GTSM:6462

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Egis Technology

Executive Summary

Egis Technology Inc. engages in the IC design, research, development, testing, and sale of capacitive fingerprint sensors worldwide. More Details


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

6462IndustryMarket
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 Year17.7%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

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

NamePositionTenureCompensationOwnership
Shih-Hao Ro
GM & Director2.08yrsno datano data
George Chang
Chief Financial Officer1.83yrsno datano data
Gong-Yi Lin
CTO, COO & Representative Director6.25yrsno datano data
Fei Min Huang
Accountant Manager7.17yrsno datano data
Ming Cheng Chen
Legal Associateno datano datano data
Su Jie Bin
Deputy General Manager12.92yrsno datano data
Yi-Ping Lee
Sr. Deputy GM & Director3.58yrsno datano data
Chung-Lin Chih
Deputy General Managerno datano datano data
Chih Ning Hsu
Deputy General Manager3.83yrsno datano data
Nian-Horng Hwang
Deputy General Managerno datano datano data
Chia-Hua Chung
Senior Deputy General Managerno datano datano data
Karen Chang
Deputy General Managerno datano datano data

5.3yrs

Average Tenure

Experienced Management: 6462's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shih-Hao Ro
GM & Director2.08yrsno datano data
Gong-Yi Lin
CTO, COO & Representative Director6.25yrsno datano data
Yi-Ping Lee
Sr. Deputy GM & Director3.58yrsno datano data
Lai-Juh Chen
Independent Directorno datano datano data
Sen-Chou Lo
Chairmanno datano datano data
Chen-Jung Shih
Director6.25yrsno datano data
Ming-To Yu
Vice Chairman1.5yrsno datano data
Ming-Jeng Weng
Independent Director6.25yrsno datano data
Ding-Jung Liu
Independent Director6.25yrsno datano data
Ta-Lun Huang
Independent Director3.58yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6462GTSM (Taipei Exchange)YesOrdinary SharesTWTWDJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 17:06
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.