Audix Corporation manufactures and distributes electronic components. More Details
Undervalued with solid track record and pays a dividend.
Share Price & News
How has Audix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2459 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2459's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2459 underperformed the TW Electrical industry which returned 18% over the past year.
Return vs Market: 2459 underperformed the TW Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Audix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 hours ago | Simply Wall StAudix (TPE:2459) Could Easily Take On More Debt
1 week ago | Simply Wall StWhat To Know Before Buying Audix Corporation (TPE:2459) For Its Dividend
3 weeks ago | Simply Wall StShareholders Of Audix (TPE:2459) Must Be Happy With Their 86% Return
Is Audix 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: 2459 (NT$46.75) is trading below our estimate of fair value (NT$129.76)
Significantly Below Fair Value: 2459 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2459 is good value based on its PE Ratio (10.4x) compared to the TW Electrical industry average (16.2x).
PE vs Market: 2459 is good value based on its PE Ratio (10.4x) compared to the TW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2459's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2459 is good value based on its PB Ratio (1.1x) compared to the TW Electrical industry average (1.4x).
How is Audix 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 Audix 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 Audix 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 Audix performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2459 has high quality earnings.
Growing Profit Margin: 2459's current net profit margins (7.2%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 2459's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: 2459's earnings growth over the past year (13.3%) exceeds its 5-year average (3.1% per year).
Earnings vs Industry: 2459 earnings growth over the past year (13.3%) exceeded the Electrical industry 1.8%.
Return on Equity
High ROE: 2459's Return on Equity (11.2%) is considered low.
How is Audix's financial position?
Financial Position Analysis
Short Term Liabilities: 2459's short term assets (NT$6.2B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 2459's short term assets (NT$6.2B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 2459's debt to equity ratio (48.2%) is considered high.
Reducing Debt: 2459's debt to equity ratio has increased from 34.8% to 48.2% over the past 5 years.
Debt Coverage: 2459's debt is well covered by operating cash flow (55.2%).
Interest Coverage: 2459 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Audix current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2459's dividend (6.42%) is higher than the bottom 25% of dividend payers in the TW market (2.15%).
High Dividend: 2459's dividend (6.42%) is in the top 25% of dividend payers in the TW market (5.24%)
Stability and Growth of Payments
Stable Dividend: 2459's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2459's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67%), 2459's dividend payments are 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?
Zheng Hong Zhong
Zheng Hong Zhong serves as Chairman and Managing Director at Audix Corporation.
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.
Audix Corporation's company bio, employee growth, exchange listings and data sources
- Name: Audix Corporation
- Ticker: 2459
- Exchange: TSEC
- Founded: 1980
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: NT$4.942b
- Shares outstanding: 105.60m
- Website: https://www.audix.com
- Audix Corporation
- No.8, Lane 120
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2459||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Oct 1999|
Audix Corporation manufactures and distributes electronic components. The company manufactures electronic components, such as relays, transformers, chokes, and couplers; precision molds and finished produc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 08:41|
|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.