6121 Stock Overview
Simplo Technology Co., Ltd. develops, produces, and sells battery packs worldwide.
No risks detected for 6121 from our risk checks.
Simplo Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$332.00|
|52 Week High||NT$391.50|
|52 Week Low||NT$273.50|
|1 Month Change||2.00%|
|3 Month Change||16.49%|
|1 Year Change||-8.16%|
|3 Year Change||55.87%|
|5 Year Change||113.05%|
|Change since IPO||1,393.02%|
Recent News & Updates
Estimating The Intrinsic Value Of Simplo Technology Co., Ltd. (GTSM:6121)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Simplo Technology Co...
|6121||TW Electronic||TW Market|
Return vs Industry: 6121 underperformed the TW Electronic industry which returned 8% over the past year.
Return vs Market: 6121 underperformed the TW Market which returned 17.8% over the past year.
|6121 Average Weekly Movement||4.2%|
|Electronic Industry Average Movement||5.4%|
|Market Average Movement||4.3%|
|10% most volatile stocks in TW Market||8.5%|
|10% least volatile stocks in TW Market||1.7%|
Stable Share Price: 6121 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6121's weekly volatility (4%) has been stable over the past year.
About the Company
Simplo Technology Co., Ltd. develops, produces, and sells battery packs worldwide. Its products include LEV power tool battery, handheld tool battery, and electric vehicle battery modules; household energy storage systems; smartphone, tablet, and laptop battery modules; power banks; wearable devices; and power banks, BT speaker, cleaning robots, wearable devices, and vacuum cleaner Li-ion battery modules. The company also provides machine parts, such as plastic moldings, injections/fixtures/films, metal stampings/trays, and die cut/busbar products; AGV products and automation equipment; and lab testing services, as well as power equipment, industrial robot controllers, machine arms, and industrial cameras.
Simplo Technology Fundamentals Summary
|6121 fundamental statistics|
Is 6121 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6121 income statement (TTM)|
|Cost of Revenue||NT$86.31b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||35.18|
|Net Profit Margin||6.51%|
How did 6121 perform over the long term?See historical performance and comparison
5.8%Current Dividend Yield
Is Simplo Technology 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: 6121 (NT$332) is trading below our estimate of fair value (NT$1044.46)
Significantly Below Fair Value: 6121 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6121 is good value based on its PE Ratio (9.4x) compared to the TW Electronic industry average (17.7x).
PE vs Market: 6121 is good value based on its PE Ratio (9.4x) compared to the TW market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: 6121 is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: 6121 is overvalued based on its PB Ratio (2x) compared to the TW Electronic industry average (1.8x).
How is Simplo Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6121's forecast earnings growth (5.9% per year) is above the savings rate (0.8%).
Earnings vs Market: 6121's earnings (5.9% per year) are forecast to grow slower than the TW market (11.1% per year).
High Growth Earnings: 6121's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6121's revenue (5.4% per year) is forecast to grow slower than the TW market (10.9% per year).
High Growth Revenue: 6121's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6121's Return on Equity is forecast to be high in 3 years time (20.5%)
How has Simplo Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6121 has high quality earnings.
Growing Profit Margin: 6121's current net profit margins (6.5%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: 6121's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: 6121's earnings growth over the past year (47%) exceeds its 5-year average (19% per year).
Earnings vs Industry: 6121 earnings growth over the past year (47%) exceeded the Electronic industry 36%.
Return on Equity
High ROE: 6121's Return on Equity (20.6%) is considered high.
How is Simplo Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6121's short term assets (NT$58.8B) exceed its short term liabilities (NT$32.9B).
Long Term Liabilities: 6121's short term assets (NT$58.8B) exceed its long term liabilities (NT$2.4B).
Debt to Equity History and Analysis
Debt Level: 6121 has more cash than its total debt.
Reducing Debt: 6121's debt to equity ratio has reduced from 9.3% to 3.1% over the past 5 years.
Debt Coverage: 6121's debt is well covered by operating cash flow (634.7%).
Interest Coverage: 6121 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Simplo Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6121's dividend (5.75%) is higher than the bottom 25% of dividend payers in the TW market (1.85%).
High Dividend: 6121's dividend (5.75%) is in the top 25% of dividend payers in the TW market (5.02%)
Stability and Growth of Payments
Stable Dividend: 6121's dividends per share have been stable in the past 10 years.
Growing Dividend: 6121's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.3%), 6121's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6121's dividends in 3 years are forecast to be covered by earnings (66.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Fu-Hsiang Sung serves as CSO at Advanced Energy Solution Holding Co., Ltd since November 10, 2021 and serves as Chairman of the Board since January 09, 2020. He is Chairman of Simplo Technology Co., Lt...
Experienced Management: 6121's management team is seasoned and experienced (14.5 years average tenure).
Experienced Board: 6121's board of directors are seasoned and experienced ( 19.7 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.
Simplo Technology Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Simplo Technology Co., Ltd.
- Ticker: 6121
- Exchange: TPEX
- Founded: 1992
- Industry: Electronic Components
- Sector: Tech
- Implied Market Cap: NT$61.410b
- Shares outstanding: 184.97m
- Website: https://www.simplo.com.tw
- Simplo Technology Co., Ltd.
- No. 471, Bade Road
- Section 2
- Hsinchu City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/18 15:55|
|End of Day Share Price||2022/01/18 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.