Amkor Technology Intrinsic Stock Value – AMKOR TECHNOLOGY Reports Q2 2023 Earnings of USD 1457.9 Million, Down 3.1% YoY
August 14, 2023
🌥️Earnings Overview
On July 31 2023, AMKOR TECHNOLOGY ($NASDAQ:AMKR) revealed their earnings results for the second quarter of fiscal year 2023, with total revenue of USD 1457.9 million, a 3.1% decrease compared to the same period in the previous year. Net income for the quarter was USD 64.3 million, a dip of 48.5% from the year before.
Analysis – Amkor Technology Intrinsic Stock Value
GoodWhale’s analysis of AMKOR TECHNOLOGY’s wellbeing reveals that the fair value of its share is around $24.1. This figure was calculated using GoodWhale’s proprietary Valuation Line, which takes into account various factors such as earnings, dividends, and stock market trends. Currently, AMKOR TECHNOLOGY stock is being traded at $29.1, meaning it is overvalued by 20.6%. This presents an opportunity for investors, as they can purchase the stock at a discounted price. However, it is important to note that any potential investor should be aware of the risks associated with investing in such an overvalued stock. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amkor Technology. More…
| Total Revenues | Net Income | Net Margin |
| 6.92k | 580.02 | 8.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amkor Technology. More…
| Operations | Investing | Financing |
| 1.06k | -899.37 | -81.44 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amkor Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.64k | 2.88k | 15.19 |
Key Ratios Snapshot
Some of the financial key ratios for Amkor Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.7% | 23.7% | 10.3% |
| FCF Margin | ROE | ROA |
| 3.0% | 11.9% | 6.7% |
Peers
The competition in the semiconductor industry is fierce. Amkor Technology Inc is up against Unisem (M) Bhd, ASE Technology Holding Co Ltd, Vate Technology Corp Ltd, and many other companies. All of these companies are vying for a piece of the pie in an industry that is growing rapidly. The company has a strong market share and is well-positioned to continue its growth.
– Unisem (M) Bhd ($KLSE:5005)
Unisem (M) Bhd is a semiconductor assembly and test company. It has a market cap of 4.21B as of 2022. The company’s ROE is 6.97%. Unisem is involved in the assembly and testing of integrated circuits, semiconductor components, and other electronic devices. The company has operations in Malaysia, the Philippines, China, and the United States.
– ASE Technology Holding Co Ltd ($TWSE:3711)
The company’s market cap is 400.9B as of 2022 and its ROE is 23.11%. The company is engaged in the business of developing, manufacturing and selling semiconductor products.
– Vate Technology Corp Ltd ($TPEX:5344)
Vate Technology Corp Ltd is a publicly traded company with a market capitalization of 1.41 billion as of 2022. The company has a return on equity of 1.79%. Vate Technology Corp Ltd is a leading provider of technology solutions and services. The company offers a wide range of products and services including software development, web development, e-commerce solutions, and IT consulting.
Summary
AMKOR TECHNOLOGY’s second quarter of 2023 financial results show that total revenue decreased by 3.1%, while net income declined by 48.5%. This could be a sign of weakening demand and profitability for the company. Investors should consider closely monitoring the company’s performance in the coming quarters, as well as analyzing its competitive landscape, to evaluate whether it is a good investment opportunity. Additionally, investors should consider examining the company’s financials more deeply, such as its balance sheet and cash flow statement, to assess its financial health.
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