Executive Summary
Egis Technology Inc. engages in the IC design, research, development, testing, and sale of capacitive fingerprint sensors worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Egis Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6462 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6462's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.8%
6462
-1.6%
TW Electronic
-0.2%
TW Market
1 Year Return
-33.8%
6462
16.1%
TW Electronic
28.6%
TW Market
Return vs Industry: 6462 underperformed the TW Electronic industry which returned 16.1% over the past year.
Return vs Market: 6462 underperformed the TW Market which returned 28.6% over the past year.
Shareholder returns
| 6462 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | -1.6% | -0.2% |
| 30 Day | -6.3% | 9.1% | 8.8% |
| 90 Day | -4.3% | 21.8% | 20.6% |
| 1 Year | -30.6%-33.8% | 20.2%16.1% | 33.1%28.6% |
| 3 Year | -23.8%-31.5% | 31.4%15.8% | 55.3%37.8% |
| 5 Year | 17.7%5.8% | 112.6%74.1% | 135.7%94.2% |
Long-Term Price Volatility Vs. Market
How volatile is Egis Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Egis Technology Inc.'s (GTSM:6462) Stock Has Fared Decently: Is the Market Following Strong Financials?4 weeks ago | Simply Wall St
Is Egis Technology (GTSM:6462) Using Too Much Debt?1 month ago | Simply Wall St
Is Egis Technology Inc. (GTSM:6462) The Right Choice For A Smart Dividend Investor?Valuation
Is Egis 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: 6462 (NT$155.5) is trading below our estimate of fair value (NT$375.7)
Significantly Below Fair Value: 6462 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6462 is good value based on its PE Ratio (12.9x) compared to the TW Electronic industry average (17.1x).
PE vs Market: 6462 is good value based on its PE Ratio (12.9x) compared to the TW market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: 6462 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 6462 is overvalued based on its PB Ratio (3.8x) compared to the TW Electronic industry average (1.6x).
Next Steps
Future Growth
How is Egis Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
23.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6462's forecast earnings growth (23.6% per year) is above the savings rate (0.8%).
Earnings vs Market: 6462's earnings (23.6% 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: 6462's revenue (9.6% per year) is forecast to grow slower than the TW market (11.1% per year).
High Growth Revenue: 6462's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6462's Return on Equity is forecast to be high in 3 years time (34.6%)
Next Steps
Past Performance
How has Egis Technology performed over the past 5 years?
42.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6462 has high quality earnings.
Growing Profit Margin: 6462's current net profit margins (11.8%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: 6462 has become profitable over the past 5 years, growing earnings by 42.2% per year.
Accelerating Growth: 6462's earnings growth over the past year (30.3%) is below its 5-year average (42.2% per year).
Earnings vs Industry: 6462 earnings growth over the past year (30.3%) exceeded the Electronic industry 5%.
Return on Equity
High ROE: 6462's Return on Equity (29%) is considered high.
Next Steps
Financial Health
How is Egis Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6462's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 6462's short term assets (NT$2.8B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 6462's debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: 6462's debt to equity ratio has increased from 4.4% to 37.1% over the past 5 years.
Debt Coverage: 6462's debt is well covered by operating cash flow (91.1%).
Interest Coverage: 6462 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Egis Technology current dividend yield, its reliability and sustainability?
5.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6462's dividend (5.79%) is higher than the bottom 25% of dividend payers in the TW market (2.13%).
High Dividend: 6462's dividend (5.79%) is in the top 25% of dividend payers in the TW market (5.17%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6462 has been paying a dividend for less than 10 years.
Growing Dividend: 6462's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.8%), 6462's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6462's dividends in 3 years are forecast to be covered by earnings (72.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Howard Ro
2.08yrs
Tenure
Mr. Shih-Hao Ro, also known as Howard, has been General Manager of Egis Technology Inc. since December 01, 2018. Mr. Ro has been a Director of Egis Technology Inc. since June 22, 2017 and served as a Deput...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 2.08yrs | no data | no data | |
| Chief Financial Officer | 1.83yrs | no data | no data | |
| CTO, COO & Representative Director | 6.25yrs | no data | no data | |
| Accountant Manager | 7.17yrs | no data | no data | |
| Legal Associate | no data | no data | no data | |
| Deputy General Manager | 12.92yrs | no data | no data | |
| Sr. Deputy GM & Director | 3.58yrs | no data | no data | |
| Deputy General Manager | no data | no data | no data | |
| Deputy General Manager | 3.83yrs | no data | no data | |
| Deputy General Manager | no data | no data | no data | |
| Senior Deputy General Manager | no data | no data | no data | |
| Deputy General Manager | no data | no data | no data |
5.3yrs
Average Tenure
Experienced Management: 6462's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 2.08yrs | no data | no data | |
| CTO, COO & Representative Director | 6.25yrs | no data | no data | |
| Sr. Deputy GM & Director | 3.58yrs | no data | no data | |
| Independent Director | no data | no data | no data | |
| Chairman | no data | no data | no data | |
| Director | 6.25yrs | no data | no data | |
| Vice Chairman | 1.5yrs | no data | no data | |
| Independent Director | 6.25yrs | no data | no data | |
| Independent Director | 6.25yrs | no data | no data | |
| Independent Director | 3.58yrs | no data | no data |
4.9yrs
Average Tenure
Experienced Board: 6462's board of directors are considered experienced (4.9 years average 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
Egis Technology Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Egis Technology Inc.
- Ticker: 6462
- Exchange: GTSM
- Founded: 2007
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: NT$10.772b
- Shares outstanding: 69.28m
- Website: https://www.egistec.com
Location
- Egis Technology Inc.
- No. 360 Rueiguang Road
- 2nd Floor
- Taipei
- 11492
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6462 | GTSM (Taipei Exchange) | Yes | Ordinary Shares | TW | TWD | Jun 2014 |
Biography
Egis Technology Inc. engages in the IC design, research, development, testing, and sale of capacitive fingerprint sensors worldwide. It offers universal 2nd factor fingerprint dongle and mobile authenticat...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 17:06 |
| 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.