1. Taiwan, Province of China Stocks

  2. •

    Technology

  3. •

    Communication Equipment
Sercomm Corporation

Sercomm Corporation

5388.TW
Sercomm CorporationTW flagTaiwan Stock Exchange
83.10
TWD
-0.30
- -
24.91BMarket Cap
Sercomm Corporation
5388.TW
(Taiwan Stock Exchange)

Recent

price

83.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
51.3
74.64
99.67
94.57
102.87
149.57
151.26
158.45
137.23
129.48
145.62
175.31
254.67
240.38
193.48
181.37
132.07
Revenue per Share
1.87
3.29
3.9
4.19
4.21
5.57
6.02
5.38
3.32
4.21
3.66
3.44
7.57
9.17
7.74
4.04
3.05
Basic EPS, GAAP
-4.82
0.86
7.92
2.14
1.12
3.85
8.4
8.01
0.32
3.26
-1.8
-16.12
10.23
1.76
4.8
-0.11
3.5
Free Cash Flow per Basic Share
0.99
1.51
2.42
2.7
2.69
2.94
3.86
4.19
3.79
2.49
3.01
2.6
2.39
4.45
5.02
4.61
- -
Dividend per Share
12.74
14.07
14.83
18.85
16.3
18.38
19.4
20.01
17.88
19.37
19.01
18.57
23.32
27.66
27.07
26.62
26.67
Book Value per Share
14.05
17.42
18.93
22.75
26.29
28.33
29.14
28.44
27.34
29.87
29.44
31.2
36.77
49.31
54.54
52.54
52.63
Tangible Book Value per Share
168
177
193
202
225
234
243
244
243
246
248
250
254
260
294
298
297
Basic Weighted Avg Shares
8,640
13,242
19,268
19,077
23,193
35,012
36,702
38,600
33,385
31,797
36,096
43,900
64,574
62,584
56,789
53,999
39,252
Sales/Revenue/Turnover
4.08
4.24
5.35
4.57
5.09
4.75
4.83
3.97
2.71
3.07
3.22
2.37
3.75
5.04
5.13
2.95
2.86
Operating Margin (%)
200
264
317
376
405
492
521
551
585
653
708
833
894
922
977
1,059
797
Depreciation Expense
314
583
754
845
949
1,305
1,462
1,312
808
1,033
907
861
1,919
2,386
2,271
1,203
907
Net Income, GAAP
18.67
16.88
19.22
17.47
20.18
18.08
19.28
18.65
17.67
19.04
18.8
16.02
17.36
20.05
19.47
20.37
19.01
Effective Tax Rate (%)
3.64
4.4
3.91
4.43
4.09
3.73
3.98
3.4
2.42
3.25
2.51
1.96
2.97
3.81
4
2.23
2.31
Profit Margin (%)
1,009
1,176
1,856
1,584
2,261
2,701
3,330
3,154
2,831
5,768
5,590
7,190
10,707
11,922
11,281
10,469
10,469
Working Capital
874
874
1,600
557
196
182
128
114
100
2,623
3,798
5,046
7,396
5,812
3,130
3,220
3,220
LT Debt
2,597
3,232
3,816
4,728
6,059
6,938
7,357
7,226
7,010
7,676
7,720
8,244
9,801
13,216
16,319
15,943
15,943
Total Equity
6.46
7.39
10.98
9.79
11.47
14.06
14.32
12.85
7.44
6.81
7.06
5.63
10.81
11.63
10.26
5.69
4.07
Return on Invested Capital (%)
8.77
11.33
12.44
14.37
16.14
19.84
21.57
20
11.38
12.95
9.6
7.75
14.3
16.06
16.24
10.09
7.42
Return on Capital (%)
15.29
25.12
28.11
25.33
25.39
32.71
32.45
27.38
17.51
22.69
19.16
18.4
36.34
36.39
29.98
15.16
11.42
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
5,635
- -
2,796
LT Borrowings
2,823
- -
2,848
LT Finance Leases
303
- -
372
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
295
295
300
Market Capitalization
28,274
30,018
23,658

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
37,590
- -
39,259
Cash, Cash Equivalents & STI
11,420
- -
5,842
Accounts Receivable, Net
8,637
- -
11,335
Inventories
15,827
- -
19,465
Total Current Liabilities
27,956
- -
28,790
Payables & Accruals
- -
- -
- -
ST Debt
5,635
- -
2,796
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.3%
16.34%
-2.3%
Free Cash Flow
145.71%
132.88%
-102.25%
Net Income, GAAP
6.94%
18.05%
-47.04%
Sales/Revenue/Turnover
5.67%
10.29%
-4.91%
Total Cash Common Dividend
11.57%
18.36%
-6.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
15,659
15,666
15,625
15,634
62,584
2024
16,193
13,711
13,460
13,425
56,789
2025
11,354
12,215
- -
15,683
53,999

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.97
2.05
2.53
- -
9.17
2024
2.35
1.84
1.83
- -
7.74
2025
1.02
1.13
- -
- -
4.04

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.45
2024
- -
- -
- -
- -
5.02
2025
- -
- -
- -
- -
4.61
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Business
Sercomm Corporation (TWSE: 5388) designs, manufactures, and sells networking and communication equipment for broadband, enterprise, and smart home applications. The company offers a broad portfolio of products including fiber customer premise equipment (CPE), gigabit passive optical network (GPON) optical line terminals (OLTs) and optical network units (ONUs), 5G fixed wireless access (FWA) customer premise equipment, Wi-Fi 7 routers and access points, enterprise switches, IP video phones, smart gateways, and IoT devices such as cameras and sensors; it also provides related software platforms, cloud services, and engineering design services. Founded in 1992 and headquartered in Taipei, Taiwan, Sercomm operates globally with manufacturing facilities in Taiwan and China, sales offices across North America, Europe, Asia-Pacific, and Latin America, and serves major customers including telecommunications service providers, cable multiple system operators (MSOs), and enterprise clients. In recent developments, Sercomm expanded its 5G FWA portfolio with new mmWave and sub-6 GHz CPE models launched in 2024 to support high-speed broadband deployments; the company secured strategic partnerships with leading telcos for GPON and Wi-Fi 7 rollouts, including a multi-year supply agreement with a major U.S. MSO announced in early 2025; additionally, Sercomm completed the acquisition of a key IoT subsidiary in mid-2024 to bolster its smart home ecosystem offerings.