Wendell Industrial Co., Ltd. AI Stock Analysis
Wendell Industrial Co., Ltd. (6761) AI Stock Analysis
Wendell Industrial Co., Ltd.
(TPEx:6761)
Wendell earns a moderately above-average score driven primarily by solid fundamentals: record net income on sharply higher margins, a de-levered balance sheet with debt-to-equity of just 0.22, and operating cash flow that exceeds reported earnings. Valuation reinforces the case, with a P/E of 15.0 and a 5.33% dividend yield. Offsetting these strengths, the technical picture is clearly negative — the stock trades far below all major moving averages with a deeply negative MACD — and fundamentals carry two real risks: a stalled top line (revenue down to NT$1.97bn) and free cash flow turning negative on roughly NT$445m of capital spending. The result is an attractively valued, financially stable company whose score is held back by weak price momentum and uncertain growth.
Wendell Industrial Co., Ltd. (6761) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.19B
- Dividend Yield
- 4.92%
- Average Volume (3M)
- 282.58K
- Price to Earnings (P/E)
- 16.4
- Beta (1Y)
- 1.32
- Revenue Growth
- -3.95%
- EPS Growth
- 2.16%
- Country
- TW
- Employees
- 264
- Sector
- General
- Sector Strength
- 55
- Industry
- Technology Distributors
Wendell Industrial Co., Ltd. Business Overview & Revenue Model
Company Description
Wendell Industrial Co., Ltd operates as a global provider of electronic components, with a strong market presence in Taiwan, China, and Korea. The company's extensive product range features crucial electronic devices such as MOSFETs, diodes, and rect...
Wendell Industrial Co., Ltd. Financial Statement Overview
Summary
A financially sound, conservatively funded business. The balance sheet is the standout (score 80): equity rose to NT$1.79bn while total debt was cut to NT$395.7m, taking debt-to-equity down to 0.22 from 0.43, though ROE eased to 13.9%. Earnings quality is also strong (score 76): gross margin expanded to 36.4% from 32.1% and net margin to 12.6%, lifting net income ~16% to a record NT$248.8m despite revenue slipping to NT$1.97bn. Cash flow is the weak link (score 58): operating cash flow grew ~40% to NT$358.3m and exceeded net income, but heavy capex of roughly NT$445m pushed free cash flow to negative NT$87.2m, the third negative year in five. Key watch items are revenue re-acceleration and whether the current investment cycle converts into positive free cash flow.
Income Statement
76PositiveBalance Sheet
80PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.89B | 1.97B | 2.02B | 1.74B | 1.92B | 1.89B |
| Gross Profit | 721.55M | 719.37M | 649.58M | 504.00M | 582.69M | 585.31M |
| EBITDA | 352.41M | 366.31M | 343.67M | 213.60M | 326.81M | 307.40M |
| Net Income | 259.60M | 248.84M | 214.38M | 101.33M | 193.39M | 188.61M |
Balance Sheet | ||||||
| Total Assets | 3.13B | 2.66B | 2.44B | 1.95B | 1.93B | 1.60B |
| Cash, Cash Equivalents and Short-Term Investments | 504.03M | 565.88M | 820.74M | 557.60M | 422.80M | 324.96M |
| Total Debt | 941.25M | 395.74M | 610.25M | 665.25M | 570.20M | 323.07M |
| Total Liabilities | 1.42B | 867.74M | 1.01B | 960.91M | 911.46M | 663.31M |
| Stockholders Equity | 1.71B | 1.79B | 1.43B | 993.68M | 1.02B | 933.20M |
Cash Flow | ||||||
| Free Cash Flow | -87.17M | -87.21M | 62.50M | 121.10M | -48.21M | -48.13M |
| Operating Cash Flow | 256.86M | 358.32M | 256.65M | 170.62M | 200.43M | -11.88M |
| Investing Cash Flow | -540.66M | -452.22M | -198.48M | -8.49M | -232.68M | -41.25M |
| Financing Cash Flow | 122.66M | -158.17M | 118.08M | -54.24M | 139.98M | 140.96M |
Wendell Industrial Co., Ltd. Peers Comparison
Overall Rating
TW:152464Neutral- TW:676164Neutral
TW:456954Neutral
TW:158445Neutral
TW:201242Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:1524 | 64Neutral | TWD 4.04B | 11.14 | ― | 5.71% | -11.49% | -13.91% |
| TW:6761 | 64Neutral | TWD 4.21B | 16.40 | ― | 4.92% | -3.95% | 2.16% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4569 | 54Neutral | TWD 4.24B | 16.13 | ― | 2.27% | 12.32% | 150.98% |
| TW:1584 | 45Neutral | TWD 3.75B | 26.53 | ― | 1.61% | -9.63% | 439.46% |
| TW:2012 | 42Neutral | TWD 3.90B | -65.93 | ― | 2.15% | -14.50% | -160.42% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6761 | Wendell Industrial Co., Ltd. | 122.00 | -7.26 | -5.62% | |
| TW:1524 | Gordon Auto Body Parts Co., Ltd. | 24.50 | -4.70 | -16.10% | |
| TW:1584 | S-Tech Corp | 16.00 | -5.96 | -27.13% | |
| TW:2012 | Chun Yu Works & Co., Ltd. | 13.95 | -1.14 | -7.55% | |
| TW:4569 | Sixxon Tech Co Ltd | 143.00 | -3.59 | -2.45% | |
| TW:7955 | Car Quality Automotive Co., Ltd. | 169.50 | -30.50 | -15.25% |
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