Asia Pac Wire &Cable (APWC)
NASDAQ:APWC
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Asia Pac Wire &Cable
(NASDAQ:APWC)
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Rating:51Neutral
Price Target:
$1.50
▼(-11.24% Downside)
Action:Reiterated
Date:05/01/26
The score is held back mainly by weak financial performance: thin margins and notably inconsistent operating/free cash flow (negative again in 2025), despite an improved leverage profile. Technicals are moderately constructive in the near term (above 20/50-DMA with positive MACD) but still below longer-term averages, while valuation is somewhat supportive with a low P/E.
Positive Factors
Strengthened liquidity from fully subscribed rights offering
The fully subscribed $34.2M rights offering materially increased cash (to $73.2M) and was earmarked for capacity expansion, North American entry and acquisitions. That durable capital buffer reduces near-term refinancing risk and supports strategic investment and scaling over the next 2–6 months.
Negative Factors
Inconsistent cash generation and volatile operating cash flow
Operating and free cash flow have swung between positive and negative years, with cash generation turning negative in 2025 after a strong 2024. This recurring volatility raises working-capital and execution risk, limiting reliable reinvestment, debt paydown or shareholder returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strengthened liquidity from fully subscribed rights offering
The fully subscribed $34.2M rights offering materially increased cash (to $73.2M) and was earmarked for capacity expansion, North American entry and acquisitions. That durable capital buffer reduces near-term refinancing risk and supports strategic investment and scaling over the next 2–6 months.
Read all positive factors
Asia Pac Wire &Cable (APWC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$29.28M
Dividend YieldN/A
Average Volume (3M)20.69K
Price to Earnings (P/E)6.8
Beta (1Y)0.34
Revenue Growth9.96%
EPS Growth193.93%
CountryUS
Employees1,208
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.18
Shares Outstanding20,616,226
10 Day Avg. Volume9,407
30 Day Avg. Volume20,694
Financial Highlights & Ratios
PEG Ratio1.78
Price to Book (P/B)0.23
Price to Sales (P/S)0.08
P/FCF Ratio-3.45
Enterprise Value/Market Cap1.46
Enterprise Value/Revenue0.09
Enterprise Value/Gross Profit1.24
Enterprise Value/Ebitda7.38
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 oth...
How the Company Makes Money
APWC makes money primarily by selling manufactured wire and cable products through its operating subsidiaries. Revenue is generated from (1) product sales of power and electrical cables (and related cabling products) to customers such as utilities...
Asia Pac Wire &Cable Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
63
Positive
Cash Flow
34
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 489.68M | 472.67M | 425.77M | 433.89M | 476.66M |
| Gross Profit | 17.98M | 35.09M | 30.23M | 32.53M | 21.15M |
| EBITDA | 27.72M | 17.63M | 9.07M | 14.89M | -3.27M |
| Net Income | 3.67M | 3.49M | 3.87M | 3.87M | -2.64M |
Balance Sheet | |||||
| Total Assets | 381.69M | 339.86M | 366.66M | 371.02M | 389.43M |
| Cash, Cash Equivalents and Short-Term Investments | 33.22M | 34.03M | 38.28M | 54.06M | 44.76M |
| Total Debt | 44.92M | 31.04M | 55.82M | 60.30M | 67.87M |
| Total Liabilities | 144.74M | 124.50M | 152.04M | 159.59M | 180.11M |
| Stockholders Equity | 170.29M | 154.96M | 157.06M | 151.59M | 147.50M |
Cash Flow | |||||
| Free Cash Flow | -11.10M | 20.03M | -10.38M | 2.76M | -50.16M |
| Operating Cash Flow | -7.75M | 24.30M | -6.09M | 6.57M | -41.61M |
| Investing Cash Flow | -4.27M | -3.37M | -4.86M | -2.65M | -6.15M |
| Financing Cash Flow | 9.07M | -24.26M | -5.50M | 9.63M | 42.41M |
Asia Pac Wire &Cable Technical Analysis
Negative
1.69
Price Trends
1.42
Negative
1.55
Negative
1.71
Negative
Market Momentum
>-0.01
Positive
47.66
Neutral
60.33
Neutral
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 above the 20-day moving average (MA) of 1.48, above the 50-day MA of 1.42, and below the 200-day MA of 1.71, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.66 is Neutral, neither overbought nor oversold. The STOCH value of 60.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APWC.
Asia Pac Wire &Cable Risk Analysis
Asia Pac Wire &Cable disclosed 31 risk factors in its most recent earnings report. Asia Pac Wire &Cable reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Asia Pac Wire &Cable Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | $200.28M | -523.92 | 0.77% | ― | 13.82% | ― | |
56 Neutral | $40.04M | 83.09 | -39.87% | ― | -4.47% | 37.91% | |
52 Neutral | $69.65M | -2.17 | -94.91% | ― | 33.32% | 1.39% | |
52 Neutral | $57.81M | ― | -23.29% | ― | ― | ― | |
51 Neutral | $29.28M | 6.75 | 2.17% | ― | 9.96% | 193.93% | |
42 Neutral | $7.50M | -9.53 | -119.92% | ― | -54.67% | -107.48% |
* Industrials Sector Average
APWC
Asia Pac Wire &Cable
1.42
-0.27
-15.98%
OESX
Orion Energy Systems
9.88
2.93
42.16%
RFIL
RF Industries
18.52
14.25
333.72%
IPWR
Ideal Power
5.73
0.72
14.37%
PPSI
Pioneer Power Solutions
5.21
2.50
92.25%
POLA
Polar Power
2.06
0.24
13.19%
Asia Pac Wire &Cable Corporate Events
Asia Pacific Wire & Cable Posts Strong Q1 2026 Revenue Growth and Bolsters Cash via Rights Offering
May 14, 2026
Asia Pacific Wire Cable reported first-quarter 2026 results on May 14, 2026, showing revenue of $130.8 million, up 30% year over year but down 2% sequentially, and earnings per share of $0.05, up 171% from a year earlier yet 71% lower than the pr...
Asia Pacific Wire & Cable Names Brian Ma Acting CFO After April 30 Leadership Change
May 1, 2026
Asia Pacific Wire Cable Corporation Limited announced on May 1, 2026, that Brian Ma has replaced Ben Lee as Chief Financial Officer, effective April 30, 2026, with Ma initially serving as Acting CFO from April 29, 2026. The leadership change intr...
Asia Pacific Wire & Cable Posts Higher 2025 Earnings on Modest Revenue Growth
Apr 29, 2026
Asia Pacific Wire Cable reported on April 29, 2026 that fourth-quarter 2025 revenue reached $133.8 million, up 4% sequentially but 2% lower year-on-year as fewer public sector orders were completed versus 2024, while quarterly earnings per share ...
Asia Pacific Wire & Cable Raises $34.2 Million in Fully Subscribed Rights Offering to Fund Expansion
Feb 26, 2026
Asia Pacific Wire Cable Corporation Limited, a Taiwan-headquartered holding company listed on Nasdaq and active in wire, power cable and telecom products across the Asia-Pacific region, also distributes products for its controlling shareholder an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.