Visco Vision Inc. (6782) AI Stock Analysis

Visco Vision Inc.

(TWSE:6782)

Select Model

Rating:81Outperform

Price Target:TWD 317.00▲(12.21% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong profitability, favorable technical momentum, and reasonable valuation drive the score higher. The main constraints are negative free cash flow and increased leverage, which temper the otherwise favorable investment profile.

Positive Factors

Strong ProfitabilityVisco Vision’s high gross, operating, and net margins indicate meaningful profitability across the income statement. This earnings structure provides internal funding capacity, supports resilience against operating pressure, and creates a durable base for reinvestment and shareholder returns over the next several quarters.

Negative Factors

Negative Free Cash FlowThe reversal from positive free cash flow to a sizeable TTM deficit weakens the quality and sustainability of reported earnings. Although operating cash flow remains positive, continued negative free cash flow could restrict internally funded growth, dividends, and flexibility in capital allocation.

Visco Vision Inc. (6782) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 17.64B
Dividend Yield: 2.97%
Average Volume (3M): 526.42K
Price to Earnings (P/E): 15.1
Beta (1Y): 0.42
Revenue Growth: 23.29%
EPS Growth: 55.47%
Country: TW
Employees: 16,368
Sector: General
Sector Strength: 55
Industry: Medical - Instruments & Supplies

Visco Vision Inc. Business Overview & Revenue Model

Company Description

Visco Vision, Inc. engages in the production and sale of disposable soft contact lenses, It specializes in design and production of disposable contact lenses with different water content and oxygen permeability According to the same use cycle, it can...

Visco Vision Inc. Financial Statement Overview

Summary

Strong profitability and improving margins support the score, while the solid balance sheet is offset by materially higher debt. Negative TTM free cash flow and weaker cash conversion are the main financial risks.

Income Statement

90Very Positive

Balance Sheet

78Positive

Cash Flow

57Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2021
Income Statement
Total Revenue	5.02B	4.22B	3.67B	2.40B	2.78B	1.96B
Gross Profit	2.34B	1.91B	1.43B	857.16M	1.23B	839.34M
EBITDA	2.04B	1.67B	1.21B	733.59M	1.08B	667.51M
Net Income	1.18B	886.61M	636.47M	301.61M	617.43M	443.63M
Balance Sheet
Total Assets	8.19B	6.00B	5.30B	4.72B	5.29B	3.13B
Cash, Cash Equivalents and Short-Term Investments	838.13M	795.70M	805.26M	720.77M	1.81B	351.00M
Total Debt	1.84B	481.89M	844.32M	1.08B	1.42B	1.21B
Total Liabilities	3.32B	1.56B	1.59B	1.74B	2.19B	2.02B
Stockholders Equity	4.85B	4.42B	3.70B	2.96B	3.08B	1.11B
Cash Flow
Free Cash Flow	-406.37M	829.29M	605.49M	-97.41M	48.23M	-304.00M
Operating Cash Flow	1.58B	1.37B	1.12B	353.06M	985.13M	607.66M
Investing Cash Flow	-2.08B	-745.34M	-512.41M	-938.85M	-963.01M	-748.19M
Financing Cash Flow	360.03M	-699.02M	-418.10M	-666.82M	1.41B	287.54M

Visco Vision Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6782 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6782	81Outperform	TWD 18.14B	15.06	―	2.97%	23.29%	55.47%
TW:4104	61Neutral	TWD 13.58B	14.58	―	5.97%	11.09%	7.11%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4977	55Neutral	TWD 17.02B	55.79	―	1.10%	-25.66%	-39.19%
TW:3362	40Underperform	TWD 18.28B	-74.38	―	0.80%	-2.57%	-1044.10%
TW:3149	28Underperform	TWD 17.75B	-32.84	―	―	7.57%	16.45%

* General Sector Average

Performance Comparison

TW:6782 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6782	Visco Vision Inc.	282.50	113.15	66.81%
TW:3149	G-Tech Optoelectronics Corporation	68.20	33.97	99.23%
TW:3362	Ability Opto-Electronics Technology Co., Ltd.	128.00	32.89	34.58%
TW:4104	Excelsior Medical Co., Ltd.	72.00	-5.81	-7.47%
TW:4977	PCL Technologies, Inc.	186.00	84.35	82.98%
TW:7917	Centera Photonics Inc	311.00	-99.00	-24.15%

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

Visco Vision Inc. AI Stock Analysis