066 1,559 3,994 3,617 3,630 5,390
FCF margin 2.82% 8.98% 5.69% 16.99% 16.94% 14.68% 20.09%
FCF Conversion (EBITDA) 9.48% 26.69% 15.29% 50.13% 54.1% 44.72% 58.09%
FCF Conversion (Net income) 22.2% 87.28% 30.81% 118.46% 191.04% 137.26% 141.51%
Dividend per Share 2 1.800 2.200 2.200 2.300 1.800 1.742 2.511
Announcement Date 10/03/20 16/03/21 24/02/22 23/02/23 22/02/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 7,161 6,791 6,725 6,852 5,254 4,686 4,605 5,444 5,582 5,725 5,419 5,852 6,613 6,844 6,087
EBITDA 1 3,851 2,490 2,421 2,474 1,597 1,477 1,383 1,731 - 1,870 1,803 1,906 2,050 2,146 2,045
EBIT 1 1,528 1,336 1,232 1,277 397.2 310.4 185.4 521.4 487.1 720.9 478.6 664 826.2 927.3 808.8
Operating Margin 21.33% 19.66% 18.32% 18.64% 7.56% 6.62% 4.03% 9.58% 8.73% 12.59% 9.3% 11.35% 12.49% 13.55% 13.29%
Earnings before Tax (EBT) 1 1,675 1,655 1,461 1,586 800.5 180.3 228.9 743.7 718 554.7 537 739.2 911.4 1,006 898.3
Net income 1 1,399 1,418 1,225 1,321 671.8 154.9 202.4 628.5 580.6 482 444.8 612 755 832.2 743.3
Net margin 19.53% 20.87% 18.21% 19.27% 12.79% 3.31% 4.39% 11.54% 10.4% 8.42% 8.64% 10.46% 11.42% 12.16% 12.21%
EPS 2 1.910 1.950 1.660 1.800 0.9200 0.2200 0.2800 0.8600 0.8000 0.6600 0.6123 0.8423 1.039 1.147 1.024
Dividend per Share 2 - - - - - - - - - 1.800 - - 1.302 0.001370 -
Announcement Date 08/11/21 24/02/22 05/05/22 04/08/22 03/11/22 23/02/23 04/05/23 03/08/23 02/11/23 22/02/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - 3,850 3,844 353 1,443 -
Net Cash position 1 - - - - - - 2,363
Leverage (Debt/EBITDA) - - 0.3776 x 0.4824 x 0.0527 x 0.1778 x -
Free Cash Flow 1 574 2,066 1,559 3,994 3,617 3,630 5,390
ROE (net income / shareholders' equity) 13.7% 11.4% 22.4% 13.7% 7.62% 11% 14%
ROA (Net income/ Total Assets) 7.66% 6.82% 13% 7.71% 4.16% 5.76% 8.5%
Assets 1 33,736 34,693 38,802 43,733 45,551 45,907 44,811
Book Value Per Share 2 27.00 28.60 33.50 34.10 34.20 35.50 38.90
Cash Flow per Share - 8.060 10.10 11.60 - - -
Capex 1 5,441 3,874 5,761 4,622 2,990 3,609 4,359
Capex / Sales 26.75% 16.83% 21.03% 19.65% 14% 14.59% 16.25%
Announcement Date 10/03/20 16/03/21 24/02/22 23/02/23 22/02/24 - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
45.4 TWD
Average target price
51.75 TWD
Spread / Average Target
+13.99%
Consensus
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  4. Financials ChipMOS TECHNOLOGIES INC.