TSEC:6409

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Voltronic Power Technology

Executive Summary

Voltronic Power Technology Corp. primarily designs, manufactures, markets, introduces, and sells uninterruptible power systems (UPS) in Taiwan and China. More Details


Snowflake Analysis

High growth potential with solid track record.


Similar Companies

Share Price & News

How has Voltronic Power Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6409 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 6409's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.4%

6409

1.7%

TW Electrical

0.7%

TW Market


1 Year Return

30.4%

6409

19.6%

TW Electrical

20.2%

TW Market

Return vs Industry: 6409 exceeded the TW Electrical industry which returned 19.6% over the past year.

Return vs Market: 6409 exceeded the TW Market which returned 20.2% over the past year.


Shareholder returns

6409IndustryMarket
7 Day-3.4%1.7%0.7%
30 Day-9.3%3.8%10.3%
90 Day-8.5%4.6%8.7%
1 Year33.6%30.4%24.4%19.6%24.5%20.2%
3 Year111.1%92.2%33.8%18.6%45.9%29.7%
5 Year146.5%109.6%86.0%53.4%96.6%62.2%

Long-Term Price Volatility Vs. Market

How volatile is Voltronic Power Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Voltronic Power Technology undervalued compared to its fair value and its price relative to the market?

34.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6409 (NT$889) is trading above our estimate of fair value (NT$488.02)

Significantly Below Fair Value: 6409 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6409 is poor value based on its PE Ratio (34.1x) compared to the TW Electrical industry average (16.7x).

PE vs Market: 6409 is poor value based on its PE Ratio (34.1x) compared to the TW market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: 6409 is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: 6409 is overvalued based on its PB Ratio (16.1x) compared to the TW Electrical industry average (1.5x).


Next Steps

Future Growth

How is Voltronic Power Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6409's forecast earnings growth (20.8% per year) is above the savings rate (0.9%).

Earnings vs Market: 6409's earnings (20.8% per year) are forecast to grow faster than the TW market (16.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6409's revenue (13.9% per year) is forecast to grow faster than the TW market (9.4% per year).

High Growth Revenue: 6409's revenue (13.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6409's Return on Equity is forecast to be very high in 3 years time (45.2%).


Next Steps

Past Performance

How has Voltronic Power Technology performed over the past 5 years?

11.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6409 has high quality earnings.

Growing Profit Margin: 6409's current net profit margins (16.9%) are higher than last year (16.5%).


Past Earnings Growth Analysis

Earnings Trend: 6409's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: 6409's earnings growth over the past year (9%) is below its 5-year average (11.8% per year).

Earnings vs Industry: 6409 earnings growth over the past year (9%) exceeded the Electrical industry 1.8%.


Return on Equity

High ROE: 6409's Return on Equity (46.9%) is considered outstanding.


Next Steps

Financial Health

How is Voltronic Power Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 6409's short term assets (NT$9.8B) exceed its short term liabilities (NT$7.8B).

Long Term Liabilities: 6409's short term assets (NT$9.8B) exceed its long term liabilities (NT$275.6M).


Debt to Equity History and Analysis

Debt Level: 6409's debt to equity ratio (38.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 6409's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6409's debt is well covered by operating cash flow (152.9%).

Interest Coverage: 6409 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Voltronic Power Technology current dividend yield, its reliability and sustainability?

2.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6409's dividend (2.49%) is higher than the bottom 25% of dividend payers in the TW market (2.1%).

High Dividend: 6409's dividend (2.49%) is low compared to the top 25% of dividend payers in the TW market (5.17%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 6409 has been paying a dividend for less than 10 years.

Growing Dividend: 6409's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (84.8%), 6409's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 6409's dividends in 3 years are forecast to be covered by earnings (75% payout ratio).


Next Steps

Management

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

6.0yrs

Average management tenure


CEO

Juor-Ming Hsieh

no data

Tenure

Mr. Juor-Ming Hsieh serves as the Chairman and General Manager of Voltronic Power Technology Corporation and has been its Director since May 1, 2008. Mr. Hsieh served as the Chairman of Ming Fang Internati...


Leadership Team

NamePositionTenureCompensationOwnership
Juor-Ming Hsieh
Chairman & GMno datano datano data
Kuo-Chin Wang
Financial Manager12.58yrsno datano data
Hui-Hua Yang
Division Chief of Audit9.5yrsno datano data
Chia-Yi Wang
Vice General Manager12.58yrsno data0.39%
NT$ 304.6m
Chih-Hsin Chin
Vice General Manager2.5yrsno data0.79%
NT$ 616.1m
Yi-Ju Chen
Chief Governance Officer1.08yrsno datano data
Yvonne Chen
Company Secretary1.08yrsno datano data

6.0yrs

Average Tenure

Experienced Management: 6409's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Juor-Ming Hsieh
Chairman & GMno datano datano data
Tsui-Fang Chen
Director12.58yrsno datano data
Ya-Jen Cheng
Director5.5yrsno datano data
Chien-Jan Lee
Independent Director8yrsno datano data
Ching-Hsi Yang
Independent Director7.17yrsno datano data
Hsiu-Chih Wang
Independent Director2.5yrsno datano data
Passuello Fabio
Director2.5yrsno datano data
Yun-Hsuan Ho
Independent Director1.5yrsno datano data

5.5yrs

Average Tenure

Experienced Board: 6409's board of directors are considered experienced (5.5 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

Voltronic Power Technology Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Voltronic Power Technology Corp.
  • Ticker: 6409
  • Exchange: TSEC
  • Founded: 2008
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: NT$77.733b
  • Shares outstanding: 87.44m
  • Website: https://www.voltronicpower.com

Location

  • Voltronic Power Technology Corp.
  • No. 406, Xinhu 1st Road
  • Neihu District
  • Taipei
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6409TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDFeb 2013

Biography

Voltronic Power Technology Corp. primarily designs, manufactures, markets, introduces, and sells uninterruptible power systems (UPS) in Taiwan and China. The company provides DC, standby, line interactive,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 08:33
End of Day Share Price2020/12/02 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.