Argosy Research（3217）株式概要Argosy Research Inc.は、アジア、米国、および国際的に電子部品やコネクタを製造・販売している。 詳細3217 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金5/6報酬当社が推定した公正価値より31.2%で取引されている 過去1年間で収益は12.8%増加しました リスク分析不安定な配当実績 すべてのリスクチェックを見る3217 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$176.004.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture06b2016201920222025202620282031Revenue NT$6.1bEarnings NT$1.7bAdvancedSet Fair ValueView all narrativesArgosy Research Inc. 競合他社Posiflex TechnologySymbol: TWSE:8114Market cap: NT$15.2bFlytech TechnologySymbol: TWSE:6206Market cap: NT$17.0bPSSLtdSymbol: TWSE:6914Market cap: NT$9.6bClimax TechnologySymbol: TPEX:7689Market cap: NT$12.6b価格と性能株価の高値、安値、推移の概要Argosy Research過去の株価現在の株価NT$176.0052週高値NT$208.5052週安値NT$145.00ベータ1.211ヶ月の変化12.10%3ヶ月変化14.66%1年変化19.73%3年間の変化70.87%5年間の変化83.33%IPOからの変化619.81%最新ニュースValuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$187, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$268 per share.Major Estimate Revision • Mar 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$4.71b to NT$4.53b. EPS estimate also fell from NT$15.17 per share to NT$13.32 per share. Net income forecast to grow 5.0% next year vs 24% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$217 to NT$195. Share price rose 4.0% to NT$156 over the past week.Price Target Changed • Mar 13Price target decreased by 10% to NT$195Down from NT$217, the current price target is an average from 2 analysts. New target price is 23% above last closing price of NT$158. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$13.32 for next year compared to NT$12.69 last year.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$12.69 (vs NT$11.25 in FY 2024)Full year 2025 results: EPS: NT$12.69 (up from NT$11.25 in FY 2024). Revenue: NT$4.15b (up 19% from FY 2024). Net income: NT$1.14b (up 13% from FY 2024). Profit margin: 28% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 05Argosy Research Inc., Annual General Meeting, Jun 11, 2026Argosy Research Inc., Annual General Meeting, Jun 11, 2026. Location: no,773, ming hu rd., hsinchu city TaiwanReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$4.21 (vs NT$3.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.21 (up from NT$3.49 in 3Q 2024). Revenue: NT$1.13b (up 8.6% from 3Q 2024). Net income: NT$378.9m (up 20% from 3Q 2024). Profit margin: 34% (up from 30% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$187, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$268 per share.Major Estimate Revision • Mar 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$4.71b to NT$4.53b. EPS estimate also fell from NT$15.17 per share to NT$13.32 per share. Net income forecast to grow 5.0% next year vs 24% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$217 to NT$195. Share price rose 4.0% to NT$156 over the past week.Price Target Changed • Mar 13Price target decreased by 10% to NT$195Down from NT$217, the current price target is an average from 2 analysts. New target price is 23% above last closing price of NT$158. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$13.32 for next year compared to NT$12.69 last year.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$12.69 (vs NT$11.25 in FY 2024)Full year 2025 results: EPS: NT$12.69 (up from NT$11.25 in FY 2024). Revenue: NT$4.15b (up 19% from FY 2024). Net income: NT$1.14b (up 13% from FY 2024). Profit margin: 28% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 05Argosy Research Inc., Annual General Meeting, Jun 11, 2026Argosy Research Inc., Annual General Meeting, Jun 11, 2026. Location: no,773, ming hu rd., hsinchu city TaiwanReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$4.21 (vs NT$3.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.21 (up from NT$3.49 in 3Q 2024). Revenue: NT$1.13b (up 8.6% from 3Q 2024). Net income: NT$378.9m (up 20% from 3Q 2024). Profit margin: 34% (up from 30% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$2.30 (vs NT$2.47 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.30 (down from NT$2.47 in 2Q 2024). Revenue: NT$1.05b (up 33% from 2Q 2024). Net income: NT$207.3m (down 6.8% from 2Q 2024). Profit margin: 20% (down from 28% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 27Upcoming dividend of NT$8.81 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).お知らせ • Jun 20Argosy Research Inc Approves Adjust Cash DividendArgosy Research Inc. approved total cash dividends of TWD 792,916,987 (TWD 8.81 per share). Reason for the change: Due to the changes in the total number of outstanding common shares resulting from the repurchase of treasury shares,The Chairman decided to adjust the dividend distribution ratio on 2025/06/17 based on the authorization of the Board of Directors.Declared Dividend • Jun 13Dividend increased to NT$8.80Dividend of NT$8.80 is 38% higher than last year. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile 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.お知らせ • May 15Argosy Research Inc. Announces Resignation of HSU, CHIN-MEI as Chief Internal Auditor, Effective May 31, 2025Argosy Research Inc. announced the resignation of HSU, CHIN-MEI from the position of Chief Internal Auditor, effective May 31, 2025. The Audit deputy will temporarily act as the Chief Internal Auditor until the new Chief Internal Auditor takes office and is approved by the Board of Directors.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$2.96 (vs NT$2.22 in 1Q 2024)First quarter 2025 results: EPS: NT$2.96 (up from NT$2.22 in 1Q 2024). Revenue: NT$923.7m (up 35% from 1Q 2024). Net income: NT$266.8m (up 34% from 1Q 2024). Profit margin: 29% (in line with 1Q 2024). 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 19% per year.お知らせ • Apr 25Argosy Research Inc. to Report Q1, 2025 Results on Apr 25, 2025Argosy Research Inc. announced that they will report Q1, 2025 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$126, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 46% over the past three years.お知らせ • Mar 06+ 1 more updateArgosy Research Inc., Annual General Meeting, Jun 11, 2025Argosy Research Inc., Annual General Meeting, Jun 11, 2025. Location: no,773, ming hu rd., hsinchu city Taiwanお知らせ • Feb 25Argosy Research Inc. to Report Fiscal Year 2024 Results on Mar 05, 2025Argosy Research Inc. announced that they will report fiscal year 2024 results on Mar 05, 2025お知らせ • Jan 16Argosy Research Inc. Announces Change in Corporate Governance OfficerOn January 15, 2025, Argosy Research Inc. announced change in corporate governance officer. Name, title, and resume of the previous position holder: corporate governance officer: FAN YU CHEN/CFO & Corporate governance officer. Name, title, and resume of the new position holder: corporate governance officer: CHIU,CHIH-YU/Chief internal auditor Reason for the change: position adjustment. Effective date: January 15, 2025.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 13Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$3.49 (up from NT$3.19 in 3Q 2023). Revenue: NT$1.04b (up 16% from 3Q 2023). Net income: NT$314.7m (up 9.8% from 3Q 2023). Profit margin: 30% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.8%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 16% per year.お知らせ • Nov 02Argosy Research Inc. Announces New Nomination CommitteeArgosy Research Inc. announced the new Nomination Committee. Name of the new position holder: Lin,Min-Cheng; Chen Chi-Yuan; and Chen Chih-Yung. Resume of the new position holder: Lin,Min-Cheng/The Company's director. Chen Chi-Yuan/The Company's independent director. Chen Chih-Yung/The Company's independent director. Effective date of the new member: November 1, 2024.お知らせ • Oct 25Argosy Research Inc. to Report Q3, 2024 Results on Nov 01, 2024Argosy Research Inc. announced that they will report Q3, 2024 results on Nov 01, 2024Reported Earnings • Aug 17Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$2.47 (up from NT$1.75 in 2Q 2023). Revenue: NT$792.3m (up 10% from 2Q 2023). Net income: NT$222.6m (up 42% from 2Q 2023). Profit margin: 28% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jul 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.2% to NT$148. The fair value is estimated to be NT$186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.3%.お知らせ • Jul 20Argosy Research Inc. to Report Q2, 2024 Results on Jul 24, 2024Argosy Research Inc. announced that they will report Q2, 2024 results on Jul 24, 2024Declared Dividend • Jun 14Dividend of NT$6.40 announcedShareholders will receive a dividend of NT$6.40. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 14Argosy Research Inc. Approves Cash Dividends, Payable on July 31, 2024Argosy Research Inc. at its AGM held on June 12, 2024, approved total cash dividends of TWD 576,666,899 (TWD 6.40 per share). Ex-rights (Ex-dividend) date: July 4, 2024. Ex-rights (Ex-dividend) record date: July 10, 2024. Payment date of cash dividend distribution: July 31, 2024.Reported Earnings • May 19First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: EPS: NT$2.22 (up from NT$1.07 in 1Q 2023). Revenue: NT$682.3m (up 16% from 1Q 2023). Net income: NT$199.7m (up 109% from 1Q 2023). Profit margin: 29% (up from 16% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 19Argosy Research Inc. to Report Q1, 2024 Results on Apr 25, 2024Argosy Research Inc. announced that they will report Q1, 2024 results on Apr 25, 2024Price Target Changed • Mar 27Price target increased by 14% to NT$200Up from NT$175, the current price target is provided by 1 analyst. New target price is 11% above last closing price of NT$181. Stock is up 66% over the past year. The company is forecast to post earnings per share of NT$10.80 for next year compared to NT$8.11 last year.Reported Earnings • Mar 17Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$8.11 (up from NT$6.80 in FY 2022). Revenue: NT$3.00b (up 15% from FY 2022). Net income: NT$728.7m (up 19% from FY 2022). Profit margin: 24% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Mar 08Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$169. The fair value is estimated to be NT$219, however this is not to be taken as a buy 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 2.8%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 36% in the next year.お知らせ • Mar 07+ 1 more updateArgosy Research Inc., Annual General Meeting, Jun 12, 2024Argosy Research Inc., Annual General Meeting, Jun 12, 2024. Location: Hall A1, Xiangxie Pavilion, Lakeshore Hotel Hsinchu (No.773, Minghu Road, Hsinchu City) Hsinchu City Taiwan Agenda: To consider Business report for fiscal year 2023; to consider Audit committee's Audit Report of 2023; to consider Report on 2023 Employee's and Directors' Compensation; and to consider any other matters.お知らせ • Feb 21Argosy Research Inc. Announces Resignation of Lu,Cheng-Xi as Chief Internal Auditor, Effective from February 29, 2024Argosy Research Inc. announces resignation of LU,CHENG-XI as Chief internal auditor. Effective date February 29, 2024. The Audit deputy will temporarily act as the chief internal auditor until the new chief internal auditor takes office and be approved by the Board of Directors. The Audit deputy will temporarily act as the chief internal auditor until the new chief internal auditor takes office and be approved by the Board of Directors. Date of occurrence of the change February 20, 2024.Buy Or Sell Opportunity • Feb 19Now 20% undervaluedOver the last 90 days, the stock has risen 15% to NT$176. The fair value is estimated to be NT$220, however this is not to be taken as a buy 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 2.8%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 36% in the next year.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 28%After last week's 28% share price gain to NT$149, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2023 results: EPS: NT$1.75. Revenue: NT$717.8m (up 12% from 2Q 2022). Net income: NT$157.3m (flat on 2Q 2022). Profit margin: 22% (down from 25% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates.Upcoming Dividend • Jul 06Upcoming dividend of NT$5.35 per share at 4.0% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.2%).New Risk • Jun 10New 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 6.3% 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 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 (6.3% average weekly change).Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$127, the stock trades at a trailing P/E ratio of 20.9x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 57% over the past three years.Reported Earnings • Mar 29Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$6.80 (down from NT$7.11 in FY 2021). Revenue: NT$2.61b (down 14% from FY 2021). Net income: NT$610.7m (down 4.6% from FY 2021). Profit margin: 23% (up from 21% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Mar 13Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be NT$124, 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 11%. Revenue is forecast to grow by 21% in a year. Earnings is forecast to grow by 16% in the next year.Buying Opportunity • Feb 22Now 23% undervaluedOver the last 90 days, the stock is up 5.9%. The fair value is estimated to be NT$124, 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 11%. Revenue is forecast to grow by 21% in a year. Earnings is forecast to grow by 16% in the next year.Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from NT$2.89b to NT$2.61b. EPS estimate also fell from NT$8.02 per share to NT$7.14 per share. Net income forecast to grow 38% next year vs 5.5% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$81.00 unchanged from last update. Share price rose 16% to NT$82.90 over the past week.Price Target Changed • Nov 16Price target decreased to NT$81.00Down from NT$111, the current price target is provided by 1 analyst. New target price is 9.5% above last closing price of NT$74.00. Stock is down 23% over the past year. The company is forecast to post earnings per share of NT$8.02 for next year compared to NT$7.11 last year.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$70.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 36% over the past three years.Price Target Changed • Oct 09Price target decreased to NT$81.00Down from NT$111, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$67.60. Stock is down 23% over the past year. The company is forecast to post earnings per share of NT$8.02 for next year compared to NT$7.11 last year.Reported Earnings • Aug 14Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.74 (up from NT$1.47 in 2Q 2021). Revenue: NT$641.1m (down 8.3% from 2Q 2021). Net income: NT$157.5m (up 19% from 2Q 2021). Profit margin: 25% (up from 19% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 9.4%. Over the next year, revenue is forecast to grow 18%, compared to a 8.7% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% 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 • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$74.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years.Upcoming Dividend • Jun 16Upcoming dividend of NT$5.60 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 21 July 2022. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.3%).Major Estimate Revision • May 16Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$3.83b to NT$3.27b. EPS estimate fell from NT$9.80 to NT$8.03 per share. Net income forecast to grow 21% next year vs 11% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$153 to NT$116. Share price fell 5.1% to NT$87.00 over the past week.Price Target Changed • May 11Price target decreased to NT$116Down from NT$160, the current price target is provided by 1 analyst. New target price is 29% above last closing price of NT$89.20. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of NT$8.03 for next year compared to NT$7.11 last year.Reported Earnings • May 10First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.80 (up from NT$1.55 in 1Q 2021). Revenue: NT$736.6m (up 8.8% from 1Q 2021). Net income: NT$161.8m (up 16% from 1Q 2021). Profit margin: 22% (up from 21% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 28%, compared to a 9.9% growth forecast for the 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 23% per year.Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$7.11. Revenue: NT$3.02b (up 16% from FY 2020). Net income: NT$640.2m (up 4.7% from FY 2020). Profit margin: 21% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 27%, compared to a 10% growth forecast for the industry in Taiwan.Price Target Changed • Feb 25Price target increased to NT$160Up from NT$136, the current price target is an average from 2 analysts. New target price is 50% above last closing price of NT$107. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$7.34 for next year compared to NT$7.20 last year.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$145, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 458% over the past three years.Price Target Changed • Dec 16Price target increased to NT$141Up from NT$130, the current price target is an average from 3 analysts. New target price is 8.7% above last closing price of NT$130. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$7.34 for next year compared to NT$7.20 last year.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$110, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 309% over the past three years.Price Target Changed • Nov 26Price target increased to NT$130Up from NT$120, the current price target is an average from 3 analysts. New target price is 20% above last closing price of NT$108. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of NT$7.21 for next year compared to NT$7.20 last year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$2.35 (vs NT$1.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$845.1m (up 19% from 3Q 2020). Net income: NT$211.5m (up 27% from 3Q 2020). Profit margin: 25% (up from 23% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Aug 18Price target decreased to NT$120Down from NT$130, the current price target is an average from 3 analysts. New target price is 25% above last closing price of NT$96.00. Stock is down 12% over the past year.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.47 (vs NT$1.96 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$699.2m (flat on 2Q 2020). Net income: NT$132.4m (down 18% from 2Q 2020). Profit margin: 19% (down from 23% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 23Upcoming dividend of NT$5.60 per shareEligible shareholders must have bought the stock before 30 July 2021. Payment date: 27 August 2021. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%).Price Target Changed • Jun 23Price target decreased to NT$144Down from NT$159, the current price target is provided by 1 analyst. New target price is 35% above last closing price of NT$107. Stock is down 5.3% over the past year.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$91.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 161% over the past three years.分析記事 • Apr 29A Look At The Intrinsic Value Of Argosy Research Inc. (GTSM:3217)Today we will run through one way of estimating the intrinsic value of Argosy Research Inc. ( GTSM:3217 ) by estimating...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$7.20 (vs NT$5.34 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.60b (up 19% from FY 2019). Net income: NT$611.7m (up 40% from FY 2019). Profit margin: 24% (up from 20% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 18Will Argosy Research (GTSM:3217) Become A Multi-Bagger?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...分析記事 • Feb 28Is Argosy Research (GTSM:3217) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Feb 26New 90-day high: NT$134The company is up 18% from its price of NT$114 on 27 November 2020. The Taiwanese market is also up 18% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$103 per share.分析記事 • Feb 10How Does Argosy Research Inc. (GTSM:3217) Fare As A Dividend Stock?Could Argosy Research Inc. ( GTSM:3217 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Jan 27New 90-day high: NT$121The company is up 15% from its price of NT$106 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$104 per share.分析記事 • Jan 26Calculating The Fair Value Of Argosy Research Inc. (GTSM:3217)Does the January share price for Argosy Research Inc. ( GTSM:3217 ) reflect what it's really worth? Today, we will...分析記事 • Jan 11Is There More To The Story Than Argosy Research's (GTSM:3217) Earnings Growth?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...分析記事 • Dec 24Are Strong Financial Prospects The Force That Is Driving The Momentum In Argosy Research Inc.'s GTSM:3217) Stock?Argosy Research (GTSM:3217) has had a great run on the share market with its stock up by a significant 10% over the...分析記事 • Dec 06The 24% Return On Capital At Argosy Research (GTSM:3217) Got Our AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Nov 18Argosy Research (GTSM:3217) Has Rewarded Shareholders With An Exceptional 999% Total Return On Their InvestmentFor many, the main point of investing in the stock market is to achieve spectacular returns. And we've seen some truly...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.95The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$710.1m (up 8.6% from 3Q 2019). Net income: NT$166.3m (up 5.0% from 3Q 2019). Profit margin: 23% (down from 24% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Sep 24New 90-day low: NT$105The company is down 9.0% from its price of NT$115 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 Electronic industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$236 per share.株主還元3217TW ElectronicTW 市場7D5.7%4.6%6.7%1Y19.7%187.5%98.2%株主還元を見る業界別リターン: 3217過去 1 年間で187.5 % の収益を上げたTW Electronic業界を下回りました。リターン対市場: 3217は、過去 1 年間で98.2 % のリターンを上げたTW市場を下回りました。価格変動Is 3217's price volatile compared to industry and market?3217 volatility3217 Average Weekly Movement5.2%Electronic Industry Average Movement8.1%Market Average Movement6.0%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 3217 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3217の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19871,382Hsing-Yi Liuargosytw.comArgosy Research Inc.は、アジア、米国、および国際的に電子部品とコネクタを製造・販売している。同社の製品には、DDR SO-DIMMおよびロングDIMMソケット、Type-C、PCIeおよびmini PCIe、M.2 / NGFF、LVDS、RF同軸、SPIフラッシュ、金属およびプレス部品などがある。同社は1987年に設立され、台湾の新竹市に本社を置いている。もっと見るArgosy Research Inc. 基礎のまとめArgosy Research の収益と売上を時価総額と比較するとどうか。3217 基礎統計学時価総額NT$15.86b収益（TTM）NT$1.14b売上高(TTM)NT$4.15b13.9xPER（株価収益率3.8xP/Sレシオ3217 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3217 損益計算書（TTM）収益NT$4.15b売上原価NT$2.08b売上総利益NT$2.07bその他の費用NT$926.34m収益NT$1.14b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）12.69グロス・マージン49.88%純利益率27.55%有利子負債／自己資本比率0%3217 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.0%現在の配当利回り70%配当性向View Valuation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2026/05/08 11:35終値2026/05/08 00:00収益2025/12/31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Argosy Research 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。4 アナリスト機関Alice SuMasterlink Securities Investment Advisorynull nullSinoPac Securities Investment ServiceJunjia SuSinoPac Securities Investment Service1 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$187, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$268 per share.
Major Estimate Revision • Mar 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$4.71b to NT$4.53b. EPS estimate also fell from NT$15.17 per share to NT$13.32 per share. Net income forecast to grow 5.0% next year vs 24% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$217 to NT$195. Share price rose 4.0% to NT$156 over the past week.
Price Target Changed • Mar 13Price target decreased by 10% to NT$195Down from NT$217, the current price target is an average from 2 analysts. New target price is 23% above last closing price of NT$158. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$13.32 for next year compared to NT$12.69 last year.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$12.69 (vs NT$11.25 in FY 2024)Full year 2025 results: EPS: NT$12.69 (up from NT$11.25 in FY 2024). Revenue: NT$4.15b (up 19% from FY 2024). Net income: NT$1.14b (up 13% from FY 2024). Profit margin: 28% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 05Argosy Research Inc., Annual General Meeting, Jun 11, 2026Argosy Research Inc., Annual General Meeting, Jun 11, 2026. Location: no,773, ming hu rd., hsinchu city Taiwan
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$4.21 (vs NT$3.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.21 (up from NT$3.49 in 3Q 2024). Revenue: NT$1.13b (up 8.6% from 3Q 2024). Net income: NT$378.9m (up 20% from 3Q 2024). Profit margin: 34% (up from 30% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$187, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$268 per share.
Major Estimate Revision • Mar 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$4.71b to NT$4.53b. EPS estimate also fell from NT$15.17 per share to NT$13.32 per share. Net income forecast to grow 5.0% next year vs 24% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$217 to NT$195. Share price rose 4.0% to NT$156 over the past week.
Price Target Changed • Mar 13Price target decreased by 10% to NT$195Down from NT$217, the current price target is an average from 2 analysts. New target price is 23% above last closing price of NT$158. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of NT$13.32 for next year compared to NT$12.69 last year.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$12.69 (vs NT$11.25 in FY 2024)Full year 2025 results: EPS: NT$12.69 (up from NT$11.25 in FY 2024). Revenue: NT$4.15b (up 19% from FY 2024). Net income: NT$1.14b (up 13% from FY 2024). Profit margin: 28% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 05Argosy Research Inc., Annual General Meeting, Jun 11, 2026Argosy Research Inc., Annual General Meeting, Jun 11, 2026. Location: no,773, ming hu rd., hsinchu city Taiwan
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$4.21 (vs NT$3.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.21 (up from NT$3.49 in 3Q 2024). Revenue: NT$1.13b (up 8.6% from 3Q 2024). Net income: NT$378.9m (up 20% from 3Q 2024). Profit margin: 34% (up from 30% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$2.30 (vs NT$2.47 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.30 (down from NT$2.47 in 2Q 2024). Revenue: NT$1.05b (up 33% from 2Q 2024). Net income: NT$207.3m (down 6.8% from 2Q 2024). Profit margin: 20% (down from 28% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 27Upcoming dividend of NT$8.81 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).
お知らせ • Jun 20Argosy Research Inc Approves Adjust Cash DividendArgosy Research Inc. approved total cash dividends of TWD 792,916,987 (TWD 8.81 per share). Reason for the change: Due to the changes in the total number of outstanding common shares resulting from the repurchase of treasury shares,The Chairman decided to adjust the dividend distribution ratio on 2025/06/17 based on the authorization of the Board of Directors.
Declared Dividend • Jun 13Dividend increased to NT$8.80Dividend of NT$8.80 is 38% higher than last year. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile 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.
お知らせ • May 15Argosy Research Inc. Announces Resignation of HSU, CHIN-MEI as Chief Internal Auditor, Effective May 31, 2025Argosy Research Inc. announced the resignation of HSU, CHIN-MEI from the position of Chief Internal Auditor, effective May 31, 2025. The Audit deputy will temporarily act as the Chief Internal Auditor until the new Chief Internal Auditor takes office and is approved by the Board of Directors.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$2.96 (vs NT$2.22 in 1Q 2024)First quarter 2025 results: EPS: NT$2.96 (up from NT$2.22 in 1Q 2024). Revenue: NT$923.7m (up 35% from 1Q 2024). Net income: NT$266.8m (up 34% from 1Q 2024). Profit margin: 29% (in line with 1Q 2024). 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 19% per year.
お知らせ • Apr 25Argosy Research Inc. to Report Q1, 2025 Results on Apr 25, 2025Argosy Research Inc. announced that they will report Q1, 2025 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$126, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 46% over the past three years.
お知らせ • Mar 06+ 1 more updateArgosy Research Inc., Annual General Meeting, Jun 11, 2025Argosy Research Inc., Annual General Meeting, Jun 11, 2025. Location: no,773, ming hu rd., hsinchu city Taiwan
お知らせ • Feb 25Argosy Research Inc. to Report Fiscal Year 2024 Results on Mar 05, 2025Argosy Research Inc. announced that they will report fiscal year 2024 results on Mar 05, 2025
お知らせ • Jan 16Argosy Research Inc. Announces Change in Corporate Governance OfficerOn January 15, 2025, Argosy Research Inc. announced change in corporate governance officer. Name, title, and resume of the previous position holder: corporate governance officer: FAN YU CHEN/CFO & Corporate governance officer. Name, title, and resume of the new position holder: corporate governance officer: CHIU,CHIH-YU/Chief internal auditor Reason for the change: position adjustment. Effective date: January 15, 2025.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 13Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$3.49 (up from NT$3.19 in 3Q 2023). Revenue: NT$1.04b (up 16% from 3Q 2023). Net income: NT$314.7m (up 9.8% from 3Q 2023). Profit margin: 30% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.8%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 16% per year.
お知らせ • Nov 02Argosy Research Inc. Announces New Nomination CommitteeArgosy Research Inc. announced the new Nomination Committee. Name of the new position holder: Lin,Min-Cheng; Chen Chi-Yuan; and Chen Chih-Yung. Resume of the new position holder: Lin,Min-Cheng/The Company's director. Chen Chi-Yuan/The Company's independent director. Chen Chih-Yung/The Company's independent director. Effective date of the new member: November 1, 2024.
お知らせ • Oct 25Argosy Research Inc. to Report Q3, 2024 Results on Nov 01, 2024Argosy Research Inc. announced that they will report Q3, 2024 results on Nov 01, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$2.47 (up from NT$1.75 in 2Q 2023). Revenue: NT$792.3m (up 10% from 2Q 2023). Net income: NT$222.6m (up 42% from 2Q 2023). Profit margin: 28% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jul 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.2% to NT$148. The fair value is estimated to be NT$186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.3%.
お知らせ • Jul 20Argosy Research Inc. to Report Q2, 2024 Results on Jul 24, 2024Argosy Research Inc. announced that they will report Q2, 2024 results on Jul 24, 2024
Declared Dividend • Jun 14Dividend of NT$6.40 announcedShareholders will receive a dividend of NT$6.40. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 14Argosy Research Inc. Approves Cash Dividends, Payable on July 31, 2024Argosy Research Inc. at its AGM held on June 12, 2024, approved total cash dividends of TWD 576,666,899 (TWD 6.40 per share). Ex-rights (Ex-dividend) date: July 4, 2024. Ex-rights (Ex-dividend) record date: July 10, 2024. Payment date of cash dividend distribution: July 31, 2024.
Reported Earnings • May 19First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: EPS: NT$2.22 (up from NT$1.07 in 1Q 2023). Revenue: NT$682.3m (up 16% from 1Q 2023). Net income: NT$199.7m (up 109% from 1Q 2023). Profit margin: 29% (up from 16% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 19Argosy Research Inc. to Report Q1, 2024 Results on Apr 25, 2024Argosy Research Inc. announced that they will report Q1, 2024 results on Apr 25, 2024
Price Target Changed • Mar 27Price target increased by 14% to NT$200Up from NT$175, the current price target is provided by 1 analyst. New target price is 11% above last closing price of NT$181. Stock is up 66% over the past year. The company is forecast to post earnings per share of NT$10.80 for next year compared to NT$8.11 last year.
Reported Earnings • Mar 17Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$8.11 (up from NT$6.80 in FY 2022). Revenue: NT$3.00b (up 15% from FY 2022). Net income: NT$728.7m (up 19% from FY 2022). Profit margin: 24% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Mar 08Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$169. The fair value is estimated to be NT$219, however this is not to be taken as a buy 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 2.8%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 36% in the next year.
お知らせ • Mar 07+ 1 more updateArgosy Research Inc., Annual General Meeting, Jun 12, 2024Argosy Research Inc., Annual General Meeting, Jun 12, 2024. Location: Hall A1, Xiangxie Pavilion, Lakeshore Hotel Hsinchu (No.773, Minghu Road, Hsinchu City) Hsinchu City Taiwan Agenda: To consider Business report for fiscal year 2023; to consider Audit committee's Audit Report of 2023; to consider Report on 2023 Employee's and Directors' Compensation; and to consider any other matters.
お知らせ • Feb 21Argosy Research Inc. Announces Resignation of Lu,Cheng-Xi as Chief Internal Auditor, Effective from February 29, 2024Argosy Research Inc. announces resignation of LU,CHENG-XI as Chief internal auditor. Effective date February 29, 2024. The Audit deputy will temporarily act as the chief internal auditor until the new chief internal auditor takes office and be approved by the Board of Directors. The Audit deputy will temporarily act as the chief internal auditor until the new chief internal auditor takes office and be approved by the Board of Directors. Date of occurrence of the change February 20, 2024.
Buy Or Sell Opportunity • Feb 19Now 20% undervaluedOver the last 90 days, the stock has risen 15% to NT$176. The fair value is estimated to be NT$220, however this is not to be taken as a buy 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 2.8%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 36% in the next year.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 28%After last week's 28% share price gain to NT$149, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2023 results: EPS: NT$1.75. Revenue: NT$717.8m (up 12% from 2Q 2022). Net income: NT$157.3m (flat on 2Q 2022). Profit margin: 22% (down from 25% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates.
Upcoming Dividend • Jul 06Upcoming dividend of NT$5.35 per share at 4.0% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.2%).
New Risk • Jun 10New 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 6.3% 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 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 (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$127, the stock trades at a trailing P/E ratio of 20.9x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 57% over the past three years.
Reported Earnings • Mar 29Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$6.80 (down from NT$7.11 in FY 2021). Revenue: NT$2.61b (down 14% from FY 2021). Net income: NT$610.7m (down 4.6% from FY 2021). Profit margin: 23% (up from 21% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Mar 13Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be NT$124, 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 11%. Revenue is forecast to grow by 21% in a year. Earnings is forecast to grow by 16% in the next year.
Buying Opportunity • Feb 22Now 23% undervaluedOver the last 90 days, the stock is up 5.9%. The fair value is estimated to be NT$124, 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 11%. Revenue is forecast to grow by 21% in a year. Earnings is forecast to grow by 16% in the next year.
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from NT$2.89b to NT$2.61b. EPS estimate also fell from NT$8.02 per share to NT$7.14 per share. Net income forecast to grow 38% next year vs 5.5% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$81.00 unchanged from last update. Share price rose 16% to NT$82.90 over the past week.
Price Target Changed • Nov 16Price target decreased to NT$81.00Down from NT$111, the current price target is provided by 1 analyst. New target price is 9.5% above last closing price of NT$74.00. Stock is down 23% over the past year. The company is forecast to post earnings per share of NT$8.02 for next year compared to NT$7.11 last year.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$70.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 36% over the past three years.
Price Target Changed • Oct 09Price target decreased to NT$81.00Down from NT$111, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$67.60. Stock is down 23% over the past year. The company is forecast to post earnings per share of NT$8.02 for next year compared to NT$7.11 last year.
Reported Earnings • Aug 14Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.74 (up from NT$1.47 in 2Q 2021). Revenue: NT$641.1m (down 8.3% from 2Q 2021). Net income: NT$157.5m (up 19% from 2Q 2021). Profit margin: 25% (up from 19% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 9.4%. Over the next year, revenue is forecast to grow 18%, compared to a 8.7% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% 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 • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$74.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Upcoming Dividend • Jun 16Upcoming dividend of NT$5.60 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 21 July 2022. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.3%).
Major Estimate Revision • May 16Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$3.83b to NT$3.27b. EPS estimate fell from NT$9.80 to NT$8.03 per share. Net income forecast to grow 21% next year vs 11% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$153 to NT$116. Share price fell 5.1% to NT$87.00 over the past week.
Price Target Changed • May 11Price target decreased to NT$116Down from NT$160, the current price target is provided by 1 analyst. New target price is 29% above last closing price of NT$89.20. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of NT$8.03 for next year compared to NT$7.11 last year.
Reported Earnings • May 10First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.80 (up from NT$1.55 in 1Q 2021). Revenue: NT$736.6m (up 8.8% from 1Q 2021). Net income: NT$161.8m (up 16% from 1Q 2021). Profit margin: 22% (up from 21% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 28%, compared to a 9.9% growth forecast for the 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 23% per year.
Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$7.11. Revenue: NT$3.02b (up 16% from FY 2020). Net income: NT$640.2m (up 4.7% from FY 2020). Profit margin: 21% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 27%, compared to a 10% growth forecast for the industry in Taiwan.
Price Target Changed • Feb 25Price target increased to NT$160Up from NT$136, the current price target is an average from 2 analysts. New target price is 50% above last closing price of NT$107. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$7.34 for next year compared to NT$7.20 last year.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$145, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 458% over the past three years.
Price Target Changed • Dec 16Price target increased to NT$141Up from NT$130, the current price target is an average from 3 analysts. New target price is 8.7% above last closing price of NT$130. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$7.34 for next year compared to NT$7.20 last year.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$110, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 309% over the past three years.
Price Target Changed • Nov 26Price target increased to NT$130Up from NT$120, the current price target is an average from 3 analysts. New target price is 20% above last closing price of NT$108. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of NT$7.21 for next year compared to NT$7.20 last year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$2.35 (vs NT$1.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$845.1m (up 19% from 3Q 2020). Net income: NT$211.5m (up 27% from 3Q 2020). Profit margin: 25% (up from 23% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Aug 18Price target decreased to NT$120Down from NT$130, the current price target is an average from 3 analysts. New target price is 25% above last closing price of NT$96.00. Stock is down 12% over the past year.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.47 (vs NT$1.96 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$699.2m (flat on 2Q 2020). Net income: NT$132.4m (down 18% from 2Q 2020). Profit margin: 19% (down from 23% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 23Upcoming dividend of NT$5.60 per shareEligible shareholders must have bought the stock before 30 July 2021. Payment date: 27 August 2021. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%).
Price Target Changed • Jun 23Price target decreased to NT$144Down from NT$159, the current price target is provided by 1 analyst. New target price is 35% above last closing price of NT$107. Stock is down 5.3% over the past year.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$91.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 161% over the past three years.
分析記事 • Apr 29A Look At The Intrinsic Value Of Argosy Research Inc. (GTSM:3217)Today we will run through one way of estimating the intrinsic value of Argosy Research Inc. ( GTSM:3217 ) by estimating...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$7.20 (vs NT$5.34 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.60b (up 19% from FY 2019). Net income: NT$611.7m (up 40% from FY 2019). Profit margin: 24% (up from 20% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 18Will Argosy Research (GTSM:3217) Become A Multi-Bagger?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
分析記事 • Feb 28Is Argosy Research (GTSM:3217) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Feb 26New 90-day high: NT$134The company is up 18% from its price of NT$114 on 27 November 2020. The Taiwanese market is also up 18% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$103 per share.
分析記事 • Feb 10How Does Argosy Research Inc. (GTSM:3217) Fare As A Dividend Stock?Could Argosy Research Inc. ( GTSM:3217 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Jan 27New 90-day high: NT$121The company is up 15% from its price of NT$106 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$104 per share.
分析記事 • Jan 26Calculating The Fair Value Of Argosy Research Inc. (GTSM:3217)Does the January share price for Argosy Research Inc. ( GTSM:3217 ) reflect what it's really worth? Today, we will...
分析記事 • Jan 11Is There More To The Story Than Argosy Research's (GTSM:3217) Earnings Growth?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
分析記事 • Dec 24Are Strong Financial Prospects The Force That Is Driving The Momentum In Argosy Research Inc.'s GTSM:3217) Stock?Argosy Research (GTSM:3217) has had a great run on the share market with its stock up by a significant 10% over the...
分析記事 • Dec 06The 24% Return On Capital At Argosy Research (GTSM:3217) Got Our AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Nov 18Argosy Research (GTSM:3217) Has Rewarded Shareholders With An Exceptional 999% Total Return On Their InvestmentFor many, the main point of investing in the stock market is to achieve spectacular returns. And we've seen some truly...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.95The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$710.1m (up 8.6% from 3Q 2019). Net income: NT$166.3m (up 5.0% from 3Q 2019). Profit margin: 23% (down from 24% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Sep 24New 90-day low: NT$105The company is down 9.0% from its price of NT$115 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 Electronic industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$236 per share.
