ITE Tech, Inc. (3014) AI Stock Analysis

ITE Tech, Inc.

(TWSE:3014)

Select Model

Rating:73Outperform

Price Target:TWD 138.00▲(0.00% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 73 reflects a strong fundamental company currently facing significant market headwinds. The company's pristine balance sheet, high profitability, and robust cash flow are major strengths. The valuation is compelling, with a low P/E and a very high, well-covered dividend yield. However, the technical picture is decisively bearish, with the stock in a clear downtrend and showing weak momentum, which heavily weighs on the score. The primary risk is continued price weakness despite excellent financials.

Positive Factors

High ProfitabilitySustained high gross, operating, and net margins indicate a strong earnings engine in the company’s IC design business. This profitability can support continued product investment, preserve resilience during demand fluctuations, and provide meaningful capacity to return capital to shareholders.

Negative Factors

Recent Revenue DeclineThe recent revenue contraction shows that demand and product growth have not been consistently expanding across periods. If weakness persists, slower top-line growth could limit operating leverage, reduce the pace of earnings expansion, and make future performance more dependent on cost control.

ITE Tech, Inc. (3014) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 22.24B
Dividend Yield: 6.16%
Average Volume (3M): 1.46M
Price to Earnings (P/E): 13.0
Beta (1Y): 0.81
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

Exceptional financial health with a fortress-like balance sheet (Score 95), robust cash flow (Score 88), and high profitability (Score 78). The company is debt-free and converts nearly all profit to cash, though recent revenue contraction is a minor headwind.

Income Statement

78Positive

Balance Sheet

95Very Positive

Cash Flow

88Very Positive

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3014 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3227	77Outperform	TWD 26.95B	13.67	―	5.70%	4.58%	-1.46%
TW:3014	73Outperform	TWD 21.24B	13.03	―	6.16%	-1.73%	8.63%
TW:6719	69Neutral	TWD 17.20B	20.12	―	2.77%	-1.77%	94.13%
TW:2363	62Neutral	TWD 24.26B	27.70	―	1.27%	78.08%	21.15%
TW:4961	61Neutral	TWD 20.91B	21.15	―	4.14%	-10.15%	-36.28%
TW:3592	58Neutral	TWD 16.22B	13.03	―	6.74%	5.82%	-15.25%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:3014 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3014	ITE Tech, Inc.	138.00	19.92	16.87%
TW:2363	Silicon Integrated Systems Corp.	47.70	-3.29	-6.45%
TW:3227	PixArt Imaging Inc.	175.50	-36.95	-17.39%
TW:3592	Raydium Semiconductor Corp.	216.50	1.75	0.81%
TW:4961	Fitipower Integrated Technology Inc.	186.50	50.67	37.30%
TW:6719	uPI Semiconductor Corp.	166.00	-29.29	-15.00%

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

ITE Tech, Inc. AI Stock Analysis