GTSM:3540

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Thermaltake Technology

Executive Summary

Thermaltake Technology Co., Ltd. provides entertainment, e-sports, technology, and lifestyle products worldwide. More Details


Snowflake Analysis

Outstanding track record and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3540 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 3540's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-5.5%

3540

-2.1%

TW Tech

-0.2%

TW Market


1 Year Return

142.0%

3540

11.7%

TW Tech

28.6%

TW Market

Return vs Industry: 3540 exceeded the TW Tech industry which returned 11.7% over the past year.

Return vs Market: 3540 exceeded the TW Market which returned 28.6% over the past year.


Shareholder returns

3540IndustryMarket
7 Day-5.5%-2.1%-0.2%
30 Day1.5%3.6%8.8%
90 Day-13.3%10.1%20.6%
1 Year146.6%142.0%16.8%11.7%33.1%28.6%
3 Year92.7%72.9%26.5%9.6%55.3%37.8%
5 Year462.9%374.5%66.3%31.5%135.7%94.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Thermaltake Technology 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: 3540 (NT$60.5) is trading below our estimate of fair value (NT$811.7)

Significantly Below Fair Value: 3540 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3540 is good value based on its PE Ratio (10.6x) compared to the TW Tech industry average (14.4x).

PE vs Market: 3540 is good value based on its PE Ratio (10.6x) compared to the TW market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: 3540 is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: 3540 is overvalued based on its PB Ratio (2.4x) compared to the TW Tech industry average (1.6x).


Next Steps

Future Growth

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

5.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3540's forecast earnings growth (5.1% per year) is above the savings rate (0.8%).

Earnings vs Market: 3540's earnings (5.1% per year) are forecast to grow slower than the TW market (18.7% per year).

High Growth Earnings: 3540's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3540's revenue (6.8% per year) is forecast to grow slower than the TW market (11.1% per year).

High Growth Revenue: 3540's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 3540's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Thermaltake Technology performed over the past 5 years?

25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3540 has high quality earnings.

Growing Profit Margin: 3540's current net profit margins (7.5%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: 3540 has become profitable over the past 5 years, growing earnings by 25.5% per year.

Accelerating Growth: 3540's earnings growth over the past year (364.1%) exceeds its 5-year average (25.5% per year).

Earnings vs Industry: 3540 earnings growth over the past year (364.1%) exceeded the Tech industry 10.5%.


Return on Equity

High ROE: 3540's Return on Equity (23.3%) is considered high.


Next Steps

Financial Health

How is Thermaltake Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 3540's short term assets (NT$3.8B) exceed its short term liabilities (NT$2.4B).

Long Term Liabilities: 3540's short term assets (NT$3.8B) exceed its long term liabilities (NT$355.8M).


Debt to Equity History and Analysis

Debt Level: 3540's debt to equity ratio (59.1%) is considered high.

Reducing Debt: 3540's debt to equity ratio has increased from 21% to 59.1% over the past 5 years.

Debt Coverage: 3540's debt is well covered by operating cash flow (71.7%).

Interest Coverage: 3540's interest payments on its debt are well covered by EBIT (33.4x coverage).


Balance Sheet


Next Steps

Dividend

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

1.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3540's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.13%).

High Dividend: 3540's dividend (1.29%) is low compared to the top 25% of dividend payers in the TW market (5.17%).


Stability and Growth of Payments

Stable Dividend: 3540's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3540's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.6%), 3540's dividend payments are thoroughly 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

Thermaltake 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Thermaltake Technology Co., Ltd.
  • Ticker: 3540
  • Exchange: GTSM
  • Founded: 1999
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: NT$3.896b
  • Shares outstanding: 64.40m
  • Website: https://www.thermaltakecorp.com

Number of Employees


Location

  • Thermaltake Technology Co., Ltd.
  • No. 185, Tiding Boulevard
  • 5th Floor
  • Taipei
  • 114
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3540GTSM (Taipei Exchange)YesCommon SharesTWTWDDec 2006

Biography

Thermaltake Technology Co., Ltd. provides entertainment, e-sports, technology, and lifestyle products worldwide. It offers cases, power supplies, and coolers under the Thermaltake; keyboards, headsets, mic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 17:19
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.