AMKR AMKR

Name: AMKR Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored April 20, 2026

Price at analysis: $67.37

Crucible Score

47.1

C-

Quality × Value Composite

KQI — Quality

52.8

Fundamental Quality Index

KVI — Value

40.1

Valuation Attractiveness Index

Crucible Verdict — AMKR

AMKR trades near fair value at $67 versus a $68 base case, but the C- Crucible Score reflects mediocre fundamentals across most dimensions despite a solid 76% earnings beat rate. The stock's 86% performance-based compensation structure creates alignment, yet insider selling and weak value metrics at 40.1 suggest limited upside potential. Watch for operational improvements to justify current pricing.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

52.1

Growth Profile

53.8

Moat Durability

47.4

Management Effectiveness

56.0

Diversification & Resilience

47.2

Market Position

66.0

Weakest dimension: Diversification & Resilience (47.2)

◆ KVI Value Dimensions

DCF Margin of Safety

49.2

FCF Yield & Cash Returns

25.1

Relative Valuation

78.1

Growth-Adjusted Value

22.0

Historical Valuation

5.5

Macro Context

38.9

◆ DCF Valuation Scenarios

Bear Case

$42.15

Base Case

$68.50

Bull Case

$105.80

Price at Analysis

$67.37

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$42.15	3.0%	7.0%	16.0%
🟢 Base	$68.50	5.0%	10.0%	15.0%
🟢 Bull	$105.80	8.0%	13.0%	14.0%

Key Assumptions: WACC is high at ~15% driven by AMKR's elevated beta of 1.95 and a 5.5% equity risk premium appropriate for the semiconductor sector. Revenue base anchored at ~$6.7B with historical CAGR near 2-3%, reflecting AMKR's position as an OSAT provider with cyclical but moderate growth. Operating margins have ranged from 7-13% historically; bear assumes reversion to low end (~7%), base assumes stabilization around 10%, and bull assumes sustained improvement toward 13% driven by advanced packaging tailwinds. Capex intensity averages ~13% of revenue consistent with the 5-year history, and tax rate is set at 14% reflecting the blended historical effective rate.

◆ Financial Snapshot

Profitability

Gross Margin14.0%

Operating Margin7.0%

Net Margin5.6%

ROIC6.0%

ROE12.4%

Balance Sheet

Balance SheetCR: 2.27

Cash ConversionFCF/EPS: 0.51x

Capital IntensityCapex/Rev: 13.5%

Altman Z-Score4.57 (Safe)

Piotroski F-Score6/9 (Good)

Growth

Revenue CAGR2.2% CAGR

Earnings CAGR-12.7% CAGR

Growth ConsistencyCV: 1.63

Segment Breadth2/2 growing (100%)

Quarterly TrendRev↑, Margin↑, WC↓

Earnings CredibilityTends to Beat

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership26.4%

Compensation86% performance-based

Insider ActivitySelling

Capital AllocationROIC 6.0% vs WACC 3.8%

Earnings Beat Rate76% (16/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted April 20, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.