Sercomm Corporation Logo

Sercomm Corporation

5388.TW

(2.8)
Stock Price

110,50 TWD

5.88% ROA

19.09% ROE

12.4x PER

Market Cap.

32.166.180.000,00 TWD

51.87% DER

4.63% Yield

4.21% NPM

Sercomm Corporation Stock Analysis

Sercomm Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Sercomm Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (22.5%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

4 ROA

The stock's ROA (5.42%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 DER

The stock has a reasonable amount of debt compared to its ownership (88%), suggesting a balanced financial position and a moderate level of risk.

6 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (4.842), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 PBV

The stock's elevated P/BV ratio (3.18x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Sercomm Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Sercomm Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Sercomm Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Sercomm Corporation Revenue
Year Revenue Growth
2006 9.132.792.000
2007 10.254.799.000 10.94%
2008 8.534.577.000 -20.16%
2009 7.088.803.000 -20.4%
2010 8.639.787.000 17.95%
2011 13.241.507.000 34.75%
2012 19.267.971.000 31.28%
2013 19.076.628.000 -1%
2014 23.192.689.000 17.75%
2015 35.011.966.000 33.76%
2016 36.701.734.000 4.6%
2017 38.600.003.000 4.92%
2018 33.384.941.000 -15.62%
2019 31.797.130.000 -4.99%
2020 36.096.281.000 11.91%
2021 43.899.508.000 17.78%
2022 64.573.720.000 32.02%
2023 62.501.256.000 -3.32%
2023 62.584.493.000 0.13%
2024 54.842.712.000 -14.12%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Sercomm Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 332.193.000
2007 399.412.000 16.83%
2008 458.317.000 12.85%
2009 434.015.000 -5.6%
2010 454.472.000 4.5%
2011 564.959.000 19.56%
2012 808.768.000 30.15%
2013 970.002.000 16.62%
2014 1.126.715.000 13.91%
2015 1.500.365.000 24.9%
2016 1.705.096.000 12.01%
2017 1.645.589.000 -3.62%
2018 1.751.190.000 6.03%
2019 1.996.009.000 12.27%
2020 2.071.038.000 3.62%
2021 2.303.713.000 10.1%
2022 2.815.066.000 18.16%
2023 3.295.864.000 14.59%
2023 3.127.890.000 -5.37%
2024 3.269.736.000 4.34%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Sercomm Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 216.785.000
2007 271.703.000 20.21%
2008 0 0%
2009 296.516.000 100%
2010 344.439.000 13.91%
2011 470.692.000 26.82%
2012 571.249.000 17.6%
2013 606.259.000 5.77%
2014 653.646.000 7.25%
2015 839.864.000 22.17%
2016 847.290.000 0.88%
2017 827.423.000 -2.4%
2018 750.752.000 -10.21%
2019 795.316.000 5.6%
2020 849.247.000 6.35%
2021 834.619.000 -1.75%
2022 1.151.231.000 27.5%
2023 1.550.592.000 25.76%
2023 1.346.086.000 -15.19%
2024 1.290.528.000 -4.31%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Sercomm Corporation EBITDA
Year EBITDA Growth
2006 572.869.000
2007 829.434.000 30.93%
2008 930.338.000 10.85%
2009 465.909.000 -99.68%
2010 607.614.000 23.32%
2011 1.004.929.000 39.54%
2012 1.387.216.000 27.56%
2013 1.455.081.000 4.66%
2014 1.676.131.000 13.19%
2015 2.150.031.000 22.04%
2016 2.396.376.000 10.28%
2017 2.193.933.000 -9.23%
2018 1.691.032.000 -29.74%
2019 2.018.925.000 16.24%
2020 1.916.901.000 -5.32%
2021 1.925.445.000 0.44%
2022 3.383.758.000 43.1%
2023 4.408.008.000 23.24%
2023 4.035.761.000 -9.22%
2024 3.669.836.000 -9.97%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Sercomm Corporation Gross Profit
Year Gross Profit Growth
2006 1.150.342.000
2007 1.617.244.000 28.87%
2008 1.338.394.000 -20.83%
2009 1.191.471.000 -12.33%
2010 1.446.851.000 17.65%
2011 1.979.510.000 26.91%
2012 2.985.737.000 33.7%
2013 3.070.040.000 2.75%
2014 3.654.987.000 16%
2015 4.983.969.000 26.67%
2016 5.368.728.000 7.17%
2017 5.027.843.000 -6.78%
2018 4.477.652.000 -12.29%
2019 5.079.038.000 11.84%
2020 5.438.621.000 6.61%
2021 5.668.245.000 4.05%
2022 8.618.811.000 34.23%
2023 11.118.004.000 22.48%
2023 10.095.399.000 -10.13%
2024 9.531.588.000 -5.92%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Sercomm Corporation Net Profit
Year Net Profit Growth
2006 355.166.000
2007 539.408.000 34.16%
2008 329.115.000 -63.9%
2009 205.483.000 -60.17%
2010 314.448.000 34.65%
2011 583.041.000 46.07%
2012 754.836.000 22.76%
2013 844.927.000 10.66%
2014 949.302.000 10.99%
2015 1.304.508.000 27.23%
2016 1.461.654.000 10.75%
2017 1.311.868.000 -11.42%
2018 807.586.000 -62.44%
2019 1.032.953.000 21.82%
2020 907.327.000 -13.85%
2021 861.201.000 -5.36%
2022 1.919.423.000 55.13%
2023 2.623.120.000 26.83%
2023 2.386.305.000 -9.92%
2024 2.180.824.000 -9.42%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Sercomm Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 4 33.33%
2008 2 -50%
2009 1 -100%
2010 2 0%
2011 3 66.67%
2012 4 0%
2013 4 25%
2014 4 0%
2015 6 20%
2016 6 16.67%
2017 5 -20%
2018 3 -66.67%
2019 4 25%
2020 4 -33.33%
2021 3 0%
2022 8 57.14%
2023 10 30%
2023 9 -11.11%
2024 7 -28.57%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Sercomm Corporation Free Cashflow
Year Free Cashflow Growth
2006 393.806.000
2007 489.719.000 19.59%
2008 53.550.000 -814.51%
2009 601.977.000 91.1%
2010 -811.902.000 174.14%
2011 152.982.000 630.72%
2012 1.571.495.000 90.27%
2013 430.750.000 -264.83%
2014 252.677.000 -70.47%
2015 902.016.000 71.99%
2016 2.038.513.000 55.75%
2017 1.952.386.000 -4.41%
2018 78.219.000 -2396.05%
2019 799.868.000 90.22%
2020 -437.661.000 282.76%
2021 -3.973.125.000 88.98%
2022 2.593.017.000 253.22%
2023 -1.902.698.000 236.28%
2023 758.534.000 350.84%
2024 163.671.000 -363.45%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Sercomm Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 594.771.000
2007 714.045.000 16.7%
2008 350.795.000 -103.55%
2009 828.808.000 57.67%
2010 -28.479.000 3010.24%
2011 720.394.000 103.95%
2012 2.451.226.000 70.61%
2013 931.407.000 -163.17%
2014 780.347.000 -19.36%
2015 1.591.481.000 50.97%
2016 2.493.443.000 36.17%
2017 2.543.139.000 1.95%
2018 818.509.000 -210.7%
2019 1.464.608.000 44.11%
2020 1.160.071.000 -26.25%
2021 -2.779.728.000 141.73%
2022 3.427.116.000 181.11%
2023 -1.565.221.000 318.95%
2023 1.878.970.000 183.3%
2024 481.557.000 -290.19%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Sercomm Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 200.965.000
2007 224.326.000 10.41%
2008 297.245.000 24.53%
2009 226.831.000 -31.04%
2010 783.423.000 71.05%
2011 567.412.000 -38.07%
2012 879.731.000 35.5%
2013 500.657.000 -75.72%
2014 527.670.000 5.12%
2015 689.465.000 23.47%
2016 454.930.000 -51.55%
2017 590.753.000 22.99%
2018 740.290.000 20.2%
2019 664.740.000 -11.37%
2020 1.597.732.000 58.39%
2021 1.193.397.000 -33.88%
2022 834.099.000 -43.08%
2023 337.477.000 -147.16%
2023 1.120.436.000 69.88%
2024 317.886.000 -252.46%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Sercomm Corporation Equity
Year Equity Growth
2006 1.852.188.000
2007 2.381.431.000 22.22%
2008 2.505.368.000 4.95%
2009 2.435.829.000 -2.85%
2010 2.597.180.000 6.21%
2011 3.272.609.000 20.64%
2012 3.850.662.000 15.01%
2013 4.727.695.000 18.55%
2014 6.058.947.000 21.97%
2015 6.937.635.000 12.67%
2016 7.357.068.000 5.7%
2017 7.226.296.000 -1.81%
2018 7.009.776.000 -3.09%
2019 7.675.999.000 8.68%
2020 7.720.079.000 0.57%
2021 8.243.537.000 6.35%
2022 9.801.442.000 15.89%
2023 13.216.154.000 25.84%
2023 11.463.074.000 -15.29%
2024 14.995.850.000 23.56%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Sercomm Corporation Assets
Year Assets Growth
2006 5.008.268.000
2007 5.230.572.000 4.25%
2008 5.541.602.000 5.61%
2009 5.819.390.000 4.77%
2010 7.979.553.000 27.07%
2011 12.027.717.000 33.66%
2012 12.903.126.000 6.78%
2013 13.392.899.000 3.66%
2014 17.988.397.000 25.55%
2015 22.527.983.000 20.15%
2016 23.779.053.000 5.26%
2017 24.767.446.000 3.99%
2018 23.367.826.000 -5.99%
2019 26.177.080.000 10.73%
2020 30.578.748.000 14.39%
2021 34.394.252.000 11.09%
2022 44.275.617.000 22.32%
2023 47.764.529.000 7.3%
2023 44.548.596.000 -7.22%
2024 44.145.692.000 -0.91%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Sercomm Corporation Liabilities
Year Liabilities Growth
2006 3.156.080.000
2007 2.849.141.000 -10.77%
2008 3.036.234.000 6.16%
2009 3.383.561.000 10.27%
2010 5.382.373.000 37.14%
2011 8.755.108.000 38.52%
2012 9.052.464.000 3.28%
2013 8.665.204.000 -4.47%
2014 11.929.450.000 27.36%
2015 15.590.348.000 23.48%
2016 16.421.985.000 5.06%
2017 17.541.150.000 6.38%
2018 16.358.050.000 -7.23%
2019 18.501.081.000 11.58%
2020 22.858.669.000 19.06%
2021 26.150.715.000 12.59%
2022 34.474.175.000 24.14%
2023 34.548.375.000 0.21%
2023 33.085.522.000 -4.42%
2024 29.149.842.000 -13.5%

Sercomm Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
206.94
Net Income per Share
8.71
Price to Earning Ratio
12.4x
Price To Sales Ratio
0.53x
POCF Ratio
20.6
PFCF Ratio
107.33
Price to Book Ratio
2.13
EV to Sales
0.49
EV Over EBITDA
6.96
EV to Operating CashFlow
19.3
EV to FreeCashFlow
99.81
Earnings Yield
0.08
FreeCashFlow Yield
0.01
Market Cap
32,17 Bil.
Enterprise Value
29,91 Bil.
Graham Number
99.73
Graham NetNet
-11.22

Income Statement Metrics

Net Income per Share
8.71
Income Quality
0.54
ROE
0.19
Return On Assets
0.06
Return On Capital Employed
0.17
Net Income per EBT
0.8
EBT Per Ebit
0.95
Ebit per Revenue
0.05
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.18
Operating Profit Margin
0.05
Pretax Profit Margin
0.05
Net Profit Margin
0.04

Dividends

Dividend Yield
0.05
Dividend Yield %
4.63
Payout Ratio
0.57
Dividend Per Share
5

Operating Metrics

Operating Cashflow per Share
5.24
Free CashFlow per Share
1.01
Capex to Operating CashFlow
0.81
Capex to Revenue
0.02
Capex to Depreciation
1.32
Return on Invested Capital
0.12
Return on Tangible Assets
0.06
Days Sales Outstanding
71.56
Days Payables Outstanding
95.43
Days of Inventory on Hand
94.2
Receivables Turnover
5.1
Payables Turnover
3.82
Inventory Turnover
3.87
Capex per Share
4.23

Balance Sheet

Cash per Share
35,06
Book Value per Share
50,74
Tangible Book Value per Share
49.56
Shareholders Equity per Share
50.77
Interest Debt per Share
27.16
Debt to Equity
0.52
Debt to Assets
0.18
Net Debt to EBITDA
-0.52
Current Ratio
1.49
Tangible Asset Value
14,65 Bil.
Net Current Asset Value
7,00 Bil.
Invested Capital
18602176000
Working Capital
11,86 Bil.
Intangibles to Total Assets
0.01
Average Receivables
13,13 Bil.
Average Payables
14,26 Bil.
Average Inventory
13687033000
Debt to Market Cap
0.24

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Sercomm Corporation Dividends
Year Dividends Growth
2003 0
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 2 100%
2009 1 0%
2010 1 0%
2011 1 0%
2012 2 50%
2013 3 0%
2014 3 0%
2015 3 0%
2016 4 33.33%
2017 4 25%
2018 4 -33.33%
2019 2 -50%
2020 3 33.33%
2021 3 -50%
2022 2 0%
2023 5 50%
2024 5 0%

Sercomm Corporation Profile

About Sercomm Corporation

Sercomm Corporation researches, develops, manufactures, and sells networking communication software and equipment in North America, Europe, and the Asia Pacific. The company offers LTE/5G mobility solutions, including small cells, CBRS, private LTE, LTE-M/NB-IoT modules, and LTE/5G terminals; broadband access solutions, such as DOCSIS, FTTx, xDSL, broadband routers, and residential LTE/5G gateways; and IoT (Internet of Things) solutions comprising IP cameras, IoT gateways, mobile IoT devices, low power IoT sensors, and IoT cloud. It also provides enterprise equipment that include WiFi access points, business routers, switches, and IP phones; and home connectivity and entertainment products that include WiFi mesh repeaters, G.hn adapters, over-the-top set-top boxes, and smart speakers. In addition, the company offers consultation and customer services for network communication products; sells IT products and software; provides investment services; and leases real estate properties. Further, it manufactures and sells routers, OS, and related software. Sercomm Corporation was incorporated in 1992 and is headquartered in Taipei, Taiwan.

CEO
Mr. Wei Wang
Employee
4.172
Address
Nankang Software Park
Taipei, 115

Sercomm Corporation Executives & BODs

Sercomm Corporation Executives & BODs
# Name Age
1 David Huang
Vice President
70
2 Alex Liou
Chief Financial Officer & Chief of Staff
70
3 Dr. Bo Yuan Wang Ph.D.
Co-Founder, Honorary Chairman & Director
70
4 Mr. Wang Dean
Senior Vice President
70
5 Max Cheng
Accounting Officer
70
6 Mr. Wei Wang
Chief Executive Officer & Chairman
70
7 Mr. Ben Lin
Co-Founder, President & Director
70
8 Ms. Hui-Ru Lee
Vice President
70
9 Cheng-Zhe Xu
Deputy General Manager
70
10 Mr. Michael Lee
Senior Vice President
70

Sercomm Corporation Competitors