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← CockpitCompetitor Analysis › 5388.TW Sercomm Corp.Open in the cockpit ↗

Sercomm Corp.5388.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Telecommunications Equipment
Momentum weak 32
Mkt cap
$591M
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$4.94M
20-day average traded
Fwd P/E
9.3×
forward earnings
ROIC−WACC
+2.9 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
124 days
10 Mar 2027
Close · TWDNT$64.50
1D-1.8%
1W-9.5%
1M-10.0%
3M-27.7%
6M-18.6%
YTD-19.0%
1Y-34.9%
ATR %3.5%
52w lowhigh35.8% off high

What Sercomm does

No business profile yet.

Sercomm at a glance

Size Sercomm (5388.TW) is a Taiwan Information Technology company (Telecommunications Equipment) with a market value of $591M, the 398th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$64.50 on 6 Nov 2026.

Performance Over six months the shares fell 18.6%, against -28.4% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 34.2% over the last twelve months (peer median +12.6%); the operating margin is 3.0% (peer median -1.8%).

Valuation It trades at 9.3× forward earnings against a peer median of 36.8× (cheapest of 11).

Capital Return on invested capital runs 2.9 points above its cost of capital (5.0% WACC).

Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 20265388.TW 82Peer median 71
Six months, rebased to 100: Sercomm against the median of its 20 peers (local-currency closes).

Sercomm financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$67.7BNT$54.0BNT$56.8BNT$62.6BNT$64.6B
Revenue growth—-5%-9%-3%—
Gross profitNT$8.98BNT$8.34BNT$9.92BNT$10.1BNT$8.47B
EBITDANT$3.16BNT$2.66BNT$3.91BNT$4.04BNT$3.32B
Net incomeNT$1.34BNT$1.20BNT$2.27BNT$2.39BNT$1.92B
Free cash flow-NT$6.40BNT$91.4MNT$1.83BNT$868MNT$2.01B
Capital expenditureNT$1.39BNT$1.76BNT$1.32BNT$1.12BNT$858M
Total debtNT$10.2BNT$6.02BNT$6.03BNT$9.24BNT$9.96B

Quarterly statements and history in the cockpit →

Sercomm competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-20%-10%0%+10%0025126883113005906037033268GILT300213300177FTC002161300711603803FEIM300504002796CRI00089236730023836036605388.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Sercomm is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%25×50×75×6883113005903268GILT300213FTC002161FEIMCRI36735388.TWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Sercomm is the large dot.

Sercomm competitors and peer comparison

How Sercomm compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Sercomm against its 20 peers (data as of 6 Nov 2026)
Measure5388.TWPeer medianRank in peer set
1-month return-10.0%-11.4%11th highest of 21
6-month return-18.6%-28.4%8th highest of 21
Distance from 52-week high-35.8%-51.3%5th highest of 21
Revenue growth (TTM)+34.2%+12.6%6th highest of 21
Operating margin3.0%-1.8%9th highest of 21
Forward P/E9.3×36.8×cheapest of 11
ROIC minus cost of capital+2.9 pp-5.9 pp2nd highest of 21
Net debt / EBITDA1.4×-3.2×most indebted of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Sercomm 5388.TWTaiwan$591M-19%+34%3%9.3×n/an/a
Tatwah Smartech 002512.SZChina$567M-16%+32%0%n/a36.0%-2.6%
Chengdu M&S Electronics Technology 688311.SSChina$618M-32%+66%-22%52.3×n/an/a
Queclink Wireless Solutions 300590.SZChina$619M-39%+37%9%35.7×n/an/a
Zhejiang Shengyang Science & Technology 603703.SSChina$624M-26%+38%-3%n/an/an/a
MeiG Smart Technology 3268.HKHong Kong$628M-30%+31%7%16.2×n/an/a
Gilat Satellite Networks GILTUnited States$554M-63%+39%5%12.1×n/an/a
Beijing Jiaxun Feihong Electrical 300213.SZChina$634M-15%-9%-17%33.9×20.0%-2.1%
Guangzhou Hi-Target Navigation Tech 300177.SZChina$635M-30%-25%-32%n/a25.8%-10.6%
Filtronic FTC.LUnited Kingdom$639M-41%-1%7%72.5×59.4%+29.0%
Invengo Information Technology 002161.SZChina$538M-27%-2%-19%37.9×26.0%+4.9%
GHT 300711.SZChina$650M-26%+29%14%n/an/an/a
Raisecom Technology 603803.SSChina$518M-43%+8%-6%n/an/an/a
Frequency Electronics FEIMUnited States$679M+3%+6%8%51.7×n/an/a
Sichuan Tianyi Comheart Telecom 300504.SZChina$685M-1%+17%3%n/an/an/a
Suzhou Shijia Science & Technology 002796.SZChina$696M-67%-4%-7%n/a38.8%-10.4%
Creotech Instruments CRI.WAPoland$697M+15%+96%11%85.5×n/an/a
H&R Century Union 000892.SZChina$699M-4%+21%-52%n/an/an/a
TPK 3673.TWTaiwan$701M-9%+1%0%12.5×-14.1%-11.3%
Beijing UniStrong Science & Technology 002383.SZChina$712M-30%-1%-15%n/an/an/a
Suzhou Keda Technology 603660.SSChina$713M-31%-32%-59%n/an/an/a

Questions

Which companies are Sercomm's closest peers?
The cockpit's peer set: Tatwah Smartech (002512.SZ), Chengdu M&S Electronics Technology (688311.SS), Queclink Wireless Solutions (300590.SZ), Zhejiang Shengyang Science & Technology (603703.SS), MeiG Smart Technology (3268.HK), Gilat Satellite Networks (GILT), Beijing Jiaxun Feihong Electrical (300213.SZ), Guangzhou Hi-Target Navigation Tech (300177.SZ).
Is Sercomm expensive compared with its peers?
On forward p/e it trades at 9.3× against a peer median of 36.8×, cheapest of 11 in its peer set.
How has Sercomm stock performed?
Over six months to 6 Nov 2026 the shares returned -18.6% against -28.4% for the median peer; over one year -34.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.