Executive Summary
Solidwizard Technology Co., Ltd. provides software, hardware, and consulting solutions in Taiwan and Mainland China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has Solidwizard Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8416 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 8416's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
3.8%
8416
-1.7%
TW Software
2.0%
TW Market
1 Year Return
1.6%
8416
-13.9%
TW Software
31.2%
TW Market
Return vs Industry: 8416 exceeded the TW Software industry which returned -13.9% over the past year.
Return vs Market: 8416 underperformed the TW Market which returned 31.2% over the past year.
Shareholder returns
| 8416 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.8% | -1.7% | 2.0% |
| 30 Day | 9.2% | -0.1% | 10.6% |
| 90 Day | 11.7% | -1.1% | 22.8% |
| 1 Year | 7.8%1.6% | -11.0%-13.9% | 35.8%31.2% |
| 3 Year | 48.0%25.6% | -2.0%-8.3% | 58.3%40.5% |
| 5 Year | 95.3%46.6% | 11.5%-0.8% | 133.0%92.1% |
Long-Term Price Volatility Vs. Market
How volatile is Solidwizard Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
A Look Into Solidwizard Technology's (GTSM:8416) Impressive Returns On Capital1 month ago | Simply Wall St
Did You Participate In Any Of Solidwizard Technology's (GTSM:8416) Respectable 53% Return?2 months ago | Simply Wall St
Is Solidwizard Technology Co., Ltd. (GTSM:8416) A Smart Choice For Dividend Investors?Valuation
Is Solidwizard Technology undervalued compared to its fair value and its price relative to the market?
39.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8416 (NT$124.5) is trading below our estimate of fair value (NT$204.02)
Significantly Below Fair Value: 8416 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8416 is good value based on its PE Ratio (12.7x) compared to the TW Software industry average (15.8x).
PE vs Market: 8416 is good value based on its PE Ratio (12.7x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8416's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8416 is overvalued based on its PB Ratio (3.4x) compared to the TW Software industry average (2.3x).
Next Steps
Future Growth
How is Solidwizard Technology 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 Solidwizard 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.
Next Steps
- Examine whether Solidwizard Technology 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 Solidwizard Technology performed over the past 5 years?
8.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8416 has high quality earnings.
Growing Profit Margin: 8416's current net profit margins (22.1%) are higher than last year (21.5%).
Past Earnings Growth Analysis
Earnings Trend: 8416's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: 8416's earnings growth over the past year (7%) is below its 5-year average (8.2% per year).
Earnings vs Industry: 8416 earnings growth over the past year (7%) underperformed the Software industry 21.3%.
Return on Equity
High ROE: 8416's Return on Equity (26.4%) is considered high.
Next Steps
Financial Health
How is Solidwizard Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 8416's short term assets (NT$1.0B) exceed its short term liabilities (NT$218.2M).
Long Term Liabilities: 8416's short term assets (NT$1.0B) exceed its long term liabilities (NT$22.5M).
Debt to Equity History and Analysis
Debt Level: 8416 is debt free.
Reducing Debt: 8416 had no debt 5 years ago.
Debt Coverage: 8416 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8416 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Solidwizard Technology current dividend yield, its reliability and sustainability?
5.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8416's dividend (5.62%) is higher than the bottom 25% of dividend payers in the TW market (2.09%).
High Dividend: 8416's dividend (5.62%) is in the top 25% of dividend payers in the TW market (5.15%)
Stability and Growth of Payments
Stable Dividend: 8416's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8416's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.6%), 8416'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
Solidwizard 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
Solidwizard Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Solidwizard Technology Co., Ltd.
- Ticker: 8416
- Exchange: GTSM
- Founded: 1997
- Industry: Application Software
- Sector: Software
- Market Cap: NT$3.512b
- Shares outstanding: 28.21m
- Website: https://www.swtc.com/cht/index.php
Number of Employees
Location
- Solidwizard Technology Co., Ltd.
- No. 28, Xing'ai Road
- 114, 5th Floor-5
- Taipei
- 11494
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8416 | GTSM (Taipei Exchange) | Yes | Common Shares | TW | TWD | Mar 2011 |
Biography
Solidwizard Technology Co., Ltd. provides software, hardware, and consulting solutions in Taiwan and Mainland China. It offers CAID, CAD, RP, RE, CAE, CAM, and PDM solutions in the areas of, product design...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 17:24 |
| End of Day Share Price | 2021/01/26 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.