Daito Me Holdings Co., Ltd sells CPU motherboards, control device components, servo motors, power supplies, and connectors.
Undervalued with excellent balance sheet.
Share Price & News
How has Daito Me Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8455 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8455 underperformed the TW Electronic industry which returned 14.3% over the past year.
Return vs Market: 8455 underperformed the TW Market which returned 8.2% over the past year.
Price Volatility Vs. Market
How volatile is Daito Me Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDaito Me Holdings (GTSM:8455) Has A Pretty Healthy Balance Sheet
4 weeks ago | Simply Wall StIs Daito Me Holdings Co., Ltd's (GTSM:8455) Capital Allocation Ability Worth Your Time?
1 month ago | Simply Wall StWhat Is Daito Me Holdings's (GTSM:8455) P/E Ratio After Its Share Price Rocketed?
Is Daito Me Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8455 (NT$21.05) is trading below our estimate of fair value (NT$587.65)
Significantly Below Fair Value: 8455 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8455 is good value based on its PE Ratio (16x) compared to the Electronic industry average (16.5x).
PE vs Market: 8455 is good value based on its PE Ratio (16x) compared to the TW market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8455's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8455 is good value based on its PB Ratio (1x) compared to the TW Electronic industry average (1.3x).
How is Daito Me Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Daito Me Holdings 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.
How has Daito Me Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8455 has a large one-off loss of NT$20.9M impacting its March 31 2020 financial results.
Growing Profit Margin: 8455's current net profit margins (1.4%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: 8455's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: 8455's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8455 had negative earnings growth (-50.4%) over the past year, making it difficult to compare to the Electronic industry average (-5.8%).
Return on Equity
High ROE: 8455's Return on Equity (0.03%) is considered low.
How is Daito Me Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8455's short term assets (NT$1.1B) exceed its short term liabilities (NT$788.1M).
Long Term Liabilities: 8455's short term assets (NT$1.1B) exceed its long term liabilities (NT$305.0M).
Debt to Equity History and Analysis
Debt Level: 8455's debt to equity ratio (70.5%) is considered high.
Reducing Debt: 8455's debt to equity ratio has reduced from 109.6% to 70.5% over the past 5 years.
Debt Coverage: 8455's debt is well covered by operating cash flow (55.8%).
Interest Coverage: 8455's interest payments on its debt are well covered by EBIT (6.7x coverage).
What is Daito Me Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8455's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.51%).
High Dividend: 8455's dividend (0.76%) is low compared to the top 25% of dividend payers in the TW market (5.56%).
Stability and Growth of Payments
Stable Dividend: 8455 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 8455 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: 8455 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8455's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Issunboshi Okuyama (59yo)
Mr. Issunboshi Okuyama serves as President and Director at Daito Me Holdings Co., Ltd since February 20, 2014. Mr. Okuyama has been the President and Representative Director of Freesia Macross Corporation ...
|President & Director||6.33yrs||no data||no data|
|Chairman||6.42yrs||no data||no data|
|Director||2yrs||no data||no data|
|Independent Director||6.33yrs||no data||no data|
|Independent Director||5.42yrs||NT$300.00k||no data|
|Independent Director||6.33yrs||no data||no data|
Experienced Board: 8455's board of directors are considered experienced (6.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Daito Me Holdings Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: Daito Me Holdings Co., Ltd
- Ticker: 8455
- Exchange: GTSM
- Founded: 1957
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: NT$530.861m
- Shares outstanding: 25.22m
- Website: https://www.daito-me.com.tw
Number of Employees
- Daito Me Holdings Co., Ltd
- 190 Elgin Avenue
- George Town
- Grand Cayman
- Cayman Islands
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8455||GTSM (Taipei Exchange)||Yes||Ordinary Shares||TW||TWD||Jan 2016|
Daito Me Holdings Co., Ltd sells CPU motherboards, control device components, servo motors, power supplies, and connectors. Its products include control panel, coil, robot arm system, and embedded solution products. The company serves automotive, industrial work machinery, other industries. Daito Me Holdings Co., Ltd was founded in 1957 and is headquartered in George Town, the Cayman Islands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 07:31|
|End of Day Share Price||2020/06/03 00:00|
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.