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Khgears International

Market Cap

NT$8.0b

Last Updated

2021/04/11 08:38 UTC

Data Sources

Company Financials

Executive Summary

Khgears International Limited researches, develops, manufactures, and sells gears and gearboxes in Asia, the United States, and Europe. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Khgears International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4571 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 4571's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

8.4%

4571

4.6%

TW Machinery

1.9%

TW Market


1 Year Return

230.1%

4571

68.7%

TW Machinery

66.4%

TW Market

Return vs Industry: 4571 exceeded the TW Machinery industry which returned 68.5% over the past year.

Return vs Market: 4571 exceeded the TW Market which returned 66.6% over the past year.


Shareholder returns

4571IndustryMarket
7 Day8.4%4.6%1.9%
30 Day-8.9%7.6%4.8%
90 Day90.9%9.7%9.9%
1 Year247.0%230.1%73.4%68.7%72.2%66.4%
3 Yearn/a24.8%14.1%71.1%51.6%
5 Yearn/a139.4%101.9%132.3%91.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Khgears International undervalued compared to its fair value and its price relative to the market?

28.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 4571 (NT$168) is trading above our estimate of fair value (NT$54.19)

Significantly Below Fair Value: 4571 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 4571 is poor value based on its PE Ratio (28x) compared to the TW Machinery industry average (19.7x).

PE vs Market: 4571 is poor value based on its PE Ratio (28x) compared to the TW market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4571's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4571 is overvalued based on its PB Ratio (4.5x) compared to the TW Machinery industry average (1.8x).


Future Growth

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

24.4%

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 Khgears International 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.


Past Performance

How has Khgears International performed over the past 5 years?

13.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4571 has high quality earnings.

Growing Profit Margin: 4571's current net profit margins (13.8%) are lower than last year (13.9%).


Past Earnings Growth Analysis

Earnings Trend: 4571's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: 4571's earnings growth over the past year (29.2%) exceeds its 5-year average (13.3% per year).

Earnings vs Industry: 4571 earnings growth over the past year (29.2%) exceeded the Machinery industry 5.6%.


Return on Equity

High ROE: 4571's Return on Equity (15.9%) is considered low.


Financial Health

How is Khgears International's financial position?


Financial Position Analysis

Short Term Liabilities: 4571's short term assets (NT$1.9B) exceed its short term liabilities (NT$766.3M).

Long Term Liabilities: 4571's short term assets (NT$1.9B) exceed its long term liabilities (NT$68.0M).


Debt to Equity History and Analysis

Debt Level: 4571 is debt free.

Reducing Debt: 4571 had no debt 5 years ago.

Debt Coverage: 4571 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4571 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Khgears International current dividend yield, its reliability and sustainability?

2.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 4571's dividend (2.14%) is higher than the bottom 25% of dividend payers in the TW market (2%).

High Dividend: 4571's dividend (2.14%) is low compared to the top 25% of dividend payers in the TW market (4.82%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 4571's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 4571's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60%), 4571'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.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Chao-Wen Chung

7yrs

Tenure

Mr. Chao Wen Chung serves as Director and Chief Executive Officer of Khgears International Limited since April 30, 2014. He serves as Director and CEO of Forcefive Limited Director of KWOK HING (CHINA) DEV...


Leadership Team

Experienced Management: 4571's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: 4571's board of directors are considered experienced (7 years average tenure).


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

Khgears International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Khgears International Limited
  • Ticker: 4571
  • Exchange: TSEC
  • Founded: 2014
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: NT$7.997b
  • Shares outstanding: 47.60m
  • Website: https://www.khgears.com

Location

  • Khgears International Limited
  • The Grand Pavilion Commercial Centre
  • 802 West Bay Road
  • Grand Cayman
  • Grand Cayman
  • KY1-1208
  • Cayman Islands

Listings


Biography

Khgears International Limited researches, develops, manufactures, and sells gears and gearboxes in Asia, the United States, and Europe. It offers precision gears, such as spiral bevel and cylindrical gears...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:38
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.