Executive Summary
Provision Information Co.,LTD provides payment, financial application, information security, and outsourcing services to the financial industry. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has Provision InformationLTD's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6590 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 6590's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
6590
-3.4%
TW Software
0.8%
TW Market
1 Year Return
55.3%
6590
-12.8%
TW Software
28.4%
TW Market
Return vs Industry: 6590 exceeded the TW Software industry which returned -12.8% over the past year.
Return vs Market: 6590 exceeded the TW Market which returned 28.4% over the past year.
Shareholder returns
| 6590 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | -3.4% | 0.8% |
| 30 Day | -1.0% | 1.6% | 8.8% |
| 90 Day | 3.0% | 0.3% | 21.2% |
| 1 Year | 61.0%55.3% | -9.8%-12.8% | 32.9%28.4% |
| 3 Year | 142.1%112.6% | -1.3%-7.6% | 55.1%37.7% |
| 5 Year | n/a | 17.1%4.2% | 139.0%97.0% |
Long-Term Price Volatility Vs. Market
How volatile is Provision InformationLTD's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here’s What’s Happening With Returns At Provision InformationLTD (GTSM:6590)1 month ago | Simply Wall St
Provision Information Co.,LTD's (GTSM:6590) Stock Is Going Strong: Is the Market Following Fundamentals?1 month ago | Simply Wall St
Should You Rely On Provision InformationLTD's (GTSM:6590) Earnings Growth?Valuation
Is Provision InformationLTD 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: 6590 (NT$51) is trading below our estimate of fair value (NT$325.15)
Significantly Below Fair Value: 6590 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6590 is good value based on its PE Ratio (12.5x) compared to the TW Software industry average (16.1x).
PE vs Market: 6590 is good value based on its PE Ratio (12.5x) compared to the TW market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6590's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6590 is overvalued based on its PB Ratio (2.6x) compared to the TW Software industry average (2.3x).
Next Steps
Future Growth
How is Provision InformationLTD forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
30.9%
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 Provision InformationLTD 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 whether Provision InformationLTD is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Software industry.
Past Performance
How has Provision InformationLTD performed over the past 5 years?
28.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6590 has high quality earnings.
Growing Profit Margin: 6590's current net profit margins (16.9%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: 6590's earnings have grown significantly by 28.6% per year over the past 5 years.
Accelerating Growth: 6590's earnings growth over the past year (154.4%) exceeds its 5-year average (28.6% per year).
Earnings vs Industry: 6590 earnings growth over the past year (154.4%) exceeded the Software industry 21.3%.
Return on Equity
High ROE: 6590's Return on Equity (17.2%) is considered low.
Next Steps
Financial Health
How is Provision InformationLTD's financial position?
Financial Position Analysis
Short Term Liabilities: 6590's short term assets (NT$444.5M) exceed its short term liabilities (NT$144.0M).
Long Term Liabilities: 6590's short term assets (NT$444.5M) exceed its long term liabilities (NT$24.8M).
Debt to Equity History and Analysis
Debt Level: 6590's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 6590's debt to equity ratio has reduced from 32.7% to 3.8% over the past 5 years.
Debt Coverage: 6590's debt is well covered by operating cash flow (611.5%).
Interest Coverage: 6590's interest payments on its debt are well covered by EBIT (141.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Provision InformationLTD current dividend yield, its reliability and sustainability?
4.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6590's dividend (4.22%) is higher than the bottom 25% of dividend payers in the TW market (2.06%).
High Dividend: 6590's dividend (4.22%) is low compared to the top 25% of dividend payers in the TW market (5.09%).
Stability and Growth of Payments
Stable Dividend: 6590 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6590's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.6%), 6590'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?
CEO
Provision InformationLTD 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
Provision Information Co.,LTD's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Provision Information Co.,LTD
- Ticker: 6590
- Exchange: GTSM
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: NT$932.841m
- Shares outstanding: 18.29m
- Website: https://www.provision.com.tw
Number of Employees
Location
- Provision Information Co.,LTD
- No.560, Section 4
- 4th Floor
- Taipei
- 11071
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6590 | GTSM (Taipei Exchange) | Yes | Share Capital | TW | TWD | Sep 2016 |
Biography
Provision Information Co.,LTD provides payment, financial application, information security, and outsourcing services to the financial industry. It offers payment solutions, such as FISC payment solutions,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 08:46 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| 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.