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HannStar Board Corporation (5469.TW)

TWD76.70 +1.90 (+2.54%)
TW TAI Technology Hardware, Equipment & Parts
Address No. 9, Gongye 4th Road 328
Taoyuan City, TW
CEO Yu-Heng Chiao
Website tw.hannstarboard.com
IPO 2003-08-25
ISIN TW0005469001

Explore sections of this company profile

Description

HannStar Board Corporation, headquartered in Taoyuan City, Taiwan, specializes in the production and distribution of printed circuit boards (PCBs). These essential components find application in a diverse array of electronic products, such as game consoles, televisions, personal computers, networking apparatus, automotive electronics, liquid crystal displays (LCDs), set-top boxes, servers, wireless audio devices, smart home technology, and white goods. The company's activities extend beyond PCBs to include real estate development and leasing for both residential and commercial properties, real estate sales, the fabrication of mechanical equipment and electronic parts, waste recycling services, wastewater treatment solutions, property management, the rental of industrial facilities, the manufacturing and sale of automotive electronic components, and mold assembly and production. Founded in 1989, the enterprise initially operated as Pacific Science and Technology Industrial Co., Ltd., before rebranding to HannStar Board Corporation in December 1998.

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
TWD76.70 +1.90 (+2.54%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.55
Float Shares
238.39M
Free Float %
49.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.43% +1.67% +3.52% -9.46% -21.11% -7.69% +42.95% +88.41% +76.54% +758.87% +981.22%
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
76.70
DCF (Unlevered) 120.26 +56.8%
DCF (Levered) 184.71 +140.8%

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) 0% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.46
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✓
    Revenue growth Hardware, Equipment & Parts: +10.0%
    +37.5% ★ Q1'26: +48.5% (vs Q1'25)
  • ✓
    EPS growth Hardware, Equipment & Parts: +20.2%
    +2.7% Q1'26: -19.1% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%
    +3.1% Q1'26: -10.0% (vs Q1'25)
  • ✗
    EBIT margin Hardware, Equipment & Parts: +8.7%
    +10.6% ★ Q1'26: +7.9% (vs Q1'25)
  • ✗
    ROIC Hardware, Equipment & Parts: +5.7%
    +6.7% ★ Q1'26: +4.9% (vs Q1'25)
  • ✗
    Share dilution Hardware, Equipment & Parts: +0.0%
    +52.7% Q1'26: +77.0% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×
    3.94× Q1'26: 4.71× (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 = 64% × Ke + 36% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 120.26 Current price: 76.70
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 2023
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
1 Rev. Ana.
1 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana. 		Dec 2029
1 Rev. Ana.
1 EPS Ana. 		Dec 2030
1 Rev. Ana.
1 EPS Ana. 		Dec 2032
1 Rev. Ana.
1 EPS Ana.
Revenue
40.42B
est: 43.37B (-6.8%)
39.41B
est: 39.41B (+0.0%)
39.63B
est: 36.57B (+8.4%)
43.77B
est: 43.47B (+0.7%)
43.14B
est: 44.83B (-3.8%)
45.70B
est: 44.28B (+3.2%)
57.00B
est: 46.55B (+22.4%)
42.98B
est: 43.60B (-1.4%)
57.23B
est: 57.23B (+0.0%)
36.57B
36.57B – 36.57B
-36.1% YoY
43.47B
43.47B – 43.47B
+18.9% YoY
44.83B
44.83B – 44.83B
+3.1% YoY
44.28B
44.28B – 44.28B
-1.2% YoY
46.55B
46.55B – 46.55B
+5.1% YoY
43.60B
43.60B – 43.60B
-6.3% YoY
EBITDA
3.49B
est: 9.28B (-62.3%)
4.32B
est: 8.43B (-48.7%)
4.05B
est: 7.82B (-48.2%)
5.19B
est: 9.30B (-44.2%)
7.37B
est: 9.59B (-23.1%)
8.39B
est: 9.47B (-11.4%)
10.40B
est: 9.96B (+4.5%)
10.63B
est: 9.33B (+14.0%)
9.32B
est: 12.01B (-22.3%)
7.67B
7.67B – 7.67B
-36.1% YoY
9.12B
9.12B – 9.12B
+18.9% YoY
9.40B
9.40B – 9.40B
+3.1% YoY
9.29B
9.29B – 9.29B
-1.2% YoY
9.77B
9.77B – 9.77B
+5.1% YoY
9.15B
9.15B – 9.15B
-6.3% YoY
EBIT
16.32M
est: 7.06B (-99.8%)
1.30B
est: 6.41B (-79.8%)
1.62B
est: 5.95B (-72.8%)
3.07B
est: 7.08B (-56.6%)
4.78B
est: 7.30B (-34.5%)
5.85B
est: 7.21B (-18.8%)
8.17B
est: 7.58B (+7.8%)
8.12B
est: 7.10B (+14.4%)
6.09B
est: 9.01B (-32.4%)
5.76B
5.76B – 5.76B
-36.1% YoY
6.84B
6.84B – 6.84B
+18.9% YoY
7.06B
7.06B – 7.06B
+3.1% YoY
6.97B
6.97B – 6.97B
-1.2% YoY
7.33B
7.33B – 7.33B
+5.1% YoY
6.86B
6.86B – 6.86B
-6.3% YoY
Net Income
364.55M
est: 619.64M (-41.2%)
944.54M
est: 966.86M (-2.3%)
855.84M
est: 1.04B (-17.8%)
1.60B
est: 1.20B (+33.3%)
2.82B
est: 2.77B (+1.8%)
3.16B
est: 3.39B (-6.6%)
5.86B
est: 3.76B (+55.8%)
2.68B
est: 3.31B (-19.1%)
2.92B
1.59B
1.59B – 1.59B
1.83B
1.83B – 1.83B
+14.9% YoY
4.23B
4.23B – 4.23B
+131.3% YoY
5.17B
5.17B – 5.17B
+22.4% YoY
5.74B
5.74B – 5.74B
+11.0% YoY
5.06B
5.06B – 5.06B
-11.9% YoY
SGA
3.45B
est: 3.48B (-1.0%)
3.44B
est: 3.16B (+8.7%)
3.32B
est: 2.94B (+13.0%)
3.84B
est: 3.49B (+10.0%)
3.89B
est: 3.60B (+8.1%)
3.82B
est: 3.56B (+7.4%)
4.22B
est: 3.74B (+13.0%)
3.46B
est: 3.50B (-1.2%)
4.70B
est: 4.58B (+2.7%)
2.93B
2.93B – 2.93B
-36.1% YoY
3.48B
3.48B – 3.48B
+18.9% YoY
3.59B
3.59B – 3.59B
+3.1% YoY
3.54B
3.54B – 3.54B
-1.2% YoY
3.73B
3.73B – 3.73B
+5.1% YoY
3.49B
3.49B – 3.49B
-6.3% YoY
EPS
0.79
est: 1.21 (-34.8%)
2.05
est: 1.89 (+8.5%)
1.85
est: 2.04 (-9.1%)
3.46
est: 2.34 (+47.9%)
6.02
est: 5.41 (+11.3%)
6.15
est: 6.62 (-7.2%)
11.10
est: 7.35 (+51.0%)
5.49
est: 6.47 (-15.2%)
6.05
2.04
2.04 – 2.04
2.34
2.34 – 2.34
+14.9% YoY
5.41
5.41 – 5.41
+131.3% YoY
6.62
6.62 – 6.62
+22.4% YoY
7.35
7.35 – 7.35
+11.0% YoY
6.47
6.47 – 6.47
-11.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-28 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-27 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-26 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-25 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-22 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-21 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-05-20 A- 4/5 5/5 4/5 3/5 1/5 3/5 4/5
2026-05-19 B+ 3/5 5/5 4/5 3/5 1/5 3/5 3/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 B+ 3/5 5/5 3/5 3/5 1/5 3/5 4/5
2026-04-29 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-04-28 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-04-27 B+ 3/5 5/5 3/5 3/5 1/5 2/5 4/5
2026-04-24 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-04-23 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-22 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-21 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-20 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-17 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-16 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
6.99B
OE per share TTM
12.52
Owner's Yield
9.57%
Maintenance CapEx ratio
120.11%
Maint CapEx / Avg PPE
29.9%

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 51 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vident International Equity Strategy ETF VIDI 0.39% 1.54M 0.61%
2 FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE 0.06% 223.2K 0.58%
3 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.06% 67.2K 0.42%
4 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.05% 39.8K 0.74%
5 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.05% 370.3K 0.65%
6 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.05% 173.2K 0.72%
7 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.04% 133.4K 0.74%
8 Avantis Responsible Emerging Markets Equity ETF AVSE 0.03% 63.8K 0.33%
9 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.03% 160.8K 0.55%
10 Avantis Emerging Markets Value ETF AVES 0.03% 377.2K 0.36%

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
250.2K
Shares Outstanding
485.94M

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
Cheng-Kuo Tao President — —
Chi-Feng Tsai Manager & President of Business Dept. (Taiwan) — male
Kun Tang Lee Company Secretary — male
Pei-Chi Chien Financial Officer, Accounting Officer & Corporation Governance Officer — —
Yu-Heng Chiao Chairman & Chief Executive Officer — male
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

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