How does 6944's PE Ratio compare to its peers?

6944 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (45.3x).

How does 6944's PE Ratio compare vs other companies in the TW Machinery Industry?

6944 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the TW Machinery industry average (19.8x).

What is 6944'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 6944's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 6944 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6944 (NT$376.5) is trading above our estimate of [[fair value]] (NT$12.09)

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.

6944 Stock Overview

Plans and designs water and wastewater recovery systems for industrial water applications. More details

6944 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (18.6x) is below the TW market (20.6x)

Earnings grew by 58.8% over the past year

Risk Analysis

High level of non-cash earnings

My Notes

Capture your thoughts, links and company narrative

Mega Union Technology Inc. Competitors

Kaori Heat Treatment

TWSE:8996

NT$29.5b

Kenmec Mechanical Engineering

TPEX:6125

NT$21.8b

Syntec Technology

TPEX:7750

NT$31.1b

Shin Zu Shing

TWSE:3376

NT$41.3b

Price History & Performance

Summary of share price highs, lows and changes for Mega Union Technology
Historical stock prices
Current Share Price	NT$376.50
52 Week High	NT$422.27
52 Week Low	NT$145.45
Beta	0
1 Month Change	2.31%
3 Month Change	2.87%
1 Year Change	141.49%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	304.05%

Recent updates

Shareholder Returns

	6944	TW Machinery	TW Market
7D	-2.6%	2.2%	-0.6%
1Y	141.5%	22.6%	28.2%

Return vs Industry: 6944 exceeded the TW Machinery industry which returned 22.6% over the past year.

Return vs Market: 6944 exceeded the TW Market which returned 28.2% over the past year.

Price Volatility

Is 6944's price volatile compared to industry and market?
6944 volatility
6944 Average Weekly Movement	3.2%
Machinery Industry Average Movement	5.1%
Market Average Movement	4.5%
10% most volatile stocks in TW Market	7.9%
10% least volatile stocks in TW Market	2.1%

Stable Share Price: 6944 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 6944's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	964	n/a	www.megaunion-tw.com

Mega Union Technology Inc. plans and designs water and wastewater recovery systems for industrial water applications. It offers seawater desalination/general industrial water/ultrapure water production systems; wastewater treatment system/recycled water treatment systems; and chemical recycling manufacturing systems. The company also provides consumables, including coconut shell activated carbon, resin, and RO membrane, as well as UV, CEDI, UF, MD, and MBR filter; and chemicals, such as hydrogen peroxide remover, RO scale inhibitor, non-oxidizing fungicide, powder flocculant, sludge dewatering agent, heavy metal scavenger, and polymer coagulant.

Mega Union Technology Inc. Fundamentals Summary

How do Mega Union Technology's earnings and revenue compare to its market cap?
6944 fundamental statistics
Market cap	NT$25.49b
Earnings (TTM)	NT$1.37b
Revenue (TTM)	NT$9.79b

18.6x

P/E Ratio

2.6x

P/S Ratio

Is 6944 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6944 income statement (TTM)
Revenue	NT$9.79b
Cost of Revenue	NT$7.65b
Gross Profit	NT$2.14b
Other Expenses	NT$774.58m
Earnings	NT$1.37b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	20.20
Gross Margin	21.87%
Net Profit Margin	13.96%
Debt/Equity Ratio	10.8%

How did 6944 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 22:32
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
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

Mega Union Technology Inc. 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