Executive Summary
K WAY Information Corporation provides software services to the financial industry in Taiwan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Share Price & News
How has K WAY Information's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5201 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 5201's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.9%
5201
0.7%
TW IT
0.2%
TW Market
1 Year Return
15.4%
5201
39.6%
TW IT
61.6%
TW Market
Return vs Industry: 5201 underperformed the TW IT industry which returned 39.6% over the past year.
Return vs Market: 5201 underperformed the TW Market which returned 61.6% over the past year.
Shareholder returns
| 5201 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | 0.7% | 0.2% |
| 30 Day | 2.7% | 6.3% | 4.2% |
| 90 Day | 13.1% | 16.1% | 8.2% |
| 1 Year | 16.4%15.4% | 46.1%39.6% | 67.1%61.6% |
| 3 Year | 2.2%-4.7% | 72.7%47.3% | 72.5%52.8% |
| 5 Year | 225.9%179.8% | 160.5%93.4% | 136.5%94.5% |
Long-Term Price Volatility Vs. Market
How volatile is K WAY Information's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
K WAY Information (GTSM:5201) Shareholders Will Want The ROCE Trajectory To Continue2 months ago | Simply Wall St
Declining Stock and Solid Fundamentals: Is The Market Wrong About K WAY Information Corporation (GTSM:5201)?3 months ago | Simply Wall St
Will K WAY Information's (GTSM:5201) Growth In ROCE Persist?Valuation
Is K WAY Information undervalued compared to its fair value and its price relative to the market?
39.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 5201 (NT$36.8) is trading below our estimate of fair value (NT$61.14)
Significantly Below Fair Value: 5201 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 5201 is good value based on its PE Ratio (11.9x) compared to the TW IT industry average (15.3x).
PE vs Market: 5201 is good value based on its PE Ratio (11.9x) compared to the TW market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 5201's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 5201 is good value based on its PB Ratio (2.6x) compared to the TW IT industry average (3x).
Future Growth
How is K WAY Information forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.2%
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 K WAY Information 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.
Past Performance
How has K WAY Information performed over the past 5 years?
44.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5201 has high quality earnings.
Growing Profit Margin: 5201's current net profit margins (30.7%) are higher than last year (20.5%).
Past Earnings Growth Analysis
Earnings Trend: 5201's earnings have grown significantly by 44.2% per year over the past 5 years.
Accelerating Growth: 5201's earnings growth over the past year (130.6%) exceeds its 5-year average (44.2% per year).
Earnings vs Industry: 5201 earnings growth over the past year (130.6%) exceeded the IT industry 25.7%.
Return on Equity
High ROE: 5201's Return on Equity (22.3%) is considered high.
Financial Health
How is K WAY Information's financial position?
Financial Position Analysis
Short Term Liabilities: 5201's short term assets (NT$527.0M) exceed its short term liabilities (NT$125.4M).
Long Term Liabilities: 5201's short term assets (NT$527.0M) exceed its long term liabilities (NT$29.9M).
Debt to Equity History and Analysis
Debt Level: 5201 is debt free.
Reducing Debt: 5201 has not had any debt for past 5 years.
Debt Coverage: 5201 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5201 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is K WAY Information current dividend yield, its reliability and sustainability?
0.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5201's dividend (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 5201's dividend (0.82%) is low compared to the top 25% of dividend payers in the TW market (4.79%).
Stability and Growth of Payments
Stable Dividend: 5201 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 5201 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 5201 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5201'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
K WAY Information has no CEO, or we have no data on them.
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
K WAY Information Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: K WAY Information Corporation
- Ticker: 5201
- Exchange: GTSM
- Founded: 1985
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: NT$1.129b
- Shares outstanding: 30.68m
- Website: https://www.kway.com.tw
Number of Employees
Location
- K WAY Information Corporation
- No.35, Lane 11
- 5th Floor
- Taipei
- 105
- Taiwan
Listings
Biography
K WAY Information Corporation provides software services to the financial industry in Taiwan. It offers securities and futures business solutions, such as trading systems, settlement and clearing managemen...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/15 08:42 |
| End of Day Share Price | 2021/04/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.