Dao Securities stated that ADVICE reported a second-quarter fiscal 2026 net profit of 137 million baht, up 83 percent from a year earlier and 18 percent from the previous quarter, marking a new record high. The result beat the consensus estimate and Dao Securities' forecast by 14 percent and 11 percent respectively. Revenue also reached a new high of 4.5 billion baht, rising 13 percent year on year and 5 percent quarter on quarter, supported by stronger demand for IT products and accelerated purchasing ahead of expected price increases. The smartphone segment grew strongly, especially Android devices, while Apple growth slowed because of product shortages. Gross margin was robust at 12.5 percent, compared with 10.4 percent in the second quarter of fiscal 2025 and 12.4 percent in the first quarter of fiscal 2026, helped by higher selling prices while costs remained stable. Dao Securities maintained its 2026 profit forecast of 430 million baht, up 61 percent from the previous year. First-half profit already accounted for 59 percent of the full-year estimate, and second-half profit is expected to remain strong across all revenue segments, particularly Apple as the supply shortage improves and new iPhone models are launched, while gross margin stays solid. The broker kept a buy rating with a target price of 8.50 baht, based on a 2026 price-to-earnings ratio of 12.3 times. Catalysts include better-than-expected second-quarter fiscal 2026 earnings and a strong second-half profit outlook. The stock currently trades at a 2026 price-to-earnings ratio of 10.6 times, about 0.5 standard deviations below its two-year average, and offers a high dividend yield of 6.5 percent. ADVICE announced a first-half dividend of 0.23 baht per share, representing a dividend yield of 3.1 percent.
Advice It Infinite PclRecord Q2 profit beat estimates, raised dividend, and maintained buy rating with higher target price.
