Novatek Microelectronics Corp 3034

Morningstar Rating
TWD 524.00 +7.00 (1.35%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

3034 is trading at a 899% premium.
Price
TWD 524.48
Fair Value
TWD 436.26
Uncertainty
High
1-Star Price
TWD 344.33
5-Star Price
TWD 617.75
Economic Moat
Stltk
Capital Allocation

Trading Information

Previous Close Price
TWD 517.00
Day Range
TWD 513.00529.00
52-Week Range
TWD 425.50646.00
Bid/Ask
TWD 524.00 / TWD 525.00
Market Cap
TWD 318.86 Bil
Volume/Avg
3.2 Mil / 3.7 Mil

Key Statistics

Price/Earnings (Normalized)
14.50
Price/Sales
3.02
Dividend Yield (Trailing)
6.11%
Dividend Yield (Forward)
6.11%
Total Yield
6.11%

Company Profile

Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.
Sector
Technology
Industry
Semiconductors
Stock Style Box
Large Core
Total Number of Employees
3,062

Comparables

Valuation

Metric
3034
3014
6138
Price/Earnings (Normalized)
14.5014.5620.88
Price/Book Value
5.483.774.79
Price/Sales
3.023.522.55
Price/Cash Flow
13.7514.3413.70
Price/Earnings
3034
3014
6138

Financial Strength

Metric
3034
3014
6138
Quick Ratio
1.841.921.77
Current Ratio
2.062.182.41
Interest Coverage
3,549.471,295.44117.36
Quick Ratio
3034
3014
6138

Profitability

Metric
3034
3014
6138
Return on Assets (Normalized)
20.46%19.01%13.76%
Return on Equity (Normalized)
35.50%25.84%27.74%
Return on Invested Capital (Normalized)
33.54%24.90%18.92%
Return on Assets
3034
3014
6138

Semiconductors Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NVIDIA Corp
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Qualcomm Inc
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ARM Holdings PLC ADR
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Micron Technology Inc
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Analog Devices Inc
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Intel Corp
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