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About The Company

CEO

Mr. Canon Huang

Market Cap

23.54 Billion TWD

Sector

Technology

Website

https://www.cwei.com.tw

Description

Chang Wah Electromaterials Inc.

Read More

Overview

Value

80

Growth

70

Health

51

Management

58

Analyst Opinion

80

Total

68

All Scores Out Of 100

Best Features

  • Very strong cashflow and earnings growth
  • Earnings growth has improved recently
  • Has a low level of debt
  • Price-to-earnings ratio of 10.2 is lower than the market average (19.6x)
  • Has a margin-of-safety above fair value
  • Liked by analysts
  • Has strong dividend growth
  • Very safe dividend

Risk Factors

  • There is a history of diluting shareholders
  • Very undervalued

Market Peers

8070.TW

Key Figures

PE Ratio (TTM)

10.21

Margin Of Safety (DCF)

182.99%

Revenue Growth (5 Year Average)

11.69%

Ratings Consensus

Buy

Share Buybacks

-0.18%

Dividend Yeild (TTM)

5.74%

Valuation

Value Score

80

  • Price-to-earnings ratio of 10.2 is lower than the market average (19.6x)
  • Free-cashflow-yeild of 15.49% is better than the market average (4.7%)
  • Margin-of-safety of 182.99% is better than the market average (17.95%)
  • Estimated intrinsic-value of 100.18 TWD is higher than current price ( 34.70 TWD)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 76.3 TWD

Current Price: 35.4 TWD

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

10.21x

Free Cashflow Yeild

15.49%

PE/Earnings Growth

0.14

Price/Book

1.46x

Growth

Growth Score

70

  • 5 Year Average Revenue growth of 11.69% is higher than the market average (10.97%)
  • Revenue growth has improved this yeara
  • 5 Year Average Earnings growth of 21.03% is higher than the market average (14.48%)
  • Earnings growth has improved this year
  • 5 Year Average Cashflow growth of 23.39% is higher than the market average (12.35%)
  • Free Cashflow growth has improved this year

Revenue Growth

11.69%

Earnings Growth

21.03%

Cashflow Growth

23.39%

Health

Health Score

51

  • Assets cover liabilities
  • Normal operation does not require debt to be sustainable
  • Debt repayments do not significantly impact cashflow
  • Has a high level of debt

Altman Z Score

2.26

Piostroski Score

8.00

Debt/Equity

0.90x

Current Assets/Liabilities

1.77x

Free Cashflow/Total Debt

0.16x

Debt/Capital

0.67x

Dividend

Secure Dividend Score

72

  • Dividend yeild of 5.74% is more than the market average (1.85%)
  • Very safe
  • Dividends have shown growth over the last 5 years
  • Spending a lower percentage of their income on dividends than last 5 years
  • Long term dividend payout ratio of 70.58% is high and may limit growth
  • Payout ratio (TTM) of 58.07% is higher than the average (40%)
  • Dividend growth has been slowing recently

Dividend Yeild

5.74%

Dividend Growth

7.77%

Payout Ratio (Earnings)

58.07%

Payout Ratio (Cashflow)

37.06%

Management

Management Score

58

  • Has returned higher dividends when earnings have risen
  • Return-on-equity of 16.82% is higher than the market average (15%)
  • Return-on-capital-employed of 9.63% is lower than the market average (10%)
  • Has issued new shares whilst share price is low
  • Has a history of diluting shareholders to finance activity

Average Buybacks/Dilution

-0.18%

Recent Buybacks/Dilution

6.20%

5 Year Price Volitility

42.03%

Return On Assets

6.05%

Return On Capital Employed

9.63%

Return On Equity

16.82%

Return On Free Cashflow

178.66%

Return On Investments

16.19%

Analysts

Analyst Opinion

80

  • Ratings consensus is Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

Currency

TWD

Beta

Vol Avg

Ceo

Mr. Canon Huang

Cik

Cusip

Exchange

Taiwan

Full Time Employees

Industry

Electronics & Computer Distribution

Sector

Technology

Ipo Date

Address

No.16, East 7th Street

City

Kaohsiung

State

Country

Zip

811

Phone

886 7 362 2663

All financial data provided by FMP

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