Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total loss to shareholders of 22% over the past year. Declared Dividend • Mar 08
Dividend reduced to NT$1.70 Dividend of NT$1.70 is 0.0% lower than last year. Ex-date: 25th June 2026 Payment date: 23rd July 2026 Dividend yield will be 6.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) nor is it covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control, which is less than the 20% EPS growth achieved over the last 5 years. Reported Earnings • Mar 06
Full year 2025 earnings released: EPS: NT$1.88 (vs NT$1.88 in FY 2024) Full year 2025 results: EPS: NT$1.88 (up from NT$1.88 in FY 2024). Revenue: NT$3.27b (up 26% from FY 2024). Net income: NT$116.2m (flat on FY 2024). Profit margin: 3.6% (down from 4.5% in FY 2024). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.0% to NT$25.95. The fair value is estimated to be NT$32.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 15%. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Ming Hui Lin was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Nov 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.4% to NT$25.65. The fair value is estimated to be NT$32.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 15%. Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: NT$0.46 (vs NT$0.42 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.46 (up from NT$0.42 in 3Q 2024). Revenue: NT$847.2m (up 19% from 3Q 2024). Net income: NT$28.3m (up 7.5% from 3Q 2024). Profit margin: 3.3% (down from 3.7% in 3Q 2024). The decrease in margin was driven by higher expenses. New Risk • Aug 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Cash payout ratio: 302% High level of non-cash earnings (118% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$1.73b market cap, or US$57.4m). Upcoming Dividend • Jun 26
Upcoming dividend of NT$1.70 per share Eligible shareholders must have bought the stock before 03 July 2025. Payment date: 29 July 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%). Announcement • May 16
Acer Gadget Unveils New Ai-Powered Wearables At COMPUTEX 2025 Acer Gadget, a subsidiary of Acer Inc., unveiled two of its latest innovations at COMPUTEX 2025 -- Acer FreeSense Ring and Acer AI TransBuds. These new products reflect the company's growing expansion into AI-powered wearables and real-time communication tools. Acer Gadget will also display its latest e-mobility solutions -- including e-scooters, e-bikes, and accessories -- highlighting a broad innovation strategy that spans wellness, connectivity, and mobility. The Acer FreeSense Ring: Sleek Form and AI- Enhanced Wellness Insights On-the-Go: The Acer FreeSense Ring blends a sophisticated design with advanced biometric sensing to support everyday health monitoring. Crafted from ultra-lightweight titanium alloy, the ring tracks vital physiological metrics such as heart rate, heart rate variability, blood oxygen levels, and sleep quality. The data points are analyzed through a companion mobile app, which generates personalized wellness insights and provides suggestions. With features such as sleep stage analysis and continuous tracking, the Acer FreeSense Ring helps encourage proactive health management and lifestyle awareness. Users also have full access to all health data without additional subscription fees, making the FreeSense ring a practical and reliable daily wellness companion. The Acer AI TransBuds are lightweight and compact earbuds designed to simplify multilingual communication. Notably, only one person needs to wear the earbuds to carry out effective translation, making it ideal forcasual conversations, business meetings, livestreams, or online study sessions. The earbuds also support livecaing and transcription, helping users follow conversations in real time and review them later on. The system currently supports 15 major languages spoken across Asia, the Americas, and Europe.cer eMobility: Expanding Smart Urban and Outdoor Mobility:cer Gadget is also showcasing its latest e-scooters and e-bikes, designed for both urban commuting and outdoor recreation. These include the Acer eScooter Series 4 Select, Series 5 Select, Predator ES Storm, and Predator ES Thunder, each equipped with 400 W to 500 W motors, adaptive brake and suspension systems. Riders can seamlessly monitor performance and manage security settings via the Acer eMobility App. Also on display is the Predator eRanger, a fat-tire e-bike first introduced at the Taipei Cycle Show 2025 earlier this year, demonstrating Acer Gadget's commitment to developing more smart and versatile mobility solutions. To explore Acer Gadget's product lineup, visit the Acer showcase at Booth M0104, 4F, Hall 1 at the Nangang Exhibition Center during COMPUTEX 2025. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.23 in 1Q 2024) First quarter 2025 results: EPS: NT$0.24 (up from NT$0.23 in 1Q 2024). Revenue: NT$755.9m (up 32% from 1Q 2024). Net income: NT$15.0m (up 3.3% from 1Q 2024). Profit margin: 2.0% (down from 2.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Announcement • Apr 29
Acer Gadget Inc. to Report Q1, 2025 Results on May 06, 2025 Acer Gadget Inc. announced that they will report Q1, 2025 results on May 06, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$28.65, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total loss to shareholders of 25% over the past year. Announcement • Mar 26
Acer Gadget Unveils Smart E-Mobility Innovations At Taipei Cycle 2025 Acer Gadget, a subsidiary of Acer Inc., unveiled its latest e-bikes and e-scooters at the Taipei Cycle 2025 tradeshow, integrating data-driven smart riding technology through enhanced hardware-software synergy and several upgrades to its e-mobility systems. The new products bring unique and intuitive mobility experiences and expand the company's footprint in the e-bike and e-scooter market. Acer Gadget adds to the ebii e-bike series with the launch of ebii-M, showcasing its signature minimalist, white-finish frame design. The new ebii-M is equipped with a Bosch Performance Line SX lightweight and efficient e-bike system, four riding modes, and a maximum range of 86 km delivering up to 250 W of power output. Featuring a Bosch Purion 200 OLED display, the ebii-M shows essential information for daily commutes and extended rides. Weighing just 19 kg, it incorporates modular front and rear racks, offering added convenience and functionality for inner-city riders. Additionally, ebii-M is compatible with the Apple Find My network, enhancing security and enabling users to locate their bicycles via the Apple Find My app. Building on the success of the original ebii, which has received accolades including the 2023 TIME Magazine's Best Inventions, the 2024 iF Design Awards, and the Good Design Award 2023, the ebii-M further enhances riding experience and practicality while maintaining its minimalist design philosophy. Fat-Tire E-Bike Innovation: The Multi-Purpose Predator eRanger: The all-new Predator eRanger e-bike is built for urban exploration and versatile riding, featuring a retro motorcycle-style frame combined with three power-assist modes and a Shimano 7-speed gear system for enhanced power and control, and allows for less work when pedaling. The eRanger also boasts a dual suspension system with external compression adjustments that can adapt to various terrains for improved comfort and stability even on rough trails. As the multi-purpose fat-tire e-bike market continues to grow, Predator eNomad-R has gained strong market recognition with its square-tube frame, dual front suspension, and expandable cargo racks. It also offers a 60 km battery range for worry-free riding. The Predator Storm is now available, starting at USD 699, while the Predator Thunder will be available in EMEA in September, starting at EUR 799. The Acer eMobility App: For Smarter and Safer Rides: The Acer eMobility App brings more to the table with greater vehicle compatibility and convenience-focused developments, allowing commuters to monitor their vehicle status, adjust riding preferences, and leverage remote management features for improved safety and convenience. Currently, Predator e-scooters and more e-bike models support the Acer eMobility App, bringing a more personalized mobility experience to riders. To learn more about Acer Gadget's e-mobility solutions, visit the main showcase at Booth R0508 and the test ride area at Booth S1103 in Nangang Exhibition Center, Hall 2, 4F during Taipei Cycle 2025. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: NT$1.88 (vs NT$1.98 in FY 2023) Full year 2024 results: EPS: NT$1.88 (down from NT$1.98 in FY 2023). Revenue: NT$2.61b (up 25% from FY 2023). Net income: NT$116.0m (down 4.3% from FY 2023). Profit margin: 4.5% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Mar 04
Acer Gadget Inc. to Report Fiscal Year 2024 Results on Mar 11, 2025 Acer Gadget Inc. announced that they will report fiscal year 2024 results on Mar 11, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (NT$2.09b market cap, or US$63.2m). Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$36.00, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total loss to shareholders of 5.2% over the past year. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.41 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.43 (up from NT$0.41 in 3Q 2023). Revenue: NT$709.7m (up 24% from 3Q 2023). Net income: NT$26.3m (up 4.0% from 3Q 2023). Profit margin: 3.7% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Oct 29
Acer Gadget Inc. to Report Q3, 2024 Results on Nov 05, 2024 Acer Gadget Inc. announced that they will report Q3, 2024 results on Nov 05, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: NT$0.50 (vs NT$0.43 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.50 (up from NT$0.43 in 2Q 2023). Revenue: NT$596.5m (up 19% from 2Q 2023). Net income: NT$30.7m (up 17% from 2Q 2023). Profit margin: 5.1% (down from 5.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Announcement • Jul 30
Acer Gadget Inc. to Report Q2, 2024 Results on Aug 06, 2024 Acer Gadget Inc. announced that they will report Q2, 2024 results on Aug 06, 2024 Announcement • May 02
Acer Gadget Inc. to Report Q1, 2024 Results on May 07, 2024 Acer Gadget Inc. announced that they will report Q1, 2024 results on May 07, 2024 Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: NT$1.98 (vs NT$3.00 in FY 2022) Full year 2023 results: EPS: NT$1.98 (down from NT$3.00 in FY 2022). Revenue: NT$2.09b (up 26% from FY 2022). Net income: NT$121.3m (down 9.1% from FY 2022). Profit margin: 5.8% (down from 8.0% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Mar 16
Acer Gadget Inc., Annual General Meeting, May 29, 2024 Acer Gadget Inc., Annual General Meeting, May 29, 2024. Announcement • Mar 14
Acer Gadget Inc. Proposes Dividend for the Year Ended December 31, 2023, Payable on July 23, 2024 Acer Gadget Inc. proposed a dividend of TWD 1.65 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders: TWD 102,069,000. The ex-rights (ex-dividend) trading date is on June 18, 2024 and ex-rights (ex-dividend) record date is on June 24, 2024. Payment date of common stock cash dividend distribution is on July 23, 2024. Announcement • Mar 08
Acer Gadget Expands E-Bikes Portfolio, Emphasizing E-Mobility for Smart and Sustainable Lifestyles Acer Gadget showcased its latest advancements in e-bikes and e-Scooters, underscoring its dedication to sustainable development and user-centric design. Leading the innovations is the Predator eNomad-R e-bike, a testament to urban off-road versatility with its sturdy aluminum alloy frame, dual front suspension for enhanced comfort on uneven terrain, and 20’x4’ wide tires. It's equipped with a SHIMANO CUES 9-speed transmission and a potent 750W motor, ensuring adeptness across diverse terrains. Acer eCargo-R E-bikes Meet Diverse Urban Mobility Needs: Designed for diverse urban lifestyles, the Acer eCargo-R e-bike seamlessly combines commuting, parenting, and delivery needs. It provides a maximum load capacity of 190 kilograms and a low center of gravity for better handling. In addition, front and rear shelves accommodate additional bags, while the long rear shelf can also carry items like a child seat or surfboard, ensuring convenience and comfort in daily scenarios. Acer ES Series & Predator ES Series E-scooter Latest Lineup: Acer Gadget's e-Scooter lineup meets growing global demand with tailored options. The Acer ES Series 7 suits those needing long-distance endurance, while the Predator ES Series 7 is perfect for outdoor enthusiasts seeking robust performance for challenging terrains. The lightweight Acer ES Series 1 is ideal for easy commuting. Additionally, the Predator Extreme offers off-road adventure capabilities, expanding the range to ensure a fitting ride for every user preference. Acer Revivify Series: Stylish, Sustainable Cycling Accessories: Acer Gadget also launched the Acer Revivify Series line of eco-friendly cycling bags made with recycled materials. Crafted from a diverse array of reclaimed materials such as inner tube and PET bottle yarn, the series not only highlights durability and water-repellent but also features a rugged aesthetic with unique textures in every piece, showcasing a perfect fusion of fashion and functionality. NOZA V and ROUVY AR: Revolutionizing Indoor Training for Cyclists: Additionally, Acer Gadget's sports and cycling brand, Xplova, officially collaborated with ROUVY to provide an immersive virtual reality cycling experiences, enhancing rides with the NOZA V smart trainer for real-world simulations and performance tracking. ebii E-bike: A Global Phenomenon in Sustainable Mobility: The multiple award-winning AI-driven ebii e-bike, which debuted in 2023, continues to draw acclaim, featuring in TIME Magazine as one of the best inventions of 2023 and honored with the Good Design Award and the Taiwan Excellence Award. Its ebiiGO app received recognition from the Red Dot Design Award and the Taipei Cycle d&i Awards. New Risk • Dec 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 5.6% 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 Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (NT$2.53b market cap, or US$80.5m). Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$48.25, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 21x in the Tech industry in Taiwan. Buying Opportunity • Nov 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be NT$51.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Meanwhile, the company has become profitable. Buying Opportunity • Oct 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be NT$51.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Meanwhile, the company has become profitable. New Risk • Sep 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (NT$2.26b market cap, or US$70.7m). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$52.00, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 21x in the Specialty Retail industry in Taiwan.