Podak Co., Ltd AI Stock Analysis
Podak Co., Ltd (3537) AI Stock Analysis
Podak Co., Ltd
(TPEx:3537)
Podak earns a moderate score. Its financial foundation is sound — low leverage, a steadily growing equity base and free cash flow that matches or exceeds reported profits thanks to very low capital intensity — but growth is absent, gross margins are slowly eroding and 2025 net income dropped about a third, with ROE falling to 11.1%. Valuation is supportive, with a 10.9x P/E and a 4.26% dividend yield providing downside cushion and income. The main drag is technical: the share price sits well below all key moving averages with negative MACD, signalling a firmly established downtrend. Investors would likely need evidence of margin recovery and renewed revenue growth, plus a stabilisation in price trend, before the stock can re-rate.
Podak Co., Ltd (3537) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.83B
- Dividend Yield
- 3.98%
- Average Volume (3M)
- 538.35K
- Price to Earnings (P/E)
- 10.5
- Beta (1Y)
- 1.22
- Revenue Growth
- 10.41%
- EPS Growth
- 119.81%
- Country
- TW
- Employees
- 96
- Sector
- General
- Sector Strength
- 55
- Industry
- Electrical Equipment & Parts
Podak Co., Ltd Business Overview & Revenue Model
Company Description
Established in 1987 and headquartered in Taipei, Taiwan, Podak Co., LTD. functions as a sales representative throughout Taiwan and China. The company's core business involves the distribution of a comprehensive array of electronic components, spannin...
Podak Co., Ltd Financial Statement Overview
Summary
A solid balance sheet (score 70) and strong cash generation (score 72) anchor the profile: debt-to-equity is a conservative 0.33, equity funds ~64% of assets, and free cash flow of NT$227m exceeded net income of NT$141m with minimal capital spending, indicating high earnings quality. The income statement is the weak link (score 54): revenue has been flat between NT$2.8bn and NT$3.2bn for six years, gross margin has eroded from 16.5% to 14.2%, and 2025 net income fell ~32% even as operating profit improved, pointing to reliance on non-core items. Return on equity has halved from its 2022 peak to 11.1%. Overall, a low-risk, financially resilient but slow-growing business.
Income Statement
54NeutralBalance Sheet
70PositiveCash Flow
72Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.02B | 2.92B | 2.82B | 2.84B | 2.81B | 3.16B |
| Gross Profit | 434.49M | 413.60M | 413.85M | 394.90M | 399.77M | 521.76M |
| EBITDA | 287.86M | 229.60M | 285.94M | 211.28M | 309.94M | 276.94M |
| Net Income | 258.02M | 141.19M | 206.68M | 148.92M | 236.59M | 212.51M |
Balance Sheet | ||||||
| Total Assets | 2.12B | 2.00B | 2.01B | 2.04B | 2.03B | 2.06B |
| Cash, Cash Equivalents and Short-Term Investments | 510.29M | 377.19M | 270.57M | 303.92M | 353.25M | 162.22M |
| Total Debt | 264.24M | 416.56M | 404.60M | 447.10M | 510.47M | 332.18M |
| Total Liabilities | 830.08M | 726.95M | 741.90M | 889.73M | 894.13M | 987.27M |
| Stockholders Equity | 1.29B | 1.27B | 1.26B | 1.15B | 1.14B | 1.07B |
Cash Flow | ||||||
| Free Cash Flow | 287.48M | 226.52M | 128.31M | 166.48M | 211.97M | 135.36M |
| Operating Cash Flow | 287.80M | 227.27M | 128.62M | 170.94M | 218.10M | 136.66M |
| Investing Cash Flow | -14.75M | 1.24M | -16.55M | -18.31M | -26.69M | -3.21M |
| Financing Cash Flow | -202.29M | -119.47M | -153.84M | -200.18M | -9.77M | -159.35M |
Podak Co., Ltd Peers Comparison
Overall Rating
TW:247180Outperform
TW:612364Neutral
TW:616160Neutral- TW:353760Neutral
TW:304741Neutral
TW:304131Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2471 | 80Outperform | TWD 2.57B | 11.26 | ― | 6.09% | 9.46% | 85.40% |
| TW:6123 | 64Neutral | TWD 2.46B | 12.51 | ― | 8.87% | -7.12% | 11.08% |
| TW:6161 | 60Neutral | TWD 2.61B | 10.72 | ― | 4.74% | 15.41% | 74.96% |
| TW:3537 | 60Neutral | TWD 2.82B | 10.48 | ― | 3.98% | 10.41% | 119.81% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3047 | 41Neutral | TWD 2.99B | -14.89 | ― | 2.23% | -32.95% | -101.63% |
| TW:3041 | 31Underperform | TWD 2.99B | -6.94 | ― | ― | 3.96% | -48.99% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3537 | Podak Co., Ltd | 50.20 | -1.50 | -2.90% | |
| TW:2471 | Ares International Corp. | 54.40 | 7.02 | 14.82% | |
| TW:3041 | ALi Corporation | 21.10 | -6.10 | -22.43% | |
| TW:3047 | Edimax Technology Co., Ltd. | 13.40 | -5.45 | -28.91% | |
| TW:6123 | GrandTech C.G. Systems, Inc. | 40.60 | -7.83 | -16.17% | |
| TW:6161 | Jetway Information Co., Ltd. | 46.40 | 0.08 | 0.17% |
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