1104 Stock Overview
Universal Cement Corporation engages in the manufacture and sale of cement, ready-mixed concrete, gypsum board panels, and other building materials in Taiwan.
No risks detected for 1104 from our risk checks.
Universal Cement Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$21.60|
|52 Week High||NT$22.60|
|52 Week Low||NT$19.50|
|1 Month Change||-3.57%|
|3 Month Change||2.37%|
|1 Year Change||-4.64%|
|3 Year Change||14.89%|
|5 Year Change||-6.09%|
|Change since IPO||-14.66%|
Recent News & Updates
|1104||TW Basic Materials||TW Market|
Return vs Industry: 1104 exceeded the TW Basic Materials industry which returned -8.8% over the past year.
Return vs Market: 1104 exceeded the TW Market which returned -9.8% over the past year.
|1104 Average Weekly Movement||2.3%|
|Basic Materials Industry Average Movement||2.8%|
|Market Average Movement||5.1%|
|10% most volatile stocks in TW Market||8.4%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 1104 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 1104's weekly volatility (2%) has been stable over the past year.
About the Company
Universal Cement Corporation engages in the manufacture and sale of cement, ready-mixed concrete, gypsum board panels, and other building materials in Taiwan. It operates through Building Materials Business and Assets Management Center segments. The company also offers pressure-sensing electronic technology products, such as flexible electronic pressure sensors, pressure sensor modules, and flexible microelectromechanical pressure sensing instruments for use in computer, communication and consumer electronics, industrial and semiconductor equipment, smart warehouse, and medical monitoring industries.
Universal Cement Fundamentals Summary
|1104 fundamental statistics|
Is 1104 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1104 income statement (TTM)|
|Cost of Revenue||NT$5.00b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.13|
|Net Profit Margin||22.58%|
How did 1104 perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Is 1104 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1104?
Other financial metrics that can be useful for relative valuation.
|What is 1104's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 1104's PE Ratio compare to its peers?
|1104 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1103 Chia Hsin Cement
9930 CHC Resources
1110 Southeast Cement
2504 Goldsun Building Materials
1104 Universal Cement
Price-To-Earnings vs Peers: 1104 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (27.2x).
Price to Earnings Ratio vs Industry
How does 1104's PE Ratio compare vs other companies in the Asian Basic Materials Industry?
Price-To-Earnings vs Industry: 1104 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the TW Basic Materials industry average (16x)
Price to Earnings Ratio vs Fair Ratio
What is 1104'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.
|Current PE Ratio||10.1x|
|Fair PE Ratio||15.1x|
Price-To-Earnings vs Fair Ratio: 1104 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.1x).
Share Price vs Fair Value
What is the Fair Price of 1104 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1104 (NT$21.6) is trading below our estimate of fair value (NT$27.97)
Significantly Below Fair Value: 1104 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Universal Cement forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1104's forecast earnings growth (13.9% per year) is above the savings rate (0.7%).
Earnings vs Market: 1104's earnings (13.9% per year) are forecast to grow faster than the TW market (5.8% per year).
High Growth Earnings: 1104's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1104's revenue (15.2% per year) is forecast to grow faster than the TW market (7.1% per year).
High Growth Revenue: 1104's revenue (15.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1104's Return on Equity is forecast to be high in 3 years time
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How has Universal Cement performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1104 has high quality earnings.
Growing Profit Margin: 1104's current net profit margins (22.6%) are lower than last year (25.5%).
Past Earnings Growth Analysis
Earnings Trend: 1104's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: 1104's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1104 had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Basic Materials industry average (-15.7%).
Return on Equity
High ROE: 1104's Return on Equity (6.8%) is considered low.
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How is Universal Cement's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1104's short term assets (NT$5.3B) exceed its short term liabilities (NT$4.3B).
Long Term Liabilities: 1104's short term assets (NT$5.3B) exceed its long term liabilities (NT$1.6B).
Debt to Equity History and Analysis
Debt Level: 1104 has more cash than its total debt.
Reducing Debt: 1104's debt to equity ratio has increased from 10.6% to 15.2% over the past 5 years.
Debt Coverage: 1104's debt is well covered by operating cash flow (38.5%).
Interest Coverage: 1104 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Universal Cement current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1104's dividend (4.63%) is higher than the bottom 25% of dividend payers in the TW market (2.5%).
High Dividend: 1104's dividend (4.63%) is low compared to the top 25% of dividend payers in the TW market (6.52%).
Stability and Growth of Payments
Stable Dividend: 1104's dividends per share have been stable in the past 10 years.
Growing Dividend: 1104's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 1104's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.7%), 1104's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Chih-Sheng Hou, also known as Johnson, serves as Director at TECO Electric & Machinery Co., Ltd. since December 30, 2021. He is a Director at Universal Cement Corporation since December 02, 2008 and al...
Experienced Management: 1104's management team is considered experienced (3.6 years average tenure).
Experienced Board: 1104's board of directors are considered experienced (5.2 years average tenure).
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.
Universal Cement Corporation's employee growth, exchange listings and data sources
- Name: Universal Cement Corporation
- Ticker: 1104
- Exchange: TWSE
- Founded: 1959
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: NT$14.118b
- Shares outstanding: 653.61m
- Website: https://www.ucctw.com
- Universal Cement Corporation
- No. 125, Nanjing East Road
- 10th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.