View Past PerformanceAntec バランスシートの健全性財務の健全性 基準チェック /36Antecの総株主資本はNT$211.2M 、総負債はNT$120.0Mで、負債比率は56.8%となります。総資産と総負債はそれぞれNT$524.9MとNT$313.7Mです。主要情報56.81%負債資本比率NT$120.00m負債インタレスト・カバレッジ・レシオn/a現金NT$131.85mエクイティNT$211.22m負債合計NT$313.68m総資産NT$524.90m財務の健全性に関する最新情報分析記事 • Mar 17We Think Antec (GTSM:6276) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: NT$0.90 loss per share (vs NT$0.92 profit in 1Q 2025)First quarter 2026 results: NT$0.90 loss per share (down from NT$0.92 profit in 1Q 2025). Revenue: NT$238.8m (down 41% from 1Q 2025). Net loss: NT$19.9m (down 198% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$727.4m market cap, or US$22.7m).Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$37.80, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.92 (vs NT$2.16 loss in FY 2024)Full year 2025 results: EPS: NT$0.92 (up from NT$2.16 loss in FY 2024). Revenue: NT$1.44b (up 20% from FY 2024). Net income: NT$20.2m (up NT$67.8m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06Antec Inc., Annual General Meeting, Jun 11, 2026Antec Inc., Annual General Meeting, Jun 11, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanValuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$39.95, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 112% over the past three years.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$1.38 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (up from NT$1.38 loss in 3Q 2024). Revenue: NT$323.4m (up 5.0% from 3Q 2024). Net income: NT$5.64m (up NT$36.0m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.65 loss in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (improved from NT$0.65 loss in 2Q 2024). Revenue: NT$379.3m (up 22% from 2Q 2024). Net loss: NT$11.2m (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.92 (up from NT$0.31 loss in 1Q 2024). Revenue: NT$403.4m (up 68% from 1Q 2024). Net income: NT$20.2m (up NT$27.0m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 29Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to NT$45.70. The fair value is estimated to be NT$36.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Apr 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to NT$28.45. The fair value is estimated to be NT$36.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.New Risk • Mar 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$814.5m market cap, or US$24.6m).お知らせ • Mar 03Antec Inc., Annual General Meeting, Jun 19, 2025Antec Inc., Annual General Meeting, Jun 19, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanBuy Or Sell Opportunity • Feb 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$42.95. The fair value is estimated to be NT$35.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.New Risk • Feb 12New 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 6.4% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$782.5m market cap, or US$23.8m).Buy Or Sell Opportunity • Jan 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to NT$29.50. The fair value is estimated to be NT$37.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Dec 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to NT$29.70. The fair value is estimated to be NT$37.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.37 loss per share (vs NT$1.20 profit in 3Q 2023)Third quarter 2024 results: NT$1.37 loss per share (down from NT$1.20 profit in 3Q 2023). Revenue: NT$308.0m (flat on 3Q 2023). Net loss: NT$30.3m (down 214% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Sep 27Now 20% overvaluedOver the last 90 days, the stock has fallen 22% to NT$45.70. The fair value is estimated to be NT$38.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Aug 19Now 22% overvaluedOver the last 90 days, the stock has fallen 25% to NT$46.00. The fair value is estimated to be NT$37.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.65 loss per share (vs NT$1.10 profit in 2Q 2023)Second quarter 2024 results: NT$0.65 loss per share (down from NT$1.10 profit in 2Q 2023). Revenue: NT$310.3m (flat on 2Q 2023). Net loss: NT$14.3m (down 159% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$38.70, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 8.6% over the past three years.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$67.10, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.Reported Earnings • May 13First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.78 profit in 1Q 2023)First quarter 2024 results: NT$0.31 loss per share (down from NT$0.78 profit in 1Q 2023). Revenue: NT$240.4m (down 3.7% from 1Q 2023). Net loss: NT$6.86m (down 128% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 19Upcoming dividend of NT$2.27 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 18 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). In line with average of industry peers (3.2%).お知らせ • Mar 14Antec Inc., Annual General Meeting, Jun 21, 2024Antec Inc., Annual General Meeting, Jun 21, 2024.New Risk • Mar 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 143% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Market cap is less than US$100m (NT$1.58b market cap, or US$50.0m).Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$1.88 (vs NT$1.07 in FY 2022)Full year 2023 results: EPS: NT$1.88 (up from NT$1.07 in FY 2022). Revenue: NT$1.12b (down 6.2% from FY 2022). Net income: NT$56.3m (up 138% from FY 2022). Profit margin: 5.0% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$87.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$89.40, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 58%After last week's 58% share price gain to NT$80.60, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 168% over the past three years.Upcoming Dividend • Nov 30Upcoming dividend of NT$3.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 07 December 2023. Payment date: 25 December 2023. Payout ratio is a comfortable 21% and the cash payout ratio is 86%. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%).New Risk • Nov 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 51% 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 Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (51% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.68b market cap, or US$53.7m).Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$54.40, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$48.00, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$55.10, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$42.55, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 115% over the past three years.Buying Opportunity • Jun 07Now 22% undervaluedOver the last 90 days, the stock is up 99%. The fair value is estimated to be NT$43.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.Buying Opportunity • May 17Now 21% undervaluedOver the last 90 days, the stock is up 107%. The fair value is estimated to be NT$43.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$27.10, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 91% over the past three years.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$20.50, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 87% over the past three years.Upcoming Dividend • Mar 24Upcoming dividend of NT$0.70 per share at 3.4% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 25 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.6%).Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.75 (vs NT$1.09 in FY 2021)Full year 2022 results: EPS: NT$0.75 (down from NT$1.09 in FY 2021). Revenue: NT$1.19b (down 20% from FY 2021). Net income: NT$23.7m (down 31% from FY 2021). Profit margin: 2.0% (down from 2.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be NT$15.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be NT$17.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Sep 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.17 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.01 (down from NT$0.17 in 2Q 2021). Revenue: NT$329.6m (down 7.3% from 2Q 2021). Net income: NT$369.0k (down 93% from 2Q 2021). Profit margin: 0.1% (down from 1.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.30 loss per share (vs NT$1.52 profit in 1Q 2021)First quarter 2022 results: NT$0.30 loss per share (down from NT$1.52 profit in 1Q 2021). Revenue: NT$332.8m (down 32% from 1Q 2021). Net loss: NT$9.46m (down 120% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 28 April 2022. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.4%).Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.09 (down from NT$3.54 in FY 2020). Revenue: NT$1.49b (down 13% from FY 2020). Net income: NT$34.5m (down 68% from FY 2020). Profit margin: 2.3% (down from 6.4% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.41 loss per share (vs NT$0.96 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$306.8m (down 31% from 3Q 2020). Net loss: NT$12.9m (down 143% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.78 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$355.5m (down 8.8% from 2Q 2020). Net income: NT$5.42m (down 77% from 2Q 2020). Profit margin: 1.5% (down from 6.1% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$29.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.Upcoming Dividend • Jul 30Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 06 August 2021. Payment date: 31 August 2021. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.52 (vs NT$0.57 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$486.4m (up 47% from 1Q 2020). Net income: NT$47.7m (up 177% from 1Q 2020). Profit margin: 9.8% (up from 5.2% 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 113% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 06Why The 28% Return On Capital At Antec (GTSM:6276) Should Have Your AttentionIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Mar 17We Think Antec (GTSM:6276) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 12Full year 2020 earnings released: EPS NT$3.54 (vs NT$0.86 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.72b (up 34% from FY 2019). Net income: NT$109.2m (up 294% from FY 2019). Profit margin: 6.4% (up from 2.2% 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 119% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$39.70, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 181%.分析記事 • Feb 16What To Know Before Buying Antec Inc. (GTSM:6276) For Its DividendDividend paying stocks like Antec Inc. ( GTSM:6276 ) tend to be popular with investors, and for good reason - some...分析記事 • Jan 26Antec Inc.'s (GTSM:6276) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Antec's (GTSM:6276) stock is up by a considerable 21% over the past three months. Since the market usually pay for a...分析記事 • Jan 06Here's Why We Don't Think Antec's (GTSM:6276) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$44.70, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 14.9x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 234%.分析記事 • Dec 09Antec (GTSM:6276): Are Investors Overlooking Returns On Capital?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Is New 90 Day High Low • Dec 08New 90-day high: NT$37.20The company is up 8.0% from its price of NT$34.30 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.96The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$442.4m (up 38% from 3Q 2019). Net income: NT$30.0m (up 338% from 3Q 2019). Profit margin: 6.8% (up from 2.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.財務状況分析短期負債: 6276の 短期資産 ( NT$455.4M ) が 短期負債 ( NT$302.5M ) を超えています。長期負債: 6276の短期資産 ( NT$455.4M ) が 長期負債 ( NT$11.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 6276総負債よりも多くの現金を保有しています。負債の削減: 6276の負債対資本比率は、過去 5 年間で10.1%から56.8%に増加しました。債務返済能力: 6276の 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: 6276の負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 22:35終値2026/05/22 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Antec Inc. 0 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。0
分析記事 • Mar 17We Think Antec (GTSM:6276) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • May 15First quarter 2026 earnings released: NT$0.90 loss per share (vs NT$0.92 profit in 1Q 2025)First quarter 2026 results: NT$0.90 loss per share (down from NT$0.92 profit in 1Q 2025). Revenue: NT$238.8m (down 41% from 1Q 2025). Net loss: NT$19.9m (down 198% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$727.4m market cap, or US$22.7m).
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$37.80, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.92 (vs NT$2.16 loss in FY 2024)Full year 2025 results: EPS: NT$0.92 (up from NT$2.16 loss in FY 2024). Revenue: NT$1.44b (up 20% from FY 2024). Net income: NT$20.2m (up NT$67.8m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06Antec Inc., Annual General Meeting, Jun 11, 2026Antec Inc., Annual General Meeting, Jun 11, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$39.95, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 112% over the past three years.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$1.38 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (up from NT$1.38 loss in 3Q 2024). Revenue: NT$323.4m (up 5.0% from 3Q 2024). Net income: NT$5.64m (up NT$36.0m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.65 loss in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (improved from NT$0.65 loss in 2Q 2024). Revenue: NT$379.3m (up 22% from 2Q 2024). Net loss: NT$11.2m (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.92 (up from NT$0.31 loss in 1Q 2024). Revenue: NT$403.4m (up 68% from 1Q 2024). Net income: NT$20.2m (up NT$27.0m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 29Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to NT$45.70. The fair value is estimated to be NT$36.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Apr 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to NT$28.45. The fair value is estimated to be NT$36.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Mar 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$814.5m market cap, or US$24.6m).
お知らせ • Mar 03Antec Inc., Annual General Meeting, Jun 19, 2025Antec Inc., Annual General Meeting, Jun 19, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Buy Or Sell Opportunity • Feb 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$42.95. The fair value is estimated to be NT$35.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Feb 12New 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 6.4% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$782.5m market cap, or US$23.8m).
Buy Or Sell Opportunity • Jan 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to NT$29.50. The fair value is estimated to be NT$37.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Dec 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to NT$29.70. The fair value is estimated to be NT$37.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.37 loss per share (vs NT$1.20 profit in 3Q 2023)Third quarter 2024 results: NT$1.37 loss per share (down from NT$1.20 profit in 3Q 2023). Revenue: NT$308.0m (flat on 3Q 2023). Net loss: NT$30.3m (down 214% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Sep 27Now 20% overvaluedOver the last 90 days, the stock has fallen 22% to NT$45.70. The fair value is estimated to be NT$38.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Aug 19Now 22% overvaluedOver the last 90 days, the stock has fallen 25% to NT$46.00. The fair value is estimated to be NT$37.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.65 loss per share (vs NT$1.10 profit in 2Q 2023)Second quarter 2024 results: NT$0.65 loss per share (down from NT$1.10 profit in 2Q 2023). Revenue: NT$310.3m (flat on 2Q 2023). Net loss: NT$14.3m (down 159% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$38.70, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 8.6% over the past three years.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$67.10, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Reported Earnings • May 13First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.78 profit in 1Q 2023)First quarter 2024 results: NT$0.31 loss per share (down from NT$0.78 profit in 1Q 2023). Revenue: NT$240.4m (down 3.7% from 1Q 2023). Net loss: NT$6.86m (down 128% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 19Upcoming dividend of NT$2.27 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 18 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). In line with average of industry peers (3.2%).
お知らせ • Mar 14Antec Inc., Annual General Meeting, Jun 21, 2024Antec Inc., Annual General Meeting, Jun 21, 2024.
New Risk • Mar 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 143% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Market cap is less than US$100m (NT$1.58b market cap, or US$50.0m).
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$1.88 (vs NT$1.07 in FY 2022)Full year 2023 results: EPS: NT$1.88 (up from NT$1.07 in FY 2022). Revenue: NT$1.12b (down 6.2% from FY 2022). Net income: NT$56.3m (up 138% from FY 2022). Profit margin: 5.0% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$87.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$89.40, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 58%After last week's 58% share price gain to NT$80.60, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 168% over the past three years.
Upcoming Dividend • Nov 30Upcoming dividend of NT$3.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 07 December 2023. Payment date: 25 December 2023. Payout ratio is a comfortable 21% and the cash payout ratio is 86%. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%).
New Risk • Nov 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 51% 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 Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (51% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.68b market cap, or US$53.7m).
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$54.40, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$48.00, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$55.10, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$42.55, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 115% over the past three years.
Buying Opportunity • Jun 07Now 22% undervaluedOver the last 90 days, the stock is up 99%. The fair value is estimated to be NT$43.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.
Buying Opportunity • May 17Now 21% undervaluedOver the last 90 days, the stock is up 107%. The fair value is estimated to be NT$43.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$27.10, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 91% over the past three years.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$20.50, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 87% over the past three years.
Upcoming Dividend • Mar 24Upcoming dividend of NT$0.70 per share at 3.4% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 25 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.6%).
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.75 (vs NT$1.09 in FY 2021)Full year 2022 results: EPS: NT$0.75 (down from NT$1.09 in FY 2021). Revenue: NT$1.19b (down 20% from FY 2021). Net income: NT$23.7m (down 31% from FY 2021). Profit margin: 2.0% (down from 2.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be NT$15.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be NT$17.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Sep 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.17 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.01 (down from NT$0.17 in 2Q 2021). Revenue: NT$329.6m (down 7.3% from 2Q 2021). Net income: NT$369.0k (down 93% from 2Q 2021). Profit margin: 0.1% (down from 1.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.30 loss per share (vs NT$1.52 profit in 1Q 2021)First quarter 2022 results: NT$0.30 loss per share (down from NT$1.52 profit in 1Q 2021). Revenue: NT$332.8m (down 32% from 1Q 2021). Net loss: NT$9.46m (down 120% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 28 April 2022. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.4%).
Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.09 (down from NT$3.54 in FY 2020). Revenue: NT$1.49b (down 13% from FY 2020). Net income: NT$34.5m (down 68% from FY 2020). Profit margin: 2.3% (down from 6.4% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.41 loss per share (vs NT$0.96 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$306.8m (down 31% from 3Q 2020). Net loss: NT$12.9m (down 143% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.78 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$355.5m (down 8.8% from 2Q 2020). Net income: NT$5.42m (down 77% from 2Q 2020). Profit margin: 1.5% (down from 6.1% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$29.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.
Upcoming Dividend • Jul 30Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 06 August 2021. Payment date: 31 August 2021. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.52 (vs NT$0.57 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$486.4m (up 47% from 1Q 2020). Net income: NT$47.7m (up 177% from 1Q 2020). Profit margin: 9.8% (up from 5.2% 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 113% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 06Why The 28% Return On Capital At Antec (GTSM:6276) Should Have Your AttentionIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Mar 17We Think Antec (GTSM:6276) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 12Full year 2020 earnings released: EPS NT$3.54 (vs NT$0.86 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.72b (up 34% from FY 2019). Net income: NT$109.2m (up 294% from FY 2019). Profit margin: 6.4% (up from 2.2% 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 119% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$39.70, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 181%.
分析記事 • Feb 16What To Know Before Buying Antec Inc. (GTSM:6276) For Its DividendDividend paying stocks like Antec Inc. ( GTSM:6276 ) tend to be popular with investors, and for good reason - some...
分析記事 • Jan 26Antec Inc.'s (GTSM:6276) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Antec's (GTSM:6276) stock is up by a considerable 21% over the past three months. Since the market usually pay for a...
分析記事 • Jan 06Here's Why We Don't Think Antec's (GTSM:6276) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$44.70, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 14.9x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 234%.
分析記事 • Dec 09Antec (GTSM:6276): Are Investors Overlooking Returns On Capital?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Is New 90 Day High Low • Dec 08New 90-day high: NT$37.20The company is up 8.0% from its price of NT$34.30 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.96The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$442.4m (up 38% from 3Q 2019). Net income: NT$30.0m (up 338% from 3Q 2019). Profit margin: 6.8% (up from 2.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.