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Genesis Technology

Market Cap

NT$3.2b

Last Updated

2021/04/15 08:40 UTC

Data Sources

Company Financials

Executive Summary

Genesis Technology, Inc. provides various information technology solutions to enterprises in Taiwan. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has Genesis Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6221 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 6221's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

-1.4%

6221

-4.0%

TW Software

0.2%

TW Market


1 Year Return

36.4%

6221

19.5%

TW Software

61.6%

TW Market

Return vs Industry: 6221 exceeded the TW Software industry which returned 19.5% over the past year.

Return vs Market: 6221 underperformed the TW Market which returned 61.6% over the past year.


Shareholder returns

6221IndustryMarket
7 Day-1.4%-4.0%0.2%
30 Day1.4%2.5%4.2%
90 Day43.9%11.5%8.2%
1 Year39.8%36.4%23.6%19.5%67.1%61.6%
3 Year212.3%192.9%18.1%10.0%72.5%52.8%
5 Year288.2%234.4%19.5%6.3%136.5%94.5%

Long-Term Price Volatility Vs. Market

How volatile is Genesis Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Genesis Technology undervalued compared to its fair value and its price relative to the market?

14.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6221 (NT$63) is trading above our estimate of fair value (NT$19.14)

Significantly Below Fair Value: 6221 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6221 is good value based on its PE Ratio (14.7x) compared to the TW Software industry average (18x).

PE vs Market: 6221 is good value based on its PE Ratio (14.7x) compared to the TW market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6221's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6221 is overvalued based on its PB Ratio (2.7x) compared to the TW Software industry average (2.6x).


Future Growth

How is Genesis Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.8%

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 Genesis Technology 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 Genesis Technology performed over the past 5 years?

29.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6221 has a high level of non-cash earnings.

Growing Profit Margin: 6221's current net profit margins (5.4%) are higher than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: 6221's earnings have grown significantly by 29.5% per year over the past 5 years.

Accelerating Growth: 6221's earnings growth over the past year (24.1%) is below its 5-year average (29.5% per year).

Earnings vs Industry: 6221 earnings growth over the past year (24.1%) exceeded the Software industry 17.6%.


Return on Equity

High ROE: 6221's Return on Equity (18.6%) is considered low.


Financial Health

How is Genesis Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 6221's short term assets (NT$2.4B) exceed its short term liabilities (NT$1.4B).

Long Term Liabilities: 6221's short term assets (NT$2.4B) exceed its long term liabilities (NT$247.1M).


Debt to Equity History and Analysis

Debt Level: 6221's debt to equity ratio (50.1%) is considered high.

Reducing Debt: 6221's debt to equity ratio has reduced from 70% to 50.1% over the past 5 years.

Debt Coverage: 6221's debt is not well covered by operating cash flow (3.1%).

Interest Coverage: 6221 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Genesis Technology current dividend yield, its reliability and sustainability?

1.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6221's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2%).

High Dividend: 6221's dividend (1.76%) is low compared to the top 25% of dividend payers in the TW market (4.79%).


Stability and Growth of Payments

Stable Dividend: 6221's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6221's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.9%), 6221'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?


CEO

Genesis Technology 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

Genesis Technology, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genesis Technology, Inc.
  • Ticker: 6221
  • Exchange: GTSM
  • Founded: 1994
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: NT$3.224b
  • Shares outstanding: 51.03m
  • Website: https://www.genesis.com.tw

Location

  • Genesis Technology, Inc.
  • No. 289, Guangfu Road
  • 7th Floor
  • Hsinchu City
  • 30071
  • Taiwan

Listings


Biography

Genesis Technology, Inc. provides various information technology solutions to enterprises in Taiwan. It offers software defined data centers, enterprise data storage applications, enterprise core system op...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/15 08:40
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.