FIH Mobile Ltd (FXCNF)

Technology · PNK

USD3.000.00% today

Fundamentals

Market capUSD2.34B
P/E ratio42.9
Dividend yield1.15%
Revenue growth (YoY)+20.7%
Profit margin0.8%
Return on equity3.6%
52-week rangeUSD1.22 to USD3.76

Valuation and ratings

DCF fair valueUSD2.69
Upside to fair value-10.3%
Moat score28/100
Overall rating37/100, Reduce

Fair value: USD2.69 (-10.3%), see how we got there

FIH Mobile Ltd trades at USD3.00, close to the USD2.69 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.

Our moat model scores it 28 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 42.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

FXCNF dividend history

Dividend yield1.15%
Most recent paymentUSD0.280, ex 31 May 2016
Ex-dividend date11 Jun 2026
Consecutive years of growth1
Consecutive years paid2

Dividends per share by year

YearTotal per sharePayments
2016USD0.2801
2015USD0.2501

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

About FIH Mobile Ltd

FIH Mobile Limited, an investment holding company, designs, manufactures, trades in, and repairs handsets worldwide. The company offers mobile/IoT devices; smart manufacturing services; intelligent automotive; software engineering; and vertical solutions. It also engages in research and development activities; manufacture and sale of electronic products; and import and export activities. The company was formerly known as Foxconn International Holdings Limited and changed its name to FIH Mobile Limited in May 2013. FIH Mobile Limited was incorporated in 2000 and is headquartered in New Taipei City, Taiwan. FIH Mobile Limited operates as a subsidiary of Foxconn (Far East) Limited.

Industry: Consumer ElectronicsEmployees: 32,142HQ: Taiwan

FXCNF passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is FIH Mobile Ltd (FXCNF) undervalued?

Against our discounted cash flow estimate of USD2.69, FXCNF at USD3.00 is 10% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is FXCNF's P/E ratio?

FXCNF trades at 42.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does FIH Mobile Ltd (FXCNF) pay a dividend?

Yes. FIH Mobile Ltd yields 1.15% at the current share price. It has paid a dividend in each of the last 2 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

The full research page for FXCNF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.