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Getac Technology

Market Cap

NT$33.9b

Last Updated

2021/04/17 08:57 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Solid track record with excellent balance sheet and pays a dividend.


Similar Companies

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.


Market Performance


7 Day Return

-1.0%

3005

1.2%

TW Tech

1.4%

TW Market


1 Year Return

31.3%

3005

43.5%

TW Tech

62.2%

TW Market

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.


Shareholder returns

3005IndustryMarket
7 Day-1.0%1.2%1.4%
30 Day-7.8%7.9%5.8%
90 Day20.1%13.4%10.5%
1 Year38.7%31.3%50.0%43.5%67.8%62.2%
3 Year66.7%31.0%55.5%34.4%77.2%56.9%
5 Year297.4%166.8%88.7%48.7%141.8%98.7%

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

Valuation

Is Getac Technology undervalued compared to its fair value and its price relative to the market?

0.3%

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).


Future Growth

How is Getac Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

12.8%

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%).


Past Performance

How has Getac Technology performed over the past 5 years?

9.6%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Getac Technology current dividend yield, its reliability and sustainability?

6.22%

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).


Next Steps

Management

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

11.9yrs

Average management tenure


CEO

James Hwang

21yrs

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...


Leadership Team

Experienced Management: 3005's management team is seasoned and experienced (11.9 years average tenure).


Board Members

Experienced Board: 3005's board of directors are considered experienced (4.8 years average tenure).


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

Getac Technology Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Getac Technology Corporation
  • No. 209, Building A
  • 5th Floor
  • Taipei
  • 11568
  • Taiwan

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 08:57
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.