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Sercomm Corporation (5388.TW)

TWD89.40 +3.70 (+4.32%)
TW TAI Technology Communication Equipment
Address Nankang Software Park 115
Taipei, TW
CEO Wang Wei
IPO 2000-01-04
ISIN TW0005388003

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Description

Sercomm Corporation, established in 1992 and based in Taipei, Taiwan, operates as a leading global provider specializing in the research, development, production, and distribution of advanced networking and communication equipment and software. The company serves a wide international market, including North America, Europe, and the Asia Pacific region. Its extensive product portfolio encompasses a variety of cutting-edge solutions. For instance, Sercomm delivers advanced LTE/5G mobility solutions, such as small cells, CBRS technology, private LTE systems, LTE-M/NB-IoT modules, and 5G/LTE terminals. In the realm of broadband access, its offerings span DOCSIS, FTTx, and xDSL solutions, alongside a comprehensive range of broadband routers and residential LTE/5G gateways. The company also excels in Internet of Things (IoT) solutions, featuring IP cameras, IoT gateways, mobile IoT devices, low-power IoT sensors, and integrated IoT cloud platforms. Furthermore, Sercomm provides essential enterprise equipment, including WiFi access points, business-grade routers, network switches, and IP phones. For residential users, its offerings extend to home connectivity and entertainment products like WiFi mesh repeaters, G.hn adapters, over-the-top set-top boxes, and smart speakers. Beyond its core hardware and software offerings, Sercomm delivers comprehensive consultation and customer support services for its communication products. The company also diversifies its operations through the sale of IT products and software, providing investment services, and engaging in real estate property leasing.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD89.40 +3.70 (+4.32%)
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Volume Profile
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Liquidity & share structure
Average Volume
6M
Beta
0.60
Float Shares
251.62M
Free Float %
84.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.67% -1.99% -3.30% -5.73% -3.30% -0.75% -24.40% -6.84% +24.80% +5.61% +447.47%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
89.40
DCF (Unlevered) 123.09 +37.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.02
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Communication Equipment: +9.8%
    -4.9% Q1'26: +46.6% (vs Q1'25)
  • EPS growth Communication Equipment: +36.4%
    -47.3% Q1'26: -1.0% (vs Q1'25)
  • FCF margin FCF growth · Communication Equipment: +59.0%
    +0.6% Q1'26: -20.3% (vs Q1'25)
  • EBIT margin Communication Equipment: +4.7%
    +3.0% Q1'26: +2.9% (vs Q1'25)
  • ROIC Communication Equipment: +3.7%
    +7.9% Q1'26: +8.0% (vs Q1'25)
  • Share dilution Communication Equipment: +0.0%
    -2.1% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×
    2.26× Q1'26: 2.77× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.55) × ERP
WACC = 81% × Ke + 19% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 123.09 Current price: 89.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
3 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
35.01B
est: 35.01B (+0.0%)
36.70B
est: 36.71B (0.0%)
38.60B
est: 38.60B (+0.0%)
33.38B
est: 33.34B (+0.1%)
31.80B
est: 31.81B (0.0%)
36.10B
est: 36.11B (0.0%)
43.90B
est: 43.90B (0.0%)
64.57B
est: 64.57B (+0.0%)
62.58B
est: 61.16B (+2.3%)
56.79B
est: 56.97B (-0.3%)
54.00B
est: 53.44B (+1.0%)
65.74B
63.76B – 69.35B
+23.0% YoY
77.13B
76.09B – 79.02B
+17.3% YoY
EBITDA
2.15B
est: 2.01B (+7.2%)
2.40B
est: 2.10B (+13.9%)
2.19B
est: 2.21B (-0.8%)
1.69B
est: 1.91B (-11.7%)
2.03B
est: 1.82B (+11.4%)
1.89B
est: 2.07B (-8.8%)
1.94B
est: 2.52B (-22.9%)
3.37B
est: 3.70B (-8.8%)
4.17B
est: 3.47B (+20.3%)
4.04B
est: 3.23B (+25.0%)
2.66B
est: 3.03B (-12.1%)
3.73B
3.62B – 3.93B
+23.0% YoY
4.37B
4.32B – 4.48B
+17.3% YoY
EBIT
1.66B
est: 1.42B (+17.2%)
1.87B
est: 1.48B (+26.4%)
1.64B
est: 1.56B (+5.3%)
1.10B
est: 1.35B (-18.2%)
1.37B
est: 1.29B (+6.9%)
1.18B
est: 1.46B (-19.2%)
1.11B
est: 1.77B (-37.7%)
2.48B
est: 2.61B (-4.9%)
3.25B
est: 2.44B (+33.4%)
3.07B
est: 2.27B (+35.3%)
1.60B
est: 2.13B (-24.6%)
2.62B
2.54B – 2.76B
+23.0% YoY
3.07B
3.03B – 3.15B
+17.3% YoY
Net Income
1.30B
est: 1.70B (-23.1%)
1.46B
est: 1.80B (-18.9%)
1.31B
est: 1.63B (-19.5%)
807.59M
est: 960.65M (-15.9%)
1.03B
est: 1.23B (-16.2%)
907.33M
est: 1.15B (-20.8%)
861.20M
est: 1.02B (-15.8%)
1.92B
est: 2.28B (-15.9%)
2.39B
est: 2.77B (-13.9%)
2.27B
est: 2.29B (-1.0%)
1.20B
est: 1.53B (-21.6%)
1.96B
1.91B – 2.01B
+28.0% YoY
2.25B
2.19B – 2.30B
+14.8% YoY
SGA
1.82B
est: 2.08B (-12.7%)
1.89B
est: 2.18B (-13.4%)
1.85B
est: 2.30B (-19.6%)
1.82B
est: 1.98B (-8.2%)
2.11B
est: 1.89B (+11.2%)
2.20B
est: 2.15B (+2.5%)
2.32B
est: 2.61B (-11.1%)
3.38B
est: 3.84B (-12.1%)
3.98B
est: 3.70B (+7.7%)
3.84B
est: 3.44B (+11.5%)
3.55B
est: 3.23B (+9.8%)
3.97B
3.85B – 4.19B
+23.0% YoY
4.66B
4.60B – 4.78B
+17.3% YoY
EPS
5.57
est: 5.60 (-0.5%)
6.02
est: 5.95 (+1.2%)
5.38
est: 5.38 (+0.1%)
3.32
est: 3.17 (+4.8%)
4.21
est: 4.07 (+3.5%)
3.66
est: 3.78 (-3.1%)
3.44
est: 3.37 (+2.0%)
7.57
est: 7.49 (+1.0%)
9.17
est: 9.28 (-1.1%)
7.74
est: 7.68 (+0.8%)
4.04
est: 5.12 (-21.1%)
6.64
6.43 – 6.77
+29.7% YoY
7.52
7.39 – 7.76
+13.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-05-11 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-05-08 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-05-07 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-05-06 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-05-05 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-05-04 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-30 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-29 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-28 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-27 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-24 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-23 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-22 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-21 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-20 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-17 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5
2026-04-16 B 3/5 1/5 3/5 3/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-335.71M
OE per share TTM
-1.30
Owner's Yield
-1.31%
Maintenance CapEx ratio
51.02%
Maint CapEx / Avg PPE
11.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 68 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
384.7K
Shares Outstanding
299.72M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Wang Wei Chief Executive Officer & Chairman 18M male
Bo Yuan Wang Co-Founder, Honorary Chairman & Director 7M
Ben Lin Co-Founder, President & Director 7M male
Alex Liou Vice President of Strategic Planning & Chief of Staff
Ji Li Zheng Accounting Supervisor
Michael Lee Senior Vice President male
Wang Dean Senior Vice President male
Hui-Ru Lee Vice President female
Arthur Hsu Chief Financial Officer male
David Huang Vice President
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits