T3EX Global Holdings Corp. (2636) AI Stock Analysis

T3EX Global Holdings Corp.

(TWSE:2636)

Select Model

Rating:56Neutral

Price Target:TWD 68.00▼(-1.88% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is constrained by weakening revenue and profitability, increased leverage, and bearish technical trends. Attractive valuation, a high dividend yield, and improved 2025 cash generation provide meaningful support.

Positive Factors

Continued ProfitabilityThe company continues to generate profit despite softer revenue and materially lower margins than prior years. Maintaining positive earnings provides an operating base for investment and resilience, while demonstrating that the business remains economically viable through a period of weaker performance.

Negative Factors

Revenue and Margin ContractionRevenue contraction combined with significant operating and net margin compression points to weaker earnings power than in earlier years. If this trend persists, reduced profitability could limit reinvestment, weaken cash-generation potential, and make the company more sensitive to further pressure on pricing, mix, or costs.

T3EX Global Holdings Corp. (2636) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 9.53B
Dividend Yield: 7.22%
Average Volume (3M): 588.36K
Price to Earnings (P/E): 9.8
Beta (1Y): 0.38
Revenue Growth: -16.77%
EPS Growth: -23.50%
Country: TW
Employees: 1,447
Sector: General
Sector Strength: 55
Industry: Integrated Freight & Logistics

T3EX Global Holdings Corp. Business Overview & Revenue Model

Company Description

T3EX Global Holdings Corp. operates as an investment holding company, delivering a full spectrum of integrated logistics services across Taiwan, Hong Kong, China, East Asia, and other international regions. The company's operations are divided into t...

T3EX Global Holdings Corp. Financial Statement Overview

Summary

Financial performance is moderate: the income statement score is 48, the balance sheet score is 55, and the cash flow score is 58. Positive earnings and improved 2025 operating cash flow are offset by declining revenue and net income, higher leverage, weaker margins, and volatile cash generation.

Income Statement

48Neutral

Balance Sheet

55Neutral

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	20.97B	20.79B	25.45B	14.62B	28.22B	36.04B
Gross Profit	3.07B	3.33B	3.89B	2.92B	5.60B	8.13B
EBITDA	475.56M	1.05B	2.18B	2.39B	3.75B	5.30B
Net Income	964.63M	1.06B	1.29B	1.47B	2.55B	3.93B
Balance Sheet
Total Assets	23.78B	22.52B	21.07B	16.51B	17.70B	16.60B
Cash, Cash Equivalents and Short-Term Investments	15.98B	16.27B	13.86B	10.84B	11.48B	8.47B
Total Debt	9.48B	9.17B	6.92B	4.79B	4.39B	1.30B
Total Liabilities	13.96B	12.47B	10.59B	7.56B	8.69B	6.39B
Stockholders Equity	9.65B	9.84B	10.06B	8.62B	8.72B	10.02B
Cash Flow
Free Cash Flow	992.39M	2.44B	409.41M	-390.17M	1.65B	4.29B
Operating Cash Flow	1.05B	2.49B	500.07M	-348.06M	2.25B	4.37B
Investing Cash Flow	-2.10B	-955.91M	-1.54B	-1.79B	-329.42M	-254.95M
Financing Cash Flow	194.96M	1.61B	991.38M	-1.68B	565.71M	249.16M

T3EX Global Holdings Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2636 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2640	69Neutral	TWD 7.79B	13.80	―	6.08%	6.14%	2.06%
TW:6811	69Neutral	TWD 9.95B	13.63	―	4.37%	30.33%	25.72%
TW:2636	56Neutral	TWD 9.49B	9.84	―	7.22%	-16.77%	-23.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3289	55Neutral	TWD 9.76B	24.38	―	4.26%	-1.90%	-10.19%
TW:3709	52Neutral	TWD 9.16B	5.52	―	3.43%	27.54%	192.59%
TW:6125	40Underperform	TWD 10.21B	270.41	―	1.27%	28.63%	8.01%

* General Sector Average

Performance Comparison

TW:2636 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2636	T3EX Global Holdings Corp.	69.30	6.72	10.74%
TW:2640	Taiwan Taxi Co., Ltd.	131.50	6.53	5.23%
TW:3289	Integrated Service Technology Inc.	118.00	12.99	12.37%
TW:3709	Trigold Holdings Ltd.	62.90	8.32	15.25%
TW:6125	Kenmec Mechanical Engineering Co., Ltd.	39.40	-26.13	-39.87%
TW:6811	Acer E-Enabling Service Business Inc.	240.00	27.41	12.89%

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

T3EX Global Holdings Corp. AI Stock Analysis