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Quantitative Equity Report | Release: 30 Sep 2016, 20:57 UTC | Reporting Currency: TWD | Trading Currency: USD | Exchange:XLON
Hon Hai Precision Industry Co Ltd ADR HHPG
Last Close
Fair ValueQ
Market Cap
30 Sep 2016
30 Sep 2016 02:00 UTC
30 Sep 2016
5,35
—
—K
There is no one analyst in which a Quantitative Fair Value Estimate and Quantitative
Star Rating are attributed to; however, Mr. Lee Davidson, Head of Quantitative
Research for Morningstar, Inc., is responsible for overseeing the methodology that
supports the quantitative fair value. As an employee of Morningstar, Inc., Mr.
Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities
Trading Policy in carrying out his responsibilities. For information regarding Conflicts
of Interests, visit http://global.morningstar.com/equitydisclosures
Sector
Industry
Country of Domicile
a Technology
Electronic Components
TWN Taïwan
Price vs. Quantitative Fair Value
2012
2013
2014
2015
2016
Quantitative Fair Value Estimate
Total Return
Sales/Share
Forecast Range
Forcasted Price
Dividend
Split
Momentum:
—
Standard Deviation: —
Liquidity:
High
2017
10
8
Company Profile
Hon Hai Precision Industry Co Ltd along with its subsidiaries is
engaged in the manufacture, sales and service of connectors,
case, thermal module, wired/wireless communication
products, optical products, power supply modules, and
assemblies.
6
4
2
Quantitative Scores
Scores
All Rel Sector Rel Country
Quantitative Moat
None
Valuation
Fairly Valued
Quantitative Uncertainty High
Financial Health
Strong
61
45
90
93
74
61
93
97
79
42
88
91
HHPG
-14,2
-32,2
-7,4
-23,6
2,7
5,9
32,9
35,9
5,2
-2,6
—
—
—
—
2,07
—
10,4
0,3
2,68
—
8,9
0,2
2,21
—
9,6
0,3
—
2,21
9,4
0,3
Profitability
Return on Equity %
Return on Assets %
Revenue/Employee (K)
Sector
Median
Country
Median
0,93
—
—
—
—
—
—
—
1,01
21,9
16,0
13,8
19,5
1,94
2,2
1,5
0,99
15,8
15,8
9,1
12,4
4,21
1,3
1,1
Current 5-Yr Avg
Sector
Median
Country
Median
15,3
5,4
—
11,3
5,9
383,4
10,1
5,3
4 030,5
Current 5-Yr Avg
Sector
Median
Country
Median
0,6
483,3
1,6
0,1
0,7
460,0
1,7
0,2
Current 5-Yr Avg
1,00
9,4
17,9
6,5
7,5
2,21
1,3
0,3
14,4
6,1
—
Financial Health
Distance to Default
Solvency Score
Assets/Equity
Long-Term Debt/Equity
0,9
—
2,3
0,2
0,8
—
2,8
0,2
Growth Per Share
Revenue %
Operating Income %
Earnings %
Dividends %
Book Value %
Stock Total Return %
3,46
5-Yr
4,98
QQQQQ
QQQQ
QQQ
QQ
Q
Overvalued
Source: Morningstar Equity Research
Price/Quant Fair Value
Price/Earnings
Forward P/E
Price/Cash Flow
Price/Free Cash Flow
Trailing Dividend Yield %
Price/Book
Price/Sales
4,86
Cote MorningstarQ
Fairly Valued
Valuation
52-Wk
Total Return %
+/– Market (Morningstar World
Index)
Trailing Dividend Yield %
Forward Dividend Yield %
Price/Earnings
Price/Revenue
TWNa
Undervalued
4,63
1-Year
3-Year
5-Year
10-Year
6,4
14,7
11,9
116,0
7,6
5,2
4,7
15,0
15,5
45,7
15,2
12,5
8,4
13,8
14,0
33,9
15,2
2,3
—
—
—
—
—
—
2011
2012
2013
2014
2015
TTM
3 453
15,2
3 905
13,1
3 952
1,2
4 213
6,6
4 482
6,4
4 375
-2,4
83
-3,8
82
108
30,9
95
109
0,8
107
143
31,0
131
164
14,7
147
149
-9,5
136
Operating Income
% Change
Net Income
101
-92
10
0,3
180
-70
110
2,8
173
-54
119
3,0
191
-28
163
3,9
242
-71
171
3,8
186
-67
119
2,7
Operating Cash Flow
Capital Spending
Free Cash Flow
% Sales
9,57
6,3
—
11,02
15,1
—
12,35
12,1
0,29
15,15
22,7
0,50
16,93
11,7
0,60
15,80
-6,7
0,60
EPS
% Change
Free Cash Flow/Share
1,26
—
8 421
2,13
—
8 492
2,37
2,81
8 543
3,05
3,04
8 601
6,60
3,47
8 601
6,60
3,47
8 601
Dividends/Share
Book Value/Share
Shares Outstanding (Mil)
15,4
5,3
2,4
2,22
3,0
15,5
5,0
2,4
2,07
3,2
15,1
4,9
2,7
1,81
3,0
15,4
5,5
3,1
1,76
2,6
15,2
6,2
3,3
1,88
2,3
14,4
6,1
3,1
1,97
2,2
Profitability
Return on Equity %
Return on Assets %
Net Margin %
Asset Turnover
Financial Leverage
7,7
2,4
116
8,4
2,8
106
6,4
2,8
132
6,9
3,4
159
7,2
3,7
172
6,9
3,4
156
Gross Margin %
Operating Margin %
Long-Term Debt
578
11,0
647
10,5
765
10,3
930
11,4
1 008
12,9
974
13,6
Total Equity
Fixed Asset Turns
Quarterly Revenue & EPS
Revenue (Bil)
Mar
2016
958.0
2015
1,014.1
2014
883.5
2013
809.0
Earnings Per Share ()
2016
3.18
2015
3.52
2014
2.27
2013
1.90
Financials (Fiscal Year in Bil)
Revenue
% Change
Revenue Growth Year On Year %
Jun
922.1
972.7
879.1
895.6
Sep
—
1,065.6
950.5
919.3
Dec
—
1,429.7
1,500.1
1,328.4
Total
—
4,482.1
4,213.2
3,952.3
1.85
2.82
2.10
1.79
—
4.38
3.97
3.54
—
6.05
6.55
4.96
—
16.93
15.15
12.35
12,9
14,8
10,6
12,1
3,4
-1,8
-4,7
2014
2015
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-5,5
-5,2
2016
®
ß