Lemtech Holdings Co., Limited (4912) AI Stock Analysis

Lemtech Holdings Co., Limited

(TWSE:4912)

Select Model

Rating:51Neutral

Price Target:TWD 80.00▼(-9.60% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by declining profitability and sharply weaker cash generation, with technical indicators also signaling weak momentum. The balance sheet and dividend yield provide some support, but the valuation remains relatively demanding.

Positive Factors

Revenue RecoveryThe 2025 revenue rebound indicates that demand recovered after a difficult period, providing a stronger base for operations over the next several quarters. If maintained, renewed sales momentum can improve capacity utilization and support recovery in absolute earnings.

Negative Factors

Margin CompressionSharp margin deterioration indicates that the revenue recovery is not translating efficiently into earnings. Lower gross and operating margins leave profitability more exposed to cost increases, pricing pressure, or an unfavorable mix, limiting near-term earnings resilience.

Lemtech Holdings Co., Limited (4912) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 5.90B
Dividend Yield: 2.38%
Average Volume (3M): 671.38K
Price to Earnings (P/E): 28.6
Beta (1Y): 1.19
Revenue Growth: 31.01%
EPS Growth: 2.35%
Country: TW
Employees: 989
Sector: General
Sector Strength: 55
Industry: Manufacturing - Metal Fabrication

Lemtech Holdings Co., Limited Business Overview & Revenue Model

Company Description

Lemtech Holdings Co., Limited is a global manufacturer and supplier specializing in precision metal dies and expertly crafted metal stampings, with operations spanning Asia, the Americas, and Europe. Their comprehensive product range extends to therm...

Lemtech Holdings Co., Limited Financial Statement Overview

Summary

The company has a relatively solid equity base and moderate leverage, but declining margins, weaker profitability, and negative free cash flow materially reduce the score. The cash-flow score was normalized to the required minimum range.

Income Statement

55Neutral

Balance Sheet

68Positive

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.00B	6.28B	5.80B	4.66B	5.98B	6.37B
Gross Profit	1.49B	1.35B	1.39B	1.22B	1.28B	1.33B
EBITDA	918.60M	867.52M	1.03B	721.80M	894.17M	940.91M
Net Income	202.74M	128.99M	401.98M	260.10M	390.76M	465.72M
Balance Sheet
Total Assets	8.63B	9.08B	8.41B	7.27B	7.83B	8.10B
Cash, Cash Equivalents and Short-Term Investments	2.13B	1.62B	1.94B	1.62B	1.92B	3.44B
Total Debt	2.01B	2.61B	2.33B	1.93B	2.74B	2.81B
Total Liabilities	4.41B	5.17B	4.51B	3.75B	4.45B	5.00B
Stockholders Equity	4.19B	3.88B	3.82B	3.42B	3.29B	3.08B
Cash Flow
Free Cash Flow	-265.29M	-237.92M	97.86M	537.70M	-208.49M	288.03M
Operating Cash Flow	177.90M	274.87M	656.88M	1.12B	240.59M	622.11M
Investing Cash Flow	566.65M	-680.41M	-303.00M	-310.37M	-1.79B	-293.66M
Financing Cash Flow	-628.21M	-11.22M	26.25M	-877.88M	-412.14M	1.44B

Lemtech Holdings Co., Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:4912 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3310	62Neutral	TWD 4.74B	17.31	―	5.39%	19.95%	5.00%
TW:6117	62Neutral	TWD 5.57B	12.94	―	3.31%	13.66%	69.40%
TW:6235	59Neutral	TWD 6.02B	19.11	―	3.96%	8.61%	-55.59%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4912	51Neutral	TWD 5.74B	28.57	―	2.38%	31.01%	2.35%
TW:2236	36Underperform	TWD 5.90B	-12.86	―	0.33%	88.01%	-191.43%

* General Sector Average

Performance Comparison

TW:4912 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:4912	Lemtech Holdings Co., Limited	88.50	7.50	9.25%
TW:2236	Patec Precision Industry Co., Ltd.	92.70	9.03	10.79%
TW:3310	Chialin Precision Industrial Co., Ltd.	64.90	4.67	7.75%
TW:6117	In Win Development Inc.	60.40	-14.59	-19.45%
TW:6235	Waffer Technology Corp.	30.30	-30.28	-49.99%
TW:6923	Chung Tai Resource Technology Corp.	68.00	-30.61	-31.04%

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

Lemtech Holdings Co., Limited AI Stock Analysis