GTSM:6690

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Acer Cyber Security

Executive Summary

Acer Cyber Security Inc. provides security management and monitoring, security auditing, and information sharing and OT security management services. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Acer Cyber Security's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6690 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 6690's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-6.1%

6690

-0.04%

TW IT

0.8%

TW Market


1 Year Return

28.2%

6690

15.2%

TW IT

28.4%

TW Market

Return vs Industry: 6690 exceeded the TW IT industry which returned 15.2% over the past year.

Return vs Market: 6690 matched the TW Market which returned 28.4% over the past year.


Shareholder returns

6690IndustryMarket
7 Day-6.1%-0.04%0.8%
30 Day-9.9%-0.1%8.8%
90 Day-15.4%4.9%21.2%
1 Year30.5%28.2%20.6%15.2%32.9%28.4%
3 Yearn/a63.4%39.7%55.1%37.7%
5 Yearn/a167.3%98.6%139.0%97.0%

Long-Term Price Volatility Vs. Market

How volatile is Acer Cyber Security's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Acer Cyber Security undervalued compared to its fair value and its price relative to the market?

29.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6690 (NT$132) is trading above our estimate of fair value (NT$40.29)

Significantly Below Fair Value: 6690 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6690 is poor value based on its PE Ratio (29.4x) compared to the TW IT industry average (14.9x).

PE vs Market: 6690 is poor value based on its PE Ratio (29.4x) compared to the TW market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6690's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6690 is overvalued based on its PB Ratio (3.7x) compared to the TW IT industry average (2.9x).


Next Steps

Future Growth

How is Acer Cyber Security forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.2%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acer Cyber Security has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Acer Cyber Security performed over the past 5 years?

0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6690 has a high level of non-cash earnings.

Growing Profit Margin: 6690's current net profit margins (9.9%) are lower than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: 6690's earnings have grown by 0.4% per year over the past 5 years.

Accelerating Growth: 6690's earnings growth over the past year (7.9%) exceeds its 5-year average (0.4% per year).

Earnings vs Industry: 6690 earnings growth over the past year (7.9%) underperformed the IT industry 30.8%.


Return on Equity

High ROE: 6690's Return on Equity (12.5%) is considered low.


Next Steps

Financial Health

How is Acer Cyber Security's financial position?


Financial Position Analysis

Short Term Liabilities: 6690's short term assets (NT$552.9M) exceed its short term liabilities (NT$216.8M).

Long Term Liabilities: 6690's short term assets (NT$552.9M) exceed its long term liabilities (NT$10.9M).


Debt to Equity History and Analysis

Debt Level: 6690 is debt free.

Reducing Debt: 6690 had no debt 5 years ago.

Debt Coverage: 6690 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6690 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Acer Cyber Security current dividend yield, its reliability and sustainability?

2.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6690's dividend (2.23%) is higher than the bottom 25% of dividend payers in the TW market (2.06%).

High Dividend: 6690's dividend (2.23%) is low compared to the top 25% of dividend payers in the TW market (5.09%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 6690 has been paying a dividend for less than 10 years.

Growing Dividend: 6690 has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.5%), 6690's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Acer Cyber Security has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Acer Cyber Security Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Acer Cyber Security Inc.
  • Ticker: 6690
  • Exchange: GTSM
  • Founded: 2000
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: NT$2.200b
  • Shares outstanding: 16.67m
  • Website: https://www.acercsi.com

Number of Employees


Location

  • Acer Cyber Security Inc.
  • No. 563, Zhongxiao East Road
  • 8th Floor
  • Taipei
  • 110
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6690GTSM (Taipei Exchange)YesCommon SharesTWTWDJul 2018

Biography

Acer Cyber Security Inc. provides security management and monitoring, security auditing, and information sharing and OT security management services. The company offers security management services, includ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 08:50
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.