Intrinsic value of Amkor Technology - AMKR

Previous Close

$11.74

  Intrinsic Value

premium content

  Rating & Target

premium content

  Value-price divergence*

premium content

Previous close

$11.74

 
Intrinsic value

$14.57

 
Up/down potential

+24%

 
Rating

buy

 
Value-price divergence* premium content

Premium access subscription - $499/yr

please register and log in before paying

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of AMKR stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.9

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  34.97
  5.20
  5.18
  5.16
  5.15
  5.13
  5.12
  5.11
  5.10
  5.09
  5.08
  5.07
  5.06
  5.06
  5.05
  5.05
  5.04
  5.04
  5.03
  5.03
  5.03
  5.02
  5.02
  5.02
  5.02
  5.02
  5.01
  5.01
  5.01
  5.01
  5.01
Revenue, $m
  3,894
  4,096
  4,309
  4,531
  4,764
  5,009
  5,265
  5,534
  5,816
  6,112
  6,422
  6,748
  7,089
  7,448
  7,824
  8,219
  8,633
  9,068
  9,524
  10,003
  10,506
  11,034
  11,588
  12,170
  12,780
  13,422
  14,095
  14,801
  15,543
  16,322
  17,139
Variable operating expenses, $m
 
  3,478
  3,658
  3,847
  4,044
  4,252
  4,469
  4,697
  4,937
  5,187
  5,451
  5,725
  6,014
  6,319
  6,638
  6,973
  7,324
  7,693
  8,080
  8,487
  8,913
  9,361
  9,831
  10,325
  10,843
  11,387
  11,958
  12,557
  13,186
  13,847
  14,541
Fixed operating expenses, $m
 
  308
  315
  323
  331
  339
  348
  357
  366
  375
  384
  394
  403
  414
  424
  434
  445
  456
  468
  480
  492
  504
  516
  529
  543
  556
  570
  584
  599
  614
  629
Total operating expenses, $m
  3,600
  3,786
  3,973
  4,170
  4,375
  4,591
  4,817
  5,054
  5,303
  5,562
  5,835
  6,119
  6,417
  6,733
  7,062
  7,407
  7,769
  8,149
  8,548
  8,967
  9,405
  9,865
  10,347
  10,854
  11,386
  11,943
  12,528
  13,141
  13,785
  14,461
  15,170
Operating income, $m
  294
  311
  336
  362
  389
  418
  448
  480
  514
  550
  587
  629
  671
  716
  762
  812
  864
  918
  976
  1,037
  1,101
  1,169
  1,240
  1,316
  1,395
  1,479
  1,567
  1,660
  1,758
  1,861
  1,969
EBITDA, $m
  849
  854
  907
  962
  1,020
  1,081
  1,145
  1,213
  1,284
  1,359
  1,437
  1,520
  1,607
  1,699
  1,795
  1,896
  2,003
  2,115
  2,233
  2,358
  2,488
  2,626
  2,770
  2,922
  3,082
  3,250
  3,427
  3,613
  3,809
  4,015
  4,232
Interest expense (income), $m
  87
  82
  90
  98
  107
  116
  126
  136
  146
  157
  169
  181
  194
  207
  221
  236
  252
  268
  285
  303
  321
  341
  362
  383
  406
  430
  455
  482
  509
  538
  569
Earnings before tax, $m
  215
  229
  246
  263
  282
  301
  322
  344
  367
  392
  418
  448
  477
  508
  541
  576
  612
  651
  691
  734
  780
  828
  879
  932
  989
  1,049
  1,112
  1,178
  1,248
  1,322
  1,400
Tax expense, $m
  48
  62
  66
  71
  76
  81
  87
  93
  99
  106
  113
  121
  129
  137
  146
  155
  165
  176
  187
  198
  211
  224
  237
  252
  267
  283
  300
  318
  337
  357
  378
Net income, $m
  164
  167
  179
  192
  206
  220
  235
  251
  268
  286
  305
  327
  349
  371
  395
  420
  447
  475
  505
  536
  569
  604
  641
  681
  722
  765
  811
  860
  911
  965
  1,022

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  550
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,092
  3,727
  3,921
  4,123
  4,335
  4,558
  4,791
  5,035
  5,292
  5,561
  5,844
  6,140
  6,451
  6,777
  7,119
  7,478
  7,855
  8,251
  8,666
  9,102
  9,560
  10,040
  10,544
  11,074
  11,629
  12,213
  12,825
  13,468
  14,143
  14,851
  15,595
Adjusted assets (=assets-cash), $m
  3,542
  3,727
  3,921
  4,123
  4,335
  4,558
  4,791
  5,035
  5,292
  5,561
  5,844
  6,140
  6,451
  6,777
  7,119
  7,478
  7,855
  8,251
  8,666
  9,102
  9,560
  10,040
  10,544
  11,074
  11,629
  12,213
  12,825
  13,468
  14,143
  14,851
  15,595
Revenue / Adjusted assets
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
  1.099
Average production assets, $m
  2,572
  2,704
  2,844
  2,991
  3,144
  3,306
  3,475
  3,652
  3,839
  4,034
  4,239
  4,453
  4,679
  4,915
  5,164
  5,424
  5,698
  5,985
  6,286
  6,602
  6,934
  7,282
  7,648
  8,032
  8,435
  8,858
  9,302
  9,769
  10,258
  10,772
  11,312
Working capital, $m
  404
  -119
  -125
  -131
  -138
  -145
  -153
  -160
  -169
  -177
  -186
  -196
  -206
  -216
  -227
  -238
  -250
  -263
  -276
  -290
  -305
  -320
  -336
  -353
  -371
  -389
  -409
  -429
  -451
  -473
  -497
Total debt, $m
  1,475
  1,581
  1,727
  1,880
  2,040
  2,208
  2,384
  2,569
  2,762
  2,966
  3,179
  3,403
  3,637
  3,883
  4,142
  4,413
  4,698
  4,996
  5,310
  5,639
  5,985
  6,347
  6,728
  7,128
  7,547
  7,987
  8,450
  8,935
  9,445
  9,980
  10,541
Total liabilities, $m
  2,709
  2,814
  2,960
  3,113
  3,273
  3,441
  3,617
  3,802
  3,995
  4,199
  4,412
  4,636
  4,870
  5,116
  5,375
  5,646
  5,931
  6,229
  6,543
  6,872
  7,218
  7,580
  7,961
  8,361
  8,780
  9,220
  9,683
  10,168
  10,678
  11,213
  11,774
Total equity, $m
  1,384
  913
  961
  1,010
  1,062
  1,117
  1,174
  1,234
  1,297
  1,362
  1,432
  1,504
  1,580
  1,660
  1,744
  1,832
  1,925
  2,021
  2,123
  2,230
  2,342
  2,460
  2,583
  2,713
  2,849
  2,992
  3,142
  3,300
  3,465
  3,639
  3,821
Total liabilities and equity, $m
  4,093
  3,727
  3,921
  4,123
  4,335
  4,558
  4,791
  5,036
  5,292
  5,561
  5,844
  6,140
  6,450
  6,776
  7,119
  7,478
  7,856
  8,250
  8,666
  9,102
  9,560
  10,040
  10,544
  11,074
  11,629
  12,212
  12,825
  13,468
  14,143
  14,852
  15,595
Debt-to-equity ratio
  1.066
  1.730
  1.800
  1.860
  1.920
  1.980
  2.030
  2.080
  2.130
  2.180
  2.220
  2.260
  2.300
  2.340
  2.370
  2.410
  2.440
  2.470
  2.500
  2.530
  2.560
  2.580
  2.600
  2.630
  2.650
  2.670
  2.690
  2.710
  2.730
  2.740
  2.760
Adjusted equity ratio
  0.235
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245
  0.245

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  164
  167
  179
  192
  206
  220
  235
  251
  268
  286
  305
  327
  349
  371
  395
  420
  447
  475
  505
  536
  569
  604
  641
  681
  722
  765
  811
  860
  911
  965
  1,022
Depreciation, amort., depletion, $m
  555
  543
  571
  601
  631
  664
  697
  733
  770
  809
  850
  891
  936
  983
  1,033
  1,085
  1,140
  1,197
  1,257
  1,320
  1,387
  1,456
  1,530
  1,606
  1,687
  1,772
  1,860
  1,954
  2,052
  2,154
  2,262
Funds from operations, $m
  742
  710
  750
  793
  837
  884
  933
  984
  1,038
  1,095
  1,155
  1,218
  1,284
  1,354
  1,428
  1,505
  1,586
  1,672
  1,762
  1,857
  1,956
  2,061
  2,171
  2,287
  2,409
  2,537
  2,672
  2,814
  2,963
  3,120
  3,285
Change in working capital, $m
  13
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
  -9
  -10
  -10
  -11
  -11
  -12
  -13
  -13
  -14
  -15
  -15
  -16
  -17
  -18
  -19
  -20
  -20
  -22
  -23
  -24
Cash from operations, $m
  729
  709
  757
  799
  844
  891
  940
  992
  1,047
  1,104
  1,164
  1,227
  1,294
  1,365
  1,439
  1,516
  1,598
  1,684
  1,775
  1,870
  1,971
  2,076
  2,187
  2,304
  2,427
  2,556
  2,691
  2,834
  2,984
  3,142
  3,308
Maintenance CAPEX, $m
  0
  -514
  -541
  -569
  -598
  -629
  -661
  -695
  -730
  -768
  -807
  -848
  -891
  -936
  -983
  -1,033
  -1,085
  -1,140
  -1,197
  -1,257
  -1,320
  -1,387
  -1,456
  -1,530
  -1,606
  -1,687
  -1,772
  -1,860
  -1,954
  -2,052
  -2,154
New CAPEX, $m
  -650
  -132
  -140
  -147
  -154
  -161
  -169
  -177
  -186
  -195
  -205
  -215
  -225
  -237
  -248
  -261
  -273
  -287
  -301
  -316
  -332
  -348
  -366
  -384
  -403
  -423
  -444
  -466
  -490
  -514
  -540
Cash from investing activities, $m
  -589
  -646
  -681
  -716
  -752
  -790
  -830
  -872
  -916
  -963
  -1,012
  -1,063
  -1,116
  -1,173
  -1,231
  -1,294
  -1,358
  -1,427
  -1,498
  -1,573
  -1,652
  -1,735
  -1,822
  -1,914
  -2,009
  -2,110
  -2,216
  -2,326
  -2,444
  -2,566
  -2,694
Free cash flow, $m
  140
  62
  76
  83
  92
  100
  110
  119
  130
  141
  153
  165
  178
  192
  207
  223
  240
  258
  277
  297
  318
  341
  365
  390
  417
  446
  476
  507
  541
  577
  614
Issuance/(repayment) of debt, $m
  -119
  141
  146
  153
  160
  168
  176
  185
  194
  203
  213
  224
  235
  246
  258
  271
  285
  299
  314
  329
  345
  363
  381
  400
  420
  440
  462
  485
  510
  535
  562
Issuance/(repurchase) of shares, $m
  8
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -112
  141
  146
  153
  160
  168
  176
  185
  194
  203
  213
  224
  235
  246
  258
  271
  285
  299
  314
  329
  345
  363
  381
  400
  420
  440
  462
  485
  510
  535
  562
Total cash flow (excl. dividends), $m
  28
  204
  222
  236
  252
  268
  286
  304
  324
  344
  366
  388
  413
  438
  466
  494
  525
  557
  590
  626
  664
  704
  746
  790
  837
  886
  938
  993
  1,051
  1,112
  1,176
Retained Cash Flow (-), $m
  -184
  -44
  -47
  -50
  -52
  -54
  -57
  -60
  -63
  -66
  -69
  -73
  -76
  -80
  -84
  -88
  -92
  -97
  -102
  -107
  -112
  -118
  -124
  -130
  -136
  -143
  -150
  -158
  -165
  -174
  -182
Prev. year cash balance distribution, $m
 
  515
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  674
  174
  187
  200
  214
  229
  244
  261
  278
  297
  316
  337
  359
  382
  406
  432
  460
  489
  519
  552
  586
  622
  660
  701
  743
  788
  835
  885
  938
  994
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  646
  160
  162
  165
  166
  166
  165
  163
  160
  156
  150
  144
  136
  128
  119
  110
  100
  90
  80
  70
  61
  52
  43
  36
  29
  23
  18
  14
  10
  7
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer backgrinds, package design, packaging, and test and drop shipment services. Its packages employ wirebond, flip chip, and copper clip interconnect technologies. The company also provides semiconductor testing services, such as wafer testing or probe, and final test services; flip chip chip scale package products for use in smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory, and as applications processors in mobile devices; flip chip ball grid array (BGA) products for various networking, storage, computing, and consumer applications; and flip chip molded BGA packages. In addition, it offers leadframe packages that are used in electronic devices for low to medium pin count applications; substrate-based wirebond packages that are used to connect a die to a substrate; micro-electro-mechanical systems packages that are miniaturized mechanical and electro-mechanical devices; and system-in-package modules, which are used in RF and front end modules, baseband processing, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid state drives. The company primarily serves integrated device manufacturers, fabless semiconductor companies, and contract foundries, as well as communications, consumer, networking, computing, and automotive and industrial markets. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.

FINANCIAL RATIOS  of  Amkor Technology (AMKR)

Valuation Ratios
P/E Ratio 17.1
Price to Sales 0.7
Price to Book 2
Price to Tangible Book
Price to Cash Flow 3.8
Price to Free Cash Flow 35.5
Growth Rates
Sales Growth Rate 35%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 20.8%
Cap. Spend. - 3 Yr. Gr. Rate 2.8%
Financial Strength
Quick Ratio 16
Current Ratio 0
LT Debt to Equity 104%
Total Debt to Equity 106.6%
Interest Coverage 3
Management Effectiveness
Return On Assets 5.7%
Ret/ On Assets - 3 Yr. Avg. 4.8%
Return On Total Capital 5.8%
Ret/ On T. Cap. - 3 Yr. Avg. 4.2%
Return On Equity 12.7%
Return On Equity - 3 Yr. Avg. 9.9%
Asset Turnover 1
Profitability Ratios
Gross Margin 17.8%
Gross Margin - 3 Yr. Avg. 17.4%
EBITDA Margin 22%
EBITDA Margin - 3 Yr. Avg. 22.4%
Operating Margin 7.6%
Oper. Margin - 3 Yr. Avg. 6.6%
Pre-Tax Margin 5.5%
Pre-Tax Margin - 3 Yr. Avg. 4.1%
Net Profit Margin 4.2%
Net Profit Margin - 3 Yr. Avg. 3.4%
Effective Tax Rate 22.3%
Eff/ Tax Rate - 3 Yr. Avg. 29.5%
Payout Ratio 0%

AMKR stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the AMKR stock intrinsic value calculation we used $3894 million for the last fiscal year's total revenue generated by Amkor Technology. The default revenue input number comes from 2016 income statement of Amkor Technology. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our AMKR stock valuation model: a) initial revenue growth rate of 5.2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for AMKR is calculated based on our internal credit rating of Amkor Technology, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Amkor Technology.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of AMKR stock the variable cost ratio is equal to 84.9%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $300 million in the base year in the intrinsic value calculation for AMKR stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.7% for Amkor Technology.

Corporate tax rate of 27% is the nominal tax rate for Amkor Technology. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the AMKR stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for AMKR are equal to 66%.

Life of production assets of 4.7 years is the average useful life of capital assets used in Amkor Technology operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for AMKR is equal to -2.9%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1384 million for Amkor Technology - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 243.22 million for Amkor Technology is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Amkor Technology at the current share price and the inputted number of shares is $2.9 billion.


Premium access subscription - $499/yr

please register and log in before paying
RELATED COMPANIES Price Int.Val. Rating
SPIL Siliconware Pr 8.36 prem.  prem.
ASX Advanced Semic 6.32 prem.  prem.
TSM Taiwan Semicon 35.51 prem.  prem.
INTC Intel 36.26 prem.  prem.
MU Micron Technol 29.76 prem.  prem.
TXN Texas Instrume 81.12 prem.  prem.
QCOM Qualcomm 57.52 prem.  prem.
SMI Semiconductor 5.33 prem.  prem.
UMC United Microel 2.06 prem.  prem.

COMPANY NEWS

▶ Amkor Technology Completes Acquisition of NANIUM   [May-22-17 04:10PM  Business Wire]
▶ Amkor Technology reports 1Q loss   [Apr-27-17 05:36PM  Associated Press]
▶ Post Earnings Coverage as Amkor Revenue Soared 52%   [Feb-21-17 08:15AM  Accesswire]
▶ Amkor Technology posts 4Q profit   [Feb-13-17 05:56PM  Associated Press]
▶ NANIUM   [12:03PM  Business Wire]
▶ NANIUM   [11:56AM  Business Wire]
▶ Amkor buying Portuguese semiconductor packaging solutions company   [Feb-02-17 01:25PM  at bizjournals.com]
▶ Amkor Technology to Acquire NANIUM   [09:00AM  Business Wire]
▶ 3 of the Best Tech Stocks You've Never Heard Of   [Jan-04-17 08:40AM  at Kiplinger]
▶ Is La Quinta Holdings Inc (LQ) A Good Stock To Buy?   [Dec-06-16 12:22AM  at Insider Monkey]
▶ Is 2U Inc (TWOU) A Good Stock To Buy?   [Dec-04-16 11:02PM  at Insider Monkey]
▶ 4 stocks to watch   [Nov-23-16 09:30AM  at MarketWatch]
▶ Amkor Technology to Present at Upcoming Conferences   [Nov-03-16 05:45PM  Business Wire]
▶ Why Amkor Technology, Inc. Stock Jumped   [Nov-01-16 02:06PM  at Motley Fool]
Stock chart of AMKR Financial statements of AMKR Annual reports of AMKR
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.