GTSM:4537

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Shuz Tung Machinery Industrial

Executive Summary

Shuz Tung Machinery Industrial Co., Ltd. manufactures and sells machinery and automation equipment in Taiwan and China. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.

Share Price & News

How has Shuz Tung Machinery Industrial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4537 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 4537's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-9.3%

4537

0.5%

TW Machinery

0.9%

TW Market


1 Year Return

11.1%

4537

16.1%

TW Machinery

18.7%

TW Market

Return vs Industry: 4537 underperformed the TW Machinery industry which returned 15.5% over the past year.

Return vs Market: 4537 underperformed the TW Market which returned 17.8% over the past year.


Shareholder returns

4537IndustryMarket
7 Day-9.3%0.5%0.9%
30 Day1.7%5.2%7.1%
90 Day12.2%3.0%8.2%
1 Year11.1%11.1%19.4%16.1%23.0%18.7%
3 Year85.5%84.9%14.9%4.4%44.9%28.8%
5 Year2.9%-1.9%100.4%68.8%94.4%60.3%

Long-Term Price Volatility Vs. Market

How volatile is Shuz Tung Machinery Industrial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shuz Tung Machinery Industrial undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4537 (NT$18) is trading below our estimate of fair value (NT$324.92)

Significantly Below Fair Value: 4537 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4537 is good value based on its PE Ratio (11.5x) compared to the TW Machinery industry average (16.5x).

PE vs Market: 4537 is good value based on its PE Ratio (11.5x) compared to the TW market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4537's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4537 is good value based on its PB Ratio (1.1x) compared to the TW Machinery industry average (1.7x).


Next Steps

Future Growth

How is Shuz Tung Machinery Industrial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.2%

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 Shuz Tung Machinery Industrial 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 Shuz Tung Machinery Industrial performed over the past 5 years?

28.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4537 has high quality earnings.

Growing Profit Margin: 4537's current net profit margins (4.5%) are lower than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: 4537's earnings have grown significantly by 28.5% per year over the past 5 years.

Accelerating Growth: 4537's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4537 had negative earnings growth (-26.4%) over the past year, making it difficult to compare to the Machinery industry average (-10.4%).


Return on Equity

High ROE: 4537's Return on Equity (9.9%) is considered low.


Next Steps

Financial Health

How is Shuz Tung Machinery Industrial's financial position?


Financial Position Analysis

Short Term Liabilities: 4537's short term assets (NT$3.1B) exceed its short term liabilities (NT$2.4B).

Long Term Liabilities: 4537's short term assets (NT$3.1B) exceed its long term liabilities (NT$153.8M).


Debt to Equity History and Analysis

Debt Level: 4537's debt to equity ratio (115.9%) is considered high.

Reducing Debt: 4537's debt to equity ratio has increased from 74.7% to 115.9% over the past 5 years.

Debt Coverage: 4537's debt is well covered by operating cash flow (30.2%).

Interest Coverage: 4537's interest payments on its debt are well covered by EBIT (13.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Shuz Tung Machinery Industrial current dividend yield, its reliability and sustainability?

0.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 4537's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.15%).

High Dividend: 4537's dividend (0.25%) is low compared to the top 25% of dividend payers in the TW market (5.24%).


Stability and Growth of Payments

Stable Dividend: 4537 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.

Growing Dividend: 4537 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 4537 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4537's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

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


CEO

Shuz Tung Machinery Industrial has no CEO, or we have no data on them.


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

Shuz Tung Machinery Industrial Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shuz Tung Machinery Industrial Co., Ltd.
  • Ticker: 4537
  • Exchange: GTSM
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: NT$1.419b
  • Shares outstanding: 78.84m
  • Website: https://www.shuztung.com

Location

  • Shuz Tung Machinery Industrial Co., Ltd.
  • No. 17-1, Houliao Road
  • Waipu District
  • Taichung City
  • 43859
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4537GTSM (Taipei Exchange)YesCommon StockTWTWDMay 2012

Biography

Shuz Tung Machinery Industrial Co., Ltd. manufactures and sells machinery and automation equipment in Taiwan and China. The company provides pipe/tube benders, such as auto, semi-auto, and special customer...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 08:32
End of Day Share Price2020/11/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.