Audix Corporation (2459) AI Stock Analysis

Audix Corporation

(TWSE:2459)

Select Model

Rating:66Neutral

Price Target:TWD 66.00▲(9.09% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported by an attractive valuation and a strong balance sheet, but declining operating performance, weakening cash generation, and bearish technical positioning materially reduce the overall assessment.

Positive Factors

Consistent ProfitabilitySustained gross and net margins show that Audix retains meaningful profitability across its audio-component activities. This provides internal funding for product development and operations, while a stable margin base can help the company remain resilient as demand shifts across consumer electronics cycles.

Negative Factors

Cyclical Revenue ProfileThe sharp change in revenue between 2023 and 2024 indicates that Audix remains exposed to fluctuations in consumer-electronics demand. Such cyclicality can make capacity planning, earnings forecasting, and sustained growth more difficult, even when the company remains profitable through the cycle.

Audix Corporation (2459) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 6.39B
Dividend Yield: 6.94%
Average Volume (3M): 86.28K
Price to Earnings (P/E): 12.6
Beta (1Y): 0.32
Revenue Growth: 10.91%
EPS Growth: -12.58%
Country: TW
Employees: 3,349
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

Audix Corporation Business Overview & Revenue Model

Company Description

Established in Taipei, Taiwan, in 1980, Audix Corporation operates as a diversified manufacturer and distributor within the electronics sector. The company's manufacturing expertise spans a broad spectrum of products, from core electronic components...

Audix Corporation Financial Statement Overview

Summary

The balance sheet is strong, with declining debt and higher equity, but this is offset by weakening revenue, operating profitability, and cash flow. The combined financial statement score is approximately 66.7, rounded to 67.

Income Statement

65Positive

Balance Sheet

80Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.14B	4.91B	5.17B	7.42B	7.85B	6.99B
Gross Profit	1.58B	1.40B	1.47B	1.45B	1.83B	1.48B
EBITDA	848.28M	846.88M	1.28B	1.29B	1.48B	1.22B
Net Income	590.97M	545.59M	561.80M	576.84M	573.31M	529.49M
Balance Sheet
Total Assets	9.72B	9.37B	9.64B	10.05B	10.45B	9.32B
Cash, Cash Equivalents and Short-Term Investments	4.22B	4.22B	4.71B	3.67B	4.15B	4.55B
Total Debt	1.98B	2.29B	2.50B	2.54B	2.99B	2.70B
Total Liabilities	3.37B	3.26B	3.60B	4.37B	4.85B	4.32B
Stockholders Equity	5.95B	5.72B	5.65B	5.28B	5.17B	4.62B
Cash Flow
Free Cash Flow	354.68M	394.34M	503.44M	770.73M	448.52M	452.53M
Operating Cash Flow	518.42M	551.60M	615.34M	898.00M	671.19M	685.66M
Investing Cash Flow	-219.77M	160.02M	-969.86M	123.17M	-733.86M	-837.79M
Financing Cash Flow	-269.28M	-637.64M	-564.59M	-966.68M	-171.96M	-36.42M

Audix Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2459 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:7556	69Neutral	TWD 7.11B	24.72	―	1.65%	19.56%	49.15%
TW:2459	66Neutral	TWD 6.37B	12.60	―	6.94%	10.91%	-12.58%
TW:8103	64Neutral	TWD 6.73B	15.64	―	6.63%	14.31%	81.39%
TW:4760	58Neutral	TWD 8.00B	23.56	―	1.68%	40.88%	82.38%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3003	54Neutral	TWD 7.46B	19.54	―	2.06%	11.87%	44.15%
TW:3543	39Underperform	TWD 7.03B	-20.04	―	1.29%	-5.18%	-93.55%

* General Sector Average

Performance Comparison

TW:2459 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2459	Audix Corporation	60.50	-2.02	-3.23%
TW:3003	K.S. Terminals Inc.	48.50	1.31	2.77%
TW:3543	JOCHU Technology Co. Ltd.	46.65	2.43	5.50%
TW:4760	AMPLE Electronic Technology Co., Ltd.	262.00	95.31	57.18%
TW:7556	Yeedex Electronic Corp.	245.00	92.82	61.00%
TW:8103	Cvilux Corporation	91.50	7.67	9.15%

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 10, 2026

Audix Corporation AI Stock Analysis