View Financial HealthArch Meter 配当と自社株買い配当金 基準チェック /36Arch Meter配当を支払う会社であり、現在の利回りは5.11%です。主要情報5.1%配当利回り-0.05%バイバック利回り総株主利回り5.1%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向94%最近の配当と自社株買いの更新Declared Dividend • Jun 22Dividend of NT$3.00 announcedDividend of NT$3.00 is the same as last year. Ex-date: 10th July 2025 Payment date: 15th August 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 73% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21Arch Meter Corporation Announces Cash Dividend Distribution Payable on August 15, 2025Arch Meter Corporation announced a cash dividend distribution totaling TWD 128,955,000, with a payment of TWD 3 per share. The ex-rights (ex-dividend) trading date is set for July 10, 2025, and the ex-rights (ex-dividend) record date is July 16, 2025. The payment date for the cash dividend is scheduled for August 15, 2025.Upcoming Dividend • Jul 04Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).すべての更新を表示Recent updatesBuy Or Sell Opportunity • Apr 07Now 21% overvaluedOver the last 90 days, the stock has fallen 3.5% to NT$57.80. The fair value is estimated to be NT$47.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 3.5%.New Risk • Mar 27New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 94% Dividend yield: 5.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (94% payout ratio). Market cap is less than US$100m (NT$2.55b market cap, or US$79.8m).Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$3.20 (vs NT$4.22 in FY 2024)Full year 2025 results: EPS: NT$3.20 (down from NT$4.22 in FY 2024). Revenue: NT$920.3m (down 14% from FY 2024). Net income: NT$137.4m (down 24% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat.お知らせ • Mar 09Arch Meter Corporation, Annual General Meeting, Jun 18, 2026Arch Meter Corporation, Annual General Meeting, Jun 18, 2026. Location: no,256-15, ying kuan ta ta, siangshan district, hsinchu city TaiwanNew Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$3.03b market cap, or US$95.9m).Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.93 (vs NT$0.84 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.93 (up from NT$0.84 in 3Q 2024). Revenue: NT$261.5m (up 4.2% from 3Q 2024). Net income: NT$40.1m (up 11% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$71.80, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 102% over the past three years.Reported Earnings • Aug 11Second quarter 2025 earnings released: EPS: NT$0.68 (vs NT$1.29 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.68 (down from NT$1.29 in 2Q 2024). Revenue: NT$204.4m (down 18% from 2Q 2024). Net income: NT$29.4m (down 47% from 2Q 2024). Profit margin: 14% (down from 22% in 2Q 2024). The decrease in margin was driven by lower revenue.New Risk • Jul 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.93b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Market cap is less than US$100m (NT$2.93b market cap, or US$99.5m).Declared Dividend • Jun 22Dividend of NT$3.00 announcedDividend of NT$3.00 is the same as last year. Ex-date: 10th July 2025 Payment date: 15th August 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 73% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21Arch Meter Corporation Announces Cash Dividend Distribution Payable on August 15, 2025Arch Meter Corporation announced a cash dividend distribution totaling TWD 128,955,000, with a payment of TWD 3 per share. The ex-rights (ex-dividend) trading date is set for July 10, 2025, and the ex-rights (ex-dividend) record date is July 16, 2025. The payment date for the cash dividend is scheduled for August 15, 2025.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.27 (vs NT$0.62 in 1Q 2024)First quarter 2025 results: EPS: NT$0.27 (down from NT$0.62 in 1Q 2024). Revenue: NT$154.4m (down 37% from 1Q 2024). Net income: NT$11.4m (down 56% from 1Q 2024). Profit margin: 7.4% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$76.50, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 32% over the past year.お知らせ • May 01Arch Meter Corporation to Report Q1, 2025 Results on May 09, 2025Arch Meter Corporation announced that they will report Q1, 2025 results on May 09, 2025Buy Or Sell Opportunity • Apr 10Now 32% overvaluedOver the last 90 days, the stock has fallen 23% to NT$63.60. The fair value is estimated to be NT$48.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 18%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$64.00, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 35% over the past year.New Risk • Mar 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Market cap is less than US$100m (NT$3.26b market cap, or US$98.1m).お知らせ • Mar 21Arch Meter Corporation announced that it expects to receive TWD 400 million in fundingArch Meter Corporation announced a private placement transaction by issuing the 1st domestic unsecured convertible corporate bonds with a face value of TWD 100,000 and a total gross proceeds of TWD 400,000,000. It has been approved by the chairman in accordance with the authorization of the board of directors. The issuance of the corporate bond was approved by the Financial Supervisory Commission.Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$4.22 (vs NT$4.03 in FY 2023)Full year 2024 results: EPS: NT$4.22 (up from NT$4.03 in FY 2023). Revenue: NT$1.07b (up 3.3% from FY 2023). Net income: NT$179.8m (up 15% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by higher revenue.お知らせ • Mar 10Arch Meter Corporation, Annual General Meeting, Jun 20, 2025Arch Meter Corporation, Annual General Meeting, Jun 20, 2025. Location: no,265-15, ying kuan ta ta, siangshan district, hsinchu city Taiwanお知らせ • Mar 01Arch Meter Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025Arch Meter Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (70% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (NT$3.25b market cap, or US$99.9m).分析記事 • Nov 15Returns Are Gaining Momentum At Arch Meter (TWSE:4588)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Nov 01Arch Meter Corporation to Report Q3, 2024 Results on Nov 08, 2024Arch Meter Corporation announced that they will report Q3, 2024 results on Nov 08, 2024分析記事 • Aug 20Arch Meter's (TWSE:4588) Earnings Are Built On Soft FoundationsSolid profit numbers didn't seem to be enough to please Arch Meter Corporation's ( TWSE:4588 ) shareholders. We think...Reported Earnings • Aug 17Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$1.29 (down from NT$1.73 in 2Q 2023). Revenue: NT$249.8m (down 25% from 2Q 2023). Net income: NT$55.3m (down 18% from 2Q 2023). Profit margin: 22% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 32%.分析記事 • Aug 07Arch Meter (TWSE:4588) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Aug 02Arch Meter Corporation to Report Q2, 2024 Results on Aug 09, 2024Arch Meter Corporation announced that they will report Q2, 2024 results on Aug 09, 2024Upcoming Dividend • Jul 04Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$112, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past year.Reported Earnings • May 17First quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.55 in 1Q 2023)First quarter 2024 results: EPS: NT$0.62 (up from NT$0.55 in 1Q 2023). Revenue: NT$243.9m (down 4.1% from 1Q 2023). Net income: NT$26.1m (up 22% from 1Q 2023). Profit margin: 11% (up from 8.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan.お知らせ • May 03Arch Meter Corporation to Report Q1, 2024 Results on May 10, 2024Arch Meter Corporation announced that they will report Q1, 2024 results on May 10, 2024Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$119, the stock trades at a trailing P/E ratio of 32.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 106% over the past year.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$119, the stock trades at a trailing P/E ratio of 32.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 97% over the past year.New Risk • Mar 22New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (52% accrual ratio). Minor Risks High level of debt (125% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (10% increase in shares outstanding).Reported Earnings • Mar 18Full year 2023 earnings released: EPS: NT$4.03 (vs NT$2.73 in FY 2022)Full year 2023 results: EPS: NT$4.03 (up from NT$2.73 in FY 2022). Revenue: NT$1.04b (up 45% from FY 2022). Net income: NT$156.8m (up 52% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan.New Risk • Mar 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 125% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (52% accrual ratio). Minor Risks High level of debt (125% net debt to equity). Shareholders have been diluted in the past year (10% increase in shares outstanding).お知らせ • Mar 09Arch Meter Corporation, Annual General Meeting, Jun 21, 2024Arch Meter Corporation, Annual General Meeting, Jun 21, 2024. Location: No. 256-15, Jingguan Blvd., Xiangshan Dist., Hsin Chu City TaiwanValuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$84.20, the stock trades at a trailing P/E ratio of 22.5x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past year.New Risk • Feb 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (NT$2.98b market cap, or US$94.7m).New Risk • Feb 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$95.4m).Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: NT$0.89 (vs NT$0.56 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.89 (up from NT$0.56 in 3Q 2022). Revenue: NT$244.6m (up 31% from 3Q 2022). Net income: NT$34.7m (up 59% from 3Q 2022). Profit margin: 14% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue.New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 21% 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 Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (NT$3.14b market cap, or US$98.3m).Reported Earnings • Aug 14First half 2023 earnings released: EPS: NT$2.28 (vs NT$1.63 in 1H 2022)First half 2023 results: EPS: NT$2.28 (up from NT$1.63 in 1H 2022). Revenue: NT$586.1m (up 72% from 1H 2022). Net income: NT$88.6m (up 48% from 1H 2022). Profit margin: 15% (down from 18% in 1H 2022). The decrease in margin was driven by higher expenses.決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 4588が配当金を支払っている期間は 10 年未満です。増加する配当: 4588の配当金は増加していますが、同社は3年間しか配当金を支払っていません。配当利回り対市場Arch Meter 配当利回り対市場4588 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (4588)5.1%市場下位25% (TW)1.5%市場トップ25% (TW)5.0%業界平均 (Electronic)1.4%アナリスト予想 (4588) (最長3年)n/a注目すべき配当: 4588の配当金 ( 5.11% ) はTW市場の配当金支払者の下位 25% ( 1.48% ) よりも高くなっています。高配当: 4588の配当金 ( 5.11% ) はTW市場 ( 5% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 4588は高い 配当性向 ( 93.8% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: 現在の現金配当性向（ 76.4% ）では、 4588の配当金はキャッシュフローによって賄われています。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 09:34終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Arch Meter Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Jianhong WuCapital Securities Corporation
Declared Dividend • Jun 22Dividend of NT$3.00 announcedDividend of NT$3.00 is the same as last year. Ex-date: 10th July 2025 Payment date: 15th August 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 73% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21Arch Meter Corporation Announces Cash Dividend Distribution Payable on August 15, 2025Arch Meter Corporation announced a cash dividend distribution totaling TWD 128,955,000, with a payment of TWD 3 per share. The ex-rights (ex-dividend) trading date is set for July 10, 2025, and the ex-rights (ex-dividend) record date is July 16, 2025. The payment date for the cash dividend is scheduled for August 15, 2025.
Upcoming Dividend • Jul 04Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).
Buy Or Sell Opportunity • Apr 07Now 21% overvaluedOver the last 90 days, the stock has fallen 3.5% to NT$57.80. The fair value is estimated to be NT$47.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 3.5%.
New Risk • Mar 27New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 94% Dividend yield: 5.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (94% payout ratio). Market cap is less than US$100m (NT$2.55b market cap, or US$79.8m).
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$3.20 (vs NT$4.22 in FY 2024)Full year 2025 results: EPS: NT$3.20 (down from NT$4.22 in FY 2024). Revenue: NT$920.3m (down 14% from FY 2024). Net income: NT$137.4m (down 24% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat.
お知らせ • Mar 09Arch Meter Corporation, Annual General Meeting, Jun 18, 2026Arch Meter Corporation, Annual General Meeting, Jun 18, 2026. Location: no,256-15, ying kuan ta ta, siangshan district, hsinchu city Taiwan
New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$3.03b market cap, or US$95.9m).
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.93 (vs NT$0.84 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.93 (up from NT$0.84 in 3Q 2024). Revenue: NT$261.5m (up 4.2% from 3Q 2024). Net income: NT$40.1m (up 11% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$71.80, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 102% over the past three years.
Reported Earnings • Aug 11Second quarter 2025 earnings released: EPS: NT$0.68 (vs NT$1.29 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.68 (down from NT$1.29 in 2Q 2024). Revenue: NT$204.4m (down 18% from 2Q 2024). Net income: NT$29.4m (down 47% from 2Q 2024). Profit margin: 14% (down from 22% in 2Q 2024). The decrease in margin was driven by lower revenue.
New Risk • Jul 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.93b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Market cap is less than US$100m (NT$2.93b market cap, or US$99.5m).
Declared Dividend • Jun 22Dividend of NT$3.00 announcedDividend of NT$3.00 is the same as last year. Ex-date: 10th July 2025 Payment date: 15th August 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 73% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21Arch Meter Corporation Announces Cash Dividend Distribution Payable on August 15, 2025Arch Meter Corporation announced a cash dividend distribution totaling TWD 128,955,000, with a payment of TWD 3 per share. The ex-rights (ex-dividend) trading date is set for July 10, 2025, and the ex-rights (ex-dividend) record date is July 16, 2025. The payment date for the cash dividend is scheduled for August 15, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.27 (vs NT$0.62 in 1Q 2024)First quarter 2025 results: EPS: NT$0.27 (down from NT$0.62 in 1Q 2024). Revenue: NT$154.4m (down 37% from 1Q 2024). Net income: NT$11.4m (down 56% from 1Q 2024). Profit margin: 7.4% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$76.50, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 32% over the past year.
お知らせ • May 01Arch Meter Corporation to Report Q1, 2025 Results on May 09, 2025Arch Meter Corporation announced that they will report Q1, 2025 results on May 09, 2025
Buy Or Sell Opportunity • Apr 10Now 32% overvaluedOver the last 90 days, the stock has fallen 23% to NT$63.60. The fair value is estimated to be NT$48.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 18%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$64.00, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 35% over the past year.
New Risk • Mar 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Market cap is less than US$100m (NT$3.26b market cap, or US$98.1m).
お知らせ • Mar 21Arch Meter Corporation announced that it expects to receive TWD 400 million in fundingArch Meter Corporation announced a private placement transaction by issuing the 1st domestic unsecured convertible corporate bonds with a face value of TWD 100,000 and a total gross proceeds of TWD 400,000,000. It has been approved by the chairman in accordance with the authorization of the board of directors. The issuance of the corporate bond was approved by the Financial Supervisory Commission.
Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$4.22 (vs NT$4.03 in FY 2023)Full year 2024 results: EPS: NT$4.22 (up from NT$4.03 in FY 2023). Revenue: NT$1.07b (up 3.3% from FY 2023). Net income: NT$179.8m (up 15% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by higher revenue.
お知らせ • Mar 10Arch Meter Corporation, Annual General Meeting, Jun 20, 2025Arch Meter Corporation, Annual General Meeting, Jun 20, 2025. Location: no,265-15, ying kuan ta ta, siangshan district, hsinchu city Taiwan
お知らせ • Mar 01Arch Meter Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025Arch Meter Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025
New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (70% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (NT$3.25b market cap, or US$99.9m).
分析記事 • Nov 15Returns Are Gaining Momentum At Arch Meter (TWSE:4588)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Nov 01Arch Meter Corporation to Report Q3, 2024 Results on Nov 08, 2024Arch Meter Corporation announced that they will report Q3, 2024 results on Nov 08, 2024
分析記事 • Aug 20Arch Meter's (TWSE:4588) Earnings Are Built On Soft FoundationsSolid profit numbers didn't seem to be enough to please Arch Meter Corporation's ( TWSE:4588 ) shareholders. We think...
Reported Earnings • Aug 17Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$1.29 (down from NT$1.73 in 2Q 2023). Revenue: NT$249.8m (down 25% from 2Q 2023). Net income: NT$55.3m (down 18% from 2Q 2023). Profit margin: 22% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 32%.
分析記事 • Aug 07Arch Meter (TWSE:4588) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Aug 02Arch Meter Corporation to Report Q2, 2024 Results on Aug 09, 2024Arch Meter Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
Upcoming Dividend • Jul 04Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$112, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past year.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.55 in 1Q 2023)First quarter 2024 results: EPS: NT$0.62 (up from NT$0.55 in 1Q 2023). Revenue: NT$243.9m (down 4.1% from 1Q 2023). Net income: NT$26.1m (up 22% from 1Q 2023). Profit margin: 11% (up from 8.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan.
お知らせ • May 03Arch Meter Corporation to Report Q1, 2024 Results on May 10, 2024Arch Meter Corporation announced that they will report Q1, 2024 results on May 10, 2024
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$119, the stock trades at a trailing P/E ratio of 32.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 106% over the past year.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$119, the stock trades at a trailing P/E ratio of 32.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 97% over the past year.
New Risk • Mar 22New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (52% accrual ratio). Minor Risks High level of debt (125% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (10% increase in shares outstanding).
Reported Earnings • Mar 18Full year 2023 earnings released: EPS: NT$4.03 (vs NT$2.73 in FY 2022)Full year 2023 results: EPS: NT$4.03 (up from NT$2.73 in FY 2022). Revenue: NT$1.04b (up 45% from FY 2022). Net income: NT$156.8m (up 52% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan.
New Risk • Mar 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 125% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (52% accrual ratio). Minor Risks High level of debt (125% net debt to equity). Shareholders have been diluted in the past year (10% increase in shares outstanding).
お知らせ • Mar 09Arch Meter Corporation, Annual General Meeting, Jun 21, 2024Arch Meter Corporation, Annual General Meeting, Jun 21, 2024. Location: No. 256-15, Jingguan Blvd., Xiangshan Dist., Hsin Chu City Taiwan
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$84.20, the stock trades at a trailing P/E ratio of 22.5x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past year.
New Risk • Feb 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (NT$2.98b market cap, or US$94.7m).
New Risk • Feb 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$95.4m).
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: NT$0.89 (vs NT$0.56 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.89 (up from NT$0.56 in 3Q 2022). Revenue: NT$244.6m (up 31% from 3Q 2022). Net income: NT$34.7m (up 59% from 3Q 2022). Profit margin: 14% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue.
New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 21% 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 Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (NT$3.14b market cap, or US$98.3m).
Reported Earnings • Aug 14First half 2023 earnings released: EPS: NT$2.28 (vs NT$1.63 in 1H 2022)First half 2023 results: EPS: NT$2.28 (up from NT$1.63 in 1H 2022). Revenue: NT$586.1m (up 72% from 1H 2022). Net income: NT$88.6m (up 48% from 1H 2022). Profit margin: 15% (down from 18% in 1H 2022). The decrease in margin was driven by higher expenses.