Marketech International Corp. AI Stock Analysis
Marketech International Corp. (6196) AI Stock Analysis
Marketech International Corp.
(TWSE:6196)
Marketech International scores in the middle of the range. The strongest support comes from improving fundamentals: record profitability, expanding margins, a markedly deleveraged balance sheet and ROE near 20%. However, these positives are tempered by a roughly 15% revenue decline, thin operating margins, reliance on non-operating income, and inconsistent cash generation in a highly cyclical, project-driven business. The main drag is technical: the stock sits far below all key moving averages with negative momentum, pointing to a sustained downtrend, though oversold readings suggest the selling may be extended. Valuation is fair at an 18.3x P/E with a 1.6% dividend yield, providing some cushion but not a compelling catalyst on its own.
Marketech International Corp. (6196) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 92.54B
- Dividend Yield
- 1.54%
- Average Volume (3M)
- 1.46M
- Price to Earnings (P/E)
- 19.3
- Beta (1Y)
- 1.39
- Revenue Growth
- 86.15%
- EPS Growth
- 58.05%
- Country
- TW
- Employees
- 1,983
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Marketech International Corp. Business Overview & Revenue Model
Company Description
Marketech International Corp. is a multifaceted enterprise engaged in a wide array of activities, including the production, sale, import, and trade of essential components like integrated circuits, semiconductors, electrical and computer hardware, in...
Marketech International Corp. Financial Statement Overview
Summary
A solid but cyclical profile. Profitability hit a record: net income rose roughly 80% to NT$3.24 billion, gross margin improved to 11.0% and net margin to 6.3%, while the balance sheet strengthened materially — debt-to-equity fell to 0.60 from 1.10 and equity grew to NT$16.1 billion, with ROE near 20%. Offsetting this, revenue declined about 15% from 2024's peak, operating margins remain thin (~4.4%), part of the latest profit came from non-operating items, and cash flow is erratic — operating cash flow fell ~39% to NT$5.37 billion after a negative year in 2023. Equity funds less than a third of assets, leaving the company exposed to the semiconductor capex cycle and project working-capital swings.
Income Statement
71PositiveBalance Sheet
68PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 61.62B | 51.57B | 60.68B | 56.28B | 50.37B | 34.46B |
| Gross Profit | 7.60B | 5.65B | 5.28B | 5.25B | 5.39B | 3.62B |
| EBITDA | 4.35B | 3.08B | 4.11B | 3.84B | 3.72B | 2.36B |
| Net Income | 4.85B | 3.24B | 1.80B | 2.16B | 2.21B | 1.55B |
Balance Sheet | ||||||
| Total Assets | 66.28B | 57.45B | 46.66B | 46.70B | 35.33B | 27.86B |
| Cash, Cash Equivalents and Short-Term Investments | 16.13B | 13.14B | 11.51B | 7.37B | 6.59B | 4.36B |
| Total Debt | 8.42B | 9.59B | 13.13B | 14.90B | 9.99B | 7.64B |
| Total Liabilities | 48.22B | 41.26B | 34.63B | 35.46B | 25.85B | 20.06B |
| Stockholders Equity | 17.86B | 16.07B | 11.90B | 11.14B | 9.36B | 7.67B |
Cash Flow | ||||||
| Free Cash Flow | 10.03B | 4.19B | 9.53B | -4.41B | 988.83M | -95.36M |
| Operating Cash Flow | 11.00B | 5.37B | 10.92B | -4.17B | 1.40B | 437.80M |
| Investing Cash Flow | -1.07B | -1.09B | -1.35B | -558.78M | -18.10M | -605.57M |
| Financing Cash Flow | -1.95B | -2.42B | -5.69B | 5.56B | 791.59M | 1.39B |
Marketech International Corp. Peers Comparison
Overall Rating
TW:543474Outperform
TW:613973Outperform
TW:553669Neutral
TW:358359Neutral- TW:619659Neutral
TW:368050Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5434 | 74Outperform | TWD 97.59B | 16.18 | ― | 2.67% | 21.35% | 55.48% |
| TW:6139 | 73Outperform | TWD 142.05B | 12.25 | ― | 3.81% | 67.60% | 136.83% |
| TW:5536 | 69Neutral | TWD 89.71B | 16.27 | ― | 2.77% | 25.59% | 38.05% |
| TW:3583 | 59Neutral | TWD 40.40B | 28.85 | ― | 2.41% | 7.90% | 44.45% |
| TW:6196 | 59Neutral | TWD 92.54B | 19.31 | ― | 1.54% | 86.15% | 58.05% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3680 | 50Neutral | TWD 40.32B | 28.76 | ― | 2.83% | 19.47% | 52.93% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6196 | Marketech International Corp. | 420.00 | 185.83 | 79.35% | |
| TW:3583 | Scientech Corporation | 486.50 | 166.97 | 52.26% | |
| TW:3680 | Gudeng Precision Industrial Co., Ltd. | 421.00 | 93.15 | 28.41% | |
| TW:5434 | Topco Scientific Co., Ltd. | 503.00 | 199.51 | 65.74% | |
| TW:5536 | Acter Group Corporation Limited | 723.00 | 93.82 | 14.91% | |
| TW:6139 | L&K Engineering Co. Ltd. | 603.00 | 205.25 | 51.60% |
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