GTSM:3324

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Auras Technology

Executive Summary

Auras Technology Co., Ltd. engages in manufacturing, processing, and retailing electronic materials, computer heat dissipation modules, and other related products in China, Taiwan, Korea, Ireland, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3324 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 3324's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-7.4%

3324

-2.1%

TW Tech

-0.2%

TW Market


1 Year Return

21.8%

3324

11.7%

TW Tech

28.6%

TW Market

Return vs Industry: 3324 exceeded the TW Tech industry which returned 11.7% over the past year.

Return vs Market: 3324 underperformed the TW Market which returned 28.6% over the past year.


Shareholder returns

3324IndustryMarket
7 Day-7.4%-2.1%-0.2%
30 Day7.6%3.6%8.8%
90 Day0.9%10.1%20.6%
1 Year25.3%21.8%16.8%11.7%33.1%28.6%
3 Year172.4%154.5%26.5%9.6%55.3%37.8%
5 Year430.7%365.6%66.3%31.5%135.7%94.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

18.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 3324 (NT$226.5) is trading above our estimate of fair value (NT$90.71)

Significantly Below Fair Value: 3324 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3324 is poor value based on its PE Ratio (18.6x) compared to the TW Tech industry average (14.4x).

PE vs Market: 3324 is poor value based on its PE Ratio (18.6x) compared to the TW market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: 3324 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 3324 is overvalued based on its PB Ratio (4.8x) compared to the TW Tech industry average (1.6x).


Next Steps

Future Growth

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

14.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3324's forecast earnings growth (14.4% per year) is above the savings rate (0.8%).

Earnings vs Market: 3324's earnings (14.4% per year) are forecast to grow slower than the TW market (18.7% per year).

High Growth Earnings: 3324's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3324's revenue (11.5% per year) is forecast to grow faster than the TW market (11.1% per year).

High Growth Revenue: 3324's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3324's Return on Equity is forecast to be high in 3 years time (28%)


Next Steps

Past Performance

How has Auras Technology performed over the past 5 years?

26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3324 has high quality earnings.

Growing Profit Margin: 3324's current net profit margins (9.1%) are lower than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: 3324's earnings have grown significantly by 26.3% per year over the past 5 years.

Accelerating Growth: 3324's earnings growth over the past year (18.4%) is below its 5-year average (26.3% per year).

Earnings vs Industry: 3324 earnings growth over the past year (18.4%) exceeded the Tech industry 10.5%.


Return on Equity

High ROE: 3324's Return on Equity (25.3%) is considered high.


Next Steps

Financial Health

How is Auras Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 3324's short term assets (NT$7.2B) exceed its short term liabilities (NT$5.2B).

Long Term Liabilities: 3324's short term assets (NT$7.2B) exceed its long term liabilities (NT$80.4M).


Debt to Equity History and Analysis

Debt Level: 3324's debt to equity ratio (29.5%) is considered satisfactory.

Reducing Debt: 3324's debt to equity ratio has reduced from 43.3% to 29.5% over the past 5 years.

Debt Coverage: 3324's debt is well covered by operating cash flow (90.1%).

Interest Coverage: 3324's interest payments on its debt are well covered by EBIT (95.4x coverage).


Balance Sheet


Next Steps

Dividend

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

2.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3324's dividend (2.21%) is higher than the bottom 25% of dividend payers in the TW market (2.13%).

High Dividend: 3324's dividend (2.21%) is low compared to the top 25% of dividend payers in the TW market (5.17%).


Stability and Growth of Payments

Stable Dividend: 3324 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3324's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41%), 3324's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3324's dividends in 3 years are forecast to be well covered by earnings (40.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.9yrs

Average management tenure


CEO

Yu-Shen Lin

11.83yrs

Tenure

Mr. Lin Yu-Shen serves as President at Auras Technology Co., Ltd. since March 31, 2009 and also serves as Chairman since March 15, 2001. He is Director of all re-invested companies of Auras Technology Co.,...


Leadership Team

NamePositionTenureCompensationOwnership
Yu-Shen Lin
President & Chairman11.83yrsno datano data
Lin-Sheng Weng
Financial Supervisor1.42yrsno datano data
Pei-Hsu Yen
Accounting Supervisor3.42yrsno datano data
Chin-Hui Tsai
Chief Internal Auditor11.08yrsno datano data
Chih-Hui Chang
Vice President of Business Division5.92yrsno datano data
Heng-Lung Chen
Vice President of Business Division6.17yrsno datano data
Chih-Wei Chen
Vice President of Business Division5.92yrsno datano data
Fang-Ling Lin
Chief of Corporate Governance8.58yrsno datano data

5.9yrs

Average Tenure

Experienced Management: 3324's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yu-Shen Lin
President & Chairman11.83yrsno datano data
Fang-Ling Lin
Chief of Corporate Governance8.58yrsno datano data
Ping-Chung Chiang
Supervisor11.58yrsno datano data
Fu-Han Liu
Independent Director8.58yrsno datano data
Yu-Yao Chang
Independent Director11.58yrsno datano data
Yen-Chun Chen
Supervisor8.58yrsno datano data
Ho-Pin Cheng
Supervisor11.58yrsno datano data
Tsung-Tan Lin
Director11.58yrsno datano data

11.6yrs

Average Tenure

Experienced Board: 3324's board of directors are seasoned and experienced ( 11.6 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 been diluted in the past year, with total shares outstanding growing by 4.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Auras Technology Co., Ltd.
  • Ticker: 3324
  • Exchange: GTSM
  • Founded: 1998
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: NT$19.796b
  • Shares outstanding: 87.40m
  • Website: https://www.auras.com.tw

Location

  • Auras Technology Co., Ltd.
  • No. 6, Wuquan 3rd Road
  • 3rd Floor
  • New Taipei City
  • 24891
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3324GTSM (Taipei Exchange)YesCommon StockTWTWDMay 2004

Biography

Auras Technology Co., Ltd. engages in manufacturing, processing, and retailing electronic materials, computer heat dissipation modules, and other related products in China, Taiwan, Korea, Ireland, and inte...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 17:07
End of Day Share Price2021/01/21 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.