AMKOR TECHNOLOGY INC (AMKR) Stock Fundamental Analysis
USA - NASDAQ:AMKR - US0316521006 - Common Stock
29.58 USD
+0.05 (+0.17%)
29.81 USD
+0.23 (+0.78%)
AMKR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. AMKR has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
Each year in the past 5 years AMKR has been profitable.
Each year in the past 5 years AMKR had a positive operating cash flow.
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.
With a decent Return On Equity value of 7.24%, AMKR is doing good in the industry, outperforming 67.86% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.77%, AMKR is in the better half of the industry, outperforming 68.75% 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 10.87%.
| 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
With a Profit Margin value of 4.80%, AMKR perfoms like the industry average, outperforming 58.04% of the companies in the same industry.
In the last couple of years the Profit Margin of AMKR has grown nicely.
Looking at the Operating Margin, with a value of 6.44%, AMKR is in line with its industry, outperforming 58.93% of the companies in the same industry.
AMKR's Operating Margin has improved in the last couple of years.
The Gross Margin of AMKR (13.58%) is worse than 85.71% of its industry peers.
In the last couple of years the Gross Margin of AMKR has declined.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AMKR is destroying value.
Compared to 1 year ago, AMKR has more shares outstanding
AMKR has more shares outstanding than it did 5 years ago.
AMKR has a better debt/assets ratio than last year.
2.2 Solvency
AMKR has an Altman-Z score of 2.94. This is not the best score and indicates that AMKR is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.94, AMKR perfoms like the industry average, outperforming 45.54% of the companies in the same industry.
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.
AMKR has a Debt to Equity ratio (0.29) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 5.86 | ||
| Altman-Z | 2.94 |
ROIC/WACC0.51
WACC11.31%
2.3 Liquidity
A Current Ratio of 1.89 indicates that AMKR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.89, AMKR is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
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 Quick ratio of 1.70. This is in the lower half of the industry: AMKR underperforms 67.86% 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.
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.
Looking at the last year, AMKR shows a decrease in Revenue. The Revenue has decreased by -1.20% in the last year.
Measured over the past years, AMKR shows a quite strong growth in Revenue. The Revenue has been growing by 9.29% on average per year.
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
AMKR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.01% yearly.
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-16.47%
EPS Next 2Y6.16%
EPS Next 3Y14.01%
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 rather expensively with a Price/Earnings ratio of 24.05.
Compared to the rest of the industry, the Price/Earnings ratio of AMKR indicates a somewhat cheap valuation: AMKR is cheaper than 79.46% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AMKR to the average of the S&P500 Index (27.41), we can say AMKR is valued inline with the index average.
The Price/Forward Earnings ratio is 19.02, which indicates a rather expensive current valuation of AMKR.
Based on the Price/Forward Earnings ratio, AMKR is valued cheaply inside the industry as 80.36% of the companies are valued more expensively.
AMKR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.05 | ||
| Fwd PE | 19.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMKR indicates a rather cheap valuation: AMKR is cheaper than 97.32% of the companies listed in the same industry.
AMKR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AMKR is cheaper than 82.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.38 | ||
| EV/EBITDA | 6.25 |
4.3 Compensation for Growth
The decent profitability rating of AMKR may justify a higher PE ratio.
A more expensive valuation may be justified as AMKR's earnings are expected to grow with 14.01% in the coming years.
PEG (NY)N/A
PEG (5Y)1.14
EPS Next 2Y6.16%
EPS Next 3Y14.01%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.13%, AMKR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.23, AMKR pays a better dividend. On top of this AMKR pays more dividend than 83.04% of the companies listed in the same industry.
With a Dividend Yield of 1.13, AMKR pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
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
59.48% of the earnings are spent on dividend by AMKR. This is a bit on the high side, but may be sustainable.
DP59.48%
EPS Next 2Y6.16%
EPS Next 3Y14.01%
29.58
+0.05 (+0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners45.27%
Inst Owner Change3.5%
Ins Owners0.5%
Ins Owner Change1.2%
Market Cap7.31B
Analysts71.76
Price Target26.78 (-9.47%)
Short Float %5.15%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
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)-1.57%
EPS NY rev (1m)0%
EPS NY rev (3m)4.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.51%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)5.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.05 | ||
| Fwd PE | 19.02 | ||
| P/S | 1.16 | ||
| P/FCF | 26.38 | ||
| P/OCF | 7.43 | ||
| P/B | 1.74 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)1.23
EY4.16%
EPS(NY)1.56
Fwd EY5.26%
FCF(TTM)1.12
FCFY3.79%
OCF(TTM)3.98
OCFY13.47%
SpS25.59
BVpS16.98
TBVpS16.9
PEG (NY)N/A
PEG (5Y)1.14
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 | 2.94 |
F-Score3
WACC11.31%
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-16.47%
EPS Next 2Y6.16%
EPS Next 3Y14.01%
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 Year150.72%
EBIT Next 3Y48.31%
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%