Marketech International Corp. (6196) AI Stock Analysis

Marketech International Corp.

(TWSE:6196)

Select Model

Rating:59Neutral

Price Target:TWD 421.00▼(-0.82% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily supported by the company’s stronger balance sheet and improved profitability. However, declining revenue, weaker cash generation, and clearly bearish technical trends materially reduce the outlook. Moderate valuation provides only limited support.

Positive Factors

Deleveraging and stronger equity baseMaterial deleveraging has strengthened the balance sheet and reduced financial pressure relative to prior years. A larger equity base and lower debt should improve resilience, preserve borrowing capacity, and give management more flexibility to fund projects or withstand weaker operating conditions.

Negative Factors

Severe revenue contractionThe sharp revenue contraction is a major fundamental weakness because it signals substantial volatility in the company’s project-driven top line. Even with improved margins and earnings, such a decline can reduce operating scale, make results less predictable, and complicate sustained investment in future growth.

Marketech International Corp. (6196) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 89.78B
Dividend Yield: 1.52%
Average Volume (3M): 1.46M
Price to Earnings (P/E): 19.2
Beta (1Y): 1.41
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

Financial performance is mixed: the balance sheet strengthened substantially and profitability improved, but revenue, operating efficiency, and cash-flow generation weakened. The score reflects the strong balance sheet offset by declining cash flow and uncertain revenue momentum.

Income Statement

64Positive

Balance Sheet

81Very Positive

Cash Flow

49Neutral

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6196 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5434	74Outperform	TWD 97.59B	16.52	―	2.58%	21.35%	55.48%
TW:6139	73Outperform	TWD 142.05B	11.54	―	3.65%	67.60%	136.83%
TW:5536	69Neutral	TWD 89.71B	16.92	―	2.67%	25.59%	38.05%
TW:3583	59Neutral	TWD 40.40B	27.47	―	2.33%	7.90%	44.45%
TW:6196	59Neutral	TWD 92.54B	19.17	―	1.52%	86.15%	58.05%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3680	50Neutral	TWD 40.32B	28.70	―	3.42%	39.67%	157.45%

* General Sector Average

Performance Comparison

TW:6196 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6196	Marketech International Corp.	424.50	191.31	82.04%
TW:3583	Scientech Corporation	505.00	192.41	61.55%
TW:3680	Gudeng Precision Industrial Co., Ltd.	435.50	99.76	29.72%
TW:5434	Topco Scientific Co., Ltd.	520.00	220.90	73.85%
TW:5536	Acter Group Corporation Limited	748.00	108.01	16.88%
TW:6139	L&K Engineering Co. Ltd.	630.00	224.00	55.17%

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

Marketech International Corp. AI Stock Analysis