| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
GTRONIC Overview
Globetronics Technology Bhd, an investment holding company, engages in the manufacture, assembly, testing, and sale of integrated circuits, optoelectronic products, and chip carrier quartz crystal products.
Globetronics Technology Bhd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM2.11 |
| 52 Week High | RM1.98 |
| 52 Week Low | RM3.43 |
| Beta | 1.18 |
| 1 Month Change | 0.96% |
| 3 Month Change | -7.86% |
| 1 Year Change | -23.27% |
| 3 Year Change | -16.60% |
| 5 Year Change | 31.99% |
| Change since IPO | 142.87% |
Recent News & Updates
Globetronics Technology Bhd (KLSE:GTRONIC) Is Due To Pay A Dividend Of RM0.02
The board of Globetronics Technology Bhd ( KLSE:GTRONIC ) has announced that it will pay a dividend on the 5th of July...
Shareholder Returns
| GTRONIC | MY Semiconductor | MY Market | |
|---|---|---|---|
| 7D | 0% | 3.3% | -1.0% |
| 1Y | -23.3% | 105.1% | 5.9% |
Return vs Industry: GTRONIC underperformed the MY Semiconductor industry which returned 105.1% over the past year.
Return vs Market: GTRONIC underperformed the MY Market which returned 5.9% over the past year.
Price Volatility
| GTRONIC volatility | |
|---|---|
| GTRONIC Beta | 1.18 |
| Industry Beta | 1.13 |
| Market Beta | 1 |
Stable Share Price: GTRONIC is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GTRONIC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 1,177 | Huck Heng | https://www.globetronics.com.my |
Globetronics Technology Bhd, an investment holding company, engages in the manufacture, assembly, testing, and sale of integrated circuits, optoelectronic products, and chip carrier quartz crystal products. It also offers small outline components, sensors and optical products, and light-emitting diodes components and modules; trades in electronics/semiconductor components; and provides computer hardware and software, system solutions, and consultations, as well as technical plating services. The company serves semiconductor and electronics industries.
Globetronics Technology Bhd Fundamentals Summary
| GTRONIC fundamental statistics | |
|---|---|
| Market Cap | RM1.41b |
| Earnings (TTM) | RM53.68m |
| Revenue (TTM) | RM230.49m |
26.3x
P/E Ratio6.1x
P/S RatioIs GTRONIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTRONIC income statement (TTM) | |
|---|---|
| Revenue | RM230.49m |
| Cost of Revenue | RM146.18m |
| Gross Profit | RM84.31m |
| Expenses | RM30.63m |
| Earnings | RM53.68m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.08 |
| Gross Margin | 36.58% |
| Net Profit Margin | 23.29% |
| Debt/Equity Ratio | 0.0% |
How did GTRONIC perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield37%
Payout RatioValuation
Is Globetronics Technology Bhd undervalued compared to its fair value and its price relative to the market?
26.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GTRONIC (MYR2.11) is trading above our estimate of fair value (MYR2.08)
Significantly Below Fair Value: GTRONIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GTRONIC is good value based on its PE Ratio (26.3x) compared to the MY Semiconductor industry average (64.4x).
PE vs Market: GTRONIC is poor value based on its PE Ratio (26.3x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: GTRONIC is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: GTRONIC is good value based on its PB Ratio (4.8x) compared to the MY Semiconductor industry average (5.1x).
Future Growth
How is Globetronics Technology Bhd forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
13.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTRONIC's forecast earnings growth (13.3% per year) is above the savings rate (3.6%).
Earnings vs Market: GTRONIC's earnings (13.3% per year) are forecast to grow faster than the MY market (10.2% per year).
High Growth Earnings: GTRONIC's earnings are forecast to grow, but not significantly.
Revenue vs Market: GTRONIC's revenue (9.3% per year) is forecast to grow faster than the MY market (6.4% per year).
High Growth Revenue: GTRONIC's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTRONIC's Return on Equity is forecast to be high in 3 years time (25%)
Past Performance
How has Globetronics Technology Bhd performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTRONIC has high quality earnings.
Growing Profit Margin: GTRONIC's current net profit margins (23.3%) are higher than last year (22%).
Past Earnings Growth Analysis
Earnings Trend: GTRONIC's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: GTRONIC's earnings growth over the past year (8.7%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: GTRONIC earnings growth over the past year (8.7%) underperformed the Semiconductor industry 68.1%.
Return on Equity
High ROE: GTRONIC's Return on Equity (18.1%) is considered low.
Financial Health
How is Globetronics Technology Bhd's financial position?
Financial Position Analysis
Short Term Liabilities: GTRONIC's short term assets (MYR229.8M) exceed its short term liabilities (MYR37.0M).
Long Term Liabilities: GTRONIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTRONIC is debt free.
Reducing Debt: GTRONIC has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: GTRONIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GTRONIC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Globetronics Technology Bhd current dividend yield, its reliability and sustainability?
3.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GTRONIC's dividend (3.55%) is higher than the bottom 25% of dividend payers in the MY market (1.54%).
High Dividend: GTRONIC's dividend (3.55%) is low compared to the top 25% of dividend payers in the MY market (4.16%).
Stability and Growth of Payments
Stable Dividend: GTRONIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTRONIC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.4%), GTRONIC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GTRONIC's dividends in 3 years are forecast to be covered by earnings (83.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.7yrs
Average management tenure
CEO
Huck Heng (64 yo)
13.67yrs
Tenure
RM4,621,000
Compensation
Mr. Huck Lee Heng has been the Chief Executive Officer of Globetronics (Jiaxing) Inc. and Globetronics Technology Bhd since January 3, 2008. He has been a Non-Independent Executive Director of Globetronics...
CEO Compensation Analysis
Compensation vs Market: Huck's total compensation ($USD1.11M) is above average for companies of similar size in the MY market ($USD302.22K).
Compensation vs Earnings: Huck's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GTRONIC's management team is seasoned and experienced (13.7 years average tenure).
Board Members
Experienced Board: GTRONIC's board of directors are seasoned and experienced ( 10.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Globetronics Technology Bhd's employee growth, exchange listings and data sources
Key Information
- Name: Globetronics Technology Bhd
- Ticker: GTRONIC
- Exchange: KLSE
- Founded: 1991
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: RM1.413b
- Shares outstanding: 669.44m
- Website: https://www.globetronics.com.my
Number of Employees
Location
- Globetronics Technology Bhd
- Free Industrial Zone
- Plot 2
- Bayan Lepas
- Pulau Pinang
- 11900
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/20 15:27 |
| End of Day Share Price | 2021/09/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.