Loading…
Taiwanese maker of high-performance knit fabrics and finished apparel for global sportswear brands.
Taiwanese maker of high-performance knit fabrics and finished apparel for global sportswear brands.
Develops performance fabrics with sportswear brands, which typically name approved fabric mills for the factories that sew their clothes, so a place on that list drives its orders. Fabric carries the company, with finished garments as a smaller line.
In one line: A vertically-integrated performance-fabric mill.
Moat: narrow (process know-how, customer qualification). Deep fabric-R&D relationships with top sportswear brands, hard to requalify quickly.
Headquarters: Tainan, Taiwan
Size Eclat Textile (1476.TW) is a Taiwan Consumer Discretionary company (Apparel/Footwear) with a market value of $2.88B, the 131st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$346.50 on 6 Nov 2026.
Performance Over six months the shares gained 3.0%, against +2.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 0.2% over the last twelve months (peer median +4.1%); the operating margin is 20.1% (peer median 8.7%).
Valuation It trades at 13.7× forward earnings against a peer median of 15.4× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 32.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$38.6B | NT$38.0B | NT$36.8B | NT$30.8B | NT$39.7B |
| Revenue growth | — | +3% | +20% | -23% | — |
| Gross profit | NT$11.4B | NT$10.6B | NT$11.1B | NT$9.41B | NT$10.9B |
| EBITDA | NT$8.61B | NT$7.96B | NT$8.64B | NT$7.43B | NT$8.53B |
| Net income | NT$6.62B | NT$5.51B | NT$6.64B | NT$5.18B | NT$6.79B |
| Free cash flow | NT$6.60B | NT$7.20B | NT$4.11B | NT$4.36B | NT$10.5B |
| Capital expenditure | NT$391M | NT$384M | NT$498M | NT$318M | NT$1.80B |
| Total debt | NT$505M | NT$738M | NT$1.98B | NT$1.35B | NT$2.72B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Eclat Textile 1476.TW | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% |
| Makalot Industrial 1477.TW | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% |
| Shenzhou Intl 2313.HK | $8.08B | -7% | +2% | 16% | 11.8× | -4.5% |
| Far Eastern New Century 1402.TW | $4.49B | +8% | 0% | 6% | 11.8× | 5.3% |
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.
| Measure | 1476.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +24.4% | +5.7% | 2nd highest of 21 |
| 6-month return | +3.0% | +2.6% | 11th highest of 21 |
| Distance from 52-week high | -26.3% | -14.7% | 6th lowest of 21 |
| Revenue growth (TTM) | -0.2% | +4.1% | 8th lowest of 21 |
| Operating margin | 20.1% | 8.7% | highest of 21 |
| Forward P/E | 13.7× | 15.4× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -8.9% | 2.5% | least demanding of 18 |
| Growth delivered (Del g) | +6.2% | +8.5% | 8th lowest of 18 |
| Hurdle (Req g minus delivered) | -15.1 pp | -6.6 pp | 3rd least demanding of 18 |
| ROIC minus cost of capital | +32.4 pp | +5.6 pp | 2nd highest of 21 |
| EV / EBITDA | 9.6× | 10.1× | 9th cheapest of 17 |
| Net debt / EBITDA | -1.4× | 0.4× | 4th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Eclat Textile 1476.TW | Taiwan | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% | +6.2% |
| Steven Madden SHOO | United States | $2.89B | -3% | +18% | 9% | 17.5× | 5.9% | +16.1% |
| Star Shine 1440.HK | Hong Kong | $2.85B | +34% | -33% | -3% | n/a | n/a | n/a |
| Hugo Boss BOSS.DE | Germany | $2.90B | +8% | -5% | 8% | 15.4× | -6.6% | +17.0% |
| Crystal International 2232.HK | Hong Kong | $2.92B | +23% | +4% | 10% | 11.4× | -5.3% | +6.0% |
| Yue Yuen Industrial (Holdings) 0551.HK | Hong Kong | $2.75B | -7% | -3% | 3% | 13.6× | 2.4% | -0.9% |
| FIGS FIGS | United States | $3.29B | +37% | +25% | 10% | 54.0× | 25.5% | +19.1% |
| BIEM.L.FDLKK Garment 002832.SZ | China | $2.46B | +42% | +23% | 15% | 20.4× | 0.0% | +13.3% |
| Zhejiang Semir Garment 002563.SZ | China | $2.42B | -1% | +4% | 7% | 14.8× | -8.1% | -0.1% |
| Columbia Sportswear COLM | United States | $3.61B | +12% | 0% | 8% | 16.2× | 4.6% | +6.3% |
| Pou Chen 9904.TW | Taiwan | $2.29B | 0% | -7% | 3% | 7.3× | 5.9% | +0.1% |
| Youngone 111770.KS | South Korea | $2.27B | -13% | +15% | 14% | 5.5× | n/a | n/a |
| Under Armour UA | United States | $2.23B | -19% | -3% | 1% | 83.9× | n/a | n/a |
| Mizuno 8022.T | Japan | $2.10B | +27% | +10% | 9% | 15.9× | 4.9% | +11.5% |
| Feng Tay Enterprise 9910.TW | Taiwan | $2.08B | 0% | -4% | 7% | 15.0× | -5.9% | +3.9% |
| PVH PVH | United States | $4.15B | +1% | +2% | 8% | 8.1× | 2.5% | +4.6% |
| K.P.R. Mill KPRMILL.NS | India | $4.21B | +19% | +6% | 18% | 34.8× | 29.9% | +13.3% |
| Kontoor Brands KTB | United States | $4.21B | +5% | +16% | 13% | 13.2× | 1.1% | +8.5% |
| Page Industries PAGEIND.NS | India | $4.22B | -4% | +8% | 19% | 46.8× | 27.7% | +13.1% |
| Goldwin 8111.T | Japan | $1.93B | -1% | +4% | 18% | 12.7× | -6.3% | +8.7% |
| Vestis VSTS | United States | $1.88B | +54% | 0% | 4% | 20.0× | 15.8% | +1.3% |