TSEC:3052

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Apex Science & Engineering

Executive Summary

Apex Science & Engineering Corp. operates as an engineering and construction manufacturing and service company worldwide. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Apex Science & Engineering's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3052 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 3052's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

3.3%

3052

1.4%

TW Construction

0.9%

TW Market


1 Year Return

-5.0%

3052

19.2%

TW Construction

18.7%

TW Market

Return vs Industry: 3052 underperformed the TW Construction industry which returned 19.2% over the past year.

Return vs Market: 3052 underperformed the TW Market which returned 18.7% over the past year.


Shareholder returns

3052IndustryMarket
7 Day3.3%1.4%0.9%
30 Day10.8%3.3%7.1%
90 Day0%8.6%8.2%
1 Year-1.0%-5.0%25.2%19.2%23.0%18.7%
3 Year66.7%48.4%59.1%36.9%44.9%28.8%
5 Year44.3%17.1%103.2%58.6%94.4%60.3%

Long-Term Price Volatility Vs. Market

How volatile is Apex Science & Engineering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Apex Science & Engineering 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: 3052 (NT$12.35) is trading below our estimate of fair value (NT$1261.38)

Significantly Below Fair Value: 3052 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3052 is good value based on its PE Ratio (4.7x) compared to the TW Construction industry average (15.8x).

PE vs Market: 3052 is good value based on its PE Ratio (4.7x) compared to the TW market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3052's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3052 is good value based on its PB Ratio (0.9x) compared to the TW Construction industry average (1.1x).


Next Steps

Future Growth

How is Apex Science & Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

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 Apex Science & Engineering 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 Apex Science & Engineering performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3052 has high quality earnings.

Growing Profit Margin: 3052 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 3052's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: 3052 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 3052 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (6.7%).


Return on Equity

High ROE: 3052's Return on Equity (16.8%) is considered low.


Next Steps

Financial Health

How is Apex Science & Engineering's financial position?


Financial Position Analysis

Short Term Liabilities: 3052's short term assets (NT$6.6B) exceed its short term liabilities (NT$3.6B).

Long Term Liabilities: 3052's short term assets (NT$6.6B) exceed its long term liabilities (NT$556.3M).


Debt to Equity History and Analysis

Debt Level: 3052's debt to equity ratio (75.4%) is considered high.

Reducing Debt: 3052's debt to equity ratio has reduced from 116% to 75.4% over the past 5 years.

Debt Coverage: 3052's debt is well covered by operating cash flow (149.6%).

Interest Coverage: 3052's interest payments on its debt are well covered by EBIT (38.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Apex Science & Engineering current dividend yield, its reliability and sustainability?

4.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3052's dividend (4.05%) is higher than the bottom 25% of dividend payers in the TW market (2.14%).

High Dividend: 3052's dividend (4.05%) is low compared to the top 25% of dividend payers in the TW market (5.23%).


Stability and Growth of Payments

Stable Dividend: 3052's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3052's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.1%), 3052'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Apex Science & Engineering 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 been diluted in the past year, with total shares outstanding growing by 12.8%.


Top Shareholders

Company Information

Apex Science & Engineering Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Apex Science & Engineering Corp.
  • Ticker: 3052
  • Exchange: TSEC
  • Founded: 1976
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: NT$2.714b
  • Shares outstanding: 226.19m
  • Website: https://www.apexgrp.com.tw

Location

  • Apex Science & Engineering Corp.
  • No.112, Shin-Min Street
  • 4th Floor
  • New Taipei City
  • 235
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3052TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDDec 1995

Biography

Apex Science & Engineering Corp. operates as an engineering and construction manufacturing and service company worldwide. It provides integrated engineering services, such as mechanical, electrical and ins...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 08:32
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.