Catcher Technology Co., Ltd. (2474.TW) stock analysis

In our weekly check, Catcher Technology Co., Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 10 pass, warnings: 8, red flags: 7.

About Catcher Technology Co., Ltd.

Catcher Technology Co., Ltd. is an Industrials company (Manufacturing - Metal Fabrication) based in Taiwan, listed on TAI as 2474.TW.

What our checks show for 2474.TW

Red flags

• Net debt is 4.6x a year of EBITDA (debt/equity 0.5). That limits room in a downturn and raises refinancing risk.
• Operating profit covers interest only 1.4 times: a weak year could make the payments hard.
• The gross margin fell by 5.7 points, to 27.3%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 5.9 points from today's 51.7%.
• Revenue fell 17.4% a year over the last 3 years.
• The stock has fallen as much as 82% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 1.1%.

Warning signs

• Operating cash flow is only 0.7x net profit: part of the reported profit does not arrive as cash.
• Analysts expect earnings per share to shrink about 5.4% a year.
• Analysts expect only about 1.8% a year of growth in revenue.
• Earnings per share fell 3.4% a year over the last 3 years.
• Net profit fell 9.4% a year over the last 3 years.
• The dividend takes 90% of profit: little cushion if profit falls.
• The price swings a lot: 37.7% annual volatility. Expect large ups and downs.
• Recovering from its deepest fall took about 2.6 years.

Strengths

• The net margin rose by 30.8 points over 5 years, to 51.7%.
• The company keeps 51.7% of its revenue as net profit.
• Free cash flow is 30% of revenue: cash for dividends, buybacks or growth.
• The price is 14.2 times earnings (P/E), reasonable for its growth.
• Beta 0.27: the stock usually moves less than the market.
• The share count fell by 8.1% in 2 years: the company buys back its own shares.

Next earnings report: 2026-11-11

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Questions

What grade does Catcher Technology Co., Ltd. (2474.TW) have?

In our weekly check, Catcher Technology Co., Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 10 pass, warnings: 8, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2474.TW stock?

This week's biggest flags for Catcher Technology Co., Ltd.: High debt, Weak interest cover, Gross margin falling. In total 15 of 25 checks show a warning or a red flag.

What does Catcher Technology Co., Ltd. do?

Catcher Technology Co., Ltd. is an Industrials company (Manufacturing - Metal Fabrication) based in Taiwan, listed on TAI as 2474.TW.

When does Catcher Technology Co., Ltd. report earnings next?

The next earnings report is expected on 2026-11-11. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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