GTSM:3526

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Alltop Technology

Executive Summary

Alltop Technology Co., Ltd. designs, manufactures, and sells electrical connectors worldwide. More Details


Snowflake Analysis

Outstanding track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3526 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 3526's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

3526

-1.6%

TW Electronic

-0.2%

TW Market


1 Year Return

13.2%

3526

16.1%

TW Electronic

28.6%

TW Market

Return vs Industry: 3526 underperformed the TW Electronic industry which returned 16.1% over the past year.

Return vs Market: 3526 underperformed the TW Market which returned 28.6% over the past year.


Shareholder returns

3526IndustryMarket
7 Day-1.9%-1.6%-0.2%
30 Day10.4%9.1%8.8%
90 Day10.9%21.8%20.6%
1 Year20.0%13.2%20.2%16.1%33.1%28.6%
3 Year36.5%13.6%31.4%15.8%55.3%37.8%
5 Year321.6%218.0%112.6%74.1%135.7%94.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

50.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3526 (NT$89.2) is trading below our estimate of fair value (NT$178.35)

Significantly Below Fair Value: 3526 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3526 is good value based on its PE Ratio (11.7x) compared to the TW Electronic industry average (17.1x).

PE vs Market: 3526 is good value based on its PE Ratio (11.7x) compared to the TW market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3526's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3526 is overvalued based on its PB Ratio (3.1x) compared to the TW Electronic industry average (1.6x).


Next Steps

Future Growth

How is Alltop Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Tech 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 Alltop Technology 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.


Next Steps

Past Performance

How has Alltop Technology performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3526 has high quality earnings.

Growing Profit Margin: 3526's current net profit margins (24.4%) are higher than last year (19.7%).


Past Earnings Growth Analysis

Earnings Trend: 3526's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: 3526's earnings growth over the past year (40.5%) exceeds its 5-year average (20.6% per year).

Earnings vs Industry: 3526 earnings growth over the past year (40.5%) exceeded the Electronic industry 5%.


Return on Equity

High ROE: 3526's Return on Equity (25.2%) is considered high.


Next Steps

Financial Health

How is Alltop Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 3526's short term assets (NT$2.3B) exceed its short term liabilities (NT$594.3M).

Long Term Liabilities: 3526's short term assets (NT$2.3B) exceed its long term liabilities (NT$545.2M).


Debt to Equity History and Analysis

Debt Level: 3526's debt to equity ratio (24%) is considered satisfactory.

Reducing Debt: 3526's debt to equity ratio has increased from 4.4% to 24% over the past 5 years.

Debt Coverage: 3526's debt is well covered by operating cash flow (142.9%).

Interest Coverage: 3526 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

6.00%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 3526's dividend (6%) is higher than the bottom 25% of dividend payers in the TW market (2.13%).

High Dividend: 3526's dividend (6%) is in the top 25% of dividend payers in the TW market (5.17%)


Stability and Growth of Payments

Stable Dividend: 3526's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3526's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (70.2%), 3526's dividend 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?


CEO

Alltop 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 been diluted in the past year, with total shares outstanding growing by 12.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: Alltop Technology Co., Ltd.
  • Ticker: 3526
  • Exchange: GTSM
  • Founded: 1998
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: NT$6.504b
  • Shares outstanding: 72.92m
  • Website: https://www.alltopconnector.com

Location

  • Alltop Technology Co., Ltd.
  • No. 102, Jhongshan Road
  • 3rd Floor
  • New Taipei City
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3526GTSM (Taipei Exchange)YesCommon StockTWTWDNov 2006

Biography

Alltop Technology Co., Ltd. designs, manufactures, and sells electrical connectors worldwide. The company offers notebook pc, mini and micro hdmi, high power, high speed, F cable, and USB 3.1 type-C connec...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 17:10
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.