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6624

Ever-Clear Environmental Eng TPEX:6624 Stock Report

Last Price

NT$42.00

Market Cap

NT$756.0m

7D

3.1%

1Y

46.9%

Updated

29 Sep, 2022

Data

Company Financials
6624 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

6624 Stock Overview

Ever-Clear Environmental Eng. Corp. engages in the industrial wastewater and organic waste gas treatment businesses.

Ever-Clear Environmental Eng Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ever-Clear Environmental Eng
Historical stock prices
Current Share PriceNT$42.00
52 Week HighNT$43.00
52 Week LowNT$27.50
Beta0.33
1 Month Change3.45%
3 Month Change1.45%
1 Year Change46.85%
3 Year Change-25.40%
5 Year Change-26.42%
Change since IPO-6.67%

Recent News & Updates

Shareholder Returns

6624TW Commercial ServicesTW Market
7D3.1%-4.7%-7.0%
1Y46.9%-4.0%-19.7%

Return vs Industry: 6624 exceeded the TW Commercial Services industry which returned -4% over the past year.

Return vs Market: 6624 exceeded the TW Market which returned -19.7% over the past year.

Price Volatility

Is 6624's price volatile compared to industry and market?
6624 volatility
6624 Average Weekly Movement2.0%
Commercial Services Industry Average Movement3.2%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 6624 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 6624's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199961n/ahttps://www.ever-clear.com.tw

Ever-Clear Environmental Eng. Corp. engages in the industrial wastewater and organic waste gas treatment businesses. The company is involved in the evaluation/process design/detailed design of wastewater/sludge/underground water/organic waste gas treatment; upgrade or expansion of existed wastewater or organic waste gas treatment plant; reuse of industrial wastewater; and wastewater/sludge/underground water/organic waste gas treatment equipment manufacturing and turnkey services. It also provides fine screens, flow measuring tanks, sludge scrapers, anaerobic biological treatment equipment, floating decanter system of sequential batch reactors, physical and chemical treatment equipment, sludge dryers, and air pollution control equipment.

Ever-Clear Environmental Eng Fundamentals Summary

How do Ever-Clear Environmental Eng's earnings and revenue compare to its market cap?
6624 fundamental statistics
Market CapNT$756.00m
Earnings (TTM)NT$8.00m
Revenue (TTM)NT$379.09m

94.5x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6624 income statement (TTM)
RevenueNT$379.09m
Cost of RevenueNT$306.03m
Gross ProfitNT$73.06m
Other ExpensesNT$65.07m
EarningsNT$8.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin19.27%
Net Profit Margin2.11%
Debt/Equity Ratio102.4%

How did 6624 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 6624 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 6624?

Other financial metrics that can be useful for relative valuation.

6624 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/Revenue2.6x
Enterprise Value/EBITDA55.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6624's PE Ratio compare to its peers?

6624 PE Ratio vs Peers
The above table shows the PE ratio for 6624 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.3x
8423 Polygreen Resources
22.9xn/aNT$439.5m
7578 Revivegen Environmental Technology
28.6xn/aNT$1.1b
8440 E&E RecyclingInc
36.1xn/aNT$1.4b
8390 Jiin Yeeh Ding Enterprises
5.7xn/aNT$2.6b
6624 Ever-Clear Environmental Eng
94.5xn/aNT$756.0m

Price-To-Earnings vs Peers: 6624 is expensive based on its Price-To-Earnings Ratio (94.5x) compared to the peer average (23.3x).


Price to Earnings Ratio vs Industry

How does 6624's PE Ratio compare vs other companies in the TW Commercial Services Industry?

Price-To-Earnings vs Industry: 6624 is expensive based on its Price-To-Earnings Ratio (94.5x) compared to the TW Commercial Services industry average (17.8x)


Price to Earnings Ratio vs Fair Ratio

What is 6624'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.

6624 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio94.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6624's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6624 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 6624's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 6624's fair value for valuation analysis.


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 Ever-Clear Environmental Eng 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


17.2%

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 Ever-Clear Environmental Eng 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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Past Performance

How has Ever-Clear Environmental Eng performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-36.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6624 has high quality earnings.

Growing Profit Margin: 6624 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 6624's earnings have declined by 36.9% per year over the past 5 years.

Accelerating Growth: 6624 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 6624 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (13.1%).


Return on Equity

High ROE: 6624's Return on Equity (2.6%) is considered low.


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Financial Health

How is Ever-Clear Environmental Eng's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6624's short term assets (NT$484.4M) exceed its short term liabilities (NT$268.8M).

Long Term Liabilities: 6624's short term assets (NT$484.4M) exceed its long term liabilities (NT$196.3M).


Debt to Equity History and Analysis

Debt Level: 6624's net debt to equity ratio (80.6%) is considered high.

Reducing Debt: 6624's debt to equity ratio has increased from 58.6% to 102.4% over the past 5 years.

Debt Coverage: 6624's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 6624's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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Dividend

What is Ever-Clear Environmental Eng current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Ever-Clear Environmental Eng Dividend Yield vs Market
How does Ever-Clear Environmental Eng dividend yield compare to the market?
SegmentDividend Yield
Company (Ever-Clear Environmental Eng)0%
Market Bottom 25% (TW)2.6%
Market Top 25% (TW)7.1%
Industry Average (Commercial Services)5.3%
Analyst forecast in 3 Years (Ever-Clear Environmental Eng)n/a

Notable Dividend: Unable to evaluate 6624's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6624's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6624's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6624's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 6624 is not paying a notable dividend for the TW market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 6624 has not reported any payouts.


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Management

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


CEO

Ever-Clear Environmental Eng has no CEO, or we have no data on them.


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 6624?
Owner TypeNumber of SharesOwnership Percentage

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

Company Information

Ever-Clear Environmental Eng. Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ever-Clear Environmental Eng. Corp.
  • Ticker: 6624
  • Exchange: TPEX
  • Founded: 1999
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Implied Market Cap: NT$756.000m
  • Shares outstanding: 18.00m
  • Website: https://www.ever-clear.com.tw

Number of Employees


Location

  • Ever-Clear Environmental Eng. Corp.
  • No. 261, Longfu Road
  • Sec. 5
  • Taichung
  • 407
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6624TPEX (Taipei Exchange)YesOrdinary SharesTWTWDMar 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/26 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.