View Future GrowthTeam Group 과거 순이익 실적과거 기준 점검 4/6Team Group은 연평균 65%의 비율로 수입이 증가해 온 반면, Semiconductor 산업은 수입이 4% 감소했습니다. 매출은 연평균 27.3%의 비율로 증가했습니다. Team Group의 자기자본이익률은 46.8%이고 순이익률은 13.8%입니다.핵심 정보65.02%순이익 성장률58.36%주당순이익(EPS) 성장률Semiconductor 산업 성장률19.89%매출 성장률27.32%자기자본이익률46.78%순이익률13.76%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$27.00 (vs NT$0.99 in 1Q 2025)First quarter 2026 results: EPS: NT$27.00 (up from NT$0.99 in 1Q 2025). Revenue: NT$9.04b (up 69% from 1Q 2025). Net income: NT$2.29b (up NT$2.21b from 1Q 2025). Profit margin: 25% (up from 1.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: NT$0.13 (down from NT$1.85 in 2Q 2024). Revenue: NT$4.57b (down 39% from 2Q 2024). Net income: NT$10.9m (down 92% from 2Q 2024). Profit margin: 0.2% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 78%. Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.00 (vs NT$4.10 in 1Q 2024)First quarter 2025 results: EPS: NT$1.00 (down from NT$4.10 in 1Q 2024). Revenue: NT$5.35b (up 79% from 1Q 2024). Net income: NT$84.6m (down 71% from 1Q 2024). Profit margin: 1.6% (down from 9.6% 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 105% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.공고 • May 01Team Group Inc. to Report Q1, 2025 Results on May 07, 2025Team Group Inc. announced that they will report Q1, 2025 results on May 07, 2025Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$6.80 (vs NT$3.38 in FY 2023)Full year 2024 results: EPS: NT$6.80 (up from NT$3.38 in FY 2023). Revenue: NT$19.9b (up 20% from FY 2023). Net income: NT$527.4m (up 123% from FY 2023). Profit margin: 2.6% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • Feb 20Team Group Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Team Group Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025모든 업데이트 보기Recent updatesReported Earnings • May 06First quarter 2026 earnings released: EPS: NT$27.00 (vs NT$0.99 in 1Q 2025)First quarter 2026 results: EPS: NT$27.00 (up from NT$0.99 in 1Q 2025). Revenue: NT$9.04b (up 69% from 1Q 2025). Net income: NT$2.29b (up NT$2.21b from 1Q 2025). Profit margin: 25% (up from 1.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$262, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 308% over the past three years.New Risk • Mar 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (95% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 44%After last week's 44% share price gain to NT$271, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total returns to shareholders of 327% over the past three years.New Risk • Mar 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (97% accrual ratio).Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$180, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 203% over the past three years.공고 • Feb 26Team Group Inc., Annual General Meeting, May 15, 2026Team Group Inc., Annual General Meeting, May 15, 2026. Location: 4 floor building. f no,166, chien i rd., jhonghe district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$210, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 546% over the past three years.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$153, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 434% over the past three years.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (99% payout ratio). Profit margins are more than 30% lower than last year (1.5% net profit margin).New Risk • Oct 08New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 125% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin).Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$109, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 270% over the past three years.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$88.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 147% over the past three years.Declared Dividend • Sep 15Dividend of NT$3.00 announcedShareholders will receive a dividend of NT$3.00. Ex-date: 2nd October 2025 Payment date: 31st October 2025 Dividend yield will be 3.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (125% 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 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. EPS is expected to grow by 14% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: NT$0.13 (down from NT$1.85 in 2Q 2024). Revenue: NT$4.57b (down 39% from 2Q 2024). Net income: NT$10.9m (down 92% from 2Q 2024). Profit margin: 0.2% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 78%. Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.New Risk • Jun 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.00 (vs NT$4.10 in 1Q 2024)First quarter 2025 results: EPS: NT$1.00 (down from NT$4.10 in 1Q 2024). Revenue: NT$5.35b (up 79% from 1Q 2024). Net income: NT$84.6m (down 71% from 1Q 2024). Profit margin: 1.6% (down from 9.6% 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 105% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.공고 • May 01Team Group Inc. to Report Q1, 2025 Results on May 07, 2025Team Group Inc. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$67.60, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 48% over the past three years.New Risk • Apr 07New 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 6.7% 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 (6.7% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$6.80 (vs NT$3.38 in FY 2023)Full year 2024 results: EPS: NT$6.80 (up from NT$3.38 in FY 2023). Revenue: NT$19.9b (up 20% from FY 2023). Net income: NT$527.4m (up 123% from FY 2023). Profit margin: 2.6% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • Mar 03Team Group Inc., Annual General Meeting, May 29, 2025Team Group Inc., Annual General Meeting, May 29, 2025. Location: 4 floor building. f no,166, chien i rd., jhonghe district, new taipei city Taiwan공고 • Feb 28Team Group Inc. Approves Cash Dividend for the Year 2024The board of directors of Team Group Inc. on February 27, 2025, approved to distributed cash dividends from capital surplus. Cash distributed from legal reserve and capital surplus to shareholders: TWD 3 per share for the year 2024. Total amount of cash distributed to shareholders: TWD 254,889,864. Period which dividends belong to: January 1, 2024 to December 31, 2024.공고 • Feb 20Team Group Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Team Group Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025분석 기사 • Feb 10Here's Why Team Group (TWSE:4967) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$86.30, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 67% over the past three years.분석 기사 • Dec 11Returns on Capital Paint A Bright Future For Team Group (TWSE:4967)What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...분석 기사 • Nov 19There May Be Underlying Issues With The Quality Of Team Group's (TWSE:4967) EarningsTeam Group Inc.'s ( TWSE:4967 ) stock was strong after they recently reported robust earnings. However, we think that...Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$1.73 (up from NT$0.54 in 3Q 2023). Revenue: NT$6.20b (up 70% from 3Q 2023). Net income: NT$144.9m (up 283% from 3Q 2023). Profit margin: 2.3% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 96%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 17%. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Nov 08New 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 Earnings are forecast to decline by an average of 28% per year for the foreseeable future. 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 (6.4% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding).공고 • Oct 30Team Group Inc. to Report Q3, 2024 Results on Nov 07, 2024Team Group Inc. announced that they will report Q3, 2024 results on Nov 07, 2024Upcoming Dividend • Sep 25Upcoming dividend of NT$1.65 per shareEligible shareholders must have bought the stock before 02 October 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.1%).Declared Dividend • Sep 05Dividend of NT$1.65 announcedShareholders will receive a dividend of NT$1.65. Ex-date: 2nd October 2024 Payment date: 30th October 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 29% over the next year. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.New Risk • Aug 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 Risk Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding).Reported Earnings • Aug 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$1.85 (up from NT$0.49 in 2Q 2023). Revenue: NT$7.48b (up 32% from 2Q 2023). Net income: NT$131.4m (up 280% from 2Q 2023). Profit margin: 1.8% (up from 0.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 63%. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is expected to decline by 6.7% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 16%. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 06Revenues Working Against Team Group Inc.'s (TWSE:4967) Share Price Following 27% DiveTeam Group Inc. ( TWSE:4967 ) shares have had a horrible month, losing 27% after a relatively good period beforehand...Board Change • Aug 01High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Chiang Fu is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공고 • Jul 24Team Group Inc. to Report Q2, 2024 Results on Aug 01, 2024Team Group Inc. announced that they will report Q2, 2024 results on Aug 01, 2024분석 기사 • Jul 23Team Group (TWSE:4967) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jun 21Team Group Inc.'s (TWSE:4967) Share Price Boosted 38% But Its Business Prospects Need A Lift TooDespite an already strong run, Team Group Inc. ( TWSE:4967 ) shares have been powering on, with a gain of 38% in the...공고 • Jun 20+ 3 more updatesTeam Group Inc. Announces Board ChangesTeam Group Inc. announced that the newly elected list of Directors(including Independent Directors) at the 2024 Annual Shareholders' Meeting. Title and name of the previous position holder: Directors: Yao, Hsin-Hua Title and name of the new position holder: Hsia, Shao-An. Effective date is June 19, 2024.분석 기사 • Jun 17There's Been No Shortage Of Growth Recently For Team Group's (TWSE:4967) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 30%After last week's 30% share price gain to NT$169, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 118% over the past three years.New Risk • Jun 12New 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 8.7% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio).Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$124, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 70% over the past three years.Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$4.10 (vs NT$0.54 loss in 1Q 2023)First quarter 2024 results: EPS: NT$4.10 (up from NT$0.54 loss in 1Q 2023). Revenue: NT$2.99b (up 91% from 1Q 2023). Net income: NT$287.5m (up NT$325.5m from 1Q 2023). Profit margin: 9.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 15%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.분석 기사 • May 07Team Group Inc. (TWSE:4967) Soars 36% But It's A Story Of Risk Vs RewardDespite an already strong run, Team Group Inc. ( TWSE:4967 ) shares have been powering on, with a gain of 36% in the...Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$104, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 33% over the past three years.공고 • Apr 28Team Group Inc. to Report Q1, 2024 Results on May 03, 2024Team Group Inc. announced that they will report Q1, 2024 results on May 03, 2024분석 기사 • Mar 25Team Group's (TWSE:4967) Earnings Are Of Questionable QualityUnsurprisingly, Team Group Inc.'s ( TWSE:4967 ) stock price was strong on the back of its healthy earnings report...Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$3.38 (vs NT$0.005 in FY 2022)Full year 2023 results: EPS: NT$3.38 (up from NT$0.005 in FY 2022). Revenue: NT$16.6b (up 146% from FY 2022). Net income: NT$236.8m (up NT$236.4m from FY 2022). Profit margin: 1.4% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공고 • Mar 15+ 1 more updateTeam Group Inc., Annual General Meeting, Jun 19, 2024Team Group Inc., Annual General Meeting, Jun 19, 2024. Location: The 4F, No.166, Jian 1th Rd., Zhonghe Dist New Taipei City Taiwan Agenda: To consider 2023 business report; to consider 2023 Audit Committees Review Report; to consider 2023 distributable compensation for employees and directors; to consider Status of the cash distribution from Capital Surplus.Upcoming Dividend • Sep 20Upcoming dividend of NT$1.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 27 October 2023. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.3%).공고 • Sep 13Team Group Inc. Declares Cash Dividends, Payable on October 27, 2023Team Group Inc. declared cash dividend of common share is TWD 70,148,687. Ex-rights (ex-dividend) trading date: September 27, 2023. Ex-rights (ex-dividend) record date: October 4, 2023. Payment date of cash dividend distribution: October 27, 2023.New Risk • Aug 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.49 (vs NT$0.37 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.49 (up from NT$0.37 loss in 2Q 2022). Revenue: NT$5.66b (up 261% from 2Q 2022). Net income: NT$34.6m (up NT$60.8m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$0.01 (vs NT$1.45 loss in FY 2021)Full year 2022 results: EPS: NT$0.01 (up from NT$1.45 loss in FY 2021). Revenue: NT$6.72b (down 12% from FY 2021). Net income: NT$469.0k (up NT$92.0m from FY 2021). Profit margin: 0% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jiang Fu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$1.12 loss per share (vs NT$2.96 loss in 3Q 2021)Third quarter 2022 results: NT$1.12 loss per share (improved from NT$2.96 loss in 3Q 2021). Revenue: NT$1.69b (down 5.2% from 3Q 2021). Net loss: NT$89.1m (loss narrowed 56% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 22Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 17 October 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.8%).Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.26 loss per share (vs NT$1.72 profit in 2Q 2021)Second quarter 2022 results: NT$0.26 loss per share (down from NT$1.72 profit in 2Q 2021). Revenue: NT$1.57b (down 20% from 2Q 2021). Net loss: NT$26.3m (down 118% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.39 (vs NT$2.16 in 1Q 2021)First quarter 2022 results: EPS: NT$0.39 (down from NT$2.16 in 1Q 2021). Revenue: NT$1.70b (down 11% from 1Q 2021). Net income: NT$38.9m (down 77% from 1Q 2021). Profit margin: 2.3% (down from 8.7% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jiang Fu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 28Full year 2021 earnings released: NT$1.02 loss per share (vs NT$2.06 profit in FY 2020)Full year 2021 results: NT$1.02 loss per share (down from NT$2.06 profit in FY 2020). Revenue: NT$7.65b (up 2.0% from FY 2020). Net loss: NT$91.5m (down 165% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$2.08 loss per share (vs NT$1.01 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$1.78b (down 14% from 3Q 2020). Net loss: NT$202.8m (loss widened 191% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$42.60, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 76% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of NT$0.86 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 29 October 2021. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.1%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.72 (vs NT$0.55 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$1.96b (down 11% from 2Q 2020). Net income: NT$145.0m (up 295% from 2Q 2020). Profit margin: 7.4% (up from 1.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$58.10, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$71.40, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 164% over the past three years.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$52.80, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 145% over the past three years.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$66.90, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 220% over the past three years.분석 기사 • Apr 13Is Team Group (TPE:4967) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$2.06 (vs NT$0.11 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$7.50b (up 8.6% from FY 2019). Net income: NT$141.3m (up NT$133.6m from FY 2019). Profit margin: 1.9% (up from 0.1% 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 39% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.분석 기사 • Mar 18Will Team Group's (TPE:4967) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$57.10, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 166%.Is New 90 Day High Low • Feb 23New 90-day high: NT$57.10The company is up 78% from its price of NT$32.00 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 32% over the same period.분석 기사 • Feb 19We're Not Counting On Team Group (TPE:4967) To Sustain Its Statutory ProfitabilityAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...분석 기사 • Feb 01Should You Be Concerned About Team Group Inc.'s (TPE:4967) ROE?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...분석 기사 • Jan 12Does Team Group (TPE:4967) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Jan 11New 90-day high: NT$55.40The company is up 62% from its price of NT$34.10 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$47.20, the stock is trading at a trailing P/E ratio of 35x, up from the previous P/E ratio of 27.7x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 243%.분석 기사 • Dec 25Did You Participate In Any Of Team Group's (TPE:4967) Incredible 761% Return?Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...Is New 90 Day High Low • Dec 25New 90-day high: NT$42.95The company is up 32% from its price of NT$32.60 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period.분석 기사 • Dec 07Returns On Capital - An Important Metric For Team Group (TPE:4967)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 16% share price gain to NT$38.05, the stock is trading at a trailing P/E ratio of 28.2x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 182%.Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 18% share price gain to NT$37.65, the stock is trading at a trailing P/E ratio of 27.9x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 165%.Is New 90 Day High Low • Dec 02New 90-day high: NT$37.65The company is up 4.0% from its price of NT$36.05 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period.분석 기사 • Nov 19We Wouldn't Rely On Team Group's (TPE:4967) Statutory Earnings As A GuideBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...매출 및 비용 세부 내역Team Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:4967 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 2624,1233,3191,49413631 Dec 2520,4281,1101,4218330 Sep 2517,3462591,4706430 Jun 2519,3832041,5386131 Mar 2522,2943241,6626231 Dec 2419,9385271,6216730 Sep 2422,3667661,5337430 Jun 2419,8136591,4186931 Mar 2417,9915621,1116431 Dec 2316,5662379335530 Sep 2312,6361117964430 Jun 2310,674-167324331 Mar 236,588-766654131 Dec 226,72306334430 Sep 226,964-2775994130 Jun 227,057-3905493631 Mar 227,443-2195623831 Dec 217,652-915743830 Sep 217,3251325664230 Jun 217,6182655314531 Mar 217,8681564724231 Dec 207,5021414034330 Sep 207,677913773930 Jun 207,1642113694331 Mar 206,7601173344231 Dec 196,90583103830 Sep 196,920542574030 Jun 197,319562474031 Mar 197,2601812464031 Dec 187,2001742334030 Sep 187,3121952565430 Jun 187,2432342575031 Mar 186,9782212505231 Dec 176,8242422545230 Sep 175,8332762463930 Jun 174,9342602544231 Mar 174,3301892444131 Dec 163,7271192344030 Sep 163,805-212014230 Jun 163,883-1611694431 Mar 164,026-2111734531 Dec 154,169-2601774630 Sep 154,892-19318847양질의 수익: 4967의 비현금 수익 수준이 높습니다.이익 마진 증가: 4967의 현재 순 이익률 (13.8%)은 지난해 (1.5%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 4967의 수익은 지난 5년 동안 연평균 65%로 크게 증가했습니다.성장 가속화: 지난 1년간 4967 의 수익 증가율(923.1%)은 연간 평균(65%)을 초과합니다.수익 대 산업: 4967의 지난 1년 수익 증가율(923.1%)은 Semiconductor 업계의 3.5%를 상회했습니다.자기자본이익률높은 ROE: 4967의 자본 수익률(46.78%)은 뛰어남이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/28 09:21종가2026/07/28 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 소스Team Group Inc.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.분석가기관Liyen ChenCapital Securities Corporationnull nullCapital Securities Corporation
Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$27.00 (vs NT$0.99 in 1Q 2025)First quarter 2026 results: EPS: NT$27.00 (up from NT$0.99 in 1Q 2025). Revenue: NT$9.04b (up 69% from 1Q 2025). Net income: NT$2.29b (up NT$2.21b from 1Q 2025). Profit margin: 25% (up from 1.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: NT$0.13 (down from NT$1.85 in 2Q 2024). Revenue: NT$4.57b (down 39% from 2Q 2024). Net income: NT$10.9m (down 92% from 2Q 2024). Profit margin: 0.2% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 78%. Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.00 (vs NT$4.10 in 1Q 2024)First quarter 2025 results: EPS: NT$1.00 (down from NT$4.10 in 1Q 2024). Revenue: NT$5.35b (up 79% from 1Q 2024). Net income: NT$84.6m (down 71% from 1Q 2024). Profit margin: 1.6% (down from 9.6% 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 105% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
공고 • May 01Team Group Inc. to Report Q1, 2025 Results on May 07, 2025Team Group Inc. announced that they will report Q1, 2025 results on May 07, 2025
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$6.80 (vs NT$3.38 in FY 2023)Full year 2024 results: EPS: NT$6.80 (up from NT$3.38 in FY 2023). Revenue: NT$19.9b (up 20% from FY 2023). Net income: NT$527.4m (up 123% from FY 2023). Profit margin: 2.6% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • Feb 20Team Group Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Team Group Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025
Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$27.00 (vs NT$0.99 in 1Q 2025)First quarter 2026 results: EPS: NT$27.00 (up from NT$0.99 in 1Q 2025). Revenue: NT$9.04b (up 69% from 1Q 2025). Net income: NT$2.29b (up NT$2.21b from 1Q 2025). Profit margin: 25% (up from 1.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$262, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 308% over the past three years.
New Risk • Mar 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (95% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 44%After last week's 44% share price gain to NT$271, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total returns to shareholders of 327% over the past three years.
New Risk • Mar 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (97% accrual ratio).
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$180, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 203% over the past three years.
공고 • Feb 26Team Group Inc., Annual General Meeting, May 15, 2026Team Group Inc., Annual General Meeting, May 15, 2026. Location: 4 floor building. f no,166, chien i rd., jhonghe district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$210, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 546% over the past three years.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$153, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 434% over the past three years.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (99% payout ratio). Profit margins are more than 30% lower than last year (1.5% net profit margin).
New Risk • Oct 08New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 125% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin).
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$109, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 270% over the past three years.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$88.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 147% over the past three years.
Declared Dividend • Sep 15Dividend of NT$3.00 announcedShareholders will receive a dividend of NT$3.00. Ex-date: 2nd October 2025 Payment date: 31st October 2025 Dividend yield will be 3.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (125% 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 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. EPS is expected to grow by 14% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: NT$0.13 (down from NT$1.85 in 2Q 2024). Revenue: NT$4.57b (down 39% from 2Q 2024). Net income: NT$10.9m (down 92% from 2Q 2024). Profit margin: 0.2% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 78%. Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.00 (vs NT$4.10 in 1Q 2024)First quarter 2025 results: EPS: NT$1.00 (down from NT$4.10 in 1Q 2024). Revenue: NT$5.35b (up 79% from 1Q 2024). Net income: NT$84.6m (down 71% from 1Q 2024). Profit margin: 1.6% (down from 9.6% 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 105% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
공고 • May 01Team Group Inc. to Report Q1, 2025 Results on May 07, 2025Team Group Inc. announced that they will report Q1, 2025 results on May 07, 2025
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$67.60, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 48% over the past three years.
New Risk • Apr 07New 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 6.7% 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 (6.7% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$6.80 (vs NT$3.38 in FY 2023)Full year 2024 results: EPS: NT$6.80 (up from NT$3.38 in FY 2023). Revenue: NT$19.9b (up 20% from FY 2023). Net income: NT$527.4m (up 123% from FY 2023). Profit margin: 2.6% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • Mar 03Team Group Inc., Annual General Meeting, May 29, 2025Team Group Inc., Annual General Meeting, May 29, 2025. Location: 4 floor building. f no,166, chien i rd., jhonghe district, new taipei city Taiwan
공고 • Feb 28Team Group Inc. Approves Cash Dividend for the Year 2024The board of directors of Team Group Inc. on February 27, 2025, approved to distributed cash dividends from capital surplus. Cash distributed from legal reserve and capital surplus to shareholders: TWD 3 per share for the year 2024. Total amount of cash distributed to shareholders: TWD 254,889,864. Period which dividends belong to: January 1, 2024 to December 31, 2024.
공고 • Feb 20Team Group Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Team Group Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025
분석 기사 • Feb 10Here's Why Team Group (TWSE:4967) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$86.30, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 67% over the past three years.
분석 기사 • Dec 11Returns on Capital Paint A Bright Future For Team Group (TWSE:4967)What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
분석 기사 • Nov 19There May Be Underlying Issues With The Quality Of Team Group's (TWSE:4967) EarningsTeam Group Inc.'s ( TWSE:4967 ) stock was strong after they recently reported robust earnings. However, we think that...
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$1.73 (up from NT$0.54 in 3Q 2023). Revenue: NT$6.20b (up 70% from 3Q 2023). Net income: NT$144.9m (up 283% from 3Q 2023). Profit margin: 2.3% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 96%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 17%. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 08New 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 Earnings are forecast to decline by an average of 28% per year for the foreseeable future. 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 (6.4% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding).
공고 • Oct 30Team Group Inc. to Report Q3, 2024 Results on Nov 07, 2024Team Group Inc. announced that they will report Q3, 2024 results on Nov 07, 2024
Upcoming Dividend • Sep 25Upcoming dividend of NT$1.65 per shareEligible shareholders must have bought the stock before 02 October 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.1%).
Declared Dividend • Sep 05Dividend of NT$1.65 announcedShareholders will receive a dividend of NT$1.65. Ex-date: 2nd October 2024 Payment date: 30th October 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 29% over the next year. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.
New Risk • Aug 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 Risk Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding).
Reported Earnings • Aug 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$1.85 (up from NT$0.49 in 2Q 2023). Revenue: NT$7.48b (up 32% from 2Q 2023). Net income: NT$131.4m (up 280% from 2Q 2023). Profit margin: 1.8% (up from 0.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 63%. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is expected to decline by 6.7% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 16%. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 06Revenues Working Against Team Group Inc.'s (TWSE:4967) Share Price Following 27% DiveTeam Group Inc. ( TWSE:4967 ) shares have had a horrible month, losing 27% after a relatively good period beforehand...
Board Change • Aug 01High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Chiang Fu is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공고 • Jul 24Team Group Inc. to Report Q2, 2024 Results on Aug 01, 2024Team Group Inc. announced that they will report Q2, 2024 results on Aug 01, 2024
분석 기사 • Jul 23Team Group (TWSE:4967) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jun 21Team Group Inc.'s (TWSE:4967) Share Price Boosted 38% But Its Business Prospects Need A Lift TooDespite an already strong run, Team Group Inc. ( TWSE:4967 ) shares have been powering on, with a gain of 38% in the...
공고 • Jun 20+ 3 more updatesTeam Group Inc. Announces Board ChangesTeam Group Inc. announced that the newly elected list of Directors(including Independent Directors) at the 2024 Annual Shareholders' Meeting. Title and name of the previous position holder: Directors: Yao, Hsin-Hua Title and name of the new position holder: Hsia, Shao-An. Effective date is June 19, 2024.
분석 기사 • Jun 17There's Been No Shortage Of Growth Recently For Team Group's (TWSE:4967) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 30%After last week's 30% share price gain to NT$169, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 118% over the past three years.
New Risk • Jun 12New 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 8.7% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio).
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$124, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 70% over the past three years.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$4.10 (vs NT$0.54 loss in 1Q 2023)First quarter 2024 results: EPS: NT$4.10 (up from NT$0.54 loss in 1Q 2023). Revenue: NT$2.99b (up 91% from 1Q 2023). Net income: NT$287.5m (up NT$325.5m from 1Q 2023). Profit margin: 9.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 15%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 07Team Group Inc. (TWSE:4967) Soars 36% But It's A Story Of Risk Vs RewardDespite an already strong run, Team Group Inc. ( TWSE:4967 ) shares have been powering on, with a gain of 36% in the...
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$104, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 33% over the past three years.
공고 • Apr 28Team Group Inc. to Report Q1, 2024 Results on May 03, 2024Team Group Inc. announced that they will report Q1, 2024 results on May 03, 2024
분석 기사 • Mar 25Team Group's (TWSE:4967) Earnings Are Of Questionable QualityUnsurprisingly, Team Group Inc.'s ( TWSE:4967 ) stock price was strong on the back of its healthy earnings report...
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$3.38 (vs NT$0.005 in FY 2022)Full year 2023 results: EPS: NT$3.38 (up from NT$0.005 in FY 2022). Revenue: NT$16.6b (up 146% from FY 2022). Net income: NT$236.8m (up NT$236.4m from FY 2022). Profit margin: 1.4% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공고 • Mar 15+ 1 more updateTeam Group Inc., Annual General Meeting, Jun 19, 2024Team Group Inc., Annual General Meeting, Jun 19, 2024. Location: The 4F, No.166, Jian 1th Rd., Zhonghe Dist New Taipei City Taiwan Agenda: To consider 2023 business report; to consider 2023 Audit Committees Review Report; to consider 2023 distributable compensation for employees and directors; to consider Status of the cash distribution from Capital Surplus.
Upcoming Dividend • Sep 20Upcoming dividend of NT$1.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 27 October 2023. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.3%).
공고 • Sep 13Team Group Inc. Declares Cash Dividends, Payable on October 27, 2023Team Group Inc. declared cash dividend of common share is TWD 70,148,687. Ex-rights (ex-dividend) trading date: September 27, 2023. Ex-rights (ex-dividend) record date: October 4, 2023. Payment date of cash dividend distribution: October 27, 2023.
New Risk • Aug 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.49 (vs NT$0.37 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.49 (up from NT$0.37 loss in 2Q 2022). Revenue: NT$5.66b (up 261% from 2Q 2022). Net income: NT$34.6m (up NT$60.8m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$0.01 (vs NT$1.45 loss in FY 2021)Full year 2022 results: EPS: NT$0.01 (up from NT$1.45 loss in FY 2021). Revenue: NT$6.72b (down 12% from FY 2021). Net income: NT$469.0k (up NT$92.0m from FY 2021). Profit margin: 0% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jiang Fu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$1.12 loss per share (vs NT$2.96 loss in 3Q 2021)Third quarter 2022 results: NT$1.12 loss per share (improved from NT$2.96 loss in 3Q 2021). Revenue: NT$1.69b (down 5.2% from 3Q 2021). Net loss: NT$89.1m (loss narrowed 56% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 22Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 17 October 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.8%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.26 loss per share (vs NT$1.72 profit in 2Q 2021)Second quarter 2022 results: NT$0.26 loss per share (down from NT$1.72 profit in 2Q 2021). Revenue: NT$1.57b (down 20% from 2Q 2021). Net loss: NT$26.3m (down 118% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.39 (vs NT$2.16 in 1Q 2021)First quarter 2022 results: EPS: NT$0.39 (down from NT$2.16 in 1Q 2021). Revenue: NT$1.70b (down 11% from 1Q 2021). Net income: NT$38.9m (down 77% from 1Q 2021). Profit margin: 2.3% (down from 8.7% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jiang Fu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 28Full year 2021 earnings released: NT$1.02 loss per share (vs NT$2.06 profit in FY 2020)Full year 2021 results: NT$1.02 loss per share (down from NT$2.06 profit in FY 2020). Revenue: NT$7.65b (up 2.0% from FY 2020). Net loss: NT$91.5m (down 165% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$2.08 loss per share (vs NT$1.01 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$1.78b (down 14% from 3Q 2020). Net loss: NT$202.8m (loss widened 191% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$42.60, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of NT$0.86 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 29 October 2021. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.1%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.72 (vs NT$0.55 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$1.96b (down 11% from 2Q 2020). Net income: NT$145.0m (up 295% from 2Q 2020). Profit margin: 7.4% (up from 1.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$58.10, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$71.40, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 164% over the past three years.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$52.80, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 145% over the past three years.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$66.90, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 220% over the past three years.
분석 기사 • Apr 13Is Team Group (TPE:4967) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$2.06 (vs NT$0.11 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$7.50b (up 8.6% from FY 2019). Net income: NT$141.3m (up NT$133.6m from FY 2019). Profit margin: 1.9% (up from 0.1% 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 39% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
분석 기사 • Mar 18Will Team Group's (TPE:4967) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$57.10, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 166%.
Is New 90 Day High Low • Feb 23New 90-day high: NT$57.10The company is up 78% from its price of NT$32.00 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 32% over the same period.
분석 기사 • Feb 19We're Not Counting On Team Group (TPE:4967) To Sustain Its Statutory ProfitabilityAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
분석 기사 • Feb 01Should You Be Concerned About Team Group Inc.'s (TPE:4967) ROE?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
분석 기사 • Jan 12Does Team Group (TPE:4967) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Jan 11New 90-day high: NT$55.40The company is up 62% from its price of NT$34.10 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$47.20, the stock is trading at a trailing P/E ratio of 35x, up from the previous P/E ratio of 27.7x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 243%.
분석 기사 • Dec 25Did You Participate In Any Of Team Group's (TPE:4967) Incredible 761% Return?Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...
Is New 90 Day High Low • Dec 25New 90-day high: NT$42.95The company is up 32% from its price of NT$32.60 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period.
분석 기사 • Dec 07Returns On Capital - An Important Metric For Team Group (TPE:4967)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 16% share price gain to NT$38.05, the stock is trading at a trailing P/E ratio of 28.2x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 182%.
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 18% share price gain to NT$37.65, the stock is trading at a trailing P/E ratio of 27.9x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 165%.
Is New 90 Day High Low • Dec 02New 90-day high: NT$37.65The company is up 4.0% from its price of NT$36.05 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period.
분석 기사 • Nov 19We Wouldn't Rely On Team Group's (TPE:4967) Statutory Earnings As A GuideBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...