MediaTek Inc
2454: XTAI (TWN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
TWD 3,834.00 | Jqpyy | Jcwngvfc |
MediaTek’s Q3 Operating Figures Met Expectations. Premium Line-up Sustains 5G Momentum Into 2022.
We maintain our fair value estimate for MediaTek at TWD 1,730 per share, corresponding to 22.4 times 2022 P/E. Our 2022 to 2025 forecasts are unchanged even though we have slightly increased our 2021 assumptions to account for earlier price improvement in 5G system-on-chips, or SoCs.