View ValuationTera Autotech 将来の成長Future 基準チェック /06現在、 Tera Autotech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Machinery 収益成長31.6%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 updatesReported Earnings • Aug 15Second quarter 2026 earnings released: EPS: NT$0.09 (vs NT$0.86 loss in 2Q 2025)Second quarter 2026 results: EPS: NT$0.09 (up from NT$0.86 loss in 2Q 2025). Revenue: NT$147.5m (up 3.1% from 2Q 2025). Net income: NT$9.28m (up NT$95.4m from 2Q 2025). Profit margin: 6.3% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Declared Dividend • Aug 14Dividend reduced to NT$0.25Dividend of NT$0.25 is 44% lower than last year. Ex-date: 3rd September 2026 Payment date: 24th September 2026 Dividend yield will be 0.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.New Risk • Jul 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.21b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (NT$3.21b market cap, or US$98.8m).New Risk • Jul 01New 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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin).Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.23 (vs NT$0.19 in 1Q 2025)First quarter 2026 results: EPS: NT$0.23 (up from NT$0.19 in 1Q 2025). Revenue: NT$128.9m (up 40% from 1Q 2025). Net income: NT$23.3m (up 20% from 1Q 2025). Profit margin: 18% (down from 21% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.New Risk • May 04New 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 9.3% 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: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin).Reported Earnings • Mar 24Full year 2025 earnings released: EPS: NT$0.05 (vs NT$1.05 in FY 2024)Full year 2025 results: EPS: NT$0.05 (down from NT$1.05 in FY 2024). Revenue: NT$478.3m (down 26% from FY 2024). Net income: NT$4.96m (down 95% from FY 2024). Profit margin: 1.0% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Mar 16Tera Autotech Corporation, Annual General Meeting, Jun 26, 2026Tera Autotech Corporation, Annual General Meeting, Jun 26, 2026. Location: no,1, kung ch`i rd., jih nan li, dajia district, taichung city TaiwanBoard Change • Feb 24Less 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. 3 independent directors (4 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.New Risk • Dec 29New 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 6.6% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$3.10b market cap, or US$98.8m).Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.29 (vs NT$0.052 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.29 (up from NT$0.052 in 3Q 2024). Revenue: NT$118.9m (down 22% from 3Q 2024). Net income: NT$29.4m (up 468% from 3Q 2024). Profit margin: 25% (up from 3.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 25Upcoming dividend of NT$0.45 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.6%).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.86 loss per share (vs NT$0.30 profit in 2Q 2024)Second quarter 2025 results: NT$0.86 loss per share (down from NT$0.30 profit in 2Q 2024). Revenue: NT$143.1m (down 12% from 2Q 2024). Net loss: NT$86.1m (down 389% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Declared Dividend • Aug 10Dividend reduced to NT$0.45Dividend of NT$0.45 is 31% lower than last year. Ex-date: 1st September 2025 Payment date: 26th September 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 34% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years.New Risk • Aug 04New 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 6.5% 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: Major Risk Earnings have declined by 7.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$30.50, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 76% over the past three years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.48 in 1Q 2024)First quarter 2025 results: EPS: NT$0.19 (down from NT$0.48 in 1Q 2024). Revenue: NT$91.9m (down 55% from 1Q 2024). Net income: NT$19.4m (down 60% from 1Q 2024). Profit margin: 21% (down from 24% in 1Q 2024). The decrease in margin was driven by lower revenue. 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 5% per year, which means it is well ahead of earnings.お知らせ • May 01Tera Autotech Corporation to Report Q1, 2025 Results on May 09, 2025Tera Autotech Corporation announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$20.65, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 12% over the past three years.New Risk • Apr 07New 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 6.3% 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. 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 (6.3% average weekly change). Market cap is less than US$100m (NT$2.30b market cap, or US$69.5m).Buy Or Sell Opportunity • Mar 31Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to NT$23.75. The fair value is estimated to be NT$31.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 16%.Reported Earnings • Mar 22Full year 2024 earnings released: EPS: NT$1.05 (vs NT$1.27 in FY 2023)Full year 2024 results: EPS: NT$1.05 (down from NT$1.27 in FY 2023). Revenue: NT$650.0m (down 39% from FY 2023). Net income: NT$105.5m (down 18% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. 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 12% per year, which means it is well ahead of earnings.お知らせ • Mar 10Tera Autotech Corporation, Annual General Meeting, Jun 13, 2025Tera Autotech Corporation, Annual General Meeting, Jun 13, 2025. Location: no,1, kung ch`i rd., jih nan li, dajia district, taichung city Taiwanお知らせ • Mar 01Tera Autotech Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025Tera Autotech Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025New Risk • Dec 23New 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 6.1% 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$3.00b market cap, or US$91.7m).Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$29.90, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.Buy Or Sell Opportunity • Nov 11Now 24% undervaluedOver the last 90 days, the stock has risen 2.9% to NT$26.85. The fair value is estimated to be NT$35.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat.Buy Or Sell Opportunity • Oct 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$28.40. The fair value is estimated to be NT$35.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$28.50, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 46% over the past three years.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2023). Revenue: NT$161.8m (down 65% from 2Q 2023). Net income: NT$29.8m (down 61% from 2Q 2023). Profit margin: 18% (up from 16% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Declared Dividend • Aug 11Dividend reduced to NT$0.65Dividend of NT$0.65 is 28% lower than last year. Ex-date: 29th August 2024 Payment date: 20th September 2024 Dividend yield will be 2.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 02Tera Autotech Corporation to Report Q2, 2024 Results on Aug 09, 2024Tera Autotech Corporation announced that they will report Q2, 2024 results on Aug 09, 2024Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$33.20, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 67% over the past three years.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.48 (vs NT$0.14 in 1Q 2023)First quarter 2024 results: EPS: NT$0.48 (up from NT$0.14 in 1Q 2023). Revenue: NT$202.4m (up 30% from 1Q 2023). Net income: NT$48.5m (up 251% from 1Q 2023). Profit margin: 24% (up from 8.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.お知らせ • May 01Tera Autotech Corporation to Report Q1, 2024 Results on May 06, 2024Tera Autotech Corporation announced that they will report Q1, 2024 results at 12:00 PM, Taipei Standard Time on May 06, 2024お知らせ • Apr 14Tera Autotech Corporation Approves Dividend Distribution for the Year Ended December 31, 2023The Board of Directors of Tera Autotech Corporation approved dividend distribution for the year ended December 31, 2023. Appropriations of earnings in cash dividends to shareholders is TWD 0.4 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders is TWD 0.25 per share.Buy Or Sell Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock has risen 13% to NT$30.00. The fair value is estimated to be NT$37.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has grown by 5.1%.お知らせ • Apr 04Tera Autotech Corporation, Annual General Meeting, Jun 21, 2024Tera Autotech Corporation, Annual General Meeting, Jun 21, 2024.New Risk • Apr 02New 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 6.3% 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 (6.3% average weekly change).Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$1.27 (vs NT$1.83 in FY 2022)Full year 2023 results: EPS: NT$1.27 (down from NT$1.83 in FY 2022). Revenue: NT$1.07b (down 20% from FY 2022). Net income: NT$127.8m (down 30% from FY 2022). Profit margin: 12% (down from 14% 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 5% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.43 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.37 (down from NT$0.43 in 3Q 2022). Revenue: NT$231.4m (up 22% from 3Q 2022). Net income: NT$37.5m (down 14% from 3Q 2022). Profit margin: 16% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.New Risk • Sep 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).Upcoming Dividend • Aug 28Upcoming dividend of NT$0.90 per share at 2.3% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.2%).Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.76 (vs NT$0.17 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.76 (up from NT$0.17 in 2Q 2022). Revenue: NT$466.5m (up 180% from 2Q 2022). Net income: NT$76.2m (up 342% from 2Q 2022). Profit margin: 16% (up from 10% in 2Q 2022). 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 whereas the company’s share price has increased by 7% per year.New Risk • Jul 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% 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$3.09b market cap, or US$98.7m).Buying Opportunity • May 15Now 23% undervaluedOver the last 90 days, the stock is up 60%. The fair value is estimated to be NT$45.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$37.95, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 98% over the past three years.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 50% over the past three years.Buying Opportunity • Mar 10Now 22% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$31.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Earnings per share has declined by 3.5%.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.85, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Machinery industry in Taiwan. Total returns to shareholders of 23% over the past three years.Buying Opportunity • Dec 09Now 22% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$28.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Earnings per share has declined by 3.6%.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$21.85, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the Machinery industry in Taiwan. Total loss to shareholders of 11% over the past three years.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.19 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.43 (up from NT$0.19 in 3Q 2021). Revenue: NT$190.0m (down 7.9% from 3Q 2021). Net income: NT$43.3m (up 132% from 3Q 2021). Profit margin: 23% (up from 9.1% in 3Q 2021). 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 fallen by 12% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.17 (down from NT$0.69 in 2Q 2021). Revenue: NT$166.6m (down 75% from 2Q 2021). Net income: NT$17.2m (down 75% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.Upcoming Dividend • Aug 09Upcoming dividend of NT$0.75 per shareEligible shareholders must have bought the stock before 16 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.6%).Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.09 (vs NT$0.23 in 1Q 2021)First quarter 2022 results: EPS: NT$1.09 (up from NT$0.23 in 1Q 2021). Revenue: NT$727.8m (up 321% from 1Q 2021). Net income: NT$109.5m (up 374% from 1Q 2021). Profit margin: 15% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$1.24 (vs NT$1.10 in FY 2020)Full year 2021 results: EPS: NT$1.24 (up from NT$1.10 in FY 2020). Revenue: NT$1.24b (up 3.6% from FY 2020). Net income: NT$124.9m (up 13% from FY 2020). Profit margin: 10% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Aug 26Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 24 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.7%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.67 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$678.4m (up 9.5% from 2Q 2020). Net income: NT$69.4m (up 3.7% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.23 (vs NT$0.19 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$172.7m (down 18% from 1Q 2020). Net income: NT$23.1m (up 24% from 1Q 2020). Profit margin: 13% (up from 8.8% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 23Tera Autotech (GTSM:6234) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.10 (vs NT$1.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.19b (down 23% from FY 2019). Net income: NT$110.9m (down 40% from FY 2019). Profit margin: 9.3% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 17Will Tera Autotech's (GTSM:6234) Growth In ROCE Persist?To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...分析記事 • Feb 26Did You Participate In Any Of Tera Autotech's (GTSM:6234) Respectable 93% Return?The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...Is New 90 Day High Low • Feb 24New 90-day high: NT$23.60The company is up 4.0% from its price of NT$22.65 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period.分析記事 • Feb 08What To Know Before Buying Tera Autotech Corporation (GTSM:6234) For Its DividendIs Tera Autotech Corporation ( GTSM:6234 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Jan 18Is Tera Autotech (GTSM:6234) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 29Is Tera Autotech Corporation's (GTSM:6234) Stock On A Downtrend As A Result Of Its Poor Financials?Tera Autotech (GTSM:6234) has had a rough month with its share price down 5.0%. We decided to study the company's...分析記事 • Dec 11Returns On Capital - An Important Metric For Tera Autotech (GTSM:6234)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...分析記事 • Nov 24Shareholders Of Tera Autotech (GTSM:6234) Must Be Happy With Their 97% ReturnIf you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you can...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$192.9m (down 64% from 3Q 2019). Net income: NT$12.0m (down 84% from 3Q 2019). Profit margin: 6.2% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Oct 12New 90-day low: NT$21.70The company is down 12% from its price of NT$24.65 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period.Is New 90 Day High Low • Sep 26New 90-day low: NT$21.80The company is down 14% from its price of NT$25.21 on 24 June 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% 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、Tera Autotech 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:6234 - 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6/30/20265201047079N/A3/31/20265159-74-63N/A12/31/20254785-43-28N/A9/30/2025487-15017N/A6/30/2025521-401126N/A3/31/202554076121143N/A12/31/2024650105217232N/A9/30/20247358476102N/A6/30/2024813116232257N/A3/31/20241,118162343374N/A12/31/20231,071128227264N/A9/30/20231,104141203239N/A6/30/20231,063147-180-139N/A3/31/202376388271306N/A12/31/20221,335184223260N/A9/30/20221,264184203250N/A6/30/20221,280159236284N/A3/31/20221,792211107146N/A12/31/20211,237125174206N/A9/30/20211,228125214234N/A6/30/20211,214118840857N/A3/31/20211,156115419447N/A12/31/20201,194111112152N/A9/30/20201,3311304984N/A6/30/20201,666194110172N/A3/31/20201,498182N/A114N/A12/31/20191,551186N/A214N/A9/30/20191,520188N/A302N/A6/30/20191,217131N/A-326N/A3/31/201998097N/A-348N/A12/31/201891686N/A-134N/A9/30/201885055N/A16N/A6/30/201883754N/A70N/A3/31/201883454N/A127N/A12/31/201781931N/A80N/A9/30/201775537N/A100N/A6/30/201772417N/A93N/A3/31/2017717-15N/A214N/A12/31/20167776N/A659N/A9/30/2016870164N/A50N/A6/30/2016963186N/A-197N/A3/31/20161,092288N/A-327N/A12/31/20151,144295N/A-852N/A9/30/20151,208160N/A-420N/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: 6234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: 6234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: 6234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: 6234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: 6234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: 6234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2026/08/18 09:32終値2026/08/18 00:00収益2026/06/30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Tera Autotech Corporation 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。0
Reported Earnings • Aug 15Second quarter 2026 earnings released: EPS: NT$0.09 (vs NT$0.86 loss in 2Q 2025)Second quarter 2026 results: EPS: NT$0.09 (up from NT$0.86 loss in 2Q 2025). Revenue: NT$147.5m (up 3.1% from 2Q 2025). Net income: NT$9.28m (up NT$95.4m from 2Q 2025). Profit margin: 6.3% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Declared Dividend • Aug 14Dividend reduced to NT$0.25Dividend of NT$0.25 is 44% lower than last year. Ex-date: 3rd September 2026 Payment date: 24th September 2026 Dividend yield will be 0.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
New Risk • Jul 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.21b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (NT$3.21b market cap, or US$98.8m).
New Risk • Jul 01New 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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin).
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.23 (vs NT$0.19 in 1Q 2025)First quarter 2026 results: EPS: NT$0.23 (up from NT$0.19 in 1Q 2025). Revenue: NT$128.9m (up 40% from 1Q 2025). Net income: NT$23.3m (up 20% from 1Q 2025). Profit margin: 18% (down from 21% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
New Risk • May 04New 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 9.3% 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: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin).
Reported Earnings • Mar 24Full year 2025 earnings released: EPS: NT$0.05 (vs NT$1.05 in FY 2024)Full year 2025 results: EPS: NT$0.05 (down from NT$1.05 in FY 2024). Revenue: NT$478.3m (down 26% from FY 2024). Net income: NT$4.96m (down 95% from FY 2024). Profit margin: 1.0% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Mar 16Tera Autotech Corporation, Annual General Meeting, Jun 26, 2026Tera Autotech Corporation, Annual General Meeting, Jun 26, 2026. Location: no,1, kung ch`i rd., jih nan li, dajia district, taichung city Taiwan
Board Change • Feb 24Less 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. 3 independent directors (4 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.
New Risk • Dec 29New 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 6.6% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$3.10b market cap, or US$98.8m).
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.29 (vs NT$0.052 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.29 (up from NT$0.052 in 3Q 2024). Revenue: NT$118.9m (down 22% from 3Q 2024). Net income: NT$29.4m (up 468% from 3Q 2024). Profit margin: 25% (up from 3.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 25Upcoming dividend of NT$0.45 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.6%).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.86 loss per share (vs NT$0.30 profit in 2Q 2024)Second quarter 2025 results: NT$0.86 loss per share (down from NT$0.30 profit in 2Q 2024). Revenue: NT$143.1m (down 12% from 2Q 2024). Net loss: NT$86.1m (down 389% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Declared Dividend • Aug 10Dividend reduced to NT$0.45Dividend of NT$0.45 is 31% lower than last year. Ex-date: 1st September 2025 Payment date: 26th September 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 34% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years.
New Risk • Aug 04New 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 6.5% 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: Major Risk Earnings have declined by 7.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$30.50, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.48 in 1Q 2024)First quarter 2025 results: EPS: NT$0.19 (down from NT$0.48 in 1Q 2024). Revenue: NT$91.9m (down 55% from 1Q 2024). Net income: NT$19.4m (down 60% from 1Q 2024). Profit margin: 21% (down from 24% in 1Q 2024). The decrease in margin was driven by lower revenue. 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 5% per year, which means it is well ahead of earnings.
お知らせ • May 01Tera Autotech Corporation to Report Q1, 2025 Results on May 09, 2025Tera Autotech Corporation announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$20.65, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 12% over the past three years.
New Risk • Apr 07New 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 6.3% 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. 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 (6.3% average weekly change). Market cap is less than US$100m (NT$2.30b market cap, or US$69.5m).
Buy Or Sell Opportunity • Mar 31Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to NT$23.75. The fair value is estimated to be NT$31.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 16%.
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: NT$1.05 (vs NT$1.27 in FY 2023)Full year 2024 results: EPS: NT$1.05 (down from NT$1.27 in FY 2023). Revenue: NT$650.0m (down 39% from FY 2023). Net income: NT$105.5m (down 18% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. 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 12% per year, which means it is well ahead of earnings.
お知らせ • Mar 10Tera Autotech Corporation, Annual General Meeting, Jun 13, 2025Tera Autotech Corporation, Annual General Meeting, Jun 13, 2025. Location: no,1, kung ch`i rd., jih nan li, dajia district, taichung city Taiwan
お知らせ • Mar 01Tera Autotech Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025Tera Autotech Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025
New Risk • Dec 23New 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 6.1% 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$3.00b market cap, or US$91.7m).
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$29.90, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Buy Or Sell Opportunity • Nov 11Now 24% undervaluedOver the last 90 days, the stock has risen 2.9% to NT$26.85. The fair value is estimated to be NT$35.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat.
Buy Or Sell Opportunity • Oct 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$28.40. The fair value is estimated to be NT$35.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$28.50, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2023). Revenue: NT$161.8m (down 65% from 2Q 2023). Net income: NT$29.8m (down 61% from 2Q 2023). Profit margin: 18% (up from 16% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Declared Dividend • Aug 11Dividend reduced to NT$0.65Dividend of NT$0.65 is 28% lower than last year. Ex-date: 29th August 2024 Payment date: 20th September 2024 Dividend yield will be 2.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 02Tera Autotech Corporation to Report Q2, 2024 Results on Aug 09, 2024Tera Autotech Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$33.20, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 67% over the past three years.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.48 (vs NT$0.14 in 1Q 2023)First quarter 2024 results: EPS: NT$0.48 (up from NT$0.14 in 1Q 2023). Revenue: NT$202.4m (up 30% from 1Q 2023). Net income: NT$48.5m (up 251% from 1Q 2023). Profit margin: 24% (up from 8.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
お知らせ • May 01Tera Autotech Corporation to Report Q1, 2024 Results on May 06, 2024Tera Autotech Corporation announced that they will report Q1, 2024 results at 12:00 PM, Taipei Standard Time on May 06, 2024
お知らせ • Apr 14Tera Autotech Corporation Approves Dividend Distribution for the Year Ended December 31, 2023The Board of Directors of Tera Autotech Corporation approved dividend distribution for the year ended December 31, 2023. Appropriations of earnings in cash dividends to shareholders is TWD 0.4 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders is TWD 0.25 per share.
Buy Or Sell Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock has risen 13% to NT$30.00. The fair value is estimated to be NT$37.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has grown by 5.1%.
お知らせ • Apr 04Tera Autotech Corporation, Annual General Meeting, Jun 21, 2024Tera Autotech Corporation, Annual General Meeting, Jun 21, 2024.
New Risk • Apr 02New 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 6.3% 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 (6.3% average weekly change).
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$1.27 (vs NT$1.83 in FY 2022)Full year 2023 results: EPS: NT$1.27 (down from NT$1.83 in FY 2022). Revenue: NT$1.07b (down 20% from FY 2022). Net income: NT$127.8m (down 30% from FY 2022). Profit margin: 12% (down from 14% 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 5% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.43 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.37 (down from NT$0.43 in 3Q 2022). Revenue: NT$231.4m (up 22% from 3Q 2022). Net income: NT$37.5m (down 14% from 3Q 2022). Profit margin: 16% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.
New Risk • Sep 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).
Upcoming Dividend • Aug 28Upcoming dividend of NT$0.90 per share at 2.3% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.2%).
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.76 (vs NT$0.17 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.76 (up from NT$0.17 in 2Q 2022). Revenue: NT$466.5m (up 180% from 2Q 2022). Net income: NT$76.2m (up 342% from 2Q 2022). Profit margin: 16% (up from 10% in 2Q 2022). 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 whereas the company’s share price has increased by 7% per year.
New Risk • Jul 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% 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$3.09b market cap, or US$98.7m).
Buying Opportunity • May 15Now 23% undervaluedOver the last 90 days, the stock is up 60%. The fair value is estimated to be NT$45.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$37.95, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 98% over the past three years.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Buying Opportunity • Mar 10Now 22% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$31.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Earnings per share has declined by 3.5%.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.85, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Machinery industry in Taiwan. Total returns to shareholders of 23% over the past three years.
Buying Opportunity • Dec 09Now 22% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$28.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Earnings per share has declined by 3.6%.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$21.85, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the Machinery industry in Taiwan. Total loss to shareholders of 11% over the past three years.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.19 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.43 (up from NT$0.19 in 3Q 2021). Revenue: NT$190.0m (down 7.9% from 3Q 2021). Net income: NT$43.3m (up 132% from 3Q 2021). Profit margin: 23% (up from 9.1% in 3Q 2021). 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 fallen by 12% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.17 (down from NT$0.69 in 2Q 2021). Revenue: NT$166.6m (down 75% from 2Q 2021). Net income: NT$17.2m (down 75% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
Upcoming Dividend • Aug 09Upcoming dividend of NT$0.75 per shareEligible shareholders must have bought the stock before 16 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.6%).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.09 (vs NT$0.23 in 1Q 2021)First quarter 2022 results: EPS: NT$1.09 (up from NT$0.23 in 1Q 2021). Revenue: NT$727.8m (up 321% from 1Q 2021). Net income: NT$109.5m (up 374% from 1Q 2021). Profit margin: 15% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$1.24 (vs NT$1.10 in FY 2020)Full year 2021 results: EPS: NT$1.24 (up from NT$1.10 in FY 2020). Revenue: NT$1.24b (up 3.6% from FY 2020). Net income: NT$124.9m (up 13% from FY 2020). Profit margin: 10% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Aug 26Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 24 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.7%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.67 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$678.4m (up 9.5% from 2Q 2020). Net income: NT$69.4m (up 3.7% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.23 (vs NT$0.19 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$172.7m (down 18% from 1Q 2020). Net income: NT$23.1m (up 24% from 1Q 2020). Profit margin: 13% (up from 8.8% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 23Tera Autotech (GTSM:6234) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.10 (vs NT$1.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.19b (down 23% from FY 2019). Net income: NT$110.9m (down 40% from FY 2019). Profit margin: 9.3% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 17Will Tera Autotech's (GTSM:6234) Growth In ROCE Persist?To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
分析記事 • Feb 26Did You Participate In Any Of Tera Autotech's (GTSM:6234) Respectable 93% Return?The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
Is New 90 Day High Low • Feb 24New 90-day high: NT$23.60The company is up 4.0% from its price of NT$22.65 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period.
分析記事 • Feb 08What To Know Before Buying Tera Autotech Corporation (GTSM:6234) For Its DividendIs Tera Autotech Corporation ( GTSM:6234 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Jan 18Is Tera Autotech (GTSM:6234) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 29Is Tera Autotech Corporation's (GTSM:6234) Stock On A Downtrend As A Result Of Its Poor Financials?Tera Autotech (GTSM:6234) has had a rough month with its share price down 5.0%. We decided to study the company's...
分析記事 • Dec 11Returns On Capital - An Important Metric For Tera Autotech (GTSM:6234)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
分析記事 • Nov 24Shareholders Of Tera Autotech (GTSM:6234) Must Be Happy With Their 97% ReturnIf you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you can...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$192.9m (down 64% from 3Q 2019). Net income: NT$12.0m (down 84% from 3Q 2019). Profit margin: 6.2% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Oct 12New 90-day low: NT$21.70The company is down 12% from its price of NT$24.65 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Sep 26New 90-day low: NT$21.80The company is down 14% from its price of NT$25.21 on 24 June 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period.