Executive Summary
Papago Inc. produces and sells vehicle communication devices in Taiwan, Japan, the United States, and Mainland China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Papago's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3632 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3632's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.5%
3632
-3.4%
TW Software
0.7%
TW Market
1 Year Return
-36.0%
3632
-12.8%
TW Software
28.1%
TW Market
Return vs Industry: 3632 underperformed the TW Software industry which returned -12.8% over the past year.
Return vs Market: 3632 underperformed the TW Market which returned 28.1% over the past year.
Shareholder returns
| 3632 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -3.4% | 0.7% |
| 30 Day | 2.9% | 1.1% | 8.4% |
| 90 Day | -6.3% | 0.6% | 21.1% |
| 1 Year | -36.0%-36.0% | -9.8%-12.8% | 32.6%28.1% |
| 3 Year | -56.5%-56.5% | -1.2%-7.5% | 54.5%37.1% |
| 5 Year | -69.5%-69.5% | 17.2%4.3% | 137.9%96.1% |
Long-Term Price Volatility Vs. Market
How volatile is Papago's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's Why Papago (GTSM:3632) Can Afford Some Debt3 months ago | Simply Wall St
Is Papago (GTSM:3632) A Risky Investment?9 months ago | Simply Wall St
Did You Manage To Avoid Papago's (GTSM:3632) Painful 64% Share Price Drop?Valuation
Is Papago undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3632 (NT$10.5) is trading below our estimate of fair value (NT$34.24)
Significantly Below Fair Value: 3632 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3632 is unprofitable, so we can't compare its PE Ratio to the TW Software industry average.
PE vs Market: 3632 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3632's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3632 is good value based on its PB Ratio (2x) compared to the TW Software industry average (2.3x).
Next Steps
Future Growth
How is Papago forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
30.8%
Forecasted Software 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 Papago 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.
Next Steps
- Examine whether Papago 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.
- Explore growth companies in the Software industry.
Past Performance
How has Papago performed over the past 5 years?
-48.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3632 is currently unprofitable.
Growing Profit Margin: 3632 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3632 is unprofitable, and losses have increased over the past 5 years at a rate of 48.5% per year.
Accelerating Growth: Unable to compare 3632's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3632 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.3%).
Return on Equity
High ROE: 3632 has a negative Return on Equity (-86.28%), as it is currently unprofitable.
Next Steps
Financial Health
How is Papago's financial position?
Financial Position Analysis
Short Term Liabilities: 3632's short term assets (NT$290.0M) exceed its short term liabilities (NT$189.3M).
Long Term Liabilities: 3632's short term assets (NT$290.0M) exceed its long term liabilities (NT$273.4M).
Debt to Equity History and Analysis
Debt Level: 3632's debt to equity ratio (146.9%) is considered high.
Reducing Debt: 3632's debt to equity ratio has increased from 123.2% to 146.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3632 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3632 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21% per year.
Next Steps
Dividend
What is Papago current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3632's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3632's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3632's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3632's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3632 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3632's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Chien Liangyi
no data
Tenure
Chien Liangyi serves as the Chairman and Chief Executive Officer at Maction Technologies, Inc.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Papago Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Papago Inc.
- Ticker: 3632
- Exchange: GTSM
- Founded: 2001
- Industry: Application Software
- Sector: Software
- Market Cap: NT$429.342m
- Shares outstanding: 40.89m
- Website: https://tw.papagoinc.com
Location
- Papago Inc.
- No. 200, Gangbei Road
- 4th Floor
- Taipei
- 11494
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3632 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Aug 2008 |
Biography
Papago Inc. produces and sells vehicle communication devices in Taiwan, Japan, the United States, and Mainland China. It offers driving recorders; electronic rearview mirrors; GPS satellite navigation prod...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 17:09 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.