Reported Earnings • May 07
First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$4.01 in 1Q 2025) First quarter 2026 results: EPS: NT$4.00. Revenue: NT$2.96b (up 17% from 1Q 2025). Net income: NT$198.8m (up 20% from 1Q 2025). Profit margin: 6.7% (up from 6.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the IT industry in Taiwan. Declared Dividend • Mar 12
Dividend increased to NT$10.50 Dividend of NT$10.50 is 11% higher than last year. Ex-date: 25th June 2026 Payment date: 23rd July 2026 Dividend yield will be 5.4%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 22% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 22% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 11
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: NT$14.36 (up from NT$13.00 in FY 2024). Revenue: NT$9.66b (up 11% from FY 2024). Net income: NT$595.1m (up 10% from FY 2024). Profit margin: 6.2% (in line with FY 2024). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Nov 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to NT$206. The fair value is estimated to be NT$258, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.8%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 26% in the next 2 years. Price Target Changed • Oct 25
Price target decreased by 8.6% to NT$281 Down from NT$308, the current price target is an average from 3 analysts. New target price is 20% above last closing price of NT$234. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of NT$14.57 for next year compared to NT$13.00 last year. Reported Earnings • Aug 07
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: NT$3.70 (up from NT$3.68 in 2Q 2024). Revenue: NT$2.58b (up 9.4% from 2Q 2024). Net income: NT$153.2m (flat on 2Q 2024). Profit margin: 5.9% (down from 6.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 26
Upcoming dividend of NT$9.50 per share Eligible shareholders must have bought the stock before 03 July 2025. Payment date: 29 July 2025. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.9%). Reported Earnings • May 08
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: NT$4.01 (up from NT$3.45 in 1Q 2024). Revenue: NT$2.53b (up 16% from 1Q 2024). Net income: NT$166.3m (up 16% from 1Q 2024). Profit margin: 6.6% (in line with 1Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Aankondiging • Apr 29
Acer E-Enabling Service Business Inc. to Report Q1, 2025 Results on May 06, 2025 Acer E-Enabling Service Business Inc. announced that they will report Q1, 2025 results on May 06, 2025 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$245, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$194, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 6.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$337 per share. Reported Earnings • Mar 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: NT$13.00 (up from NT$12.10 in FY 2023). Revenue: NT$8.69b (up 15% from FY 2023). Net income: NT$539.0m (up 7.5% from FY 2023). Profit margin: 6.2% (down from 6.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 04
Acer E-Enabling Service Business Inc. to Report Q4, 2024 Results on Mar 11, 2025 Acer E-Enabling Service Business Inc. announced that they will report Q4, 2024 results on Mar 11, 2025 New Risk • Feb 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$279, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the IT industry in Asia. Total returns to shareholders of 33% over the past three years. Reported Earnings • Nov 07
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: NT$3.38 (up from NT$3.29 in 3Q 2023). Revenue: NT$2.18b (up 22% from 3Q 2023). Net income: NT$140.1m (up 2.7% from 3Q 2023). Profit margin: 6.4% (down from 7.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 06
Acer E-Enabling Service Business Inc. Announces the Change of Corporate Governance Officer Acer E-Enabling Service Business Inc. announced the change of Corporate Governance Officer. Name, title, and resume of the previous position holder: Lydia Wu/Corporate Governance Officer: Global Chief Legal Officer & Corporate Governance Officer of ACER INC. Name, title, and resume of the new position holder: Kevin Cheng/CFO & Corporate Governance Officer of ACER E-ENABLINGSERVICE BUSINESS INC./CFO of ACER E-ENABLING SERVICE BUSINESS INC. Effective date: November 5, 2024. Aankondiging • Oct 29
Acer E-Enabling Service Business Inc. to Report Q3, 2024 Results on Nov 05, 2024 Acer E-Enabling Service Business Inc. announced that they will report Q3, 2024 results on Nov 05, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: NT$3.68 (up from NT$3.33 in 2Q 2023). Revenue: NT$2.36b (up 5.6% from 2Q 2023). Net income: NT$152.7m (up 11% from 2Q 2023). Profit margin: 6.5% (up from 6.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.8%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT 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 only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$220, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the IT industry in Asia. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$152 per share. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Aankondiging • Jul 30
Acer E-Enabling Service Business Inc. to Report Q2, 2024 Results on Aug 06, 2024 Acer E-Enabling Service Business Inc. announced that they will report Q2, 2024 results on Aug 06, 2024 Price Target Changed • Jul 28
Price target decreased by 7.3% to NT$342 Down from NT$369, the current price target is an average from 2 analysts. New target price is 22% above last closing price of NT$281. Stock is down 25% over the past year. The company is forecast to post earnings per share of NT$13.02 for next year compared to NT$12.10 last year. Upcoming Dividend • Jun 27
Upcoming dividend of NT$8.50 per share Eligible shareholders must have bought the stock before 04 July 2024. Payment date: 01 August 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%). Reported Earnings • May 18
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: NT$3.45 (up from NT$2.88 in 1Q 2023). Revenue: NT$2.17b (up 20% from 1Q 2023). Net income: NT$143.1m (up 20% from 1Q 2023). Profit margin: 6.6% (in line with 1Q 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year. Aankondiging • May 01
Acer E-Enabling Service Business Inc. to Report Q1, 2024 Results on May 07, 2024 Acer E-Enabling Service Business Inc. announced that they will report Q1, 2024 results on May 07, 2024 Reported Earnings • Mar 16
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: NT$12.10 (up from NT$11.35 in FY 2022). Revenue: NT$7.55b (up 5.0% from FY 2022). Net income: NT$501.3m (up 15% from FY 2022). Profit margin: 6.6% (up from 6.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year. Aankondiging • Mar 14
Acer E-Enabling Service Business Inc., Annual General Meeting, Jun 05, 2024 Acer E-Enabling Service Business Inc., Annual General Meeting, Jun 05, 2024. Location: 1st Floor, Meeting Room of Acer Building in Oriental Science Park 1F, 88, Sec. 1, Xintai 5th Rd.,Xizhi Dist., New Taipei City Taiwan Agenda: To consider the Business Report for 2023; to consider Audit Committee's Review Report; to consider the report on the Execution of Profit Sharing Bonus to Employees and Compensation to the Board of Directors for the year 2023; to consider ratification Proposal of Business Report and Financial Statements for the year 2023; to consider ratification Proposal of Profit Appropriation for the year 2023; and to consider other matters. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to NT$338, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$309, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 133% over the past year. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: NT$3.29 (vs NT$3.30 in 3Q 2022) Third quarter 2023 results: EPS: NT$3.29. Revenue: NT$1.79b (down 3.2% from 3Q 2022). Net income: NT$136.4m (up 4.6% from 3Q 2022). Profit margin: 7.6% (up from 7.0% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Asia. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$300, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 62% over the past year. Upcoming Dividend • Jun 29
Upcoming dividend of NT$7.50 per share at 3.2% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.8%). Buying Opportunity • Jun 12
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be NT$283, however this is not to be taken as a buy 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 34%. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$276, the stock trades at a trailing P/E ratio of 26.1x. Average forward P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 40% over the past year. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: NT$11.35 (vs NT$7.79 in FY 2021) Full year 2022 results: EPS: NT$11.35 (up from NT$7.79 in FY 2021). Revenue: NT$7.19b (up 16% from FY 2021). Net income: NT$436.8m (up 54% from FY 2021). Profit margin: 6.1% (up from 4.6% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$229, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$185, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 17x in the IT industry in Taiwan. Total loss to shareholders of 8.1% over the past year. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: NT$3.30 (vs NT$2.35 in 3Q 2021) Third quarter 2022 results: EPS: NT$3.30 (up from NT$2.35 in 3Q 2021). Revenue: NT$1.85b (up 21% from 3Q 2021). Net income: NT$130.3m (up 52% from 3Q 2021). Profit margin: 7.0% (up from 5.6% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$108, the stock trades at a trailing P/E ratio of 12x. Average forward P/E is 18x in the IT industry in Taiwan. Total loss to shareholders of 49% over the past year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$136, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 15x in the IT industry in Taiwan. Total loss to shareholders of 30% over the past year. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$160, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 18x in the IT industry in Taiwan. Total loss to shareholders of 19% over the past year. Upcoming Dividend • Jun 30
Upcoming dividend of NT$5.50 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.9%). Aankondiging • Mar 31
Acer E-Enabling Service Business Inc., Annual General Meeting, Jun 14, 2022 Acer E-Enabling Service Business Inc., Annual General Meeting, Jun 14, 2022. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 16% share price gain to NT$240, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 18x in the IT industry in Taiwan. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 21% share price gain to NT$235, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 15x in the IT industry in Taiwan. Reported Earnings • Aug 02
First half 2021 earnings released: EPS NT$3.08 (vs NT$2.30 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$3.15b (up 24% from 1H 2020). Net income: NT$112.2m (up 34% from 1H 2020). Profit margin: 3.6% (up from 3.3% in 1H 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 17% share price gain to NT$180, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 13x in the IT industry in Taiwan. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 16% share price gain to NT$175, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 15x in the IT industry in Taiwan. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS NT$5.74 (vs NT$3.19 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.42b (up 14% from FY 2019). Net income: NT$209.2m (up 96% from FY 2019). Profit margin: 3.9% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 15% share price gain to NT$172, the stock is trading at a trailing P/E ratio of 41.8x, up from the previous P/E ratio of 36.3x. This compares to an average P/E of 15x in the IT industry in Taiwan. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 16% share price gain to NT$156, the stock is trading at a trailing P/E ratio of 38x, up from the previous P/E ratio of 32.9x. This compares to an average P/E of 15x in the IT industry in Taiwan.