Nuuo, Inc. (6419) AI Stock Analysis

Nuuo, Inc.

(TPEx:6419)

Select Model

Rating:61Neutral

Price Target:TWD 117.00▼(-6.77% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak and negative cash flow, declining revenue, and bearish technical momentum. Strong balance-sheet quality, continued profitability, and very low valuation provide meaningful support, but they do not fully offset the operating and technical risks.

Positive Factors

Strong ProfitabilityPositive net income since 2021 and a 25% 2025 net margin indicate that the VMS/NVR business is currently capable of producing substantial accounting profit. This earnings base can support reinvestment and resilience, although operating consistency still matters.

Negative Factors

Weak Cash ConversionOperating and free cash flow both fell to about -55M in 2025 after positive results in 2023–2024, showing that reported earnings are not converting reliably into cash. This can restrict internally funded investment and raises execution and working-capital concerns over coming quarters.

Nuuo, Inc. (6419) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.65B
Dividend Yield: 2.25%
Average Volume (3M): 260.93K
Price to Earnings (P/E): 4.3
Beta (1Y): 0.97
Revenue Growth: 36.78%
EPS Growth: 583.03%
Country: TW
Employees: 200
Sector: General
Sector Strength: 55
Industry: Security & Protection Services

Nuuo, Inc. Business Overview & Revenue Model

Company Description

Established in 2004 and headquartered in Miaoli, Taiwan, NUUO Inc. specializes in delivering comprehensive video surveillance solutions. The company's offerings enable the recording and live monitoring of security footage, alongside seamless integrat...

Nuuo, Inc. Financial Statement Overview

Summary

Profitability and the balance sheet are solid, supported by strong margins, low leverage, and 27.6% ROE. However, declining revenue and negative operating and free cash flow materially weaken the financial outlook; the cash-flow score is capped at the required minimum of 37.

Income Statement

65Positive

Balance Sheet

82Very Positive

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	912.10M	498.24M	776.57M	345.60M	179.04M	266.03M
Gross Profit	219.38M	132.54M	161.98M	121.13M	84.67M	105.26M
EBITDA	149.08M	77.95M	166.22M	45.32M	95.89M	86.44M
Net Income	390.94M	126.03M	137.67M	19.43M	71.75M	64.10M
Balance Sheet
Total Assets	1.23B	616.26M	741.56M	427.06M	493.43M	448.08M
Cash, Cash Equivalents and Short-Term Investments	875.90M	469.69M	631.50M	314.06M	370.28M	304.77M
Total Debt	306.69M	95.17M	234.31M	65.04M	66.50M	63.46M
Total Liabilities	517.30M	159.61M	372.66M	148.30M	164.03M	191.42M
Stockholders Equity	714.22M	456.65M	368.92M	278.77M	329.13M	256.38M
Cash Flow
Free Cash Flow	-88.62M	-55.07M	12.70M	60.61M	-38.08M	-7.50M
Operating Cash Flow	-48.21M	-54.94M	16.07M	61.51M	-34.81M	-6.31M
Investing Cash Flow	-7.85M	4.87M	10.69M	34.18M	6.62M	27.20M
Financing Cash Flow	162.22M	-184.87M	99.00M	-89.78M	-17.41M	-15.09M

Nuuo, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6419 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6419	61Neutral	TWD 1.58B	4.34	―	2.25%	36.78%	583.03%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8089	54Neutral	TWD 1.98B	-12.87	―	3.30%	-67.55%	-168.26%
TW:6570	47Neutral	TWD 1.60B	17.13	―	2.56%	14.53%	96.60%
TW:2444	43Neutral	TWD 1.46B	-6.19	―	―	-28.59%	-77.80%
TW:8059	39Underperform	TWD 1.61B	-9.42	―	―	438.05%	69.51%

* General Sector Average

Performance Comparison

TW:6419 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6419	Nuuo, Inc.	125.50	69.10	122.52%
TW:2444	AboCom Systems, Inc.	13.50	2.55	23.29%
TW:6570	Aplex Technology Inc.	43.00	4.58	11.92%
TW:7801	Asustor, Inc.	80.20	-22.87	-22.19%
TW:8059	CastleNet Technology, Inc.	13.30	-22.19	-62.53%
TW:8089	Comtrend Corp	32.90	1.90	6.13%

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

Nuuo, Inc. AI Stock Analysis