United Alloy-Tech Company Ltd (3162) AI Stock Analysis

United Alloy-Tech Company Ltd

(TPEx:3162)

Select Model

Rating:50Neutral

Price Target:TWD 68.00▼(-5.42% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak cash conversion, rising leverage, and modest profitability. Technical momentum is also bearish, while the very high P/E ratio and low dividend yield indicate unfavorable valuation. Improved revenue, earnings, and operating cash flow provide some support.

Positive Factors

Revenue GrowthThe sustained multi-year revenue increase indicates expanding business activity and customer demand for the company’s engineered metal and alloy products. Continued top-line growth can support operating scale, strengthen market presence, and provide a foundation for future earnings improvement.

Negative Factors

Thin Profit MarginsLow margins leave limited protection if production costs rise or demand softens, because only a small portion of revenue becomes profit. This constrains internal capital generation and makes earnings more sensitive to changes in operating conditions than a higher-margin business.

United Alloy-Tech Company Ltd (3162) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 11.61B
Dividend Yield: 1.20%
Average Volume (3M): 1.63M
Price to Earnings (P/E): 100.8
Beta (1Y): 1.23
Revenue Growth: 26.04%
EPS Growth: -69.67%
Country: TW
Employees: 100
Sector: General
Sector Strength: 55
Industry: Manufacturing - Metal Fabrication

United Alloy-Tech Company Ltd Business Overview & Revenue Model

Company Description

Established in 1991 and headquartered in Taipei City, Taiwan, United Alloy-Tech Company Ltd primarily specializes in the forging, fabrication, marketing, and distribution of aluminum alloys. The company maintains a significant international footprint...

United Alloy-Tech Company Ltd Financial Statement Overview

Summary

Revenue and net income improved, and operating cash flow was positive. However, thin margins, rising leverage, moderate returns on equity, and negative free cash flow weigh on the financial profile.

Income Statement

67Positive

Balance Sheet

62Positive

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.39B	7.70B	4.65B	3.59B	2.43B	1.35B
Gross Profit	926.51M	963.31M	559.51M	394.58M	280.72M	216.62M
EBITDA	585.69M	637.19M	453.86M	458.89M	-104.79M	117.98M
Net Income	97.57M	222.41M	70.25M	131.39M	-211.31M	80.56M
Balance Sheet
Total Assets	12.76B	10.36B	7.75B	6.71B	5.95B	3.20B
Cash, Cash Equivalents and Short-Term Investments	757.72M	396.12M	685.31M	510.79M	711.86M	1.91B
Total Debt	2.59B	2.75B	2.61B	2.31B	1.14B	250.82M
Total Liabilities	8.54B	7.17B	4.98B	4.03B	3.45B	1.38B
Stockholders Equity	4.12B	3.12B	2.76B	2.68B	2.49B	1.82B
Cash Flow
Free Cash Flow	-961.37M	-398.66M	-425.51M	-753.29M	-3.14B	-157.51M
Operating Cash Flow	393.94M	998.54M	147.71M	148.35M	-696.34M	71.68M
Investing Cash Flow	-1.29B	-1.20B	-464.80M	-877.74M	-2.33B	-154.41M
Financing Cash Flow	1.07B	-29.81M	343.71M	578.92M	1.87B	1.68B

United Alloy-Tech Company Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3162 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:9942	73Outperform	TWD 9.15B	12.06	―	6.36%	8.92%	11.49%
TW:6279	64Neutral	TWD 11.90B	8.56	―	5.50%	12.67%	15.02%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3162	50Neutral	TWD 11.07B	100.76	―	1.20%	26.04%	-69.67%
TW:1532	48Neutral	TWD 9.11B	17.82	―	3.71%	0.87%	215.40%
TW:1563	47Neutral	TWD 11.11B	35.87	―	7.68%	3.41%	-22.42%
TW:1536	33Underperform	TWD 10.59B	-19.77	―	―	-4.17%	-15.31%

* General Sector Average

Performance Comparison

TW:3162 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3162	United Alloy-Tech Company Ltd	71.90	16.20	29.07%
TW:1532	China Metal Products Co., Ltd.	21.55	-3.96	-15.53%
TW:1536	Hota Industrial Manufacturing Co., Ltd.	37.95	-21.45	-36.11%
TW:1563	SuperAlloy Industrial Co., Ltd.	67.30	12.42	22.63%
TW:6279	Hu Lane Associate, Inc.	100.00	-24.37	-19.59%
TW:9942	Nak Sealing Technologies Corporation	110.00	9.71	9.69%

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

United Alloy-Tech Company Ltd AI Stock Analysis