Mospec Semiconductor Corp. (2434) AI Stock Analysis

Mospec Semiconductor Corp.

(TWSE:2434)

Select Model

Rating:42Neutral

Price Target:TWD 41.00▼(-10.48% Downside)

Action:initiatedcoverage

Date:11/09/26

The low score is primarily driven by weak financial performance from revenue declines and severe cash burn. Negative P/E valuation adds further pressure, while technical indicators offer only neutral support from oversold conditions.

Positive Factors

Broad Product PortfolioA broad portfolio across rectifiers, diodes, MOSFETs and related power devices gives Mospec multiple avenues to serve power conversion and protection needs. Product breadth can support customer retention and reduce reliance on one specific component category over the coming quarters.

Negative Factors

Multi-Year Revenue ContractionThe multi-year revenue decline indicates sustained pressure on the company’s business scale rather than a single weak quarter. A smaller revenue base can reduce operating leverage, weaken customer and supplier economics, and make it harder for Mospec to recover margins through fixed-cost absorption.

Mospec Semiconductor Corp. (2434) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.64B
Dividend Yield: ―
Average Volume (3M): 595.36K
Price to Earnings (P/E): -28.3
Beta (1Y): 0.65
Revenue Growth: 8.72%
EPS Growth: -411.56%
Country: TW
Employees: 457
Sector: General
Sector Strength: 55
Industry: Semiconductors

Mospec Semiconductor Corp. Business Overview & Revenue Model

Company Description

Mospec Semiconductor Corporation is a Taiwanese entity that operates as a comprehensive provider of integrated power semiconductor solutions. The company's product portfolio spans solar-related components, including photovoltaic cells, epitaxial sili...

Mospec Semiconductor Corp. Financial Statement Overview

Summary

Declining revenues and deeply negative cash flows indicate operational challenges, partially mitigated by a stable balance sheet with moderate debt levels.

Income Statement

29Negative

Balance Sheet

64Positive

Cash Flow

17Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	49.76M	45.55M	50.71M	63.08M	91.87M	135.37M
Gross Profit	-25.42M	-22.84M	5.91M	4.89M	-12.85M	25.20M
EBITDA	-13.05M	-37.64M	36.66M	-9.56M	-9.69M	-7.52M
Net Income	-18.08M	768.00K	5.25M	-36.31M	-34.95M	-18.84M
Balance Sheet
Total Assets	674.20M	703.52M	729.27M	650.14M	678.87M	653.54M
Cash, Cash Equivalents and Short-Term Investments	28.54M	104.18M	194.80M	78.93M	124.97M	98.16M
Total Debt	145.75M	161.28M	195.86M	121.96M	105.15M	28.09M
Total Liabilities	225.70M	232.07M	257.01M	186.81M	178.27M	123.14M
Stockholders Equity	448.50M	471.46M	472.26M	463.33M	500.60M	530.40M
Cash Flow
Free Cash Flow	-134.30M	-119.47M	-66.74M	-29.49M	-106.02M	-65.10M
Operating Cash Flow	-42.67M	-48.55M	-22.99M	-18.89M	-51.96M	-4.52M
Investing Cash Flow	38.23M	63.69M	-36.74M	10.74M	-54.05M	-56.07M
Financing Cash Flow	-462.00K	-32.47M	70.15M	16.81M	77.07M	121.86M

Mospec Semiconductor Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2434 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8032	57Neutral	TWD 1.62B	8.99	―	3.80%	33.20%	107.84%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6684	50Neutral	TWD 1.84B	-19.91	―	―	-5.97%	-188.13%
TW:2434	42Neutral	TWD 1.71B	-28.27	―	―	8.72%	-411.56%
TW:8084	39Underperform	TWD 1.44B	-4.89	―	―	-18.92%	-229.71%
TW:4923	38Underperform	TWD 1.63B	27.97	―	―	27.13%	―
TW:6552	37Underperform	TWD 1.59B	-1.50	―	1.04%	-28.07%	-245.38%

* General Sector Average

Performance Comparison

TW:2434 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2434	Mospec Semiconductor Corp.	45.80	12.40	37.13%
TW:4923	Force-MOS Technology Co., Ltd.	44.05	14.90	51.11%
TW:6552	JMC Electronics Co., Ltd.	19.05	-6.15	-24.40%
TW:6684	Algoltek, Inc.	41.05	-14.15	-25.63%
TW:8032	Koryo Electronics Co., Ltd.	31.55	-6.01	-16.01%
TW:8084	Chip Hope Co., Ltd.	8.19	-40.96	-83.34%

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

Mospec Semiconductor Corp. AI Stock Analysis