Asia Vital Components Co., Ltd. (AVC) financials

TAI · Technology · Hardware, Equipment & Parts · 11,131 employees · CEO Ching-Hang Shen

Price: NT$3,060.00 -1.13%
Market cap: NT$1.2T
Enterprise value: NT$1.16T
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-06 EPS est. NT$28.09

Revenue (TTM)NT$185B+99.0% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)23.6%+6.4 pp vs a year agoOperating income NT$43.6B

Net income (TTM)NT$29.5B+148.1% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)NT$40.3B+478.8% vs a year agoCapex NT$11.5B

Diluted EPS (TTM)NT$73.89+147.5% vs a year agoSum of the last 4 quarters

Net cashNT$39.1B+244.9% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: NT$1.2T
Revenue: NT$185B
Revenue growth: +58%
Profit margin: 15.9%
P/E: 40.7×
P/S: 6.5×
EV / EBITDA: 24.2×
Free cash flow: NT$40.3B
Net income: NT$29.5B
Revenue estimate: NT$221B
Earnings: 2026-11-06
Dividend: NT$20.88

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-08-12): revenue missed by 1.6%, EPS beat by 11.7%Revenue NT$49.3B vs NT$50.1B expected (-1.6%); EPS NT$24.37 vs NT$21.81 (+11.7%).
Revenue growth slowing: 66.0% year on yearQ2 '26 revenue NT$49.1B, against an average of 105.6% over the four quarters before.
Operating margin 23.6% (TTM), +6.4 pp on a year agoOperating income grew 173.7% while revenue grew 99.0%.
Capex 6.2% of revenue (a year ago 6.8%)NT$11.5B invested in the last 4 quarters (+81.2% on a year earlier). Free cash flow NT$40.3B = 136.9% of net income.
Returned NT$3.88B to shareholders = 9.6% of free cash flowBuybacks NT$0 (a year earlier NT$0), dividends NT$3.88B, stock-based pay NT$0 (TTM).
Diluted share count up 0.2% in a year400M diluted shares in Q2 '26, 399M a year earlier.
Net cash NT$39.1BCash + short-term investments NT$78.4B, debt incl. leases NT$39.3B; a year ago net cash NT$11.3B.

Last quarter: Q2 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q2 '26	Year ago	Change
Revenue	NT$49.1B	NT$29.6B	+66.0%
Gross margin	32.2%	24.4%	+7.8 pp
Operating income	NT$13.5B	NT$5.09B	+164.5%
Operating margin	27.4%	17.2%	+10.2 pp
Net income	NT$9.57B	NT$4B	+139.3%
Diluted EPS	NT$23.92	NT$10.02	+138.7%
Operating cash flow	NT$13B	NT$3.84B	+239.4%
Capex	NT$3.46B	NT$1.86B	+85.6%
Free cash flow	NT$9.57B	NT$1.98B	+384.4%
R&D	NT$1.67B	NT$1.29B	+29.1%
Stock-based compensation	NT$0	NT$0	–

Reported vs consensus

2026-08-12

	Actual	Consensus	vs consensus
Revenue	NT$49.3B	NT$50.1B	-1.6%
EPS (as estimated)	NT$24.37	NT$21.81	+11.7%

From the report of 2026-08-12 for Q2 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: NT$51.8B
Capex: -NT$11.5B
Buybacks: NT$0
Dividends: -NT$3.88B
Acquisitions: NT$203M
Net debt issued: NT$13.3B
Stock-based compensation: NT$0
Free cash flow: NT$40.3B
Returned to shareholders / FCF: 9.6%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	40.7×	20.8×	9.5× – 30.7×
EV / EBITDA	24.2×	11.3×	4.5× – 20.1×
EV / Sales	6.3×	2.2×	0.7× – 4.4×
Price / FCF	29.8×	25.1×	8.0× – 49.3×
Price / Book	21.8×	6.7×	2.5× – 14.4×
FCF yield	3.4%	5.6%	2.0% – 12.5%
Return on invested capital	30.1%	14.2%	11.1% – 22.5%
Return on equity	64.9%	29.1%	23.4% – 43.0%

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	NT$221B	+58.1%	NT$104.09	+115.8%	29.4×	14
FY2027	NT$318B	+43.9%	NT$162.81	+56.4%	18.8×	14
FY2028	NT$396B	+24.7%	NT$210.67	+29.4%	14.5×	6

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02