View ValuationAsia Vital Components 향후 성장Future 기준 점검 6/6Asia Vital Components (는) 각각 연간 32.2% 및 26.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 32.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 51.5% 로 예상됩니다.핵심 정보32.2%이익 성장률32.17%EPS 성장률Tech 이익 성장21.8%매출 성장률26.2%향후 자기자본이익률51.46%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트Price Target Changed • Apr 23Price target increased by 7.4% to NT$2,731Up from NT$2,543, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of NT$2,690. Stock is up 510% over the past year. The company is forecast to post earnings per share of NT$90.12 for next year compared to NT$49.17 last year.Price Target Changed • Mar 12Price target increased by 9.5% to NT$2,208Up from NT$2,017, the current price target is an average from 15 analysts. New target price is 17% above last closing price of NT$1,895. Stock is up 235% over the past year.Price Target Changed • Mar 04Price target increased by 8.3% to NT$2,037Up from NT$1,881, the current price target is an average from 15 analysts. New target price is 16% above last closing price of NT$1,750. Stock is up 209% over the past year. The company is forecast to post earnings per share of NT$49.48 for next year compared to NT$21.21 last year.Price Target Changed • Nov 01Price target increased by 7.2% to NT$1,480Up from NT$1,380, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,425. Stock is up 124% over the past year. The company is forecast to post earnings per share of NT$45.83 for next year compared to NT$21.21 last year.Major Estimate Revision • Aug 14Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$115.4b to NT$123.8b. EPS estimate increased from NT$39.37 to NT$43.31 per share. Net income forecast to grow 80% next year vs 22% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$975 to NT$1,196. Share price rose 4.9% to NT$1,075 over the past week.Price Target Changed • Aug 14Price target increased by 12% to NT$1,097Up from NT$975, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,080. Stock is up 82% over the past year. The company is forecast to post earnings per share of NT$41.47 for next year compared to NT$21.21 last year.모든 업데이트 보기Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$20.00 (vs NT$8.28 in 1Q 2025)First quarter 2026 results: EPS: NT$20.00 (up from NT$8.28 in 1Q 2025). Revenue: NT$49.0b (up 110% from 1Q 2025). Net income: NT$7.92b (up 146% from 1Q 2025). Profit margin: 16% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$2,405, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 1,325% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,827 per share.Buy Or Sell Opportunity • May 06Now 20% undervaluedOver the last 90 days, the stock has risen 49% to NT$2,435. The fair value is estimated to be NT$3,060, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.Price Target Changed • Apr 23Price target increased by 7.4% to NT$2,731Up from NT$2,543, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of NT$2,690. Stock is up 510% over the past year. The company is forecast to post earnings per share of NT$90.12 for next year compared to NT$49.17 last year.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$2,695, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 1,809% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,695 per share.Reported Earnings • Mar 12Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$49.17 (up from NT$21.21 in FY 2024). Revenue: NT$139.6b (up 95% from FY 2024). Net income: NT$19.2b (up 135% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 12Asia Vital Components Co., Ltd., Annual General Meeting, Jun 02, 2026Asia Vital Components Co., Ltd., Annual General Meeting, Jun 02, 2026. Location: 3 floor no,95, wu kung rd., sinjhuang district, new taipei city TaiwanPrice Target Changed • Mar 12Price target increased by 9.5% to NT$2,208Up from NT$2,017, the current price target is an average from 15 analysts. New target price is 17% above last closing price of NT$1,895. Stock is up 235% over the past year.Price Target Changed • Mar 04Price target increased by 8.3% to NT$2,037Up from NT$1,881, the current price target is an average from 15 analysts. New target price is 16% above last closing price of NT$1,750. Stock is up 209% over the past year. The company is forecast to post earnings per share of NT$49.48 for next year compared to NT$21.21 last year.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,765, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 1,427% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,732 per share.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,635, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 1,448% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,680 per share.Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 2.1% to NT$1,455. The fair value is estimated to be NT$1,842, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 99% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.Buy Or Sell Opportunity • Nov 21Now 20% undervaluedOver the last 90 days, the stock has risen 20% to NT$1,240. The fair value is estimated to be NT$1,556, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 85% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$13.67 (vs NT$6.02 in 3Q 2024)Third quarter 2025 results: EPS: NT$13.67 (up from NT$6.02 in 3Q 2024). Revenue: NT$38.9b (up 104% from 3Q 2024). Net income: NT$5.34b (up 130% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 144% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 01Price target increased by 7.2% to NT$1,480Up from NT$1,380, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,425. Stock is up 124% over the past year. The company is forecast to post earnings per share of NT$45.83 for next year compared to NT$21.21 last year.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$1,405, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Tech industry in Taiwan. Total returns to shareholders of 1,280% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,134 per share.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$1,160, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 998% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,418 per share.New Risk • Aug 27New 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 High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).Buy Or Sell Opportunity • Aug 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 74% to NT$1,050. The fair value is estimated to be NT$874, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 76% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$10.30 (up from NT$5.08 in 2Q 2024). Revenue: NT$29.6b (up 80% from 2Q 2024). Net income: NT$4.00b (up 105% from 2Q 2024). Profit margin: 14% (up from 12% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.2%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 14Upcoming dividend of NT$9.93 per shareEligible shareholders must have bought the stock before 19 August 2025. Payment date: 22 September 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.6%).Major Estimate Revision • Aug 14Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$115.4b to NT$123.8b. EPS estimate increased from NT$39.37 to NT$43.31 per share. Net income forecast to grow 80% next year vs 22% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$975 to NT$1,196. Share price rose 4.9% to NT$1,075 over the past week.Price Target Changed • Aug 14Price target increased by 12% to NT$1,097Up from NT$975, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,080. Stock is up 82% over the past year. The company is forecast to post earnings per share of NT$41.47 for next year compared to NT$21.21 last year.Price Target Changed • Aug 11Price target increased by 8.2% to NT$991Up from NT$916, the current price target is an average from 13 analysts. New target price is 7.8% below last closing price of NT$1,075. Stock is up 84% over the past year. The company is forecast to post earnings per share of NT$39.37 for next year compared to NT$21.21 last year.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,005, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 873% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$758 per share.Declared Dividend • Jul 31Dividend increased to NT$9.93Dividend of NT$9.93 is 43% higher than last year. Ex-date: 19th August 2025 Payment date: 22nd September 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 89% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 114% to NT$891. The fair value is estimated to be NT$736, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 74% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.Buy Or Sell Opportunity • Jun 11Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to NT$721. The fair value is estimated to be NT$588, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.공시 • Jun 07Asia Vital Components Co., Ltd. Approves Board ChangesAsia Vital Components Co., Ltd. approved the election of Independent Director Chen, Ren Her/Chairman of Tai-Chi Enterprise and Intangible Asset Appraisal Co., Ltd. and previous Directors were Cho, I Lang, Chen, Yi Chen, Wang, Jui Pin and Gao, Pai Ling. Effective date of the new appointment on June 6, 2025 to June 5, 2028.Major Estimate Revision • May 20Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$100.6b to NT$104.5b. EPS estimate increased from NT$31.72 to NT$35.63 per share. Net income forecast to grow 47% next year vs 16% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$723 to NT$755. Share price rose 6.4% to NT$599 over the past week.Reported Earnings • May 14First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$8.28 (up from NT$4.08 in 1Q 2024). Revenue: NT$23.3b (up 52% from 1Q 2024). Net income: NT$3.51b (up 124% from 1Q 2024). Profit margin: 15% (up from 10% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 06Asia Vital Components Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Asia Vital Components Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$477, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 384% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$378, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 286% over the past three years.New Risk • Mar 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Mar 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).공시 • Mar 14Asia Vital Components Co., Ltd., Annual General Meeting, Jun 06, 2025Asia Vital Components Co., Ltd., Annual General Meeting, Jun 06, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,95, wu kung rd., sinjhuang district, new taipei city TaiwanReported Earnings • Mar 14Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$21.21 (up from NT$14.11 in FY 2023). Revenue: NT$71.8b (up 21% from FY 2023). Net income: NT$8.17b (up 54% from FY 2023). Profit margin: 11% (up from 9.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 05Asia Vital Components Co., Ltd. to Report Q4, 2024 Results on Mar 12, 2025Asia Vital Components Co., Ltd. announced that they will report Q4, 2024 results on Mar 12, 2025New Risk • Jan 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$517, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 524% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$960 per share.Buy Or Sell Opportunity • Dec 16Now 24% undervaluedOver the last 90 days, the stock has risen 17% to NT$637. The fair value is estimated to be NT$837, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$6.02 (up from NT$3.72 in 3Q 2023). Revenue: NT$19.1b (up 21% from 3Q 2023). Net income: NT$2.32b (up 63% from 3Q 2023). Profit margin: 12% (up from 9.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Sep 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$594. The fair value is estimated to be NT$759, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$516, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 656% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$646 per share.Buy Or Sell Opportunity • Sep 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to NT$516. The fair value is estimated to be NT$646, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.New Risk • Aug 17New 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 9.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: NT$5.08 (vs NT$3.18 in 2Q 2023)Second quarter 2024 results: EPS: NT$5.08 (up from NT$3.18 in 2Q 2023). Revenue: NT$16.5b (up 11% from 2Q 2023). Net income: NT$1.95b (up 62% from 2Q 2023). Profit margin: 12% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 08Upcoming dividend of NT$6.96 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$527, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 699% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$561 per share.공시 • Aug 02Asia Vital Components Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Asia Vital Components Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Buy Or Sell Opportunity • Jul 30Now 28% overvaluedOver the last 90 days, the stock has fallen 2.3% to NT$639. The fair value is estimated to be NT$498, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 97% in the next 2 years.공시 • Jul 17Asia Vital Components Co., Ltd. Announces the Changes of Representative of Juristic Person DirectorAsia Vital Components Co., Ltd. announced the changes of Representative of Juristic Person Director. Name of the previous position holder: Toyoda Naoyuki. Resume of the previous position holder: Toyoda Naoyuki /President and General Manager of Taiwan Furukawa Electric Co., Ltd. Name of the new position holder: Katoh Shin. Resume of the new position holder: Katoh Shin /Director and Vice President of Taiwan Furukawa Electric Co., Ltd. Effective date of the new appointment: 16 July 2024. Original term: from June 17, 2022 to June 16, 2025.Declared Dividend • Jun 17Dividend increased to NT$7.00Dividend of NT$7.00 is 40% higher than last year. Ex-date: 15th August 2024 Payment date: 20th September 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 43% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 111% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$740, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 961% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$485 per share.Price Target Changed • May 29Price target increased by 8.6% to NT$824Up from NT$759, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of NT$811. Stock is up 311% over the past year. The company is forecast to post earnings per share of NT$19.48 for next year compared to NT$14.11 last year.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$738, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 1,013% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$524 per share.Reported Earnings • May 14First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: NT$4.08 (up from NT$2.85 in 1Q 2023). Revenue: NT$15.3b (up 29% from 1Q 2023). Net income: NT$1.56b (up 55% from 1Q 2023). Profit margin: 10% (up from 8.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 03Asia Vital Components Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Asia Vital Components Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Buy Or Sell Opportunity • May 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 38% to NT$660. The fair value is estimated to be NT$549, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.Price Target Changed • Apr 30Price target increased by 7.8% to NT$759Up from NT$704, the current price target is an average from 9 analysts. New target price is 16% above last closing price of NT$655. Stock is up 295% over the past year. The company is forecast to post earnings per share of NT$18.70 for next year compared to NT$14.11 last year.Price Target Changed • Apr 23Price target increased by 7.1% to NT$735Up from NT$686, the current price target is an average from 8 analysts. New target price is 27% above last closing price of NT$580. Stock is up 310% over the past year. The company is forecast to post earnings per share of NT$18.70 for next year compared to NT$14.11 last year.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$628, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 916% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$467 per share.Buy Or Sell Opportunity • Apr 01Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 68% to NT$555. The fair value is estimated to be NT$462, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 78% in the next 2 years.공시 • Mar 15Asia Vital Components Co., Ltd., Annual General Meeting, Jun 14, 2024Asia Vital Components Co., Ltd., Annual General Meeting, Jun 14, 2024.Reported Earnings • Mar 15Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$14.11 (up from NT$11.78 in FY 2022). Revenue: NT$59.2b (up 5.7% from FY 2022). Net income: NT$5.30b (up 27% from FY 2022). Profit margin: 9.0% (up from 7.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Mar 12Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 114% to NT$643. The fair value is estimated to be NT$504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.Price Target Changed • Mar 07Price target increased by 8.3% to NT$506Up from NT$467, the current price target is an average from 7 analysts. New target price is 16% below last closing price of NT$599. Stock is up 410% over the past year. The company is forecast to post earnings per share of NT$13.82 for next year compared to NT$11.78 last year.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$585, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 954% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$425 per share.Buy Or Sell Opportunity • Feb 22Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 62% to NT$521. The fair value is estimated to be NT$416, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.Buy Or Sell Opportunity • Feb 01Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to NT$460. The fair value is estimated to be NT$363, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$390, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 552% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$378 per share.New Risk • Jan 22New 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 7.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.2% average weekly change). Minor Risk Shareholders have been diluted in the past year (8.5% increase in shares outstanding).Buying Opportunity • Jan 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be NT$396, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 85% in the next 2 years.Price Target Changed • Jan 02Price target increased by 14% to NT$427Up from NT$376, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$337. Stock is up 199% over the past year. The company is forecast to post earnings per share of NT$13.50 for next year compared to NT$11.78 last year.Buying Opportunity • Nov 15Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be NT$401, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 85% in the next 2 years.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$3.72 (up from NT$3.51 in 3Q 2022). Revenue: NT$15.8b (up 6.0% from 3Q 2022). Net income: NT$1.43b (up 15% from 3Q 2022). Profit margin: 9.0% (up from 8.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 1.4%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$341, the stock trades at a trailing P/E ratio of 28.9x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 462% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$521 per share.Upcoming Dividend • Aug 18Upcoming dividend of NT$5.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.1%).이익 및 매출 성장 예측TWSE:3017 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028341,47857,52341,75662,565712/31/2027299,31252,21442,64851,3551312/31/2026220,58837,04319,12925,667113/31/2026165,34423,88837,71647,384N/A12/31/2025139,63919,18632,06139,415N/A9/30/2025112,76814,88816,70423,830N/A6/30/202592,89611,8726,93213,292N/A3/31/202579,7869,8226,17511,511N/A12/31/202471,7618,1725,0279,632N/A9/30/202467,5777,5068,74612,826N/A6/30/202464,2816,60810,46313,535N/A3/31/202462,6695,8629,41612,594N/A12/31/202359,1945,3056,55610,324N/A9/30/202357,2514,7154,9358,918N/A6/30/202356,3654,5283,6828,120N/A3/31/202355,2584,4234,3588,612N/A12/31/202256,0174,1625,1358,840N/A9/30/202253,4523,7923,3126,298N/A6/30/202250,3423,4072,1334,482N/A3/31/202249,3273,1061,7743,727N/A12/31/202147,3332,9011,2132,841N/A9/30/202145,6462,7042,0264,261N/A6/30/202143,9222,4902,3644,768N/A3/31/202142,7782,2621,0293,626N/A12/31/202039,6661,9162,4044,870N/A9/30/202039,3611,6902,9504,833N/A6/30/202039,2281,3081,4913,318N/A3/31/202037,1079722,1853,816N/A12/31/201936,534958N/A2,458N/A9/30/201934,258871N/A971N/A6/30/201931,962800N/A1,905N/A3/31/201929,482747N/A1,719N/A12/31/201829,067711N/A971N/A9/30/201828,673717N/A1,635N/A6/30/201827,873776N/A940N/A3/31/201827,178811N/A1,609N/A12/31/201727,109887N/A1,806N/A9/30/201726,750930N/A1,684N/A6/30/201726,496898N/A1,961N/A3/31/201726,528869N/A1,230N/A12/31/201626,504860N/A2,154N/A9/30/201626,040826N/A3,340N/A6/30/201626,312829N/A3,133N/A3/31/201626,194797N/A3,080N/A12/31/201525,675741N/A2,493N/A9/30/201525,023681N/A1,124N/A6/30/201524,317822N/A1,898N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 3017 의 연간 예상 수익 증가율(32.2%)이 saving rate(1.3%)보다 높습니다.수익 vs 시장: 3017 의 연간 수익(32.2%)이 TW 시장(26.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 3017 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 3017 의 수익(연간 26.2%)이 TW 시장(연간 18.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 3017 의 수익(연간 26.2%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 3017의 자본 수익률은 3년 후 51.5%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 17:05종가2026/05/21 00:00수익2026/03/31연간 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 소스Asia Vital Components Co., Ltd.는 20명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Lin-Ya KaoBofA Global ResearchMeizhen WangCapital Securities CorporationCarrie LiuCitigroup Inc17명의 분석가 더 보기
Price Target Changed • Apr 23Price target increased by 7.4% to NT$2,731Up from NT$2,543, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of NT$2,690. Stock is up 510% over the past year. The company is forecast to post earnings per share of NT$90.12 for next year compared to NT$49.17 last year.
Price Target Changed • Mar 12Price target increased by 9.5% to NT$2,208Up from NT$2,017, the current price target is an average from 15 analysts. New target price is 17% above last closing price of NT$1,895. Stock is up 235% over the past year.
Price Target Changed • Mar 04Price target increased by 8.3% to NT$2,037Up from NT$1,881, the current price target is an average from 15 analysts. New target price is 16% above last closing price of NT$1,750. Stock is up 209% over the past year. The company is forecast to post earnings per share of NT$49.48 for next year compared to NT$21.21 last year.
Price Target Changed • Nov 01Price target increased by 7.2% to NT$1,480Up from NT$1,380, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,425. Stock is up 124% over the past year. The company is forecast to post earnings per share of NT$45.83 for next year compared to NT$21.21 last year.
Major Estimate Revision • Aug 14Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$115.4b to NT$123.8b. EPS estimate increased from NT$39.37 to NT$43.31 per share. Net income forecast to grow 80% next year vs 22% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$975 to NT$1,196. Share price rose 4.9% to NT$1,075 over the past week.
Price Target Changed • Aug 14Price target increased by 12% to NT$1,097Up from NT$975, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,080. Stock is up 82% over the past year. The company is forecast to post earnings per share of NT$41.47 for next year compared to NT$21.21 last year.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$20.00 (vs NT$8.28 in 1Q 2025)First quarter 2026 results: EPS: NT$20.00 (up from NT$8.28 in 1Q 2025). Revenue: NT$49.0b (up 110% from 1Q 2025). Net income: NT$7.92b (up 146% from 1Q 2025). Profit margin: 16% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$2,405, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 1,325% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,827 per share.
Buy Or Sell Opportunity • May 06Now 20% undervaluedOver the last 90 days, the stock has risen 49% to NT$2,435. The fair value is estimated to be NT$3,060, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.
Price Target Changed • Apr 23Price target increased by 7.4% to NT$2,731Up from NT$2,543, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of NT$2,690. Stock is up 510% over the past year. The company is forecast to post earnings per share of NT$90.12 for next year compared to NT$49.17 last year.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$2,695, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 1,809% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,695 per share.
Reported Earnings • Mar 12Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$49.17 (up from NT$21.21 in FY 2024). Revenue: NT$139.6b (up 95% from FY 2024). Net income: NT$19.2b (up 135% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 12Asia Vital Components Co., Ltd., Annual General Meeting, Jun 02, 2026Asia Vital Components Co., Ltd., Annual General Meeting, Jun 02, 2026. Location: 3 floor no,95, wu kung rd., sinjhuang district, new taipei city Taiwan
Price Target Changed • Mar 12Price target increased by 9.5% to NT$2,208Up from NT$2,017, the current price target is an average from 15 analysts. New target price is 17% above last closing price of NT$1,895. Stock is up 235% over the past year.
Price Target Changed • Mar 04Price target increased by 8.3% to NT$2,037Up from NT$1,881, the current price target is an average from 15 analysts. New target price is 16% above last closing price of NT$1,750. Stock is up 209% over the past year. The company is forecast to post earnings per share of NT$49.48 for next year compared to NT$21.21 last year.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$1,765, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 1,427% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,732 per share.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,635, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 1,448% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,680 per share.
Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 2.1% to NT$1,455. The fair value is estimated to be NT$1,842, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 99% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.
Buy Or Sell Opportunity • Nov 21Now 20% undervaluedOver the last 90 days, the stock has risen 20% to NT$1,240. The fair value is estimated to be NT$1,556, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 85% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$13.67 (vs NT$6.02 in 3Q 2024)Third quarter 2025 results: EPS: NT$13.67 (up from NT$6.02 in 3Q 2024). Revenue: NT$38.9b (up 104% from 3Q 2024). Net income: NT$5.34b (up 130% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 144% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 01Price target increased by 7.2% to NT$1,480Up from NT$1,380, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,425. Stock is up 124% over the past year. The company is forecast to post earnings per share of NT$45.83 for next year compared to NT$21.21 last year.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$1,405, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Tech industry in Taiwan. Total returns to shareholders of 1,280% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$2,134 per share.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$1,160, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 998% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,418 per share.
New Risk • Aug 27New 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 High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).
Buy Or Sell Opportunity • Aug 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 74% to NT$1,050. The fair value is estimated to be NT$874, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 76% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.
Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$10.30 (up from NT$5.08 in 2Q 2024). Revenue: NT$29.6b (up 80% from 2Q 2024). Net income: NT$4.00b (up 105% from 2Q 2024). Profit margin: 14% (up from 12% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.2%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 14Upcoming dividend of NT$9.93 per shareEligible shareholders must have bought the stock before 19 August 2025. Payment date: 22 September 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.6%).
Major Estimate Revision • Aug 14Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$115.4b to NT$123.8b. EPS estimate increased from NT$39.37 to NT$43.31 per share. Net income forecast to grow 80% next year vs 22% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$975 to NT$1,196. Share price rose 4.9% to NT$1,075 over the past week.
Price Target Changed • Aug 14Price target increased by 12% to NT$1,097Up from NT$975, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$1,080. Stock is up 82% over the past year. The company is forecast to post earnings per share of NT$41.47 for next year compared to NT$21.21 last year.
Price Target Changed • Aug 11Price target increased by 8.2% to NT$991Up from NT$916, the current price target is an average from 13 analysts. New target price is 7.8% below last closing price of NT$1,075. Stock is up 84% over the past year. The company is forecast to post earnings per share of NT$39.37 for next year compared to NT$21.21 last year.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$1,005, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 873% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$758 per share.
Declared Dividend • Jul 31Dividend increased to NT$9.93Dividend of NT$9.93 is 43% higher than last year. Ex-date: 19th August 2025 Payment date: 22nd September 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 89% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 114% to NT$891. The fair value is estimated to be NT$736, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 74% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.
Buy Or Sell Opportunity • Jun 11Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to NT$721. The fair value is estimated to be NT$588, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 73% in the next 2 years.
공시 • Jun 07Asia Vital Components Co., Ltd. Approves Board ChangesAsia Vital Components Co., Ltd. approved the election of Independent Director Chen, Ren Her/Chairman of Tai-Chi Enterprise and Intangible Asset Appraisal Co., Ltd. and previous Directors were Cho, I Lang, Chen, Yi Chen, Wang, Jui Pin and Gao, Pai Ling. Effective date of the new appointment on June 6, 2025 to June 5, 2028.
Major Estimate Revision • May 20Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$100.6b to NT$104.5b. EPS estimate increased from NT$31.72 to NT$35.63 per share. Net income forecast to grow 47% next year vs 16% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$723 to NT$755. Share price rose 6.4% to NT$599 over the past week.
Reported Earnings • May 14First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$8.28 (up from NT$4.08 in 1Q 2024). Revenue: NT$23.3b (up 52% from 1Q 2024). Net income: NT$3.51b (up 124% from 1Q 2024). Profit margin: 15% (up from 10% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 06Asia Vital Components Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Asia Vital Components Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$477, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 384% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$378, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 286% over the past three years.
New Risk • Mar 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Mar 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
공시 • Mar 14Asia Vital Components Co., Ltd., Annual General Meeting, Jun 06, 2025Asia Vital Components Co., Ltd., Annual General Meeting, Jun 06, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,95, wu kung rd., sinjhuang district, new taipei city Taiwan
Reported Earnings • Mar 14Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$21.21 (up from NT$14.11 in FY 2023). Revenue: NT$71.8b (up 21% from FY 2023). Net income: NT$8.17b (up 54% from FY 2023). Profit margin: 11% (up from 9.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 05Asia Vital Components Co., Ltd. to Report Q4, 2024 Results on Mar 12, 2025Asia Vital Components Co., Ltd. announced that they will report Q4, 2024 results on Mar 12, 2025
New Risk • Jan 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$517, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 524% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$960 per share.
Buy Or Sell Opportunity • Dec 16Now 24% undervaluedOver the last 90 days, the stock has risen 17% to NT$637. The fair value is estimated to be NT$837, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: NT$6.02 (up from NT$3.72 in 3Q 2023). Revenue: NT$19.1b (up 21% from 3Q 2023). Net income: NT$2.32b (up 63% from 3Q 2023). Profit margin: 12% (up from 9.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Sep 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$594. The fair value is estimated to be NT$759, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$516, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 656% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$646 per share.
Buy Or Sell Opportunity • Sep 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to NT$516. The fair value is estimated to be NT$646, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 84% in the next 2 years.
New Risk • Aug 17New 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 9.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: NT$5.08 (vs NT$3.18 in 2Q 2023)Second quarter 2024 results: EPS: NT$5.08 (up from NT$3.18 in 2Q 2023). Revenue: NT$16.5b (up 11% from 2Q 2023). Net income: NT$1.95b (up 62% from 2Q 2023). Profit margin: 12% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 08Upcoming dividend of NT$6.96 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$527, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 699% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$561 per share.
공시 • Aug 02Asia Vital Components Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Asia Vital Components Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Buy Or Sell Opportunity • Jul 30Now 28% overvaluedOver the last 90 days, the stock has fallen 2.3% to NT$639. The fair value is estimated to be NT$498, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 97% in the next 2 years.
공시 • Jul 17Asia Vital Components Co., Ltd. Announces the Changes of Representative of Juristic Person DirectorAsia Vital Components Co., Ltd. announced the changes of Representative of Juristic Person Director. Name of the previous position holder: Toyoda Naoyuki. Resume of the previous position holder: Toyoda Naoyuki /President and General Manager of Taiwan Furukawa Electric Co., Ltd. Name of the new position holder: Katoh Shin. Resume of the new position holder: Katoh Shin /Director and Vice President of Taiwan Furukawa Electric Co., Ltd. Effective date of the new appointment: 16 July 2024. Original term: from June 17, 2022 to June 16, 2025.
Declared Dividend • Jun 17Dividend increased to NT$7.00Dividend of NT$7.00 is 40% higher than last year. Ex-date: 15th August 2024 Payment date: 20th September 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 43% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 111% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$740, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 961% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$485 per share.
Price Target Changed • May 29Price target increased by 8.6% to NT$824Up from NT$759, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of NT$811. Stock is up 311% over the past year. The company is forecast to post earnings per share of NT$19.48 for next year compared to NT$14.11 last year.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$738, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 1,013% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$524 per share.
Reported Earnings • May 14First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: NT$4.08 (up from NT$2.85 in 1Q 2023). Revenue: NT$15.3b (up 29% from 1Q 2023). Net income: NT$1.56b (up 55% from 1Q 2023). Profit margin: 10% (up from 8.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 03Asia Vital Components Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Asia Vital Components Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Buy Or Sell Opportunity • May 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 38% to NT$660. The fair value is estimated to be NT$549, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.
Price Target Changed • Apr 30Price target increased by 7.8% to NT$759Up from NT$704, the current price target is an average from 9 analysts. New target price is 16% above last closing price of NT$655. Stock is up 295% over the past year. The company is forecast to post earnings per share of NT$18.70 for next year compared to NT$14.11 last year.
Price Target Changed • Apr 23Price target increased by 7.1% to NT$735Up from NT$686, the current price target is an average from 8 analysts. New target price is 27% above last closing price of NT$580. Stock is up 310% over the past year. The company is forecast to post earnings per share of NT$18.70 for next year compared to NT$14.11 last year.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$628, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 916% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$467 per share.
Buy Or Sell Opportunity • Apr 01Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 68% to NT$555. The fair value is estimated to be NT$462, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 78% in the next 2 years.
공시 • Mar 15Asia Vital Components Co., Ltd., Annual General Meeting, Jun 14, 2024Asia Vital Components Co., Ltd., Annual General Meeting, Jun 14, 2024.
Reported Earnings • Mar 15Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$14.11 (up from NT$11.78 in FY 2022). Revenue: NT$59.2b (up 5.7% from FY 2022). Net income: NT$5.30b (up 27% from FY 2022). Profit margin: 9.0% (up from 7.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Mar 12Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 114% to NT$643. The fair value is estimated to be NT$504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.
Price Target Changed • Mar 07Price target increased by 8.3% to NT$506Up from NT$467, the current price target is an average from 7 analysts. New target price is 16% below last closing price of NT$599. Stock is up 410% over the past year. The company is forecast to post earnings per share of NT$13.82 for next year compared to NT$11.78 last year.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$585, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 954% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$425 per share.
Buy Or Sell Opportunity • Feb 22Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 62% to NT$521. The fair value is estimated to be NT$416, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.
Buy Or Sell Opportunity • Feb 01Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to NT$460. The fair value is estimated to be NT$363, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$390, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 552% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$378 per share.
New Risk • Jan 22New 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 7.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.2% average weekly change). Minor Risk Shareholders have been diluted in the past year (8.5% increase in shares outstanding).
Buying Opportunity • Jan 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be NT$396, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 85% in the next 2 years.
Price Target Changed • Jan 02Price target increased by 14% to NT$427Up from NT$376, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$337. Stock is up 199% over the past year. The company is forecast to post earnings per share of NT$13.50 for next year compared to NT$11.78 last year.
Buying Opportunity • Nov 15Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be NT$401, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 85% in the next 2 years.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$3.72 (up from NT$3.51 in 3Q 2022). Revenue: NT$15.8b (up 6.0% from 3Q 2022). Net income: NT$1.43b (up 15% from 3Q 2022). Profit margin: 9.0% (up from 8.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 1.4%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$341, the stock trades at a trailing P/E ratio of 28.9x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 462% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$521 per share.
Upcoming Dividend • Aug 18Upcoming dividend of NT$5.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.1%).