MeritValue

AMKOR TECHNOLOGY, INC.

AMKRdata completeness 100%18 fiscal years on file
i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$6.14B1$7.09B2$6.5B3$6.32B3$6.71B3
Net income$643M4$765.8M5$359.8M6$354M6$373.9M6
Operating cash flow$1.12B7$1.1B8$1.27B9$1.09B9$1.1B9
Capital expenditure$779.8M10$908.3M11$749.5M12$743.8M12$904.6M12
Free cash flow (derived)$341.5M7$190.5M8$520.6M9$345.1M9$191M9
Total debt$1.14B13$1.23B14$1.2B15$1.16B16$1.45B16
Cash & equivalents$826.7M17$959.1M18$1.12B19$1.13B20$1.38B20
Diluted shares245.7M246.2M247.2M247.8M248.5M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.0000040%
of the whole company
Your share of last year’s profit
$15.05
Your share of its debt
$58.17
Your share of free cash flow
$7.69
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
$66.51
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth16.7%
  • fcfBase$345.1M
DCF · Growth Exit 5Y
$40.62
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth16.7%
  • fcfBase$345.1M
Earnings Power Value
$15.86
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$373.9M
  • growthAssumed0.0%
Graham Number
$24.64
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

iv. The price question — last, on purpose
What does today’s price assume?
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years16.7%
Discount rate (WACC)8.78%
Terminal growth2.5%
At your growth, a share is worth $40.62

Default growth 16.7%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 10-K · period ending 2021-12-31 · accession 0001047127-24-000019 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2022-12-31 · accession 0001047127-25-000030 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2023-12-31 · accession 0001047127-26-000014 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2021-12-31 · accession 0001047127-24-000019 (NetIncomeLoss)
  5. 10-K · period ending 2022-12-31 · accession 0001047127-25-000030 (NetIncomeLoss)
  6. 10-K · period ending 2023-12-31 · accession 0001047127-26-000014 (NetIncomeLoss)
  7. 10-K · period ending 2021-12-31 · accession 0001047127-24-000019 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2022-12-31 · accession 0001047127-25-000030 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2023-12-31 · accession 0001047127-26-000014 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2021-12-31 · accession 0001047127-24-000019 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2022-12-31 · accession 0001047127-25-000030 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 10-K · period ending 2023-12-31 · accession 0001047127-26-000014 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2021-12-31 · accession 0001047127-23-000009 (LongTermDebtNoncurrent)
  14. 10-K · period ending 2022-12-31 · accession 0001047127-24-000019 (LongTermDebtNoncurrent)
  15. 10-K · period ending 2023-12-31 · accession 0001047127-25-000030 (LongTermDebtNoncurrent)
  16. 10-K · period ending 2024-12-31 · accession 0001047127-26-000014 (LongTermDebtNoncurrent)
  17. 10-K · period ending 2021-12-31 · accession 0001047127-23-000009 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2022-12-31 · accession 0001047127-24-000019 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2023-12-31 · accession 0001047127-25-000030 (CashAndCashEquivalentsAtCarryingValue)
  20. 10-K · period ending 2024-12-31 · accession 0001047127-26-000014 (CashAndCashEquivalentsAtCarryingValue)