Powercom Co., Ltd. (3043) AI Stock Analysis

Powercom Co., Ltd.

(TWSE:3043)

Select Model

Rating:39Underperform

Price Target:TWD 16.50▼(-9.59% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by severely weak earnings and cash generation, with additional pressure from bearish technical momentum and an unfavorable valuation profile. The solid balance sheet and oversold technical readings provide only limited support.

Positive Factors

Broad Application BaseServing consumer, commercial, and industrial customers gives Powercom a broader application base than reliance on one end market. Its UPS and power-management portfolio addresses recurring needs for backup power, electricity stability, and equipment protection across multiple operating environments.

Negative Factors

Revenue ContractionRevenue contraction signals weakening business activity and reduces the scale available to absorb operating costs. If the decline persists, Powercom may face greater difficulty supporting investment, maintaining earnings leverage, and converting its established product portfolio into durable growth over the next several quarters.

Powercom Co., Ltd. (3043) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 752.24M
Dividend Yield: ―
Average Volume (3M): 81.30K
Price to Earnings (P/E): -10.5
Beta (1Y): 0.79
Revenue Growth: -16.13%
EPS Growth: -785.36%
Country: TW
Employees: 400
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Powercom Co., Ltd. Business Overview & Revenue Model

Company Description

Powercom Co., Ltd. specializes in delivering power management solutions to clients both within Taiwan and across global markets. Its comprehensive product portfolio encompasses a diverse array of uninterruptible power supply (UPS) units, including on...

Powercom Co., Ltd. Financial Statement Overview

Summary

Financial performance is weak: revenue declined, profitability turned sharply negative, and operating and free cash flow were negative. The comparatively solid balance sheet and moderate leverage provide limited support.

Income Statement

18Very Negative

Balance Sheet

60Neutral

Cash Flow

14Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	826.40M	854.12M	882.49M	1.33B	1.26B	998.24M
Gross Profit	169.32M	177.76M	189.43M	279.66M	293.38M	166.31M
EBITDA	20.04M	-1.14M	73.79M	38.78M	133.62M	22.53M
Net Income	-68.04M	-104.08M	37.19M	-4.82M	103.56M	23.27M
Balance Sheet
Total Assets	1.92B	1.86B	1.59B	1.28B	1.44B	1.17B
Cash, Cash Equivalents and Short-Term Investments	212.93M	211.86M	278.98M	259.37M	149.23M	61.27M
Total Debt	667.31M	613.68M	423.18M	167.44M	201.33M	158.43M
Total Liabilities	1.20B	1.07B	982.37M	887.96M	1.04B	1.07B
Stockholders Equity	736.27M	813.89M	632.72M	424.25M	430.45M	130.99M
Cash Flow
Free Cash Flow	-202.59M	-183.42M	81.85M	126.17M	11.31M	-45.77M
Operating Cash Flow	-193.33M	-168.51M	82.49M	130.92M	20.69M	-33.00M
Investing Cash Flow	-173.51M	-80.85M	-657.00K	-2.11M	49.47M	19.23M
Financing Cash Flow	301.55M	172.35M	-60.25M	-18.54M	25.01M	-4.40M

Powercom Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3043 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2424	44Neutral	TWD 709.06M	-7.32	―	―	-12.97%	8.82%
TW:3259	40Underperform	TWD 669.83M	-3.87	―	―	17.28%	5.27%
TW:1516	39Underperform	TWD 553.65M	3605.77	―	―	-10.15%	―
TW:3272	39Underperform	TWD 691.22M	-1.27	―	―	-11.96%	-68.38%
TW:3043	39Underperform	TWD 715.20M	-10.54	―	―	-16.13%	-785.36%
TW:8087	34Underperform	TWD 730.41M	16099.37	―	5.29%	81.74%	―

* General Sector Average

Performance Comparison

TW:3043 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3043	Powercom Co., Ltd.	18.25	-4.05	-18.16%
TW:1516	Falcon Power Co., Ltd.	18.75	-3.71	-16.54%
TW:2424	Lung Hwa Electronics Co., Ltd.	11.95	-27.85	-69.97%
TW:3259	Solid State System Co., Ltd.	9.18	-12.97	-58.56%
TW:3272	Good Way Technology Co., Ltd.	11.00	-9.55	-46.47%
TW:8087	Leadsun Greentech Corporation	19.90	-17.85	-47.28%

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

Powercom Co., Ltd. AI Stock Analysis