AMKRAMKOR TECHNOLOGY, INC.

Semiconductors & Related Devices

Revenue: $6.7B; 6.2% YoY
Operating margin: 7.0%; 0.4% YoY
EBITDA: $1.1B; 7.4% YoY
Market cap: $9.8B
Employees: 30,800; $218K revenue each
Net debt / EBITDA: 0.8×; $893M net debt
AI in 10-K: 2.9; mentions per 10K words

Takeover score 2 of 13

Fixable underperformance 0 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
293% of net income
Cash flow under 80% of net income
Dilutive SBCNo
0% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
7% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
0% of assets
Over 40% of assets
Shareholder dissentNo
94% lowest support
Any vote under 80% support

Buyer economics 1 of 4

Low revenue per employeeYes
$218K · 20th pct
Bottom quartile of its SIC industry
Quiet on AINo
2.9 per 10K words · 69th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
0.8× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedNo
$9.8B market cap
Market cap $500M–$5B

Catalysts 1 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingYes
−$992M net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$6.1B	$7.1B	$6.5B	$6.3B	$6.7B	6.2%
Operating income	$763M	$897M	$470M	$438M	$467M	6.6%
Net income	$643M	$766M	$360M	$354M	$374M	5.6%
Operating cash flow	$1.1B	$1.1B	$1.3B	$1.1B	$1.1B	0.6%
Capex	$780M	$908M	$749M	$744M	$905M	22%
Stock-based comp	$11M	$14M	$8M	$18M	$20M	9.4%
Dividends	$51M	$55M	$75M	$179M	$82M	54%

Deal filings

None.

13D filers

Filed	Filer	Form	Stake	Intent
May 5, 2026	KIM JAMES J	SCHEDULE 13D/A	2.1%	Passive
May 16, 2025	KIM JAMES J	SCHEDULE 13D/A	21.3%	Passive
Oct 4, 2024	KIM JAMES J	SC 13D/A	—	Passive
Sep 11, 2023	KIM JAMES J	SC 13D/A	—	Passive
Jan 4, 2022	KIM JAMES J	SC 13D/A	0.1%	Passive
Mar 16, 2021	KIM JAMES J	SC 13D/A	—	Passive
Mar 20, 2020	KIM JAMES J	SC 13D/A	58.9%	Passive

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $992M · 42
Net: −$992M

Pay vs performance

No pay-versus-performance disclosure yet.