View ValuationASMedia Technology 将来の成長Future 基準チェック /16ASMedia Technology利益と収益がそれぞれ年間12.7%と8.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に19.3% 13.7%なると予測されています。主要情報12.7%収益成長率13.73%EPS成長率Semiconductor 収益成長26.7%収益成長率8.5%将来の株主資本利益率19.27%アナリストカバレッジGood最終更新日11 Aug 2026今後の成長に関する最新情報Major Estimate Revision • May 20Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from NT$14.3b to NT$12.7b. EPS estimate increased from NT$85.08 to NT$101 per share. Net income forecast to grow 25% next year vs 60% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$1,750 to NT$1,667. Share price fell 3.5% to NT$1,380 over the past week.Price Target Changed • May 13Price target decreased by 7.2% to NT$1,624Down from NT$1,750, the current price target is an average from 9 analysts. New target price is 13% above last closing price of NT$1,435. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$90.87 for next year compared to NT$72.70 last year.Major Estimate Revision • Mar 27Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.9b to NT$14.3b. EPS estimate fell from NT$93.69 to NT$87.57 per share. Net income forecast to grow 19% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$1,791. Share price fell 2.9% to NT$1,165 over the past week.Major Estimate Revision • Mar 20Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.7b to NT$14.3b. EPS estimate also fell from NT$93.69 per share to NT$73.40 per share. Net income forecast to grow 1.2% next year vs 48% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$1,821 unchanged from last update. Share price fell 2.0% to NT$1,200 over the past week.Price Target Changed • Mar 06Price target decreased by 10% to NT$1,840Down from NT$2,055, the current price target is an average from 10 analysts. New target price is 43% above last closing price of NT$1,290. Stock is down 35% over the past year. The company is forecast to post earnings per share of NT$71.06 for next year compared to NT$51.57 last year.Major Estimate Revision • Aug 14Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$12.2b to NT$13.5b. EPS estimate fell from NT$74.31 to NT$73.43. Net income forecast to grow 50% next year vs 20% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$2,314 to NT$2,363. Share price fell 6.4% to NT$1,825 over the past week.すべての更新を表示Recent updatesReported Earnings • Aug 14Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: NT$27.22 (up from NT$15.02 in 2Q 2025). Revenue: NT$2.72b (down 20% from 2Q 2025). Net income: NT$2.02b (up 80% from 2Q 2025). Profit margin: 74% (up from 33% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) exceeded analyst estimates by 19%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 06Dividend increased to NT$45.38Dividend of NT$45.38 is 51% higher than last year. Ex-date: 21st July 2026 Payment date: 14th August 2026 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 19Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Shou-Yen Kao was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$1,325, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$533 per share.Major Estimate Revision • May 20Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from NT$14.3b to NT$12.7b. EPS estimate increased from NT$85.08 to NT$101 per share. Net income forecast to grow 25% next year vs 60% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$1,750 to NT$1,667. Share price fell 3.5% to NT$1,380 over the past week.Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$24.00 (vs NT$16.39 in 1Q 2025)First quarter 2026 results: EPS: NT$24.00 (up from NT$16.39 in 1Q 2025). Revenue: NT$3.50b (up 39% from 1Q 2025). Net income: NT$1.85b (up 52% from 1Q 2025). Profit margin: 53% (up from 49% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 13Price target decreased by 7.2% to NT$1,624Down from NT$1,750, the current price target is an average from 9 analysts. New target price is 13% above last closing price of NT$1,435. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$90.87 for next year compared to NT$72.70 last year.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$1,290, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$861 per share.Major Estimate Revision • Mar 27Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.9b to NT$14.3b. EPS estimate fell from NT$93.69 to NT$87.57 per share. Net income forecast to grow 19% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$1,791. Share price fell 2.9% to NT$1,165 over the past week.Major Estimate Revision • Mar 20Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.7b to NT$14.3b. EPS estimate also fell from NT$93.69 per share to NT$73.40 per share. Net income forecast to grow 1.2% next year vs 48% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$1,821 unchanged from last update. Share price fell 2.0% to NT$1,200 over the past week.Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$72.70 (vs NT$51.57 in FY 2024)Full year 2025 results: EPS: NT$72.70 (up from NT$51.57 in FY 2024). Revenue: NT$13.4b (up 66% from FY 2024). Net income: NT$5.43b (up 45% from FY 2024). Profit margin: 40% (down from 46% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 06ASMedia Technology Inc., Annual General Meeting, Jun 17, 2026ASMedia Technology Inc., Annual General Meeting, Jun 17, 2026. Location: no,11, chung shan s. rd., jhongjheng district, taipei city TaiwanPrice Target Changed • Mar 06Price target decreased by 10% to NT$1,840Down from NT$2,055, the current price target is an average from 10 analysts. New target price is 43% above last closing price of NT$1,290. Stock is down 35% over the past year. The company is forecast to post earnings per share of NT$71.06 for next year compared to NT$51.57 last year.New Risk • Jan 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (122% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$1,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 89% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,425 per share.Reported Earnings • Nov 14Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: NT$21.21 (up from NT$13.06 in 3Q 2024). Revenue: NT$3.99b (up 88% from 3Q 2024). Net income: NT$1.58b (up 63% from 3Q 2024). Profit margin: 40% (down from 46% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year.New Risk • Sep 28New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Aug 22Now 20% overvaluedOver the last 90 days, the stock has fallen 11% to NT$1,685. The fair value is estimated to be NT$1,399, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 70% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.Major Estimate Revision • Aug 14Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$12.2b to NT$13.5b. EPS estimate fell from NT$74.31 to NT$73.43. Net income forecast to grow 50% next year vs 20% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$2,314 to NT$2,363. Share price fell 6.4% to NT$1,825 over the past week.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$15.02 (vs NT$13.18 in 2Q 2024)Second quarter 2025 results: EPS: NT$15.02 (up from NT$13.18 in 2Q 2024). Revenue: NT$3.39b (up 61% from 2Q 2024). Net income: NT$1.12b (up 20% from 2Q 2024). Profit margin: 33% (down from 44% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 10Dividend of NT$30.00 announcedShareholders will receive a dividend of NT$30.00. Ex-date: 23rd July 2025 Payment date: 15th August 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 73%.お知らせ • Jun 03ASMedia Technology Inc. (TWSE:5269) completed the acquisition of acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others.ASMedia Technology Inc. (TWSE:5269) submitted a non-binding letter of intent to acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others for approximately $390 million on September 18, 2024. ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) on January 15, 2025. ASMedia will acquire all of the outstanding shares of Techpoint, including common stock underlying its Japanese Depositary Shares, for $20.00 per share in an all-cash transaction. ASMedia intends to fund the transaction with cash on hand. As part of the transaction, Techpoint’s Japanese Depositary Shares will no longer be traded on the Tokyo Stock Exchange, and Techpoint will become a wholly owned subsidiary of ASMedia. Upon termination of the Merger Agreement under specified limited circumstances, Techpoint will be required to pay ASMedia a termination fee of $7,520,000. Upon termination of the Merger Agreement under other specified limited circumstances, ASMedia will be required to pay Techpoint a termination fee of $12,000,000. ASMedia Technology Inc. (TWSE:5269) completed the acquisition of acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others on June 2, 2025.Major Estimate Revision • May 20Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$11.1b to NT$12.4b. EPS estimate fell from NT$76.01 to NT$74.03. Net income forecast to grow 46% next year vs 16% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$2,300. Share price rose 6.1% to NT$1,925 over the past week.Reported Earnings • May 15First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$16.39 (up from NT$12.80 in 1Q 2024). Revenue: NT$2.51b (up 29% from 1Q 2024). Net income: NT$1.22b (up 38% from 1Q 2024). Profit margin: 49% (up from 46% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,970, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,391 per share.お知らせ • May 03ASMedia Technology Inc. to Report Q1, 2025 Results on May 12, 2025ASMedia Technology Inc. announced that they will report Q1, 2025 results on May 12, 2025Price Target Changed • Apr 23Price target decreased by 7.8% to NT$2,302Down from NT$2,497, the current price target is an average from 9 analysts. New target price is 41% above last closing price of NT$1,635. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$76.01 for next year compared to NT$51.57 last year.Buy Or Sell Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to NT$1,460. The fair value is estimated to be NT$1,836, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 82% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.お知らせ • Mar 20ASMedia Technology Inc., Annual General Meeting, Jun 13, 2025ASMedia Technology Inc., Annual General Meeting, Jun 13, 2025, at 09:00 Taipei Standard Time. Location: no,11, chung shan s. rd., jhongjheng district, taipei city Taiwan分析記事 • Mar 20A Look At The Fair Value Of ASMedia Technology Inc. (TWSE:5269)Key Insights The projected fair value for ASMedia Technology is NT$1,961 based on 2 Stage Free Cash Flow to Equity With...分析記事 • Mar 06ASMedia Technology's (TWSE:5269) Earnings Are Of Questionable QualityASMedia Technology Inc. ( TWSE:5269 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • Feb 28Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: NT$51.57 (up from NT$32.19 in FY 2023). Revenue: NT$8.08b (up 26% from FY 2023). Net income: NT$3.73b (up 68% from FY 2023). Profit margin: 46% (up from 35% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.お知らせ • Feb 19ASMedia Technology Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025ASMedia Technology Inc. announced that they will report fiscal year 2024 results on Feb 26, 2025分析記事 • Feb 04Is It Too Late To Consider Buying ASMedia Technology Inc. (TWSE:5269)?ASMedia Technology Inc. ( TWSE:5269 ), might not be a large cap stock, but it received a lot of attention from a...分析記事 • Jan 20Returns On Capital At ASMedia Technology (TWSE:5269) Paint A Concerning PictureDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...お知らせ • Jan 16ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) for approximately $380 million.ASMedia Technology Inc. (TWSE:5269) submitted a non-binding letter of intent to acquire Techpoint, Inc. (TSE:6697) for approximately $380 million on September 18, 2024. ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) on January 15, 2025. ASMedia will acquire all of the outstanding shares of Techpoint, including common stock underlying its Japanese Depositary Shares, for $20.00 per share in an all-cash transaction. ASMedia intends to fund the transaction with cash on hand. As part of the transaction, Techpoint’s Japanese Depositary Shares will no longer be traded on the Tokyo Stock Exchange, and Techpoint will become a wholly owned subsidiary of ASMedia. Upon termination of the Merger Agreement under specified limited circumstances, Techpoint will be required to pay ASMedia a termination fee of $7,520,000. Upon termination of the Merger Agreement under other specified limited circumstances, ASMedia will be required to pay Techpoint a termination fee of $12,000,000. The transaction is subject to receipt of required regulatory approvals, approval by Techpoint shareholders, all required approvals obtained (or waiting periods expired or terminated) under applicable Antitrust Laws, CFIUS Approval, and Taiwan DIR Approval will have been obtained. The transaction has been unanimously approved by both ASMedia’s and Techpoint’s boards of directors. The transaction is expected to close in the second quarter or early third quarter in 2025. Citigroup Global Markets Asia Limited is serving as the exclusive financial advisor to ASMedia, with Miranda So and Xi Shi of Davis Polk & Wardwell LLP, Mori Hamada & Matsumoto, and Chen & Lin Attorneys-at-Law as legal advisors. Greenhill & Co., LLC, an affiliate of Mizuho Americas LLC, is serving as the exclusive financial advisor and fairness opinion provider to Techpoint, with James J. Masetti and Drew Simon-Rooke of Pillsbury Winthrop Shaw Pittman LLP and Anderson Mori & Tomotsune as legal advisors.分析記事 • Dec 19Investors Still Waiting For A Pull Back In ASMedia Technology Inc. (TWSE:5269)ASMedia Technology Inc.'s ( TWSE:5269 ) price-to-earnings (or "P/E") ratio of 42.8x might make it look like a strong...Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$1,880, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 7.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,079 per share.分析記事 • Nov 26ASMedia Technology Inc. (TWSE:5269) Shares Could Be 24% Above Their Intrinsic Value EstimateKey Insights ASMedia Technology's estimated fair value is NT$1,361 based on 2 Stage Free Cash Flow to Equity Current...Buy Or Sell Opportunity • Nov 20Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$1,630. The fair value is estimated to be NT$1,358, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 6.2%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$13.06 (up from NT$9.74 in 3Q 2023). Revenue: NT$2.13b (up 23% from 3Q 2023). Net income: NT$974.2m (up 45% from 3Q 2023). Profit margin: 46% (up from 39% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Oct 30ASMedia Technology Inc. to Report Q3, 2024 Results on Nov 06, 2024ASMedia Technology Inc. announced that they will report Q3, 2024 results on Nov 06, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,710, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,739 per share.分析記事 • Sep 23Is It Too Late To Consider Buying ASMedia Technology Inc. (TWSE:5269)?While ASMedia Technology Inc. ( TWSE:5269 ) might not have the largest market cap around , it saw significant share...Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$1,470, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,437 per share.Major Estimate Revision • Aug 22Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$61.64 to NT$55.44 per share. Revenue forecast steady at NT$8.79b. Net income forecast to grow 57% next year vs 33% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$2,441 to NT$2,384. Share price rose 11% to NT$1,645 over the past week.Buy Or Sell Opportunity • Aug 20Now 21% overvaluedOver the last 90 days, the stock has fallen 7.8% to NT$1,725. The fair value is estimated to be NT$1,421, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 76% in 2 years. Earnings are forecast to grow by 107% in the next 2 years.分析記事 • Aug 19ASMedia Technology's (TWSE:5269) Solid Profits Have Weak FundamentalsUnsurprisingly, ASMedia Technology Inc.'s ( TWSE:5269 ) stock price was strong on the back of its healthy earnings...Reported Earnings • Aug 13Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$13.18 (up from NT$7.08 in 2Q 2023). Revenue: NT$2.11b (up 35% from 2Q 2023). Net income: NT$935.8m (up 91% from 2Q 2023). Profit margin: 44% (up from 32% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$1,385, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,428 per share.お知らせ • Jul 31ASMedia Technology Inc. to Report Q2, 2024 Results on Aug 07, 2024ASMedia Technology Inc. announced that they will report Q2, 2024 results on Aug 07, 2024分析記事 • Jul 27What You Can Learn From ASMedia Technology Inc.'s (TWSE:5269) P/E After Its 27% Share Price CrashASMedia Technology Inc. ( TWSE:5269 ) shareholders won't be pleased to see that the share price has had a very rough...分析記事 • Jul 24ASMedia Technology (TWSE:5269) Has Announced That Its Dividend Will Be Reduced To NT$18.58The board of ASMedia Technology Inc. ( TWSE:5269 ) has announced it will be reducing its dividend by 7.1% from last...Declared Dividend • Jul 18Dividend reduced to NT$18.58Dividend of NT$18.58 is 7.1% lower than last year. Ex-date: 1st August 2024 Payment date: 21st August 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 147% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 17Asmedia Technology Inc. Approves Cash Dividend, Payable on August 21, 2024ASMedia Technology Inc. approved cash dividend of TWD TWD 1,387,270,360, each common share is entitled to receive TWD 18.58061407. Ex-rights (ex-dividend) trading date: August 1, 2024. Ex-rights (ex-dividend) record date: August 9, 2024. Payment date of cash dividend distribution: August 21, 2024.New Risk • Jul 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Shareholders have been diluted in the past year (7.6% increase in shares outstanding).お知らせ • Jun 19+ 1 more updateASMedia Technology Inc. Announces the Election of Kenneth Kin as Additional Member of Audit CommitteeASMedia Technology Inc. announced the election of Mr. Kenneth Kin as additional member of Audit Committee. Effective date of the new appointment is June 18, 2024.お知らせ • May 03ASMedia Technology Inc. to Report Q1, 2024 Results on May 08, 2024ASMedia Technology Inc. announced that they will report Q1, 2024 results on May 08, 2024Buy Or Sell Opportunity • May 02Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.6% to NT$1,990. The fair value is estimated to be NT$1,656, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 79% in 2 years. Earnings are forecast to grow by 185% in the next 2 years.お知らせ • Apr 26ASMedia Technology Inc. announced a financing transactionASMedia Technology Inc. announced a private placement to issue 1,000,000 common shares on April 24, 2024. The transaction has been approved by shareholders of the company. The company has increased shares from 4,300,000 shares to 5,300,000 shares.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$1,805, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,291 per share.Buy Or Sell Opportunity • Mar 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to NT$2,320. The fair value is estimated to be NT$1,932, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 70% in 2 years. Earnings are forecast to grow by 174% in the next 2 years.お知らせ • Mar 21ASMedia Technology Inc., Annual General Meeting, Jun 18, 2024ASMedia Technology Inc., Annual General Meeting, Jun 18, 2024. Location: CHANG YUNG-FA FOUNDATION International Convention Center (No11.Zhongshan S.Rd.Taipei City 10048,Taiwan) Taipei City Taiwan Agenda: To consider 2023 Business Report; Audit Committee's Review Report on 2023 Annual Financial Statements; Remuneration Report on Company Employees and Directors 2023; Distribution of 2023 Earnings Report; and to discuss other matters.分析記事 • Mar 15A Look At The Intrinsic Value Of ASMedia Technology Inc. (TWSE:5269)Key Insights ASMedia Technology's estimated fair value is NT$1,936 based on 2 Stage Free Cash Flow to Equity Current...Major Estimate Revision • Mar 02Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$8.22b to NT$8.35b. EPS estimate increased from NT$51.39 to NT$57.38 per share. Net income forecast to grow 83% next year vs 21% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$2,014 to NT$2,409. Share price rose 4.2% to NT$2,375 over the past week.分析記事 • Mar 02ASMedia Technology Inc. (TWSE:5269) Looks Just Right With A 28% Price JumpDespite an already strong run, ASMedia Technology Inc. ( TWSE:5269 ) shares have been powering on, with a gain of 28...Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,910, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,148 per share.Price Target Changed • Dec 01Price target increased by 9.4% to NT$1,464Up from NT$1,338, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$1,515. Stock is up 93% over the past year. The company is forecast to post earnings per share of NT$31.51 for next year compared to NT$37.86 last year.Price Target Changed • Nov 09Price target increased by 12% to NT$1,338Up from NT$1,197, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$1,360. Stock is up 126% over the past year. The company is forecast to post earnings per share of NT$31.15 for next year compared to NT$37.86 last year.New Risk • Oct 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (37% net profit margin).Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,200, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total loss to shareholders of 14% over the past three years.New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 37% Last year net profit margin: 56% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (37% net profit margin).Reported Earnings • Aug 14Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: NT$7.08 (down from NT$10.26 in 2Q 2022). Revenue: NT$1.56b (up 8.2% from 2Q 2022). Net income: NT$490.0m (down 31% from 2Q 2022). Profit margin: 32% (down from 49% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Jul 25Upcoming dividend of NT$20.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.3%).お知らせ • Jul 15ASMedia Technology Inc. Announces Cash Dividend, Payable on August 25, 2023ASMedia Technology Inc. announced cash dividend of TWD TWD 1,387,295,480, each common share is entitled to receive TWD 20.00036215. Ex-rights (ex-dividend) trading date: August 1, 2023. Ex-rights (ex-dividend) record date: August 7, 2023. Payment date of cash dividend distribution: August 25, 2023.New Risk • Jul 13New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change).お知らせ • Jun 21ASMedia Technology Inc. Chairperson ChangesASMedia Technology Inc. announced the appointment of Ted Hsu, Vice chairperson/CSO of ASUSTeK Computer Inc. as chairperson of the company in place of Jerry Shen. Effective date of the new appointment is June 19, 2023.Price Target Changed • May 13Price target increased by 7.8% to NT$1,255Up from NT$1,164, the current price target is an average from 10 analysts. New target price is 7.3% above last closing price of NT$1,170. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of NT$33.20 for next year compared to NT$37.86 last year.お知らせ • May 11ASMedia Technology Inc. Appoints Martin Pan as Corporate Governance OfficerASMedia Technology Inc. announced the appointment of Corporate Governance Officer. Name, title, and resume of the new position holder: Martin Pan/Financial officer. Effective date: May 10, 2023.Price Target Changed • Apr 28Price target increased by 9.7% to NT$1,164Up from NT$1,061, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$1,135. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$34.57 for next year compared to NT$37.86 last year.Price Target Changed • Apr 21Price target increased by 9.7% to NT$1,164Up from NT$1,061, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$1,170. Stock is down 25% over the past year. The company is forecast to post earnings per share of NT$34.57 for next year compared to NT$37.86 last year.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,330, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 80% over the past three years.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,265, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$678 per share.Reported Earnings • Mar 11Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: NT$37.86 (down from NT$46.23 in FY 2021). Revenue: NT$5.25b (down 13% from FY 2021). Net income: NT$2.62b (down 18% from FY 2021). Profit margin: 50% (down from 53% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 10Price target increased by 12% to NT$893Up from NT$799, the current price target is an average from 9 analysts. New target price is 18% below last closing price of NT$1,095. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$38.84 for next year compared to NT$46.23 last year.Price Target Changed • Feb 23Price target increased by 9.2% to NT$799Up from NT$731, the current price target is an average from 9 analysts. New target price is 21% below last closing price of NT$1,015. Stock is down 41% over the past year. The company is forecast to post earnings per share of NT$38.84 for next year compared to NT$46.23 last year.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$946, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$744 per share.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$771, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$780 per share.Buying Opportunity • Dec 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be NT$860, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 1.6% in the next 2 years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hung-Chih Chan was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$10.76 (down from NT$14.55 in 3Q 2021). Revenue: NT$1.34b (down 25% from 3Q 2021). Net income: NT$744.3m (down 26% from 3Q 2021). Profit margin: 56% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 10Price target decreased to NT$782Down from NT$904, the current price target is an average from 8 analysts. New target price is 30% above last closing price of NT$601. Stock is down 63% over the past year. The company is forecast to post earnings per share of NT$40.97 for next year compared to NT$46.23 last year.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$626, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 22% over the past three years.Price Target Changed • Oct 07Price target decreased to NT$1,041Down from NT$1,121, the current price target is an average from 8 analysts. New target price is 46% above last closing price of NT$713. Stock is down 54% over the past year. The company is forecast to post earnings per share of NT$43.62 for next year compared to NT$46.23 last year.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$670, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,251 per share.業績と収益の成長予測TWSE:5269 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202816,98610,5062,8613,569412/31/202714,0638,0837,0957,5781112/31/202611,8656,9586,3946,76996/30/202613,7336,9544,9545,478N/A3/31/202614,4036,0574,9725,472N/A12/31/202513,4155,4263,4054,070N/A9/30/202511,7944,8631,7472,381N/A6/30/20259,9294,2552,5693,221N/A3/31/20258,6424,0702,2332,831N/A12/31/20248,0813,7333,2253,535N/A9/30/20247,8923,4713,6183,933N/A6/30/20247,4993,1702,9903,333N/A3/31/20246,9512,7253,2893,671N/A12/31/20236,4012,2283,0123,452N/A9/30/20235,6981,8691,2061,764N/A6/30/20235,3021,9391,8472,311N/A3/31/20235,1842,1588921,350N/A12/31/20225,2482,6176221,108N/A9/30/20225,4123,0131,1361,510N/A6/30/20225,8613,274482875N/A3/31/20225,8933,3289461,269N/A12/31/20216,0093,1931,2061,513N/A9/30/20216,8373,2162,2052,492N/A6/30/20217,1443,0902,0832,318N/A3/31/20216,9813,1502,4082,645N/A12/31/20206,9872,9282,1262,350N/A9/30/20205,9882,4351,3471,592N/A6/30/20204,8161,7999221,158N/A3/31/20204,2841,187N/A1,006N/A12/31/20193,746965N/A1,456N/A9/30/20193,9061,042N/A1,506N/A6/30/20194,0301,075N/A1,313N/A3/31/20194,0421,081N/A1,158N/A12/31/20183,722956N/A965N/A9/30/20183,210761N/A932N/A6/30/20182,979694N/A940N/A3/31/20183,005462N/A687N/A12/31/20172,975432N/A779N/A9/30/20172,966431N/A499N/A6/30/20172,778335N/A409N/A3/31/20172,340403N/A345N/A12/31/20162,057350N/A227N/A9/30/20161,856301N/A318N/A6/30/20161,662279N/A390N/A3/31/20161,581233N/A437N/A12/31/20151,556207N/A440N/A9/30/20151,459191N/A379N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 5269の予測収益成長率 (年間12.7% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: 5269の収益 ( 12.7% ) TW市場 ( 26% ) よりも低い成長が予測されています。高成長収益: 5269の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 5269の収益 ( 8.5% ) TW市場 ( 21.9% ) よりも低い成長が予測されています。高い収益成長: 5269の収益 ( 8.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 5269の 自己資本利益率 は、3年後には低くなると予測されています ( 19.3 %)。成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/21 11:51終値2026/08/21 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ASMedia Technology Inc. 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Mike YangBofA Global Researchnull nullCapital Securities CorporationLicheng ZhuangCapital Securities Corporation15 その他のアナリストを表示
Major Estimate Revision • May 20Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from NT$14.3b to NT$12.7b. EPS estimate increased from NT$85.08 to NT$101 per share. Net income forecast to grow 25% next year vs 60% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$1,750 to NT$1,667. Share price fell 3.5% to NT$1,380 over the past week.
Price Target Changed • May 13Price target decreased by 7.2% to NT$1,624Down from NT$1,750, the current price target is an average from 9 analysts. New target price is 13% above last closing price of NT$1,435. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$90.87 for next year compared to NT$72.70 last year.
Major Estimate Revision • Mar 27Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.9b to NT$14.3b. EPS estimate fell from NT$93.69 to NT$87.57 per share. Net income forecast to grow 19% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$1,791. Share price fell 2.9% to NT$1,165 over the past week.
Major Estimate Revision • Mar 20Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.7b to NT$14.3b. EPS estimate also fell from NT$93.69 per share to NT$73.40 per share. Net income forecast to grow 1.2% next year vs 48% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$1,821 unchanged from last update. Share price fell 2.0% to NT$1,200 over the past week.
Price Target Changed • Mar 06Price target decreased by 10% to NT$1,840Down from NT$2,055, the current price target is an average from 10 analysts. New target price is 43% above last closing price of NT$1,290. Stock is down 35% over the past year. The company is forecast to post earnings per share of NT$71.06 for next year compared to NT$51.57 last year.
Major Estimate Revision • Aug 14Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$12.2b to NT$13.5b. EPS estimate fell from NT$74.31 to NT$73.43. Net income forecast to grow 50% next year vs 20% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$2,314 to NT$2,363. Share price fell 6.4% to NT$1,825 over the past week.
Reported Earnings • Aug 14Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: NT$27.22 (up from NT$15.02 in 2Q 2025). Revenue: NT$2.72b (down 20% from 2Q 2025). Net income: NT$2.02b (up 80% from 2Q 2025). Profit margin: 74% (up from 33% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) exceeded analyst estimates by 19%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 06Dividend increased to NT$45.38Dividend of NT$45.38 is 51% higher than last year. Ex-date: 21st July 2026 Payment date: 14th August 2026 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 19Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Shou-Yen Kao was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$1,325, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$533 per share.
Major Estimate Revision • May 20Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from NT$14.3b to NT$12.7b. EPS estimate increased from NT$85.08 to NT$101 per share. Net income forecast to grow 25% next year vs 60% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$1,750 to NT$1,667. Share price fell 3.5% to NT$1,380 over the past week.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$24.00 (vs NT$16.39 in 1Q 2025)First quarter 2026 results: EPS: NT$24.00 (up from NT$16.39 in 1Q 2025). Revenue: NT$3.50b (up 39% from 1Q 2025). Net income: NT$1.85b (up 52% from 1Q 2025). Profit margin: 53% (up from 49% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 13Price target decreased by 7.2% to NT$1,624Down from NT$1,750, the current price target is an average from 9 analysts. New target price is 13% above last closing price of NT$1,435. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$90.87 for next year compared to NT$72.70 last year.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$1,290, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$861 per share.
Major Estimate Revision • Mar 27Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.9b to NT$14.3b. EPS estimate fell from NT$93.69 to NT$87.57 per share. Net income forecast to grow 19% next year vs 47% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$1,791. Share price fell 2.9% to NT$1,165 over the past week.
Major Estimate Revision • Mar 20Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$15.7b to NT$14.3b. EPS estimate also fell from NT$93.69 per share to NT$73.40 per share. Net income forecast to grow 1.2% next year vs 48% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$1,821 unchanged from last update. Share price fell 2.0% to NT$1,200 over the past week.
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$72.70 (vs NT$51.57 in FY 2024)Full year 2025 results: EPS: NT$72.70 (up from NT$51.57 in FY 2024). Revenue: NT$13.4b (up 66% from FY 2024). Net income: NT$5.43b (up 45% from FY 2024). Profit margin: 40% (down from 46% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 06ASMedia Technology Inc., Annual General Meeting, Jun 17, 2026ASMedia Technology Inc., Annual General Meeting, Jun 17, 2026. Location: no,11, chung shan s. rd., jhongjheng district, taipei city Taiwan
Price Target Changed • Mar 06Price target decreased by 10% to NT$1,840Down from NT$2,055, the current price target is an average from 10 analysts. New target price is 43% above last closing price of NT$1,290. Stock is down 35% over the past year. The company is forecast to post earnings per share of NT$71.06 for next year compared to NT$51.57 last year.
New Risk • Jan 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (122% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$1,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 89% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,425 per share.
Reported Earnings • Nov 14Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: NT$21.21 (up from NT$13.06 in 3Q 2024). Revenue: NT$3.99b (up 88% from 3Q 2024). Net income: NT$1.58b (up 63% from 3Q 2024). Profit margin: 40% (down from 46% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year.
New Risk • Sep 28New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Aug 22Now 20% overvaluedOver the last 90 days, the stock has fallen 11% to NT$1,685. The fair value is estimated to be NT$1,399, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 70% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.
Major Estimate Revision • Aug 14Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$12.2b to NT$13.5b. EPS estimate fell from NT$74.31 to NT$73.43. Net income forecast to grow 50% next year vs 20% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$2,314 to NT$2,363. Share price fell 6.4% to NT$1,825 over the past week.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$15.02 (vs NT$13.18 in 2Q 2024)Second quarter 2025 results: EPS: NT$15.02 (up from NT$13.18 in 2Q 2024). Revenue: NT$3.39b (up 61% from 2Q 2024). Net income: NT$1.12b (up 20% from 2Q 2024). Profit margin: 33% (down from 44% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 10Dividend of NT$30.00 announcedShareholders will receive a dividend of NT$30.00. Ex-date: 23rd July 2025 Payment date: 15th August 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 73%.
お知らせ • Jun 03ASMedia Technology Inc. (TWSE:5269) completed the acquisition of acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others.ASMedia Technology Inc. (TWSE:5269) submitted a non-binding letter of intent to acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others for approximately $390 million on September 18, 2024. ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) on January 15, 2025. ASMedia will acquire all of the outstanding shares of Techpoint, including common stock underlying its Japanese Depositary Shares, for $20.00 per share in an all-cash transaction. ASMedia intends to fund the transaction with cash on hand. As part of the transaction, Techpoint’s Japanese Depositary Shares will no longer be traded on the Tokyo Stock Exchange, and Techpoint will become a wholly owned subsidiary of ASMedia. Upon termination of the Merger Agreement under specified limited circumstances, Techpoint will be required to pay ASMedia a termination fee of $7,520,000. Upon termination of the Merger Agreement under other specified limited circumstances, ASMedia will be required to pay Techpoint a termination fee of $12,000,000. ASMedia Technology Inc. (TWSE:5269) completed the acquisition of acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others on June 2, 2025.
Major Estimate Revision • May 20Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$11.1b to NT$12.4b. EPS estimate fell from NT$76.01 to NT$74.03. Net income forecast to grow 46% next year vs 16% growth forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$2,300. Share price rose 6.1% to NT$1,925 over the past week.
Reported Earnings • May 15First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$16.39 (up from NT$12.80 in 1Q 2024). Revenue: NT$2.51b (up 29% from 1Q 2024). Net income: NT$1.22b (up 38% from 1Q 2024). Profit margin: 49% (up from 46% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,970, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,391 per share.
お知らせ • May 03ASMedia Technology Inc. to Report Q1, 2025 Results on May 12, 2025ASMedia Technology Inc. announced that they will report Q1, 2025 results on May 12, 2025
Price Target Changed • Apr 23Price target decreased by 7.8% to NT$2,302Down from NT$2,497, the current price target is an average from 9 analysts. New target price is 41% above last closing price of NT$1,635. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$76.01 for next year compared to NT$51.57 last year.
Buy Or Sell Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to NT$1,460. The fair value is estimated to be NT$1,836, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 82% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.
お知らせ • Mar 20ASMedia Technology Inc., Annual General Meeting, Jun 13, 2025ASMedia Technology Inc., Annual General Meeting, Jun 13, 2025, at 09:00 Taipei Standard Time. Location: no,11, chung shan s. rd., jhongjheng district, taipei city Taiwan
分析記事 • Mar 20A Look At The Fair Value Of ASMedia Technology Inc. (TWSE:5269)Key Insights The projected fair value for ASMedia Technology is NT$1,961 based on 2 Stage Free Cash Flow to Equity With...
分析記事 • Mar 06ASMedia Technology's (TWSE:5269) Earnings Are Of Questionable QualityASMedia Technology Inc. ( TWSE:5269 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • Feb 28Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: NT$51.57 (up from NT$32.19 in FY 2023). Revenue: NT$8.08b (up 26% from FY 2023). Net income: NT$3.73b (up 68% from FY 2023). Profit margin: 46% (up from 35% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.
お知らせ • Feb 19ASMedia Technology Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025ASMedia Technology Inc. announced that they will report fiscal year 2024 results on Feb 26, 2025
分析記事 • Feb 04Is It Too Late To Consider Buying ASMedia Technology Inc. (TWSE:5269)?ASMedia Technology Inc. ( TWSE:5269 ), might not be a large cap stock, but it received a lot of attention from a...
分析記事 • Jan 20Returns On Capital At ASMedia Technology (TWSE:5269) Paint A Concerning PictureDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
お知らせ • Jan 16ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) for approximately $380 million.ASMedia Technology Inc. (TWSE:5269) submitted a non-binding letter of intent to acquire Techpoint, Inc. (TSE:6697) for approximately $380 million on September 18, 2024. ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) on January 15, 2025. ASMedia will acquire all of the outstanding shares of Techpoint, including common stock underlying its Japanese Depositary Shares, for $20.00 per share in an all-cash transaction. ASMedia intends to fund the transaction with cash on hand. As part of the transaction, Techpoint’s Japanese Depositary Shares will no longer be traded on the Tokyo Stock Exchange, and Techpoint will become a wholly owned subsidiary of ASMedia. Upon termination of the Merger Agreement under specified limited circumstances, Techpoint will be required to pay ASMedia a termination fee of $7,520,000. Upon termination of the Merger Agreement under other specified limited circumstances, ASMedia will be required to pay Techpoint a termination fee of $12,000,000. The transaction is subject to receipt of required regulatory approvals, approval by Techpoint shareholders, all required approvals obtained (or waiting periods expired or terminated) under applicable Antitrust Laws, CFIUS Approval, and Taiwan DIR Approval will have been obtained. The transaction has been unanimously approved by both ASMedia’s and Techpoint’s boards of directors. The transaction is expected to close in the second quarter or early third quarter in 2025. Citigroup Global Markets Asia Limited is serving as the exclusive financial advisor to ASMedia, with Miranda So and Xi Shi of Davis Polk & Wardwell LLP, Mori Hamada & Matsumoto, and Chen & Lin Attorneys-at-Law as legal advisors. Greenhill & Co., LLC, an affiliate of Mizuho Americas LLC, is serving as the exclusive financial advisor and fairness opinion provider to Techpoint, with James J. Masetti and Drew Simon-Rooke of Pillsbury Winthrop Shaw Pittman LLP and Anderson Mori & Tomotsune as legal advisors.
分析記事 • Dec 19Investors Still Waiting For A Pull Back In ASMedia Technology Inc. (TWSE:5269)ASMedia Technology Inc.'s ( TWSE:5269 ) price-to-earnings (or "P/E") ratio of 42.8x might make it look like a strong...
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$1,880, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 7.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,079 per share.
分析記事 • Nov 26ASMedia Technology Inc. (TWSE:5269) Shares Could Be 24% Above Their Intrinsic Value EstimateKey Insights ASMedia Technology's estimated fair value is NT$1,361 based on 2 Stage Free Cash Flow to Equity Current...
Buy Or Sell Opportunity • Nov 20Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$1,630. The fair value is estimated to be NT$1,358, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 6.2%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.
Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$13.06 (up from NT$9.74 in 3Q 2023). Revenue: NT$2.13b (up 23% from 3Q 2023). Net income: NT$974.2m (up 45% from 3Q 2023). Profit margin: 46% (up from 39% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Oct 30ASMedia Technology Inc. to Report Q3, 2024 Results on Nov 06, 2024ASMedia Technology Inc. announced that they will report Q3, 2024 results on Nov 06, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,710, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,739 per share.
分析記事 • Sep 23Is It Too Late To Consider Buying ASMedia Technology Inc. (TWSE:5269)?While ASMedia Technology Inc. ( TWSE:5269 ) might not have the largest market cap around , it saw significant share...
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$1,470, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,437 per share.
Major Estimate Revision • Aug 22Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$61.64 to NT$55.44 per share. Revenue forecast steady at NT$8.79b. Net income forecast to grow 57% next year vs 33% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$2,441 to NT$2,384. Share price rose 11% to NT$1,645 over the past week.
Buy Or Sell Opportunity • Aug 20Now 21% overvaluedOver the last 90 days, the stock has fallen 7.8% to NT$1,725. The fair value is estimated to be NT$1,421, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 76% in 2 years. Earnings are forecast to grow by 107% in the next 2 years.
分析記事 • Aug 19ASMedia Technology's (TWSE:5269) Solid Profits Have Weak FundamentalsUnsurprisingly, ASMedia Technology Inc.'s ( TWSE:5269 ) stock price was strong on the back of its healthy earnings...
Reported Earnings • Aug 13Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$13.18 (up from NT$7.08 in 2Q 2023). Revenue: NT$2.11b (up 35% from 2Q 2023). Net income: NT$935.8m (up 91% from 2Q 2023). Profit margin: 44% (up from 32% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$1,385, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,428 per share.
お知らせ • Jul 31ASMedia Technology Inc. to Report Q2, 2024 Results on Aug 07, 2024ASMedia Technology Inc. announced that they will report Q2, 2024 results on Aug 07, 2024
分析記事 • Jul 27What You Can Learn From ASMedia Technology Inc.'s (TWSE:5269) P/E After Its 27% Share Price CrashASMedia Technology Inc. ( TWSE:5269 ) shareholders won't be pleased to see that the share price has had a very rough...
分析記事 • Jul 24ASMedia Technology (TWSE:5269) Has Announced That Its Dividend Will Be Reduced To NT$18.58The board of ASMedia Technology Inc. ( TWSE:5269 ) has announced it will be reducing its dividend by 7.1% from last...
Declared Dividend • Jul 18Dividend reduced to NT$18.58Dividend of NT$18.58 is 7.1% lower than last year. Ex-date: 1st August 2024 Payment date: 21st August 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 147% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 17Asmedia Technology Inc. Approves Cash Dividend, Payable on August 21, 2024ASMedia Technology Inc. approved cash dividend of TWD TWD 1,387,270,360, each common share is entitled to receive TWD 18.58061407. Ex-rights (ex-dividend) trading date: August 1, 2024. Ex-rights (ex-dividend) record date: August 9, 2024. Payment date of cash dividend distribution: August 21, 2024.
New Risk • Jul 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Shareholders have been diluted in the past year (7.6% increase in shares outstanding).
お知らせ • Jun 19+ 1 more updateASMedia Technology Inc. Announces the Election of Kenneth Kin as Additional Member of Audit CommitteeASMedia Technology Inc. announced the election of Mr. Kenneth Kin as additional member of Audit Committee. Effective date of the new appointment is June 18, 2024.
お知らせ • May 03ASMedia Technology Inc. to Report Q1, 2024 Results on May 08, 2024ASMedia Technology Inc. announced that they will report Q1, 2024 results on May 08, 2024
Buy Or Sell Opportunity • May 02Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.6% to NT$1,990. The fair value is estimated to be NT$1,656, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 79% in 2 years. Earnings are forecast to grow by 185% in the next 2 years.
お知らせ • Apr 26ASMedia Technology Inc. announced a financing transactionASMedia Technology Inc. announced a private placement to issue 1,000,000 common shares on April 24, 2024. The transaction has been approved by shareholders of the company. The company has increased shares from 4,300,000 shares to 5,300,000 shares.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$1,805, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,291 per share.
Buy Or Sell Opportunity • Mar 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to NT$2,320. The fair value is estimated to be NT$1,932, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 70% in 2 years. Earnings are forecast to grow by 174% in the next 2 years.
お知らせ • Mar 21ASMedia Technology Inc., Annual General Meeting, Jun 18, 2024ASMedia Technology Inc., Annual General Meeting, Jun 18, 2024. Location: CHANG YUNG-FA FOUNDATION International Convention Center (No11.Zhongshan S.Rd.Taipei City 10048,Taiwan) Taipei City Taiwan Agenda: To consider 2023 Business Report; Audit Committee's Review Report on 2023 Annual Financial Statements; Remuneration Report on Company Employees and Directors 2023; Distribution of 2023 Earnings Report; and to discuss other matters.
分析記事 • Mar 15A Look At The Intrinsic Value Of ASMedia Technology Inc. (TWSE:5269)Key Insights ASMedia Technology's estimated fair value is NT$1,936 based on 2 Stage Free Cash Flow to Equity Current...
Major Estimate Revision • Mar 02Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$8.22b to NT$8.35b. EPS estimate increased from NT$51.39 to NT$57.38 per share. Net income forecast to grow 83% next year vs 21% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$2,014 to NT$2,409. Share price rose 4.2% to NT$2,375 over the past week.
分析記事 • Mar 02ASMedia Technology Inc. (TWSE:5269) Looks Just Right With A 28% Price JumpDespite an already strong run, ASMedia Technology Inc. ( TWSE:5269 ) shares have been powering on, with a gain of 28...
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,910, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,148 per share.
Price Target Changed • Dec 01Price target increased by 9.4% to NT$1,464Up from NT$1,338, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$1,515. Stock is up 93% over the past year. The company is forecast to post earnings per share of NT$31.51 for next year compared to NT$37.86 last year.
Price Target Changed • Nov 09Price target increased by 12% to NT$1,338Up from NT$1,197, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of NT$1,360. Stock is up 126% over the past year. The company is forecast to post earnings per share of NT$31.15 for next year compared to NT$37.86 last year.
New Risk • Oct 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (37% net profit margin).
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,200, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total loss to shareholders of 14% over the past three years.
New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 37% Last year net profit margin: 56% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (37% net profit margin).
Reported Earnings • Aug 14Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: NT$7.08 (down from NT$10.26 in 2Q 2022). Revenue: NT$1.56b (up 8.2% from 2Q 2022). Net income: NT$490.0m (down 31% from 2Q 2022). Profit margin: 32% (down from 49% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Jul 25Upcoming dividend of NT$20.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.3%).
お知らせ • Jul 15ASMedia Technology Inc. Announces Cash Dividend, Payable on August 25, 2023ASMedia Technology Inc. announced cash dividend of TWD TWD 1,387,295,480, each common share is entitled to receive TWD 20.00036215. Ex-rights (ex-dividend) trading date: August 1, 2023. Ex-rights (ex-dividend) record date: August 7, 2023. Payment date of cash dividend distribution: August 25, 2023.
New Risk • Jul 13New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change).
お知らせ • Jun 21ASMedia Technology Inc. Chairperson ChangesASMedia Technology Inc. announced the appointment of Ted Hsu, Vice chairperson/CSO of ASUSTeK Computer Inc. as chairperson of the company in place of Jerry Shen. Effective date of the new appointment is June 19, 2023.
Price Target Changed • May 13Price target increased by 7.8% to NT$1,255Up from NT$1,164, the current price target is an average from 10 analysts. New target price is 7.3% above last closing price of NT$1,170. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of NT$33.20 for next year compared to NT$37.86 last year.
お知らせ • May 11ASMedia Technology Inc. Appoints Martin Pan as Corporate Governance OfficerASMedia Technology Inc. announced the appointment of Corporate Governance Officer. Name, title, and resume of the new position holder: Martin Pan/Financial officer. Effective date: May 10, 2023.
Price Target Changed • Apr 28Price target increased by 9.7% to NT$1,164Up from NT$1,061, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$1,135. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$34.57 for next year compared to NT$37.86 last year.
Price Target Changed • Apr 21Price target increased by 9.7% to NT$1,164Up from NT$1,061, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$1,170. Stock is down 25% over the past year. The company is forecast to post earnings per share of NT$34.57 for next year compared to NT$37.86 last year.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,330, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,265, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$678 per share.
Reported Earnings • Mar 11Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: NT$37.86 (down from NT$46.23 in FY 2021). Revenue: NT$5.25b (down 13% from FY 2021). Net income: NT$2.62b (down 18% from FY 2021). Profit margin: 50% (down from 53% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 10Price target increased by 12% to NT$893Up from NT$799, the current price target is an average from 9 analysts. New target price is 18% below last closing price of NT$1,095. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$38.84 for next year compared to NT$46.23 last year.
Price Target Changed • Feb 23Price target increased by 9.2% to NT$799Up from NT$731, the current price target is an average from 9 analysts. New target price is 21% below last closing price of NT$1,015. Stock is down 41% over the past year. The company is forecast to post earnings per share of NT$38.84 for next year compared to NT$46.23 last year.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$946, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$744 per share.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$771, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$780 per share.
Buying Opportunity • Dec 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be NT$860, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 1.6% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hung-Chih Chan was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$10.76 (down from NT$14.55 in 3Q 2021). Revenue: NT$1.34b (down 25% from 3Q 2021). Net income: NT$744.3m (down 26% from 3Q 2021). Profit margin: 56% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 10Price target decreased to NT$782Down from NT$904, the current price target is an average from 8 analysts. New target price is 30% above last closing price of NT$601. Stock is down 63% over the past year. The company is forecast to post earnings per share of NT$40.97 for next year compared to NT$46.23 last year.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$626, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 22% over the past three years.
Price Target Changed • Oct 07Price target decreased to NT$1,041Down from NT$1,121, the current price target is an average from 8 analysts. New target price is 46% above last closing price of NT$713. Stock is down 54% over the past year. The company is forecast to post earnings per share of NT$43.62 for next year compared to NT$46.23 last year.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$670, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,251 per share.