Globe Industries Corp. Ltd. AI Stock Analysis
Globe Industries Corp. Ltd. (1324) AI Stock Analysis
Globe Industries Corp. Ltd.
(TWSE:1324)
The score is held back primarily by deteriorating fundamentals: five years of shrinking revenue, sharp margin compression, a swing to a NT$61.3 million net loss, and negative operating and free cash flow. A debt-light balance sheet with equity funding most assets limits solvency risk and buys management time to stabilize the business. Technicals are neutral to mildly negative, with the price still below its 50-, 100-, and 200-day moving averages and a slightly negative MACD. Valuation offers little support given negative earnings, though a 2.0% dividend yield provides modest income. The investment case depends on management restoring revenue growth and gross margins before further equity erosion.
Globe Industries Corp. Ltd. (1324) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 703.89M
- Dividend Yield
- 2.12%
- Average Volume (3M)
- 49.39K
- Price to Earnings (P/E)
- -29.5
- Beta (1Y)
- 0.13
- Revenue Growth
- -12.03%
- EPS Growth
- 25.26%
- Country
- TW
- Employees
- 263
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Specialties
Globe Industries Corp. Ltd. Business Overview & Revenue Model
Company Description
Operating worldwide, Globe Industries Corporation focuses on the manufacturing and global trade of adhesive tapes. The company's diverse offerings include various PVC tapes, such as those for floor marking, can sealing, ductwork, electrical insulatio...
Globe Industries Corp. Ltd. Financial Statement Overview
Summary
A very conservative balance sheet (debt-to-equity of just 0.10, equity funding ~82% of assets) is the one clear strength, but it is offset by a weak and deteriorating operating business. Revenue has fallen for most of the past five years to NT$734 million, gross margin compressed to 13.7% from 21.4% in 2023, and the company swung to a net loss of NT$61.3 million with negative operating income and EBITDA. Cash flow is also negative, with operating cash flow at -NT$7.1 million and free cash flow at -NT$61.9 million, a second consecutive year of cash burn. Financial risk is low, but earnings and cash momentum are poor.
Income Statement
24NegativeBalance Sheet
72PositiveCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 689.64M | 733.98M | 795.20M | 921.41M | 983.02M | 1.08B |
| Gross Profit | 104.72M | 100.59M | 143.90M | 197.04M | 153.79M | 165.11M |
| EBITDA | 16.42M | -22.50M | 42.36M | 82.19M | 52.62M | 51.37M |
| Net Income | -23.20M | -61.28M | 6.83M | 39.46M | 4.80M | 635.00K |
Balance Sheet | ||||||
| Total Assets | 1.12B | 1.08B | 1.17B | 1.21B | 1.18B | 1.25B |
| Cash, Cash Equivalents and Short-Term Investments | 389.72M | 369.08M | 429.77M | 481.22M | 396.87M | 349.40M |
| Total Debt | 116.05M | 85.64M | 75.87M | 97.38M | 88.73M | 132.57M |
| Total Liabilities | 221.90M | 189.72M | 198.12M | 240.55M | 222.82M | 296.27M |
| Stockholders Equity | 896.34M | 892.55M | 967.29M | 971.10M | 953.59M | 949.04M |
Cash Flow | ||||||
| Free Cash Flow | -12.41M | -61.88M | -11.42M | 35.56M | 52.84M | -39.94M |
| Operating Cash Flow | -2.89M | -7.07M | 41.33M | 82.44M | 81.16M | -30.94M |
| Investing Cash Flow | -6.54M | -52.62M | -57.81M | -46.87M | -28.19M | -8.86M |
| Financing Cash Flow | -4.60M | -3.68M | -18.53M | -16.90M | -16.70M | -25.32M |
Globe Industries Corp. Ltd. Peers Comparison
Overall Rating
TW:443252Neutral- TW:132443Neutral
TW:134040Underperform
TW:842138Underperform
TW:848835Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4432 | 52Neutral | TWD 784.13M | 3.21 | ― | 2.58% | -14.51% | 742.90% |
| TW:1324 | 43Neutral | TWD 709.90M | -29.52 | ― | 2.12% | -12.03% | 25.26% |
| TW:1340 | 40Underperform | TWD 730.97M | -2.10 | ― | ― | -84.09% | 50.07% |
| TW:8421 | 38Underperform | TWD 853.77M | 31.39 | ― | ― | 10.54% | ― |
| TW:8488 | 35Underperform | TWD 606.38M | -14.73 | ― | ― | 28.79% | 51.37% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1324 | Globe Industries Corp. Ltd. | 9.27 | -1.38 | -12.96% | |
| TW:1340 | Victory New Materials Ltd. Co. | 4.83 | -2.28 | -32.07% | |
| TW:4432 | Hakers Enterprise Co., Ltd. | 15.50 | -0.11 | -0.72% | |
| TW:7862 | AceGreen Eco-Material Technology Co Ltd | 16.25 | -35.53 | -68.62% | |
| TW:8421 | Xu Yuan Packaging Technology Co., Ltd. | 14.00 | 1.92 | 15.87% | |
| TW:8488 | Jiyuan Packaging Holdings Ltd. | 8.27 | -2.08 | -20.10% |
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