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← CockpitCompetitor Analysis › 1815.TWO Fulltech Fiber Glass Corp.Open in the cockpit ↗

Fulltech Fiber Glass Corp.1815.TWOCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Electronic Components

Taiwanese maker of fiberglass materials used to reinforce copper-clad laminates for printed circuit boards.

Momentum leader 97
Mkt cap
$2.18B
US dollars, full cap
Free float
82%
of shares outstanding
$/day
$483M
20-day average traded
Fwd P/E
21.6×
forward earnings
ROIC−WACC
+4.4 pp
WACC 7.6%
Hurdle
n/a
no reverse DCF
Next earnings
129 days
15 Mar 2027
Close · TWDNT$117.50
1D-3.3%
1W-7.1%
1M-8.6%
3M+94.9%
6M+6.3%
YTD+24.5%
1Y+74.9%
ATR %10.5%
52w lowhigh27.2% off high

What Fulltech Fiber Glass does

Taiwanese maker of fiberglass materials used to reinforce copper-clad laminates for printed circuit boards.

Products and services

  • Fiberglass cloth

Customers

  • Copper-clad laminate/PCB makers

Where it sits in the supply chain

  • Materials
  • Electronic materials
  • Fiberglass cloth for PCB substrates

What could go right

  • PCB/electronics production growth

What could go wrong

  • Raw material (glass fiber) cost swings

Moat: narrow (process know-how). Specialized glass-fiber weaving process feeding into the PCB substrate supply chain.

Headquarters: Taiwan

Named competitors

Fulltech Fiber Glass at a glance

Size Fulltech Fiber Glass (1815.TWO) is a Taiwan Information Technology company (Electronic Components) with a market value of $2.18B, the 160th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$117.50 on 6 Nov 2026.

Performance Over six months the shares gained 6.3%, against -25.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 48.5% over the last twelve months (peer median +23.9%); the operating margin is 26.1% (peer median 9.8%).

Valuation It trades at 21.6× forward earnings against a peer median of 28.6× (7th cheapest of 19).

Capital Return on invested capital runs 4.4 points above its cost of capital (7.6% WACC).

Next results Next results expected around 15 Mar 2027 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 20261815.TWO 108Peer median 72
Six months, rebased to 100: Fulltech Fiber Glass against the median of its 20 peers (local-currency closes).

Fulltech Fiber Glass financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$8.36BNT$5.97BNT$4.25BNT$3.20BNT$4.65B
Revenue growth—+41%+33%-31%—
Gross profitNT$4.15BNT$1.59BNT$568M-NT$52.6MNT$801M
EBITDAn/aNT$1.86BNT$806MNT$183MNT$970M
Net incomeNT$2.52BNT$857MNT$62.9M-NT$651MNT$31.5M
Free cash flown/a-NT$1.70B-NT$1.01B-NT$546MNT$1.24B
Capital expendituren/aNT$2.40BNT$1.28BNT$423MNT$321M
Total debtn/aNT$4.52BNT$6.23BNT$6.19BNT$5.84B

Quarterly statements and history in the cockpit →

Fulltech Fiber Glass 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

-60%-40%-20%0%-40%-20%0%300843603678300679002690688727688668JEN605118300088644230072630128500291368812768819560060235320060886882061815.TWO6-month return →1-month return →
Up and to the right = strong over both horizons. Fulltech Fiber Glass is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%0×200×400×3008436036783006790026906886686787300088644230072630128568812768819560060235320060886882061815.TWORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Fulltech Fiber Glass is the large dot.

Fulltech Fiber Glass competitors and peer comparison

Head to head with its named competitors (1815.TWO vs 1717.TW vs 3110.T vs 603256.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Fulltech Fiber Glass 1815.TWO$2.18B+6%+49%26%21.6×n/a
Eternal Materials 1717.TW$2.06B-27%-2%5%17.2×19.9%
Nitto Boseki 3110.T$2.85B-58%+12%20%19.3×n/a
Grace Fabric Technology 603256.SS$10.6B-36%+115%44%57.2×n/a

How Fulltech Fiber Glass 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.

Fulltech Fiber Glass against its 20 peers (data as of 6 Nov 2026)
Measure1815.TWOPeer medianRank in peer set
1-month return-8.6%-18.7%6th highest of 21
6-month return+6.3%-25.6%highest of 21
Distance from 52-week high-27.2%-55.8%3rd highest of 21
Revenue growth (TTM)+48.5%+23.9%5th highest of 21
Operating margin26.1%9.8%5th highest of 21
Forward P/E21.6×28.6×7th cheapest of 19
ROIC minus cost of capital+4.4 pp-3.4 pp6th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Fulltech Fiber Glass 1815.TWOTaiwan$2.18B+6%+49%26%21.6×n/an/a
Shenglan Technology 300843.SZChina$2.16B+2%+45%8%66.5×n/an/a
Fujian Torch Electron Technology 603678.SSChina$2.16B-7%+82%4%26.2×n/an/a
Electric Connector Technology 300679.SZChina$2.14B-24%0%4%25.1×27.9%+15.8%
Hefei Meyer Optoelectronic Technology 002690.SZChina$2.25B-3%+3%31%18.5×9.2%+10.0%
Xiamen Hengkun New Material Technology 688727.SSChina$2.28B-33%+20%9%n/an/an/a
Dongguan Dingtong Precision Metal 688668.SSChina$2.09B-55%+33%16%29.5×n/an/a
Jenoptik JEN.DEGermany$2.30B-21%-2%12%18.6×10.3%+11.2%
Meiko Electronics 6787.TJapan$2.07B-27%+22%10%10.7×n/an/a
Xiamen Leading Optics 605118.SSChina$2.05B-31%+32%34%n/a20.4%+14.8%
Wuhu Token Science 300088.SZChina$2.03B-18%-15%0%31.7×n/an/a
EZconn 6442.TWTaiwan$2.40B-51%+30%27%16.2×15.3%+34.3%
Zhuzhou Hongda Electronics 300726.SZChina$2.43B-20%+11%26%35.2×27.3%+6.1%
HONG RI DA Technology 301285.SZChina$2.50B-22%+14%-13%424.7×n/an/a
Aoshikang Technology 002913.SZChina$2.52B+2%+25%10%34.0×n/an/a
Zhejiang Lante Optics 688127.SSChina$2.56B-45%+59%31%27.8×20.5%+28.5%
Optowide Technologies 688195.SSChina$2.57B-60%+68%17%100.1×n/an/a
INESA Intelligent Tech 600602.SSChina$2.60B-31%-2%2%71.9×32.7%+6.7%
Daeduck Electronics 353200.KSSouth Korea$2.61B-37%+56%16%15.0×15.3%+11.8%
FIT Hon Teng 6088.HKHong Kong$2.63B-67%+11%5%10.5×n/an/a
Primarius Technologies 688206.SSChina$2.63B-2%+30%-9%331.6×n/an/a

Questions

Who are Fulltech Fiber Glass's main competitors?
Named competitors: Eternal Materials (1717.TW), Nitto Boseki (3110.T), Honghe Technology (603256.SS). The cockpit's measured peer set (industry) also includes Shenglan Technology (300843.SZ), Fujian Torch Electron Technology (603678.SS), Electric Connector Technology (300679.SZ), Hefei Meyer Optoelectronic Technology (002690.SZ), Xiamen Hengkun New Material Technology (688727.SS), Dongguan Dingtong Precision Metal (688668.SS).
Is Fulltech Fiber Glass expensive compared with its peers?
On forward p/e it trades at 21.6× against a peer median of 28.6×, 7th cheapest of 19 in its peer set.
How has Fulltech Fiber Glass stock performed?
Over six months to 6 Nov 2026 the shares returned +6.3% against -25.6% for the median peer; over one year +74.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.