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Alchip Technologies Ltd
TWSE:3661

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Alchip Technologies Ltd
TWSE:3661
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Price: 4 135 TWD 3.25% Market Closed
Market Cap: NT$336.2B

EV/IC

17.3
Current
57%
More Expensive
vs 3-y average of 11

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
17.3
=
Enterprise Value
NT$180B
/
Invested Capital
NT$17.2B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
17.3
=
Enterprise Value
NT$180B
/
Invested Capital
NT$17.2B

Valuation Scenarios

Alchip Technologies Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (11), the stock would be worth NT$2 625.46 (37% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-93%
Maximum Upside
No Upside Scenarios
Average Downside
64%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 17.3 NT$4 135
0%
3-Year Average 11 NT$2 625.46
-37%
5-Year Average 10.5 NT$2 502.33
-39%
Industry Average 1.9 NT$464.41
-89%
Country Average 1.2 NT$283.48
-93%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
TW
Alchip Technologies Ltd
TWSE:3661
336.1B TWD 17.3 60.4
US
NVIDIA Corp
NASDAQ:NVDA
4.8T USD 35.5 40.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 13.3 79.9
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
55.4T TWD 10.2 29.3
US
Micron Technology Inc
NASDAQ:MU
611.6B USD 7.3 25.4
US
Advanced Micro Devices Inc
NASDAQ:AMD
587.7B USD 9.1 135.6
KR
SK Hynix Inc
KRX:000660
701.7T KRW 5 16.1
US
Intel Corp
NASDAQ:INTC
500.4B USD 3.1 -157.7
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 9.1 47.8
UK
Arm Holdings PLC
NASDAQ:ARM
224.3B USD 33.7 280
US
Analog Devices Inc
NASDAQ:ADI
194.2B USD 4.6 71.7

Market Distribution

Higher than 99% of companies in Taiwan
Percentile
99th
Based on 869 companies
99th percentile
17.3
Low
0 — 0.9
Typical Range
0.9 — 1.8
High
1.8 —
Distribution Statistics
Taiwan
Min 0
30th Percentile 0.9
Median 1.2
70th Percentile 1.8
Max 1 954.3

Alchip Technologies Ltd
Glance View

Market Cap
336.2B TWD
Industry
Semiconductors

Alchip Technologies Ltd., founded in 2003, has carved out a niche for itself in the competitive world of semiconductor design, positioning itself as a key player in providing cutting-edge application-specific integrated circuits (ASICs). These tailor-made silicon solutions are pivotal for a wide range of high-performance computing applications, including artificial intelligence, data centers, and high-end consumer electronics. The company's operations hinge on collaborating closely with fabless design companies. By utilizing sophisticated design methodologies and leveraging partnerships with leading foundries, Alchip efficiently transforms innovative ideas into tangible, high-performing semiconductor solutions. The strategic advantage lies in its ability to deliver customized products faster and more cost-effectively than larger semiconductor manufacturers. In its pursuit of market dominance, Alchip generates revenue primarily by designing and selling ASICs that cater to the specific needs of its clients. The company employs a fabless business model, outsourcing the manufacturing process to foundries while focusing on the design and development phases. This approach allows Alchip to maintain flexibility and scale operations in alignment with market demands without the capital-intensive overhead of semiconductor manufacturing. Additionally, Alchip has mastered the art of bundling its design capabilities with value-added services, such as feasibility analysis, quality assurance, and logistics support. This not only enhances its competitive edge but also secures long-term partnerships with leading technology companies, ultimately driving consistent revenue growth.

Intrinsic Value
3 829.93 TWD
Overvaluation 7%
Intrinsic Value
Price NT$4 135
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