Provision Information Co., Ltd. (6590) AI Stock Analysis

Provision Information Co., Ltd.

(TPEx:6590)

Select Model

Rating:79Outperform

Price Target:TWD 92.00▲(10.31% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 79 is driven primarily by the company's excellent financial performance, marked by a strong revenue recovery, high profitability, and a pristine, low-debt balance sheet. This is complemented by a bullish technical trend and a reasonable valuation with a healthy dividend yield. The main factor capping a higher score is the historical volatility in annual revenue growth, which introduces some unpredictability.

Positive Factors

Strong ProfitabilityHigh and improving margins indicate that Provision Information converts enterprise IT activity into substantial operating profit. This profitability supports reinvestment in software and services, provides resilience against cost pressure, and gives the company a durable earnings base.

Negative Factors

Revenue VolatilityThe sharp swing from contraction to rebound indicates that revenue is not yet highly predictable. Such volatility can complicate workforce planning, investment decisions, and forecasting, and may make future earnings less dependable even though margins remain strong.

Provision Information Co., Ltd. (6590) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.33B
Dividend Yield: 3.06%
Average Volume (3M): 103.59K
Price to Earnings (P/E): 19.6
Beta (1Y): 0.05
Revenue Growth: 10.69%
EPS Growth: -8.66%
Country: TW
Employees: 80
Sector: General
Sector Strength: 55
Industry: Software - Application

Provision Information Co., Ltd. Business Overview & Revenue Model

Company Description

Headquartered in Taipei, Taiwan, and founded in 2000, Provision Information Co.,Ltd. specializes in delivering a diverse array of payment, financial application, and information security solutions specifically tailored for the Taiwanese financial sec...

Provision Information Co., Ltd. Financial Statement Overview

Summary

Strong financial health overall. The income statement shows a powerful 53.7% revenue rebound and expanding margins, the balance sheet is very healthy with low leverage (D/E 0.23) and a solid 17.8% ROE, and cash flow generation is robust with record operating cash flow. The main risk is historical revenue volatility.

Income Statement

78Positive

Balance Sheet

85Very Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	703.08M	663.73M	586.33M	675.83M	520.52M	464.19M
Gross Profit	314.85M	318.56M	247.23M	295.01M	259.07M	215.31M
EBITDA	158.63M	190.22M	151.05M	156.68M	151.72M	94.68M
Net Income	132.90M	125.81M	107.21M	129.47M	92.08M	84.83M
Balance Sheet
Total Assets	1.22B	1.19B	1.07B	1.10B	1.02B	714.60M
Cash, Cash Equivalents and Short-Term Investments	321.68M	313.35M	313.06M	256.33M	261.35M	291.39M
Total Debt	156.95M	163.61M	145.14M	157.41M	179.79M	65.81M
Total Liabilities	391.65M	377.36M	330.43M	354.38M	333.94M	199.82M
Stockholders Equity	702.28M	707.58M	636.60M	634.81M	586.47M	412.63M
Cash Flow
Free Cash Flow	141.08M	123.70M	131.55M	151.69M	-175.84M	49.14M
Operating Cash Flow	146.96M	193.62M	143.10M	163.00M	97.91M	51.97M
Investing Cash Flow	-30.62M	-71.13M	8.99M	-69.59M	-275.69M	-46.77M
Financing Cash Flow	-94.67M	-61.86M	-118.72M	-117.16M	158.73M	-43.57M

Provision Information Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6590 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2471	80Outperform	TWD 2.57B	12.38	―	5.54%	9.46%	85.40%
TW:6590	79Outperform	TWD 2.15B	19.62	―	3.06%	10.69%	-8.66%
TW:3158	77Outperform	TWD 2.48B	10.66	―	8.04%	―	―
TW:5210	64Neutral	TWD 2.49B	27.61	―	―	6.74%	94.68%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:6590 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6590	Provision Information Co., Ltd.	83.40	18.80	29.10%
TW:2471	Ares International Corp.	64.70	17.89	38.20%
TW:3158	SysJust Co., Ltd.	82.40	-25.09	-23.34%
TW:5210	Apex International Financial Engineering Res & Tech Co., Ltd.	29.55	7.45	33.71%
TW:6614	International Integrated Systems, Inc.	33.50	-27.94	-45.47%
TW:7823	CyCraft Technology Corporation	75.70	-72.30	-48.85%

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 10, 2026

Provision Information Co., Ltd. AI Stock Analysis