9945 Stock Overview
Ruentex Development Co., Ltd. provides construction and civil engineering contracting services in Taiwan.
Ruentex DevelopmentLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$50.30|
|52 Week High||NT$80.70|
|52 Week Low||NT$48.75|
|1 Month Change||-15.03%|
|3 Month Change||-28.04%|
|1 Year Change||-10.18%|
|3 Year Change||142.27%|
|5 Year Change||121.60%|
|Change since IPO||2.09%|
Recent News & Updates
|9945||TW Real Estate||TW Market|
Return vs Industry: 9945 underperformed the TW Real Estate industry which returned -6.3% over the past year.
Return vs Market: 9945 exceeded the TW Market which returned -18.3% over the past year.
|9945 Average Weekly Movement||7.0%|
|Real Estate Industry Average Movement||2.8%|
|Market Average Movement||5.1%|
|10% most volatile stocks in TW Market||8.2%|
|10% least volatile stocks in TW Market||2.4%|
Stable Share Price: 9945 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 9945's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
Ruentex Development Co., Ltd. provides construction and civil engineering contracting services in Taiwan. The company is involved in the construction of residential buildings through subcontracting; lease and sale of commercial buildings; trade of construction materials; sale of related merchandise; operation of supermarkets and shopping malls; undertaking of construction and civil engineering activities; telecommunications enterprises and communication engineering activities; and import/export, manufacture, and planning of precast constructional components, such as beams, columns, and walls, as well as provision of relevant electrical and mechanical works. It also operates department stores and supermarkets; and manufactures waste disposal and pollution prevention equipment.
Ruentex DevelopmentLtd Fundamentals Summary
|9945 fundamental statistics|
Is 9945 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|9945 income statement (TTM)|
|Cost of Revenue||NT$23.46b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||7.36|
|Net Profit Margin||52.13%|
How did 9945 perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is 9945 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 9945?
Other financial metrics that can be useful for relative valuation.
|What is 9945's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 9945's PE Ratio compare to its peers?
|9945 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
2542 Highwealth Construction
5522 Farglory Land Development
2540 JSL Construction & Development
2548 Huaku Development
9945 Ruentex DevelopmentLtd
Price-To-Earnings vs Peers: 9945 is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (13x).
Price to Earnings Ratio vs Industry
How does 9945's PE Ratio compare vs other companies in the TW Real Estate Industry?
Price-To-Earnings vs Industry: 9945 is good value based on its Price-To-Earnings Ratio (6.8x) compared to the TW Real Estate industry average (12.2x)
Price to Earnings Ratio vs Fair Ratio
What is 9945'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||6.8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 9945's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 9945 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 9945 (NT$50.3) is trading below our estimate of fair value (NT$146.81)
Significantly Below Fair Value: 9945 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 Ruentex DevelopmentLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ruentex DevelopmentLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Ruentex DevelopmentLtd is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Ruentex DevelopmentLtd performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9945 has high quality earnings.
Growing Profit Margin: 9945's current net profit margins (52.1%) are lower than last year (63.6%).
Past Earnings Growth Analysis
Earnings Trend: 9945's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: 9945's earnings growth over the past year (5.4%) is below its 5-year average (6.7% per year).
Earnings vs Industry: 9945 earnings growth over the past year (5.4%) underperformed the Real Estate industry 6.2%.
Return on Equity
High ROE: Whilst 9945's Return on Equity (47.85%) is outstanding, this metric is skewed due to their high level of debt.
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How is Ruentex DevelopmentLtd's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 9945's short term assets (NT$50.1B) exceed its short term liabilities (NT$32.0B).
Long Term Liabilities: 9945's short term assets (NT$50.1B) exceed its long term liabilities (NT$46.4B).
Debt to Equity History and Analysis
Debt Level: 9945's net debt to equity ratio (105.3%) is considered high.
Reducing Debt: 9945's debt to equity ratio has increased from 92.7% to 132% over the past 5 years.
Debt Coverage: 9945's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 9945's interest payments on its debt are well covered by EBIT (7.9x coverage).
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What is Ruentex DevelopmentLtd current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Ruentex DevelopmentLtd Dividend Yield vs Market|
|Company (Ruentex DevelopmentLtd)||4.0%|
|Market Bottom 25% (TW)||2.6%|
|Market Top 25% (TW)||7.0%|
|Industry Average (Real Estate)||6.7%|
|Analyst forecast in 3 Years (Ruentex DevelopmentLtd)||n/a|
Notable Dividend: 9945's dividend (3.98%) is higher than the bottom 25% of dividend payers in the TW market (2.59%).
High Dividend: 9945's dividend (3.98%) is low compared to the top 25% of dividend payers in the TW market (7.04%).
Stability and Growth of Payments
Stable Dividend: 9945's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9945's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.4%), 9945's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.1%), 9945'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 board tenure
Mr. Chih-Hung Lee is a Director at Ruentex Industries Limited. He serves as the President and Director of Ruentex Development Co.,Ltd. since September 3, 2012 and serves as its Manager.He has been Chairma...
Experienced Board: 9945's board of directors are considered experienced (9.3 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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Ruentex Development Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: Ruentex Development Co.,Ltd.
- Ticker: 9945
- Exchange: TWSE
- Founded: 1977
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: NT$105.612b
- Shares outstanding: 2.10b
- Website: https://www.rt-develop.com.tw
- Ruentex Development Co.,Ltd.
- No. 308, Bade Road
- 11th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|9945||TWSE (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Sep 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 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.