View Financial HealthTrusval Technology 배당 및 자사주 매입배당 기준 점검 3/6Trusval Technology 수익으로 충분히 충당되는 현재 수익률 4.8% 보유한 배당금 지급 회사입니다.핵심 정보4.8%배당 수익률-3.9%자사주 매입 수익률총 주주 수익률0.9%미래 배당 수익률n/a배당 성장률21.3%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향83%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jun 16Upcoming dividend of NT$11.71 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 09 July 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 75% respectively. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (1.7%).Declared Dividend • Jun 01Dividend increased to NT$11.71Dividend of NT$11.71 is 37% higher than last year. Ex-date: 23rd June 2026 Payment date: 9th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • Jun 14Dividend increased to NT$8.55Dividend of NT$8.55 is 32% higher than last year. Ex-date: 27th June 2025 Payment date: 17th July 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 20Upcoming dividend of NT$6.46 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Upcoming Dividend • Jun 08Upcoming dividend of NT$4.24 per share at 5.3% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Upcoming Dividend • Jun 28Upcoming dividend of NT$2.94 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).모든 업데이트 보기Recent updatesUpcoming Dividend • Jun 16Upcoming dividend of NT$11.71 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 09 July 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 75% respectively. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (1.7%).Declared Dividend • Jun 01Dividend increased to NT$11.71Dividend of NT$11.71 is 37% higher than last year. Ex-date: 23rd June 2026 Payment date: 9th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$3.00 (vs NT$3.34 in 1Q 2025)First quarter 2026 results: EPS: NT$3.00. Revenue: NT$1.54b (up 14% from 1Q 2025). Net income: NT$179.0m (up 16% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$13.77 (vs NT$9.69 in FY 2024)Full year 2025 results: EPS: NT$13.77 (up from NT$9.69 in FY 2024). Revenue: NT$6.35b (up 75% from FY 2024). Net income: NT$653.9m (up 49% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.공고 • Mar 09Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: no,66, you yih rd., jhunan township, miaoli county TaiwanReported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.20 (up from NT$2.70 in 3Q 2024). Revenue: NT$1.66b (up 45% from 3Q 2024). Net income: NT$154.6m (up 25% from 3Q 2024). Profit margin: 9.3% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$301, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 377% over the past three years.Reported Earnings • Aug 17Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$3.42 (up from NT$2.16 in 2Q 2024). Revenue: NT$1.64b (up 108% from 2Q 2024). Net income: NT$158.0m (up 64% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$275, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 364% over the past three years.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$255, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 357% over the past three years.Declared Dividend • Jun 14Dividend increased to NT$8.55Dividend of NT$8.55 is 32% higher than last year. Ex-date: 27th June 2025 Payment date: 17th July 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$3.34 (vs NT$1.86 in 1Q 2024)First quarter 2025 results: EPS: NT$3.34 (up from NT$1.86 in 1Q 2024). Revenue: NT$1.35b (up 111% from 1Q 2024). Net income: NT$154.3m (up 85% from 1Q 2024). Profit margin: 11% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$203, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 205% over the past three years.Buy Or Sell Opportunity • Apr 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to NT$177. The fair value is estimated to be NT$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 33%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$167, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 139% over the past three years.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$9.69 (vs NT$7.17 in FY 2023)Full year 2024 results: EPS: NT$9.69 (up from NT$7.17 in FY 2023). Revenue: NT$3.63b (up 50% from FY 2023). Net income: NT$439.6m (up 37% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 34% per year.공고 • Mar 12Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025, at 10:00 Taipei Standard Time. Location: no,66, you yih rd., jhunan township, miaoli county TaiwanNew Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$2.70 (up from NT$2.61 in 3Q 2023). Revenue: NT$1.15b (up 74% from 3Q 2023). Net income: NT$123.3m (up 5.4% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Machinery industry in Taiwan are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Sep 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$236, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Machinery industry in Taiwan. Total returns to shareholders of 338% over the past three years.Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$2.16 (up from NT$1.60 in 2Q 2023). Revenue: NT$788.7m (up 28% from 2Q 2023). Net income: NT$96.7m (up 35% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 41% per year.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$157, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Machinery industry in Taiwan. Total returns to shareholders of 192% over the past three years.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$218, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 309% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of NT$6.46 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.36 in 1Q 2023)First quarter 2024 results: EPS: NT$1.86 (up from NT$1.36 in 1Q 2023). Revenue: NT$641.5m (up 20% from 1Q 2023). Net income: NT$83.4m (up 37% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 45% per year.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$174, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 195% over the past three years.Buy Or Sell Opportunity • Mar 14Now 24% undervaluedOver the last 90 days, the stock has risen 71% to NT$149. The fair value is estimated to be NT$195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%.공고 • Mar 14Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024.Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$7.17 (vs NT$5.11 in FY 2022)Full year 2023 results: EPS: NT$7.17 (up from NT$5.11 in FY 2022). Revenue: NT$2.41b (down 2.2% from FY 2022). Net income: NT$321.3m (up 52% from FY 2022). Profit margin: 13% (up from 8.6% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$146, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 150% over the past three years.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 79% over the past three years.New Risk • Nov 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$92.40, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$2.61 (vs NT$1.57 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.61 (up from NT$1.57 in 3Q 2022). Revenue: NT$660.0m (down 13% from 3Q 2022). Net income: NT$117.0m (up 82% from 3Q 2022). Profit margin: 18% (up from 8.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$1.60 (vs NT$1.48 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.60 (up from NT$1.48 in 2Q 2022). Revenue: NT$616.1m (up 5.2% from 2Q 2022). Net income: NT$71.8m (up 22% from 2Q 2022). Profit margin: 12% (up from 10% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 08Upcoming dividend of NT$4.24 per share at 5.3% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Price Target Changed • Nov 16Price target decreased to NT$85.00Down from NT$120, the current price target is provided by 1 analyst. New target price is 38% above last closing price of NT$61.40. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$1.57 (up from NT$0.85 in 3Q 2021). Revenue: NT$757.1m (up 67% from 3Q 2021). Net income: NT$64.4m (up 91% from 3Q 2021). Profit margin: 8.5% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$75.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.Buying Opportunity • Sep 28Now 20% undervaluedOver the last 90 days, the stock is up 7.4%. The fair value is estimated to be NT$82.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 169% over the past three years.Price Target Changed • Aug 17Price target decreased to NT$110Down from NT$120, the current price target is provided by 1 analyst. New target price is 46% above last closing price of NT$75.40. Stock is up 21% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.Reported Earnings • Aug 15Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$1.48 (up from NT$1.05 in 2Q 2021). Revenue: NT$585.9m (up 40% from 2Q 2021). Net income: NT$58.9m (up 41% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 30%, compared to a 7.9% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year.Upcoming Dividend • Jun 28Upcoming dividend of NT$2.94 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).Price Target Changed • Apr 27Price target increased to NT$120Up from NT$110, the current price target is provided by 1 analyst. New target price is 51% above last closing price of NT$79.70. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of NT$5.42 for next year compared to NT$3.27 last year.Reported Earnings • Mar 29Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.27 (up from NT$2.04 in FY 2020). Revenue: NT$1.76b (up 36% from FY 2020). Net income: NT$130.1m (up 77% from FY 2020). Profit margin: 7.4% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 38%, compared to a 15% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.공고 • Mar 23Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$96.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 185% over the past three years.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.85 (vs NT$1.04 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$453.2m (up 53% from 3Q 2020). Net income: NT$33.7m (down 8.6% from 3Q 2020). Profit margin: 7.4% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$1.28 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$419.0m (up 21% from 2Q 2020). Net income: NT$41.7m (down 7.8% from 2Q 2020). Profit margin: 9.9% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 19Upcoming dividend of NT$1.66 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 11 August 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$76.60, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 75% over the past three years.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$60.20, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$79.20, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 105% over the past three years.분석 기사 • Apr 05Is Trusval Technology (GTSM:6667) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$2.04 (vs NT$1.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.30b (up 4.1% from FY 2019). Net income: NT$73.6m (up 84% from FY 2019). Profit margin: 5.7% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.분석 기사 • Mar 19Does Trusval Technology Co., Ltd. (GTSM:6667) Have A Place In Your Dividend Stock Portfolio?Could Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...Is New 90 Day High Low • Feb 26New 90-day high: NT$71.90The company is up 7.0% from its price of NT$66.90 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.분석 기사 • Feb 18Is Trusval Technology Co., Ltd.'s (GTSM:6667) Recent Price Movement Underpinned By Its Weak Fundamentals?It is hard to get excited after looking at Trusval Technology's (GTSM:6667) recent performance, when its stock has...분석 기사 • Feb 03Shareholders Of Trusval Technology (GTSM:6667) Must Be Happy With Their 59% ReturnLow-cost index funds make it easy to achieve average market returns. But if you invest in individual stocks, some are...Is New 90 Day High Low • Feb 02New 90-day low: NT$59.20The company is down 2.0% from its price of NT$60.20 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.분석 기사 • Jan 20The Trends At Trusval Technology (GTSM:6667) That You Should Know AboutDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...분석 기사 • Dec 31We Think Trusval Technology (GTSM:6667) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Dec 16Factors Income Investors Should Consider Before Adding Trusval Technology Co., Ltd. (GTSM:6667) To Their PortfolioCould Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...Is New 90 Day High Low • Dec 03New 90-day high: NT$69.20The company is up 16% from its price of NT$59.90 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period.분석 기사 • Dec 01Does Trusval Technology's (GTSM:6667) Statutory Profit Adequately Reflect Its Underlying Profit?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.04The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$295.9m (down 16% from 3Q 2019). Net income: NT$36.9m (up 68% from 3Q 2019). Profit margin: 13% (up from 6.3% in 3Q 2019). The increase in margin was driven by lower expenses.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6667 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 6667 의 배당금 지급이 증가했지만 회사는 8 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Trusval Technology 배당 수익률 vs 시장6667의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6667)4.8%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.0%업계 평균 (Machinery)1.8%분석가 예측 (6667) (최대 3년)n/a주목할만한 배당금: 6667 의 배당금( 4.8% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.53% )보다 높습니다.고배당: 6667 의 배당금( 4.8% )은 TW 시장에서 배당금 지급자의 상위 25%( 5.04% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 83.3% )에서 6667 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현재 현금 지급 비율 ( 75.1% )에서 6667 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/22 01:21종가2026/07/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Trusval Technology Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Licheng ZhuangCapital Securities CorporationKan-Chi LeeYuanta Research
Upcoming Dividend • Jun 16Upcoming dividend of NT$11.71 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 09 July 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 75% respectively. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (1.7%).
Declared Dividend • Jun 01Dividend increased to NT$11.71Dividend of NT$11.71 is 37% higher than last year. Ex-date: 23rd June 2026 Payment date: 9th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Jun 14Dividend increased to NT$8.55Dividend of NT$8.55 is 32% higher than last year. Ex-date: 27th June 2025 Payment date: 17th July 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 20Upcoming dividend of NT$6.46 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Upcoming Dividend • Jun 08Upcoming dividend of NT$4.24 per share at 5.3% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Upcoming Dividend • Jun 28Upcoming dividend of NT$2.94 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).
Upcoming Dividend • Jun 16Upcoming dividend of NT$11.71 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 09 July 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 75% respectively. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (1.7%).
Declared Dividend • Jun 01Dividend increased to NT$11.71Dividend of NT$11.71 is 37% higher than last year. Ex-date: 23rd June 2026 Payment date: 9th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$3.00 (vs NT$3.34 in 1Q 2025)First quarter 2026 results: EPS: NT$3.00. Revenue: NT$1.54b (up 14% from 1Q 2025). Net income: NT$179.0m (up 16% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$13.77 (vs NT$9.69 in FY 2024)Full year 2025 results: EPS: NT$13.77 (up from NT$9.69 in FY 2024). Revenue: NT$6.35b (up 75% from FY 2024). Net income: NT$653.9m (up 49% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Mar 09Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026Trusval Technology Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: no,66, you yih rd., jhunan township, miaoli county Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.20 (up from NT$2.70 in 3Q 2024). Revenue: NT$1.66b (up 45% from 3Q 2024). Net income: NT$154.6m (up 25% from 3Q 2024). Profit margin: 9.3% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$301, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 377% over the past three years.
Reported Earnings • Aug 17Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$3.42 (up from NT$2.16 in 2Q 2024). Revenue: NT$1.64b (up 108% from 2Q 2024). Net income: NT$158.0m (up 64% from 2Q 2024). Profit margin: 9.6% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$275, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 364% over the past three years.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$255, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 357% over the past three years.
Declared Dividend • Jun 14Dividend increased to NT$8.55Dividend of NT$8.55 is 32% higher than last year. Ex-date: 27th June 2025 Payment date: 17th July 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$3.34 (vs NT$1.86 in 1Q 2024)First quarter 2025 results: EPS: NT$3.34 (up from NT$1.86 in 1Q 2024). Revenue: NT$1.35b (up 111% from 1Q 2024). Net income: NT$154.3m (up 85% from 1Q 2024). Profit margin: 11% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$203, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 205% over the past three years.
Buy Or Sell Opportunity • Apr 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to NT$177. The fair value is estimated to be NT$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 33%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$167, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 139% over the past three years.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$9.69 (vs NT$7.17 in FY 2023)Full year 2024 results: EPS: NT$9.69 (up from NT$7.17 in FY 2023). Revenue: NT$3.63b (up 50% from FY 2023). Net income: NT$439.6m (up 37% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 34% per year.
공고 • Mar 12Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025Trusval Technology Co., Ltd., Annual General Meeting, Jun 05, 2025, at 10:00 Taipei Standard Time. Location: no,66, you yih rd., jhunan township, miaoli county Taiwan
New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$2.70 (up from NT$2.61 in 3Q 2023). Revenue: NT$1.15b (up 74% from 3Q 2023). Net income: NT$123.3m (up 5.4% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Machinery industry in Taiwan are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Sep 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$236, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Machinery industry in Taiwan. Total returns to shareholders of 338% over the past three years.
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$2.16 (up from NT$1.60 in 2Q 2023). Revenue: NT$788.7m (up 28% from 2Q 2023). Net income: NT$96.7m (up 35% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 41% per year.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$157, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Machinery industry in Taiwan. Total returns to shareholders of 192% over the past three years.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$218, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 309% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of NT$6.46 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.36 in 1Q 2023)First quarter 2024 results: EPS: NT$1.86 (up from NT$1.36 in 1Q 2023). Revenue: NT$641.5m (up 20% from 1Q 2023). Net income: NT$83.4m (up 37% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 45% per year.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$174, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 195% over the past three years.
Buy Or Sell Opportunity • Mar 14Now 24% undervaluedOver the last 90 days, the stock has risen 71% to NT$149. The fair value is estimated to be NT$195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%.
공고 • Mar 14Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Trusval Technology Co., Ltd., Annual General Meeting, Jun 12, 2024.
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$7.17 (vs NT$5.11 in FY 2022)Full year 2023 results: EPS: NT$7.17 (up from NT$5.11 in FY 2022). Revenue: NT$2.41b (down 2.2% from FY 2022). Net income: NT$321.3m (up 52% from FY 2022). Profit margin: 13% (up from 8.6% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$146, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 150% over the past three years.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 79% over the past three years.
New Risk • Nov 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$92.40, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$2.61 (vs NT$1.57 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.61 (up from NT$1.57 in 3Q 2022). Revenue: NT$660.0m (down 13% from 3Q 2022). Net income: NT$117.0m (up 82% from 3Q 2022). Profit margin: 18% (up from 8.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$1.60 (vs NT$1.48 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.60 (up from NT$1.48 in 2Q 2022). Revenue: NT$616.1m (up 5.2% from 2Q 2022). Net income: NT$71.8m (up 22% from 2Q 2022). Profit margin: 12% (up from 10% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 08Upcoming dividend of NT$4.24 per share at 5.3% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Price Target Changed • Nov 16Price target decreased to NT$85.00Down from NT$120, the current price target is provided by 1 analyst. New target price is 38% above last closing price of NT$61.40. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$1.57 (up from NT$0.85 in 3Q 2021). Revenue: NT$757.1m (up 67% from 3Q 2021). Net income: NT$64.4m (up 91% from 3Q 2021). Profit margin: 8.5% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$75.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.
Buying Opportunity • Sep 28Now 20% undervaluedOver the last 90 days, the stock is up 7.4%. The fair value is estimated to be NT$82.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 73% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 169% over the past three years.
Price Target Changed • Aug 17Price target decreased to NT$110Down from NT$120, the current price target is provided by 1 analyst. New target price is 46% above last closing price of NT$75.40. Stock is up 21% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$3.27 last year.
Reported Earnings • Aug 15Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$1.48 (up from NT$1.05 in 2Q 2021). Revenue: NT$585.9m (up 40% from 2Q 2021). Net income: NT$58.9m (up 41% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 30%, compared to a 7.9% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year.
Upcoming Dividend • Jun 28Upcoming dividend of NT$2.94 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).
Price Target Changed • Apr 27Price target increased to NT$120Up from NT$110, the current price target is provided by 1 analyst. New target price is 51% above last closing price of NT$79.70. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of NT$5.42 for next year compared to NT$3.27 last year.
Reported Earnings • Mar 29Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.27 (up from NT$2.04 in FY 2020). Revenue: NT$1.76b (up 36% from FY 2020). Net income: NT$130.1m (up 77% from FY 2020). Profit margin: 7.4% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 38%, compared to a 15% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Mar 23Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022Trusval Technology Co., Ltd., Annual General Meeting, Jun 15, 2022.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$96.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 185% over the past three years.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.85 (vs NT$1.04 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$453.2m (up 53% from 3Q 2020). Net income: NT$33.7m (down 8.6% from 3Q 2020). Profit margin: 7.4% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$1.28 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$419.0m (up 21% from 2Q 2020). Net income: NT$41.7m (down 7.8% from 2Q 2020). Profit margin: 9.9% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 19Upcoming dividend of NT$1.66 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 11 August 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$76.60, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 75% over the past three years.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$60.20, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$79.20, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 105% over the past three years.
분석 기사 • Apr 05Is Trusval Technology (GTSM:6667) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$2.04 (vs NT$1.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.30b (up 4.1% from FY 2019). Net income: NT$73.6m (up 84% from FY 2019). Profit margin: 5.7% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
분석 기사 • Mar 19Does Trusval Technology Co., Ltd. (GTSM:6667) Have A Place In Your Dividend Stock Portfolio?Could Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...
Is New 90 Day High Low • Feb 26New 90-day high: NT$71.90The company is up 7.0% from its price of NT$66.90 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.
분석 기사 • Feb 18Is Trusval Technology Co., Ltd.'s (GTSM:6667) Recent Price Movement Underpinned By Its Weak Fundamentals?It is hard to get excited after looking at Trusval Technology's (GTSM:6667) recent performance, when its stock has...
분석 기사 • Feb 03Shareholders Of Trusval Technology (GTSM:6667) Must Be Happy With Their 59% ReturnLow-cost index funds make it easy to achieve average market returns. But if you invest in individual stocks, some are...
Is New 90 Day High Low • Feb 02New 90-day low: NT$59.20The company is down 2.0% from its price of NT$60.20 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.
분석 기사 • Jan 20The Trends At Trusval Technology (GTSM:6667) That You Should Know AboutDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
분석 기사 • Dec 31We Think Trusval Technology (GTSM:6667) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Dec 16Factors Income Investors Should Consider Before Adding Trusval Technology Co., Ltd. (GTSM:6667) To Their PortfolioCould Trusval Technology Co., Ltd. ( GTSM:6667 ) be an attractive dividend share to own for the long haul? Investors...
Is New 90 Day High Low • Dec 03New 90-day high: NT$69.20The company is up 16% from its price of NT$59.90 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period.
분석 기사 • Dec 01Does Trusval Technology's (GTSM:6667) Statutory Profit Adequately Reflect Its Underlying Profit?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.04The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$295.9m (down 16% from 3Q 2019). Net income: NT$36.9m (up 68% from 3Q 2019). Profit margin: 13% (up from 6.3% in 3Q 2019). The increase in margin was driven by lower expenses.