Asia Pac Wire &Cable (APWC) AI Stock Analysis

• Market Cap: $34.64M
• Dividend Yield: N/A
• Average Volume (3M): 20.69K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 0.29
• Revenue Growth: 5.10%
• EPS Growth: -24.69%
• Country: US
• Employees: 1,208
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.05
• Shares Outstanding: 20,616,226
• 10 Day Avg. Volume: 9,407
• 30 Day Avg. Volume: 20,694
• PEG Ratio: -0.83
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.06
• P/FCF Ratio: 1.51
• Enterprise Value/Market Cap: 1.26
• Enterprise Value/Revenue: 0.09
• Enterprise Value/Gross Profit: 1.14
• Enterprise Value/Ebitda: 2.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: $1.50 ▼(-11.24% Downside)

The score is held back primarily by weak profitability and negative/volatile free cash flow despite strong recent revenue growth and a moderately levered balance sheet. Technical indicators also point to a soft setup (below key moving averages with negative MACD). Valuation is a modest offset with a mid-range P/E.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong recovery and expanding market presence, which is crucial for long-term business sustainability.

Cash Flow Improvement

Improved cash flow highlights efficient cash management and operational strength, enhancing the company's ability to invest in growth opportunities.

Debt Management

Effective debt management reduces financial risk and increases flexibility, supporting long-term strategic initiatives and stability.

Negative Factors

Low Profitability

Low profitability indicates challenges in converting revenue into net income, which can hinder reinvestment and shareholder returns over time.

Competitive Pressures

Ongoing competitive pressures may impact pricing power and margins, posing a risk to sustained profitability and market share.

Modest Return on Equity

A modest return on equity suggests limited efficiency in generating returns from shareholder investments, potentially affecting long-term growth prospects.

Asia Pac Wire &Cable Business Overview & Revenue Model

Company Description

Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, manufactures and distributes enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People's Republic of China, Hong Kong, and other markets in the Asia Pacific region. The company offers copper rods; and telecommunications cable products, including copper-based and fiber optic cables for telephone and data transmissions; and armored and unarmored low voltage power transmission cable, which is used to transmit electricity to and within commercial and residential buildings, as well as to outdoor installations, such as streetlights, traffic signals, and other signs. It also provides enameled wire for use in the assembly of a range of electrical products consisting of oil-filled transformers, refrigerator motors, telephones, radios, televisions, fan motors, air conditioner compressors, and other electric appliances. In addition, the company distributes wire and cable products; and offers project engineering services in the supply, delivery, and installation of power cables, as well as fabrication services for converting raw materials to wire and cable products. It serves government organizations, electric contracting firms, electrical dealers, and wire and cable factories. The company was incorporated in 1996 and is headquartered in Taipei, Taiwan. Asia Pacific Wire & Cable Corporation Limited is a subsidiary of Pacific Electric Wire & Cable Co., Ltd.

How the Company Makes Money

APWC generates revenue primarily through the sale of its wire and cable products to various sectors, including telecommunications, construction, and power utilities. The company's revenue model is built on direct product sales, long-term contracts, and partnerships with distributors and contractors. Key revenue streams include custom cable manufacturing, bulk sales of standard wire products, and specialized cables for specific industries. Significant partnerships with major telecommunications firms and government contracts contribute to steady revenue, while ongoing demand for infrastructure projects in the Asia-Pacific region supports sustained growth in earnings.

Asia Pac Wire &Cable Financial Statement Overview

Summary

Revenue rebounded strongly in the TTM period and leverage appears manageable (debt-to-equity ~0.27), but earnings power is weak (net margin under 1%, low ROE ~2%). Cash quality is the main drag: operating cash flow is positive (~$8.7M) yet free cash flow is negative (~-$12.6M) and has been historically volatile.

Income Statement

TTM (Trailing-Twelve-Months) revenue is up strongly (about +124% vs the prior period shown), and operating profit is positive with an EBIT margin around 2.4%. However, profitability remains thin: net margin is under 1% in TTM, and margins have been volatile over the cycle (including losses in 2021). Overall, the business is growing again, but earnings power is still modest and sensitive to small margin moves.

Balance Sheet

Leverage looks manageable in TTM with debt-to-equity around 0.27, and equity has remained sizable relative to total assets. Returns on equity are positive but low (roughly 2% in TTM), indicating limited efficiency in converting the capital base into profits. Debt increased versus 2024, but the balance sheet still appears reasonably supported by equity.

Cash Flow

Cash generation weakened in TTM: operating cash flow is positive (~$8.7M) but free cash flow is negative (~-$12.6M), a sharp step down from the strong positive free cash flow in 2024. Cash flow has also been inconsistent historically (notably negative operating cash flow in 2021 and 2023), which adds risk. While TTM operating cash flow exceeds net income, the return to negative free cash flow suggests heavier spending or working-capital pressure.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	505.16M	472.67M	425.77M	433.89M	476.66M	313.56M
Gross Profit	38.23M	35.09M	30.23M	32.53M	21.15M	33.88M
EBITDA	16.50M	17.63M	9.07M	14.89M	-3.27M	13.74M
Net Income	3.78M	3.49M	3.87M	3.87M	-2.64M	-552.00K
Balance Sheet
Total Assets	357.83M	339.86M	366.66M	371.02M	389.43M	338.12M
Cash, Cash Equivalents and Short-Term Investments	35.27M	34.03M	38.28M	54.06M	44.76M	52.24M
Total Debt	44.22M	31.04M	55.82M	60.30M	67.87M	16.11M
Total Liabilities	129.09M	124.50M	152.04M	159.59M	180.11M	103.24M
Stockholders Equity	163.77M	154.96M	157.06M	151.59M	147.50M	157.86M
Cash Flow
Free Cash Flow	-12.60M	20.03M	-10.38M	2.76M	-50.16M	1.77M
Operating Cash Flow	8.71M	24.30M	-6.09M	6.57M	-41.61M	16.38M
Investing Cash Flow	-4.56M	-3.37M	-4.86M	-2.65M	-6.15M	-20.30M
Financing Cash Flow	-7.61M	-24.26M	-5.50M	9.63M	42.41M	2.06M

Asia Pac Wire &Cable Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.69
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APWC, the sentiment is Negative. The current price of 1.69 is below the 20-day moving average (MA) of 1.70, below the 50-day MA of 1.77, and below the 200-day MA of 1.77, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 17.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APWC.

Asia Pac Wire &Cable Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
RFIL	60 Neutral	$109.82M	1,708.33	0.22%	―	24.25%	―
PPSI	55 Neutral	$46.16M	-6.04	―	―	―	―
OESX	54 Neutral	$55.99M	-7.38	-45.94%	―	-12.77%	23.37%
IPWR	53 Neutral	$33.34M	-3.16	-74.44%	―	-69.65%	11.41%
APWC	52 Neutral	$34.64M	12.60	2.23%	―	5.10%	-24.69%
POLA	40 Underperform	$4.09M	-0.45	-119.92%	―	-44.32%	-49.47%

Asia Pac Wire &Cable Corporate Events

Asia Pacific Wire & Cable Launches $33.9 Million Rights Offering to Fund Expansion

On December 18, 2025, Asia Pacific Wire & Cable Corporation Limited announced it had commenced a previously reported rights offering, tied to its Form F-1 registration declared effective on December 2, 2025, to raise equity in a cost-effective way while allowing existing shareholders to maintain their ownership on a pro rata basis. Under the offering, shareholders of record as of 5:00 p.m. EST on December 11, 2025 receive non-transferable subscription rights, at a ratio of one right per common share, to purchase additional common shares at $1.66 each, with both basic and over-subscription privileges available through the subscription period running from December 18, 2025 to 5:00 p.m. EST on January 23, 2026. If fully subscribed, the company expects net proceeds of about $33.9 million for general working capital and corporate uses, supporting its push into the North American market and investment in new products and technologies intended to complement its traditional wire and cable business and underpin future growth and long-term shareholder value.

The most recent analyst rating on (APWC) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Asia Pac Wire &Cable stock, see the APWC Stock Forecast page.

Asia Pacific Wire & Cable Announces Rights Offering Details

On December 4, 2025, Asia Pacific Wire & Cable Corporation Limited announced the key dates for its rights offering, initially revealed on August 29, 2025. The rights offering will allow shareholders to purchase additional common shares at $1.66 per share, with the subscription period running from December 18, 2025, to January 23, 2026. This initiative aims to raise approximately $33.9 million for general working capital and corporate purposes, supporting the company’s expansion into the North American market and investment in new products and technologies. The offering includes both basic and over-subscription rights, providing shareholders a fair opportunity to participate in the company’s growth plans.

The most recent analyst rating on (APWC) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Asia Pac Wire &Cable stock, see the APWC Stock Forecast page.

Asia Pacific Wire & Cable Reports Q3 2025 Financial Results

On November 14, 2025, Asia Pacific Wire & Cable Corporation Limited reported its unaudited financial results for the third quarter of 2025, showing a revenue increase to $128.4 million, up 5% from the previous year. The company achieved a 19% rise in operating profit compared to Q3 2024, driven by increased copper unit volume and public sector projects. However, net income declined year-over-year due to unfavorable foreign exchange movements. The company is focusing on reducing working capital and inventory levels amid ongoing macroeconomic uncertainties and pricing pressures.

The most recent analyst rating on (APWC) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Asia Pac Wire &Cable stock, see the APWC Stock Forecast page.