Executive Summary
Pixon Technologies Corporation manufactures and sells imaging and optical components for makers in communications, computers, and consumer electronics field in the United States and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Share Price & News
How has Pixon Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5248 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 5248's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
5248
3.1%
TW Electronic
2.0%
TW Market
1 Year Return
-14.0%
5248
22.1%
TW Electronic
31.2%
TW Market
Return vs Industry: 5248 underperformed the TW Electronic industry which returned 22.1% over the past year.
Return vs Market: 5248 underperformed the TW Market which returned 31.2% over the past year.
Shareholder returns
| 5248 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 3.1% | 2.0% |
| 30 Day | 0.6% | 13.3% | 10.6% |
| 90 Day | -4.3% | 27.8% | 22.8% |
| 1 Year | -5.4%-14.0% | 26.4%22.1% | 35.8%31.2% |
| 3 Year | 18.5%-6.2% | 37.5%21.3% | 58.3%40.5% |
| 5 Year | 67.6%3.6% | 113.5%74.8% | 133.0%92.1% |
Long-Term Price Volatility Vs. Market
How volatile is Pixon Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Pixon Technologies' (GTSM:5248) Returns On Capital Can Tell Us3 months ago | Simply Wall St
Is The Market Rewarding Pixon Technologies Corporation (GTSM:5248) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?4 months ago | Simply Wall St
Returns On Capital Tell Us A Lot About Pixon Technologies (GTSM:5248)Valuation
Is Pixon Technologies 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: 5248 (NT$25.25) is trading below our estimate of fair value (NT$61.08)
Significantly Below Fair Value: 5248 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 5248 is poor value based on its PE Ratio (17.9x) compared to the TW Electronic industry average (17.5x).
PE vs Market: 5248 is good value based on its PE Ratio (17.9x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 5248's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 5248 is good value based on its PB Ratio (1x) compared to the TW Electronic industry average (1.6x).
Next Steps
Future Growth
How is Pixon Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.8%
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 Pixon Technologies 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
- Examine whether Pixon Technologies is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Tech industry.
Past Performance
How has Pixon Technologies performed over the past 5 years?
-17.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5248 has high quality earnings.
Growing Profit Margin: 5248's current net profit margins (6.9%) are lower than last year (10.3%).
Past Earnings Growth Analysis
Earnings Trend: 5248's earnings have declined by 17.2% per year over the past 5 years.
Accelerating Growth: 5248's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 5248 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Electronic industry average (5%).
Return on Equity
High ROE: 5248's Return on Equity (5.6%) is considered low.
Next Steps
Financial Health
How is Pixon Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 5248's short term assets (NT$300.8M) exceed its short term liabilities (NT$137.8M).
Long Term Liabilities: 5248 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5248 is debt free.
Reducing Debt: 5248 had no debt 5 years ago.
Debt Coverage: 5248 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5248 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Pixon Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 5248's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 5248's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 5248's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 5248's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 5248 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5248'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
Yan Jie Chen
no data
Tenure
Yan Jie Chen serves as General Manager, Head of Operational Department, Head of Quality Assurance Department and Head of Department for Materials at Pixon Technologies Corporation.
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
Pixon Technologies Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pixon Technologies Corporation
- Ticker: 5248
- Exchange: GTSM
- Founded: 1999
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$494.483m
- Shares outstanding: 19.09m
- Website: https://www.pixon.com.tw
Number of Employees
Location
- Pixon Technologies Corporation
- No. 52, Minquan Road
- 9th Floor
- New Taipei City
- 231
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5248 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Sep 2011 |
Biography
Pixon Technologies Corporation manufactures and sells imaging and optical components for makers in communications, computers, and consumer electronics field in the United States and internationally. The co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 17:20 |
| End of Day Share Price | 2021/01/26 00:00 |
| Earnings | 2020/06/30 |
| 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.