Head-To-Head Review: Chipmos Technologies (IMOS) versus Its Competitors

Chipmos Technologies (NASDAQ:IMOS) is one of 221 public companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it contrast to its peers? We will compare Chipmos Technologies to related businesses based on the strength of its earnings, institutional ownership, analyst recommendations, profitability, valuation, risk and dividends.

Profitability

This table compares Chipmos Technologies and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chipmos Technologies	8.30%	9.19%	4.94%
Chipmos Technologies Competitors	-1,267.00%	-126.31%	-3.96%

Analyst Recommendations

This is a breakdown of current ratings and price targets for Chipmos Technologies and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Chipmos Technologies	0	1	0	0	2.00
Chipmos Technologies Competitors	3505	12358	25782	999	2.57

As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 52.97%. Given Chipmos Technologies’ peers stronger consensus rating and higher possible upside, analysts clearly believe Chipmos Technologies has less favorable growth aspects than its peers.

Insider and Institutional Ownership

7.4% of Chipmos Technologies shares are held by institutional investors. Comparatively, 54.8% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by institutional investors. 22.7% of Chipmos Technologies shares are held by company insiders. Comparatively, 11.5% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Chipmos Technologies and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Chipmos Technologies	$762.90 million	$17.55 million	21.46
Chipmos Technologies Competitors	$9.84 billion	$2.53 billion	8.06

Chipmos Technologies’ peers have higher revenue and earnings than Chipmos Technologies. Chipmos Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Volatility and Risk

Chipmos Technologies has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500. Comparatively, Chipmos Technologies’ peers have a beta of 2.80, meaning that their average share price is 180% more volatile than the S&P 500.

Summary

Chipmos Technologies peers beat Chipmos Technologies on 8 of the 13 factors compared.

Chipmos Technologies Company Profile

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments. The company provides a range of back-end assembly and testing services, including engineering test, wafer probing, and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-based and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, and testing and assembly services for LCD, OLED, and other panel display driver semiconductors. Its semiconductors are used in personal computers; office automation and consumer electronics; and communications equipment applications. The company was incorporated in 1997 and is headquartered in Hsinchu City, Taiwan.