View Future GrowthITEQ 過去の業績過去 基準チェック /46ITEQの収益は年間平均-27.1%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2.7% 1.4%割合で 増加しています。 ITEQの自己資本利益率は7.1%であり、純利益率は4.3%です。主要情報-27.06%収益成長率-28.62%EPS成長率Electronic 業界の成長14.81%収益成長率1.37%株主資本利益率7.05%ネット・マージン4.29%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$0.87 (vs NT$0.93 in 1Q 2025)First quarter 2026 results: EPS: NT$0.87 (down from NT$0.93 in 1Q 2025). Revenue: NT$9.14b (up 21% from 1Q 2025). Net income: NT$314.5m (down 6.6% from 1Q 2025). Profit margin: 3.4% (down from 4.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$4.16 (vs NT$2.26 in FY 2024)Full year 2025 results: EPS: NT$4.16 (up from NT$2.26 in FY 2024). Revenue: NT$33.1b (up 13% from FY 2024). Net income: NT$1.51b (up 84% from FY 2024). Profit margin: 4.6% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$1.16 (up from NT$0.55 in 2Q 2024). Revenue: NT$8.88b (up 17% from 2Q 2024). Net income: NT$420.4m (up 110% from 2Q 2024). Profit margin: 4.7% (up from 2.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 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 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$2.26 (up from NT$1.86 in FY 2023). Revenue: NT$29.4b (up 17% from FY 2023). Net income: NT$821.8m (up 22% from FY 2023). Profit margin: 2.8% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 10% 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 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Mar 01ITEQ Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025ITEQ Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025分析記事 • Nov 12ITEQ's (TWSE:6213) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for ITEQ Corporation's ( TWSE:6213 ) stock hasn't moved much. Our...すべての更新を表示Recent updatesBuy Or Sell Opportunity • May 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 160% to NT$300. The fair value is estimated to be NT$249, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 72% in 2 years. Earnings are forecast to grow by 216% in the next 2 years.Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$0.87 (vs NT$0.93 in 1Q 2025)First quarter 2026 results: EPS: NT$0.87 (down from NT$0.93 in 1Q 2025). Revenue: NT$9.14b (up 21% from 1Q 2025). Net income: NT$314.5m (down 6.6% from 1Q 2025). Profit margin: 3.4% (down from 4.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$170, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 137% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$114 per share.New Risk • Apr 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Dividend is not well covered by cash flows (149% cash payout ratio).New Risk • Mar 19New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 149% Dividend yield: 2.0% 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: Minor Risks Dividend is not well covered by cash flows (149% cash payout ratio). Share price has been volatile over the past 3 months (9.8% average weekly change).Buy Or Sell Opportunity • Mar 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to NT$138. The fair value is estimated to be NT$113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 5.9%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.お知らせ • Mar 09ITEQ Corporation, Annual General Meeting, May 27, 2026ITEQ Corporation, Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,17, ta lu ko rd., nei li li, singpu township, hsinchu county TaiwanPrice Target Changed • Mar 08Price target increased by 11% to NT$125Up from NT$112, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$128. Stock is up 73% over the past year. The company is forecast to post earnings per share of NT$6.49 for next year compared to NT$4.16 last year.Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$4.16 (vs NT$2.26 in FY 2024)Full year 2025 results: EPS: NT$4.16 (up from NT$2.26 in FY 2024). Revenue: NT$33.1b (up 13% from FY 2024). Net income: NT$1.51b (up 84% from FY 2024). Profit margin: 4.6% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$147, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$135, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$80.59 per share.Price Target Changed • Aug 12Price target increased by 7.4% to NT$90.63Up from NT$84.41, the current price target is an average from 7 analysts. New target price is 9.4% below last closing price of NT$100.00. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$2.26 last year.Buy Or Sell Opportunity • Aug 11Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to NT$99.00. The fair value is estimated to be NT$79.18, 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 35%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$1.16 (up from NT$0.55 in 2Q 2024). Revenue: NT$8.88b (up 17% from 2Q 2024). Net income: NT$420.4m (up 110% from 2Q 2024). Profit margin: 4.7% (up from 2.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 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 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Price Target Changed • Jul 15Price target increased by 7.4% to NT$83.49Up from NT$77.74, the current price target is an average from 8 analysts. New target price is 11% below last closing price of NT$93.80. 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$2.26 last year.Price Target Changed • Jun 26Price target increased by 7.2% to NT$77.74Up from NT$72.49, the current price target is an average from 8 analysts. New target price is 11% below last closing price of NT$87.30. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$4.57 for next year compared to NT$2.26 last year.Upcoming Dividend • Jun 26Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).Declared Dividend • May 28Dividend increased to NT$1.80Dividend of NT$1.80 is 20% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 2.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (42% 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 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 27ITEQ Corporation Announces Cash Dividend, Payable on August 8, 2025ITEQ Corporation announced cash dividends to common share holders of TWD 653,322,992 (TWD 1.8/share). Ex-rights (ex-dividend) trading date is July 3, 2025. Ex-rights (ex-dividend) record date is July 9, 2025. Payment date of common stock cash dividend distribution is August 8, 2025.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$89.30, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 4.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$62.82 per share.Buy Or Sell Opportunity • May 08Now 22% overvaluedOver the last 90 days, the stock has fallen 1.4% to NT$71.00. The fair value is estimated to be NT$58.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 85% in the next 2 years.Buy Or Sell Opportunity • Apr 10Now 32% overvaluedOver the last 90 days, the stock has fallen 27% to NT$52.90. The fair value is estimated to be NT$40.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 59%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 137% in the next 2 years.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$62.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$40.32 per share.分析記事 • Mar 28Here's What's Concerning About ITEQ's (TWSE:6213) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Mar 11ITEQ Corporation, Annual General Meeting, May 26, 2025ITEQ Corporation, Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: no,17, ta lu ko rd., nei li li, singpu township, hsinchu county Taiwan分析記事 • Mar 10ITEQ Corporation Just Missed EPS By 23%: Here's What Analysts Think Will Happen NextAs you might know, ITEQ Corporation ( TWSE:6213 ) recently reported its yearly numbers. Statutory earnings per share...Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$2.26 (up from NT$1.86 in FY 2023). Revenue: NT$29.4b (up 17% from FY 2023). Net income: NT$821.8m (up 22% from FY 2023). Profit margin: 2.8% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 10% 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 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.分析記事 • Mar 03Shareholders Should Be Pleased With ITEQ Corporation's (TWSE:6213) PriceITEQ Corporation's ( TWSE:6213 ) price-to-earnings (or "P/E") ratio of 28.1x might make it look like a sell right now...お知らせ • Mar 01ITEQ Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025ITEQ Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025分析記事 • Jan 09What Is ITEQ Corporation's (TWSE:6213) Share Price Doing?ITEQ Corporation ( TWSE:6213 ), is not the largest company out there, but it received a lot of attention from a...Price Target Changed • Dec 27Price target decreased by 7.3% to NT$86.47Down from NT$93.29, the current price target is an average from 7 analysts. New target price is 8.4% above last closing price of NT$79.80. Stock is down 5.9% over the past year. The company is forecast to post earnings per share of NT$3.18 for next year compared to NT$1.86 last year.分析記事 • Nov 12ITEQ's (TWSE:6213) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for ITEQ Corporation's ( TWSE:6213 ) stock hasn't moved much. Our...分析記事 • Nov 08ITEQ Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowITEQ Corporation ( TWSE:6213 ) shareholders are probably feeling a little disappointed, since its shares fell 2.2% to...Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.69 (up from NT$0.65 in 3Q 2023). Revenue: NT$7.96b (up 20% from 3Q 2023). Net income: NT$249.2m (up 6.2% from 3Q 2023). Profit margin: 3.1% (down from 3.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 12% 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 60% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Oct 29ITEQ Corporation to Report Q3, 2024 Results on Nov 05, 2024ITEQ Corporation announced that they will report Q3, 2024 results on Nov 05, 2024分析記事 • Sep 03The Returns On Capital At ITEQ (TWSE:6213) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...分析記事 • Aug 09ITEQ Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowThere's been a major selloff in ITEQ Corporation ( TWSE:6213 ) shares in the week since it released its quarterly...Reported Earnings • Aug 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$0.55 (up from NT$0.12 in 2Q 2023). Revenue: NT$7.60b (up 40% from 2Q 2023). Net income: NT$200.2m (up 382% from 2Q 2023). Profit margin: 2.6% (up from 0.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 12% p.a. on average during the next 3 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 58% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Aug 07ITEQ Corporation Announces Changes to the Nominating CommitteeITEQ Corporation announced changes to the nominating committee. Resume of the previous position holder: Po-Chiao Chou, Independent director of ITEQ CORP., Zhao-Rong Yang, Independent director of ITEQ CORP., Xiu-Zong Liang, Independent director of ITEQ CORP., Chin-Tsai Chen, Chairman of ITEQ CORP., Hsin-Hui Tsai, Directors & General Manager of ITEQ CORP. Resume of the new position holder: Po-Chiao Chou, Independent director of ITEQ CORP., Cheng-En Ko, Independent director of ITEQ CORP., Zhao-Rong Yang, Independent director of ITEQ CORP., Chin-Tsai Chen,Chairman of ITEQ CORP. Hsin-Hui Tsai, Directors & General Manager of ITEQ CORP. Original term: December 26, 2023 to July 1, 2024. Effective date of the new member: August 6, 2024.Major Estimate Revision • Aug 07Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$30.4b to NT$30.1b. EPS estimate also fell from NT$4.36 per share to NT$3.75 per share. Net income forecast to grow 72% next year vs 21% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$118 to NT$103. Share price fell 19% to NT$73.90 over the past week.Price Target Changed • Aug 06Price target decreased by 16% to NT$103Down from NT$122, the current price target is an average from 8 analysts. New target price is 35% above last closing price of NT$76.50. Stock is up 1.1% over the past year. The company is forecast to post earnings per share of NT$4.05 for next year compared to NT$1.86 last year.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$76.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$57.51 per share.New Risk • Aug 02New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).お知らせ • Jul 30ITEQ Corporation to Report Q2, 2024 Results on Aug 06, 2024ITEQ Corporation announced that they will report Q2, 2024 results on Aug 06, 2024分析記事 • Jul 05Investors Appear Satisfied With ITEQ Corporation's (TWSE:6213) Prospects As Shares Rocket 26%ITEQ Corporation ( TWSE:6213 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$135, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 7.4% over the past three years.Upcoming Dividend • Jul 04Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 72% and the cash payout ratio is 93%. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.6%).分析記事 • Jul 01Is ITEQ (TWSE:6213) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jun 16ITEQ's (TWSE:6213) Shareholders Will Receive A Smaller Dividend Than Last YearITEQ Corporation ( TWSE:6213 ) has announced that on 7th of August, it will be paying a dividend ofNT$1.50, which a...Board Change • Jun 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Wei-Lung Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • Jun 02ITEQ (TWSE:6213) Has Announced That Its Dividend Will Be Reduced To NT$1.50ITEQ Corporation's ( TWSE:6213 ) dividend is being reduced from last year's payment covering the same period to NT$1.50...Declared Dividend • Jun 01Dividend reduced to NT$1.50Dividend of NT$1.50 is 50% lower than last year. Ex-date: 11th July 2024 Payment date: 7th August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 180% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 31+ 1 more updateIteq Corporation Announces Executive ChangesOn May 30, 2024, ITEQ Corporation appointed Chin-Tsai Chen as director Corp. representative: Yun-An Yu as director, Cheng-En Ko as Independent Director and Wei-Lung Chen as Independent Director. Resume of the new position holder: Director- Chin-Tsai Chen Chairperson of the Board, ITEQ Corporation Chairperson and President, WIN Semiconductors Corp. Director- WIN Semiconductors Corp. representative: Yun-An Yu Legal Deputy General Manager and Corporate Governance Supervisor, WIN Semiconductors Corp, Independent Director-Cheng- En Ko Honorary Professor, Department of Management, NTU Independent Director, Far Eastern New Century Corp., Independent Director- Wei-Lung Chen Independent Director, IBF Financial Holdings Co. Ltd. Independent Director, A.G.V. Products Corp. Effective date of the new appointment: May 30, 2024.分析記事 • May 25Investors Could Be Concerned With ITEQ's (TWSE:6213) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Major Estimate Revision • May 14Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$5.13 to NT$4.16 per share. Revenue forecast steady at NT$29.8b. Net income forecast to grow 142% next year vs 33% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$106 to NT$116. Share price was steady at NT$105 over the past week.Price Target Changed • May 10Price target increased by 10% to NT$116Up from NT$106, the current price target is an average from 7 analysts. New target price is 6.3% above last closing price of NT$110. Stock is up 70% over the past year. The company is forecast to post earnings per share of NT$4.15 for next year compared to NT$1.86 last year.分析記事 • May 09ITEQ Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for ITEQ Corporation ( TWSE:6213 ), which a week ago released some disappointing...Reported Earnings • May 08First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: NT$0.42 (up from NT$0.20 in 1Q 2023). Revenue: NT$6.15b (down 1.7% from 1Q 2023). Net income: NT$153.6m (up 108% from 1Q 2023). Profit margin: 2.5% (up from 1.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 13% p.a. on average during the next 3 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 54% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • May 07What Does ITEQ Corporation's (TWSE:6213) Share Price Indicate?While ITEQ Corporation ( TWSE:6213 ) might not have the largest market cap around , it led the TWSE gainers with a...お知らせ • Apr 28ITEQ Corporation to Report Q1, 2024 Results on May 06, 2024ITEQ Corporation announced that they will report Q1, 2024 results on May 06, 2024Price Target Changed • Apr 03Price target increased by 9.3% to NT$104Up from NT$95.13, the current price target is an average from 7 analysts. New target price is 11% below last closing price of NT$117. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$5.00 for next year compared to NT$1.86 last year.分析記事 • Apr 02Earnings Tell The Story For ITEQ Corporation (TWSE:6213) As Its Stock Soars 30%ITEQ Corporation ( TWSE:6213 ) shares have continued their recent momentum with a 30% gain in the last month alone...New Risk • Apr 01New 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 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$98.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$47.87 per share.分析記事 • Mar 28We Think ITEQ (TWSE:6213) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$1.86 (down from NT$4.94 in FY 2022). Revenue: NT$25.1b (down 14% from FY 2022). Net income: NT$676.6m (down 64% from FY 2022). Profit margin: 2.7% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. 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. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Feb 28ITEQ Corporation, Annual General Meeting, May 30, 2024ITEQ Corporation, Annual General Meeting, May 30, 2024. Location: No. 17, Daluge Rd., Xinpu Township, Hsinchu County Taiwan Agenda: To consider 2023 Business Report; to consider Amendment Report of the Audit Committee Review on 2022 Annual Earnings Distribution Statement; to consider 2023 Report on the Review of the Financial Statement from the Audit Committee; to consider 2023 Report on the Distribution of Remuneration for Employees and Directors; to consider Status of distribution for cash dividend of 2023 earnings; to consider 2023 Report on the Remuneration Received by Directors; and to consider other matters.お知らせ • Feb 03ITEQ Corporation Announces Executive ChangesITEQ Corporation announced the appointment of Eddie Peng as Corporate Governance Officer, February 2, 2024. Eddie Peng is Financial Div. Senior Manager. The Company announced the resignation of Alex Chou as Corporate Governance Officer, February 2, 2024. Alex Chou is Financial Div. Senior Director.お知らせ • Dec 27ITEQ Corporation Resolves to Establish the Nominating Committee and the Appointment of its MembersITEQ Corporation announced that the Board of Directors resolved to establish the Nominating Committee and the appointment of its members. Name of the new position holder: Po-Chiao Chou, Zhao-Rong Yang, Xiu-Zong Liang, Chin-Tsai Chen, Hsin-Hui Tsai. Resume of the new position holder: Po-Chiao Chou,Independent director of ITEQ CORP. Zhao-Rong Yang,Independent director of ITEQ CORP. Xiu-Zong Liang,Independent director of ITEQ CORP. Chin-Tsai Chen,Chairman of ITEQ CORP. Hsin-Hui Tsai,Directors & General Manager of ITEQ CORP. Reason for the change: The Board of Directors resolved to establish the Nominating Committee on December 26, 2023. Effective date of the new member: December 26, 2023. The tenure of the Nominating Committee is the same as Board of Directors.Major Estimate Revision • Nov 21Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$1.68 to NT$1.85. Revenue forecast steady at NT$25.6b. Net income forecast to grow 101% next year vs 20% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$85.63. Share price rose 4.4% to NT$90.60 over the past week.Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$0.65 (down from NT$0.74 in 3Q 2022). Revenue: NT$6.64b (up 4.6% from 3Q 2022). Net income: NT$234.6m (down 15% from 3Q 2022). Profit margin: 3.5% (down from 4.4% in 3Q 2022). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.New Risk • Oct 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Dividend is not well covered by earnings (151% payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin).Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$79.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$34.47 per share.Price Target Changed • Aug 30Price target increased by 8.6% to NT$75.85Up from NT$69.83, the current price target is an average from 7 analysts. New target price is 21% below last closing price of NT$96.40. Stock is up 42% over the past year. The company is forecast to post earnings per share of NT$1.61 for next year compared to NT$4.94 last year.Major Estimate Revision • Aug 09Consensus 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$25.2b to NT$24.2b. EPS estimate also fell from NT$2.04 per share to NT$1.79 per share. Net income forecast to grow 54% next year vs 0.8% decline forecast for Electronic industry in Taiwan. Consensus price target of NT$72.28 unchanged from last update. Share price was steady at NT$75.70 over the past week.New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 91% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (151% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).Reported Earnings • Aug 02Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$0.11 (down from NT$1.14 in 2Q 2022). Revenue: NT$5.43b (down 29% from 2Q 2022). Net income: NT$41.6m (down 90% from 2Q 2022). Profit margin: 0.8% (down from 5.7% in 2Q 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 03Upcoming dividend of NT$3.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 04 August 2023. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).Reported Earnings • Jul 02First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: NT$0.20 (down from NT$2.11 in 1Q 2022). Revenue: NT$6.26b (down 24% from 1Q 2022). Net income: NT$74.0m (down 91% from 1Q 2022). Profit margin: 1.2% (down from 9.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 58%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.お知らせ • May 31ITEQ Corporation Approves Cash Dividend, Payable on August 4, 2023ITEQ Corporation announced at shareholder meeting held on May 30, 2023, approved cash dividend of TWD 1,088,871,654 (TWD 3.0 per share). Ex-rights (ex-dividend) trading date is July 10, 2023. Ex-rights (ex-dividend) record date is July 16, 2023. Payment date of cash dividend distribution is August 4, 2023.Major Estimate Revision • May 10Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$27.7b to NT$26.7b. EPS estimate also fell from NT$3.85 per share to NT$3.27 per share. Net income forecast to shrink 46% next year vs 11% decline forecast for Electronic industry in Taiwan. Consensus price target down from NT$74.00 to NT$69.70. Share price fell 6.0% to NT$65.50 over the past week.Price Target Changed • Apr 28Price target decreased by 15% to NT$74.00Down from NT$87.20, the current price target is an average from 5 analysts. New target price is 5.9% above last closing price of NT$69.90. Stock is down 33% over the past year. The company is forecast to post earnings per share of NT$3.85 for next year compared to NT$4.94 last year.Major Estimate Revision • Apr 15Consensus revenue estimates increase by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from NT$24.7b to NT$27.3b. EPS estimate unchanged from NT$3.02 at last update. Electronic industry in Taiwan expected to see average net income decline 7.3% next year. Consensus price target of NT$87.20 unchanged from last update. Share price was steady at NT$77.90 over the past week.Major Estimate Revision • Mar 20Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$31.1b to NT$30.6b. EPS estimate also fell from NT$4.97 per share to NT$3.02 per share. Net income forecast to shrink 41% next year vs 0.2% growth forecast for Electronic industry in Taiwan . Consensus price target of NT$87.20 unchanged from last update. Share price was steady at NT$75.10 over the past week.Reported Earnings • Mar 18Full year 2022 earnings: EPS in line with expectations, revenues disappointFull year 2022 results: EPS: NT$4.94 (down from NT$9.00 in FY 2021). Revenue: NT$29.1b (down 10% from FY 2021). Net income: NT$1.86b (down 41% from FY 2021). Profit margin: 6.4% (down from 9.7% in FY 2021). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Price Target Changed • Mar 10Price target increased by 7.9% to NT$87.20Up from NT$80.83, the current price target is an average from 5 analysts. New target price is 17% above last closing price of NT$74.30. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$4.94 for next year compared to NT$9.00 last year.Price Target Changed • Dec 19Price target decreased to NT$67.00Down from NT$75.40, the current price target is an average from 4 analysts. New target price is 9.5% below last closing price of NT$74.00. Stock is down 42% over the past year. The company is forecast to post earnings per share of NT$5.08 for next year compared to NT$9.00 last year.Reported Earnings • Nov 04Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$0.74 (down from NT$2.40 in 3Q 2021). Revenue: NT$6.35b (down 29% from 3Q 2021). Net income: NT$277.4m (down 67% from 3Q 2021). Profit margin: 4.4% (down from 9.4% in 3Q 2021). 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 3.1%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$61.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total loss to shareholders of 52% over the past three years.Price Target Changed • Oct 26Price target decreased to NT$74.00Down from NT$84.67, the current price target is an average from 5 analysts. New target price is 41% above last closing price of NT$52.50. Stock is down 59% over the past year. The company is forecast to post earnings per share of NT$5.96 for next year compared to NT$9.00 last year.Price Target Changed • Sep 15Price target decreased to NT$84.67Down from NT$93.00, the current price target is an average from 6 analysts. New target price is 22% above last closing price of NT$69.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of NT$6.43 for next year compared to NT$9.00 last year.お知らせ • Aug 24ITEQ Corporation Announces Executive ChangesITEQ Corporation announced change of the company's corporate governance officer. Name, title, and resume of the previous position holder: James Huang/Financial Div., Director. Name, title, and resume of the new position holder: Alex Chou/General Manager Office, Head of Group Administration & Resource/Financial Div., Senior Director. Effective date is August 23, 2022.Major Estimate Revision • Aug 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$34.5b to NT$30.4b. EPS estimate increased from NT$7.04 to NT$7.51 per share. Net income forecast to shrink 16% next year vs 8.1% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$105 to NT$93.33. Share price fell 8.5% to NT$63.70 over the past week.Price Target Changed • Aug 05Price target decreased to NT$93.33Down from NT$105, the current price target is an average from 6 analysts. New target price is 52% above last closing price of NT$61.40. Stock is down 55% over the past year. The company is forecast to post earnings per share of NT$7.51 for next year compared to NT$9.00 last year.Reported Earnings • Aug 04Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.14 (down from NT$2.58 in 2Q 2021). Revenue: NT$7.65b (down 6.4% from 2Q 2021). Net income: NT$434.7m (down 50% from 2Q 2021). Profit margin: 5.7% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 2.1%, 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 6% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.収支内訳ITEQ 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:6213 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 2634,6611,4881,63283131 Dec 2533,0981,5101,58981330 Sep 2531,8461,3011,64176330 Jun 2532,0841,2251,63970531 Mar 2530,8031,0051,66969131 Dec 2429,3788221,68665330 Sep 2428,4589291,62061830 Jun 2427,1409151,62157431 Mar 2424,9747561,57553231 Dec 2325,0796771,59251830 Sep 2325,1986841,64649930 Jun 2324,9057271,51849931 Mar 2327,1201,1201,51746431 Dec 2229,1301,8551,51253130 Sep 2230,2982,3281,44757030 Jun 2232,8752,8861,65361231 Mar 2233,3973,3111,66160131 Dec 2132,5253,1451,65051030 Sep 2130,6053,1151,49145330 Jun 2127,8962,9251,37838931 Mar 2127,2002,9311,37039931 Dec 2025,4222,6661,33939430 Sep 2025,4632,5531,46738030 Jun 2025,6222,6231,44836631 Mar 2024,1152,3351,39336531 Dec 1923,7912,4631,32834830 Sep 1922,7872,3241,26935630 Jun 1922,2702,0071,20934831 Mar 1922,0021,9201,16733331 Dec 1822,4021,7751,13933230 Sep 1822,9301,5671,15429330 Jun 1822,6301,5301,18326831 Mar 1821,7841,3101,15924931 Dec 1721,2141,2451,12722030 Sep 1720,7271,1551,11921930 Jun 1720,1931,0461,06921831 Mar 1720,1609871,04623331 Dec 1619,6829521,04323530 Sep 1619,6539541,04523430 Jun 1619,6478801,05823331 Mar 1619,1737411,06721431 Dec 1519,0776001,05220530 Sep 1519,0425191,01220130 Jun 1519,0594391,011207質の高い収益: 6213は 高品質の収益 を持っています。利益率の向上: 6213の現在の純利益率 (4.3%)は、昨年(3.3%)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: 6213の収益は過去 5 年間で年間27.1%減少しました。成長の加速: 6213の過去 1 年間の収益成長率 ( 48.1% ) は、5 年間の平均 ( 年間-27.1%を上回っています。収益対業界: 6213の過去 1 年間の収益成長率 ( 48.1% ) はElectronic業界-1.6%を上回りました。株主資本利益率高いROE: 6213の 自己資本利益率 ( 7.1% ) 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2026/05/07 14:27終値2026/05/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ITEQ Corporation 7 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。11 アナリスト機関SW ChenCLSA SinopacSam KaoCLSA SinopacYenjung ChangDaiwa Securities Co. Ltd.8 その他のアナリストを表示
Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$0.87 (vs NT$0.93 in 1Q 2025)First quarter 2026 results: EPS: NT$0.87 (down from NT$0.93 in 1Q 2025). Revenue: NT$9.14b (up 21% from 1Q 2025). Net income: NT$314.5m (down 6.6% from 1Q 2025). Profit margin: 3.4% (down from 4.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$4.16 (vs NT$2.26 in FY 2024)Full year 2025 results: EPS: NT$4.16 (up from NT$2.26 in FY 2024). Revenue: NT$33.1b (up 13% from FY 2024). Net income: NT$1.51b (up 84% from FY 2024). Profit margin: 4.6% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$1.16 (up from NT$0.55 in 2Q 2024). Revenue: NT$8.88b (up 17% from 2Q 2024). Net income: NT$420.4m (up 110% from 2Q 2024). Profit margin: 4.7% (up from 2.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 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 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$2.26 (up from NT$1.86 in FY 2023). Revenue: NT$29.4b (up 17% from FY 2023). Net income: NT$821.8m (up 22% from FY 2023). Profit margin: 2.8% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 10% 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 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 01ITEQ Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025ITEQ Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025
分析記事 • Nov 12ITEQ's (TWSE:6213) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for ITEQ Corporation's ( TWSE:6213 ) stock hasn't moved much. Our...
Buy Or Sell Opportunity • May 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 160% to NT$300. The fair value is estimated to be NT$249, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 72% in 2 years. Earnings are forecast to grow by 216% in the next 2 years.
Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$0.87 (vs NT$0.93 in 1Q 2025)First quarter 2026 results: EPS: NT$0.87 (down from NT$0.93 in 1Q 2025). Revenue: NT$9.14b (up 21% from 1Q 2025). Net income: NT$314.5m (down 6.6% from 1Q 2025). Profit margin: 3.4% (down from 4.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$170, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 137% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$114 per share.
New Risk • Apr 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Dividend is not well covered by cash flows (149% cash payout ratio).
New Risk • Mar 19New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 149% Dividend yield: 2.0% 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: Minor Risks Dividend is not well covered by cash flows (149% cash payout ratio). Share price has been volatile over the past 3 months (9.8% average weekly change).
Buy Or Sell Opportunity • Mar 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to NT$138. The fair value is estimated to be NT$113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 5.9%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
お知らせ • Mar 09ITEQ Corporation, Annual General Meeting, May 27, 2026ITEQ Corporation, Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,17, ta lu ko rd., nei li li, singpu township, hsinchu county Taiwan
Price Target Changed • Mar 08Price target increased by 11% to NT$125Up from NT$112, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of NT$128. Stock is up 73% over the past year. The company is forecast to post earnings per share of NT$6.49 for next year compared to NT$4.16 last year.
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$4.16 (vs NT$2.26 in FY 2024)Full year 2025 results: EPS: NT$4.16 (up from NT$2.26 in FY 2024). Revenue: NT$33.1b (up 13% from FY 2024). Net income: NT$1.51b (up 84% from FY 2024). Profit margin: 4.6% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$147, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$135, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$80.59 per share.
Price Target Changed • Aug 12Price target increased by 7.4% to NT$90.63Up from NT$84.41, the current price target is an average from 7 analysts. New target price is 9.4% below last closing price of NT$100.00. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$4.99 for next year compared to NT$2.26 last year.
Buy Or Sell Opportunity • Aug 11Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to NT$99.00. The fair value is estimated to be NT$79.18, 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 35%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$1.16 (up from NT$0.55 in 2Q 2024). Revenue: NT$8.88b (up 17% from 2Q 2024). Net income: NT$420.4m (up 110% from 2Q 2024). Profit margin: 4.7% (up from 2.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 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 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Price Target Changed • Jul 15Price target increased by 7.4% to NT$83.49Up from NT$77.74, the current price target is an average from 8 analysts. New target price is 11% below last closing price of NT$93.80. 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$2.26 last year.
Price Target Changed • Jun 26Price target increased by 7.2% to NT$77.74Up from NT$72.49, the current price target is an average from 8 analysts. New target price is 11% below last closing price of NT$87.30. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$4.57 for next year compared to NT$2.26 last year.
Upcoming Dividend • Jun 26Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).
Declared Dividend • May 28Dividend increased to NT$1.80Dividend of NT$1.80 is 20% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 2.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (42% 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 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 27ITEQ Corporation Announces Cash Dividend, Payable on August 8, 2025ITEQ Corporation announced cash dividends to common share holders of TWD 653,322,992 (TWD 1.8/share). Ex-rights (ex-dividend) trading date is July 3, 2025. Ex-rights (ex-dividend) record date is July 9, 2025. Payment date of common stock cash dividend distribution is August 8, 2025.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$89.30, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 4.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$62.82 per share.
Buy Or Sell Opportunity • May 08Now 22% overvaluedOver the last 90 days, the stock has fallen 1.4% to NT$71.00. The fair value is estimated to be NT$58.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 85% in the next 2 years.
Buy Or Sell Opportunity • Apr 10Now 32% overvaluedOver the last 90 days, the stock has fallen 27% to NT$52.90. The fair value is estimated to be NT$40.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 59%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 137% in the next 2 years.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$62.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$40.32 per share.
分析記事 • Mar 28Here's What's Concerning About ITEQ's (TWSE:6213) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Mar 11ITEQ Corporation, Annual General Meeting, May 26, 2025ITEQ Corporation, Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: no,17, ta lu ko rd., nei li li, singpu township, hsinchu county Taiwan
分析記事 • Mar 10ITEQ Corporation Just Missed EPS By 23%: Here's What Analysts Think Will Happen NextAs you might know, ITEQ Corporation ( TWSE:6213 ) recently reported its yearly numbers. Statutory earnings per share...
Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$2.26 (up from NT$1.86 in FY 2023). Revenue: NT$29.4b (up 17% from FY 2023). Net income: NT$821.8m (up 22% from FY 2023). Profit margin: 2.8% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 10% 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 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 03Shareholders Should Be Pleased With ITEQ Corporation's (TWSE:6213) PriceITEQ Corporation's ( TWSE:6213 ) price-to-earnings (or "P/E") ratio of 28.1x might make it look like a sell right now...
お知らせ • Mar 01ITEQ Corporation to Report Fiscal Year 2024 Results on Mar 07, 2025ITEQ Corporation announced that they will report fiscal year 2024 results on Mar 07, 2025
分析記事 • Jan 09What Is ITEQ Corporation's (TWSE:6213) Share Price Doing?ITEQ Corporation ( TWSE:6213 ), is not the largest company out there, but it received a lot of attention from a...
Price Target Changed • Dec 27Price target decreased by 7.3% to NT$86.47Down from NT$93.29, the current price target is an average from 7 analysts. New target price is 8.4% above last closing price of NT$79.80. Stock is down 5.9% over the past year. The company is forecast to post earnings per share of NT$3.18 for next year compared to NT$1.86 last year.
分析記事 • Nov 12ITEQ's (TWSE:6213) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for ITEQ Corporation's ( TWSE:6213 ) stock hasn't moved much. Our...
分析記事 • Nov 08ITEQ Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowITEQ Corporation ( TWSE:6213 ) shareholders are probably feeling a little disappointed, since its shares fell 2.2% to...
Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.69 (up from NT$0.65 in 3Q 2023). Revenue: NT$7.96b (up 20% from 3Q 2023). Net income: NT$249.2m (up 6.2% from 3Q 2023). Profit margin: 3.1% (down from 3.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 12% 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 60% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 29ITEQ Corporation to Report Q3, 2024 Results on Nov 05, 2024ITEQ Corporation announced that they will report Q3, 2024 results on Nov 05, 2024
分析記事 • Sep 03The Returns On Capital At ITEQ (TWSE:6213) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
分析記事 • Aug 09ITEQ Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowThere's been a major selloff in ITEQ Corporation ( TWSE:6213 ) shares in the week since it released its quarterly...
Reported Earnings • Aug 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$0.55 (up from NT$0.12 in 2Q 2023). Revenue: NT$7.60b (up 40% from 2Q 2023). Net income: NT$200.2m (up 382% from 2Q 2023). Profit margin: 2.6% (up from 0.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 12% p.a. on average during the next 3 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 58% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 07ITEQ Corporation Announces Changes to the Nominating CommitteeITEQ Corporation announced changes to the nominating committee. Resume of the previous position holder: Po-Chiao Chou, Independent director of ITEQ CORP., Zhao-Rong Yang, Independent director of ITEQ CORP., Xiu-Zong Liang, Independent director of ITEQ CORP., Chin-Tsai Chen, Chairman of ITEQ CORP., Hsin-Hui Tsai, Directors & General Manager of ITEQ CORP. Resume of the new position holder: Po-Chiao Chou, Independent director of ITEQ CORP., Cheng-En Ko, Independent director of ITEQ CORP., Zhao-Rong Yang, Independent director of ITEQ CORP., Chin-Tsai Chen,Chairman of ITEQ CORP. Hsin-Hui Tsai, Directors & General Manager of ITEQ CORP. Original term: December 26, 2023 to July 1, 2024. Effective date of the new member: August 6, 2024.
Major Estimate Revision • Aug 07Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$30.4b to NT$30.1b. EPS estimate also fell from NT$4.36 per share to NT$3.75 per share. Net income forecast to grow 72% next year vs 21% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$118 to NT$103. Share price fell 19% to NT$73.90 over the past week.
Price Target Changed • Aug 06Price target decreased by 16% to NT$103Down from NT$122, the current price target is an average from 8 analysts. New target price is 35% above last closing price of NT$76.50. Stock is up 1.1% over the past year. The company is forecast to post earnings per share of NT$4.05 for next year compared to NT$1.86 last year.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$76.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$57.51 per share.
New Risk • Aug 02New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).
お知らせ • Jul 30ITEQ Corporation to Report Q2, 2024 Results on Aug 06, 2024ITEQ Corporation announced that they will report Q2, 2024 results on Aug 06, 2024
分析記事 • Jul 05Investors Appear Satisfied With ITEQ Corporation's (TWSE:6213) Prospects As Shares Rocket 26%ITEQ Corporation ( TWSE:6213 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$135, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 7.4% over the past three years.
Upcoming Dividend • Jul 04Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 72% and the cash payout ratio is 93%. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.6%).
分析記事 • Jul 01Is ITEQ (TWSE:6213) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jun 16ITEQ's (TWSE:6213) Shareholders Will Receive A Smaller Dividend Than Last YearITEQ Corporation ( TWSE:6213 ) has announced that on 7th of August, it will be paying a dividend ofNT$1.50, which a...
Board Change • Jun 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Wei-Lung Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Jun 02ITEQ (TWSE:6213) Has Announced That Its Dividend Will Be Reduced To NT$1.50ITEQ Corporation's ( TWSE:6213 ) dividend is being reduced from last year's payment covering the same period to NT$1.50...
Declared Dividend • Jun 01Dividend reduced to NT$1.50Dividend of NT$1.50 is 50% lower than last year. Ex-date: 11th July 2024 Payment date: 7th August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 180% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 31+ 1 more updateIteq Corporation Announces Executive ChangesOn May 30, 2024, ITEQ Corporation appointed Chin-Tsai Chen as director Corp. representative: Yun-An Yu as director, Cheng-En Ko as Independent Director and Wei-Lung Chen as Independent Director. Resume of the new position holder: Director- Chin-Tsai Chen Chairperson of the Board, ITEQ Corporation Chairperson and President, WIN Semiconductors Corp. Director- WIN Semiconductors Corp. representative: Yun-An Yu Legal Deputy General Manager and Corporate Governance Supervisor, WIN Semiconductors Corp, Independent Director-Cheng- En Ko Honorary Professor, Department of Management, NTU Independent Director, Far Eastern New Century Corp., Independent Director- Wei-Lung Chen Independent Director, IBF Financial Holdings Co. Ltd. Independent Director, A.G.V. Products Corp. Effective date of the new appointment: May 30, 2024.
分析記事 • May 25Investors Could Be Concerned With ITEQ's (TWSE:6213) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Major Estimate Revision • May 14Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$5.13 to NT$4.16 per share. Revenue forecast steady at NT$29.8b. Net income forecast to grow 142% next year vs 33% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$106 to NT$116. Share price was steady at NT$105 over the past week.
Price Target Changed • May 10Price target increased by 10% to NT$116Up from NT$106, the current price target is an average from 7 analysts. New target price is 6.3% above last closing price of NT$110. Stock is up 70% over the past year. The company is forecast to post earnings per share of NT$4.15 for next year compared to NT$1.86 last year.
分析記事 • May 09ITEQ Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for ITEQ Corporation ( TWSE:6213 ), which a week ago released some disappointing...
Reported Earnings • May 08First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: NT$0.42 (up from NT$0.20 in 1Q 2023). Revenue: NT$6.15b (down 1.7% from 1Q 2023). Net income: NT$153.6m (up 108% from 1Q 2023). Profit margin: 2.5% (up from 1.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 13% p.a. on average during the next 3 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 54% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • May 07What Does ITEQ Corporation's (TWSE:6213) Share Price Indicate?While ITEQ Corporation ( TWSE:6213 ) might not have the largest market cap around , it led the TWSE gainers with a...
お知らせ • Apr 28ITEQ Corporation to Report Q1, 2024 Results on May 06, 2024ITEQ Corporation announced that they will report Q1, 2024 results on May 06, 2024
Price Target Changed • Apr 03Price target increased by 9.3% to NT$104Up from NT$95.13, the current price target is an average from 7 analysts. New target price is 11% below last closing price of NT$117. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$5.00 for next year compared to NT$1.86 last year.
分析記事 • Apr 02Earnings Tell The Story For ITEQ Corporation (TWSE:6213) As Its Stock Soars 30%ITEQ Corporation ( TWSE:6213 ) shares have continued their recent momentum with a 30% gain in the last month alone...
New Risk • Apr 01New 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 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$98.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$47.87 per share.
分析記事 • Mar 28We Think ITEQ (TWSE:6213) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$1.86 (down from NT$4.94 in FY 2022). Revenue: NT$25.1b (down 14% from FY 2022). Net income: NT$676.6m (down 64% from FY 2022). Profit margin: 2.7% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. 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. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 28ITEQ Corporation, Annual General Meeting, May 30, 2024ITEQ Corporation, Annual General Meeting, May 30, 2024. Location: No. 17, Daluge Rd., Xinpu Township, Hsinchu County Taiwan Agenda: To consider 2023 Business Report; to consider Amendment Report of the Audit Committee Review on 2022 Annual Earnings Distribution Statement; to consider 2023 Report on the Review of the Financial Statement from the Audit Committee; to consider 2023 Report on the Distribution of Remuneration for Employees and Directors; to consider Status of distribution for cash dividend of 2023 earnings; to consider 2023 Report on the Remuneration Received by Directors; and to consider other matters.
お知らせ • Feb 03ITEQ Corporation Announces Executive ChangesITEQ Corporation announced the appointment of Eddie Peng as Corporate Governance Officer, February 2, 2024. Eddie Peng is Financial Div. Senior Manager. The Company announced the resignation of Alex Chou as Corporate Governance Officer, February 2, 2024. Alex Chou is Financial Div. Senior Director.
お知らせ • Dec 27ITEQ Corporation Resolves to Establish the Nominating Committee and the Appointment of its MembersITEQ Corporation announced that the Board of Directors resolved to establish the Nominating Committee and the appointment of its members. Name of the new position holder: Po-Chiao Chou, Zhao-Rong Yang, Xiu-Zong Liang, Chin-Tsai Chen, Hsin-Hui Tsai. Resume of the new position holder: Po-Chiao Chou,Independent director of ITEQ CORP. Zhao-Rong Yang,Independent director of ITEQ CORP. Xiu-Zong Liang,Independent director of ITEQ CORP. Chin-Tsai Chen,Chairman of ITEQ CORP. Hsin-Hui Tsai,Directors & General Manager of ITEQ CORP. Reason for the change: The Board of Directors resolved to establish the Nominating Committee on December 26, 2023. Effective date of the new member: December 26, 2023. The tenure of the Nominating Committee is the same as Board of Directors.
Major Estimate Revision • Nov 21Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$1.68 to NT$1.85. Revenue forecast steady at NT$25.6b. Net income forecast to grow 101% next year vs 20% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$85.63. Share price rose 4.4% to NT$90.60 over the past week.
Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$0.65 (down from NT$0.74 in 3Q 2022). Revenue: NT$6.64b (up 4.6% from 3Q 2022). Net income: NT$234.6m (down 15% from 3Q 2022). Profit margin: 3.5% (down from 4.4% in 3Q 2022). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
New Risk • Oct 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Dividend is not well covered by earnings (151% payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin).
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$79.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$34.47 per share.
Price Target Changed • Aug 30Price target increased by 8.6% to NT$75.85Up from NT$69.83, the current price target is an average from 7 analysts. New target price is 21% below last closing price of NT$96.40. Stock is up 42% over the past year. The company is forecast to post earnings per share of NT$1.61 for next year compared to NT$4.94 last year.
Major Estimate Revision • Aug 09Consensus 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$25.2b to NT$24.2b. EPS estimate also fell from NT$2.04 per share to NT$1.79 per share. Net income forecast to grow 54% next year vs 0.8% decline forecast for Electronic industry in Taiwan. Consensus price target of NT$72.28 unchanged from last update. Share price was steady at NT$75.70 over the past week.
New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 91% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (151% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
Reported Earnings • Aug 02Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$0.11 (down from NT$1.14 in 2Q 2022). Revenue: NT$5.43b (down 29% from 2Q 2022). Net income: NT$41.6m (down 90% from 2Q 2022). Profit margin: 0.8% (down from 5.7% in 2Q 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 03Upcoming dividend of NT$3.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 04 August 2023. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).
Reported Earnings • Jul 02First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: NT$0.20 (down from NT$2.11 in 1Q 2022). Revenue: NT$6.26b (down 24% from 1Q 2022). Net income: NT$74.0m (down 91% from 1Q 2022). Profit margin: 1.2% (down from 9.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 58%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
お知らせ • May 31ITEQ Corporation Approves Cash Dividend, Payable on August 4, 2023ITEQ Corporation announced at shareholder meeting held on May 30, 2023, approved cash dividend of TWD 1,088,871,654 (TWD 3.0 per share). Ex-rights (ex-dividend) trading date is July 10, 2023. Ex-rights (ex-dividend) record date is July 16, 2023. Payment date of cash dividend distribution is August 4, 2023.
Major Estimate Revision • May 10Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$27.7b to NT$26.7b. EPS estimate also fell from NT$3.85 per share to NT$3.27 per share. Net income forecast to shrink 46% next year vs 11% decline forecast for Electronic industry in Taiwan. Consensus price target down from NT$74.00 to NT$69.70. Share price fell 6.0% to NT$65.50 over the past week.
Price Target Changed • Apr 28Price target decreased by 15% to NT$74.00Down from NT$87.20, the current price target is an average from 5 analysts. New target price is 5.9% above last closing price of NT$69.90. Stock is down 33% over the past year. The company is forecast to post earnings per share of NT$3.85 for next year compared to NT$4.94 last year.
Major Estimate Revision • Apr 15Consensus revenue estimates increase by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from NT$24.7b to NT$27.3b. EPS estimate unchanged from NT$3.02 at last update. Electronic industry in Taiwan expected to see average net income decline 7.3% next year. Consensus price target of NT$87.20 unchanged from last update. Share price was steady at NT$77.90 over the past week.
Major Estimate Revision • Mar 20Consensus EPS estimates fall by 39%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$31.1b to NT$30.6b. EPS estimate also fell from NT$4.97 per share to NT$3.02 per share. Net income forecast to shrink 41% next year vs 0.2% growth forecast for Electronic industry in Taiwan . Consensus price target of NT$87.20 unchanged from last update. Share price was steady at NT$75.10 over the past week.
Reported Earnings • Mar 18Full year 2022 earnings: EPS in line with expectations, revenues disappointFull year 2022 results: EPS: NT$4.94 (down from NT$9.00 in FY 2021). Revenue: NT$29.1b (down 10% from FY 2021). Net income: NT$1.86b (down 41% from FY 2021). Profit margin: 6.4% (down from 9.7% in FY 2021). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Mar 10Price target increased by 7.9% to NT$87.20Up from NT$80.83, the current price target is an average from 5 analysts. New target price is 17% above last closing price of NT$74.30. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$4.94 for next year compared to NT$9.00 last year.
Price Target Changed • Dec 19Price target decreased to NT$67.00Down from NT$75.40, the current price target is an average from 4 analysts. New target price is 9.5% below last closing price of NT$74.00. Stock is down 42% over the past year. The company is forecast to post earnings per share of NT$5.08 for next year compared to NT$9.00 last year.
Reported Earnings • Nov 04Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$0.74 (down from NT$2.40 in 3Q 2021). Revenue: NT$6.35b (down 29% from 3Q 2021). Net income: NT$277.4m (down 67% from 3Q 2021). Profit margin: 4.4% (down from 9.4% in 3Q 2021). 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 3.1%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$61.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total loss to shareholders of 52% over the past three years.
Price Target Changed • Oct 26Price target decreased to NT$74.00Down from NT$84.67, the current price target is an average from 5 analysts. New target price is 41% above last closing price of NT$52.50. Stock is down 59% over the past year. The company is forecast to post earnings per share of NT$5.96 for next year compared to NT$9.00 last year.
Price Target Changed • Sep 15Price target decreased to NT$84.67Down from NT$93.00, the current price target is an average from 6 analysts. New target price is 22% above last closing price of NT$69.40. Stock is down 54% over the past year. The company is forecast to post earnings per share of NT$6.43 for next year compared to NT$9.00 last year.
お知らせ • Aug 24ITEQ Corporation Announces Executive ChangesITEQ Corporation announced change of the company's corporate governance officer. Name, title, and resume of the previous position holder: James Huang/Financial Div., Director. Name, title, and resume of the new position holder: Alex Chou/General Manager Office, Head of Group Administration & Resource/Financial Div., Senior Director. Effective date is August 23, 2022.
Major Estimate Revision • Aug 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$34.5b to NT$30.4b. EPS estimate increased from NT$7.04 to NT$7.51 per share. Net income forecast to shrink 16% next year vs 8.1% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$105 to NT$93.33. Share price fell 8.5% to NT$63.70 over the past week.
Price Target Changed • Aug 05Price target decreased to NT$93.33Down from NT$105, the current price target is an average from 6 analysts. New target price is 52% above last closing price of NT$61.40. Stock is down 55% over the past year. The company is forecast to post earnings per share of NT$7.51 for next year compared to NT$9.00 last year.
Reported Earnings • Aug 04Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.14 (down from NT$2.58 in 2Q 2021). Revenue: NT$7.65b (down 6.4% from 2Q 2021). Net income: NT$434.7m (down 50% from 2Q 2021). Profit margin: 5.7% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 2.1%, 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 6% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.