Trusval Technology（6667）株式概要トラスバルテクノロジー株式会社は、給水システム、廃棄物処理、システム統合の分野でソリューションを提供しています。 詳細6667 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性5/6配当金3/6報酬当社が推定した公正価値より28.2%で取引されている 過去1年間で収益は32.9%増加しました リスク分析不安定な配当実績 すべてのリスクチェックを見る6667 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$268.0035.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture025b2016201920222025202620282031Revenue NT$24.6bEarnings NT$2.5bAdvancedSet Fair ValueView all narrativesTrusval Technology Co., Ltd. 競合他社Cica-Huntek Chemical Technology TaiwanSymbol: TPEX:6725Market cap: NT$12.0bWaste Recovery TechnologySymbol: TPEX:6894Market cap: NT$8.6bChenFull PrecisionSymbol: TPEX:6829Market cap: NT$12.8bKhgears InternationalSymbol: TWSE:4571Market cap: NT$11.0b価格と性能株価の高値、安値、推移の概要Trusval Technology過去の株価現在の株価NT$268.0052週高値NT$310.0052週安値NT$195.00ベータ0.761ヶ月の変化1.13%3ヶ月変化-0.74%1年変化33.00%3年間の変化231.68%5年間の変化314.22%IPOからの変化436.97%最新ニュースReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$3.00 (vs NT$3.34 in 1Q 2025)First quarter 2026 results: EPS: NT$3.00. Revenue: NT$1.54b (up 14% from 1Q 2025). Net income: NT$179.0m (up 16% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$13.77 (vs NT$9.69 in FY 2024)Full year 2025 results: EPS: NT$13.77 (up from NT$9.69 in FY 2024). Revenue: NT$6.35b (up 75% from FY 2024). Net income: NT$653.9m (up 49% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 09Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: no,66, you yih rd., jhunan township, miaoli county TaiwanReported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.20 (up from NT$2.70 in 3Q 2024). Revenue: NT$1.66b (up 45% from 3Q 2024). Net income: NT$154.6m (up 25% from 3Q 2024). Profit margin: 9.3% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$301, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 377% over the past three years.Reported Earnings • Aug 17Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$3.42 (up from NT$2.16 in 2Q 2024). Revenue: NT$1.64b (up 108% from 2Q 2024). Net income: NT$158.0m (up 64% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$3.00 (vs NT$3.34 in 1Q 2025)First quarter 2026 results: EPS: NT$3.00. Revenue: NT$1.54b (up 14% from 1Q 2025). Net income: NT$179.0m (up 16% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$13.77 (vs NT$9.69 in FY 2024)Full year 2025 results: EPS: NT$13.77 (up from NT$9.69 in FY 2024). Revenue: NT$6.35b (up 75% from FY 2024). Net income: NT$653.9m (up 49% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 09Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: no,66, you yih rd., jhunan township, miaoli county TaiwanReported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.20 (up from NT$2.70 in 3Q 2024). Revenue: NT$1.66b (up 45% from 3Q 2024). Net income: NT$154.6m (up 25% from 3Q 2024). Profit margin: 9.3% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$301, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 377% over the past three years.Reported Earnings • Aug 17Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$3.42 (up from NT$2.16 in 2Q 2024). Revenue: NT$1.64b (up 108% from 2Q 2024). Net income: NT$158.0m (up 64% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$275, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 364% over the past three years.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$255, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 357% over the past three years.Declared Dividend • Jun 14Dividend increased to NT$8.55Dividend of NT$8.55 is 32% higher than last year. Ex-date: 27th June 2025 Payment date: 17th July 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$3.34 (vs NT$1.86 in 1Q 2024)First quarter 2025 results: EPS: NT$3.34 (up from NT$1.86 in 1Q 2024). Revenue: NT$1.35b (up 111% from 1Q 2024). Net income: NT$154.3m (up 85% from 1Q 2024). Profit margin: 11% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$203, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 205% over the past three years.Buy Or Sell Opportunity • Apr 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to NT$177. The fair value is estimated to be NT$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 33%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$167, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 139% over the past three years.New Risk • Apr 07New 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 8.3% 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 (8.3% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$9.69 (vs NT$7.17 in FY 2023)Full year 2024 results: EPS: NT$9.69 (up from NT$7.17 in FY 2023). Revenue: NT$3.63b (up 50% from FY 2023). Net income: NT$439.6m (up 37% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 34% per year.お知らせ • Mar 12Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025, at 10:00 Taipei Standard Time. Location: no,66, you yih rd., jhunan township, miaoli county TaiwanNew Risk • Mar 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 6.4% 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 High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$2.70 (up from NT$2.61 in 3Q 2023). Revenue: NT$1.15b (up 74% from 3Q 2023). Net income: NT$123.3m (up 5.4% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Machinery industry in Taiwan are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Sep 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (9.0% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$236, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Machinery industry in Taiwan. Total returns to shareholders of 338% over the past three years.Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$2.16 (up from NT$1.60 in 2Q 2023). Revenue: NT$788.7m (up 28% from 2Q 2023). Net income: NT$96.7m (up 35% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 41% per year.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$157, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Machinery industry in Taiwan. Total returns to shareholders of 192% over the past three years.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$218, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 309% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of NT$6.46 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.36 in 1Q 2023)First quarter 2024 results: EPS: NT$1.86 (up from NT$1.36 in 1Q 2023). Revenue: NT$641.5m (up 20% from 1Q 2023). Net income: NT$83.4m (up 37% from 1Q 2023). Profit margin: 13% (up from 11% 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 40% per year whereas the company’s share price has increased by 45% per year.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$174, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 195% over the past three years.Buy Or Sell Opportunity • Mar 14Now 24% undervaluedOver the last 90 days, the stock has risen 71% to NT$149. The fair value is estimated to be NT$195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%.お知らせ • Mar 14Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024.Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$7.17 (vs NT$5.11 in FY 2022)Full year 2023 results: EPS: NT$7.17 (up from NT$5.11 in FY 2022). Revenue: NT$2.41b (down 2.2% from FY 2022). Net income: NT$321.3m (up 52% from FY 2022). Profit margin: 13% (up from 8.6% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$146, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 150% over the past three years.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 79% over the past three years.New Risk • Nov 27New 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 6.0% 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 (6.0% average weekly change).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$92.40, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$2.61 (vs NT$1.57 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.61 (up from NT$1.57 in 3Q 2022). Revenue: NT$660.0m (down 13% from 3Q 2022). Net income: NT$117.0m (up 82% from 3Q 2022). Profit margin: 18% (up from 8.5% in 3Q 2022). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$1.60 (vs NT$1.48 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.60 (up from NT$1.48 in 2Q 2022). Revenue: NT$616.1m (up 5.2% from 2Q 2022). Net income: NT$71.8m (up 22% from 2Q 2022). Profit margin: 12% (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 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 08Upcoming dividend of NT$4.24 per share at 5.3% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Price Target Changed • Nov 16Price target decreased to NT$85.00Down from NT$120, the current price target is provided by 1 analyst. New target price is 38% above last closing price of NT$61.40. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$1.57 (up from NT$0.85 in 3Q 2021). Revenue: NT$757.1m (up 67% from 3Q 2021). Net income: NT$64.4m (up 91% from 3Q 2021). Profit margin: 8.5% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$75.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.Buying Opportunity • Sep 28Now 20% undervaluedOver the last 90 days, the stock is up 7.4%. The fair value is estimated to be NT$82.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 169% over the past three years.Price Target Changed • Aug 17Price target decreased to NT$110Down from NT$120, the current price target is provided by 1 analyst. New target price is 46% above last closing price of NT$75.40. Stock is up 21% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.Reported Earnings • Aug 15Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$1.48 (up from NT$1.05 in 2Q 2021). Revenue: NT$585.9m (up 40% from 2Q 2021). Net income: NT$58.9m (up 41% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 30%, compared to a 7.9% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year.Upcoming Dividend • Jun 28Upcoming dividend of NT$2.94 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).Price Target Changed • Apr 27Price target increased to NT$120Up from NT$110, the current price target is provided by 1 analyst. New target price is 51% above last closing price of NT$79.70. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of NT$5.42 for next year compared to NT$3.27 last year.Reported Earnings • Mar 29Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.27 (up from NT$2.04 in FY 2020). Revenue: NT$1.76b (up 36% from FY 2020). Net income: NT$130.1m (up 77% from FY 2020). Profit margin: 7.4% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 38%, compared to a 15% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 23Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$96.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 185% over the past three years.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.85 (vs NT$1.04 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$453.2m (up 53% from 3Q 2020). Net income: NT$33.7m (down 8.6% from 3Q 2020). Profit margin: 7.4% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$1.28 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$419.0m (up 21% from 2Q 2020). Net income: NT$41.7m (down 7.8% from 2Q 2020). Profit margin: 9.9% (down from 13% 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 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 19Upcoming dividend of NT$1.66 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 11 August 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$76.60, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 75% over the past three years.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$60.20, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$79.20, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 105% over the past three years.分析記事 • Apr 05Is Trusval Technology (GTSM:6667) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$2.04 (vs NT$1.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.30b (up 4.1% from FY 2019). Net income: NT$73.6m (up 84% from FY 2019). Profit margin: 5.7% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.分析記事 • Mar 19Does Trusval Technology Co., Ltd. (GTSM:6667) Have A Place In Your Dividend Stock Portfolio?Could Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...Is New 90 Day High Low • Feb 26New 90-day high: NT$71.90The company is up 7.0% from its price of NT$66.90 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.分析記事 • Feb 18Is Trusval Technology Co., Ltd.'s (GTSM:6667) Recent Price Movement Underpinned By Its Weak Fundamentals?It is hard to get excited after looking at Trusval Technology's (GTSM:6667) recent performance, when its stock has...分析記事 • Feb 03Shareholders Of Trusval Technology (GTSM:6667) Must Be Happy With Their 59% ReturnLow-cost index funds make it easy to achieve average market returns. But if you invest in individual stocks, some are...Is New 90 Day High Low • Feb 02New 90-day low: NT$59.20The company is down 2.0% from its price of NT$60.20 on 04 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 17% over the same period.分析記事 • Jan 20The Trends At Trusval Technology (GTSM:6667) That You Should Know AboutDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...分析記事 • Dec 31We Think Trusval Technology (GTSM:6667) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Dec 16Factors Income Investors Should Consider Before Adding Trusval Technology Co., Ltd. (GTSM:6667) To Their PortfolioCould Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...Is New 90 Day High Low • Dec 03New 90-day high: NT$69.20The company is up 16% from its price of NT$59.90 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period.分析記事 • Dec 01Does Trusval Technology's (GTSM:6667) Statutory Profit Adequately Reflect Its Underlying Profit?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.04The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$295.9m (down 16% from 3Q 2019). Net income: NT$36.9m (up 68% from 3Q 2019). Profit margin: 13% (up from 6.3% in 3Q 2019). The increase in margin was driven by lower expenses.株主還元6667TW MachineryTW 市場7D5.5%8.8%10.5%1Y33.0%75.9%106.4%株主還元を見る業界別リターン: 6667過去 1 年間で75.9 % の収益を上げたTW Machinery業界を下回りました。リターン対市場: 6667は、過去 1 年間で106.4 % のリターンを上げたTW市場を下回りました。価格変動Is 6667's price volatile compared to industry and market?6667 volatility6667 Average Weekly Movement5.1%Machinery Industry Average Movement7.6%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 6667 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 6667の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1995n/aShi Bao Jianwww.trusval.com.twトラスバルテクノロジー株式会社は、給水システム、廃棄物処理、システム統合の分野でソリューションを提供しています。CO2-DIW、O3-DIW、H2-DIW、NH3-DIW溶解装置などの機能的な水供給システム、廃酸脱H2O2、廃溶媒脱H2O2、廃溶媒脱DMSO/DMSO2、廃水分解IPA、溶媒再生、廃硫酸銅からの銅再生などの廃水処理高度化プロセスを提供。また、薬液供給、スラリー供給、ガス供給、廃薬液回収、自動電子制御システムなどのシステムインテグレーションソリューションの提供や、ハイテク産業における設備システムの機器、計器、現場配管の計画、設計、施工、メンテナンスも手掛ける。また、半導体事業にも携わっている。トラスバル・テクノロジー社は1995年に設立され、台湾の苗栗市に本社を置く。もっと見るTrusval Technology Co., Ltd. 基礎のまとめTrusval Technology の収益と売上を時価総額と比較するとどうか。6667 基礎統計学時価総額NT$13.21b収益（TTM）NT$678.62m売上高(TTM)NT$6.54b19.5xPER（株価収益率2.0xP/Sレシオ6667 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6667 損益計算書（TTM）収益NT$6.54b売上原価NT$5.18b売上総利益NT$1.36bその他の費用NT$682.23m収益NT$678.62m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）13.77グロス・マージン20.80%純利益率10.37%有利子負債／自己資本比率68.7%6667 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.5%現在の配当利回り87%配当性向View Valuation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2026/05/28 22:01終値2026/05/28 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Trusval 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。2 アナリスト機関Licheng ZhuangCapital Securities CorporationKan-Chi LeeYuanta Research
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$3.00 (vs NT$3.34 in 1Q 2025)First quarter 2026 results: EPS: NT$3.00. Revenue: NT$1.54b (up 14% from 1Q 2025). Net income: NT$179.0m (up 16% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$13.77 (vs NT$9.69 in FY 2024)Full year 2025 results: EPS: NT$13.77 (up from NT$9.69 in FY 2024). Revenue: NT$6.35b (up 75% from FY 2024). Net income: NT$653.9m (up 49% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 09Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: no,66, you yih rd., jhunan township, miaoli county Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.20 (up from NT$2.70 in 3Q 2024). Revenue: NT$1.66b (up 45% from 3Q 2024). Net income: NT$154.6m (up 25% from 3Q 2024). Profit margin: 9.3% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$301, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 377% over the past three years.
Reported Earnings • Aug 17Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$3.42 (up from NT$2.16 in 2Q 2024). Revenue: NT$1.64b (up 108% from 2Q 2024). Net income: NT$158.0m (up 64% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$3.00 (vs NT$3.34 in 1Q 2025)First quarter 2026 results: EPS: NT$3.00. Revenue: NT$1.54b (up 14% from 1Q 2025). Net income: NT$179.0m (up 16% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$13.77 (vs NT$9.69 in FY 2024)Full year 2025 results: EPS: NT$13.77 (up from NT$9.69 in FY 2024). Revenue: NT$6.35b (up 75% from FY 2024). Net income: NT$653.9m (up 49% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 09Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: no,66, you yih rd., jhunan township, miaoli county Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.20 (up from NT$2.70 in 3Q 2024). Revenue: NT$1.66b (up 45% from 3Q 2024). Net income: NT$154.6m (up 25% from 3Q 2024). Profit margin: 9.3% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$301, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 377% over the past three years.
Reported Earnings • Aug 17Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$3.42 (up from NT$2.16 in 2Q 2024). Revenue: NT$1.64b (up 108% from 2Q 2024). Net income: NT$158.0m (up 64% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$275, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 364% over the past three years.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$255, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 357% over the past three years.
Declared Dividend • Jun 14Dividend increased to NT$8.55Dividend of NT$8.55 is 32% higher than last year. Ex-date: 27th June 2025 Payment date: 17th July 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$3.34 (vs NT$1.86 in 1Q 2024)First quarter 2025 results: EPS: NT$3.34 (up from NT$1.86 in 1Q 2024). Revenue: NT$1.35b (up 111% from 1Q 2024). Net income: NT$154.3m (up 85% from 1Q 2024). Profit margin: 11% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$203, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 205% over the past three years.
Buy Or Sell Opportunity • Apr 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to NT$177. The fair value is estimated to be NT$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 33%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$167, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 139% over the past three years.
New Risk • Apr 07New 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 8.3% 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 (8.3% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$9.69 (vs NT$7.17 in FY 2023)Full year 2024 results: EPS: NT$9.69 (up from NT$7.17 in FY 2023). Revenue: NT$3.63b (up 50% from FY 2023). Net income: NT$439.6m (up 37% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 34% per year.
お知らせ • Mar 12Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025, at 10:00 Taipei Standard Time. Location: no,66, you yih rd., jhunan township, miaoli county Taiwan
New Risk • Mar 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 6.4% 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 High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$2.70 (up from NT$2.61 in 3Q 2023). Revenue: NT$1.15b (up 74% from 3Q 2023). Net income: NT$123.3m (up 5.4% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Machinery industry in Taiwan are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Sep 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (9.0% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$236, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Machinery industry in Taiwan. Total returns to shareholders of 338% over the past three years.
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$2.16 (up from NT$1.60 in 2Q 2023). Revenue: NT$788.7m (up 28% from 2Q 2023). Net income: NT$96.7m (up 35% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 41% per year.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$157, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Machinery industry in Taiwan. Total returns to shareholders of 192% over the past three years.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$218, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 309% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of NT$6.46 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.36 in 1Q 2023)First quarter 2024 results: EPS: NT$1.86 (up from NT$1.36 in 1Q 2023). Revenue: NT$641.5m (up 20% from 1Q 2023). Net income: NT$83.4m (up 37% from 1Q 2023). Profit margin: 13% (up from 11% 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 40% per year whereas the company’s share price has increased by 45% per year.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$174, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 195% over the past three years.
Buy Or Sell Opportunity • Mar 14Now 24% undervaluedOver the last 90 days, the stock has risen 71% to NT$149. The fair value is estimated to be NT$195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%.
お知らせ • Mar 14Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024.
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$7.17 (vs NT$5.11 in FY 2022)Full year 2023 results: EPS: NT$7.17 (up from NT$5.11 in FY 2022). Revenue: NT$2.41b (down 2.2% from FY 2022). Net income: NT$321.3m (up 52% from FY 2022). Profit margin: 13% (up from 8.6% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$146, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 150% over the past three years.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 79% over the past three years.
New Risk • Nov 27New 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 6.0% 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 (6.0% average weekly change).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$92.40, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$2.61 (vs NT$1.57 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.61 (up from NT$1.57 in 3Q 2022). Revenue: NT$660.0m (down 13% from 3Q 2022). Net income: NT$117.0m (up 82% from 3Q 2022). Profit margin: 18% (up from 8.5% in 3Q 2022). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$1.60 (vs NT$1.48 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.60 (up from NT$1.48 in 2Q 2022). Revenue: NT$616.1m (up 5.2% from 2Q 2022). Net income: NT$71.8m (up 22% from 2Q 2022). Profit margin: 12% (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 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 08Upcoming dividend of NT$4.24 per share at 5.3% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Price Target Changed • Nov 16Price target decreased to NT$85.00Down from NT$120, the current price target is provided by 1 analyst. New target price is 38% above last closing price of NT$61.40. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$1.57 (up from NT$0.85 in 3Q 2021). Revenue: NT$757.1m (up 67% from 3Q 2021). Net income: NT$64.4m (up 91% from 3Q 2021). Profit margin: 8.5% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$75.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.
Buying Opportunity • Sep 28Now 20% undervaluedOver the last 90 days, the stock is up 7.4%. The fair value is estimated to be NT$82.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 169% over the past three years.
Price Target Changed • Aug 17Price target decreased to NT$110Down from NT$120, the current price target is provided by 1 analyst. New target price is 46% above last closing price of NT$75.40. Stock is up 21% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.
Reported Earnings • Aug 15Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$1.48 (up from NT$1.05 in 2Q 2021). Revenue: NT$585.9m (up 40% from 2Q 2021). Net income: NT$58.9m (up 41% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 30%, compared to a 7.9% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year.
Upcoming Dividend • Jun 28Upcoming dividend of NT$2.94 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).
Price Target Changed • Apr 27Price target increased to NT$120Up from NT$110, the current price target is provided by 1 analyst. New target price is 51% above last closing price of NT$79.70. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of NT$5.42 for next year compared to NT$3.27 last year.
Reported Earnings • Mar 29Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.27 (up from NT$2.04 in FY 2020). Revenue: NT$1.76b (up 36% from FY 2020). Net income: NT$130.1m (up 77% from FY 2020). Profit margin: 7.4% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 38%, compared to a 15% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 23Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$96.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 185% over the past three years.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.85 (vs NT$1.04 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$453.2m (up 53% from 3Q 2020). Net income: NT$33.7m (down 8.6% from 3Q 2020). Profit margin: 7.4% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$1.28 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$419.0m (up 21% from 2Q 2020). Net income: NT$41.7m (down 7.8% from 2Q 2020). Profit margin: 9.9% (down from 13% 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 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 19Upcoming dividend of NT$1.66 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 11 August 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$76.60, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 75% over the past three years.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$60.20, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$79.20, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 105% over the past three years.
分析記事 • Apr 05Is Trusval Technology (GTSM:6667) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$2.04 (vs NT$1.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.30b (up 4.1% from FY 2019). Net income: NT$73.6m (up 84% from FY 2019). Profit margin: 5.7% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
分析記事 • Mar 19Does Trusval Technology Co., Ltd. (GTSM:6667) Have A Place In Your Dividend Stock Portfolio?Could Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...
Is New 90 Day High Low • Feb 26New 90-day high: NT$71.90The company is up 7.0% from its price of NT$66.90 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.
分析記事 • Feb 18Is Trusval Technology Co., Ltd.'s (GTSM:6667) Recent Price Movement Underpinned By Its Weak Fundamentals?It is hard to get excited after looking at Trusval Technology's (GTSM:6667) recent performance, when its stock has...
分析記事 • Feb 03Shareholders Of Trusval Technology (GTSM:6667) Must Be Happy With Their 59% ReturnLow-cost index funds make it easy to achieve average market returns. But if you invest in individual stocks, some are...
Is New 90 Day High Low • Feb 02New 90-day low: NT$59.20The company is down 2.0% from its price of NT$60.20 on 04 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 17% over the same period.
分析記事 • Jan 20The Trends At Trusval Technology (GTSM:6667) That You Should Know AboutDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
分析記事 • Dec 31We Think Trusval Technology (GTSM:6667) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Dec 16Factors Income Investors Should Consider Before Adding Trusval Technology Co., Ltd. (GTSM:6667) To Their PortfolioCould Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...
Is New 90 Day High Low • Dec 03New 90-day high: NT$69.20The company is up 16% from its price of NT$59.90 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period.
分析記事 • Dec 01Does Trusval Technology's (GTSM:6667) Statutory Profit Adequately Reflect Its Underlying Profit?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.04The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$295.9m (down 16% from 3Q 2019). Net income: NT$36.9m (up 68% from 3Q 2019). Profit margin: 13% (up from 6.3% in 3Q 2019). The increase in margin was driven by lower expenses.
