Astro Corporation develops, markets, maintains, and operates digital games, systems, and software and hardware for gaming and lottery products in Taiwan and internationally.
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Astro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3064 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 3064 underperformed the TW Hospitality industry which returned -30.5% over the past year.
Return vs Market: 3064 underperformed the TW Market which returned -10.6% over the past year.
Price Volatility Vs. Market
How volatile is Astro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Astro undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 3064's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 3064's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 3064 is unprofitable, so we can't compare its PE Ratio to the Hospitality industry average.
PE vs Market: 3064 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3064's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3064 is overvalued based on its PB Ratio (4.5x) compared to the TW Hospitality industry average (1.3x).
How is Astro forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer 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 Astro 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.
- Take a look at our analysis of 3064’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Consumer Services industry.
How has Astro performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3064 is currently unprofitable.
Growing Profit Margin: 3064 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3064 is unprofitable, but has reduced losses over the past 5 years at a rate of 11.8% per year.
Accelerating Growth: Unable to compare 3064's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3064 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (8.6%).
Return on Equity
High ROE: 3064 has a negative Return on Equity (-77.94%), as it is currently unprofitable.
How is Astro's financial position?
Financial Position Analysis
Short Term Liabilities: 3064's short term assets (NT$196.7M) exceed its short term liabilities (NT$101.0M).
Long Term Liabilities: 3064's short term assets (NT$196.7M) do not cover its long term liabilities (NT$207.7M).
Debt to Equity History and Analysis
Debt Level: 3064's debt to equity ratio (64.7%) is considered high.
Reducing Debt: 3064's debt to equity ratio has increased from 32.1% to 64.7% over the past 5 years.
Inventory Level: 3064 has a high level of physical assets or inventory.
Debt Coverage by Assets: 3064's debt is covered by short term assets (assets are 1.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3064 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3064 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -23.2% each year
What is Astro's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3064's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 3064's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3064's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3064's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3064 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3064's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
How experienced are the management team and are they aligned to shareholders interests?
Astro has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.5%.
Astro Corporation's company bio, employee growth, exchange listings and data sources
- Name: Astro Corporation
- Ticker: 3064
- Exchange: GTSM
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: NT$1.312b
- Shares outstanding: 84.11m
- Website: https://www.astrocorp.com.tw
- Astro Corporation
- No. 111-1, Hsing De Road
- 10th Floor
- New Taipei City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3064||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||May 2004|
Astro Corporation develops, markets, maintains, and operates digital games, systems, and software and hardware for gaming and lottery products in Taiwan and internationally. The company offers various lottery games, and lottery monitoring and management systems, as well as operates self-service betting halls; gaming products, such as casino machines and games, and capacitive touch panel gaming systems; gaming cabinets; and lottery, VLT, and casino management systems. It also provides machine rental and point of sales customization, and product outsourcing services. The company is based in New Taipei City, Taiwan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 18:31|
|End of Day Share Price||2020/04/01 00:00|
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.