Mayer Steel Pipe Corporation Logo

Mayer Steel Pipe Corporation

2020.TW

(2.2)
Stock Price

28,40 TWD

15.89% ROA

32.56% ROE

6.05x PER

Market Cap.

7.957.523.800,00 TWD

49.09% DER

5.59% Yield

21.51% NPM

Mayer Steel Pipe Corporation Stock Analysis

Mayer Steel Pipe Corporation 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.

Mayer Steel Pipe Corporation Fundamental Stock Analysis
# Analysis Rating
1 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 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.

3 ROE

ROE in an average range (10.98%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (4.79%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (2.03x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 DER

The stock maintains a fair debt to equity ratio (93%), indicating a reasonable balance between the money it owes and the ownership it possesses.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (840), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Mayer Steel Pipe Corporation 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.

Mayer Steel Pipe Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Mayer Steel Pipe Corporation 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.

Mayer Steel Pipe Corporation Revenue
Year Revenue Growth
2009 6.940.635.000
2010 9.882.905.000 29.77%
2011 7.582.996.000 -30.33%
2012 5.708.480.000 -32.84%
2013 5.331.072.000 -7.08%
2014 5.678.691.000 6.12%
2015 4.436.044.000 -28.01%
2016 4.485.122.000 1.09%
2017 4.867.221.000 7.85%
2018 4.735.676.000 -2.78%
2019 4.483.371.000 -5.63%
2020 5.073.767.000 11.64%
2021 6.558.618.000 22.64%
2022 6.624.345.000 0.99%
2023 7.276.848.000 8.97%
2023 7.009.437.000 -3.82%
2024 5.677.688.000 -23.46%

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.

Mayer Steel Pipe Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2009 13.971.000
2010 18.992.000 26.44%
2011 35.245.000 46.11%
2012 27.069.000 -30.2%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

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.

Mayer Steel Pipe Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 383.187.000
2010 373.578.000 -2.57%
2011 461.198.000 19%
2012 217.688.000 -111.86%
2013 176.370.000 -23.43%
2014 190.594.000 7.46%
2015 328.716.000 42.02%
2016 183.899.000 -78.75%
2017 246.289.000 25.33%
2018 150.217.000 -63.96%
2019 148.320.000 -1.28%
2020 154.510.000 4.01%
2021 201.710.000 23.4%
2022 157.677.000 -27.93%
2023 214.980.000 26.66%
2023 210.988.000 -1.89%
2024 209.068.000 -0.92%

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.

Mayer Steel Pipe Corporation EBITDA
Year EBITDA Growth
2009 434.857.000
2010 699.009.000 37.79%
2011 -341.509.000 304.68%
2012 307.091.000 211.21%
2013 391.271.000 21.51%
2014 468.071.000 16.41%
2015 -313.149.000 249.47%
2016 654.461.000 147.85%
2017 620.475.000 -5.48%
2018 459.490.000 -35.04%
2019 628.013.000 26.83%
2020 620.843.000 -1.15%
2021 1.138.037.000 45.45%
2022 490.480.000 -132.03%
2023 1.808.392.000 72.88%
2023 1.513.803.000 -19.46%
2024 763.048.000 -98.39%

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.

Mayer Steel Pipe Corporation Gross Profit
Year Gross Profit Growth
2009 603.589.000
2010 928.221.000 34.97%
2011 452.314.000 -105.22%
2012 462.839.000 2.27%
2013 536.665.000 13.76%
2014 648.917.000 17.3%
2015 458.822.000 -41.43%
2016 769.457.000 40.37%
2017 732.091.000 -5.1%
2018 425.407.000 -72.09%
2019 481.246.000 11.6%
2020 490.568.000 1.9%
2021 857.717.000 42.81%
2022 424.417.000 -102.09%
2023 733.548.000 42.14%
2023 837.127.000 12.37%
2024 894.000.000 6.36%

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.

Mayer Steel Pipe Corporation Net Profit
Year Net Profit Growth
2009 169.429.000
2010 496.364.000 65.87%
2011 -398.830.000 224.46%
2012 109.358.000 464.7%
2013 178.012.000 38.57%
2014 239.729.000 25.74%
2015 -370.435.000 164.72%
2016 391.847.000 194.54%
2017 340.945.000 -14.93%
2018 300.590.000 -13.43%
2019 436.706.000 31.17%
2020 392.624.000 -11.23%
2021 782.909.000 49.85%
2022 266.632.000 -193.63%
2023 1.286.252.000 79.27%
2023 1.067.784.000 -20.46%
2024 740.448.000 -44.21%

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.

Mayer Steel Pipe Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 1
2010 2 100%
2011 -1 200%
2012 1 0%
2013 1 0%
2014 1 0%
2015 -2 100%
2016 2 200%
2017 1 0%
2018 1 0%
2019 2 0%
2020 2 0%
2021 4 66.67%
2022 1 -200%
2023 6 80%
2023 5 -25%
2024 3 -100%

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.

Mayer Steel Pipe Corporation Free Cashflow
Year Free Cashflow Growth
2009 101.960.000
2010 1.068.304.000 90.46%
2011 1.292.266.000 17.33%
2012 645.761.000 -100.12%
2013 489.771.000 -31.85%
2014 224.663.000 -118%
2015 -63.772.000 452.29%
2016 463.935.000 113.75%
2017 178.590.000 -159.78%
2018 325.143.000 45.07%
2019 390.551.000 16.75%
2020 -90.739.000 530.41%
2021 80.253.000 213.07%
2022 1.041.127.000 92.29%
2023 441.596.000 -135.76%
2023 1.375.690.000 67.9%
2024 -203.613.000 775.64%

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.

Mayer Steel Pipe Corporation Operating Cashflow
Year Operating Cashflow Growth
2009 1.194.068.000
2010 289.574.000 -312.35%
2011 1.347.262.000 78.51%
2012 702.735.000 -91.72%
2013 525.394.000 -33.75%
2014 261.523.000 -100.9%
2015 -19.451.000 1444.52%
2016 555.668.000 103.5%
2017 212.622.000 -161.34%
2018 375.842.000 43.43%
2019 617.277.000 39.11%
2020 -47.906.000 1388.52%
2021 175.872.000 127.24%
2022 1.135.420.000 84.51%
2023 456.873.000 -148.52%
2023 1.500.100.000 69.54%
2024 -188.939.000 893.96%

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.

Mayer Steel Pipe Corporation Capital Expenditure
Year Capital Expenditure Growth
2009 1.092.108.000
2010 -778.730.000 240.24%
2011 54.996.000 1515.98%
2012 56.974.000 3.47%
2013 35.623.000 -59.94%
2014 36.860.000 3.36%
2015 44.321.000 16.83%
2016 91.733.000 51.68%
2017 34.032.000 -169.55%
2018 50.699.000 32.87%
2019 226.726.000 77.64%
2020 42.833.000 -429.33%
2021 95.619.000 55.2%
2022 94.293.000 -1.41%
2023 15.277.000 -517.22%
2023 124.410.000 87.72%
2024 14.674.000 -747.83%

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.

Mayer Steel Pipe Corporation Equity
Year Equity Growth
2009 4.725.954.000
2010 5.394.849.000 12.4%
2011 4.070.906.000 -32.52%
2012 3.764.766.000 -8.13%
2013 3.855.764.000 2.36%
2014 3.975.189.000 3%
2015 2.921.556.000 -36.06%
2016 3.221.615.000 9.31%
2017 3.345.494.000 3.7%
2018 3.013.900.000 -11%
2019 3.131.106.000 3.74%
2020 3.144.355.000 0.42%
2021 3.624.289.000 13.24%
2022 3.206.566.000 -13.03%
2023 3.638.976.000 11.88%
2023 4.072.363.000 10.64%
2024 4.377.558.000 6.97%

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.

Mayer Steel Pipe Corporation Assets
Year Assets Growth
2009 9.319.038.000
2010 9.010.082.000 -3.43%
2011 7.744.866.000 -16.34%
2012 6.915.534.000 -11.99%
2013 6.327.342.000 -9.3%
2014 6.686.228.000 5.37%
2015 5.561.964.000 -20.21%
2016 5.979.318.000 6.98%
2017 5.998.254.000 0.32%
2018 5.725.863.000 -4.76%
2019 6.302.854.000 9.15%
2020 6.777.379.000 7%
2021 8.131.835.000 16.66%
2022 7.386.069.000 -10.1%
2023 7.239.452.000 -2.03%
2023 7.480.099.000 3.22%
2024 8.283.174.000 9.7%

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.

Mayer Steel Pipe Corporation Liabilities
Year Liabilities Growth
2009 4.593.084.000
2010 3.615.233.000 -27.05%
2011 3.673.960.000 1.6%
2012 3.150.768.000 -16.61%
2013 2.471.578.000 -27.48%
2014 2.711.039.000 8.83%
2015 2.640.408.000 -2.68%
2016 2.757.703.000 4.25%
2017 2.652.760.000 -3.96%
2018 2.711.963.000 2.18%
2019 3.171.748.000 14.5%
2020 3.633.024.000 12.7%
2021 4.507.546.000 19.4%
2022 4.179.503.000 -7.85%
2023 3.600.476.000 -16.08%
2023 3.407.736.000 -5.66%
2024 3.905.616.000 12.75%

Mayer Steel Pipe Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
22.9
Net Income per Share
4.93
Price to Earning Ratio
6.05x
Price To Sales Ratio
1.3x
POCF Ratio
14.21
PFCF Ratio
17.79
Price to Book Ratio
1.82
EV to Sales
1.6
EV Over EBITDA
7.05
EV to Operating CashFlow
17.46
EV to FreeCashFlow
21.86
Earnings Yield
0.17
FreeCashFlow Yield
0.06
Market Cap
7,96 Bil.
Enterprise Value
9,78 Bil.
Graham Number
42.59
Graham NetNet
-1.62

Income Statement Metrics

Net Income per Share
4.93
Income Quality
0.37
ROE
0.33
Return On Assets
0.16
Return On Capital Employed
0.15
Net Income per EBT
0.82
EBT Per Ebit
2.02
Ebit per Revenue
0.13
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.13
Operating Profit Margin
0.13
Pretax Profit Margin
0.26
Net Profit Margin
0.22

Dividends

Dividend Yield
0.06
Dividend Yield %
5.59
Payout Ratio
0.17
Dividend Per Share
1.67

Operating Metrics

Operating Cashflow per Share
2.1
Free CashFlow per Share
1.68
Capex to Operating CashFlow
0.2
Capex to Revenue
0.02
Capex to Depreciation
0.78
Return on Invested Capital
0.1
Return on Tangible Assets
0.16
Days Sales Outstanding
40.47
Days Payables Outstanding
6.62
Days of Inventory on Hand
193.88
Receivables Turnover
9.02
Payables Turnover
55.17
Inventory Turnover
1.88
Capex per Share
0.42

Balance Sheet

Cash per Share
5,83
Book Value per Share
16,39
Tangible Book Value per Share
16.38
Shareholders Equity per Share
16.37
Interest Debt per Share
8.22
Debt to Equity
0.49
Debt to Assets
0.26
Net Debt to EBITDA
1.31
Current Ratio
1.67
Tangible Asset Value
4,38 Bil.
Net Current Asset Value
1,23 Bil.
Invested Capital
3633224000
Working Capital
2,06 Bil.
Intangibles to Total Assets
0
Average Receivables
0,65 Bil.
Average Payables
0,11 Bil.
Average Inventory
2764527500
Debt to Market Cap
0.27

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.

Mayer Steel Pipe Corporation Dividends
Year Dividends Growth
2002 0
2003 2 100%
2004 1 0%
2005 2 50%
2006 0 0%
2007 2 100%
2008 2 0%
2010 0 0%
2011 1 0%
2013 0 0%
2014 1 0%
2015 1 0%
2017 1 0%
2018 1 100%
2019 1 0%
2020 2 0%
2021 2 0%
2022 3 66.67%
2023 1 -200%
2024 2 50%

Mayer Steel Pipe Corporation Profile

About Mayer Steel Pipe Corporation

Mayer Steel Pipe Corporation manufactures steel pipes and tubular products in Taiwan. It offers welded steel pipes for low pressure use; rigid steel conduits; carbon steel tubes for machine structural purposes; electric resistance welded carbon steel tubes for automobile structural purposes; and carbon steel square pipes for general structural purposes. The company also provides stainless steel pipes, such as boiler and heat exchanger tubes; stainless steel tubes for mechanical and structural purposes, and automobile exhaust; light gauge stainless steel pipes for ordinary piping; and general service tubes. In addition, it offers stainless steel plates and sheets; stainless steel surface processing and cutting services; and stainless steel paste protective films. Further, the company produces and markets various cast, polished, electroplated, and forged aluminum alloy automotive wheels in the United States, the European Union, Japan, and Southeast Asia. Its products are also used in air conditioning, fire protection, drainage, water supply, and electricity, as well as gas, structural, and hydraulic pipe applications. Mayer Steel Pipe Corporation was founded in 1959 and is headquartered in Taipei, Taiwan.

CEO
Mr. Chun-Fa Huang
Employee
0
Address
No. 2-1, Minchuan East Road
Taipei,

Mayer Steel Pipe Corporation Executives & BODs

Mayer Steel Pipe Corporation Executives & BODs
# Name Age
1 Mr. Chun-Fa Huang
Chief Executive Officer & Chairman
70
2 Mr. Yu-Chi Huang
Chief Financial Officer & Assistant Manager
70
3 Chen-Chang Huang
Vice President
70
4 Lung-Chi Wu
Vice President
70
5 Hui-Wen Li
Chief Accounting Officer
70
6 Mr. - Gaojiabu
Chief Auditor
70

Mayer Steel Pipe Corporation Competitors