| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
3570 Stock Overview
Otsuka Information Technology Corp., together with its subsidiaries, engages in designing, trading, maintaining, and import and export of the hardware, software, computers, and network and accessories in Taiwan and China.
Otsuka Information Technology Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$87.40 |
| 52 Week High | NT$93.10 |
| 52 Week Low | NT$67.20 |
| Beta | 0.20 |
| 1 Month Change | 7.90% |
| 3 Month Change | -0.68% |
| 1 Year Change | 24.50% |
| 3 Year Change | -3.10% |
| 5 Year Change | 69.71% |
| Change since IPO | 110.77% |
Recent News & Updates
Shareholder Returns
| 3570 | TW Software | TW Market | |
|---|---|---|---|
| 7D | -2.6% | 0.9% | 1.3% |
| 1Y | 24.5% | -29.3% | -13.2% |
Return vs Industry: 3570 exceeded the TW Software industry which returned -29.3% over the past year.
Return vs Market: 3570 exceeded the TW Market which returned -13.2% over the past year.
Price Volatility
| 3570 volatility | |
|---|---|
| 3570 Average Weekly Movement | 3.9% |
| Software Industry Average Movement | 4.0% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in TW Market | 8.4% |
| 10% least volatile stocks in TW Market | 2.5% |
Stable Share Price: 3570 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 3570's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | n/a | Ken Kuo | https://www.oitc.com.tw |
Otsuka Information Technology Corp., together with its subsidiaries, engages in designing, trading, maintaining, and import and export of the hardware, software, computers, and network and accessories in Taiwan and China. It offers software installation and training, consulting, and catering services. The company was incorporated in 1995 and is headquartered in New Taipei City, Taiwan.
Otsuka Information Technology Fundamentals Summary
| 3570 fundamental statistics | |
|---|---|
| Market Cap | NT$1.49b |
| Earnings (TTM) | NT$158.91m |
| Revenue (TTM) | NT$1.33b |
9.4x
P/E Ratio1.1x
P/S RatioIs 3570 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3570 income statement (TTM) | |
|---|---|
| Revenue | NT$1.33b |
| Cost of Revenue | NT$825.58m |
| Gross Profit | NT$504.09m |
| Other Expenses | NT$345.18m |
| Earnings | NT$158.91m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.29 |
| Gross Margin | 37.91% |
| Net Profit Margin | 11.95% |
| Debt/Equity Ratio | 0% |
How did 3570 perform over the long term?
See historical performance and comparisonDividends
6.9%
Current Dividend Yield65%
Payout RatioValuation
Is 3570 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3570?
Other financial metrics that can be useful for relative valuation.
| What is 3570's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | NT$1.49b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.8x |
| Enterprise Value/EBITDA | 5x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 3570's PE Ratio compare to its peers?
| 3570 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 21.8x | ||
6752 Galaxy Software Services | 11.8x | n/a | NT$1.8b |
3158 SysJust | 13.8x | n/a | NT$1.9b |
6590 Provision InformationLtd | 11.6x | n/a | NT$963.9m |
6870 Turn Cloud Technology Service | 49.8x | n/a | NT$2.4b |
3570 Otsuka Information Technology | 9.4x | n/a | NT$1.5b |
Price-To-Earnings vs Peers: 3570 is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (21.8x).
Price to Earnings Ratio vs Industry
How does 3570's PE Ratio compare vs other companies in the Asian Software Industry?
Price-To-Earnings vs Industry: 3570 is good value based on its Price-To-Earnings Ratio (9.4x) compared to the TW Software industry average (15.1x)
Price to Earnings Ratio vs Fair Ratio
What is 3570's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3570's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 3570 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3570 (NT$87.4) is trading below our estimate of fair value (NT$120.15)
Significantly Below Fair Value: 3570 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Otsuka Information Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
31.7%
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 Otsuka Information 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.
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- Examine whether Otsuka Information 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.
Past Performance
How has Otsuka Information Technology performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
24.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3570 has a high level of non-cash earnings.
Growing Profit Margin: 3570's current net profit margins (12%) are higher than last year (10.9%).
Past Earnings Growth Analysis
Earnings Trend: 3570's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: 3570's earnings growth over the past year (29.3%) exceeds its 5-year average (24.6% per year).
Earnings vs Industry: 3570 earnings growth over the past year (29.3%) exceeded the Software industry 22.3%.
Return on Equity
High ROE: 3570's Return on Equity (22.6%) is considered high.
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Financial Health
How is Otsuka Information Technology's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 3570's short term assets (NT$895.5M) exceed its short term liabilities (NT$285.5M).
Long Term Liabilities: 3570's short term assets (NT$895.5M) exceed its long term liabilities (NT$18.1M).
Debt to Equity History and Analysis
Debt Level: 3570 is debt free.
Reducing Debt: 3570 has not had any debt for past 5 years.
Debt Coverage: 3570 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3570 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Otsuka Information Technology current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
6.86%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3570's dividend (6.86%) is higher than the bottom 25% of dividend payers in the TW market (2.53%).
High Dividend: 3570's dividend (6.86%) is in the top 25% of dividend payers in the TW market (6.58%)
Stability and Growth of Payments
Stable Dividend: 3570 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3570's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.6%), 3570's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.2%), 3570's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Ken Kuo (45 yo)
6.58yrs
Tenure
NT$5,575,000
Compensation
Mr. Yi-Lung Kuo, also known as Ken, serves as a Director of Otsuka Information Technology Corp. since June 29, 2016 and serves as its Chief Executive Officer since 16 January 2016. Mr. Kuo serves as a Dire...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Ken's total compensation is reasonable compared to companies of similar size in the TW market.
Compensation vs Earnings: Insufficient data to compare Ken's compensation with company performance.
Leadership Team
Experienced Management: 3570's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Experienced Board: 3570's board of directors are considered experienced (6 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
Otsuka Information Technology Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Otsuka Information Technology Corp.
- Ticker: 3570
- Exchange: TPEX
- Founded: 1995
- Industry: Application Software
- Sector: Software
- Implied Market Cap: NT$1.494b
- Shares outstanding: 17.10m
- Website: https://www.oitc.com.tw
Location
- Otsuka Information Technology Corp.
- No. 68, Sianmin Boulevard
- 6th Floor
- New Taipei City
- 220
- Taiwan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/11 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.