Executive Summary
ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products (3C) in Taiwan, China, Singapore, the United States, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and undervalued.
Similar Companies
Share Price & News
How has ASUSTeK Computer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2357 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2357's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0%
2357
0.4%
TW Tech
1.9%
TW Market
1 Year Return
88.1%
2357
46.3%
TW Tech
66.4%
TW Market
Return vs Industry: 2357 exceeded the TW Tech industry which returned 46.3% over the past year.
Return vs Market: 2357 exceeded the TW Market which returned 66.6% over the past year.
Shareholder returns
| 2357 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.4% | 1.9% |
| 30 Day | 14.8% | 7.9% | 4.8% |
| 90 Day | 31.0% | 15.2% | 9.9% |
| 1 Year | 99.4%88.1% | 52.9%46.3% | 72.2%66.4% |
| 3 Year | 58.3%32.0% | 51.5%31.0% | 71.1%51.6% |
| 5 Year | 76.1%30.6% | 80.1%42.0% | 132.3%91.0% |
Long-Term Price Volatility Vs. Market
How volatile is ASUSTeK Computer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
ASUSTeK Computer (TPE:2357) Has More To Do To Multiply In Value Going Forward2 weeks ago | Simply Wall St
Did You Miss ASUSTeK Computer's (TPE:2357) 96% Share Price Gain?2 weeks ago | Simply Wall St
ASUSTeK Computer's (TPE:2357) Solid Profits Have Weak FundamentalsValuation
Is ASUSTeK Computer undervalued compared to its fair value and its price relative to the market?
22.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2357 (NT$371.5) is trading below our estimate of fair value (NT$477.35)
Significantly Below Fair Value: 2357 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2357 is good value based on its PE Ratio (11.5x) compared to the TW Tech industry average (17.6x).
PE vs Market: 2357 is good value based on its PE Ratio (11.5x) compared to the TW market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: 2357 is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: 2357 is good value based on its PB Ratio (1.4x) compared to the TW Tech industry average (1.9x).
Future Growth
How is ASUSTeK Computer forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
2.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2357's forecast earnings growth (2.4% per year) is above the savings rate (0.8%).
Earnings vs Market: 2357's earnings (2.4% per year) are forecast to grow slower than the TW market (16.3% per year).
High Growth Earnings: 2357's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2357's revenue (5.2% per year) is forecast to grow slower than the TW market (10.7% per year).
High Growth Revenue: 2357's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2357's Return on Equity is forecast to be low in 3 years time (12.7%).
Past Performance
How has ASUSTeK Computer performed over the past 5 years?
-1.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2357 has a high level of non-cash earnings.
Growing Profit Margin: 2357's current net profit margins (5.8%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 2357's earnings have declined by 1.5% per year over the past 5 years.
Accelerating Growth: 2357's earnings growth over the past year (67.5%) exceeds its 5-year average (-1.5% per year).
Earnings vs Industry: 2357 earnings growth over the past year (67.5%) exceeded the Tech industry 15.8%.
Return on Equity
High ROE: 2357's Return on Equity (12%) is considered low.
Financial Health
How is ASUSTeK Computer's financial position?
Financial Position Analysis
Short Term Liabilities: 2357's short term assets (NT$260.6B) exceed its short term liabilities (NT$166.2B).
Long Term Liabilities: 2357's short term assets (NT$260.6B) exceed its long term liabilities (NT$15.7B).
Debt to Equity History and Analysis
Debt Level: 2357's debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 2357's debt to equity ratio has increased from 2.3% to 2.7% over the past 5 years.
Debt Coverage: 2357's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2357 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ASUSTeK Computer current dividend yield, its reliability and sustainability?
7.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2357's dividend (7%) is higher than the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 2357's dividend (7%) is in the top 25% of dividend payers in the TW market (4.82%)
Stability and Growth of Payments
Stable Dividend: 2357's dividends per share have been stable in the past 10 years.
Growing Dividend: 2357's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.6%), 2357's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2357's dividends in 3 years are forecast to be covered by earnings (70% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Samson Hu
2.25yrs
Tenure
Mr. Samson Hu has been Co-Chief Executive Officer of ASUSTeK Computer Inc. since January 1, 2019 and also serves as its General Manager. He served as Corporate Vice President of ASUSTeK Computer, Inc. sinc...
Leadership Team
Experienced Management: 2357's management team is considered experienced (3.6 years average tenure).
Board Members
Experienced Board: 2357's board of directors are considered experienced (8.8 years average tenure).
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
ASUSTeK Computer Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ASUSTeK Computer Inc.
- Ticker: 2357
- Exchange: TSEC
- Founded: 1989
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: NT$275.935b
- Shares outstanding: 742.76m
- Website: https://www.asus.com
Location
- ASUSTeK Computer Inc.
- No.15, Li-Te Road
- 1st Floor
- Taipei
- 112
- Taiwan
Listings
Biography
ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products (3C) in Taiwan, China, Singapore, the United States, Eur...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 08:31 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.