Executive Summary
Speed Tech Corp. designs, engineers, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with exceptional growth potential.
Share Price & News
How has Speed Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5457 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 5457's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.
Market Performance
7 Day Return
-7.0%
5457
-1.6%
TW Electronic
-0.2%
TW Market
1 Year Return
10.3%
5457
16.1%
TW Electronic
28.6%
TW Market
Return vs Industry: 5457 underperformed the TW Electronic industry which returned 16.1% over the past year.
Return vs Market: 5457 underperformed the TW Market which returned 28.6% over the past year.
Shareholder returns
| 5457 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.0% | -1.6% | -0.2% |
| 30 Day | 2.5% | 9.1% | 8.8% |
| 90 Day | -8.3% | 21.8% | 20.6% |
| 1 Year | 10.8%10.3% | 20.2%16.1% | 33.1%28.6% |
| 3 Year | 62.9%62.2% | 31.4%15.8% | 55.3%37.8% |
| 5 Year | 283.2%275.1% | 112.6%74.1% | 135.7%94.2% |
Long-Term Price Volatility Vs. Market
How volatile is Speed Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is Speed Tech (GTSM:5457) The Next Multi-Bagger?3 weeks ago | Simply Wall St
Is Speed Tech Corp. (GTSM:5457) Potentially Undervalued?1 month ago | Simply Wall St
Is Speed Tech (GTSM:5457) Using Too Much Debt?Valuation
Is Speed Tech 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: 5457 (NT$94.9) is trading below our estimate of fair value (NT$190.4)
Significantly Below Fair Value: 5457 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 5457 is poor value based on its PE Ratio (25.5x) compared to the TW Electronic industry average (17.1x).
PE vs Market: 5457 is poor value based on its PE Ratio (25.5x) compared to the TW market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: 5457 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 5457 is overvalued based on its PB Ratio (5.6x) compared to the TW Electronic industry average (1.6x).
Next Steps
Future Growth
How is Speed Tech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
51.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5457's forecast earnings growth (51.1% per year) is above the savings rate (0.8%).
Earnings vs Market: 5457's earnings (51.1% per year) are forecast to grow faster than the TW market (18.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 5457's revenue (26.8% per year) is forecast to grow faster than the TW market (11.1% per year).
High Growth Revenue: 5457's revenue (26.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5457's Return on Equity is forecast to be high in 3 years time (26.1%)
Next Steps
Past Performance
How has Speed Tech performed over the past 5 years?
43.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5457 has high quality earnings.
Growing Profit Margin: 5457's current net profit margins (4.1%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: 5457's earnings have grown significantly by 43.8% per year over the past 5 years.
Accelerating Growth: 5457's earnings growth over the past year (106.4%) exceeds its 5-year average (43.8% per year).
Earnings vs Industry: 5457 earnings growth over the past year (106.4%) exceeded the Electronic industry 5%.
Return on Equity
High ROE: 5457's Return on Equity (25.8%) is considered high.
Next Steps
Financial Health
How is Speed Tech's financial position?
Financial Position Analysis
Short Term Liabilities: 5457's short term assets (NT$9.5B) exceed its short term liabilities (NT$8.9B).
Long Term Liabilities: 5457's short term assets (NT$9.5B) exceed its long term liabilities (NT$558.2M).
Debt to Equity History and Analysis
Debt Level: 5457's debt to equity ratio (63.4%) is considered high.
Reducing Debt: 5457's debt to equity ratio has increased from 46.1% to 63.4% over the past 5 years.
Debt Coverage: 5457's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 5457's interest payments on its debt are well covered by EBIT (53.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Speed Tech current dividend yield, its reliability and sustainability?
0.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5457's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.13%).
High Dividend: 5457's dividend (0.53%) is low compared to the top 25% of dividend payers in the TW market (5.17%).
Stability and Growth of Payments
Stable Dividend: 5457 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 5457 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: 5457 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5457'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?
1.6yrs
Average board tenure
CEO
Chen-Lung Tsai (47 yo)
no data
Tenure
Mr. Chen-Lung Tsai serves as Independent Non-Executive Director at Cowell e Holdings Inc. since January 15, 2021. He serves as Chairman of the Board and General Manager of Speed Tech Corp. He served as Vic...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & GM | no data | no data | no data | |
| Director of Marketing & Sales Department and Director | 1.33yrs | no data | no data | |
| Supervisor | 7.58yrs | no data | no data | |
| Director | 7.83yrs | no data | no data | |
| Director | 1.58yrs | no data | no data | |
| Director | 4.58yrs | no data | no data | |
| Independent Director | 1.58yrs | no data | no data | |
| Independent Director | 1.58yrs | no data | no data | |
| Supervisor | 7.58yrs | no data | no data | |
| Supervisor | 1.58yrs | no data | no data |
1.6yrs
Average Tenure
Experienced Board: 5457's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
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
Speed Tech Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Speed Tech Corp.
- Ticker: 5457
- Exchange: GTSM
- Founded: 1990
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$16.072b
- Shares outstanding: 169.36m
- Website: https://www.speedtech.com.tw
Location
- Speed Tech Corp.
- No. 568, Minsheng North Road
- Sec 1
- Taoyuan City
- 333
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5457 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Sep 2000 |
Biography
Speed Tech Corp. designs, engineers, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries worldwide. It offers USB TYPE C receptacle connectors and US...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 17:15 |
| 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.