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3558

Senao Networks TPEX:3558 Stock Report

Last Price

NT$170.00

Market Cap

NT$8.0b

7D

-7.6%

1Y

92.1%

Updated

30 Sep, 2022

Data

Company Financials
3558 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

3558 Stock Overview

Senao Networks, Inc. researches, develops, designs, manufactures, and sells wireless communication products in Taiwan, the United States, Europe, and internationally.

Senao Networks Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Senao Networks
Historical stock prices
Current Share PriceNT$170.00
52 Week HighNT$254.00
52 Week LowNT$87.10
Beta0.60
1 Month Change-25.93%
3 Month Change4.94%
1 Year Change92.09%
3 Year Change48.47%
5 Year Change23.19%
Change since IPO10.04%

Recent News & Updates

Shareholder Returns

3558TW CommunicationsTW Market
7D-7.6%-9.1%-5.5%
1Y92.1%-0.5%-19.3%

Return vs Industry: 3558 exceeded the TW Communications industry which returned -0.5% over the past year.

Return vs Market: 3558 exceeded the TW Market which returned -19.3% over the past year.

Price Volatility

Is 3558's price volatile compared to industry and market?
3558 volatility
3558 Average Weekly Movement9.1%
Communications Industry Average Movement7.1%
Market Average Movement5.2%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 3558 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 3558's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aPo-Chang Linhttps://www.senaonetworks.com

Senao Networks, Inc. researches, develops, designs, manufactures, and sells wireless communication products in Taiwan, the United States, Europe, and internationally. It offers enterprise wireless products, including indoor access points, outdoor PTP/PTMP, and LTE (Sub-6 GHz); data center switches, enterprise and cloud-enabled ethernet switches, and range of network appliances; cordless phone systems and durable handsets, and cordless VoIP phone systems; and smart cloud network management services. The company also provides slim redundant and CRPS redundant power supplies; and single and dual out open frame power supply modules, as well as indoor and outdoor PoE injectors for power supply.

Senao Networks Fundamentals Summary

How do Senao Networks's earnings and revenue compare to its market cap?
3558 fundamental statistics
Market CapNT$8.00b
Earnings (TTM)NT$706.47m
Revenue (TTM)NT$11.34b

11.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3558 income statement (TTM)
RevenueNT$11.34b
Cost of RevenueNT$9.12b
Gross ProfitNT$2.22b
Other ExpensesNT$1.51b
EarningsNT$706.47m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)14.40
Gross Margin19.58%
Net Profit Margin6.23%
Debt/Equity Ratio0.2%

How did 3558 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

21%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 3558 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3558?

Other financial metrics that can be useful for relative valuation.

3558 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA7.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3558's PE Ratio compare to its peers?

3558 PE Ratio vs Peers
The above table shows the PE ratio for 3558 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22.5x
4906 Gemtek Technology
21.5xn/aNT$10.5b
3152 Advanced Ceramic X
18.9xn/aNT$10.4b
4977 PCL Technologies
40x64.6%NT$7.9b
3704 Unizyx Holding
9.4xn/aNT$9.4b
3558 Senao Networks
11.8xn/aNT$8.0b

Price-To-Earnings vs Peers: 3558 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (22.5x).


Price to Earnings Ratio vs Industry

How does 3558's PE Ratio compare vs other companies in the TW Communications Industry?

Price-To-Earnings vs Industry: 3558 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the TW Communications industry average (18.2x)


Price to Earnings Ratio vs Fair Ratio

What is 3558's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3558 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3558's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3558 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3558 (NT$170) is trading above our estimate of fair value (NT$60.36)

Significantly Below Fair Value: 3558 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Senao Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.2%

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 Senao Networks 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.


Discover growth companies

Past Performance

How has Senao Networks performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3558 has a high level of non-cash earnings.

Growing Profit Margin: 3558's current net profit margins (6.2%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 3558's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: 3558's earnings growth over the past year (78.3%) exceeds its 5-year average (1.7% per year).

Earnings vs Industry: 3558 earnings growth over the past year (78.3%) exceeded the Communications industry 28.1%.


Return on Equity

High ROE: 3558's Return on Equity (22.3%) is considered high.


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Financial Health

How is Senao Networks's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3558's short term assets (NT$6.9B) exceed its short term liabilities (NT$5.6B).

Long Term Liabilities: 3558's short term assets (NT$6.9B) exceed its long term liabilities (NT$291.2M).


Debt to Equity History and Analysis

Debt Level: 3558 has more cash than its total debt.

Reducing Debt: 3558's debt to equity ratio has reduced from 4% to 0.2% over the past 5 years.

Debt Coverage: 3558's debt is well covered by operating cash flow (10516.1%).

Interest Coverage: 3558 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Senao Networks's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.76%

Current Dividend Yield

Dividend Yield vs Market

Senao Networks Dividend Yield vs Market
How does Senao Networks dividend yield compare to the market?
SegmentDividend Yield
Company (Senao Networks)1.8%
Market Bottom 25% (TW)2.6%
Market Top 25% (TW)7.0%
Industry Average (Communications)3.0%
Analyst forecast in 3 Years (Senao Networks)n/a

Notable Dividend: 3558's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.57%).

High Dividend: 3558's dividend (1.76%) is low compared to the top 25% of dividend payers in the TW market (7.03%).


Stability and Growth of Payments

Stable Dividend: 3558's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3558's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.8%), 3558's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.4%), 3558's dividend payments are covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

6.9yrs

Average management tenure


CEO

Po-Chang Lin

6.75yrs

Tenure

Po-Chang Lin serves as President of Senao Networks, Inc. since December 29, 2015. Po-Chang Lin is President of Marvell Taiwan and CTO of Delta Electronics, Inc./Delta Networks, Inc. Po-Chang Lin holds Doct...


Leadership Team

Experienced Management: 3558's management team is seasoned and experienced (6.9 years average tenure).


Board Members

Experienced Board: 3558's board of directors are seasoned and experienced ( 15.4 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

What is the ownership structure of 3558?
Owner TypeNumber of SharesOwnership Percentage
Institutions5,757,28711.7%
General Public43,303,59488.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 10 shareholders own 11.73% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
6.85%
Cathay Securities Investment Trust Co Ltd.
3,361,252NT$571.4m0%0.19%
1.8%
Uni-President Assets Management Co., Ltd.
883,876NT$150.3m0%0.35%
0.92%
Jih Sun Securities Investment Trust Co., Ltd
450,323NT$76.6m0%0.74%
0.79%
Dimensional Fund Advisors LP
387,999NT$66.0m-0.01%no data
0.5%
Nippon Life India Asset Management Limited
243,035NT$41.3m0%0.01%
0.42%
First Securities Investment Trust Co., Ltd.
205,189NT$34.9m0%0.1%
0.33%
Fuh Hwa Securities Investment Trust Co. Ltd.
162,556NT$27.6m0%0.04%
0.084%
JKO Asset Management Co., Ltd.
41,042NT$7.0m0%1.36%
0.031%
Amundi Asset Management
15,015NT$2.6m0%no data
0.014%
American Century Investment Management Inc
7,000NT$1.2m0%no data

Company Information

Senao Networks, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Senao Networks, Inc.
  • Ticker: 3558
  • Exchange: TPEX
  • Founded: 2006
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: NT$7.997b
  • Shares outstanding: 49.06m
  • Website: https://www.senaonetworks.com

Location

  • Senao Networks, Inc.
  • No.500, Fuxing 3rd Road
  • Hwa-Ya Technology Park
  • Taoyuan City
  • 333001
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3558TPEX (Taipei Exchange)YesCommon StockTWTWDMay 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.