MacroWell OMG Digital Entertainment Co., Ltd. AI Stock Analysis
MacroWell OMG Digital Entertainment Co., Ltd. (3687) AI Stock Analysis
MacroWell OMG Digital Entertainment Co., Ltd.
(TPEx:3687)
MacroWell OMG scores in the middle of the range. Financial performance is functional but mixed: revenue growth is steady, gross margins are stable above 40%, net income doubled and free cash flow rebounded with strong cash conversion — yet core operating and EBITDA margins have compressed meaningfully over three years, the balance sheet is asset-heavy with thin equity backing, and debt has scaled up sharply since 2021. The bigger drag is technical: the stock sits well below all major moving averages with negative MACD, placing it in a sustained downtrend. Partially offsetting this, the valuation is attractive, with an 11.4 P/E, a 4.0% dividend yield and low beta providing downside support. Earnings call and corporate event components were excluded for lack of data, with their weight redistributed proportionally.
MacroWell OMG Digital Entertainment Co., Ltd. (3687) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.58B
- Dividend Yield
- 3.89%
- Average Volume (3M)
- 51.49K
- Price to Earnings (P/E)
- 11.8
- Beta (1Y)
- 0.70
- Revenue Growth
- 10.56%
- EPS Growth
- 116.59%
- Country
- TW
- Employees
- 240
- Sector
- General
- Sector Strength
- 55
- Industry
- Electronic Gaming & Multimedia
MacroWell OMG Digital Entertainment Co., Ltd. Business Overview & Revenue Model
Company Description
MacroWell OMG Digital Entertainment Co., Ltd., headquartered in Taipei, Taiwan, was founded in 1999. The company, initially known as Macrowell Technology Co., Ltd., adopted its current name in August 2009. Its core business centers on the design and...
MacroWell OMG Digital Entertainment Co., Ltd. Financial Statement Overview
Summary
A middling but improving profile. Revenue grew to about NT$1.83 billion (roughly 6% year-over-year, ~9% annualized since 2020) with gross margins stable in the 40%–44% range, and net income doubled to NT$140.5 million, lifting net margin to 7.7% — the best in six years. Free cash flow rebounded to NT$363 million and converted at roughly 89% of net income, indicating high earnings quality. Offsetting this, operating margin has eroded from about 25% in 2022–2023 to roughly 15%, EBITDA margin slipped to 18%, equity funds only about 17% of the NT$9.52 billion asset base, borrowings have scaled from NT$15 million in 2021 to NT$686 million, and free cash flow was deeply negative in both 2022 and 2023. Returns on equity remain modest at 8.7%.
Income Statement
61PositiveBalance Sheet
52NeutralCash Flow
60Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.95B | 1.83B | 1.72B | 1.62B | 1.67B | 1.58B |
| Gross Profit | 781.88M | 737.07M | 701.21M | 670.85M | 730.26M | 656.81M |
| EBITDA | 765.87M | 332.20M | 421.69M | 436.97M | 448.18M | 388.33M |
| Net Income | 166.36M | 140.50M | 69.99M | 52.51M | 81.58M | 72.68M |
Balance Sheet | ||||||
| Total Assets | 9.46B | 9.52B | 8.87B | 8.81B | 8.36B | 5.66B |
| Cash, Cash Equivalents and Short-Term Investments | 6.26B | 6.41B | 5.65B | 5.44B | 6.91B | 4.48B |
| Total Debt | 573.51M | 686.13M | 710.46M | 686.97M | 578.96M | 15.50M |
| Total Liabilities | 5.37B | 5.23B | 4.99B | 4.85B | 4.68B | 4.15B |
| Stockholders Equity | 1.57B | 1.61B | 1.46B | 1.47B | 1.41B | 710.57M |
Cash Flow | ||||||
| Free Cash Flow | 262.24M | 362.60M | 272.90M | -465.70M | -392.45M | 549.63M |
| Operating Cash Flow | 291.71M | 409.18M | 430.71M | 946.58M | -173.51M | 563.95M |
| Investing Cash Flow | -104.56M | 182.36M | -239.52M | -631.33M | -2.30B | 9.38M |
| Financing Cash Flow | -284.92M | -235.89M | -280.42M | -144.27M | 2.40B | -223.76M |
MacroWell OMG Digital Entertainment Co., Ltd. Peers Comparison
Overall Rating
- TW:368756Neutral
TW:654244Neutral
TW:305042Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3687 | 56Neutral | TWD 1.55B | 11.81 | ― | 3.89% | 10.56% | 116.59% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6542 | 44Neutral | TWD 1.32B | 70.69 | ― | 0.07% | 20.18% | ― |
| TW:3050 | 42Neutral | TWD 1.56B | 19.33 | ― | 2.49% | -2.92% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3687 | MacroWell OMG Digital Entertainment Co., Ltd. | 51.50 | -24.56 | -32.29% | |
| TW:3050 | U-Tech Media Corporation | 10.05 | -1.69 | -14.40% | |
| TW:6542 | Gamesparcs Co., Ltd. | 31.40 | -13.13 | -29.48% | |
| TW:6595 | Juliens International Entertainment Group | 30.00 | -4.73 | -13.63% | |
| TW:6995 | Beast Kingdom Co. Ltd. | 49.30 | -4.67 | -8.65% | |
| TW:8244 | DIGITIMES Inc | 49.50 | -35.50 | -41.76% |
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