TSEC:1516

Stock Analysis Report

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Executive Summary

Falcon Power Co., Ltd. develops energy products. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Falcon Power's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1516 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1516's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

-2.5%

1516

1.5%

TW Electrical

0.9%

TW Market


1 Year Return

45.0%

1516

18.5%

TW Electrical

18.7%

TW Market

Return vs Industry: 1516 exceeded the TW Electrical industry which returned 18.5% over the past year.

Return vs Market: 1516 exceeded the TW Market which returned 18.7% over the past year.


Shareholder returns

1516IndustryMarket
7 Day-2.5%1.5%0.9%
30 Day0.7%3.4%7.1%
90 Day22.0%6.7%8.2%
1 Year45.7%45.0%23.2%18.5%23.0%18.7%
3 Year50.4%49.7%28.8%14.2%44.9%28.8%
5 Year51.9%47.5%83.9%51.6%94.4%60.3%

Long-Term Price Volatility Vs. Market

How volatile is Falcon Power's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Falcon Power undervalued compared to its fair value and its price relative to the market?

26.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1516 (NT$21.3) is trading above our estimate of fair value (NT$0.78)

Significantly Below Fair Value: 1516 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1516 is poor value based on its PE Ratio (26x) compared to the TW Electrical industry average (16.7x).

PE vs Market: 1516 is poor value based on its PE Ratio (26x) compared to the TW market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1516's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1516 is overvalued based on its PB Ratio (1.8x) compared to the TW Electrical industry average (1.4x).


Next Steps

Future Growth

How is Falcon Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

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 Falcon Power 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 Falcon Power performed over the past 5 years?

-22.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1516 has high quality earnings.

Growing Profit Margin: 1516's current net profit margins (3.3%) are higher than last year (1.2%).


Past Earnings Growth Analysis

Earnings Trend: 1516's earnings have declined by 22.5% per year over the past 5 years.

Accelerating Growth: 1516's earnings growth over the past year (303.6%) exceeds its 5-year average (-22.5% per year).

Earnings vs Industry: 1516 earnings growth over the past year (303.6%) exceeded the Electrical industry 1.8%.


Return on Equity

High ROE: 1516's Return on Equity (7%) is considered low.


Next Steps

Financial Health

How is Falcon Power's financial position?


Financial Position Analysis

Short Term Liabilities: 1516's short term assets (NT$415.2M) exceed its short term liabilities (NT$65.1M).

Long Term Liabilities: 1516's short term assets (NT$415.2M) exceed its long term liabilities (NT$20.0K).


Debt to Equity History and Analysis

Debt Level: 1516 is debt free.

Reducing Debt: 1516 had no debt 5 years ago.

Debt Coverage: 1516 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1516 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Falcon Power current dividend yield, its reliability and sustainability?

0.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1516's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.14%).

High Dividend: 1516's dividend (0.36%) is low compared to the top 25% of dividend payers in the TW market (5.23%).


Stability and Growth of Payments

Stable Dividend: 1516 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.

Growing Dividend: 1516 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: 1516 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1516'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

Falcon Power 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

Falcon Power Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Falcon Power Co., Ltd.
  • Ticker: 1516
  • Exchange: TSEC
  • Founded: 1986
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: NT$737.768m
  • Shares outstanding: 34.39m
  • Website: https://www.falconpower.com.tw

Number of Employees


Location

  • Falcon Power Co., Ltd.
  • No. 495, Guangfu South Road
  • 6th Floor-5
  • Taipei City
  • 110
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1516TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDAug 1995

Biography

Falcon Power Co., Ltd. develops energy products. It is involved in the solar energy application business, as well as offers solar related products. The company was founded in 1986 and is based in Taipei Ci...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 08:41
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
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.