Ever Fortune.AI Co., Ltd. (6841) AI Stock Analysis

Ever Fortune.AI Co., Ltd.

(TPEx:6841)

Select Model

Rating:61Neutral

Price Target:TWD 51.00▲(4.51% Upside)

Action:initiatedcoverage

Date:11/09/26

Solid financial performance from revenue expansion and low leverage is the main positive factor, offset by weak technical momentum and high valuation multiples.

Positive Factors

Very low leverageMinimal leverage gives Ever Fortune.AI substantial financial flexibility and limits balance-sheet risk as it operates through business cycles. A strong equity base can support investment and resilience without relying heavily on debt financing or absorbing significant interest obligations.

Negative Factors

Weak cash conversionNegative free cash flow despite strong reported earnings weakens the quality of current profit generation. Operating cash flow below half of net income suggests earnings are not converting efficiently into cash, which can constrain self-funded growth and capital allocation flexibility.

Ever Fortune.AI Co., Ltd. (6841) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.58B
Dividend Yield: 2.05%
Average Volume (3M): 191.49K
Price to Earnings (P/E): 104.6
Beta (1Y): 0.64
Revenue Growth: 21.64%
EPS Growth: -60.19%
Country: TW
Employees: 50
Sector: General
Sector Strength: 55
Industry: Software - Application

Ever Fortune.AI Co., Ltd. Business Overview & Revenue Model

Company Description

Ever Fortune.AI Co Ltd is a Taiwan-based company mainly engaged in the research, development, manufacture and sale of medical artificial intelligence software related products. The Company mainly provides medical big data and cloud biomedical platfor...

Ever Fortune.AI Co., Ltd. Financial Statement Overview

Summary

Impressive revenue growth to 379 million and strong profitability with healthy margins, backed by an exceptionally strong low-debt balance sheet, though free cash flow turned negative in 2025.

Income Statement

72Positive

Balance Sheet

90Very Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	382.65M	378.81M	337.52M	93.98M	53.90M	38.24M
Gross Profit	252.72M	224.93M	207.81M	46.62M	38.91M	30.47M
EBITDA	128.81M	58.25M	77.97M	-16.92M	154.73M	-54.95M
Net Income	64.34M	107.40M	30.31M	-42.04M	136.48M	-54.20M
Balance Sheet
Total Assets	2.88B	2.12B	2.09B	2.09B	1.68B	1.55B
Cash, Cash Equivalents and Short-Term Investments	1.55B	707.13M	954.92M	1.41B	1.20B	1.27B
Total Debt	462.31M	6.33M	6.39M	2.56M	2.98M	3.15M
Total Liabilities	570.55M	110.74M	148.47M	88.04M	33.72M	38.97M
Stockholders Equity	1.58B	1.68B	1.87B	1.93B	1.65B	1.51B
Cash Flow
Free Cash Flow	-27.24M	-30.18M	12.98M	-46.56M	-68.21M	-73.14M
Operating Cash Flow	37.06M	46.77M	62.51M	-27.60M	-60.43M	-41.92M
Investing Cash Flow	150.11M	449.06M	-109.84M	-144.13M	64.20M	-26.97M
Financing Cash Flow	471.50M	-39.65M	-101.59M	380.25M	-2.98M	-16.52M

Ever Fortune.AI Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6841 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6689	65Neutral	TWD 5.16B	36.24	―	2.56%	-0.73%	16.72%
TW:6841	61Neutral	TWD 4.58B	104.64	―	2.05%	21.64%	-60.19%
TW:6922	58Neutral	TWD 5.00B	15.74	―	2.62%	34.63%	57.37%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4164	55Neutral	TWD 4.79B	21.84	―	4.45%	11.83%	27.86%
TW:6163	46Neutral	TWD 5.43B	42.55	―	1.50%	24.16%	78.64%
TW:4737	39Underperform	TWD 4.18B	-13.55	―	―	-9.37%	-132.26%

* General Sector Average

Performance Comparison

TW:6841 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6841	Ever Fortune.AI Co., Ltd.	48.80	-15.52	-24.13%
TW:4164	CHC Healthcare Group	24.90	-15.58	-38.48%
TW:4737	Bionime Corporation	55.70	-6.00	-9.72%
TW:6163	Hwacom Systems Inc	38.50	10.41	37.04%
TW:6689	eCloudvalley Digital Technology Co., Ltd.	78.00	15.20	24.20%
TW:6922	Neousys Technology, Inc.	184.00	-11.78	-6.02%

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

Ever Fortune.AI Co., Ltd. AI Stock Analysis