How does 1623's PE Ratio compare to its peers?

1623 is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the peer average (21.8x).

How does 1623's PE Ratio compare vs other companies in the TW Electrical Industry?

1623 is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the TW Electrical industry average (21.8x).

What is 1623'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.

Insufficient data to calculate 1623's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 1623 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1623 (NT$224) is trading below our estimate of [[fair value]] (NT$359.69)

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

Insufficient data to show price forecast.

1623 Stock Overview

Manufactures and sells electric wires and cables in Taiwan. More details

1623 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 37.7% below our estimate of its fair value

Earnings grew by 144.8% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Less than 3 years of financial data is available

My Notes

Capture your thoughts, links and company narrative

Ta Tun Electric Wire & Cable Co., Ltd. Competitors

Kung Long Batteries IndustrialLtd

TWSE:1537

NT$12.6b

Song Chuan Precision

TPEX:7788

NT$12.3b

K.S. Terminals

TWSE:3003

NT$11.7b

Longwell

TPEX:6290

NT$11.3b

Price History & Performance

Summary of share price highs, lows and changes for Ta Tun Electric Wire & Cable
Historical stock prices
Current Share Price	NT$224.00
52 Week High	NT$306.00
52 Week Low	NT$107.00
Beta	0
1 Month Change	-7.82%
3 Month Change	-10.76%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.41%

Recent updates

Shareholder Returns

	1623	TW Electrical	TW Market
7D	-4.7%	-1.6%	-2.1%
1Y	n/a	17.7%	25.6%

Return vs Industry: Insufficient data to determine how 1623 performed against the TW Electrical industry.

Return vs Market: Insufficient data to determine how 1623 performed against the TW Market.

Price Volatility

Is 1623's price volatile compared to industry and market?
1623 volatility
1623 Average Weekly Movement	2.2%
Electrical Industry Average Movement	4.7%
Market Average Movement	4.4%
10% most volatile stocks in TW Market	7.8%
10% least volatile stocks in TW Market	2.1%

Stable Share Price: 1623 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1623's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1949	n/a	Jheng-Nan Chen	www.tewc.com.tw

Ta Tun Electric Wire & Cable Co., Ltd. manufactures and sells electric wires and cables in Taiwan. It offers PVC resin and rubber compounds, bare copper wires, PVC insulated wire and cables, high voltage power cables, rubber core cables, and flame and heat resistance cables.

Ta Tun Electric Wire & Cable Co., Ltd. Fundamentals Summary

How do Ta Tun Electric Wire & Cable's earnings and revenue compare to its market cap?
1623 fundamental statistics
Market cap	NT$13.38b
Earnings (TTM)	NT$604.13m
Revenue (TTM)	NT$4.69b

22.2x

P/E Ratio

2.9x

P/S Ratio

Is 1623 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1623 income statement (TTM)
Revenue	NT$4.69b
Cost of Revenue	NT$3.82b
Gross Profit	NT$867.69m
Other Expenses	NT$263.56m
Earnings	NT$604.13m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	10.07
Gross Margin	18.50%
Net Profit Margin	12.88%
Debt/Equity Ratio	136.9%

How did 1623 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 15:10
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ta Tun Electric Wire & Cable Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Ta Tun Electric Wire & Cable TPEX:1623 Stock Report