Tripod Technology Corporation processes, manufactures and sells printed circuit boards (PCBs) boards and other related components in Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, and internationally. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has Tripod Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3044 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 3044's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3044 underperformed the TW Electronic industry which returned 59.9% over the past year.
Return vs Market: 3044 underperformed the TW Market which returned 63.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tripod Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
22 hours ago | Simply Wall StTripod Technology (TPE:3044) Has Gifted Shareholders With A Fantastic 195% Total Return On Their Investment
2 weeks ago | Simply Wall StWe Like These Underlying Return On Capital Trends At Tripod Technology (TPE:3044)
1 month ago | Simply Wall StIs Tripod Technology Corporation (TPE:3044) Worth NT$138 Based On Its Intrinsic Value?
Is Tripod Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3044 (NT$137) is trading above our estimate of fair value (NT$102.02)
Significantly Below Fair Value: 3044 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3044 is good value based on its PE Ratio (11.8x) compared to the TW Electronic industry average (20.1x).
PE vs Market: 3044 is good value based on its PE Ratio (11.8x) compared to the TW market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: 3044 is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: 3044 is overvalued based on its PB Ratio (2x) compared to the TW Electronic industry average (1.8x).
How is Tripod Technology forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3044's forecast earnings growth (5.3% per year) is above the savings rate (0.8%).
Earnings vs Market: 3044's earnings (5.3% per year) are forecast to grow slower than the TW market (16.1% per year).
High Growth Earnings: 3044's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3044's revenue (6.2% per year) is forecast to grow slower than the TW market (10.1% per year).
High Growth Revenue: 3044's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3044's Return on Equity is forecast to be low in 3 years time (16.8%).
How has Tripod Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3044 has high quality earnings.
Growing Profit Margin: 3044's current net profit margins (11%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: 3044's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: 3044's earnings growth over the past year (1.5%) is below its 5-year average (15.3% per year).
Earnings vs Industry: 3044 earnings growth over the past year (1.5%) underperformed the Electronic industry 19.6%.
Return on Equity
High ROE: 3044's Return on Equity (17%) is considered low.
How is Tripod Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3044's short term assets (NT$52.8B) exceed its short term liabilities (NT$36.0B).
Long Term Liabilities: 3044's short term assets (NT$52.8B) exceed its long term liabilities (NT$3.2B).
Debt to Equity History and Analysis
Debt Level: 3044's debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: 3044's debt to equity ratio has reduced from 59.4% to 38.7% over the past 5 years.
Debt Coverage: 3044's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 3044 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tripod Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3044's dividend (5.29%) is higher than the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 3044's dividend (5.29%) is in the top 25% of dividend payers in the TW market (4.78%)
Stability and Growth of Payments
Stable Dividend: 3044's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3044's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.2%), 3044's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3044's dividends in 3 years are forecast to be covered by earnings (69.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jing Chun Wang, also known as Jimmy, has been the Chairman and President at Tripod Technology Corporation since June 21, 2012 and September 30, 2015 respectively. Mr. Wang serves as Chief Executive Off...
Experienced Management: 3044's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: 3044's board of directors are considered experienced (8.8 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.
Tripod Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: Tripod Technology Corporation
- Ticker: 3044
- Exchange: TSEC
- Founded: 1991
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$73.322b
- Shares outstanding: 525.61m
- Website: https://www.tripod-tech.com
- Tripod Technology Corporation
- No. 21, Gongye 5th Road
- Pingjhen Industrial Park
- Taoyuan City
Tripod Technology Corporation processes, manufactures and sells printed circuit boards (PCBs) boards and other related components in Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, and internation...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 08:32|
|End of Day Share Price||2021/04/14 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.