(IMOS) ChipMOS Technologies - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 1.774m USD | Total Return: 204.9% in 12m
Avg Turnover: 4.54M
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w, Avwap Ph Week
ChipMOS TECHNOLOGIES INC. (IMOS) is a Taiwan-based provider of back-end semiconductor services, specializing in the assembly and testing of high-density memory, mixed-signal, and display driver integrated circuits (DDIC). The company operates across five segments, offering technical solutions such as gold bumping, wafer-level chip scale packaging, and turnkey drop shipment for global electronics markets.
As an Outsourced Semiconductor Assembly and Test (OSAT) provider, ChipMOS plays a critical role in the supply chain by converting processed wafers into finished chips for use in personal computers and consumer electronics. The OSAT sector is capital-intensive and highly sensitive to cyclical demand in the smartphone and automotive display industries.
To evaluate how these cyclical trends impact long-term valuation, investors should review the comprehensive financial metrics available on ValueRay.
- Cyclical demand for display driver ICs in consumer electronics and automotive panels
- Utilization rates across high-density memory and mixed-signal back-end testing services
- Capital expenditure cycles for advanced gold bumping and wafer-level packaging technologies
- Geopolitical tensions impacting semiconductor supply chains between Taiwan and mainland China
- Fluctuations in global PC and smartphone shipment volumes affecting assembly revenue
| Net Income: 337.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.69 > 1.0 |
| NWC/Revenue: 76.53% < 20% (prev 87.96%; Δ -11.43% < -1%) |
| CFO/TA 0.07 > 3% & CFO 3.28b > Net Income 337.5m |
| Net Debt (4.20b) to EBITDA (6.20b): 0.68 < 3 |
| Current Ratio: 2.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.1m) vs 12m ago -3.47% < -2% |
| Gross Margin: 11.30% > 18% (prev 0.11%; Δ 1.12k% > 0.5%) |
| Asset Turnover: 42.60% > 50% (prev 39.76%; Δ 2.84% > 0%) |
| Interest Coverage Ratio: 5.92 > 6 (EBITDA TTM 6.20b / Interest Expense TTM 180.8m) |
| A: 0.32 (Total Current Assets 24.3b - Total Current Liabilities 9.98b) / Total Assets 44.8b |
| B: 0.19 (Retained Earnings 8.30b / Total Assets 44.8b) |
| C: 0.02 (EBIT TTM 1.07b / Avg Total Assets 44.0b) |
| D: 0.93 (Book Value of Equity 18.9b / Total Liabilities 20.2b) |
| Altman-Z'' = 3.85 = AA |
| DSRI: 1.17 (Receivables 7.20b/5.64b, Revenue 18.8b/17.2b) |
| GMI: 0.98 (GM 11.30% / 11.07%) |
| AQI: 2.33 (AQ_t 0.04 / AQ_t-1 0.02) |
| SGI: 1.09 (Revenue 18.8b / 17.2b) |
| TATA: -0.07 (NI 337.5m - CFO 3.28b) / TA 44.8b) |
| Beneish M = -2.11 (Cap -4..+1) = BB |
As of May 27, 2026, the stock is trading at USD 55.23 with a total of 80,540 shares traded.
Over the past week, the price has changed by +7.45%,
over one month by +27.40%,
over three months by +23.28% and
over the past year by +204.92%.
ChipMOS Technologies has no consensus analysts rating.
| Analysts Target Price | 20 | -63.8% |
Market Cap TWD = 55.8b (1.77b USD * 31.474 USD.TWD)
P/E Trailing = 64.5823
P/E Forward = 11.3766
P/S = 0.07
P/B = 2.2797
P/EG = 2.13
Revenue TTM = 18.8b TWD
EBIT TTM = 1.07b TWD
EBITDA TTM = 6.20b TWD
Long Term Debt = 9.18b TWD (from longTermDebt, last quarter)
Short Term Debt = 5.86b TWD (from shortTermDebt, last quarter)
Debt = 16.7b TWD (from shortLongTermDebtTotal, last quarter) + Leases 862.4m
Net Debt = 4.20b TWD (calculated: Debt 16.7b - CCE 12.5b)
Enterprise Value = 60.0b TWD (55.8b + Debt 16.7b - CCE 12.5b)
Interest Coverage Ratio = 5.92 (Ebit TTM 1.07b / Interest Expense TTM 180.8m)
EV/FCF = -239.6x (Enterprise Value 60.0b / FCF TTM -250.5m)
FCF Yield = -0.42% (FCF TTM -250.5m / Enterprise Value 60.0b)
FCF Margin = -1.34% (FCF TTM -250.5m / Revenue TTM 18.8b)
Net Margin = 1.80% (Net Income TTM 337.5m / Revenue TTM 18.8b)
Gross Margin = 11.30% ((Revenue TTM 18.8b - Cost of Revenue TTM 16.6b) / Revenue TTM)
Gross Margin QoQ = 13.78% (prev 14.28%)
Tobins Q-Ratio = 1.34 (Enterprise Value 60.0b / Total Assets 44.8b)
Interest Expense / Debt = 1.08% (Interest Expense 180.8m / Debt 16.7b)
Taxrate = 15.59% (2.95m / 18.9m)
NOPAT = 903.0m (EBIT 1.07b * (1 - 15.59%))
Current Ratio = 2.44 (Total Current Assets 24.3b / Total Current Liabilities 9.98b)
Debt / Equity = 0.68 (Debt 16.7b / totalStockholderEquity, last quarter 24.6b)
Debt / EBITDA = 0.68 (Net Debt 4.20b / EBITDA 6.20b)
Debt / FCF = -16.75 (negative FCF - burning cash) (Net Debt 4.20b / FCF TTM -250.5m)
Total Stockholder Equity = 23.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.77% (Net Income 337.5m / Total Assets 44.8b)
RoE = 1.42% (Net Income TTM 337.5m / Total Stockholder Equity 23.8b)
RoCE = 3.24% (EBIT 1.07b / Capital Employed (Equity 23.8b + L.T.Debt 9.18b))
RoIC = 2.35% (NOPAT 903.0m / Invested Capital 38.4b)
WACC = 8.40% (E(55.8b)/V(72.5b) * Re(10.64%) + D(16.7b)/V(72.5b) * Rd(1.08%) * (1-Tc(0.16)))
Discount Rate = 10.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -43.03 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -250.5m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.80 | # QB: 0
Revenue Correlation: 14.04 | Revenue CAGR: 2.03% | SUE: -4.0 | # QB: -1