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
Rewards
Risk Analysis
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
| 3324 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.4% | -2.1% | -0.2% |
| 30 Day | 7.6% | 3.6% | 8.8% |
| 90 Day | 0.9% | 10.1% | 20.6% |
| 1 Year | 25.3%21.8% | 16.8%11.7% | 33.1%28.6% |
| 3 Year | 172.4%154.5% | 26.5%9.6% | 55.3%37.8% |
| 5 Year | 430.7%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
6 days ago | Simply Wall St
Auras Technology Co., Ltd.'s (GTSM:3324) Stock's On An Uptrend: Are Strong Financials Guiding The Market?3 weeks ago | Simply Wall St
Auras Technology (GTSM:3324) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
What Makes Auras Technology Co., Ltd. (GTSM:3324) A Great Dividend Stock?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Chairman | 11.83yrs | no data | no data | |
| Financial Supervisor | 1.42yrs | no data | no data | |
| Accounting Supervisor | 3.42yrs | no data | no data | |
| Chief Internal Auditor | 11.08yrs | no data | no data | |
| Vice President of Business Division | 5.92yrs | no data | no data | |
| Vice President of Business Division | 6.17yrs | no data | no data | |
| Vice President of Business Division | 5.92yrs | no data | no data | |
| Chief of Corporate Governance | 8.58yrs | no data | no data |
5.9yrs
Average Tenure
Experienced Management: 3324's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Chairman | 11.83yrs | no data | no data | |
| Chief of Corporate Governance | 8.58yrs | no data | no data | |
| Supervisor | 11.58yrs | no data | no data | |
| Independent Director | 8.58yrs | no data | no data | |
| Independent Director | 11.58yrs | no data | no data | |
| Supervisor | 8.58yrs | no data | no data | |
| Supervisor | 11.58yrs | no data | no data | |
| Director | 11.58yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3324 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 17:07 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.