MediaTek Inc.

TWSE-2454

Basic

Market Cap
NT$2,029.23B
EV
NT$1,892.76B
Shares Out
1,591.55M
Revenue
NT$471.25B
Employees
—

Margins

Gross
49.09%
EBITDA
22.72%
Operating
19.02%
Pre-Tax
21.93%
Net
19.45%
FCF
37.76%

Returns (5Yr Avg)

ROA
12.25%
ROTA
19.55%
ROE
19.04%
ROCE
18.29%
ROIC
16.15%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
NT$1,340.1
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
NT$159.77B
Net Debt
-NT$142.41B
Debt/Equity
0.05
EBIT/Interest
212.65

Growth (CAGR)

Rev 3Yr
8.46%
Rev 5Yr
14.34%
Rev 10Yr
11.54%
Dil EPS 3Yr
14.53%
Dil EPS 5Yr
33.2%
Dil EPS 10Yr
8.91%
Rev Fwd 2Yr
17.18%
EBITDA Fwd 2Yr
24.84%
EPS Fwd 2Yr
21.7%
EPS LT Growth Est
30.51%

Dividends

Yield
—
Payout
95.29%
DPS
NT$55.01
DPS Growth 3Yr
14.13%
DPS Growth 5Yr
43.63%
DPS Growth 10Yr
13.88%
DPS Growth Fwd 2Yr
5.54%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues					246,221.7	322,146	493,414.6	548,796	433,446.3	471,253
Total Revenues % Chg.					3.4%	30.8%	53.2%	11.2%	-21%	-6.1%
Cost of Goods Sold, Total					143,176.2	180,610.5	261,810	277,891.6	226,079.3	239,897.6
Gross Profit					103,045.5	141,535.5	231,604.6	270,904.4	207,367	231,355.3
Selling General & Admin Expenses, Total					17,492.4	20,983.4	27,483.1	27,240.9	24,126.9	25,698
Provision for Bad Debts	—	—	—	—	-15.7	8.1	0.5	0.4	55.7	-2
R&D Expenses					63,001.4	77,324.8	96,080.8	116,874.7	111,384.9	116,048.7
Other Operating Expenses, Total					80,478.1	98,316.3	123,564.4	144,116	135,567.5	141,744.7
Operating Income					22,567.5	43,219.2	108,040.2	126,788.5	71,799.5	89,610.6
Interest Expense, Total					-1,628.7	-595	-192.6	-370.9	-399.4	-421.4
Interest And Investment Income					4,230.2	3,904.6	7,432.5	5,120.8	13,500.4	11,931.2
Net Interest Expenses					2,601.5	3,309.6	7,239.9	4,749.9	13,101.1	11,509.8
Income (Loss) On Equity Invest.					-72.6	351	978.5	1,378.3	278.4	513.4
Currency Exchange Gains (Loss)					193.5	-58.5	305.8	-716	-471.6	-1,671.6
Other Non Operating Income (Expenses)					1,024.1	600.3	923.5	2,693.8	2,107.9	2,116.3
EBT, Excl. Unusual Items					26,314	47,421.7	117,488	134,894.4	86,815.2	102,078.5
Gain (Loss) On Sale Of Investments					-62.2	11.2	948.5	697.7	-17.1	1,285.4
Gain (Loss) On Sale Of Assets					775.6	149.8	8,415.5	-30.8	-15.7	-15.6
EBT, Incl. Unusual Items					27,027.4	47,582.7	126,852.1	135,561.2	86,782.4	103,348.3
Income Tax Expense					3,823.1	6,144.1	14,979.5	16,936.2	9,591.5	11,393
Earnings From Continuing Operations					23,204.3	41,438.6	111,872.5	118,625	77,190.9	91,955.3
Minority Interest					-171.6	-521.8	-451.5	-483.9	-212.3	-314.5
Net Income					23,032.7	40,916.8	111,421.1	118,141.1	76,978.6	91,640.7
Net Income to Common Incl Extra Items					23,032.7	40,916.8	111,421.1	118,141.1	76,978.6	91,640.7
Net Income to Common Excl. Extra Items					23,032.7	40,916.8	111,421.1	118,141.1	76,978.6	91,640.7
Total Shares Outstanding					1,581.9	1,582.3	1,591	1,591.6	1,591.9	1,591.8
Weighted Avg. Shares Outstanding					1,567.9	1,573.3	1,579.1	1,583.8	1,586.8	1,587.6
Weighted Avg. Shares Outstanding Dil					1,580.7	1,583.6	1,586.8	1,591.6	1,592.5	1,592.8
EPS					14.7	26	70.6	74.6	48.5	57.7
EPS Diluted					14.6	25.8	70.2	74.2	48.3	57.5
EBITDA					30,255.3	52,334.6	117,799.5	140,658.6	88,670.3	107,064.8
Effective Tax Rate					14.1%	12.9%	11.8%	12.5%	11.1%	11%