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Trade-Van Information Services

Market Cap

NT$7.2b

Last Updated

2021/04/15 08:48 UTC

Data Sources

Company Financials

Executive Summary

Trade-Van Information Services Co., together with its subsidiaries, provides cloud value-added services in Taiwan and internationally. More Details


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.

Share Price & News

How has Trade-Van Information Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6183 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 6183's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

6183

0.7%

TW IT

0.2%

TW Market


1 Year Return

12.9%

6183

39.6%

TW IT

61.6%

TW Market

Return vs Industry: 6183 underperformed the TW IT industry which returned 39.6% over the past year.

Return vs Market: 6183 underperformed the TW Market which returned 61.6% over the past year.


Shareholder returns

6183IndustryMarket
7 Day0.5%0.7%0.2%
30 Day-0.6%6.3%4.2%
90 Day2.2%16.1%8.2%
1 Year17.1%12.9%46.1%39.6%67.1%61.6%
3 Year62.2%42.9%72.7%47.3%72.5%52.8%
5 Year125.4%81.9%160.5%93.4%136.5%94.5%

Long-Term Price Volatility Vs. Market

How volatile is Trade-Van Information Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Trade-Van Information Services 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: 6183 (NT$48.3) is trading below our estimate of fair value (NT$139.5)

Significantly Below Fair Value: 6183 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6183 is poor value based on its PE Ratio (21.5x) compared to the TW IT industry average (15.3x).

PE vs Market: 6183 is poor value based on its PE Ratio (21.5x) compared to the TW market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6183's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6183 is overvalued based on its PB Ratio (3.2x) compared to the TW IT industry average (3x).


Future Growth

How is Trade-Van Information Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.2%

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 Trade-Van Information Services 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.


Past Performance

How has Trade-Van Information Services performed over the past 5 years?

11.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6183 has high quality earnings.

Growing Profit Margin: 6183's current net profit margins (17.8%) are higher than last year (16.8%).


Past Earnings Growth Analysis

Earnings Trend: 6183's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: 6183's earnings growth over the past year (16.2%) exceeds its 5-year average (11.8% per year).

Earnings vs Industry: 6183 earnings growth over the past year (16.2%) underperformed the IT industry 25.7%.


Return on Equity

High ROE: 6183's Return on Equity (15.1%) is considered low.


Financial Health

How is Trade-Van Information Services's financial position?


Financial Position Analysis

Short Term Liabilities: 6183's short term assets (NT$1.7B) exceed its short term liabilities (NT$761.7M).

Long Term Liabilities: 6183's short term assets (NT$1.7B) exceed its long term liabilities (NT$182.9M).


Debt to Equity History and Analysis

Debt Level: 6183 is debt free.

Reducing Debt: 6183 has not had any debt for past 5 years.

Debt Coverage: 6183 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6183 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Trade-Van Information Services's current dividend yield, its reliability and sustainability?

3.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6183's dividend (3.75%) is higher than the bottom 25% of dividend payers in the TW market (2%).

High Dividend: 6183's dividend (3.75%) is low compared to the top 25% of dividend payers in the TW market (4.79%).


Stability and Growth of Payments

Stable Dividend: 6183's dividends per share have been stable in the past 10 years.

Growing Dividend: 6183's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (80.5%), 6183's 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?

5.5yrs

Average management tenure


CEO

Gordan Chang

6.42yrs

Tenure

Mr. Lu-Sheng Chang, also known as Gordan, serves as the Director of Trade-Van Information Services Co. since June 22, 2017 and served as its Vice President until June 22, 2017 and Associate President. He i...


Leadership Team

Experienced Management: 6183's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: 6183's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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

Trade-Van Information Services Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trade-Van Information Services Co.
  • Ticker: 6183
  • Exchange: TSEC
  • Founded: 1990
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: NT$7.245b
  • Shares outstanding: 150.00m
  • Website: https://www.tradevan.com.tw

Location

  • Trade-Van Information Services Co.
  • No. 19-13, Sanchong Road
  • 6th Floor
  • Taipei
  • 115
  • Taiwan

Listings


Biography

Trade-Van Information Services Co., together with its subsidiaries, provides cloud value-added services in Taiwan and internationally. It provides electronic data exchanging and related services; database ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/15 08:48
End of Day Share Price2021/04/15 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.