IMOS Stock Analysis: ChipMOS Technologies | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 2.193m USD | 12M Return: 218.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.37M
Qual. Beats: 0
Rev. Trend: 91.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ChipMOS Technologies Inc. (NASDAQ: IMOS) is a Taiwan-based provider of semiconductor assembly and testing services, operating from Hsinchu City since its 1997 incorporation. The company runs five business segments: Testing, Assembly, Display Panel Driver Semiconductor Assembly and Testing, Bumping, and Others, serving fabless companies, integrated device manufacturers (IDMs), and foundries across Taiwan, Japan, China, and other international markets. Its service portfolio spans leadframe- and substrate-based packaging formats (including FBGA, TFBGA, COG, and COF), wafer and final testing for logic, memory, mixed-signal, and display driver ICs, bumping services, and turnkey solutions covering wafer sort, assembly, test, and drop shipment. As a backend semiconductor specialist, ChipMOS operates in the outsourced semiconductor assembly and test (OSAT) segment, which provides the packaging and final-test steps that occur after wafer fabrication is completed at front-end fabs.
- Display driver IC orders rise with TV and smartphone panel demand
- Memory test utilization climbs as DRAM and NAND pricing recovers
- OSAT margins compress amid fierce competition and rising capex
| Net Income: 826.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.69 > 1.0 |
| NWC/Revenue: 56.35% < 20% (prev 66.25%; Δ -9.90% < -1%) |
| CFO/TA 0.07 > 3% & CFO 3.28b > Net Income 826.4m |
| Net Debt (4.20b) to EBITDA (1.74b): 2.41 < 3 |
| Current Ratio: 2.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.1m) vs 12m ago -3.47% < -2% |
| Gross Margin: 11.95% > 18% (prev 11.80%; Δ 0.15% > 0.5%) |
| Asset Turnover: 57.86% > 50% (prev 52.78%; Δ 5.07% > 0%) |
| Interest Coverage Ratio: 3.47 > 6 (EBIT TTM 1.73b / Interest Expense TTM 499.8m) |
| A: 0.32 (Total Current Assets 24.3b - Total Current Liabilities 9.98b) / Total Assets 44.8b |
| B: 0.19 (Retained Earnings 8.30b / Total Assets 44.8b) |
| C: 0.04 (EBIT TTM 1.73b / Avg Total Assets 44.0b) |
| D: 1.22 (Book Value of Equity 24.6b / Total Liabilities 20.2b) |
| Altman-Z'' = 4.25 = AA |
| DSRI: 1.14 (Receivables 7.20b/5.64b, Revenue 25.5b/22.8b) |
| GMI: 0.99 (GM 11.80% / 11.95%) |
| AQI: 2.33 (AQ_t 0.04 / AQ_t-1 0.02) |
| SGI: 1.12 (Revenue 25.5b / 22.8b) |
| TATA: -0.05 (NI 826.4m - CFO 3.28b) / TA 44.8b) |
| Beneish M = -2.05 (Cap -4..+1) = BB |
As of July 29, 2026, the stock is trading at USD 54.94 with a total of 66,039 shares traded. Over the past week, the price has changed by -12.90%, over one month by -5.76%, over three months by +28.40% and over the past year by +218.24%.
Current recommended Stop Loss: 49.00 (which is 10.8% or 1.2 ATR below the current price).
ChipMOS Technologies has no consensus analysts rating.
| Analysts Target Price | 20 | -63.6% |
Market Cap TWD = 70.9b (2.19b USD * 32.328 USD.TWD)
P/E Trailing = 87.6111
P/E Forward = 11.3766
P/S = 0.0866
P/B = 3.1097
P/EG = 2.13
Revenue TTM = 25.5b TWD
EBIT TTM = 1.73b TWD
EBITDA TTM = 1.74b TWD
Long Term Debt = 9.18b TWD (from longTermDebt, last quarter)
Short Term Debt = 5.86b TWD (from shortTermDebt, last quarter)
Debt = 16.7b TWD (from shortLongTermDebtTotal, last quarter) + Leases 862.4m
Net Debt = 4.20b TWD (calculated: Debt 16.7b - CCE 12.5b)
Enterprise Value = 75.1b TWD (70.9b + Debt 16.7b - CCE 12.5b)
Interest Coverage Ratio = 3.47 (Ebit TTM 1.73b / Interest Expense TTM 499.8m)
EV/FCF = -299.8x (Enterprise Value 75.1b / FCF TTM -250.5m)
FCF Yield = -0.33% (FCF TTM -250.5m / Enterprise Value 75.1b)
FCF Margin = -0.98% (FCF TTM -250.5m / Revenue TTM 25.5b)
Net Margin = 3.25% (Net Income TTM 826.4m / Revenue TTM 25.5b)
Gross Margin = 11.95% ((Revenue TTM 25.5b - Cost of Revenue TTM 22.4b) / Revenue TTM)
Gross Margin QoQ = 13.78% (prev 14.28%)
Tobins Q-Ratio = 1.68 (Enterprise Value 75.1b / Total Assets 44.8b)
Interest Expense / Debt = 3.00% (Interest Expense 499.8m / Debt 16.7b)
Taxrate = 16.57% (164.1m / 990.5m)
NOPAT = 1.45b (EBIT 1.73b * (1 - 16.57%))
Current Ratio = 2.44 (Total Current Assets 24.3b / Total Current Liabilities 9.98b)
Debt / Equity = 0.68 (Debt 16.7b / totalStockholderEquity, last quarter 24.6b)
Debt / EBITDA = 2.41 (Net Debt 4.20b / EBITDA 1.74b)
Debt / FCF = -16.75 (negative FCF - burning cash) (Net Debt 4.20b / FCF TTM -250.5m)
Total Stockholder Equity = 23.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.88% (Net Income 826.4m / Total Assets 44.8b)
RoE = 3.47% (Net Income TTM 826.4m / Total Stockholder Equity 23.8b)
RoCE = 5.26% (EBIT 1.73b / Capital Employed (Equity 23.8b + L.T.Debt 9.18b))
RoIC = 3.67% (NOPAT 1.45b / Invested Capital 39.4b)
WACC = 9.62% (E(70.9b)/V(87.6b) * Re(11.30%) + D(16.7b)/V(87.6b) * Rd(3.00%) * (1-Tc(0.17)))
Discount Rate = 11.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.95 | Cagr: -2.08%
[DCF] Fair Price = unknown (Cash Flow -250.5m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.80 | # QB: 0
Revenue Correlation: 91.31 | Revenue CAGR: 6.94% | SUE: 0.43 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+26.3%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+14.9%