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.
Mixed picture: 2 strengths against 4 watch-outs. Weigh them against your own goals.
Points to watch for a moderate profile: see the items marked above.
In plain words
Stock 2002 presents a mixed picture with a positive 2025 free cash flow of 17,142 NT$ million and Q3 2026 year-on-year revenue growth of 20.6% despite a -12.0% revenue drop in 2025. However, profitability is weak with a return on equity of 0.2% and a net margin of 0.2%, alongside a heavy debt load with liabilities at 50.7% of total assets in Q3 2026. Furthermore, its P/E of 460.00 is well above the Iron and steel median of 11.91, though current expectations look attainable with an implied -1.8% perpetual growth within the 3.5% ceiling. Overall, there are 2 strengths against 4 watch-outs to weigh. Ultimately, the final investment decision rests with the investor.
Written by gemini-3.6-flash from the facts above; every number was checked against them.
Strengths
+The current price implies -1.8% perpetual growth, within the 3.5% ceiling: expectations look attainable. source (Valuation) →