ASROCK Incorporation Future Growth

Future criteria checks 4/6

ASROCK Incorporation is forecast to grow earnings and revenue by 24.1% and 13% per annum respectively. EPS is expected to grow by 24.2% per annum. Return on equity is forecast to be 17% in 3 years.

Key information

24.1%

Earnings growth rate

24.2%

EPS growth rate

Tech earnings growth	22.2%
Revenue growth rate	13.0%
Future return on equity	17.0%
Analyst coverage	Low
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Why Investors Shouldn't Be Surprised By ASROCK Incorporation's (TWSE:3515) 29% Share Price Surge

Mar 05

Here's How We Evaluate ASROCK Incorporation's (TPE:3515) Dividend

Apr 26

Here's Why I Think ASROCK Incorporation (TPE:3515) Might Deserve Your Attention Today

Mar 26

What Is The Ownership Structure Like For ASROCK Incorporation (TPE:3515)?

Mar 11

Will Weakness in ASRock Inc.'s (TPE:3515) Stock Prove Temporary Given Strong Fundamentals?

Feb 15

Under The Bonnet, ASRock's (TPE:3515) Returns Look Impressive

Jan 31

What Makes ASRock Inc. (TPE:3515) A Great Dividend Stock?

Jan 18

Shareholders of ASRock (TPE:3515) Must Be Delighted With Their 438% Total Return

Jan 05

Does ASRock (TPE:3515) Deserve A Spot On Your Watchlist?

Dec 23

Do Insiders Own Lots Of Shares In ASRock Inc. (TPE:3515)?

Dec 10

ASRock's (TPE:3515) Earnings Are Growing But Is There More To The Story?

Nov 26

What Can The Trends At ASRock (TPE:3515) Tell Us About Their Returns?

Jul 16

Could ASRock Inc. (TPE:3515) Have The Makings Of Another Dividend Aristocrat?

Jul 03

Earnings and Revenue Growth Forecasts

TWSE:3515 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	24,651	1,506	764	763	2
12/31/2024	22,088	1,432	1,161	1,187	3
12/31/2023	18,992	919	2,590	2,636	N/A
9/30/2023	18,283	615	3,419	3,452	N/A
6/30/2023	16,947	486	3,819	3,846	N/A
3/31/2023	16,478	577	2,272	2,353	N/A
12/31/2022	17,121	1,066	1,044	1,141	N/A
9/30/2022	17,859	1,724	-771	-663	N/A
6/30/2022	18,364	1,949	-2,143	-2,037	N/A
3/31/2022	20,125	2,496	-435	-378	N/A
12/31/2021	19,763	2,381	971	1,024	N/A
9/30/2021	18,524	2,057	691	741	N/A
6/30/2021	19,652	2,140	2,040	2,096	N/A
3/31/2021	18,991	1,676	1,188	1,242	N/A
12/31/2020	17,912	1,363	1,308	1,352	N/A
9/30/2020	17,376	1,200	1,711	1,758	N/A
6/30/2020	16,044	920	1,697	1,731	N/A
3/31/2020	14,188	687	1,453	1,481	N/A
12/31/2019	13,415	597	1,315	1,346	N/A
9/30/2019	12,302	502	1,328	1,363	N/A
6/30/2019	10,867	438	-133	-98	N/A
3/31/2019	10,380	502	-1,127	-1,093	N/A
12/31/2018	10,193	593	-1,381	-1,339	N/A
9/30/2018	9,900	613	-1,792	-1,741	N/A
6/30/2018	9,887	645	-948	-889	N/A
3/31/2018	9,890	563	-19	53	N/A
12/31/2017	9,212	469	341	405	N/A
9/30/2017	8,669	360	N/A	369	N/A
6/30/2017	8,001	243	N/A	825	N/A
3/31/2017	7,243	178	N/A	659	N/A
12/31/2016	7,121	160	N/A	541	N/A
9/30/2016	7,217	208	N/A	707	N/A
6/30/2016	7,340	212	N/A	386	N/A
3/31/2016	7,219	229	N/A	889	N/A
12/31/2015	7,217	241	N/A	1,305	N/A
9/30/2015	7,120	299	N/A	1,063	N/A
6/30/2015	7,575	386	N/A	644	N/A
3/31/2015	8,070	341	N/A	-369	N/A
12/31/2014	8,907	506	N/A	-840	N/A
9/30/2014	9,421	605	N/A	-513	N/A
6/30/2014	9,748	726	N/A	-221	N/A
3/31/2014	10,038	1,027	N/A	589	N/A
12/31/2013	10,361	1,061	N/A	1,330	N/A
9/30/2013	10,625	1,090	N/A	1,416	N/A
6/30/2013	10,961	1,085	N/A	1,638	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3515's forecast earnings growth (24.1% per year) is above the savings rate (1%).

Earnings vs Market: 3515's earnings (24.1% per year) are forecast to grow faster than the TW market (19.7% per year).

High Growth Earnings: 3515's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3515's revenue (13% per year) is forecast to grow faster than the TW market (10.5% per year).

High Growth Revenue: 3515's revenue (13% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3515's Return on Equity is forecast to be low in 3 years time (17%).

ASROCK Incorporation Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 10%

Price target increased by 12% to NT$236

Consensus EPS estimates increase by 15%

Consensus EPS estimates fall by 26%, revenue upgraded

Consensus EPS estimates increase by 16%

Price target increased by 13% to NT$138

Recent updates

ASROCK Incorporation to Report Q1, 2024 Results on May 02, 2024

Is It Too Late To Consider Buying ASROCK Incorporation (TWSE:3515)?

ASROCK Incorporation (TWSE:3515) Has Some Way To Go To Become A Multi-Bagger

Some May Be Optimistic About ASROCK Incorporation's (TWSE:3515) Earnings

Full year 2023 earnings: EPS and revenues miss analyst expectations

ASROCK Incorporation, Annual General Meeting, May 29, 2024

Why Investors Shouldn't Be Surprised By ASROCK Incorporation's (TWSE:3515) 29% Share Price Surge

Investor sentiment improves as stock rises 18%

New major risk - Share price stability

Consensus EPS estimates increase by 10%

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 12% to NT$236

Consensus EPS estimates increase by 15%

Consensus EPS estimates fall by 26%, revenue upgraded

ASROCK Incorporation Appoints Hung, Pei-Ya as Financial Officer

Second quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improves as stock rises 16%

ASROCK Incorporation Announces Cash Dividend

Consensus EPS estimates increase by 16%

Upcoming dividend of NT$8.00 per share at 3.5% yield

Price target increased by 13% to NT$138

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 10%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Now 23% undervalued

Investor sentiment improved over the past week

Price target increased to NT$99.00

Less than half of directors are independent

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to NT$88.00

Investor sentiment improved over the past week

Price target decreased to NT$147

Consensus revenue estimates fall by 14%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of NT$13.00 per share

Consensus revenue estimates fall by 10%

Price target decreased to NT$230

Less than half of directors are independent

Price target decreased to NT$262

Consensus EPS estimates increase by 14%

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

ASROCK Incorporation, Annual General Meeting, May 25, 2022

Consensus EPS estimates fall by 13%

ASROCK Incorporation Promotes Chou, Chien-Hsin Senior Vice President, R&D Department to COO

Price target increased to NT$248

Third quarter 2021 earnings released: EPS NT$3.36 (vs NT$4.04 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS NT$6.59 (vs NT$2.75 in 2Q 2020)

Consensus forecasts updated

Upcoming dividend of NT$8.00 per share

Consensus EPS estimates increase to NT$21.01

Investor sentiment improved over the past week

Price target increased to NT$228

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS NT$4.14 (vs NT$1.55 in 1Q 2020)

Here's How We Evaluate ASROCK Incorporation's (TPE:3515) Dividend

Here's Why I Think ASROCK Incorporation (TPE:3515) Might Deserve Your Attention Today

What Is The Ownership Structure Like For ASROCK Incorporation (TPE:3515)?

ASRock Inc., Annual General Meeting, May 26, 2021

Earnings beat expectations, revenue disappoints

Full year 2020 earnings released: EPS NT$11.30 (vs NT$4.95 in FY 2019)

Will Weakness in ASRock Inc.'s (TPE:3515) Stock Prove Temporary Given Strong Fundamentals?

Under The Bonnet, ASRock's (TPE:3515) Returns Look Impressive

New 90-day low: NT$152

What Makes ASRock Inc. (TPE:3515) A Great Dividend Stock?

Shareholders of ASRock (TPE:3515) Must Be Delighted With Their 438% Total Return

Price target raised to NT$216