Mildef Crete Inc. (3213) AI Stock Analysis

Mildef Crete Inc.

(TPEx:3213)

Select Model

Rating:71Outperform

Price Target:TWD 133.00▲(12.71% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong balance sheet and attractive valuation (low P/E, high yield) are the primary positives supporting the score; neutral-to-weak technical momentum and lack of revenue growth are the main offsets.

Positive Factors

Very Low LeverageDebt-to-equity of roughly 0.03–0.04 indicates a highly conservative capital structure. Low leverage reduces refinancing exposure and preserves borrowing capacity, giving the company flexibility to withstand weaker periods or fund operations and investment without heavy balance-sheet strain.

Negative Factors

Revenue ContractionRevenue fell about 3.6% in 2025 after being roughly flat-to-down in 2024, pointing to persistent top-line softness rather than a single quarter’s fluctuation. Demand weakness or tougher pricing could limit operating leverage and constrain future profit expansion.

Mildef Crete Inc. (3213) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 6.95B
Dividend Yield: 5.93%
Average Volume (3M): 248.79K
Price to Earnings (P/E): 11.0
Beta (1Y): 0.94
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

Strong balance sheet (88) with minimal debt and nearly doubled equity since 2020 provides stability; improving cash flows (75) and margin expansion help offset flat revenue trends (62).

Income Statement

62Positive

Balance Sheet

88Very Positive

Cash Flow

75Positive

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3213 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3213	71Outperform	TWD 6.87B	11.05	―	5.93%	12.98%	39.71%
TW:3219	60Neutral	TWD 7.82B	23.11	―	1.20%	46.17%	251.35%
TW:3479	59Neutral	TWD 7.72B	14.47	―	4.38%	10.71%	1.91%
TW:6416	56Neutral	TWD 7.66B	20.00	―	2.62%	22.37%	69.38%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8234	43Neutral	TWD 7.22B	81.22	―	0.77%	4.36%	-21.02%
TW:3032	39Underperform	TWD 7.51B	-21.09	―	4.11%	41.24%	-89.74%

* General Sector Average

Performance Comparison

TW:3213 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3213	Mildef Crete Inc.	118.00	20.94	21.57%
TW:3032	Compucase Enterprise Co., Ltd.	66.20	-24.30	-26.85%
TW:3219	Aethertek Technology Co., Ltd	113.50	58.06	104.74%
TW:3479	Avalue Technology Inc.	105.50	0.91	0.87%
TW:6416	Caswell, Inc.	107.00	29.49	38.04%
TW:8234	Nexcom International Co., Ltd.	51.70	-22.64	-30.46%

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

Mildef Crete Inc. AI Stock Analysis