APAC Opto Electronics Inc. AI Stock Analysis
APAC Opto Electronics Inc. (4908) AI Stock Analysis
APAC Opto Electronics Inc.
(TPEx:4908)
APAC Opto Electronics earns a middling score. Its greatest strength is financial safety: a virtually debt-free balance sheet, equity funding over 90% of assets, best-in-period gross margins and reliable free cash flow. Offsetting this, the business is shrinking — revenue down ~10%, net income down ~30%, and ROE under 9% — which undercuts the premium 62.9x P/E and leaves the 0.69% yield as thin compensation. Technicals compound the caution, with the price far below all key moving averages and negative MACD confirming a sustained downtrend, though momentum readings suggest the selling is already stretched. Overall: low financial risk, but weak growth, expensive valuation and poor price trend keep the score below average.
APAC Opto Electronics Inc. (4908) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 13.49B
- Dividend Yield
- 0.57%
- Average Volume (3M)
- 4.07M
- Price to Earnings (P/E)
- 72.7
- Beta (1Y)
- 1.67
- Revenue Growth
- 4.39%
- EPS Growth
- 9.57%
- Country
- TW
- Employees
- 275
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
APAC Opto Electronics Inc. Business Overview & Revenue Model
Company Description
Established in 1998 and headquartered in Hsinchu, Taiwan, APAC Opto Electronics Inc. is a leading provider of fiber optic transmission solutions. The company designs, manufactures, and distributes a comprehensive range of components utilized across v...
APAC Opto Electronics Inc. Financial Statement Overview
Summary
A fortress balance sheet (score 90) anchors the profile: effectively debt-free with NT$1.73bn equity funding ~91% of assets, leaving minimal financial risk. Cash flow (score 74) remains solid, with operating cash flow of NT$213m covering net income ~1.4x and NT$182m of free cash flow on light capex. The weak link is the income statement (score 66): revenue fell ~10% to NT$815m, net income dropped ~30% to NT$155m, and operating/net margins compressed despite gross margin expanding to a six-year high of 47.3%. Return on equity has slipped below 9%, indicating an under-levered, under-utilized capital base and fading top-line momentum.
Income Statement
66PositiveBalance Sheet
90Very PositiveCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 917.29M | 814.69M | 936.23M | 941.40M | 884.79M | 778.95M |
| Gross Profit | 404.15M | 385.57M | 415.85M | 401.39M | 380.69M | 305.05M |
| EBITDA | 244.71M | 204.81M | 283.98M | 263.56M | 253.87M | 202.72M |
| Net Income | 196.11M | 154.53M | 220.35M | 205.42M | 260.91M | 145.22M |
Balance Sheet | ||||||
| Total Assets | 2.11B | 1.91B | 1.88B | 1.87B | 1.88B | 1.78B |
| Cash, Cash Equivalents and Short-Term Investments | 1.22B | 1.15B | 1.10B | 1.06B | 1.17B | 1.03B |
| Total Debt | 506.00K | 107.00K | 358.00K | 603.00K | 840.00K | 1.07M |
| Total Liabilities | 347.73M | 179.26M | 180.98M | 207.07M | 185.12M | 198.93M |
| Stockholders Equity | 1.76B | 1.73B | 1.70B | 1.67B | 1.70B | 1.58B |
Cash Flow | ||||||
| Free Cash Flow | 141.56M | 181.50M | 284.70M | 131.67M | 280.71M | 144.66M |
| Operating Cash Flow | 167.07M | 213.01M | 317.02M | 151.43M | 289.47M | 163.83M |
| Investing Cash Flow | 33.30M | -194.95M | -67.89M | -221.28M | -419.74M | -362.59M |
| Financing Cash Flow | -137.13M | -137.14M | -187.17M | -234.91M | -141.05M | -86.26M |
APAC Opto Electronics Inc. Peers Comparison
Overall Rating
TW:646459Neutral- TW:490859Neutral
TW:305952Neutral
TW:620952Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6464 | 59Neutral | TWD 10.26B | 18.64 | ― | 1.74% | -2.10% | -20.72% |
| TW:4908 | 59Neutral | TWD 13.26B | 72.71 | ― | 0.57% | 4.39% | 9.57% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3059 | 52Neutral | TWD 10.74B | 29.01 | ― | 2.71% | 6.61% | 1.93% |
| TW:6209 | 52Neutral | TWD 13.55B | 33.30 | ― | 0.63% | 66.86% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4908 | APAC Opto Electronics Inc. | 175.50 | 99.20 | 130.03% | |
| TW:3059 | Altek Corporation | 36.80 | -5.28 | -12.55% | |
| TW:6209 | Kinko Optical Co. Ltd. | 78.50 | 30.15 | 62.34% | |
| TW:6464 | Taiwan Optical Platform Co Ltd | 76.60 | 5.58 | 7.86% | |
| TW:7415 | BE Epitaxy Semiconductor Technology Co Ltd | 372.00 | -424.65 | -53.30% | |
| TW:7932 | e-Ray Technology Co., Ltd. | 201.50 | -193.50 | -48.99% |
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