company background image
1609 logo

Ta Ya Electric Wire & Cable TWSE:1609 Stock Report

Last Price

NT$42.25

Market Cap

NT$32.6b

7D

-4.3%

1Y

32.6%

Updated

17 Dec, 2024

Data

Company Financials +

Ta Ya Electric Wire & Cable Co., Ltd.

TWSE:1609 Stock Report

Market Cap: NT$32.6b

1609 Stock Overview

Engages in the manufacture and sale of electric wires and cables in Taiwan and rest of Asia. More details

1609 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends3/6

Rewards

Price-To-Earnings ratio (19x) is below the TW market (21.3x)

Revenue is forecast to grow 9.5% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shareholders have been diluted in the past year

Dividend of 2.71% is not well covered by free cash flows

Profit margins (5.8%) are lower than last year (11.2%)


My Notes

Capture your thoughts, links and company narrative

Ta Ya Electric Wire & Cable Co., Ltd. Competitors

Cyber Power Systems

TWSE:3617

NT$32.9b

Chicony Power Technology

TWSE:6412

NT$46.3b

Allis ElectricLtd

TWSE:1514

NT$26.2b

Ta Tun Electric Wire & Cable

TPEX:1623

NT$13.7b

Price History & Performance

Summary of share price highs, lows and changes for Ta Ya Electric Wire & Cable
Historical stock prices
Current Share PriceNT$42.25
52 Week HighNT$64.76
52 Week LowNT$31.52
Beta1.01
1 Month Change-6.94%
3 Month Change-16.50%
1 Year Change32.62%
3 Year Change89.53%
5 Year Change340.70%
Change since IPO159.91%

Recent News & Updates

Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Business Is Yet to Catch Up With Its Share Price

Dec 16
Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Business Is Yet to Catch Up With Its Share Price

Ta Ya Electric Wire & Cable's (TWSE:1609) Anemic Earnings Might Be Worse Than You Think

Nov 19
Ta Ya Electric Wire & Cable's (TWSE:1609) Anemic Earnings Might Be Worse Than You Think

Ta Ya Electric Wire & Cable (TWSE:1609) Is Doing The Right Things To Multiply Its Share Price

Oct 04
Ta Ya Electric Wire & Cable (TWSE:1609) Is Doing The Right Things To Multiply Its Share Price

Recent updates

Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Business Is Yet to Catch Up With Its Share Price

Dec 16
Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Business Is Yet to Catch Up With Its Share Price

Ta Ya Electric Wire & Cable's (TWSE:1609) Anemic Earnings Might Be Worse Than You Think

Nov 19
Ta Ya Electric Wire & Cable's (TWSE:1609) Anemic Earnings Might Be Worse Than You Think

Ta Ya Electric Wire & Cable (TWSE:1609) Is Doing The Right Things To Multiply Its Share Price

Oct 04
Ta Ya Electric Wire & Cable (TWSE:1609) Is Doing The Right Things To Multiply Its Share Price

Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Price Is Out Of Tune With Earnings

Aug 07
Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Price Is Out Of Tune With Earnings

These 4 Measures Indicate That Ta Ya Electric Wire & Cable (TWSE:1609) Is Using Debt Extensively

Jul 15
These 4 Measures Indicate That Ta Ya Electric Wire & Cable (TWSE:1609) Is Using Debt Extensively

Returns Are Gaining Momentum At Ta Ya Electric Wire & Cable (TWSE:1609)

Jun 15
Returns Are Gaining Momentum At Ta Ya Electric Wire & Cable (TWSE:1609)

Market Might Still Lack Some Conviction On Ta Ya Electric Wire & Cable Co., Ltd. (TWSE:1609) Even After 26% Share Price Boost

Apr 09
Market Might Still Lack Some Conviction On Ta Ya Electric Wire & Cable Co., Ltd. (TWSE:1609) Even After 26% Share Price Boost

Ta Ya Electric Wire & Cable's (TWSE:1609) Earnings Might Be Weaker Than You Think

Mar 25
Ta Ya Electric Wire & Cable's (TWSE:1609) Earnings Might Be Weaker Than You Think

Key Things To Watch Out For If You Are After Ta Ya Electric Wire & Cable's (TPE:1609) 1.0% Dividend

Apr 30
Key Things To Watch Out For If You Are After Ta Ya Electric Wire & Cable's (TPE:1609) 1.0% Dividend

Ta Ya Electric Wire & Cable (TPE:1609) Takes On Some Risk With Its Use Of Debt

Mar 27
Ta Ya Electric Wire & Cable (TPE:1609) Takes On Some Risk With Its Use Of Debt

What Can The Trends At Ta Ya Electric Wire & Cable (TPE:1609) Tell Us About Their Returns?

Mar 12
What Can The Trends At Ta Ya Electric Wire & Cable (TPE:1609) Tell Us About Their Returns?

Did You Participate In Any Of Ta Ya Electric Wire & Cable's (TPE:1609) Incredible 393% Return?

Feb 25
Did You Participate In Any Of Ta Ya Electric Wire & Cable's (TPE:1609) Incredible 393% Return?

I Ran A Stock Scan For Earnings Growth And Ta Ya Electric Wire & Cable (TPE:1609) Passed With Ease

Feb 10
I Ran A Stock Scan For Earnings Growth And Ta Ya Electric Wire & Cable (TPE:1609) Passed With Ease

Key Things To Watch Out For If You Are After Ta Ya Electric Wire & Cable's (TPE:1609) 1.7% Dividend

Jan 28
Key Things To Watch Out For If You Are After Ta Ya Electric Wire & Cable's (TPE:1609) 1.7% Dividend

A Closer Look At Ta Ya Electric Wire & Cable's (TPE:1609) Impressive ROE

Jan 15
A Closer Look At Ta Ya Electric Wire & Cable's (TPE:1609) Impressive ROE

Ta Ya Electric Wire & Cable's (TPE:1609) Earnings Are Growing But Is There More To The Story?

Jan 02
Ta Ya Electric Wire & Cable's (TPE:1609) Earnings Are Growing But Is There More To The Story?

Is Ta Ya Electric Wire & Cable (TPE:1609) Using Too Much Debt?

Dec 20
Is Ta Ya Electric Wire & Cable (TPE:1609) Using Too Much Debt?

What We Make Of Ta Ya Electric Wire & Cable's (TPE:1609) Returns On Capital

Dec 07
What We Make Of Ta Ya Electric Wire & Cable's (TPE:1609) Returns On Capital

Ta Ya Electric Wire & Cable (TPE:1609) Has Rewarded Shareholders With An Exceptional 380% Total Return On Their Investment

Nov 24
Ta Ya Electric Wire & Cable (TPE:1609) Has Rewarded Shareholders With An Exceptional 380% Total Return On Their Investment

Shareholder Returns

1609TW ElectricalTW Market
7D-4.3%-4.9%-1.3%
1Y32.6%16.4%27.8%

Return vs Industry: 1609 exceeded the TW Electrical industry which returned 16.4% over the past year.

Return vs Market: 1609 exceeded the TW Market which returned 27.8% over the past year.

Price Volatility

Is 1609's price volatile compared to industry and market?
1609 volatility
1609 Average Weekly Movement3.2%
Electrical Industry Average Movement4.6%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.0%

Stable Share Price: 1609 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1609's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19551,686Shang-Hong Shenwww.taya.com.tw

Ta Ya Electric Wire & Cable Co., Ltd. engages in the manufacture and sale of electric wires and cables in Taiwan and rest of Asia. The company offers power cable, telecommunication cable, optical fiber cable, and lead-free PVC and green wire, as well as heat resistant, flame retardant, and fire-resistant cable; and triple insulation layers and enameled wires.

Ta Ya Electric Wire & Cable Co., Ltd. Fundamentals Summary

How do Ta Ya Electric Wire & Cable's earnings and revenue compare to its market cap?
1609 fundamental statistics
Market capNT$32.60b
Earnings (TTM)NT$1.71b
Revenue (TTM)NT$29.48b

19.0x

P/E Ratio

1.1x

P/S Ratio

Is 1609 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1609 income statement (TTM)
RevenueNT$29.48b
Cost of RevenueNT$25.44b
Gross ProfitNT$4.04b
Other ExpensesNT$2.32b
EarningsNT$1.71b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.22
Gross Margin13.70%
Net Profit Margin5.82%
Debt/Equity Ratio181.3%

How did 1609 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

51%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 03:44
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ta Ya Electric Wire & Cable Co., Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jianhong WuCapital Securities Corporation
Pei-Hsun HsuJih Sun Securities Investment Consulting Co., Ltd.
Chu-Yang YehMasterlink Securities Corp.