Skip to main content
TipRanks
Go Ultimate75% OFF

Antec Inc (6276) AI Stock Analysis

TW:6276

Antec Inc

(TPEx:6276)

Select Model
Rating:43Neutral
Price Target:TWD 13.00â–¼(-3.35% Downside)
Action:initiatedcoverage
Date:11/09/26

The score reflects a company stabilizing but not yet inflecting. While revenue growth, a return to profit and positive free cash flow are encouraging, margins are razor thin at 1.4%, earnings have been erratic, equity has eroded sharply and leverage has risen to a 0.79 debt-to-equity ratio, leaving limited cushion. Compounding this, the technical trend is firmly negative, with the share price well below all major moving averages and momentum indicators showing sustained heavy selling. Valuation provides no offset: the P/E is negative due to trailing losses and there is no dividend. Overall, the risk profile outweighs the early signs of operational recovery.

Positive Factors
Return to ProfitabilityThe return to positive earnings in 2025 shows that the company restored profitability after the prior-year loss. Although earnings quality remains modest, this recovery provides a base for rebuilding retained capital and demonstrates that operations can remain viable through a difficult period.
Negative Factors
Sharp Revenue ContractionA roughly 39% annual revenue decline is a substantial contraction in the company’s operating base and raises concern about demand or pricing pressure. If sales do not stabilize, fixed costs and limited scale could continue to restrict profitability and weaken future cash generation.

Antec Inc (6276) vs. SPDR S&P 500 ETF (SPY)

-80%-60%-40%-20%0%20%TW:6276-65.25%SPY+14.28%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 295.38M
Dividend Yield
―
Average Volume (3M)
24.72K
Price to Earnings (P/E)
-2.8
Beta (1Y)
0.88
Revenue Growth
-37.71%
EPS Growth
-670.82%
Country
TW
Employees
34
Sector
General
Sector Strength
55
Industry
Electrical Equipment & Parts

Antec Inc Business Overview & Revenue Model

Company Description

Founded in 1986 and headquartered in Taipei, Taiwan, Antec Inc. is a global supplier of computer hardware. The company designs and markets a diverse range of components and peripherals, serving the needs of gamers, PC upgraders, and custom system bui...

Antec Inc Financial Statement Overview

Summary

Antec is in the early, fragile stage of a turnaround. Revenue rose about 20% to NT$1.44 billion and the company swung back to a net profit of NT$20.2 million from a NT$47.6 million loss, while operating cash flow turned positive at NT$47.7 million with NT$26.6 million of free cash flow, enabling modest debt reduction. However, quality remains weak: net margin is just 1.4%, far below prior years; gross margin has compressed from a 29.1% peak; profitability has flipped between profit and loss three times in five years; shareholders' equity has nearly halved since 2020 to NT$230.6 million; and debt-to-equity has jumped from 0.06 to 0.79. Free cash flow has alternated between positive and negative in four of the last five years, leaving durability unproven.

Income Statement

44Neutral

Balance Sheet

45Neutral

Cash Flow

50Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.06B1.44B1.20B1.12B1.19B1.49B
Gross Profit215.37M333.51M267.65M325.70M251.78M302.01M
EBITDA-58.20M54.38M-23.32M75.80M36.13M48.74M
Net Income-94.08M20.18M-47.60M56.33M23.67M34.46M
Balance Sheet
Total Assets435.86M635.73M668.93M536.50M580.60M641.48M
Cash, Cash Equivalents and Short-Term Investments114.96M196.21M196.13M215.80M251.02M194.72M
Total Debt161.65M182.00M202.51M72.05M22.46M61.14M
Total Liabilities309.98M405.09M460.48M232.06M216.38M271.26M
Stockholders Equity125.88M230.64M208.45M303.78M363.56M369.39M
Cash Flow
Free Cash Flow-35.29M26.63M-105.11M34.91M106.42M-108.28M
Operating Cash Flow-19.78M47.73M-83.06M62.89M121.63M-105.12M
Investing Cash Flow-14.20M-20.86M-16.27M10.55M-19.15M26.63M
Financing Cash Flow-9.85M-29.27M77.82M-73.83M-85.08M-96.29M

Antec Inc Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:6276 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:6103TW:610344NeutralTWD 417.67M-13478.26―0.61%-4.14%-100.17%
TW:6512TW:651243NeutralTWD 503.94M-10.00――-51.46%-136.41%
TW:6276TW:627643NeutralTWD 310.81M-2.79――-37.71%-670.82%
TW:6228TW:622840UnderperformTWD 519.10M-76.88――14.18%73.64%

* General Sector Average

Performance Comparison

-50%-25%0%25%TW:6276TW:5240TW:6103TW:6228TW:6512TW:6858Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:6276 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:6276Antec Inc13.45-26.15-66.04%
TW:5240ACTI Corporation16.40-7.04-30.02%
TW:6103Avid Electronics Corp.31.95-6.70-17.34%
TW:6228Pacific Image Electronics Co., Ltd.18.45-9.05-32.91%
TW:6512GoMax Electronics, Inc.19.90-1.25-5.91%
TW:6858IPEVO Corporation22.70-7.40-24.58%
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