Financials ChipMOS TECHNOLOGIES INC.

Equities

8150

TW0008150004

Semiconductor Equipment & Testing

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
46.6 TWD +0.87% Intraday chart for ChipMOS TECHNOLOGIES INC. +2.08% +10.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 24,908 24,981 35,344 24,363 30,726 33,889 -
Enterprise Value (EV) 1 24,908 24,981 39,194 28,207 31,078 35,332 31,526
P/E ratio 9.76 x 10.7 x 6.98 x 7.22 x 16.3 x 13.3 x 8.89 x
Yield 5.26% 6.4% 4.53% 6.87% 4.26% 4.68% 5.43%
Capitalization / Revenue 1.22 x 1.09 x 1.29 x 1.04 x 1.44 x 1.44 x 1.34 x
EV / Revenue 1.22 x 1.09 x 1.43 x 1.2 x 1.46 x 1.5 x 1.25 x
EV / EBITDA 4.12 x 3.23 x 3.84 x 3.54 x 4.65 x 4.24 x 3.45 x
EV / FCF 43.4 x 12.1 x 25.1 x 7.06 x 8.59 x 9.73 x 5.85 x
FCF Yield 2.3% 8.27% 3.98% 14.2% 11.6% 10.3% 17.1%
Price to Book 1.27 x 1.2 x 1.45 x 0.98 x 1.24 x 1.33 x 1.2 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 46.60 46.60
Announcement Date 3/10/20 3/16/21 2/24/22 2/23/23 2/22/24 - -
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 23,583 25,211
EBITDA 1 6,053 7,742 10,197 7,969 6,686 8,327 9,145
EBIT 1 2,457 3,567 5,562 3,217 1,915 2,893 3,942
Operating Margin 12.08% 15.5% 20.3% 13.68% 8.97% 12.27% 15.63%
Earnings before Tax (EBT) 1 3,030 2,973 6,036 4,028 2,245 3,090 4,393
Net income 1 2,584 2,367 5,059 3,372 1,893 2,551 3,811
Net margin 12.71% 10.29% 18.46% 14.34% 8.87% 10.82% 15.12%
EPS 2 3.510 3.210 6.960 4.640 2.600 3.507 5.242
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% 15.39% 21.38%
FCF Conversion (EBITDA) 9.48% 26.69% 15.29% 50.13% 54.1% 43.59% 58.94%
FCF Conversion (Net income) 22.2% 87.28% 30.81% 118.46% 191.04% 142.28% 141.41%
Dividend per Share 2 1.800 2.200 2.200 2.300 1.800 2.180 2.529
Announcement Date 3/10/20 3/16/21 2/24/22 2/23/23 2/22/24 - -
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 5,707 6,330 6,400 5,721
EBITDA 1 3,851 2,490 2,421 2,474 1,597 1,477 1,383 1,731 - 1,870 1,559 1,918 2,158 2,255 1,862
EBIT 1 1,528 1,336 1,232 1,277 397.2 310.4 185.4 521.4 487.1 720.9 444.7 661.3 827.7 935 717
Operating Margin 21.33% 19.66% 18.32% 18.64% 7.56% 6.62% 4.03% 9.58% 8.73% 12.59% 8.64% 11.59% 13.08% 14.61% 12.53%
Earnings before Tax (EBT) 1 1,675 1,655 1,461 1,586 800.5 180.3 228.9 743.7 718 554.7 492.7 713 888.7 996.3 854.1
Net income 1 1,399 1,418 1,225 1,321 671.8 154.9 202.4 628.5 580.6 482 406.7 588.3 734 821.7 706.5
Net margin 19.53% 20.87% 18.21% 19.27% 12.79% 3.31% 4.39% 11.54% 10.4% 8.42% 7.9% 10.31% 11.6% 12.84% 12.35%
EPS 2 1.910 1.950 1.660 1.800 0.9200 0.2200 0.2800 0.8600 0.8000 0.6600 0.5600 0.8100 1.010 1.133 0.9728
Dividend per Share 2 - - - - - - - - - 1.800 - - 1.315 0.001370 -
Announcement Date 11/8/21 2/24/22 5/5/22 8/4/22 11/3/22 2/23/23 5/4/23 8/3/23 11/2/23 2/22/24 - - - - -
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 0.1733 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 44,288 44,841
Book Value Per Share 2 27.00 28.60 33.50 34.10 34.20 35.00 39.00
Cash Flow per Share - 8.060 10.10 11.60 - - -
Capex 1 5,441 3,874 5,761 4,622 2,990 2,950 4,359
Capex / Sales 26.75% 16.83% 21.03% 19.65% 14% 12.51% 17.29%
Announcement Date 3/10/20 3/16/21 2/24/22 2/23/23 2/22/24 - -
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
46.6 TWD
Average target price
50.5 TWD
Spread / Average Target
+8.37%
Consensus
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  4. Financials ChipMOS TECHNOLOGIES INC.