Tong Yang Industry Co.,Ltd. manufactures and sells automobile and motorcycle components in Taiwan, China, the United States, and Europe. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Tong Yang IndustryLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1319 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1319's weekly volatility (3%) has been stable over the past year.
7 Day Return
TW Auto Components
1 Year Return
TW Auto Components
Return vs Industry: 1319 underperformed the TW Auto Components industry which returned 2.3% over the past year.
Return vs Market: 1319 underperformed the TW Market which returned 20.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tong Yang IndustryLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThree Things You Should Check Before Buying Tong Yang Industry Co.,Ltd. (TPE:1319) For Its Dividend
1 month ago | Simply Wall StDo Fundamentals Have Any Role To Play In Driving Tong Yang Industry Co.,Ltd.'s (TPE:1319) Stock Up Recently?
1 month ago | Simply Wall StIs Tong Yang IndustryLtd (TPE:1319) Using Too Much Debt?
Is Tong Yang IndustryLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1319 (NT$38.75) is trading above our estimate of fair value (NT$38.58)
Significantly Below Fair Value: 1319 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1319 is good value based on its PE Ratio (20.2x) compared to the TW Auto Components industry average (27.5x).
PE vs Market: 1319 is poor value based on its PE Ratio (20.2x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: 1319 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 1319 is good value based on its PB Ratio (1.1x) compared to the TW Auto Components industry average (1.5x).
How is Tong Yang IndustryLtd forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1319's forecast earnings growth (32.6% per year) is above the savings rate (0.9%).
Earnings vs Market: 1319's earnings (32.6% per year) are forecast to grow faster than the TW market (16.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1319's revenue (10.5% per year) is forecast to grow faster than the TW market (9.4% per year).
High Growth Revenue: 1319's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1319's Return on Equity is forecast to be low in 3 years time (9%).
How has Tong Yang IndustryLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1319 has high quality earnings.
Growing Profit Margin: 1319's current net profit margins (6.1%) are lower than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: 1319's earnings have declined by 3.5% per year over the past 5 years.
Accelerating Growth: 1319's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1319 had negative earnings growth (-42.3%) over the past year, making it difficult to compare to the Auto Components industry average (-40.9%).
Return on Equity
High ROE: 1319's Return on Equity (4.7%) is considered low.
How is Tong Yang IndustryLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 1319's short term assets (NT$8.1B) exceed its short term liabilities (NT$7.1B).
Long Term Liabilities: 1319's short term assets (NT$8.1B) exceed its long term liabilities (NT$6.3B).
Debt to Equity History and Analysis
Debt Level: 1319's debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: 1319's debt to equity ratio has reduced from 56.2% to 37.3% over the past 5 years.
Debt Coverage: 1319's debt is well covered by operating cash flow (68.6%).
Interest Coverage: 1319's interest payments on its debt are well covered by EBIT (7.3x coverage).
What is Tong Yang IndustryLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1319's dividend (4.65%) is higher than the bottom 25% of dividend payers in the TW market (2.1%).
High Dividend: 1319's dividend (4.65%) is low compared to the top 25% of dividend payers in the TW market (5.17%).
Stability and Growth of Payments
Stable Dividend: 1319's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1319's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.9%), 1319's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1319's dividends in 3 years are forecast to be well covered by earnings (48.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Crispin Wu served as the Chief Executive Officer and Director at Tong Yang Industry Co., Ltd. since October 2011 and serves as its President. Mr. Wu serves as Chairman Nanjing Tong Yang Plastic Product...
|President and General Manager||9.17yrs||no data||8.5% |
|Head of Finance & Accounting and Deputy General Manager of the Business Division||11.17yrs||no data||0.00021% |
|Head of Audit||8.83yrs||no data||no data|
|Deputy General Manager||no data||no data||0.00024% |
|Deputy General Manager of Business Division and Director||24.75yrs||no data||0.023% |
Experienced Management: 1319's management team is seasoned and experienced (10.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tong Yang Industry Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Tong Yang Industry Co.,Ltd.
- Ticker: 1319
- Exchange: TSEC
- Founded: 1952
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: NT$23.245b
- Shares outstanding: 591.48m
- Website: https://www.tyg.com.tw
- Tong Yang Industry Co.,Ltd.
- No. 98, Anhe Road
- Section 2; Annan District
- Tainan City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1319||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Aug 1995|
Tong Yang Industry Co.,Ltd. manufactures and sells automobile and motorcycle components in Taiwan, China, the United States, and Europe. The company offers automobile and motorcycle products, including pla...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 08:34|
|End of Day Share Price||2020/12/02 00:00|
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.