Tehmag Foods Corp. AI Stock Analysis
Tehmag Foods Corp. (1264) AI Stock Analysis
Tehmag Foods Corp.
(TPEx:1264)
Tehmag earns an above-average score driven primarily by solid fundamentals — consistent profitability, a conservatively financed balance sheet, and a sharp rebound in free cash flow — combined with a compelling valuation at 11.2x earnings and a 6.4% dividend yield backed by real cash generation. The score is held back by weak technicals, with the share price trading below all major moving averages and momentum indicators in decline, and by fundamental growth concerns: flat revenue and earnings in the latest year alongside four straight years of gross margin erosion. The result is a financially sound, income-oriented holding whose near-term price trend and ability to reignite growth remain the key uncertainties.
Tehmag Foods Corp. (1264) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 8.93B
- Dividend Yield
- 6.22%
- Average Volume (3M)
- 25.30K
- Price to Earnings (P/E)
- 10.9
- Beta (1Y)
- 0.13
- Revenue Growth
- 3.48%
- EPS Growth
- 5.90%
- Country
- TW
- Employees
- 220
- Sector
- General
- Sector Strength
- 55
- Industry
- Packaged Foods
Tehmag Foods Corp. Business Overview & Revenue Model
Company Description
Tehmag Foods Corporation is a Taiwanese company deeply involved in the baking industry. The company's diverse product range for bakers includes essential ingredients for bread-making, such as various flours (including milled flour products), instant...
Tehmag Foods Corp. Financial Statement Overview
Summary
Tehmag shows a defensive, high-quality financial profile: stable net margins near 11%, return on equity of ~21%, and a conservatively funded balance sheet with debt-to-equity of just 0.18 and 62% equity funding of assets. Cash generation is a standout, with operating cash flow up ~30% to NT$1.04B and free cash flow rebounding to NT$778M (1.4x cash-to-earnings coverage). Offsetting these strengths, revenue and net income were essentially flat in the latest year after a multi-year growth run, and gross margin has eroded for four consecutive years (36.2% to 32.2%), pointing to input-cost or competitive pressure. Rising (though still modest) debt and lumpy capital spending are secondary watch items.
Income Statement
74PositiveBalance Sheet
80PositiveCash Flow
80Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.00B | 6.78B | 6.81B | 5.84B | 5.34B | 4.95B |
| Gross Profit | 2.24B | 2.18B | 2.20B | 1.94B | 1.84B | 1.79B |
| EBITDA | 1.27B | 1.25B | 1.26B | 1.11B | 1.04B | 1.03B |
| Net Income | 785.48M | 758.50M | 761.40M | 675.76M | 633.18M | 599.73M |
Balance Sheet | ||||||
| Total Assets | 6.19B | 5.93B | 5.61B | 4.80B | 4.71B | 4.26B |
| Cash, Cash Equivalents and Short-Term Investments | 1.07B | 1.07B | 907.03M | 988.99M | 998.94M | 859.11M |
| Total Debt | 542.78M | 650.19M | 564.27M | 220.74M | 313.01M | 203.07M |
| Total Liabilities | 1.79B | 1.43B | 1.35B | 933.53M | 1.07B | 889.42M |
| Stockholders Equity | 3.55B | 3.67B | 3.45B | 3.15B | 2.93B | 2.71B |
Cash Flow | ||||||
| Free Cash Flow | 576.46M | 777.91M | 207.96M | 643.62M | 480.31M | 568.83M |
| Operating Cash Flow | 941.75M | 1.04B | 797.65M | 686.75M | 611.57M | 684.06M |
| Investing Cash Flow | -530.09M | -518.12M | -376.46M | -69.55M | -354.69M | -89.83M |
| Financing Cash Flow | -376.02M | -574.60M | -301.67M | -648.35M | -458.58M | -606.94M |
Tehmag Foods Corp. Peers Comparison
Overall Rating
- TW:126470Outperform
TW:679068.2Neutral
TW:646956Neutral
TW:412844Neutral
TW:170243Neutral
TW:291341Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:1264 | 70Outperform | TWD 8.93B | 10.91 | ― | 6.22% | 3.48% | 5.90% |
| TW:6790 | 68Neutral | TWD 9.84B | 11.96 | ― | 7.19% | -3.83% | 17.72% |
| TW:6469 | 56Neutral | TWD 9.20B | 16.65 | ― | 5.46% | 4.00% | -25.06% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4128 | 44Neutral | TWD 7.85B | 14.95 | ― | ― | 4.85% | ― |
| TW:1702 | 43Neutral | TWD 7.65B | 46.74 | ― | 5.19% | -0.31% | -90.22% |
| TW:2913 | 41Neutral | TWD 8.02B | -59.49 | ― | ― | -10.64% | 1.99% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1264 | Tehmag Foods Corp. | 241.00 | -32.50 | -11.88% | |
| TW:1702 | Namchow Holdings Co., Ltd. | 30.85 | -6.87 | -18.22% | |
| TW:2913 | Taiwan Tea Corporation | 10.15 | -4.15 | -29.02% | |
| TW:4128 | Microbio Co., Ltd. | 13.55 | -7.15 | -34.54% | |
| TW:6469 | Great Tree Pharmacy Co., Ltd. | 57.80 | -36.31 | -38.59% | |
| TW:6790 | Yuen Foong Yu Consumer Products Co., Ltd. | 36.85 | 1.42 | 4.02% |
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