Getac Technology Corporation, together with its subsidiaries, engages in the research, development, manufacture, and sale of various information products in China, the United States, Europe, and internationally. More Details
Solid track record with excellent balance sheet and pays a dividend.
Share Price & News
How has Getac Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3005 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3005's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3005 underperformed the TW Tech industry which returned 40.9% over the past year.
Return vs Market: 3005 underperformed the TW Market which returned 64% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Getac Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StGetac Technology (TPE:3005) Seems To Use Debt Rather Sparingly
3 weeks ago | Simply Wall StWhat To Know Before Buying Getac Technology Corporation (TPE:3005) For Its Dividend
3 weeks ago | Simply Wall StOnly Four Days Left To Cash In On Getac Technology's (TPE:3005) Dividend
Is Getac 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: 3005 (NT$57.9) is trading below our estimate of fair value (NT$58.08)
Significantly Below Fair Value: 3005 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 3005 is good value based on its PE Ratio (13.1x) compared to the TW Tech industry average (18x).
PE vs Market: 3005 is good value based on its PE Ratio (13.1x) compared to the TW market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: 3005 is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 3005 is overvalued based on its PB Ratio (2.1x) compared to the TW Tech industry average (1.9x).
How is Getac 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: 3005's forecast earnings growth (12.8% per year) is above the savings rate (0.8%).
Earnings vs Market: 3005's earnings (12.8% per year) are forecast to grow slower than the TW market (15.9% per year).
High Growth Earnings: 3005's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3005's revenue (9.7% per year) is forecast to grow slower than the TW market (10% per year).
High Growth Revenue: 3005's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3005's Return on Equity is forecast to be low in 3 years time (18.8%).
How has Getac Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3005 has high quality earnings.
Growing Profit Margin: 3005's current net profit margins (9.3%) are higher than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: 3005's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: 3005's earnings growth over the past year (21.1%) exceeds its 5-year average (9.6% per year).
Earnings vs Industry: 3005 earnings growth over the past year (21.1%) exceeded the Tech industry 15.4%.
Return on Equity
High ROE: 3005's Return on Equity (14.8%) is considered low.
How is Getac Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3005's short term assets (NT$19.8B) exceed its short term liabilities (NT$11.7B).
Long Term Liabilities: 3005's short term assets (NT$19.8B) exceed its long term liabilities (NT$4.1B).
Debt to Equity History and Analysis
Debt Level: 3005's debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: 3005's debt to equity ratio has increased from 9.7% to 14% over the past 5 years.
Debt Coverage: 3005's debt is well covered by operating cash flow (166.4%).
Interest Coverage: 3005 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Getac Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3005's dividend (6.22%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 3005's dividend (6.22%) is in the top 25% of dividend payers in the TW market (4.83%)
Stability and Growth of Payments
Stable Dividend: 3005's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3005's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (81.7%), 3005's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3005's dividends in 3 years are forecast to be covered by earnings (75.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Ming-Hang Hwang, also known as James, serves as the President of Getac Technology Corporation, an affiliate of MiTAC-SYNNEX Group since 1999. Mr. Hwang joined the MiTAC-Synnex Group in 1986, where he w...
Experienced Management: 3005's management team is seasoned and experienced (11.9 years average tenure).
Experienced Board: 3005's board of directors are considered experienced (4.8 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.
Getac Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: Getac Technology Corporation
- Ticker: 3005
- Exchange: TSEC
- Founded: 1989
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: NT$33.873b
- Shares outstanding: 589.25m
- Website: https://www.getacgroup.com
- Getac Technology Corporation
- No. 209, Building A
- 5th Floor
Getac Technology Corporation, together with its subsidiaries, engages in the research, development, manufacture, and sale of various information products in China, the United States, Europe, and internatio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 08:57|
|End of Day Share Price||2021/04/16 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.