FEAF
TWSE

2912 統一超

215.50 ▼ 0.50 (0.23%) Close · 2026-11-13 · TWSE
Ask about 2912 ✔ On watchlist
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

Mixed picture: 3 strengths against 1 watch-outs. Weigh them against your own goals.

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

In plain words

Stock 2912 demonstrates modest revenue growth of 3.8% in 2025 and 7.0% year on year in Q3 2026, supported by a 26.2% return on equity and positive free cash flow of 19,447 NT$ million in 2025. However, liabilities represent 82.0% of total assets as of Q3 2026, reflecting a heavy debt load alongside a P/E ratio of 19.31. Overall, the analysis shows a mixed picture of three strengths against one watch-out. Ultimately, the final investment decision rests entirely with the investor.

Written by gemini-3.6-flash from the facts above; every number was checked against them.

Strengths

+ The current price implies -7.0% perpetual growth, within the 3.5% ceiling: expectations look attainable. source (Valuation) →
+ Return on equity 26.2% with a 3.2% net margin: highly profitable. source (Key Stats) →
+ Free cash flow was positive in 2025: 19,447 NT$ million. source (Financials) →

Watch-outs

! Liabilities are 82.0% of total assets (Q3 2026): a heavy debt load. source (Financials) →

What to check before deciding

?Can operating cash cover the debt if conditions tighten?

What the analysis found

+ Valuation (DCF) The current price implies -7.0% perpetual growth, within the 3.5% ceiling: expectations look attainable. source →
· Valuation vs peers P/E 19.31 is close to the Trading and consumer goods median of 15.04 (11 listed peers). source →
· Growth Revenue grew modestly, 3.8% in 2025; latest quarter Q3 2026: 7.0% year on year. source →
+ Profitability Return on equity 26.2% with a 3.2% net margin: highly profitable. source →
! Debt Liabilities are 82.0% of total assets (Q3 2026): a heavy debt load. source →
+ Cash flow Free cash flow was positive in 2025: 19,447 NT$ million. source →
· Filings No processed filings for this stock yet. source →