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3434.TWO — — Communications & Networking

3434.Two

$28,35
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Mcap
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P/E
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EV / Rev
—
Div yield
1,41 %
Op margin
4,1 %
ROE
3,1 %
Net margin
2,3 %
Debt / equity
0,25
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

3434.TWO is a communications equipment company that generates revenue primarily through the design, development, and sale of communication and networking technologies.

Business. 3434.TWO is a communications equipment company that generates revenue primarily through the design, development, and sale of communication and networking technologies.

Classification92 %
SectorTechnology
Business sectorTechnology Equipment
IndustryCommunications & Networking
ActivityCommunications Equipment
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
45
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
3,1 %
return on equity
Quality→
55
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 3434.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services———

    Developing storylines

    No tracked sagas currently linked to 3434.TWO. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score45 / 100
    Composite score 0-100 · Data quality 0,55
    Data quality0,55 / 1.00

    Synthesis

    Business

    3434.TWO is a communications equipment company that generates revenue primarily through the design, development, and sale of communication and networking technologies.

    Classification92 %
    SectorTechnology
    Business sectorTechnology Equipment
    IndustryCommunications & Networking
    ActivityCommunications Equipment
    AI synthesis
    GENERATED

    3434.TWO has a debt-to-equity ratio of 0.25, indicating a relatively conservative capital structure with a strong equity base. The company's current ratio of 3.65 suggests it has sufficient short-term assets to cover its short-term liabilities, which is a positive sign for liquidity. However, the company's free cash flow is negative at -53.74 million TWD, and capital expenditures are -61.74 million TWD, indicating significant investment in long-term assets.

    In terms of profitability, 3434.TWO's return on equity (ROE) is 3.13%, and its return on assets (ROA) is 2.24%. These figures are below the industry median for ROE and ROA in the Communications & Networking sector, suggesting that the company is underperforming relative to its peers in terms of generating returns from its equity and assets.

    The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of segment and geographic diversification could expose the company to higher operational and market risks if demand in its primary market fluctuates.

    Looking at the growth trajectory, 3434.TWO's revenue has shown a decline in the most recent fiscal year, with a year-over-year decrease. The company is expected to continue facing challenges in the next fiscal year, with a projected decline in revenue. This trend is consistent with the broader industry, where demand for communications equipment has been affected by macroeconomic headwinds.

    The company's risk profile includes a medium liquidity risk due to its negative free cash flow and significant capital expenditures. While the dilution risk is currently low, the company's net cash position is negative after subtracting total debt, which could necessitate future equity or debt financing. This could lead to potential dilution for existing shareholders if the company issues additional shares to fund operations or growth initiatives.

    Recent events, including the company's latest financial filing, indicate a focus on maintaining operational stability amid challenging market conditions. The company has not disclosed any major strategic changes or new product launches in the most recent quarter, suggesting a conservative approach to capital allocation and business expansion.

    Key takeaways
    • 3434.TWO has a conservative capital structure with a low debt-to-equity ratio of 0.25 and a strong current ratio of 3.65.
    • The company's ROE and ROA are below the industry median, indicating underperformance in generating returns from equity and assets.
    • The company's revenue is concentrated in a single business segment, with no geographic diversification disclosed, increasing operational and market risk.
    • 3434.TWO is experiencing a decline in revenue and is expected to continue facing challenges in the next fiscal year.
    • The company's liquidity risk is medium due to negative free cash flow and significant capital expenditures, and its net cash position is negative after subtracting total debt.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $28,35
    Market cap
    —
    Enterprise valueⓘ
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    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $502.6M
    Net cashⓘ
    -$127.1M
    Current ratioⓘ
    3.6
    Debt / equityⓘ
    0.2
    ROAⓘ
    2.2%
    ROEⓘ
    3.1%
    Cash conversionⓘ
    26.0%
    CapEx / revenueⓘ
    -8.9%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin4,1 %Above median
    Net Margin2,3 %Above median
    ROE3,1 %Above median
    Capex / Rev-8,9 %Bottom quartile
    D/E0,25Below median
    Cash Conv0,26Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 3434.TWO Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3434.TWOCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage