BenQ Medical Technology Corporation provides medical equipment, consumables, and solutions for various medical institutions and professionals worldwide. More Details
Excellent balance sheet with questionable track record.
Share Price & News
How has BenQ Medical Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4116 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 4116's weekly volatility (2%) has been stable over the past year.
7 Day Return
TW Medical Equipment
1 Year Return
TW Medical Equipment
Return vs Industry: 4116 underperformed the TW Medical Equipment industry which returned 26.1% over the past year.
Return vs Market: 4116 underperformed the TW Market which returned 64% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is BenQ Medical Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThere's Been No Shortage Of Growth Recently For BenQ Medical Technology's (GTSM:4116) Returns On Capital
3 weeks ago | Simply Wall StEstimating The Fair Value Of BenQ Medical Technology Corporation (GTSM:4116)
1 month ago | Simply Wall StBenQ Medical Technology's (GTSM:4116) Shareholders Are Down 49% On Their Shares
Is BenQ Medical Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4116 (NT$34.75) is trading above our estimate of fair value (NT$33.85)
Significantly Below Fair Value: 4116 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4116 is poor value based on its PE Ratio (25x) compared to the TW Medical Equipment industry average (18.4x).
PE vs Market: 4116 is poor value based on its PE Ratio (25x) compared to the TW market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4116's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4116 is good value based on its PB Ratio (1.5x) compared to the TW Medical Equipment industry average (2.4x).
How is BenQ Medical Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Healthcare 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 BenQ Medical Technology 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.
How has BenQ Medical Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4116 has high quality earnings.
Growing Profit Margin: 4116's current net profit margins (4.4%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 4116's earnings have grown by 1.2% per year over the past 5 years.
Accelerating Growth: 4116's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4116 had negative earnings growth (-17.6%) over the past year, making it difficult to compare to the Medical Equipment industry average (3%).
Return on Equity
High ROE: 4116's Return on Equity (7.5%) is considered low.
How is BenQ Medical Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 4116's short term assets (NT$776.7M) exceed its short term liabilities (NT$468.2M).
Long Term Liabilities: 4116's short term assets (NT$776.7M) exceed its long term liabilities (NT$209.6M).
Debt to Equity History and Analysis
Debt Level: 4116's debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: 4116's debt to equity ratio has increased from 8.3% to 19.7% over the past 5 years.
Debt Coverage: 4116's debt is well covered by operating cash flow (68.8%).
Interest Coverage: 4116's interest payments on its debt are well covered by EBIT (30.2x coverage).
What is BenQ Medical Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4116's dividend (3.88%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 4116's dividend (3.88%) is low compared to the top 25% of dividend payers in the TW market (4.83%).
Stability and Growth of Payments
Stable Dividend: 4116's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4116's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (97%), 4116's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Michael Guan serves as President since September 2017 and Acts Spokesman at BenQ Medical Technology Corporation. He had served as general manager of BenQ Medical Technology Corp. Since September 2017. ...
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 not been meaningfully diluted in the past year.
BenQ Medical Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: BenQ Medical Technology Corporation
- Ticker: 4116
- Exchange: GTSM
- Founded: 1988
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: NT$1.549b
- Shares outstanding: 44.57m
- Website: https://www.benqmedicaltech.com
- BenQ Medical Technology Corporation
- No. 46, Zhou-Z Street
- 7th Floor
BenQ Medical Technology Corporation provides medical equipment, consumables, and solutions for various medical institutions and professionals worldwide. It offers operating tables, surgical lights, ultraso...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 08:45|
|End of Day Share Price||2021/04/15 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.