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8032

Koryo Electronics TPEX:8032 Stock Report

Last Price

NT$28.40

Market Cap

NT$1.5b

7D

0.2%

1Y

23.5%

Updated

17 May, 2022

Data

Company Financials
8032 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends4/6

8032 Stock Overview

Koryo Electronics Co., Ltd. engages in the production, sale, and import/export of electronic parts and components, and computers and computer peripherals.

Koryo Electronics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Koryo Electronics
Historical stock prices
Current Share PriceNT$28.40
52 Week HighNT$32.85
52 Week LowNT$22.00
Beta0.19
1 Month Change0.89%
3 Month Change-0.70%
1 Year Change23.48%
3 Year Change3.27%
5 Year Change12.25%
Change since IPO-13.79%

Recent News & Updates

Shareholder Returns

8032TW ElectronicTW Market
7D0.2%0.08%-0.8%
1Y23.5%4.4%4.2%

Return vs Industry: 8032 exceeded the TW Electronic industry which returned 4.4% over the past year.

Return vs Market: 8032 exceeded the TW Market which returned 4.2% over the past year.

Price Volatility

Is 8032's price volatile compared to industry and market?
8032 volatility
8032 Average Weekly Movement2.0%
Electronic Industry Average Movement4.8%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.1%

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.

About the Company

FoundedEmployeesCEOWebsite
1987n/aC. Lewhttps://www.koryo.com.tw

Koryo Electronics Co., Ltd. engages in the production, sale, and import/export of electronic parts and components, and computers and computer peripherals. It also imports/exports electric appliances and components, such as TV sets, video and radio cassette recorders, air conditioners, refrigerators, and microwave ovens; and acts as an agent for related products of domestic and international companies on sales, bids, and quotes. The company provides memory integrated circuits, microprocessors, application specific integrated circuits, distributed and baseband controller components, and other products.

Koryo Electronics Fundamentals Summary

How do Koryo Electronics's earnings and revenue compare to its market cap?
8032 fundamental statistics
Market CapNT$1.47b
Earnings (TTM)NT$181.68m
Revenue (TTM)NT$3.95b

8.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8032 income statement (TTM)
RevenueNT$3.95b
Cost of RevenueNT$3.34b
Gross ProfitNT$615.17m
Other ExpensesNT$433.49m
EarningsNT$181.68m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.51
Gross Margin15.56%
Net Profit Margin4.59%
Debt/Equity Ratio45.1%

How did 8032 perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

51%

Payout Ratio

Valuation

Is Koryo Electronics undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


3.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 8032 (NT$28.4) is trading below our estimate of fair value (NT$29.51)

Significantly Below Fair Value: 8032 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 8032 is good value based on its PE Ratio (8.1x) compared to the TW Electronic industry average (13.4x).

PE vs Market: 8032 is good value based on its PE Ratio (8.1x) compared to the TW market (14.8x).


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 (0.8x) compared to the TW Electronic industry average (1.6x).


Future Growth

How is Koryo 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


12.7%

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.


Past Performance

How has Koryo Electronics performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8032 has a high level of non-cash earnings.

Growing Profit Margin: 8032's current net profit margins (4.6%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: 8032's earnings have declined by 1.2% per year over the past 5 years.

Accelerating Growth: 8032's earnings growth over the past year (134%) exceeds its 5-year average (-1.2% per year).

Earnings vs Industry: 8032 earnings growth over the past year (134%) exceeded the Electronic industry 37.3%.


Return on Equity

High ROE: 8032's Return on Equity (10.1%) is considered low.


Financial Health

How is Koryo 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: 8032's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.6B).

Long Term Liabilities: 8032's short term assets (NT$2.6B) exceed its long term liabilities (NT$153.3M).


Debt to Equity History and Analysis

Debt Level: 8032's net debt to equity ratio (15%) is considered satisfactory.

Reducing Debt: 8032's debt to equity ratio has increased from 18.5% to 45.1% over the past 5 years.

Debt Coverage: 8032's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8032 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.34%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 8032's dividend (6.34%) is higher than the bottom 25% of dividend payers in the TW market (2.39%).

High Dividend: 8032's dividend (6.34%) is in the top 25% of dividend payers in the TW market (6.13%)


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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.3%), 8032's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 8032 is paying a dividend but the company has no free cash flows.


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 employee growth, exchange listings and data sources


Key Information

  • Name: Koryo Electronics Co., Ltd.
  • Ticker: 8032
  • Exchange: TPEX
  • Founded: 1987
  • Industry: Electronic Components
  • Sector: Tech
  • Implied Market Cap: NT$1.471b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/31
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.