AMKOR TECHNOLOGY INC (AMKR) Stock Fundamental Analysis
USA - NASDAQ:AMKR - US0316521006 - Common Stock
31.28 USD
+1.37 (+4.58%)
31.5493 USD
+0.27 (+0.86%)
Taking everything into account, AMKR scores 4 out of 10 in our fundamental rating. AMKR was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While AMKR is still in line with the averages on profitability rating, there are concerns on its financial health. AMKR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AMKR was profitable.
AMKR had a positive operating cash flow in the past year.
In the past 5 years AMKR has always been profitable.
AMKR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AMKR's Return On Assets of 3.94% is fine compared to the rest of the industry. AMKR outperforms 65.18% of its industry peers.
AMKR has a Return On Equity of 7.24%. This is in the better half of the industry: AMKR outperforms 67.86% of its industry peers.
With a decent Return On Invested Capital value of 5.77%, AMKR is doing good in the industry, outperforming 67.86% of the companies in the same industry.
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 10.94%.
| 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.
In the last couple of years the Profit Margin of AMKR has grown nicely.
The Operating Margin of AMKR (6.44%) is comparable to the rest of the industry.
AMKR's Operating Margin has improved in the last couple of years.
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.
AMKR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AMKR has more shares outstanding
Compared to 1 year ago, AMKR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.96 indicates that AMKR is not a great score, but indicates only limited risk for bankruptcy at the moment.
AMKR has a Altman-Z score of 2.96. This is comparable to the rest of the industry: AMKR outperforms 43.75% of its industry peers.
AMKR has a debt to FCF ratio of 5.86. This is a neutral value as AMKR would need 5.86 years to pay back of all of its debts.
AMKR has a Debt to FCF ratio (5.86) which is in line with its industry peers.
A Debt/Equity ratio of 0.29 indicates that AMKR is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.29, AMKR is in line with its industry, outperforming 41.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 5.86 | ||
| Altman-Z | 2.96 |
ROIC/WACC0.51
WACC11.36%
2.3 Liquidity
AMKR has a Current Ratio of 1.89. This is a normal value and indicates that AMKR is financially healthy and should not expect problems in meeting 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.
AMKR has a Quick Ratio of 1.70. This is a normal value and indicates that AMKR is financially healthy and should not expect problems in meeting its short term obligations.
AMKR has a worse Quick ratio (1.70) than 66.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The earnings per share for AMKR have decreased strongly by -16.89% in the last year.
AMKR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.09% yearly.
AMKR shows a decrease in Revenue. In the last year, the revenue decreased by -1.20%.
AMKR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.29% yearly.
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
The Earnings Per Share is expected to grow by 12.60% on average over the next years. This is quite good.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
With a Price/Earnings ratio of 25.43, AMKR can be considered very expensive at the moment.
AMKR's Price/Earnings ratio is a bit cheaper when compared to the industry. AMKR is cheaper than 79.46% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.49, AMKR is valued at the same level.
The Price/Forward Earnings ratio is 20.09, which indicates a rather expensive current valuation of AMKR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMKR indicates a somewhat cheap valuation: AMKR is cheaper than 78.57% of the companies listed in the same industry.
AMKR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.43 | ||
| 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.
Based on the Price/Free Cash Flow ratio, AMKR is valued cheaply inside the industry as 83.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.9 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
The decent profitability rating of AMKR 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
With a Yearly Dividend Yield of 1.08%, AMKR has a reasonable but not impressive dividend return.
AMKR's Dividend Yield is rather good when compared to the industry average which is at 2.15. AMKR pays more dividend than 82.14% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, AMKR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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%
31.28
+1.37 (+4.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners46.78%
Inst Owner Change0%
Ins Owners1.19%
Ins Owner Change1.21%
Market Cap7.73B
Analysts71.76
Price Target26.78 (-14.39%)
Short Float %4.43%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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)7.32%
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 | 25.43 | ||
| Fwd PE | 20.09 | ||
| P/S | 1.22 | ||
| P/FCF | 27.9 | ||
| P/OCF | 7.85 | ||
| P/B | 1.84 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 6.33 |
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 | 2.96 |
F-Score3
WACC11.36%
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%