Visco Vision Inc. manufactures and sells contact lenses in Taiwan and internationally. More Details
Mediocre balance sheet with poor track record.
Share Price & News
How has Visco Vision's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6782 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6782's weekly volatility (4%) has been stable over the past year.
7 Day Return
TW Medical Equipment
1 Year Return
TW Medical Equipment
Return vs Industry: 6782 matched the TW Medical Equipment industry which returned 7% over the past year.
Return vs Market: 6782 underperformed the TW Market which returned 34.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Visco Vision's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StMarket Participants Recognise Visco Vision Inc.'s (GTSM:6782) Earnings Pushing Shares 25% Higher
5 months ago | Simply Wall StIs Visco Vision Inc.'s (GTSM:6782) 41% ROE Better Than Average?
9 months ago | Simply Wall StHere's Why We Don't Think Visco Vision's (GTSM:6782) Statutory Earnings Reflect Its Underlying Earnings Potential
Is Visco Vision 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: 6782 (NT$125.5) is trading above our estimate of fair value (NT$23.71)
Significantly Below Fair Value: 6782 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6782 is poor value based on its PE Ratio (41.5x) compared to the TW Medical Equipment industry average (22.8x).
PE vs Market: 6782 is poor value based on its PE Ratio (41.5x) compared to the TW market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6782's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6782 is overvalued based on its PB Ratio (8x) compared to the TW Medical Equipment industry average (2.1x).
How is Visco Vision 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 Visco Vision 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 Visco Vision performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6782 has a large one-off loss of NT$42.0M impacting its June 30 2021 financial results.
Growing Profit Margin: 6782's current net profit margins (10%) are lower than last year (21.5%).
Past Earnings Growth Analysis
Earnings Trend: 6782's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: 6782's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6782 had negative earnings growth (-50.6%) over the past year, making it difficult to compare to the Medical Equipment industry average (9.5%).
Return on Equity
High ROE: 6782's Return on Equity (19.2%) is considered low.
How is Visco Vision's financial position?
Financial Position Analysis
Short Term Liabilities: 6782's short term assets (NT$998.7M) do not cover its short term liabilities (NT$1.3B).
Long Term Liabilities: 6782's short term assets (NT$998.7M) exceed its long term liabilities (NT$579.9M).
Debt to Equity History and Analysis
Debt Level: 6782's debt to equity ratio (110.2%) is considered high.
Reducing Debt: Insufficient data to determine if 6782's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6782's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 6782's interest payments on its debt are well covered by EBIT (13.6x coverage).
What is Visco Vision current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6782's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.94%).
High Dividend: 6782's dividend (0.88%) is low compared to the top 25% of dividend payers in the TW market (5.26%).
Stability and Growth of Payments
Stable Dividend: 6782 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 6782 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6782 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6782'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?
Visco Vision 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.
Visco Vision Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Visco Vision Inc.
- Ticker: 6782
- Exchange: TPEX
- Founded: 1998
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: NT$6.868b
- Shares outstanding: 54.73m
- Website: https://www.viscovision.com.tw
Number of Employees
- Visco Vision Inc.
- No. 1, Xingye Street
- Guishan District
- Taoyuan City
Visco Vision Inc. manufactures and sells contact lenses in Taiwan and internationally. It offers spherical, multifocal, toric, and color lenses. The company was founded in 1998 and is based in Taoyuan City...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 08:35|
|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.