Novatek Microelectronics Corp. Logo

Novatek Microelectronics Corp.

3034.TW

(2.2)
Stock Price

484,50 TWD

19.6% ROA

33.92% ROE

14.23x PER

Market Cap.

312.774.654.000,00 TWD

0.66% DER

6.23% Yield

20.78% NPM

Novatek Microelectronics Corp. Stock Analysis

Novatek Microelectronics Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Novatek Microelectronics Corp. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (34.78%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

5 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (3.805) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 PBV

The stock's elevated P/BV ratio (4.89x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Novatek Microelectronics Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Novatek Microelectronics Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Novatek Microelectronics Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Novatek Microelectronics Corp. Revenue
Year Revenue Growth
2006 31.437.941.000
2007 36.144.168.000 13.02%
2008 26.183.331.000 -38.04%
2009 27.013.143.000 3.07%
2010 36.315.556.000 25.62%
2011 35.070.223.000 -3.55%
2012 37.028.670.000 5.29%
2013 41.449.654.000 10.67%
2014 54.066.982.000 23.34%
2015 50.870.127.000 -6.28%
2016 45.650.879.000 -11.43%
2017 47.073.692.000 3.02%
2018 54.833.856.000 14.15%
2019 64.372.306.000 14.82%
2020 79.955.520.000 19.49%
2021 135.365.510.000 40.93%
2022 109.956.674.000 -23.11%
2023 115.719.848.000 4.98%
2023 110.428.698.000 -4.79%
2024 100.924.076.000 -9.42%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Novatek Microelectronics Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2006 1.361.048.000
2007 1.601.745.000 15.03%
2008 2.853.012.000 43.86%
2009 3.207.898.000 11.06%
2010 3.523.817.000 8.97%
2011 3.852.702.000 8.54%
2012 4.258.347.000 9.53%
2013 4.799.354.000 11.27%
2014 5.950.910.000 19.35%
2015 6.133.327.000 2.97%
2016 6.019.907.000 -1.88%
2017 6.458.514.000 6.79%
2018 7.741.142.000 16.57%
2019 8.901.602.000 13.04%
2020 10.994.303.000 19.03%
2021 16.600.815.000 33.77%
2022 15.410.241.000 -7.73%
2023 17.449.828.000 11.69%
2023 16.636.942.000 -4.89%
2024 16.470.779.996 -1.01%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Novatek Microelectronics Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 418.665.000
2007 507.758.000 17.55%
2008 685.706.000 25.95%
2009 674.299.000 -1.69%
2010 803.365.000 16.07%
2011 854.402.000 5.97%
2012 911.661.000 6.28%
2013 999.487.000 8.79%
2014 1.198.246.000 16.59%
2015 1.130.196.000 -6.02%
2016 1.062.650.000 -6.36%
2017 1.146.058.000 7.28%
2018 1.349.193.000 15.06%
2019 1.521.188.000 11.31%
2020 1.744.691.000 12.81%
2021 2.541.376.000 31.35%
2022 2.420.005.000 -5.02%
2023 2.441.380.000 0.88%
2023 2.369.609.000 -3.03%
2024 2.401.208.000 1.32%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Novatek Microelectronics Corp. EBITDA
Year EBITDA Growth
2006 6.568.016.000
2007 7.988.913.000 17.79%
2008 4.228.280.000 -88.94%
2009 4.882.731.000 13.4%
2010 5.536.118.000 11.8%
2011 4.613.383.000 -20%
2012 5.585.034.000 17.4%
2013 6.164.317.000 9.4%
2014 8.750.134.000 29.55%
2015 7.816.473.000 -11.94%
2016 6.242.023.000 -25.22%
2017 6.530.540.000 4.42%
2018 8.559.504.000 23.7%
2019 10.752.177.000 20.39%
2020 15.638.136.000 31.24%
2021 49.235.437.000 68.24%
2022 35.749.520.000 -37.72%
2023 32.411.316.000 -10.3%
2023 28.001.292.000 -15.75%
2024 23.321.132.000 -20.07%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Novatek Microelectronics Corp. Gross Profit
Year Gross Profit Growth
2006 8.513.101.000
2007 10.191.997.000 16.47%
2008 7.793.563.000 -30.77%
2009 8.213.197.000 5.11%
2010 9.786.273.000 16.07%
2011 8.928.228.000 -9.61%
2012 10.387.150.000 14.05%
2013 11.493.099.000 9.62%
2014 15.388.715.000 25.31%
2015 14.454.939.000 -6.46%
2016 12.945.619.000 -11.66%
2017 13.555.261.000 4.5%
2018 17.015.433.000 20.34%
2019 20.614.387.000 17.46%
2020 27.957.707.000 26.27%
2021 67.391.524.000 58.51%
2022 50.941.187.000 -32.29%
2023 48.890.672.000 -4.19%
2023 45.112.066.000 -8.38%
2024 40.460.756.000 -11.5%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Novatek Microelectronics Corp. Net Profit
Year Net Profit Growth
2006 6.276.652.000
2007 7.584.792.000 17.25%
2008 3.532.518.000 -114.71%
2009 4.018.531.000 12.09%
2010 4.584.015.000 12.34%
2011 3.695.175.000 -24.05%
2012 4.437.390.000 16.73%
2013 4.744.958.000 6.48%
2014 7.209.383.000 34.18%
2015 6.399.087.000 -12.66%
2016 5.004.360.000 -27.87%
2017 5.024.088.000 0.39%
2018 6.390.630.000 21.38%
2019 7.927.409.000 19.39%
2020 11.817.239.000 32.92%
2021 38.865.560.000 69.59%
2022 27.969.522.000 -38.96%
2023 25.463.284.000 -9.84%
2023 23.317.509.000 -9.2%
2024 21.554.260.000 -8.18%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Novatek Microelectronics Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 11
2007 14 15.38%
2008 6 -116.67%
2009 7 0%
2010 8 14.29%
2011 6 -16.67%
2012 7 14.29%
2013 8 0%
2014 12 36.36%
2015 11 -10%
2016 8 -25%
2017 8 0%
2018 11 20%
2019 13 23.08%
2020 19 31.58%
2021 64 69.84%
2022 46 -40%
2023 42 -9.76%
2023 38 -7.89%
2024 35 -8.57%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Novatek Microelectronics Corp. Free Cashflow
Year Free Cashflow Growth
2006 3.671.597.000
2007 4.997.070.000 26.53%
2008 8.277.910.000 39.63%
2009 4.506.975.000 -83.67%
2010 2.820.222.000 -59.81%
2011 3.479.073.000 18.94%
2012 4.962.181.000 29.89%
2013 4.493.621.000 -10.43%
2014 5.355.130.000 16.09%
2015 8.026.392.000 33.28%
2016 6.521.523.000 -23.08%
2017 4.040.955.000 -61.39%
2018 6.750.741.000 40.14%
2019 5.244.335.000 -28.72%
2020 11.742.474.000 55.34%
2021 40.336.600.000 70.89%
2022 21.531.995.000 -87.33%
2023 6.870.101.000 -213.42%
2023 28.999.476.000 76.31%
2024 4.969.179.000 -483.59%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Novatek Microelectronics Corp. Operating Cashflow
Year Operating Cashflow Growth
2006 4.383.775.000
2007 5.603.183.000 21.76%
2008 8.708.518.000 35.66%
2009 4.824.043.000 -80.52%
2010 3.142.186.000 -53.53%
2011 3.790.011.000 17.09%
2012 5.299.774.000 28.49%
2013 4.880.373.000 -8.59%
2014 5.748.792.000 15.11%
2015 9.135.391.000 37.07%
2016 7.049.386.000 -29.59%
2017 4.382.344.000 -60.86%
2018 8.011.480.000 45.3%
2019 7.146.779.000 -12.1%
2020 15.379.592.000 53.53%
2021 41.721.052.000 63.14%
2022 22.690.751.000 -83.87%
2023 7.159.827.000 -216.92%
2023 30.162.874.000 76.26%
2024 5.179.616.000 -482.34%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Novatek Microelectronics Corp. Capital Expenditure
Year Capital Expenditure Growth
2006 712.178.000
2007 606.113.000 -17.5%
2008 430.608.000 -40.76%
2009 317.068.000 -35.81%
2010 321.964.000 1.52%
2011 310.938.000 -3.55%
2012 337.593.000 7.9%
2013 386.752.000 12.71%
2014 393.662.000 1.76%
2015 1.108.999.000 64.5%
2016 527.863.000 -110.09%
2017 341.389.000 -54.62%
2018 1.260.739.000 72.92%
2019 1.902.444.000 33.73%
2020 3.637.118.000 47.69%
2021 1.384.452.000 -162.71%
2022 1.158.756.000 -19.48%
2023 289.726.000 -299.95%
2023 1.163.398.000 75.1%
2024 210.437.000 -452.85%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Novatek Microelectronics Corp. Equity
Year Equity Growth
2006 15.170.493.000
2007 17.448.662.000 13.06%
2008 18.359.563.000 4.96%
2009 20.633.625.000 11.02%
2010 22.101.080.000 6.64%
2011 22.228.871.000 0.57%
2012 24.016.005.000 7.44%
2013 24.618.704.000 2.45%
2014 28.227.251.000 12.78%
2015 28.517.824.000 1.02%
2016 27.963.093.000 -1.98%
2017 28.569.981.000 2.12%
2018 30.317.509.000 5.76%
2019 33.078.320.000 8.35%
2020 39.943.203.000 17.19%
2021 70.451.323.000 43.3%
2022 65.570.205.000 -7.44%
2023 61.657.439.000 -6.35%
2023 67.216.762.000 8.27%
2024 58.153.523.000 -15.59%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Novatek Microelectronics Corp. Assets
Year Assets Growth
2006 24.154.712.000
2007 26.825.134.000 9.95%
2008 25.704.751.000 -4.36%
2009 33.089.079.000 22.32%
2010 37.062.223.000 10.72%
2011 36.498.052.000 -1.55%
2012 39.510.409.000 7.62%
2013 38.996.346.000 -1.32%
2014 45.931.330.000 15.1%
2015 41.092.605.000 -11.78%
2016 41.544.605.000 1.09%
2017 40.875.298.000 -1.64%
2018 48.069.623.000 14.97%
2019 46.875.234.000 -2.55%
2020 58.100.689.000 19.32%
2021 120.593.034.000 51.82%
2022 100.546.386.000 -19.94%
2023 100.929.139.000 0.38%
2023 104.442.543.000 3.36%
2024 114.659.892.000 8.91%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Novatek Microelectronics Corp. Liabilities
Year Liabilities Growth
2006 8.984.219.000
2007 9.376.472.000 4.18%
2008 7.345.188.000 -27.65%
2009 12.455.454.000 41.03%
2010 14.961.143.000 16.75%
2011 14.269.181.000 -4.85%
2012 15.494.404.000 7.91%
2013 14.377.642.000 -7.77%
2014 17.704.079.000 18.79%
2015 12.574.781.000 -40.79%
2016 13.581.512.000 7.41%
2017 12.305.317.000 -10.37%
2018 17.752.114.000 30.68%
2019 13.796.914.000 -28.67%
2020 18.157.486.000 24.02%
2021 50.141.711.000 63.79%
2022 34.976.181.000 -43.36%
2023 39.271.700.000 10.94%
2023 37.225.781.000 -5.5%
2024 56.506.369.000 34.12%

Novatek Microelectronics Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
173.77
Net Income per Share
36.11
Price to Earning Ratio
14.23x
Price To Sales Ratio
2.96x
POCF Ratio
12.01
PFCF Ratio
12.36
Price to Book Ratio
5.38
EV to Sales
2.37
EV Over EBITDA
9.63
EV to Operating CashFlow
9.63
EV to FreeCashFlow
9.91
Earnings Yield
0.07
FreeCashFlow Yield
0.08
Market Cap
312,77 Bil.
Enterprise Value
250,86 Bil.
Graham Number
278.67
Graham NetNet
41.19

Income Statement Metrics

Net Income per Share
36.11
Income Quality
1.11
ROE
0.34
Return On Assets
0.19
Return On Capital Employed
0.35
Net Income per EBT
0.84
EBT Per Ebit
1.06
Ebit per Revenue
0.23
Effective Tax Rate
0.16

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.16
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.41
Operating Profit Margin
0.23
Pretax Profit Margin
0.25
Net Profit Margin
0.21

Dividends

Dividend Yield
0.06
Dividend Yield %
6.23
Payout Ratio
1.02
Dividend Per Share
32

Operating Metrics

Operating Cashflow per Share
42.8
Free CashFlow per Share
41.6
Capex to Operating CashFlow
0.03
Capex to Revenue
0.01
Capex to Depreciation
0.55
Return on Invested Capital
0.36
Return on Tangible Assets
0.2
Days Sales Outstanding
65.76
Days Payables Outstanding
73.98
Days of Inventory on Hand
54.82
Receivables Turnover
5.55
Payables Turnover
4.93
Inventory Turnover
6.66
Capex per Share
1.2

Balance Sheet

Cash per Share
102,84
Book Value per Share
95,57
Tangible Book Value per Share
91.43
Shareholders Equity per Share
95.57
Interest Debt per Share
0.64
Debt to Equity
0.01
Debt to Assets
0
Net Debt to EBITDA
-2.38
Current Ratio
2.06
Tangible Asset Value
55,64 Bil.
Net Current Asset Value
35,05 Bil.
Invested Capital
56574590000
Working Capital
47,15 Bil.
Intangibles to Total Assets
0.02
Average Receivables
18,27 Bil.
Average Payables
12,11 Bil.
Average Inventory
9256367000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Novatek Microelectronics Corp. Dividends
Year Dividends Growth
2003 1
2004 2 50%
2005 4 33.33%
2006 6 50%
2007 8 14.29%
2008 8 12.5%
2009 5 -100%
2010 5 0%
2011 6 20%
2012 5 -25%
2013 6 20%
2014 6 16.67%
2015 10 40%
2016 9 -11.11%
2017 7 -28.57%
2018 7 0%
2019 9 12.5%
2020 11 20%
2021 16 33.33%
2022 52 70.59%
2023 37 -37.84%
2024 32 -15.63%

Novatek Microelectronics Corp. Profile

About Novatek Microelectronics Corp.

Novatek Microelectronics Corp., together with its subsidiaries, engages in research and development, manufacture, and sale of integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications. The company provides display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablet PCs, automotive display screens, smart phones, and wearable products; and system on chips products for digital and smart TVs, notebook computers, desktop monitors, mobile phones, tablet PCs, camera modules, dashcam recording, IP cams, car backup camera modules, automotive safety assistance systems, and multimedia and mobile phone camera module applications. It is also involved in the trading and consulting services; offers electronic spare parts; and provision of design, development, amendment, testing, and related consulting services for multimedia VLSI software. The company has operations in Taiwan, Asia, and internationally. Novatek Microelectronics Corp. was incorporated in 1997 and is headquartered in Hsinchu, Taiwan.

CEO
Mr. Steve Wang
Employee
3.253
Address
No. 13, Innovation Road I
Hsinchu City, 30076

Novatek Microelectronics Corp. Executives & BODs

Novatek Microelectronics Corp. Executives & BODs
# Name Age
1 Mr. Steve Wang
Vice Chairman & President
70
2 Mr. Jimmy Su
Vice President
70
3 Sheng-Cheng Chou
Chief Accounting Officer, Governing Supervisor, Director of Finance Department & Company Secretary
70
4 Mr. David Chen
Chief Information Security Officer & Head of Investor Relations
70

Novatek Microelectronics Corp. Competitors