company background image
8046

Nan Ya Printed Circuit Board TWSE:8046 Stock Report

Last Price

NT$284.50

Market Cap

NT$183.8b

7D

-10.0%

1Y

-27.6%

Updated

25 Jun, 2022

Data

Company Financials +
8046 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance6/6
Financial Health6/6
Dividends4/6

8046 Stock Overview

Nan Ya Printed Circuit Board Corporation manufactures and sells printed circuit boards (PCBs) and IC substrates in Taiwan, Mainland China, Korea, and internationally.

Nan Ya Printed Circuit Board Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nan Ya Printed Circuit Board
Historical stock prices
Current Share PriceNT$284.50
52 Week HighNT$631.00
52 Week LowNT$283.00
Beta1.25
1 Month Change-22.69%
3 Month Change-45.08%
1 Year Change-27.61%
3 Year Change623.00%
5 Year Change1,009.16%
Change since IPO2.95%

Recent News & Updates

Shareholder Returns

8046TW ElectronicTW Market
7D-10.0%-2.3%-2.2%
1Y-27.6%-13.8%-12.3%

Return vs Industry: 8046 underperformed the TW Electronic industry which returned -13.8% over the past year.

Return vs Market: 8046 underperformed the TW Market which returned -12.3% over the past year.

Price Volatility

Is 8046's price volatile compared to industry and market?
8046 volatility
8046 Average Weekly Movement6.9%
Electronic Industry Average Movement5.1%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.1%
10% least volatile stocks in TW Market2.2%

Stable Share Price: 8046 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 8046's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1997n/aAndy Tanghttps://www.nanyapcb.com.tw

Nan Ya Printed Circuit Board Corporation manufactures and sells printed circuit boards (PCBs) and IC substrates in Taiwan, Mainland China, Korea, and internationally. It offers conventional PCBs that are used in the motherboards of desktops and notebooks, and home electrical appliances; high density interconnection that are used in smartphones, game consoles, GPS, PDAs, automobile appliances, and MP3 players; and rigid-flex PCBs for use in high-end portable devices and notebooks. The company also provides flip chip substrates comprising pin/land grid arrays for microprocessors; and ball grid arrays for graphic microprocessors, northbridge chipsets, high-end ASIC chipsets, and set-top box chipsets.

Nan Ya Printed Circuit Board Fundamentals Summary

How do Nan Ya Printed Circuit Board's earnings and revenue compare to its market cap?
8046 fundamental statistics
Market CapNT$183.83b
Earnings (TTM)NT$12.88b
Revenue (TTM)NT$55.93b

14.3x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8046 income statement (TTM)
RevenueNT$55.93b
Cost of RevenueNT$37.86b
Gross ProfitNT$18.08b
Other ExpensesNT$5.19b
EarningsNT$12.88b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)19.93
Gross Margin32.32%
Net Profit Margin23.03%
Debt/Equity Ratio2.8%

How did 8046 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

50%

Payout Ratio

Does 8046 pay a reliable dividends?

See 8046 dividend history and benchmarks
When do you need to buy 8046 by to receive an upcoming dividend?
Nan Ya Printed Circuit Board dividend dates
Ex Dividend DateJun 29 2022
Dividend Pay DateAug 02 2022
Days until Ex dividend4 days
Days until Dividend pay date38 days

Does 8046 pay a reliable dividends?

See 8046 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 8046 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8046?

Other financial metrics that can be useful for relative valuation.

8046 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.1x
Enterprise Value/EBITDA8.8x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does 8046's PE Ratio compare to its peers?

8046 PE Ratio vs Peers
The above table shows the PE ratio for 8046 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.3x

Price-To-Earnings vs Peers: 8046 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (16.3x).


Price to Earnings Ratio vs Industry

How does 8046's PE Ratio compare vs other companies in the Taiwanese Electronic Industry?

Price-To-Earnings vs Industry: 8046 is expensive based on its Price-To-Earnings Ratio (14.3x) compared to the TW Electronic industry average (12.7x)


Price to Earnings Ratio vs Fair Ratio

What is 8046's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8046 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ratio25.2x

Price-To-Earnings vs Fair Ratio: 8046 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the estimated Fair Price-To-Earnings Ratio (25.2x).


Share Price vs Fair Value

What is the Fair Price of 8046 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8046 (NT$284.5) is trading below our estimate of fair value (NT$1971.9)

Significantly Below Fair Value: 8046 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 8046 is good value based on its PEG Ratio (0.5x)


Discover undervalued companies

Future Growth

How is Nan Ya Printed Circuit Board forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


31.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8046's forecast earnings growth (31.1% per year) is above the savings rate (0.7%).

Earnings vs Market: 8046's earnings (31.1% per year) are forecast to grow faster than the TW market (7.2% per year).

High Growth Earnings: 8046's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8046's revenue (18.3% per year) is forecast to grow faster than the TW market (7.5% per year).

High Growth Revenue: 8046's revenue (18.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8046's Return on Equity is forecast to be high in 3 years time (38.8%)


Discover growth companies

Past Performance

How has Nan Ya Printed Circuit Board performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


80.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8046 has high quality earnings.

Growing Profit Margin: 8046's current net profit margins (23%) are higher than last year (11.5%).


Past Earnings Growth Analysis

Earnings Trend: 8046 has become profitable over the past 5 years, growing earnings by 80.7% per year.

Accelerating Growth: 8046's earnings growth over the past year (169.2%) exceeds its 5-year average (80.7% per year).

Earnings vs Industry: 8046 earnings growth over the past year (169.2%) exceeded the Electronic industry 35.9%.


Return on Equity

High ROE: 8046's Return on Equity (28.7%) is considered high.


Discover strong past performing companies

Financial Health

How is Nan Ya Printed Circuit Board's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 8046's short term assets (NT$30.6B) exceed its short term liabilities (NT$10.3B).

Long Term Liabilities: 8046's short term assets (NT$30.6B) exceed its long term liabilities (NT$6.2B).


Debt to Equity History and Analysis

Debt Level: 8046 has more cash than its total debt.

Reducing Debt: 8046's debt to equity ratio has reduced from 7.2% to 2.8% over the past 5 years.

Debt Coverage: 8046's debt is well covered by operating cash flow (1598.3%).

Interest Coverage: 8046 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Nan Ya Printed Circuit Board current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.51%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 25 2022Ex Dividend DateJun 29 2022Dividend Pay DateAug 02 202234 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 8046's dividend (3.51%) is higher than the bottom 25% of dividend payers in the TW market (2.53%).

High Dividend: 8046's dividend (3.51%) is low compared to the top 25% of dividend payers in the TW market (6.35%).


Stability and Growth of Payments

Stable Dividend: 8046's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8046's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.2%), 8046's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (81.4%), 8046's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

11.0yrs

Average management tenure


CEO

Andy Tang

5.25yrs

Tenure

NT$6,214,000

Compensation

Mr. Ann-De Tang, also known as Andy, serves as President of Nan Ya Printed Circuit Board Corporation since March 24, 2017 and also serves as Director of Nan Ya Printed Circuit Board Corporation since June...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Andy's total compensation is reasonable compared to companies of similar size in the TW market.

Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 8046's management team is seasoned and experienced (11 years average tenure).


Board Members

Experienced Board: 8046's board of directors are seasoned and experienced ( 24.7 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

Nan Ya Printed Circuit Board Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Nan Ya Printed Circuit Board Corporation
  • Ticker: 8046
  • Exchange: TWSE
  • Founded: 1997
  • Industry: Electronic Components
  • Sector: Tech
  • Implied Market Cap: NT$183.834b
  • Shares outstanding: 646.17m
  • Website: https://www.nanyapcb.com.tw

Location

  • Nan Ya Printed Circuit Board Corporation
  • No.201-36, Dunhua North Road
  • 3rd Floor
  • Taipei
  • 105
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.