View ValuationTrusval Technology 将来の成長Future 基準チェック /06現在、 Trusval Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Machinery 収益成長29.7%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.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.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.すべての更新を表示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. 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、Trusval Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:6667 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20266,543679769902N/A12/31/20256,355654251404N/A9/30/20255,712603-169-28N/A6/30/20255,194572-731-606N/A3/31/20254,341511-372-276N/A12/31/20243,628440-94-18N/A9/30/20243,179375-1259N/A6/30/20242,693368773829N/A3/31/20242,520344548604N/A12/31/20232,413321217256N/A9/30/20232,398306537564N/A6/30/20232,495253169199N/A3/31/20232,4652416799N/A12/31/20222,46721166104N/A9/30/20222,390195-121-77N/A6/30/20222,086165-46-7N/A3/31/20221,920147-344N/A12/31/20211,76113090126N/A9/30/20211,56087037N/A6/30/20211,40390-1620N/A3/31/20211,3309498140N/A12/31/20201,2967471109N/A9/30/20201,310892166N/A6/30/20201,36574-68-9N/A3/31/20201,39234-117-61N/A12/31/20191,24540N/A-144N/A9/30/20191,21450N/A-39N/A6/30/20191,12459N/A47N/A3/31/20191,01077N/A63N/A12/31/20181,004103N/A173N/A9/30/2018932107N/A184N/A6/30/2018908121N/A315N/A3/31/201882594N/A324N/A12/31/2017929121N/A224N/A9/30/20171,019133N/A108N/A6/30/20171,095127N/A12N/A3/31/20171,143141N/A-67N/A12/31/20161,07397N/A-87N/A12/31/20151,080106N/A132N/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: 6667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: 6667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: 6667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: 6667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: 6667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: 6667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2026/05/25 15:29終値2026/05/22 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
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.
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.
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 • 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.