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6593

Taiwan Name Plate TPEX:6593 Stock Report

Last Price

NT$36.70

Market Cap

NT$745.4m

7D

-8.0%

1Y

34.4%

Updated

30 Sep, 2022

Data

Company Financials
6593 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

6593 Stock Overview

Taiwan Name Plate Co., Ltd. manufactures and sells plastic cards, name plates, and membrane switches worldwide.

Taiwan Name Plate Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Taiwan Name Plate
Historical stock prices
Current Share PriceNT$36.70
52 Week HighNT$53.20
52 Week LowNT$27.05
Beta0.59
1 Month Change0.82%
3 Month Change11.89%
1 Year Change34.43%
3 Year Change31.31%
5 Year Change-13.65%
Change since IPO-8.25%

Recent News & Updates

Shareholder Returns

6593TW Commercial ServicesTW Market
7D-8.0%-3.5%-5.5%
1Y34.4%-2.8%-19.3%

Return vs Industry: 6593 exceeded the TW Commercial Services industry which returned -2.8% over the past year.

Return vs Market: 6593 exceeded the TW Market which returned -19.3% over the past year.

Price Volatility

Is 6593's price volatile compared to industry and market?
6593 volatility
6593 Average Weekly Movement6.4%
Commercial Services Industry Average Movement3.2%
Market Average Movement5.2%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 6593 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6593's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970241Ting Rong Wanghttps://www.tnp.com.tw

Taiwan Name Plate Co., Ltd. manufactures and sells plastic cards, name plates, and membrane switches worldwide. The company offers dual interface IC, contactless, and contact only IC cards, as well as card personalization services. It also provides embossed metal dome membrane switches, capacitive touch keypads, and printed circuit boards.

Taiwan Name Plate Fundamentals Summary

How do Taiwan Name Plate's earnings and revenue compare to its market cap?
6593 fundamental statistics
Market CapNT$745.36m
Earnings (TTM)NT$12.05m
Revenue (TTM)NT$561.56m

61.9x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6593 income statement (TTM)
RevenueNT$561.56m
Cost of RevenueNT$426.77m
Gross ProfitNT$134.79m
Other ExpensesNT$122.74m
EarningsNT$12.05m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin24.00%
Net Profit Margin2.14%
Debt/Equity Ratio42.3%

How did 6593 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

117%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 6593 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6593?

Other financial metrics that can be useful for relative valuation.

6593 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA20.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6593's PE Ratio compare to its peers?

6593 PE Ratio vs Peers
The above table shows the PE ratio for 6593 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.9x
8921 Shen's Art Printing
21.3xn/aNT$689.6m
8906 Forward Graphic Enterprise
46.1xn/aNT$620.7m
8401 Bai Sha Technology
8.9xn/aNT$1.2b
8481 Transart Graphics
11.2xn/aNT$3.7b
6593 Taiwan Name Plate
61.9xn/aNT$745.4m

Price-To-Earnings vs Peers: 6593 is expensive based on its Price-To-Earnings Ratio (61.9x) compared to the peer average (21.9x).


Price to Earnings Ratio vs Industry

How does 6593's PE Ratio compare vs other companies in the TW Commercial Services Industry?

Price-To-Earnings vs Industry: 6593 is expensive based on its Price-To-Earnings Ratio (61.9x) compared to the TW Commercial Services industry average (17.9x)


Price to Earnings Ratio vs Fair Ratio

What is 6593'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.

6593 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio61.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6593's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6593 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6593 (NT$36.7) is trading below our estimate of fair value (NT$414.8)

Significantly Below Fair Value: 6593 is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Taiwan Name Plate forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.1%

Forecasted Commercial Services 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 Taiwan Name Plate 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.


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  • Examine Taiwan Name Plate's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Taiwan Name Plate performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-32.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6593 has high quality earnings.

Growing Profit Margin: 6593's current net profit margins (2.1%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 6593's earnings have declined by 32.3% per year over the past 5 years.

Accelerating Growth: 6593's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6593 had negative earnings growth (-54.9%) over the past year, making it difficult to compare to the Commercial Services industry average (13.1%).


Return on Equity

High ROE: 6593's Return on Equity (2.6%) is considered low.


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Financial Health

How is Taiwan Name Plate's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6593's short term assets (NT$295.1M) exceed its short term liabilities (NT$228.5M).

Long Term Liabilities: 6593's short term assets (NT$295.1M) exceed its long term liabilities (NT$142.1M).


Debt to Equity History and Analysis

Debt Level: 6593's net debt to equity ratio (23.3%) is considered satisfactory.

Reducing Debt: 6593's debt to equity ratio has reduced from 63.4% to 42.3% over the past 5 years.

Debt Coverage: 6593's debt is well covered by operating cash flow (33.3%).

Interest Coverage: 6593's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


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Dividend

What is Taiwan Name Plate current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.91%

Current Dividend Yield

Dividend Yield vs Market

Taiwan Name Plate Dividend Yield vs Market
How does Taiwan Name Plate dividend yield compare to the market?
SegmentDividend Yield
Company (Taiwan Name Plate)1.9%
Market Bottom 25% (TW)2.6%
Market Top 25% (TW)7.0%
Industry Average (Commercial Services)5.2%
Analyst forecast in 3 Years (Taiwan Name Plate)n/a

Notable Dividend: 6593's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.57%).

High Dividend: 6593's dividend (1.91%) is low compared to the top 25% of dividend payers in the TW market (7.03%).


Stability and Growth of Payments

Stable Dividend: 6593 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6593's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (116.6%), 6593's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.1%), 6593's dividend payments are well covered by cash flows.


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Management

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


CEO

Ting Rong Wang

no data

Tenure

Mr. Wang Ting Rong serves as Chairman of the Board of Director and Chief Executive Officer of Taiwan Name Plate Co., Ltd. Mr. Wang served as Chairman of the Board of Directors, General Manager and Chief Ex...


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

What is the ownership structure of 6593?
Owner TypeNumber of SharesOwnership Percentage

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Company Information

Taiwan Name Plate Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Taiwan Name Plate Co., Ltd.
  • Ticker: 6593
  • Exchange: TPEX
  • Founded: 1970
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Implied Market Cap: NT$745.355m
  • Shares outstanding: 20.31m
  • Website: https://www.tnp.com.tw

Number of Employees


Location

  • Taiwan Name Plate Co., Ltd.
  • No.36, Huaya 1st Road
  • Huaya Science and Technology Park
  • Taoyuan City
  • 333
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6593TPEX (Taipei Exchange)YesCommon StockTWTWDSep 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.