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ASUSTeK Computer

OTCPK:ASUU.Y
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ASUU.Y
OTCPK
NT$168B
Market Cap
  1. Home
  2. US
  3. Tech
Company description

ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products. The last earnings update was 128 days ago. More info.


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ASUU.Y Share Price and Events
7 Day Returns
0%
OTCPK:ASUU.Y
2.9%
US Tech
1.2%
US Market
1 Year Returns
-23.3%
OTCPK:ASUU.Y
3.1%
US Tech
3%
US Market
ASUU.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ASUSTeK Computer (ASUU.Y) 0% 0% - -23.3% -31.3% -5.7%
US Tech 2.9% 8.7% 16.8% 3.1% 64.8% 107.3%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • ASUU.Y underperformed the Tech industry which returned 3.1% over the past year.
  • ASUU.Y underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
ASUU.Y
Industry
5yr Volatility vs Market
Related Companies

Value

 Is ASUSTeK Computer undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ASUSTeK Computer to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ASUSTeK Computer.

OTCPK:ASUU.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:ASUU.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.027 (1 + (1- 20%) (4.24%))
1.041
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.041 * 5.96%)
8.93%

Discounted Cash Flow Calculation for OTCPK:ASUU.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ASUSTeK Computer is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:ASUU.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TWD, Millions) Source Present Value
Discounted (@ 8.93%)
2019 14,814.94 Analyst x7 13,599.81
2020 12,549.75 Analyst x7 10,575.51
2021 11,580.50 Analyst x2 8,958.33
2022 11,023.69 Est @ -4.81% 7,828.16
2023 10,742.95 Est @ -2.55% 7,003.08
2024 10,639.42 Est @ -0.96% 6,366.74
2025 10,654.78 Est @ 0.14% 5,852.98
2026 10,752.82 Est @ 0.92% 5,422.35
2027 10,910.14 Est @ 1.46% 5,050.43
2028 11,111.23 Est @ 1.84% 4,721.65
Present value of next 10 years cash flows NT$75,379.04
OTCPK:ASUU.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= NT$11,111.23 × (1 + 2.73%) ÷ (8.93% – 2.73%)
NT$183,962.01
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NT$183,962.01 ÷ (1 + 8.93%)10
NT$78,173.55
OTCPK:ASUU.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NT$75,379.04 + NT$78,173.55
NT$153,552.59
Equity Value per Share
(TWD)
= Total value / Shares Outstanding
= NT$153,552.59 / 742.76
NT$206.73
OTCPK:ASUU.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:ASUU.Y represents 0.14602x of TSEC:2357
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.14602x
Value per Share
(Listing Adjusted, USD)
= Value per Share (TWD) x Listing Adjustment Factor
= NT$ 206.73 x 0.14602
$30.19
Value per share (USD) From above. $30.19
Current discount Discount to share price of $33.00
= -1 x ($33.00 - $30.19) / $30.19
-9.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of ASUSTeK Computer is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ASUSTeK Computer's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ASUSTeK Computer's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ASUU.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in TWD NT$14.94
TSEC:2357 Share Price ** TSEC (2019-01-07) in TWD NT$226
United States of America Tech Industry PE Ratio Median Figure of 15 Publicly-Listed Tech Companies 16.8x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ASUSTeK Computer.

OTCPK:ASUU.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSEC:2357 Share Price ÷ EPS (both in TWD)

= 226 ÷ 14.94

15.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ASUSTeK Computer is good value based on earnings compared to the US Tech industry average.
  • ASUSTeK Computer is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does ASUSTeK Computer's expected growth come at a high price?
Raw Data
OTCPK:ASUU.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
21.9%per year
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 1.09x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:ASUU.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.12x ÷ 21.9%

0.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ASUSTeK Computer is good value based on expected growth next year.
Price based on value of assets
What value do investors place on ASUSTeK Computer's assets?
Raw Data
OTCPK:ASUU.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in TWD NT$228.15
TSEC:2357 Share Price * TSEC (2019-01-07) in TWD NT$226
United States of America Tech Industry PB Ratio Median Figure of 37 Publicly-Listed Tech Companies 1.87x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:ASUU.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSEC:2357 Share Price ÷ Book Value per Share (both in TWD)

= 226 ÷ 228.15

0.99x

* Primary Listing of ASUSTeK Computer.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ASUSTeK Computer is good value based on assets compared to the US Tech industry average.
X
Value checks
We assess ASUSTeK Computer's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. ASUSTeK Computer has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ASUSTeK Computer expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ASUSTeK Computer expected to grow at an attractive rate?
  • ASUSTeK Computer's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • ASUSTeK Computer's earnings growth is expected to exceed the United States of America market average.
  • ASUSTeK Computer's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:ASUU.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ASUU.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 21.9%
OTCPK:ASUU.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts -1.5%
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ASUU.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in TWD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ASUU.Y Future Estimates Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 347,993 12,725 15,646 2
2020-12-31 364,668 15,148 14,659 10
2019-12-31 328,408 25,697 11,999 7
2018-12-31 368,773 20,357 8,272 13
OTCPK:ASUU.Y Past Financials Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income *
2018-09-30 406,069 22,437 11,100
2018-06-30 417,857 17,496 13,594
2018-03-31 424,739 15,319 14,273
2017-12-31 433,967 -1,381 15,545
2017-09-30 446,409 -1,107 16,436
2017-06-30 449,746 21,770 16,578
2017-03-31 455,771 35,182 18,693
2016-12-31 466,803 49,305 19,203
2016-09-30 473,127 26,012 18,809
2016-06-30 474,635 2,990 17,046
2016-03-31 479,699 -913 17,579
2015-12-31 472,335 -10,568 17,097

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ASUSTeK Computer's earnings are expected to grow significantly at over 20% yearly.
  • ASUSTeK Computer's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ASUU.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from ASUSTeK Computer Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ASUU.Y Future Estimates Data
Date (Data in TWD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 21.06 23.45 18.67 2.00
2020-12-31 20.04 24.68 17.39 10.00
2019-12-31 15.07 17.31 10.81 7.00
2018-12-31 9.83 16.52 4.48 13.00
OTCPK:ASUU.Y Past Financials Data
Date (Data in TWD Millions) EPS *
2018-09-30 14.94
2018-06-30 18.30
2018-03-31 19.22
2017-12-31 20.93
2017-09-30 22.13
2017-06-30 22.32
2017-03-31 25.17
2016-12-31 25.85
2016-09-30 25.32
2016-06-30 22.95
2016-03-31 23.67
2015-12-31 23.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • ASUSTeK Computer is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess ASUSTeK Computer's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ASUSTeK Computer has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ASUSTeK Computer performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ASUSTeK Computer's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ASUSTeK Computer's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • ASUSTeK Computer's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • ASUSTeK Computer's 1-year earnings growth is negative, it can't be compared to the US Tech industry average.
Earnings and Revenue History
ASUSTeK Computer's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ASUSTeK Computer Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ASUU.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in TWD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 406,068.80 11,099.79 29,280.39 13,782.81
2018-06-30 417,857.39 13,594.48 30,848.28 14,748.79
2018-03-31 424,739.15 14,273.09 31,040.89 15,058.79
2017-12-31 433,966.79 15,544.91 31,738.58 14,931.07
2017-09-30 446,409.32 16,436.46 33,266.61 14,677.46
2017-06-30 449,745.83 16,577.64 33,191.65 13,450.19
2017-03-31 455,770.88 18,692.65 33,474.22 13,730.96
2016-12-31 466,802.71 19,202.74 34,176.51 13,298.90
2016-09-30 473,127.10 18,809.32 33,929.67 13,202.63
2016-06-30 474,635.16 17,045.81 34,345.34 12,905.89
2016-03-31 479,698.81 17,578.52 34,814.38 13,084.64
2015-12-31 472,335.32 17,097.47 33,922.50 12,956.50
2015-09-30 477,571.70 17,062.40 33,466.31 12,082.43
2015-06-30 482,171.42 18,658.58 32,438.78 12,191.60
2015-03-31 478,961.57 18,789.22 32,634.49 11,465.03
2014-12-31 477,408.05 19,470.41 32,305.81 11,368.01
2014-09-30 470,152.73 20,652.97 30,903.25 12,197.45
2014-06-30 465,046.82 19,781.65 29,962.32 11,291.61
2014-03-31 459,582.73 19,758.37 29,021.12 11,194.82
2013-12-31 463,286.51 21,449.90 29,167.74 10,966.31
2013-09-30 457,669.23 21,814.33 30,661.06 9,423.72
2013-06-30 460,134.00 23,159.02 31,314.57 9,051.55
2013-03-31 464,173.80 23,821.26 31,329.21 8,736.18
2012-12-31 448,684.62 22,463.57 30,740.35 8,545.47
2012-09-30 435,029.31 21,288.47 29,061.45 8,872.62
2012-06-30 424,425.92 19,685.36 27,996.75 8,413.69
2012-03-31 400,659.25 17,852.66 26,290.02 8,050.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ASUSTeK Computer has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ASUSTeK Computer used its assets less efficiently than the US Tech industry average last year based on Return on Assets.
  • ASUSTeK Computer's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ASUSTeK Computer's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ASUSTeK Computer has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ASUSTeK Computer's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ASUSTeK Computer's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ASUSTeK Computer is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ASUSTeK Computer's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ASUSTeK Computer's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 37.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ASUSTeK Computer Company Filings, last reported 5 months ago.

OTCPK:ASUU.Y Past Debt and Equity Data
Date (Data in TWD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 176,208.07 7,110.15 76,030.39
2018-06-30 168,575.52 7,601.02 85,228.57
2018-03-31 180,969.89 7,287.39 85,024.37
2017-12-31 178,674.30 6,764.01 81,053.42
2017-09-30 178,088.55 7,373.67 66,269.57
2017-06-30 176,360.99 6,913.92 77,392.50
2017-03-31 189,631.84 4,599.21 79,187.26
2016-12-31 184,217.21 4,246.62 94,176.77
2016-09-30 179,210.34 3,692.56 74,310.12
2016-06-30 167,038.84 3,130.70 70,403.76
2016-03-31 174,749.26 3,533.25 62,344.29
2015-12-31 169,427.95 3,990.78 61,826.09
2015-09-30 169,333.58 5,227.38 72,512.72
2015-06-30 165,491.43 5,369.74 84,355.67
2015-03-31 175,278.87 5,497.13 79,262.47
2014-12-31 165,523.06 5,472.75 84,589.97
2014-09-30 148,956.81 5,481.70 64,363.28
2014-06-30 143,588.37 6,201.98 80,259.63
2014-03-31 145,029.77 7,214.02 77,297.55
2013-12-31 136,971.48 6,378.27 77,124.08
2013-09-30 129,115.50 6,620.58 52,674.18
2013-06-30 129,383.22 6,100.31 71,665.16
2013-03-31 136,229.12 6,015.33 61,178.81
2012-12-31 127,787.66 5,569.22 59,222.30
2012-09-30 120,414.85 6,288.12 54,515.09
2012-06-30 116,688.22 6,212.61 50,578.56
2012-03-31 120,568.77 5,222.99 65,855.80
  • ASUSTeK Computer's level of debt (4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (5.1% vs 4% today).
  • Debt is well covered by operating cash flow (315.6%, greater than 20% of total debt).
  • ASUSTeK Computer earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess ASUSTeK Computer's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ASUSTeK Computer has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is ASUSTeK Computer's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.64%
Current annual income from ASUSTeK Computer dividends. Estimated to be 6.48% next year.
If you bought $2,000 of ASUSTeK Computer shares you are expected to receive $133 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • ASUSTeK Computer's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • ASUSTeK Computer's dividend is above the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ASUU.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
United States of America Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:ASUU.Y Future Dividends Estimate Data
Date (Data in NT$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 14.84 2.00
2020-12-31 14.28 11.00
2019-12-31 15.00 10.00
2018-12-31 14.46 13.00
OTCPK:ASUU.Y Past Annualized Dividends Data
Date (Data in NT$) Dividend per share (annual) Avg. Yield (%)
2018-06-15 15.000 6.323
2017-07-21 17.000 6.340
2016-07-20 15.000 5.390
2015-07-22 17.000 6.101
2014-07-25 19.500 6.221
2013-07-19 19.153 7.012
2012-11-14 14.500 4.483
2012-08-31 14.500 4.704
2012-05-15 14.500 5.139
2012-04-27 14.500 4.692
2012-03-27 14.500 5.230
2011-08-30 11.475 5.018
2011-05-16 11.475 4.906
2010-04-23 11.475 5.564
2010-03-22 11.475 3.703
2009-08-26 10.907 3.365
2009-05-15 10.907 4.312
2009-03-23 12.398 5.513

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of ASUSTeK Computer's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess ASUSTeK Computer's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ASUSTeK Computer afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ASUSTeK Computer has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of ASUSTeK Computer's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Samson Hu
TENURE AS CEO 0.2 years
CEO Bio

Mr. Samson Hu has been Co-Chief Executive Officer of ASUSTeK Computer Inc. since January 1, 2019. He served as Corporate Vice President of ASUSTeK Computer, Inc. since September 10, 2008 until January 1, 2019. Mr. Hu served as the Chief Operating Officer of ASUSTeK Computer, Inc. until March 2018 and served as its Corporate Vice President. Mr. Hu served as Junior Vice President of Acer. Mr. Hu has been a Director of ASUSTeK Computer, Inc. since June 11,2012. He attended Department of Computer Science at National Chiao Tung University.

CEO Compensation
  • Insufficient data for Samson to compare compensation growth.
  • Insufficient data for Samson to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the ASUSTeK Computer management team in years:

2.8
Average Tenure
  • The tenure for the ASUSTeK Computer management team is about average.
Management Team

Jonney Shih

TITLE
Chairman & Chief Branding Officer
TENURE
24.9 yrs

Samson Hu

TITLE
Co-CEO & Director
TENURE
0.2 yrs

S.Y. Hsu

TITLE
Co-CEO & Director
TENURE
0.2 yrs

Nick Wu

TITLE
Chief Financial Officer
TENURE
3.6 yrs

Joe Hsieh

TITLE
Corporate VP
TENURE
0.2 yrs

Ted Hsu

TITLE
Chief Strategy Officer & Director
AGE
56
TENURE
2.8 yrs

Winnie Liu

TITLE
Comptroller
TENURE
3.6 yrs
Board of Directors Tenure

Average tenure of the ASUSTeK Computer board of directors in years:

7.8
Average Tenure
  • The tenure for the ASUSTeK Computer board of directors is about average.
Board of Directors

Jonney Shih

TITLE
Chairman & Chief Branding Officer
TENURE
24.9 yrs

Samson Hu

TITLE
Co-CEO & Director
TENURE
6.8 yrs

S.Y. Hsu

TITLE
Co-CEO & Director
TENURE
7.8 yrs

Joe Hsieh

TITLE
Corporate VP
TENURE
7.8 yrs

Ted Hsu

TITLE
Chief Strategy Officer & Director
AGE
56
TENURE
24.9 yrs

Ming-Yu Lee

TITLE
Independent Director
TENURE
2.7 yrs

Kenneth Tai

TITLE
Independent Director
TENURE
2.7 yrs

Jonathan Tsang

TITLE
Director
TENURE
24.9 yrs

Tze-Kaing Yang

TITLE
Director
AGE
63
TENURE
2.7 yrs

Eric Chen

TITLE
Director
TENURE
10.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess ASUSTeK Computer's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ASUSTeK Computer has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products. The company offers phones and its accessories; laptops and its accessories, and 2-in-1 personal computers (PCs); tablets and its accessories; motherboards and its accessories, and single board computers; graphics cards and its accessories; wearable and healthcare products; desktops and all-in-one PCs; and monitors and projectors. It also provides networking products, such as wireless routers, mesh Wi-Fi systems, wireless APs/repeaters/bridges, xDSL modem routers, wireless adapters, wired and powerline networking, 4G LTE/3G routers, Bluetooth and antennas, cable modems and routers, and security cameras; and headphones and headsets, microphones, essence Hi-Fi audio, sound cards, and wireless and Bluetooth audio products. In addition, the company offers home entertainment products and car electronics; peripherals, such as computer bags, keyboards and mice, and optical drives and storage products, docks, and other accessories; gaming products; and servers and workstations. Further, it provides is involved in selling and consulting of Internet service; designing, manufacturing, and selling of smart vacuums, memory modules, inkjet print heads and ink-jet digital image output technology, and analog and integrated circuits; developing, selling, and consulting of information system software; and leasing real estate. ASUSTeK Computer Inc. was founded in 1990 and is based in Taipei, Taiwan.

Details
Name: ASUSTeK Computer Inc.
ASUU.Y
Exchange: OTCPK
Founded: 1990
NT$5,447,294,369
742,760,280
Website: http://www.asus.com
Address: ASUSTeK Computer Inc.
No.15, Li-Te Road,
Peitou,
Taipei,
Taiwan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSEC 2357 Common Stock Taiwan Stock Exchange TW TWD 14. Nov 1996
BDL ACMR1 GDR EACH REP 5 ORD 144A SPON Bourse de Luxembourg LU USD 13. Apr 1998
OTCPK ASUU.Y GDR EACH REP 5 ORD REG'S SPON Pink Sheets LLC US USD 24. Jun 2010
BDL ACMRS GDR EACH REP 5 ORD REG'S SPON Bourse de Luxembourg LU USD 24. Jun 2010
Number of employees
Current staff
Staff numbers
0
ASUSTeK Computer employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:27
End of day share price update: 2019/01/07 00:00
Last estimates confirmation: 2019/03/20
Last earnings filing: 2018/11/13
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.