Altek Corporation Logo

Altek Corporation

3059.TW

(1.2)
Stock Price

32,65 TWD

2.29% ROA

3.87% ROE

27.75x PER

Market Cap.

9.615.672.500,00 TWD

28.96% DER

2.01% Yield

4.36% NPM

Altek Corporation Stock Analysis

Altek 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.

Altek Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (39%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

The stock's ROE falls within an average range (4.54%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (2.5%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.16x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

6 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

7 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Graham Number

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

9 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.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-10.125) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Altek 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.

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

Altek 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.

Altek Corporation Revenue
Year Revenue Growth
2006 20.815.633.000
2007 24.196.366.000 13.97%
2008 28.068.036.000 13.79%
2009 25.331.900.000 -10.8%
2010 31.013.328.000 18.32%
2011 27.861.489.000 -11.31%
2012 24.575.459.000 -13.37%
2013 19.165.825.000 -28.23%
2014 15.431.081.000 -24.2%
2015 12.492.029.000 -23.53%
2016 11.577.046.000 -7.9%
2017 10.552.773.000 -9.71%
2018 11.193.569.000 5.72%
2019 6.189.352.000 -80.85%
2020 6.102.675.000 -1.42%
2021 9.085.774.000 32.83%
2022 14.028.161.000 35.23%
2023 9.181.156.000 -52.79%
2023 9.099.248.000 -0.9%
2024 6.817.784.000 -33.46%

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.

Altek Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 610.236.000
2007 695.985.000 12.32%
2008 1.077.993.000 35.44%
2009 1.231.904.000 12.49%
2010 1.173.119.000 -5.01%
2011 1.328.213.000 11.68%
2012 1.197.213.000 -10.94%
2013 908.046.000 -31.84%
2014 965.249.000 5.93%
2015 1.046.831.000 7.79%
2016 1.033.082.000 -1.33%
2017 874.826.000 -18.09%
2018 814.075.000 -7.46%
2019 787.765.000 -3.34%
2020 1.058.505.000 25.58%
2021 1.397.350.000 24.25%
2022 1.733.623.000 19.4%
2023 1.341.128.000 -29.27%
2023 1.407.405.000 4.71%
2024 1.052.828.000 -33.68%

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.

Altek Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 345.413.000
2007 248.071.000 -39.24%
2008 473.647.000 47.63%
2009 305.130.000 -55.23%
2010 334.982.000 8.91%
2011 904.748.000 62.98%
2012 270.693.000 -234.23%
2013 202.593.000 -33.61%
2014 216.641.000 6.48%
2015 230.592.000 6.05%
2016 383.011.000 39.79%
2017 331.083.000 -15.68%
2018 336.529.000 1.62%
2019 335.763.000 -0.23%
2020 327.897.000 -2.4%
2021 477.188.000 31.29%
2022 629.075.000 24.14%
2023 661.348.000 4.88%
2023 562.361.000 -17.6%
2024 580.948.000 3.2%

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.

Altek Corporation EBITDA
Year EBITDA Growth
2006 2.945.379.000
2007 2.427.667.000 -21.33%
2008 2.705.346.000 10.26%
2009 2.863.884.000 5.54%
2010 1.806.231.000 -58.56%
2011 497.415.000 -263.12%
2012 622.827.000 20.14%
2013 -18.617.000 3445.47%
2014 724.894.000 102.57%
2015 745.123.000 2.71%
2016 571.971.000 -30.27%
2017 443.688.000 -28.91%
2018 581.477.000 23.7%
2019 273.609.000 -112.52%
2020 537.550.000 49.1%
2021 747.392.000 28.08%
2022 1.109.783.000 32.65%
2023 1.147.184.000 3.26%
2023 787.360.000 -45.7%
2024 570.296.000 -38.06%

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.

Altek Corporation Gross Profit
Year Gross Profit Growth
2006 3.678.767.000
2007 2.912.288.000 -26.32%
2008 3.892.724.000 25.19%
2009 4.096.405.000 4.97%
2010 2.909.279.000 -40.8%
2011 2.250.677.000 -29.26%
2012 1.766.651.000 -27.4%
2013 1.158.836.000 -52.45%
2014 1.560.966.000 25.76%
2015 1.568.786.000 0.5%
2016 1.555.744.000 -0.84%
2017 1.435.042.000 -8.41%
2018 1.318.548.000 -8.84%
2019 1.014.415.000 -29.98%
2020 1.521.930.000 33.35%
2021 2.158.722.000 29.5%
2022 2.897.628.000 25.5%
2023 2.647.488.000 -9.45%
2023 2.193.361.000 -20.7%
2024 2.134.976.000 -2.73%

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.

Altek Corporation Net Profit
Year Net Profit Growth
2006 2.083.025.000
2007 1.738.359.000 -19.83%
2008 1.836.962.000 5.37%
2009 2.205.096.000 16.69%
2010 1.327.675.000 -66.09%
2011 191.843.000 -592.06%
2012 280.103.000 31.51%
2013 -332.012.000 184.37%
2014 275.335.000 220.58%
2015 273.643.000 -0.62%
2016 53.800.000 -408.63%
2017 13.402.000 -301.43%
2018 130.562.000 89.74%
2019 -3.853.000 3488.58%
2020 160.357.000 102.4%
2021 224.734.000 28.65%
2022 456.742.000 50.8%
2023 427.456.000 -6.85%
2023 350.988.000 -21.79%
2024 309.520.000 -13.4%

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.

Altek Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 9
2007 7 -33.33%
2008 7 14.29%
2009 8 12.5%
2010 5 -100%
2011 1 0%
2012 1 100%
2013 -1 0%
2014 1 0%
2015 1 100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2022 2 100%
2023 2 0%
2023 1 0%
2024 1 0%

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.

Altek Corporation Free Cashflow
Year Free Cashflow Growth
2006 3.483.770.000
2007 913.959.000 -281.17%
2008 455.314.000 -100.73%
2009 5.919.435.000 92.31%
2010 -1.628.569.000 463.47%
2011 812.418.000 300.46%
2012 -713.250.000 213.9%
2013 -1.093.318.000 34.76%
2014 1.008.791.000 208.38%
2015 253.988.000 -297.18%
2016 -1.011.484.000 125.11%
2017 676.205.000 249.58%
2018 666.475.000 -1.46%
2019 926.549.000 28.07%
2020 167.226.000 -454.07%
2021 -909.661.000 118.38%
2022 251.371.000 461.88%
2023 1.409.911.000 82.17%
2023 -33.204.000 4346.21%
2024 395.997.000 108.38%

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.

Altek Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 3.591.747.000
2007 1.452.356.000 -147.3%
2008 1.062.892.000 -36.64%
2009 6.314.536.000 83.17%
2010 1.000.881.000 -530.9%
2011 1.869.311.000 46.46%
2012 -231.986.000 905.79%
2013 -406.184.000 42.89%
2014 1.154.834.000 135.17%
2015 315.923.000 -265.54%
2016 -905.480.000 134.89%
2017 821.269.000 210.25%
2018 703.775.000 -16.69%
2019 1.030.109.000 31.68%
2020 284.304.000 -262.33%
2021 -211.376.000 234.5%
2022 415.790.000 150.84%
2023 1.559.084.000 73.33%
2023 -11.221.000 13994.34%
2024 418.931.000 102.68%

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.

Altek Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 107.977.000
2007 538.397.000 79.94%
2008 607.578.000 11.39%
2009 395.101.000 -53.78%
2010 2.629.450.000 84.97%
2011 1.056.893.000 -148.79%
2012 481.264.000 -119.61%
2013 687.134.000 29.96%
2014 146.043.000 -370.5%
2015 61.935.000 -135.8%
2016 106.004.000 41.57%
2017 145.064.000 26.93%
2018 37.300.000 -288.91%
2019 103.560.000 63.98%
2020 117.078.000 11.55%
2021 698.285.000 83.23%
2022 164.419.000 -324.7%
2023 149.173.000 -10.22%
2023 21.983.000 -578.58%
2024 22.934.000 4.15%

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.

Altek Corporation Equity
Year Equity Growth
2006 6.863.502.000
2007 8.488.861.000 19.15%
2008 9.573.475.000 11.33%
2009 11.325.963.000 15.47%
2010 10.895.117.000 -3.95%
2011 10.821.399.000 -0.68%
2012 10.169.597.000 -6.41%
2013 9.899.908.000 -2.72%
2014 9.680.128.000 -2.27%
2015 9.628.852.000 -0.53%
2016 9.032.993.000 -6.6%
2017 9.485.225.000 4.77%
2018 9.661.581.000 1.83%
2019 9.216.726.000 -4.83%
2020 9.023.853.000 -2.14%
2021 9.392.365.000 3.92%
2022 9.196.928.000 -2.13%
2023 9.306.458.000 1.18%
2023 9.122.766.000 -2.01%
2024 9.533.665.000 4.31%

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.

Altek Corporation Assets
Year Assets Growth
2006 13.636.310.000
2007 20.134.347.000 32.27%
2008 18.184.346.000 -10.72%
2009 20.906.194.000 13.02%
2010 19.691.646.000 -6.17%
2011 18.998.548.000 -3.65%
2012 16.373.458.000 -16.03%
2013 15.718.460.000 -4.17%
2014 15.852.211.000 0.84%
2015 15.400.178.000 -2.94%
2016 15.227.132.000 -1.14%
2017 15.048.971.000 -1.18%
2018 16.270.470.000 7.51%
2019 14.085.434.000 -15.51%
2020 14.718.146.000 4.3%
2021 16.342.593.000 9.94%
2022 16.236.935.000 -0.65%
2023 16.603.889.000 2.21%
2023 15.842.558.000 -4.81%
2024 15.311.495.000 -3.47%

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.

Altek Corporation Liabilities
Year Liabilities Growth
2006 6.772.808.000
2007 11.645.486.000 41.84%
2008 8.610.871.000 -35.24%
2009 9.580.231.000 10.12%
2010 8.796.529.000 -8.91%
2011 8.177.149.000 -7.57%
2012 6.203.861.000 -31.81%
2013 5.818.552.000 -6.62%
2014 6.172.083.000 5.73%
2015 5.771.326.000 -6.94%
2016 6.194.139.000 6.83%
2017 5.563.746.000 -11.33%
2018 6.608.889.000 15.81%
2019 4.868.708.000 -35.74%
2020 5.694.293.000 14.5%
2021 6.950.228.000 18.07%
2022 7.040.007.000 1.28%
2023 7.297.431.000 3.53%
2023 6.719.792.000 -8.6%
2024 5.777.830.000 -16.3%

Altek Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
28.7
Net Income per Share
1.25
Price to Earning Ratio
27.75x
Price To Sales Ratio
1.21x
POCF Ratio
8.57
PFCF Ratio
9.86
Price to Book Ratio
1.05
EV to Sales
1.07
EV Over EBITDA
10.39
EV to Operating CashFlow
7.56
EV to FreeCashFlow
8.7
Earnings Yield
0.04
FreeCashFlow Yield
0.1
Market Cap
9,62 Bil.
Enterprise Value
8,48 Bil.
Graham Number
30.47
Graham NetNet
7.61

Income Statement Metrics

Net Income per Share
1.25
Income Quality
2.63
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.04
Net Income per EBT
0.53
EBT Per Ebit
1.43
Ebit per Revenue
0.06
Effective Tax Rate
0.31

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.17
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.06
Pretax Profit Margin
0.08
Net Profit Margin
0.04

Dividends

Dividend Yield
0.02
Dividend Yield %
2.01
Payout Ratio
0.8
Dividend Per Share
0.7

Operating Metrics

Operating Cashflow per Share
4.06
Free CashFlow per Share
3.52
Capex to Operating CashFlow
0.13
Capex to Revenue
0.02
Capex to Depreciation
0.41
Return on Invested Capital
0.03
Return on Tangible Assets
0.02
Days Sales Outstanding
57.55
Days Payables Outstanding
67.04
Days of Inventory on Hand
97.01
Receivables Turnover
6.34
Payables Turnover
5.44
Inventory Turnover
3.76
Capex per Share
0.53

Balance Sheet

Cash per Share
22,37
Book Value per Share
34,45
Tangible Book Value per Share
33.8
Shareholders Equity per Share
32.96
Interest Debt per Share
9.76
Debt to Equity
0.29
Debt to Assets
0.17
Net Debt to EBITDA
-1.39
Current Ratio
1.82
Tangible Asset Value
9,35 Bil.
Net Current Asset Value
3,40 Bil.
Invested Capital
7136344000
Working Capital
4,14 Bil.
Intangibles to Total Assets
0.01
Average Receivables
1,22 Bil.
Average Payables
0,90 Bil.
Average Inventory
1561214000
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.

Altek Corporation Dividends
Year Dividends Growth
2003 1
2004 1 0%
2005 1 0%
2006 2 100%
2007 2 50%
2008 2 0%
2009 2 -100%
2010 3 50%
2011 2 0%
2012 1 -100%
2013 1 0%
2015 1 0%
2016 0 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 0 0%
2022 1 0%
2023 1 100%
2024 1 0%

Altek Corporation Profile

About Altek Corporation

Altek Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of automobile camera, and medical and digital image technology application products. The company provides AI cameras and edge boxes, and PI cameras for home, banking and finance, hotel, retail, and industrial applications; imaging chips for image quality enhancement, face detection, etc.; and 3D sensing modules and solutions for robots, augmented reality/virtual reality devices, surveillance devices, and face payment systems. It offers automobile camera systems, including image assistance system/ mega pixel HD camera, IR camera, AVM, and ADAS for driver monitoring system; and medical imaging solutions, such as glucose meter, intelligent insulin delivery system, and disposable endoscope camera system. In addition, the company offers optical components; manufactures and sells digital still cameras and its accessories; research, development, manufacture, and sale of medical electronic equipment; wholesale, import, and export of digital cameras, digital video cameras, and related accessories; and research, design, and sales of imaging technologies, and electronic software and hardware. It operates in Asia, Europe, the United States, and Taiwan. The company was formerly known as Asia Imagination Corporation and changed its name to Altek Corporation in February 1997. The company was incorporated in 1996 and is headquartered in Hsinchu, Taiwan.

CEO
Mr. Ru Win Hsia
Employee
3.213
Address
No.12, Li-Hsin Road
Hsinchu City,

Altek Corporation Executives & BODs

Altek Corporation Executives & BODs
# Name Age
1 Mr. James Yeh
HR Officer
70
2 Mr. Vincent Kao
Senior Vice President
70
3 Mr. Leo Tseng
Vice President
70
4 Mr. Kevin Chen
Vice President
70
5 Mr. James Chien
Vice President
70
6 Mr. Ru Win Hsia
Chairman, GM, Chief Executive Officer & President
70
7 Mr. Samuel Wu
Assistant Vice President
70
8 Ms. Belle Liang
Senior Vice President, Chief Financial Officer & Representative Director
70
9 Ms. Peggy Hsu
Accounting Officer
70

Altek Corporation Competitors