5 Small Publicly Traded Semiconductor Companies

2. ChipMOS Technologies Inc. (NASDAQ:IMOS)

Market capitalization as of March 3: $886.97 million
Number of hedge fund holders: 6

Like Himax Technologies, ChipMOS Technologies Inc. (NASDAQ:IMOS) is also Taiwanese but headquartered in Hsinchu. The company is an industry-leading provider of outsourced semiconductor assembly and test services. It operates on the ground in mainland China, Taiwan, Singapore, and Japan. ChipMOS Technologies Inc. (NASDAQ:IMOS)’s stock has been having a good time in the market, at least for the past six months. In this period, the stock price climbed 10.73% to $23.64; the year-to-date performance is also satisfactory, posting a 10.16% improvement. ChipMOS’ fundamentals are strong, with a price-to-earnings (PE) ratio (TTM) of 5.73x – the PE ratio for the full year 2022 was 4.72x. The company also managed a three-year average PE ratio of 5.82x.

ChipMOS Technologies Inc. (NASDAQ:IMOS) ranks among the top 15 semiconductor companies in Taiwan and the top 100 in the world based on market capitalization. But the market cap may not be a good metric to value the company because it has a massive lead in its line of business. For example, ChipMOS Technologies Inc. (NASDAQ:IMOS)’s focus on testing and packaging semiconductors gives it an edge in the industry. Also, the company beats most competitors regarding financial performance. Specifically, it performed well in the face of geopolitical tensions between Taiwan and mainland China.

At the end of Q4 2022, 6 hedge funds owned a stake in ChipMOS Technologies Inc. (NASDAQ:IMOS), up from 5 in the preceding quarter. Verdad Advisers is the leading shareholder of ChipMOS Technologies Inc. (NASDAQ:IMOS), with a stake worth over $1.07 million.