Mayer Steel Pipe Corporation

TWSE:2020 Stock Report

Market Cap: NT$9.1b

Mayer Steel Pipe Past Earnings Performance

Past criteria checks 5/6

Mayer Steel Pipe has been growing earnings at an average annual rate of 16.8%, while the Metals and Mining industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 10.6% per year. Mayer Steel Pipe's return on equity is 31.4%, and it has net margins of 18.9%.

Key information

16.8%

Earnings growth rate

16.7%

EPS growth rate

Metals and Mining Industry Growth25.3%
Revenue growth rate10.6%
Return on equity31.4%
Net Margin18.9%
Last Earnings Update31 Mar 2024

Recent past performance updates

We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mar 21
We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Recent updates

Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

May 10
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

Apr 26
Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mar 21
We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

Mar 15
Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

Apr 08
We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Mar 24
How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Mar 03
Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Feb 16
Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Feb 01
Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Jan 19
Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Jan 06
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

Dec 24
Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Dec 11
We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Nov 28
Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Revenue & Expenses Breakdown

How Mayer Steel Pipe makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2020 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 246,7801,2843470
31 Dec 237,0091,0683180
30 Sep 237,2417112910
30 Jun 237,0733522720
31 Mar 236,6642542570
31 Dec 226,6242671940
30 Sep 226,5952882310
30 Jun 226,8145182480
31 Mar 226,8066352580
31 Dec 216,5597833340
30 Sep 216,2027923010
30 Jun 215,6597672900
31 Mar 215,1827252550
31 Dec 205,0743932230
30 Sep 204,8213692190
30 Jun 204,6082842080
31 Mar 204,3832002120
31 Dec 194,4834372280
30 Sep 194,6213552220
30 Jun 194,6353592220
31 Mar 194,9044282350
31 Dec 184,7363012380
30 Sep 184,6943802370
30 Jun 184,9303603350
31 Mar 184,8473233480
31 Dec 174,8673413490
30 Sep 174,9203513660
30 Jun 174,7063992890
31 Mar 174,6704372910
31 Dec 164,4853922840
30 Sep 164,4133662720
30 Jun 164,289-2213940
31 Mar 164,349-3094160
31 Dec 154,436-3704320
30 Sep 154,695-4434390
30 Jun 155,0091163170
31 Mar 155,4542913280
31 Dec 145,6792403150
30 Sep 145,6812683140
30 Jun 145,7792303110
31 Mar 145,397642780
31 Dec 135,3311782800
30 Sep 135,4322322896
30 Jun 135,38320531012

Quality Earnings: 2020 has a large one-off gain of NT$725.0M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: 2020's current net profit margins (18.9%) are higher than last year (3.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2020's earnings have grown by 16.8% per year over the past 5 years.

Accelerating Growth: 2020's earnings growth over the past year (405.4%) exceeds its 5-year average (16.8% per year).

Earnings vs Industry: 2020 earnings growth over the past year (405.4%) exceeded the Metals and Mining industry 6%.


Return on Equity

High ROE: 2020's Return on Equity (31.4%) is considered high.


Return on Assets


Return on Capital Employed


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