External broker reports(aggregated public sources), Capital Securities Corp

Capital Securities

External broker reports(aggregated public sources)

Capital Securities Corp

Capital Securities provides clients with investment services covering diversified financial products. We have outstanding business performance amid intense competition in the domestic securities market. 

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<p>Realtek’s FY22 revenue/earnings are forecasted to increase by double digits; recommend BUY. Realtek’s 3Q21/GM revenue met our forecast. Given persistent robust demand for automotive Ethernet, Bluetooth, WiFi 6, IoT and 5G, the market’s supply/demand condition of networking chips may stay tight in FY22. Additionally, Realtek may be supported by additional capacity from new foundry partner in FY22.. Realtek’s ASP may continue to increase in FY22 due to better product mix and price hikes. We forecast Realtek’s FY22 revenue/earnings to continue to increase by double digits. Recommend BUY with TP of NTD580 (13x FY22 PER). </p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Realtek’s FY22 revenue/earnings are forecasted to increase by double digits; recommend BUY. Realtek’s 3Q21/GM revenue met our forecast. Given persistent robust demand for automotive Ethernet, Bluetooth, WiFi 6, IoT and 5G, the market’s supply/demand condition of networking chips may stay tight in FY22. Additionally, Realtek may be supported by additional capacity from new foundry partner in FY22.. Realtek’s ASP may continue to increase in FY22 due to better product mix and price hikes. We forecast Realtek’s FY22 revenue/earnings to continue to increase by double digits. Recommend BUY with TP of NTD580 (13x FY22 PER). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Taiwan

Realtek Semiconductor Corp. designs, tests, and distributes integrated circuits which are used in consumer electronics, computer systems and peripherals, and communication network hardware.  The Company also provides technical counseling and systems software services.

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Realtek Semiconductor (2379 TT)

Realtek (2379 TT, BUY, NTD499)

Realtek’s FY22 revenue/earnings are forecasted to increase by double digits; recommend BUY. Realtek’s 3Q21/GM revenue met our forecast. Given...

Capital Securities

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