2331 Stock Overview
Elitegroup Computer Systems Co.,Ltd., together with its subsidiaries, manufactures and supplies various computer products in Taiwan.
Elitegroup Computer SystemsLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$22.45|
|52 Week High||NT$26.25|
|52 Week Low||NT$18.30|
|1 Month Change||10.05%|
|3 Month Change||13.67%|
|1 Year Change||14.25%|
|3 Year Change||80.32%|
|5 Year Change||16.93%|
|Change since IPO||-38.02%|
Recent News & Updates
|2331||TW Tech||TW Market|
Return vs Industry: 2331 exceeded the TW Tech industry which returned -1% over the past year.
Return vs Market: 2331 exceeded the TW Market which returned -9.8% over the past year.
|2331 Average Weekly Movement||5.0%|
|Tech Industry Average Movement||5.0%|
|Market Average Movement||5.0%|
|10% most volatile stocks in TW Market||8.4%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 2331 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2331's weekly volatility (5%) has been stable over the past year.
About the Company
Elitegroup Computer Systems Co.,Ltd., together with its subsidiaries, manufactures and supplies various computer products in Taiwan. It offers motherboards, such as Intel and AMD platform motherboards, and SoC solutions; commercial and education laptop and chromebook; all in one and small form factor systems; LIVA mini-PCs; IPC motherboards and systems; and wireless access points. The company also provides IoT products, including EV chargers.
Elitegroup Computer SystemsLtd Fundamentals Summary
|2331 fundamental statistics|
Is 2331 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2331 income statement (TTM)|
|Cost of Revenue||NT$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.84|
|Net Profit Margin||1.43%|
How did 2331 perform over the long term?See historical performance and comparison
Is 2331 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2331?
Other financial metrics that can be useful for relative valuation.
|What is 2331's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2331's PE Ratio compare to its peers?
|2331 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6166 ADLINK Technology
6579 AAEON Technology
3022 IEI Integration
6277 Aten International
2331 Elitegroup Computer SystemsLtd
Price-To-Earnings vs Peers: 2331 is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (16.2x).
Price to Earnings Ratio vs Industry
How does 2331's PE Ratio compare vs other companies in the TW Tech Industry?
Price-To-Earnings vs Industry: 2331 is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the TW Tech industry average (12.5x)
Price to Earnings Ratio vs Fair Ratio
What is 2331's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||26.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2331's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 2331 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate 2331's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate 2331's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Elitegroup Computer SystemsLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Tech 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 Elitegroup Computer SystemsLtd 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.
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- Check out Elitegroup Computer SystemsLtd's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
How has Elitegroup Computer SystemsLtd performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2331 has a large one-off gain of NT$264.1M impacting its June 30 2022 financial results.
Growing Profit Margin: 2331's current net profit margins (1.4%) are higher than last year (0.1%).
Past Earnings Growth Analysis
Earnings Trend: 2331 has become profitable over the past 5 years, growing earnings by -25.6% per year.
Accelerating Growth: 2331's earnings growth over the past year (1359.8%) exceeds its 5-year average (-25.6% per year).
Earnings vs Industry: 2331 earnings growth over the past year (1359.8%) exceeded the Tech industry 23.8%.
Return on Equity
High ROE: 2331's Return on Equity (4.6%) is considered low.
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How is Elitegroup Computer SystemsLtd's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2331's short term assets (NT$17.6B) exceed its short term liabilities (NT$12.1B).
Long Term Liabilities: 2331's short term assets (NT$17.6B) exceed its long term liabilities (NT$606.1M).
Debt to Equity History and Analysis
Debt Level: 2331 has more cash than its total debt.
Reducing Debt: 2331's debt to equity ratio has reduced from 13.8% to 8.2% over the past 5 years.
Debt Coverage: 2331's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: Insufficient data to determine if 2331's interest payments on its debt are well covered by EBIT.
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What is Elitegroup Computer SystemsLtd current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2331's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2331's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2331's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2331's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 2331 is not paying a notable dividend for the TW market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 2331 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Chin-Lai Wang serves as Vice Chairman at Elitegroup Computer Systems Co.,Ltd and serves as its Director since June 24, 2006. Mr. Wang serves as President at Elitegroup Computer Systems Co.,Ltd. since N...
Experienced Management: 2331's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: 2331's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Elitegroup Computer Systems Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: Elitegroup Computer Systems Co.,Ltd.
- Ticker: 2331
- Exchange: TWSE
- Founded: 1987
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: NT$12.514b
- Shares outstanding: 557.40m
- Website: https://www.ecs.com.tw
- Elitegroup Computer Systems Co.,Ltd.
- No. 239, Ti Ding Boulevard
- Section 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/15 00:00|
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.