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6243

Ene Technology TWSE:6243 Stock Report

Last Price

NT$31.95

Market Cap

NT$1.4b

7D

3.4%

1Y

-18.5%

Updated

14 Aug, 2022

Data

Company Financials
6243 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

6243 Stock Overview

ENE Technology Inc. engages in the research, design, development, production, and sale of electronic products, information software, and circuit design services in China, Taiwan, and internationally.

Ene Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ene Technology
Historical stock prices
Current Share PriceNT$31.95
52 Week HighNT$76.70
52 Week LowNT$28.80
Beta1.18
1 Month Change-0.47%
3 Month Change-19.52%
1 Year Change-18.54%
3 Year Change53.25%
5 Year Change19.06%
Change since IPO-18.10%

Recent News & Updates

Shareholder Returns

6243TW SemiconductorTW Market
7D3.4%0.5%1.7%
1Y-18.5%-16.4%-9.8%

Return vs Industry: 6243 underperformed the TW Semiconductor industry which returned -16.4% over the past year.

Return vs Market: 6243 underperformed the TW Market which returned -9.8% over the past year.

Price Volatility

Is 6243's price volatile compared to industry and market?
6243 volatility
6243 Average Weekly Movement7.6%
Semiconductor Industry Average Movement6.5%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 6243 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 6243's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1998n/aDylan Chunghttps://www.ene.com.tw

ENE Technology Inc. engages in the research, design, development, production, and sale of electronic products, information software, and circuit design services in China, Taiwan, and internationally. The company offers its embedded controllers for mobile devices; embedded micro controllers; peripherals; tools for product design and development; technical support services for product design; and wireless chargers. ENE Technology Inc. was incorporated in 1998 and is based in Hsinchu City, Taiwan.

Ene Technology Fundamentals Summary

How do Ene Technology's earnings and revenue compare to its market cap?
6243 fundamental statistics
Market CapNT$1.45b
Earnings (TTM)NT$91.75m
Revenue (TTM)NT$810.86m

15.8x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6243 income statement (TTM)
RevenueNT$810.86m
Cost of RevenueNT$539.69m
Gross ProfitNT$271.17m
Other ExpensesNT$179.42m
EarningsNT$91.75m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.02
Gross Margin33.44%
Net Profit Margin11.32%
Debt/Equity Ratio20.8%

How did 6243 perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

53%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 6243 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 6243?

Other financial metrics that can be useful for relative valuation.

6243 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/Revenue1.5x
Enterprise Value/EBITDA21.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6243's PE Ratio compare to its peers?

6243 PE Ratio vs Peers
The above table shows the PE ratio for 6243 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.7x
4956 Epileds Technologies
13.9xn/aNT$1.7b
4923 Force MOS Technology
7.7xn/aNT$1.6b
3150 Syncomm Technology
16.7xn/aNT$1.2b
6708 Mars Semiconductor
44.4xn/aNT$1.9b
6243 Ene Technology
15.8xn/aNT$1.4b

Price-To-Earnings vs Peers: 6243 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (20.7x).


Price to Earnings Ratio vs Industry

How does 6243's PE Ratio compare vs other companies in the TW Semiconductor Industry?

Price-To-Earnings vs Industry: 6243 is expensive based on its Price-To-Earnings Ratio (15.8x) compared to the TW Semiconductor industry average (12.4x)


Price to Earnings Ratio vs Fair Ratio

What is 6243'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.

6243 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6243's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6243 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6243 (NT$31.95) is trading above our estimate of fair value (NT$17.83)

Significantly Below Fair Value: 6243 is trading above our estimate of fair value.


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 Ene 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 Ene 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.


Discover growth companies

  • Examine Ene Technology's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Ene Technology performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


49.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6243 has high quality earnings.

Growing Profit Margin: 6243 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 6243 has become profitable over the past 5 years, growing earnings by 49.7% per year.

Accelerating Growth: 6243 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 6243 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (58.2%).


Return on Equity

High ROE: 6243's Return on Equity (12.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Ene Technology's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6243's short term assets (NT$1.2B) exceed its short term liabilities (NT$442.5M).

Long Term Liabilities: 6243's short term assets (NT$1.2B) exceed its long term liabilities (NT$8.3M).


Debt to Equity History and Analysis

Debt Level: 6243 has more cash than its total debt.

Reducing Debt: 6243's debt to equity ratio has increased from 5.8% to 20.8% over the past 5 years.

Debt Coverage: 6243's debt is not well covered by operating cash flow (3.6%).

Interest Coverage: 6243's interest payments on its debt are well covered by EBIT (38.1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.67%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 6243's dividend (3.67%) is higher than the bottom 25% of dividend payers in the TW market (2.5%).

High Dividend: 6243's dividend (3.67%) is low compared to the top 25% of dividend payers in the TW market (6.52%).


Stability and Growth of Payments

Stable Dividend: 6243's dividends per share have been stable in the past 10 years.

Growing Dividend: 6243's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53.5%), 6243's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 6243 is paying a dividend but the company has no free cash flows.


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Management

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

6.9yrs

Average management tenure


CEO

Dylan Chung

7yrs

Tenure

Mr. Dylan Chung has been Chief Executive Officer at Ene Technology Inc. since August 07, 2015 and its Director since May 22, 2007 and serves as Chairman from June 9, 2022. He is General manager of Janus po...


Leadership Team

Experienced Management: 6243's management team is seasoned and experienced (6.9 years average tenure).


Board Members

Experienced Board: 6243's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 24.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Ene Technology Inc.
  • Ticker: 6243
  • Exchange: TWSE
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: NT$1.448b
  • Shares outstanding: 45.32m
  • Website: https://www.ene.com.tw

Number of Employees


Location

  • Ene Technology Inc.
  • No. 21, Lixing Road
  • 4th Floor
  • Hsinchu City
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 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.