TSEC:6141

Stock Analysis Report

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Executive Summary

Plotech Co.,Ltd manufactures and sells printed circuit boards in Taiwan and China. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has PlotechLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6141 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6141's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-9.2%

6141

-1.6%

TW Electronic

-0.2%

TW Market


1 Year Return

34.5%

6141

16.1%

TW Electronic

28.6%

TW Market

Return vs Industry: 6141 exceeded the TW Electronic industry which returned 16.1% over the past year.

Return vs Market: 6141 exceeded the TW Market which returned 28.6% over the past year.


Shareholder returns

6141IndustryMarket
7 Day-9.2%-1.6%-0.2%
30 Day3.2%9.1%8.8%
90 Day5.5%21.8%20.6%
1 Year37.4%34.5%20.2%16.1%33.1%28.6%
3 Year63.9%56.1%31.4%15.8%55.3%37.8%
5 Year284.1%248.1%112.6%74.1%135.7%94.2%

Long-Term Price Volatility Vs. Market

How volatile is PlotechLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

6.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6141 (NT$28.65) is trading above our estimate of fair value (NT$4.88)

Significantly Below Fair Value: 6141 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6141 is good value based on its PE Ratio (6.3x) compared to the TW Electronic industry average (17.1x).

PE vs Market: 6141 is good value based on its PE Ratio (6.3x) compared to the TW market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6141's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6141 is overvalued based on its PB Ratio (1.7x) compared to the TW Electronic industry average (1.6x).


Next Steps

Future Growth

How is PlotechLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

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 PlotechLtd 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.


Next Steps

Past Performance

How has PlotechLtd performed over the past 5 years?

68.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6141 has a high level of non-cash earnings.

Growing Profit Margin: 6141's current net profit margins (19.3%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: 6141 has become profitable over the past 5 years, growing earnings by 68.3% per year.

Accelerating Growth: 6141's earnings growth over the past year (2021.7%) exceeds its 5-year average (68.3% per year).

Earnings vs Industry: 6141 earnings growth over the past year (2021.7%) exceeded the Electronic industry 5%.


Return on Equity

High ROE: 6141's Return on Equity (27.9%) is considered high.


Next Steps

Financial Health

How is PlotechLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 6141's short term assets (NT$2.2B) exceed its short term liabilities (NT$2.1B).

Long Term Liabilities: 6141's short term assets (NT$2.2B) exceed its long term liabilities (NT$67.9M).


Debt to Equity History and Analysis

Debt Level: 6141's debt to equity ratio (35.2%) is considered satisfactory.

Reducing Debt: 6141's debt to equity ratio has reduced from 73.2% to 35.2% over the past 5 years.

Debt Coverage: 6141's debt is well covered by operating cash flow (44.6%).

Interest Coverage: 6141's interest payments on its debt are well covered by EBIT (18.1x coverage).


Balance Sheet


Next Steps

Dividend

What is PlotechLtd current dividend yield, its reliability and sustainability?

1.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6141's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.13%).

High Dividend: 6141's dividend (1.4%) is low compared to the top 25% of dividend payers in the TW market (5.17%).


Stability and Growth of Payments

Stable Dividend: 6141's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6141's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.7%), 6141's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

PlotechLtd has no CEO, or we have no data on them.


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

Plotech Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Plotech Co.,Ltd
  • Ticker: 6141
  • Exchange: TSEC
  • Founded: 1990
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: NT$3.745b
  • Shares outstanding: 128.91m
  • Website: https://www.plotech.com

Location

  • Plotech Co.,Ltd
  • No.33, Ta Yeou Street
  • Keng Kou Tsun
  • Taoyuan City
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6141TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDSep 2000

Biography

Plotech Co.,Ltd manufactures and sells printed circuit boards in Taiwan and China. The company was founded in 1990 and is headquartered in Taoyuan City, Taiwan.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 08:36
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.