DB:TZ2

Stock Analysis Report

Trek 2000 International

Executive Summary

Trek 2000 International Ltd, an investment holding company, engages in the research, design, development, and dealing of computer hardware, software, electronic components, and other related products.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Trek 2000 International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TZ2's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-14.8%

TZ2

-8.0%

DE Tech

-5.7%

DE Market


1 Year Return

-22.0%

TZ2

4.6%

DE Tech

6.1%

DE Market

Return vs Industry: TZ2 underperformed the German Tech industry which returned 4.6% over the past year.

Return vs Market: TZ2 underperformed the German Market which returned 6.1% over the past year.


Shareholder returns

TZ2IndustryMarket
7 Day-14.8%-8.0%-5.7%
30 Day-11.5%-12.4%-5.7%
90 Day-1.1%8.3%-3.6%
1 Year-22.0%-22.0%5.4%4.6%9.3%6.1%
3 Yearn/a137.0%132.0%8.9%-0.7%
5 Year-76.6%-78.4%82.6%61.1%13.6%-2.0%

Price Volatility Vs. Market

How volatile is Trek 2000 International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Trek 2000 International undervalued compared to its fair value and its price relative to the market?

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: TZ2 (€0.05) is trading above our estimate of fair value (€0)

Significantly Below Fair Value: TZ2 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TZ2 is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: TZ2 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TZ2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TZ2 is good value based on its PB Ratio (0.4x) compared to the XE Tech industry average (1.3x).


Next Steps

Future Growth

How is Trek 2000 International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.7%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trek 2000 International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Trek 2000 International performed over the past 5 years?

-2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TZ2 is currently unprofitable.

Growing Profit Margin: TZ2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TZ2 is unprofitable, and losses have increased over the past 5 years at a rate of -2% per year.

Accelerating Growth: Unable to compare TZ2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TZ2 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-8.4%).


Return on Equity

High ROE: TZ2 has a negative Return on Equity (-4.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Trek 2000 International's financial position?


Financial Position Analysis

Short Term Liabilities: TZ2's short term assets ($36.4M) exceed its short term liabilities ($7.1M).

Long Term Liabilities: TZ2's short term assets ($36.4M) exceed its long term liabilities ($25.0K).


Debt to Equity History and Analysis

Debt Level: TZ2 is debt free.

Reducing Debt: TZ2 has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.


Balance Sheet

Inventory Level: TZ2 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TZ2's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TZ2 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: TZ2 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Trek 2000 International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TZ2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TZ2's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TZ2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TZ2's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TZ2 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TZ2's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Trek 2000 International has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Joon Yong Tan
Group President & Executive Director1.8yrsno data1.32% $204.8k
Henn Tan
Consultant & Chairman Emeritus1.8yrsno data32.08% $5.0m
Sheok Yeow Yeo
Director of Finance1.7yrsno datano data
Hock Kee Wee
Deputy President Operations0yrsno datano data
Mun Kwong Kuan
Executive Director1.8yrsno datano data
Koon Keet Chan
Head of Research & Development and Firmware - Kuala Lumpur & Malaysia19.1yrsno datano data
Waie Shew
Head of R&D - Software0yrsno datano data
Chun Liang Tan
Head of Interactive Consumer Solutions Division - Singapore and Country Manager of Thailand15.1yrsno datano data
Seetharaman Rajesh
Head of Intellectual Property0yrsno datano data
Amol Sangewar
Head of Overseas Sales & Marketing0yrsno datano data

1.8yrs

Average Tenure

Experienced Management: TZ2's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Joon Yong Tan
Group President & Executive Director1.8yrsno data1.32% $204.8k
Henn Tan
Consultant & Chairman Emeritus1.8yrsno data32.08% $5.0m
Mun Kwong Kuan
Executive Director1.8yrsno datano data
Chia Ta Lee
COO & Executive Director of Racer Technology Pte Ltd0yrsno datano data
Yee Meng Chay
Independent Non-Executive Director3.9yrsno data0.51% $79.0k
Peng Soon Khor
Non-Independent Non-Executive Chairman1.8yrsno datano data
Swee Heng Kwek
Independent Non-Executive Director1.8yrsno data0.14% $22.2k

1.8yrs

Average Tenure

62yo

Average Age

Experienced Board: TZ2's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TZ2 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Trek 2000 International Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trek 2000 International Ltd
  • Ticker: TZ2
  • Exchange: DB
  • Founded: 1999
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: S$23.640m
  • Listing Market Cap: S$15.541m
  • Shares outstanding: 319.45m
  • Website: https://www.trek2000.com.sg

Location

  • Trek 2000 International Ltd
  • No. 07-13/14/15, Loyang Industrial Estate
  • 30, Loyang Way
  • Singapore
  • 508769
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5ABSGX (Singapore Exchange)YesOrdinary SharesSGSGDMay 2000
TZ2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2000

Biography

Trek 2000 International Ltd, an investment holding company, engages in the research, design, development, and dealing of computer hardware, software, electronic components, and other related products. The company operates through Interactive Consumer Solutions, Customised Solutions, and Licensing segments. It offers patented technology solutions, including USB, wireless, anti-piracy, compression, security/encryption, centralized management system, PC and mobile apps, and enterprise solutions, as well as portable storage solutions, such as flash memory, hard disk, and optical technologies. The company also provides design solutions, such as complete design-in modules or sub-modules in semi-customized or customized forms for software, hardware, and firmware; and security solutions for mobile storage devices, as well as licenses its patented technologies and trademarks. In addition, it is involved in the research and experimental development on medical technologies; research, design, development, and distribution of memory modules, and other related products and solutions; and development and marketing of Web portal services, including social networking sites. The company operates in China/Hong Kong, Taiwan, India, Singapore, Indonesia, Malaysia, Thailand, Europe, the United States, Japan, and internationally. Trek 2000 International Ltd was incorporated in 1999 and is headquartered in Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 21:56
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.