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6245

Lanner Electronics TPEX:6245 Stock Report

Last Price

NT$58.60

Market Cap

NT$6.8b

7D

-10.7%

1Y

27.5%

Updated

30 Sep, 2022

Data

Company Financials
6245 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends3/6

6245 Stock Overview

Lanner Electronics Inc. provides design, engineering, and manufacturing services for advanced network appliances and rugged applied computing platforms for system integrators, service providers, and application developers worldwide.

Lanner Electronics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lanner Electronics
Historical stock prices
Current Share PriceNT$58.60
52 Week HighNT$81.50
52 Week LowNT$43.70
Beta0.76
1 Month Change-15.07%
3 Month Change-5.64%
1 Year Change27.53%
3 Year Change-17.35%
5 Year Change48.57%
Change since IPO482.51%

Recent News & Updates

Shareholder Returns

6245TW CommunicationsTW Market
7D-10.7%-5.9%-5.0%
1Y27.5%3.7%-18.0%

Return vs Industry: 6245 exceeded the TW Communications industry which returned -0.5% over the past year.

Return vs Market: 6245 exceeded the TW Market which returned -19.3% over the past year.

Price Volatility

Is 6245's price volatile compared to industry and market?
6245 volatility
6245 Average Weekly Movement7.8%
Communications Industry Average Movement7.0%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.4%

Stable Share Price: 6245 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 6245's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1986n/an/ahttps://www.lannerinc.com

Lanner Electronics Inc. provides design, engineering, and manufacturing services for advanced network appliances and rugged applied computing platforms for system integrators, service providers, and application developers worldwide. The company offers network appliances, such as modules and acceleration cards, industrial security appliances, wide temperature network appliances, desktop network appliances, and rackmount network appliances, as well as Wi-Fi access points; and telecom datacenter appliances consisting of cloud storage, HybridTCA, vCPE/uCPE, and video transport platforms, as well as modules and blades, hyper-converged appliances, and open RAN platforms. It also provides intelligent edge appliances, including DIN-Rail industrial gateway, embedded platform, intelligent video platform, rackmount industrial computer, rugged wireless gateway, vehicle gateway, and vehicle/rail computer; edge AI appliances, such as deep learning accelerators, inference server, and appliances, as well as AI starter kits; and extension modules comprising POE NIC, 100G+ NIC, 10/25/40G NIC, Radio, storage NIC, acceleration, and 1G NIC modules, as well as industrial GbE PCIe cards.

Lanner Electronics Fundamentals Summary

How do Lanner Electronics's earnings and revenue compare to its market cap?
6245 fundamental statistics
Market CapNT$6.80b
Earnings (TTM)NT$700.32m
Revenue (TTM)NT$8.48b

9.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6245 income statement (TTM)
RevenueNT$8.48b
Cost of RevenueNT$6.19b
Gross ProfitNT$2.28b
Other ExpensesNT$1.58b
EarningsNT$700.32m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.93
Gross Margin26.92%
Net Profit Margin8.26%
Debt/Equity Ratio29.3%

How did 6245 perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

50%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 6245 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 6245?

Other financial metrics that can be useful for relative valuation.

6245 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/Revenue0.7x
Enterprise Value/EBITDA6.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6245's PE Ratio compare to its peers?

6245 PE Ratio vs Peers
The above table shows the PE ratio for 6245 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.7x
4977 PCL Technologies
40x64.6%NT$7.9b
6546 AMPAK Technology
12.4x18.0%NT$6.9b
2419 Hitron Technologies
26.9xn/aNT$7.9b
2332 D-Link
39.9xn/aNT$8.8b
6245 Lanner Electronics
9.9xn/aNT$6.8b

Price-To-Earnings vs Peers: 6245 is good value based on its Price-To-Earnings Ratio (9.9x) compared to the peer average (29.7x).


Price to Earnings Ratio vs Industry

How does 6245's PE Ratio compare vs other companies in the TW Communications Industry?

Price-To-Earnings vs Industry: 6245 is good value based on its Price-To-Earnings Ratio (9.9x) compared to the TW Communications industry average (18.2x)


Price to Earnings Ratio vs Fair Ratio

What is 6245'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.

6245 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6245's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6245 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6245 (NT$58.6) is trading below our estimate of fair value (NT$60.36)

Significantly Below Fair Value: 6245 is trading below fair value, but not by a significant amount.


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 Lanner Electronics 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 Lanner 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.


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  • Examine whether Lanner Electronics is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Lanner Electronics performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6245 has a high level of non-cash earnings.

Growing Profit Margin: 6245's current net profit margins (8.3%) are higher than last year (7%).


Past Earnings Growth Analysis

Earnings Trend: 6245's earnings have grown by 11.7% per year over the past 5 years.

Accelerating Growth: 6245's earnings growth over the past year (33.2%) exceeds its 5-year average (11.7% per year).

Earnings vs Industry: 6245 earnings growth over the past year (33.2%) exceeded the Communications industry 28.1%.


Return on Equity

High ROE: 6245's Return on Equity (19.4%) is considered low.


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Financial Health

How is Lanner Electronics's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6245's short term assets (NT$6.4B) exceed its short term liabilities (NT$3.1B).

Long Term Liabilities: 6245's short term assets (NT$6.4B) exceed its long term liabilities (NT$1.2B).


Debt to Equity History and Analysis

Debt Level: 6245 has more cash than its total debt.

Reducing Debt: 6245's debt to equity ratio has increased from 3.1% to 29.3% over the past 5 years.

Debt Coverage: 6245's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: 6245's interest payments on its debt are well covered by EBIT (71.7x coverage).


Balance Sheet


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Dividend

What is Lanner Electronics's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.12%

Current Dividend Yield

Dividend Yield vs Market

Lanner Electronics Dividend Yield vs Market
How does Lanner Electronics dividend yield compare to the market?
SegmentDividend Yield
Company (Lanner Electronics)5.1%
Market Bottom 25% (TW)2.6%
Market Top 25% (TW)7.0%
Industry Average (Communications)3.0%
Analyst forecast in 3 Years (Lanner Electronics)n/a

Notable Dividend: 6245's dividend (5.12%) is higher than the bottom 25% of dividend payers in the TW market (2.57%).

High Dividend: 6245's dividend (5.12%) is low compared to the top 25% of dividend payers in the TW market (7.03%).


Stability and Growth of Payments

Stable Dividend: 6245's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6245's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.3%), 6245's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (3379.1%), 6245's dividend payments are not well covered by cash flows.


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Management

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


CEO

Lanner Electronics has no CEO, or we have no data on them.


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 6245?
Owner TypeNumber of SharesOwnership Percentage
Institutions13,504,15011.4%
General Public104,538,28888.6%

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


Top Shareholders

Top 5 shareholders own 11.44% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
5.08%
Swedbank Robur Fonder AB
6,000,000NT$351.6m0%0.02%
4.77%
Fuh Hwa Securities Investment Trust Co. Ltd.
5,627,661NT$329.8m0%0.48%
1.4%
Dimensional Fund Advisors LP
1,654,707NT$97.0m26.52%no data
0.17%
Taichung Bank Securities Investment Trust Co., Ltd.
200,782NT$11.8m-38.36%0.69%
0.018%
American Century Investment Management Inc
21,000NT$1.2m0%no data

Company Information

Lanner Electronics Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Lanner Electronics Inc.
  • Ticker: 6245
  • Exchange: TPEX
  • Founded: 1986
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: NT$6.799b
  • Shares outstanding: 118.04m
  • Website: https://www.lannerinc.com

Location

  • Lanner Electronics Inc.
  • 173 Datong Road
  • 7th Floor
  • New Taipei City
  • 22184
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6245TPEX (Taipei Exchange)YesCommon StockTWTWDMay 2003

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.