View ValuationVoltronic Power Technology 将来の成長Future 基準チェック /26Voltronic Power Technology利益と収益がそれぞれ年間14.6%と9.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に40.7% 13.7%なると予測されています。主要情報14.6%収益成長率13.69%EPS成長率Electrical 収益成長32.5%収益成長率9.2%将来の株主資本利益率40.70%アナリストカバレッジGood最終更新日29 Jun 2026今後の成長に関する最新情報Major Estimate Revision • Jun 13Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$19.8b to NT$21.3b. EPS estimate increased from NT$31.37 to NT$37.27 per share. Net income forecast to grow 19% next year vs 29% growth forecast for Electrical industry in Taiwan. Consensus price target broadly unchanged at NT$1,251. Share price was steady at NT$930 over the past week.Price Target Changed • Mar 10Price target decreased by 13% to NT$1,253Down from NT$1,434, the current price target is an average from 5 analysts. New target price is 53% above last closing price of NT$819. Stock is down 48% over the past year. The company is forecast to post earnings per share of NT$41.92 for next year compared to NT$40.23 last year.Price Target Changed • Aug 08Price target decreased by 8.1% to NT$1,594Down from NT$1,735, the current price target is an average from 5 analysts. New target price is 35% above last closing price of NT$1,180. Stock is down 33% over the past year. The company is forecast to post earnings per share of NT$46.31 for next year compared to NT$48.13 last year.Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$25.6b to NT$24.9b. EPS estimate also fell from NT$52.25 per share to NT$46.10 per share. Net income forecast to shrink 4.4% next year vs 20% growth forecast for Electrical industry in Taiwan . Consensus price target of NT$1,939 unchanged from last update. Share price fell 3.3% to NT$1,480 over the past week.分析記事 • Mar 10Voltronic Power Technology Corp. (TWSE:6409) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?The annual results for Voltronic Power Technology Corp. ( TWSE:6409 ) were released last week, making it a good time to...分析記事 • Nov 11NT$2,247 - That's What Analysts Think Voltronic Power Technology Corp. (TWSE:6409) Is Worth After These ResultsShareholders might have noticed that Voltronic Power Technology Corp. ( TWSE:6409 ) filed its quarterly result this...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$1,080, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$851 per share.Buy Or Sell Opportunity • Jun 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to NT$940. The fair value is estimated to be NT$776, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.8%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Major Estimate Revision • Jun 13Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$19.8b to NT$21.3b. EPS estimate increased from NT$31.37 to NT$37.27 per share. Net income forecast to grow 19% next year vs 29% growth forecast for Electrical industry in Taiwan. Consensus price target broadly unchanged at NT$1,251. Share price was steady at NT$930 over the past week.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$928, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electrical industry in Taiwan. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$606 per share.Buy Or Sell Opportunity • May 25Now 24% overvaluedOver the last 90 days, the stock has fallen 22% to NT$715. The fair value is estimated to be NT$579, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.9%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 34% in the next 2 years.Reported Earnings • May 09First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: NT$4.00 (down from NT$9.73 in 1Q 2025). Revenue: NT$4.20b (down 16% from 1Q 2025). Net income: NT$391.5m (down 54% from 1Q 2025). Profit margin: 9.3% (down from 17% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Price Target Changed • Mar 10Price target decreased by 13% to NT$1,253Down from NT$1,434, the current price target is an average from 5 analysts. New target price is 53% above last closing price of NT$819. Stock is down 48% over the past year. The company is forecast to post earnings per share of NT$41.92 for next year compared to NT$40.23 last year.お知らせ • Mar 09Voltronic Power Technology Corp., Annual General Meeting, May 28, 2026Voltronic Power Technology Corp., Annual General Meeting, May 28, 2026. Location: 2 floor no,12, chou tzu st., neihu district, taipei city TaiwanReported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$40.23 (vs NT$48.13 in FY 2024)Full year 2025 results: EPS: NT$40.23 (down from NT$48.13 in FY 2024). Revenue: NT$20.5b (down 10.0% from FY 2024). Net income: NT$3.52b (down 16% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,155, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Electrical industry in Taiwan. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$976 per share.New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 97% Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change).New Risk • Oct 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Buy Or Sell Opportunity • Oct 08Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to NT$1,035. The fair value is estimated to be NT$854, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.0%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to decline by 5.9% in the next 2 years.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$17.11 (vs NT$14.70 in 2Q 2024)Second quarter 2025 results: EPS: NT$17.11 (up from NT$14.70 in 2Q 2024). Revenue: NT$5.71b (down 12% from 2Q 2024). Net income: NT$1.50b (up 17% from 2Q 2024). Profit margin: 26% (up from 20% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Price Target Changed • Aug 08Price target decreased by 8.1% to NT$1,594Down from NT$1,735, the current price target is an average from 5 analysts. New target price is 35% above last closing price of NT$1,180. Stock is down 33% over the past year. The company is forecast to post earnings per share of NT$46.31 for next year compared to NT$48.13 last year.Upcoming Dividend • Jul 03Upcoming dividend of NT$43.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 13 August 2025. Payout ratio and cash payout ratio are on the higher end at 79% and 75% respectively. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.7%).Declared Dividend • Jun 09Dividend increased to NT$43.00Dividend of NT$43.00 is 15% higher than last year. Ex-date: 10th July 2025 Payment date: 13th August 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$25.6b to NT$24.9b. EPS estimate also fell from NT$52.25 per share to NT$46.10 per share. Net income forecast to shrink 4.4% next year vs 20% growth forecast for Electrical industry in Taiwan . Consensus price target of NT$1,939 unchanged from last update. Share price fell 3.3% to NT$1,480 over the past week.Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: NT$9.73 (up from NT$8.18 in 1Q 2024). Revenue: NT$4.99b (up 8.6% from 1Q 2024). Net income: NT$850.7m (up 19% from 1Q 2024). Profit margin: 17% (up from 16% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.お知らせ • May 06Voltronic Power Technology Corp. to Report Q1, 2025 Results on May 13, 2025Voltronic Power Technology Corp. announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$1,285, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Electrical industry in Taiwan. Total loss to shareholders of 2.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,398 per share.分析記事 • Mar 22Should You Be Adding Voltronic Power Technology (TWSE:6409) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...分析記事 • Mar 10Voltronic Power Technology Corp. (TWSE:6409) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?The annual results for Voltronic Power Technology Corp. ( TWSE:6409 ) were released last week, making it a good time to...Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: NT$48.13 (up from NT$41.52 in FY 2023). Revenue: NT$22.8b (up 20% from FY 2023). Net income: NT$4.20b (up 16% from FY 2023). Profit margin: 18% (in line with FY 2023). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 07+ 1 more updateVoltronic Power Technology Corp., Annual General Meeting, May 28, 2025Voltronic Power Technology Corp., Annual General Meeting, May 28, 2025. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city Taiwanお知らせ • Feb 27Voltronic Power Technology Corp. to Report Fiscal Year 2024 Results on Mar 06, 2025Voltronic Power Technology Corp. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 06, 2025分析記事 • Feb 19Voltronic Power Technology Corp. (TWSE:6409) Investors Are Less Pessimistic Than ExpectedWith a price-to-earnings (or "P/E") ratio of 37.8x Voltronic Power Technology Corp. ( TWSE:6409 ) may be sending very...分析記事 • Feb 04Is There Now An Opportunity In Voltronic Power Technology Corp. (TWSE:6409)?Voltronic Power Technology Corp. ( TWSE:6409 ), might not be a large cap stock, but it received a lot of attention from...分析記事 • Nov 19We Like Voltronic Power Technology's (TWSE:6409) Earnings For More Than Just Statutory ProfitThe market seemed underwhelmed by the solid earnings posted by Voltronic Power Technology Corp. ( TWSE:6409 ) recently...分析記事 • Nov 11NT$2,247 - That's What Analysts Think Voltronic Power Technology Corp. (TWSE:6409) Is Worth After These ResultsShareholders might have noticed that Voltronic Power Technology Corp. ( TWSE:6409 ) filed its quarterly result this...Reported Earnings • Nov 10Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$14.08 (up from NT$7.22 in 3Q 2023). Revenue: NT$6.70b (up 50% from 3Q 2023). Net income: NT$1.23b (up 95% from 3Q 2023). Profit margin: 18% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 10Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Oct 23Voltronic Power Technology Corp.'s (TWSE:6409) Share Price Not Quite Adding UpWith a price-to-earnings (or "P/E") ratio of 52.2x Voltronic Power Technology Corp. ( TWSE:6409 ) may be sending very...分析記事 • Oct 04What Does Voltronic Power Technology Corp.'s (TWSE:6409) Share Price Indicate?Voltronic Power Technology Corp. ( TWSE:6409 ), is not the largest company out there, but it received a lot of...Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$2,370, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,337 per share.New Risk • Sep 21New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change).Price Target Changed • Sep 20Price target increased by 11% to NT$1,962Up from NT$1,768, the current price target is an average from 5 analysts. New target price is 10.0% below last closing price of NT$2,180. Stock is up 40% over the past year. The company is forecast to post earnings per share of NT$48.67 for next year compared to NT$41.52 last year.分析記事 • Aug 11Need To Know: Analysts Are Much More Bullish On Voltronic Power Technology Corp. (TWSE:6409) RevenuesVoltronic Power Technology Corp. ( TWSE:6409 ) shareholders will have a reason to smile today, with the analysts making...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$14.70 (vs NT$15.16 in 2Q 2023)Second quarter 2024 results: EPS: NT$14.70 (down from NT$15.16 in 2Q 2023). Revenue: NT$6.51b (up 25% from 2Q 2023). Net income: NT$1.28b (down 2.9% from 2Q 2023). Profit margin: 20% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$1,730. The fair value is estimated to be NT$1,406, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.分析記事 • Aug 02Voltronic Power Technology (TWSE:6409) Is Reinvesting To Multiply In ValueFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...お知らせ • Aug 01Voltronic Power Technology Corp. to Report Q2, 2024 Results on Aug 08, 2024Voltronic Power Technology Corp. announced that they will report Q2, 2024 results on Aug 08, 2024New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change).分析記事 • Jul 12Voltronic Power Technology's (TWSE:6409) Shareholders Will Receive A Smaller Dividend Than Last YearVoltronic Power Technology Corp.'s ( TWSE:6409 ) dividend is being reduced by 14% to NT$37.5 per share on 22nd of...Declared Dividend • Jul 06Dividend reduced to NT$37.50Dividend of NT$37.50 is 14% lower than last year. Ex-date: 22nd July 2024 Payment date: 22nd August 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.分析記事 • Jul 05Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...お知らせ • Jul 05+ 3 more updatesVoltronic Power Technology Corp. Announces the Appointment of Members of the 3rd Term of Corporate Governance and Sustainability CommitteeVoltronic Power Technology Corp. announced the appointment of members of the 3rd term of Corporate Governance and Sustainability Committee. Name of the new position holder: Independent Director: Li, Chien-Jan; Wang, Hsiu-Chi; Ho,Yun-Hsuan. Resume of the new position holder: Li Chien-Jan, independent Director of Voltronic Power Technology Corp.; Wang Hsiu-Chi, independent Director of Voltronic Power Technology Corp.; Ho,Yun-Hsuan, independent Director of Voltronic Power Technology Corp. Effective date of the new member: July 4, 2024. New term: July 4, 2024 to June 13, 2027.分析記事 • Jun 20Voltronic Power Technology Corp.'s (TWSE:6409) Popularity With Investors Is Under Threat From OverpricingWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider...分析記事 • Jun 05At NT$1,680, Is It Time To Put Voltronic Power Technology Corp. (TWSE:6409) On Your Watch List?Voltronic Power Technology Corp. ( TWSE:6409 ), might not be a large cap stock, but it saw a decent share price growth...分析記事 • May 21Voltronic Power Technology's (TWSE:6409) Soft Earnings Are Actually Better Than They AppearThe market for Voltronic Power Technology Corp.'s ( TWSE:6409 ) shares didn't move much after it posted weak earnings...分析記事 • May 14Analyst Estimates: Here's What Brokers Think Of Voltronic Power Technology Corp. (TWSE:6409) After Its First-Quarter ReportInvestors in Voltronic Power Technology Corp. ( TWSE:6409 ) had a good week, as its shares rose 2.3% to close at...Reported Earnings • May 12First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: NT$8.17 (down from NT$8.55 in 1Q 2023). Revenue: NT$4.60b (down 2.1% from 1Q 2023). Net income: NT$713.9m (down 4.3% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • May 02Voltronic Power Technology Corp. to Report Q1, 2024 Results on May 09, 2024Voltronic Power Technology Corp. announced that they will report Q1, 2024 results on May 09, 2024分析記事 • Apr 02Voltronic Power Technology (TWSE:6409) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 01Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$41.52 (down from NT$50.90 in FY 2022). Revenue: NT$19.0b (down 17% from FY 2022). Net income: NT$3.62b (down 18% from FY 2022). Profit margin: 19% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.0%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 28+ 1 more updateVoltronic Power Technology Corp. Announces Change of the Personnel Acting as Spokesman, Finance Officer and Accounting OfficerVoltronic Power Technology Corp. Announces Change of the personnel acting as Spokesman, Finance Officer and Accounting Officer. Name, title, and resume of the previous position holder: Louis Wang Spokesman, Finance Officer and Accounting Office. .Name, title, and resume of the new position holder: Chiehmin Wang Finance Manager. Effective date is 26 February 2024.お知らせ • Feb 27Voltronic Power Technology Corp., Annual General Meeting, Jun 14, 2024Voltronic Power Technology Corp., Annual General Meeting, Jun 14, 2024. Location: 2F, No.327, Sec.1 ,Tiding Boulevard, Neihu Dist. (LILY CONFERENCE) Taipei City Taiwan Agenda: To consider the 2023 business report; to consider Audit Committee's Review Report for the year of 2023; to consider the directors and employee bonus of 2023; to amend the Procedure of Director Meeting; to consider the 2023 business report and financial statements; to consider Earnings distribution of 2023; to consider proposal by the Company to use additional paid in capital to distribute dividend in cash; to elect the Directors; and to consider other matters.分析記事 • Feb 26Some Shareholders Feeling Restless Over Voltronic Power Technology Corp.'s (TWSE:6409) P/E RatioWith a price-to-earnings (or "P/E") ratio of 35x Voltronic Power Technology Corp. ( TWSE:6409 ) may be sending very...Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$1,360, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$823 per share.New Risk • Dec 05New 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 Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).Major Estimate Revision • Nov 16Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$19.7b to NT$19.3b. EPS estimate also fell from NT$42.47 per share to NT$36.99 per share. Net income forecast to shrink 4.0% next year vs 29% growth forecast for Electrical industry in Taiwan . Consensus price target of NT$1,691 unchanged from last update. Share price was steady at NT$1,445 over the past week.Reported Earnings • Nov 10Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$7.22 (down from NT$17.29 in 3Q 2022). Revenue: NT$4.46b (down 30% from 3Q 2022). Net income: NT$629.6m (down 58% from 3Q 2022). Profit margin: 14% (down from 24% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Nov 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Price Target Changed • Aug 31Price target decreased by 10% to NT$1,786Down from NT$1,990, the current price target is an average from 4 analysts. New target price is 23% above last closing price of NT$1,450. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$36.91 for next year compared to NT$50.90 last year.Reported Earnings • Aug 12Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$15.16 (up from NT$14.71 in 2Q 2022). Revenue: NT$5.20b (down 18% from 2Q 2022). Net income: NT$1.32b (up 3.3% from 2Q 2022). Profit margin: 25% (up from 20% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 11Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$22.5b to NT$19.4b. EPS estimate fell from NT$45.23 to NT$36.91 per share. Net income forecast to shrink 23% next year vs 8.1% growth forecast for Electrical industry in Taiwan . Consensus price target down from NT$1,990 to NT$1,869. Share price fell 6.8% to NT$1,570 over the past week.Upcoming Dividend • Jul 07Upcoming dividend of NT$43.51 per share at 2.3% yieldEligible shareholders must have bought the stock before 14 July 2023. Payment date: 18 August 2023. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.0%).お知らせ • Jun 30Voltronic Power Technology Corp. Announces Cash Dividend, Payable on August 18, 2023Voltronic Power Technology Corp. announced a cash dividend of TWD 3,817,671,665 or TWD 43.50892413 per share. Ex-rights (ex-dividend) trading date is July 14, 2023. Ex-rights (ex-dividend) record date is July 22, 2023. Payment date of cash dividend distribution is August 18, 2023.Reported Earnings • May 16First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: NT$8.55 (up from NT$5.75 in 1Q 2022). Revenue: NT$4.70b (up 9.9% from 1Q 2022). Net income: NT$745.9m (up 49% from 1Q 2022). Profit margin: 16% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.Reported Earnings • Feb 25Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$50.90 (up from NT$27.13 in FY 2021). Revenue: NT$22.7b (up 34% from FY 2021). Net income: NT$4.43b (up 88% from FY 2021). Profit margin: 20% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Feb 24Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. 2022 revenue forecast increased from NT$22.5b to NT$22.7b. EPS estimate increased from NT$44.70 to NT$49.78 per share. Net income forecast to grow 7.2% next year vs 22% growth forecast for Electrical industry in Taiwan. Consensus price target up from NT$1,636 to NT$1,783. Share price rose 2.2% to NT$1,605 over the past week.Price Target Changed • Feb 19Price target increased by 8.9% to NT$1,783Up from NT$1,636, the current price target is an average from 4 analysts. New target price is 14% above last closing price of NT$1,570. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of NT$46.36 for next year compared to NT$27.13 last year.Major Estimate Revision • Nov 23Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$22.2b to NT$22.8b. EPS estimate increased from NT$44.11 to NT$49.07 per share. Net income forecast to grow 5.0% next year vs 5.9% growth forecast for Electrical industry in Taiwan. Consensus price target broadly unchanged at NT$1,636. Share price was steady at NT$1,580 over the past week.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Kuei-Fang Liao was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$17.29 (up from NT$7.91 in 3Q 2021). Revenue: NT$6.41b (up 42% from 3Q 2021). Net income: NT$1.51b (up 119% from 3Q 2021). Profit margin: 24% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Aug 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NT$35.39 to NT$40.98. Revenue forecast unchanged at NT$22.0b. Net income forecast to grow 19% next year vs 16% growth forecast for Electrical industry in Taiwan. Consensus price target up from NT$1,591 to NT$1,654. Share price rose 12% to NT$1,820 over the past week.Upcoming Dividend • Aug 17Upcoming dividend of NT$23.55 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 66% and the cash payout ratio is 92%. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.5%).Reported Earnings • Aug 12Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$14.71 (up from NT$7.09 in 2Q 2021). Revenue: NT$6.35b (up 56% from 2Q 2021). Net income: NT$1.28b (up 108% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 12%, compared to a 25% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Aug 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Kuei-Fang Liao was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Kuei-Fang Liao was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$5.75 (up from NT$4.87 in 1Q 2021). Revenue: NT$4.27b (up 23% from 1Q 2021). Net income: NT$500.4m (up 18% from 1Q 2021). Profit margin: 12% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 17%, compared to a 25% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sam Ho was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$27.13 (up from NT$25.31 in FY 2020). Revenue: NT$17.0b (up 24% from FY 2020). Net income: NT$2.36b (up 7.4% from FY 2020). Profit margin: 14% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 23% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 25Voltronic Power Technology Corp., Annual General Meeting, Jun 17, 2022Voltronic Power Technology Corp., Annual General Meeting, Jun 17, 2022. Location: 2F, No.327, Sec.1 ,Tiding Boulevard, Neihu Dist Taipei Taiwan Agenda: To consider the 2021 business report; to consider the audit committee's review report for the year 2021; to amend the Procedure for Board of Directors Meetings; and to consider other matters.Price Target Changed • Dec 06Price target increased to NT$1,731Up from NT$1,573, the current price target is an average from 5 analysts. New target price is 17% above last closing price of NT$1,480. Stock is up 65% over the past year. The company is forecast to post earnings per share of NT$27.37 for next year compared to NT$25.31 last year.Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sam Ho was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$7.91 (vs NT$6.33 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$4.52b (up 25% from 3Q 2020). Net income: NT$688.0m (up 25% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 29Price target increased to NT$1,490Up from NT$1,364, the current price target is an average from 4 analysts. New target price is 8.3% below last closing price of NT$1,625. Stock is up 66% over the past year. The company is forecast to post earnings per share of NT$26.68 for next year compared to NT$25.31 last year.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$1,655, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 266% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$844 per share.Upcoming Dividend • Aug 13Upcoming dividend of NT$23.50 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 23 September 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (3.4%).Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$7.09 (vs NT$9.12 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$4.06b (up 5.2% from 2Q 2020). Net income: NT$616.5m (down 22% from 2Q 2020). Profit margin: 15% (down from 21% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.業績と収益の成長予測TWSE:6409 - 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12/31/202825,6474,6844,6795,016212/31/202722,8303,8934,3764,335612/31/202620,6823,2123,7563,47863/31/202619,7313,0623,6423,718N/A12/31/202520,5213,5214,5504,617N/A9/30/202520,8903,9643,4083,466N/A6/30/202522,4074,5534,9215,014N/A3/31/202523,2094,3414,3724,466N/A12/31/202422,8134,2044,3114,404N/A9/30/202422,4004,1535,7535,867N/A6/30/202420,1633,5534,4294,516N/A3/31/202418,8543,5914,3364,468N/A12/31/202318,9513,6233,8904,083N/A9/30/202320,0553,8444,5194,884N/A6/30/202321,9974,7205,0585,590N/A3/31/202323,1464,6785,1325,803N/A12/31/202222,7254,4333,6325,619N/A9/30/202221,9403,9182,9314,813N/A6/30/202220,0563,1012,2404,075N/A3/31/202217,7682,4378732,635N/A12/31/202116,9572,3591,7622,299N/A9/30/202115,6592,1831,3341,895N/A6/30/202114,7672,0451,6452,180N/A3/31/202114,5652,2192,1562,703N/A12/31/202013,6532,1972,2192,626N/A9/30/202013,3542,2622,4932,831N/A6/30/202013,0472,3472,2932,587N/A3/31/202012,6322,1522,4342,698N/A12/31/201912,9362,131N/A2,997N/A9/30/201912,5922,075N/A2,756N/A6/30/201912,3252,007N/A2,540N/A3/31/201911,7461,895N/A2,253N/A12/31/201811,4081,814N/A1,865N/A9/30/201811,0601,717N/A1,694N/A6/30/201810,5631,475N/A1,637N/A3/31/201810,1851,345N/A1,459N/A12/31/20179,8621,364N/A1,741N/A9/30/20179,2371,370N/A1,710N/A6/30/20178,7441,376N/A1,398N/A3/31/20178,2961,416N/A1,491N/A12/31/20168,1201,428N/A1,379N/A9/30/20168,0671,396N/A1,225N/A6/30/20168,1421,516N/A1,441N/A3/31/20168,1371,457N/A1,400N/A12/31/20158,0391,417N/A1,359N/A9/30/20157,8451,354N/A1,386N/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: 6409の予測収益成長率 (年間14.6% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: 6409の収益 ( 14.6% ) TW市場 ( 27% ) よりも低い成長が予測されています。高成長収益: 6409の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 6409の収益 ( 9.2% ) TW市場 ( 19.4% ) よりも低い成長が予測されています。高い収益成長: 6409の収益 ( 9.2% ) 20%よりも低い成長が予測されています。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: 6409の 自己資本利益率 は、3年後には非常に高くなると予測されています ( 40.7 %)。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2026/07/09 19:40終値2026/07/09 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Voltronic Power Technology Corp. 6 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。10 アナリスト機関Meizhen WangCapital Securities CorporationSam KaoCLSA SinopacSheng-Yuan ChengDaiwa Securities Co. Ltd.7 その他のアナリストを表示
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$19.8b to NT$21.3b. EPS estimate increased from NT$31.37 to NT$37.27 per share. Net income forecast to grow 19% next year vs 29% growth forecast for Electrical industry in Taiwan. Consensus price target broadly unchanged at NT$1,251. Share price was steady at NT$930 over the past week.
Price Target Changed • Mar 10Price target decreased by 13% to NT$1,253Down from NT$1,434, the current price target is an average from 5 analysts. New target price is 53% above last closing price of NT$819. Stock is down 48% over the past year. The company is forecast to post earnings per share of NT$41.92 for next year compared to NT$40.23 last year.
Price Target Changed • Aug 08Price target decreased by 8.1% to NT$1,594Down from NT$1,735, the current price target is an average from 5 analysts. New target price is 35% above last closing price of NT$1,180. Stock is down 33% over the past year. The company is forecast to post earnings per share of NT$46.31 for next year compared to NT$48.13 last year.
Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$25.6b to NT$24.9b. EPS estimate also fell from NT$52.25 per share to NT$46.10 per share. Net income forecast to shrink 4.4% next year vs 20% growth forecast for Electrical industry in Taiwan . Consensus price target of NT$1,939 unchanged from last update. Share price fell 3.3% to NT$1,480 over the past week.
分析記事 • Mar 10Voltronic Power Technology Corp. (TWSE:6409) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?The annual results for Voltronic Power Technology Corp. ( TWSE:6409 ) were released last week, making it a good time to...
分析記事 • Nov 11NT$2,247 - That's What Analysts Think Voltronic Power Technology Corp. (TWSE:6409) Is Worth After These ResultsShareholders might have noticed that Voltronic Power Technology Corp. ( TWSE:6409 ) filed its quarterly result this...
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$1,080, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$851 per share.
Buy Or Sell Opportunity • Jun 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to NT$940. The fair value is estimated to be NT$776, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.8%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$19.8b to NT$21.3b. EPS estimate increased from NT$31.37 to NT$37.27 per share. Net income forecast to grow 19% next year vs 29% growth forecast for Electrical industry in Taiwan. Consensus price target broadly unchanged at NT$1,251. Share price was steady at NT$930 over the past week.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$928, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electrical industry in Taiwan. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$606 per share.
Buy Or Sell Opportunity • May 25Now 24% overvaluedOver the last 90 days, the stock has fallen 22% to NT$715. The fair value is estimated to be NT$579, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.9%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 34% in the next 2 years.
Reported Earnings • May 09First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: NT$4.00 (down from NT$9.73 in 1Q 2025). Revenue: NT$4.20b (down 16% from 1Q 2025). Net income: NT$391.5m (down 54% from 1Q 2025). Profit margin: 9.3% (down from 17% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Mar 10Price target decreased by 13% to NT$1,253Down from NT$1,434, the current price target is an average from 5 analysts. New target price is 53% above last closing price of NT$819. Stock is down 48% over the past year. The company is forecast to post earnings per share of NT$41.92 for next year compared to NT$40.23 last year.
お知らせ • Mar 09Voltronic Power Technology Corp., Annual General Meeting, May 28, 2026Voltronic Power Technology Corp., Annual General Meeting, May 28, 2026. Location: 2 floor no,12, chou tzu st., neihu district, taipei city Taiwan
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$40.23 (vs NT$48.13 in FY 2024)Full year 2025 results: EPS: NT$40.23 (down from NT$48.13 in FY 2024). Revenue: NT$20.5b (down 10.0% from FY 2024). Net income: NT$3.52b (down 16% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,155, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Electrical industry in Taiwan. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$976 per share.
New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 97% Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change).
New Risk • Oct 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Buy Or Sell Opportunity • Oct 08Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to NT$1,035. The fair value is estimated to be NT$854, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.0%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to decline by 5.9% in the next 2 years.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$17.11 (vs NT$14.70 in 2Q 2024)Second quarter 2025 results: EPS: NT$17.11 (up from NT$14.70 in 2Q 2024). Revenue: NT$5.71b (down 12% from 2Q 2024). Net income: NT$1.50b (up 17% from 2Q 2024). Profit margin: 26% (up from 20% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Price Target Changed • Aug 08Price target decreased by 8.1% to NT$1,594Down from NT$1,735, the current price target is an average from 5 analysts. New target price is 35% above last closing price of NT$1,180. Stock is down 33% over the past year. The company is forecast to post earnings per share of NT$46.31 for next year compared to NT$48.13 last year.
Upcoming Dividend • Jul 03Upcoming dividend of NT$43.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 13 August 2025. Payout ratio and cash payout ratio are on the higher end at 79% and 75% respectively. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.7%).
Declared Dividend • Jun 09Dividend increased to NT$43.00Dividend of NT$43.00 is 15% higher than last year. Ex-date: 10th July 2025 Payment date: 13th August 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$25.6b to NT$24.9b. EPS estimate also fell from NT$52.25 per share to NT$46.10 per share. Net income forecast to shrink 4.4% next year vs 20% growth forecast for Electrical industry in Taiwan . Consensus price target of NT$1,939 unchanged from last update. Share price fell 3.3% to NT$1,480 over the past week.
Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: NT$9.73 (up from NT$8.18 in 1Q 2024). Revenue: NT$4.99b (up 8.6% from 1Q 2024). Net income: NT$850.7m (up 19% from 1Q 2024). Profit margin: 17% (up from 16% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.
お知らせ • May 06Voltronic Power Technology Corp. to Report Q1, 2025 Results on May 13, 2025Voltronic Power Technology Corp. announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$1,285, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Electrical industry in Taiwan. Total loss to shareholders of 2.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,398 per share.
分析記事 • Mar 22Should You Be Adding Voltronic Power Technology (TWSE:6409) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
分析記事 • Mar 10Voltronic Power Technology Corp. (TWSE:6409) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?The annual results for Voltronic Power Technology Corp. ( TWSE:6409 ) were released last week, making it a good time to...
Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: NT$48.13 (up from NT$41.52 in FY 2023). Revenue: NT$22.8b (up 20% from FY 2023). Net income: NT$4.20b (up 16% from FY 2023). Profit margin: 18% (in line with FY 2023). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 07+ 1 more updateVoltronic Power Technology Corp., Annual General Meeting, May 28, 2025Voltronic Power Technology Corp., Annual General Meeting, May 28, 2025. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city Taiwan
お知らせ • Feb 27Voltronic Power Technology Corp. to Report Fiscal Year 2024 Results on Mar 06, 2025Voltronic Power Technology Corp. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 06, 2025
分析記事 • Feb 19Voltronic Power Technology Corp. (TWSE:6409) Investors Are Less Pessimistic Than ExpectedWith a price-to-earnings (or "P/E") ratio of 37.8x Voltronic Power Technology Corp. ( TWSE:6409 ) may be sending very...
分析記事 • Feb 04Is There Now An Opportunity In Voltronic Power Technology Corp. (TWSE:6409)?Voltronic Power Technology Corp. ( TWSE:6409 ), might not be a large cap stock, but it received a lot of attention from...
分析記事 • Nov 19We Like Voltronic Power Technology's (TWSE:6409) Earnings For More Than Just Statutory ProfitThe market seemed underwhelmed by the solid earnings posted by Voltronic Power Technology Corp. ( TWSE:6409 ) recently...
分析記事 • Nov 11NT$2,247 - That's What Analysts Think Voltronic Power Technology Corp. (TWSE:6409) Is Worth After These ResultsShareholders might have noticed that Voltronic Power Technology Corp. ( TWSE:6409 ) filed its quarterly result this...
Reported Earnings • Nov 10Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$14.08 (up from NT$7.22 in 3Q 2023). Revenue: NT$6.70b (up 50% from 3Q 2023). Net income: NT$1.23b (up 95% from 3Q 2023). Profit margin: 18% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 10Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Oct 23Voltronic Power Technology Corp.'s (TWSE:6409) Share Price Not Quite Adding UpWith a price-to-earnings (or "P/E") ratio of 52.2x Voltronic Power Technology Corp. ( TWSE:6409 ) may be sending very...
分析記事 • Oct 04What Does Voltronic Power Technology Corp.'s (TWSE:6409) Share Price Indicate?Voltronic Power Technology Corp. ( TWSE:6409 ), is not the largest company out there, but it received a lot of...
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$2,370, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,337 per share.
New Risk • Sep 21New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change).
Price Target Changed • Sep 20Price target increased by 11% to NT$1,962Up from NT$1,768, the current price target is an average from 5 analysts. New target price is 10.0% below last closing price of NT$2,180. Stock is up 40% over the past year. The company is forecast to post earnings per share of NT$48.67 for next year compared to NT$41.52 last year.
分析記事 • Aug 11Need To Know: Analysts Are Much More Bullish On Voltronic Power Technology Corp. (TWSE:6409) RevenuesVoltronic Power Technology Corp. ( TWSE:6409 ) shareholders will have a reason to smile today, with the analysts making...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$14.70 (vs NT$15.16 in 2Q 2023)Second quarter 2024 results: EPS: NT$14.70 (down from NT$15.16 in 2Q 2023). Revenue: NT$6.51b (up 25% from 2Q 2023). Net income: NT$1.28b (down 2.9% from 2Q 2023). Profit margin: 20% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$1,730. The fair value is estimated to be NT$1,406, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.
分析記事 • Aug 02Voltronic Power Technology (TWSE:6409) Is Reinvesting To Multiply In ValueFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
お知らせ • Aug 01Voltronic Power Technology Corp. to Report Q2, 2024 Results on Aug 08, 2024Voltronic Power Technology Corp. announced that they will report Q2, 2024 results on Aug 08, 2024
New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change).
分析記事 • Jul 12Voltronic Power Technology's (TWSE:6409) Shareholders Will Receive A Smaller Dividend Than Last YearVoltronic Power Technology Corp.'s ( TWSE:6409 ) dividend is being reduced by 14% to NT$37.5 per share on 22nd of...
Declared Dividend • Jul 06Dividend reduced to NT$37.50Dividend of NT$37.50 is 14% lower than last year. Ex-date: 22nd July 2024 Payment date: 22nd August 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
分析記事 • Jul 05Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
お知らせ • Jul 05+ 3 more updatesVoltronic Power Technology Corp. Announces the Appointment of Members of the 3rd Term of Corporate Governance and Sustainability CommitteeVoltronic Power Technology Corp. announced the appointment of members of the 3rd term of Corporate Governance and Sustainability Committee. Name of the new position holder: Independent Director: Li, Chien-Jan; Wang, Hsiu-Chi; Ho,Yun-Hsuan. Resume of the new position holder: Li Chien-Jan, independent Director of Voltronic Power Technology Corp.; Wang Hsiu-Chi, independent Director of Voltronic Power Technology Corp.; Ho,Yun-Hsuan, independent Director of Voltronic Power Technology Corp. Effective date of the new member: July 4, 2024. New term: July 4, 2024 to June 13, 2027.
分析記事 • Jun 20Voltronic Power Technology Corp.'s (TWSE:6409) Popularity With Investors Is Under Threat From OverpricingWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider...
分析記事 • Jun 05At NT$1,680, Is It Time To Put Voltronic Power Technology Corp. (TWSE:6409) On Your Watch List?Voltronic Power Technology Corp. ( TWSE:6409 ), might not be a large cap stock, but it saw a decent share price growth...
分析記事 • May 21Voltronic Power Technology's (TWSE:6409) Soft Earnings Are Actually Better Than They AppearThe market for Voltronic Power Technology Corp.'s ( TWSE:6409 ) shares didn't move much after it posted weak earnings...
分析記事 • May 14Analyst Estimates: Here's What Brokers Think Of Voltronic Power Technology Corp. (TWSE:6409) After Its First-Quarter ReportInvestors in Voltronic Power Technology Corp. ( TWSE:6409 ) had a good week, as its shares rose 2.3% to close at...
Reported Earnings • May 12First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: NT$8.17 (down from NT$8.55 in 1Q 2023). Revenue: NT$4.60b (down 2.1% from 1Q 2023). Net income: NT$713.9m (down 4.3% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • May 02Voltronic Power Technology Corp. to Report Q1, 2024 Results on May 09, 2024Voltronic Power Technology Corp. announced that they will report Q1, 2024 results on May 09, 2024
分析記事 • Apr 02Voltronic Power Technology (TWSE:6409) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 01Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$41.52 (down from NT$50.90 in FY 2022). Revenue: NT$19.0b (down 17% from FY 2022). Net income: NT$3.62b (down 18% from FY 2022). Profit margin: 19% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.0%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 28+ 1 more updateVoltronic Power Technology Corp. Announces Change of the Personnel Acting as Spokesman, Finance Officer and Accounting OfficerVoltronic Power Technology Corp. Announces Change of the personnel acting as Spokesman, Finance Officer and Accounting Officer. Name, title, and resume of the previous position holder: Louis Wang Spokesman, Finance Officer and Accounting Office. .Name, title, and resume of the new position holder: Chiehmin Wang Finance Manager. Effective date is 26 February 2024.
お知らせ • Feb 27Voltronic Power Technology Corp., Annual General Meeting, Jun 14, 2024Voltronic Power Technology Corp., Annual General Meeting, Jun 14, 2024. Location: 2F, No.327, Sec.1 ,Tiding Boulevard, Neihu Dist. (LILY CONFERENCE) Taipei City Taiwan Agenda: To consider the 2023 business report; to consider Audit Committee's Review Report for the year of 2023; to consider the directors and employee bonus of 2023; to amend the Procedure of Director Meeting; to consider the 2023 business report and financial statements; to consider Earnings distribution of 2023; to consider proposal by the Company to use additional paid in capital to distribute dividend in cash; to elect the Directors; and to consider other matters.
分析記事 • Feb 26Some Shareholders Feeling Restless Over Voltronic Power Technology Corp.'s (TWSE:6409) P/E RatioWith a price-to-earnings (or "P/E") ratio of 35x Voltronic Power Technology Corp. ( TWSE:6409 ) may be sending very...
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$1,360, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$823 per share.
New Risk • Dec 05New 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 Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).
Major Estimate Revision • Nov 16Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$19.7b to NT$19.3b. EPS estimate also fell from NT$42.47 per share to NT$36.99 per share. Net income forecast to shrink 4.0% next year vs 29% growth forecast for Electrical industry in Taiwan . Consensus price target of NT$1,691 unchanged from last update. Share price was steady at NT$1,445 over the past week.
Reported Earnings • Nov 10Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$7.22 (down from NT$17.29 in 3Q 2022). Revenue: NT$4.46b (down 30% from 3Q 2022). Net income: NT$629.6m (down 58% from 3Q 2022). Profit margin: 14% (down from 24% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Price Target Changed • Aug 31Price target decreased by 10% to NT$1,786Down from NT$1,990, the current price target is an average from 4 analysts. New target price is 23% above last closing price of NT$1,450. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$36.91 for next year compared to NT$50.90 last year.
Reported Earnings • Aug 12Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$15.16 (up from NT$14.71 in 2Q 2022). Revenue: NT$5.20b (down 18% from 2Q 2022). Net income: NT$1.32b (up 3.3% from 2Q 2022). Profit margin: 25% (up from 20% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 11Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$22.5b to NT$19.4b. EPS estimate fell from NT$45.23 to NT$36.91 per share. Net income forecast to shrink 23% next year vs 8.1% growth forecast for Electrical industry in Taiwan . Consensus price target down from NT$1,990 to NT$1,869. Share price fell 6.8% to NT$1,570 over the past week.
Upcoming Dividend • Jul 07Upcoming dividend of NT$43.51 per share at 2.3% yieldEligible shareholders must have bought the stock before 14 July 2023. Payment date: 18 August 2023. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.0%).
お知らせ • Jun 30Voltronic Power Technology Corp. Announces Cash Dividend, Payable on August 18, 2023Voltronic Power Technology Corp. announced a cash dividend of TWD 3,817,671,665 or TWD 43.50892413 per share. Ex-rights (ex-dividend) trading date is July 14, 2023. Ex-rights (ex-dividend) record date is July 22, 2023. Payment date of cash dividend distribution is August 18, 2023.
Reported Earnings • May 16First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: NT$8.55 (up from NT$5.75 in 1Q 2022). Revenue: NT$4.70b (up 9.9% from 1Q 2022). Net income: NT$745.9m (up 49% from 1Q 2022). Profit margin: 16% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.
Reported Earnings • Feb 25Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$50.90 (up from NT$27.13 in FY 2021). Revenue: NT$22.7b (up 34% from FY 2021). Net income: NT$4.43b (up 88% from FY 2021). Profit margin: 20% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Feb 24Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. 2022 revenue forecast increased from NT$22.5b to NT$22.7b. EPS estimate increased from NT$44.70 to NT$49.78 per share. Net income forecast to grow 7.2% next year vs 22% growth forecast for Electrical industry in Taiwan. Consensus price target up from NT$1,636 to NT$1,783. Share price rose 2.2% to NT$1,605 over the past week.
Price Target Changed • Feb 19Price target increased by 8.9% to NT$1,783Up from NT$1,636, the current price target is an average from 4 analysts. New target price is 14% above last closing price of NT$1,570. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of NT$46.36 for next year compared to NT$27.13 last year.
Major Estimate Revision • Nov 23Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$22.2b to NT$22.8b. EPS estimate increased from NT$44.11 to NT$49.07 per share. Net income forecast to grow 5.0% next year vs 5.9% growth forecast for Electrical industry in Taiwan. Consensus price target broadly unchanged at NT$1,636. Share price was steady at NT$1,580 over the past week.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Kuei-Fang Liao was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$17.29 (up from NT$7.91 in 3Q 2021). Revenue: NT$6.41b (up 42% from 3Q 2021). Net income: NT$1.51b (up 119% from 3Q 2021). Profit margin: 24% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Aug 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NT$35.39 to NT$40.98. Revenue forecast unchanged at NT$22.0b. Net income forecast to grow 19% next year vs 16% growth forecast for Electrical industry in Taiwan. Consensus price target up from NT$1,591 to NT$1,654. Share price rose 12% to NT$1,820 over the past week.
Upcoming Dividend • Aug 17Upcoming dividend of NT$23.55 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 66% and the cash payout ratio is 92%. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.5%).
Reported Earnings • Aug 12Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$14.71 (up from NT$7.09 in 2Q 2021). Revenue: NT$6.35b (up 56% from 2Q 2021). Net income: NT$1.28b (up 108% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 12%, compared to a 25% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Aug 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Kuei-Fang Liao was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Kuei-Fang Liao was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$5.75 (up from NT$4.87 in 1Q 2021). Revenue: NT$4.27b (up 23% from 1Q 2021). Net income: NT$500.4m (up 18% from 1Q 2021). Profit margin: 12% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 17%, compared to a 25% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sam Ho was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$27.13 (up from NT$25.31 in FY 2020). Revenue: NT$17.0b (up 24% from FY 2020). Net income: NT$2.36b (up 7.4% from FY 2020). Profit margin: 14% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 23% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 25Voltronic Power Technology Corp., Annual General Meeting, Jun 17, 2022Voltronic Power Technology Corp., Annual General Meeting, Jun 17, 2022. Location: 2F, No.327, Sec.1 ,Tiding Boulevard, Neihu Dist Taipei Taiwan Agenda: To consider the 2021 business report; to consider the audit committee's review report for the year 2021; to amend the Procedure for Board of Directors Meetings; and to consider other matters.
Price Target Changed • Dec 06Price target increased to NT$1,731Up from NT$1,573, the current price target is an average from 5 analysts. New target price is 17% above last closing price of NT$1,480. Stock is up 65% over the past year. The company is forecast to post earnings per share of NT$27.37 for next year compared to NT$25.31 last year.
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sam Ho was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$7.91 (vs NT$6.33 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$4.52b (up 25% from 3Q 2020). Net income: NT$688.0m (up 25% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 29Price target increased to NT$1,490Up from NT$1,364, the current price target is an average from 4 analysts. New target price is 8.3% below last closing price of NT$1,625. Stock is up 66% over the past year. The company is forecast to post earnings per share of NT$26.68 for next year compared to NT$25.31 last year.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$1,655, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 266% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$844 per share.
Upcoming Dividend • Aug 13Upcoming dividend of NT$23.50 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 23 September 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (3.4%).
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$7.09 (vs NT$9.12 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$4.06b (up 5.2% from 2Q 2020). Net income: NT$616.5m (down 22% from 2Q 2020). Profit margin: 15% (down from 21% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.