View ValuationMutual-Tek Industries 将来の成長Future 基準チェック /06現在、 Mutual-Tek Industriesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長33.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$36.05, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 31x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to NT$41.50, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 310% over the past three years.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 198% over the past three years.お知らせ • Mar 30Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 18, 2026Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: 5 floor no,25 ln.195, hua ch`eng rd., sinjhuang district, new taipei city TaiwanNew Risk • Mar 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 8.2% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$56.1m).Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$24.00, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 126% over the past three years.New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$1.33b market cap, or US$42.4m).New Risk • Oct 24New 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$1.44b market cap, or US$46.7m).Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$19.80, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years.New Risk • Aug 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 92% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (NT$1.29b market cap, or US$42.9m).Upcoming Dividend • Jul 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 July 2025. Payment date: 06 August 2025. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).Reported Earnings • Apr 17Full year 2024 earnings released: EPS: NT$1.33 (vs NT$0.38 in FY 2023)Full year 2024 results: EPS: NT$1.33 (up from NT$0.38 in FY 2023). Revenue: NT$2.86b (up 43% from FY 2023). Net income: NT$100.0m (up 250% from FY 2023). Profit margin: 3.5% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 10Now 29% overvaluedOver the last 90 days, the stock has fallen 2.4% to NT$16.40. The fair value is estimated to be NT$12.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Mar 24Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 13, 2025Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 13, 2025, at 09:00 Taipei Standard Time. Location: no,25 ln.195, hua ch`eng rd., sinjhuang district, new taipei city TaiwanNew Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$1.27b market cap, or US$38.7m).Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$21.00, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 179% over the past three years.Buy Or Sell Opportunity • Jul 31Now 23% overvaluedOver the last 90 days, the stock has fallen 7.4% to NT$17.45. The fair value is estimated to be NT$14.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Jul 03Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 06 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).New Risk • Apr 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 263% Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.37b market cap, or US$42.2m).Reported Earnings • Apr 18Full year 2023 earnings released: EPS: NT$0.38 (vs NT$0.29 in FY 2022)Full year 2023 results: EPS: NT$0.38 (up from NT$0.29 in FY 2022). Revenue: NT$2.01b (up 5.0% from FY 2022). Net income: NT$28.6m (up 33% from FY 2022). Profit margin: 1.4% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 28Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 14, 2024Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 14, 2024.New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 24% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.62b market cap, or US$51.2m).New Risk • Oct 14New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (NT$1.08b market cap, or US$33.6m).Buying Opportunity • Aug 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be NT$13.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Jun 28Upcoming dividend of NT$1.00 per share at 8.2% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 01 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.3%).Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$0.29 (vs NT$2.62 in FY 2021)Full year 2022 results: EPS: NT$0.29 (down from NT$2.62 in FY 2021). Revenue: NT$1.91b (up 17% from FY 2021). Net income: NT$21.6m (down 90% from FY 2021). Profit margin: 1.1% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$12.95, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.Buying Opportunity • Mar 10Now 21% undervaluedOver the last 90 days, the stock is up 3.4%. The fair value is estimated to be NT$13.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Feb 15Now 21% undervaluedOver the last 90 days, the stock is up 6.8%. The fair value is estimated to be NT$13.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$0.36 (vs NT$1.20 loss in 1H 2021)First half 2022 results: EPS: NT$0.36 (up from NT$1.20 loss in 1H 2021). Revenue: NT$1.08b (up 60% from 1H 2021). Net income: NT$27.1m (up NT$124.6m from 1H 2021). Profit margin: 2.5% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 32% per year.Upcoming Dividend • Jun 17Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (4.4%).Reported Earnings • Apr 27Full year 2021 earnings released: EPS: NT$2.62 (vs NT$5.77 loss in FY 2020)Full year 2021 results: EPS: NT$2.62 (up from NT$5.77 loss in FY 2020). Revenue: NT$1.64b (down 36% from FY 2020). Net income: NT$206.8m (up NT$665.0m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.お知らせ • Mar 23Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 09, 2022Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 09, 2022.Reported Earnings • Aug 18First half 2021 earnings released: NT$1.20 loss per share (vs NT$0.34 loss in 1H 2020)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: NT$675.3m (down 56% from 1H 2020). Net loss: NT$97.5m (loss widened 273% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 25Full year 2020 earnings released: NT$5.77 loss per share (vs NT$4.44 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$2.54b (down 43% from FY 2019). Net loss: NT$458.3m (down 250% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.分析記事 • Apr 23Calculating The Fair Value Of Mutual-Tek Industries Co., Ltd. (GTSM:6407)Today we will run through one way of estimating the intrinsic value of Mutual-Tek Industries Co., Ltd. ( GTSM:6407 ) by...Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$14.25, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total loss to shareholders of 45% over the past three years.分析記事 • Mar 19What To Know Before Buying Mutual-Tek Industries Co., Ltd. (GTSM:6407) For Its DividendDividend paying stocks like Mutual-Tek Industries Co., Ltd. ( GTSM:6407 ) tend to be popular with investors, and for...Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$13.05, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total loss to shareholders of 45% over the past three years.分析記事 • Feb 05Will The ROCE Trend At Mutual-Tek Industries (GTSM:6407) Continue?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Dec 18Are Mutual-Tek Industries's (GTSM:6407) Statutory Earnings A Good Guide To Its Underlying Profitability?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...Valuation Update With 7 Day Price Move • Dec 09Market pulls back on stock over the past weekAfter last week's 17% share price decline to NT$11.50, the stock is trading at a trailing P/E ratio of 8.6x, down from the previous P/E ratio of 10.3x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 17%.分析記事 • Nov 27Here's Why Mutual-Tek Industries (GTSM:6407) Is Weighed Down By Its Debt LoadSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 15% share price gain to NT$11.45, the stock is trading at a trailing P/E ratio of 8.5x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 13%.Is New 90 Day High Low • Oct 22New 90-day low: NT$10.35The company is down 46% from its price of NT$19.20 on 24 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$10.95The company is down 46% from its price of NT$20.25 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Mutual-Tek Industries は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:6407 - 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12/31/20253,16211438225N/A9/30/20252,985984191N/A6/30/20252,80981-30157N/A3/31/20252,83591-57134N/A12/31/20242,862100-84110N/A9/30/20242,72486-9497N/A6/30/20242,58672-10385N/A3/31/20242,29750-5980N/A12/31/20232,00829-1476N/A9/30/20231,8281063137N/A6/30/20231,649-9140197N/A3/31/20231,7816101171N/A12/31/20221,9132262144N/A9/30/20221,979176-121-30N/A6/30/20222,045331-304-205N/A3/31/20221,842269-312-216N/A12/31/20211,640207-320-227N/A9/30/20211,664-161-2948N/A6/30/20211,688-530263324N/A3/31/20212,114-494331438N/A12/31/20202,540-458400551N/A9/30/20203,183-180363562N/A6/30/20203,82598327572N/A3/31/20204,144202-245622N/A12/31/20194,463306-816672N/A9/30/20194,370313N/A662N/A6/30/20194,276319N/A653N/A3/31/20194,224302N/A557N/A12/31/20184,171285N/A461N/A9/30/20184,103279N/A318N/A6/30/20184,035273N/A174N/A3/31/20183,629142N/A231N/A12/31/20173,22410N/A287N/A9/30/20173,088-28N/A291N/A6/30/20172,952-65N/A295N/A3/31/20173,054-6N/A205N/A12/31/20163,15652N/A114N/A9/30/20162,981-11N/A56N/A6/30/20162,806-75N/A-2N/A3/31/20162,729-132N/A-89N/A12/31/20152,651-189N/A-176N/A9/30/20152,640-137N/A6N/A6/30/20152,629-86N/A188N/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: 6407の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6407の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6407の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6407の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6407の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6407の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 02:03終値2026/05/21 00:00収益2025/12/31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Mutual-Tek Industries Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$36.05, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 31x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to NT$41.50, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 310% over the past three years.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 198% over the past three years.
お知らせ • Mar 30Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 18, 2026Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: 5 floor no,25 ln.195, hua ch`eng rd., sinjhuang district, new taipei city Taiwan
New Risk • Mar 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 8.2% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$56.1m).
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$24.00, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 126% over the past three years.
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$1.33b market cap, or US$42.4m).
New Risk • Oct 24New 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$1.44b market cap, or US$46.7m).
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$19.80, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years.
New Risk • Aug 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 92% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (NT$1.29b market cap, or US$42.9m).
Upcoming Dividend • Jul 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 July 2025. Payment date: 06 August 2025. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
Reported Earnings • Apr 17Full year 2024 earnings released: EPS: NT$1.33 (vs NT$0.38 in FY 2023)Full year 2024 results: EPS: NT$1.33 (up from NT$0.38 in FY 2023). Revenue: NT$2.86b (up 43% from FY 2023). Net income: NT$100.0m (up 250% from FY 2023). Profit margin: 3.5% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 10Now 29% overvaluedOver the last 90 days, the stock has fallen 2.4% to NT$16.40. The fair value is estimated to be NT$12.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Mar 24Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 13, 2025Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 13, 2025, at 09:00 Taipei Standard Time. Location: no,25 ln.195, hua ch`eng rd., sinjhuang district, new taipei city Taiwan
New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$1.27b market cap, or US$38.7m).
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$21.00, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 179% over the past three years.
Buy Or Sell Opportunity • Jul 31Now 23% overvaluedOver the last 90 days, the stock has fallen 7.4% to NT$17.45. The fair value is estimated to be NT$14.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Jul 03Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 06 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
New Risk • Apr 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 263% Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.37b market cap, or US$42.2m).
Reported Earnings • Apr 18Full year 2023 earnings released: EPS: NT$0.38 (vs NT$0.29 in FY 2022)Full year 2023 results: EPS: NT$0.38 (up from NT$0.29 in FY 2022). Revenue: NT$2.01b (up 5.0% from FY 2022). Net income: NT$28.6m (up 33% from FY 2022). Profit margin: 1.4% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 28Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 14, 2024Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 14, 2024.
New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 24% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.62b market cap, or US$51.2m).
New Risk • Oct 14New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (NT$1.08b market cap, or US$33.6m).
Buying Opportunity • Aug 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be NT$13.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Jun 28Upcoming dividend of NT$1.00 per share at 8.2% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 01 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.3%).
Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$0.29 (vs NT$2.62 in FY 2021)Full year 2022 results: EPS: NT$0.29 (down from NT$2.62 in FY 2021). Revenue: NT$1.91b (up 17% from FY 2021). Net income: NT$21.6m (down 90% from FY 2021). Profit margin: 1.1% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$12.95, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.
Buying Opportunity • Mar 10Now 21% undervaluedOver the last 90 days, the stock is up 3.4%. The fair value is estimated to be NT$13.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Feb 15Now 21% undervaluedOver the last 90 days, the stock is up 6.8%. The fair value is estimated to be NT$13.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$0.36 (vs NT$1.20 loss in 1H 2021)First half 2022 results: EPS: NT$0.36 (up from NT$1.20 loss in 1H 2021). Revenue: NT$1.08b (up 60% from 1H 2021). Net income: NT$27.1m (up NT$124.6m from 1H 2021). Profit margin: 2.5% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 32% per year.
Upcoming Dividend • Jun 17Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (4.4%).
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: NT$2.62 (vs NT$5.77 loss in FY 2020)Full year 2021 results: EPS: NT$2.62 (up from NT$5.77 loss in FY 2020). Revenue: NT$1.64b (down 36% from FY 2020). Net income: NT$206.8m (up NT$665.0m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 23Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 09, 2022Mutual-Tek Industries Co., Ltd., Annual General Meeting, Jun 09, 2022.
Reported Earnings • Aug 18First half 2021 earnings released: NT$1.20 loss per share (vs NT$0.34 loss in 1H 2020)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: NT$675.3m (down 56% from 1H 2020). Net loss: NT$97.5m (loss widened 273% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 25Full year 2020 earnings released: NT$5.77 loss per share (vs NT$4.44 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$2.54b (down 43% from FY 2019). Net loss: NT$458.3m (down 250% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 23Calculating The Fair Value Of Mutual-Tek Industries Co., Ltd. (GTSM:6407)Today we will run through one way of estimating the intrinsic value of Mutual-Tek Industries Co., Ltd. ( GTSM:6407 ) by...
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$14.25, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total loss to shareholders of 45% over the past three years.
分析記事 • Mar 19What To Know Before Buying Mutual-Tek Industries Co., Ltd. (GTSM:6407) For Its DividendDividend paying stocks like Mutual-Tek Industries Co., Ltd. ( GTSM:6407 ) tend to be popular with investors, and for...
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$13.05, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total loss to shareholders of 45% over the past three years.
分析記事 • Feb 05Will The ROCE Trend At Mutual-Tek Industries (GTSM:6407) Continue?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Dec 18Are Mutual-Tek Industries's (GTSM:6407) Statutory Earnings A Good Guide To Its Underlying Profitability?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
Valuation Update With 7 Day Price Move • Dec 09Market pulls back on stock over the past weekAfter last week's 17% share price decline to NT$11.50, the stock is trading at a trailing P/E ratio of 8.6x, down from the previous P/E ratio of 10.3x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 17%.
分析記事 • Nov 27Here's Why Mutual-Tek Industries (GTSM:6407) Is Weighed Down By Its Debt LoadSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 15% share price gain to NT$11.45, the stock is trading at a trailing P/E ratio of 8.5x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 13%.
Is New 90 Day High Low • Oct 22New 90-day low: NT$10.35The company is down 46% from its price of NT$19.20 on 24 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$10.95The company is down 46% from its price of NT$20.25 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.