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5009

Gloria Material Technology TPEX:5009 Stock Report

Last Price

NT$25.50

Market Cap

NT$10.7b

7D

-1.2%

1Y

-0.4%

Updated

05 Jul, 2022

Data

Company Financials +
5009 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance5/6
Financial Health3/6
Dividends3/6

5009 Stock Overview

Gloria Material Technology Corp. manufactures and sells alloy steel and valve-parts in Taiwan, the United States, the United Kingdom, China, and internationally.

Gloria Material Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gloria Material Technology
Historical stock prices
Current Share PriceNT$25.50
52 Week HighNT$34.60
52 Week LowNT$20.10
Beta0.22
1 Month Change-11.46%
3 Month Change-2.49%
1 Year Change-0.39%
3 Year Change31.78%
5 Year Change28.79%
Change since IPO373.98%

Recent News & Updates

Shareholder Returns

5009TW Metals and MiningTW Market
7D-1.2%-5.0%-8.7%
1Y-0.4%-36.8%-20.6%

Return vs Industry: 5009 exceeded the TW Metals and Mining industry which returned -36.8% over the past year.

Return vs Market: 5009 exceeded the TW Market which returned -20.6% over the past year.

Price Volatility

Is 5009's price volatile compared to industry and market?
5009 volatility
5009 Average Weekly Movement7.4%
Metals and Mining Industry Average Movement5.6%
Market Average Movement5.0%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.4%

Stable Share Price: 5009 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 5009's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1993n/aChiung-Fen Wanghttps://www.gmtc.com.tw

Gloria Material Technology Corp. manufactures and sells alloy steel and valve-parts in Taiwan, the United States, the United Kingdom, China, and internationally. The company’s products include super and titanium alloys; and high cleaning steel, alloy tool steel, high speed steel, stainless steel, quenched-tempered steel, and mold material supply products. It also provides machined parts, such as actuators, blocks, boss products, load caps, and actuator blanks; compressor spacers, seals for gas turbine, turbine blades, and transmission shafts; and copper rod rollers, dummy bar heads, guide rolls, sendzimir rolls, and rolls for slab continuous cast.

Gloria Material Technology Fundamentals Summary

How do Gloria Material Technology's earnings and revenue compare to its market cap?
5009 fundamental statistics
Market CapNT$10.73b
Earnings (TTM)NT$951.17m
Revenue (TTM)NT$9.65b

11.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5009 income statement (TTM)
RevenueNT$9.65b
Cost of RevenueNT$6.84b
Gross ProfitNT$2.81b
Other ExpensesNT$1.86b
EarningsNT$951.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.16
Gross Margin29.10%
Net Profit Margin9.86%
Debt/Equity Ratio118.7%

How did 5009 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

65%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 5009 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5009?

Other financial metrics that can be useful for relative valuation.

5009 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA12.2x
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does 5009's PE Ratio compare to its peers?

5009 PE Ratio vs Peers
The above table shows the PE ratio for 5009 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.9x
2034 YC InoxLtd
8.1xn/aNT$12.0b
1532 China Metal Products
8.6xn/aNT$12.0b
2035 Tang Eng Iron Works
6.1xn/aNT$11.0b
2010 Chun Yuan Steel Industry
8.9xn/aNT$10.2b
5009 Gloria Material Technology
11.8x37.2%NT$10.7b

Price-To-Earnings vs Peers: 5009 is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (7.9x).


Price to Earnings Ratio vs Industry

How does 5009's PE Ratio compare vs other companies in the TW Metals and Mining Industry?

Price-To-Earnings vs Industry: 5009 is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the TW Metals and Mining industry average (7.8x)


Price to Earnings Ratio vs Fair Ratio

What is 5009's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

5009 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ratio24.1x

Price-To-Earnings vs Fair Ratio: 5009 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).


Share Price vs Fair Value

What is the Fair Price of 5009 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5009 (NT$25.5) is trading below our estimate of fair value (NT$41.02)

Significantly Below Fair Value: 5009 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 5009 is good value based on its PEG Ratio (0.3x)


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Future Growth

How is Gloria Material Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


37.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5009's forecast earnings growth (37.2% per year) is above the savings rate (0.7%).

Earnings vs Market: 5009's earnings (37.2% per year) are forecast to grow faster than the TW market (6.9% per year).

High Growth Earnings: 5009's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 5009's revenue (30.5% per year) is forecast to grow faster than the TW market (7.5% per year).

High Growth Revenue: 5009's revenue (30.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 5009's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Gloria Material Technology performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5009 has high quality earnings.

Growing Profit Margin: 5009's current net profit margins (9.9%) are higher than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: 5009's earnings have grown significantly by 24.4% per year over the past 5 years.

Accelerating Growth: 5009's earnings growth over the past year (174.2%) exceeds its 5-year average (24.4% per year).

Earnings vs Industry: 5009 earnings growth over the past year (174.2%) exceeded the Metals and Mining industry 91.6%.


Return on Equity

High ROE: 5009's Return on Equity (11.2%) is considered low.


Discover strong past performing companies

Financial Health

How is Gloria Material Technology's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5009's short term assets (NT$9.4B) exceed its short term liabilities (NT$5.2B).

Long Term Liabilities: 5009's short term assets (NT$9.4B) exceed its long term liabilities (NT$8.1B).


Debt to Equity History and Analysis

Debt Level: 5009's net debt to equity ratio (105.3%) is considered high.

Reducing Debt: 5009's debt to equity ratio has increased from 96.8% to 118.7% over the past 5 years.

Debt Coverage: 5009's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 5009's interest payments on its debt are well covered by EBIT (9.8x coverage).


Balance Sheet


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Dividend

What is Gloria Material Technology current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.49%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 5009's dividend (5.49%) is higher than the bottom 25% of dividend payers in the TW market (2.74%).

High Dividend: 5009's dividend (5.49%) is low compared to the top 25% of dividend payers in the TW market (6.68%).


Stability and Growth of Payments

Stable Dividend: 5009's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5009's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (65.3%), 5009's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 5009 is paying a dividend but the company has no free cash flows.


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Management

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

1.2yrs

Average management tenure


CEO

Chiung-Fen Wang

no data

Tenure

NT$12,160,000

Compensation

Mr. Chiung-Fen Wang has been Director at Soft-World International Corporation since June 14, 2018. He is President, General Law Firm. He Completed Bachelor of Law, National Chung Hsing University.He is Ch...


CEO Compensation Analysis

Compensation vs Market: Chiung-Fen's total compensation ($USD408.85K) is above average for companies of similar size in the TW market ($USD181.86K).

Compensation vs Earnings: Chiung-Fen's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 5009's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 5009's board of directors are considered experienced (4.2 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 7.3%.


Top Shareholders

Company Information

Gloria Material Technology Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Gloria Material Technology Corp.
  • Ticker: 5009
  • Exchange: TPEX
  • Founded: 1993
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: NT$10.734b
  • Shares outstanding: 439.92m
  • Website: https://www.gmtc.com.tw

Location

  • Gloria Material Technology Corp.
  • No. 10, Gong 2nd Road
  • Liuying District
  • Tainan City
  • 736
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.