FEAF
TPEx

4946 辣椒

90.70 ▲ 2.70 (3.07%) Close · 2026-11-13 · TPEx
Ask about 4946
This is research, not a buy or sell recommendation. Robo-advice in Taiwan requires an FSC licence; FEAF analyses, explains and monitors, and the investor makes the decision. Judgement thresholds are working rules pending review by the team's finance members.

Plain-language summary of valuation, growth, profitability, balance sheet, and recent MOPS filings.

Your risk profile
Conclusion

Overall picture is positive: 3 strengths and no major watch-outs in the data reviewed.

For a moderate profile, none of the items above crosses the watch-out thresholds set by the team.

No model narrative: the model call failed. The structured analysis above is complete on its own.

Strengths

+ The current price implies -3.1% perpetual growth, within the 3.5% ceiling: expectations look attainable. source (Valuation) →
+ Revenue grew 786.3% in 2025; latest quarter Q2 2026: -15.5% year on year. source (Financials) →
+ Free cash flow was positive in 2025: 58 NT$ million. source (Financials) →

Watch-outs

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What the analysis found

+ Valuation (DCF) The current price implies -3.1% perpetual growth, within the 3.5% ceiling: expectations look attainable. source →
+ Growth Revenue grew 786.3% in 2025; latest quarter Q2 2026: -15.5% year on year. source →
· Profitability Return on equity 11.9% with a 6.8% net margin: moderate profitability. source →
· Debt Liabilities are 42.3% of total assets (Q2 2026). source →
+ Cash flow Free cash flow was positive in 2025: 58 NT$ million. source →
· Filings 2 verified alert(s); latest on 2026-11-11: 公告本公司執行長異動 source →
· Filings 2 filing(s) are held or rejected and wait for human review. source →