Walsin Lihwa Corporation manufactures and sells bare copper wires, wires and cables, and specialty steel products in Asia, the United States, Europe, and internationally. More Details
Undervalued with proven track record.
Share Price & News
How has Walsin Lihwa's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1605 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1605's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 1605 exceeded the TW Electrical industry which returned 18% over the past year.
Return vs Market: 1605 exceeded the TW Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Walsin Lihwa's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShareholders Of Walsin Lihwa (TPE:1605) Must Be Happy With Their 209% Total Return
1 month ago | Simply Wall StWalsin Lihwa (TPE:1605) Seems To Use Debt Quite Sensibly
1 month ago | Simply Wall StDoes Walsin Lihwa (TPE:1605) Have The Makings Of A Multi-Bagger?
Is Walsin Lihwa 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: 1605 (NT$18.55) is trading below our estimate of fair value (NT$85.06)
Significantly Below Fair Value: 1605 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1605 is good value based on its PE Ratio (10.6x) compared to the TW Electrical industry average (16.2x).
PE vs Market: 1605 is good value based on its PE Ratio (10.6x) compared to the TW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1605's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1605 is good value based on its PB Ratio (0.8x) compared to the TW Electrical industry average (1.4x).
How is Walsin Lihwa 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 Walsin Lihwa 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 Walsin Lihwa 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 Walsin Lihwa performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1605 has a large one-off gain of NT$2.0B impacting its September 30 2020 financial results.
Growing Profit Margin: 1605's current net profit margins (5.1%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: 1605's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: 1605's earnings growth over the past year (65.9%) exceeds its 5-year average (11.9% per year).
Earnings vs Industry: 1605 earnings growth over the past year (65.9%) exceeded the Electrical industry 1.8%.
Return on Equity
High ROE: 1605's Return on Equity (7.8%) is considered low.
How is Walsin Lihwa's financial position?
Financial Position Analysis
Short Term Liabilities: 1605's short term assets (NT$54.1B) exceed its short term liabilities (NT$27.7B).
Long Term Liabilities: 1605's short term assets (NT$54.1B) exceed its long term liabilities (NT$34.3B).
Debt to Equity History and Analysis
Debt Level: 1605's debt to equity ratio (50.1%) is considered high.
Reducing Debt: 1605's debt to equity ratio has increased from 46.3% to 50.1% over the past 5 years.
Debt Coverage: 1605's debt is well covered by operating cash flow (22.5%).
Interest Coverage: 1605's interest payments on its debt are well covered by EBIT (48.5x coverage).
What is Walsin Lihwa current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1605's dividend (2.73%) is higher than the bottom 25% of dividend payers in the TW market (2.15%).
High Dividend: 1605's dividend (2.73%) is low compared to the top 25% of dividend payers in the TW market (5.24%).
Stability and Growth of Payments
Stable Dividend: 1605's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1605's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.9%), 1605'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?
Average management tenure
Mr. Wen-Hu Pan, also known as Fred, has been President of Walsin Lihwa Corporation since June 13, 2019 and serves as its Senior General Manager of Commerce & Real Estate BU. Mr. Pan served as Vice Presiden...
|President and Senior GM of Commerce & Real Estate BU||1.42yrs||no data||0.0033% |
|Executive VP & VP of Finance||0.25yr||no data||0.0073% |
|Director of Accounting||2.67yrs||no data||no data|
|Company Secretary||0.83yr||no data||no data|
|Chief of Staff & Head of HR Department||1yr||no data||no data|
|President of Insulated Wire & Cable Business Group||0.83yr||no data||0.0016% |
|President of Stainless Steel Business Group||0.83yr||no data||no data|
|President of Commodity Business Group||0.83yr||no data||no data|
|Copper Wire BU Controller||no data||no data||no data|
Experienced Management: 1605's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Director||0.50yr||no data||no data|
|Vice Chairman||4.33yrs||NT$132.00k||2.85% |
|Independent Director||6.42yrs||NT$634.50k||no data|
|Independent Director||6.42yrs||NT$630.67k||no data|
|Independent Director||6.42yrs||NT$742.50k||0.000030% |
|Independent Director||3.5yrs||no data||no data|
Experienced Board: 1605's board of directors are considered experienced (6.4 years average tenure).
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.
Walsin Lihwa Corporation's company bio, employee growth, exchange listings and data sources
- Name: Walsin Lihwa Corporation
- Ticker: 1605
- Exchange: TSEC
- Founded: 1966
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: NT$59.197b
- Shares outstanding: 3.23b
- Website: https://www.walsin.com
Number of Employees
- Walsin Lihwa Corporation
- No. 1, Songzhi Road
- 25th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1605||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Jul 1986|
|WLSRS||BDL (Bourse de Luxembourg)||GDR-EACH REPR 10 SHS TWD10 REG S||LU||USD||Oct 1995|
|WLSR1||BDL (Bourse de Luxembourg)||GDR 144A||LU||USD||Mar 2001|
Walsin Lihwa Corporation manufactures and sells bare copper wires, wires and cables, and specialty steel products in Asia, the United States, Europe, and internationally. The company offers copper bars, po...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 08:35|
|End of Day Share Price||2020/11/26 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.