Saturday 17 October 2026
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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. In the quarter to June 2026, revenue grew 7.68%, EPS fell 66.7%, free cash flow fell 16.2% and total debt fell 76.1%, each against the same quarter a year earlier.
1.27
0.02
−1.55%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 1.09 | 2.40 | 1.77 | 1.28 | 0.89 | 1.90 | 1.07 | 1.22 | 1.20 | 1.36 |
Analyst estimates 2026–2028 Powerpack |
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| High | 2.85 | 3.10 | 2.93 | 2.40 | 2.90 | 8.80 | 2.27 | 2.36 | 2.02 | 2.34 | |||||
| People | |||||||||||||||
| People | Employees | 1,389 | 1,353 | 1,326 | 1,227 | 1,216 | 1,190 | 1,207 | 1,210 | 1,208 | 1,175 | ||||
| Revenue/emp, $m | 0.28 | 0.31 | 0.32 | 0.28 | 0.26 | 0.40 | 0.36 | 0.35 | 0.39 | 0.42 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 385 | 425 | 426 | 338 | 314 | 477 | 434 | 426 | 473 | 490 | ||||
| Gross margin, % | 8.22 | 9.33 | 8.51 | 7.33 | 10.80 | 4.44 | 7.50 | 7.10 | 7.42 | 7.03 | |||||
| EBT | 7 | 19 | 11 | 1 | 8 | (10) | 8 | 0 | 9 | 7 | |||||
| EBT margin, % | 1.70 | 4.39 | 2.66 | 0.33 | 2.46 | (2.07) | 1.74 | 0.11 | 1.98 | 1.37 | |||||
| Net income | 7 | 19 | 11 | 1 | 8 | (10) | 8 | 0 | 9 | 7 | |||||
| Depreciation | 6 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | |||||
| 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 | ||||
| Earnings | 0.21 | 0.63 | 0.21 | (0.12) | (0.04) | (0.19) | 0.19 | 0.19 | 0.17 | 0.18 | |||||
| Cash flow | 0.65 | (1.19) | 2.94 | 1.10 | 1.18 | (3.01) | 0.33 | (0.30) | 1.18 | (0.38) | |||||
| Capex | (0.37) | (0.32) | (0.32) | (0.38) | (1.04) | (0.59) | (0.18) | (0.20) | (0.16) | (0.15) | |||||
| Free cash flow | 0.29 | (1.51) | 2.62 | 0.71 | 0.15 | (3.60) | 0.15 | (0.50) | 1.02 | (0.53) | |||||
| Book value | 14.27 | 16.12 | 16.05 | 16.53 | 17.00 | 15.15 | 10.56 | 10.41 | 10.45 | 11.49 | |||||
| Shares, m | 14 | 14 | 14 | 14 | 14 | 14 | 20 | 21 | 21 | 21 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 50.09 | 9.70 | 0.00 | 111.00 | 0.00 | 16.33 | 6.00 | 8.26 | 13.42 | ||||
| P/S | 0.10 | 0.11 | 0.07 | 0.06 | 0.08 | 0.07 | 0.06 | 0.05 | 0.07 | 0.08 | |||||
| P/B | 0.20 | 0.19 | 0.12 | 0.12 | 0.19 | 0.13 | 0.20 | 0.14 | 0.14 | 0.16 | |||||
| EV/Sales | (0.03) | (0.05) | (0.09) | (0.10) | (0.04) | (0.02) | (0.02) | (0.01) | 0.01 | 0.01 | |||||
| EV/FCF | 1.07 | 8.71 | (3.25) | 4.49 | (0.55) | 0.13 | 0.14 | 0.17 | 0.71 | (0.28) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 9 | (16) | 41 | 15 | 16 | (42) | 7 | (6) | 24 | (8) | ||||
| Capex | (5) | (4) | (4) | (5) | (14) | (8) | (4) | (4) | (3) | (3) | |||||
| Free cash flow | 4 | (21) | 36 | 10 | 2 | (50) | 3 | (10) | 21 | (11) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 157 | 182 | 182 | 186 | 180 | 150 | 166 | 154 | 164 | 177 | ||||
| Total debt | 28 | 41 | 25 | 14 | 16 | 67 | 14 | 1 | 6 | 2 | |||||
| Net debt | (20) | (5) | (36) | (40) | (37) | 23 | (40) | (37) | (28) | (31) | |||||
| Shareholders’ equity | 197 | 223 | 222 | 228 | 235 | 209 | 211 | 215 | 215 | 237 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 0.95 | 2.78 | 0.91 | (0.54) | (0.17) | (0.73) | 1.02 | 1.05 | 0.99 | 1.02 | ||||
| ROIC | 2.59 | 4.77 | 2.92 | (0.22) | 2.38 | (1.34) | 2.94 | 0.54 | 3.33 | 1.94 | |||||
| ROE | 1.46 | 4.15 | 1.32 | (0.72) | (0.24) | (1.19) | 1.84 | 1.82 | 1.62 | 1.62 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 5 Oct 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| RFIL RF Industries, Ltd. | $79.4M | 31.2× | 50.1× | +21.07% (above 0%: growing) | +225.00% (above 0%: growing) | +453.33% (above 0%: growing) | 35.63% | 7.34% | Compare |
| TGEN Tecogen Inc. | $67.9M | — (loss-making) | — (loss-making) | −21.23% (below 0%: shrinking) | n/m | +11.86% (above 0%: growing) | 37.83% | (37.42%) | Compare |
| NVX NOVONIX Limited Sponsored ADR | $54.4M | — (loss-making) | — (loss-making) | +76.13% (above 0%: growing) | n/m | −1.34% (below 0%: shrinking) | (431.26%) | 0.00% | Compare |
| STI Solidion Technology Inc. | $40.9M | — (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. | $31.0M | — (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 | $26.6M | 4.5× | 7.6× | +7.68% (above 0%: growing) | −66.67% (below 0%: shrinking) | −16.24% (below 0%: shrinking) | 8.06% | 2.49% | |
| PITEF Heramba Electric PLC | $11.1M | — (loss-making) | — | — | n/m | −3.60% (below 0%: shrinking) | — | — | Compare |
| FLUX Flux Power Holdings, Inc. | $9.2M | — (loss-making) | — (loss-making) | −50.72% (below 0%: shrinking) | n/m | +79.63% (above 0%: growing) | 27.36% | (25.46%) | Compare |
| EPOW E-Power Inc. | $8.5M | — (loss-making) | 6.2× | +280.53% (above 0%: growing) | −216.67% (below 0%: shrinking) | −147.37% (below 0%: shrinking) | 2.99% | 0.00% | Compare |
| Median of peers | $35.9M | — | — | +21.07% | — | +5.26% | 27.36% | (25.46%) |
Asia Pacific Wire & Cable Corporation Limited (APWC) key facts
- Strength: 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.
- Asia Pacific Wire & Cable Corporation Limited (APWC) is an Electrical Equipment & Parts company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, APWC traded at $1.27, a market capitalization of $26.6 million.
- Return on equity was 1.62% and debt-to-equity 0.00.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.29 (grey zone) for fiscal 2025.