Executive Summary
Trade-Van Information Services Co., together with its subsidiaries, provides cloud value-added services in Taiwan and internationally. More Details
Rewards
Risk Analysis
No risks detected for 6183 from our risk checks.
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
| 6183 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 0.7% | 0.2% |
| 30 Day | -0.6% | 6.3% | 4.2% |
| 90 Day | 2.2% | 16.1% | 8.2% |
| 1 Year | 17.1%12.9% | 46.1%39.6% | 67.1%61.6% |
| 3 Year | 62.2%42.9% | 72.7%47.3% | 72.5%52.8% |
| 5 Year | 125.4%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
2 weeks ago | Simply Wall St
There's Been No Shortage Of Growth Recently For Trade-Van Information Services' (TPE:6183) Returns On Capital1 month ago | Simply Wall St
Could Trade-Van Information Services Co. (TPE:6183) Have The Makings Of Another Dividend Aristocrat?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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/15 08:48 |
| End of Day Share Price | 2021/04/15 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.