Executive Summary
Wiwynn Corporation researches, designs, develops, tests, and sells computing and storage products, and rack solutions for cloud infrastructures and data centers in Taiwan, the United States, Europe, Asia, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Wiwynn's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6669 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6669's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
5.6%
6669
1.2%
TW Tech
1.5%
TW Market
1 Year Return
33.3%
6669
43.5%
TW Tech
62.0%
TW Market
Return vs Industry: 6669 underperformed the TW Tech industry which returned 43.5% over the past year.
Return vs Market: 6669 underperformed the TW Market which returned 62% over the past year.
Shareholder returns
| 6669 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 1.2% | 1.5% |
| 30 Day | 4.0% | 4.9% | 6.8% |
| 90 Day | 8.2% | 14.1% | 10.7% |
| 1 Year | 37.1%33.3% | 50.0%43.5% | 67.5%62.0% |
| 3 Year | 337.3%302.8% | 55.5%34.4% | 76.4%56.2% |
| 5 Year | n/a | 88.7%48.7% | 140.5%97.6% |
Long-Term Price Volatility Vs. Market
How volatile is Wiwynn's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Wiwynn (TPE:6669) A Risky Investment?2 weeks ago | Simply Wall St
What Is The Ownership Structure Like For Wiwynn Corporation (TPE:6669)?1 month ago | Simply Wall St
Is Wiwynn Corporation (TPE:6669) A Smart Choice For Dividend Investors?Valuation
Is Wiwynn undervalued compared to its fair value and its price relative to the market?
17.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6669 (NT$868) is trading above our estimate of fair value (NT$510.51)
Significantly Below Fair Value: 6669 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6669 is good value based on its PE Ratio (17.6x) compared to the TW Tech industry average (18.8x).
PE vs Market: 6669 is good value based on its PE Ratio (17.6x) compared to the TW market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: 6669 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 6669 is overvalued based on its PB Ratio (6.2x) compared to the TW Tech industry average (1.9x).
Future Growth
How is Wiwynn forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
14.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6669's forecast earnings growth (14.9% per year) is above the savings rate (0.8%).
Earnings vs Market: 6669's earnings (14.9% per year) are forecast to grow slower than the TW market (16.3% per year).
High Growth Earnings: 6669's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6669's revenue (14.5% per year) is forecast to grow faster than the TW market (9.8% per year).
High Growth Revenue: 6669's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6669's Return on Equity is forecast to be high in 3 years time (39.2%)
Past Performance
How has Wiwynn performed over the past 5 years?
48.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6669 has high quality earnings.
Growing Profit Margin: 6669's current net profit margins (4.6%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 6669's earnings have grown significantly by 48.5% per year over the past 5 years.
Accelerating Growth: 6669's earnings growth over the past year (39.5%) is below its 5-year average (48.5% per year).
Earnings vs Industry: 6669 earnings growth over the past year (39.5%) exceeded the Tech industry 15.4%.
Return on Equity
High ROE: 6669's Return on Equity (35.1%) is considered high.
Financial Health
How is Wiwynn's financial position?
Financial Position Analysis
Short Term Liabilities: 6669's short term assets (NT$52.8B) exceed its short term liabilities (NT$24.8B).
Long Term Liabilities: 6669's short term assets (NT$52.8B) exceed its long term liabilities (NT$5.4B).
Debt to Equity History and Analysis
Debt Level: 6669's debt to equity ratio (42.2%) is considered high.
Reducing Debt: 6669's debt to equity ratio has increased from 23.3% to 42.2% over the past 5 years.
Debt Coverage: 6669's debt is well covered by operating cash flow (136.1%).
Interest Coverage: 6669's interest payments on its debt are well covered by EBIT (42.4x coverage).
Balance Sheet
Dividend
What is Wiwynn current dividend yield, its reliability and sustainability?
3.69%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6669's dividend (3.69%) is higher than the bottom 25% of dividend payers in the TW market (1.93%).
High Dividend: 6669's dividend (3.69%) is low compared to the top 25% of dividend payers in the TW market (4.77%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6669 has been paying a dividend for less than 10 years.
Growing Dividend: 6669's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65%), 6669's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6669's dividends in 3 years are forecast to be covered by earnings (65% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Emily Hong (62 yo)
0.67
Tenure
Ms. Emily Hong serves as Chief Executive Officer of Wiwynn Corporation since August 07, 2020 and served as its President until August 07, 2020. Ms. Hong serves as Vice Chairman of Wiwynn Corporation. Ms. H...
Leadership Team
Experienced Management: 6669's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
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
Wiwynn Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wiwynn Corporation
- Ticker: 6669
- Exchange: TSEC
- Founded: 2012
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: NT$153.510b
- Shares outstanding: 174.84m
- Website: https://www.wiwynn.com
Number of Employees
Location
- Wiwynn Corporation
- 90, Xintai 5th Road
- 8th Floor
- New Taipei City
- 22102
- Taiwan
Listings
Biography
Wiwynn Corporation researches, designs, develops, tests, and sells computing and storage products, and rack solutions for cloud infrastructures and data centers in Taiwan, the United States, Europe, Asia, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 08:47 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.