Kent Industrial Co., Ltd. AI Stock Analysis
Kent Industrial Co., Ltd. (6606) AI Stock Analysis
Kent Industrial Co., Ltd.
(TWSE:6606)
Kent Industrial earns a moderate score. The foundation is a near debt-free balance sheet and an improving earnings profile, with revenue back to growth and margins widening in 2025. The key weakness is cash conversion — the company burned cash from operations despite NT$120m of net income, and free cash flow has been negative in three of the last five years. Technicals are the main drag, with the share price below all major moving averages and a negative MACD, though the depressed RSI and Stochastic readings suggest selling may be nearing exhaustion. A fair 16x P/E, a 4.5% dividend yield, and a very low beta of 0.25 provide valuation and defensive support, leaving the stock as a financially sturdy but currently out-of-favour holding where restoring consistent free cash flow is the key to a re-rating.
Kent Industrial Co., Ltd. (6606) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.54B
- Dividend Yield
- 4.34%
- Average Volume (3M)
- 84.52K
- Price to Earnings (P/E)
- 16.3
- Beta (1Y)
- 0.26
- Revenue Growth
- 19.80%
- EPS Growth
- 80.69%
- Country
- TW
- Employees
- 301
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
Kent Industrial Co., Ltd. Business Overview & Revenue Model
Company Description
KENT Industrial Co.,Ltd. is a global enterprise dedicated to the engineering, manufacturing, and distribution of high-precision industrial machinery, specialized tooling, and related industrial components. With operations extending across Taiwan, Asi...
Kent Industrial Co., Ltd. Financial Statement Overview
Summary
Kent Industrial combines an improving income statement (score 71) and an exceptionally strong balance sheet (score 85) with weak cash generation (score 33). Revenue returned to growth in 2025 (+4.8% to NT$815m) with gross margin recovering to ~40% and net income up ~18% to NT$120m. The company is effectively debt-free, with equity funding ~78% of assets, leaving very low financial risk. The offset is cash conversion: operating cash flow was negative NT$22.5m and free cash flow negative ~NT$75m in 2025, and free cash flow has been negative in three of the last five years. Returns on equity remain modest at ~7.4%, and earnings are still below the 2022 peak.
Income Statement
71PositiveBalance Sheet
85Very PositiveCash Flow
33Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 899.89M | 815.27M | 729.14M | 755.75M | 901.15M | 874.07M |
| Gross Profit | 378.86M | 327.63M | 270.11M | 302.06M | 384.64M | 403.33M |
| EBITDA | 323.35M | 256.42M | 230.86M | 226.47M | 289.78M | 314.38M |
| Net Income | 159.69M | 120.49M | 101.83M | 101.99M | 143.97M | 156.16M |
Balance Sheet | ||||||
| Total Assets | 2.34B | 2.07B | 2.36B | 2.17B | 2.15B | 2.79B |
| Cash, Cash Equivalents and Short-Term Investments | 777.16M | 559.41M | 738.07M | 484.68M | 484.49M | 1.22B |
| Total Debt | 3.95M | 7.87M | 89.21M | 83.88M | 191.77M | 615.13M |
| Total Liabilities | 647.87M | 403.24M | 481.23M | 473.49M | 659.39M | 1.10B |
| Stockholders Equity | 1.65B | 1.62B | 1.84B | 1.67B | 1.46B | 1.66B |
Cash Flow | ||||||
| Free Cash Flow | 143.16M | -75.37M | 231.78M | -22.35M | 205.18M | -65.81M |
| Operating Cash Flow | 242.41M | -22.50M | 268.94M | 31.85M | 240.81M | 93.58M |
| Investing Cash Flow | -101.51M | -81.91M | 398.26M | -78.05M | 261.33M | 299.12M |
| Financing Cash Flow | -6.08M | -410.80M | -161.61M | -28.32M | -573.55M | -312.13M |
Kent Industrial Co., Ltd. Peers Comparison
Overall Rating
TW:685568Neutral
TW:224866Neutral- TW:660662Neutral
TW:454540Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6855 | 68Neutral | TWD 2.52B | 10.95 | ― | 5.07% | -11.74% | 55.55% |
| TW:2248 | 66Neutral | TWD 2.76B | 10.92 | ― | 5.35% | 35.53% | 59.41% |
| TW:6606 | 62Neutral | TWD 2.49B | 16.27 | ― | 4.34% | 19.80% | 80.69% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4545 | 40Underperform | TWD 2.68B | 27.59 | ― | 0.34% | 1.97% | 1277.45% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6606 | Kent Industrial Co., Ltd. | 23.75 | -0.30 | -1.24% | |
| TW:2248 | Shining Victory Motor Electronic Co., Ltd. | 58.00 | 11.01 | 23.43% | |
| TW:2252 | CUBTEK Inc. | 28.80 | 9.45 | 48.84% | |
| TW:4545 | Min Aik Precision Industrial Co., Ltd. | 38.20 | 5.33 | 16.20% | |
| TW:6722 | Whetron Electronics Co., Ltd. | 29.95 | -27.65 | -48.01% | |
| TW:6855 | Eclatorq Technology Co., Ltd. | 108.50 | -2.16 | -1.95% |
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