Asia Pacific Wire & Cable Corporation Ltd. Ordinary Shares (Bermuda) (APWC)

FairStock Score: 52/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at a classic cigar-butt candidate. Asia Pacific Wire & Cable sells enameled wire, power cable and telecom products across Asia Pacific. This is a commodity-like business with 1,175 employees, little pricing power, and a latest reported quarter, 2026-Q2, showing revenue of $136.6 million but net income of only $781,000, a 0.57% margin. That tells me the business is not earning much from each sales dollar. The provided growth figures are revenue growth of 7.68% and profit growth of 35.12%, but the level of profitability remains thin. On the balance sheet, the D/E of 0.22 is a modest positive. However, trailing free cash flow is -$10.0 million and the FairStock-calculated FCF yield is -17.6%. FairStock's ROE is 4.60% and ROCE is 2.05%, both far below what I want from a durable business. The Piotroski F-Score of 2/9 and Altman Z-Score of 1.34 suggest weak fundamental momentum and financial risk. The Lynch category is none because only 0 years of filed results are available, so historical consistency is not established. Valuation is where the attraction lies. At the 2026-10-13 close of $1.29, FairStock calculates a P/E of 4.61, P/B of 0.26, EV/EBITDA of 3.18, PEG of 0.13, and a Graham Number of $5.59, implying a 76.92% margin of safety. The 52-week range is $1.27-$2.28, so the shares are near the low. A low beta of 0.63 may mean less volatility. But without positive cash generation, the discount may persist. I would need cash flow and returns to improve before trusting the asset value.

In plain English: Asia Pacific Wire & Cable makes wire and cable products for power and telecom use across Asia Pacific. The business looks weak: it earns very little profit relative to sales and is burning cash, though it carries modest debt. The stock price looks cheap compared with its assets and reported earnings, but the weak cash generation makes that cheapness risky.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer