View ValuationAlltop Technology 将来の成長Future 基準チェック /36Alltop Technology は収益が増加すると予測されています。EPS は、年間 増加すると予測されています32.6%。主要情報31.0%収益成長率32.59%EPS成長率Electronic 収益成長31.7%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジLow最終更新日06 May 2026今後の成長に関する最新情報Price Target Changed • Nov 08Price target increased by 18% to NT$350Up from NT$297, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$277. Stock is up 50% over the past year. The company is forecast to post earnings per share of NT$16.44 for next year compared to NT$11.68 last year.Price Target Changed • Mar 07Price target increased by 21% to NT$260Up from NT$215, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$217. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$11.68 for next year compared to NT$9.41 last year.Major Estimate Revision • Nov 10Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.29b to NT$2.38b. EPS estimate increased from NT$9.99 to NT$11.32 per share. Net income forecast to grow 25% next year vs 8.0% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$220 to NT$215. Share price fell 4.4% to NT$183 over the past week.Major Estimate Revision • Aug 11Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.23b to NT$2.29b. EPS estimate increased from NT$8.77 to NT$9.99 per share. Net income forecast to grow 17% next year vs 1.1% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$155 to NT$220. Share price rose 4.0% to NT$170 over the past week.Major Estimate Revision • May 06Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$11.85 to NT$8.77. Revenue forecast unchanged from NT$2.23b at last update. Net income forecast to shrink 6.5% next year vs 9.2% decline forecast for Electronic industry in Taiwan. Consensus price target of NT$155 unchanged from last update. Share price was steady at NT$135 over the past week.Price Target Changed • Nov 16Price target decreased to NT$148Down from NT$190, the current price target is provided by 1 analyst. New target price is 21% above last closing price of NT$122. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$10.56 for next year compared to NT$11.19 last year.すべての更新を表示Recent updatesReported Earnings • May 06First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: NT$4.00. Revenue: NT$1.10b (up 19% from 1Q 2025). Net income: NT$308.5m (up 16% from 1Q 2025). Profit margin: 28% (in line with 1Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$328, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 206% over the past three years.Upcoming Dividend • Apr 09Upcoming dividend of NT$16.84 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 15 May 2026. Payout ratio is on the higher end at 95%, and the cash payout ratio is above 100%. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (1.8%).Reported Earnings • Mar 31Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: NT$16.97 (up from NT$16.80 in FY 2024). Revenue: NT$3.93b (up 22% from FY 2024). Net income: NT$1.11b (up 8.3% from FY 2024). Profit margin: 28% (down from 32% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.Declared Dividend • Mar 08Dividend increased to NT$16.90Dividend of NT$16.90 is 2.7% higher than last year. Ex-date: 16th April 2026 Payment date: 15th May 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.7% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Mar 06+ 1 more updateAlltop Technology Co., Ltd., Annual General Meeting, Jun 17, 2026Alltop Technology Co., Ltd., Annual General Meeting, Jun 17, 2026. Location: 3 floor no,102, sec.3 chung shan rd., jhonghe district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$289, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 169% over the past three years.Reported Earnings • Nov 06Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: NT$4.10. Revenue: NT$968.9m (up 6.7% from 3Q 2024). Net income: NT$267.2m (flat on 3Q 2024). Profit margin: 28% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 18%.New Risk • Sep 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 139% High level of non-cash earnings (21% accrual ratio).Reported Earnings • Apr 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: NT$16.80 (up from NT$11.68 in FY 2023). Revenue: NT$3.21b (up 34% from FY 2023). Net income: NT$1.02b (up 48% from FY 2023). Profit margin: 32% (up from 29% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. 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 12% per year.お知らせ • Apr 25Alltop Technology Co., Ltd. to Report Q1, 2025 Results on May 02, 2025Alltop Technology Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$225, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.Upcoming Dividend • Apr 05Upcoming dividend of NT$16.46 per shareEligible shareholders must have bought the stock before 11 April 2025. Payment date: 08 May 2025. Payout ratio and cash payout ratio are on the higher end at 77% and 79% respectively. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%).お知らせ • Mar 06+ 1 more updateAlltop Technology Co., Ltd., Annual General Meeting, Jun 13, 2025Alltop Technology Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: 3 floor no,102, sec.3 chung shan rd., jhonghe district, new taipei city TaiwanNew 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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.4% increase in shares outstanding).New Risk • Dec 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Shareholders have been diluted in the past year (6.4% increase in shares outstanding).Reported Earnings • Nov 10Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: NT$4.36 (up from NT$3.55 in 3Q 2023). Revenue: NT$907.7m (up 33% from 3Q 2023). Net income: NT$264.9m (up 27% from 3Q 2023). Profit margin: 29% (down from 31% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is forecast to grow 24% 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 but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 08Price target increased by 18% to NT$350Up from NT$297, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$277. Stock is up 50% over the past year. The company is forecast to post earnings per share of NT$16.44 for next year compared to NT$11.68 last year.お知らせ • Nov 06Alltop Technology Co., Ltd. Appoints Chang Yi Wei as Chief Sustainability OfficerAlltop Technology Co., Ltd. announced the appointment of Chang Yi Wei/General Manager as chief sustainability officer of the company. Effective date: November 5, 2024.お知らせ • Oct 29Alltop Technology Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024Alltop Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024Board Change • Oct 23Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Chih Fung Chiang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Sep 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$4.33 (vs NT$3.40 in 2Q 2023)Second quarter 2024 results: EPS: NT$4.33 (up from NT$3.40 in 2Q 2023). Revenue: NT$768.6m (up 29% from 2Q 2023). Net income: NT$257.8m (up 28% from 2Q 2023). Profit margin: 34% (in line with 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.お知らせ • Jul 24Alltop Technology Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024Alltop Technology Co., Ltd. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Aug 02, 2024Upcoming Dividend • Jul 20Upcoming dividend of NT$11.39 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 22 August 2024. Payout ratio and cash payout ratio are on the higher end at 87% and 91% respectively. Trailing yield: 5.0%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.6%).Declared Dividend • Jul 01Dividend of NT$11.60 announcedShareholders will receive a dividend of NT$11.60. Ex-date: 25th July 2024 Payment date: 22nd August 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (87% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$3.06 (vs NT$1.35 in 1Q 2023)First quarter 2024 results: EPS: NT$3.06 (up from NT$1.35 in 1Q 2023). Revenue: NT$588.2m (up 37% from 1Q 2023). Net income: NT$181.1m (up 127% from 1Q 2023). Profit margin: 31% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. 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 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28Alltop Technology Co., Ltd. to Report Q1, 2024 Results on May 03, 2024Alltop Technology Co., Ltd. announced that they will report Q1, 2024 results on May 03, 2024Buy Or Sell Opportunity • Apr 22Now 22% undervaluedOver the last 90 days, the stock has risen 11% to NT$214. The fair value is estimated to be NT$273, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Reported Earnings • Mar 22Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$11.68 (up from NT$9.42 in FY 2022). Revenue: NT$2.39b (up 3.7% from FY 2022). Net income: NT$689.7m (up 25% from FY 2022). Profit margin: 29% (up from 24% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. 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 8% per year, which means it is well ahead of earnings.Price Target Changed • Mar 07Price target increased by 21% to NT$260Up from NT$215, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$217. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$11.68 for next year compared to NT$9.41 last year.お知らせ • Mar 06Alltop Technology Co., Ltd., Annual General Meeting, Jun 19, 2024Alltop Technology Co., Ltd., Annual General Meeting, Jun 19, 2024. Location: Alltop Tech. Headquarters 3F, No.102, Sec. 3, Jhongshan Rd., Jhonghe City,Taipei County, Taiwan Taipei County Taiwan Agenda: To consider Report on the business of 2023; Audit Committee's review report of 2023; Report on employees' remuneration and directors' remuneration of 2023; Report on financial business-related ; and to discuss other matters.Buying Opportunity • Nov 24Now 20% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be NT$228, 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 3.5%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.Major Estimate Revision • Nov 10Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.29b to NT$2.38b. EPS estimate increased from NT$9.99 to NT$11.32 per share. Net income forecast to grow 25% next year vs 8.0% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$220 to NT$215. Share price fell 4.4% to NT$183 over the past week.Buying Opportunity • Nov 09Now 21% undervaluedOver the last 90 days, the stock is up 8.3%. The fair value is estimated to be NT$231, 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 3.5%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.Reported Earnings • Nov 05Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$3.55 (up from NT$3.06 in 3Q 2022). Revenue: NT$682.4m (up 6.2% from 3Q 2022). Net income: NT$209.5m (up 16% from 3Q 2022). Profit margin: 31% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Nov 04Alltop Technology Co., Ltd. to Report Q3, 2023 Results on Nov 03, 2023Alltop Technology Co., Ltd. announced that they will report Q3, 2023 results on Nov 03, 2023New Risk • Oct 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change).Major Estimate Revision • Aug 11Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.23b to NT$2.29b. EPS estimate increased from NT$8.77 to NT$9.99 per share. Net income forecast to grow 17% next year vs 1.1% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$155 to NT$220. Share price rose 4.0% to NT$170 over the past week.Reported Earnings • Aug 07Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: NT$3.40 (up from NT$2.03 in 2Q 2022). Revenue: NT$596.0m (up 14% from 2Q 2022). Net income: NT$200.6m (up 68% from 2Q 2022). Profit margin: 34% (up from 23% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 17Upcoming dividend of NT$9.40 per share at 5.6% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 17 August 2023. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.1%).Major Estimate Revision • May 06Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$11.85 to NT$8.77. Revenue forecast unchanged from NT$2.23b at last update. Net income forecast to shrink 6.5% next year vs 9.2% decline forecast for Electronic industry in Taiwan. Consensus price target of NT$155 unchanged from last update. Share price was steady at NT$135 over the past week.お知らせ • May 06Alltop Technology Co., Ltd. Announces the Appointment of Sean Chen as Corporate Governance OfficerAlltop Technology Co., Ltd. announced the appointment of Sean Chen as Corporate Governance Officer, effective May 5, 2023. Sean Chen is Manager of Investor Management Department. Reason for the change is new replacement.Buying Opportunity • Apr 20Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$171, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 25% in the next year.Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$9.41 (down from NT$11.19 in FY 2021). Revenue: NT$2.31b (down 12% from FY 2021). Net income: NT$554.1m (down 14% from FY 2021). Profit margin: 24% (in line with FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 9.3%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.Price Target Changed • Nov 16Price target decreased to NT$148Down from NT$190, the current price target is provided by 1 analyst. New target price is 21% above last closing price of NT$122. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$10.56 for next year compared to NT$11.19 last year.Reported Earnings • Nov 06Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: NT$3.06 (up from NT$2.71 in 3Q 2021). Revenue: NT$642.5m (down 5.4% from 3Q 2021). Net income: NT$180.5m (up 16% from 3Q 2021). Profit margin: 28% (up from 23% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 05Alltop Technology Co., Ltd. to Report Q3, 2022 Results on Nov 04, 2022Alltop Technology Co., Ltd. announced that they will report Q3, 2022 results on Nov 04, 2022Price Target Changed • Oct 28Price target decreased to NT$148Down from NT$190, the current price target is provided by 1 analyst. New target price is 36% above last closing price of NT$109. Stock is down 31% over the past year. The company is forecast to post earnings per share of NT$10.56 for next year compared to NT$11.19 last year.Valuation Update With 7 Day Price Move • Oct 12Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$116, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$2.03 (down from NT$3.48 in 2Q 2021). Revenue: NT$524.7m (down 27% from 2Q 2021). Net income: NT$119.6m (down 38% from 2Q 2021). Profit margin: 23% (down from 27% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Over the next year, revenue is forecast to grow 25%, 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 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 18Upcoming dividend of NT$11.08 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 18 August 2022. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.7%).Price Target Changed • Jul 12Price target decreased to NT$203Down from NT$220, the current price target is provided by 1 analyst. New target price is 43% above last closing price of NT$142. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$13.00 for next year compared to NT$11.19 last year.お知らせ • Jul 07Alltop Technology Co., Ltd. Announces Changes of Dividend DistributionAlltop Technology Co., Ltd. announced the changes of dividend distribution. Type and monetary amount of original dividend distribution: Total TWD 652,946,479 in cash, per shares TWD 11.16. Type and monetary amount of dividend distribution after the change: Total TWD 652,946,479 in cash, per shares TWD 11.07603885. Reason for the change: Converting CB into Common Stock to participate in distribution. Shareholders' meeting authorized Board of Directors to change dividend distribution when former reason, and Board of Directors authorized to President on June 23, 2022.お知らせ • Apr 13Alltop Technology Co., Ltd. Announces on Behalf of the Subsidiary alltop Electronic(Suzhou) & Liquan Technology(Taicang) Co. Ltd. to Suspend Operation to Meet with Epidemic PolicyAlltop Technology Co., Ltd. Announced on behalf of the subsidiary ALLTOP Electronic(Suzhou) & Liquan Technology(Taicang)CO. Ltd. suspended operation to meet with epidemic policy. Cause of occurrence: ALLTOP Electronic(Suzhou) & Liquan Technology(Taicang)CO.,Ltd. complies with the local government's epidemic prevention policy to suspend operation until April 17. Follow the local government¡¦s preventive measures and the following impact of operation depends on the government's relief status. 7.Any other matters that need to be specified: No significant impact on financial and business.お知らせ • Mar 06Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2022Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2022. Location: Alltop Tech. Headquarters, 3F, No.102, Sec. 3, Jhongshan Rd., Jhonghe City Taipei Taiwan Agenda: To consider 2021 Business Report; To report 2021 employees' remuneration and directors' remuneration; to consider Corporate Social Responsibility Best Practice Principles, Directors and Supervisors; and to consider any other matter; Audit Committee's review report of 2021; to consider amend Guidelines for Acquisition and Disposal of Assets, Articles of Incorporation,Rules of Procedure for Shareholders Meeting.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$2.71 (vs NT$2.65 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$679.6m (up 15% from 3Q 2020). Net income: NT$155.9m (up 8.0% from 3Q 2020). Profit margin: 23% (down from 25% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$190, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 196% over the past three years.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$166, 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 196% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$3.48 (vs NT$3.83 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$723.0m (up 4.7% from 2Q 2020). Net income: NT$194.0m (down 6.3% from 2Q 2020). Profit margin: 27% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 38% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 03Upcoming dividend of NT$9.13 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 31 August 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$207, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 203% over the past three years.Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$2.15 (vs NT$0.98 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$532.5m (up 65% from 1Q 2020). Net income: NT$124.9m (up 148% from 1Q 2020). Profit margin: 24% (up from 16% in 1Q 2020). The increase in margin was driven by higher revenue. 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 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$7.25 (vs NT$8.17 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.14b (up 8.2% from FY 2019). Net income: NT$519.4m (up 32% 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 26% per year whereas the company’s share price has increased by 22% per year.お知らせ • Mar 12Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2021Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2021. Location: Alltop Tech. Headquarters Taipei County TaiwanUpcoming Dividend • Mar 11Upcoming Dividend of NT$2.50 Per ShareWill be paid on the 29th of March to those who are registered shareholders by the 18th of March. The trailing yield of 4.6% is below the top quartile of Taiwanese dividend payers (4.9%), but it is higher than industry peers (3.1%).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$125, the stock is trading at a trailing P/E ratio of 16.3x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 108%.お知らせ • Feb 27Pan Jit International Inc. (TSEC:2481) completed the acquisition of Alltop Technology Co., Ltd. (GTSM:3526) from shareholders.Pan Jit International Inc. (TSEC:2481) made a tender offer to acquire Alltop Technology Co., Ltd. (GTSM:3526) from shareholders for TWD 7.6 billion on January 22, 2021. The shares will be acquired at TWD 105 per share in cash. The consideration will be financed from internal resources. The Board of Directors of Pan Jit International Inc. approved the deal. The tender offer will start no later than January 26, 2021. As of February 5, 2021, all the conditions for tender offer has been satisfied. The offer period will expire on February 25, 2021. Wilson Hsu of Wlcc Accountancy Corp acted as accountant and Jennifer Wang of Chen&Lin acted as legal advisor for Pan Jit. Pan Jit International Inc. (TSEC:2481) completed the acquisition of Alltop Technology Co., Ltd. (GTSM:3526) from shareholders on February 26, 2021.Is New 90 Day High Low • Feb 20New 90-day high: NT$104The company is up 26% from its price of NT$82.30 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.分析記事 • Jan 24Is Alltop Technology Co., Ltd.'s(GTSM:3526) Recent Stock Performance Tethered To Its Strong Fundamentals?Alltop Technology's (GTSM:3526) stock is up by a considerable 22% over the past three months. Given that the market...お知らせ • Jan 24Pan Jit International Inc. (TSEC:2481) made a tender offer to acquire Alltop Technology Co., Ltd. (GTSM:3526) from shareholders for TWD 7.6 billion.Pan Jit International Inc. (TSEC:2481) made a tender offer to acquire Alltop Technology Co., Ltd. (GTSM:3526) from shareholders for TWD 7.6 billion on January 22, 2021. The shares will be acquired at TWD 105 per share in cash. The consideration will be financed from internal resources. The Board of Directors of Pan Jit International Inc. approved the deal. The tender offer will start no later than January 26, 2021. Wlcc Accountancy Corp acted as accountant for Pan Jit.Is New 90 Day High Low • Jan 22New 90-day high: NT$94.50The company is up 18% from its price of NT$80.40 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.分析記事 • Jan 08Did You Participate In Any Of Alltop Technology's (GTSM:3526) Incredible 450% Return?Buying shares in the best businesses can build meaningful wealth for you and your family. And we've seen some truly...Is New 90 Day High Low • Jan 04New 90-day high: NT$87.50The company is up 5.0% from its price of NT$83.00 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.分析記事 • Dec 24Is Alltop Technology Co., Ltd. (GTSM:3526) A Good Fit For Your Dividend Portfolio?Is Alltop Technology Co., Ltd. ( GTSM:3526 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Dec 09Alltop Technology (GTSM:3526) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 26Why We Like The Returns At Alltop Technology (GTSM:3526)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analyst Estimate Surprise Post Earnings • Nov 09Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.4%. Earnings per share (EPS) also missed analyst estimates by 4.2%.Reported Earnings • Nov 09Third quarter 2020 earnings released: EPS NT$1.99The company reported a solid third quarter result with improved revenues, although earnings and profit margins were flat. Third quarter 2020 results: Revenue: NT$590.2m (up 2.6% from 3Q 2019). Net income: NT$144.4m (flat on 3Q 2019). Profit margin: 25% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 07Alltop Technology Co., Ltd. to Report Q3, 2020 Results on Nov 06, 2020Alltop Technology Co., Ltd. announced that they will report Q3, 2020 results on Nov 06, 2020Is New 90 Day High Low • Oct 27New 90-day low: NT$77.70The company is down 8.0% from its price of NT$84.40 on 29 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$57.39 per share.Is New 90 Day High Low • Oct 12New 90-day low: NT$80.10The company is down 16% from its price of NT$95.20 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$57.41 per share.Is New 90 Day High Low • Sep 26New 90-day low: NT$81.30The company is down 11% from its price of NT$91.70 on 24 June 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$57.00 per share.業績と収益の成長予測TPEX:3526 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20264,1051,1498191,008N/A12/31/20253,9281,1068691,035N/A9/30/20253,7651,1198451,006N/A6/30/20253,7041,117769933N/A3/31/20253,5471,1059471,087N/A12/31/20243,2111,0219021,033N/A9/30/20242,951904734888N/A6/30/20242,726848613761N/A3/31/20242,553791606736N/A12/31/20232,395690554675N/A9/30/20232,233589658743N/A6/30/20232,193560660744N/A3/31/20232,121479685779N/A12/31/20222,310554737846N/A9/30/20222,470623642779N/A6/30/20222,507599754915N/A3/31/20222,7066738751,052N/A12/31/20212,620643381585N/A9/30/20212,473592298535N/A6/30/20212,384581259533N/A3/31/20212,35259480339N/A12/31/20202,142519497743N/A9/30/20202,171530549721N/A6/30/20202,156529397580N/A3/31/20201,906398372569N/A12/31/20191,980394N/A537N/A9/30/20191,916377N/A534N/A6/30/20191,875357N/A573N/A3/31/20191,920365N/A538N/A12/31/20181,955341N/A505N/A9/30/20181,972293N/A429N/A6/30/20181,973220N/A263N/A3/31/20181,936197N/A289N/A12/31/20171,890202N/A348N/A9/30/20171,830274N/A431N/A6/30/20171,843353N/A636N/A3/31/20171,846352N/A592N/A12/31/20161,931387N/A517N/A9/30/20161,957313N/A466N/A6/30/20161,856226N/A326N/A3/31/20161,782142N/A346N/A12/31/20151,72293N/A368N/A9/30/20151,67864N/A302N/A6/30/20151,70477N/A329N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3526の予測収益成長率 (年間31% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: 3526の収益 ( 31% ) はTW市場 ( 25.2% ) よりも速いペースで成長すると予測されています。高成長収益: 3526の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 3526の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 3526の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3526の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 22:06終値2026/05/07 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Alltop Technology Co., Ltd. 1 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。3 アナリスト機関Angela HsiangKGI Securities Co. Ltd.Alice SuMasterlink Securities Investment AdvisoryJack HsuSinoPac Securities Investment Service
Price Target Changed • Nov 08Price target increased by 18% to NT$350Up from NT$297, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$277. Stock is up 50% over the past year. The company is forecast to post earnings per share of NT$16.44 for next year compared to NT$11.68 last year.
Price Target Changed • Mar 07Price target increased by 21% to NT$260Up from NT$215, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$217. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$11.68 for next year compared to NT$9.41 last year.
Major Estimate Revision • Nov 10Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.29b to NT$2.38b. EPS estimate increased from NT$9.99 to NT$11.32 per share. Net income forecast to grow 25% next year vs 8.0% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$220 to NT$215. Share price fell 4.4% to NT$183 over the past week.
Major Estimate Revision • Aug 11Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.23b to NT$2.29b. EPS estimate increased from NT$8.77 to NT$9.99 per share. Net income forecast to grow 17% next year vs 1.1% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$155 to NT$220. Share price rose 4.0% to NT$170 over the past week.
Major Estimate Revision • May 06Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$11.85 to NT$8.77. Revenue forecast unchanged from NT$2.23b at last update. Net income forecast to shrink 6.5% next year vs 9.2% decline forecast for Electronic industry in Taiwan. Consensus price target of NT$155 unchanged from last update. Share price was steady at NT$135 over the past week.
Price Target Changed • Nov 16Price target decreased to NT$148Down from NT$190, the current price target is provided by 1 analyst. New target price is 21% above last closing price of NT$122. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$10.56 for next year compared to NT$11.19 last year.
Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: NT$4.00. Revenue: NT$1.10b (up 19% from 1Q 2025). Net income: NT$308.5m (up 16% from 1Q 2025). Profit margin: 28% (in line with 1Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$328, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 206% over the past three years.
Upcoming Dividend • Apr 09Upcoming dividend of NT$16.84 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 15 May 2026. Payout ratio is on the higher end at 95%, and the cash payout ratio is above 100%. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (1.8%).
Reported Earnings • Mar 31Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: NT$16.97 (up from NT$16.80 in FY 2024). Revenue: NT$3.93b (up 22% from FY 2024). Net income: NT$1.11b (up 8.3% from FY 2024). Profit margin: 28% (down from 32% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.
Declared Dividend • Mar 08Dividend increased to NT$16.90Dividend of NT$16.90 is 2.7% higher than last year. Ex-date: 16th April 2026 Payment date: 15th May 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.7% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Mar 06+ 1 more updateAlltop Technology Co., Ltd., Annual General Meeting, Jun 17, 2026Alltop Technology Co., Ltd., Annual General Meeting, Jun 17, 2026. Location: 3 floor no,102, sec.3 chung shan rd., jhonghe district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$289, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 169% over the past three years.
Reported Earnings • Nov 06Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: NT$4.10. Revenue: NT$968.9m (up 6.7% from 3Q 2024). Net income: NT$267.2m (flat on 3Q 2024). Profit margin: 28% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 18%.
New Risk • Sep 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 139% High level of non-cash earnings (21% accrual ratio).
Reported Earnings • Apr 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: NT$16.80 (up from NT$11.68 in FY 2023). Revenue: NT$3.21b (up 34% from FY 2023). Net income: NT$1.02b (up 48% from FY 2023). Profit margin: 32% (up from 29% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. 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 12% per year.
お知らせ • Apr 25Alltop Technology Co., Ltd. to Report Q1, 2025 Results on May 02, 2025Alltop Technology Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$225, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Upcoming Dividend • Apr 05Upcoming dividend of NT$16.46 per shareEligible shareholders must have bought the stock before 11 April 2025. Payment date: 08 May 2025. Payout ratio and cash payout ratio are on the higher end at 77% and 79% respectively. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%).
お知らせ • Mar 06+ 1 more updateAlltop Technology Co., Ltd., Annual General Meeting, Jun 13, 2025Alltop Technology Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: 3 floor no,102, sec.3 chung shan rd., jhonghe district, new taipei city Taiwan
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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.4% increase in shares outstanding).
New Risk • Dec 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Shareholders have been diluted in the past year (6.4% increase in shares outstanding).
Reported Earnings • Nov 10Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: NT$4.36 (up from NT$3.55 in 3Q 2023). Revenue: NT$907.7m (up 33% from 3Q 2023). Net income: NT$264.9m (up 27% from 3Q 2023). Profit margin: 29% (down from 31% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is forecast to grow 24% 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 but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 08Price target increased by 18% to NT$350Up from NT$297, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$277. Stock is up 50% over the past year. The company is forecast to post earnings per share of NT$16.44 for next year compared to NT$11.68 last year.
お知らせ • Nov 06Alltop Technology Co., Ltd. Appoints Chang Yi Wei as Chief Sustainability OfficerAlltop Technology Co., Ltd. announced the appointment of Chang Yi Wei/General Manager as chief sustainability officer of the company. Effective date: November 5, 2024.
お知らせ • Oct 29Alltop Technology Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024Alltop Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024
Board Change • Oct 23Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Chih Fung Chiang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Sep 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$4.33 (vs NT$3.40 in 2Q 2023)Second quarter 2024 results: EPS: NT$4.33 (up from NT$3.40 in 2Q 2023). Revenue: NT$768.6m (up 29% from 2Q 2023). Net income: NT$257.8m (up 28% from 2Q 2023). Profit margin: 34% (in line with 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Jul 24Alltop Technology Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024Alltop Technology Co., Ltd. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Aug 02, 2024
Upcoming Dividend • Jul 20Upcoming dividend of NT$11.39 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 22 August 2024. Payout ratio and cash payout ratio are on the higher end at 87% and 91% respectively. Trailing yield: 5.0%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.6%).
Declared Dividend • Jul 01Dividend of NT$11.60 announcedShareholders will receive a dividend of NT$11.60. Ex-date: 25th July 2024 Payment date: 22nd August 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (87% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$3.06 (vs NT$1.35 in 1Q 2023)First quarter 2024 results: EPS: NT$3.06 (up from NT$1.35 in 1Q 2023). Revenue: NT$588.2m (up 37% from 1Q 2023). Net income: NT$181.1m (up 127% from 1Q 2023). Profit margin: 31% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. 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 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28Alltop Technology Co., Ltd. to Report Q1, 2024 Results on May 03, 2024Alltop Technology Co., Ltd. announced that they will report Q1, 2024 results on May 03, 2024
Buy Or Sell Opportunity • Apr 22Now 22% undervaluedOver the last 90 days, the stock has risen 11% to NT$214. The fair value is estimated to be NT$273, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Reported Earnings • Mar 22Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$11.68 (up from NT$9.42 in FY 2022). Revenue: NT$2.39b (up 3.7% from FY 2022). Net income: NT$689.7m (up 25% from FY 2022). Profit margin: 29% (up from 24% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. 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 8% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 07Price target increased by 21% to NT$260Up from NT$215, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$217. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$11.68 for next year compared to NT$9.41 last year.
お知らせ • Mar 06Alltop Technology Co., Ltd., Annual General Meeting, Jun 19, 2024Alltop Technology Co., Ltd., Annual General Meeting, Jun 19, 2024. Location: Alltop Tech. Headquarters 3F, No.102, Sec. 3, Jhongshan Rd., Jhonghe City,Taipei County, Taiwan Taipei County Taiwan Agenda: To consider Report on the business of 2023; Audit Committee's review report of 2023; Report on employees' remuneration and directors' remuneration of 2023; Report on financial business-related ; and to discuss other matters.
Buying Opportunity • Nov 24Now 20% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be NT$228, 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 3.5%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.
Major Estimate Revision • Nov 10Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.29b to NT$2.38b. EPS estimate increased from NT$9.99 to NT$11.32 per share. Net income forecast to grow 25% next year vs 8.0% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$220 to NT$215. Share price fell 4.4% to NT$183 over the past week.
Buying Opportunity • Nov 09Now 21% undervaluedOver the last 90 days, the stock is up 8.3%. The fair value is estimated to be NT$231, 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 3.5%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.
Reported Earnings • Nov 05Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$3.55 (up from NT$3.06 in 3Q 2022). Revenue: NT$682.4m (up 6.2% from 3Q 2022). Net income: NT$209.5m (up 16% from 3Q 2022). Profit margin: 31% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Nov 04Alltop Technology Co., Ltd. to Report Q3, 2023 Results on Nov 03, 2023Alltop Technology Co., Ltd. announced that they will report Q3, 2023 results on Nov 03, 2023
New Risk • Oct 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change).
Major Estimate Revision • Aug 11Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$2.23b to NT$2.29b. EPS estimate increased from NT$8.77 to NT$9.99 per share. Net income forecast to grow 17% next year vs 1.1% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$155 to NT$220. Share price rose 4.0% to NT$170 over the past week.
Reported Earnings • Aug 07Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: NT$3.40 (up from NT$2.03 in 2Q 2022). Revenue: NT$596.0m (up 14% from 2Q 2022). Net income: NT$200.6m (up 68% from 2Q 2022). Profit margin: 34% (up from 23% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 17Upcoming dividend of NT$9.40 per share at 5.6% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 17 August 2023. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.1%).
Major Estimate Revision • May 06Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$11.85 to NT$8.77. Revenue forecast unchanged from NT$2.23b at last update. Net income forecast to shrink 6.5% next year vs 9.2% decline forecast for Electronic industry in Taiwan. Consensus price target of NT$155 unchanged from last update. Share price was steady at NT$135 over the past week.
お知らせ • May 06Alltop Technology Co., Ltd. Announces the Appointment of Sean Chen as Corporate Governance OfficerAlltop Technology Co., Ltd. announced the appointment of Sean Chen as Corporate Governance Officer, effective May 5, 2023. Sean Chen is Manager of Investor Management Department. Reason for the change is new replacement.
Buying Opportunity • Apr 20Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$171, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 13% in a year. Earnings is forecast to grow by 25% in the next year.
Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$9.41 (down from NT$11.19 in FY 2021). Revenue: NT$2.31b (down 12% from FY 2021). Net income: NT$554.1m (down 14% from FY 2021). Profit margin: 24% (in line with FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 9.3%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
Price Target Changed • Nov 16Price target decreased to NT$148Down from NT$190, the current price target is provided by 1 analyst. New target price is 21% above last closing price of NT$122. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$10.56 for next year compared to NT$11.19 last year.
Reported Earnings • Nov 06Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: NT$3.06 (up from NT$2.71 in 3Q 2021). Revenue: NT$642.5m (down 5.4% from 3Q 2021). Net income: NT$180.5m (up 16% from 3Q 2021). Profit margin: 28% (up from 23% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 05Alltop Technology Co., Ltd. to Report Q3, 2022 Results on Nov 04, 2022Alltop Technology Co., Ltd. announced that they will report Q3, 2022 results on Nov 04, 2022
Price Target Changed • Oct 28Price target decreased to NT$148Down from NT$190, the current price target is provided by 1 analyst. New target price is 36% above last closing price of NT$109. Stock is down 31% over the past year. The company is forecast to post earnings per share of NT$10.56 for next year compared to NT$11.19 last year.
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$116, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$2.03 (down from NT$3.48 in 2Q 2021). Revenue: NT$524.7m (down 27% from 2Q 2021). Net income: NT$119.6m (down 38% from 2Q 2021). Profit margin: 23% (down from 27% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Over the next year, revenue is forecast to grow 25%, 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 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 18Upcoming dividend of NT$11.08 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 18 August 2022. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.7%).
Price Target Changed • Jul 12Price target decreased to NT$203Down from NT$220, the current price target is provided by 1 analyst. New target price is 43% above last closing price of NT$142. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$13.00 for next year compared to NT$11.19 last year.
お知らせ • Jul 07Alltop Technology Co., Ltd. Announces Changes of Dividend DistributionAlltop Technology Co., Ltd. announced the changes of dividend distribution. Type and monetary amount of original dividend distribution: Total TWD 652,946,479 in cash, per shares TWD 11.16. Type and monetary amount of dividend distribution after the change: Total TWD 652,946,479 in cash, per shares TWD 11.07603885. Reason for the change: Converting CB into Common Stock to participate in distribution. Shareholders' meeting authorized Board of Directors to change dividend distribution when former reason, and Board of Directors authorized to President on June 23, 2022.
お知らせ • Apr 13Alltop Technology Co., Ltd. Announces on Behalf of the Subsidiary alltop Electronic(Suzhou) & Liquan Technology(Taicang) Co. Ltd. to Suspend Operation to Meet with Epidemic PolicyAlltop Technology Co., Ltd. Announced on behalf of the subsidiary ALLTOP Electronic(Suzhou) & Liquan Technology(Taicang)CO. Ltd. suspended operation to meet with epidemic policy. Cause of occurrence: ALLTOP Electronic(Suzhou) & Liquan Technology(Taicang)CO.,Ltd. complies with the local government's epidemic prevention policy to suspend operation until April 17. Follow the local government¡¦s preventive measures and the following impact of operation depends on the government's relief status. 7.Any other matters that need to be specified: No significant impact on financial and business.
お知らせ • Mar 06Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2022Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2022. Location: Alltop Tech. Headquarters, 3F, No.102, Sec. 3, Jhongshan Rd., Jhonghe City Taipei Taiwan Agenda: To consider 2021 Business Report; To report 2021 employees' remuneration and directors' remuneration; to consider Corporate Social Responsibility Best Practice Principles, Directors and Supervisors; and to consider any other matter; Audit Committee's review report of 2021; to consider amend Guidelines for Acquisition and Disposal of Assets, Articles of Incorporation,Rules of Procedure for Shareholders Meeting.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$2.71 (vs NT$2.65 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$679.6m (up 15% from 3Q 2020). Net income: NT$155.9m (up 8.0% from 3Q 2020). Profit margin: 23% (down from 25% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$190, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 196% over the past three years.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$166, 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 196% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$3.48 (vs NT$3.83 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$723.0m (up 4.7% from 2Q 2020). Net income: NT$194.0m (down 6.3% from 2Q 2020). Profit margin: 27% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 38% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 03Upcoming dividend of NT$9.13 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 31 August 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$207, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 203% over the past three years.
Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$2.15 (vs NT$0.98 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$532.5m (up 65% from 1Q 2020). Net income: NT$124.9m (up 148% from 1Q 2020). Profit margin: 24% (up from 16% in 1Q 2020). The increase in margin was driven by higher revenue. 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 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$7.25 (vs NT$8.17 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.14b (up 8.2% from FY 2019). Net income: NT$519.4m (up 32% 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 26% per year whereas the company’s share price has increased by 22% per year.
お知らせ • Mar 12Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2021Alltop Technology Co., Ltd., Annual General Meeting, Jun 23, 2021. Location: Alltop Tech. Headquarters Taipei County Taiwan
Upcoming Dividend • Mar 11Upcoming Dividend of NT$2.50 Per ShareWill be paid on the 29th of March to those who are registered shareholders by the 18th of March. The trailing yield of 4.6% is below the top quartile of Taiwanese dividend payers (4.9%), but it is higher than industry peers (3.1%).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$125, the stock is trading at a trailing P/E ratio of 16.3x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 108%.
お知らせ • Feb 27Pan Jit International Inc. (TSEC:2481) completed the acquisition of Alltop Technology Co., Ltd. (GTSM:3526) from shareholders.Pan Jit International Inc. (TSEC:2481) made a tender offer to acquire Alltop Technology Co., Ltd. (GTSM:3526) from shareholders for TWD 7.6 billion on January 22, 2021. The shares will be acquired at TWD 105 per share in cash. The consideration will be financed from internal resources. The Board of Directors of Pan Jit International Inc. approved the deal. The tender offer will start no later than January 26, 2021. As of February 5, 2021, all the conditions for tender offer has been satisfied. The offer period will expire on February 25, 2021. Wilson Hsu of Wlcc Accountancy Corp acted as accountant and Jennifer Wang of Chen&Lin acted as legal advisor for Pan Jit. Pan Jit International Inc. (TSEC:2481) completed the acquisition of Alltop Technology Co., Ltd. (GTSM:3526) from shareholders on February 26, 2021.
Is New 90 Day High Low • Feb 20New 90-day high: NT$104The company is up 26% from its price of NT$82.30 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.
分析記事 • Jan 24Is Alltop Technology Co., Ltd.'s(GTSM:3526) Recent Stock Performance Tethered To Its Strong Fundamentals?Alltop Technology's (GTSM:3526) stock is up by a considerable 22% over the past three months. Given that the market...
お知らせ • Jan 24Pan Jit International Inc. (TSEC:2481) made a tender offer to acquire Alltop Technology Co., Ltd. (GTSM:3526) from shareholders for TWD 7.6 billion.Pan Jit International Inc. (TSEC:2481) made a tender offer to acquire Alltop Technology Co., Ltd. (GTSM:3526) from shareholders for TWD 7.6 billion on January 22, 2021. The shares will be acquired at TWD 105 per share in cash. The consideration will be financed from internal resources. The Board of Directors of Pan Jit International Inc. approved the deal. The tender offer will start no later than January 26, 2021. Wlcc Accountancy Corp acted as accountant for Pan Jit.
Is New 90 Day High Low • Jan 22New 90-day high: NT$94.50The company is up 18% from its price of NT$80.40 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.
分析記事 • Jan 08Did You Participate In Any Of Alltop Technology's (GTSM:3526) Incredible 450% Return?Buying shares in the best businesses can build meaningful wealth for you and your family. And we've seen some truly...
Is New 90 Day High Low • Jan 04New 90-day high: NT$87.50The company is up 5.0% from its price of NT$83.00 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
分析記事 • Dec 24Is Alltop Technology Co., Ltd. (GTSM:3526) A Good Fit For Your Dividend Portfolio?Is Alltop Technology Co., Ltd. ( GTSM:3526 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Dec 09Alltop Technology (GTSM:3526) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 26Why We Like The Returns At Alltop Technology (GTSM:3526)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analyst Estimate Surprise Post Earnings • Nov 09Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.4%. Earnings per share (EPS) also missed analyst estimates by 4.2%.
Reported Earnings • Nov 09Third quarter 2020 earnings released: EPS NT$1.99The company reported a solid third quarter result with improved revenues, although earnings and profit margins were flat. Third quarter 2020 results: Revenue: NT$590.2m (up 2.6% from 3Q 2019). Net income: NT$144.4m (flat on 3Q 2019). Profit margin: 25% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 07Alltop Technology Co., Ltd. to Report Q3, 2020 Results on Nov 06, 2020Alltop Technology Co., Ltd. announced that they will report Q3, 2020 results on Nov 06, 2020
Is New 90 Day High Low • Oct 27New 90-day low: NT$77.70The company is down 8.0% from its price of NT$84.40 on 29 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$57.39 per share.
Is New 90 Day High Low • Oct 12New 90-day low: NT$80.10The company is down 16% from its price of NT$95.20 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$57.41 per share.
Is New 90 Day High Low • Sep 26New 90-day low: NT$81.30The company is down 11% from its price of NT$91.70 on 24 June 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$57.00 per share.