Taiwan Allied Container Terminal Corp. (5601) AI Stock Analysis

Taiwan Allied Container Terminal Corp.

(TPEx:5601)

Select Model

Rating:66Neutral

Price Target:TWD 34.00▲(3.34% Upside)

Action:initiatedcoverage

Date:11/09/26

The score is anchored by solid financial fundamentals: an essentially debt-free balance sheet, wide and stable ~60% gross margins, a 29% net margin and strong cash conversion with free cash flow covering nearly all reported profit. Offsetting these strengths are weak capital efficiency (ROE of just 2%), minimal growth, and an expensive valuation at a 77x P/E with only a 1.2% dividend yield. Technicals are neutral — the stock has recovered above its 50- and 100-day averages but remains below the 200-day, with RSI and Stochastic in mid-range territory. Overall, this is a defensive, cash-generative capital-preservation story rather than a growth or value opportunity.

Positive Factors

High ProfitabilityStrong gross and net margins indicate that the terminal and logistics platform is converting revenue into substantial operating and bottom-line profit. This profitability provides internal funding capacity, supports resilience across the operating cycle, and can reinforce the company’s competitive position.

Negative Factors

Margin CompressionThe decline from the 2023 net-margin peak shows that profitability is not fully insulated from changes in the operating environment. Even with favorable revenue growth, further margin normalization could reduce earnings conversion and make future profit growth less predictable over the next several quarters.

Taiwan Allied Container Terminal Corp. (5601) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.13B
Dividend Yield: 1.16%
Average Volume (3M): 10.81K
Price to Earnings (P/E): 80.3
Beta (1Y): 0.02
Revenue Growth: 1.53%
EPS Growth: 4.98%
Country: TW
Employees: 41
Sector: General
Sector Strength: 55
Industry: Integrated Freight & Logistics

Taiwan Allied Container Terminal Corp. Business Overview & Revenue Model

Company Description

Taiwan Allied Container Terminal Corp. specializes in container storage and warehouse rental. Its comprehensive services encompass the loading, unpacking, unloading, consolidation, and distribution of containerized goods. Additionally, the company pr...

Taiwan Allied Container Terminal Corp. Financial Statement Overview

Summary

A stable, low-risk infrastructure operator. Income statement (74) shows steady revenue growth to NT$93.6 million, ~60% gross margins, a 36.5% operating margin and 29% net margin, though profit has yet to reclaim its 2023 peak and growth is only low single digit. The balance sheet (76) is fortress-like, with NT$7.5 million of debt against NT$1.39 billion of equity — effectively debt-free — but return on equity of just 2.0% highlights an under-utilized NT$1.87 billion asset base. Cash flow (79) is the strongest element: operating cash flow rose to NT$33.3 million and free cash flow to NT$31.2 million, with excellent conversion and light capex. Overall: defensive and capital-preserving, but inefficient and sub-scale.

Income Statement

74Positive

Balance Sheet

76Positive

Cash Flow

79Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	94.25M	93.59M	91.92M	88.27M	86.55M	78.58M
Gross Profit	55.86M	56.09M	55.35M	53.33M	51.41M	41.89M
EBITDA	41.37M	42.39M	39.66M	44.78M	42.08M	29.28M
Net Income	26.65M	27.17M	25.39M	31.08M	28.68M	18.13M
Balance Sheet
Total Assets	1.89B	1.87B	1.86B	1.87B	1.87B	1.85B
Cash, Cash Equivalents and Short-Term Investments	122.12M	101.97M	95.52M	96.40M	97.15M	81.86M
Total Debt	5.87M	7.48M	5.93M	8.61M	11.91M	10.06M
Total Liabilities	508.36M	482.79M	480.50M	484.69M	487.65M	482.30M
Stockholders Equity	1.38B	1.39B	1.38B	1.38B	1.39B	1.37B
Cash Flow
Free Cash Flow	34.79M	31.16M	25.48M	25.69M	29.66M	10.92M
Operating Cash Flow	35.10M	33.31M	29.85M	30.96M	34.55M	18.56M
Investing Cash Flow	-3.28M	-1.08M	-2.95M	2.22M	-4.04M	-3.33M
Financing Cash Flow	-25.65M	-25.78M	-27.78M	-33.93M	-19.22M	-16.06M

Taiwan Allied Container Terminal Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5601 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5601	66Neutral	TWD 2.13B	80.32	―	1.16%	1.53%	4.98%
TW:2643	62Neutral	TWD 2.27B	8.60	―	6.66%	2.08%	20.69%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:5601 and its peers over the selected period
Show on chart	Ticker	Company Name	Price	Change	% Change
	TW:5601	Taiwan Allied Container Terminal Corp.	32.90	-5.05	-13.32%
	TW:2643	Soonest Express Co Ltd	67.60	0.98	1.48%

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 Allied Container Terminal Corp. AI Stock Analysis