Friday 6 November 2026
Export APWC’s income statement to Excel — free account
Asia Pacific Wire & Cable Corporation Limited
APWC Industrials Electrical Equipment & Parts
Asia Pacific Wire & Cable Corporation Limited’s revenue for fiscal 2025 (year ended December 2025) was $489.7 million, up 3.60% from fiscal 2024.
- Revenue
- +7.68%
- EPS
- −66.7%
- Free cash flow
- −16.2%
- Total debt
- −76.1%
Quarter to June 2026, against a year earlier
1.11
0.01
−0.89%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 385 | 425 | 426 | 338 | 314 | 477 | 434 | 426 | 473 | 490 | 530 | +2.7% | — | — | — | — | |
| Gross margin, % | 8.22 | 9.33 | 8.51 | 7.33 | 10.80 | 4.44 | 7.50 | 7.10 | 7.42 | 7.03 | 8.28 | (1.2) pt | ||||||
| EBT | 7 | 19 | 11 | 1 | 8 | (10) | 8 | 0 | 9 | 7 | 15 | +0.3% | ||||||
| EBT margin, % | 1.70 | 4.39 | 2.66 | 0.33 | 2.46 | (2.07) | 1.74 | 0.11 | 1.98 | 1.37 | 2.83 | (0.3) pt | ||||||
| Net income | 7 | 19 | 11 | 1 | 8 | (10) | 8 | 0 | 9 | 7 | 7 | +0.3% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 27.83 | 30.77 | 30.82 | 24.47 | 22.69 | 34.49 | 21.67 | 20.65 | 22.93 | 23.75 | 12.85 | (1.7%) | |||||
| Earnings | 0.21 | 0.63 | 0.21 | (0.12) | (0.04) | (0.19) | 0.19 | 0.19 | 0.17 | 0.18 | 0.28 | (1.7%) | ||||||
| Cash flow | 0.65 | (1.19) | 2.94 | 1.10 | 1.18 | (3.01) | 0.33 | (0.30) | 1.18 | (0.38) | (0.16) | n/m | ||||||
| Capex | (0.37) | (0.32) | (0.32) | (0.38) | (1.04) | (0.59) | (0.18) | (0.20) | (0.16) | (0.15) | 0.00 | (9.3%) | ||||||
| Free cash flow | 0.29 | (1.51) | 2.62 | 0.71 | 0.15 | (3.60) | 0.15 | (0.50) | 1.02 | (0.53) | (0.16) | n/m | ||||||
| Book value | 14.27 | 16.12 | 16.05 | 16.53 | 17.00 | 15.15 | 10.56 | 10.41 | 10.45 | 11.49 | 6.56 | (2.4%) | ||||||
| Shares, m | 14 | 14 | 14 | 14 | 14 | 14 | 20 | 21 | 21 | 21 | 28 | +4.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 50.09 | 9.70 | 0.00 | 111.00 | 0.00 | 16.33 | 6.00 | 8.26 | 13.42 | 3.96 | 21.5 | |||||
| P/S | 0.10 | 0.11 | 0.07 | 0.06 | 0.08 | 0.07 | 0.06 | 0.05 | 0.07 | 0.08 | 0.09 | 0.1 | ||||||
| P/B | 0.20 | 0.19 | 0.12 | 0.12 | 0.19 | 0.13 | 0.20 | 0.14 | 0.14 | 0.16 | 0.17 | 0.2 | ||||||
| EV/Sales | (0.03) | (0.05) | (0.09) | (0.10) | (0.04) | (0.02) | (0.02) | (0.01) | 0.01 | 0.01 | (0.03) | 0.0 | ||||||
| EV/FCF | 1.07 | 8.71 | (3.25) | 4.49 | (0.55) | 0.13 | 0.14 | 0.17 | 0.71 | (0.28) | 0.72 | 1.1 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 9 | (16) | 41 | 15 | 16 | (42) | 7 | (6) | 24 | (8) | (7) | n/m | |||||
| Capex | (5) | (4) | (4) | (5) | (14) | (8) | (4) | (4) | (3) | (3) | (18) | (5.2%) | ||||||
| Free cash flow | 4 | (21) | 36 | 10 | 2 | (50) | 3 | (10) | 21 | (11) | (7) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 157 | 182 | 182 | 186 | 180 | 150 | 166 | 154 | 164 | 177 | 216 | +1.4% | |||||
| Net debt | (20) | (5) | (36) | (40) | (37) | 23 | (40) | (37) | (28) | (31) | (64) | +5.0% | ||||||
| Shareholders’ equity | 197 | 223 | 222 | 228 | 235 | 209 | 211 | 215 | 215 | 237 | 270 | +2.1% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 0.95 | 2.78 | 0.91 | (0.54) | (0.17) | (0.73) | 1.02 | 1.05 | 0.99 | 1.02 | 1.69 | +0.1 pt | |||||
| ROIC | 2.59 | 4.77 | 2.92 | (0.22) | 2.38 | (1.34) | 2.94 | 0.54 | 3.33 | 1.94 | 4.02 | (0.6) pt | ||||||
| ROE | 1.46 | 4.15 | 1.32 | (0.72) | (0.24) | (1.19) | 1.84 | 1.82 | 1.62 | 1.62 | 2.74 | +0.2 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 1,389 | 1,353 | 1,326 | 1,227 | 1,216 | 1,190 | 1,207 | 1,210 | 1,208 | 1,175 | — | (1.8%) | |||||
| Revenue/emp, $m | 0.28 | 0.31 | 0.32 | 0.28 | 0.26 | 0.40 | 0.36 | 0.35 | 0.39 | 0.42 | — | +4.6% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 24 Oct 2026
Asia Pacific Wire & Cable Corporation Limited vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| NMAD Nomad Power Solutions, Inc. | $56.2M | — (loss-making) | — | — | n/m | −230.63% (below 0%: shrinking) | — | 0.00% | Compare |
| NVX NOVONIX Limited Sponsored ADR | $55.6M | — (loss-making) | — (loss-making) | +76.13% (above 0%: growing) | −297.33% (below 0%: shrinking) | −1.34% (below 0%: shrinking) | (431.26%) | 0.00% | Compare |
| TGEN Tecogen Inc. | $46.2M | — (loss-making) | — (loss-making) | −21.23% (below 0%: shrinking) | n/m | +11.86% (above 0%: growing) | 37.83% | (37.42%) | Compare |
| ZOOZ ZOOZ Strategy Ltd. | $41.6M | 47.3× | — | — | −300.00% (below 0%: shrinking) | +53.24% (above 0%: growing) | — | — | Compare |
| STI Solidion Technology Inc. | $37.3M | — (loss-making) | — | +3,022.50% (above 0%: growing) | n/m | −278.65% (below 0%: shrinking) | 100.00% | (1,094.72%) | Compare |
| PPSI Pioneer Power Solutions, Inc. | $24.7M | — (loss-making) | — (loss-making) | −40.04% (below 0%: shrinking) | n/m | +50.61% (above 0%: growing) | 19.61% | (39.95%) | Compare |
| APWC Asia Pacific Wire & Cable Corporation Limited | $22.9M | 4.0× | 7.6× | +7.68% (above 0%: growing) | −66.67% (below 0%: shrinking) | −16.24% (below 0%: shrinking) | 8.06% | 2.49% | |
| XCH XCHG Limited | $14.1M | — | — | — | n/m | — | 46.15% | (10.26%) | Compare |
| FLUX Flux Power Holdings, Inc. | $6.8M | — (loss-making) | — (loss-making) | −48.71% (below 0%: shrinking) | n/m | −58.54% (below 0%: shrinking) | 24.76% | (43.79%) | Compare |
| Median of peers | $39.4M | — | — | −21.23% | — | −1.34% | 31.30% | (37.42%) |