View Future GrowthMildef Crete 過去の業績過去 基準チェック /16Mildef Creteの収益は年間平均-1.9%の割合で減少していますが、 Tech業界の収益は年間 増加しています。収益は年間4.2% 0.5%割合で 増加しています。 Mildef Creteの自己資本利益率は10.8%であり、純利益率は14.7%です。主要情報-1.93%収益成長率-1.78%EPS成長率Tech 業界の成長14.00%収益成長率0.46%株主資本利益率10.79%ネット・マージン14.73%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.83 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.83 in 1Q 2025). Revenue: NT$728.3m (down 4.5% from 1Q 2025). Net income: NT$152.3m (down 8.4% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). 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 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$7.40 (vs NT$8.44 in FY 2024)Full year 2025 results: EPS: NT$7.40 (down from NT$8.44 in FY 2024). Revenue: NT$2.89b (up 1.2% from FY 2024). Net income: NT$434.1m (down 12% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$2.66 (vs NT$1.18 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.66 (up from NT$1.18 in 3Q 2024). Revenue: NT$817.6m (up 13% from 3Q 2024). Net income: NT$156.1m (up 125% from 3Q 2024). Profit margin: 19% (up from 9.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.83 (vs NT$2.66 in 1Q 2024)First quarter 2025 results: EPS: NT$2.83 (up from NT$2.66 in 1Q 2024). Revenue: NT$762.7m (flat on 1Q 2024). Net income: NT$166.1m (up 6.3% from 1Q 2024). Profit margin: 22% (up from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.44 (vs NT$7.85 in FY 2023)Full year 2024 results: EPS: NT$8.44 (up from NT$7.85 in FY 2023). Revenue: NT$2.85b (down 4.5% from FY 2023). Net income: NT$495.2m (up 7.5% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.18 (vs NT$2.06 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.18 (down from NT$2.06 in 3Q 2023). Revenue: NT$723.3m (down 21% from 3Q 2023). Net income: NT$69.5m (down 43% from 3Q 2023). Profit margin: 9.6% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesReported Earnings • May 07First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.83 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.83 in 1Q 2025). Revenue: NT$728.3m (down 4.5% from 1Q 2025). Net income: NT$152.3m (down 8.4% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). 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 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 12Mildef Crete Inc., Annual General Meeting, Jun 10, 2026Mildef Crete Inc., Annual General Meeting, Jun 10, 2026. Location: 7 floor no,250, sec.3 pei shen rd., shenkeng district, new taipei city TaiwanReported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$7.40 (vs NT$8.44 in FY 2024)Full year 2025 results: EPS: NT$7.40 (down from NT$8.44 in FY 2024). Revenue: NT$2.89b (up 1.2% from FY 2024). Net income: NT$434.1m (down 12% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$2.66 (vs NT$1.18 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.66 (up from NT$1.18 in 3Q 2024). Revenue: NT$817.6m (up 13% from 3Q 2024). Net income: NT$156.1m (up 125% from 3Q 2024). Profit margin: 19% (up from 9.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Nov 06Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$105. The fair value is estimated to be NT$137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 30%.Buy Or Sell Opportunity • Oct 08Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$110. The fair value is estimated to be NT$138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 30%.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$132, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total returns to shareholders of 252% over the past three years.Buy Or Sell Opportunity • Aug 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.0% to NT$106. The fair value is estimated to be NT$134, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 30%.New Risk • Aug 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Profit margins are more than 30% lower than last year (13% net profit margin).Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$111, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 227% over the past three years.Declared Dividend • Jun 13Dividend increased to NT$6.00Dividend of NT$6.00 is 11% higher than last year. Ex-date: 27th June 2025 Payment date: 25th July 2025 Dividend yield will be 6.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.83 (vs NT$2.66 in 1Q 2024)First quarter 2025 results: EPS: NT$2.83 (up from NT$2.66 in 1Q 2024). Revenue: NT$762.7m (flat on 1Q 2024). Net income: NT$166.1m (up 6.3% from 1Q 2024). Profit margin: 22% (up from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$105, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$97.20, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 124% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.44 (vs NT$7.85 in FY 2023)Full year 2024 results: EPS: NT$8.44 (up from NT$7.85 in FY 2023). Revenue: NT$2.85b (down 4.5% from FY 2023). Net income: NT$495.2m (up 7.5% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 13Mildef Crete Inc., Annual General Meeting, Jun 11, 2025Mildef Crete Inc., Annual General Meeting, Jun 11, 2025. Location: 7 floor no,250, sec.3 pei shen rd., shenkeng district, new taipei city TaiwanValuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$122, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 141% over the past three years.New Risk • Feb 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change).Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$124, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 146% over the past three years.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$96.20, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 90% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.18 (vs NT$2.06 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.18 (down from NT$2.06 in 3Q 2023). Revenue: NT$723.3m (down 21% from 3Q 2023). Net income: NT$69.5m (down 43% from 3Q 2023). Profit margin: 9.6% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$2.90 (vs NT$2.17 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.90 (up from NT$2.17 in 2Q 2023). Revenue: NT$727.4m (up 5.9% from 2Q 2023). Net income: NT$170.4m (up 34% from 2Q 2023). Profit margin: 23% (up from 19% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 27Upcoming dividend of NT$5.40 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 55% and the cash payout ratio is 83%. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.8%).Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$2.66 (vs NT$0.78 in 1Q 2023)First quarter 2024 results: EPS: NT$2.66 (up from NT$0.78 in 1Q 2023). Revenue: NT$758.0m (up 19% from 1Q 2023). Net income: NT$156.3m (up 240% from 1Q 2023). Profit margin: 21% (up from 7.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$112, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 138% over the past three years.Buy Or Sell Opportunity • Apr 03Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$96.70. The fair value is estimated to be NT$76.34, 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 16%.Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$7.85 (vs NT$3.89 in FY 2022)Full year 2023 results: EPS: NT$7.85 (up from NT$3.89 in FY 2022). Revenue: NT$2.99b (up 10% from FY 2022). Net income: NT$460.8m (up 102% from FY 2022). Profit margin: 15% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Mar 16Mildef Crete Inc., Annual General Meeting, Jun 12, 2024Mildef Crete Inc., Annual General Meeting, Jun 12, 2024.Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: NT$2.06 (vs NT$1.31 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.06 (up from NT$1.31 in 3Q 2022). Revenue: NT$919.0m (up 21% from 3Q 2022). Net income: NT$121.0m (up 57% from 3Q 2022). Profit margin: 13% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.New Risk • Nov 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Dividend is not well covered by cash flows (125% cash payout ratio).Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$80.30, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 112% over the past three years.New Risk • Aug 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change).Reported Earnings • Aug 07Second quarter 2023 earnings released: EPS: NT$2.17 (vs NT$0.61 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.17 (up from NT$0.61 in 2Q 2022). Revenue: NT$686.8m (down 1.7% from 2Q 2022). Net income: NT$127.6m (up 256% from 2Q 2022). Profit margin: 19% (up from 5.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 29Upcoming dividend of NT$3.60 per share at 6.0% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 03 August 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$3.89 (vs NT$10.88 in FY 2021)Full year 2022 results: EPS: NT$3.89 (down from NT$10.88 in FY 2021). Revenue: NT$2.71b (down 3.5% from FY 2021). Net income: NT$228.3m (down 64% from FY 2021). Profit margin: 8.4% (down from 23% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.61 (vs NT$7.65 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.61 (down from NT$7.65 in 2Q 2021). Revenue: NT$698.8m (down 19% from 2Q 2021). Net income: NT$35.9m (down 92% from 2Q 2021). Profit margin: 5.1% (down from 52% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 20Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 27 June 2022. Payment date: 22 July 2022. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.2%). In line with average of industry peers (7.1%).Buying Opportunity • Jun 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$63.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 46%.Buying Opportunity • May 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$63.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 46%.Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.23 (vs NT$0.72 in 1Q 2021)First quarter 2022 results: EPS: NT$0.23 (down from NT$0.72 in 1Q 2021). Revenue: NT$546.7m (down 12% from 1Q 2021). Net income: NT$13.2m (down 69% from 1Q 2021). Profit margin: 2.4% (down from 6.8% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$10.87 (vs NT$5.51 in FY 2020)Full year 2021 results: EPS: NT$10.87 (up from NT$5.51 in FY 2020). Revenue: NT$2.81b (down 5.6% from FY 2020). Net income: NT$638.2m (up 97% from FY 2020). Profit margin: 23% (up from 11% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$2.02 (vs NT$1.73 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$822.7m (down 14% from 3Q 2020). Net income: NT$118.8m (up 17% from 3Q 2020). Profit margin: 14% (up from 11% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$7.65 (vs NT$1.02 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$859.0m (up 35% from 2Q 2020). Net income: NT$448.9m (up NT$389.0m from 2Q 2020). Profit margin: 52% (up from 9.4% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 26Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 27 August 2021. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (5.1%).Reported Earnings • May 07First quarter 2021 earnings released: EPS NT$0.72 (vs NT$0.42 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$620.3m (down 2.3% from 1Q 2020). Net income: NT$42.2m (up 72% from 1Q 2020). Profit margin: 6.8% (up from 3.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% 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 • Apr 28Estimating The Intrinsic Value Of Mildef Crete Inc. (GTSM:3213)How far off is Mildef Crete Inc. ( GTSM:3213 ) from its intrinsic value? Using the most recent financial data, we'll...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$5.51 (vs NT$4.74 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.98b (up 5.4% from FY 2019). Net income: NT$323.3m (up 16% from FY 2019). Profit margin: 11% (up from 9.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.分析記事 • Mar 23Investors Met With Slowing Returns on Capital At Mildef Crete (GTSM:3213)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...分析記事 • Mar 05Does It Make Sense To Buy Mildef Crete Inc. (GTSM:3213) For Its Yield?Is Mildef Crete Inc. ( GTSM:3213 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Is New 90 Day High Low • Feb 23New 90-day high: NT$51.30The company is up 7.0% from its price of NT$47.80 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.分析記事 • Feb 15Mildef Crete (GTSM:3213) Has Compensated Shareholders With A Respectable 90% Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...分析記事 • Jan 31We're Not So Sure You Should Rely on Mildef Crete's (GTSM:3213) Statutory EarningsBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...Is New 90 Day High Low • Jan 27New 90-day high: NT$50.70The company is up 10.0% from its price of NT$46.30 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.分析記事 • Jan 16Calculating The Intrinsic Value Of Mildef Crete Inc. (GTSM:3213)Does the January share price for Mildef Crete Inc. ( GTSM:3213 ) reflect what it's really worth? Today, we will...分析記事 • Jan 01Mildef Crete Inc.'s (GTSM:3213) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?Mildef Crete's (GTSM:3213) stock up by 9.2% over the past three months. We wonder if and what role the company's...Is New 90 Day High Low • Dec 28New 90-day high: NT$49.95The company is up 9.0% from its price of NT$45.75 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 6.0% over the same period.分析記事 • Dec 17Returns On Capital At Mildef Crete (GTSM:3213) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Dec 02Does It Make Sense To Buy Mildef Crete Inc. (GTSM:3213) For Its Yield?Is Mildef Crete Inc. ( GTSM:3213 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Is New 90 Day High Low • Nov 25New 90-day high: NT$47.80The company is up 7.0% from its price of NT$44.75 on 27 August 2020. The Taiwanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Tech industry, which is down 2.0% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.73The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$957.5m (up 18% from 3Q 2019). Net income: NT$101.6m (up 104% from 3Q 2019). Profit margin: 11% (up from 6.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.収支内訳Mildef Crete の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:3213 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 262,85342025211131 Dec 252,88743425810830 Sep 252,99445625810830 Jun 252,90036925410031 Mar 252,85850525810431 Dec 242,85349525310330 Sep 242,95756225410230 Jun 243,15361425310331 Mar 243,1125712449331 Dec 232,9894612338730 Sep 232,9423972258130 Jun 232,7843532217431 Mar 232,7962612217131 Dec 222,7082282237030 Sep 222,5131542056030 Jun 222,5741961985731 Mar 222,7346092266831 Dec 212,8086382306530 Sep 213,0497472557330 Jun 213,1847302677631 Mar 212,9613412406931 Dec 202,9763232407230 Sep 203,0033052377430 Jun 202,8562532358031 Mar 202,8292562328231 Dec 192,8222782318630 Sep 192,5882122248930 Jun 192,6032252278831 Mar 192,5532072268231 Dec 182,4201822247930 Sep 182,5452212267630 Jun 182,4912302227331 Mar 182,4872772217331 Dec 172,5483312217030 Sep 172,5103802156930 Jun 172,4503692076831 Mar 172,3143112006531 Dec 162,1532591906830 Sep 162,0131871846530 Jun 161,9691821866931 Mar 161,9681771837031 Dec 152,0712341897030 Sep 152,1262471867730 Jun 152,13825318376質の高い収益: 3213は 高品質の収益 を持っています。利益率の向上: 3213の現在の純利益率 (14.7%)は、昨年(17.7%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3213の収益は過去 5 年間で年間1.9%減少しました。成長の加速: 3213は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 3213は過去 1 年間で収益成長率がマイナス ( -16.8% ) となったため、 Tech業界平均 ( -3.1% ) と比較することが困難です。株主資本利益率高いROE: 3213の 自己資本利益率 ( 10.8% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 06:22終値2026/05/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mildef Crete Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Shangzhi WangCapital Securities Corporation
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.83 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.83 in 1Q 2025). Revenue: NT$728.3m (down 4.5% from 1Q 2025). Net income: NT$152.3m (down 8.4% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). 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 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$7.40 (vs NT$8.44 in FY 2024)Full year 2025 results: EPS: NT$7.40 (down from NT$8.44 in FY 2024). Revenue: NT$2.89b (up 1.2% from FY 2024). Net income: NT$434.1m (down 12% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$2.66 (vs NT$1.18 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.66 (up from NT$1.18 in 3Q 2024). Revenue: NT$817.6m (up 13% from 3Q 2024). Net income: NT$156.1m (up 125% from 3Q 2024). Profit margin: 19% (up from 9.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.83 (vs NT$2.66 in 1Q 2024)First quarter 2025 results: EPS: NT$2.83 (up from NT$2.66 in 1Q 2024). Revenue: NT$762.7m (flat on 1Q 2024). Net income: NT$166.1m (up 6.3% from 1Q 2024). Profit margin: 22% (up from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.44 (vs NT$7.85 in FY 2023)Full year 2024 results: EPS: NT$8.44 (up from NT$7.85 in FY 2023). Revenue: NT$2.85b (down 4.5% from FY 2023). Net income: NT$495.2m (up 7.5% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.18 (vs NT$2.06 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.18 (down from NT$2.06 in 3Q 2023). Revenue: NT$723.3m (down 21% from 3Q 2023). Net income: NT$69.5m (down 43% from 3Q 2023). Profit margin: 9.6% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.83 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.83 in 1Q 2025). Revenue: NT$728.3m (down 4.5% from 1Q 2025). Net income: NT$152.3m (down 8.4% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). 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 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 12Mildef Crete Inc., Annual General Meeting, Jun 10, 2026Mildef Crete Inc., Annual General Meeting, Jun 10, 2026. Location: 7 floor no,250, sec.3 pei shen rd., shenkeng district, new taipei city Taiwan
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$7.40 (vs NT$8.44 in FY 2024)Full year 2025 results: EPS: NT$7.40 (down from NT$8.44 in FY 2024). Revenue: NT$2.89b (up 1.2% from FY 2024). Net income: NT$434.1m (down 12% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$2.66 (vs NT$1.18 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.66 (up from NT$1.18 in 3Q 2024). Revenue: NT$817.6m (up 13% from 3Q 2024). Net income: NT$156.1m (up 125% from 3Q 2024). Profit margin: 19% (up from 9.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Nov 06Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$105. The fair value is estimated to be NT$137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 30%.
Buy Or Sell Opportunity • Oct 08Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$110. The fair value is estimated to be NT$138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 30%.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$132, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total returns to shareholders of 252% over the past three years.
Buy Or Sell Opportunity • Aug 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.0% to NT$106. The fair value is estimated to be NT$134, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 30%.
New Risk • Aug 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Profit margins are more than 30% lower than last year (13% net profit margin).
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$111, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 227% over the past three years.
Declared Dividend • Jun 13Dividend increased to NT$6.00Dividend of NT$6.00 is 11% higher than last year. Ex-date: 27th June 2025 Payment date: 25th July 2025 Dividend yield will be 6.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.83 (vs NT$2.66 in 1Q 2024)First quarter 2025 results: EPS: NT$2.83 (up from NT$2.66 in 1Q 2024). Revenue: NT$762.7m (flat on 1Q 2024). Net income: NT$166.1m (up 6.3% from 1Q 2024). Profit margin: 22% (up from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$105, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$97.20, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 124% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.44 (vs NT$7.85 in FY 2023)Full year 2024 results: EPS: NT$8.44 (up from NT$7.85 in FY 2023). Revenue: NT$2.85b (down 4.5% from FY 2023). Net income: NT$495.2m (up 7.5% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 13Mildef Crete Inc., Annual General Meeting, Jun 11, 2025Mildef Crete Inc., Annual General Meeting, Jun 11, 2025. Location: 7 floor no,250, sec.3 pei shen rd., shenkeng district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$122, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 141% over the past three years.
New Risk • Feb 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change).
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$124, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 146% over the past three years.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$96.20, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 90% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.18 (vs NT$2.06 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.18 (down from NT$2.06 in 3Q 2023). Revenue: NT$723.3m (down 21% from 3Q 2023). Net income: NT$69.5m (down 43% from 3Q 2023). Profit margin: 9.6% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$2.90 (vs NT$2.17 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.90 (up from NT$2.17 in 2Q 2023). Revenue: NT$727.4m (up 5.9% from 2Q 2023). Net income: NT$170.4m (up 34% from 2Q 2023). Profit margin: 23% (up from 19% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 27Upcoming dividend of NT$5.40 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 55% and the cash payout ratio is 83%. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.8%).
Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$2.66 (vs NT$0.78 in 1Q 2023)First quarter 2024 results: EPS: NT$2.66 (up from NT$0.78 in 1Q 2023). Revenue: NT$758.0m (up 19% from 1Q 2023). Net income: NT$156.3m (up 240% from 1Q 2023). Profit margin: 21% (up from 7.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$112, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 138% over the past three years.
Buy Or Sell Opportunity • Apr 03Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$96.70. The fair value is estimated to be NT$76.34, 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 16%.
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$7.85 (vs NT$3.89 in FY 2022)Full year 2023 results: EPS: NT$7.85 (up from NT$3.89 in FY 2022). Revenue: NT$2.99b (up 10% from FY 2022). Net income: NT$460.8m (up 102% from FY 2022). Profit margin: 15% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Mar 16Mildef Crete Inc., Annual General Meeting, Jun 12, 2024Mildef Crete Inc., Annual General Meeting, Jun 12, 2024.
Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: NT$2.06 (vs NT$1.31 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.06 (up from NT$1.31 in 3Q 2022). Revenue: NT$919.0m (up 21% from 3Q 2022). Net income: NT$121.0m (up 57% from 3Q 2022). Profit margin: 13% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
New Risk • Nov 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Dividend is not well covered by cash flows (125% cash payout ratio).
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$80.30, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 112% over the past three years.
New Risk • Aug 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change).
Reported Earnings • Aug 07Second quarter 2023 earnings released: EPS: NT$2.17 (vs NT$0.61 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.17 (up from NT$0.61 in 2Q 2022). Revenue: NT$686.8m (down 1.7% from 2Q 2022). Net income: NT$127.6m (up 256% from 2Q 2022). Profit margin: 19% (up from 5.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 29Upcoming dividend of NT$3.60 per share at 6.0% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 03 August 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$3.89 (vs NT$10.88 in FY 2021)Full year 2022 results: EPS: NT$3.89 (down from NT$10.88 in FY 2021). Revenue: NT$2.71b (down 3.5% from FY 2021). Net income: NT$228.3m (down 64% from FY 2021). Profit margin: 8.4% (down from 23% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.61 (vs NT$7.65 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.61 (down from NT$7.65 in 2Q 2021). Revenue: NT$698.8m (down 19% from 2Q 2021). Net income: NT$35.9m (down 92% from 2Q 2021). Profit margin: 5.1% (down from 52% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 20Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 27 June 2022. Payment date: 22 July 2022. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.2%). In line with average of industry peers (7.1%).
Buying Opportunity • Jun 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$63.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 46%.
Buying Opportunity • May 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$63.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 46%.
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.23 (vs NT$0.72 in 1Q 2021)First quarter 2022 results: EPS: NT$0.23 (down from NT$0.72 in 1Q 2021). Revenue: NT$546.7m (down 12% from 1Q 2021). Net income: NT$13.2m (down 69% from 1Q 2021). Profit margin: 2.4% (down from 6.8% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$10.87 (vs NT$5.51 in FY 2020)Full year 2021 results: EPS: NT$10.87 (up from NT$5.51 in FY 2020). Revenue: NT$2.81b (down 5.6% from FY 2020). Net income: NT$638.2m (up 97% from FY 2020). Profit margin: 23% (up from 11% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$2.02 (vs NT$1.73 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$822.7m (down 14% from 3Q 2020). Net income: NT$118.8m (up 17% from 3Q 2020). Profit margin: 14% (up from 11% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$7.65 (vs NT$1.02 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$859.0m (up 35% from 2Q 2020). Net income: NT$448.9m (up NT$389.0m from 2Q 2020). Profit margin: 52% (up from 9.4% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 26Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 27 August 2021. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (5.1%).
Reported Earnings • May 07First quarter 2021 earnings released: EPS NT$0.72 (vs NT$0.42 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$620.3m (down 2.3% from 1Q 2020). Net income: NT$42.2m (up 72% from 1Q 2020). Profit margin: 6.8% (up from 3.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% 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 • Apr 28Estimating The Intrinsic Value Of Mildef Crete Inc. (GTSM:3213)How far off is Mildef Crete Inc. ( GTSM:3213 ) from its intrinsic value? Using the most recent financial data, we'll...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$5.51 (vs NT$4.74 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.98b (up 5.4% from FY 2019). Net income: NT$323.3m (up 16% from FY 2019). Profit margin: 11% (up from 9.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
分析記事 • Mar 23Investors Met With Slowing Returns on Capital At Mildef Crete (GTSM:3213)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
分析記事 • Mar 05Does It Make Sense To Buy Mildef Crete Inc. (GTSM:3213) For Its Yield?Is Mildef Crete Inc. ( GTSM:3213 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Is New 90 Day High Low • Feb 23New 90-day high: NT$51.30The company is up 7.0% from its price of NT$47.80 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.
分析記事 • Feb 15Mildef Crete (GTSM:3213) Has Compensated Shareholders With A Respectable 90% Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...
分析記事 • Jan 31We're Not So Sure You Should Rely on Mildef Crete's (GTSM:3213) Statutory EarningsBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
Is New 90 Day High Low • Jan 27New 90-day high: NT$50.70The company is up 10.0% from its price of NT$46.30 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.
分析記事 • Jan 16Calculating The Intrinsic Value Of Mildef Crete Inc. (GTSM:3213)Does the January share price for Mildef Crete Inc. ( GTSM:3213 ) reflect what it's really worth? Today, we will...
分析記事 • Jan 01Mildef Crete Inc.'s (GTSM:3213) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?Mildef Crete's (GTSM:3213) stock up by 9.2% over the past three months. We wonder if and what role the company's...
Is New 90 Day High Low • Dec 28New 90-day high: NT$49.95The company is up 9.0% from its price of NT$45.75 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 6.0% over the same period.
分析記事 • Dec 17Returns On Capital At Mildef Crete (GTSM:3213) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Dec 02Does It Make Sense To Buy Mildef Crete Inc. (GTSM:3213) For Its Yield?Is Mildef Crete Inc. ( GTSM:3213 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Is New 90 Day High Low • Nov 25New 90-day high: NT$47.80The company is up 7.0% from its price of NT$44.75 on 27 August 2020. The Taiwanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Tech industry, which is down 2.0% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.73The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$957.5m (up 18% from 3Q 2019). Net income: NT$101.6m (up 104% from 3Q 2019). Profit margin: 11% (up from 6.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.