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← CockpitCompetitor Analysis › 2034.TW YC Inox Co.,LtdOpen in the cockpit ↗

YC Inox Co.,Ltd2034.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Materials›Steel
Momentum leader 84
Mkt cap
$344M
US dollars, full cap
Free float
84%
of shares outstanding
$/day
$1.81M
20-day average traded
Fwd P/E
32.6×
forward earnings
ROIC−WACC
-3.8 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · TWDNT$21.50
1D-2.3%
1W-7.1%
1M-8.5%
3M+15.6%
6M+3.6%
YTD+0.5%
1Y+8.6%
ATR %3.9%
52w lowhigh14.0% off high

What YC Inox does

Employees: 909

YC Inox at a glance

Size YC Inox (2034.TW) is a Taiwan Materials company (Steel) with a market value of $344M, the 597th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$21.50 on 6 Nov 2026.

Performance Over six months the shares gained 3.6%, against -3.0% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue fell 20.0% over the last twelve months (peer median +8.9%); the operating margin is 2.7% (peer median 2.7%).

Valuation It trades at 32.6× forward earnings against a peer median of 22.5× (4th most expensive of 12).

Capital Return on invested capital runs 3.8 points below its cost of capital (5.0% WACC).

Relative performance

9010011011 May 202611 Aug 20266 Nov 20262034.TW 100Peer median 98
Six months, rebased to 100: YC Inox against the median of its 20 peers (local-currency closes).

YC Inox financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$11.9BNT$12.5BNT$14.5BNT$15.2BNT$16.8B
Revenue growth—-14%-5%-10%—
Gross profitNT$1.08BNT$1.02BNT$1.68BNT$1.05BNT$2.14B
EBITDANT$938MNT$760MNT$1.02BNT$699MNT$1.28B
Net incomeNT$221MNT$108M-NT$103M-NT$170MNT$518M
Free cash flow-NT$927M-NT$651M-NT$2.02B-NT$271MNT$210M
Capital expenditureNT$612MNT$964MNT$1.80BNT$1.22BNT$1.37B
Total debtNT$12.9BNT$11.1BNT$10.0BNT$8.31BNT$7.65B

Quarterly statements and history in the cockpit →

YC Inox 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

-50%0%+50%+100%-20%0%+20%+40%0586505461016380TUBCOCKERILL603878RATNAVEERVSSLWELSPLSOLJTLINDVENUSPIPESKIRLOSINDSTEELCASKSL1047000030302034.TW6-month return →1-month return →
Up and to the right = strong over both horizons. YC Inox is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%0×25×50×75×016380TUB603878RATNAVEERVSSLWELSPLSOLJTLINDVENUSPIPESKIRLOSIND4608606030282034.TWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. YC Inox is the large dot.

YC Inox competitors and peer comparison

How YC Inox 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.

YC Inox against its 20 peers (data as of 6 Nov 2026)
Measure2034.TWPeer medianRank in peer set
1-month return-8.5%-6.4%9th lowest of 21
6-month return+3.6%-3.0%8th highest of 20
Distance from 52-week high-14.0%-25.2%4th highest of 21
Revenue growth (TTM)-20.0%+8.9%2nd lowest of 20
Operating margin2.7%2.7%9th lowest of 20
Forward P/E32.6×22.5×4th most expensive of 12
ROIC minus cost of capital-3.8 pp-4.9 pp9th highest of 19
EV / EBITDA24.7×15.6×2nd most expensive of 10
Net debt / EBITDA12.6×-0.4×most indebted of 13

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
YC Inox 2034.TWTaiwan$344M+4%-20%3%32.6×n/an/a
SeAH 058650.KSSouth Korea$346M-27%+16%4%n/an/an/a
Chubu Steel Plate 5461.TJapan$353M-3%+19%0%n/an/an/a
Kg Dongbusteel 016380.KSSouth Korea$354M-32%+6%2%3.6×-14.9%+6.4%
Tubacex TUB.MCSpain$358M-6%-7%-2%76.4×15.7%+9.3%
John Cockerill India COCKERILL.NSIndia$358M+23%+174%-1%n/a21.5%+0.4%
Jiangsu Wujin Stainless Steel Pipe 603878.SSChina$360M-46%-9%-4%22.5×6.6%-0.6%
Ratnaveer Precision Engineering RATNAVEER.NSIndia$325M+106%+21%8%19.9×n/an/a
A-One Steels India AONESTEELS.NSIndia$323Mn/an/an/an/an/an/a
Vardhman Special Steels VSSL.NSIndia$371M+31%+15%11%25.5×n/an/a
Welspun Specialty Solutions WELSPLSOL.NSIndia$316M+5%+5%3%20.7×n/an/a
JTL Industries JTLIND.NSIndia$314M-8%+16%7%19.2×n/an/a
Venus Pipes & Tubes VENUSPIPES.NSIndia$377M+21%+22%14%25.9×n/an/a
Kirloskar Industries KIRLOSIND.NSIndia$381M+2%+4%8%73.3×3.2%+27.5%
DONGKUK STEEL MILL 460860.KSSouth Korea$308M-45%+12%3%8.5×n/an/a
Steelcast STEELCAS.NSIndia$387M+23%+9%24%n/a30.2%+22.2%
Kalyani Steels KSL.NSIndia$392M-5%-5%17%n/a19.1%+9.4%
Kisco 104700.KSSouth Korea$302M+22%+2%-9%n/an/an/a
SeAH Steel 003030.KSSouth Korea$298M-58%+11%2%n/an/an/a
Tokyo Tekko 5445.TJapan$296M+3%-2%14%n/an/an/a
Jiangsu Safety 603028.SSChina$290M-22%-45%-17%84.8×n/an/a

Questions

Which companies are YC Inox's closest peers?
The cockpit's peer set: SeAH (058650.KS), Chubu Steel Plate (5461.T), Kg Dongbusteel (016380.KS), Tubacex (TUB.MC), John Cockerill India (COCKERILL.NS), Jiangsu Wujin Stainless Steel Pipe (603878.SS), Ratnaveer Precision Engineering (RATNAVEER.NS), A-One Steels India (AONESTEELS.NS).
Is YC Inox expensive compared with its peers?
On forward p/e it trades at 32.6× against a peer median of 22.5×, 4th most expensive of 12 in its peer set.
How has YC Inox stock performed?
Over six months to 6 Nov 2026 the shares returned +3.6% against -3.0% for the median peer; over one year +8.6%.

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.