ThinTech Materials Technology Co., Ltd. designs, manufactures, and sell alloys and optoelectronics materials in Taiwan, Mainland China, Japan, Europe, and the North America. More Details
Flawless balance sheet with questionable track record.
Share Price & News
How has ThinTech Materials Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3663 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3663's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3663 underperformed the TW Semiconductor industry which returned 118.9% over the past year.
Return vs Market: 3663 underperformed the TW Market which returned 67.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is ThinTech Materials Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCould ThinTech Materials Technology Co., Ltd. (GTSM:3663) Have The Makings Of Another Dividend Aristocrat?
1 month ago | Simply Wall StDid ThinTech Materials Technology's (GTSM:3663) Share Price Deserve to Gain 32%?
1 month ago | Simply Wall StIs ThinTech Materials Technology (GTSM:3663) Using Too Much Debt?
Is ThinTech Materials Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3663 (NT$24.45) is trading above our estimate of fair value (NT$10.2)
Significantly Below Fair Value: 3663 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3663 is poor value based on its PE Ratio (38x) compared to the TW Semiconductor industry average (29.2x).
PE vs Market: 3663 is poor value based on its PE Ratio (38x) compared to the TW market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3663's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3663 is good value based on its PB Ratio (1.5x) compared to the TW Semiconductor industry average (2.9x).
How is ThinTech Materials Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors 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 ThinTech Materials Technology 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.
How has ThinTech Materials Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3663 has high quality earnings.
Growing Profit Margin: 3663's current net profit margins (2%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 3663 has become profitable over the past 5 years, growing earnings by 54.8% per year.
Accelerating Growth: 3663's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3663 had negative earnings growth (-60.1%) over the past year, making it difficult to compare to the Semiconductor industry average (27.5%).
Return on Equity
High ROE: 3663's Return on Equity (4.1%) is considered low.
How is ThinTech Materials Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3663's short term assets (NT$1.3B) exceed its short term liabilities (NT$475.7M).
Long Term Liabilities: 3663's short term assets (NT$1.3B) exceed its long term liabilities (NT$123.5M).
Debt to Equity History and Analysis
Debt Level: 3663's debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 3663's debt to equity ratio has reduced from 45.7% to 8.3% over the past 5 years.
Debt Coverage: 3663's debt is well covered by operating cash flow (129.3%).
Interest Coverage: 3663's interest payments on its debt are well covered by EBIT (8.6x coverage).
What is ThinTech Materials Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3663's dividend (3.27%) is higher than the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 3663's dividend (3.27%) is low compared to the top 25% of dividend payers in the TW market (4.78%).
Stability and Growth of Payments
Stable Dividend: 3663's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3663's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (124.2%), 3663's dividend payments are not well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
ThinTech Materials Technology has no CEO, or we have no data on them.
Experienced Board: 3663's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
ThinTech Materials Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: ThinTech Materials Technology Co., Ltd.
- Ticker: 3663
- Exchange: GTSM
- Founded: 2000
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: NT$1.786b
- Shares outstanding: 73.50m
- Website: https://www.e-ttmc.com.tw
- ThinTech Materials Technology Co., Ltd.
- No. 1, Luke 8th Road
- Lujhu District
ThinTech Materials Technology Co., Ltd. designs, manufactures, and sell alloys and optoelectronics materials in Taiwan, Mainland China, Japan, Europe, and the North America. Its products include sputtering...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 08:54|
|End of Day Share Price||2021/04/13 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.