Altek Corporation

$ 48.85 -3.27 %

Altek Corporation, along with its affiliated companies, specializes in the development, manufacturing, and sales of a diverse range of imaging products for the automotive and medical sectors, as well as general digital image technology applications. Within digital image technology, Altek provides AI-powered cameras, edge computing devices, and PI cameras, which are deployed across various environments, including residential, banking and finance, hospitality, retail, and industrial settings. The company also engineers imaging chips designed to enhance image quality and facilitate features such as facial detection. Furthermore, its advanced 3D sensing modules and integrated solutions support robotics, augmented/virtual reality devices, surveillance systems, and face-based payment technologies. For the automotive industry, Altek offers comprehensive camera systems, encompassing high-definition image assistance and megapixel cameras, infrared cameras, around-view monitoring (AVM) systems, and advanced driver-assistance systems (ADAS) specifically for driver monitoring. In the medical field, its solutions include glucose meters, intelligent insulin delivery systems, and disposable endoscope camera systems. Further expanding its operations, Altek manufactures optical components, as well as digital still cameras and their accessories. The company also conducts research, development, manufacturing, and sales of medical electronic equipment. Additionally, it engages in the wholesale, import, and export of digital cameras, digital video cameras, and related peripherals. Altek's expertise also extends to the research, design, and commercialization of imaging technologies, encompassing both electronic software and hardware solutions. The company operates globally, with its business activities reaching across Asia, Europe, the United States, and its base in Taiwan. Founded in 1996 and headquartered in Hsinchu, Taiwan, the company was initially known as Asia Imagination Corporation before officially adopting the name Altek Corporation in February 1997.

CEO: Ru Win Hsia - https://www.altek.com.tw

Price objectif

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Recommandation

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DCF

$ 18.29

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3059.TW vs S&P500

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Quick ratio

1.57

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

39.72

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

1.23

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

3.90 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

2.60 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

6.52

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.26

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

-0.01

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

80.86 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
4 indicates moderate financial health
Altman score
2.61 indicates an uncertain financial situation
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Cash / Debt

Cash Ratio
0.95 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.15 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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