MiTAC Holdings Corporation Logo

MiTAC Holdings Corporation

3706.TW

(3.0)
Stock Price

45,75 TWD

1.39% ROA

3.06% ROE

45.84x PER

Market Cap.

50.022.882.402,00 TWD

2.8% DER

2.99% Yield

5.02% NPM

MiTAC Holdings Corporation Stock Analysis

MiTAC Holdings 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.

MiTAC Holdings Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (15.78%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 PBV

The stock's low PBV ratio (0.9x) suggests it's undervalued, making it an attractive opportunity for investors.

4 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

5 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

6 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (308) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Revenue Growth

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

9 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.

10 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.

11 Dividend Growth

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

MiTAC Holdings 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.

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

MiTAC Holdings 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.

MiTAC Holdings Corporation Revenue
Year Revenue Growth
2006 82.882.363.000
2007 82.073.897.000 -0.99%
2008 64.735.047.000 -26.78%
2009 63.369.191.000 -2.16%
2010 55.914.955.000 -13.33%
2011 46.304.150.000 -20.76%
2012 44.507.809.000 -4.04%
2013 11.896.934.000 -274.11%
2014 42.060.342.000 71.71%
2015 50.054.765.000 15.97%
2016 48.341.745.000 -3.54%
2017 48.760.514.000 0.86%
2018 30.751.819.000 -58.56%
2019 35.831.960.000 14.18%
2020 41.145.756.000 12.91%
2021 42.185.771.000 2.47%
2022 47.832.957.000 11.81%
2023 45.317.624.000 -5.55%

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.

MiTAC Holdings Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 1.636.424.000
2007 1.767.999.000 7.44%
2008 2.534.270.000 30.24%
2009 2.882.570.000 12.08%
2010 2.764.855.000 -4.26%
2011 2.514.271.000 -9.97%
2012 2.642.845.000 4.86%
2013 822.199.000 -221.44%
2014 2.919.197.000 71.83%
2015 2.356.604.000 -23.87%
2016 2.286.190.000 -3.08%
2017 2.411.977.000 5.22%
2018 2.186.024.000 -10.34%
2019 2.372.124.000 7.85%
2020 2.436.592.000 2.65%
2021 2.261.869.000 -7.72%
2022 2.504.501.000 9.69%
2023 2.515.776.000 0.45%

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.

MiTAC Holdings Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 448.396.000
2007 565.831.000 20.75%
2008 1.648.786.000 65.68%
2009 1.938.313.000 14.94%
2010 1.715.474.000 -12.99%
2011 1.710.200.000 -0.31%
2012 1.419.936.000 -20.44%
2013 427.447.000 -232.19%
2014 1.473.662.000 70.99%
2015 1.573.718.000 6.36%
2016 1.332.719.000 -18.08%
2017 1.244.975.000 -7.05%
2018 1.174.427.000 -6.01%
2019 1.197.462.000 1.92%
2020 1.128.362.000 -6.12%
2021 1.126.785.000 -0.14%
2022 1.240.396.000 9.16%
2023 1.148.900.000 -7.96%

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.

MiTAC Holdings Corporation EBITDA
Year EBITDA Growth
2006 6.877.751.000
2007 7.264.502.000 5.32%
2008 2.584.334.000 -181.1%
2009 2.305.104.000 -12.11%
2010 2.760.649.000 16.5%
2011 1.871.819.000 -47.48%
2012 1.958.987.000 4.45%
2013 886.251.000 -121.04%
2014 1.878.182.000 52.81%
2015 2.837.402.000 33.81%
2016 3.634.742.000 21.94%
2017 3.612.265.000 -0.62%
2018 4.220.953.000 14.42%
2019 4.059.532.000 -3.98%
2020 4.025.253.000 -0.85%
2021 19.770.411.000 79.64%
2022 12.882.292.000 -53.47%
2023 4.404.768.000 -192.46%

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.

MiTAC Holdings Corporation Gross Profit
Year Gross Profit Growth
2006 9.079.602.000
2007 10.130.910.000 10.38%
2008 7.708.460.000 -31.43%
2009 7.921.104.000 2.68%
2010 7.099.712.000 -11.57%
2011 6.158.354.000 -15.29%
2012 6.102.902.000 -0.91%
2013 1.756.994.000 -247.35%
2014 5.703.906.000 69.2%
2015 5.583.864.000 -2.15%
2016 5.553.540.000 -0.55%
2017 5.665.177.000 1.97%
2018 4.787.868.000 -18.32%
2019 5.189.724.000 7.74%
2020 4.625.061.000 -12.21%
2021 4.361.894.000 -6.03%
2022 3.835.818.000 -13.71%
2023 4.505.528.000 14.86%

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.

MiTAC Holdings Corporation Net Profit
Year Net Profit Growth
2006 5.383.488.000
2007 5.648.262.000 4.69%
2008 459.289.000 -1129.78%
2009 289.162.000 -58.83%
2010 -823.682.000 135.11%
2011 253.204.000 425.3%
2012 590.405.000 57.11%
2013 571.287.000 -3.35%
2014 761.086.000 24.94%
2015 1.754.092.000 56.61%
2016 2.718.568.000 35.48%
2017 2.581.014.000 -5.33%
2018 3.296.249.000 21.7%
2019 2.817.880.000 -16.98%
2020 2.918.705.000 3.45%
2021 11.960.937.000 75.6%
2022 9.294.214.000 -28.69%
2023 2.496.104.000 -272.35%

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.

MiTAC Holdings Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 3
2007 3 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 1 0%
2014 1 0%
2015 2 100%
2016 2 50%
2017 2 0%
2018 3 0%
2019 2 0%
2020 2 0%
2021 10 80%
2022 8 -42.86%
2023 2 -250%

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.

MiTAC Holdings Corporation Free Cashflow
Year Free Cashflow Growth
2006 4.215.137.000
2007 5.083.597.000 17.08%
2008 -96.879.000 5347.37%
2009 465.779.000 120.8%
2010 -295.698.000 257.52%
2011 701.972.000 142.12%
2012 1.964.929.000 64.27%
2013 585.687.000 -235.49%
2014 -941.747.000 162.19%
2015 2.511.897.000 137.49%
2016 -658.198.000 481.63%
2017 1.777.721.000 137.02%
2018 -126.055.000 1510.27%
2019 -1.461.108.000 91.37%
2020 1.813.774.000 180.56%
2021 -1.236.423.000 246.7%
2022 746.887.000 265.54%
2023 -111.491.000 769.91%

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.

MiTAC Holdings Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 4.378.389.000
2007 5.233.441.000 16.34%
2008 506.659.000 -932.93%
2009 658.407.000 23.05%
2010 -115.799.000 668.58%
2011 812.265.000 114.26%
2012 2.109.934.000 61.5%
2013 869.070.000 -142.78%
2014 -370.028.000 334.87%
2015 3.368.873.000 110.98%
2016 741.421.000 -354.38%
2017 3.186.254.000 76.73%
2018 1.049.333.000 -203.65%
2019 232.759.000 -350.82%
2020 2.670.771.000 91.28%
2021 -144.683.000 1945.95%
2022 1.751.934.000 108.26%
2023 -6.122.000 28717.02%

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.

MiTAC Holdings Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 163.252.000
2007 149.844.000 -8.95%
2008 603.538.000 75.17%
2009 192.628.000 -213.32%
2010 179.899.000 -7.08%
2011 110.293.000 -63.11%
2012 145.005.000 23.94%
2013 283.383.000 48.83%
2014 571.719.000 50.43%
2015 856.976.000 33.29%
2016 1.399.619.000 38.77%
2017 1.408.533.000 0.63%
2018 1.175.388.000 -19.84%
2019 1.693.867.000 30.61%
2020 856.997.000 -97.65%
2021 1.091.740.000 21.5%
2022 1.005.047.000 -8.63%
2023 105.369.000 -853.84%

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.

MiTAC Holdings Corporation Equity
Year Equity Growth
2006 27.715.695.000
2007 33.962.089.000 18.39%
2008 31.125.962.000 -9.11%
2009 31.604.180.000 1.51%
2010 29.531.998.000 -7.02%
2011 30.111.030.000 1.92%
2012 29.786.087.000 -1.09%
2013 30.554.029.000 2.51%
2014 32.151.619.000 4.97%
2015 33.554.409.000 4.18%
2016 34.516.413.000 2.79%
2017 34.748.616.000 0.67%
2018 37.803.327.000 8.08%
2019 39.554.746.000 4.43%
2020 42.761.495.000 7.5%
2021 52.606.365.000 18.71%
2022 60.692.731.000 13.32%
2023 58.374.332.000 -3.97%

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.

MiTAC Holdings Corporation Assets
Year Assets Growth
2006 57.792.348.000
2007 62.278.377.000 7.2%
2008 52.747.793.000 -18.07%
2009 53.786.671.000 1.93%
2010 51.724.090.000 -3.99%
2011 51.421.912.000 -0.59%
2012 43.383.628.000 -18.53%
2013 44.110.412.000 1.65%
2014 48.203.864.000 8.49%
2015 45.162.690.000 -6.73%
2016 50.063.938.000 9.79%
2017 47.185.263.000 -6.1%
2018 48.046.151.000 1.79%
2019 55.410.382.000 13.29%
2020 57.171.735.000 3.08%
2021 76.348.802.000 25.12%
2022 85.580.325.000 10.79%
2023 82.128.143.000 -4.2%

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.

MiTAC Holdings Corporation Liabilities
Year Liabilities Growth
2006 30.076.653.000
2007 28.316.288.000 -6.22%
2008 21.621.831.000 -30.96%
2009 22.182.491.000 2.53%
2010 22.192.092.000 0.04%
2011 21.310.882.000 -4.14%
2012 13.595.630.000 -56.75%
2013 13.556.083.000 -0.29%
2014 16.052.245.000 15.55%
2015 11.608.281.000 -38.28%
2016 15.547.525.000 25.34%
2017 12.436.647.000 -25.01%
2018 10.242.824.000 -21.42%
2019 15.855.636.000 35.4%
2020 14.410.240.000 -10.03%
2021 23.742.437.000 39.31%
2022 24.887.594.000 4.6%
2023 23.753.811.000 -4.77%

MiTAC Holdings Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
36.03
Net Income per Share
0.95
Price to Earning Ratio
45.84x
Price To Sales Ratio
1.16x
POCF Ratio
9.71
PFCF Ratio
10.56
Price to Book Ratio
0.9
EV to Sales
1.04
EV Over EBITDA
26.39
EV to Operating CashFlow
8.36
EV to FreeCashFlow
9.5
Earnings Yield
0.02
FreeCashFlow Yield
0.09
Market Cap
50,02 Bil.
Enterprise Value
44,98 Bil.
Graham Number
32.23
Graham NetNet
-3.57

Income Statement Metrics

Net Income per Share
0.95
Income Quality
7.79
ROE
0.02
Return On Assets
0.02
Return On Capital Employed
0.02
Net Income per EBT
1.03
EBT Per Ebit
1.04
Ebit per Revenue
0.05
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.06
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.13
Operating Profit Margin
0.05
Pretax Profit Margin
0.05
Net Profit Margin
0.05

Dividends

Dividend Yield
0.03
Dividend Yield %
2.99
Payout Ratio
0
Dividend Per Share
1.3

Operating Metrics

Operating Cashflow per Share
4.49
Free CashFlow per Share
3.95
Capex to Operating CashFlow
-0.12
Capex to Revenue
-0.01
Capex to Depreciation
-0.56
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
62.76
Days Payables Outstanding
68.36
Days of Inventory on Hand
86.86
Receivables Turnover
5.82
Payables Turnover
5.34
Inventory Turnover
4.2
Capex per Share
-0.54

Balance Sheet

Cash per Share
7,62
Book Value per Share
48,60
Tangible Book Value per Share
48.64
Shareholders Equity per Share
48.6
Interest Debt per Share
1.49
Debt to Equity
0.03
Debt to Assets
0.02
Net Debt to EBITDA
-2.96
Current Ratio
1.79
Tangible Asset Value
58,28 Bil.
Net Current Asset Value
2,34 Bil.
Invested Capital
0.03
Working Capital
11,48 Bil.
Intangibles to Total Assets
0
Average Receivables
6,44 Bil.
Average Payables
7,05 Bil.
Average Inventory
9456253500
Debt to Market Cap
0.03

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.

MiTAC Holdings Corporation Dividends
Year Dividends Growth
2008 1
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 2 100%
2017 2 50%
2018 1 -100%
2019 1 0%
2020 1 0%
2021 1 0%
2022 2 50%
2023 1 -100%

MiTAC Holdings Corporation Profile

About MiTAC Holdings Corporation

MiTAC Holdings Corporation, through its subsidiaries, designs, develops, manufactures, and distributes computers and ancillary equipment, and communication related products in Taiwan, Europe, the United States, and internationally. The company offers cloud computing products, such as data center computing, data center storage, standard rack mount, open computer project and open edge, 5G radio access network and edge computing, and high-performance computing servers; interactive kiosk/kiosk panel PCs; smart IoT edge computing gateways; industrial panel PCs; quasi systems for railway transport use; industrial/medical use COM express motherboard modules; enterprise-grade high-availability storage systems; self-checkout systems AI recognition devices for smart store applications; and whole cabinet system design and assembly services. It also provides portable navigation devices, carplay display audio products, connected car tablets, navigation box and telematic products; car amplifier, bike computer, and outdoor lighting control products; consumer electronics and fitness navigation devices for outdoor use; enterprise electronics; mobile cloud storage products; 4G LTE connected dash cameras; and fleet management and car A/V systems. In addition, the company offers building, factory, equipment, and energy monitoring management solutions through its Comismart platform. It serves finance, technology, retail, education, and manufacturing industries. MiTAC Holdings Corporation was founded in 1982 and is headquartered in Taoyuan City, Taiwan.

CEO
Mr. Feng-Chiang Miau
Employee
6.650
Address
No. 202, Wenhua 2nd Road
Taoyuan City, 33383

MiTAC Holdings Corporation Executives & BODs

MiTAC Holdings Corporation Executives & BODs
# Name Age
1 Mr. Jhi-Wu Ho
Corporate President & Director
70
2 Mr. Steve Chang
President of MiTAC Digital Technology Corporation
70
3 Mr. Michael Lin Ph.D.
President of MiTAC Computing Technology Corporation
70
4 Hsiang-Yun Yang
Company Secretary & Special Assistant to the Chairman
70
5 Madam Hsiu-Ling Huang
Vice President of Finance Center & Head of Finance
70
6 Mr. Che-Hsien Hsu
Chief Corporate Governance Officer
70
7 Mei Chih Lin
Chief Information Security Officer
70
8 Ms. Maggie Hsu
Investor Relations Senior Manager
70
9 Mr. Feng-Chiang Miau
Founder, Chairman & CSO
70

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