KYE Systems Corp. provides computer and mobile device peripherals.
Flawless balance sheet and undervalued.
Share Price & News
How has KYE Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2365's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2365 underperformed the TW Tech industry which returned 17.6% over the past year.
Return vs Market: 2365 underperformed the TW Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is KYE Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWe're Not So Sure You Should Rely on KYE Systems's (TPE:2365) Statutory Earnings
1 month ago | Simply Wall StImagine Owning KYE Systems (TPE:2365) And Wondering If The 32% Share Price Slide Is Justified
3 months ago | Simply Wall StWe Think KYE Systems (TPE:2365) Can Manage Its Debt With Ease
Is KYE Systems 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: 2365 (NT$8.89) is trading below our estimate of fair value (NT$21.64)
Significantly Below Fair Value: 2365 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2365 is good value based on its PE Ratio (12.9x) compared to the Tech industry average (14.9x).
PE vs Market: 2365 is good value based on its PE Ratio (12.9x) compared to the TW market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2365's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2365 is good value based on its PB Ratio (0.7x) compared to the TW Tech industry average (1.3x).
How is KYE Systems 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 KYE Systems 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 KYE Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2365 has a large one-off gain of NT$114.9M impacting its March 31 2020 financial results.
Growing Profit Margin: 2365's current net profit margins (10.1%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: 2365's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: 2365's earnings growth over the past year (354.6%) exceeds its 5-year average (11.8% per year).
Earnings vs Industry: 2365 earnings growth over the past year (354.6%) exceeded the Tech industry -0.9%.
Return on Equity
High ROE: 2365's Return on Equity (5.3%) is considered low.
How is KYE Systems's financial position?
Financial Position Analysis
Short Term Liabilities: 2365's short term assets (NT$1.9B) exceed its short term liabilities (NT$259.3M).
Long Term Liabilities: 2365's short term assets (NT$1.9B) exceed its long term liabilities (NT$351.8M).
Debt to Equity History and Analysis
Debt Level: 2365's debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 2365's debt to equity ratio has reduced from 18% to 7.7% over the past 5 years.
Debt Coverage: 2365's debt is well covered by operating cash flow (128.8%).
Interest Coverage: 2365 earns more interest than it pays, so coverage of interest payments is not a concern.
What is KYE Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2365's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2365's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2365's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2365's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2365 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2365'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?
Shi Kun Zhuo
Shi Kun Zhuo serves as Chairman, President and Chief Executive Officer of KYE Systems Corp. and served as its Vice Chairman.
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.
KYE Systems Corp.'s company bio, employee growth, exchange listings and data sources
- Name: KYE Systems Corp.
- Ticker: 2365
- Exchange: TSEC
- Founded: 1983
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: NT$2.085b
- Shares outstanding: 234.54m
- Website: https://tw.geniusnet.com
- KYE Systems Corp.
- No. 492, Chongxin Road
- Section 5
- New Taipei City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2365||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Nov 1997|
KYE Systems Corp. provides computer and mobile device peripherals. It offers mouse, keyboards, stylus, headphones, speakers, digital cameras, headsets, and e-sports peripherals. The company was founded in 1983 and is based in New Taipei City, Taiwan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 15:14|
|End of Day Share Price||2020/06/05 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.