AGV Products Corp. (1217) AI Stock Analysis

AGV Products Corp.

(TWSE:1217)

Select Model

Rating:48Neutral

Price Target:TWD 9.00▼(-3.33% Downside)

Action:initiatedcoverage

Date:11/09/26

Weak financial performance from margin pressure and negative cash flow is the primary drag, followed by bearish technical momentum; reasonable valuation offers limited support.

Positive Factors

Stable Revenue BaseRevenue has remained broadly stable across 2020–2025, indicating an established demand base despite the latest slowdown. That stability can support planning and operating continuity over the next several quarters, provided the company restores recent margin performance.

Negative Factors

Revenue ContractionThe latest revenue trend has turned negative after a broadly stable multi-year period, signaling weaker demand or reduced business momentum. Persistent contraction would limit operating leverage, reduce resources available for investment, and make recovery in earnings more dependent on cost controls.

AGV Products Corp. (1217) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.61B
Dividend Yield: 2.69%
Average Volume (3M): 433.79K
Price to Earnings (P/E): 14.5
Beta (1Y): 0.12
Revenue Growth: -0.12%
EPS Growth: 142.66%
Country: TW
Employees: 31,544
Sector: General
Sector Strength: 55
Industry: Packaged Foods

AGV Products Corp. Business Overview & Revenue Model

Company Description

AGV Products Corporation engages in the manufacturing, processing, and sale of beverages and canned goods in Taiwan and Mainland China. The company offers beverages, instant powders, fruit juices, dairy products, refrigerated series, desserts, tradit...

AGV Products Corp. Financial Statement Overview

Summary

Stable revenue but significant margin compression, rising debt, and sharply negative free cash flow indicate weakening financial health.

Income Statement

45Neutral

Balance Sheet

53Neutral

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.96B	5.04B	5.12B	4.90B	4.80B	4.71B
Gross Profit	1.33B	1.39B	1.45B	1.41B	1.44B	1.46B
EBITDA	211.89M	213.70M	411.15M	524.47M	553.43M	543.46M
Net Income	324.10M	208.67M	286.94M	200.94M	277.89M	201.18M
Balance Sheet
Total Assets	15.70B	15.59B	14.87B	14.02B	13.76B	13.84B
Cash, Cash Equivalents and Short-Term Investments	868.25M	963.68M	1.03B	838.51M	703.51M	733.34M
Total Debt	5.77B	5.67B	4.97B	5.05B	4.40B	5.14B
Total Liabilities	7.24B	7.01B	6.54B	6.46B	6.24B	6.44B
Stockholders Equity	7.68B	7.81B	7.54B	6.80B	6.75B	6.62B
Cash Flow
Free Cash Flow	346.77M	-70.37M	512.36M	308.35M	64.84M	-5.60M
Operating Cash Flow	490.56M	28.62M	604.75M	433.30M	128.57M	119.34M
Investing Cash Flow	-588.75M	-648.50M	-133.88M	-208.13M	-105.62M	-168.79M
Financing Cash Flow	152.07M	522.59M	-353.13M	-261.82M	-155.72M	81.00M

AGV Products Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1217 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:7738	77Outperform	TWD 4.36B	12.34	―	6.27%	―	―
TW:2752	73Outperform	TWD 4.80B	10.86	―	7.71%	10.56%	9.86%
TW:8905	56Neutral	TWD 4.11B	42.29	―	1.97%	10.41%	-5.43%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1217	48Neutral	TWD 4.61B	14.55	―	2.69%	-0.12%	142.66%
TW:6101	45Neutral	TWD 4.28B	27.83	―	―	101.67%	―

* General Sector Average

Performance Comparison

TW:1217 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1217	AGV Products Corp.	9.31	-0.64	-6.45%
TW:2752	Tofu Restaurant Co., Ltd.	175.00	-24.44	-12.25%
TW:6101	Kwan's International Co., Ltd.	37.80	-0.10	-0.26%
TW:7738	Eastern Union Interactive Corp.	159.50	-28.60	-15.20%
TW:7867	Test Rite Retail Co., Ltd.	43.00	-5.51	-11.35%
TW:8905	Eagle Cold Storage Enterprise Co., Ltd.	35.95	5.73	18.94%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 09, 2026

AGV Products Corp. AI Stock Analysis