TSEC:6112

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SYSAGE Technology

Executive Summary

SYSAGE Technology Co., Ltd. provides ICT solutions in Taiwan. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6112 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 6112's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-1.6%

6112

-2.3%

TW IT

2.0%

TW Market


1 Year Return

27.9%

6112

12.4%

TW IT

31.2%

TW Market

Return vs Industry: 6112 exceeded the TW IT industry which returned 12.4% over the past year.

Return vs Market: 6112 underperformed the TW Market which returned 31.2% over the past year.


Shareholder returns

6112IndustryMarket
7 Day-1.6%-2.3%2.0%
30 Day-0.7%-2.0%10.6%
90 Day10.3%3.8%22.8%
1 Year36.9%27.9%17.6%12.4%35.8%31.2%
3 Year95.3%68.2%57.9%35.3%58.3%40.5%
5 Year192.6%127.6%155.4%89.4%133.0%92.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6112 (NT$43.5) is trading below our estimate of fair value (NT$52.83)

Significantly Below Fair Value: 6112 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 6112 is poor value based on its PE Ratio (16.2x) compared to the TW IT industry average (14.5x).

PE vs Market: 6112 is good value based on its PE Ratio (16.2x) compared to the TW market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: 6112 is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 6112 is good value based on its PB Ratio (2x) compared to the TW IT industry average (2.9x).


Next Steps

Future Growth

How is SYSAGE Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

15.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6112's forecast earnings growth (15.8% per year) is above the savings rate (0.8%).

Earnings vs Market: 6112's earnings (15.8% per year) are forecast to grow slower than the TW market (18.7% per year).

High Growth Earnings: 6112's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6112's revenue (9.5% per year) is forecast to grow slower than the TW market (11.2% per year).

High Growth Revenue: 6112's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 6112's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has SYSAGE Technology performed over the past 5 years?

16.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6112 has high quality earnings.

Growing Profit Margin: 6112's current net profit margins (3.8%) are higher than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: 6112's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: 6112's earnings growth over the past year (34.5%) exceeds its 5-year average (16.4% per year).

Earnings vs Industry: 6112 earnings growth over the past year (34.5%) exceeded the IT industry 29.9%.


Return on Equity

High ROE: 6112's Return on Equity (12%) is considered low.


Next Steps

Financial Health

How is SYSAGE Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 6112's short term assets (NT$6.4B) exceed its short term liabilities (NT$3.1B).

Long Term Liabilities: 6112's short term assets (NT$6.4B) exceed its long term liabilities (NT$487.3M).


Debt to Equity History and Analysis

Debt Level: 6112's debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: 6112's debt to equity ratio has reduced from 68.1% to 18.3% over the past 5 years.

Debt Coverage: 6112's debt is well covered by operating cash flow (37.3%).

Interest Coverage: 6112's interest payments on its debt are well covered by EBIT (80.4x coverage).


Balance Sheet


Next Steps

Dividend

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

6.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6112's dividend (6.9%) is higher than the bottom 25% of dividend payers in the TW market (2.09%).

High Dividend: 6112's dividend (6.9%) is in the top 25% of dividend payers in the TW market (5.15%)


Stability and Growth of Payments

Stable Dividend: 6112 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6112's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (111.4%), 6112's dividend payments are not 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

SYSAGE 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

SYSAGE Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SYSAGE Technology Co., Ltd.
  • Ticker: 6112
  • Exchange: TSEC
  • Founded: 1998
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: NT$8.269b
  • Shares outstanding: 188.36m
  • Website: https://www.sysage.com.tw

Location

  • SYSAGE Technology Co., Ltd.
  • No. 516, Section 1
  • 10th Floor
  • Taipei
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6112TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDAug 2001

Biography

SYSAGE Technology Co., Ltd. provides ICT solutions in Taiwan. The company offers integrated planning and system integration services for enterprise network installation, network system security, network ma...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 08:45
End of Day Share Price2021/01/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.