View Financial HealthThermaltake Technology 배당 및 자사주 매입배당 기준 점검 1/6Thermaltake Technology 수익으로 충분히 충당되는 현재 수익률 1.1% 보유한 배당금 지급 회사입니다.핵심 정보1.1%배당 수익률0%자사주 매입 수익률총 주주 수익률1.1%미래 배당 수익률n/a배당 성장률3.6%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향40%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 19Dividend increased to NT$0.90Dividend of NT$0.90 is 201% higher than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (91% 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 5.8% 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 1.0% to bring the payout ratio under control. However, EPS has declined by 8.0% over the last 5 years so the company would need to reverse this trend.Upcoming Dividend • Jun 22Upcoming dividend of NT$0.30 per share at 0.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.9%).Upcoming Dividend • Jun 27Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 22 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (7.2%).모든 업데이트 보기Recent updatesReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.74 (vs NT$1.35 loss in FY 2024)Full year 2025 results: EPS: NT$0.74 (up from NT$1.35 loss in FY 2024). Revenue: NT$5.14b (up 29% from FY 2024). Net income: NT$53.8m (up NT$151.4m from FY 2024). Profit margin: 1.0% (up from net loss in FY 2024). 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 64 percentage points per year, which is a significant difference in performance.공지 • Mar 13Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 09, 2026Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 2 floor no,12, chou tzu st., neihu district, taipei city TaiwanReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.45 (vs NT$1.11 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.45 (up from NT$1.11 loss in 3Q 2024). Revenue: NT$1.21b (up 43% from 3Q 2024). Net income: NT$32.4m (up NT$112.7m from 3Q 2024). Profit margin: 2.7% (up from net loss in 3Q 2024). 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 87 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.58 loss per share (vs NT$0.021 profit in 2Q 2024)Second quarter 2025 results: NT$0.58 loss per share (down from NT$0.021 profit in 2Q 2024). Revenue: NT$1.28b (up 31% from 2Q 2024). Net loss: NT$41.7m (down NT$43.2m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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 Risks Debt is not well covered by operating cash flow (1.8% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 369% Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (NT$2.41b market cap, or US$79.6m).Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.093 in 1Q 2024)First quarter 2025 results: EPS: NT$0.60 (up from NT$0.093 in 1Q 2024). Revenue: NT$1.32b (up 22% from 1Q 2024). Net income: NT$43.3m (up NT$36.6m from 1Q 2024). Profit margin: 3.3% (up from 0.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공지 • Apr 30Thermaltake Technology Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Thermaltake Technology Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.18b market cap, or US$66.0m).Reported Earnings • Mar 21Full year 2024 earnings released: NT$1.35 loss per share (vs NT$1.40 profit in FY 2023)Full year 2024 results: NT$1.35 loss per share (down from NT$1.40 profit in FY 2023). Revenue: NT$3.98b (down 9.1% from FY 2023). Net loss: NT$97.7m (down 197% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공지 • Mar 14Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 10, 2025Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 10, 2025. Location: 2 floor no,12, chou tzu st., neihu district, taipei city Taiwan공지 • Mar 06Thermaltake Technology Co., Ltd. to Report Q4, 2024 Results on Mar 13, 2025Thermaltake Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 13, 2025Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.11 loss per share (vs NT$0.45 profit in 3Q 2023)Third quarter 2024 results: NT$1.11 loss per share (down from NT$0.45 profit in 3Q 2023). Revenue: NT$846.2m (down 22% from 3Q 2023). Net loss: NT$80.3m (down 350% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공지 • Oct 29Thermaltake Technology Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024Thermaltake Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.56 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.02 (down from NT$0.56 in 2Q 2023). Revenue: NT$977.8m (down 14% from 2Q 2023). Net income: NT$1.51m (down 96% from 2Q 2023). Profit margin: 0.2% (down from 3.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$33.05, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total loss to shareholders of 23% over the past three years.공지 • Jul 31Thermaltake Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Thermaltake Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024New Risk • Jul 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (NT$3.26b market cap, or US$99.7m).Declared Dividend • Jun 19Dividend increased to NT$0.90Dividend of NT$0.90 is 201% higher than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (91% 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 5.8% 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 1.0% to bring the payout ratio under control. However, EPS has declined by 8.0% over the last 5 years so the company would need to reverse this trend.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$46.00, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total loss to shareholders of 18% over the past three years.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.09 (vs NT$0.50 in 1Q 2023)First quarter 2024 results: EPS: NT$0.09 (down from NT$0.50 in 1Q 2023). Revenue: NT$1.09b (flat on 1Q 2023). Net income: NT$6.73m (down 81% from 1Q 2023). Profit margin: 0.6% (down from 3.3% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.공지 • May 02Thermaltake Technology Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Thermaltake Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 07, 2024New Risk • Apr 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.16b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 8.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (NT$3.16b market cap, or US$97.5m).New Risk • Apr 02New 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: 1.9% 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). Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$1.40 (vs NT$0.43 in FY 2022)Full year 2023 results: EPS: NT$1.40 (up from NT$0.43 in FY 2022). Revenue: NT$4.38b (up 37% from FY 2022). Net income: NT$100.3m (up 227% from FY 2022). Profit margin: 2.3% (up from 1.0% in FY 2022). The increase in margin 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 67 percentage points per year, which is a significant difference in performance.공지 • Mar 15Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 17, 2024Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 17, 2024. Location: Meeting Room, 2F, No. 12, Zhouzi St., Neihu Dist. Taipei City Taiwan Agenda: To consider 2023 Financial Business Report; to consider 2023 Audit Committees Report; to consider 2023 Earnings Distribution Report; to consider 2023 Report on the Status of Endorsement and Guarantee; to consider 2023 Report on Distribution of Remuneration to Employees and Directors; to consider adoption of 2023 Business Report and Financial Statements; to consider adoption of 2023 Earnings Distribution Proposal; to consider amendment to the Procedures for Election of Directors of the Company; to consider re-election of directors; and to consider other matters.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$56.80, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total loss to shareholders of 6.4% over the past three years.New Risk • Dec 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.56 (vs NT$0.017 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.56 (up from NT$0.017 in 2Q 2022). Revenue: NT$1.13b (up 53% from 2Q 2022). Net income: NT$39.7m (up NT$38.5m from 2Q 2022). Profit margin: 3.5% (up from 0.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$60.40, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 32% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of NT$0.30 per share at 0.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.9%).Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$52.80, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 192% over the past three years.Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$0.43 (vs NT$3.06 in FY 2021)Full year 2022 results: EPS: NT$0.43 (down from NT$3.06 in FY 2021). Revenue: NT$3.19b (down 25% from FY 2021). Net income: NT$30.7m (down 86% from FY 2021). Profit margin: 1.0% (down from 5.1% in FY 2021). The decrease in margin was driven by lower 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 29% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.12 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.48 (up from NT$0.12 in 3Q 2021). Revenue: NT$751.4m (down 16% from 3Q 2021). Net income: NT$34.5m (up 300% from 3Q 2021). Profit margin: 4.6% (up from 1.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.93 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.02 (down from NT$0.93 in 2Q 2021). Revenue: NT$738.7m (down 33% from 2Q 2021). Net income: NT$1.22m (down 98% from 2Q 2021). Profit margin: 0.2% (down from 6.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 41%. The fair value is estimated to be NT$27.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 35%.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$23.90, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 3.9% over the past three years.Upcoming Dividend • Jun 27Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 22 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (7.2%).Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$31.50, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 46% over the past three years.공지 • Apr 02Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 16, 2022Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 16, 2022.Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$3.05 (down from NT$6.42 in FY 2020). Revenue: NT$4.24b (down 19% from FY 2020). Net income: NT$217.2m (down 53% from FY 2020). Profit margin: 5.1% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$2.93 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$893.1m (down 46% from 3Q 2020). Net income: NT$8.64m (down 96% from 3Q 2020). Profit margin: 1.0% (down from 13% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$37.70, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 69% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$2.09 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.10b (down 19% from 2Q 2020). Net income: NT$65.8m (down 52% from 2Q 2020). Profit margin: 6.0% (down from 10.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$64.50, the stock trades at a trailing P/E ratio of 7.1x. Average forward P/E is 10x in the Tech industry in Taiwan. Total returns to shareholders of 90% over the past three years.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$2.20 (vs NT$0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.40b (up 45% from 1Q 2020). Net income: NT$141.7m (up NT$126.9m from 1Q 2020). Profit margin: 10% (up from 1.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 28Thermaltake Technology (GTSM:3540) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Apr 13Shareholders Are Loving Thermaltake Technology Co., Ltd.'s (GTSM:3540) 4.3% YieldToday we'll take a closer look at Thermaltake Technology Co., Ltd. ( GTSM:3540 ) from a dividend investor's...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$7.06 (vs NT$1.28 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.25b (up 30% from FY 2019). Net income: NT$457.0m (up 439% from FY 2019). Profit margin: 8.7% (up from 2.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 11Should You Invest In Thermaltake Technology (GTSM:3540)?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Is New 90 Day High Low • Feb 23New 90-day high: NT$75.30The company is up 6.0% from its price of NT$71.10 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$75.30, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 15x in the Tech industry in Taiwan. Total returns to shareholders over the past three years are 135%.분석 기사 • Feb 21Are Robust Financials Driving The Recent Rally In Thermaltake Technology Co., Ltd.'s (GTSM:3540) Stock?Thermaltake Technology's (GTSM:3540) stock is up by a considerable 14% over the past month. Since the market usually...분석 기사 • Feb 07At NT$64.80, Is It Time To Put Thermaltake Technology Co., Ltd. (GTSM:3540) On Your Watch List?Thermaltake Technology Co., Ltd. ( GTSM:3540 ), is not the largest company out there, but it saw a double-digit share...Is New 90 Day High Low • Jan 29New 90-day low: NT$59.00The company is down 10.0% from its price of NT$65.20 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 15% over the same period.분석 기사 • Jan 24Should You Rely On Thermaltake Technology's (GTSM:3540) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...분석 기사 • Jan 10Is Thermaltake Technology (GTSM:3540) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Dec 27Shareholders of Thermaltake Technology (GTSM:3540) Must Be Delighted With Their 501% Total ReturnThermaltake Technology Co., Ltd. ( GTSM:3540 ) shareholders have seen the share price descend 11% over the month. But...Is New 90 Day High Low • Dec 18New 90-day low: NT$63.50The company is down 13% from its price of NT$72.90 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 2.0% over the same period.분석 기사 • Dec 14Does Thermaltake Technology Co., Ltd. (GTSM:3540) Have A Place In Your Dividend Portfolio?Is Thermaltake Technology Co., Ltd. ( GTSM:3540 ) a good dividend stock? How can we tell? Dividend paying companies...분석 기사 • Dec 01Will Thermaltake Technology (GTSM:3540) Repeat Its Return Growth Of The Past?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to grow 16%, compared to a 5.5% growth forecast for the Tech industry in Taiwan.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$3.23The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.64b (up 63% from 3Q 2019). Net income: NT$208.7m (up NT$195.7m from 3Q 2019). Profit margin: 13% (up from 1.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 3540 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 3540 의 배당금 지급액은 지난 10 년 동안 감소했습니다.배당 수익률 vs 시장Thermaltake Technology 배당 수익률 vs 시장3540의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (3540)1.1%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.0%업계 평균 (Tech)2.9%분석가 예측 (3540) (최대 3년)n/a주목할만한 배당금: 3540 의 배당금( 1.1% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.48% )와 비교해 주목할 만하지 않습니다.고배당: 3540 의 배당금( 1.1% )은 TW 시장에서 배당금 지급자의 상위 25%( 5% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 40.4% )로 3540 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 3540 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 01:33종가2026/05/08 00:00수익2025/12/31연간 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Thermaltake 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.분석가기관David LeeSinoPac Securities Investment ServiceJianfa WeiYuanta Research
Declared Dividend • Jun 19Dividend increased to NT$0.90Dividend of NT$0.90 is 201% higher than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (91% 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 5.8% 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 1.0% to bring the payout ratio under control. However, EPS has declined by 8.0% over the last 5 years so the company would need to reverse this trend.
Upcoming Dividend • Jun 22Upcoming dividend of NT$0.30 per share at 0.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.9%).
Upcoming Dividend • Jun 27Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 22 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (7.2%).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.74 (vs NT$1.35 loss in FY 2024)Full year 2025 results: EPS: NT$0.74 (up from NT$1.35 loss in FY 2024). Revenue: NT$5.14b (up 29% from FY 2024). Net income: NT$53.8m (up NT$151.4m from FY 2024). Profit margin: 1.0% (up from net loss in FY 2024). 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 64 percentage points per year, which is a significant difference in performance.
공지 • Mar 13Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 09, 2026Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 2 floor no,12, chou tzu st., neihu district, taipei city Taiwan
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.45 (vs NT$1.11 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.45 (up from NT$1.11 loss in 3Q 2024). Revenue: NT$1.21b (up 43% from 3Q 2024). Net income: NT$32.4m (up NT$112.7m from 3Q 2024). Profit margin: 2.7% (up from net loss in 3Q 2024). 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 87 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.58 loss per share (vs NT$0.021 profit in 2Q 2024)Second quarter 2025 results: NT$0.58 loss per share (down from NT$0.021 profit in 2Q 2024). Revenue: NT$1.28b (up 31% from 2Q 2024). Net loss: NT$41.7m (down NT$43.2m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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 Risks Debt is not well covered by operating cash flow (1.8% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 369% Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (NT$2.41b market cap, or US$79.6m).
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.093 in 1Q 2024)First quarter 2025 results: EPS: NT$0.60 (up from NT$0.093 in 1Q 2024). Revenue: NT$1.32b (up 22% from 1Q 2024). Net income: NT$43.3m (up NT$36.6m from 1Q 2024). Profit margin: 3.3% (up from 0.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공지 • Apr 30Thermaltake Technology Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Thermaltake Technology Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025
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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.18b market cap, or US$66.0m).
Reported Earnings • Mar 21Full year 2024 earnings released: NT$1.35 loss per share (vs NT$1.40 profit in FY 2023)Full year 2024 results: NT$1.35 loss per share (down from NT$1.40 profit in FY 2023). Revenue: NT$3.98b (down 9.1% from FY 2023). Net loss: NT$97.7m (down 197% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공지 • Mar 14Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 10, 2025Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 10, 2025. Location: 2 floor no,12, chou tzu st., neihu district, taipei city Taiwan
공지 • Mar 06Thermaltake Technology Co., Ltd. to Report Q4, 2024 Results on Mar 13, 2025Thermaltake Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 13, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.11 loss per share (vs NT$0.45 profit in 3Q 2023)Third quarter 2024 results: NT$1.11 loss per share (down from NT$0.45 profit in 3Q 2023). Revenue: NT$846.2m (down 22% from 3Q 2023). Net loss: NT$80.3m (down 350% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공지 • Oct 29Thermaltake Technology Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024Thermaltake Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.56 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.02 (down from NT$0.56 in 2Q 2023). Revenue: NT$977.8m (down 14% from 2Q 2023). Net income: NT$1.51m (down 96% from 2Q 2023). Profit margin: 0.2% (down from 3.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$33.05, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total loss to shareholders of 23% over the past three years.
공지 • Jul 31Thermaltake Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Thermaltake Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
New Risk • Jul 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (NT$3.26b market cap, or US$99.7m).
Declared Dividend • Jun 19Dividend increased to NT$0.90Dividend of NT$0.90 is 201% higher than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (91% 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 5.8% 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 1.0% to bring the payout ratio under control. However, EPS has declined by 8.0% over the last 5 years so the company would need to reverse this trend.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$46.00, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total loss to shareholders of 18% over the past three years.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.09 (vs NT$0.50 in 1Q 2023)First quarter 2024 results: EPS: NT$0.09 (down from NT$0.50 in 1Q 2023). Revenue: NT$1.09b (flat on 1Q 2023). Net income: NT$6.73m (down 81% from 1Q 2023). Profit margin: 0.6% (down from 3.3% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
공지 • May 02Thermaltake Technology Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Thermaltake Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 07, 2024
New Risk • Apr 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.16b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 8.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (NT$3.16b market cap, or US$97.5m).
New Risk • Apr 02New 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: 1.9% 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). Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$1.40 (vs NT$0.43 in FY 2022)Full year 2023 results: EPS: NT$1.40 (up from NT$0.43 in FY 2022). Revenue: NT$4.38b (up 37% from FY 2022). Net income: NT$100.3m (up 227% from FY 2022). Profit margin: 2.3% (up from 1.0% in FY 2022). The increase in margin 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 67 percentage points per year, which is a significant difference in performance.
공지 • Mar 15Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 17, 2024Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 17, 2024. Location: Meeting Room, 2F, No. 12, Zhouzi St., Neihu Dist. Taipei City Taiwan Agenda: To consider 2023 Financial Business Report; to consider 2023 Audit Committees Report; to consider 2023 Earnings Distribution Report; to consider 2023 Report on the Status of Endorsement and Guarantee; to consider 2023 Report on Distribution of Remuneration to Employees and Directors; to consider adoption of 2023 Business Report and Financial Statements; to consider adoption of 2023 Earnings Distribution Proposal; to consider amendment to the Procedures for Election of Directors of the Company; to consider re-election of directors; and to consider other matters.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$56.80, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total loss to shareholders of 6.4% over the past three years.
New Risk • Dec 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.56 (vs NT$0.017 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.56 (up from NT$0.017 in 2Q 2022). Revenue: NT$1.13b (up 53% from 2Q 2022). Net income: NT$39.7m (up NT$38.5m from 2Q 2022). Profit margin: 3.5% (up from 0.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$60.40, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 32% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of NT$0.30 per share at 0.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.9%).
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$52.80, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 192% over the past three years.
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$0.43 (vs NT$3.06 in FY 2021)Full year 2022 results: EPS: NT$0.43 (down from NT$3.06 in FY 2021). Revenue: NT$3.19b (down 25% from FY 2021). Net income: NT$30.7m (down 86% from FY 2021). Profit margin: 1.0% (down from 5.1% in FY 2021). The decrease in margin was driven by lower 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 29% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.12 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.48 (up from NT$0.12 in 3Q 2021). Revenue: NT$751.4m (down 16% from 3Q 2021). Net income: NT$34.5m (up 300% from 3Q 2021). Profit margin: 4.6% (up from 1.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.93 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.02 (down from NT$0.93 in 2Q 2021). Revenue: NT$738.7m (down 33% from 2Q 2021). Net income: NT$1.22m (down 98% from 2Q 2021). Profit margin: 0.2% (down from 6.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 41%. The fair value is estimated to be NT$27.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 35%.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$23.90, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 3.9% over the past three years.
Upcoming Dividend • Jun 27Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 22 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (7.2%).
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$31.50, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 46% over the past three years.
공지 • Apr 02Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 16, 2022Thermaltake Technology Co., Ltd., Annual General Meeting, Jun 16, 2022.
Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$3.05 (down from NT$6.42 in FY 2020). Revenue: NT$4.24b (down 19% from FY 2020). Net income: NT$217.2m (down 53% from FY 2020). Profit margin: 5.1% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$2.93 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$893.1m (down 46% from 3Q 2020). Net income: NT$8.64m (down 96% from 3Q 2020). Profit margin: 1.0% (down from 13% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$37.70, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 69% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$2.09 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.10b (down 19% from 2Q 2020). Net income: NT$65.8m (down 52% from 2Q 2020). Profit margin: 6.0% (down from 10.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$64.50, the stock trades at a trailing P/E ratio of 7.1x. Average forward P/E is 10x in the Tech industry in Taiwan. Total returns to shareholders of 90% over the past three years.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$2.20 (vs NT$0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.40b (up 45% from 1Q 2020). Net income: NT$141.7m (up NT$126.9m from 1Q 2020). Profit margin: 10% (up from 1.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 28Thermaltake Technology (GTSM:3540) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Apr 13Shareholders Are Loving Thermaltake Technology Co., Ltd.'s (GTSM:3540) 4.3% YieldToday we'll take a closer look at Thermaltake Technology Co., Ltd. ( GTSM:3540 ) from a dividend investor's...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$7.06 (vs NT$1.28 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.25b (up 30% from FY 2019). Net income: NT$457.0m (up 439% from FY 2019). Profit margin: 8.7% (up from 2.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 11Should You Invest In Thermaltake Technology (GTSM:3540)?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Is New 90 Day High Low • Feb 23New 90-day high: NT$75.30The company is up 6.0% from its price of NT$71.10 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$75.30, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 15x in the Tech industry in Taiwan. Total returns to shareholders over the past three years are 135%.
분석 기사 • Feb 21Are Robust Financials Driving The Recent Rally In Thermaltake Technology Co., Ltd.'s (GTSM:3540) Stock?Thermaltake Technology's (GTSM:3540) stock is up by a considerable 14% over the past month. Since the market usually...
분석 기사 • Feb 07At NT$64.80, Is It Time To Put Thermaltake Technology Co., Ltd. (GTSM:3540) On Your Watch List?Thermaltake Technology Co., Ltd. ( GTSM:3540 ), is not the largest company out there, but it saw a double-digit share...
Is New 90 Day High Low • Jan 29New 90-day low: NT$59.00The company is down 10.0% from its price of NT$65.20 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 15% over the same period.
분석 기사 • Jan 24Should You Rely On Thermaltake Technology's (GTSM:3540) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
분석 기사 • Jan 10Is Thermaltake Technology (GTSM:3540) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Dec 27Shareholders of Thermaltake Technology (GTSM:3540) Must Be Delighted With Their 501% Total ReturnThermaltake Technology Co., Ltd. ( GTSM:3540 ) shareholders have seen the share price descend 11% over the month. But...
Is New 90 Day High Low • Dec 18New 90-day low: NT$63.50The company is down 13% from its price of NT$72.90 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 2.0% over the same period.
분석 기사 • Dec 14Does Thermaltake Technology Co., Ltd. (GTSM:3540) Have A Place In Your Dividend Portfolio?Is Thermaltake Technology Co., Ltd. ( GTSM:3540 ) a good dividend stock? How can we tell? Dividend paying companies...
분석 기사 • Dec 01Will Thermaltake Technology (GTSM:3540) Repeat Its Return Growth Of The Past?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to grow 16%, compared to a 5.5% growth forecast for the Tech industry in Taiwan.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$3.23The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.64b (up 63% from 3Q 2019). Net income: NT$208.7m (up NT$195.7m from 3Q 2019). Profit margin: 13% (up from 1.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.