Obermatt

Silergy

TAI:6415 · KYG8190F1028
Semiconductors & Semiconductor EquipmentMedium

360

53
EV / EBIT32
Price / Owner Earnings4
Owner Earnings Yield41
Dividend Yield35
Price/Sales8
EV / Gross Profit47
Price/Book16
Return on Capital44
Cash Return on Capital43
Return on Equity48
EBIT Margin56
Gross Profitability53
Cash Conversion10
Accruals10
Owner Earnings Margin49
Sales growth80
Profit Growth51
Long-Term EPS Growth96
Owner Earnings Growth82
Reinvestment49
Price momentum29
Debt load79
Refinancing43
Debt Payback100
Liquidity76
Analyst ratings49
Opinion Changes56
Price Target Upside70
Market mood32
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Silergy clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryChina
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
TypePublic Company
ExchangeTWSE
Founded2008
Employees167
ISINKYG8190F1028
Last UpdateApr 2, 2026
Themes
CleanTechElectric VehicleBattery Energy Storage System (BESS)SensorsIndustrial AutomationEnergy StorageDetectors, Sensors and MemsIndustrial ManufacturingTelecommunications

Description

Analysis

Hope premium

Silergy Corp. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 119.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 31% a year, against analyst forecasts of 64%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
42
2026

All-time high

60

Mar 2026

All-time low

42

Jun 2026

Average rank

51

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
8
Price/Earnings
12
Price/Book
16
Dividend Yield
35
Value (overall)
7

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →