6515 Stock Overview
WinWay Technology Co., Ltd. designs, manufactures, processes, and sells optoelectronic product test fixtures, integrated circuit test interfaces, and fixtures and their components in Taiwan, the United States, China, Europe, Canada, and Asia.
WinWay Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$374.00|
|52 Week High||NT$479.00|
|52 Week Low||NT$232.00|
|1 Month Change||20.26%|
|3 Month Change||5.20%|
|1 Year Change||45.81%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-35.85%|
Recent News & Updates
|6515||TW Semiconductor||TW Market|
Return vs Industry: 6515 exceeded the TW Semiconductor industry which returned -21.1% over the past year.
Return vs Market: 6515 exceeded the TW Market which returned -13.2% over the past year.
|6515 Average Weekly Movement||8.5%|
|Semiconductor Industry Average Movement||6.4%|
|Market Average Movement||5.0%|
|10% most volatile stocks in TW Market||8.3%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 6515 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 6515's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
WinWay Technology Co., Ltd. designs, manufactures, processes, and sells optoelectronic product test fixtures, integrated circuit test interfaces, and fixtures and their components in Taiwan, the United States, China, Europe, Canada, and Asia. Its products include coaxial, spring probe, and PoP sockets; elastomers; vertical and WLCSP probe cards; and thermal control systems, high performance heat sink lids, high performance test sockets, changeover kits, direct docking probe cards, burn-in sockets, and contact element products. The company also engages in the provision of professional and technical support services; and import and export trade of related products.
WinWay Technology Fundamentals Summary
|6515 fundamental statistics|
Is 6515 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6515 income statement (TTM)|
|Cost of Revenue||NT$1.83b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||16.36|
|Net Profit Margin||17.84%|
How did 6515 perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is 6515 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
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 6515?
Other financial metrics that can be useful for relative valuation.
|What is 6515's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 6515's PE Ratio compare to its peers?
|6515 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
2455 Visual Photonics Epitaxy
3413 Foxsemicon Integrated Technology
6515 WinWay Technology
Price-To-Earnings vs Peers: 6515 is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (14.6x).
Price to Earnings Ratio vs Industry
How does 6515's PE Ratio compare vs other companies in the TW Semiconductor Industry?
Price-To-Earnings vs Industry: 6515 is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the TW Semiconductor industry average (12.1x)
Price to Earnings Ratio vs Fair Ratio
What is 6515'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||22.9x|
|Fair PE Ratio||18.9x|
Price-To-Earnings vs Fair Ratio: 6515 is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).
Share Price vs Fair Value
What is the Fair Price of 6515 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6515 (NT$374) is trading below our estimate of fair value (NT$651.83)
Significantly Below Fair Value: 6515 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.
Discover undervalued companies
How is WinWay Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6515's forecast earnings growth (22.6% per year) is above the savings rate (0.7%).
Earnings vs Market: 6515's earnings (22.6% per year) are forecast to grow faster than the TW market (5.8% per year).
High Growth Earnings: 6515's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6515's revenue (20.3% per year) is forecast to grow faster than the TW market (7.2% per year).
High Growth Revenue: 6515's revenue (20.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6515's Return on Equity is forecast to be high in 3 years time (28.1%)
Discover growth companies
How has WinWay Technology performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6515 has high quality earnings.
Growing Profit Margin: 6515's current net profit margins (17.8%) are higher than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: 6515's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: 6515's earnings growth over the past year (18.2%) exceeds its 5-year average (14.6% per year).
Earnings vs Industry: 6515 earnings growth over the past year (18.2%) underperformed the Semiconductor industry 58.2%.
Return on Equity
High ROE: 6515's Return on Equity (20.8%) is considered high.
Discover strong past performing companies
How is WinWay Technology's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6515's short term assets (NT$2.9B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 6515's short term assets (NT$2.9B) exceed its long term liabilities (NT$53.3M).
Debt to Equity History and Analysis
Debt Level: 6515 is debt free.
Reducing Debt: 6515 had no debt 5 years ago.
Debt Coverage: 6515 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6515 has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is WinWay Technology current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6515's dividend (2.94%) is higher than the bottom 25% of dividend payers in the TW market (2.53%).
High Dividend: 6515's dividend (2.94%) is low compared to the top 25% of dividend payers in the TW market (6.58%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 6515's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6515's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.5%), 6515's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.2%), 6515's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Mark Wang founded WinWay Technology Co., Ltd. in 2001 and serves as Chief Executive Officer since April 01, 2001 also serves as the Chairman of the Board since January 10, 2020.
Experienced Board: 6515's board of directors are not considered experienced ( 2.6 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.
WinWay Technology Co., Ltd.'s employee growth, exchange listings and data sources
- Name: WinWay Technology Co., Ltd.
- Ticker: 6515
- Exchange: TWSE
- Founded: 2001
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: NT$12.809b
- Shares outstanding: 34.25m
- Website: https://www.winwayglobal.com
- WinWay Technology Co., Ltd.
- No. 68, Chuangyi South Road
- Nanzih District
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/11 00:00|
|End of Day Share Price||2022/08/11 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.