Elite Advanced Laser Corporation AI Stock Analysis
Elite Advanced Laser Corporation (3450) AI Stock Analysis
Elite Advanced Laser Corporation
(TWSE:3450)
The overall score of 52 reflects a company with improving profitability and a solid balance sheet that is under severe technical and valuation pressure. The most significant positive factor is the operational turnaround, with net income recovering and margins expanding to 30%. However, this is heavily outweighed by the stock's deeply oversold and bearish technical condition, trading well below all moving averages with an RSI of 23.69. The extremely high P/E of 69 and negative free cash flow further compound the risk, making the stock fundamentally expensive and technically broken despite operational improvements.
Elite Advanced Laser Corporation (3450) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 53.17B
- Dividend Yield
- 0.27%
- Average Volume (3M)
- 8.20M
- Price to Earnings (P/E)
- 77.1
- Beta (1Y)
- 2.18
- Revenue Growth
- -1.56%
- EPS Growth
- -16.64%
- Country
- TW
- Employees
- 1,863
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Elite Advanced Laser Corporation Business Overview & Revenue Model
Company Description
Based in Taiwan, Elite Advanced Laser Corporation specializes in delivering electronic manufacturing services. The company provides comprehensive assembly and rigorous testing solutions for a wide array of advanced components, including optoelectroni...
Elite Advanced Laser Corporation Financial Statement Overview
Summary
Financial performance is mixed. Profitability has recovered strongly with net income turning positive and gross margins improving to nearly 30%. The balance sheet is healthy with a solid equity base and improving ROE of 14.4%. However, these strengths are offset by negative free cash flow of -NT$299 million due to heavy capex, a 4% TTM revenue decline, and a tripling of total debt. The overall financial health is good but carries cautionary risks.
Income Statement
72PositiveBalance Sheet
78PositiveCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.04B | 8.58B | 7.57B | 5.40B | 6.78B | 7.20B |
| Gross Profit | 2.40B | 2.56B | 2.06B | 805.30M | 1.29B | 1.69B |
| EBITDA | 2.48B | 2.42B | 2.14B | 1.15B | 1.70B | 1.76B |
| Net Income | 717.57M | 729.80M | 556.43M | -76.16M | 648.32M | 371.05M |
Balance Sheet | ||||||
| Total Assets | 15.55B | 13.26B | 11.15B | 8.94B | 10.17B | 9.93B |
| Cash, Cash Equivalents and Short-Term Investments | 4.34B | 3.62B | 3.35B | 1.98B | 2.55B | 2.07B |
| Total Debt | 1.54B | 1.43B | 472.18M | 282.45M | 592.62M | 490.82M |
| Total Liabilities | 6.97B | 5.44B | 4.18B | 2.99B | 3.93B | 3.87B |
| Stockholders Equity | 5.58B | 5.06B | 4.43B | 3.80B | 3.97B | 4.04B |
Cash Flow | ||||||
| Free Cash Flow | -313.97M | -299.46M | 1.29B | 80.23M | 691.71M | -451.20M |
| Operating Cash Flow | 1.53B | 1.53B | 1.83B | 695.35M | 1.62B | 1.25B |
| Investing Cash Flow | -2.78B | -2.49B | -712.17M | -615.50M | -866.38M | -1.66B |
| Financing Cash Flow | 754.65M | 673.77M | -118.31M | -641.34M | -425.44M | 219.62M |
Elite Advanced Laser Corporation Peers Comparison
Overall Rating
TW:356373Outperform
TW:246766Neutral
TW:313166Neutral
TW:358359Neutral- TW:345052Neutral
TW:246444Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3563 | 73Outperform | TWD 38.70B | 33.89 | ― | 2.09% | 16.99% | 26.72% |
| TW:2467 | 66Neutral | TWD 50.73B | 26.03 | ― | 1.71% | 71.68% | 144.03% |
| TW:3131 | 66Neutral | TWD 49.68B | 29.86 | ― | 2.61% | 37.72% | 73.19% |
| TW:3583 | 59Neutral | TWD 40.40B | 27.47 | ― | 2.33% | 7.90% | 44.45% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3450 | 52Neutral | TWD 53.83B | 77.13 | ― | 0.27% | -1.56% | -16.64% |
| TW:2464 | 44Neutral | TWD 35.47B | 49.24 | ― | 0.29% | 19.16% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3450 | Elite Advanced Laser Corporation | 372.00 | 121.50 | 48.50% | |
| TW:2464 | Mirle Automation Corp. | 163.00 | 100.34 | 160.14% | |
| TW:2467 | C Sun Mfg. Ltd. | 322.50 | 148.16 | 84.98% | |
| TW:3131 | Grand Process Technology Corporation | 1765.00 | 385.39 | 27.93% | |
| TW:3563 | MACHVISION, Inc. | 623.00 | 174.78 | 38.99% | |
| TW:3583 | Scientech Corporation | 505.00 | 183.49 | 57.07% |
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