Acer Cyber Security, Inc. (6690) AI Stock Analysis

Acer Cyber Security, Inc.

(TPEx:6690)

Select Model

Rating:82Outperform

Price Target:TWD 212.00▲(10.99% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by strong financial performance, especially the balance sheet and profitability. Reasonable valuation adds support, while mixed short-term technical momentum and cash-flow volatility limit the upside.

Positive Factors

Profitability and MarginsStrong gross, operating, and net margins demonstrate effective cost control and a profitable service model. The improvement in net margin since 2021 indicates that the company has strengthened earnings quality, creating more internal capacity to invest in cybersecurity capabilities and support durable growth.

Negative Factors

Growth SustainabilityThe exceptionally high TTM revenue growth rate may not represent a sustainable medium-term run rate, particularly because annual growth from 2022 through 2025 was steadier. If growth normalizes materially, expectations for future operating leverage and earnings expansion could also moderate.

Acer Cyber Security, Inc. (6690) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 5.83B
Dividend Yield: 4.71%
Average Volume (3M): 254.26K
Price to Earnings (P/E): 17.4
Beta (1Y): 0.53
Revenue Growth: 13.31%
EPS Growth: 14.02%
Country: TW
Employees: 217
Sector: General
Sector Strength: 55
Industry: Software - Infrastructure

Acer Cyber Security, Inc. Business Overview & Revenue Model

Company Description

Acer Cyber Security Inc., a subsidiary of Acer Incorporated, delivers a comprehensive suite of cybersecurity solutions. The company's expertise spans key areas including security management, vigilant monitoring, meticulous auditing, proactive informa...

Acer Cyber Security, Inc. Financial Statement Overview

Summary

Strong profitability and balance-sheet quality, supported by low leverage, substantial equity, and robust cash generation. Volatile reported growth and weakening free-cash-flow trends temper the score.

Income Statement

88Very Positive

Balance Sheet

90Very Positive

Cash Flow

75Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.66B	2.43B	2.15B	1.84B	1.60B	1.45B
Gross Profit	1.08B	1.03B	890.33M	733.33M	642.49M	542.21M
EBITDA	1.51B	1.45B	1.22B	935.41M	865.52M	635.67M
Net Income	338.82M	306.69M	225.76M	190.59M	155.37M	86.85M
Balance Sheet
Total Assets	4.61B	4.82B	4.68B	2.52B	2.14B	2.10B
Cash, Cash Equivalents and Short-Term Investments	1.41B	1.67B	1.52B	453.15M	568.39M	419.86M
Total Debt	407.40M	436.02M	477.76M	245.03M	283.18M	309.23M
Total Liabilities	1.49B	1.68B	1.67B	1.23B	926.37M	991.91M
Stockholders Equity	3.12B	3.14B	3.01B	1.29B	1.21B	1.11B
Cash Flow
Free Cash Flow	1.21B	1.21B	252.87M	455.28M	613.07M	63.98M
Operating Cash Flow	1.30B	1.28B	1.49B	859.38M	862.34M	624.97M
Investing Cash Flow	-1.19B	-1.68B	-1.98B	-979.47M	-1.09B	-715.45M
Financing Cash Flow	-312.31M	-221.74M	1.56B	4.84M	371.92M	-78.45M

Acer Cyber Security, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6690 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6690	82Outperform	TWD 5.61B	17.36	―	4.71%	13.31%	14.02%
TW:5209	76Outperform	TWD 5.67B	11.38	―	5.94%	4.58%	32.53%
TW:2453	72Outperform	TWD 5.62B	18.32	―	4.84%	5.94%	4.48%
TW:6689	65Neutral	TWD 5.16B	36.24	―	2.56%	-0.73%	16.72%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3558	45Neutral	TWD 6.20B	50.48	―	2.90%	-3.32%	-69.25%
TW:3062	43Neutral	TWD 6.39B	-9.39	―	―	-1.21%	-212.49%

* General Sector Average

Performance Comparison

TW:6690 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6690	Acer Cyber Security, Inc.	191.00	27.92	17.12%
TW:2453	Syscom Computer Engineering Co., Ltd.	57.90	5.33	10.14%
TW:3062	CyberTAN Technology, Inc.	18.60	-7.60	-29.01%
TW:3558	Senao Networks, Inc.	103.50	-30.83	-22.95%
TW:5209	CTCI Advanced Systems Inc.	218.00	59.87	37.86%
TW:6689	eCloudvalley Digital Technology Co., Ltd.	78.00	14.33	22.51%

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

Acer Cyber Security, Inc. AI Stock Analysis