Tachia Yung Ho Machine Industry Co., Ltd. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Tachia Yung Ho Machine Industry's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2221 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2221's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2221 underperformed the TW Machinery industry which returned 15.5% over the past year.
Return vs Market: 2221 underperformed the TW Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tachia Yung Ho Machine Industry's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWill The ROCE Trend At Tachia Yung Ho Machine Industry (GTSM:2221) Continue?
1 month ago | Simply Wall StTachia Yung Ho Machine Industry Co., Ltd. (GTSM:2221) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
1 month ago | Simply Wall StTachia Yung Ho Machine Industry (GTSM:2221) Has A Pretty Healthy Balance Sheet
Is Tachia Yung Ho Machine Industry 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: 2221 (NT$23.65) is trading above our estimate of fair value (NT$16.9)
Significantly Below Fair Value: 2221 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2221 is good value based on its PE Ratio (16.1x) compared to the TW Machinery industry average (16.5x).
PE vs Market: 2221 is good value based on its PE Ratio (16.1x) compared to the TW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2221's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2221 is good value based on its PB Ratio (1.3x) compared to the TW Machinery industry average (1.7x).
How is Tachia Yung Ho Machine Industry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Tachia Yung Ho Machine Industry 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.
- Examine whether Tachia Yung Ho Machine Industry is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
How has Tachia Yung Ho Machine Industry performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2221 has high quality earnings.
Growing Profit Margin: 2221's current net profit margins (5.4%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: 2221's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: 2221's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2221 had negative earnings growth (-47.4%) over the past year, making it difficult to compare to the Machinery industry average (-10.4%).
Return on Equity
High ROE: 2221's Return on Equity (9%) is considered low.
How is Tachia Yung Ho Machine Industry's financial position?
Financial Position Analysis
Short Term Liabilities: 2221's short term assets (NT$912.9M) exceed its short term liabilities (NT$402.2M).
Long Term Liabilities: 2221's short term assets (NT$912.9M) exceed its long term liabilities (NT$227.0M).
Debt to Equity History and Analysis
Debt Level: 2221's debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 2221's debt to equity ratio has reduced from 56.5% to 33.7% over the past 5 years.
Debt Coverage: 2221's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 2221's interest payments on its debt are well covered by EBIT (21.1x coverage).
What is Tachia Yung Ho Machine Industry current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2221's dividend (6.34%) is higher than the bottom 25% of dividend payers in the TW market (2.15%).
High Dividend: 2221's dividend (6.34%) is in the top 25% of dividend payers in the TW market (5.24%)
Stability and Growth of Payments
Stable Dividend: 2221 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2221's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (102.2%), 2221's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Tachia Yung Ho Machine Industry has no CEO, or we have no data on them.
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.
Tachia Yung Ho Machine Industry Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Tachia Yung Ho Machine Industry Co., Ltd.
- Ticker: 2221
- Exchange: GTSM
- Founded: 1943
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: NT$1.001b
- Shares outstanding: 42.33m
- Website: https://www.yhmco.com.tw
- Tachia Yung Ho Machine Industry Co., Ltd.
- No. 69, Youshi Road
- Dajia District
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2221||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||May 2005|
Tachia Yung Ho Machine Industry Co., Ltd. primarily manufactures and sells butt-welding pipe fittings and high purity components in Taiwan. The company offers stainless steel butt-welding pipe fittings, su...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 08:34|
|End of Day Share Price||2020/11/25 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.