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Silicon Integrated Systems Corp
TWSE:2363

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Silicon Integrated Systems Corp
TWSE:2363
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Price: 51.3 TWD -3.39% Market Closed
Market Cap: NT$26.4B

P/S

9.4
Current
91%
Cheaper
vs 3-y average of 102.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
9.4
=
Market Cap
NT$27.4B
/
Revenue
NT$2.8B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
9.4
=
Market Cap
NT$27.4B
/
Revenue
NT$2.8B

Valuation Scenarios

Silicon Integrated Systems Corp is trading below its 3-year average

If P/S returns to its 3-Year Average (102.2), the stock would be worth NT$559.99 (992% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-81%
Maximum Upside
+992%
Average Upside
411%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 9.4 NT$51.3
0%
3-Year Average 102.2 NT$559.99
+992%
5-Year Average 84.6 NT$463.59
+804%
Industry Average 2.8 NT$15.59
-70%
Country Average 1.8 NT$9.83
-81%

Forward P/S
Today’s price vs future revenue

Not enough data available to calculate forward P/S

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
TW
Silicon Integrated Systems Corp
TWSE:2363
26.4B TWD 9.4 33.5
US
NVIDIA Corp
NASDAQ:NVDA
5.1T USD 23.6 42.4
US
Broadcom Inc
NASDAQ:AVGO
1.9T USD 28.1 76.9
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
56.5T TWD 14 29.8
US
Micron Technology Inc
NASDAQ:MU
584.8B USD 10.1 24.3
US
Advanced Micro Devices Inc
NASDAQ:AMD
549.5B USD 15.9 126.8
US
Intel Corp
NASDAQ:INTC
475.9B USD 8.9 -149.9
KR
SK Hynix Inc
KRX:000660
701.7T KRW 9.2 20.8
US
Texas Instruments Inc
NASDAQ:TXN
244.2B USD 13.2 45.8
UK
Arm Holdings PLC
NASDAQ:ARM
214.2B USD 45.9 267.4
US
Analog Devices Inc
NASDAQ:ADI
190.1B USD 16.2 70.2

Market Distribution

Higher than 92% of companies in Taiwan
Percentile
92nd
Based on 872 companies
92nd percentile
9.4
Low
0.1 — 1.1
Typical Range
1.1 — 3.1
High
3.1 —
Distribution Statistics
Taiwan
Min 0.1
30th Percentile 1.1
Median 1.8
70th Percentile 3.1
Max 384 578.4

Silicon Integrated Systems Corp
Glance View

Market Cap
26.4B TWD
Industry
Semiconductors

Silicon Integrated Systems Corp. (SiS) emerged as a pivotal player within the semiconductor industry, rooted firmly in the bustling innovation scene of Taiwan. Founded in 1987, the company carved its niche by designing and manufacturing a variety of high-performance integrated circuits. Early in its journey, SiS took significant strides in the personal computer market, developing chipset solutions that cater primarily to reducing costs while enhancing performance efficiencies. Operating in a fiercely competitive landscape, SiS continuously refined its technological offerings to stay relevant. Through strategic partnerships and a keen understanding of market demands, SiS adeptly positioned itself within the supply chain of numerous global electronics manufacturers. By embedding its chipsets into everyday computing devices, the company secured a robust, recurring revenue stream integral to its growth. As technology evolved, so did SiS’s business acumen, allowing it to branch into more diversified arenas such as smart devices and consumer electronics. The company expanded its portfolio to include graphics and multimedia chipsets, tapping into the burgeoning demand for richer digital experiences. SiS capitalized on its core strength of delivering cost-effective solutions by delivering advanced, yet affordable chips that power a variety of applications from mobile devices to entertainment systems. This strategic diversification allowed SiS to not only bolster revenue streams but also mitigate risks associated with sector-specific downturns. By aligning its innovation trajectory with industry megatrends, SiS continually harnesses its expertise in semiconductor solutions, crafting a resilient business model that adapts to the rapid shifts in technology landscapes.

Intrinsic Value
54.45 TWD
Undervaluation 6%
Intrinsic Value
Price NT$51.3
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