Wistron Corporation Logo

Wistron Corporation

3231.TW

(2.2)
Stock Price

102,50 TWD

3.51% ROA

13.27% ROE

17.21x PER

Market Cap.

273.700.673.631,00 TWD

137.62% DER

2.61% Yield

1.54% NPM

Wistron Corporation Stock Analysis

Wistron 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.

Wistron Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (18.48%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROA

The stock's ROA (3.98%) 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.

5 PBV

The stock's PBV ratio (2.91x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (5.820) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The company has a high debt to equity ratio (161%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Graham Number

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

Wistron 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.

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

Wistron 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.

Wistron Corporation Revenue
Year Revenue Growth
2006 221.053.807.000
2007 286.754.433.000 22.91%
2008 445.117.684.000 35.58%
2009 546.665.689.000 18.58%
2010 615.184.843.000 11.14%
2011 658.366.685.000 6.56%
2012 657.844.614.000 -0.08%
2013 624.009.073.000 -5.42%
2014 592.346.734.000 -5.35%
2015 623.273.988.000 4.96%
2016 659.908.231.000 5.55%
2017 836.081.023.000 21.07%
2018 889.536.347.000 6.01%
2019 878.255.078.000 -1.28%
2020 845.011.844.000 -3.93%
2021 862.082.848.000 1.98%
2022 984.619.156.000 12.45%
2023 868.161.072.000 -13.41%

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.

Wistron Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 2.991.114.000
2007 4.407.314.000 32.13%
2008 6.428.195.000 31.44%
2009 8.286.591.000 22.43%
2010 9.883.034.000 16.15%
2011 11.338.014.000 12.83%
2012 11.956.386.000 5.17%
2013 12.967.288.000 7.8%
2014 13.424.842.000 3.41%
2015 13.382.922.000 -0.31%
2016 13.794.877.000 2.99%
2017 14.701.037.000 6.16%
2018 14.403.597.000 -2.07%
2019 16.198.147.000 11.08%
2020 19.049.271.000 14.97%
2021 20.761.495.000 8.25%
2022 25.007.992.000 16.98%
2023 23.010.588.000 -8.68%

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.

Wistron Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 1.171.219.000
2007 1.519.692.000 22.93%
2008 2.170.732.000 29.99%
2009 2.262.681.000 4.06%
2010 2.334.224.000 3.06%
2011 1.882.662.000 -23.99%
2012 1.797.719.000 -4.73%
2013 2.193.606.000 18.05%
2014 2.291.418.000 4.27%
2015 2.746.336.000 16.56%
2016 2.954.205.000 7.04%
2017 2.843.082.000 -3.91%
2018 3.163.616.000 10.13%
2019 3.417.109.000 7.42%
2020 3.666.552.000 6.8%
2021 4.531.156.000 19.08%
2022 5.815.369.000 22.08%
2023 6.976.144.000 16.64%

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.

Wistron Corporation EBITDA
Year EBITDA Growth
2006 7.661.044.000
2007 8.458.772.000 9.43%
2008 12.963.817.000 34.75%
2009 17.005.418.000 23.77%
2010 20.600.933.000 17.45%
2011 18.674.151.000 -10.32%
2012 17.576.844.000 -6.24%
2013 17.836.912.000 1.46%
2014 15.379.949.000 -15.98%
2015 12.507.993.000 -22.96%
2016 14.788.272.000 15.42%
2017 16.822.241.000 12.09%
2018 22.655.842.000 25.75%
2019 27.670.847.000 18.12%
2020 29.253.409.000 5.41%
2021 30.339.477.000 3.58%
2022 42.174.180.000 28.06%
2023 54.930.452.000 23.22%

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.

Wistron Corporation Gross Profit
Year Gross Profit Growth
2006 14.744.213.000
2007 18.357.611.000 19.68%
2008 24.869.793.000 26.19%
2009 29.949.423.000 16.96%
2010 34.523.663.000 13.25%
2011 32.326.401.000 -6.8%
2012 31.927.245.000 -1.25%
2013 30.203.051.000 -5.71%
2014 31.116.774.000 2.94%
2015 29.416.236.000 -5.78%
2016 31.644.517.000 7.04%
2017 31.639.403.000 -0.02%
2018 37.559.256.000 15.76%
2019 42.158.550.000 10.91%
2020 46.053.180.000 8.46%
2021 51.134.716.000 9.94%
2022 69.728.692.000 26.67%
2023 68.169.200.000 -2.29%

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.

Wistron Corporation Net Profit
Year Net Profit Growth
2006 5.326.873.000
2007 6.605.450.000 19.36%
2008 6.877.929.000 3.96%
2009 9.134.636.000 24.7%
2010 12.030.342.000 24.07%
2011 9.065.028.000 -32.71%
2012 6.666.431.000 -35.98%
2013 5.751.341.000 -15.91%
2014 3.578.536.000 -60.72%
2015 1.334.094.000 -168.24%
2016 2.961.101.000 54.95%
2017 3.885.516.000 23.79%
2018 4.908.472.000 20.84%
2019 9.726.243.000 49.53%
2020 12.907.896.000 24.65%
2021 14.727.811.000 12.36%
2022 19.017.547.000 22.56%
2023 18.809.640.000 -1.11%

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.

Wistron Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 3 0%
2008 3 0%
2009 4 33.33%
2010 5 25%
2011 3 -33.33%
2012 3 -50%
2013 2 0%
2014 1 -100%
2015 1 0%
2016 1 100%
2017 1 0%
2018 2 0%
2019 3 66.67%
2020 5 25%
2021 5 20%
2022 7 16.67%
2023 7 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.

Wistron Corporation Free Cashflow
Year Free Cashflow Growth
2006 3.575.964.000
2007 -11.202.069.000 131.92%
2008 6.086.802.000 284.04%
2009 5.878.309.000 -3.55%
2010 -6.779.705.000 186.7%
2011 -3.224.154.000 -110.28%
2012 -669.905.000 -381.29%
2013 3.847.251.000 117.41%
2014 -13.375.615.000 128.76%
2015 11.590.485.000 215.4%
2016 38.422.164.000 69.83%
2017 -20.677.362.000 285.82%
2018 -4.739.836.000 -336.25%
2019 11.799.715.000 140.17%
2020 -20.978.463.000 156.25%
2021 -32.716.204.000 35.88%
2022 38.987.303.000 183.92%
2023 12.860.035.000 -203.17%

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.

Wistron Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 7.723.577.000
2007 -5.583.883.000 238.32%
2008 14.907.194.000 137.46%
2009 13.289.311.000 -12.17%
2010 7.662.409.000 -73.44%
2011 11.080.787.000 30.85%
2012 12.741.319.000 13.03%
2013 9.134.550.000 -39.48%
2014 -7.462.402.000 222.41%
2015 15.745.212.000 147.39%
2016 45.358.274.000 65.29%
2017 -13.138.986.000 445.22%
2018 4.156.087.000 416.14%
2019 18.595.562.000 77.65%
2020 -10.669.441.000 274.29%
2021 -21.535.909.000 50.46%
2022 53.440.016.000 140.3%
2023 15.511.915.000 -244.51%

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.

Wistron Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 4.147.613.000
2007 5.618.186.000 26.18%
2008 8.820.392.000 36.3%
2009 7.411.002.000 -19.02%
2010 14.442.114.000 48.68%
2011 14.304.941.000 -0.96%
2012 13.411.224.000 -6.66%
2013 5.287.299.000 -153.65%
2014 5.913.213.000 10.59%
2015 4.154.727.000 -42.32%
2016 6.936.110.000 40.1%
2017 7.538.376.000 7.99%
2018 8.895.923.000 15.26%
2019 6.795.847.000 -30.9%
2020 10.309.022.000 34.08%
2021 11.180.295.000 7.79%
2022 14.452.713.000 22.64%
2023 2.651.880.000 -445%

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.

Wistron Corporation Equity
Year Equity Growth
2006 28.725.828.000
2007 32.738.240.000 12.26%
2008 36.871.225.000 11.21%
2009 53.078.653.000 30.53%
2010 56.869.680.000 6.67%
2011 61.549.771.000 7.6%
2012 61.992.540.000 0.71%
2013 66.186.949.000 6.34%
2014 70.040.778.000 5.5%
2015 68.715.506.000 -1.93%
2016 67.245.050.000 -2.19%
2017 65.126.374.000 -3.25%
2018 73.531.582.000 11.43%
2019 83.901.074.000 12.36%
2020 83.926.079.000 0.03%
2021 92.484.779.000 9.25%
2022 118.652.556.000 22.05%
2023 128.009.505.000 7.31%

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.

Wistron Corporation Assets
Year Assets Growth
2006 73.656.161.000
2007 108.660.949.000 32.21%
2008 139.461.139.000 22.09%
2009 179.832.288.000 22.45%
2010 217.653.679.000 17.38%
2011 254.498.397.000 14.48%
2012 272.472.059.000 6.6%
2013 270.541.774.000 -0.71%
2014 299.569.923.000 9.69%
2015 290.385.044.000 -3.16%
2016 282.755.558.000 -2.7%
2017 326.653.382.000 13.44%
2018 339.102.575.000 3.67%
2019 344.176.335.000 1.47%
2020 428.822.445.000 19.74%
2021 497.297.806.000 13.77%
2022 432.907.774.000 -14.87%
2023 465.297.392.000 6.96%

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.

Wistron Corporation Liabilities
Year Liabilities Growth
2006 44.826.939.000
2007 74.910.955.000 40.16%
2008 101.678.297.000 26.33%
2009 125.817.855.000 19.19%
2010 160.783.999.000 21.75%
2011 192.948.626.000 16.67%
2012 210.473.988.000 8.33%
2013 204.345.756.000 -3%
2014 229.321.723.000 10.89%
2015 221.167.831.000 -3.69%
2016 214.787.109.000 -2.97%
2017 260.232.320.000 17.46%
2018 265.570.993.000 2.01%
2019 260.275.261.000 -2.03%
2020 344.896.366.000 24.54%
2021 404.813.027.000 14.8%
2022 314.255.218.000 -28.82%
2023 337.287.887.000 6.83%

Wistron Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
319.76
Net Income per Share
5.78
Price to Earning Ratio
17.21x
Price To Sales Ratio
0.3x
POCF Ratio
11.53
PFCF Ratio
29.21
Price to Book Ratio
2.67
EV to Sales
0.4
EV Over EBITDA
7.76
EV to Operating CashFlow
14.86
EV to FreeCashFlow
38.54
Earnings Yield
0.06
FreeCashFlow Yield
0.03
Market Cap
273,70 Bil.
Enterprise Value
361,05 Bil.
Graham Number
69.61
Graham NetNet
-70.49

Income Statement Metrics

Net Income per Share
5.78
Income Quality
0.96
ROE
0.17
Return On Assets
0.03
Return On Capital Employed
0.21
Net Income per EBT
0.56
EBT Per Ebit
0.7
Ebit per Revenue
0.04
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.08
Operating Profit Margin
0.04
Pretax Profit Margin
0.03
Net Profit Margin
0.02

Dividends

Dividend Yield
0.03
Dividend Yield %
2.61
Payout Ratio
0
Dividend Per Share
2.6

Operating Metrics

Operating Cashflow per Share
8.63
Free CashFlow per Share
3.33
Capex to Operating CashFlow
-0.61
Capex to Revenue
-0.02
Capex to Depreciation
-1.21
Return on Invested Capital
0.1
Return on Tangible Assets
0.04
Days Sales Outstanding
0
Days Payables Outstanding
55.65
Days of Inventory on Hand
58.76
Receivables Turnover
0
Payables Turnover
6.56
Inventory Turnover
6.21
Capex per Share
-5.3

Balance Sheet

Cash per Share
25,56
Book Value per Share
37,25
Tangible Book Value per Share
45.46
Shareholders Equity per Share
37.25
Interest Debt per Share
54.39
Debt to Equity
1.38
Debt to Assets
0.31
Net Debt to EBITDA
1.88
Current Ratio
1.25
Tangible Asset Value
125,93 Bil.
Net Current Asset Value
40,64 Bil.
Invested Capital
1.38
Working Capital
75,76 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
116,05 Bil.
Average Inventory
136441813000
Debt to Market Cap
0.53

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.

Wistron Corporation Dividends
Year Dividends Growth
2003 0
2004 0 0%
2006 1 100%
2007 1 0%
2008 2 0%
2009 1 0%
2010 2 100%
2011 2 50%
2012 2 -100%
2013 1 0%
2014 2 0%
2015 2 50%
2016 1 -100%
2017 1 0%
2018 1 0%
2019 1 0%
2020 2 50%
2021 2 0%
2022 2 0%
2023 3 0%

Wistron Corporation Profile

About Wistron Corporation

Wistron Corporation, together with its subsidiaries, provides design, manufacturing, testing, and after-sales services for information and communication technology products. The company engages in the research, development, design, manufacture, testing, and sale of desktop computers, notebook computers, motherboards, servers, system platforms, high-speed and multi-function multiple-CPU computer systems, multi-media computers, network computers, consumer-type computers and special computers, microprocessors, CD-ROMs, PDAs, panel PCs, pocket computers, and interface cards. The company also offers video and internet telephones, video conferencing equipment, and telecommunication equipment; digital satellite TV receivers, set-top boxes, digital video decoders, and multi-media appliance products; digital cameras, CD-ROM drives, and DVD-ROM drives; wireless receiver products comprising mobile phones, wireless LAN cards, and Bluetooth communication modules; and LCD TVs and other electronic audio and visual products. In addition, it designs and merchandises computer software and programs; recycles electronic waste; and offers in vitro diagnostic devices, therapeutic equipment, intelligent assistive devices, diagnostic x-ray units, physiological signal diagnostic devices, and medical date systems. Further, the company is involved in the manufacturing, processing, and selling of electronic products for automobiles; maintenance and cleaning of electronics products; and import and export trade operations. It operates in the United States, China, Europe, and internationally. The company was incorporated in 2001 and is headquartered in Taipei, Taiwan.

CEO
Mr. Jeff Lin
Employee
0
Address
No. 158, Singshan Road
Taipei, 11469

Wistron Corporation Executives & BODs

Wistron Corporation Executives & BODs
# Name Age
1 Mr. Hsien-Ming Lin
CSO & Chairman of the Board
70
2 Mr. Jeff Lin
President & Chief Executive Officer
70
3 Mr. David Shen
Executive Vice President & Chief Infrastructure Officer
70
4 Mr. Donald Hwang
President of Advanced Technology Lab
70
5 Mr. Vincent Cho
Wistron Smart Devices President of Component Business Group
70
6 Mr. Po-Tuan Hwang
Vice Chairman of the Board & President of New Business
70
7 Mr. Stone Shih
Chief Finance Officer
70
8 Mr. William Lin
Wistron Technologies President of Enterprise Business Group
70
9 Mike Liang
Executive Director of PR/Investor Relation & Treasury Management Division
70
10 Mr. Kenny Wang
Chief Digital & Chief Information Security Officer
70

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