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4554

Orange Electronic TPEX:4554 Stock Report

Last Price

NT$31.60

Market Cap

NT$736.2m

7D

-1.0%

1Y

8.7%

Updated

22 Sep, 2022

Data

Company Financials
4554 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

4554 Stock Overview

Orange Electronic Co., Ltd. manufactures and sells wireless communication machinery and equipment, telecommunications control radio frequency equipment and enterprises, and locomotives parts and other products.

Orange Electronic Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Orange Electronic
Historical stock prices
Current Share PriceNT$31.60
52 Week HighNT$39.59
52 Week LowNT$26.24
Beta1.08
1 Month Change9.52%
3 Month Change10.58%
1 Year Change8.66%
3 Year Change47.83%
5 Year Change20.43%
Change since IPO-63.42%

Recent News & Updates

Shareholder Returns

4554TW Auto ComponentsTW Market
7D-1.0%-0.6%-1.8%
1Y8.7%11.8%-14.1%

Return vs Industry: 4554 underperformed the TW Auto Components industry which returned 11.8% over the past year.

Return vs Market: 4554 exceeded the TW Market which returned -14.1% over the past year.

Price Volatility

Is 4554's price volatile compared to industry and market?
4554 volatility
4554 Average Weekly Movement5.6%
Auto Components Industry Average Movement5.3%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.2%
10% least volatile stocks in TW Market2.4%

Stable Share Price: 4554 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 4554's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aChin-Yao Hsuhttps://www.orange-electronic.com

Orange Electronic Co., Ltd. manufactures and sells wireless communication machinery and equipment, telecommunications control radio frequency equipment and enterprises, and locomotives parts and other products. It is involved in the entrepot trade, trade agency, and general investment related activities, as well as wholesale of electronic equipment and related components, and auto parts and supplies. The company offers after sales services.

Orange Electronic Fundamentals Summary

How do Orange Electronic's earnings and revenue compare to its market cap?
4554 fundamental statistics
Market CapNT$736.24m
Earnings (TTM)NT$69.39m
Revenue (TTM)NT$480.85m

10.6x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4554 income statement (TTM)
RevenueNT$480.85m
Cost of RevenueNT$277.42m
Gross ProfitNT$203.43m
Other ExpensesNT$134.04m
EarningsNT$69.39m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.98
Gross Margin42.31%
Net Profit Margin14.43%
Debt/Equity Ratio22.3%

How did 4554 perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

28%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 4554 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4554?

Other financial metrics that can be useful for relative valuation.

4554 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA7.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 4554's PE Ratio compare to its peers?

4554 PE Ratio vs Peers
The above table shows the PE ratio for 4554 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.3x
2248 Shining Victory Motor Electronic
9.2xn/aNT$821.1m
4553 ALFOT Technologies
12xn/aNT$930.6m
2249 Young Shine Electric
9.9xn/aNT$888.6m
5276 Da Hui
34xn/aNT$543.1m
4554 Orange Electronic
10.6xn/aNT$736.2m

Price-To-Earnings vs Peers: 4554 is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (16.3x).


Price to Earnings Ratio vs Industry

How does 4554's PE Ratio compare vs other companies in the TW Auto Components Industry?

Price-To-Earnings vs Industry: 4554 is good value based on its Price-To-Earnings Ratio (10.6x) compared to the TW Auto Components industry average (17.3x)


Price to Earnings Ratio vs Fair Ratio

What is 4554's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4554 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4554's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 4554 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4554 (NT$31.6) is trading above our estimate of fair value (NT$10.4)

Significantly Below Fair Value: 4554 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Orange Electronic forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.6%

Forecasted Automobiles 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 Orange Electronic 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.


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Past Performance

How has Orange Electronic performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


73.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 4554 has a high level of non-cash earnings.

Growing Profit Margin: 4554's current net profit margins (14.4%) are higher than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: 4554 has become profitable over the past 5 years, growing earnings by 73.3% per year.

Accelerating Growth: 4554's earnings growth over the past year (217.5%) exceeds its 5-year average (73.3% per year).

Earnings vs Industry: 4554 earnings growth over the past year (217.5%) exceeded the Auto Components industry 1.5%.


Return on Equity

High ROE: 4554's Return on Equity (15.6%) is considered low.


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Financial Health

How is Orange Electronic's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 4554's short term assets (NT$651.4M) exceed its short term liabilities (NT$309.7M).

Long Term Liabilities: 4554's short term assets (NT$651.4M) exceed its long term liabilities (NT$6.8M).


Debt to Equity History and Analysis

Debt Level: 4554 has more cash than its total debt.

Reducing Debt: 4554's debt to equity ratio has increased from 6% to 22.3% over the past 5 years.

Debt Coverage: 4554's debt is not well covered by operating cash flow (2.6%).

Interest Coverage: 4554's interest payments on its debt are well covered by EBIT (62.8x coverage).


Balance Sheet


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Dividend

What is Orange Electronic current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.61%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 4554's dividend (2.61%) is higher than the bottom 25% of dividend payers in the TW market (2.43%).

High Dividend: 4554's dividend (2.61%) is low compared to the top 25% of dividend payers in the TW market (6.69%).


Stability and Growth of Payments

Stable Dividend: 4554 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 4554's dividend payments have increased, but the company has only paid a dividend for 7 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.7%), 4554's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 4554 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

10.2yrs

Average management tenure


CEO

Chin-Yao Hsu

17.67yrs

Tenure

NT$3,221,500

Compensation

Mr. Chin-Yao Hsu serves as Chairman and General Manager of Orange Electronic Co., Ltd. and has been its Director and President since January 20, 2005. Mr. Hsu is Director of Orange Electronic Inc.; CEO of...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Chin-Yao's total compensation is reasonable compared to companies of similar size in the TW market.

Compensation vs Earnings: Chin-Yao's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 4554's management team is seasoned and experienced (10.2 years average tenure).


Board Members

Experienced Board: 4554's board of directors are considered experienced (7.9 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.

Company Information

Orange Electronic Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Orange Electronic Co., Ltd.
  • Ticker: 4554
  • Exchange: TPEX
  • Founded: 2005
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: NT$736.237m
  • Shares outstanding: 23.30m
  • Website: https://www.orange-electronic.com

Number of Employees


Location

  • Orange Electronic Co., Ltd.
  • Central Taiwan Science Park
  • 5th Floor
  • Taichung
  • 42881
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4554TPEX (Taipei Exchange)YesOrdinary SharesTWTWDSep 2014

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/22 00:00
End of Day Share Price2022/09/21 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.