View Future GrowthTWOWAY Communications 過去の業績過去 基準チェック /26TWOWAY Communicationsは、平均年間27.6%の収益成長を遂げていますが、 Communications業界の収益は、年間 成長しています。収益は、平均年間13.4% 10.8%収益成長率で 成長しています。 TWOWAY Communicationsの自己資本利益率は3%であり、純利益率は5.1%です。主要情報27.56%収益成長率26.98%EPS成長率Communications 業界の成長21.03%収益成長率10.81%株主資本利益率2.99%ネット・マージン5.10%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$0.64 (down from NT$2.45 in FY 2024). Revenue: NT$1.20b (down 31% from FY 2024). Net income: NT$61.0m (down 70% from FY 2024). Profit margin: 5.1% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 29% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings.Reported Earnings • Nov 11Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$0.40 (up from NT$0.073 in 3Q 2024). Revenue: NT$353.2m (down 9.6% from 3Q 2024). Net income: NT$37.6m (up NT$31.7m from 3Q 2024). Profit margin: 11% (up from 1.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 122%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 10Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.02 loss per share (down from NT$0.51 profit in 2Q 2024). Revenue: NT$335.2m (down 24% from 2Q 2024). Net loss: NT$2.22m (down 105% from profit in 2Q 2024). Revenue missed analyst estimates by 64%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 04First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$0.06 (down from NT$1.48 in 1Q 2024). Revenue: NT$310.8m (down 44% from 1Q 2024). Net income: NT$5.41m (down 96% from 1Q 2024). Profit margin: 1.7% (down from 22% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 53%. Earnings per share (EPS) also missed analyst estimates by 92%. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 18TWOWAY Communications, Inc. to Report Q1, 2025 Results on Apr 28, 2025TWOWAY Communications, Inc. announced that they will report Q1, 2025 results on Apr 28, 2025分析記事 • Mar 18We Think That There Are More Issues For TWOWAY Communications (TWSE:8045) Than Just Sluggish EarningsThe market wasn't impressed with the soft earnings from TWOWAY Communications, Inc. ( TWSE:8045 ) recently. We did some...すべての更新を表示Recent updatesDeclared Dividend • May 08Dividend reduced to NT$1.00Dividend of NT$1.00 is 49% lower than last year. Ex-date: 29th June 2026 Payment date: 24th July 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control, which is more than the 25% EPS growth achieved over the last 5 years.Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$0.64 (down from NT$2.45 in FY 2024). Revenue: NT$1.20b (down 31% from FY 2024). Net income: NT$61.0m (down 70% from FY 2024). Profit margin: 5.1% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 29% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings.お知らせ • Mar 12TWOWAY Communications, Inc., Annual General Meeting, Jun 01, 2026TWOWAY Communications, Inc., Annual General Meeting, Jun 01, 2026. Location: no,41, wu kung 6th rd., new taipei city TaiwanNew Risk • Jan 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 6.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 241% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (5.6% net profit margin).Reported Earnings • Nov 11Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$0.40 (up from NT$0.073 in 3Q 2024). Revenue: NT$353.2m (down 9.6% from 3Q 2024). Net income: NT$37.6m (up NT$31.7m from 3Q 2024). Profit margin: 11% (up from 1.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 122%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 10Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.02 loss per share (down from NT$0.51 profit in 2Q 2024). Revenue: NT$335.2m (down 24% from 2Q 2024). Net loss: NT$2.22m (down 105% from profit in 2Q 2024). Revenue missed analyst estimates by 64%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ching-Sung Wu was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jun 26Upcoming dividend of NT$1.97 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 25 July 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.4%).New Risk • Jun 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 194% Paying a dividend despite having no free cash flows. High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (5.8% net profit margin). Shareholders have been diluted in the past year (15% increase in shares outstanding).Reported Earnings • May 04First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$0.06 (down from NT$1.48 in 1Q 2024). Revenue: NT$310.8m (down 44% from 1Q 2024). Net income: NT$5.41m (down 96% from 1Q 2024). Profit margin: 1.7% (down from 22% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 53%. Earnings per share (EPS) also missed analyst estimates by 92%. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 30Dividend reduced to NT$1.97Dividend of NT$1.97 is 56% lower than last year. Ex-date: 3rd July 2025 Payment date: 25th July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 39% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 126% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 18TWOWAY Communications, Inc. to Report Q1, 2025 Results on Apr 28, 2025TWOWAY Communications, Inc. announced that they will report Q1, 2025 results on Apr 28, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$96.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Communications industry in Taiwan. Total returns to shareholders of 795% over the past three years.分析記事 • Mar 18We Think That There Are More Issues For TWOWAY Communications (TWSE:8045) Than Just Sluggish EarningsThe market wasn't impressed with the soft earnings from TWOWAY Communications, Inc. ( TWSE:8045 ) recently. We did some...Reported Earnings • Mar 14Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: NT$2.45 (down from NT$5.00 in FY 2023). Revenue: NT$1.74b (down 25% from FY 2023). Net income: NT$201.7m (down 51% from FY 2023). Profit margin: 12% (down from 18% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 126% per year, which means it is tracking significantly ahead of earnings growth.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$117, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 923% over the past three years.お知らせ • Mar 06TWOWAY Communications, Inc., Annual General Meeting, Jun 12, 2025TWOWAY Communications, Inc., Annual General Meeting, Jun 12, 2025. Location: no,41, wu kung 6th rd., new taipei city Taiwanお知らせ • Feb 26TWOWAY Communications, Inc. to Report Fiscal Year 2024 Results on Mar 05, 2025TWOWAY Communications, Inc. announced that they will report fiscal year 2024 results on Mar 05, 2025分析記事 • Feb 10Earnings Tell The Story For TWOWAY Communications, Inc. (TWSE:8045) As Its Stock Soars 25%Despite an already strong run, TWOWAY Communications, Inc. ( TWSE:8045 ) shares have been powering on, with a gain of...Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$137, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 1,070% over the past three years.お知らせ • Jan 26Twoway Communications, Inc. Announces Resignation of Li,Siao-De as Corporate Governance OfficerTWOWAY Communications, Inc. announced the resignation of Li,Siao-de,corporate governance officer. Effective date of resignation of January 24, 2025.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$113, the stock trades at a trailing P/E ratio of 25.8x. Average forward P/E is 18x in the Communications industry in Taiwan. Total returns to shareholders of 877% over the past three years.分析記事 • Jan 03Is Now The Time To Put TWOWAY Communications (TWSE:8045) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$78.30, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 549% over the past three years.New Risk • Dec 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 150%Buy Or Sell Opportunity • Dec 17Now 22% overvaluedOver the last 90 days, the stock has fallen 45% to NT$66.00. The fair value is estimated to be NT$54.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 87%.分析記事 • Dec 12Positive Sentiment Still Eludes TWOWAY Communications, Inc. (TWSE:8045) Following 30% Share Price SlumpTo the annoyance of some shareholders, TWOWAY Communications, Inc. ( TWSE:8045 ) shares are down a considerable 30% in...お知らせ • Dec 12TWOWAY Communications, Inc. has completed a Follow-on Equity Offering in the amount of TWD 524.4624 million.TWOWAY Communications, Inc. has completed a Follow-on Equity Offering in the amount of TWD 524.4624 million. Security Name: Shares Security Type: Common Stock Securities Offered: 7,623,000 Price\Range: TWD 68.8Valuation Update With 7 Day Price Move • Dec 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$69.70, the stock trades at a trailing P/E ratio of 15.9x. Average forward P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 469% over the past three years.お知らせ • Nov 22TWOWAY Communications, Inc. has filed a Follow-on Equity Offering.TWOWAY Communications, Inc. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 7,623,000 Price(minimum): TWD 59.31Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.07 (vs NT$2.23 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.07 (down from NT$2.23 in 3Q 2023). Revenue: NT$390.7m (down 54% from 3Q 2023). Net income: NT$5.91m (down 97% from 3Q 2023). Profit margin: 1.5% (down from 22% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 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 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$90.00, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 30x in the Communications industry in Taiwan. Total returns to shareholders of 762% over the past three years.Buy Or Sell Opportunity • Aug 30Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to NT$118. The fair value is estimated to be NT$96.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 96%.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.50 (vs NT$1.00 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.50 (down from NT$1.00 in 2Q 2023). Revenue: NT$441.9m (down 12% from 2Q 2023). Net income: NT$41.2m (down 49% from 2Q 2023). Profit margin: 9.3% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 18Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Upcoming Dividend • Jun 18Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • Jun 14First quarter 2024 earnings released: EPS: NT$1.48 (vs NT$0.45 loss in 1Q 2023)First quarter 2024 results: EPS: NT$1.48 (up from NT$0.45 loss in 1Q 2023). Revenue: NT$554.3m (up 312% from 1Q 2023). Net income: NT$120.4m (up NT$156.8m from 1Q 2023). Profit margin: 22% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 131% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$132, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 29x in the Communications industry in Taiwan. Total returns to shareholders of 1,100% over the past three years.Reported Earnings • Apr 20Full year 2023 earnings released: EPS: NT$5.00 (vs NT$0.76 in FY 2022)Full year 2023 results: EPS: NT$5.00 (up from NT$0.76 in FY 2022). Revenue: NT$2.33b (up 128% from FY 2022). Net income: NT$407.9m (up NT$345.7m from FY 2022). Profit margin: 18% (up from 6.1% 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 84% per year but the company’s share price has increased by 129% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 02TWOWAY Communications, Inc., Annual General Meeting, Jun 18, 2024TWOWAY Communications, Inc., Annual General Meeting, Jun 18, 2024.New Risk • Feb 28New 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 (9.0% average weekly change). Earnings have declined by 5.4% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).New Risk • Feb 01New 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 7.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.1% average weekly change). Earnings have declined by 5.4% per year over the past 5 years.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$69.10, the stock trades at a trailing P/E ratio of 75.5x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 701% over the past three years.Reported Earnings • Aug 14First half 2023 earnings released: EPS: NT$0.55 (vs NT$0.40 in 1H 2022)First half 2023 results: EPS: NT$0.55 (up from NT$0.40 in 1H 2022). Revenue: NT$635.6m (up 30% from 1H 2022). Net income: NT$44.8m (up 38% from 1H 2022). Profit margin: 7.0% (up from 6.6% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 13Upcoming dividend of NT$0.70 per share at 2.1% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 26 July 2023. Payout ratio is on the higher end at 92%, however this is supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$34.40, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 257% over the past three years.Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$28.95, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 199% over the past three years.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$21.30, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 157% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 39%After last week's 39% share price gain to NT$22.20, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 200% over the past three years.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$15.85, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 17x in the Communications industry in Taiwan. Total returns to shareholders of 136% over the past three years.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$13.75, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 16x in the Communications industry in Taiwan. Total returns to shareholders of 38% over the past three years.Reported Earnings • Aug 16First half 2022 earnings released: EPS: NT$0.40 (vs NT$0.13 in 1H 2021)First half 2022 results: EPS: NT$0.40 (up from NT$0.13 in 1H 2021). Revenue: NT$489.7m (down 16% from 1H 2021). Net income: NT$32.4m (up 211% from 1H 2021). Profit margin: 6.6% (up from 1.8% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 16Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 26 July 2022. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.0%).Reported Earnings • May 02Full year 2021 earnings released: EPS: NT$0.58 (vs NT$0.21 in FY 2020)Full year 2021 results: EPS: NT$0.58 (up from NT$0.21 in FY 2020). Revenue: NT$1.17b (up 11% from FY 2020). Net income: NT$47.4m (up 180% from FY 2020). Profit margin: 4.0% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Apr 10TWOWAY Communications, Inc., Annual General Meeting, Jun 21, 2022TWOWAY Communications, Inc., Annual General Meeting, Jun 21, 2022.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$13.50, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 24x in the Communications industry in Taiwan. Total returns to shareholders of 54% over the past three years.Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$0.13 (vs NT$0.20 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$579.5m (up 37% from 1H 2020). Net income: NT$10.4m (up NT$26.8m from 1H 2020). Profit margin: 1.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 31 August 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).Reported Earnings • Apr 30Full year 2020 earnings released: EPS NT$0.21 (vs NT$0.83 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.06b (down 17% from FY 2019). Net income: NT$16.9m (down 75% from FY 2019). Profit margin: 1.6% (down from 5.3% in FY 2019). The decrease in margin was driven by lower revenue. 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 3% per year, which means it is well ahead of earnings.分析記事 • Apr 01Should You Buy TWOWAY Communications, Inc. (GTSM:8045) For Its Dividend?Is TWOWAY Communications, Inc. ( GTSM:8045 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Feb 20New 90-day high: NT$11.65The company is up 10.0% from its price of NT$10.55 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 13% over the same period.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$11.65, the stock is trading at a trailing P/E ratio of 49.2x, up from the previous P/E ratio of 41.8x. This compares to an average P/E of 23x in the Communications industry in Taiwan. Total return to shareholders over the past three years is a loss of 18%.分析記事 • Feb 03Here's What To Make Of TWOWAY Communications' (GTSM:8045) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Is New 90 Day High Low • Jan 28New 90-day low: NT$9.88The company is down 3.0% from its price of NT$10.15 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 23% over the same period.分析記事 • Dec 11Should TWOWAY Communications, Inc. (GTSM:8045) Be Part Of Your Income Portfolio?Today we'll take a closer look at TWOWAY Communications, Inc. ( GTSM:8045 ) from a dividend investor's perspective...Is New 90 Day High Low • Nov 14New 90-day high: NT$10.35The company is up 4.0% from its price of NT$10.00 on 14 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period.収支内訳TWOWAY Communications 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TWSE:8045 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Dec 251,1966126712430 Sep 251,3487528410230 Jun 251,3864326410331 Mar 251,4938728310631 Dec 241,73620229710530 Sep 242,28935732411530 Jun 242,68652538411631 Mar 242,74556538011231 Dec 232,32540835210430 Sep 231,6882333069830 Jun 231,166752679531 Mar 23909102529231 Dec 221,020622659730 Sep 221,052662489730 Jun 221,085692319731 Mar 221,130582269831 Dec 211,1744722110030 Sep 211,1954623510230 Jun 211,2174425010531 Mar 211,1383024610431 Dec 201,0591724310330 Sep 201,0831825610330 Jun 201,1061926810231 Mar 201,1884427810431 Dec 191,2706828810630 Sep 191,2718729211030 Jun 191,27110529611331 Mar 191,2619528911331 Dec 181,2518428111430 Sep 181,3097127811830 Jun 181,3665927412331 Mar 181,2493026412031 Dec 171,131125311730 Sep 17909-4024011130 Jun 17687-8122810431 Mar 17713-5522510331 Dec 16739-2822210130 Sep 168531921610030 Jun 16967672119831 Mar 161,121852329631 Dec 151,2751042539530 Sep 151,3241012558830 Jun 151,3739925782質の高い収益: 8045は 高品質の収益 を持っています。利益率の向上: 8045の現在の純利益率 (5.1%)は、昨年(11.6%)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: 8045の収益は過去 5 年間で年間27.6%増加しました。成長の加速: 8045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: 8045は過去 1 年間で収益成長率がマイナス ( -69.8% ) となったため、 Communications業界平均 ( -6.4% ) と比較することが困難です。株主資本利益率高いROE: 8045の 自己資本利益率 ( 3% ) 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 07:47終値2026/05/08 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TWOWAY Communications, 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Yiho LiuCapital Securities Corporation
Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$0.64 (down from NT$2.45 in FY 2024). Revenue: NT$1.20b (down 31% from FY 2024). Net income: NT$61.0m (down 70% from FY 2024). Profit margin: 5.1% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 29% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 11Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$0.40 (up from NT$0.073 in 3Q 2024). Revenue: NT$353.2m (down 9.6% from 3Q 2024). Net income: NT$37.6m (up NT$31.7m from 3Q 2024). Profit margin: 11% (up from 1.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 122%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 10Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.02 loss per share (down from NT$0.51 profit in 2Q 2024). Revenue: NT$335.2m (down 24% from 2Q 2024). Net loss: NT$2.22m (down 105% from profit in 2Q 2024). Revenue missed analyst estimates by 64%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 04First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$0.06 (down from NT$1.48 in 1Q 2024). Revenue: NT$310.8m (down 44% from 1Q 2024). Net income: NT$5.41m (down 96% from 1Q 2024). Profit margin: 1.7% (down from 22% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 53%. Earnings per share (EPS) also missed analyst estimates by 92%. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 18TWOWAY Communications, Inc. to Report Q1, 2025 Results on Apr 28, 2025TWOWAY Communications, Inc. announced that they will report Q1, 2025 results on Apr 28, 2025
分析記事 • Mar 18We Think That There Are More Issues For TWOWAY Communications (TWSE:8045) Than Just Sluggish EarningsThe market wasn't impressed with the soft earnings from TWOWAY Communications, Inc. ( TWSE:8045 ) recently. We did some...
Declared Dividend • May 08Dividend reduced to NT$1.00Dividend of NT$1.00 is 49% lower than last year. Ex-date: 29th June 2026 Payment date: 24th July 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control, which is more than the 25% EPS growth achieved over the last 5 years.
Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$0.64 (down from NT$2.45 in FY 2024). Revenue: NT$1.20b (down 31% from FY 2024). Net income: NT$61.0m (down 70% from FY 2024). Profit margin: 5.1% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 29% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings.
お知らせ • Mar 12TWOWAY Communications, Inc., Annual General Meeting, Jun 01, 2026TWOWAY Communications, Inc., Annual General Meeting, Jun 01, 2026. Location: no,41, wu kung 6th rd., new taipei city Taiwan
New Risk • Jan 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 6.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 241% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (5.6% net profit margin).
Reported Earnings • Nov 11Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$0.40 (up from NT$0.073 in 3Q 2024). Revenue: NT$353.2m (down 9.6% from 3Q 2024). Net income: NT$37.6m (up NT$31.7m from 3Q 2024). Profit margin: 11% (up from 1.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 122%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 10Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.02 loss per share (down from NT$0.51 profit in 2Q 2024). Revenue: NT$335.2m (down 24% from 2Q 2024). Net loss: NT$2.22m (down 105% from profit in 2Q 2024). Revenue missed analyst estimates by 64%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Ching-Sung Wu was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jun 26Upcoming dividend of NT$1.97 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 25 July 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.4%).
New Risk • Jun 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 194% Paying a dividend despite having no free cash flows. High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (5.8% net profit margin). Shareholders have been diluted in the past year (15% increase in shares outstanding).
Reported Earnings • May 04First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$0.06 (down from NT$1.48 in 1Q 2024). Revenue: NT$310.8m (down 44% from 1Q 2024). Net income: NT$5.41m (down 96% from 1Q 2024). Profit margin: 1.7% (down from 22% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 53%. Earnings per share (EPS) also missed analyst estimates by 92%. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 30Dividend reduced to NT$1.97Dividend of NT$1.97 is 56% lower than last year. Ex-date: 3rd July 2025 Payment date: 25th July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 39% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 126% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 18TWOWAY Communications, Inc. to Report Q1, 2025 Results on Apr 28, 2025TWOWAY Communications, Inc. announced that they will report Q1, 2025 results on Apr 28, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$96.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Communications industry in Taiwan. Total returns to shareholders of 795% over the past three years.
分析記事 • Mar 18We Think That There Are More Issues For TWOWAY Communications (TWSE:8045) Than Just Sluggish EarningsThe market wasn't impressed with the soft earnings from TWOWAY Communications, Inc. ( TWSE:8045 ) recently. We did some...
Reported Earnings • Mar 14Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: NT$2.45 (down from NT$5.00 in FY 2023). Revenue: NT$1.74b (down 25% from FY 2023). Net income: NT$201.7m (down 51% from FY 2023). Profit margin: 12% (down from 18% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 126% per year, which means it is tracking significantly ahead of earnings growth.
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$117, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 923% over the past three years.
お知らせ • Mar 06TWOWAY Communications, Inc., Annual General Meeting, Jun 12, 2025TWOWAY Communications, Inc., Annual General Meeting, Jun 12, 2025. Location: no,41, wu kung 6th rd., new taipei city Taiwan
お知らせ • Feb 26TWOWAY Communications, Inc. to Report Fiscal Year 2024 Results on Mar 05, 2025TWOWAY Communications, Inc. announced that they will report fiscal year 2024 results on Mar 05, 2025
分析記事 • Feb 10Earnings Tell The Story For TWOWAY Communications, Inc. (TWSE:8045) As Its Stock Soars 25%Despite an already strong run, TWOWAY Communications, Inc. ( TWSE:8045 ) shares have been powering on, with a gain of...
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$137, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 1,070% over the past three years.
お知らせ • Jan 26Twoway Communications, Inc. Announces Resignation of Li,Siao-De as Corporate Governance OfficerTWOWAY Communications, Inc. announced the resignation of Li,Siao-de,corporate governance officer. Effective date of resignation of January 24, 2025.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$113, the stock trades at a trailing P/E ratio of 25.8x. Average forward P/E is 18x in the Communications industry in Taiwan. Total returns to shareholders of 877% over the past three years.
分析記事 • Jan 03Is Now The Time To Put TWOWAY Communications (TWSE:8045) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$78.30, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 549% over the past three years.
New Risk • Dec 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 150%
Buy Or Sell Opportunity • Dec 17Now 22% overvaluedOver the last 90 days, the stock has fallen 45% to NT$66.00. The fair value is estimated to be NT$54.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 87%.
分析記事 • Dec 12Positive Sentiment Still Eludes TWOWAY Communications, Inc. (TWSE:8045) Following 30% Share Price SlumpTo the annoyance of some shareholders, TWOWAY Communications, Inc. ( TWSE:8045 ) shares are down a considerable 30% in...
お知らせ • Dec 12TWOWAY Communications, Inc. has completed a Follow-on Equity Offering in the amount of TWD 524.4624 million.TWOWAY Communications, Inc. has completed a Follow-on Equity Offering in the amount of TWD 524.4624 million. Security Name: Shares Security Type: Common Stock Securities Offered: 7,623,000 Price\Range: TWD 68.8
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$69.70, the stock trades at a trailing P/E ratio of 15.9x. Average forward P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 469% over the past three years.
お知らせ • Nov 22TWOWAY Communications, Inc. has filed a Follow-on Equity Offering.TWOWAY Communications, Inc. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 7,623,000 Price(minimum): TWD 59.31
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.07 (vs NT$2.23 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.07 (down from NT$2.23 in 3Q 2023). Revenue: NT$390.7m (down 54% from 3Q 2023). Net income: NT$5.91m (down 97% from 3Q 2023). Profit margin: 1.5% (down from 22% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 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 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$90.00, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 30x in the Communications industry in Taiwan. Total returns to shareholders of 762% over the past three years.
Buy Or Sell Opportunity • Aug 30Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to NT$118. The fair value is estimated to be NT$96.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 96%.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.50 (vs NT$1.00 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.50 (down from NT$1.00 in 2Q 2023). Revenue: NT$441.9m (down 12% from 2Q 2023). Net income: NT$41.2m (down 49% from 2Q 2023). Profit margin: 9.3% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 18Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Upcoming Dividend • Jun 18Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • Jun 14First quarter 2024 earnings released: EPS: NT$1.48 (vs NT$0.45 loss in 1Q 2023)First quarter 2024 results: EPS: NT$1.48 (up from NT$0.45 loss in 1Q 2023). Revenue: NT$554.3m (up 312% from 1Q 2023). Net income: NT$120.4m (up NT$156.8m from 1Q 2023). Profit margin: 22% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 131% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$132, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 29x in the Communications industry in Taiwan. Total returns to shareholders of 1,100% over the past three years.
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: NT$5.00 (vs NT$0.76 in FY 2022)Full year 2023 results: EPS: NT$5.00 (up from NT$0.76 in FY 2022). Revenue: NT$2.33b (up 128% from FY 2022). Net income: NT$407.9m (up NT$345.7m from FY 2022). Profit margin: 18% (up from 6.1% 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 84% per year but the company’s share price has increased by 129% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 02TWOWAY Communications, Inc., Annual General Meeting, Jun 18, 2024TWOWAY Communications, Inc., Annual General Meeting, Jun 18, 2024.
New Risk • Feb 28New 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 (9.0% average weekly change). Earnings have declined by 5.4% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
New Risk • Feb 01New 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 7.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.1% average weekly change). Earnings have declined by 5.4% per year over the past 5 years.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$69.10, the stock trades at a trailing P/E ratio of 75.5x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 701% over the past three years.
Reported Earnings • Aug 14First half 2023 earnings released: EPS: NT$0.55 (vs NT$0.40 in 1H 2022)First half 2023 results: EPS: NT$0.55 (up from NT$0.40 in 1H 2022). Revenue: NT$635.6m (up 30% from 1H 2022). Net income: NT$44.8m (up 38% from 1H 2022). Profit margin: 7.0% (up from 6.6% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 13Upcoming dividend of NT$0.70 per share at 2.1% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 26 July 2023. Payout ratio is on the higher end at 92%, however this is supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$34.40, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 257% over the past three years.
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$28.95, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 199% over the past three years.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$21.30, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 157% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 39%After last week's 39% share price gain to NT$22.20, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 200% over the past three years.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$15.85, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 17x in the Communications industry in Taiwan. Total returns to shareholders of 136% over the past three years.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$13.75, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 16x in the Communications industry in Taiwan. Total returns to shareholders of 38% over the past three years.
Reported Earnings • Aug 16First half 2022 earnings released: EPS: NT$0.40 (vs NT$0.13 in 1H 2021)First half 2022 results: EPS: NT$0.40 (up from NT$0.13 in 1H 2021). Revenue: NT$489.7m (down 16% from 1H 2021). Net income: NT$32.4m (up 211% from 1H 2021). Profit margin: 6.6% (up from 1.8% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 16Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 26 July 2022. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 02Full year 2021 earnings released: EPS: NT$0.58 (vs NT$0.21 in FY 2020)Full year 2021 results: EPS: NT$0.58 (up from NT$0.21 in FY 2020). Revenue: NT$1.17b (up 11% from FY 2020). Net income: NT$47.4m (up 180% from FY 2020). Profit margin: 4.0% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Apr 10TWOWAY Communications, Inc., Annual General Meeting, Jun 21, 2022TWOWAY Communications, Inc., Annual General Meeting, Jun 21, 2022.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$13.50, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 24x in the Communications industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$0.13 (vs NT$0.20 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$579.5m (up 37% from 1H 2020). Net income: NT$10.4m (up NT$26.8m from 1H 2020). Profit margin: 1.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 31 August 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).
Reported Earnings • Apr 30Full year 2020 earnings released: EPS NT$0.21 (vs NT$0.83 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.06b (down 17% from FY 2019). Net income: NT$16.9m (down 75% from FY 2019). Profit margin: 1.6% (down from 5.3% in FY 2019). The decrease in margin was driven by lower revenue. 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 3% per year, which means it is well ahead of earnings.
分析記事 • Apr 01Should You Buy TWOWAY Communications, Inc. (GTSM:8045) For Its Dividend?Is TWOWAY Communications, Inc. ( GTSM:8045 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Feb 20New 90-day high: NT$11.65The company is up 10.0% from its price of NT$10.55 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 13% over the same period.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$11.65, the stock is trading at a trailing P/E ratio of 49.2x, up from the previous P/E ratio of 41.8x. This compares to an average P/E of 23x in the Communications industry in Taiwan. Total return to shareholders over the past three years is a loss of 18%.
分析記事 • Feb 03Here's What To Make Of TWOWAY Communications' (GTSM:8045) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Is New 90 Day High Low • Jan 28New 90-day low: NT$9.88The company is down 3.0% from its price of NT$10.15 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 23% over the same period.
分析記事 • Dec 11Should TWOWAY Communications, Inc. (GTSM:8045) Be Part Of Your Income Portfolio?Today we'll take a closer look at TWOWAY Communications, Inc. ( GTSM:8045 ) from a dividend investor's perspective...
Is New 90 Day High Low • Nov 14New 90-day high: NT$10.35The company is up 4.0% from its price of NT$10.00 on 14 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period.