Taiwan Auto-Design Co. (6791) AI Stock Analysis

Taiwan Auto-Design Co.

(TPEx:6791)

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Rating:67Neutral

Price Target:TWD 92.00▲(4.55% Upside)

Action:initiatedcoverage

Date:11/09/26

The score is primarily driven by solid financial performance with strong balance sheet metrics and steady growth. Bearish technical signals from price trends and momentum indicators weigh on the rating, while favorable valuation supports the overall assessment.

Positive Factors

Steady Revenue GrowthConsistent revenue expansion across 2020–2025 indicates durable demand and continued business development rather than reliance on a single period. The clear 2025 step-up strengthens the company’s ability to support reinvestment and sustain earnings growth over the coming quarters.

Negative Factors

Cash Flow VolatilityRecent weakening in operating cash flow and lower free cash flow reduce confidence in near-term cash conversion, even though cash generation remains positive. Continued volatility could constrain internally funded investment and make reported earnings less dependable as a funding source.

Taiwan Auto-Design Co. (6791) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.83B
Dividend Yield: 3.98%
Average Volume (3M): 13.50K
Price to Earnings (P/E): 18.8
Beta (1Y): 0.92
Revenue Growth: 7.37%
EPS Growth: 15.05%
Country: TW
Employees: 108
Sector: General
Sector Strength: 55
Industry: Software - Infrastructure

Taiwan Auto-Design Co. Business Overview & Revenue Model

Company Description

Taiwan Auto-Design Co., founded in 1980 and based in New Taipei City, Taiwan, specializes in providing engineering analysis and SAP system software. Their extensive offerings include Ansys software, which facilitates diverse simulations like structur...

Taiwan Auto-Design Co. Financial Statement Overview

Summary

Consistent revenue growth and a robust balance sheet with minimal debt provide a solid foundation, despite some variability in cash flows and margin compression.

Income Statement

74Positive

Balance Sheet

89Very Positive

Cash Flow

66Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	840.89M	805.62M	675.51M	602.34M	535.59M	471.81M
Gross Profit	336.58M	330.48M	259.43M	246.15M	220.47M	216.01M
EBITDA	135.65M	134.03M	115.32M	116.48M	109.06M	104.90M
Net Income	98.48M	86.81M	86.82M	80.61M	72.45M	70.85M
Balance Sheet
Total Assets	859.50M	875.14M	847.80M	746.01M	720.54M	587.69M
Cash, Cash Equivalents and Short-Term Investments	285.26M	329.10M	301.95M	340.88M	408.82M	279.98M
Total Debt	62.27M	57.90M	43.92M	41.26M	56.81M	99.82M
Total Liabilities	355.02M	351.01M	371.98M	286.29M	275.06M	270.92M
Stockholders Equity	470.27M	488.25M	475.82M	459.72M	445.48M	316.77M
Cash Flow
Free Cash Flow	44.09M	41.23M	72.45M	65.88M	135.03M	78.45M
Operating Cash Flow	52.59M	54.83M	78.98M	71.69M	140.10M	83.61M
Investing Cash Flow	-11.74M	58.72M	-32.93M	-22.82M	-6.30M	-7.33M
Financing Cash Flow	-86.17M	-86.40M	-84.97M	-116.81M	-4.95M	-68.81M

Taiwan Auto-Design Co. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6791 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6791	67Neutral	TWD 1.78B	18.84	―	3.98%	7.37%	15.05%
TW:6465	63Neutral	TWD 2.20B	8.71	―	0.49%	135.76%	―
TW:4535	58Neutral	TWD 1.96B	22.28	―	3.09%	-11.46%	-28.88%
TW:1521	56Neutral	TWD 1.85B	14.15	―	3.10%	9.34%	174.14%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1531	55Neutral	TWD 1.94B	40.19	―	9.22%	-9.49%	―
TW:6204	54Neutral	TWD 2.02B	83.02	―	0.57%	2.29%	-22.84%

* General Sector Average

Performance Comparison

TW:6791 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6791	Taiwan Auto-Design Co.	88.00	-14.99	-14.56%
TW:1521	Ta Yih Industrial Co., Ltd.	24.20	0.07	0.29%
TW:1531	Kaulin Manufacturing Co. Ltd.	10.85	-0.04	-0.39%
TW:4535	Fine Blanking & Tool Co., Ltd.	25.85	-1.62	-5.90%
TW:6204	Taiwan Alpha Electronic Co., Ltd.	87.30	12.33	16.44%
TW:6465	ATrack Technology Inc	38.70	22.29	135.83%

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

Taiwan Auto-Design Co. AI Stock Analysis