Executive Summary
Wistron Information Technology & Services Corporation operates as an information technology (IT) service provider to Fortune 500 companies worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Share Price & News
How has Wistron Information Technology & Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4953 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 4953's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
4953
-2.3%
TW IT
2.0%
TW Market
1 Year Return
-13.6%
4953
12.4%
TW IT
31.2%
TW Market
Return vs Industry: 4953 underperformed the TW IT industry which returned 12.4% over the past year.
Return vs Market: 4953 underperformed the TW Market which returned 31.2% over the past year.
Shareholder returns
| 4953 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | -2.3% | 2.0% |
| 30 Day | -5.9% | -2.0% | 10.6% |
| 90 Day | 10.7% | 3.8% | 22.8% |
| 1 Year | -10.2%-13.6% | 17.6%12.4% | 35.8%31.2% |
| 3 Year | 284.6%262.5% | 57.9%35.3% | 58.3%40.5% |
| 5 Year | 573.0%480.8% | 155.4%89.4% | 133.0%92.1% |
Long-Term Price Volatility Vs. Market
How volatile is Wistron Information Technology & Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Wistron Information Technology & Services (GTSM:4953) Has Rewarded Shareholders With An Exceptional 643% Total Return On Their Investment4 weeks ago | Simply Wall St
Is Wistron Information Technology & Services Corporation (GTSM:4953) A Smart Choice For Dividend Investors?1 month ago | Simply Wall St
Does Wistron Information Technology & Services (GTSM:4953) Have The Makings Of A Multi-Bagger?Valuation
Is Wistron Information Technology & Services 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: 4953 (NT$93.6) is trading below our estimate of fair value (NT$897.62)
Significantly Below Fair Value: 4953 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 4953 is good value based on its PE Ratio (13.9x) compared to the TW IT industry average (14.5x).
PE vs Market: 4953 is good value based on its PE Ratio (13.9x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4953's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4953's PB Ratio (2.8x) is in line with the TW IT industry average.
Next Steps
Future Growth
How is Wistron Information Technology & Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
7.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 4953's forecast earnings growth is above the savings rate (0.8%).
Earnings vs Market: Insufficient data to determine if 4953's earnings are forecast to grow faster than the TW market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 4953's revenue (7.4% per year) is forecast to grow slower than the TW market (11.2% per year).
High Growth Revenue: 4953's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 4953's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Wistron Information Technology & Services performed over the past 5 years?
50.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4953 has high quality earnings.
Growing Profit Margin: 4953's current net profit margins (8.8%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: 4953's earnings have grown significantly by 50.4% per year over the past 5 years.
Accelerating Growth: 4953's earnings growth over the past year (12%) is below its 5-year average (50.4% per year).
Earnings vs Industry: 4953 earnings growth over the past year (12%) underperformed the IT industry 29.9%.
Return on Equity
High ROE: 4953's Return on Equity (20.1%) is considered high.
Next Steps
Financial Health
How is Wistron Information Technology & Services's financial position?
Financial Position Analysis
Short Term Liabilities: 4953's short term assets (NT$2.4B) exceed its short term liabilities (NT$893.3M).
Long Term Liabilities: 4953's short term assets (NT$2.4B) exceed its long term liabilities (NT$200.3M).
Debt to Equity History and Analysis
Debt Level: 4953's debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 4953's debt to equity ratio has reduced from 5.5% to 4.2% over the past 5 years.
Debt Coverage: 4953's debt is well covered by operating cash flow (704.5%).
Interest Coverage: 4953's interest payments on its debt are well covered by EBIT (208.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Wistron Information Technology & Services's current dividend yield, its reliability and sustainability?
3.44%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4953's dividend (3.42%) is higher than the bottom 25% of dividend payers in the TW market (2.09%).
High Dividend: 4953's dividend (3.42%) is low compared to the top 25% of dividend payers in the TW market (5.15%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 4953 has been paying a dividend for less than 10 years.
Growing Dividend: 4953's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.7%), 4953's dividend payments are 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average board tenure
CEO
Ching Hsiao
1.58yrs
Tenure
Mr. Ching Hsiao has been Chairman and Chief Executive Officer of Wistron Information Technology & Services Corporation since June 24, 2019 and serves as its Director since June 14, 2005. He serves as Chair...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 1.58yrs | no data | no data | |
| Director | 4.58yrs | no data | no data | |
| Director | 20.75yrs | no data | no data | |
| Independent Director | 7.58yrs | no data | no data | |
| Supervisor | no data | no data | no data | |
| Independent Director | 7.58yrs | no data | no data | |
| Director | 7.58yrs | no data | no data | |
| Director | 4.58yrs | no data | no data | |
| Independent Director | 1.58yrs | no data | no data |
6.1yrs
Average Tenure
Experienced Board: 4953's board of directors are considered experienced (6.1 years average tenure).
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
Wistron Information Technology & Services Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wistron Information Technology & Services Corporation
- Ticker: 4953
- Exchange: GTSM
- Founded: 1992
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: NT$6.108b
- Shares outstanding: 65.75m
- Website: https://www.wistronits.com
Location
- Wistron Information Technology & Services Corporation
- No. 93, Section 1, Xintai 5th Road
- 32nd Floor
- New Taipei City
- 22175
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 4953 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Jun 2010 |
Biography
Wistron Information Technology & Services Corporation operates as an information technology (IT) service provider to Fortune 500 companies worldwide. It provides R&D as a service, which include talents out...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 17:17 |
| End of Day Share Price | 2021/01/26 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.