Executive Summary
Koryo Electronics Co., Ltd. engages in the production, sale, and import/export of electronic parts and components, and computers and computer peripherals. More Details
Risk Analysis
Snowflake Analysis
Excellent balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Koryo Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8032 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 8032's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
8032
0.5%
TW Electronic
-0.1%
TW Market
1 Year Return
-6.8%
8032
36.9%
TW Electronic
41.5%
TW Market
Return vs Industry: 8032 underperformed the TW Electronic industry which returned 35% over the past year.
Return vs Market: 8032 underperformed the TW Market which returned 40.3% over the past year.
Shareholder returns
| 8032 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 0.5% | -0.1% |
| 30 Day | 3.7% | 7.2% | 5.6% |
| 90 Day | 4.6% | 19.9% | 15.0% |
| 1 Year | -1.9%-6.8% | 41.7%36.9% | 46.5%41.5% |
| 3 Year | 13.0%-6.0% | 50.7%32.7% | 67.1%48.2% |
| 5 Year | 5.3%-22.8% | 104.4%67.5% | 123.0%83.7% |
Long-Term Price Volatility Vs. Market
How volatile is Koryo Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Investors In Koryo Electronics Co., Ltd. (GTSM:8032) Should Consider This, First1 month ago | Simply Wall St
What Koryo Electronics' (GTSM:8032) Returns On Capital Can Tell Us2 months ago | Simply Wall St
Here's Why Koryo Electronics (GTSM:8032) Can Manage Its Debt ResponsiblyValuation
Is Koryo Electronics undervalued compared to its fair value and its price relative to the market?
22.7x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8032 (NT$22.5) is trading above our estimate of fair value (NT$13.66)
Significantly Below Fair Value: 8032 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8032 is poor value based on its PE Ratio (22.7x) compared to the TW Electronic industry average (18.4x).
PE vs Market: 8032 is poor value based on its PE Ratio (22.7x) compared to the TW market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8032's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8032 is good value based on its PB Ratio (0.7x) compared to the TW Electronic industry average (1.7x).
Next Steps
Future Growth
How is Koryo Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.1%
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 Koryo 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.
Next Steps
- Examine Koryo Electronics's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Tech industry.
Past Performance
How has Koryo Electronics performed over the past 5 years?
-10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8032 has high quality earnings.
Growing Profit Margin: 8032's current net profit margins (1.7%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: 8032's earnings have declined by 10.7% per year over the past 5 years.
Accelerating Growth: 8032's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8032 had negative earnings growth (-48.1%) over the past year, making it difficult to compare to the Electronic industry average (9.8%).
Return on Equity
High ROE: 8032's Return on Equity (3.3%) is considered low.
Next Steps
Financial Health
How is Koryo Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: 8032's short term assets (NT$1.8B) exceed its short term liabilities (NT$832.1M).
Long Term Liabilities: 8032's short term assets (NT$1.8B) exceed its long term liabilities (NT$124.3M).
Debt to Equity History and Analysis
Debt Level: 8032's debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 8032's debt to equity ratio has increased from 2.9% to 26% over the past 5 years.
Debt Coverage: 8032's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 8032 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Koryo Electronics's current dividend yield, its reliability and sustainability?
5.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8032's dividend (5.02%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 8032's dividend (5.02%) is in the top 25% of dividend payers in the TW market (4.99%)
Stability and Growth of Payments
Stable Dividend: 8032's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8032's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (113.8%), 8032's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
C. Lew
no data
Tenure
Mr. C. F. Lew serves as the Chief Executive Officer of Koryo Electronics Co. Ltd.
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
Koryo Electronics Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Koryo Electronics Co., Ltd.
- Ticker: 8032
- Exchange: GTSM
- Founded: 1987
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$1.168b
- Shares outstanding: 51.81m
- Website: https://www.koryo.com.tw
Location
- Koryo Electronics Co., Ltd.
- No. 79, Xintai 5th Road
- 9th Floor-7
- New Taipei City
- 22101
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8032 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Oct 2003 |
Biography
Koryo Electronics Co., Ltd. engages in the production, sale, and import/export of electronic parts and components, and computers and computer peripherals. The company also imports/exports electric applianc...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 08:45 |
| End of Day Share Price | 2021/03/03 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.