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Altek TWSE:3059 Stock Report

Last Price

NT$38.35

Market Cap

NT$11.5b

7D

-3.4%

1Y

0.9%

Updated

31 Dec, 2024

Data

Company Financials

Altek Corporation

TWSE:3059 Stock Report

Market Cap: NT$11.5b

3059 Stock Overview

Engages in the development, manufacture, and sale of automobile cameras, and medical and digital image technology application products. More details

3059 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Risk Analysis

Volatile share price over the past 3 months compared to the TW market

Shareholders have been diluted in the past year

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Altek Corporation Competitors

AmTRAN TechnologyLtd

TWSE:2489

NT$12.7b

Sampo

TWSE:1604

NT$10.2b

Eastech Holding

TWSE:5225

NT$9.5b

AMPACS

TWSE:6743

NT$6.2b

Price History & Performance

Summary of share price highs, lows and changes for Altek
Historical stock prices
Current Share PriceNT$38.35
52 Week HighNT$46.10
52 Week LowNT$29.15
Beta0.79
1 Month Change19.84%
3 Month Change9.10%
1 Year Change0.92%
3 Year Change-21.33%
5 Year Change65.30%
Change since IPO-32.45%

Recent News & Updates

Altek Corporation (TWSE:3059) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Dec 25
Altek Corporation (TWSE:3059) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Recent updates

Altek Corporation (TWSE:3059) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Dec 25
Altek Corporation (TWSE:3059) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Altek's (TWSE:3059) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 18
Altek's (TWSE:3059) Shareholders Will Receive A Smaller Dividend Than Last Year

Altek's (TWSE:3059) Dividend Is Being Reduced To NT$0.70

Sep 04
Altek's (TWSE:3059) Dividend Is Being Reduced To NT$0.70

Altek's (TWSE:3059) Conservative Accounting Might Explain Soft Earnings

Aug 17
Altek's (TWSE:3059) Conservative Accounting Might Explain Soft Earnings

Why We're Not Concerned About Altek Corporation's (TWSE:3059) Share Price

Aug 09
Why We're Not Concerned About Altek Corporation's (TWSE:3059) Share Price

Does Altek Corporation's (TPE:3059) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Mar 18
Does Altek Corporation's (TPE:3059) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Is Altek (TPE:3059) Struggling?

Feb 28
Is Altek (TPE:3059) Struggling?

Altek (TPE:3059) Seems To Use Debt Rather Sparingly

Feb 10
Altek (TPE:3059) Seems To Use Debt Rather Sparingly

Does Altek's (TPE:3059) Share Price Gain of 43% Match Its Business Performance?

Jan 26
Does Altek's (TPE:3059) Share Price Gain of 43% Match Its Business Performance?

Is Altek Corporation (TPE:3059) A Strong Dividend Stock?

Jan 11
Is Altek Corporation (TPE:3059) A Strong Dividend Stock?

Altek (TPE:3059) Is Growing Earnings But Are They A Good Guide?

Dec 25
Altek (TPE:3059) Is Growing Earnings But Are They A Good Guide?

Altek Corporation's (TPE:3059) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Dec 10
Altek Corporation's (TPE:3059) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Is Altek (TPE:3059) Set To Make A Turnaround?

Nov 25
Is Altek (TPE:3059) Set To Make A Turnaround?

Shareholder Returns

3059TW Consumer DurablesTW Market
7D-3.4%-0.6%0.4%
1Y0.9%13.0%27.0%

Return vs Industry: 3059 underperformed the TW Consumer Durables industry which returned 13% over the past year.

Return vs Market: 3059 underperformed the TW Market which returned 27% over the past year.

Price Volatility

Is 3059's price volatile compared to industry and market?
3059 volatility
3059 Average Weekly Movement6.4%
Consumer Durables Industry Average Movement4.3%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 3059's share price has been volatile over the past 3 months compared to the TW market.

Volatility Over Time: 3059's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1996n/aAlex Hsiawww.altek.com.tw

Altek Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of automobile cameras, and medical and digital image technology application products. The company manufactures, produces, and sells digital still cameras and related accessories, digital camera parts, electronic product components, photo electron devices, and optical instruments; buys and sells electronic components; collects American digital imaging technology information; and provides design, business management, housing and non-residential real estate leasing, and property management services. It also provides research, development, and sale of medical electronic equipment; research design and sale of ASIC, imaging technologies, and electronic software and hardware products; research and development, manufacture, and sale of medical electronic equipment; wholesale, import, and export of related electronic products and accessories; and investment activities.

Altek Corporation Fundamentals Summary

How do Altek's earnings and revenue compare to its market cap?
3059 fundamental statistics
Market capNT$11.50b
Earnings (TTM)NT$318.27m
Revenue (TTM)NT$7.53b

36.6x

P/E Ratio

1.5x

P/S Ratio

Is 3059 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3059 income statement (TTM)
RevenueNT$7.53b
Cost of RevenueNT$5.27b
Gross ProfitNT$2.26b
Other ExpensesNT$1.94b
EarningsNT$318.27m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin30.04%
Net Profit Margin4.23%
Debt/Equity Ratio27.5%

How did 3059 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 08:11
End of Day Share Price 2024/12/31 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

Altek Corporation is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jianzhang SuE.Sun Securities Investment Consulting Co. Ltd.
null nullIBTS Investment Consulting Co., Ltd.
Fu Li ChenJih Sun Securities Investment Consulting Co., Ltd.