Ping Ho Environmental.Technology Co. Ltd. (6771) AI Stock Analysis

Ping Ho Environmental.Technology Co. Ltd.

(TWSE:6771)

Select Model

Rating:52Neutral

Price Target:TWD 37.00▲(2.35% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 52 reflects a company with a solid balance sheet and attractive valuation that is under significant operational and technical pressure. The primary strength is the low P/E and high dividend yield, supported by a conservative capital structure. However, these positives are heavily weighed down by a clear trend of declining revenue, compressing margins, and falling cash flows. The technical picture is the most significant risk, with the stock in a strong downtrend and deeply oversold, suggesting the market is pricing in further fundamental deterioration.

Positive Factors

Healthy ProfitabilityStrong net and operating margins indicate that the company retains meaningful pricing, execution, or solution-value advantages within environmental technology. This profitability provides internal funding capacity and a durable buffer against moderate demand volatility over the coming quarters.

Negative Factors

Revenue ContractionThe recent revenue decline and preceding stagnation indicate that growth momentum has weakened. If this persists, slower scale expansion could limit operating leverage, reduce the company’s ability to spread costs across projects, and make future profit growth more dependent on efficiency gains.

Ping Ho Environmental.Technology Co. Ltd. (6771) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.13B
Dividend Yield: 8.85%
Average Volume (3M): 34.85K
Price to Earnings (P/E): 12.5
Beta (1Y): 0.35
Revenue Growth: -11.55%
EPS Growth: -29.64%
Country: TW
Employees: 72
Sector: General
Sector Strength: 55
Industry: Waste Management

Ping Ho Environmental.Technology Co. Ltd. Business Overview & Revenue Model

Company Description

Established in 1995 and headquartered in Kaohsiung, Taiwan, Ping Ho Environmental Technology Co., Ltd. specializes in comprehensive water management solutions. The company provides industrial wastewater and sewage treatment, alongside operational ser...

Ping Ho Environmental.Technology Co. Ltd. Financial Statement Overview

Summary

Financial performance is mixed. The balance sheet is strengthening with significant deleveraging (debt-to-equity down to 0.44), but this is offset by deteriorating income and cash flow trends. Revenue contracted 4.3% and margins are compressing, with net margin falling from 26.4% to 18.3%. Cash flow is also declining, though it remains adequate. The overall picture is of a company becoming financially safer but operationally weaker.

Income Statement

42Neutral

Balance Sheet

68Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	571.14M	618.03M	635.00M	609.24M	672.97M	600.09M
Gross Profit	255.47M	290.04M	292.98M	294.63M	302.09M	334.94M
EBITDA	175.07M	204.71M	207.02M	222.41M	226.83M	249.75M
Net Income	89.47M	113.34M	118.28M	138.85M	151.76M	158.68M
Balance Sheet
Total Assets	1.42B	1.39B	1.35B	1.29B	1.30B	1.34B
Cash, Cash Equivalents and Short-Term Investments	370.82M	345.20M	274.62M	216.89M	209.13M	244.40M
Total Debt	390.65M	390.21M	365.61M	444.61M	483.69M	542.80M
Total Liabilities	580.01M	496.23M	478.94M	553.30M	581.58M	652.33M
Stockholders Equity	828.99M	882.86M	861.44M	725.89M	703.99M	675.24M
Cash Flow
Free Cash Flow	155.14M	148.69M	158.99M	179.94M	166.57M	176.73M
Operating Cash Flow	170.88M	168.63M	168.07M	200.06M	186.14M	210.22M
Investing Cash Flow	-230.72M	-12.43M	-40.24M	8.21M	-124.69M	-33.10M
Financing Cash Flow	-139.07M	-64.79M	-77.58M	-160.51M	-195.72M	-102.62M

Ping Ho Environmental.Technology Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6771 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6771	52Neutral	TWD 1.12B	12.51	―	8.85%	-11.55%	-29.64%
TW:6692	45Neutral	TWD 1.25B	-12.28	―	0.97%	-69.73%	-171.17%
TW:1337	39Underperform	TWD 1.05B	-2.14	―	―	-13.60%	-6.67%

* General Sector Average

Performance Comparison

TW:6771 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6771	Ping Ho Environmental.Technology Co. Ltd.	36.15	-8.56	-19.14%
TW:1337	Asia Plastic Recycling Holding Limited	3.92	-1.19	-23.29%
TW:1343	Sun Rise E&T Corp.	33.35	-0.75	-2.20%
TW:6692	Acmepoint Energy Services Co., Ltd	21.00	-10.55	-33.44%
TW:7578	Revivegen Environmental Technology Co., Ltd.	23.75	-5.10	-17.67%
TW:7859	Skwentex Energy Co. Ltd.	32.50	-6.95	-17.62%

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

Ping Ho Environmental.Technology Co. Ltd. AI Stock Analysis