Medical Imaging Corporation provides imaging medical leasing and management services in China. More Details
Excellent balance sheet with acceptable track record.
Share Price & News
How has Medical Imaging's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6637 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6637's weekly volatility has decreased from 14% to 5% over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6637 exceeded the TW Healthcare industry which returned 11.9% over the past year.
Return vs Market: 6637 underperformed the TW Market which returned 48.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Medical Imaging's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHere's What You Should Know About Medical Imaging Corporation's (GTSM:6637) 4.0% Dividend Yield
4 months ago | Simply Wall StMedical Imaging Corporation's (GTSM:6637) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
4 months ago | Simply Wall StMedical Imaging (GTSM:6637) Is Very Good At Capital Allocation
Is Medical Imaging 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: 6637 (NT$53) is trading above our estimate of fair value (NT$37.66)
Significantly Below Fair Value: 6637 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6637 is good value based on its PE Ratio (11.8x) compared to the TW Healthcare industry average (16.8x).
PE vs Market: 6637 is good value based on its PE Ratio (11.8x) compared to the TW market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6637's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6637 is overvalued based on its PB Ratio (2.8x) compared to the TW Healthcare industry average (1.9x).
How is Medical Imaging 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 Medical Imaging 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 Medical Imaging performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6637 has high quality earnings.
Growing Profit Margin: 6637's current net profit margins (17.6%) are lower than last year (19.7%).
Past Earnings Growth Analysis
Earnings Trend: 6637's earnings have grown by 18.7% per year over the past 5 years.
Accelerating Growth: 6637's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6637 had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Healthcare industry average (-2.6%).
Return on Equity
High ROE: 6637's Return on Equity (23.4%) is considered high.
How is Medical Imaging's financial position?
Financial Position Analysis
Short Term Liabilities: 6637's short term assets (NT$277.4M) exceed its short term liabilities (NT$155.5M).
Long Term Liabilities: 6637's short term assets (NT$277.4M) exceed its long term liabilities (NT$191.0M).
Debt to Equity History and Analysis
Debt Level: 6637's debt to equity ratio (58.6%) is considered high.
Reducing Debt: 6637's debt to equity ratio has reduced from 89.6% to 58.6% over the past 5 years.
Debt Coverage: 6637's debt is well covered by operating cash flow (65.1%).
Interest Coverage: 6637 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Medical Imaging current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6637's dividend (4.72%) is higher than the bottom 25% of dividend payers in the TW market (2.04%).
High Dividend: 6637's dividend (4.72%) is low compared to the top 25% of dividend payers in the TW market (5.01%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6637 has been paying a dividend for less than 10 years.
Growing Dividend: 6637's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.8%), 6637's dividend payments are 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?
Medical Imaging 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.
Medical Imaging Corporation's company bio, employee growth, exchange listings and data sources
- Name: Medical Imaging Corporation
- Ticker: 6637
- Exchange: TPEX
- Founded: 1978
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: NT$1.137b
- Shares outstanding: 21.45m
- Website: https://www.mic-tw.com
Number of Employees
- Medical Imaging Corporation
- No.510, Section 5
- 19th Floor-2
Medical Imaging Corporation provides imaging medical leasing and management services in China. The company was founded in 1978 and is based in Taipei City, Taiwan. Medical Imaging Corporation is a subsidia...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/18 05:14|
|End of Day Share Price||2021/06/16 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.