Voltronic Power Technology Corp. primarily designs, manufactures, markets, introduces, and sells uninterruptible power systems (UPS) in Taiwan and China. More Details
High growth potential with solid track record.
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.
7 Day Return
1 Year Return
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.
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
6 days ago | Simply Wall StWhat To Know Before Buying Voltronic Power Technology Corp. (TPE:6409) For Its Dividend
2 weeks ago | Simply Wall StVoltronic Power Technology Corp. Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
3 weeks ago | Simply Wall StWe Think Voltronic Power Technology's (TPE:6409) Statutory Profit Might Understate Its Earnings Potential
Is Voltronic Power Technology undervalued compared to its fair value and its price relative to the market?
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).
How is Voltronic Power Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
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%).
How has Voltronic Power Technology performed over the past 5 years?
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.
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.
What is Voltronic Power Technology current dividend yield, its reliability and sustainability?
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).
How experienced are the management team and are they aligned to shareholders interests?
Average management 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...
|Chairman & GM||no data||no data||no data|
|Financial Manager||12.58yrs||no data||no data|
|Division Chief of Audit||9.5yrs||no data||no data|
|Vice General Manager||12.58yrs||no data||0.39% |
|Vice General Manager||2.5yrs||no data||0.79% |
|Chief Governance Officer||1.08yrs||no data||no data|
|Company Secretary||1.08yrs||no data||no data|
Experienced Management: 6409's management team is seasoned and experienced (6 years average tenure).
|Chairman & GM||no data||no data||no data|
|Director||12.58yrs||no data||no data|
|Director||5.5yrs||no data||no data|
|Independent Director||8yrs||no data||no data|
|Independent Director||7.17yrs||no data||no data|
|Independent Director||2.5yrs||no data||no data|
|Director||2.5yrs||no data||no data|
|Independent Director||1.5yrs||no data||no data|
Experienced Board: 6409's board of directors are considered experienced (5.5 years average tenure).
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.
Voltronic Power Technology Corp.'s company bio, employee growth, exchange listings and data sources
- 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
- Voltronic Power Technology Corp.
- No. 406, Xinhu 1st Road
- Neihu District
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|6409||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Feb 2013|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 08:33|
|End of Day Share Price||2020/12/02 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.