TSEC:1618

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Hold-Key Electric Wire & Cable

Executive Summary

Hold-Key Electric Wire & Cable Co., Ltd manufactures and sells cable products in Taiwan. More Details

Rewards

Trading at 58.5% below our estimate of its fair value

Became profitable this year

Risk Analysis

No risks detected for 1618 from our risk checks.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Hold-Key Electric Wire & Cable's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1618 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1618's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

6.5%

1618

1.5%

TW Electrical

-0.04%

TW Market


1 Year Return

40.2%

1618

18.0%

TW Electrical

17.8%

TW Market

Return vs Industry: 1618 exceeded the TW Electrical industry which returned 18% over the past year.

Return vs Market: 1618 exceeded the TW Market which returned 17.8% over the past year.


Shareholder returns

1618IndustryMarket
7 Day6.5%1.5%-0.04%
30 Day2.1%2.3%6.2%
90 Day35.4%6.6%7.0%
1 Year45.1%40.2%22.7%18.0%22.0%17.8%
3 Year40.0%26.3%28.9%14.3%42.1%26.4%
5 Year109.0%74.3%83.1%51.0%93.0%59.1%

Long-Term Price Volatility Vs. Market

How volatile is Hold-Key Electric Wire & Cable's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hold-Key Electric Wire & Cable undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1618 (NT$12.25) is trading below our estimate of fair value (NT$29.49)

Significantly Below Fair Value: 1618 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1618 is good value based on its PE Ratio (12.2x) compared to the TW Electrical industry average (16.2x).

PE vs Market: 1618 is good value based on its PE Ratio (12.2x) compared to the TW market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1618's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1618 is good value based on its PB Ratio (0.7x) compared to the TW Electrical industry average (1.4x).


Next Steps

Future Growth

How is Hold-Key Electric Wire & Cable 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 Hold-Key Electric Wire & Cable 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 Hold-Key Electric Wire & Cable performed over the past 5 years?

-5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1618 has high quality earnings.

Growing Profit Margin: 1618 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1618 has become profitable over the past 5 years, growing earnings by -5.1% per year.

Accelerating Growth: 1618 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1618 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (1.8%).


Return on Equity

High ROE: 1618's Return on Equity (5.7%) is considered low.


Next Steps

Financial Health

How is Hold-Key Electric Wire & Cable's financial position?


Financial Position Analysis

Short Term Liabilities: 1618's short term assets (NT$2.6B) exceed its short term liabilities (NT$501.3M).

Long Term Liabilities: 1618's short term assets (NT$2.6B) exceed its long term liabilities (NT$49.4M).


Debt to Equity History and Analysis

Debt Level: 1618 is debt free.

Reducing Debt: 1618 has not had any debt for past 5 years.

Debt Coverage: 1618 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1618 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hold-Key Electric Wire & Cable current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1618's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1618's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1618's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1618's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1618 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1618'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

Hold-Key Electric Wire & Cable 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

Hold-Key Electric Wire & Cable Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hold-Key Electric Wire & Cable Co., Ltd
  • Ticker: 1618
  • Exchange: TSEC
  • Founded: 1989
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: NT$2.878b
  • Shares outstanding: 240.87m
  • Website: https://www.hold-key.com.tw

Location

  • Hold-Key Electric Wire & Cable Co., Ltd
  • No. 85, Chung Hsiao East Road
  • 19th Floor
  • Taipei
  • 100
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1618TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDAug 1999

Biography

Hold-Key Electric Wire & Cable Co., Ltd manufactures and sells cable products in Taiwan. The company offers XLPE power, electric, aluminum, rubber, communication, fiber optic, EV charging, and LAN cables; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 08:49
End of Day Share Price2020/11/26 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.