Fortune Electric Co., Ltd. Logo

Fortune Electric Co., Ltd.

1519.TW

(3.0)
Stock Price

622,00 TWD

14.02% ROA

54.52% ROE

49.81x PER

Market Cap.

96.591.830.000,00 TWD

40.53% DER

0.68% Yield

18.54% NPM

Fortune Electric Co., Ltd. Stock Analysis

Fortune Electric Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Fortune Electric Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (34.63%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 DER

The stock maintains a fair debt to equity ratio (53%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (3.244), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 PBV

The stock's elevated P/BV ratio (16.78x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Fortune Electric Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Fortune Electric Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Fortune Electric Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Fortune Electric Co., Ltd. Revenue
Year Revenue Growth
2009 6.763.725.000
2010 5.720.956.000 -18.23%
2011 4.943.224.000 -15.73%
2012 4.522.386.000 -9.31%
2013 4.450.349.000 -1.62%
2014 5.123.371.000 13.14%
2015 5.715.358.000 10.36%
2016 5.726.260.000 0.19%
2017 5.869.690.000 2.44%
2018 5.996.563.000 2.12%
2019 7.176.598.000 16.44%
2020 8.471.592.000 15.29%
2021 9.020.094.000 6.08%
2022 7.750.727.000 -16.38%
2023 14.577.868.000 46.83%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Fortune Electric Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2009 69.665.000
2010 79.597.000 12.48%
2011 92.663.000 14.1%
2012 89.103.000 -4%
2013 90.161.000 1.17%
2014 90.505.000 0.38%
2015 109.179.000 17.1%
2016 102.756.000 -6.25%
2017 101.287.000 -1.45%
2018 97.517.000 -3.87%
2019 146.657.000 33.51%
2020 127.381.000 -15.13%
2021 127.873.000 0.38%
2022 148.317.000 13.78%
2023 226.268.000 34.45%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Fortune Electric Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 135.031.000
2010 115.739.000 -16.67%
2011 109.569.000 -5.63%
2012 98.562.000 -11.17%
2013 101.877.000 3.25%
2014 117.869.000 13.57%
2015 126.672.000 6.95%
2016 137.762.000 8.05%
2017 115.298.000 -19.48%
2018 127.444.000 9.53%
2019 173.924.000 26.72%
2020 179.979.000 3.36%
2021 223.058.000 19.31%
2022 267.379.000 16.58%
2023 598.672.000 55.34%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Fortune Electric Co., Ltd. EBITDA
Year EBITDA Growth
2009 617.909.000
2010 447.812.000 -37.98%
2011 225.210.000 -98.84%
2012 198.162.000 -13.65%
2013 247.921.000 20.07%
2014 433.160.000 42.76%
2015 414.745.000 -4.44%
2016 416.020.000 0.31%
2017 241.173.000 -72.5%
2018 195.597.000 -23.3%
2019 445.692.000 56.11%
2020 705.802.000 36.85%
2021 545.165.000 -29.47%
2022 1.122.862.000 51.45%
2023 3.726.388.000 69.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Fortune Electric Co., Ltd. Gross Profit
Year Gross Profit Growth
2009 1.372.516.000
2010 996.622.000 -37.72%
2011 601.127.000 -65.79%
2012 712.179.000 15.59%
2013 699.703.000 -1.78%
2014 978.729.000 28.51%
2015 1.021.324.000 4.17%
2016 1.016.618.000 -0.46%
2017 738.536.000 -37.65%
2018 624.248.000 -18.31%
2019 1.126.700.000 44.6%
2020 1.354.050.000 16.79%
2021 1.406.906.000 3.76%
2022 1.587.608.000 11.38%
2023 4.793.092.000 66.88%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Fortune Electric Co., Ltd. Net Profit
Year Net Profit Growth
2009 423.905.000
2010 273.372.000 -55.07%
2011 111.476.000 -145.23%
2012 69.197.000 -61.1%
2013 114.480.000 39.56%
2014 259.912.000 55.95%
2015 225.257.000 -15.38%
2016 250.555.000 10.1%
2017 92.764.000 -170.1%
2018 60.082.000 -54.4%
2019 410.652.000 85.37%
2020 457.514.000 10.24%
2021 289.883.000 -57.83%
2022 838.249.000 65.42%
2023 2.851.948.000 70.61%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Fortune Electric Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 2
2010 1 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 100%
2015 1 0%
2016 1 0%
2017 0 0%
2018 0 0%
2019 2 100%
2020 2 0%
2021 1 0%
2022 3 66.67%
2023 11 70%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Fortune Electric Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2009 1.578.224.000
2010 18.562.000 -8402.45%
2011 -96.598.000 119.22%
2012 175.712.000 154.98%
2013 824.436.000 78.69%
2014 -68.094.000 1310.73%
2015 -619.670.000 89.01%
2016 429.256.000 244.36%
2017 -396.364.000 208.3%
2018 583.199.000 167.96%
2019 636.937.000 8.44%
2020 124.248.000 -412.63%
2021 -581.232.000 121.38%
2022 663.043.000 187.66%
2023 1.390.094.000 52.3%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Fortune Electric Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2009 1.617.587.000
2010 92.540.000 -1647.99%
2011 81.716.000 -13.25%
2012 190.346.000 57.07%
2013 856.416.000 77.77%
2014 -8.999.000 9616.79%
2015 -539.154.000 98.33%
2016 508.778.000 205.97%
2017 -349.821.000 245.44%
2018 630.108.000 155.52%
2019 696.024.000 9.47%
2020 216.077.000 -222.12%
2021 -437.954.000 149.34%
2022 837.816.000 152.27%
2023 1.444.101.000 41.98%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Fortune Electric Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2009 39.363.000
2010 73.978.000 46.79%
2011 178.314.000 58.51%
2012 14.634.000 -1118.49%
2013 31.980.000 54.24%
2014 59.095.000 45.88%
2015 80.516.000 26.6%
2016 79.522.000 -1.25%
2017 46.543.000 -70.86%
2018 46.909.000 0.78%
2019 59.087.000 20.61%
2020 91.829.000 35.66%
2021 143.278.000 35.91%
2022 174.773.000 18.02%
2023 54.007.000 -223.61%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Fortune Electric Co., Ltd. Equity
Year Equity Growth
2009 3.223.197.000
2010 3.205.041.000 -0.57%
2011 3.046.119.000 -5.22%
2012 2.952.639.000 -3.17%
2013 2.970.807.000 0.61%
2014 3.145.311.000 5.55%
2015 3.153.221.000 0.25%
2016 3.252.312.000 3.05%
2017 3.113.710.000 -4.45%
2018 3.063.196.000 -1.65%
2019 3.378.905.000 9.34%
2020 3.547.016.000 4.74%
2021 3.519.737.000 -0.78%
2022 4.265.273.000 17.48%
2023 5.044.122.000 15.44%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Fortune Electric Co., Ltd. Assets
Year Assets Growth
2009 5.771.336.000
2010 5.931.521.000 2.7%
2011 6.018.959.000 1.45%
2012 5.578.303.000 -7.9%
2013 5.597.876.000 0.35%
2014 6.681.463.000 16.22%
2015 7.820.471.000 14.56%
2016 6.957.979.000 -12.4%
2017 7.068.755.000 1.57%
2018 6.826.858.000 -3.54%
2019 8.586.631.000 20.49%
2020 8.692.352.000 1.22%
2021 9.922.390.000 12.4%
2022 11.700.438.000 15.2%
2023 13.897.539.000 15.81%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Fortune Electric Co., Ltd. Liabilities
Year Liabilities Growth
2009 2.548.139.000
2010 2.726.480.000 6.54%
2011 2.972.840.000 8.29%
2012 2.625.664.000 -13.22%
2013 2.621.825.000 -0.15%
2014 3.529.975.000 25.73%
2015 4.661.277.000 24.27%
2016 3.702.842.000 -25.88%
2017 3.953.704.000 6.34%
2018 3.763.662.000 -5.05%
2019 5.207.726.000 27.73%
2020 5.145.336.000 -1.21%
2021 6.402.653.000 19.64%
2022 7.435.165.000 13.89%
2023 8.853.417.000 16.02%

Fortune Electric Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
41.94
Net Income per Share
7.43
Price to Earning Ratio
49.81x
Price To Sales Ratio
8.82x
POCF Ratio
46.57
PFCF Ratio
51.03
Price to Book Ratio
19.59
EV to Sales
8.9
EV Over EBITDA
39.05
EV to Operating CashFlow
46.98
EV to FreeCashFlow
51.49
Earnings Yield
0.02
FreeCashFlow Yield
0.02
Market Cap
96,59 Bil.
Enterprise Value
97,48 Bil.
Graham Number
56.18
Graham NetNet
-6.3

Income Statement Metrics

Net Income per Share
7.43
Income Quality
0.9
ROE
0.46
Return On Assets
0.17
Return On Capital Employed
0.47
Net Income per EBT
0.84
EBT Per Ebit
1.01
Ebit per Revenue
0.22
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.31
Operating Profit Margin
0.22
Pretax Profit Margin
0.22
Net Profit Margin
0.19

Dividends

Dividend Yield
0.01
Dividend Yield %
0.68
Payout Ratio
0
Dividend Per Share
2.5

Operating Metrics

Operating Cashflow per Share
7.94
Free CashFlow per Share
7.25
Capex to Operating CashFlow
-0.09
Capex to Revenue
-0.02
Capex to Depreciation
-1.1
Return on Invested Capital
0.28
Return on Tangible Assets
0.14
Days Sales Outstanding
133.65
Days Payables Outstanding
135.17
Days of Inventory on Hand
261.23
Receivables Turnover
2.73
Payables Turnover
2.7
Inventory Turnover
1.4
Capex per Share
-0.7

Balance Sheet

Cash per Share
5,17
Book Value per Share
18,89
Tangible Book Value per Share
19.31
Shareholders Equity per Share
18.89
Interest Debt per Share
7.88
Debt to Equity
0.41
Debt to Assets
0.14
Net Debt to EBITDA
0.35
Current Ratio
1.48
Tangible Asset Value
4,98 Bil.
Net Current Asset Value
2,43 Bil.
Invested Capital
0.41
Working Capital
3,66 Bil.
Intangibles to Total Assets
0
Average Receivables
3,81 Bil.
Average Payables
2,67 Bil.
Average Inventory
5457645500
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Fortune Electric Co., Ltd. Dividends
Year Dividends Growth
2001 0
2002 1 0%
2003 0 0%
2004 0 0%
2006 0 0%
2007 1 100%
2008 2 0%
2009 1 0%
2010 1 0%
2011 1 100%
2012 1 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 1 100%
2021 1 0%
2022 1 0%
2023 3 50%

Fortune Electric Co., Ltd. Profile

About Fortune Electric Co., Ltd.

Fortune Electric Co., Ltd. manufactures, processes, and trades in power transformers, switchboards, high and low voltage switches, and substation equipment in Taiwan. It offers power, distribution, cast resin, and amorphous metal core transformers; and metal-clad switchgears, gas insulated switches, switchgear panels, motor control centers, gas insulated switches, and transmission and distribution apparatus. The company was incorporated in 1969 and is headquartered in Taoyuan City, Taiwan.

CEO
Mr. I-Sheng Hsu
Employee
623
Address
No. 10, Jill Road
Taoyuan City, 32063

Fortune Electric Co., Ltd. Executives & BODs

Fortune Electric Co., Ltd. Executives & BODs
# Name Age
1 Mr. Meng-Yueh Chen
Head of Domestic Business Division
70
2 Mr. I-Yang Hsu
Head of Management, Head of Corporate Governance & Finance Division and Finance Manager
70
3 Mr. Fu-Chen Ku
Head of Electrical Engineering Division
70
4 Ms. Hsu-Lan Chiu
Account Head, Accounting Supervisor & Accounting Manager
70
5 Mr. I-Sheng Hsu
Chief Executive Officer & Director
70
6 Mr. H. L. Hsu
Founder
70
7 Mr. Hsiao-Li Lee
Head of Technology Division
70
8 Mr. Cheng-Chin Lin
Head of Information Center Division
70
9 Mr. I-Te Hsu
GM & Director
70
10 Mr. Shih-Ming Sun
Head of Procurement Division
70

Fortune Electric Co., Ltd. Competitors