ASROCK INCORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 242.5 TWD | +4.08% |
|
+7.06% | -5.64% |
| May. 29 | ASROCK Incorporation Announces Election of Directors on Behalf of ASRock Inc | CI |
| May. 29 | ASROCK Incorporation Appoints Members of the Compensation Committee | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,111 | 18,820 | 34,604 | 17,323 | 31,262 | 29,497 | - |
| Enterprise Value (EV) 1 | 9,111 | 15,433 | 31,204 | 14,021 | 28,215 | 26,281 | 26,304 |
| P/E ratio | 15.3 x | 13.9 x | 14.4 x | 16.4 x | 34.1 x | 21.2 x | 20.6 x |
| Yield | - | 5.13% | 4.62% | - | 2.68% | 3.67% | 3.64% |
| Capitalization / Revenue | 0.68 x | 1.05 x | 1.75 x | 1.01 x | 1.65 x | 1.44 x | 1.22 x |
| EV / Revenue | 0.68 x | 0.86 x | 1.58 x | 0.82 x | 1.49 x | 1.28 x | 1.09 x |
| EV / EBITDA | - | 7.97 x | 9.91 x | 10.6 x | 21.1 x | 20 x | 13.6 x |
| EV / FCF | 6.91 x | 11.7 x | 31.9 x | 13.3 x | 10.8 x | 25.1 x | 39 x |
| FCF Yield | 14.5% | 8.53% | 3.13% | 7.51% | 9.29% | 3.99% | 2.56% |
| Price to Book | 1.48 x | - | 4.18 x | 2.11 x | 3.85 x | 3.45 x | 3.3 x |
| Nbr of stocks (in thousands) | 120,679 | 120,642 | 122,925 | 121,993 | 121,641 | 121,635 | - |
| Reference price 2 | 75.50 | 156.0 | 281.5 | 142.0 | 257.0 | 242.5 | 242.5 |
| Announcement Date | 3/11/20 | 2/24/21 | 2/23/22 | 3/9/23 | 3/6/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 13,415 | 17,912 | 19,763 | 17,121 | 18,992 | 20,464 | 24,122 |
| EBITDA 1 | - | 1,936 | 3,150 | 1,320 | 1,338 | 1,314 | 1,934 |
| EBIT 1 | 766.8 | 1,858 | 3,058 | 1,185 | 1,147 | 1,456 | 1,850 |
| Operating Margin | 5.72% | 10.37% | 15.47% | 6.92% | 6.04% | 7.11% | 7.67% |
| Earnings before Tax (EBT) 1 | 784.9 | 1,856 | 3,060 | 1,431 | 1,218 | 1,675 | 1,973 |
| Net income 1 | 597.5 | 1,363 | 2,381 | 1,066 | 919 | 1,397 | 1,432 |
| Net margin | 4.45% | 7.61% | 12.05% | 6.23% | 4.84% | 6.83% | 5.94% |
| EPS 2 | 4.920 | 11.22 | 19.53 | 8.650 | 7.540 | 11.46 | 11.76 |
| Free Cash Flow 1 | 1,319 | 1,317 | 977.9 | 1,053 | 2,620 | 1,049 | 674.5 |
| FCF margin | 9.83% | 7.35% | 4.95% | 6.15% | 13.79% | 5.13% | 2.8% |
| FCF Conversion (EBITDA) | - | 68.03% | 31.04% | 79.81% | 195.75% | 79.83% | 34.88% |
| FCF Conversion (Net income) | 220.71% | 96.63% | 41.07% | 98.76% | 285.07% | 75.08% | 47.1% |
| Dividend per Share 2 | - | 8.000 | 13.00 | - | 6.900 | 8.900 | 8.820 |
| Announcement Date | 3/11/20 | 2/24/21 | 2/23/22 | 3/9/23 | 3/6/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,637 | 5,038 | 3,617 | 3,566 | 4,899 | 4,395 | 4,087 | 4,902 | 8,381 | 4,953 | 4,715 | 5,329 | 5,466 | 5,208 | 5,142 |
| EBITDA | - | - | 239.7 | - | 282.9 | - | 191.3 | 331.3 | 450 | - | - | - | - | - | - |
| EBIT 1 | 861.1 | 685.8 | 208.5 | 50.44 | 240.3 | 150.9 | 144 | 283.4 | 401.1 | 300.2 | 254 | 419 | 483 | 370 | 315 |
| Operating Margin | 15.28% | 13.61% | 5.76% | 1.41% | 4.9% | 3.43% | 3.52% | 5.78% | 4.79% | 6.06% | 5.39% | 7.86% | 8.84% | 7.1% | 6.13% |
| Earnings before Tax (EBT) 1 | 860.3 | 784.9 | 311.2 | 246.8 | 87.84 | 158 | 213.3 | 374.8 | 471.8 | 426.5 | 284 | 448 | 516 | 395 | 346 |
| Net income 1 | 680.7 | 614.6 | 248.8 | 179.5 | 23.32 | 125.1 | 158 | 308.9 | 327.1 | 308.1 | 235 | 342 | 381 | 295 | 283 |
| Net margin | 12.08% | 12.2% | 6.88% | 5.03% | 0.48% | 2.85% | 3.87% | 6.3% | 3.9% | 6.22% | 4.98% | 6.42% | 6.97% | 5.66% | 5.5% |
| EPS 2 | 5.560 | 4.970 | 2.010 | 1.450 | 0.2500 | 1.020 | 1.290 | 2.530 | 2.690 | 2.530 | 1.930 | 2.810 | 3.120 | 2.420 | 2.320 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 4/27/22 | 8/5/22 | 11/2/22 | 3/9/23 | 5/1/23 | 8/3/23 | 11/2/23 | 3/6/24 | 5/10/24 | - | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 3,387 | 3,399 | 3,302 | 3,046 | 3,216 | 3,193 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,319 | 1,317 | 978 | 1,053 | 2,620 | 1,049 | 675 |
| ROE (net income / shareholders' equity) | 9.71% | 20.8% | 31.4% | 13% | 11.3% | 15.1% | 16.3% |
| ROA (Net income/ Total Assets) | 6.09% | 12.4% | 17.2% | 6.95% | 6.31% | 9.1% | 9.2% |
| Assets 1 | 9,815 | 10,991 | 13,805 | 15,331 | 14,572 | 15,354 | 15,565 |
| Book Value Per Share 2 | 51.00 | - | 67.30 | 67.20 | 66.80 | 70.20 | 73.50 |
| Cash Flow per Share | - | - | 8.400 | 9.250 | 21.60 | - | - |
| Capex 1 | 27.7 | 34.9 | 46.4 | 87.8 | 16.4 | 62.7 | 48.5 |
| Capex / Sales | 0.21% | 0.19% | 0.23% | 0.51% | 0.09% | 0.31% | 0.2% |
| Announcement Date | 3/11/20 | 2/24/21 | 2/23/22 | 3/9/23 | 3/6/24 | - | - |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
242.5
TWD
Average target price
262.3
TWD
Spread / Average Target
+8.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -5.64% | 871M | |
| +40.55% | 13.28B | |
| +11.11% | 7.4B | |
| -8.58% | 5.64B | |
| -17.46% | 1.13B | |
| +34.73% | 252M | |
| +127.80% | 195M | |
| +25.46% | 88.82M | |
| +3.85% | 60.6M |
- Stock Market
- Equities
- 3515 Stock
- Financials ASROCK Incorporation
