AMKOR TECHNOLOGY INC (AMKR) Stock Fundamental Analysis
USA - NASDAQ:AMKR - US0316521006 - Common Stock
34.78 USD
-0.37 (-1.05%)
35.9715 USD
+1.19 (+3.43%)
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. While AMKR is still in line with the averages on profitability rating, there are concerns on its financial health. AMKR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AMKR had positive earnings in the past year.
AMKR had a positive operating cash flow in the past year.
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 better Return On Assets (3.76%) than 63.39% of its industry peers.
AMKR's Return On Equity of 7.14% is fine compared to the rest of the industry. AMKR outperforms 67.86% of its industry peers.
AMKR has a better Return On Invested Capital (5.68%) 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 11.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.14% | ||
| ROIC | 5.68% |
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 (4.77%) which is in line with its industry peers.
In the last couple of years the Profit Margin of AMKR has grown nicely.
AMKR's Operating Margin of 6.46% is in line compared to the rest of the industry. AMKR outperforms 58.93% of its industry peers.
AMKR's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 13.50%, AMKR is not doing good in the industry: 84.82% of the companies in the same industry are doing better.
AMKR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.46% | ||
| PM (TTM) | 4.77% | ||
| GM | 13.5% |
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.
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 2.96. 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.
The Altman-Z score of AMKR (2.96) is comparable to the rest of the industry.
The Debt to FCF ratio of AMKR is 8.19, which is on the high side as it means it would take AMKR, 8.19 years of fcf income to pay off all of its debts.
AMKR has a Debt to FCF ratio (8.19) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.32 indicates that AMKR is not too dependend on debt financing.
AMKR has a worse Debt to Equity ratio (0.32) than 61.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 8.19 | ||
| Altman-Z | 2.96 |
ROIC/WACC0.49
WACC11.6%
2.3 Liquidity
AMKR has a Current Ratio of 1.77. This is a normal value and indicates that AMKR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AMKR (1.77) is worse than 78.57% of its industry peers.
A Quick Ratio of 1.60 indicates that AMKR should not have too much problems paying its short term obligations.
AMKR has a Quick ratio of 1.60. This is in the lower half of the industry: AMKR underperforms 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
The earnings per share for AMKR have decreased strongly by -12.59% 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.
The Revenue has been growing slightly by 0.13% in the past year.
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)-12.59%
EPS 3Y-19.24%
EPS 5Y21.09%
EPS Q2Q%4.08%
Revenue 1Y (TTM)0.13%
Revenue growth 3Y0.96%
Revenue growth 5Y9.29%
Sales Q2Q%6.74%
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 12.92% on average per year.
Based on estimates for the next years, AMKR will show a small growth in Revenue. The Revenue will grow by 5.23% on average per year.
EPS Next Y-8.27%
EPS Next 2Y8.17%
EPS Next 3Y15.34%
EPS Next 5Y12.92%
Revenue Next Year4.65%
Revenue Next 2Y6.53%
Revenue Next 3Y7.01%
Revenue Next 5Y5.23%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.82 indicates a quite expensive valuation of AMKR.
Based on the Price/Earnings ratio, AMKR is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AMKR to the average of the S&P500 Index (26.06), we can say AMKR is valued inline with the index average.
With a Price/Forward Earnings ratio of 21.54, AMKR is valued on the expensive side.
Based on the Price/Forward Earnings ratio, AMKR is valued a bit cheaper than the industry average as 73.21% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of AMKR to the average of the S&P500 Index (32.73), we can say AMKR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.82 | ||
| Fwd PE | 21.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMKR is valued cheaply inside the industry as 95.54% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AMKR is valued a bit cheaper than 74.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.29 | ||
| EV/EBITDA | 7.35 |
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 15.34% in the coming years.
PEG (NY)N/A
PEG (5Y)1.32
EPS Next 2Y8.17%
EPS Next 3Y15.34%
5. Dividend
5.1 Amount
AMKR has a yearly dividend return of 0.94%, which is pretty low.
AMKR's Dividend Yield is rather good when compared to the industry average which is at 2.14. AMKR pays more dividend than 82.14% of the companies in the same industry.
With a Dividend Yield of 0.94, AMKR pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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 59.04% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP59.04%
EPS Next 2Y8.17%
EPS Next 3Y15.34%
34.78
-0.37 (-1.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners46.78%
Inst Owner Change-1.57%
Ins Owners1.19%
Ins Owner Change1.2%
Market Cap8.60B
Revenue(TTM)6.45B
Net Income(TTM)307.78M
Analysts72.22
Price Target30.91 (-11.13%)
Short Float %4.54%
Short Ratio2.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend0.73
Dividend Growth(5Y)N/A
DP59.04%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.47%
Min EPS beat(2)17.65%
Max EPS beat(2)37.29%
EPS beat(4)4
Avg EPS beat(4)17.03%
Min EPS beat(4)1.71%
Max EPS beat(4)37.29%
EPS beat(8)7
Avg EPS beat(8)20.78%
EPS beat(12)10
Avg EPS beat(12)15.48%
EPS beat(16)14
Avg EPS beat(16)19.85%
Revenue beat(2)2
Avg Revenue beat(2)2.51%
Min Revenue beat(2)0.86%
Max Revenue beat(2)4.16%
Revenue beat(4)3
Avg Revenue beat(4)0.67%
Min Revenue beat(4)-3.94%
Max Revenue beat(4)4.16%
Revenue beat(8)4
Avg Revenue beat(8)0.19%
Revenue beat(12)5
Avg Revenue beat(12)-0.17%
Revenue beat(16)8
Avg Revenue beat(16)1.05%
PT rev (1m)15.43%
PT rev (3m)15.43%
EPS NQ rev (1m)9.1%
EPS NQ rev (3m)9.93%
EPS NY rev (1m)9.72%
EPS NY rev (3m)13.82%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)0.75%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.82 | ||
| Fwd PE | 21.54 | ||
| P/S | 1.33 | ||
| P/FCF | 37.29 | ||
| P/OCF | 8.69 | ||
| P/B | 2 | ||
| P/tB | 2 | ||
| EV/EBITDA | 7.35 |
EPS(TTM)1.25
EY3.59%
EPS(NY)1.61
Fwd EY4.64%
FCF(TTM)0.93
FCFY2.68%
OCF(TTM)4
OCFY11.5%
SpS26.09
BVpS17.43
TBVpS17.36
PEG (NY)N/A
PEG (5Y)1.32
Graham Number22.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.14% | ||
| ROCE | 7.03% | ||
| ROIC | 5.68% | ||
| ROICexc | 8.74% | ||
| ROICexgc | 8.78% | ||
| OM | 6.46% | ||
| PM (TTM) | 4.77% | ||
| GM | 13.5% | ||
| FCFM | 3.57% |
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%
ROICexgc growth 3Y-21.32%
ROICexgc 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 Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 8.19 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 121.23% | ||
| Cap/Sales | 11.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.86% | ||
| Profit Quality | 74.88% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | 2.96 |
F-Score3
WACC11.6%
ROIC/WACC0.49
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)-12.59%
EPS 3Y-19.24%
EPS 5Y21.09%
EPS Q2Q%4.08%
EPS Next Y-8.27%
EPS Next 2Y8.17%
EPS Next 3Y15.34%
EPS Next 5Y12.92%
Revenue 1Y (TTM)0.13%
Revenue growth 3Y0.96%
Revenue growth 5Y9.29%
Sales Q2Q%6.74%
Revenue Next Year4.65%
Revenue Next 2Y6.53%
Revenue Next 3Y7.01%
Revenue Next 5Y5.23%
EBIT growth 1Y-9.91%
EBIT growth 3Y-16.98%
EBIT growth 5Y13.79%
EBIT Next Year149.8%
EBIT Next 3Y48.48%
EBIT Next 5Y35.8%
FCF growth 1Y-43.05%
FCF growth 3Y0.35%
FCF growth 5Y30.41%
OCF growth 1Y-20.85%
OCF growth 3Y-0.97%
OCF growth 5Y14.07%
AMKOR TECHNOLOGY INC / AMKR FAQ
What is the fundamental rating for AMKR stock?
ChartMill assigns a fundamental rating of 5 / 10 to AMKR.
Can you provide the valuation status for AMKOR TECHNOLOGY INC?
ChartMill assigns a valuation rating of 5 / 10 to AMKOR TECHNOLOGY INC (AMKR). This can be considered as Fairly Valued.
Can you provide the profitability details for AMKOR TECHNOLOGY INC?
AMKOR TECHNOLOGY INC (AMKR) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for AMKR stock?
The Price/Earnings (PE) ratio for AMKOR TECHNOLOGY INC (AMKR) is 27.82 and the Price/Book (PB) ratio is 2.
What is the earnings growth outlook for AMKOR TECHNOLOGY INC?
The Earnings per Share (EPS) of AMKOR TECHNOLOGY INC (AMKR) is expected to decline by -8.27% in the next year.