Argosy Research Inc. AI Stock Analysis
Argosy Research Inc. (3217) AI Stock Analysis
Argosy Research Inc.
(TPEx:3217)
The score is driven primarily by excellent fundamentals: accelerating revenue growth, ~50% gross margins, a virtually debt-free balance sheet, rising returns on equity, and consistent free cash flow. Valuation adds further support, with a single-digit P/E of 8.8 and a 9.3% dividend yield backed by strong cash generation. The main drag is technicals — the stock sits well below all key moving averages with negative MACD and deeply oversold RSI and Stochastic readings, signalling a firmly established downtrend. Cyclical exposure in the hardware components market and recent operating-margin compression are additional risks to monitor.
Argosy Research Inc. (3217) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 9.82B
- Dividend Yield
- 9.35%
- Average Volume (3M)
- 368.40K
- Price to Earnings (P/E)
- 8.6
- Beta (1Y)
- 0.79
- Revenue Growth
- -3.83%
- EPS Growth
- -10.19%
- Country
- TW
- Employees
- 1,435
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Argosy Research Inc. Business Overview & Revenue Model
Company Description
Argosy Research Inc., headquartered in Hsinchu City, Taiwan, is engaged in the manufacturing and worldwide distribution of electronic components, connectors, and complete system products. The company's market footprint covers Asia, the United States,...
Argosy Research Inc. Financial Statement Overview
Summary
Argosy Research combines strong growth with high profitability and a fortress balance sheet. Revenue rose roughly 19% in the latest year to NT$4.15B, gross margin expanded to about 50%, and net margin reached 27.6%. The company is effectively debt-free (debt-to-equity near 0.2%), with equity funding 76% of assets and return on equity improving to 24.4%. Free cash flow grew about 19% to NT$1.04B, covering over 80% of net income. Offsetting factors include industry cyclicality (a 13.5% revenue decline in 2022), modest operating and EBITDA margin compression versus 2024, and operating cash flow running slightly below reported earnings.
Income Statement
86Very PositiveBalance Sheet
91Very PositiveCash Flow
84Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.07B | 4.15B | 3.47B | 3.00B | 2.61B | 3.02B |
| Gross Profit | 2.00B | 2.07B | 1.74B | 1.40B | 1.02B | 1.27B |
| EBITDA | 1.43B | 1.43B | 1.41B | 1.06B | 891.42M | 921.92M |
| Net Income | 1.14B | 1.14B | 1.01B | 728.68M | 610.67M | 640.22M |
Balance Sheet | ||||||
| Total Assets | 7.13B | 6.15B | 5.89B | 5.32B | 4.82B | 4.92B |
| Cash, Cash Equivalents and Short-Term Investments | 2.28B | 1.95B | 1.72B | 1.38B | 1.31B | 1.18B |
| Total Debt | 14.72M | 10.40M | 15.20M | 16.76M | 49.90M | 9.13M |
| Total Liabilities | 2.28B | 1.47B | 1.25B | 1.03B | 952.96M | 1.02B |
| Stockholders Equity | 4.85B | 4.68B | 4.65B | 4.30B | 3.87B | 3.90B |
Cash Flow | ||||||
| Free Cash Flow | 944.85M | 1.04B | 873.41M | 544.20M | 730.18M | 255.08M |
| Operating Cash Flow | 1.18B | 1.26B | 1.01B | 764.74M | 876.97M | 595.58M |
| Investing Cash Flow | -205.79M | -211.91M | -132.47M | -220.24M | -199.68M | -68.28M |
| Financing Cash Flow | -780.43M | -800.00M | -583.75M | -457.36M | -544.68M | -510.54M |
Argosy Research Inc. Peers Comparison
Overall Rating
- TW:321776Outperform
TW:626375Outperform
TW:320959Neutral
TW:627759Neutral
TW:233241Neutral
TW:248539Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3217 | 76Outperform | TWD 9.60B | 8.55 | ― | 9.35% | -3.83% | -10.19% |
| TW:6263 | 75Outperform | TWD 9.84B | 17.67 | ― | 4.97% | 0.94% | 4.67% |
| TW:3209 | 59Neutral | TWD 11.57B | 8.01 | ― | 4.20% | 22.25% | 199.92% |
| TW:6277 | 59Neutral | TWD 8.70B | 14.94 | ― | 4.86% | 12.17% | 31.16% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2332 | 41Neutral | TWD 10.54B | -34.34 | ― | 0.57% | 5.89% | 52.10% |
| TW:2485 | 39Underperform | TWD 10.02B | 37.38 | ― | ― | 74.93% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3217 | Argosy Research Inc. | 107.00 | -57.91 | -35.12% | |
| TW:2332 | D-Link Corporation | 16.15 | 0.25 | 1.57% | |
| TW:2485 | Zinwell Corporation | 32.00 | 14.10 | 78.77% | |
| TW:3209 | Alltek Technology Corp. | 47.60 | 17.38 | 57.53% | |
| TW:6263 | Planet Technology Corporation | 157.00 | 31.63 | 25.23% | |
| TW:6277 | Aten International Co., Ltd. | 72.00 | 14.19 | 24.54% |
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