Opnet Technologies Co., Ltd. (8034) AI Stock Analysis

Opnet Technologies Co., Ltd.

(TPEx:8034)

Select Model

Rating:67Neutral

Price Target:TWD 19.00▲(7.04% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 67 reflects a company with strong fundamentals facing significant market headwinds. The financial foundation is solid, marked by a debt-free balance sheet and superb cash flow conversion. However, the stock is under severe technical pressure, trading below all major moving averages with deeply oversold momentum. The high dividend yield of 6.9% provides a substantial cushion and is a key positive, but the 15.6% revenue decline remains a critical risk that justifies the market's cautious stance.

Positive Factors

Improved ProfitabilityThe substantial improvement in gross, operating, and net margins indicates stronger earnings economics than in earlier years. If these levels persist, the company should retain more revenue as profit, support internal investment, and remain better positioned through normal demand fluctuations.

Negative Factors

Revenue ContractionThe recent revenue decline and uneven rebound indicate that demand is not progressing consistently. Continued top-line volatility could reduce operating leverage, make staffing and investment decisions harder, and limit the reliability of near-term earnings growth even when margins remain healthy.

Opnet Technologies Co., Ltd. (8034) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.00B
Dividend Yield: 6.76%
Average Volume (3M): 93.70K
Price to Earnings (P/E): 19.1
Beta (1Y): 0.79
Revenue Growth: -36.61%
EPS Growth: -49.17%
Country: TW
Employees: 80
Sector: General
Sector Strength: 55
Industry: Communication Equipment

Opnet Technologies Co., Ltd. Business Overview & Revenue Model

Company Description

OPNET Technologies Co., Ltd., founded in 1991 and headquartered in Hsinchu City, Taiwan, is a global provider specializing in the design, manufacturing, and marketing of telecommunication network access and optical transport infrastructure. The compa...

Opnet Technologies Co., Ltd. Financial Statement Overview

Summary

Financial performance is robust, anchored by an exceptional cash flow score of 90 and a strong balance sheet score of 85. The company converts nearly all profits into free cash and operates with negligible debt. The primary offset is a 15.6% revenue decline, which tempers the otherwise excellent profitability and capital structure.

Income Statement

72Positive

Balance Sheet

85Very Positive

Cash Flow

90Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	422.29M	488.71M	424.42M	675.60M	481.54M	526.27M
Gross Profit	193.02M	224.75M	189.36M	222.91M	143.26M	200.76M
EBITDA	76.82M	106.10M	84.59M	127.54M	59.54M	105.69M
Net Income	65.60M	80.02M	60.37M	94.10M	40.85M	79.88M
Balance Sheet
Total Assets	841.18M	858.00M	791.83M	941.17M	872.79M	853.17M
Cash, Cash Equivalents and Short-Term Investments	583.34M	628.48M	348.17M	415.09M	443.69M	399.50M
Total Debt	11.26M	14.91M	1.77M	10.26M	16.73M	2.88M
Total Liabilities	171.41M	137.78M	113.17M	188.80M	176.95M	135.63M
Stockholders Equity	669.77M	720.22M	678.66M	752.37M	695.84M	717.54M
Cash Flow
Free Cash Flow	96.95M	338.19M	63.10M	-19.31M	156.79M	57.35M
Operating Cash Flow	98.64M	343.33M	64.09M	-17.72M	157.79M	58.75M
Investing Cash Flow	-292.80M	-345.27M	116.94M	-39.93M	52.77M	-43.42M
Financing Cash Flow	-52.31M	-52.52M	-146.29M	-46.08M	-70.92M	-8.67M

Opnet Technologies Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8034 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8034	67Neutral	TWD 986.19M	19.08	―	6.76%	-36.61%	-49.17%
TW:6154	56Neutral	TWD 1.09B	12.28	―	3.74%	3.43%	163.60%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8071	38Underperform	TWD 1.01B	-31.70	―	―	4.97%	62.54%

* General Sector Average

Performance Comparison

TW:8034 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8034	Opnet Technologies Co., Ltd.	17.75	-4.23	-19.24%
TW:6154	Sunfar Computer Co., Ltd.	13.65	0.44	3.35%
TW:6818	Advanced Wireless & Antenna Inc.	33.50	-4.32	-11.42%
TW:7868	Inforcom Technology Co., Ltd.	56.40	22.98	68.75%
TW:8071	ABICO NetCom Co., Ltd.	17.60	-0.20	-1.12%
TW:8298	Genie Networks Ltd.	38.10	-0.39	-1.00%

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

Opnet Technologies Co., Ltd. AI Stock Analysis