Excelliance MOS Corp. AI Stock Analysis
Excelliance MOS Corp. (5299) AI Stock Analysis
Excelliance MOS Corp.
(TPEx:5299)
Excelliance MOS earns a moderate score. Its essentially debt-free balance sheet, consistent free cash flow and very low capital intensity provide strong downside protection, and the stock looks inexpensive at a 10.5x P/E with a 4.8% dividend yield. Offsetting this, revenue has declined for five consecutive years, operating margins have roughly halved since 2021, and recent profits lean heavily on non-operating income rather than the core chip business. Technicals are the weakest element, with the price trading below all major moving averages and a deeply negative MACD, indicating sustained downward pressure despite oversold readings. A re-rating likely requires a return to top-line growth and operating-margin expansion.
Excelliance MOS Corp. (5299) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.06B
- Dividend Yield
- 4.59%
- Average Volume (3M)
- 234.87K
- Price to Earnings (P/E)
- 10.9
- Beta (1Y)
- 1.00
- Revenue Growth
- -8.83%
- EPS Growth
- 69.15%
- Country
- TW
- Employees
- 57
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Excelliance MOS Corp. Business Overview & Revenue Model
Company Description
Excelliance MOS Corporation, established in 1997 and headquartered in Zhubei, Taiwan, is a prominent entity specializing in power electronics. The company is dedicated to the full spectrum of power component and integrated circuit operations, from in...
Excelliance MOS Corp. Financial Statement Overview
Summary
A debt-free, fortress balance sheet (debt-to-equity near zero, 83% equity funding, steadily growing equity base) is the clear strength, scoring 89. Cash flow remains positive with free cash flow of NT$239 million and minimal capital intensity, though operating cash flow has trended down for five straight periods (66). The weak link is the income statement (54): revenue has contracted from NT$2.76 billion in 2021 to NT$1.45 billion TTM, operating margin has halved to 14.5%, and headline TTM net income of NT$382 million is more than double operating profit, pointing to low-quality, non-operating driven earnings. Gross margin recovery to 33.3% and an improving 11.6% ROE are early stabilization signals.
Income Statement
54NeutralBalance Sheet
89Very PositiveCash Flow
66Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.45B | 1.48B | 1.69B | 1.73B | 2.33B | 2.76B |
| Gross Profit | 481.50M | 515.93M | 478.73M | 451.86M | 952.89M | 1.15B |
| EBITDA | 288.14M | 309.31M | 382.01M | 333.17M | 738.35M | 799.01M |
| Net Income | 382.19M | 232.84M | 301.79M | 260.84M | 569.74M | 627.91M |
Balance Sheet | ||||||
| Total Assets | 4.10B | 3.79B | 3.88B | 3.96B | 2.74B | 2.54B |
| Cash, Cash Equivalents and Short-Term Investments | 1.22B | 395.44M | 360.97M | 2.16B | 265.40M | 318.31M |
| Total Debt | 4.80M | 6.66M | 7.32M | 7.50M | 9.74M | 14.86M |
| Total Liabilities | 677.09M | 524.97M | 649.23M | 827.36M | 933.73M | 899.24M |
| Stockholders Equity | 3.42B | 3.26B | 3.23B | 3.13B | 1.81B | 1.65B |
Cash Flow | ||||||
| Free Cash Flow | 238.71M | 302.40M | 362.68M | 296.86M | 411.91M | 683.39M |
| Operating Cash Flow | 263.02M | 355.07M | 399.02M | 362.71M | 431.11M | 696.26M |
| Investing Cash Flow | -115.02M | -113.90M | -166.36M | -1.47B | -31.42M | -397.91M |
| Financing Cash Flow | -169.01M | -217.59M | -216.72M | 1.06B | -417.39M | -220.54M |
Excelliance MOS Corp. Peers Comparison
Overall Rating
TW:665165Neutral- TW:529964Neutral
TW:331756Neutral
TW:771255Neutral
TW:816252Neutral
TW:545245Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6651 | 65Neutral | TWD 4.33B | 15.01 | ― | 3.05% | -2.52% | 34.22% |
| TW:5299 | 64Neutral | TWD 4.05B | 10.85 | ― | 4.59% | -8.83% | 69.15% |
| TW:3317 | 56Neutral | TWD 4.60B | 27.66 | ― | 0.97% | 0.01% | -22.67% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:7712 | 55Neutral | TWD 4.40B | 19.62 | ― | 2.96% | 19.62% | 54.20% |
| TW:8162 | 52Neutral | TWD 3.79B | 41.11 | ― | 2.65% | -0.61% | -30.74% |
| TW:5452 | 45Neutral | TWD 3.70B | 69.09 | ― | 1.00% | -4.18% | -24.42% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:5299 | Excelliance MOS Corp. | 79.80 | 7.47 | 10.32% | |
| TW:3317 | Niko Semiconductor Co., Ltd. | 51.80 | 1.69 | 3.37% | |
| TW:5452 | Unic Technology Corp. | 25.05 | 3.07 | 13.98% | |
| TW:6651 | Cystech Electronics Corp. | 131.00 | 58.54 | 80.78% | |
| TW:7712 | Potens Semiconductor Corp. | 135.00 | 45.73 | 51.23% | |
| TW:8162 | Micro Silicon Electronics Co Ltd | 56.60 | 22.30 | 65.02% |
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