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3546

USERJOY TechnologyLtdTPEX:3546 Stock Report

Market Cap

NT$4.0b

7D

1.7%

1Y

4.7%

Updated

09 Dec, 2021

Data

Company Financials +
3546 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends3/6

3546 Stock Overview

USERJOY Technology Co., Ltd. researches, develops, and sells online and mobile games software in Taiwan and internationally.

USERJOY TechnologyLtd Competitors

International Games SystemLtd

TPEX:3293

NT$56.4b

Soft-World International

TPEX:5478

NT$11.4b

Gamania Digital Entertainment

TPEX:6180

NT$10.8b

Softstar Entertainment

TPEX:6111

NT$4.5b

Price History & Performance

Summary of all time highs, changes and price drops for USERJOY TechnologyLtd
Historical stock prices
Current Share PriceNT$83.00
52 Week HighNT$106.67
52 Week LowNT$71.43
Beta1.04
1 Month Change1.22%
3 Month Change-6.95%
1 Year Change4.75%
3 Year Change44.47%
5 Year Change51.77%
Change since IPO106.41%

Recent News & Updates

Shareholder Returns

3546TW EntertainmentTW Market
7D1.7%1.6%1.4%
1Y4.7%4.5%25.4%

Return vs Industry: 3546 matched the TW Entertainment industry which returned 4.5% over the past year.

Return vs Market: 3546 underperformed the TW Market which returned 25.4% over the past year.

Price Volatility

Is 3546's price volatile compared to industry and market?
3546 volatility
3546 Average Weekly Movement3.6%
Entertainment Industry Average Movement6.2%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.5%
10% least volatile stocks in TW Market1.9%

Stable Share Price: 3546 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 3546's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aShih Chinhttps://www.uj.com.tw

USERJOY Technology Co., Ltd. researches, develops, and sells online and mobile games software in Taiwan and internationally. It offers PC, massively multiplayer online, web, home console, AR/VR, and other games. The company was founded in 1995 and is based in New Taipei City, Taiwan.

USERJOY TechnologyLtd Fundamentals Summary

How do USERJOY TechnologyLtd's earnings and revenue compare to its market cap?
3546 fundamental statistics
Market CapNT$4.00b
Earnings (TTM)NT$316.63m
Revenue (TTM)NT$1.67b

12.6x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3546 income statement (TTM)
RevenueNT$1.67b
Cost of RevenueNT$77.47m
Gross ProfitNT$1.59b
ExpensesNT$1.28b
EarningsNT$316.63m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.57
Gross Margin95.36%
Net Profit Margin18.95%
Debt/Equity Ratio0%

How did 3546 perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

68%

Payout Ratio

Valuation

Is USERJOY TechnologyLtd undervalued compared to its fair value and its price relative to the market?

18.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3546 (NT$83) is trading below our estimate of fair value (NT$101.5)

Significantly Below Fair Value: 3546 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 3546 is good value based on its PE Ratio (12.6x) compared to the TW Entertainment industry average (13.6x).

PE vs Market: 3546 is good value based on its PE Ratio (12.6x) compared to the TW market (17x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3546's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3546 is good value based on its PB Ratio (2.9x) compared to the TW Entertainment industry average (3.2x).


Future Growth

How is USERJOY TechnologyLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 3546's forecast earnings growth is above the savings rate (0.8%).

Earnings vs Market: Insufficient data to determine if 3546's earnings are forecast to grow faster than the TW market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3546's revenue (10.2% per year) is forecast to grow faster than the TW market (9.7% per year).

High Growth Revenue: 3546's revenue (10.2% 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 3546's Return on Equity is forecast to be high in 3 years time


Past Performance

How has USERJOY TechnologyLtd performed over the past 5 years?

16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3546 has high quality earnings.

Growing Profit Margin: 3546's current net profit margins (18.9%) are higher than last year (18.6%).


Past Earnings Growth Analysis

Earnings Trend: 3546's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: 3546's earnings growth over the past year (13.7%) is below its 5-year average (16.1% per year).

Earnings vs Industry: 3546 earnings growth over the past year (13.7%) exceeded the Entertainment industry 4.9%.


Return on Equity

High ROE: 3546's Return on Equity (23.1%) is considered high.


Financial Health

How is USERJOY TechnologyLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 3546's short term assets (NT$1.6B) exceed its short term liabilities (NT$379.4M).

Long Term Liabilities: 3546's short term assets (NT$1.6B) exceed its long term liabilities (NT$8.2M).


Debt to Equity History and Analysis

Debt Level: 3546 is debt free.

Reducing Debt: 3546 has not had any debt for past 5 years.

Debt Coverage: 3546 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3546 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is USERJOY TechnologyLtd current dividend yield, its reliability and sustainability?

5.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3546's dividend (5.37%) is higher than the bottom 25% of dividend payers in the TW market (1.81%).

High Dividend: 3546's dividend (5.37%) is in the top 25% of dividend payers in the TW market (5.08%)


Stability and Growth of Payments

Stable Dividend: 3546's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3546's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67.8%), 3546's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

17.2yrs

Average management tenure


CEO

Shih Chin

21yrs

Tenure

Shih Wen Chin has been the Chief executive officer of UserJoy Technology Co. Ltd. since December 2000. Shih Wen Chin served as a Programmer, Planner and Producer of Computer & Entertainment, Inc. Shi Wen J...


Leadership Team

Experienced Management: 3546's management team is seasoned and experienced (17.2 years average tenure).


Board Members

Experienced Board: 3546's board of directors are seasoned and experienced ( 16.2 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

USERJOY Technology Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: USERJOY Technology Co.,Ltd.
  • Ticker: 3546
  • Exchange: TPEX
  • Founded: 1995
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: NT$3.999b
  • Shares outstanding: 48.18m
  • Website: https://www.uj.com.tw

Location

  • USERJOY Technology Co.,Ltd.
  • No. 2, Jianba Road
  • 8 of 17th Floor
  • New Taipei City
  • Taiwan

Listings


Company Analysis and Financial Data Status

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