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4952

Generalplus Technology TWSE:4952 Stock Report

Last Price

NT$46.95

Market Cap

NT$5.4b

7D

-10.2%

1Y

-27.2%

Updated

28 Sep, 2022

Data

Company Financials
4952 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends5/6

4952 Stock Overview

Generalplus Technology Inc. researches, develops, and sells integrated circuits worldwide.

Generalplus Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Generalplus Technology
Historical stock prices
Current Share PriceNT$46.95
52 Week HighNT$88.10
52 Week LowNT$47.45
Beta0.47
1 Month Change-16.76%
3 Month Change-20.96%
1 Year Change-27.21%
3 Year Change37.68%
5 Year Change-13.06%
Change since IPO-15.04%

Recent News & Updates

Shareholder Returns

4952TW SemiconductorTW Market
7D-10.2%-6.4%-5.1%
1Y-27.2%-29.4%-19.0%

Return vs Industry: 4952 exceeded the TW Semiconductor industry which returned -29.4% over the past year.

Return vs Market: 4952 underperformed the TW Market which returned -19% over the past year.

Price Volatility

Is 4952's price volatile compared to industry and market?
4952 volatility
4952 Average Weekly Movement6.7%
Semiconductor Industry Average Movement6.2%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 4952 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 4952's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
2004n/aKevin Chiahttps://www.generalplus.com

Generalplus Technology Inc. researches, develops, and sells integrated circuits worldwide. It offers speech/tone synthesizers, sound processors, controllers, and one battery speech synthesizers; LCD controllers and drivers; multimedia processors; automobile video recorders; remote, motor, gTouch, and charger controls, as well as controllers for home applications; flash products; and motor drivers, audio amplifiers, linear regulators, ADC and microphone pre-amplifiers, I/O bus extenders, USB bridge and socket servers, touch applications, USB headset solutions, and three-axis accelerometers. The company was founded in 2004 and is headquartered in Hsinchu City, Taiwan.

Generalplus Technology Fundamentals Summary

How do Generalplus Technology's earnings and revenue compare to its market cap?
4952 fundamental statistics
Market CapNT$5.40b
Earnings (TTM)NT$825.19m
Revenue (TTM)NT$3.90b

6.2x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4952 income statement (TTM)
RevenueNT$3.90b
Cost of RevenueNT$2.03b
Gross ProfitNT$1.87b
Other ExpensesNT$1.05b
EarningsNT$825.19m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)7.58
Gross Margin48.01%
Net Profit Margin21.17%
Debt/Equity Ratio4.0%

How did 4952 perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

71%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 4952 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4952?

Other financial metrics that can be useful for relative valuation.

4952 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA3.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 4952's PE Ratio compare to its peers?

4952 PE Ratio vs Peers
The above table shows the PE ratio for 4952 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.3x
3289 Integrated Service Technology
21.6xn/aNT$5.6b
3265 Winstek Semiconductor
6.8xn/aNT$5.4b
2342 Mosel Vitelic
11xn/aNT$5.7b
2369 Lingsen Precision Industries
5.8x-15.5%NT$5.0b
4952 Generalplus Technology
6.2xn/aNT$5.4b

Price-To-Earnings vs Peers: 4952 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (11.3x).


Price to Earnings Ratio vs Industry

How does 4952's PE Ratio compare vs other companies in the TW Semiconductor Industry?

Price-To-Earnings vs Industry: 4952 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the TW Semiconductor industry average (11.2x)


Price to Earnings Ratio vs Fair Ratio

What is 4952'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.

4952 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4952's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 4952 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4952 (NT$46.95) is trading below our estimate of fair value (NT$218.8)

Significantly Below Fair Value: 4952 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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Future Growth

How is Generalplus Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.0%

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 Generalplus 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.


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  • Examine whether Generalplus Technology 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.

Past Performance

How has Generalplus Technology performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 4952 has high quality earnings.

Growing Profit Margin: 4952's current net profit margins (21.2%) are higher than last year (13.6%).


Past Earnings Growth Analysis

Earnings Trend: 4952's earnings have grown by 18.3% per year over the past 5 years.

Accelerating Growth: 4952's earnings growth over the past year (81.4%) exceeds its 5-year average (18.3% per year).

Earnings vs Industry: 4952 earnings growth over the past year (81.4%) exceeded the Semiconductor industry 50.5%.


Return on Equity

High ROE: 4952's Return on Equity (34.9%) is considered high.


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Financial Health

How is Generalplus Technology's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 4952's short term assets (NT$3.2B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 4952's short term assets (NT$3.2B) exceed its long term liabilities (NT$181.6M).


Debt to Equity History and Analysis

Debt Level: 4952 has more cash than its total debt.

Reducing Debt: 4952's debt to equity ratio has reduced from 15.6% to 4% over the past 5 years.

Debt Coverage: 4952's debt is well covered by operating cash flow (863.6%).

Interest Coverage: 4952 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Generalplus Technology current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


11.50%

Current Dividend Yield

Dividend Yield vs Market

Generalplus Technology Dividend Yield vs Market
How does Generalplus Technology dividend yield compare to the market?
SegmentDividend Yield
Company (Generalplus Technology)11.5%
Market Bottom 25% (TW)2.5%
Market Top 25% (TW)6.9%
Industry Average (Semiconductor)4.1%
Analyst forecast in 3 Years (Generalplus Technology)n/a

Notable Dividend: 4952's dividend (11.5%) is higher than the bottom 25% of dividend payers in the TW market (2.51%).

High Dividend: 4952's dividend (11.5%) is in the top 25% of dividend payers in the TW market (6.91%)


Stability and Growth of Payments

Stable Dividend: 4952's dividend payments have been volatile in the past 10 years.

Growing Dividend: 4952's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71.2%), 4952's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (79.2%), 4952's dividend payments are covered by cash flows.


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Management

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


CEO

Kevin Chia

0.33yr

Tenure

Mr. Kevin Chia serves as the President of Generalplus Technology Inc and also serves as its Director since May 2022. Mr. Chia served as the Chief Technology Officer at Generalplus Technology Inc. since 201...


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

What is the ownership structure of 4952?
Owner TypeNumber of SharesOwnership Percentage
Institutions1,755,5591.6%
General Public107,060,44198.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 5 shareholders own 1.55% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
0.72%
Dimensional Fund Advisors LP
780,344NT$36.6m0.19%no data
0.42%
Cambria Investment Management, L.P.
462,000NT$21.7m1.54%0.08%
0.34%
BNY Mellon Asset Management
370,000NT$17.4m4.23%no data
0.038%
Strategic Advisers LLC
41,215NT$1.9m0.43%no data
0.032%
American Century Investment Management Inc
35,000NT$1.6m0%no data

Company Information

Generalplus Technology Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Generalplus Technology Inc.
  • Ticker: 4952
  • Exchange: TWSE
  • Founded: 2004
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: NT$5.397b
  • Shares outstanding: 108.82m
  • Website: https://www.generalplus.com

Location

  • Generalplus Technology Inc.
  • Hsinchu Science Park
  • No. 19, Industry East Road IV
  • Hsinchu City
  • 30077
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4952TWSE (Taiwan Stock Exchange)YesCommon StockTWTWDAug 2010

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.