Rossmax International Ltd. develops and supplies healthcare products and solutions in Taiwan. More Details
+ 1 more risk
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has Rossmax International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4121 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 4121's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.
7 Day Return
TW Medical Equipment
1 Year Return
TW Medical Equipment
Return vs Industry: 4121 exceeded the TW Medical Equipment industry which returned 7% over the past year.
Return vs Market: 4121 underperformed the TW Market which returned 34.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Rossmax International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StRossmax International Ltd.'s (GTSM:4121) Stock Is Going Strong: Is the Market Following Fundamentals?
5 months ago | Simply Wall StInvestors Who Bought Rossmax International (GTSM:4121) Shares Five Years Ago Are Now Up 56%
6 months ago | Simply Wall StIs Rossmax International (GTSM:4121) A Future Multi-bagger?
Is Rossmax International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 4121 (NT$21.1) is trading below our estimate of fair value (NT$25.86)
Significantly Below Fair Value: 4121 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 4121 is good value based on its PE Ratio (9.7x) compared to the TW Medical Equipment industry average (22.8x).
PE vs Market: 4121 is good value based on its PE Ratio (9.7x) compared to the TW market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4121's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4121 is good value based on its PB Ratio (1.2x) compared to the TW Medical Equipment industry average (2.1x).
How is Rossmax International 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 Rossmax International 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 Rossmax International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4121 has a high level of non-cash earnings.
Growing Profit Margin: 4121's current net profit margins (4.6%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: 4121 has become profitable over the past 5 years, growing earnings by 52.6% per year.
Accelerating Growth: 4121's earnings growth over the past year (202%) exceeds its 5-year average (52.6% per year).
Earnings vs Industry: 4121 earnings growth over the past year (202%) exceeded the Medical Equipment industry 9.5%.
Return on Equity
High ROE: 4121's Return on Equity (11.2%) is considered low.
How is Rossmax International's financial position?
Financial Position Analysis
Short Term Liabilities: 4121's short term assets (NT$2.2B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 4121's short term assets (NT$2.2B) exceed its long term liabilities (NT$837.8M).
Debt to Equity History and Analysis
Debt Level: 4121's debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 4121's debt to equity ratio has reduced from 44.2% to 18.8% over the past 5 years.
Debt Coverage: 4121's debt is well covered by operating cash flow (21.6%).
Interest Coverage: 4121's interest payments on its debt are well covered by EBIT (12.9x coverage).
What is Rossmax International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4121's dividend (5.69%) is higher than the bottom 25% of dividend payers in the TW market (1.94%).
High Dividend: 4121's dividend (5.69%) is in the top 25% of dividend payers in the TW market (5.26%)
Stability and Growth of Payments
Stable Dividend: 4121's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4121's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.4%), 4121's dividend payments are 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?
Average board tenure
Mr. Chih-Ping Liu serves as Chairman and General Manager of Rossmax International Ltd. and has been its Director since December 13, 1988. Mr. Liu serves as Chairman of ROSSMAX medical electronics Shanghai...
Experienced Board: 4121's board of directors are considered experienced (3.3 years average tenure).
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 14.8%.
Rossmax International Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Rossmax International Ltd.
- Ticker: 4121
- Exchange: TPEX
- Founded: 1988
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: NT$1.775b
- Shares outstanding: 84.14m
- Website: https://www.rossmax.com
- Rossmax International Ltd.
- No. 189, Kang Chien Road
- 12th Floor
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Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 08:32|
|End of Day Share Price||2021/09/15 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.