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← CockpitCompetitor Analysis › 2231.TW CUB Elecparts, Inc.Open in the cockpit ↗

CUB Elecparts, Inc.2231.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Consumer Discretionary›Auto Parts: OEM
Momentum weak 28
Mkt cap
$319M
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$398,223
20-day average traded
Fwd P/E
17.6×
forward earnings
ROIC−WACC
-6.3 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
11 days
17 Nov 2026
Close · TWDNT$77.60
1D-3.6%
1W-10.4%
1M-15.8%
3M-17.6%
6M-34.2%
YTD-16.5%
1Y-31.9%
ATR %3.5%
52w lowhigh47.7% off high

What CUB Elecparts does

No business profile yet.

CUB Elecparts at a glance

Size CUB Elecparts (2231.TW) is a Taiwan Consumer Discretionary company (Auto Parts: OEM) with a market value of $319M, the 627th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$77.60 on 6 Nov 2026.

Performance Over six months the shares fell 34.2%, against -21.3% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue fell 20.6% over the last twelve months (peer median +2.0%); the operating margin is -4.7% (peer median 5.8%).

Valuation It trades at 17.6× forward earnings against a peer median of 13.5× (4th most expensive of 10).

Capital Return on invested capital runs 6.3 points below its cost of capital (5.0% WACC).

Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 782231.TW 67
Six months, rebased to 100: CUB Elecparts against the median of its 20 peers (local-currency closes).

CUB Elecparts financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$3.44BNT$3.65BNT$4.67BNT$4.40BNT$3.96B
Revenue growth—-22%+6%+11%—
Gross profitNT$892MNT$1.01BNT$1.37BNT$1.58BNT$1.50B
EBITDANT$97.5MNT$183MNT$587MNT$741MNT$715M
Net income-NT$125M-NT$224MNT$475MNT$451MNT$630M
Free cash flow-NT$715M-NT$851M-NT$350M-NT$1.21BNT$776M
Capital expenditureNT$697MNT$837MNT$363MNT$645MNT$394M
Total debtNT$5.18BNT$5.28BNT$4.89BNT$3.79BNT$3.21B

Quarterly statements and history in the cockpit →

CUB Elecparts 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

-40%-20%0%+20%-20%-15%-10%-5%CPSTWI301173603982KENDR5949600148301233300694300176728015637244UNIPARTS72454619001319DIVGIITTS1076402231.TW6-month return →1-month return →
Up and to the right = strong over both horizons. CUB Elecparts is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×250×500×750×CPSKENDR5949UNIPARTSDIVGIITTS1076402231.TWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CUB Elecparts is the large dot.

CUB Elecparts competitors and peer comparison

How CUB Elecparts 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.

CUB Elecparts against its 20 peers (data as of 6 Nov 2026)
Measure2231.TWPeer medianRank in peer set
1-month return-15.8%-13.1%6th lowest of 21
6-month return-34.2%-21.3%7th lowest of 21
Distance from 52-week high-47.7%-39.8%5th lowest of 21
Revenue growth (TTM)-20.6%+2.0%lowest of 21
Operating margin-4.7%5.8%2nd lowest of 21
Forward P/E17.6×13.5×4th most expensive of 10
ROIC minus cost of capital-6.3 pp-0.8 pp4th lowest of 21
Net debt / EBITDA42.9×1.2×most indebted of 14

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
CUB Elecparts 2231.TWTaiwan$319M-34%-21%-5%17.6×n/an/a
Cooper-Standard CPSUnited States$319M-42%+2%3%6.0×n/an/a
Titan International TWIUnited States$319M-38%-4%1%n/an/an/a
Shanghai Mobitech Technology 301173.SZChina$316M-36%-5%8%n/a-14.0%+4.1%
Nanjing Chervon Auto Precision Technology 603982.SSChina$315M-24%+4%-11%n/an/an/a
Kendrion KENDR.ASNetherlands$315M-14%-18%10%14.0×-0.3%-9.1%
Unipres 5949.TJapan$325M-7%+2%4%11.2×-14.1%+6.5%
Changchun Yidong Clutch 600148.SSChina$312M-23%+18%4%n/a27.7%-7.9%
Chengdu Shengbang Seals 301233.SZChina$310M-29%+1%17%n/a10.1%+10.0%
Wuxi Lihu 300694.SZChina$308M-26%-9%2%n/a9.5%+5.4%
GuangDong HongTeo Technology 300176.SZChina$305M-40%+1%-2%n/an/an/a
Mitsuba 7280.TJapan$333M+2%+3%7%n/a-16.1%+5.3%
SuperAlloy Industrial 1563.TWTaiwan$335M+60%+3%8%13.5×-0.1%+5.1%
Ichikoh Industries,Ltd 7244.TJapan$304M-2%+2%6%8.7×-7.1%+0.6%
Sungwoo Hitech 015750.KSSouth Korea$302M-42%+2%5%n/a-9.0%+8.1%
Uniparts India UNIPARTS.NSIndia$338M+26%+33%19%18.1×11.8%+5.4%
Daido Metal 7245.TJapan$300M+16%+5%6%9.0×1.2%+10.9%
Nihon Tokushu Toryo 4619.TJapan$346M+23%-4%7%n/a2.1%+5.2%
Winstech Precision 001319.SZChina$348M-19%+28%10%n/a0.1%+11.2%
Divgi TorqTransfer Systems DIVGIITTS.NSIndia$287M+22%+80%17%43.3×17.1%+14.0%
HanJung NCS 107640.KSSouth Korea$286M-37%+18%-1%834.3×n/an/a

Questions

Which companies are CUB Elecparts's closest peers?
The cockpit's peer set: Cooper-Standard (CPS), Titan International (TWI), Shanghai Mobitech Technology (301173.SZ), Nanjing Chervon Auto Precision Technology (603982.SS), Kendrion (KENDR.AS), Unipres (5949.T), Changchun Yidong Clutch (600148.SS), Chengdu Shengbang Seals (301233.SZ).
Is CUB Elecparts expensive compared with its peers?
On forward p/e it trades at 17.6× against a peer median of 13.5×, 4th most expensive of 10 in its peer set.
How has CUB Elecparts stock performed?
Over six months to 6 Nov 2026 the shares returned -34.2% against -21.3% for the median peer; over one year -31.9%.

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.