Taiwan Fructose Co., Ltd. (4207) AI Stock Analysis

Taiwan Fructose Co., Ltd.

(TPEx:4207)

Select Model

Rating:67.75Neutral

Price Target:$21.50▲(10.26% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 68 reflects a company with strong fundamentals and an attractive valuation, offset by weak near-term price momentum. The most significant positive factors are the low P/E ratio and exceptionally high dividend yield, supported by a healthy balance sheet and recovering profitability. The primary risk is the bearish technical trend, with the stock trading below key moving averages and exhibiting weak momentum, which could signal near-term price pressure despite the company's solid financial footing.

Positive Factors

Margin RecoveryThe sharp improvement in net and EBIT margins indicates stronger current earnings economics and better operating performance. If maintained, this recovery can provide more internal funding and improve resilience, although the pack does not establish that the gains are permanent.

Negative Factors

Weak Revenue GrowthA revenue decline of about 1.3% and negative reported revenue growth show that improved profitability has not yet translated into top-line expansion. If this trend persists, limited growth could constrain operating leverage and reduce the durability of earnings gains.

Taiwan Fructose Co., Ltd. (4207) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.67B
Dividend Yield: 9.04%
Average Volume (3M): 98.77K
Price to Earnings (P/E): 10.3
Beta (1Y): 0.12
Revenue Growth: -1.10%
EPS Growth: 45.39%
Country: TW
Employees: 1,454
Sector: General
Sector Strength: 55
Industry: Food Confectioners

Taiwan Fructose Co., Ltd. Business Overview & Revenue Model

Company Description

Taiwan Fructose Co., Ltd. is a Taiwanese enterprise that specializes in the production and processing of various sugar and starch-derived ingredients. Operating across Taiwan, Thailand, Malaysia, and the Philippines, the company manufactures fructose...

Taiwan Fructose Co., Ltd. Financial Statement Overview

Summary

Financial performance is solid, driven by a strong recovery in profitability and a significantly improved balance sheet. Net profit margins have rebounded to 6.8% and debt-to-equity has been cut to 0.48. The main offset is inconsistent revenue growth and volatile free cash flow, which declined 33.8% in the TTM period due to higher capex.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2021
Income Statement
Total Revenue	5.33B	5.16B	5.63B	5.34B	5.04B	4.39B
Gross Profit	1.06B	975.79M	780.34M	746.55M	635.59M	602.59M
EBITDA	880.73M	863.43M	640.24M	640.48M	495.36M	921.51M
Net Income	396.04M	349.35M	215.86M	233.99M	138.88M	364.34M
Balance Sheet
Total Assets	6.61B	6.30B	6.19B	5.70B	5.65B	5.30B
Cash, Cash Equivalents and Short-Term Investments	931.82M	816.59M	845.58M	699.07M	600.20M	951.86M
Total Debt	1.70B	1.40B	1.73B	1.64B	1.84B	1.73B
Total Liabilities	2.53B	2.13B	2.40B	2.31B	2.49B	2.38B
Stockholders Equity	2.89B	2.94B	2.71B	2.42B	2.26B	2.11B
Cash Flow
Free Cash Flow	200.76M	457.76M	70.31M	335.47M	-180.22M	78.58M
Operating Cash Flow	556.97M	768.66M	307.76M	561.45M	6.45M	449.52M
Investing Cash Flow	-349.55M	-608.80M	-216.54M	-173.37M	-418.61M	389.16M
Financing Cash Flow	-109.88M	-527.10M	-25.49M	-280.45M	45.08M	-307.06M

Taiwan Fructose Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:4207 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2755	70Outperform	TWD 4.14B	14.36	―	3.95%	19.14%	22.20%
TW:4207	68Neutral	TWD 3.71B	10.32	―	9.04%	-1.10%	45.39%
TW:2748	59Neutral	TWD 3.87B	14.19	―	4.85%	1.40%	14.56%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4303	50Neutral	TWD 3.72B	3.00	―	3.62%	15.53%	-91.93%
TW:1464	47Neutral	TWD 3.96B	11.65	―	2.65%	-3.78%	110.06%
TW:1219	46Neutral	TWD 3.75B	-21.47	―	4.57%	-5.41%	-564.81%

* General Sector Average

Performance Comparison

TW:4207 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:4207	Taiwan Fructose Co., Ltd.	19.50	0.82	4.40%
TW:1219	Fwusow Industry Co. Ltd.	10.95	-2.17	-16.57%
TW:1464	De Licacy Industrial Co., Ltd.	9.44	-1.30	-12.10%
TW:2748	FDC International Hotels Corp.	36.05	-6.78	-15.83%
TW:2755	YoungQin International Co. Ltd.	88.60	-9.56	-9.74%
TW:4303	Hsin-Li Chemical Industrial Corp.	27.65	-21.85	-44.15%

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

Taiwan Fructose Co., Ltd. AI Stock Analysis