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Evertop Wire Cable Corporation (1616) AI Stock Analysis

TW:1616

Evertop Wire Cable Corporation

(TWSE:1616)

Select Model
Rating:56Neutral
Price Target:TWD 16.00â–²(0.95% Upside)
Action:initiatedcoverage
Date:11/10/26

The score is primarily constrained by weak cash conversion, declining net income, and negative technical momentum. A relatively solid balance sheet and high dividend yield provide support, but the elevated P/E ratio and broader price downtrend limit the overall rating.

Positive Factors
Moderate LeverageDebt equal to about half of equity indicates a manageable capital structure and provides more balance-sheet resilience than the company had during 2020–2022. Lower leverage can preserve borrowing capacity and support continued investment through normal industry cycles.
Negative Factors
Weak Cash ConversionOperating cash flow remains very low relative to reported earnings, and the sharp free-cash-flow decline indicates inconsistent conversion of profit into usable funds. This can reduce financial flexibility and make internally funded investment or shareholder returns less dependable.

Evertop Wire Cable Corporation (1616) vs. SPDR S&P 500 ETF (SPY)

-50%-40%-30%-20%-10%0%10%20%TW:1616-44.35%SPY+12.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 2.99B
Dividend Yield
8.57%
Average Volume (3M)
288.28K
Price to Earnings (P/E)
36.0
Beta (1Y)
0.49
Revenue Growth
1.98%
EPS Growth
-95.72%
Country
TW
Employees
519
Sector
General
Sector Strength
55
Industry
Electrical Equipment & Parts

Evertop Wire Cable Corporation Business Overview & Revenue Model

Company Description

Evertop Wire Cable Corporation, a Taiwanese enterprise, specializes in the innovation, production, and distribution of a diverse array of wire and cable solutions. Marketed under the EVERTOP brand, their comprehensive portfolio encompasses bare and i...

Evertop Wire Cable Corporation Financial Statement Overview

Summary

The balance sheet is relatively strong, but improved profitability is offset by declining net income, negative reported revenue growth, and weak, inconsistent cash conversion.

Income Statement

62Positive

Balance Sheet

76Positive

Cash Flow

35Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue5.46B5.21B4.59B4.11B3.72B3.21B
Gross Profit653.60M783.36M498.20M471.79M295.25M278.08M
EBITDA349.10M601.96M649.72M398.91M116.15M200.06M
Net Income82.98M293.80M387.43M225.72M18.45M94.56M
Balance Sheet
Total Assets4.48B4.28B4.38B3.34B3.23B3.13B
Cash, Cash Equivalents and Short-Term Investments613.65M558.63M1.09B190.72M388.14M462.48M
Total Debt1.25B1.12B1.19B670.04M1.05B1.04B
Total Liabilities2.42B2.06B2.17B1.46B1.58B1.53B
Stockholders Equity2.06B2.22B2.21B1.88B1.66B1.59B
Cash Flow
Free Cash Flow-512.78M42.38M-100.49M316.54M-143.56M10.32M
Operating Cash Flow-417.91M136.57M-55.64M361.68M-15.11M33.97M
Investing Cash Flow-250.97M-295.07M399.61M-39.11M-137.18M-89.45M
Financing Cash Flow194.93M-357.33M442.13M-402.88M20.31M173.04M

Evertop Wire Cable Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:1616 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:3025TW:302574OutperformTWD 2.78B10.39―6.54%33.73%81.12%
TW:1339TW:133971OutperformTWD 2.94B7.28―6.30%-10.90%163.84%
TW:1616TW:161656NeutralTWD 3.00B36.02―8.57%1.98%-95.72%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:1617TW:161746NeutralTWD 3.31B14.38―3.07%11.94%―
TW:3552TW:355238UnderperformTWD 3.08B-9.39―1.59%-3.76%-661.55%

* General Sector Average

Performance Comparison

-50%0%50%TW:1616TW:1339TW:1617TW:3025TW:3552TW:6722Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:1616 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:1616Evertop Wire Cable Corporation15.85-13.67-46.30%
TW:1339Y.C.C. Parts Mfg. Co., Ltd.39.70-1.83-4.40%
TW:1617Jung Shing Wire Co., Ltd.19.554.5330.19%
TW:3025Loop Telecommunication International, Inc.48.955.7113.21%
TW:3552Tung Thih Electronic Co., Ltd.31.45-38.21-54.85%
TW:6722Whetron Electronics Co., Ltd.29.65-27.95-48.53%
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