WebComm Technology Co., Ltd. (6865) AI Stock Analysis

WebComm Technology Co., Ltd.

(TPEx:6865)

Select Model

Rating:66Neutral

Price Target:TWD 35.00▲(12.18% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score is supported primarily by a substantially de-risked balance sheet and constructive technical positioning. These strengths are offset by declining revenue and profitability, weaker free cash flow, and a negative P/E ratio despite the attractive dividend yield.

Positive Factors

Low LeverageSharp debt reduction and low debt relative to equity strengthen financial resilience and reduce balance-sheet risk. This gives WebComm greater flexibility to withstand weaker operating periods, fund software infrastructure needs, and pursue opportunities without relying heavily on additional borrowing.

Negative Factors

Revenue ContractionRevenue contraction signals weaker demand or business activity and reduces the scale available to absorb fixed costs. If the decline persists, it can constrain investment, weaken competitive momentum, and make a return to prior profitability levels more difficult over the next several quarters.

WebComm Technology Co., Ltd. (6865) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 493.70M
Dividend Yield: 4.50%
Average Volume (3M): 86.91K
Price to Earnings (P/E): -34.8
Beta (1Y): -0.10
Revenue Growth: -37.97%
EPS Growth: -138.87%
Country: TW
Employees: 159
Sector: General
Sector Strength: 55
Industry: Software - Infrastructure

WebComm Technology Co., Ltd. Business Overview & Revenue Model

Company Description

WebComm Technology Co., Ltd. furnishes comprehensive digital transformation solutions and services to enterprises, with its operations spanning both Taiwan and international markets. The company's extensive portfolio features advanced capabilities in...

WebComm Technology Co., Ltd. Financial Statement Overview

Summary

The balance sheet is strong, supported by sharply lower debt and higher equity. However, financial performance is constrained by declining revenue and margins, lower free cash flow, and volatile cash generation.

Income Statement

58Neutral

Balance Sheet

82Very Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	314.66M	427.53M	517.93M	517.01M	507.00M	440.40M
Gross Profit	128.30M	164.21M	189.11M	164.48M	186.10M	160.78M
EBITDA	14.92M	52.58M	67.25M	50.33M	80.68M	92.92M
Net Income	-13.39M	23.86M	31.30M	28.19M	52.53M	65.87M
Balance Sheet
Total Assets	460.30M	592.23M	688.96M	684.25M	441.78M	404.07M
Cash, Cash Equivalents and Short-Term Investments	157.85M	140.40M	257.37M	253.77M	173.16M	180.83M
Total Debt	25.84M	61.04M	149.88M	186.10M	6.67M	27.32M
Total Liabilities	120.23M	200.09M	303.23M	314.70M	151.28M	138.73M
Stockholders Equity	340.07M	392.14M	385.73M	369.55M	290.50M	265.34M
Cash Flow
Free Cash Flow	113.21M	24.25M	71.46M	-28.36M	48.62M	-10.77M
Operating Cash Flow	115.39M	25.20M	86.13M	-14.57M	55.56M	-7.94M
Investing Cash Flow	-1.79M	77.66M	-58.00M	-50.60M	-6.01M	-64.24M
Financing Cash Flow	-87.30M	-107.79M	-56.09M	124.90M	-58.19M	85.37M

WebComm Technology Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6865 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6910	72Outperform	TWD 705.04M	15.77	―	7.58%	―	―
TW:6865	66Neutral	TWD 494.23M	-34.83	―	4.50%	-37.97%	-138.87%
TW:6884	65Neutral	TWD 582.04M	15.75	―	4.74%	―	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3115	39Underperform	TWD 537.87M	-47.07	―	―	48.94%	76.27%

* General Sector Average

Performance Comparison

TW:6865 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6865	WebComm Technology Co., Ltd.	31.20	-14.95	-32.39%
TW:3115	Trust-Search Corp.,Ltd.	7.49	-3.41	-31.28%
TW:6884	Highpoint Service Network Corp.	31.65	-21.40	-40.34%
TW:6910	Grandsys Inc	23.10	-17.48	-43.07%
TW:7841	CyberSoft Digital Services Corporation	24.50	-11.71	-32.35%
TW:7933	Weblisher Data Tech Co.,Ltd.	26.20	-6.15	-19.01%

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 10, 2026

WebComm Technology Co., Ltd. AI Stock Analysis