View Future GrowthAntec 과거 순이익 실적과거 기준 점검 1/6Antec의 수입은 연평균 -41.9%의 비율로 감소해 온 반면, Electronic 산업은 수입이 연평균 2.5% 증가했습니다. 매출은 연평균 6.3%의 비율로 감소해 왔습니다. Antec의 자기자본이익률은 8.7%이고 순이익률은 1.4%입니다.핵심 정보-41.87%순이익 성장률-42.07%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률-6.26%자기자본이익률8.75%순이익률1.40%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.92 (vs NT$2.16 loss in FY 2024)Full year 2025 results: EPS: NT$0.92 (up from NT$2.16 loss in FY 2024). Revenue: NT$1.44b (up 20% from FY 2024). Net income: NT$20.2m (up NT$67.8m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$1.38 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (up from NT$1.38 loss in 3Q 2024). Revenue: NT$323.4m (up 5.0% from 3Q 2024). Net income: NT$5.64m (up NT$36.0m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.65 loss in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (improved from NT$0.65 loss in 2Q 2024). Revenue: NT$379.3m (up 22% from 2Q 2024). Net loss: NT$11.2m (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.92 (up from NT$0.31 loss in 1Q 2024). Revenue: NT$403.4m (up 68% from 1Q 2024). Net income: NT$20.2m (up NT$27.0m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.37 loss per share (vs NT$1.20 profit in 3Q 2023)Third quarter 2024 results: NT$1.37 loss per share (down from NT$1.20 profit in 3Q 2023). Revenue: NT$308.0m (flat on 3Q 2023). Net loss: NT$30.3m (down 214% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.65 loss per share (vs NT$1.10 profit in 2Q 2023)Second quarter 2024 results: NT$0.65 loss per share (down from NT$1.10 profit in 2Q 2023). Revenue: NT$310.3m (flat on 2Q 2023). Net loss: NT$14.3m (down 159% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updatesNew Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$727.4m market cap, or US$22.7m).Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$37.80, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.92 (vs NT$2.16 loss in FY 2024)Full year 2025 results: EPS: NT$0.92 (up from NT$2.16 loss in FY 2024). Revenue: NT$1.44b (up 20% from FY 2024). Net income: NT$20.2m (up NT$67.8m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.공지 • Mar 06Antec Inc., Annual General Meeting, Jun 11, 2026Antec Inc., Annual General Meeting, Jun 11, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanValuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$39.95, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 112% over the past three years.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$1.38 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (up from NT$1.38 loss in 3Q 2024). Revenue: NT$323.4m (up 5.0% from 3Q 2024). Net income: NT$5.64m (up NT$36.0m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.65 loss in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (improved from NT$0.65 loss in 2Q 2024). Revenue: NT$379.3m (up 22% from 2Q 2024). Net loss: NT$11.2m (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.92 (up from NT$0.31 loss in 1Q 2024). Revenue: NT$403.4m (up 68% from 1Q 2024). Net income: NT$20.2m (up NT$27.0m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 29Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to NT$45.70. The fair value is estimated to be NT$36.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Apr 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to NT$28.45. The fair value is estimated to be NT$36.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.New Risk • Mar 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$814.5m market cap, or US$24.6m).공지 • Mar 03Antec Inc., Annual General Meeting, Jun 19, 2025Antec Inc., Annual General Meeting, Jun 19, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanBuy Or Sell Opportunity • Feb 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$42.95. The fair value is estimated to be NT$35.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$782.5m market cap, or US$23.8m).Buy Or Sell Opportunity • Jan 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to NT$29.50. The fair value is estimated to be NT$37.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Dec 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to NT$29.70. The fair value is estimated to be NT$37.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.37 loss per share (vs NT$1.20 profit in 3Q 2023)Third quarter 2024 results: NT$1.37 loss per share (down from NT$1.20 profit in 3Q 2023). Revenue: NT$308.0m (flat on 3Q 2023). Net loss: NT$30.3m (down 214% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Sep 27Now 20% overvaluedOver the last 90 days, the stock has fallen 22% to NT$45.70. The fair value is estimated to be NT$38.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Aug 19Now 22% overvaluedOver the last 90 days, the stock has fallen 25% to NT$46.00. The fair value is estimated to be NT$37.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.65 loss per share (vs NT$1.10 profit in 2Q 2023)Second quarter 2024 results: NT$0.65 loss per share (down from NT$1.10 profit in 2Q 2023). Revenue: NT$310.3m (flat on 2Q 2023). Net loss: NT$14.3m (down 159% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$38.70, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 8.6% over the past three years.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$67.10, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.Reported Earnings • May 13First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.78 profit in 1Q 2023)First quarter 2024 results: NT$0.31 loss per share (down from NT$0.78 profit in 1Q 2023). Revenue: NT$240.4m (down 3.7% from 1Q 2023). Net loss: NT$6.86m (down 128% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 19Upcoming dividend of NT$2.27 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 18 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). In line with average of industry peers (3.2%).공지 • Mar 14Antec Inc., Annual General Meeting, Jun 21, 2024Antec Inc., Annual General Meeting, Jun 21, 2024.New Risk • Mar 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 143% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Market cap is less than US$100m (NT$1.58b market cap, or US$50.0m).Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$1.88 (vs NT$1.07 in FY 2022)Full year 2023 results: EPS: NT$1.88 (up from NT$1.07 in FY 2022). Revenue: NT$1.12b (down 6.2% from FY 2022). Net income: NT$56.3m (up 138% from FY 2022). Profit margin: 5.0% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$87.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$89.40, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 58%After last week's 58% share price gain to NT$80.60, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 168% over the past three years.Upcoming Dividend • Nov 30Upcoming dividend of NT$3.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 07 December 2023. Payment date: 25 December 2023. Payout ratio is a comfortable 21% and the cash payout ratio is 86%. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%).New Risk • Nov 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 51% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (51% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.68b market cap, or US$53.7m).Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$54.40, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$48.00, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$55.10, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$42.55, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 115% over the past three years.Buying Opportunity • Jun 07Now 22% undervaluedOver the last 90 days, the stock is up 99%. The fair value is estimated to be NT$43.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.Buying Opportunity • May 17Now 21% undervaluedOver the last 90 days, the stock is up 107%. The fair value is estimated to be NT$43.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$27.10, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 91% over the past three years.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$20.50, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 87% over the past three years.Upcoming Dividend • Mar 24Upcoming dividend of NT$0.70 per share at 3.4% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 25 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.6%).Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.75 (vs NT$1.09 in FY 2021)Full year 2022 results: EPS: NT$0.75 (down from NT$1.09 in FY 2021). Revenue: NT$1.19b (down 20% from FY 2021). Net income: NT$23.7m (down 31% from FY 2021). Profit margin: 2.0% (down from 2.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be NT$15.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be NT$17.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Sep 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.17 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.01 (down from NT$0.17 in 2Q 2021). Revenue: NT$329.6m (down 7.3% from 2Q 2021). Net income: NT$369.0k (down 93% from 2Q 2021). Profit margin: 0.1% (down from 1.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.30 loss per share (vs NT$1.52 profit in 1Q 2021)First quarter 2022 results: NT$0.30 loss per share (down from NT$1.52 profit in 1Q 2021). Revenue: NT$332.8m (down 32% from 1Q 2021). Net loss: NT$9.46m (down 120% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 28 April 2022. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.4%).Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.09 (down from NT$3.54 in FY 2020). Revenue: NT$1.49b (down 13% from FY 2020). Net income: NT$34.5m (down 68% from FY 2020). Profit margin: 2.3% (down from 6.4% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.41 loss per share (vs NT$0.96 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$306.8m (down 31% from 3Q 2020). Net loss: NT$12.9m (down 143% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.78 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$355.5m (down 8.8% from 2Q 2020). Net income: NT$5.42m (down 77% from 2Q 2020). Profit margin: 1.5% (down from 6.1% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$29.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.Upcoming Dividend • Jul 30Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 06 August 2021. Payment date: 31 August 2021. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.52 (vs NT$0.57 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$486.4m (up 47% from 1Q 2020). Net income: NT$47.7m (up 177% from 1Q 2020). Profit margin: 9.8% (up from 5.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 06Why The 28% Return On Capital At Antec (GTSM:6276) Should Have Your AttentionIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Mar 17We Think Antec (GTSM:6276) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 12Full year 2020 earnings released: EPS NT$3.54 (vs NT$0.86 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.72b (up 34% from FY 2019). Net income: NT$109.2m (up 294% from FY 2019). Profit margin: 6.4% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$39.70, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 181%.분석 기사 • Feb 16What To Know Before Buying Antec Inc. (GTSM:6276) For Its DividendDividend paying stocks like Antec Inc. ( GTSM:6276 ) tend to be popular with investors, and for good reason - some...분석 기사 • Jan 26Antec Inc.'s (GTSM:6276) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Antec's (GTSM:6276) stock is up by a considerable 21% over the past three months. Since the market usually pay for a...분석 기사 • Jan 06Here's Why We Don't Think Antec's (GTSM:6276) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$44.70, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 14.9x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 234%.분석 기사 • Dec 09Antec (GTSM:6276): Are Investors Overlooking Returns On Capital?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Is New 90 Day High Low • Dec 08New 90-day high: NT$37.20The company is up 8.0% from its price of NT$34.30 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.96The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$442.4m (up 38% from 3Q 2019). Net income: NT$30.0m (up 338% from 3Q 2019). Profit margin: 6.8% (up from 2.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.매출 및 비용 세부 내역Antec가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:6276 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Dec 251,439202712930 Sep 251,445182743030 Jun 251,429-172863031 Mar 251,360-212883431 Dec 241,197-482813730 Sep 241,115-702733630 Jun 241,113-142633731 Mar 241,112252533031 Dec 231,121562442430 Sep 231,1911052322230 Jun 231,091822211931 Mar 231,112582201831 Dec 221,195242241830 Sep 221,208-122351930 Jun 221,309-282401931 Mar 221,335-232352031 Dec 211,489342412030 Sep 211,703782532330 Jun 211,8381212592531 Mar 211,8731402572531 Dec 201,7181092432430 Sep 201,547792311930 Jun 201,425562211631 Mar 201,366432211431 Dec 191,284282181230 Sep 191,183191971130 Jun 191,135131841031 Mar 191,110111741131 Dec 181,05541491230 Sep 18968-141261230 Jun 18875-111051131 Mar 18772-2092831 Dec 17765-28103730 Sep 17805-4112630 Jun 17866-15129831 Mar 17979-511471131 Dec 161,076-581591330 Sep 161,102-1141791630 Jun 161,158-1331951831 Mar 161,204-1242142031 Dec 151,263-1132362230 Sep 151,335-552342430 Jun 151,365-2324023양질의 수익: 6276는 NT$7.2M 규모의 큰 일회성 손실이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 6276는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6276의 수익은 지난 5년 동안 연평균 41.9% 감소했습니다.성장 가속화: 6276는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: 6276는 지난해 흑자전환하여 지난 해 수익 성장률을 Electronic 업계(-2%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 6276의 자본 수익률(8.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 15:36종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Antec Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.92 (vs NT$2.16 loss in FY 2024)Full year 2025 results: EPS: NT$0.92 (up from NT$2.16 loss in FY 2024). Revenue: NT$1.44b (up 20% from FY 2024). Net income: NT$20.2m (up NT$67.8m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$1.38 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (up from NT$1.38 loss in 3Q 2024). Revenue: NT$323.4m (up 5.0% from 3Q 2024). Net income: NT$5.64m (up NT$36.0m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.65 loss in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (improved from NT$0.65 loss in 2Q 2024). Revenue: NT$379.3m (up 22% from 2Q 2024). Net loss: NT$11.2m (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.92 (up from NT$0.31 loss in 1Q 2024). Revenue: NT$403.4m (up 68% from 1Q 2024). Net income: NT$20.2m (up NT$27.0m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.37 loss per share (vs NT$1.20 profit in 3Q 2023)Third quarter 2024 results: NT$1.37 loss per share (down from NT$1.20 profit in 3Q 2023). Revenue: NT$308.0m (flat on 3Q 2023). Net loss: NT$30.3m (down 214% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.65 loss per share (vs NT$1.10 profit in 2Q 2023)Second quarter 2024 results: NT$0.65 loss per share (down from NT$1.10 profit in 2Q 2023). Revenue: NT$310.3m (flat on 2Q 2023). Net loss: NT$14.3m (down 159% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$727.4m market cap, or US$22.7m).
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$37.80, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.92 (vs NT$2.16 loss in FY 2024)Full year 2025 results: EPS: NT$0.92 (up from NT$2.16 loss in FY 2024). Revenue: NT$1.44b (up 20% from FY 2024). Net income: NT$20.2m (up NT$67.8m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
공지 • Mar 06Antec Inc., Annual General Meeting, Jun 11, 2026Antec Inc., Annual General Meeting, Jun 11, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$39.95, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 112% over the past three years.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$1.38 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (up from NT$1.38 loss in 3Q 2024). Revenue: NT$323.4m (up 5.0% from 3Q 2024). Net income: NT$5.64m (up NT$36.0m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.65 loss in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (improved from NT$0.65 loss in 2Q 2024). Revenue: NT$379.3m (up 22% from 2Q 2024). Net loss: NT$11.2m (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.92 (up from NT$0.31 loss in 1Q 2024). Revenue: NT$403.4m (up 68% from 1Q 2024). Net income: NT$20.2m (up NT$27.0m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 29Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to NT$45.70. The fair value is estimated to be NT$36.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Apr 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to NT$28.45. The fair value is estimated to be NT$36.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Mar 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$814.5m market cap, or US$24.6m).
공지 • Mar 03Antec Inc., Annual General Meeting, Jun 19, 2025Antec Inc., Annual General Meeting, Jun 19, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Buy Or Sell Opportunity • Feb 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$42.95. The fair value is estimated to be NT$35.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$782.5m market cap, or US$23.8m).
Buy Or Sell Opportunity • Jan 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to NT$29.50. The fair value is estimated to be NT$37.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Dec 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to NT$29.70. The fair value is estimated to be NT$37.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$1.37 loss per share (vs NT$1.20 profit in 3Q 2023)Third quarter 2024 results: NT$1.37 loss per share (down from NT$1.20 profit in 3Q 2023). Revenue: NT$308.0m (flat on 3Q 2023). Net loss: NT$30.3m (down 214% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Sep 27Now 20% overvaluedOver the last 90 days, the stock has fallen 22% to NT$45.70. The fair value is estimated to be NT$38.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Aug 19Now 22% overvaluedOver the last 90 days, the stock has fallen 25% to NT$46.00. The fair value is estimated to be NT$37.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.65 loss per share (vs NT$1.10 profit in 2Q 2023)Second quarter 2024 results: NT$0.65 loss per share (down from NT$1.10 profit in 2Q 2023). Revenue: NT$310.3m (flat on 2Q 2023). Net loss: NT$14.3m (down 159% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$38.70, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 8.6% over the past three years.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$67.10, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Reported Earnings • May 13First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.78 profit in 1Q 2023)First quarter 2024 results: NT$0.31 loss per share (down from NT$0.78 profit in 1Q 2023). Revenue: NT$240.4m (down 3.7% from 1Q 2023). Net loss: NT$6.86m (down 128% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 19Upcoming dividend of NT$2.27 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 18 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). In line with average of industry peers (3.2%).
공지 • Mar 14Antec Inc., Annual General Meeting, Jun 21, 2024Antec Inc., Annual General Meeting, Jun 21, 2024.
New Risk • Mar 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 143% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Market cap is less than US$100m (NT$1.58b market cap, or US$50.0m).
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$1.88 (vs NT$1.07 in FY 2022)Full year 2023 results: EPS: NT$1.88 (up from NT$1.07 in FY 2022). Revenue: NT$1.12b (down 6.2% from FY 2022). Net income: NT$56.3m (up 138% from FY 2022). Profit margin: 5.0% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$87.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$89.40, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 58%After last week's 58% share price gain to NT$80.60, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 168% over the past three years.
Upcoming Dividend • Nov 30Upcoming dividend of NT$3.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 07 December 2023. Payment date: 25 December 2023. Payout ratio is a comfortable 21% and the cash payout ratio is 86%. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%).
New Risk • Nov 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 51% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (51% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.68b market cap, or US$53.7m).
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$54.40, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$48.00, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$55.10, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$42.55, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 115% over the past three years.
Buying Opportunity • Jun 07Now 22% undervaluedOver the last 90 days, the stock is up 99%. The fair value is estimated to be NT$43.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.
Buying Opportunity • May 17Now 21% undervaluedOver the last 90 days, the stock is up 107%. The fair value is estimated to be NT$43.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 31%.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$27.10, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 91% over the past three years.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$20.50, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 87% over the past three years.
Upcoming Dividend • Mar 24Upcoming dividend of NT$0.70 per share at 3.4% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 25 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.6%).
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.75 (vs NT$1.09 in FY 2021)Full year 2022 results: EPS: NT$0.75 (down from NT$1.09 in FY 2021). Revenue: NT$1.19b (down 20% from FY 2021). Net income: NT$23.7m (down 31% from FY 2021). Profit margin: 2.0% (down from 2.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be NT$15.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Oct 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be NT$17.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Sep 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.17 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.01 (down from NT$0.17 in 2Q 2021). Revenue: NT$329.6m (down 7.3% from 2Q 2021). Net income: NT$369.0k (down 93% from 2Q 2021). Profit margin: 0.1% (down from 1.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.30 loss per share (vs NT$1.52 profit in 1Q 2021)First quarter 2022 results: NT$0.30 loss per share (down from NT$1.52 profit in 1Q 2021). Revenue: NT$332.8m (down 32% from 1Q 2021). Net loss: NT$9.46m (down 120% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Wing Lam was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 28 April 2022. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.4%).
Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.09 (down from NT$3.54 in FY 2020). Revenue: NT$1.49b (down 13% from FY 2020). Net income: NT$34.5m (down 68% from FY 2020). Profit margin: 2.3% (down from 6.4% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.41 loss per share (vs NT$0.96 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$306.8m (down 31% from 3Q 2020). Net loss: NT$12.9m (down 143% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.78 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$355.5m (down 8.8% from 2Q 2020). Net income: NT$5.42m (down 77% from 2Q 2020). Profit margin: 1.5% (down from 6.1% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$29.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.
Upcoming Dividend • Jul 30Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 06 August 2021. Payment date: 31 August 2021. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.52 (vs NT$0.57 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$486.4m (up 47% from 1Q 2020). Net income: NT$47.7m (up 177% from 1Q 2020). Profit margin: 9.8% (up from 5.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 06Why The 28% Return On Capital At Antec (GTSM:6276) Should Have Your AttentionIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Mar 17We Think Antec (GTSM:6276) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 12Full year 2020 earnings released: EPS NT$3.54 (vs NT$0.86 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.72b (up 34% from FY 2019). Net income: NT$109.2m (up 294% from FY 2019). Profit margin: 6.4% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$39.70, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 181%.
분석 기사 • Feb 16What To Know Before Buying Antec Inc. (GTSM:6276) For Its DividendDividend paying stocks like Antec Inc. ( GTSM:6276 ) tend to be popular with investors, and for good reason - some...
분석 기사 • Jan 26Antec Inc.'s (GTSM:6276) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Antec's (GTSM:6276) stock is up by a considerable 21% over the past three months. Since the market usually pay for a...
분석 기사 • Jan 06Here's Why We Don't Think Antec's (GTSM:6276) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$44.70, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 14.9x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 234%.
분석 기사 • Dec 09Antec (GTSM:6276): Are Investors Overlooking Returns On Capital?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Is New 90 Day High Low • Dec 08New 90-day high: NT$37.20The company is up 8.0% from its price of NT$34.30 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.96The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$442.4m (up 38% from 3Q 2019). Net income: NT$30.0m (up 338% from 3Q 2019). Profit margin: 6.8% (up from 2.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.