International Games System Co.,Ltd. plans, designs, researches, develops, manufactures, markets, services, and licenses arcade, online, and mobile games in Taiwan and internationally.
International Games SystemLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$705.00|
|52 Week High||NT$621.00|
|52 Week Low||NT$954.00|
|1 Month Change||6.18%|
|3 Month Change||-13.50%|
|1 Year Change||-7.84%|
|3 Year Change||418.38%|
|5 Year Change||270.08%|
|Change since IPO||1,745.94%|
Recent News & Updates
A Look At The Fair Value Of International Games System Co.,Ltd. (GTSM:3293)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of International Games...
|3293||TW Entertainment||TW Market|
Return vs Industry: 3293 underperformed the TW Entertainment industry which returned -6% over the past year.
Return vs Market: 3293 underperformed the TW Market which returned 29.1% over the past year.
Stable Share Price: 3293 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3293's weekly volatility (5%) has been stable over the past year.
About the Company
International Games System Co.,Ltd. plans, designs, researches, develops, manufactures, markets, services, and licenses arcade, online, and mobile games in Taiwan and internationally. The company’s arcade games include recreational, puzzle, TSG, and simulation machines.
International Games SystemLtd Fundamentals Summary
|3293 fundamental statistics|
Is 3293 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3293 income statement (TTM)|
|Cost of Revenue||NT$420.14m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||59.47|
|Net Profit Margin||41.18%|
How did 3293 perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Is International Games SystemLtd undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3293 (NT$705) is trading below our estimate of fair value (NT$1370.88)
Significantly Below Fair Value: 3293 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3293 is good value based on its PE Ratio (11.9x) compared to the TW Entertainment industry average (12.1x).
PE vs Market: 3293 is good value based on its PE Ratio (11.9x) compared to the TW market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3293 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 3293 is overvalued based on its PB Ratio (5.5x) compared to the TW Entertainment industry average (2.7x).
How is International Games SystemLtd forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3293's forecast earnings growth (22.7% per year) is above the savings rate (0.8%).
Earnings vs Market: 3293's earnings (22.7% per year) are forecast to grow faster than the TW market (9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3293's revenue (22.5% per year) is forecast to grow faster than the TW market (9.8% per year).
High Growth Revenue: 3293's revenue (22.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3293's Return on Equity is forecast to be very high in 3 years time (63.1%).
How has International Games SystemLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3293 has high quality earnings.
Growing Profit Margin: 3293's current net profit margins (41.2%) are higher than last year (39.5%).
Past Earnings Growth Analysis
Earnings Trend: 3293's earnings have grown significantly by 39% per year over the past 5 years.
Accelerating Growth: 3293's earnings growth over the past year (51.2%) exceeds its 5-year average (39% per year).
Earnings vs Industry: 3293 earnings growth over the past year (51.2%) exceeded the Entertainment industry 22%.
Return on Equity
High ROE: 3293's Return on Equity (46.6%) is considered outstanding.
How is International Games SystemLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 3293's short term assets (NT$10.7B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 3293's short term assets (NT$10.7B) exceed its long term liabilities (NT$126.1M).
Debt to Equity History and Analysis
Debt Level: 3293 is debt free.
Reducing Debt: 3293 has not had any debt for past 5 years.
Debt Coverage: 3293 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3293 has no debt, therefore coverage of interest payments is not a concern.
What is International Games SystemLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3293's dividend (5.96%) is higher than the bottom 25% of dividend payers in the TW market (2.03%).
High Dividend: 3293's dividend (5.96%) is in the top 25% of dividend payers in the TW market (5.31%)
Stability and Growth of Payments
Stable Dividend: 3293's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3293's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.6%), 3293's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3293's dividends in 3 years are forecast to be covered by earnings (84.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Paul Chiang is President at International Games System Co.,Ltd. since March 1993 and has been its Director since June 26, 2018. His work experience includes Engineer, Koninklijke Philips N.V.His other...
Experienced Management: 3293's management team is seasoned and experienced (10.6 years average tenure).
Experienced Board: 3293's board of directors are considered experienced (3.3 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.
International Games System Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: International Games System Co.,Ltd.
- Ticker: 3293
- Exchange: TPEX
- Founded: 1989
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: NT$49.668b
- Shares outstanding: 70.45m
- Website: https://www.igs.com.tw
- International Games System Co.,Ltd.
- No.130, Wugong Road
- Wugu District
- New Taipei City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:43|
|End of Day Share Price||2021/10/19 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.