Azion Corporation provides information, communication, network, telecommunications, broadband, traffic control engineering, and cloud applications services in Taiwan. More Details
Excellent balance sheet and good value.
Share Price & News
How has Azion's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6148 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6148's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6148 exceeded the TW IT industry which returned 46.4% over the past year.
Return vs Market: 6148 exceeded the TW Market which returned 68.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Azion's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAzion Corporation (GTSM:6148) Looks Interesting, And It's About To Pay A Dividend
4 weeks ago | Simply Wall StIs Azion (GTSM:6148) A Risky Investment?
1 month ago | Simply Wall StAzion Corporation (GTSM:6148) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Is Azion undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6148 (NT$17.7) is trading below our estimate of fair value (NT$211.95)
Significantly Below Fair Value: 6148 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6148's PE Ratio (16x) is in line with the TW IT industry average.
PE vs Market: 6148 is good value based on its PE Ratio (16x) compared to the TW market (21x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6148's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6148 is good value based on its PB Ratio (1.5x) compared to the TW IT industry average (3x).
How is Azion forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Azion 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.
How has Azion performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6148 has high quality earnings.
Growing Profit Margin: 6148's current net profit margins (6.7%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 6148's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: 6148's earnings growth over the past year (81.4%) exceeds its 5-year average (-5.7% per year).
Earnings vs Industry: 6148 earnings growth over the past year (81.4%) exceeded the IT industry 25.7%.
Return on Equity
High ROE: 6148's Return on Equity (9.5%) is considered low.
How is Azion's financial position?
Financial Position Analysis
Short Term Liabilities: 6148's short term assets (NT$645.4M) exceed its short term liabilities (NT$319.8M).
Long Term Liabilities: 6148's short term assets (NT$645.4M) exceed its long term liabilities (NT$153.2M).
Debt to Equity History and Analysis
Debt Level: 6148's debt to equity ratio (45.2%) is considered high.
Reducing Debt: 6148's debt to equity ratio has reduced from 180.1% to 45.2% over the past 5 years.
Debt Coverage: 6148's debt is well covered by operating cash flow (70.4%).
Interest Coverage: 6148 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Azion current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6148's dividend (4.58%) is higher than the bottom 25% of dividend payers in the TW market (1.91%).
High Dividend: 6148's dividend (4.58%) is low compared to the top 25% of dividend payers in the TW market (4.71%).
Stability and Growth of Payments
Stable Dividend: 6148 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6148's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (73.1%), 6148'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.
How experienced are the management team and are they aligned to shareholders interests?
Azion has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Azion Corporation's company bio, employee growth, exchange listings and data sources
- Name: Azion Corporation
- Ticker: 6148
- Exchange: GTSM
- Founded: 1991
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: NT$790.376m
- Shares outstanding: 44.65m
- Website: https://www.azion.com.tw
- Azion Corporation
- No. 30 Beiping East Road
- 5th Floor
Azion Corporation provides information, communication, network, telecommunications, broadband, traffic control engineering, and cloud applications services in Taiwan. The company’s products include DataPil...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/21 08:41|
|End of Day Share Price||2021/04/20 00:00|
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.