TaiDoc Technology Corporation manufactures and markets medical devices worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$190.50|
|52 Week High||NT$156.50|
|52 Week Low||NT$240.00|
|1 Month Change||-7.07%|
|3 Month Change||-18.59%|
|1 Year Change||4.10%|
|3 Year Change||36.07%|
|5 Year Change||63.96%|
|Change since IPO||178.80%|
Recent News & Updates
|4736||TW Medical Equipment||TW Market|
Return vs Industry: 4736 underperformed the TW Medical Equipment industry which returned 5.3% over the past year.
Return vs Market: 4736 underperformed the TW Market which returned 34% over the past year.
Stable Share Price: 4736 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 4736's weekly volatility (4%) has been stable over the past year.
About the Company
TaiDoc Technology Corporation manufactures and markets medical devices worldwide. It offers diagnostics products, including blood glucose and multiple parameters monitoring systems, point of care testing devices, lancet and lancing devices, and vet health care products comprise blood glucose and calcium meters, non-contact forehead thermometers, and blood ketone meters; and medical devices, such as nebulizers, thermometers, blood pressure monitors, vital sign monitors, medical kiosk, pulse oximeters, and weight scale. The company also provides telehealth remote monitoring devices and smartphone applications; and Covid-19 antigen rapid test kits.
TaiDoc Technology Fundamentals Summary
|4736 fundamental statistics|
Is 4736 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|4736 income statement (TTM)|
|Cost of Revenue||NT$3.11b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||18.98|
|Net Profit Margin||29.51%|
How did 4736 perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Is TaiDoc Technology 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: 4736 (NT$190.5) is trading below our estimate of fair value (NT$380.66)
Significantly Below Fair Value: 4736 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 4736 is good value based on its PE Ratio (10.1x) compared to the TW Medical Equipment industry average (23.1x).
PE vs Market: 4736 is good value based on its PE Ratio (10.1x) compared to the TW market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: 4736's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 4736 is overvalued based on its PB Ratio (2.3x) compared to the TW Medical Equipment industry average (2x).
How is TaiDoc Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4736's earnings are forecast to decline over the next 3 years (-13.7% per year).
Earnings vs Market: 4736's earnings are forecast to decline over the next 3 years (-13.7% per year).
High Growth Earnings: 4736's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 4736's revenue (1.4% per year) is forecast to grow slower than the TW market (9.5% per year).
High Growth Revenue: 4736's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 4736's Return on Equity is forecast to be low in 3 years time (18.6%).
How has TaiDoc Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4736 has a high level of non-cash earnings.
Growing Profit Margin: 4736's current net profit margins (29.5%) are higher than last year (24.8%).
Past Earnings Growth Analysis
Earnings Trend: 4736's earnings have grown significantly by 29.8% per year over the past 5 years.
Accelerating Growth: 4736's earnings growth over the past year (36.6%) exceeds its 5-year average (29.8% per year).
Earnings vs Industry: 4736 earnings growth over the past year (36.6%) exceeded the Medical Equipment industry 9.5%.
Return on Equity
High ROE: 4736's Return on Equity (23.3%) is considered high.
How is TaiDoc Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 4736's short term assets (NT$5.5B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 4736's short term assets (NT$5.5B) exceed its long term liabilities (NT$770.0M).
Debt to Equity History and Analysis
Debt Level: 4736's debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 4736's debt to equity ratio has reduced from 27.8% to 11.1% over the past 5 years.
Debt Coverage: 4736's debt is well covered by operating cash flow (160.6%).
Interest Coverage: 4736's interest payments on its debt are well covered by EBIT (474.6x coverage).
What is TaiDoc Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4736's dividend (6%) is higher than the bottom 25% of dividend payers in the TW market (1.96%).
High Dividend: 4736's dividend (6%) is in the top 25% of dividend payers in the TW market (5.31%)
Stability and Growth of Payments
Stable Dividend: 4736's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4736's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.2%), 4736's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 4736's dividends in 3 years are forecast to be covered by earnings (76.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
TaiDoc Technology 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 not been meaningfully diluted in the past year.
TaiDoc Technology Corporation's employee growth, exchange listings and data sources
- Name: TaiDoc Technology Corporation
- Ticker: 4736
- Exchange: TPEX
- Founded: 1998
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: NT$17.590b
- Shares outstanding: 92.34m
- Website: https://www.taidoc.com
- TaiDoc Technology Corporation
- No. 127, Wugong 2nd Road
- B1-7th Floor
- New Taipei City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:01|
|End of Day Share Price||2021/09/23 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.