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6579

AAEON Technology TWSE:6579 Stock Report

Last Price

NT$89.10

Market Cap

NT$13.3b

7D

-1.2%

1Y

45.4%

Updated

16 Aug, 2022

Data

Company Financials
6579 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

6579 Stock Overview

AAEON Technology Inc. designs, manufactures, and sells industrial computers and peripherals.

AAEON Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AAEON Technology
Historical stock prices
Current Share PriceNT$89.10
52 Week HighNT$95.50
52 Week LowNT$58.60
Beta0.35
1 Month Change14.23%
3 Month Change10.55%
1 Year Change45.35%
3 Year Change20.24%
5 Year Change-18.26%
Change since IPO-28.72%

Recent News & Updates

Shareholder Returns

6579TW TechTW Market
7D-1.2%0.04%2.7%
1Y45.4%-0.2%-8.2%

Return vs Industry: 6579 exceeded the TW Tech industry which returned -0.2% over the past year.

Return vs Market: 6579 exceeded the TW Market which returned -8.2% over the past year.

Price Volatility

Is 6579's price volatile compared to industry and market?
6579 volatility
6579 Average Weekly Movement5.2%
Tech Industry Average Movement5.0%
Market Average Movement5.0%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 6579 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 6579's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aHoward Linhttps://www.aaeon.com

AAEON Technology Inc. designs, manufactures, and sells industrial computers and peripherals. The company offers embedded boards, such as embedded single board computers, computer-on-modules, industrial motherboards, smart display modules, and PICMG and RISC single board computers; and computing systems, including panel and fanless embedded box PCs, machine vision and digital signage systems, multi-PoE and fanless appliances, turn-key chassis solutions, and industrial chassis. It also provides rugged tablet computers and accessories; UP boards and systems; artificial intelligence (AI) Edge solutions and modules; and network appliances comprising desktop and rackmount network appliances, industrial cyber security appliances, networking motherboards, and network interface modules.

AAEON Technology Fundamentals Summary

How do AAEON Technology's earnings and revenue compare to its market cap?
6579 fundamental statistics
Market CapNT$13.25b
Earnings (TTM)NT$816.75m
Revenue (TTM)NT$7.71b

16.2x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6579 income statement (TTM)
RevenueNT$7.71b
Cost of RevenueNT$5.30b
Gross ProfitNT$2.41b
Other ExpensesNT$1.60b
EarningsNT$816.75m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.49
Gross Margin31.29%
Net Profit Margin10.59%
Debt/Equity Ratio1.9%

How did 6579 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

41%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 6579 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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6579?

Other financial metrics that can be useful for relative valuation.

6579 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/Revenue1.5x
Enterprise Value/EBITDA11x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6579's PE Ratio compare to its peers?

6579 PE Ratio vs Peers
The above table shows the PE ratio for 6579 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.3x
2331 Elitegroup Computer SystemsLtd
19.1xn/aNT$13.7b
6166 ADLINK Technology
23.6x-33.7%NT$12.7b
3022 IEI Integration
11.5xn/aNT$11.1b
6188 Quanta Storage
10.8xn/aNT$11.5b
6579 AAEON Technology
16.2xn/aNT$13.3b

Price-To-Earnings vs Peers: 6579 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (16.3x).


Price to Earnings Ratio vs Industry

How does 6579's PE Ratio compare vs other companies in the TW Tech Industry?

Price-To-Earnings vs Industry: 6579 is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the TW Tech industry average (12.4x)


Price to Earnings Ratio vs Fair Ratio

What is 6579'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.

6579 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6579's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6579 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6579 (NT$89.1) is trading above our estimate of fair value (NT$39.89)

Significantly Below Fair Value: 6579 is trading above our estimate of fair value.


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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Future Growth

How is AAEON Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.8%

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 AAEON Technology 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.


Discover growth companies

Past Performance

How has AAEON Technology 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


-9.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6579 has high quality earnings.

Growing Profit Margin: 6579's current net profit margins (10.6%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: 6579's earnings have declined by 9% per year over the past 5 years.

Accelerating Growth: 6579's earnings growth over the past year (236.9%) exceeds its 5-year average (-9% per year).

Earnings vs Industry: 6579 earnings growth over the past year (236.9%) exceeded the Tech industry 30.3%.


Return on Equity

High ROE: 6579's Return on Equity (10.6%) is considered low.


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Financial Health

How is AAEON Technology's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6579's short term assets (NT$6.0B) exceed its short term liabilities (NT$2.2B).

Long Term Liabilities: 6579's short term assets (NT$6.0B) exceed its long term liabilities (NT$369.1M).


Debt to Equity History and Analysis

Debt Level: 6579 has more cash than its total debt.

Reducing Debt: 6579's debt to equity ratio has reduced from 2.4% to 1.9% over the past 5 years.

Debt Coverage: 6579's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 6579 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is AAEON Technology current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.48%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 6579's dividend (3.48%) is higher than the bottom 25% of dividend payers in the TW market (2.46%).

High Dividend: 6579's dividend (3.48%) is low compared to the top 25% of dividend payers in the TW market (6.46%).


Stability and Growth of Payments

Stable Dividend: 6579 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6579's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.5%), 6579's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 6579 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Howard Lin

no data

Tenure

Mr. Chien-Hung Lin, also known as Howard, serves as the President at Aaeon Technology Inc., since November 25, 2014 and its Manager. He serves as a Director of the Onyx Healthcare Inc. He served as a Chief...


Leadership Team

Experienced Management: 6579's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: 6579's board of directors are considered experienced (6.2 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

AAEON Technology Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: AAEON Technology Inc.
  • Ticker: 6579
  • Exchange: TWSE
  • Founded: 1992
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: NT$13.252b
  • Shares outstanding: 148.74m
  • Website: https://www.aaeon.com

Location

  • AAEON Technology Inc.
  • No. 135, Pao Chiao Road
  • 5th Floor
  • New Taipei City
  • 231
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/06/30
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.