NOT FOR DISTRIBUTION
Header cover image

K WAY Information

Market Cap

NT$1.1b

Last Updated

2021/04/15 08:42 UTC

Data Sources

Company Financials

Executive Summary

K WAY Information Corporation provides software services to the financial industry in Taiwan. More Details


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

5201IndustryMarket
7 Day-1.9%0.7%0.2%
30 Day2.7%6.3%4.2%
90 Day13.1%16.1%8.2%
1 Year16.4%15.4%46.1%39.6%67.1%61.6%
3 Year2.2%-4.7%72.7%47.3%72.5%52.8%
5 Year225.9%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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/15 08:42
End of Day Share Price2021/04/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.