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Unitech Electronics

Market Cap

NT$1.1b

Last Updated

2021/04/21 08:35 UTC

Data Sources

Company Financials

Executive Summary

Unitech Electronics Co., Ltd. manufactures and sells automatic identification and data capture technologies worldwide. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Unitech Electronics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3652 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 3652's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

5.8%

3652

2.8%

TW Electronic

2.0%

TW Market


1 Year Return

60.0%

3652

61.4%

TW Electronic

66.7%

TW Market

Return vs Industry: 3652 underperformed the TW Electronic industry which returned 64.4% over the past year.

Return vs Market: 3652 underperformed the TW Market which returned 68.2% over the past year.


Shareholder returns

3652IndustryMarket
7 Day5.8%2.8%2.0%
30 Day11.8%1.8%6.3%
90 Day16.3%11.7%7.5%
1 Year61.0%60.0%67.2%61.4%72.4%66.7%
3 Year-5.6%-13.1%67.1%46.9%81.1%60.4%
5 Year53.6%32.2%124.7%83.8%141.0%98.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Unitech Electronics 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: 3652 (NT$22.8) is trading below our estimate of fair value (NT$54.35)

Significantly Below Fair Value: 3652 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3652 is poor value based on its PE Ratio (63.8x) compared to the TW Electronic industry average (19.6x).

PE vs Market: 3652 is poor value based on its PE Ratio (63.8x) compared to the TW market (21x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3652's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3652 is good value based on its PB Ratio (1x) compared to the TW Electronic industry average (1.8x).


Future Growth

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

20.3%

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 Unitech Electronics 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 Unitech Electronics performed over the past 5 years?

-24.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3652 has high quality earnings.

Growing Profit Margin: 3652's current net profit margins (0.8%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: 3652's earnings have declined by 24% per year over the past 5 years.

Accelerating Growth: 3652's earnings growth over the past year (0.5%) exceeds its 5-year average (-24% per year).

Earnings vs Industry: 3652 earnings growth over the past year (0.5%) underperformed the Electronic industry 19%.


Return on Equity

High ROE: 3652's Return on Equity (1.5%) is considered low.


Financial Health

How is Unitech Electronics's financial position?


Financial Position Analysis

Short Term Liabilities: 3652's short term assets (NT$1.1B) exceed its short term liabilities (NT$498.9M).

Long Term Liabilities: 3652's short term assets (NT$1.1B) exceed its long term liabilities (NT$78.2M).


Debt to Equity History and Analysis

Debt Level: 3652's debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 3652's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 3652's debt is well covered by operating cash flow (215.4%).

Interest Coverage: 3652's interest payments on its debt are well covered by EBIT (11.2x coverage).


Balance Sheet


Dividend

What is Unitech Electronics's current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3652's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.91%).

High Dividend: 3652's dividend (0.66%) is low compared to the top 25% of dividend payers in the TW market (4.71%).


Stability and Growth of Payments

Stable Dividend: 3652 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.

Growing Dividend: 3652 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 3652 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3652's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

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


CEO

Zhiyun Xu

1.67yrs

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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Unitech Electronics Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unitech Electronics Co., Ltd.
  • Ticker: 3652
  • Exchange: GTSM
  • Founded: 1979
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: NT$1.074b
  • Shares outstanding: 47.10m
  • Website: https://www.ute.com

Location

  • Unitech Electronics Co., Ltd.
  • No. 122, Lane 235, Baoqiao Road
  • 8th Floor
  • New Taipei City
  • 231
  • Taiwan

Listings


Biography

Unitech Electronics Co., Ltd. manufactures and sells automatic identification and data capture technologies worldwide. It provides mobile computer products, such as rugged smartphones, touch computers, ind...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/21 08:35
End of Day Share Price2021/04/20 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.