Taiwan Environment Scientific Co., Ltd. (8476) AI Stock Analysis

Taiwan Environment Scientific Co., Ltd.

(TWSE:8476)

Select Model

Rating:39.6Underperform

Price Target:TWD 16.50▼(-6.52% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by deteriorating financial performance, especially negative operating and free cash flow, sharply higher leverage, and weaker margins. Bearish technical trends and an elevated P/E ratio add pressure, although oversold momentum indicators provide limited offset.

Positive Factors

Broad Environmental Services PlatformThe company serves multiple environmental compliance needs across air, water, soil, and waste, giving it a diversified technical-service platform. Its work for industrial and governmental clients supports recurring relevance as regulation and environmental-impact requirements remain ongoing business necessities.

Negative Factors

2025 Revenue and Margin DeteriorationThe 2025 drop in revenue and sharp margin compression indicate that recent earnings strength was not fully sustained. Lower profitability reduces internal funding capacity and weakens confidence in near-term earnings durability, particularly after the stronger results recorded during 2023 and 2024.

Taiwan Environment Scientific Co., Ltd. (8476) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.83B
Dividend Yield: 1.13%
Average Volume (3M): 274.23K
Price to Earnings (P/E): 66.4
Beta (1Y): 0.52
Revenue Growth: -0.58%
EPS Growth: -19.41%
Country: TW
Employees: 148
Sector: General
Sector Strength: 55
Industry: Waste Management

Taiwan Environment Scientific Co., Ltd. Business Overview & Revenue Model

Company Description

Taiwan Environment Scientific Co., Ltd., established in 2003 and headquartered in Tainan, Taiwan, specializes in environmental management services. The company's primary focus areas include the assessment and restoration of soil and groundwater, in a...

Taiwan Environment Scientific Co., Ltd. Financial Statement Overview

Summary

Financial quality weakened materially: margins compressed, leverage rose sharply, return on equity declined, and operating and free cash flow turned negative. The cash flow score of 25.0 is the main detractor, while profitability and equity support remain positive.

Income Statement

45Neutral

Balance Sheet

42Neutral

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.24B	1.21B	1.52B	1.54B	2.79B	794.65M
Gross Profit	173.86M	224.04M	368.49M	563.56M	774.24M	108.28M
EBITDA	130.37M	186.39M	416.85M	483.94M	755.40M	66.58M
Net Income	44.29M	84.89M	270.06M	362.63M	506.73M	-29.58M
Balance Sheet
Total Assets	4.30B	4.09B	3.24B	2.83B	2.35B	1.98B
Cash, Cash Equivalents and Short-Term Investments	496.73M	429.71M	474.00M	238.68M	544.00M	632.65M
Total Debt	2.10B	1.97B	680.13M	505.15M	530.52M	477.96M
Total Liabilities	2.46B	2.25B	1.19B	888.67M	902.09M	1.05B
Stockholders Equity	1.81B	1.80B	2.01B	1.90B	1.40B	906.49M
Cash Flow
Free Cash Flow	-385.75M	-288.72M	268.96M	-261.22M	-74.97M	167.35M
Operating Cash Flow	-382.97M	-277.30M	343.80M	-179.33M	-37.51M	253.58M
Investing Cash Flow	-5.48M	-56.17M	-337.39M	11.58M	73.91M	-306.66M
Financing Cash Flow	394.67M	317.66M	7.80M	72.31M	-9.56M	315.65M

Taiwan Environment Scientific Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8476 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8476	40Underperform	TWD 2.94B	66.39	―	1.13%	-0.58%	-19.41%

* General Sector Average

Performance Comparison

TW:8476 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8476	Taiwan Environment Scientific Co., Ltd.	17.65	-0.60	-3.28%
TW:6750	Tech-Top Engineering CO. LTD.	55.30	16.70	43.28%
TW:6977	United Purification Technology Co Ltd	186.50	63.11	51.15%
TW:7846	Htc & Solar Tech Service Limited	80.90	42.47	110.52%
TW:7921	Recharge Power Co., Ltd.	73.10	-73.24	-50.05%
TW:7931	Susen Green Energy Co., Ltd.	115.50	-54.50	-32.06%

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 Environment Scientific Co., Ltd. AI Stock Analysis