3515.TW
Strong BuyUnloved QualityAI neutralASROCK Incorporation · Technology · Taiwan · $819M
TWD 218.50 -0.2% · close 8 Oct · scored 9 Oct
Unloved Quality: Strong and cheap; the market has not turned yet.
As of 9 Oct 2026, MoatMap's StockRank for ASROCK Incorporation (3515.TW) is 88/100: Quality 72, Value 80, Momentum 33, ranked against 24,000+ stocks in 35 markets.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
ASRock designs motherboards, graphics cards and industrial and server boards. It screens as cheap, but hardware assembly is a competitive, low-moat business against much larger rivals, and weak share-price momentum suggests demand is not accelerating.
ABOUT ASROCK INCORPORATION
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ASROCK Incorporation designs and manufactures computer motherboards, industrial PCs, and mini PCs, renowned for offering feature-rich products at competitive price points. The company carved out a strong niche in the DIY PC builder market and industrial computing segments by focusing on innovation, performance, and value.
FINANCIAL SUMMARY (TWD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 17.1B | 19.0B | 25.7B | 47.8B | 40.8% | 49.0B | 57.2B | 75.0B | 25.2% |
| EPS (TWD) | 19.67 | 8.69 | 7.54 | 10.54 | 15.28 | -6.1% | 15.43 | 18.73 | 23.68 | 24.5% |
| Shares | — | 122.0M | 121.6M | 123.6M | 123.5M | +1.3% | 123.5M | — | — | — |
| Debt | — | 696.8M | 142.1M | 477.5M | 63.2M | -55.1% | 1.5B | — | — | — |
| Equity | — | 8.2B | 8.1B | 9.3B | 12.0B | 13.5% | — | — | — | — |
| Op CF | — | 1.1B | 2.6B | 906.3M | 1.3B | 3.7% | -4.8B | — | — | — |
| Inv CF | — | 868.8M | -1.5B | -406.6M | -499.1M | — | — | — | — | — |
| Fin CF | — | -1.0B | -1.7B | -248.6M | 1.9B | — | — | — | — | — |
17% above its 52-week low and back above a rising 50-day average since 5 Oct 2026.
The Momentum score still reads 33: it weighs six months of price and earnings revisions, so it trails a turn like this.
Calmer than 52% of stocks we rank over the past year (41% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 3515.TW are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 3515.TW | ASROCK Incorporation(you) | $819M | 88 | Strong Buy |
| 3029.TW | Zero One Technology Co., Ltd. | $623M | 90 | Strong Buy |
| 7711.TW | ASRock Rack Incorporation | $1.2B | 90 | Strong Buy |
| 6166.TW | Adlink Technology Inc. | $904M | 79 | Buy |
| 4967.TW | Team Group Inc. | $844M | 98 | Strong Buy |
| 2480.TW | Stark Technology Inc. | $538M | 85 | Strong Buy |
| 5386.TWO | Albatron Technology Co., Ltd | $485M | 87 | Strong Buy |
| 6206.TW | Flytech Technology Co., Ltd. | $625M | 96 | Strong Buy |
| 3013.TW | Chenming Electronic Tech. Corp. | $566M | 80 | Buy |
| 3022.TW | IEI Integration Corp. | $517M | 81 | Strong Buy |
Peer medians: ROE 10.4% · P/E 24.6x · Gross margin 24.3%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.