Holtek Semiconductor Inc. (6202) AI Stock Analysis

Holtek Semiconductor Inc.

(TWSE:6202)

Select Model

Rating:65Neutral

Price Target:TWD 46.00▼(-0.22% Downside)

Action:initiatedcoverage

Date:11/10/26

Solid financial recovery and balance sheet strength are the primary drivers, offset by weak technical momentum.

Positive Factors

Revenue and Profit RecoveryThe return to revenue growth and healthy profitability indicates that Holtek has regained operating traction after a difficult period. A solid gross margin provides room to support product development and commercial investment, while renewed earnings improve the company’s ability to fund growth internally.

Negative Factors

Cyclical Earnings ProfileThe gap between current performance and the 2021–2022 peak shows that Holtek’s earnings power remains sensitive to semiconductor-cycle conditions. This limits confidence that the recent recovery represents a durable normalization and may produce uneven results across the next several quarters.

Holtek Semiconductor Inc. (6202) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 10.63B
Dividend Yield: 1.48%
Average Volume (3M): 1.37M
Price to Earnings (P/E): 27.6
Beta (1Y): 1.30
Revenue Growth: 15.45%
EPS Growth: 170.25%
Country: TW
Employees: 5,160
Sector: General
Sector Strength: 55
Industry: Semiconductors

Holtek Semiconductor Inc. Business Overview & Revenue Model

Company Description

Holtek Semiconductor Inc. engages in the research, development, production, and sale of integrated circuits in Taiwan, China, and internationally. The company provides a range of general purpose and specialized types of microcontrollers (MCU) for use...

Holtek Semiconductor Inc. Financial Statement Overview

Summary

Recovery in TTM with 9.8% revenue growth, solid margins, strong balance sheet with low debt-to-equity of 0.06, and robust free cash flow of 628 million.

Income Statement

67Positive

Balance Sheet

86Very Positive

Cash Flow

79Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.57B	3.06B	2.50B	2.60B	6.02B	7.13B
Gross Profit	1.54B	1.19B	962.84M	1.10B	3.09B	3.82B
EBITDA	526.90M	331.27M	-5.71M	239.46M	1.51B	2.74B
Net Income	391.13M	173.32M	-149.56M	111.74M	1.11B	2.04B
Balance Sheet
Total Assets	5.81B	5.56B	5.62B	6.19B	6.82B	8.54B
Cash, Cash Equivalents and Short-Term Investments	2.86B	3.06B	2.81B	2.35B	2.40B	4.57B
Total Debt	271.23M	710.12M	1.09B	1.11B	192.19M	346.06M
Total Liabilities	1.52B	1.58B	1.96B	2.09B	2.08B	2.83B
Stockholders Equity	4.20B	3.92B	3.60B	4.04B	4.68B	5.66B
Cash Flow
Free Cash Flow	628.35M	263.76M	193.78M	-224.12M	449.37M	2.60B
Operating Cash Flow	678.98M	380.45M	310.26M	4.24M	530.41M	2.71B
Investing Cash Flow	-229.24M	435.09M	-98.03M	-189.76M	1.08B	-1.64B
Financing Cash Flow	-619.70M	-219.85M	-155.13M	92.74M	-1.88B	-1.05B

Holtek Semiconductor Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6202 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6202	65Neutral	TWD 10.46B	27.56	―	1.48%	15.45%	170.25%
TW:2436	61Neutral	TWD 11.00B	9.01	―	3.57%	25.84%	214.39%
TW:6291	60Neutral	TWD 9.32B	24.34	―	1.93%	35.76%	169.17%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3545	45Neutral	TWD 10.24B	-9.02	―	1.79%	-20.71%	-280.66%
TW:3228	44Neutral	TWD 8.63B	-63.66	―	―	4.58%	9.27%

* General Sector Average

Performance Comparison

TW:6202 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6202	Holtek Semiconductor Inc.	46.10	8.41	22.30%
TW:2436	Weltrend Semiconductor, Inc.	54.80	9.62	21.30%
TW:3228	RDC Semiconductor Co. Ltd.	121.50	-18.50	-13.21%
TW:3545	FocalTech Systems Co., Ltd.	45.55	-6.88	-13.13%
TW:4925	JMicron Technology Corporation	101.50	67.42	197.83%
TW:6291	Analog Integrations Corporation	311.00	164.11	111.72%

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

Holtek Semiconductor Inc. AI Stock Analysis