Promise Technology (TPE:3057) Growth Rank : 1 (As of Dec. 15, 2024)

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What is Promise Technology Growth Rank?

Promise Technology has the Growth Rank of 1.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Competitive Comparison of Promise Technology's Growth Rank

For the Computer Hardware subindustry, Promise Technology's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Promise Technology's Growth Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Promise Technology's Growth Rank distribution charts can be found below:

* The bar in red indicates where Promise Technology's Growth Rank falls into.

Promise Technology Growth Rank Related Terms

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Promise Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Promise Technology Inc (TPE:3057) » Definitions » Growth Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 30, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 300096

Website

https://www.promise.com

Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.

Promise Technology Headlines

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