View Past PerformanceAcer Cyber Security バランスシートの健全性財務の健全性 基準チェック /56Acer Cyber Securityの総株主資本はNT$2.9B 、総負債はNT$244.0Mで、負債比率は8.3%となります。総資産と総負債はそれぞれNT$4.7BとNT$1.8Bです。 Acer Cyber Securityの EBIT はNT$378.8Mで、利息カバレッジ比率-24.4です。現金および短期投資はNT$868.1Mです。主要情報8.31%負債資本比率NT$243.99m負債インタレスト・カバレッジ・レシオ-24.4x現金NT$868.14mエクイティNT$2.94b負債合計NT$1.78b総資産NT$4.72b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesUpcoming Dividend • 12hUpcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 25 June 2026. Payment date: 23 July 2026. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (4.1%).Price Target Changed • Jun 09Price target decreased by 9.0% to NT$203Down from NT$223, the current price target is an average from 2 analysts. New target price is 16% above last closing price of NT$174. Stock is down 6.5% over the past year. The company is forecast to post earnings per share of NT$11.67 for next year compared to NT$10.22 last year.Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$2.00 (up from NT$1.87 in 1Q 2025). Revenue: NT$624.8m (up 21% from 1Q 2025). Net income: NT$68.1m (up 21% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 28Dividend increased to NT$9.00Dividend of NT$9.00 is 50% higher than last year. Ex-date: 25th June 2026 Payment date: 23rd July 2026 Dividend yield will be 5.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 11% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 27Acer Cyber Security Inc. announces Annual dividend, payable on July 23, 2026Acer Cyber Security Inc. announced Annual dividend of TWD 9.0000 per share payable on July 23, 2026, ex-date on June 25, 2026 and record date on June 28, 2026.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$10.22 (vs NT$10.13 in FY 2024)Full year 2025 results: EPS: NT$10.22 (up from NT$10.13 in FY 2024). Revenue: NT$2.43b (up 13% from FY 2024). Net income: NT$306.7m (up 36% from FY 2024). Profit margin: 13% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 26Acer Cyber Security Inc., Annual General Meeting, May 27, 2026Acer Cyber Security Inc., Annual General Meeting, May 27, 2026. Location: 8 floor no,9, sec.3 nan kang rd., nangang district, taipei city TaiwanReported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$2.70 (vs NT$2.75 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.70. Revenue: NT$626.2m (up 12% from 3Q 2024). Net income: NT$80.9m (up 34% from 3Q 2024). Profit margin: 13% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT industry in Taiwan.Reported Earnings • Aug 05Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$2.50. Revenue: NT$597.7m (up 13% from 2Q 2024). Net income: NT$75.0m (up 34% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in Taiwan.Upcoming Dividend • Jun 26Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 29 July 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.9%).お知らせ • May 28Acer Cyber Security Inc. Approves Board AppointmentsAcer Cyber Security Inc. approved the election of Directors and Independent Directors, at its AGM held on May 27, 2025. The Newly-Elected Directors are: Director: Acer Incorporated Legal Representative: Maverick Shih, Director: Acer Incorporated Legal Representative: Meggy Chen and Director: Acer Incorporated Legal Representative: Jack Tsai. The new Independent Directors are Chie-Shiang Tong, Grace Lung, Dong-Chun Tsai and Jih-Chu Lee.お知らせ • Apr 22Acer Cyber Security Inc. to Report Q1, 2025 Results on Apr 29, 2025Acer Cyber Security Inc. announced that they will report Q1, 2025 results on Apr 29, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$145, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 35% over the past three years.Buy Or Sell Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$166. The fair value is estimated to be NT$213, 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. Earnings per share has grown by 19%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.Reported Earnings • Mar 03Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$10.13 (up from NT$8.66 in FY 2023). Revenue: NT$2.15b (up 16% from FY 2023). Net income: NT$225.8m (up 19% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year.お知らせ • Feb 25+ 1 more updateAcer Cyber Security Inc., Annual General Meeting, May 27, 2025Acer Cyber Security Inc., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 8 floor no,9, sec.3 nan kang rd., nangang district, taipei city Taiwanお知らせ • Feb 17Acer Cyber Security Inc. to Report Fiscal Year 2024 Results on Feb 24, 2025Acer Cyber Security Inc. announced that they will report fiscal year 2024 results on Feb 24, 2025New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major 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 Risks High level of non-cash earnings (75% accrual ratio). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risks High level of debt (41% net debt to equity). Paying a dividend despite having no free cash flows.お知らせ • Dec 20Acer Cyber Security Inc. has completed a Follow-on Equity Offering in the amount of TWD 1.6 billion.Acer Cyber Security Inc. has completed a Follow-on Equity Offering in the amount of TWD 1.6 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 6,400,000 Price\Range: TWD 200 Security Name: Common Shares Security Type: Common Stock Securities Offered: 1,600,000 Price\Range: TWD 200 Transaction Features: Reserved Share Offering; Rights OfferingNew Risk • Nov 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (75% accrual ratio). Minor Risks High level of debt (41% net debt to equity). Paying a dividend despite having no free cash flows.Reported Earnings • Nov 12Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$2.75 (up from NT$2.33 in 3Q 2023). Revenue: NT$561.4m (up 18% from 3Q 2023). Net income: NT$60.5m (up 18% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.5%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year.お知らせ • Nov 09Acer Cyber Security Inc. announced that it expects to receive TWD 300 million in funding from Acer IncorporatedAcer Cyber Security Inc. announced a private placement to issue common shares for the gross proceeds of TWD 300,000,000 on November 7, 2024. The transaction will incldude participation from returning investor ACER INCORPORATED with 100% stake. The transaction has been approved by shareholders of investors.お知らせ • Oct 23Acer Cyber Security Inc. to Report Q2, 2024 Results on Oct 29, 2024Acer Cyber Security Inc. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Oct 29, 2024Reported Earnings • Aug 03Second quarter 2024 earnings: Revenues exceed analyst expectationsSecond quarter 2024 results: Revenue: NT$529.8m (up 19% from 2Q 2023). Net income: NT$56.0m (up 23% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue exceeded analyst estimates by 5.3%.お知らせ • Jul 23Acer Cyber Security Inc. to Report Q2, 2024 Results on Jul 30, 2024Acer Cyber Security Inc. announced that they will report Q2, 2024 results on Jul 30, 2024Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$202, the stock trades at a trailing P/E ratio of 22.7x. Average forward P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 98% over the past three years.Upcoming Dividend • May 30Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 06 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.9%).Reported Earnings • May 09First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: NT$2.03 (up from NT$1.75 in 1Q 2023). Revenue: NT$451.6m (up 13% from 1Q 2023). Net income: NT$44.6m (up 16% from 1Q 2023). Profit margin: 9.9% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 25Acer Cyber Security Inc. to Report Q1, 2024 Results on Apr 30, 2024Acer Cyber Security Inc. announced that they will report Q1, 2024 results on Apr 30, 2024Declared Dividend • Feb 29Dividend increased to NT$5.20Dividend of NT$5.20 is 16% higher than last year. Ex-date: 6th June 2024 Payment date: 10th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.3% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: NT$8.66 (vs NT$7.92 in FY 2022)Full year 2023 results: EPS: NT$8.66 (up from NT$7.92 in FY 2022). Revenue: NT$1.84b (up 15% from FY 2022). Net income: NT$190.6m (up 23% from FY 2022). Profit margin: 10% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 28+ 2 more updatesAcer Cyber Security Inc. Announces Cash Dividend for the Fiscal Year Ended December 31, 2023, Payable on July 10, 2024Acer Cyber Security Inc. announced cash dividend of TWD 5.2 per share for the fiscal year ended December 31, 2023. Ex-rights (Ex-dividend) date is June 6, 2024. Ex-rights (Ex-dividend) record date is June 12, 2024. Payment date of cash dividend distribution is July 10, 2024.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: NT$2.33 (vs NT$2.03 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.33 (up from NT$2.03 in 3Q 2022). Revenue: NT$474.4m (up 18% from 3Q 2022). Net income: NT$51.2m (up 14% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: NT$2.07 (vs NT$1.94 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.07 (up from NT$1.94 in 2Q 2022). Revenue: NT$447.2m (up 14% from 2Q 2022). Net income: NT$45.6m (up 35% from 2Q 2022). Profit margin: 10% (up from 8.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 25Upcoming dividend of NT$4.50 per share at 2.4% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (3.8%).Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$220, the stock trades at a trailing P/E ratio of 31.4x. Average forward P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$142, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 53% over the past three years.Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: NT$1.94 (vs NT$1.21 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.94 (up from NT$1.21 in 2Q 2021). Revenue: NT$391.3m (up 91% from 2Q 2021). Net income: NT$33.9m (up 65% from 2Q 2021). Profit margin: 8.7% (down from 10.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • May 29+ 3 more updatesAcer Cyber Security Inc. Announces Management ChangesAcer Cyber Security Inc. announced Material Resolutions of the Company's 2022 General Shareholders' Meeting held on May 27, 2022. Important resolutions IV.Election for directors and supervisors: Seven Directors Be Elected (Including Four Independent Directors) The list of New Directors is as follows: (1)Director: Acer Incorporated Legal Representative: Maverick Shih (2)Director: Acer Incorporated Legal Representative: Tiffany Huang (3)Director: Acer Incorporated Legal Representative: Meggy Chen (4)Independent Director: Chie-Shiang Tong (5)Independent Director: Grace Lung (6)Independent Director: Dong-Chun Tsai (7)Independent Director: Jih-Chu Lee. Effective date of the new appointment: May 5, 2022. Title and name of the previous position holder: Director: (1)Acer Incorporated Legal Representative: Maverick Shih (2)Acer Incorporated Legal Representative: Ben Wan (3)Acer Incorporated Legal Representative: Meggy Chen Independent Director: (1)Ming-To Yu (2)Chie-Shiang Tong (aka: Sophia Tong) (3)Steve Ro. Resume of the previous position holder: Director: (1)Acer Incorporated Legal Representative: Maverick Shih/Chairman, ACSI (2)Acer Incorporated Legal Representative: Ben Wan/Director, ACSI (3)Acer Incorporated Legal Representative: Meggy Chen/Director, ACSI Independent Director: (1)Ming-To Yu/Independent Director, ACSI (2)Chie-Shiang Tong (aka: Sophia Tong)/Independent Director, ACSI (3)Steve Ro/Independent Director, ACSI. Resume of the new position holder: Director: (1)Acer Incorporated Legal Representative: Maverick Shih/Chairman, ACSI (2)Acer Incorporated Legal Representative: Tiffany Huang/Co-COO, Acer (3)Acer Incorporated Legal Representative: Meggy Chen/Director, ACSI Independent Director: (1)Chie-Shiang Tong (aka: Sophia Tong)/Independent Director, ACSI (2)Grace Lung/Chairman, Xiang Long Limited Company (3)Dong-Chun Tsai/Executive Director of EMBA/AMBA, National Cheng Kung University (4)Jih-Chu Lee/Vice Chairman, Shin Kong Bank Co. Ltd.Upcoming Dividend • May 20Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 27 May 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (6.1%). Lower than average of industry peers (4.6%).Buying Opportunity • May 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.7%. The fair value is estimated to be NT$144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 3.6%.Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$1.67 (vs NT$0.98 in 1Q 2021)First quarter 2022 results: EPS: NT$1.67 (up from NT$0.98 in 1Q 2021). Revenue: NT$359.0m (up 100% from 1Q 2021). Net income: NT$28.4m (up 70% from 1Q 2021). Profit margin: 7.9% (down from 9.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.お知らせ • Apr 16Acer Cyber Security Inc. Announces General Manager ChangesAcer Cyber Security Inc. announced General Manager changes. Name of the previous position holder: Ken Lin. Resume of the previous position holder: COO of EDC. Name of the new position holder: Rex Wu. Resume of the new position holder:General Manager of ACSI. Circumstances of change: Retirement. Effective date of the new appointment: April 15, 2022.Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$5.11 (up from NT$4.83 in FY 2020). Revenue: NT$852.4m (up 6.1% from FY 2020). Net income: NT$86.9m (up 5.7% from FY 2020). Profit margin: 10% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 26+ 1 more updateAcer Cyber Security Inc. Proposes Dividend Distribution for the Year Ended December 31, 2021, Payable on July 1, 2022Acer Cyber Security Inc. proposes dividend distribution of TWD 3.7 per share for the year ended December 31, 2021. Total amount of cash dividends to shareholders TWD 63,786,964. record date of June 04, 2022 and Payment date of cash dividend distribution of July 1, 2022.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.35 (vs NT$1.21 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$208.1m (up 5.7% from 3Q 2020). Net income: NT$22.9m (up 11% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.Upcoming Dividend • Aug 12Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 24 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (3.6%).Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.23 (vs NT$1.08 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$204.9m (up 12% from 2Q 2020). Net income: NT$20.5m (up 15% from 2Q 2020). Profit margin: 10.0% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$102, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 12x in the IT industry in Taiwan. Total loss to shareholders of 20% over the past year.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.96 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$180.0m (up 9.1% from 1Q 2020). Net income: NT$16.7m (up 4.9% from 1Q 2020). Profit margin: 9.3% (in line with 1Q 2020).分析記事 • Mar 19Returns On Capital - An Important Metric For Acer Cyber Security (GTSM:6690)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...お知らせ • Mar 17Acer Cyber Security Inc. Proposes Dividend Distribution for the Year Ended December 31, 2020Acer Cyber Security Inc. proposes dividend distribution of TWD 3.3 per share for the year ended December 31, 2020. Total amount of cash dividends to shareholders TWD 54,999,091.お知らせ • Mar 16Acer Cyber Security Inc., Annual General Meeting, Jun 16, 2021Acer Cyber Security Inc., Annual General Meeting, Jun 16, 2021. Location: 8F., No.560, Sec. 4 Zhongxiao E. Rd Taipei Taiwan Agenda: To consider business report for 2020; to consider audit committee's review report; to consider report on the distribution of cash dividend, execution of profit sharing bonus to employees and compensation to the directors for 2020; to consider ratification of business report and financial statements for 2020; to consider ratification of profit appropriation for 2020; and to consider approval of new shares issuance due to capital increase from earnings.Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$4.93 (vs NT$5.01 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$803.4m (up 25% from FY 2019). Net income: NT$82.2m (up 21% from FY 2019). Profit margin: 10% (in line with FY 2019).分析記事 • Feb 16How Does Acer Cyber Security Inc. (GTSM:6690) Fare As A Dividend Stock?Today we'll take a closer look at Acer Cyber Security Inc. ( GTSM:6690 ) from a dividend investor's perspective. Owning...Is New 90 Day High Low • Jan 28New 90-day low: NT$123The company is down 18% from its price of NT$150 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 5.0% over the same period.分析記事 • Jan 26Should Weakness in Acer Cyber Security Inc.'s (GTSM:6690) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?Acer Cyber Security (GTSM:6690) has had a rough three months with its share price down 17%. However, stock prices are...Is New 90 Day High Low • Jan 12New 90-day low: NT$136The company is down 13% from its price of NT$156 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period.分析記事 • Jan 08Did Acer Cyber Security's (GTSM:6690) Share Price Deserve to Gain 39%?While Acer Cyber Security Inc. ( GTSM:6690 ) shareholders are probably generally happy, the stock hasn't had...Is New 90 Day High Low • Dec 22New 90-day low: NT$144The company is down 8.0% from its price of NT$156 on 24 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period.分析記事 • Dec 15Here’s What’s Happening With Returns At Acer Cyber Security (GTSM:6690)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Is New 90 Day High Low • Nov 28New 90-day low: NT$149The company is down 15% from its price of NT$176 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period.分析記事 • Nov 27We're Not So Sure You Should Rely on Acer Cyber Security's (GTSM:6690) Statutory EarningsIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS NT$1.24The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$196.8m (up 14% from 3Q 2019). Net income: NT$20.6m (up 33% from 3Q 2019). Profit margin: 11% (up from 9.0% in 3Q 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Nov 03New 90-day low: NT$149The company is down 18% from its price of NT$181 on 05 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.Is New 90 Day High Low • Oct 16New 90-day low: NT$155The company is down 11% from its price of NT$174 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$156The company is down 7.0% from its price of NT$169 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.財務状況分析短期負債: 6690の 短期資産 ( NT$2.5B ) が 短期負債 ( NT$1.2B ) を超えています。長期負債: 6690の短期資産 ( NT$2.5B ) が 長期負債 ( NT$615.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 6690総負債よりも多くの現金を保有しています。負債の削減: 6690の負債対資本比率は、過去 5 年間で0%から8.3%に増加しました。債務返済能力: 6690の負債は 営業キャッシュフロー によって 十分にカバー されています ( 526.5% )。インタレストカバレッジ: 6690支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/06/18 20:02終値2026/06/18 00:00収益2026/03/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Acer Cyber Security Inc. 2 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。1 アナリスト機関Zhizhong ChenCapital Securities Corporation
Upcoming Dividend • 12hUpcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 25 June 2026. Payment date: 23 July 2026. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (4.1%).
Price Target Changed • Jun 09Price target decreased by 9.0% to NT$203Down from NT$223, the current price target is an average from 2 analysts. New target price is 16% above last closing price of NT$174. Stock is down 6.5% over the past year. The company is forecast to post earnings per share of NT$11.67 for next year compared to NT$10.22 last year.
Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$2.00 (up from NT$1.87 in 1Q 2025). Revenue: NT$624.8m (up 21% from 1Q 2025). Net income: NT$68.1m (up 21% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 28Dividend increased to NT$9.00Dividend of NT$9.00 is 50% higher than last year. Ex-date: 25th June 2026 Payment date: 23rd July 2026 Dividend yield will be 5.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 11% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 27Acer Cyber Security Inc. announces Annual dividend, payable on July 23, 2026Acer Cyber Security Inc. announced Annual dividend of TWD 9.0000 per share payable on July 23, 2026, ex-date on June 25, 2026 and record date on June 28, 2026.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$10.22 (vs NT$10.13 in FY 2024)Full year 2025 results: EPS: NT$10.22 (up from NT$10.13 in FY 2024). Revenue: NT$2.43b (up 13% from FY 2024). Net income: NT$306.7m (up 36% from FY 2024). Profit margin: 13% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 26Acer Cyber Security Inc., Annual General Meeting, May 27, 2026Acer Cyber Security Inc., Annual General Meeting, May 27, 2026. Location: 8 floor no,9, sec.3 nan kang rd., nangang district, taipei city Taiwan
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$2.70 (vs NT$2.75 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.70. Revenue: NT$626.2m (up 12% from 3Q 2024). Net income: NT$80.9m (up 34% from 3Q 2024). Profit margin: 13% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT industry in Taiwan.
Reported Earnings • Aug 05Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$2.50. Revenue: NT$597.7m (up 13% from 2Q 2024). Net income: NT$75.0m (up 34% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in Taiwan.
Upcoming Dividend • Jun 26Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 29 July 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.9%).
お知らせ • May 28Acer Cyber Security Inc. Approves Board AppointmentsAcer Cyber Security Inc. approved the election of Directors and Independent Directors, at its AGM held on May 27, 2025. The Newly-Elected Directors are: Director: Acer Incorporated Legal Representative: Maverick Shih, Director: Acer Incorporated Legal Representative: Meggy Chen and Director: Acer Incorporated Legal Representative: Jack Tsai. The new Independent Directors are Chie-Shiang Tong, Grace Lung, Dong-Chun Tsai and Jih-Chu Lee.
お知らせ • Apr 22Acer Cyber Security Inc. to Report Q1, 2025 Results on Apr 29, 2025Acer Cyber Security Inc. announced that they will report Q1, 2025 results on Apr 29, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$145, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 35% over the past three years.
Buy Or Sell Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$166. The fair value is estimated to be NT$213, 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. Earnings per share has grown by 19%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.
Reported Earnings • Mar 03Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$10.13 (up from NT$8.66 in FY 2023). Revenue: NT$2.15b (up 16% from FY 2023). Net income: NT$225.8m (up 19% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year.
お知らせ • Feb 25+ 1 more updateAcer Cyber Security Inc., Annual General Meeting, May 27, 2025Acer Cyber Security Inc., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 8 floor no,9, sec.3 nan kang rd., nangang district, taipei city Taiwan
お知らせ • Feb 17Acer Cyber Security Inc. to Report Fiscal Year 2024 Results on Feb 24, 2025Acer Cyber Security Inc. announced that they will report fiscal year 2024 results on Feb 24, 2025
New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major 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 Risks High level of non-cash earnings (75% accrual ratio). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risks High level of debt (41% net debt to equity). Paying a dividend despite having no free cash flows.
お知らせ • Dec 20Acer Cyber Security Inc. has completed a Follow-on Equity Offering in the amount of TWD 1.6 billion.Acer Cyber Security Inc. has completed a Follow-on Equity Offering in the amount of TWD 1.6 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 6,400,000 Price\Range: TWD 200 Security Name: Common Shares Security Type: Common Stock Securities Offered: 1,600,000 Price\Range: TWD 200 Transaction Features: Reserved Share Offering; Rights Offering
New Risk • Nov 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (75% accrual ratio). Minor Risks High level of debt (41% net debt to equity). Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 12Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$2.75 (up from NT$2.33 in 3Q 2023). Revenue: NT$561.4m (up 18% from 3Q 2023). Net income: NT$60.5m (up 18% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.5%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year.
お知らせ • Nov 09Acer Cyber Security Inc. announced that it expects to receive TWD 300 million in funding from Acer IncorporatedAcer Cyber Security Inc. announced a private placement to issue common shares for the gross proceeds of TWD 300,000,000 on November 7, 2024. The transaction will incldude participation from returning investor ACER INCORPORATED with 100% stake. The transaction has been approved by shareholders of investors.
お知らせ • Oct 23Acer Cyber Security Inc. to Report Q2, 2024 Results on Oct 29, 2024Acer Cyber Security Inc. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Oct 29, 2024
Reported Earnings • Aug 03Second quarter 2024 earnings: Revenues exceed analyst expectationsSecond quarter 2024 results: Revenue: NT$529.8m (up 19% from 2Q 2023). Net income: NT$56.0m (up 23% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue exceeded analyst estimates by 5.3%.
お知らせ • Jul 23Acer Cyber Security Inc. to Report Q2, 2024 Results on Jul 30, 2024Acer Cyber Security Inc. announced that they will report Q2, 2024 results on Jul 30, 2024
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$202, the stock trades at a trailing P/E ratio of 22.7x. Average forward P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 98% over the past three years.
Upcoming Dividend • May 30Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 06 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.9%).
Reported Earnings • May 09First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: NT$2.03 (up from NT$1.75 in 1Q 2023). Revenue: NT$451.6m (up 13% from 1Q 2023). Net income: NT$44.6m (up 16% from 1Q 2023). Profit margin: 9.9% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 25Acer Cyber Security Inc. to Report Q1, 2024 Results on Apr 30, 2024Acer Cyber Security Inc. announced that they will report Q1, 2024 results on Apr 30, 2024
Declared Dividend • Feb 29Dividend increased to NT$5.20Dividend of NT$5.20 is 16% higher than last year. Ex-date: 6th June 2024 Payment date: 10th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.3% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: NT$8.66 (vs NT$7.92 in FY 2022)Full year 2023 results: EPS: NT$8.66 (up from NT$7.92 in FY 2022). Revenue: NT$1.84b (up 15% from FY 2022). Net income: NT$190.6m (up 23% from FY 2022). Profit margin: 10% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 28+ 2 more updatesAcer Cyber Security Inc. Announces Cash Dividend for the Fiscal Year Ended December 31, 2023, Payable on July 10, 2024Acer Cyber Security Inc. announced cash dividend of TWD 5.2 per share for the fiscal year ended December 31, 2023. Ex-rights (Ex-dividend) date is June 6, 2024. Ex-rights (Ex-dividend) record date is June 12, 2024. Payment date of cash dividend distribution is July 10, 2024.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: NT$2.33 (vs NT$2.03 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.33 (up from NT$2.03 in 3Q 2022). Revenue: NT$474.4m (up 18% from 3Q 2022). Net income: NT$51.2m (up 14% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: NT$2.07 (vs NT$1.94 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.07 (up from NT$1.94 in 2Q 2022). Revenue: NT$447.2m (up 14% from 2Q 2022). Net income: NT$45.6m (up 35% from 2Q 2022). Profit margin: 10% (up from 8.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 25Upcoming dividend of NT$4.50 per share at 2.4% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (3.8%).
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$220, the stock trades at a trailing P/E ratio of 31.4x. Average forward P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$142, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 53% over the past three years.
Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: NT$1.94 (vs NT$1.21 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.94 (up from NT$1.21 in 2Q 2021). Revenue: NT$391.3m (up 91% from 2Q 2021). Net income: NT$33.9m (up 65% from 2Q 2021). Profit margin: 8.7% (down from 10.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • May 29+ 3 more updatesAcer Cyber Security Inc. Announces Management ChangesAcer Cyber Security Inc. announced Material Resolutions of the Company's 2022 General Shareholders' Meeting held on May 27, 2022. Important resolutions IV.Election for directors and supervisors: Seven Directors Be Elected (Including Four Independent Directors) The list of New Directors is as follows: (1)Director: Acer Incorporated Legal Representative: Maverick Shih (2)Director: Acer Incorporated Legal Representative: Tiffany Huang (3)Director: Acer Incorporated Legal Representative: Meggy Chen (4)Independent Director: Chie-Shiang Tong (5)Independent Director: Grace Lung (6)Independent Director: Dong-Chun Tsai (7)Independent Director: Jih-Chu Lee. Effective date of the new appointment: May 5, 2022. Title and name of the previous position holder: Director: (1)Acer Incorporated Legal Representative: Maverick Shih (2)Acer Incorporated Legal Representative: Ben Wan (3)Acer Incorporated Legal Representative: Meggy Chen Independent Director: (1)Ming-To Yu (2)Chie-Shiang Tong (aka: Sophia Tong) (3)Steve Ro. Resume of the previous position holder: Director: (1)Acer Incorporated Legal Representative: Maverick Shih/Chairman, ACSI (2)Acer Incorporated Legal Representative: Ben Wan/Director, ACSI (3)Acer Incorporated Legal Representative: Meggy Chen/Director, ACSI Independent Director: (1)Ming-To Yu/Independent Director, ACSI (2)Chie-Shiang Tong (aka: Sophia Tong)/Independent Director, ACSI (3)Steve Ro/Independent Director, ACSI. Resume of the new position holder: Director: (1)Acer Incorporated Legal Representative: Maverick Shih/Chairman, ACSI (2)Acer Incorporated Legal Representative: Tiffany Huang/Co-COO, Acer (3)Acer Incorporated Legal Representative: Meggy Chen/Director, ACSI Independent Director: (1)Chie-Shiang Tong (aka: Sophia Tong)/Independent Director, ACSI (2)Grace Lung/Chairman, Xiang Long Limited Company (3)Dong-Chun Tsai/Executive Director of EMBA/AMBA, National Cheng Kung University (4)Jih-Chu Lee/Vice Chairman, Shin Kong Bank Co. Ltd.
Upcoming Dividend • May 20Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 27 May 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (6.1%). Lower than average of industry peers (4.6%).
Buying Opportunity • May 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.7%. The fair value is estimated to be NT$144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 3.6%.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$1.67 (vs NT$0.98 in 1Q 2021)First quarter 2022 results: EPS: NT$1.67 (up from NT$0.98 in 1Q 2021). Revenue: NT$359.0m (up 100% from 1Q 2021). Net income: NT$28.4m (up 70% from 1Q 2021). Profit margin: 7.9% (down from 9.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Apr 16Acer Cyber Security Inc. Announces General Manager ChangesAcer Cyber Security Inc. announced General Manager changes. Name of the previous position holder: Ken Lin. Resume of the previous position holder: COO of EDC. Name of the new position holder: Rex Wu. Resume of the new position holder:General Manager of ACSI. Circumstances of change: Retirement. Effective date of the new appointment: April 15, 2022.
Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$5.11 (up from NT$4.83 in FY 2020). Revenue: NT$852.4m (up 6.1% from FY 2020). Net income: NT$86.9m (up 5.7% from FY 2020). Profit margin: 10% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 26+ 1 more updateAcer Cyber Security Inc. Proposes Dividend Distribution for the Year Ended December 31, 2021, Payable on July 1, 2022Acer Cyber Security Inc. proposes dividend distribution of TWD 3.7 per share for the year ended December 31, 2021. Total amount of cash dividends to shareholders TWD 63,786,964. record date of June 04, 2022 and Payment date of cash dividend distribution of July 1, 2022.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.35 (vs NT$1.21 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$208.1m (up 5.7% from 3Q 2020). Net income: NT$22.9m (up 11% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.
Upcoming Dividend • Aug 12Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 24 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (3.6%).
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.23 (vs NT$1.08 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$204.9m (up 12% from 2Q 2020). Net income: NT$20.5m (up 15% from 2Q 2020). Profit margin: 10.0% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$102, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 12x in the IT industry in Taiwan. Total loss to shareholders of 20% over the past year.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.96 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$180.0m (up 9.1% from 1Q 2020). Net income: NT$16.7m (up 4.9% from 1Q 2020). Profit margin: 9.3% (in line with 1Q 2020).
分析記事 • Mar 19Returns On Capital - An Important Metric For Acer Cyber Security (GTSM:6690)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
お知らせ • Mar 17Acer Cyber Security Inc. Proposes Dividend Distribution for the Year Ended December 31, 2020Acer Cyber Security Inc. proposes dividend distribution of TWD 3.3 per share for the year ended December 31, 2020. Total amount of cash dividends to shareholders TWD 54,999,091.
お知らせ • Mar 16Acer Cyber Security Inc., Annual General Meeting, Jun 16, 2021Acer Cyber Security Inc., Annual General Meeting, Jun 16, 2021. Location: 8F., No.560, Sec. 4 Zhongxiao E. Rd Taipei Taiwan Agenda: To consider business report for 2020; to consider audit committee's review report; to consider report on the distribution of cash dividend, execution of profit sharing bonus to employees and compensation to the directors for 2020; to consider ratification of business report and financial statements for 2020; to consider ratification of profit appropriation for 2020; and to consider approval of new shares issuance due to capital increase from earnings.
Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$4.93 (vs NT$5.01 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$803.4m (up 25% from FY 2019). Net income: NT$82.2m (up 21% from FY 2019). Profit margin: 10% (in line with FY 2019).
分析記事 • Feb 16How Does Acer Cyber Security Inc. (GTSM:6690) Fare As A Dividend Stock?Today we'll take a closer look at Acer Cyber Security Inc. ( GTSM:6690 ) from a dividend investor's perspective. Owning...
Is New 90 Day High Low • Jan 28New 90-day low: NT$123The company is down 18% from its price of NT$150 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 5.0% over the same period.
分析記事 • Jan 26Should Weakness in Acer Cyber Security Inc.'s (GTSM:6690) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?Acer Cyber Security (GTSM:6690) has had a rough three months with its share price down 17%. However, stock prices are...
Is New 90 Day High Low • Jan 12New 90-day low: NT$136The company is down 13% from its price of NT$156 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period.
分析記事 • Jan 08Did Acer Cyber Security's (GTSM:6690) Share Price Deserve to Gain 39%?While Acer Cyber Security Inc. ( GTSM:6690 ) shareholders are probably generally happy, the stock hasn't had...
Is New 90 Day High Low • Dec 22New 90-day low: NT$144The company is down 8.0% from its price of NT$156 on 24 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period.
分析記事 • Dec 15Here’s What’s Happening With Returns At Acer Cyber Security (GTSM:6690)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Is New 90 Day High Low • Nov 28New 90-day low: NT$149The company is down 15% from its price of NT$176 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period.
分析記事 • Nov 27We're Not So Sure You Should Rely on Acer Cyber Security's (GTSM:6690) Statutory EarningsIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS NT$1.24The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$196.8m (up 14% from 3Q 2019). Net income: NT$20.6m (up 33% from 3Q 2019). Profit margin: 11% (up from 9.0% in 3Q 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Nov 03New 90-day low: NT$149The company is down 18% from its price of NT$181 on 05 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Oct 16New 90-day low: NT$155The company is down 11% from its price of NT$174 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$156The company is down 7.0% from its price of NT$169 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.