Earnings Alerts

Asustek Computer (2357) Earnings Surge: June Sales Hit NT$58.41 Billion with 21.5% Growth

  • Revenue for June 2024: Asustek’s sales reached NT$58.41 billion.
  • Year-over-year Growth: Sales increased by 21.5% compared to the same period last year.
  • Analyst Ratings: There are 11 buy recommendations, 7 hold recommendations, and no sell recommendations for Asustek.

Asustek Computer on Smartkarma

On Smartkarma, investment analyst Vincent Fernando, CFA, provides insightful coverage of Asustek Computer. In one report, he highlights Asustek’s impressive margin beat and optimistic guidance for future growth, particularly in the AI PC market. Asustek’s strong performance in 1Q24, driven by cost optimization and increased operating margin, has positioned the company well for success. Fernando also underscores Asustek’s confidence in the PC upgrade cycle and forthcoming product launches with Qualcomm processors, maintaining a positive outlook on the company’s future sales and margins.

In another analysis, Fernando discusses the broader industry impact on companies like Asustek following events such as Nvidia’s GTC conference. He mentions significant server orders secured by Quanta from tech giants like Google and Amazon post-conference, signaling potential growth opportunities for Asustek in the AI server segment. With a focus on both AI PCs and AI servers, Asustek’s outlook is improving, making it an intriguing investment option amidst evolving market dynamics.


A look at Asustek Computer Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Asustek Computer Inc., a company that specializes in manufacturing computer motherboards, interface cards, and notebook computers, is positioned favorably for long-term growth according to Smartkarma Smart Scores. With a top score in Value and strong scores in Dividend and Resilience, Asustek Computer demonstrates solid fundamentals and financial stability. This indicates that the company is trading at an attractive value relative to its peers and has a good track record in maintaining resilience during challenging market conditions. These factors bode well for Asustek Computer‘s ability to navigate through uncertainties and potentially deliver consistent returns to investors over the long run.

Although Asustek Computer has a slightly lower score in Growth and Momentum compared to other factors, the company’s overall outlook remains positive. The Growth score reflects a moderate potential for future expansion, while the Momentum score suggests a steady increase in investor interest and market performance. Asustek Computer‘s balanced scores across different dimensions indicate a well-rounded company with a strong foundation for sustainable growth and shareholder value creation in the years ahead.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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