Which companies are USI's closest peers?

The cockpit's peer set: Jiangsu Jingxue Insulation Technology (301010.SZ), Jiangsu Yabang Dyestuff (603188.SS), Uzin Utz (UZU.DE), Chongqing Sanxia Paints (000565.SZ), Yung Chi Paint & Varnish Mfg (1726.TW), Montauk Renewables (MNTK), Focus Hotmelt (301283.SZ), Zhejiang Lanyu Digital Technology (301585.SZ).

Is USI expensive compared with its peers?

On ev / sales it trades at 1.0× against a peer median of 2.1×, 6th cheapest of 21 in its peer set.

How has USI stock performed?

Over six months to 6 Nov 2026 the shares returned -19.9% against -15.8% for the median peer; over one year +5.7%.

← CockpitCompetitor Analysis › 1304.TW USI CorporationOpen in the cockpit ↗

USI Corporation1304.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Materials›Industrial Specialties

Momentum neutral 50

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$358M

US dollars, full cap

Free float

76%

of shares outstanding

$/day

$1.61M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-7.1 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

10 days

16 Nov 2026

Close · TWDNT$11.05

1D-2.6%

1W-9.4%

1M-12.3%

3M-3.1%

6M-19.9%

YTD-0.5%

1Y+5.7%

ATR %4.2%

52w lowhigh43.5% off high

What USI does

Employees: 4,863

USI at a glance

Size USI (1304.TW) is a Taiwan Materials company (Industrial Specialties) with a market value of $358M, the 575th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$11.05 on 6 Nov 2026.

Performance Over six months the shares fell 19.9%, against -15.8% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue fell 14.3% over the last twelve months (peer median +7.5%); the operating margin is -3.6% (peer median 6.3%).

Valuation It trades at 1.0× enterprise value to sales against a peer median of 2.1× (6th cheapest of 21).

Capital Return on invested capital runs 7.1 points below its cost of capital (5.0% WACC).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: USI against the median of its 20 peers (local-currency closes).

USI financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	NT$42.2B	NT$44.2B	NT$51.0B	NT$52.3B	NT$66.4B
Revenue growth	—	-13%	-2%	-21%	—
Gross profit	NT$2.34B	NT$1.14B	NT$2.10B	NT$5.43B	NT$10.8B
EBITDA	NT$1.29B	NT$54.2M	NT$685M	NT$4.18B	NT$8.10B
Net income	-NT$1.91B	-NT$2.79B	-NT$2.15B	-NT$207M	NT$1.56B
Free cash flow	-NT$5.09B	-NT$2.80B	-NT$3.14B	NT$1.44B	NT$7.44B
Capital expenditure	NT$4.21B	NT$3.75B	NT$3.72B	NT$3.73B	NT$2.86B
Total debt	NT$22.9B	NT$20.8B	NT$20.9B	NT$18.1B	NT$16.4B

Quarterly statements and history in the cockpit →

USI competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. USI is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. USI is the large dot.

USI competitors and peer comparison

How USI compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

USI against its 20 peers (data as of 6 Nov 2026)
Measure	1304.TW	Peer median	Rank in peer set
1-month return	-12.3%	-10.2%	9th lowest of 21
6-month return	-19.9%	-15.8%	9th lowest of 20
Distance from 52-week high	-43.5%	-32.9%	4th lowest of 21
Revenue growth (TTM)	-14.3%	+7.5%	3rd lowest of 21
Operating margin	-3.6%	6.3%	4th lowest of 21
EV / Sales	1.0×	2.1×	6th cheapest of 21
ROIC minus cost of capital	-7.1 pp	-2.1 pp	6th lowest of 21
Net debt / EBITDA	10.0×	0.9×	most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
USI 1304.TW	Taiwan	$358M	-20%	-14%	-4%	1.0×	n/a	n/a
Jiangsu Jingxue Insulation Technology 301010.SZ	China	$354M	-1%	-28%	-1%	3.1×	33.3%	+2.2%
Jiangsu Yabang Dyestuff 603188.SS	China	$350M	-22%	+13%	-9%	3.2×	n/a	n/a
Uzin Utz UZU.DE	Germany	$369M	-4%	+9%	8%	0.8×	0.4%	+5.7%
Chongqing Sanxia Paints 000565.SZ	China	$371M	-28%	+18%	-12%	5.7×	n/a	n/a
Yung Chi Paint & Varnish Mfg 1726.TW	Taiwan	$371M	0%	-1%	12%	0.9×	-13.1%	+4.1%
Montauk Renewables MNTK	United States	$387M	+86%	+4%	2%	2.8×	n/a	n/a
Focus Hotmelt 301283.SZ	China	$390M	-32%	+28%	8%	0.9×	n/a	n/a
Zhejiang Lanyu Digital Technology 301585.SZ	China	$390M	-18%	+22%	13%	4.7×	n/a	n/a
Guangzhou Jointas Chemical Joint Stock 002909.SZ	China	$326M	-16%	-10%	-3%	2.9×	n/a	n/a
Nippon Carbon 5302.T	Japan	$323M	-4%	+3%	12%	1.4×	3.5%	+7.1%
Dai Nippon Toryo 4611.T	Japan	$321M	+45%	+25%	5%	0.7×	n/a	n/a
Aspen Aerogels ASPN	United States	$407M	-4%	-49%	-41%	1.9×	9.9%	+22.0%
Hunan Resun 001218.SZ	China	$408M	-27%	+37%	5%	0.3×	n/a	n/a
Taiwan Paiho 9938.TW	Taiwan	$314M	-23%	-2%	13%	1.5×	n/a	n/a
Hangzhou Toka Ink 688571.SS	China	$429M	-26%	+4%	7%	1.6×	n/a	n/a
Essentra ESNT.L	United Kingdom	$430M	+37%	+7%	8%	1.3×	18.7%	-19.6%
Praise Victor Industrial 7768.TW	Taiwan	$434M	n/a	+3%	16%	6.2×	n/a	n/a
Sanlux 002224.SZ	China	$458M	-22%	+8%	-4%	2.2×	n/a	n/a
Hubei Xiangyuan New Material Technology 300980.SZ	China	$461M	-52%	+15%	5%	4.3×	21.6%	+13.8%
Indigo Paints INDIGOPNTS.NS	India	$462M	-1%	+12%	13%	2.7×	27.6%	+14.2%

Questions

Which companies are USI's closest peers?: The cockpit's peer set: Jiangsu Jingxue Insulation Technology (301010.SZ), Jiangsu Yabang Dyestuff (603188.SS), Uzin Utz (UZU.DE), Chongqing Sanxia Paints (000565.SZ), Yung Chi Paint & Varnish Mfg (1726.TW), Montauk Renewables (MNTK), Focus Hotmelt (301283.SZ), Zhejiang Lanyu Digital Technology (301585.SZ).
Is USI expensive compared with its peers?: On ev / sales it trades at 1.0× against a peer median of 2.1×, 6th cheapest of 21 in its peer set.
How has USI stock performed?: Over six months to 6 Nov 2026 the shares returned -19.9% against -15.8% for the median peer; over one year +5.7%.