Deswell Industries, Inc. manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Deswell Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DSWL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DSWL's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DSWL underperformed the US Electronic industry which returned 21.1% over the past year.
Return vs Market: DSWL underperformed the US Market which returned 21% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Deswell Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StInterested In Deswell Industries' (NASDAQ:DSWL) Upcoming US$0.09 Dividend? You Have Four Days Left
3 weeks ago | Simply Wall StHave Insiders Been Buying Deswell Industries, Inc. (NASDAQ:DSWL) Shares?
1 month ago | Simply Wall StDoes Deswell Industries (NASDAQ:DSWL) Have The Makings Of A Multi-Bagger?
Is Deswell Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DSWL ($2.96) is trading below our estimate of fair value ($55.19)
Significantly Below Fair Value: DSWL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DSWL is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: DSWL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DSWL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DSWL is good value based on its PB Ratio (0.6x) compared to the US Electronic industry average (2.3x).
How is Deswell Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Deswell Industries 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.
How has Deswell Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DSWL is currently unprofitable.
Growing Profit Margin: DSWL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DSWL is unprofitable, but has reduced losses over the past 5 years at a rate of 27.4% per year.
Accelerating Growth: Unable to compare DSWL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DSWL is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-14.1%).
Return on Equity
High ROE: DSWL has a negative Return on Equity (-1.29%), as it is currently unprofitable.
How is Deswell Industries's financial position?
Financial Position Analysis
Short Term Liabilities: DSWL's short term assets ($72.1M) exceed its short term liabilities ($18.6M).
Long Term Liabilities: DSWL's short term assets ($72.1M) exceed its long term liabilities ($832.0K).
Debt to Equity History and Analysis
Debt Level: DSWL is debt free.
Reducing Debt: DSWL has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DSWL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DSWL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.2% per year.
What is Deswell Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DSWL's dividend (6.08%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: DSWL's dividend (6.08%) is in the top 25% of dividend payers in the US market (4.18%)
Stability and Growth of Payments
Stable Dividend: DSWL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DSWL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: DSWL is paying a dividend but the company is unprofitable.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Edward So (47 yo)
Mr. Kin Chung So, also known as Edward has been the Chief Executive Officer at Deswell Industries, Inc. since December 2, 2013. Mr. So has been in the electronic manufacturing industry internationally and...
|Executive Director of Manufacturing & Administration for Plastic Operations and Director||33.83yrs||no data||8.96% |
|Independent Non-Executive Director||20.92yrs||no data||no data|
|Independent Non-Executive Director||17.25yrs||no data||no data|
|Chairman of the Board||33.83yrs||no data||56.3% |
|Independent Non-Executive Director||16.08yrs||no data||no data|
Experienced Board: DSWL's board of directors are seasoned and experienced ( 20.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DSWL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Deswell Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Deswell Industries, Inc.
- Ticker: DSWL
- Exchange: NasdaqGM
- Founded: 1987
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$46.950m
- Shares outstanding: 15.92m
- Website: https://www.deswell.com
Number of Employees
- Deswell Industries, Inc.
- 10B Edif. Associacao Industrial De Macau
- No. 32-36 Rua do Comandante Mata e Olive
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DSWL||NasdaqGM (Nasdaq Global Market)||Yes||Common Shares||US||USD||Jul 1995|
|DW2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 1995|
Deswell Industries, Inc. manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufactu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/01 23:12|
|End of Day Share Price||2020/12/01 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.