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Market Cap

NT$6.9b

Last Updated

2021/09/16 08:35 UTC

Data Sources

Company Financials

Executive Summary

Visco Vision Inc. manufactures and sells contact lenses in Taiwan and internationally. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-0.8%

6782

0.4%

TW Medical Equipment

0.2%

TW Market


1 Year Return

6.4%

6782

7.0%

TW Medical Equipment

34.2%

TW Market

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.


Shareholder returns

6782IndustryMarket
7 Day-0.8%0.4%0.2%
30 Day4.6%3.0%4.2%
90 Day-0.4%-7.4%0.2%
1 Year7.4%6.4%10.0%7.0%38.1%34.2%
3 Yearn/a23.0%12.6%78.2%59.9%
5 Yearn/a8.9%-6.2%122.9%85.5%

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

Valuation

Is Visco Vision undervalued compared to its fair value and its price relative to the market?

41.54x

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).


Future Growth

How is Visco Vision forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.4%

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.


Past Performance

How has Visco Vision performed over the past 5 years?

8.6%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Visco Vision current dividend yield, its reliability and sustainability?

0.88%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Visco Vision has no CEO, or we have no data on them.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Visco Vision Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Visco Vision Inc.
  • No. 1, Xingye Street
  • Guishan District
  • Taoyuan City
  • 33341
  • Taiwan

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 08:35
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.