IMOS Stock Analysis: ChipMOS Technologies | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 2.131m USD | 12M Return: 271.4% | US16965P2020 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.92M
Rev. Trend: 89.6%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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: 2.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.41 > 1.0 |
| NWC/Revenue: 54.79% < 20% (prev 57.26%; Δ -2.47% < -1%) |
| CFO/TA 0.10 > 3% & CFO 4.59b > Net Income 2.25b |
| Net Debt (4.32b) to EBITDA (7.79b): 0.55 < 3 |
| Current Ratio: 2.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.1m) vs 12m ago -1.87% < -2% |
| Gross Margin: 14.72% > 18% (prev 9.92%; Δ 4.80% > 0.5%) |
| Asset Turnover: 59.93% > 50% (prev 52.24%; Δ 7.69% > 0%) |
| Interest Coverage Ratio: 9.52 > 6 (EBIT TTM 2.66b / Interest Expense TTM 279.5m) |
| A: 0.32 (Total Current Assets 25.6b - Total Current Liabilities 10.7b) / Total Assets 47.0b |
| B: 0.27 (Retained Earnings 12.5b / Total Assets 47.0b) |
| C: 0.06 (EBIT TTM 2.66b / Avg Total Assets 45.2b) |
| D: 1.12 (Book Value of Equity 24.9b / Total Liabilities 22.1b) |
| Altman-Z'' = 4.52 = AA |
| DSRI: 1.06 (Receivables 7.63b/6.04b, Revenue 27.1b/22.7b) |
| GMI: 0.67 (GM 9.92% / 14.72%) |
| AQI: 1.40 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 1.19 (Revenue 27.1b / 22.7b) |
| TATA: -0.05 (NI 2.25b - CFO 4.59b) / TA 47.0b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at USD 71.78 with a total of 74,541 shares traded. Over the past week, the price has changed by +17.10%, over one month by +29.19%, over three months by +23.46% and over the past year by +271.40%.
Current recommended Stop Loss: 68.30 (which is 4.8% or 1.3 ATR below the current price).
ChipMOS Technologies has no consensus analysts rating.
| Analysts Target Price | 20 | -72.1% |
Market Cap TWD = 67.6b (2.13b USD * 31.709 USD.TWD)
P/E Trailing = 29.9024
P/E Forward = 11.3766
P/S = 0.079
P/B = 2.7353
P/EG = 2.13
Revenue TTM = 27.1b TWD
EBIT TTM = 2.66b TWD
EBITDA TTM = 7.79b TWD
Long Term Debt = 9.87b TWD (from longTermDebt, last fiscal year)
Short Term Debt = 4.91b TWD (from shortTermDebt, last quarter)
Debt = 16.9b TWD (from shortLongTermDebtTotal, last quarter) + Leases 862.4m
Net Debt = 4.32b TWD (calculated: Debt 16.9b - CCE 12.6b)
Enterprise Value = 71.9b TWD (67.6b + Debt 16.9b - CCE 12.6b)
Interest Coverage Ratio = 9.52 (Ebit TTM 2.66b / Interest Expense TTM 279.5m)
EV/FCF = -195.3x (Enterprise Value 71.9b / FCF TTM -368.2m)
FCF Yield = -0.51% (FCF TTM -368.2m / Enterprise Value 71.9b)
FCF Margin = -1.36% (FCF TTM -368.2m / Revenue TTM 27.1b)
Net Margin = 8.30% (Net Income TTM 2.25b / Revenue TTM 27.1b)
Gross Margin = 14.72% ((Revenue TTM 27.1b - Cost of Revenue TTM 23.1b) / Revenue TTM)
Gross Margin QoQ = 17.96% (prev 13.78%)
Tobins Q-Ratio = 1.53 (Enterprise Value 71.9b / Total Assets 47.0b)
Interest Expense / Debt = 1.66% (Interest Expense 279.5m / Debt 16.9b)
Taxrate = 15.95% (427.3m / 2.68b)
NOPAT = 2.24b (EBIT 2.66b * (1 - 15.95%))
Current Ratio = 2.39 (Total Current Assets 25.6b / Total Current Liabilities 10.7b)
Debt / Equity = 0.68 (Debt 16.9b / totalStockholderEquity, last quarter 24.9b)
Debt / EBITDA = 0.55 (Net Debt 4.32b / EBITDA 7.79b)
Debt / FCF = -11.73 (negative FCF - burning cash) (Net Debt 4.32b / FCF TTM -368.2m)
Total Stockholder Equity = 24.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.98% (Net Income 2.25b / Total Assets 47.0b)
RoE = 9.31% (Net Income TTM 2.25b / Total Stockholder Equity 24.2b)
RoCE = 7.81% (EBIT 2.66b / Capital Employed (Equity 24.2b + L.T.Debt 9.87b))
RoIC = 5.62% (NOPAT 2.24b / Invested Capital 39.8b)
WACC = 10.66% (E(67.6b)/V(84.5b) * Re(12.97%) + D(16.9b)/V(84.5b) * Rd(1.66%) * (1-Tc(0.16)))
Discount Rate = 12.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.07 | Cagr: -1.88%
[DCF] Fair Price = unknown (Cash Flow -368.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 89.60 | Revenue CAGR: 7.79% | SUE: -0.45 | # QB: 0
EPS current 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=+26.6%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+16.4%