Buy Or Sell Opportunity • Jun 12
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 69% to NT$2,225. The fair value is estimated to be NT$1,794, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year. Earnings per share has grown by 74%. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$2,220, the stock trades at a trailing P/E ratio of 55.4x. Average forward P/E is 34x in the Machinery industry in Taiwan. Total returns to shareholders of 210% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$1,746 per share. Reported Earnings • May 19
First quarter 2026 earnings released: EPS: NT$15.38 (vs NT$7.68 in 1Q 2025) First quarter 2026 results: EPS: NT$15.38 (up from NT$7.68 in 1Q 2025). Revenue: NT$4.86b (up 49% from 1Q 2025). Net income: NT$1.07b (up 123% from 1Q 2025). Profit margin: 22% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Machinery industry in Taiwan. New Risk • Apr 15
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 8.4% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$1,575, the stock trades at a trailing P/E ratio of 49.5x. Average forward P/E is 27x in the Machinery industry in Taiwan. Total returns to shareholders of 262% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$655 per share. Upcoming Dividend • Mar 26
Upcoming dividend of NT$16.00 per share Eligible shareholders must have bought the stock before 01 April 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.3%). Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: NT$35.12 (vs NT$22.31 in FY 2024) Full year 2025 results: EPS: NT$35.12 (up from NT$22.31 in FY 2024). Revenue: NT$14.0b (up 29% from FY 2024). Net income: NT$2.28b (up 66% from FY 2024). Profit margin: 16% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Machinery industry in Taiwan. Declared Dividend • Mar 12
Dividend increased to NT$16.00 Dividend of NT$16.00 is 45% higher than last year. Ex-date: 1st April 2026 Payment date: 30th April 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 40%. Cash payout ratio: 44%. Buy Or Sell Opportunity • Feb 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 76% to NT$1,325. The fair value is estimated to be NT$1,091, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 37%. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$1,150, the stock trades at a trailing P/E ratio of 47.6x. Average forward P/E is 34x in the Machinery industry in Taiwan. Total returns to shareholders of 137% over the past year. Buy Or Sell Opportunity • Jan 19
Now 20% undervalued Over the last 90 days, the stock has risen 6.1% to NT$853. The fair value is estimated to be NT$1,069, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 37%. Buy Or Sell Opportunity • Dec 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.0% to NT$853. The fair value is estimated to be NT$1,081, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 37%. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: NT$5.66 (vs NT$4.47 in 3Q 2024) Third quarter 2025 results: EPS: NT$5.66 (up from NT$4.47 in 3Q 2024). Revenue: NT$3.03b (up 21% from 3Q 2024). Net income: NT$365.1m (up 30% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$9.52 (vs NT$8.11 in 2Q 2024) Second quarter 2025 results: EPS: NT$9.52 (up from NT$8.11 in 2Q 2024). Revenue: NT$3.98b (up 21% from 2Q 2024). Net income: NT$598.6m (up 20% from 2Q 2024). Profit margin: 15% (in line with 2Q 2024). New Risk • Aug 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to NT$891, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 130% over the past year. Buy Or Sell Opportunity • Jul 09
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 94% to NT$693. The fair value is estimated to be NT$573, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has grown by 87%. Buy Or Sell Opportunity • May 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to NT$701. The fair value is estimated to be NT$580, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has grown by 87%. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$630, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: NT$7.68 (vs NT$6.67 in 1Q 2024) First quarter 2025 results: EPS: NT$7.68 (up from NT$6.67 in 1Q 2024). Revenue: NT$3.25b (up 16% from 1Q 2024). Net income: NT$481.7m (up 20% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Buy Or Sell Opportunity • Apr 29
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 2.0% to NT$514. The fair value is estimated to be NT$405, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 15%. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to NT$380, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 19x in the Machinery industry in Taiwan. New Risk • Mar 26
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 1.9% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: NT$22.31 (vs NT$10.85 in FY 2023) Full year 2024 results: EPS: NT$22.31 (up from NT$10.85 in FY 2023). Revenue: NT$10.8b (up 37% from FY 2023). Net income: NT$1.37b (up 111% from FY 2023). Profit margin: 13% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. New Risk • Mar 13
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 6.4% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$600, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Duyuru • Mar 12
Syntec Technology Co., Ltd., Annual General Meeting, Jun 03, 2025 Syntec Technology Co., Ltd., Annual General Meeting, Jun 03, 2025. Location: no,25, yen fa 2nd rd., east district, hsinchu city Taiwan Duyuru • Mar 11
Syntec Technology Co., Ltd. announces Annual dividend, payable on April 30, 2025 Syntec Technology Co., Ltd. announced Annual dividend of TWD 11.0000 per share payable on April 30, 2025, ex-date on April 01, 2025 and record date on April 04, 2025. Reported Earnings • Dec 27
Third quarter 2024 earnings released Third quarter 2024 results: EPS: NT$4.47. Net income: NT$280.5m (up NT$280.5m from 3Q 2023). New Risk • Nov 08
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 6.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$559, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$486, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Reported Earnings • Aug 16
First half 2024 earnings released First half 2024 results: EPS: NT$13.35. Net income: NT$805.6m (up NT$805.6m from 1H 2023). Buy Or Sell Opportunity • Aug 07
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at NT$400. The fair value is estimated to be NT$324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last year, while earnings per share has been flat. 
