Executive Summary
ThroughTek Co., Ltd. provides Internet of Things (IoT) solutions for cloud connection platform. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has ThroughTek's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6565 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6565'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
5.7%
6565
-2.4%
TW Software
2.5%
TW Market
1 Year Return
28.7%
6565
-14.1%
TW Software
31.6%
TW Market
Return vs Industry: 6565 exceeded the TW Software industry which returned -14.1% over the past year.
Return vs Market: 6565 underperformed the TW Market which returned 31.6% over the past year.
Shareholder returns
| 6565 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.7% | -2.4% | 2.5% |
| 30 Day | 12.1% | -0.3% | 11.8% |
| 90 Day | -1.3% | -2.6% | 22.9% |
| 1 Year | 28.7%28.7% | -11.2%-14.1% | 36.3%31.6% |
| 3 Year | -12.3%-12.3% | -2.8%-9.0% | 59.7%41.8% |
| 5 Year | n/a | 13.1%0.5% | 136.2%94.8% |
Long-Term Price Volatility Vs. Market
How volatile is ThroughTek's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
ThroughTek (GTSM:6565) Is In A Strong Position To Grow Its Business8 months ago | Simply Wall St
Easy Come, Easy Go: How ThroughTek (GTSM:6565) Shareholders Got Unlucky And Saw 74% Of Their Cash Evaporate10 months ago | Simply Wall St
Here's Why We're Not Too Worried About ThroughTek's (GTSM:6565) Cash Burn SituationValuation
Is ThroughTek undervalued compared to its fair value and its price relative to the market?
3.13x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 6565's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 6565's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 6565 is unprofitable, so we can't compare its PE Ratio to the TW Software industry average.
PE vs Market: 6565 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6565's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6565 is overvalued based on its PB Ratio (3.1x) compared to the TW Software industry average (2.3x).
Next Steps
Future Growth
How is ThroughTek forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
31.4%
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 ThroughTek 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
- Examine ThroughTek's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Software industry.
Past Performance
How has ThroughTek performed over the past 5 years?
33.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6565 is currently unprofitable.
Growing Profit Margin: 6565 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6565 is unprofitable, but has reduced losses over the past 5 years at a rate of 33.9% per year.
Accelerating Growth: Unable to compare 6565's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6565 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.3%).
Return on Equity
High ROE: 6565 has a negative Return on Equity (-5.96%), as it is currently unprofitable.
Next Steps
Financial Health
How is ThroughTek's financial position?
Financial Position Analysis
Short Term Liabilities: 6565's short term assets (NT$188.0M) exceed its short term liabilities (NT$68.0M).
Long Term Liabilities: 6565's short term assets (NT$188.0M) exceed its long term liabilities (NT$15.0M).
Debt to Equity History and Analysis
Debt Level: 6565 is debt free.
Reducing Debt: 6565 had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 6565 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6565 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 22.3% each year
Next Steps
Dividend
What is ThroughTek current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6565's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6565's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 6565's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6565's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6565'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?
9.0yrs
Average management tenure
CEO
ThroughTek has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors and General Manager | no data | no data | no data | |
| Chief Financial Officer | 5.5yrs | no data | no data | |
| Deputy General Manager of Greater China Region and Director | no data | no data | no data | |
| Special Assistant to the Office of the Chairman of the Board of Directors | 4.75yrs | no data | no data |
9.0yrs
Average Tenure
Experienced Management: 6565's management team is seasoned and experienced (9 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ThroughTek Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ThroughTek Co., Ltd.
- Ticker: 6565
- Exchange: GTSM
- Founded: 2008
- Industry: Application Software
- Sector: Software
- Market Cap: NT$408.481m
- Shares outstanding: 26.02m
- Website: https://www.throughtek.com
Number of Employees
Location
- ThroughTek Co., Ltd.
- No. 364, Nangang Road
- 9th Floor
- Taipei City
- 11579
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6565 | GTSM (Taipei Exchange) | Yes | Common Shares | TW | TWD | Jan 2017 |
Biography
ThroughTek Co., Ltd. provides Internet of Things (IoT) solutions for cloud connection platform. The company operates Kalay Platform, an end-to-end IoT solution and software service, which enables solution ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 08:46 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.