View ValuationAllied Circuit 향후 성장Future 기준 점검 3/6Allied Circuit의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Electronic 이익 성장31.7%매출 성장률24.8%향후 자기자본이익률24.43%애널리스트 커버리지Low마지막 업데이트26 Jan 2026최근 향후 성장 업데이트Price Target Changed • Jul 18Price target increased by 7.3% to NT$148Up from NT$138, the current price target is an average from 2 analysts. New target price is 16% below last closing price of NT$175. Stock is up 38% over the past year. The company posted earnings per share of NT$11.17 last year.Price Target Changed • Feb 04Price target decreased by 7.2% to NT$130Down from NT$140, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$117. Stock is down 36% over the past year. The company posted earnings per share of NT$7.85 last year.Price Target Changed • Nov 16Price target increased to NT$155Up from NT$136, the current price target is provided by 1 analyst. New target price is 52% above last closing price of NT$102. Stock is down 35% over the past year. The company posted earnings per share of NT$7.85 last year.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$416, the stock trades at a trailing P/E ratio of 63.3x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 203% over the past three years.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$277, the stock trades at a trailing P/E ratio of 42.2x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 129% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$276, the stock trades at a trailing P/E ratio of 40.9x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 135% over the past three years.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: NT$6.88 (vs NT$4.69 in FY 2024)Full year 2025 results: EPS: NT$6.88 (up from NT$4.69 in FY 2024). Revenue: NT$4.95b (up 37% from FY 2024). Net income: NT$376.6m (up 59% from FY 2024). Profit margin: 7.6% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.공지 • Mar 09Allied Circuit Co., Ltd., Annual General Meeting, May 25, 2026Allied Circuit Co., Ltd., Annual General Meeting, May 25, 2026. Location: b1 floor no,128, kung erh rd., wu lin li, longtan district, taoyuan city TaiwanValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$181, the stock trades at a trailing P/E ratio of 39.5x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 65% over the past three years.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$203, the stock trades at a trailing P/E ratio of 44.3x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 92% over the past three years.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$171, the stock trades at a trailing P/E ratio of 37.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past three years.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.96 (vs NT$0.69 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.96 (up from NT$0.69 in 3Q 2024). Revenue: NT$1.21b (up 23% from 3Q 2024). Net income: NT$126.0m (up 264% from 3Q 2024). Profit margin: 10% (up from 3.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.19 loss per share (vs NT$1.82 profit in 2Q 2024)Second quarter 2025 results: NT$0.19 loss per share (down from NT$1.82 profit in 2Q 2024). Revenue: NT$1.22b (up 29% from 2Q 2024). Net loss: NT$10.7m (down 112% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% 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 • Aug 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$147, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 29% over the past three years.Upcoming Dividend • Jun 19Upcoming dividend of NT$3.80 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 25 July 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.3%).Declared Dividend • May 28Dividend of NT$3.80 announcedShareholders will receive a dividend of NT$3.80. Ex-date: 26th June 2025 Payment date: 25th July 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.0% EPS decline seen over the last 5 years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.30 (vs NT$0.74 in 1Q 2024)First quarter 2025 results: EPS: NT$1.30 (up from NT$0.74 in 1Q 2024). Revenue: NT$1.13b (up 60% from 1Q 2024). Net income: NT$66.5m (up 79% from 1Q 2024). Profit margin: 5.9% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$98.70, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 23% over the past three years.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$130, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$4.69 (vs NT$4.08 in FY 2023)Full year 2024 results: EPS: NT$4.69 (up from NT$4.08 in FY 2023). Revenue: NT$3.62b (up 25% from FY 2023). Net income: NT$236.4m (up 16% from FY 2023). Profit margin: 6.5% (down from 7.1% in FY 2023). The decrease in margin was driven by higher expenses. 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 12% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$137, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total loss to shareholders of 19% over the past three years.공지 • Feb 24Allied Circuit Co., Ltd., Annual General Meeting, May 26, 2025Allied Circuit Co., Ltd., Annual General Meeting, May 26, 2025. Location: b1 floor no,128, kung erh rd., wu lin li, longtan district, taoyuan city TaiwanValuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$122, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.New Risk • Jan 13New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (409% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$103, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total loss to shareholders of 37% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.76 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.69 (down from NT$0.76 in 3Q 2023). Revenue: NT$984.9m (up 38% from 3Q 2023). Net income: NT$34.6m (down 9.6% from 3Q 2023). Profit margin: 3.5% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$124, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 7.9% over the past three years.New Risk • Nov 08New 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 Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (262% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.82 (vs NT$0.82 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.82 (up from NT$0.82 in 2Q 2023). Revenue: NT$948.5m (up 41% from 2Q 2023). Net income: NT$91.4m (up 125% from 2Q 2023). Profit margin: 9.6% (up from 6.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.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$110, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.Upcoming Dividend • Jun 24Upcoming dividend of NT$3.60 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 26 July 2024. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.74 (vs NT$1.06 in 1Q 2023)First quarter 2024 results: EPS: NT$0.74 (down from NT$1.06 in 1Q 2023). Revenue: NT$704.1m (up 1.1% from 1Q 2023). Net income: NT$37.1m (down 30% from 1Q 2023). Profit margin: 5.3% (down from 7.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.New Risk • May 13New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 179% Cash payout ratio: 149% Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (7.1% net profit margin).공지 • Mar 12Allied Circuit Co., Ltd., Annual General Meeting, May 27, 2024Allied Circuit Co., Ltd., Annual General Meeting, May 27, 2024.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$4.08 (vs NT$11.17 in FY 2022)Full year 2023 results: EPS: NT$4.08 (down from NT$11.17 in FY 2022). Revenue: NT$2.89b (down 16% from FY 2022). Net income: NT$204.1m (down 63% from FY 2022). Profit margin: 7.1% (down from 16% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% 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 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$158, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years.Buying Opportunity • Aug 18Now 22% undervaluedOver the last 90 days, the stock is up 2.2%. The fair value is estimated to be NT$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 2.8%.New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.5% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 128% Cash payout ratio: 123% Minor Risks Profit margins are more than 30% lower than last year (9.5% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.82 (vs NT$3.82 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.82 (down from NT$3.82 in 2Q 2022). Revenue: NT$673.0m (down 25% from 2Q 2022). Net income: NT$40.6m (down 79% from 2Q 2022). Profit margin: 6.0% (down from 21% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Jul 20Upcoming dividend of NT$7.30 per share at 4.1% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).Price Target Changed • Jul 18Price target increased by 7.3% to NT$148Up from NT$138, the current price target is an average from 2 analysts. New target price is 16% below last closing price of NT$175. Stock is up 38% over the past year. The company posted earnings per share of NT$11.17 last year.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$172, the stock trades at a trailing P/E ratio of 20.4x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 38% over the past three years.Buying Opportunity • Jun 14Now 20% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be NT$181, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 6.3%.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$163, the stock trades at a trailing P/E ratio of 15x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 30% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$152, the stock trades at a trailing P/E ratio of 14x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$206 per share.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$132, the stock trades at a trailing P/E ratio of 12.2x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 2.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$206 per share.Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$11.17 (vs NT$7.85 in FY 2021)Full year 2022 results: EPS: NT$11.17 (up from NT$7.85 in FY 2021). Revenue: NT$3.45b (up 19% from FY 2021). Net income: NT$555.7m (up 42% from FY 2021). Profit margin: 16% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Price Target Changed • Feb 04Price target decreased by 7.2% to NT$130Down from NT$140, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$117. Stock is down 36% over the past year. The company posted earnings per share of NT$7.85 last year.Price Target Changed • Nov 16Price target increased to NT$155Up from NT$136, the current price target is provided by 1 analyst. New target price is 52% above last closing price of NT$102. Stock is down 35% over the past year. The company posted earnings per share of NT$7.85 last year.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$2.38 (vs NT$1.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.38 (up from NT$1.71 in 3Q 2021). Revenue: NT$833.4m (up 15% from 3Q 2021). Net income: NT$118.5m (up 39% from 3Q 2021). Profit margin: 14% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$3.82 (vs NT$1.52 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.82 (up from NT$1.52 in 2Q 2021). Revenue: NT$897.3m (up 30% from 2Q 2021). Net income: NT$190.1m (up 151% from 2Q 2021). Profit margin: 21% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$109, the stock trades at a trailing P/E ratio of 11.5x. Average forward P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 101% over the past three years.Upcoming Dividend • Jul 21Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 63% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (4.7%).Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$120, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 139% over the past three years.Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$3.53 (vs NT$1.86 in 1Q 2021)First quarter 2022 results: EPS: NT$3.53 (up from NT$1.86 in 1Q 2021). Revenue: NT$936.7m (up 44% from 1Q 2021). Net income: NT$175.5m (up 90% from 1Q 2021). Profit margin: 19% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$213, the stock trades at a trailing P/E ratio of 27.1x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 280% over the past three years.Buying Opportunity • Mar 22Now 26% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be NT$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 19% per annum over the last 3 years.Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.85 (down from NT$10.69 in FY 2020). Revenue: NT$2.90b (flat on FY 2020). Net income: NT$390.4m (down 27% from FY 2020). Profit margin: 13% (down from 18% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 23%, compared to a 8.8% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$167, the stock trades at a trailing P/E ratio of 23.9x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 222% over the past three years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.71 (vs NT$2.32 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$724.1m (up 1.7% from 3Q 2020). Net income: NT$85.1m (down 26% from 3Q 2020). Profit margin: 12% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$142, the stock trades at a trailing P/E ratio of 18.7x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 135% over the past three years.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.52 (vs NT$3.55 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$690.4m (down 17% from 2Q 2020). Net income: NT$75.7m (down 57% from 2Q 2020). Profit margin: 11% (down from 21% 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 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Jul 22Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 27 August 2021. Trailing yield: 5.8%. 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$1.86 (vs NT$2.92 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$648.5m (down 12% from 1Q 2020). Net income: NT$92.5m (down 36% from 1Q 2020). Profit margin: 14% (down from 20% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.분석 기사 • Mar 25Is Allied Circuit Co., Ltd. (GTSM:8155) A Smart Pick For Income Investors?Dividend paying stocks like Allied Circuit Co., Ltd. ( GTSM:8155 ) tend to be popular with investors, and for good...Reported Earnings • Mar 06Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.91b (up 45% from FY 2019). Net income: NT$531.7m (up 140% from FY 2019). Profit margin: 18% (up from 11% 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 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Mar 06Revenue misses expectationsRevenue missed analyst estimates by 0.05%. Over the next year, revenue is expected to shrink by 5.1% compared to a 16% growth forecast for the Electronic industry in Taiwan.분석 기사 • Feb 19Allied Circuit (GTSM:8155) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Feb 04The 35% Return On Capital At Allied Circuit (GTSM:8155) Got Our AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Is New 90 Day High Low • Jan 21New 90-day low: NT$110The company is down 3.0% from its price of NT$114 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$156 per share.분석 기사 • Jan 14An Intrinsic Calculation For Allied Circuit Co., Ltd. (GTSM:8155) Suggests It's 25% UndervaluedHow far off is Allied Circuit Co., Ltd. ( GTSM:8155 ) from its intrinsic value? Using the most recent financial data...분석 기사 • Dec 17Allied Circuit Co., Ltd.'s (GTSM:8155) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Allied Circuit's (GTSM:8155) stock increased significantly by 14% over the...Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$146, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.8x. 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 130%.Is New 90 Day High Low • Dec 04New 90-day high: NT$128The company is up 2.0% from its price of NT$125 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period.분석 기사 • Dec 02Allied Circuit (GTSM:8155) Has Rewarded Shareholders With An Exceptional 802% Total Return On Their InvestmentLong term investing can be life changing when you buy and hold the truly great businesses. And highest quality...분석 기사 • Nov 18Is Allied Circuit Co., Ltd. (GTSM:8155) A Smart Choice For Dividend Investors?Is Allied Circuit Co., Ltd. (GTSM:8155) a good dividend stock? How can we tell? Dividend paying companies with growing...Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$2.32The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$712.0m (up 32% from 3Q 2019). Net income: NT$115.2m (up 69% from 3Q 2019). Profit margin: 16% (up from 13% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Nov 08Revenue misses expectationsRevenue missed analyst estimates by 9.6%.Is New 90 Day High Low • Oct 05New 90-day low: NT$111The company is down 23% from its price of NT$144 on 07 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period.이익 및 매출 성장 예측TPEX:8155 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20278,166N/AN/A1,016112/31/20266,373N/AN/A1,023112/31/20254,950377-400122N/A9/30/20254,543255-261194N/A6/30/20254,315164-74289N/A3/31/20254,039266-97263N/A12/31/20243,616236122399N/A9/30/20243,44723645315N/A6/30/20243,17623970317N/A3/31/20242,900189160389N/A12/31/20232,892204250496N/A9/30/20232,861203315591N/A6/30/20232,981283304543N/A3/31/20233,205433288534N/A12/31/20223,446556461678N/A9/30/20223,508621296501N/A6/30/20223,399588339534N/A3/31/20223,192473170364N/A12/31/20212,904390-58130N/A9/30/20212,696348162300N/A6/30/20212,684378301447N/A3/31/20212,824479533664N/A12/31/20202,915532552688N/A9/30/20202,885528517664N/A6/30/20202,712481422542N/A3/31/20202,351360258405N/A12/31/20192,016222233357N/A9/30/20191,879170N/A269N/A6/30/20191,981182N/A327N/A3/31/20192,277267N/A438N/A12/31/20182,592366N/A601N/A9/30/20182,841432N/A630N/A6/30/20182,851447N/A555N/A3/31/20182,621376N/A423N/A12/31/20172,398307N/A229N/A9/30/20172,150251N/A179N/A6/30/20171,939189N/A161N/A3/31/20171,845162N/A205N/A12/31/20161,740163N/A162N/A9/30/20161,641149N/A184N/A6/30/20161,529134N/A214N/A3/31/20161,45490N/A245N/A12/31/20151,52993N/A261N/A9/30/20151,635104N/A302N/A6/30/20151,725105N/A255N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 8155 의 예상 수익 증가율이 절약률(1.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 8155 의 수익이 TW 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 8155 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 8155 의 수익(연간 24.8%)이 TW 시장(연간 18.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 8155 의 수익(연간 24.8%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 8155의 자본 수익률은 3년 후 24.4%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 07:34종가2026/05/07 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 소스Allied Circuit Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yijun TuCapital Securities CorporationJunzhe HungMasterlink Securities Investment AdvisoryKuan-Chieh LiaoSinoPac Securities Investment Service
Price Target Changed • Jul 18Price target increased by 7.3% to NT$148Up from NT$138, the current price target is an average from 2 analysts. New target price is 16% below last closing price of NT$175. Stock is up 38% over the past year. The company posted earnings per share of NT$11.17 last year.
Price Target Changed • Feb 04Price target decreased by 7.2% to NT$130Down from NT$140, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$117. Stock is down 36% over the past year. The company posted earnings per share of NT$7.85 last year.
Price Target Changed • Nov 16Price target increased to NT$155Up from NT$136, the current price target is provided by 1 analyst. New target price is 52% above last closing price of NT$102. Stock is down 35% over the past year. The company posted earnings per share of NT$7.85 last year.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$416, the stock trades at a trailing P/E ratio of 63.3x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 203% over the past three years.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$277, the stock trades at a trailing P/E ratio of 42.2x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 129% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$276, the stock trades at a trailing P/E ratio of 40.9x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 135% over the past three years.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: NT$6.88 (vs NT$4.69 in FY 2024)Full year 2025 results: EPS: NT$6.88 (up from NT$4.69 in FY 2024). Revenue: NT$4.95b (up 37% from FY 2024). Net income: NT$376.6m (up 59% from FY 2024). Profit margin: 7.6% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
공지 • Mar 09Allied Circuit Co., Ltd., Annual General Meeting, May 25, 2026Allied Circuit Co., Ltd., Annual General Meeting, May 25, 2026. Location: b1 floor no,128, kung erh rd., wu lin li, longtan district, taoyuan city Taiwan
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$181, the stock trades at a trailing P/E ratio of 39.5x. Average forward P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 65% over the past three years.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$203, the stock trades at a trailing P/E ratio of 44.3x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 92% over the past three years.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$171, the stock trades at a trailing P/E ratio of 37.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.96 (vs NT$0.69 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.96 (up from NT$0.69 in 3Q 2024). Revenue: NT$1.21b (up 23% from 3Q 2024). Net income: NT$126.0m (up 264% from 3Q 2024). Profit margin: 10% (up from 3.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.19 loss per share (vs NT$1.82 profit in 2Q 2024)Second quarter 2025 results: NT$0.19 loss per share (down from NT$1.82 profit in 2Q 2024). Revenue: NT$1.22b (up 29% from 2Q 2024). Net loss: NT$10.7m (down 112% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% 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 • Aug 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$147, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 29% over the past three years.
Upcoming Dividend • Jun 19Upcoming dividend of NT$3.80 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 25 July 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.3%).
Declared Dividend • May 28Dividend of NT$3.80 announcedShareholders will receive a dividend of NT$3.80. Ex-date: 26th June 2025 Payment date: 25th July 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.0% EPS decline seen over the last 5 years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.30 (vs NT$0.74 in 1Q 2024)First quarter 2025 results: EPS: NT$1.30 (up from NT$0.74 in 1Q 2024). Revenue: NT$1.13b (up 60% from 1Q 2024). Net income: NT$66.5m (up 79% from 1Q 2024). Profit margin: 5.9% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$98.70, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 23% over the past three years.
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$130, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$4.69 (vs NT$4.08 in FY 2023)Full year 2024 results: EPS: NT$4.69 (up from NT$4.08 in FY 2023). Revenue: NT$3.62b (up 25% from FY 2023). Net income: NT$236.4m (up 16% from FY 2023). Profit margin: 6.5% (down from 7.1% in FY 2023). The decrease in margin was driven by higher expenses. 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 12% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$137, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total loss to shareholders of 19% over the past three years.
공지 • Feb 24Allied Circuit Co., Ltd., Annual General Meeting, May 26, 2025Allied Circuit Co., Ltd., Annual General Meeting, May 26, 2025. Location: b1 floor no,128, kung erh rd., wu lin li, longtan district, taoyuan city Taiwan
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$122, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.
New Risk • Jan 13New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (409% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$103, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total loss to shareholders of 37% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.76 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.69 (down from NT$0.76 in 3Q 2023). Revenue: NT$984.9m (up 38% from 3Q 2023). Net income: NT$34.6m (down 9.6% from 3Q 2023). Profit margin: 3.5% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$124, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 7.9% over the past three years.
New Risk • Nov 08New 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 Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (262% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.82 (vs NT$0.82 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.82 (up from NT$0.82 in 2Q 2023). Revenue: NT$948.5m (up 41% from 2Q 2023). Net income: NT$91.4m (up 125% from 2Q 2023). Profit margin: 9.6% (up from 6.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
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$110, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.
Upcoming Dividend • Jun 24Upcoming dividend of NT$3.60 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 26 July 2024. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.74 (vs NT$1.06 in 1Q 2023)First quarter 2024 results: EPS: NT$0.74 (down from NT$1.06 in 1Q 2023). Revenue: NT$704.1m (up 1.1% from 1Q 2023). Net income: NT$37.1m (down 30% from 1Q 2023). Profit margin: 5.3% (down from 7.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
New Risk • May 13New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 179% Cash payout ratio: 149% Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (7.1% net profit margin).
공지 • Mar 12Allied Circuit Co., Ltd., Annual General Meeting, May 27, 2024Allied Circuit Co., Ltd., Annual General Meeting, May 27, 2024.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$4.08 (vs NT$11.17 in FY 2022)Full year 2023 results: EPS: NT$4.08 (down from NT$11.17 in FY 2022). Revenue: NT$2.89b (down 16% from FY 2022). Net income: NT$204.1m (down 63% from FY 2022). Profit margin: 7.1% (down from 16% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% 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 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$158, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years.
Buying Opportunity • Aug 18Now 22% undervaluedOver the last 90 days, the stock is up 2.2%. The fair value is estimated to be NT$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 2.8%.
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.5% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 128% Cash payout ratio: 123% Minor Risks Profit margins are more than 30% lower than last year (9.5% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.82 (vs NT$3.82 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.82 (down from NT$3.82 in 2Q 2022). Revenue: NT$673.0m (down 25% from 2Q 2022). Net income: NT$40.6m (down 79% from 2Q 2022). Profit margin: 6.0% (down from 21% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Jul 20Upcoming dividend of NT$7.30 per share at 4.1% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).
Price Target Changed • Jul 18Price target increased by 7.3% to NT$148Up from NT$138, the current price target is an average from 2 analysts. New target price is 16% below last closing price of NT$175. Stock is up 38% over the past year. The company posted earnings per share of NT$11.17 last year.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$172, the stock trades at a trailing P/E ratio of 20.4x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 38% over the past three years.
Buying Opportunity • Jun 14Now 20% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be NT$181, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 6.3%.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$163, the stock trades at a trailing P/E ratio of 15x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 30% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$152, the stock trades at a trailing P/E ratio of 14x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$206 per share.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$132, the stock trades at a trailing P/E ratio of 12.2x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 2.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$206 per share.
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$11.17 (vs NT$7.85 in FY 2021)Full year 2022 results: EPS: NT$11.17 (up from NT$7.85 in FY 2021). Revenue: NT$3.45b (up 19% from FY 2021). Net income: NT$555.7m (up 42% from FY 2021). Profit margin: 16% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Price Target Changed • Feb 04Price target decreased by 7.2% to NT$130Down from NT$140, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$117. Stock is down 36% over the past year. The company posted earnings per share of NT$7.85 last year.
Price Target Changed • Nov 16Price target increased to NT$155Up from NT$136, the current price target is provided by 1 analyst. New target price is 52% above last closing price of NT$102. Stock is down 35% over the past year. The company posted earnings per share of NT$7.85 last year.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$2.38 (vs NT$1.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.38 (up from NT$1.71 in 3Q 2021). Revenue: NT$833.4m (up 15% from 3Q 2021). Net income: NT$118.5m (up 39% from 3Q 2021). Profit margin: 14% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$3.82 (vs NT$1.52 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.82 (up from NT$1.52 in 2Q 2021). Revenue: NT$897.3m (up 30% from 2Q 2021). Net income: NT$190.1m (up 151% from 2Q 2021). Profit margin: 21% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$109, the stock trades at a trailing P/E ratio of 11.5x. Average forward P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 101% over the past three years.
Upcoming Dividend • Jul 21Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 63% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (4.7%).
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$120, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 139% over the past three years.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$3.53 (vs NT$1.86 in 1Q 2021)First quarter 2022 results: EPS: NT$3.53 (up from NT$1.86 in 1Q 2021). Revenue: NT$936.7m (up 44% from 1Q 2021). Net income: NT$175.5m (up 90% from 1Q 2021). Profit margin: 19% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$213, the stock trades at a trailing P/E ratio of 27.1x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 280% over the past three years.
Buying Opportunity • Mar 22Now 26% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be NT$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 19% per annum over the last 3 years.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.85 (down from NT$10.69 in FY 2020). Revenue: NT$2.90b (flat on FY 2020). Net income: NT$390.4m (down 27% from FY 2020). Profit margin: 13% (down from 18% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 23%, compared to a 8.8% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$167, the stock trades at a trailing P/E ratio of 23.9x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 222% over the past three years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.71 (vs NT$2.32 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$724.1m (up 1.7% from 3Q 2020). Net income: NT$85.1m (down 26% from 3Q 2020). Profit margin: 12% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$142, the stock trades at a trailing P/E ratio of 18.7x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 135% over the past three years.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.52 (vs NT$3.55 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$690.4m (down 17% from 2Q 2020). Net income: NT$75.7m (down 57% from 2Q 2020). Profit margin: 11% (down from 21% 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 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 22Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 27 August 2021. Trailing yield: 5.8%. 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$1.86 (vs NT$2.92 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$648.5m (down 12% from 1Q 2020). Net income: NT$92.5m (down 36% from 1Q 2020). Profit margin: 14% (down from 20% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 25Is Allied Circuit Co., Ltd. (GTSM:8155) A Smart Pick For Income Investors?Dividend paying stocks like Allied Circuit Co., Ltd. ( GTSM:8155 ) tend to be popular with investors, and for good...
Reported Earnings • Mar 06Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.91b (up 45% from FY 2019). Net income: NT$531.7m (up 140% from FY 2019). Profit margin: 18% (up from 11% 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 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 06Revenue misses expectationsRevenue missed analyst estimates by 0.05%. Over the next year, revenue is expected to shrink by 5.1% compared to a 16% growth forecast for the Electronic industry in Taiwan.
분석 기사 • Feb 19Allied Circuit (GTSM:8155) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Feb 04The 35% Return On Capital At Allied Circuit (GTSM:8155) Got Our AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Is New 90 Day High Low • Jan 21New 90-day low: NT$110The company is down 3.0% from its price of NT$114 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$156 per share.
분석 기사 • Jan 14An Intrinsic Calculation For Allied Circuit Co., Ltd. (GTSM:8155) Suggests It's 25% UndervaluedHow far off is Allied Circuit Co., Ltd. ( GTSM:8155 ) from its intrinsic value? Using the most recent financial data...
분석 기사 • Dec 17Allied Circuit Co., Ltd.'s (GTSM:8155) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Allied Circuit's (GTSM:8155) stock increased significantly by 14% over the...
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$146, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.8x. 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 130%.
Is New 90 Day High Low • Dec 04New 90-day high: NT$128The company is up 2.0% from its price of NT$125 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period.
분석 기사 • Dec 02Allied Circuit (GTSM:8155) Has Rewarded Shareholders With An Exceptional 802% Total Return On Their InvestmentLong term investing can be life changing when you buy and hold the truly great businesses. And highest quality...
분석 기사 • Nov 18Is Allied Circuit Co., Ltd. (GTSM:8155) A Smart Choice For Dividend Investors?Is Allied Circuit Co., Ltd. (GTSM:8155) a good dividend stock? How can we tell? Dividend paying companies with growing...
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$2.32The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$712.0m (up 32% from 3Q 2019). Net income: NT$115.2m (up 69% from 3Q 2019). Profit margin: 16% (up from 13% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Nov 08Revenue misses expectationsRevenue missed analyst estimates by 9.6%.
Is New 90 Day High Low • Oct 05New 90-day low: NT$111The company is down 23% from its price of NT$144 on 07 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period.