Unitech Computer Co., Ltd. (2414) AI Stock Analysis

Unitech Computer Co., Ltd.

(TWSE:2414)

Select Model

Rating:64Neutral

Price Target:TWD 51.00▲(6.25% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily driven by solid financial performance and attractive valuation metrics, tempered by weaker technical signals indicating recent price weakness.

Positive Factors

Revenue RecoveryThe sharp 2025 revenue rebound indicates that demand can recover meaningfully after a softer period, supporting customer relevance and operating scale. If this recovery persists, higher utilization and broader PCB demand could strengthen earnings capacity over the next several quarters.

Negative Factors

Thin Profit MarginsPersistently thin gross and net margins leave limited protection if pricing weakens or operating costs rise. This reduces the amount of revenue that becomes profit, makes earnings more sensitive to modest execution changes, and can constrain internally funded investment over the medium term.

Unitech Computer Co., Ltd. (2414) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 7.88B
Dividend Yield: 6.22%
Average Volume (3M): 159.21K
Price to Earnings (P/E): 10.8
Beta (1Y): 0.34
Revenue Growth: 35.65%
EPS Growth: 43.54%
Country: TW
Employees: 820
Sector: General
Sector Strength: 55
Industry: Computer Hardware

Unitech Computer Co., Ltd. Business Overview & Revenue Model

Company Description

Headquartered in Taipei, Taiwan, Unitech Computer Co., Ltd. operates as a key supplier of information technology products within the country. The company offers a comprehensive array of computing and digital solutions, encompassing various types of c...

Unitech Computer Co., Ltd. Financial Statement Overview

Summary

Revenue growth and solid balance sheet with moderate debt support stability, though thin margins and cash flow volatility pose risks.

Income Statement

65Positive

Balance Sheet

70Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.83B	28.40B	24.03B	23.12B	25.07B	23.90B
Gross Profit	2.59B	2.25B	2.03B	1.92B	2.09B	2.11B
EBITDA	1.06B	828.21M	753.40M	649.98M	823.29M	844.10M
Net Income	663.98M	512.68M	431.83M	384.88M	498.16M	556.03M
Balance Sheet
Total Assets	18.04B	10.34B	9.75B	8.16B	10.01B	8.39B
Cash, Cash Equivalents and Short-Term Investments	1.28B	1.14B	1.15B	1.01B	1.09B	948.81M
Total Debt	7.54B	1.51B	2.02B	1.02B	2.25B	969.86M
Total Liabilities	13.72B	5.95B	5.50B	4.03B	5.85B	4.33B
Stockholders Equity	3.15B	3.23B	3.12B	3.04B	3.06B	3.01B
Cash Flow
Free Cash Flow	-5.29B	863.82M	-565.67M	1.69B	-588.12M	403.86M
Operating Cash Flow	-5.24B	905.41M	-502.36M	1.77B	-515.81M	504.78M
Investing Cash Flow	-149.88M	-481.94M	340.93M	-486.42M	179.54M	-239.46M
Financing Cash Flow	5.43B	-936.00M	693.00M	-1.77B	700.86M	71.13M

Unitech Computer Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2414 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6263	75Outperform	TWD 9.84B	17.67	―	4.97%	0.94%	4.67%
TW:3611	68Neutral	TWD 8.42B	9.06	―	5.52%	6.22%	19.69%
TW:2414	64Neutral	TWD 8.50B	10.81	―	6.22%	35.65%	43.54%
TW:3479	59Neutral	TWD 7.72B	14.47	―	4.38%	10.71%	1.91%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2331	51Neutral	TWD 8.70B	26.78	―	1.35%	9.67%	-52.16%

* General Sector Average

Performance Comparison

TW:2414 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2414	Unitech Computer Co., Ltd.	48.00	8.98	23.02%
TW:2331	Elitegroup Computer Systems Co., Ltd.	15.35	-5.15	-25.12%
TW:3479	Avalue Technology Inc.	105.50	6.72	6.80%
TW:3611	TSC Auto ID Technology Co., Ltd.	181.00	-10.03	-5.25%
TW:6263	Planet Technology Corporation	157.00	30.19	23.81%
TW:7710	ASRock Industrial Computer Corporation	122.00	-169.52	-58.15%

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

Unitech Computer Co., Ltd. AI Stock Analysis