View ValuationGrand-Tek Technology 将来の成長Future 基準チェック /06現在、 Grand-Tek Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electrical 収益成長33.2%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesUpcoming Dividend • Jun 16Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 20 July 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.3%).Declared Dividend • May 27Dividend increased to NT$2.80Dividend of NT$2.80 is 22% higher than last year. Ex-date: 23rd June 2026 Payment date: 20th July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.55 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (up from NT$0.55 in 1Q 2025). Revenue: NT$257.1m (up 12% from 1Q 2025). Net income: NT$21.0m (up 26% from 1Q 2025). Profit margin: 8.2% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$64.00. The fair value is estimated to be NT$81.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 29% to NT$62.50. The fair value is estimated to be NT$81.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.50 (vs NT$2.80 in FY 2024)Full year 2025 results: EPS: NT$3.50 (up from NT$2.80 in FY 2024). Revenue: NT$1.15b (up 23% from FY 2024). Net income: NT$104.9m (up 25% from FY 2024). Profit margin: 9.1% (up from 9.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$65.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 39% over the past three years.お知らせ • Feb 11Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city TaiwanNew Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$1.70b market cap, or US$53.7m).Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$58.40, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$1.59b market cap, or US$50.7m).Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 28x in the Electrical industry in Taiwan. Total returns to shareholders of 34% over the past three years.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.92 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.68 (down from NT$0.92 in 2Q 2024). Revenue: NT$324.8m (up 26% from 2Q 2024). Net income: NT$20.2m (down 27% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$50.20, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.Upcoming Dividend • Jun 23Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 22 July 2025. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).Declared Dividend • Jun 05Dividend increased to NT$2.30Dividend of NT$2.30 is 187% higher than last year. Ex-date: 30th June 2025 Payment date: 22nd July 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.6% EPS decline seen over the last 5 years.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.44 in 1Q 2024)First quarter 2025 results: EPS: NT$0.55 (up from NT$0.44 in 1Q 2024). Revenue: NT$229.2m (up 24% from 1Q 2024). Net income: NT$16.6m (up 27% from 1Q 2024). Profit margin: 7.3% (up from 7.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • May 16Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to NT$45.00. The fair value is estimated to be NT$37.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 28%.Reported Earnings • Mar 26Full year 2024 earnings released: EPS: NT$2.80 (vs NT$1.17 in FY 2023)Full year 2024 results: EPS: NT$2.80 (up from NT$1.17 in FY 2023). Revenue: NT$937.7m (up 16% from FY 2023). Net income: NT$84.0m (up 140% from FY 2023). Profit margin: 9.0% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Feb 27Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.20 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.35 (up from NT$0.20 in 3Q 2023). Revenue: NT$225.9m (up 20% from 3Q 2023). Net income: NT$10.4m (up 72% from 3Q 2023). Profit margin: 4.6% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.55 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.55 in 2Q 2023). Revenue: NT$257.2m (up 26% from 2Q 2023). Net income: NT$27.6m (up 67% from 2Q 2023). Profit margin: 11% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 20Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.3%).Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.41 in 1Q 2023)First quarter 2024 results: EPS: NT$0.44 (up from NT$0.41 in 1Q 2023). Revenue: NT$184.5m (down 25% from 1Q 2023). Net income: NT$13.1m (up 6.0% from 1Q 2023). Profit margin: 7.1% (up from 5.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$1.17 (vs NT$4.10 in FY 2022)Full year 2023 results: EPS: NT$1.17 (down from NT$4.10 in FY 2022). Revenue: NT$807.6m (down 29% from FY 2022). Net income: NT$35.0m (down 72% from FY 2022). Profit margin: 4.3% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.お知らせ • Mar 05Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024.New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Dividend per share is over 71x cash flows per share. Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (NT$1.35b market cap, or US$42.5m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.55 (vs NT$1.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.55 (down from NT$1.22 in 2Q 2022). Revenue: NT$204.5m (down 21% from 2Q 2022). Net income: NT$16.5m (down 55% from 2Q 2022). Profit margin: 8.1% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 06Upcoming dividend of NT$2.30 per share at 3.7% yieldEligible shareholders must have bought the stock before 13 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$5.00 (vs NT$3.50 in FY 2021)Full year 2022 results: EPS: NT$5.00 (up from NT$3.50 in FY 2021). Revenue: NT$1.13b (up 23% from FY 2021). Net income: NT$123.0m (up 44% from FY 2021). Profit margin: 11% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 94% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 07Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$1.14 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (up from NT$1.14 in 3Q 2021). Revenue: NT$320.4m (up 20% from 3Q 2021). Net income: NT$46.3m (up 65% from 3Q 2021). Profit margin: 14% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.49 (vs NT$0.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.49 (up from NT$0.64 in 2Q 2021). Revenue: NT$257.3m (up 32% from 2Q 2021). Net income: NT$36.7m (up 134% from 2Q 2021). Profit margin: 14% (up from 8.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 21Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 28 June 2022. Payment date: 22 July 2022. Payout ratio and cash payout ratio are on the higher end at 77% and 77% respectively. Trailing yield: 6.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.8%).Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.89 (vs NT$0.47 in 1Q 2021)First quarter 2022 results: EPS: NT$0.89 (up from NT$0.47 in 1Q 2021). Revenue: NT$243.5m (up 58% from 1Q 2021). Net income: NT$21.9m (up 95% from 1Q 2021). Profit margin: 9.0% (up from 7.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$3.50 (up from NT$2.03 in FY 2020). Revenue: NT$920.0m (up 76% from FY 2020). Net income: NT$85.4m (up 75% from FY 2020). Profit margin: 9.3% (in line with FY 2020). Revenue exceeded analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$60.10, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 124% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$53.50, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 103% over the past three years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.14 (vs NT$0.37 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$267.4m (up 113% from 3Q 2020). Net income: NT$28.1m (up 217% from 3Q 2020). Profit margin: 11% (up from 7.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.60 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$195.3m (up 52% from 2Q 2020). Net income: NT$15.7m (up 7.9% from 2Q 2020). Profit margin: 8.0% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 20 August 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%).Reported Earnings • May 12First quarter 2021 earnings released: EPS NT$0.47 (vs NT$0.56 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$154.0m (up 30% from 1Q 2020). Net income: NT$11.2m (down 17% from 1Q 2020). Profit margin: 7.3% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$44.40, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 30% over the past three years.分析記事 • Apr 05Investors Could Be Concerned With Grand-Tek Technology's (GTSM:3684) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$2.03 (vs NT$4.64 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$522.0m (up 11% from FY 2019). Net income: NT$48.8m (down 56% from FY 2019). Profit margin: 9.3% (down from 24% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Mar 15We Think Grand-Tek Technology (GTSM:3684) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Mar 13Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021.Is New 90 Day High Low • Feb 25New 90-day high: NT$37.40The company is up 9.0% from its price of NT$34.45 on 27 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period.分析記事 • Feb 21Has Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Most readers would already be aware that Grand-Tek Technology's (GTSM:3684) stock increased significantly by 5.5% over...Is New 90 Day High Low • Feb 06New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.50 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.分析記事 • Jan 31Is Grand-Tek Technology Co., Ltd. (GTSM:3684) An Attractive Dividend Stock?Is Grand-Tek Technology Co., Ltd. ( GTSM:3684 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Jan 21New 90-day low: NT$33.30The company is down 4.0% from its price of NT$34.80 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 8.0% over the same period.分析記事 • Jan 01Has Grand-Tek Technology (GTSM:3684) Got What It Takes To Become A Multi-Bagger?What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Dec 11Is Grand-Tek Technology (GTSM:3684) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 20Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?It is hard to get excited after looking at Grand-Tek Technology's (GTSM:3684) recent performance, when its stock has...Is New 90 Day High Low • Nov 10New 90-day low: NT$34.20The company is down 5.0% from its price of NT$36.15 on 12 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.37The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$125.7m (up 32% from 3Q 2019). Net income: NT$8.87m (down 86% from 3Q 2019). Profit margin: 7.1% (down from 65% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 25New 90-day low: NT$34.75The company is down 8.0% from its price of NT$37.65 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Grand-Tek Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:3684 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20261,1781096494N/A12/31/20251,150105142169N/A9/30/20251,147109118145N/A6/30/20251,0508077102N/A3/31/202598288124138N/A12/31/202493884129147N/A9/30/202483751156171N/A6/30/202479947154167N/A3/31/2024747363859N/A12/31/2023808351640N/A9/30/202394753128N/A6/30/20231,080936897N/A3/31/20231,133114180202N/A12/31/20221,131123193217N/A9/30/20221,125135180202N/A6/30/20221,072117126150N/A3/31/20221,010964876N/A12/31/2021920854157N/A9/30/202176667828N/A6/30/202162448-68-49N/A3/31/202155847-17-1N/A12/31/202052249-119N/A9/30/2020504502139N/A6/30/20204741036076N/A3/31/20204721085588N/A12/31/2019471111N/A72N/A9/30/2019423104N/A22N/A6/30/201942151N/A73N/A3/31/201943756N/A80N/A12/31/201845547N/A43N/A9/30/201853860N/A145N/A6/30/201861677N/A127N/A3/31/201863978N/A116N/A12/31/201762578N/A186N/A9/30/201759889N/A123N/A6/30/201758078N/A154N/A3/31/201756471N/A97N/A12/31/201657775N/A86N/A9/30/201660775N/A122N/A6/30/2016637101N/A83N/A3/31/2016673106N/A133N/A12/31/2015680107N/A123N/A9/30/201565396N/A116N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3684の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3684の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3684の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3684の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 3684の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3684の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/01 23:04終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Grand-Tek Technology Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関null nullCapital Securities Corporation
Upcoming Dividend • Jun 16Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 20 July 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.3%).
Declared Dividend • May 27Dividend increased to NT$2.80Dividend of NT$2.80 is 22% higher than last year. Ex-date: 23rd June 2026 Payment date: 20th July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.55 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (up from NT$0.55 in 1Q 2025). Revenue: NT$257.1m (up 12% from 1Q 2025). Net income: NT$21.0m (up 26% from 1Q 2025). Profit margin: 8.2% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$64.00. The fair value is estimated to be NT$81.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 29% to NT$62.50. The fair value is estimated to be NT$81.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.50 (vs NT$2.80 in FY 2024)Full year 2025 results: EPS: NT$3.50 (up from NT$2.80 in FY 2024). Revenue: NT$1.15b (up 23% from FY 2024). Net income: NT$104.9m (up 25% from FY 2024). Profit margin: 9.1% (up from 9.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$65.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 39% over the past three years.
お知らせ • Feb 11Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city Taiwan
New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$1.70b market cap, or US$53.7m).
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$58.40, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.
New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$1.59b market cap, or US$50.7m).
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 28x in the Electrical industry in Taiwan. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.92 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.68 (down from NT$0.92 in 2Q 2024). Revenue: NT$324.8m (up 26% from 2Q 2024). Net income: NT$20.2m (down 27% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$50.20, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.
Upcoming Dividend • Jun 23Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 22 July 2025. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).
Declared Dividend • Jun 05Dividend increased to NT$2.30Dividend of NT$2.30 is 187% higher than last year. Ex-date: 30th June 2025 Payment date: 22nd July 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.6% EPS decline seen over the last 5 years.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.44 in 1Q 2024)First quarter 2025 results: EPS: NT$0.55 (up from NT$0.44 in 1Q 2024). Revenue: NT$229.2m (up 24% from 1Q 2024). Net income: NT$16.6m (up 27% from 1Q 2024). Profit margin: 7.3% (up from 7.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • May 16Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to NT$45.00. The fair value is estimated to be NT$37.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 28%.
Reported Earnings • Mar 26Full year 2024 earnings released: EPS: NT$2.80 (vs NT$1.17 in FY 2023)Full year 2024 results: EPS: NT$2.80 (up from NT$1.17 in FY 2023). Revenue: NT$937.7m (up 16% from FY 2023). Net income: NT$84.0m (up 140% from FY 2023). Profit margin: 9.0% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Feb 27Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.20 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.35 (up from NT$0.20 in 3Q 2023). Revenue: NT$225.9m (up 20% from 3Q 2023). Net income: NT$10.4m (up 72% from 3Q 2023). Profit margin: 4.6% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.55 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.55 in 2Q 2023). Revenue: NT$257.2m (up 26% from 2Q 2023). Net income: NT$27.6m (up 67% from 2Q 2023). Profit margin: 11% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 20Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.3%).
Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.41 in 1Q 2023)First quarter 2024 results: EPS: NT$0.44 (up from NT$0.41 in 1Q 2023). Revenue: NT$184.5m (down 25% from 1Q 2023). Net income: NT$13.1m (up 6.0% from 1Q 2023). Profit margin: 7.1% (up from 5.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$1.17 (vs NT$4.10 in FY 2022)Full year 2023 results: EPS: NT$1.17 (down from NT$4.10 in FY 2022). Revenue: NT$807.6m (down 29% from FY 2022). Net income: NT$35.0m (down 72% from FY 2022). Profit margin: 4.3% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Mar 05Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024.
New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Dividend per share is over 71x cash flows per share. Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (NT$1.35b market cap, or US$42.5m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.55 (vs NT$1.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.55 (down from NT$1.22 in 2Q 2022). Revenue: NT$204.5m (down 21% from 2Q 2022). Net income: NT$16.5m (down 55% from 2Q 2022). Profit margin: 8.1% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 06Upcoming dividend of NT$2.30 per share at 3.7% yieldEligible shareholders must have bought the stock before 13 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$5.00 (vs NT$3.50 in FY 2021)Full year 2022 results: EPS: NT$5.00 (up from NT$3.50 in FY 2021). Revenue: NT$1.13b (up 23% from FY 2021). Net income: NT$123.0m (up 44% from FY 2021). Profit margin: 11% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 94% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 07Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$1.14 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (up from NT$1.14 in 3Q 2021). Revenue: NT$320.4m (up 20% from 3Q 2021). Net income: NT$46.3m (up 65% from 3Q 2021). Profit margin: 14% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.49 (vs NT$0.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.49 (up from NT$0.64 in 2Q 2021). Revenue: NT$257.3m (up 32% from 2Q 2021). Net income: NT$36.7m (up 134% from 2Q 2021). Profit margin: 14% (up from 8.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 21Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 28 June 2022. Payment date: 22 July 2022. Payout ratio and cash payout ratio are on the higher end at 77% and 77% respectively. Trailing yield: 6.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.8%).
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.89 (vs NT$0.47 in 1Q 2021)First quarter 2022 results: EPS: NT$0.89 (up from NT$0.47 in 1Q 2021). Revenue: NT$243.5m (up 58% from 1Q 2021). Net income: NT$21.9m (up 95% from 1Q 2021). Profit margin: 9.0% (up from 7.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$3.50 (up from NT$2.03 in FY 2020). Revenue: NT$920.0m (up 76% from FY 2020). Net income: NT$85.4m (up 75% from FY 2020). Profit margin: 9.3% (in line with FY 2020). Revenue exceeded analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$60.10, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 124% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$53.50, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.14 (vs NT$0.37 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$267.4m (up 113% from 3Q 2020). Net income: NT$28.1m (up 217% from 3Q 2020). Profit margin: 11% (up from 7.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.60 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$195.3m (up 52% from 2Q 2020). Net income: NT$15.7m (up 7.9% from 2Q 2020). Profit margin: 8.0% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 20 August 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%).
Reported Earnings • May 12First quarter 2021 earnings released: EPS NT$0.47 (vs NT$0.56 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$154.0m (up 30% from 1Q 2020). Net income: NT$11.2m (down 17% from 1Q 2020). Profit margin: 7.3% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$44.40, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 30% over the past three years.
分析記事 • Apr 05Investors Could Be Concerned With Grand-Tek Technology's (GTSM:3684) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$2.03 (vs NT$4.64 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$522.0m (up 11% from FY 2019). Net income: NT$48.8m (down 56% from FY 2019). Profit margin: 9.3% (down from 24% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Mar 15We Think Grand-Tek Technology (GTSM:3684) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Mar 13Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021.
Is New 90 Day High Low • Feb 25New 90-day high: NT$37.40The company is up 9.0% from its price of NT$34.45 on 27 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period.
分析記事 • Feb 21Has Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Most readers would already be aware that Grand-Tek Technology's (GTSM:3684) stock increased significantly by 5.5% over...
Is New 90 Day High Low • Feb 06New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.50 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.
分析記事 • Jan 31Is Grand-Tek Technology Co., Ltd. (GTSM:3684) An Attractive Dividend Stock?Is Grand-Tek Technology Co., Ltd. ( GTSM:3684 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Jan 21New 90-day low: NT$33.30The company is down 4.0% from its price of NT$34.80 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 8.0% over the same period.
分析記事 • Jan 01Has Grand-Tek Technology (GTSM:3684) Got What It Takes To Become A Multi-Bagger?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Dec 11Is Grand-Tek Technology (GTSM:3684) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 20Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?It is hard to get excited after looking at Grand-Tek Technology's (GTSM:3684) recent performance, when its stock has...
Is New 90 Day High Low • Nov 10New 90-day low: NT$34.20The company is down 5.0% from its price of NT$36.15 on 12 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.37The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$125.7m (up 32% from 3Q 2019). Net income: NT$8.87m (down 86% from 3Q 2019). Profit margin: 7.1% (down from 65% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 25New 90-day low: NT$34.75The company is down 8.0% from its price of NT$37.65 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.