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2459.TW Electronic Equipment & Parts

Audix Corp

$68,30
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Mcap
P/E
EV / Rev
Div yield
6,04 %
Op margin
14,3 %
ROE
2,9 %
Net margin
12,2 %
Debt / equity
0,40
Beta
52w range
Volume
Day range
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About

Audix Corp designs and manufactures audio equipment, primarily microphones and related accessories, for professional and consumer markets.

Business. Audix Corp (2459.TW) is a technology equipment company operating within the electronic equipment and parts industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Audix Corp is primarily listed on the Taiwan Stock Exchange under the ticker 2459.TW.

Classification92 %
SectorTechnology
Business sectorTechnology Equipment
IndustryElectronic Equipment & Parts
ActivityTechnology Equipment
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
59
composite score
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
2,9 %
return on equity
Quality
55
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 2459.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,8 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,9 %−0,3 %
    Consumer Staples−0,8 %+4,4 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to 2459.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    — missing data

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score59 / 100
    Composite score 0-100 · Data quality 0,55
    Data quality0,55 / 1.00

    Synthesis

    Business

    Audix Corp (2459.TW) is a technology equipment company operating within the electronic equipment and parts industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Audix Corp is primarily listed on the Taiwan Stock Exchange under the ticker 2459.TW.

    Classification92 %
    SectorTechnology
    Business sectorTechnology Equipment
    IndustryElectronic Equipment & Parts
    ActivityTechnology Equipment
    AI synthesis
    GENERATED

    Audix Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.4, indicating a relatively low reliance on debt financing. The company's liquidity position is characterized as medium risk, with a current ratio of 2.3, suggesting it can cover its short-term obligations but with limited excess capacity. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics show a return on equity of 2.89% and a return on assets of 1.65%, both below the industry median for electronic equipment and parts firms. These figures suggest that Audix Corp is underperforming in terms of capital efficiency and asset utilization compared to its peers.

    The company's revenue is concentrated in a single business segment focused on audio equipment, with no disclosed geographic diversification. This lack of segment or geographic diversification increases exposure to market-specific risks, particularly in the professional audio industry.

    Looking ahead, revenue is projected to grow by 5.2% in the current fiscal year and 3.8% in the next, based on historical performance and industry demand for audio equipment. However, the growth trajectory is modest, and the company has not demonstrated significant innovation or expansion into new markets.

    Risk factors include a medium liquidity risk due to the current ratio and negative net cash position. The company has a low dilution risk, with no recent share issuance or dilutive events reported. However, the absence of a strong balance sheet could limit its ability to pursue strategic opportunities without external financing.

    Recent filings and transcripts indicate no major operational or strategic changes. The company continues to focus on product development and market expansion within its core audio equipment segment. No significant regulatory or geopolitical risks have been disclosed in the latest reports.

    Key takeaways
    • Audix Corp has a conservative capital structure with a debt-to-equity ratio of 0.4.
    • The company's return on equity and return on assets are below industry medians, indicating underperformance in capital efficiency.
    • Revenue is concentrated in a single business segment, increasing exposure to market-specific risks.
    • Revenue growth is projected at 5.2% for the current fiscal year and 3.8% for the next, with no significant innovation or expansion into new markets.
    • The company faces medium liquidity risk and a negative net cash position, which could limit strategic opportunities.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 2

    Cash conversion ratio of 1.61 exceeds the peer median of 1.04, highlighting robust ability to turn earnings into cash.

    Net income declined only 1.2% annually over four years, showing relative resilience despite broader revenue contraction trends.

    BEAR CASE · 2

    The company faces high credit risk, indicating potential difficulties in meeting financial obligations or securing favorable financing.

    Debt-to-equity ratio of 0.4 is below the cohort median, but high credit risk flags suggest leverage remains a concern.

    In focus — financials by report

    Annual
    ANNUALFiled 2023-02-13
    FY 2023 · Full-year highlights

    Revenue TWD 7.85B, +12,4% YoY; Operating income +37,4% YoY.

    RevenueTWD 7.85B+12,4 % YoY
    Operating incomeTWD 1.03B+37,4 % YoY
    Net incomeTWD 573.3M+8,3 % YoY
    Free cash flowTWD 417.6M+20,2 % YoY
    EPS
    Operating cash flowTWD 671.2M−2,1 % YoY
    Financials
    Income statement
    RevenueTWD 7.85B
    Gross profitTWD 1.83B
    Operating incomeTWD 1.03B
    Net incomeTWD 573.3M
    Margins
    Gross margin23.3%
    Operating margin13.1%
    Net margin7.3%
    FCF margin5.3%
    Balance sheet
    Total assetsTWD 10.45B
    Total liabilitiesTWD 5.28B
    Total equityTWD 5.17B
    Cash & equivalentsTWD 810.5M
    Long-term debtTWD 2.99B
    Cash flow
    Operating cash flowTWD 671.2M
    CapEx-TWD 222.7M
    Free cash flowTWD 417.6M
    SBC
    P&L flow · revenue → net income
    Revenue TWD 1.27BOperating costs TWD 1.09BFinance TWD 13.1MNet income TWD 155.4M
    Highlights
    • Revenue TWD 7.85B, +12,4% YoY
    • Operating income +37,4% YoY
    • Net income +8,3% YoY
    • Free cash flow +20,2% YoY
    • Net margin 7.3%

    Valuation FY

    Market price
    $68,30
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $5.38B
    Net cash
    -$1.53B
    Current ratio
    2.3
    Debt / equity
    0.4
    ROA
    1.7%
    ROE
    2.9%
    Cash conversion
    161.0%
    CapEx / revenue
    -5.0%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin14,3 %Above P75
    Net Margin12,2 %Above P75
    ROE2,9 %Above median
    Capex / Rev-5,0 %Above median
    D/E0,40Below median
    Cash Conv1,61Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Audix Corp Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2459.TWCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage