FEAF
TWSE

6426 統新

302.00 ▲ 21.00 (7.47%) Close · 2026-11-13 · TWSE
Ask about 6426
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: 4 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 6426 demonstrates strong revenue growth of 47.7% in 2025 and 60.6% year on year in Q3 2026, supported by a 19.0% return on equity and a 28.5% net margin. The company maintains a light debt load with liabilities at only 11.4% of total assets in Q3 2026 and generated 74 NT$ million in positive free cash flow in 2025. However, its P/E ratio of 56.77 is well above the Communications and internet median of 23.12, resulting in a mixed picture of four strengths against one watch-out. Ultimately, final investment decisions rest entirely with the investor.

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

Strengths

+ Revenue grew 47.7% in 2025; latest quarter Q3 2026: 60.6% year on year. source (Financials) →
+ Return on equity 19.0% with a 28.5% net margin: highly profitable. source (Key Stats) →
+ Liabilities are only 11.4% of total assets (Q3 2026): a light debt load. source (Financials) →
+ Free cash flow was positive in 2025: 74 NT$ million. source (Financials) →

Watch-outs

! P/E 56.77 is well above the Communications and internet median of 23.12 (34 listed peers): priced richer than peers. source (Key Stats) →

What to check before deciding

?Why is it priced above its peers, and is that premium justified?

What the analysis found

! Valuation vs peers P/E 56.77 is well above the Communications and internet median of 23.12 (34 listed peers): priced richer than peers. source →
+ Growth Revenue grew 47.7% in 2025; latest quarter Q3 2026: 60.6% year on year. source →
+ Profitability Return on equity 19.0% with a 28.5% net margin: highly profitable. source →
+ Debt Liabilities are only 11.4% of total assets (Q3 2026): a light debt load. source →
+ Cash flow Free cash flow was positive in 2025: 74 NT$ million. source →
· Filings 1 verified alert(s); latest on 2026-11-10: 公告本公司董事會通過115年第三季合併財務報告 source →