M.J. International Co., Ltd. (8466) AI Stock Analysis

M.J. International Co., Ltd.

(TWSE:8466)

Select Model

Rating:52Neutral

Price Target:TWD 13.00▼(-2.62% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak and volatile profitability, declining revenue, and a bearish technical trend. Positive equity, reduced leverage, improved cash generation, and the dividend yield provide partial support.

Positive Factors

Improving LeverageThe sustained reduction in debt-to-equity provides a stronger capital buffer for a cyclical construction-related business. Lower relative leverage can improve financial flexibility, reduce balance-sheet pressure, and leave the company better positioned to manage demand fluctuations over the next several quarters.

Negative Factors

Net Loss and Margin CompressionThe shift from a 2024 profit to a 2025 loss, alongside broad margin compression, indicates materially weaker earnings quality and limited operating cushion. Thin EBIT profitability leaves the company more exposed to further cost pressure or modest volume declines over the coming quarters.

M.J. International Co., Ltd. (8466) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.06B
Dividend Yield: 2.26%
Average Volume (3M): 30.30K
Price to Earnings (P/E): -3.5
Beta (1Y): 0.82
Revenue Growth: -25.67%
EPS Growth: -675.62%
Country: TW
Employees: 422
Sector: General
Sector Strength: 55
Industry: Construction Materials

M.J. International Co., Ltd. Business Overview & Revenue Model

Company Description

M.J. International Co., Ltd., together with its subsidiaries, engages in the development, production, and sales of vinyl tile (LVT) floors in Europe, North America, Taiwan, China, and internationally. The company offers rigid core, LVT click, non-pol...

M.J. International Co., Ltd. Financial Statement Overview

Summary

The balance sheet is reasonably solid and operating and free cash flow turned positive, but declining revenue, compressed margins, a net loss, and uneven cash generation limit the financial score.

Income Statement

42Neutral

Balance Sheet

63Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.74B	3.16B	3.86B	2.70B	3.26B	3.61B
Gross Profit	296.85M	456.82M	645.58M	418.08M	688.97M	624.47M
EBITDA	102.96M	303.92M	574.40M	330.66M	403.98M	257.24M
Net Income	-222.10M	-62.33M	135.19M	-64.31M	143.49M	68.58M
Balance Sheet
Total Assets	6.35B	6.42B	6.61B	6.26B	6.40B	5.98B
Cash, Cash Equivalents and Short-Term Investments	1.95B	1.82B	1.18B	1.27B	1.25B	499.13M
Total Debt	2.59B	2.59B	2.72B	2.89B	2.98B	2.63B
Total Liabilities	3.39B	3.39B	3.73B	3.82B	3.77B	3.51B
Stockholders Equity	2.96B	3.03B	2.88B	2.44B	2.59B	2.43B
Cash Flow
Free Cash Flow	-9.02M	505.37M	-213.47M	108.54M	391.46M	-1.55B
Operating Cash Flow	36.88M	578.34M	-92.99M	388.79M	1.25B	-450.94M
Investing Cash Flow	77.71M	43.12M	-94.08M	-372.50M	-818.98M	-938.38M
Financing Cash Flow	-358.67M	127.69M	-8.53M	-133.70M	303.05M	1.21B

M.J. International Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8466 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:4430	56Neutral	TWD 1.20B	44.88	―	2.17%	6.71%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8429	54Neutral	TWD 1.04B	64.52	―	―	-5.49%	6.64%
TW:8466	52Neutral	TWD 1.06B	-3.55	―	2.26%	-25.67%	-675.62%
TW:4440	48Neutral	TWD 1.10B	8.50	―	5.97%	6.71%	77.95%
TW:5223	46Neutral	TWD 948.91M	-16.22	―	―	1.86%	-1680.28%
TW:4433	39Underperform	TWD 971.60M	14.03	―	6.31%	-1.86%	―

* General Sector Average

Performance Comparison

TW:8466 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8466	M.J. International Co., Ltd.	13.35	-9.16	-40.69%
TW:4430	Yao I Fabric Co., Ltd.	23.00	5.38	30.51%
TW:4433	Singtex Industrial Co., Ltd.	15.85	-3.49	-18.05%
TW:4440	Yi Shin Textile Industrial Co., Ltd.	16.75	-0.50	-2.93%
TW:5223	Anli International Co., Ltd.	21.90	-6.10	-21.79%
TW:8429	Jinli Group Holdings Ltd.	5.57	-2.25	-28.77%

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

M.J. International Co., Ltd. AI Stock Analysis