AMKOR TECHNOLOGY INC (AMKR) Stock Fundamental Analysis
USA - NASDAQ:AMKR - US0316521006 - Common Stock
31.29 USD
-0.21 (-0.67%)
31.35 USD
+0.06 (+0.19%)
We assign a fundamental rating of 5 out of 10 to AMKR. AMKR was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. AMKR has an average financial health and profitability rating. AMKR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AMKR had positive earnings in the past year.
In the past year AMKR had a positive cash flow from operations.
In the past 5 years AMKR has always been profitable.
In the past 5 years AMKR always reported a positive cash flow from operatings.
1.2 Ratios
AMKR has a Return On Assets of 3.94%. This is in the better half of the industry: AMKR outperforms 65.18% of its industry peers.
Looking at the Return On Equity, with a value of 7.24%, AMKR is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
The Return On Invested Capital of AMKR (5.77%) is better than 67.86% of its industry peers.
AMKR had an Average Return On Invested Capital over the past 3 years of 9.33%. This is in line with the industry average of 10.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.94% | ||
| ROE | 7.24% | ||
| ROIC | 5.77% |
ROA(3y)7.21%
ROA(5y)7.8%
ROE(3y)12.83%
ROE(5y)14.98%
ROIC(3y)9.33%
ROIC(5y)10.58%
1.3 Margins
AMKR has a Profit Margin of 4.80%. This is comparable to the rest of the industry: AMKR outperforms 58.04% of its industry peers.
AMKR's Profit Margin has improved in the last couple of years.
AMKR has a Operating Margin (6.44%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AMKR has grown nicely.
Looking at the Gross Margin, with a value of 13.58%, AMKR is doing worse than 84.82% of the companies in the same industry.
AMKR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.44% | ||
| PM (TTM) | 4.8% | ||
| GM | 13.58% |
OM growth 3Y-17.77%
OM growth 5Y4.12%
PM growth 3Y-18.82%
PM growth 5Y13.44%
GM growth 3Y-9.56%
GM growth 5Y-1.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMKR is destroying value.
The number of shares outstanding for AMKR has been increased compared to 1 year ago.
The number of shares outstanding for AMKR has been increased compared to 5 years ago.
Compared to 1 year ago, AMKR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.01 indicates that AMKR is not in any danger for bankruptcy at the moment.
AMKR's Altman-Z score of 3.01 is in line compared to the rest of the industry. AMKR outperforms 43.75% of its industry peers.
The Debt to FCF ratio of AMKR is 5.86, which is a neutral value as it means it would take AMKR, 5.86 years of fcf income to pay off all of its debts.
AMKR's Debt to FCF ratio of 5.86 is in line compared to the rest of the industry. AMKR outperforms 57.14% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that AMKR is not too dependend on debt financing.
AMKR has a Debt to Equity ratio of 0.29. This is comparable to the rest of the industry: AMKR outperforms 41.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 5.86 | ||
| Altman-Z | 3.01 |
ROIC/WACC0.51
WACC11.37%
2.3 Liquidity
A Current Ratio of 1.89 indicates that AMKR should not have too much problems paying its short term obligations.
AMKR's Current ratio of 1.89 is on the low side compared to the rest of the industry. AMKR is outperformed by 73.21% of its industry peers.
A Quick Ratio of 1.70 indicates that AMKR should not have too much problems paying its short term obligations.
AMKR's Quick ratio of 1.70 is on the low side compared to the rest of the industry. AMKR is outperformed by 66.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
AMKR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.89%.
Measured over the past years, AMKR shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.09% on average per year.
AMKR shows a decrease in Revenue. In the last year, the revenue decreased by -1.20%.
The Revenue has been growing by 9.29% on average over the past years. This is quite good.
EPS 1Y (TTM)-16.89%
EPS 3Y-19.24%
EPS 5Y21.09%
EPS Q2Q%-18.52%
Revenue 1Y (TTM)-1.2%
Revenue growth 3Y0.96%
Revenue growth 5Y9.29%
Sales Q2Q%3.42%
3.2 Future
Based on estimates for the next years, AMKR will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.60% on average per year.
AMKR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.15% yearly.
EPS Next Y-16.4%
EPS Next 2Y6.23%
EPS Next 3Y12.6%
EPS Next 5YN/A
Revenue Next Year3.72%
Revenue Next 2Y5.02%
Revenue Next 3Y6.15%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
AMKR is valuated quite expensively with a Price/Earnings ratio of 25.44.
79.46% of the companies in the same industry are more expensive than AMKR, based on the Price/Earnings ratio.
AMKR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.40.
Based on the Price/Forward Earnings ratio of 20.09, the valuation of AMKR can be described as rather expensive.
78.57% of the companies in the same industry are more expensive than AMKR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.94. AMKR is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.44 | ||
| Fwd PE | 20.09 |
4.2 Price Multiples
AMKR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AMKR is cheaper than 97.32% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AMKR indicates a rather cheap valuation: AMKR is cheaper than 82.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.91 | ||
| EV/EBITDA | 6.67 |
4.3 Compensation for Growth
AMKR has a very decent profitability rating, which may justify a higher PE ratio.
AMKR's earnings are expected to grow with 12.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.21
EPS Next 2Y6.23%
EPS Next 3Y12.6%
5. Dividend
5.1 Amount
AMKR has a Yearly Dividend Yield of 1.05%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.15, AMKR pays a better dividend. On top of this AMKR pays more dividend than 82.14% of the companies listed in the same industry.
With a Dividend Yield of 1.05, AMKR pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
5.2 History
AMKR has been paying a dividend for over 5 years, so it has already some track record.
AMKR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
AMKR pays out 59.48% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP59.48%
EPS Next 2Y6.23%
EPS Next 3Y12.6%
31.29
-0.21 (-0.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners46.78%
Inst Owner Change0.06%
Ins Owners1.19%
Ins Owner Change1.2%
Market Cap7.73B
Analysts71.76
Price Target26.78 (-14.41%)
Short Float %4.43%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
Yearly Dividend0.73
Dividend Growth(5Y)N/A
DP59.48%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.5%
Min EPS beat(2)1.71%
Max EPS beat(2)37.29%
EPS beat(4)3
Avg EPS beat(4)11.59%
Min EPS beat(4)-4.11%
Max EPS beat(4)37.29%
EPS beat(8)7
Avg EPS beat(8)18.6%
EPS beat(12)10
Avg EPS beat(12)16.59%
EPS beat(16)14
Avg EPS beat(16)22.89%
Revenue beat(2)2
Avg Revenue beat(2)2.87%
Min Revenue beat(2)1.58%
Max Revenue beat(2)4.16%
Revenue beat(4)2
Avg Revenue beat(4)0.24%
Min Revenue beat(4)-3.94%
Max Revenue beat(4)4.16%
Revenue beat(8)3
Avg Revenue beat(8)-0.02%
Revenue beat(12)5
Avg Revenue beat(12)0.24%
Revenue beat(16)8
Avg Revenue beat(16)1.61%
PT rev (1m)0%
PT rev (3m)10.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.98%
EPS NY rev (1m)0.09%
EPS NY rev (3m)3.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.44 | ||
| Fwd PE | 20.09 | ||
| P/S | 1.22 | ||
| P/FCF | 27.91 | ||
| P/OCF | 7.86 | ||
| P/B | 1.84 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 6.67 |
EPS(TTM)1.23
EY3.93%
EPS(NY)1.56
Fwd EY4.98%
FCF(TTM)1.12
FCFY3.58%
OCF(TTM)3.98
OCFY12.73%
SpS25.59
BVpS16.98
TBVpS16.9
PEG (NY)N/A
PEG (5Y)1.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.94% | ||
| ROE | 7.24% | ||
| ROCE | 7.03% | ||
| ROIC | 5.77% | ||
| ROICexc | 8.92% | ||
| ROICexgc | 8.97% | ||
| OM | 6.44% | ||
| PM (TTM) | 4.8% | ||
| GM | 13.58% | ||
| FCFM | 4.38% |
ROA(3y)7.21%
ROA(5y)7.8%
ROE(3y)12.83%
ROE(5y)14.98%
ROIC(3y)9.33%
ROIC(5y)10.58%
ROICexc(3y)12.77%
ROICexc(5y)14.21%
ROICexgc(3y)12.84%
ROICexgc(5y)14.3%
ROCE(3y)11.37%
ROCE(5y)12.9%
ROICexcg growth 3Y-21.32%
ROICexcg growth 5Y6.25%
ROICexc growth 3Y-21.24%
ROICexc growth 5Y6.36%
OM growth 3Y-17.77%
OM growth 5Y4.12%
PM growth 3Y-18.82%
PM growth 5Y13.44%
GM growth 3Y-9.56%
GM growth 5Y-1.61%
F-Score3
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 5.86 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 115.49% | ||
| Cap/Sales | 11.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.54% | ||
| Profit Quality | 91.21% | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 3.01 |
F-Score3
WACC11.37%
ROIC/WACC0.51
Cap/Depr(3y)130.67%
Cap/Depr(5y)127.74%
Cap/Sales(3y)12.04%
Cap/Sales(5y)11.95%
Profit Quality(3y)89.01%
Profit Quality(5y)76.86%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.89%
EPS 3Y-19.24%
EPS 5Y21.09%
EPS Q2Q%-18.52%
EPS Next Y-16.4%
EPS Next 2Y6.23%
EPS Next 3Y12.6%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.2%
Revenue growth 3Y0.96%
Revenue growth 5Y9.29%
Sales Q2Q%3.42%
Revenue Next Year3.72%
Revenue Next 2Y5.02%
Revenue Next 3Y6.15%
Revenue Next 5YN/A
EBIT growth 1Y-15.13%
EBIT growth 3Y-16.98%
EBIT growth 5Y13.79%
EBIT Next Year149.8%
EBIT Next 3Y48.48%
EBIT Next 5YN/A
FCF growth 1Y32.76%
FCF growth 3Y0.35%
FCF growth 5Y30.41%
OCF growth 1Y-7.05%
OCF growth 3Y-0.97%
OCF growth 5Y14.07%