GTSM:5209

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CTCI Advanced Systems

Executive Summary

CTCI Advanced Systems Inc. provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally. More Details


Snowflake Analysis

Good value with proven track record.

Share Price & News

How has CTCI Advanced Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5209 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 5209's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

1.1%

5209

-0.04%

TW IT

0.8%

TW Market


1 Year Return

29.0%

5209

15.2%

TW IT

28.4%

TW Market

Return vs Industry: 5209 exceeded the TW IT industry which returned 15.2% over the past year.

Return vs Market: 5209 matched the TW Market which returned 28.4% over the past year.


Shareholder returns

5209IndustryMarket
7 Day1.1%-0.04%0.8%
30 Day-1.8%-0.1%8.8%
90 Day-1.2%4.9%21.2%
1 Year35.2%29.0%20.6%15.2%32.9%28.4%
3 Year63.7%37.5%63.4%39.7%55.1%37.7%
5 Year117.7%61.7%167.3%98.6%139.0%97.0%

Long-Term Price Volatility Vs. Market

How volatile is CTCI Advanced Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CTCI Advanced Systems 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: 5209 (NT$65.8) is trading below our estimate of fair value (NT$164.71)

Significantly Below Fair Value: 5209 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5209 is good value based on its PE Ratio (12.3x) compared to the TW IT industry average (14.9x).

PE vs Market: 5209 is good value based on its PE Ratio (12.3x) compared to the TW market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5209's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5209 is overvalued based on its PB Ratio (6.2x) compared to the TW IT industry average (2.9x).


Next Steps

Future Growth

How is CTCI Advanced Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.2%

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 CTCI Advanced Systems 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

Past Performance

How has CTCI Advanced Systems performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5209 has a large one-off gain of NT$70.5M impacting its September 30 2020 financial results.

Growing Profit Margin: 5209's current net profit margins (13.2%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: 5209's earnings have grown by 5.3% per year over the past 5 years.

Accelerating Growth: 5209's earnings growth over the past year (61.9%) exceeds its 5-year average (5.3% per year).

Earnings vs Industry: 5209 earnings growth over the past year (61.9%) exceeded the IT industry 30.8%.


Return on Equity

High ROE: Whilst 5209's Return on Equity (49.31%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is CTCI Advanced Systems's financial position?


Financial Position Analysis

Short Term Liabilities: 5209's short term assets (NT$1.3B) do not cover its short term liabilities (NT$1.4B).

Long Term Liabilities: 5209's short term assets (NT$1.3B) exceed its long term liabilities (NT$82.9M).


Debt to Equity History and Analysis

Debt Level: 5209's debt to equity ratio (103.3%) is considered high.

Reducing Debt: Insufficient data to determine if 5209's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 5209's debt is well covered by operating cash flow (89%).

Interest Coverage: 5209 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is CTCI Advanced Systems's current dividend yield, its reliability and sustainability?

4.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5209's dividend (4.51%) is higher than the bottom 25% of dividend payers in the TW market (2.06%).

High Dividend: 5209's dividend (4.51%) is low compared to the top 25% of dividend payers in the TW market (5.09%).


Stability and Growth of Payments

Stable Dividend: 5209's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5209's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.7%), 5209's dividend payments are 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?

5.2yrs

Average management tenure


CEO

Chen-Chin Chen

3.58yrs

Tenure

Mr. Chen-Chin Chen is Director of CTCI Advanced Systems Inc and is its President since June 22, 2017. He was the Chairman at CTCI Advanced Systems Inc. since June 22, 2017 until December 11, 2018 and serve...


Leadership Team

NamePositionTenureCompensationOwnership
Chen-Chin Chen
President & Director3.58yrsno datano data
Ming-Hsia Chen
Finance Manager14.75yrsno datano data
Yu-Wan Hsu
Accounting Manager5.17yrsno datano data
Kevin O'hara
Executive Vice President of Sales & Marketing6.08yrsno datano data
Ting-Shun Chuang
Chief Engineerno datano datano data
Albert Tsao
Chief Engineerno datano datano data
Kuo-Chun Chang
Chief Engineerno datano datano data
John Fann
Chief Engineerno datano datano data
Bruce Wang
Chief Engineerno datano datano data
Chase Liu
Chief Engineerno datano datano data
Cathy Chen
Chief Engineerno datano datano data
Chih-Cheng Lin
Company Secretary1.83yrsno datano data

5.2yrs

Average Tenure

Experienced Management: 5209's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chen-Chin Chen
President & Director3.58yrsno datano data
Shyue-Ching Lu
Director3.58yrsno datano data
Bao-Lang Chen
Director9.42yrsno datano data
Hou-Sheng Chan
Director12.58yrsno datano data
Hung-I Chen
Director7.58yrsno datano data
Ryh-Yan Chang
Independent Director6.58yrsno datano data
Mei-Huei Li
Independent Director6.58yrsno datano data
Wen-Nan Tsan
Independent Director3.58yrsno datano data
Teng-Yaw Yu
Director3.58yrsno datano data
Kuo-Ann Wu
Chairman of the Board0.083yrno datano data

5.1yrs

Average Tenure

Experienced Board: 5209's board of directors are considered experienced (5.1 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 been diluted in the past year, with total shares outstanding growing by 15.2%.


Top Shareholders

Company Information

CTCI Advanced Systems Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CTCI Advanced Systems Inc.
  • Ticker: 5209
  • Exchange: GTSM
  • Founded: 1987
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: NT$1.781b
  • Shares outstanding: 27.07m
  • Website: https://www.acs.com.tw

Location

  • CTCI Advanced Systems Inc.
  • No. 52, Nangang Road
  • 5th Floor
  • Taipei
  • 11510
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5209GTSM (Taipei Exchange)YesCommon StockTWTWDFeb 2002

Biography

CTCI Advanced Systems Inc. provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally. The company provides main aut...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 08:33
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.