How does 1608's PE Ratio compare to its peers?

1608 is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (21.4x).

How does 1608's PE Ratio compare vs other companies in the TW Electrical Industry?

1608 is good value based on its Price-To-Earnings Ratio (14x) compared to the TW Electrical industry average (25.7x).

What is 1608's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 1608's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 1608 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1608 (NT$29.25) is trading below our estimate of [[fair value]] (NT$200.88)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Hua Eng Wire & Cable (TWSE:1608) - Stock Price, News & Analysis

1608 Stock Overview

Engages in the processing, manufacture, construction, and sale of wire, cable, and copper products in Taiwan. More details

1608 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 85.4% below our estimate of its fair value

Earnings grew by 7.3% over the past year

Risk Analysis

Unstable dividend track record

Hua Eng Wire & Cable Co., Ltd. Competitors

Song Chuan Precision

TPEX:7788

NT$12.3b

Kung Long Batteries IndustrialLtd

TWSE:1537

NT$11.9b

K.S. Terminals

TWSE:3003

NT$11.8b

Longwell

TPEX:6290

NT$11.3b

Price History & Performance

Summary of all time highs, changes and price drops for Hua Eng Wire & Cable
Historical stock prices
Current Share Price	NT$29.25
52 Week High	NT$47.45
52 Week Low	NT$19.50
Beta	0.99
11 Month Change	-4.72%
3 Month Change	-16.90%
1 Year Change	49.62%
33 Year Change	30.00%
5 Year Change	199.69%
Change since IPO	-46.86%

Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues

Nov 14

Little Excitement Around Hua Eng Wire & Cable Co., Ltd.'s (TWSE:1608) Earnings

Aug 07

Recent updates

Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues

Nov 14

Little Excitement Around Hua Eng Wire & Cable Co., Ltd.'s (TWSE:1608) Earnings

Aug 07

Hua Eng Wire & Cable (TWSE:1608) Will Pay A Larger Dividend Than Last Year At NT$1.00

Jun 22

Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues

Mar 15

Hua Eng Wire & Cable Co., Ltd. (TWSE:1608) Held Back By Insufficient Growth Even After Shares Climb 28%

Mar 14

Here's Why We Don't Think Hua Eng Wire & Cable's (TPE:1608) Statutory Earnings Reflect Its Underlying Earnings Potential

Feb 10

Shareholders Of Hua Eng Wire & Cable (TPE:1608) Must Be Happy With Their 102% Total Return

Jan 23

Hua Eng Wire & Cable Co., Ltd.'s (TPE:1608) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Jan 05

Should You Or Shouldn't You: A Dividend Analysis on Hua Eng Wire & Cable Co., Ltd. (TPE:1608)

Dec 21

Insufficient Growth At Hua Eng Wire & Cable Co., Ltd. (TPE:1608) Hampers Share Price

Dec 06

Returns On Capital - An Important Metric For Hua Eng Wire & Cable (TPE:1608)

Nov 18

Shareholder Returns

	1608	TW Electrical	TW Market
7D	-1.0%	-0.5%	-3.4%
1Y	49.6%	27.8%	30.2%

Return vs Industry: 1608 exceeded the TW Electrical industry which returned 27.8% over the past year.

Return vs Market: 1608 exceeded the TW Market which returned 30.2% over the past year.

Price Volatility

Is 1608's price volatile compared to industry and market?
1608 volatility
1608 Average Weekly Movement	3.7%
Electrical Industry Average Movement	4.7%
Market Average Movement	4.6%
10% most volatile stocks in TW Market	8.1%
10% least volatile stocks in TW Market	2.1%

Stable Share Price: 1608 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1608's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1956	n/a	Hua-Chih Huang	www.hegroup.com.tw

Hua Eng Wire & Cable Co., Ltd. engages in the processing, manufacture, construction, and sale of wire, cable, and copper products in Taiwan. The company offers oxygen-free copper rods and wires, bare copper wire,aluminum conductor; turn-key engineering, optical fiber, power, and communication cable.

Hua Eng Wire & Cable Co., Ltd. Fundamentals Summary

How do Hua Eng Wire & Cable's earnings and revenue compare to its market cap?
1608 fundamental statistics
Market cap	NT$12.41b
Earnings (TTM)	NT$886.82m
Revenue (TTM)	NT$11.22b

14.0x

P/E Ratio

1.1x

P/S Ratio

Is 1608 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1608 income statement (TTM)
Revenue	NT$11.22b
Cost of Revenue	NT$10.30b
Gross Profit	NT$919.42m
Other Expenses	NT$32.60m
Earnings	NT$886.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.09
Gross Margin	8.19%
Net Profit Margin	7.90%
Debt/Equity Ratio	34.9%

How did 1608 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

48%

Payout Ratio

1608 Stock Overview

Rewards

Risk Analysis

Hua Eng Wire & Cable Co., Ltd. Competitors

TPEX:7788

NT$12.3b

TWSE:1537

NT$11.9b

TWSE:3003

NT$11.8b

TPEX:6290

NT$11.3b

Price History & Performance

Recent News & Updates

Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues

Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.17 in 3Q 2023)

Hua Eng Wire & Cable Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: NT$0.50 (vs NT$0.53 in 2Q 2023)

Little Excitement Around Hua Eng Wire & Cable Co., Ltd.'s (TWSE:1608) Earnings

Recent updates

Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues

Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.17 in 3Q 2023)

Hua Eng Wire & Cable Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: NT$0.50 (vs NT$0.53 in 2Q 2023)

Little Excitement Around Hua Eng Wire & Cable Co., Ltd.'s (TWSE:1608) Earnings

Hua Eng Wire & Cable Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024

Upcoming dividend of NT$1.00 per share

Hua Eng Wire & Cable Co., Ltd. Announces Change of Institutional Director

Hua Eng Wire & Cable (TWSE:1608) Will Pay A Larger Dividend Than Last Year At NT$1.00

Dividend increased to NT$1.00

Hua Eng Wire & Cable Co., Ltd. Announces Cash Dividend Payable on August 15, 2024

First quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.84 in 1Q 2023)

Hua Eng Wire & Cable Co., Ltd. to Report Q1, 2024 Results on May 06, 2024

Investor sentiment deteriorates as stock falls 19%

New minor risk - Share price stability

Investor sentiment improves as stock rises 21%

Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues

Investor sentiment improves as stock rises 15%

Hua Eng Wire & Cable Co., Ltd. (TWSE:1608) Held Back By Insufficient Growth Even After Shares Climb 28%

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: NT$2.23 (vs NT$0.086 loss in FY 2022)

Hua Eng Wire & Cable Co., Ltd. Proposes Cash Dividend for the Year Ended December 31, 2023

Now 20% undervalued after recent price drop

Hua Eng Wire & Cable Co., Ltd. Announces Executive Changes

Hua Eng Wire & Cable Co., Ltd. Announces Change of President

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: NT$0.53 (vs NT$0.32 loss in 2Q 2022)

Upcoming dividend of NT$0.40 per share at 1.7% yield

Hua Eng Wire & Cable Co., Ltd. Announces Cash Dividend, Payable on August 16, 2023

Hua Eng Wire & Cable Co., Ltd. Announces Institutional Director Changes

Hua Eng Wire & Cable Co., Ltd.Elects Wang Wen-Ling as Director

Investor sentiment improves as stock rises 20%

Full year 2022 earnings released: NT$0.09 loss per share (vs NT$3.27 profit in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$0.03 (vs NT$0.24 in 3Q 2021)

Now 24% undervalued after recent price drop

Investor sentiment improved over the past week

Second quarter 2022 earnings released: NT$0.32 loss per share (vs NT$0.25 profit in 2Q 2021)

Hua Eng Wire & Cable Co., Ltd. Announces Executive Changes

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$1.50 per share

Now 22% undervalued after recent price drop

Hua Eng Wire & Cable Co., Ltd. Announces Cash Dividend, Payable on August 11, 2022

Now 23% undervalued after recent price drop

First quarter 2022 earnings released: NT$0.21 loss per share (vs NT$2.06 profit in 1Q 2021)

Less than half of directors are independent

Hua Eng Wire & Cable Co., Ltd., Annual General Meeting, Jun 16, 2022

Less than half of directors are independent

Hua Eng Wire & Cable Co., Ltd. Announces Executive Changes

Third quarter 2021 earnings released: EPS NT$0.24 (vs NT$0.47 in 3Q 2020)

Upcoming dividend of NT$0.70 per share

Second quarter 2021 earnings released: EPS NT$0.25 (vs NT$1.72 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$2.06 (vs NT$2.49 loss in 1Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Is Hua Eng Wire & Cable Co., Ltd. (TPE:1608) At Risk Of Cutting Its Dividend?