ITE Tech, Inc. AI Stock Analysis
ITE Tech, Inc. (3014) AI Stock Analysis
ITE Tech, Inc.
(TWSE:3014)
The score is driven primarily by ITE Tech's strong financial profile — high margins, an essentially debt-free balance sheet, healthy ROE and excellent free cash flow conversion on very low capital intensity. Valuation adds meaningful support, with a 12.2x P/E and a near 6.9% dividend yield that is well covered by cash generation. The main drag is technical: the stock trades below all key moving averages with negative MACD momentum, and recent fundamentals show slowing revenue growth, a year-over-year decline in net income and margin compression in a cyclical end market. Earnings call and corporate event data were unavailable and excluded, with their weight redistributed across the remaining components.
ITE Tech, Inc. (3014) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 22.15B
- Dividend Yield
- 6.64%
- Average Volume (3M)
- 1.43M
- Price to Earnings (P/E)
- 12.3
- Beta (1Y)
- 0.83
- Revenue Growth
- -1.73%
- EPS Growth
- 8.63%
- Country
- TW
- Employees
- 10,771
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
ITE Tech, Inc. Business Overview & Revenue Model
Company Description
ITE Tech. Inc engages in the design and development of PC and mobile phone controller chips in Taiwan, Asia, and internationally. The company provides computer chipsets, super input/output integrated circuits, highly integrated circuits, integrated c...
ITE Tech, Inc. Financial Statement Overview
Summary
ITE Tech combines strong profitability with a fortress balance sheet. Gross margin near 54%, operating margin of about 26% and net margin of roughly 22% are well above typical fabless-chip levels, and the company is effectively debt-free (debt-to-equity near 1%) with equity funding 77% of assets and ROE around 21.7%. Cash flow is a further strength: operating cash flow rebounded to roughly NT$1.86 billion with free cash flow of about NT$1.81 billion on minimal capex, converting roughly 97% of net income into free cash. Offsetting these strengths, revenue growth has slowed to single digits, net income fell about 6% to NT$1.53 billion, margins compressed across the board, and both revenue and cash flow remain highly cyclical.
Income Statement
76PositiveBalance Sheet
92Very PositiveCash Flow
85Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.87B | 6.95B | 6.63B | 6.28B | 5.21B | 7.18B |
| Gross Profit | 3.79B | 3.75B | 3.69B | 3.42B | 2.73B | 3.78B |
| EBITDA | 1.96B | 1.90B | 2.06B | 2.00B | 1.52B | 2.16B |
| Net Income | 1.64B | 1.53B | 1.63B | 1.59B | 1.22B | 1.81B |
Balance Sheet | ||||||
| Total Assets | 11.05B | 9.16B | 8.80B | 8.21B | 6.67B | 8.64B |
| Cash, Cash Equivalents and Short-Term Investments | 5.49B | 4.60B | 4.27B | 3.70B | 2.45B | 3.51B |
| Total Debt | 73.46M | 76.98M | 87.82M | 83.16M | 87.49M | 93.77M |
| Total Liabilities | 3.70B | 2.10B | 2.07B | 1.79B | 1.29B | 2.38B |
| Stockholders Equity | 7.35B | 7.06B | 6.73B | 6.43B | 5.38B | 6.26B |
Cash Flow | ||||||
| Free Cash Flow | 1.70B | 1.81B | 1.32B | 2.36B | 1.20B | 948.63M |
| Operating Cash Flow | 1.73B | 1.86B | 1.38B | 2.44B | 1.28B | 1.03B |
| Investing Cash Flow | -81.84M | -37.65M | 77.91M | 44.22M | -17.45M | -107.72M |
| Financing Cash Flow | -1.50B | -1.50B | -1.25B | -974.10M | -1.46B | -970.43M |
ITE Tech, Inc. Peers Comparison
Overall Rating
TW:322777Outperform- TW:301476Outperform
TW:671969Neutral
TW:236362Neutral
TW:496161Neutral
TW:359258Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3227 | 77Outperform | TWD 26.95B | 13.63 | ― | 5.62% | 4.58% | -1.46% |
| TW:3014 | 76Outperform | TWD 21.24B | 12.31 | ― | 6.64% | -1.73% | 8.63% |
| TW:6719 | 69Neutral | TWD 17.20B | 19.94 | ― | 2.82% | -1.77% | 94.13% |
| TW:2363 | 62Neutral | TWD 24.26B | 27.35 | ― | 1.29% | 78.08% | 21.15% |
| TW:4961 | 61Neutral | TWD 20.91B | 19.80 | ― | 4.44% | -10.15% | -36.28% |
| TW:3592 | 58Neutral | TWD 16.22B | 13.09 | ― | 6.71% | 5.82% | -15.25% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3014 | ITE Tech, Inc. | 128.00 | 8.51 | 7.12% | |
| TW:2363 | Silicon Integrated Systems Corp. | 47.10 | -4.58 | -8.87% | |
| TW:3227 | PixArt Imaging Inc. | 178.00 | -36.83 | -17.15% | |
| TW:3592 | Raydium Semiconductor Corp. | 217.50 | 0.85 | 0.39% | |
| TW:4961 | Fitipower Integrated Technology Inc. | 174.00 | 38.17 | 28.10% | |
| TW:6719 | uPI Semiconductor Corp. | 163.00 | -32.78 | -16.74% |
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