View Future GrowthSynnex Technology International 過去の業績過去 基準チェック /36Synnex Technology Internationalの収益は年間平均-13.6%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間0.4% 1.6%割合で 増加しています。 Synnex Technology Internationalの自己資本利益率は12.5%であり、純利益率は2.2%です。主要情報-13.64%収益成長率-14.36%EPS成長率Electronic 業界の成長14.81%収益成長率1.56%株主資本利益率12.52%ネット・マージン2.15%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$126.4b (up 38% from 1Q 2025). Net income: NT$2.95b (up 62% from 1Q 2025). Profit margin: 2.3% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Mar 11Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$5.08 (down from NT$5.52 in FY 2024). Revenue: NT$411.2b (down 3.5% from FY 2024). Net income: NT$8.47b (down 8.1% from FY 2024). Profit margin: 2.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.5% 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 fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.54 (up from NT$1.35 in 3Q 2024). Revenue: NT$100.2b (down 7.9% from 3Q 2024). Net income: NT$2.56b (up 14% from 3Q 2024). Profit margin: 2.6% (up from 2.1% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. 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 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.79 (down from NT$1.10 in 2Q 2024). Revenue: NT$93.3b (down 6.9% from 2Q 2024). Net income: NT$1.31b (down 28% from 2Q 2024). Profit margin: 1.4% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$1.10 (down from NT$1.32 in 1Q 2024). Revenue: NT$91.4b (down 12% from 1Q 2024). Net income: NT$1.83b (down 17% from 1Q 2024). Profit margin: 2.0% (down from 2.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 8.0% 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 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Mar 14Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$5.52 (up from NT$4.37 in FY 2023). Revenue: NT$426.0b (up 7.6% from FY 2023). Net income: NT$9.21b (up 26% from FY 2023). Profit margin: 2.2% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesMajor Estimate Revision • May 12Consensus revenue estimates increase by 27%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$464.3b to NT$588.8b. EPS estimate increased from NT$5.90 to NT$8.18 per share. Net income forecast to grow 47% next year vs 46% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$82.50 to NT$103. Share price rose 3.4% to NT$85.00 over the past week.Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$126.4b (up 38% from 1Q 2025). Net income: NT$2.95b (up 62% from 1Q 2025). Profit margin: 2.3% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 5.4% 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 • Mar 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$80.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.Price Target Changed • Mar 17Price target increased by 12% to NT$77.67Up from NT$69.33, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$78.60. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of NT$5.90 for next year compared to NT$5.08 last year.Major Estimate Revision • Mar 17Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from NT$5.30 to NT$5.90. Revenue forecast unchanged at NT$464.3b. Net income forecast to grow 16% next year vs 24% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$69.33 to NT$77.67. Share price rose 14% to NT$78.60 over the past week.お知らせ • Mar 11Synnex Technology International Corporation, Annual General Meeting, May 29, 2026Synnex Technology International Corporation, Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,209, sec.1 nan kang rd., taipei city TaiwanReported Earnings • Mar 11Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$5.08 (down from NT$5.52 in FY 2024). Revenue: NT$411.2b (down 3.5% from FY 2024). Net income: NT$8.47b (down 8.1% from FY 2024). Profit margin: 2.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.5% 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 fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.54 (up from NT$1.35 in 3Q 2024). Revenue: NT$100.2b (down 7.9% from 3Q 2024). Net income: NT$2.56b (up 14% from 3Q 2024). Profit margin: 2.6% (up from 2.1% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. 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 3% per year, which means it is well ahead of earnings.Major Estimate Revision • Aug 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$437.3b to NT$400.8b. EPS estimate also fell from NT$5.86 per share to NT$4.59 per share. Net income forecast to grow 3.9% next year vs 18% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$70.00 unchanged from last update. Share price fell 11% to NT$59.60 over the past week.Price Target Changed • Aug 11Price target decreased by 7.2% to NT$77.50Down from NT$83.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of NT$60.70. Stock is down 15% over the past year. The company is forecast to post earnings per share of NT$4.67 for next year compared to NT$5.52 last year.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.79 (down from NT$1.10 in 2Q 2024). Revenue: NT$93.3b (down 6.9% from 2Q 2024). Net income: NT$1.31b (down 28% from 2Q 2024). Profit margin: 1.4% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 June 2025. Payment date: 18 July 2025. Payout ratio and cash payout ratio are on the higher end at 75% and 83% respectively. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).Declared Dividend • May 19Dividend increased to NT$4.00Dividend of NT$4.00 is 33% higher than last year. Ex-date: 23rd June 2025 Payment date: 18th July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$1.10 (down from NT$1.32 in 1Q 2024). Revenue: NT$91.4b (down 12% from 1Q 2024). Net income: NT$1.83b (down 17% from 1Q 2024). Profit margin: 2.0% (down from 2.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 8.0% 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 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$62.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total loss to shareholders of 4.1% over the past three years.お知らせ • Mar 14Synnex Technology International Corporation, Annual General Meeting, May 29, 2025Synnex Technology International Corporation, Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,209, sec.1 nan kang rd., taipei city TaiwanReported Earnings • Mar 14Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$5.52 (up from NT$4.37 in FY 2023). Revenue: NT$426.0b (up 7.6% from FY 2023). Net income: NT$9.21b (up 26% from FY 2023). Profit margin: 2.2% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Mar 13Synnex Technology International Corporation Proposes Cash Dividend for the Year Ended December 31, 2024Synnex Technology International Corporation proposed cash dividend of TWD 4.0 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 6,671,787,872.お知らせ • Mar 05Synnex Technology International Corporation to Report Q4, 2024 Results on Mar 12, 2025Synnex Technology International Corporation announced that they will report Q4, 2024 results on Mar 12, 2025分析記事 • Dec 19Investors Don't See Light At End Of Synnex Technology International Corporation's (TWSE:2347) TunnelSynnex Technology International Corporation's ( TWSE:2347 ) price-to-earnings (or "P/E") ratio of 14.1x might make it...Buy Or Sell Opportunity • Dec 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to NT$75.70. The fair value is estimated to be NT$62.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 31%. Revenue is forecast to grow by 8.0% in a year. Earnings are forecast to grow by 15% in the next year.分析記事 • Dec 03Calculating The Fair Value Of Synnex Technology International Corporation (TWSE:2347)Key Insights The projected fair value for Synnex Technology International is NT$63.16 based on Dividend Discount Model...Buy Or Sell Opportunity • Nov 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.6% to NT$76.00. The fair value is estimated to be NT$63.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 31%. Revenue is forecast to grow by 8.0% in a year. Earnings are forecast to grow by 15% in the next year.Reported Earnings • Nov 06Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$1.35 (up from NT$1.02 in 3Q 2023). Revenue: NT$108.8b (up 11% from 3Q 2023). Net income: NT$2.26b (up 33% from 3Q 2023). Profit margin: 2.1% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 8.8% 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 fallen by 31% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Oct 26Synnex Technology International Corporation to Report Q3, 2024 Results on Nov 04, 2024Synnex Technology International Corporation announced that they will report Q3, 2024 results on Nov 04, 2024分析記事 • Sep 25Synnex Technology International (TWSE:2347) Will Be Hoping To Turn Its Returns On Capital AroundDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...分析記事 • Aug 25Earnings Working Against Synnex Technology International Corporation's (TWSE:2347) Share PriceWith a price-to-earnings (or "P/E") ratio of 14.8x Synnex Technology International Corporation ( TWSE:2347 ) may be...Reported Earnings • Aug 09Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: NT$1.09 (up from NT$1.02 in 2Q 2023). Revenue: NT$100.2b (up 5.5% from 2Q 2023). Net income: NT$1.83b (up 7.5% from 2Q 2023). Profit margin: 1.8% (in line with 2Q 2023). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 7.9% 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 fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.分析記事 • Aug 08A Look At The Fair Value Of Synnex Technology International Corporation (TWSE:2347)Key Insights Synnex Technology International's estimated fair value is NT$64.23 based on Dividend Discount Model...お知らせ • Aug 02Synnex Technology International Corporation to Report Q2, 2024 Results on Aug 08, 2024Synnex Technology International Corporation announced that they will report Q2, 2024 results on Aug 08, 2024Board Change • Aug 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Hui-Min Chung was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Jul 23Does Synnex Technology International (TWSE:2347) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$73.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$55.62 per share.Upcoming Dividend • Jun 17Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.7%).分析記事 • May 29Synnex Technology International (TWSE:2347) Could Be Struggling To Allocate CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Reported Earnings • May 11First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: NT$1.32 (up from NT$1.04 in 1Q 2023). Revenue: NT$103.8b (up 17% from 1Q 2023). Net income: NT$2.20b (up 27% from 1Q 2023). Profit margin: 2.1% (up from 2.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.9% 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 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.分析記事 • May 06Calculating The Fair Value Of Synnex Technology International Corporation (TWSE:2347)Key Insights The projected fair value for Synnex Technology International is NT$85.97 based on 2 Stage Free Cash Flow...分析記事 • Apr 19Synnex Technology International (TWSE:2347) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Apr 02Synnex Technology International Corporation's (TWSE:2347) Shares Lagging The Market But So Is The BusinessWith a price-to-earnings (or "P/E") ratio of 17.6x Synnex Technology International Corporation ( TWSE:2347 ) may be...Price Target Changed • Mar 20Price target increased by 11% to NT$73.37Up from NT$66.00, the current price target is an average from 3 analysts. New target price is 6.2% below last closing price of NT$78.20. Stock is up 27% over the past year. The company is forecast to post earnings per share of NT$5.03 for next year compared to NT$4.37 last year.Reported Earnings • Mar 16Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: EPS: NT$4.37 (down from NT$9.44 in FY 2022). Revenue: NT$396.0b (down 6.7% from FY 2022). Net income: NT$7.29b (down 54% from FY 2022). Profit margin: 1.8% (down from 3.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.0% 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 14% per year, which means it is well ahead of earnings.お知らせ • Mar 15Synnex Technology International Corporation, Annual General Meeting, May 31, 2024Synnex Technology International Corporation, Annual General Meeting, May 31, 2024.お知らせ • Mar 14Synnex Technology International Corporation Proposes Cash Dividend for the Year Ended December 31, 2023Synnex Technology International Corporation proposed cash dividends to shareholders of TWD 3.0 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders: TWD 5,003,840,904. Date of the board of directors resolution: March 13, 2024.Price Target Changed • Jan 23Price target increased by 13% to NT$66.00Up from NT$58.50, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of NT$71.60. Stock is up 19% over the past year. The company is forecast to post earnings per share of NT$4.38 for next year compared to NT$9.44 last year.お知らせ • Dec 08Synnex Technology International Ordinary Shares to Be Deleted from OTC EquitySynnex Technology International Corporation Ordinary Shares (Taiwan) will be deleted from OTC Equity effective December 07, 2023, due to Inactive Security.New Risk • Nov 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.9% net profit margin).Price Target Changed • Nov 13Price target increased by 12% to NT$61.50Up from NT$55.00, the current price target is an average from 2 analysts. New target price is 5.8% below last closing price of NT$65.30. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$4.33 for next year compared to NT$9.44 last year.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: NT$1.02 (vs NT$1.43 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.02 (down from NT$1.43 in 2Q 2022). Revenue: NT$94.9b (down 8.1% from 2Q 2022). Net income: NT$1.70b (down 29% from 2Q 2022). Profit margin: 1.8% (down from 2.3% in 2Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 31Upcoming dividend of NT$3.50 per share at 5.5% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.4%).Reported Earnings • May 10First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: NT$1.04 (down from NT$1.53 in 1Q 2022). Revenue: NT$88.6b (down 12% from 1Q 2022). Net income: NT$1.73b (down 32% from 1Q 2022). Profit margin: 2.0% (down from 2.5% in 1Q 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Mar 15Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$440.4b to NT$430.7b. EPS estimate also fell from NT$5.82 per share to NT$5.15 per share. Net income forecast to shrink 45% next year vs 3.5% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$57.00 to NT$54.00. Share price fell 5.0% to NT$61.10 over the past week.Reported Earnings • Mar 10Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$9.44 (down from NT$10.36 in FY 2021). Revenue: NT$424.6b (up 3.8% from FY 2021). Net income: NT$15.7b (down 8.8% from FY 2021). Profit margin: 3.7% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 23Price target decreased by 8.1% to NT$57.00Down from NT$62.00, the current price target is provided by 1 analyst. New target price is 10% below last closing price of NT$63.60. Stock is down 12% over the past year. The company is forecast to post earnings per share of NT$9.31 for next year compared to NT$10.35 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chien-Shen Hsuan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: NT$5.01 (up from NT$5.01 in 3Q 2021). Revenue: NT$108.8b (up 7.1% from 3Q 2021). Net income: NT$8.36b (flat on 3Q 2021). Profit margin: 7.7% (down from 8.2% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.3% p.a. on average during the next 3 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 39% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$438.4b to NT$424.3b. EPS estimate rose from NT$6.74 to NT$9.73. Net income forecast to shrink 16% next year vs 7.7% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$79.50 to NT$68.50. Share price was steady at NT$55.00 over the past week.Price Target Changed • Aug 09Price target decreased to NT$68.50Down from NT$74.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$55.20. Stock is up 4.7% over the past year. The company is forecast to post earnings per share of NT$9.73 for next year compared to NT$10.35 last year.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.43 (down from NT$2.00 in 2Q 2021). Revenue: NT$103.4b (up 7.0% from 2Q 2021). Net income: NT$2.38b (down 29% from 2Q 2021). Profit margin: 2.3% (down from 3.5% in 2Q 2021). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 9.5%. Over the next year, revenue is forecast to grow 6.5%, 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 41% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$58.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 95% over the past three years.Upcoming Dividend • Jun 02Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 7.2%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.2%).Reported Earnings • May 06First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: NT$1.53 (up from NT$1.52 in 1Q 2021). Revenue: NT$100.9b (up 16% from 1Q 2021). Net income: NT$2.54b (flat on 1Q 2021). Profit margin: 2.5% (down from 2.9% in 1Q 2021). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.3%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 28% 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 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chien-Shen Hsuan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 09Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$10.35 (up from NT$4.89 in FY 2020). Revenue: NT$408.8b (up 22% from FY 2020). Net income: NT$17.3b (up 112% from FY 2020). Profit margin: 4.2% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.2%, compared to a 9.0% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 20Price target increased to NT$74.50Up from NT$68.00, the current price target is provided by 1 analyst. New target price is 6.9% above last closing price of NT$69.70. Stock is up 46% over the past year. The company is forecast to post earnings per share of NT$10.13 for next year compared to NT$4.89 last year.Price Target Changed • Nov 24Price target increased to NT$72.00Up from NT$66.00, the current price target is an average from 2 analysts. New target price is 23% above last closing price of NT$58.70. Stock is up 35% over the past year. The company is forecast to post earnings per share of NT$10.01 for next year compared to NT$4.89 last year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$5.00 (vs NT$1.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$101.6b (up 13% from 3Q 2020). Net income: NT$8.35b (up 298% from 3Q 2020). Profit margin: 8.2% (up from 2.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$2.00 (vs NT$1.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$96.6b (up 27% from 2Q 2020). Net income: NT$3.34b (up 87% from 2Q 2020). Profit margin: 3.5% (up from 2.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year.Price Target Changed • Jun 11Price target increased to NT$67.50Up from NT$60.17, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$53.70. Stock is up 17% over the past year.Upcoming Dividend • Jun 01Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 08 June 2021. Payment date: 06 July 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (3.1%).Major Estimate Revision • May 18Consensus EPS estimates increase to NT$6.04The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from NT$373.7b to NT$392.6b. EPS estimate increased from NT$5.46 to NT$6.04 per share. Net income forecast to grow 16% next year vs 21% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$61.17. Share price rose 3.7% to NT$58.20 over the past week.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.52 (vs NT$1.08 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$86.7b (up 26% from 1Q 2020). Net income: NT$2.54b (up 41% from 1Q 2020). Profit margin: 2.9% (up from 2.6% 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 6% per year and the company’s share price has also increased by 6% per year.分析記事 • Apr 15Should You Buy Synnex Technology International Corporation (TPE:2347) For Its Dividend?Is Synnex Technology International Corporation ( TPE:2347 ) a good dividend stock? How can we tell? Dividend paying...分析記事 • Apr 02Does Synnex Technology International (TPE:2347) Deserve A Spot On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...分析記事 • Mar 20Is Synnex Technology International (TPE:2347) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Mar 17Price target increased to NT$57.75Up from NT$50.88, the current price target is provided by 1 analyst. New target price is 5.2% above last closing price of NT$54.90. Stock is up 59% over the past year.Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$4.89 (vs NT$4.09 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$334.2b (down 1.7% from FY 2019). Net income: NT$8.16b (up 20% from FY 2019). Profit margin: 2.4% (up from 2.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.分析記事 • Mar 07A Look At The Fair Value Of Synnex Technology International Corporation (TPE:2347)In this article we are going to estimate the intrinsic value of Synnex Technology International Corporation ( TPE:2347...分析記事 • Feb 23Are Robust Financials Driving The Recent Rally In Synnex Technology International Corporation's (TPE:2347) Stock?Most readers would already be aware that Synnex Technology International's (TPE:2347) stock increased significantly by...Is New 90 Day High Low • Feb 22New 90-day high: NT$47.85The company is up 10.0% from its price of NT$43.50 on 24 November 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 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$44.51 per share.分析記事 • Feb 11What You Need To Know About Synnex Technology International Corporation's (TPE:2347) Investor CompositionThe big shareholder groups in Synnex Technology International Corporation ( TPE:2347 ) have power over the company...分析記事 • Jan 30What Do The Returns At Synnex Technology International (TPE:2347) Mean Going Forward?If 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 • Jan 17Did You Participate In Any Of Synnex Technology International's (TPE:2347) Fantastic 111% Return ?When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...Is New 90 Day High Low • Jan 05New 90-day high: NT$47.70The company is up 18% from its price of NT$40.50 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$45.00 per share.分析記事 • Jan 04Could Synnex Technology International Corporation (TPE:2347) Have The Makings Of Another Dividend Aristocrat?Is Synnex Technology International Corporation ( TPE:2347 ) a good dividend stock? How can we tell? Dividend paying...分析記事 • Dec 22With EPS Growth And More, Synnex Technology International (TPE:2347) Is InterestingLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Is New 90 Day High Low • Dec 16New 90-day high: NT$45.80The company is up 8.0% from its price of NT$42.35 on 17 September 2020. The Taiwanese market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$50.68 per share.分析記事 • Dec 09Synnex Technology International (TPE:2347) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Nov 27New 90-day high: NT$44.95The company is up 2.0% from its price of NT$44.25 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$43.92 per share.分析記事 • Nov 26A Look At The Fair Value Of Synnex Technology International Corporation (TPE:2347)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Synnex Technology...Analyst Estimate Surprise Post Earnings • Nov 18Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 5.4%, compared to a 11% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS NT$1.26The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$89.6b (up 2.5% from 3Q 2019). Net income: NT$2.10b (up 29% from 3Q 2019). Profit margin: 2.3% (up from 1.9% 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 4% per year and the company’s share price has also increased by 4% per year.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS NT$1.26The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$89.6b (up 2.5% from 3Q 2019). Net income: NT$2.10b (up 29% from 3Q 2019). Profit margin: 2.3% (up from 1.9% 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 4% per year whereas the company’s share price has increased by 5% per year.Analyst Estimate Surprise Post Earnings • Nov 11Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.0%, compared to a 11% growth forecast for the Electronic industry in Taiwan.収支内訳Synnex Technology International の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:2347 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 26446,1139,5957,349031 Dec 25411,1538,4677,400030 Sep 25398,1898,6417,480030 Jun 25406,7668,3327,866031 Mar 25413,6568,8438,113031 Dec 24426,0099,2138,212030 Sep 24426,9708,4388,305030 Jun 24416,4017,8828,181031 Mar 24411,1427,7548,349031 Dec 23395,9917,2898,450030 Sep 23393,3227,5938,535030 Jun 23403,88114,2568,760031 Mar 23412,28514,9358,631031 Dec 22424,55015,7498,513030 Sep 22436,94316,3368,546030 Jun 22429,71916,3218,361031 Mar 22422,93217,2798,139031 Dec 21408,81217,2728,076030 Sep 21384,80716,6978,014030 Jun 21372,86410,4467,860031 Mar 21352,2408,8957,797031 Dec 20334,2018,1597,702030 Sep 20327,5547,6227,188030 Jun 20325,3787,1477,731031 Mar 20327,3676,9307,935031 Dec 19339,9956,8158,202030 Sep 19345,4376,2158,571030 Jun 19362,5696,0948,254031 Mar 19375,2056,0448,309031 Dec 18383,1956,6078,226030 Sep 18391,4427,0388,256030 Jun 18387,1167,4158,159031 Mar 18376,9937,2258,038031 Dec 17364,2086,1157,930030 Sep 17347,8835,6728,075030 Jun 17338,5975,0158,008031 Mar 17341,7414,8097,975031 Dec 16342,6964,8777,862030 Sep 16346,2643,9788,239030 Jun 16339,8023,0577,972031 Mar 16329,3903,2387,703031 Dec 15322,1333,1867,643030 Sep 15312,6594,1437,097030 Jun 15318,8665,3377,0870質の高い収益: 2347 非現金収入 のレベルが高いです。利益率の向上: 2347の現在の純利益率 (2.2%)は、昨年(2.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 2347の収益は過去 5 年間で年間13.6%減少しました。成長の加速: 2347の過去 1 年間の収益成長率 ( 8.5% ) は、5 年間の平均 ( 年間-13.6%を上回っています。収益対業界: 2347の過去 1 年間の収益成長率 ( 8.5% ) はElectronic業界-4%を上回りました。株主資本利益率高いROE: 2347の 自己資本利益率 ( 12.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health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 20:46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Synnex Technology International Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Jones KuBarclaysRobert ChengBofA Global ResearchJunhong PanCGS International15 その他のアナリストを表示
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$126.4b (up 38% from 1Q 2025). Net income: NT$2.95b (up 62% from 1Q 2025). Profit margin: 2.3% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Mar 11Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$5.08 (down from NT$5.52 in FY 2024). Revenue: NT$411.2b (down 3.5% from FY 2024). Net income: NT$8.47b (down 8.1% from FY 2024). Profit margin: 2.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.5% 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 fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.54 (up from NT$1.35 in 3Q 2024). Revenue: NT$100.2b (down 7.9% from 3Q 2024). Net income: NT$2.56b (up 14% from 3Q 2024). Profit margin: 2.6% (up from 2.1% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. 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 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.79 (down from NT$1.10 in 2Q 2024). Revenue: NT$93.3b (down 6.9% from 2Q 2024). Net income: NT$1.31b (down 28% from 2Q 2024). Profit margin: 1.4% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$1.10 (down from NT$1.32 in 1Q 2024). Revenue: NT$91.4b (down 12% from 1Q 2024). Net income: NT$1.83b (down 17% from 1Q 2024). Profit margin: 2.0% (down from 2.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 8.0% 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 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 14Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$5.52 (up from NT$4.37 in FY 2023). Revenue: NT$426.0b (up 7.6% from FY 2023). Net income: NT$9.21b (up 26% from FY 2023). Profit margin: 2.2% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • May 12Consensus revenue estimates increase by 27%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$464.3b to NT$588.8b. EPS estimate increased from NT$5.90 to NT$8.18 per share. Net income forecast to grow 47% next year vs 46% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$82.50 to NT$103. Share price rose 3.4% to NT$85.00 over the past week.
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$126.4b (up 38% from 1Q 2025). Net income: NT$2.95b (up 62% from 1Q 2025). Profit margin: 2.3% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 5.4% 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 • Mar 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$80.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Price Target Changed • Mar 17Price target increased by 12% to NT$77.67Up from NT$69.33, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$78.60. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of NT$5.90 for next year compared to NT$5.08 last year.
Major Estimate Revision • Mar 17Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from NT$5.30 to NT$5.90. Revenue forecast unchanged at NT$464.3b. Net income forecast to grow 16% next year vs 24% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$69.33 to NT$77.67. Share price rose 14% to NT$78.60 over the past week.
お知らせ • Mar 11Synnex Technology International Corporation, Annual General Meeting, May 29, 2026Synnex Technology International Corporation, Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,209, sec.1 nan kang rd., taipei city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$5.08 (down from NT$5.52 in FY 2024). Revenue: NT$411.2b (down 3.5% from FY 2024). Net income: NT$8.47b (down 8.1% from FY 2024). Profit margin: 2.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.5% 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 fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.54 (up from NT$1.35 in 3Q 2024). Revenue: NT$100.2b (down 7.9% from 3Q 2024). Net income: NT$2.56b (up 14% from 3Q 2024). Profit margin: 2.6% (up from 2.1% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. 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 3% per year, which means it is well ahead of earnings.
Major Estimate Revision • Aug 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$437.3b to NT$400.8b. EPS estimate also fell from NT$5.86 per share to NT$4.59 per share. Net income forecast to grow 3.9% next year vs 18% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$70.00 unchanged from last update. Share price fell 11% to NT$59.60 over the past week.
Price Target Changed • Aug 11Price target decreased by 7.2% to NT$77.50Down from NT$83.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of NT$60.70. Stock is down 15% over the past year. The company is forecast to post earnings per share of NT$4.67 for next year compared to NT$5.52 last year.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.79 (down from NT$1.10 in 2Q 2024). Revenue: NT$93.3b (down 6.9% from 2Q 2024). Net income: NT$1.31b (down 28% from 2Q 2024). Profit margin: 1.4% (down from 1.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 June 2025. Payment date: 18 July 2025. Payout ratio and cash payout ratio are on the higher end at 75% and 83% respectively. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).
Declared Dividend • May 19Dividend increased to NT$4.00Dividend of NT$4.00 is 33% higher than last year. Ex-date: 23rd June 2025 Payment date: 18th July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$1.10 (down from NT$1.32 in 1Q 2024). Revenue: NT$91.4b (down 12% from 1Q 2024). Net income: NT$1.83b (down 17% from 1Q 2024). Profit margin: 2.0% (down from 2.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 8.0% 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 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$62.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total loss to shareholders of 4.1% over the past three years.
お知らせ • Mar 14Synnex Technology International Corporation, Annual General Meeting, May 29, 2025Synnex Technology International Corporation, Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,209, sec.1 nan kang rd., taipei city Taiwan
Reported Earnings • Mar 14Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$5.52 (up from NT$4.37 in FY 2023). Revenue: NT$426.0b (up 7.6% from FY 2023). Net income: NT$9.21b (up 26% from FY 2023). Profit margin: 2.2% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 13Synnex Technology International Corporation Proposes Cash Dividend for the Year Ended December 31, 2024Synnex Technology International Corporation proposed cash dividend of TWD 4.0 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 6,671,787,872.
お知らせ • Mar 05Synnex Technology International Corporation to Report Q4, 2024 Results on Mar 12, 2025Synnex Technology International Corporation announced that they will report Q4, 2024 results on Mar 12, 2025
分析記事 • Dec 19Investors Don't See Light At End Of Synnex Technology International Corporation's (TWSE:2347) TunnelSynnex Technology International Corporation's ( TWSE:2347 ) price-to-earnings (or "P/E") ratio of 14.1x might make it...
Buy Or Sell Opportunity • Dec 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to NT$75.70. The fair value is estimated to be NT$62.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 31%. Revenue is forecast to grow by 8.0% in a year. Earnings are forecast to grow by 15% in the next year.
分析記事 • Dec 03Calculating The Fair Value Of Synnex Technology International Corporation (TWSE:2347)Key Insights The projected fair value for Synnex Technology International is NT$63.16 based on Dividend Discount Model...
Buy Or Sell Opportunity • Nov 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.6% to NT$76.00. The fair value is estimated to be NT$63.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 31%. Revenue is forecast to grow by 8.0% in a year. Earnings are forecast to grow by 15% in the next year.
Reported Earnings • Nov 06Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$1.35 (up from NT$1.02 in 3Q 2023). Revenue: NT$108.8b (up 11% from 3Q 2023). Net income: NT$2.26b (up 33% from 3Q 2023). Profit margin: 2.1% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 8.8% 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 fallen by 31% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Oct 26Synnex Technology International Corporation to Report Q3, 2024 Results on Nov 04, 2024Synnex Technology International Corporation announced that they will report Q3, 2024 results on Nov 04, 2024
分析記事 • Sep 25Synnex Technology International (TWSE:2347) Will Be Hoping To Turn Its Returns On Capital AroundDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
分析記事 • Aug 25Earnings Working Against Synnex Technology International Corporation's (TWSE:2347) Share PriceWith a price-to-earnings (or "P/E") ratio of 14.8x Synnex Technology International Corporation ( TWSE:2347 ) may be...
Reported Earnings • Aug 09Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: NT$1.09 (up from NT$1.02 in 2Q 2023). Revenue: NT$100.2b (up 5.5% from 2Q 2023). Net income: NT$1.83b (up 7.5% from 2Q 2023). Profit margin: 1.8% (in line with 2Q 2023). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 7.9% 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 fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
分析記事 • Aug 08A Look At The Fair Value Of Synnex Technology International Corporation (TWSE:2347)Key Insights Synnex Technology International's estimated fair value is NT$64.23 based on Dividend Discount Model...
お知らせ • Aug 02Synnex Technology International Corporation to Report Q2, 2024 Results on Aug 08, 2024Synnex Technology International Corporation announced that they will report Q2, 2024 results on Aug 08, 2024
Board Change • Aug 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Hui-Min Chung was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Jul 23Does Synnex Technology International (TWSE:2347) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$73.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$55.62 per share.
Upcoming Dividend • Jun 17Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.7%).
分析記事 • May 29Synnex Technology International (TWSE:2347) Could Be Struggling To Allocate CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Reported Earnings • May 11First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: NT$1.32 (up from NT$1.04 in 1Q 2023). Revenue: NT$103.8b (up 17% from 1Q 2023). Net income: NT$2.20b (up 27% from 1Q 2023). Profit margin: 2.1% (up from 2.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.9% 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 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
分析記事 • May 06Calculating The Fair Value Of Synnex Technology International Corporation (TWSE:2347)Key Insights The projected fair value for Synnex Technology International is NT$85.97 based on 2 Stage Free Cash Flow...
分析記事 • Apr 19Synnex Technology International (TWSE:2347) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Apr 02Synnex Technology International Corporation's (TWSE:2347) Shares Lagging The Market But So Is The BusinessWith a price-to-earnings (or "P/E") ratio of 17.6x Synnex Technology International Corporation ( TWSE:2347 ) may be...
Price Target Changed • Mar 20Price target increased by 11% to NT$73.37Up from NT$66.00, the current price target is an average from 3 analysts. New target price is 6.2% below last closing price of NT$78.20. Stock is up 27% over the past year. The company is forecast to post earnings per share of NT$5.03 for next year compared to NT$4.37 last year.
Reported Earnings • Mar 16Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: EPS: NT$4.37 (down from NT$9.44 in FY 2022). Revenue: NT$396.0b (down 6.7% from FY 2022). Net income: NT$7.29b (down 54% from FY 2022). Profit margin: 1.8% (down from 3.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.0% 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 14% per year, which means it is well ahead of earnings.
お知らせ • Mar 15Synnex Technology International Corporation, Annual General Meeting, May 31, 2024Synnex Technology International Corporation, Annual General Meeting, May 31, 2024.
お知らせ • Mar 14Synnex Technology International Corporation Proposes Cash Dividend for the Year Ended December 31, 2023Synnex Technology International Corporation proposed cash dividends to shareholders of TWD 3.0 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders: TWD 5,003,840,904. Date of the board of directors resolution: March 13, 2024.
Price Target Changed • Jan 23Price target increased by 13% to NT$66.00Up from NT$58.50, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of NT$71.60. Stock is up 19% over the past year. The company is forecast to post earnings per share of NT$4.38 for next year compared to NT$9.44 last year.
お知らせ • Dec 08Synnex Technology International Ordinary Shares to Be Deleted from OTC EquitySynnex Technology International Corporation Ordinary Shares (Taiwan) will be deleted from OTC Equity effective December 07, 2023, due to Inactive Security.
New Risk • Nov 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Price Target Changed • Nov 13Price target increased by 12% to NT$61.50Up from NT$55.00, the current price target is an average from 2 analysts. New target price is 5.8% below last closing price of NT$65.30. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$4.33 for next year compared to NT$9.44 last year.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: NT$1.02 (vs NT$1.43 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.02 (down from NT$1.43 in 2Q 2022). Revenue: NT$94.9b (down 8.1% from 2Q 2022). Net income: NT$1.70b (down 29% from 2Q 2022). Profit margin: 1.8% (down from 2.3% in 2Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 31Upcoming dividend of NT$3.50 per share at 5.5% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.4%).
Reported Earnings • May 10First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: NT$1.04 (down from NT$1.53 in 1Q 2022). Revenue: NT$88.6b (down 12% from 1Q 2022). Net income: NT$1.73b (down 32% from 1Q 2022). Profit margin: 2.0% (down from 2.5% in 1Q 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Mar 15Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$440.4b to NT$430.7b. EPS estimate also fell from NT$5.82 per share to NT$5.15 per share. Net income forecast to shrink 45% next year vs 3.5% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$57.00 to NT$54.00. Share price fell 5.0% to NT$61.10 over the past week.
Reported Earnings • Mar 10Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$9.44 (down from NT$10.36 in FY 2021). Revenue: NT$424.6b (up 3.8% from FY 2021). Net income: NT$15.7b (down 8.8% from FY 2021). Profit margin: 3.7% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 23Price target decreased by 8.1% to NT$57.00Down from NT$62.00, the current price target is provided by 1 analyst. New target price is 10% below last closing price of NT$63.60. Stock is down 12% over the past year. The company is forecast to post earnings per share of NT$9.31 for next year compared to NT$10.35 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chien-Shen Hsuan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: NT$5.01 (up from NT$5.01 in 3Q 2021). Revenue: NT$108.8b (up 7.1% from 3Q 2021). Net income: NT$8.36b (flat on 3Q 2021). Profit margin: 7.7% (down from 8.2% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.3% p.a. on average during the next 3 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 39% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$438.4b to NT$424.3b. EPS estimate rose from NT$6.74 to NT$9.73. Net income forecast to shrink 16% next year vs 7.7% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$79.50 to NT$68.50. Share price was steady at NT$55.00 over the past week.
Price Target Changed • Aug 09Price target decreased to NT$68.50Down from NT$74.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$55.20. Stock is up 4.7% over the past year. The company is forecast to post earnings per share of NT$9.73 for next year compared to NT$10.35 last year.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.43 (down from NT$2.00 in 2Q 2021). Revenue: NT$103.4b (up 7.0% from 2Q 2021). Net income: NT$2.38b (down 29% from 2Q 2021). Profit margin: 2.3% (down from 3.5% in 2Q 2021). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 9.5%. Over the next year, revenue is forecast to grow 6.5%, 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 41% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$58.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 95% over the past three years.
Upcoming Dividend • Jun 02Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 7.2%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.2%).
Reported Earnings • May 06First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: NT$1.53 (up from NT$1.52 in 1Q 2021). Revenue: NT$100.9b (up 16% from 1Q 2021). Net income: NT$2.54b (flat on 1Q 2021). Profit margin: 2.5% (down from 2.9% in 1Q 2021). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.3%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 28% 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 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chien-Shen Hsuan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 09Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$10.35 (up from NT$4.89 in FY 2020). Revenue: NT$408.8b (up 22% from FY 2020). Net income: NT$17.3b (up 112% from FY 2020). Profit margin: 4.2% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.2%, compared to a 9.0% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 20Price target increased to NT$74.50Up from NT$68.00, the current price target is provided by 1 analyst. New target price is 6.9% above last closing price of NT$69.70. Stock is up 46% over the past year. The company is forecast to post earnings per share of NT$10.13 for next year compared to NT$4.89 last year.
Price Target Changed • Nov 24Price target increased to NT$72.00Up from NT$66.00, the current price target is an average from 2 analysts. New target price is 23% above last closing price of NT$58.70. Stock is up 35% over the past year. The company is forecast to post earnings per share of NT$10.01 for next year compared to NT$4.89 last year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$5.00 (vs NT$1.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$101.6b (up 13% from 3Q 2020). Net income: NT$8.35b (up 298% from 3Q 2020). Profit margin: 8.2% (up from 2.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$2.00 (vs NT$1.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$96.6b (up 27% from 2Q 2020). Net income: NT$3.34b (up 87% from 2Q 2020). Profit margin: 3.5% (up from 2.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year.
Price Target Changed • Jun 11Price target increased to NT$67.50Up from NT$60.17, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$53.70. Stock is up 17% over the past year.
Upcoming Dividend • Jun 01Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 08 June 2021. Payment date: 06 July 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (3.1%).
Major Estimate Revision • May 18Consensus EPS estimates increase to NT$6.04The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from NT$373.7b to NT$392.6b. EPS estimate increased from NT$5.46 to NT$6.04 per share. Net income forecast to grow 16% next year vs 21% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$61.17. Share price rose 3.7% to NT$58.20 over the past week.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.52 (vs NT$1.08 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$86.7b (up 26% from 1Q 2020). Net income: NT$2.54b (up 41% from 1Q 2020). Profit margin: 2.9% (up from 2.6% 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 6% per year and the company’s share price has also increased by 6% per year.
分析記事 • Apr 15Should You Buy Synnex Technology International Corporation (TPE:2347) For Its Dividend?Is Synnex Technology International Corporation ( TPE:2347 ) a good dividend stock? How can we tell? Dividend paying...
分析記事 • Apr 02Does Synnex Technology International (TPE:2347) Deserve A Spot On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
分析記事 • Mar 20Is Synnex Technology International (TPE:2347) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Mar 17Price target increased to NT$57.75Up from NT$50.88, the current price target is provided by 1 analyst. New target price is 5.2% above last closing price of NT$54.90. Stock is up 59% over the past year.
Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$4.89 (vs NT$4.09 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$334.2b (down 1.7% from FY 2019). Net income: NT$8.16b (up 20% from FY 2019). Profit margin: 2.4% (up from 2.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.
分析記事 • Mar 07A Look At The Fair Value Of Synnex Technology International Corporation (TPE:2347)In this article we are going to estimate the intrinsic value of Synnex Technology International Corporation ( TPE:2347...
分析記事 • Feb 23Are Robust Financials Driving The Recent Rally In Synnex Technology International Corporation's (TPE:2347) Stock?Most readers would already be aware that Synnex Technology International's (TPE:2347) stock increased significantly by...
Is New 90 Day High Low • Feb 22New 90-day high: NT$47.85The company is up 10.0% from its price of NT$43.50 on 24 November 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 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$44.51 per share.
分析記事 • Feb 11What You Need To Know About Synnex Technology International Corporation's (TPE:2347) Investor CompositionThe big shareholder groups in Synnex Technology International Corporation ( TPE:2347 ) have power over the company...
分析記事 • Jan 30What Do The Returns At Synnex Technology International (TPE:2347) Mean Going Forward?If 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 • Jan 17Did You Participate In Any Of Synnex Technology International's (TPE:2347) Fantastic 111% Return ?When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...
Is New 90 Day High Low • Jan 05New 90-day high: NT$47.70The company is up 18% from its price of NT$40.50 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$45.00 per share.
分析記事 • Jan 04Could Synnex Technology International Corporation (TPE:2347) Have The Makings Of Another Dividend Aristocrat?Is Synnex Technology International Corporation ( TPE:2347 ) a good dividend stock? How can we tell? Dividend paying...
分析記事 • Dec 22With EPS Growth And More, Synnex Technology International (TPE:2347) Is InterestingLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Is New 90 Day High Low • Dec 16New 90-day high: NT$45.80The company is up 8.0% from its price of NT$42.35 on 17 September 2020. The Taiwanese market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$50.68 per share.
分析記事 • Dec 09Synnex Technology International (TPE:2347) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Nov 27New 90-day high: NT$44.95The company is up 2.0% from its price of NT$44.25 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$43.92 per share.
分析記事 • Nov 26A Look At The Fair Value Of Synnex Technology International Corporation (TPE:2347)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Synnex Technology...
Analyst Estimate Surprise Post Earnings • Nov 18Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 5.4%, compared to a 11% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS NT$1.26The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$89.6b (up 2.5% from 3Q 2019). Net income: NT$2.10b (up 29% from 3Q 2019). Profit margin: 2.3% (up from 1.9% 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 4% per year and the company’s share price has also increased by 4% per year.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS NT$1.26The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$89.6b (up 2.5% from 3Q 2019). Net income: NT$2.10b (up 29% from 3Q 2019). Profit margin: 2.3% (up from 1.9% 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 4% per year whereas the company’s share price has increased by 5% per year.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.0%, compared to a 11% growth forecast for the Electronic industry in Taiwan.