company background image
2395

Advantech TWSE:2395 Stock Report

Last Price

NT$346.50

Market Cap

NT$268.8b

7D

0.1%

1Y

5.6%

Updated

01 Jul, 2022

Data

Company Financials +
2395 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends3/6

2395 Stock Overview

Advantech Co., Ltd. manufactures and sells embedded computing modules, industrial automation products, and applied and industrial computers in Taiwan, rest of Asia, the United States, Europe, and internationally.

Advantech Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Advantech
Historical stock prices
Current Share PriceNT$346.50
52 Week HighNT$409.50
52 Week LowNT$325.00
Beta0.69
1 Month Change-3.21%
3 Month Change-7.48%
1 Year Change5.64%
3 Year Change46.58%
5 Year Change80.19%
Change since IPO293.01%

Recent News & Updates

Shareholder Returns

2395TW TechTW Market
7D0.1%-3.0%-2.3%
1Y5.6%-10.7%-16.0%

Return vs Industry: 2395 exceeded the TW Tech industry which returned -10.7% over the past year.

Return vs Market: 2395 exceeded the TW Market which returned -16% over the past year.

Price Volatility

Is 2395's price volatile compared to industry and market?
2395 volatility
2395 Average Weekly Movement4.7%
Tech Industry Average Movement4.3%
Market Average Movement4.8%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.3%

Stable Share Price: 2395 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2395's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/aKe Cheng Liuhttps://www.advantech.com

Advantech Co., Ltd. manufactures and sells embedded computing modules, industrial automation products, and applied and industrial computers in Taiwan, rest of Asia, the United States, Europe, and internationally. The company operates through Industrial Internet of Thing Services; Embedded Board and Design-in Services; Allied Design and Manufacturing Services; Intelligent Services; and Advantech Service Plus segments. It offers computer on modules, digital signage players, edge AI and Internet of Things solutions, embedded PCs and single board computers, embedded software, fanless embedded computers, gaming platform solutions, industrial display systems, industrial flash and memory solutions, industrial motherboards and wireless solutions, and RISC computing platforms.

Advantech Fundamentals Summary

How do Advantech's earnings and revenue compare to its market cap?
2395 fundamental statistics
Market CapNT$268.83b
Earnings (TTM)NT$8.91b
Revenue (TTM)NT$61.58b

30.2x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2395 income statement (TTM)
RevenueNT$61.58b
Cost of RevenueNT$38.50b
Gross ProfitNT$23.08b
Other ExpensesNT$14.17b
EarningsNT$8.91b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)11.48
Gross Margin37.48%
Net Profit Margin14.47%
Debt/Equity Ratio1.3%

How did 2395 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

69%

Payout Ratio

Does 2395 pay a reliable dividends?

See 2395 dividend history and benchmarks
When do you need to buy 2395 by to receive an upcoming dividend?
Advantech dividend dates
Ex Dividend DateJul 07 2022
Dividend Pay DateAug 08 2022
Days until Ex dividend5 days
Days until Dividend pay date37 days

Does 2395 pay a reliable dividends?

See 2395 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 2395 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2395?

Other financial metrics that can be useful for relative valuation.

2395 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.2x
Enterprise Value/EBITDA22.7x
PEG Ratio2.4x

Price to Earnings Ratio vs Peers

How does 2395's PE Ratio compare to its peers?

2395 PE Ratio vs Peers
The above table shows the PE ratio for 2395 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.9x
2382 Quanta Computer
9.2x7.2%NT$305.7b
2357 ASUSTeK Computer
5.1x-9.0%NT$229.9b
4938 Pegatron
8.7x10.4%NT$152.4b
6669 Wiwynn
12.5x16.9%NT$115.9b
2395 Advantech
30.2x12.7%NT$268.8b

Price-To-Earnings vs Peers: 2395 is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the peer average (8.9x).


Price to Earnings Ratio vs Industry

How does 2395's PE Ratio compare vs other companies in the TW Tech Industry?

Price-To-Earnings vs Industry: 2395 is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the TW Tech industry average (12.6x)


Price to Earnings Ratio vs Fair Ratio

What is 2395'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.

2395 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.2x
Fair PE Ratio15.9x

Price-To-Earnings vs Fair Ratio: 2395 is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.9x).


Share Price vs Fair Value

What is the Fair Price of 2395 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2395 (NT$346.5) is trading below our estimate of fair value (NT$397.69)

Significantly Below Fair Value: 2395 is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: 2395 is poor value based on its PEG Ratio (2.4x)


Discover undervalued companies

Future Growth

How is Advantech forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2395's forecast earnings growth (12.7% per year) is above the savings rate (0.7%).

Earnings vs Market: 2395's earnings (12.7% per year) are forecast to grow faster than the TW market (7% per year).

High Growth Earnings: 2395's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2395's revenue (11.5% per year) is forecast to grow faster than the TW market (7.6% per year).

High Growth Revenue: 2395's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2395's Return on Equity is forecast to be high in 3 years time (28.5%)


Discover growth companies

Past Performance

How has Advantech performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2395 has high quality earnings.

Growing Profit Margin: 2395's current net profit margins (14.5%) are lower than last year (14.8%).


Past Earnings Growth Analysis

Earnings Trend: 2395's earnings have grown by 7.7% per year over the past 5 years.

Accelerating Growth: 2395's earnings growth over the past year (13.3%) exceeds its 5-year average (7.7% per year).

Earnings vs Industry: 2395 earnings growth over the past year (13.3%) underperformed the Tech industry 20.3%.


Return on Equity

High ROE: 2395's Return on Equity (25%) is considered high.


Discover strong past performing companies

Financial Health

How is Advantech's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2395's short term assets (NT$39.3B) exceed its short term liabilities (NT$22.3B).

Long Term Liabilities: 2395's short term assets (NT$39.3B) exceed its long term liabilities (NT$3.2B).


Debt to Equity History and Analysis

Debt Level: 2395 has more cash than its total debt.

Reducing Debt: 2395's debt to equity ratio has reduced from 2.3% to 1.3% over the past 5 years.

Debt Coverage: 2395's debt is well covered by operating cash flow (1502.5%).

Interest Coverage: 2395 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Advantech current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.31%

Current Dividend Yield

Upcoming Dividend Payment

TodayJul 02 2022Ex Dividend DateJul 07 2022Dividend Pay DateAug 08 202232 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 2395's dividend (2.31%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.64%).

High Dividend: 2395's dividend (2.31%) is low compared to the top 25% of dividend payers in the TW market (6.47%).


Stability and Growth of Payments

Stable Dividend: 2395's dividends per share have been stable in the past 10 years.

Growing Dividend: 2395's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (69.5%), 2395's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (108.3%), 2395's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.8yrs

Average management tenure


CEO

Ke Cheng Liu (68 yo)

39.42yrs

Tenure

Mr. Ke Cheng Liu founded Advantech Co., Ltd. in 1983 and serves as its Chairman of the Board. He has been Director at Advantech Co., Ltd since November 11, 1985.He serves as the Chief Executive Officer at...


Leadership Team

Experienced Management: 2395's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 2395's board of directors are considered experienced (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

Advantech Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Advantech Co., Ltd.
  • Ticker: 2395
  • Exchange: TWSE
  • Founded: 1981
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: NT$268.828b
  • Shares outstanding: 775.84m
  • Website: https://www.advantech.com

Number of Employees


Location

  • Advantech Co., Ltd.
  • No. 1, Alley 20
  • Lane 26
  • Taipei
  • 114519
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.