Mildef Crete Inc. AI Stock Analysis
Mildef Crete Inc. (3213) AI Stock Analysis
Mildef Crete Inc.
(TPEx:3213)
The score is anchored by an exceptionally strong financial position: virtually no debt, equity funding over three-quarters of assets, and 2025 free cash flow of NT$603 million backing high-quality earnings. An undemanding P/E of about 11 alongside a 5.8% dividend yield adds meaningful valuation and income support. The main drags are stagnant revenue over six years, a second consecutive year of operating margin compression, a 12% earnings decline in 2025, and a falling return on equity as cash accumulates. Technicals are mildly negative, with the price trading below its short- and medium-term moving averages and a negative MACD, though it still holds above the 200-day average. Net result: a financially safe, cash-rich, cheaply valued business whose upside depends on management finding growth or returning excess capital.
Mildef Crete Inc. (3213) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 6.95B
- Dividend Yield
- 5.98%
- Average Volume (3M)
- 251.24K
- Price to Earnings (P/E)
- 10.7
- Beta (1Y)
- 0.91
- Revenue Growth
- 12.98%
- EPS Growth
- 39.71%
- Country
- TW
- Employees
- 303
- Sector
- General
- Sector Strength
- 55
- Industry
- Computer Hardware
Mildef Crete Inc. Business Overview & Revenue Model
Company Description
Mildef Crete Inc. is a global enterprise focused on the design, production, and distribution of various computing systems. Its product portfolio includes a selection of portable personal computers, such as laptops, tablets, and handheld devices. Foun...
Mildef Crete Inc. Financial Statement Overview
Summary
Mildef Crete combines a near debt-free balance sheet (debt-to-equity of 0.03, equity funding 77% of assets) with strong 2025 cash generation — operating cash flow of NT$645 million and free cash flow of NT$603 million covering roughly 93% of net income. Profitability is high, with gross margins structurally improved to about 30%. Offsetting these strengths, revenue has been flat for six years near NT$2.9 billion, net income fell to NT$434 million in 2025 from NT$495 million, operating margin compressed to 17.8% from 22.5%, and return on equity has more than halved since 2021 as capital accumulates faster than it can be deployed.
Income Statement
68PositiveBalance Sheet
88Very PositiveCash Flow
80Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.09B | 2.89B | 2.85B | 2.99B | 2.71B | 2.81B |
| Gross Profit | 982.45M | 881.42M | 898.04M | 900.51M | 524.34M | 586.80M |
| EBITDA | 776.73M | 596.70M | 718.71M | 648.62M | 319.99M | 377.19M |
| Net Income | 562.88M | 434.07M | 495.22M | 460.83M | 228.27M | 638.19M |
Balance Sheet | ||||||
| Total Assets | 5.64B | 4.88B | 4.21B | 3.49B | 3.32B | 2.96B |
| Cash, Cash Equivalents and Short-Term Investments | 2.35B | 2.60B | 978.79M | 517.26M | 714.88M | 866.17M |
| Total Debt | 136.67M | 127.42M | 114.27M | 109.95M | 103.11M | 77.87M |
| Total Liabilities | 1.69B | 1.08B | 928.30M | 936.35M | 886.59M | 817.98M |
| Stockholders Equity | 3.90B | 3.77B | 3.26B | 2.54B | 2.41B | 2.13B |
Cash Flow | ||||||
| Free Cash Flow | -30.69M | 602.50M | 481.38M | 24.13M | 74.77M | 389.73M |
| Operating Cash Flow | 17.84M | 645.16M | 574.43M | 91.56M | 99.71M | 411.57M |
| Investing Cash Flow | 388.11M | 774.31M | 9.26M | -24.12M | 115.40M | 57.81M |
| Financing Cash Flow | -392.38M | -395.54M | -361.87M | -245.06M | -226.44M | -324.44M |
Mildef Crete Inc. Peers Comparison
Overall Rating
- TW:321376Outperform
TW:321960Neutral
TW:347959Neutral
TW:641656Neutral
TW:823443Neutral
TW:303239Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3213 | 76Outperform | TWD 6.87B | 10.68 | ― | 5.98% | 12.98% | 39.71% |
| TW:3219 | 60Neutral | TWD 7.82B | 31.98 | ― | 1.25% | 46.17% | 251.35% |
| TW:3479 | 59Neutral | TWD 7.72B | 14.40 | ― | 4.34% | 10.71% | 1.91% |
| TW:6416 | 56Neutral | TWD 7.66B | 20.00 | ― | 2.68% | 22.37% | 69.38% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8234 | 43Neutral | TWD 7.22B | 79.36 | ― | 0.78% | 4.36% | -21.02% |
| TW:3032 | 39Underperform | TWD 7.51B | -21.21 | ― | 4.11% | 41.24% | -89.74% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3213 | Mildef Crete Inc. | 117.00 | 19.94 | 20.54% | |
| TW:3032 | Compucase Enterprise Co., Ltd. | 66.30 | -24.20 | -26.74% | |
| TW:3219 | Aethertek Technology Co., Ltd | 109.00 | 53.56 | 96.63% | |
| TW:3479 | Avalue Technology Inc. | 106.50 | 1.91 | 1.83% | |
| TW:6416 | Caswell, Inc. | 104.50 | 26.99 | 34.82% | |
| TW:8234 | Nexcom International Co., Ltd. | 51.10 | -23.24 | -31.26% |
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