OTCPK:ASUU.Y

Stock Analysis Report

Executive Summary

ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products (3C).

Rewards

PE ratio (10.4x) is below the US market (18.2x)

Earnings are forecast to grow 3.55% per year

Pays a high and reliable dividend of 6.99%

Risk Analysis

No risks detected for ASUU.Y from our risk checks.


Snowflake Analysis

Flawless balance sheet 6 star dividend payer.


Similar Companies

Share Price & News

How has ASUSTeK Computer's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASUU.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ASUU.Y

-3.6%

US Tech

-1.0%

US Market


1 Year Return

n/a

ASUU.Y

72.8%

US Tech

18.0%

US Market

Return vs Industry: Insufficient data to determine how ASUU.Y performed against the US Tech industry.

Return vs Market: Insufficient data to determine how ASUU.Y performed against the US Market.


Shareholder returns

ASUU.YIndustryMarket
7 Day0%-3.6%-1.0%
30 Day0%-2.4%0.6%
90 Dayn/a17.9%7.9%
1 Yearn/a75.4%72.8%20.4%18.0%
3 Yearn/a123.1%107.9%48.0%38.5%
5 Year19.7%-6.9%142.8%119.0%72.2%53.3%

Price Volatility Vs. Market

How volatile is ASUSTeK Computer's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is ASUSTeK Computer undervalued compared to its fair value and its price relative to the market?

10.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ASUU.Y ($37.25) is trading above our estimate of fair value ($28.4)

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


Price To Earnings Ratio

PE vs Industry: ASUU.Y is good value based on its PE Ratio (10.4x) compared to the Tech industry average (21.5x).

PE vs Market: ASUU.Y is good value based on its PE Ratio (10.4x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: ASUU.Y is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: ASUU.Y is good value based on its PB Ratio (1x) compared to the US Tech industry average (1.8x).


Next Steps

Future Growth

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

3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASUU.Y's forecast earnings growth (3.5% per year) is above the savings rate (1.7%).

Earnings vs Market: ASUU.Y's earnings (3.5% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: ASUU.Y's revenue (0.1% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: ASUU.Y's revenue (0.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ASUU.Y's Return on Equity is forecast to be low in 3 years time (8.2%).


Next Steps

Past Performance

How has ASUSTeK Computer performed over the past 5 years?

-3.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASUU.Y has high quality earnings.

Growing Profit Margin: ASUU.Y's current net profit margins (4.4%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: ASUU.Y's earnings have declined by -3.4% per year over the past 5 years.

Accelerating Growth: ASUU.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ASUU.Y had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Tech industry average (-3.2%).


Return on Equity

High ROE: ASUU.Y's Return on Equity (9.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ASUSTeK Computer's financial position?


Financial Position Analysis

Short Term Liabilities: ASUU.Y's short term assets (NT$236.1B) exceed its short term liabilities (NT$150.9B).

Long Term Liabilities: ASUU.Y's short term assets (NT$236.1B) exceed its long term liabilities (NT$12.5B).


Debt to Equity History and Analysis

Debt Level: ASUU.Y's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: ASUU.Y's debt to equity ratio has reduced from 3.7% to 3.2% over the past 5 years.

Debt Coverage: ASUU.Y's debt is well covered by operating cash flow (166.6%).

Interest Coverage: ASUU.Y's interest payments on its debt are well covered by EBIT (54x coverage).


Balance Sheet

Inventory Level: ASUU.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: ASUU.Y's debt is covered by short term assets (assets are 42.1x debt).


Next Steps

Dividend

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

6.99%

Current Dividend Yield


Dividend Yield vs Market

company7.0%marketbottom25%1.4%markettop25%3.7%industryaverage1.1%forecastin3Years6.1%

Current dividend yield vs market & industry

Notable Dividend: ASUU.Y's dividend (6.99%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: ASUU.Y's dividend (6.99%) is in the top 25% of dividend payers in the US market (3.73%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (73%), ASUU.Y's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ASUU.Y's dividends in 3 years are forecast to be covered by earnings (67.8% payout ratio).


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Samson Hu 0

1.1yrs

Tenure

0

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, 2 ...


Leadership Team

NamePositionTenureCompensationOwnership
Jonney Shih
Chairman & Chief Branding Officer25.8yrsno data4.05% NT$212.4m
Samson Hu
Co-CEO & Director1.1yrsno data0.014% NT$709.7k
Hsien-Yuen Hsu
Co-CEO & Director8.7yrsno data0.016% NT$813.5k
Shi Chang Hsu
Chief Strategy Officer & Vice Chairman0yrsno data1.26% NT$65.9m
Nick Wu
Chief Financial Officer4.5yrsno datano data
Min-Chieh Hsieh
Corporate VP8.7yrsno data0.00011% NT$5.8k
Chih-Peng Wu
Deputy General Manager0yrsno data0.012% NT$623.2k
Hsiao-Chien Chien
Deputy General Manager0yrsno data0.00010% NT$5.2k
Yao-Hui Qiu
Deputy General Manager0yrsno data0.000020% NT$1.0k
Ten-Long Dan
Deputy General Manager0yrsno data0.000020% NT$1.0k

2.4yrs

Average Tenure

Experienced Management: ASUU.Y's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonney Shih
Chairman & Chief Branding Officer25.8yrsno data4.05% NT$212.4m
Samson Hu
Co-CEO & Director1.1yrsno data0.014% NT$709.7k
Hsien-Yuen Hsu
Co-CEO & Director8.7yrsno data0.016% NT$813.5k
Shi Chang Hsu
Chief Strategy Officer & Vice Chairman0yrsno data1.26% NT$65.9m
Min-Chieh Hsieh
Corporate VP8.7yrsno data0.00011% NT$5.8k
Tze-Kaing Yang
Director3.6yrsno datano data
Jonathan Tsang
Director25.8yrsno data0.19% NT$10.0m
Yen-Cheng Chen
Director11.7yrsno data0.023% NT$1.2m
Ming-Yu Lee
Independent Director3.6yrsno datano data
Chung-Hou Tai
Independent Director3.6yrsno data0.0049% NT$257.4k

8.7yrs

Average Tenure

Experienced Board: ASUU.Y's board of directors are considered experienced (8.7 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

ASUSTeK Computer Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ASUSTeK Computer Inc.
  • Ticker: ASUU.Y
  • Exchange: OTCPK
  • Founded: 1990
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: NT$159.322b
  • Listing Market Cap: NT$5.241b
  • Shares outstanding: 742.76m
  • Website: https://www.asus.com

Location

  • ASUSTeK Computer Inc.
  • No.15, Li-Te Road
  • Beitou District
  • Taipei
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2357TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDNov 1996
ACMR1BDL (Bourse de Luxembourg)SP GDR 2010 144ALUUSDApr 1998
ASUU.YOTCPK (Pink Sheets LLC)SPON GDR REG SUSUSDJun 2010
ACMRSBDL (Bourse de Luxembourg)SPON GDR REG SLUUSDJun 2010

Biography

ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products (3C). The company offers phones and its accessories; and graphics card, desktop, monitor, sound card, headphone and headset, wireless router, and chassis gaming products. It also provides laptops and two-in-one personal computers (PCs); commercial desktops; motherboards, single-board computers, and cooling products; graphic cards and its accessories; tower, mini, stick, and all-in-one PCs, as well as chrome devices; and monitors and projectors. In addition, the company offers mesh WiFi systems, wireless routers, wireless adapters, and wired networking products; business wireless routers; and gaming router home products; headphones and headsets; sound cards; computer bags, keyboards and mice, and mousepads; and optical drives and storage products comprising external Blu-ray, external slim DVD, internal Blu-ray, and internal DVD. Further, it provides servers, server motherboards, workstations, and workstation motherboards; Internet consulting, professional e-sports, intelligent energy-savings, and Internet information services; technical support for electronic products; and maintenance and operating services for information hardware. Additionally, the company offers ink-jet print heads and digital image output technology, high-speed analog circuits, integrated circuits, industrial and medical computers, interface cards, and medical robots; invests in computer peripheral, Internet service, computer peripheral, and automotive electronics businesses; designs and sells smart vacuums; services information technology; and researches, develops, sells, and consults regarding information system software; provides marketing support and repair services for medical computers and peripherals; and leases real estate property. ASUSTeK Computer Inc. was founded in 1990 and is headquartered in Taipei, Taiwan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 02:05
End of Day Share Price2019/12/11 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.