Dee Van Enterprise Co., Ltd. develops, produces, and sells external power supply products in Taiwan. More Details
+ 1 more risk
Flawless balance sheet and undervalued.
Share Price & News
How has Dee Van Enterprise's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8115 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 8115's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 8115 underperformed the TW Electrical industry which returned 18% over the past year.
Return vs Market: 8115 underperformed the TW Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Dee Van Enterprise's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StDee Van Enterprise (GTSM:8115) Has A Rock Solid Balance Sheet
3 weeks ago | Simply Wall StCan Dee Van Enterprise (GTSM:8115) Continue To Grow Its Returns On Capital?
1 month ago | Simply Wall StIs Dee Van Enterprise Co., Ltd. (GTSM:8115) The Right Choice For A Smart Dividend Investor?
Is Dee Van Enterprise undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8115 (NT$17.95) is trading below our estimate of fair value (NT$222.74)
Significantly Below Fair Value: 8115 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8115 is good value based on its PE Ratio (5x) compared to the TW Electrical industry average (16.2x).
PE vs Market: 8115 is good value based on its PE Ratio (5x) compared to the TW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8115's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8115 is good value based on its PB Ratio (0.5x) compared to the TW Electrical industry average (1.4x).
How is Dee Van Enterprise 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 Dee Van Enterprise 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 Dee Van Enterprise 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 Dee Van Enterprise performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8115 has a large one-off gain of NT$52.9M impacting its June 30 2020 financial results.
Growing Profit Margin: 8115's current net profit margins (9.1%) are lower than last year (16.7%).
Past Earnings Growth Analysis
Earnings Trend: 8115's earnings have declined by 0.5% per year over the past 5 years.
Accelerating Growth: 8115's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8115 had negative earnings growth (-40.4%) over the past year, making it difficult to compare to the Electrical industry average (1.8%).
Return on Equity
High ROE: 8115's Return on Equity (11%) is considered low.
How is Dee Van Enterprise's financial position?
Financial Position Analysis
Short Term Liabilities: 8115's short term assets (NT$2.3B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 8115's short term assets (NT$2.3B) exceed its long term liabilities (NT$608.2M).
Debt to Equity History and Analysis
Debt Level: 8115's debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 8115's debt to equity ratio has reduced from 28.5% to 18.4% over the past 5 years.
Debt Coverage: 8115's debt is well covered by operating cash flow (71.1%).
Interest Coverage: 8115 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Dee Van Enterprise current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8115's dividend (5.57%) is higher than the bottom 25% of dividend payers in the TW market (2.15%).
High Dividend: 8115's dividend (5.57%) is in the top 25% of dividend payers in the TW market (5.24%)
Stability and Growth of Payments
Stable Dividend: 8115 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8115's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.7%), 8115's dividend payments are 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?
Jian Shun Fu
Jian Shun Fu serves as the General Manager of Dee Van Enterprise Co., Ltd.
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.
Dee Van Enterprise Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Dee Van Enterprise Co., Ltd.
- Ticker: 8115
- Exchange: GTSM
- Founded: 1971
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: NT$1.257b
- Shares outstanding: 70.00m
- Website: https://www.deevan.com.tw
- Dee Van Enterprise Co., Ltd.
- No.5, Baogao Road
- Xindian District
- New Taipei City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8115||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||May 2006|
Dee Van Enterprise Co., Ltd. develops, produces, and sells external power supply products in Taiwan. The company provides a range of adaptors, such as desktop, interchangeable blades, wall mounts, LED driv...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 08:33|
|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.