President Securities Corp. (2855) AI Stock Analysis

President Securities Corp.

(TWSE:2855)

Select Model

Rating:57Neutral

Price Target:TWD 50.00▲(0.40% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 57 reflects a tug-of-war between very attractive valuation and weak technicals, set against a mixed financial backdrop. The primary positive is the extremely low 5.2x P/E ratio and high 4.36% dividend yield, which suggest the stock is undervalued. However, this is countered by a bearish technical trend with the price below all major moving averages and weak momentum. Financially, strong profitability is overshadowed by a concerning increase in debt, elevating the company's risk profile.

Positive Factors

Strong ProfitabilityConsistently high profit conversion and healthy margins provide a durable earnings buffer for a securities firm, while resilient net income and a 2025 high indicate effective monetization of its client and trading franchise. This can support reinvestment and distributions.

Negative Factors

Rising LeverageThe sharp increase in debt-to-equity to above 2x materially reduces financial flexibility compared with earlier periods. Higher leverage can constrain capital allocation and leave less room to absorb weaker market conditions, making the business more sensitive to downturns.

President Securities Corp. (2855) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 80.39B
Dividend Yield: 4.24%
Average Volume (3M): 4.27M
Price to Earnings (P/E): 5.2
Beta (1Y): 0.99
Revenue Growth: 544.86%
EPS Growth: 347.96%
Country: TW
Employees: 2,202
Sector: General
Sector Strength: 55
Industry: Financial - Capital Markets

President Securities Corp. Business Overview & Revenue Model

Company Description

President Securities Corporation, along with its affiliated entities, delivers a broad spectrum of financial services primarily within the People's Republic of China. These operations encompass brokerage activities, proprietary trading, fixed income...

President Securities Corp. Financial Statement Overview

Summary

Mixed financial profile. The income statement is strong (Score 72) with robust revenue growth and margin expansion, but the balance sheet is weak (Score 45) due to a sharp rise in leverage to 2.23x. Cash flow (Score 55) has improved but has a historically inconsistent record. The high debt level is a significant risk that offsets strong profitability.

Income Statement

72Positive

Balance Sheet

45Neutral

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	54.51B	11.40B	15.94B	11.13B	2.48B	15.64B
Gross Profit	52.23B	9.32B	14.94B	10.33B	1.67B	14.64B
EBITDA	19.37B	7.20B	6.89B	4.46B	1.43B	5.00B
Net Income	15.43B	4.80B	4.37B	2.88B	729.37M	4.01B
Balance Sheet
Total Assets	395.22B	249.78B	193.47B	140.67B	94.89B	117.69B
Cash, Cash Equivalents and Short-Term Investments	20.78B	25.44B	73.62B	62.29B	33.09B	39.78B
Total Debt	104.09B	87.53B	58.56B	48.98B	15.03B	21.05B
Total Liabilities	345.19B	210.30B	158.08B	108.52B	65.08B	85.92B
Stockholders Equity	48.03B	39.30B	35.29B	32.05B	29.72B	31.68B
Cash Flow
Free Cash Flow	9.43B	641.98M	-7.42B	-21.10B	7.09B	2.05B
Operating Cash Flow	9.74B	910.92M	-7.13B	-20.88B	7.45B	2.29B
Investing Cash Flow	-64.43B	-13.16B	-553.50M	-269.57M	-943.03M	-327.00M
Financing Cash Flow	59.48B	12.61B	10.03B	20.47B	-6.15B	-1.31B

President Securities Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2855 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6023	74Outperform	TWD 35.26B	8.99	―	5.00%	20.43%	16.61%
TW:6005	63Neutral	TWD 67.77B	5.63	―	1.46%	80.75%	158.29%
TW:2838	59Neutral	TWD 90.31B	14.24	―	2.34%	-6.39%	27.60%
TW:2845	58Neutral	TWD 62.04B	12.35	―	4.08%	-13.12%	18.06%
TW:2855	57Neutral	TWD 81.83B	5.18	―	4.24%	544.86%	347.96%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2889	55Neutral	TWD 58.31B	13.18	―	3.13%	65.79%	174.93%

* General Sector Average

Performance Comparison

TW:2855 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2855	President Securities Corp.	49.80	26.05	109.73%
TW:2838	Union Bank of Taiwan	19.65	2.18	12.47%
TW:2845	Far Eastern International Bank	12.60	0.52	4.33%
TW:2889	IBF Financial Holdings Co., Ltd.	15.95	0.64	4.16%
TW:6005	Capital Securities Corp.	27.40	5.73	26.46%
TW:6023	Yuanta Futures Co., Ltd.	80.00	3.15	4.10%

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

President Securities Corp. AI Stock Analysis