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← CockpitCompetitor Analysis › 2359.TW Solomon Technology Corp.Open in the cockpit ↗

Solomon Technology Corp.2359.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Electronic Production Equipment
Momentum laggard 18
Mkt cap
$483M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$5.47M
20-day average traded
Fwd P/E
66.0×
forward earnings
ROIC−WACC
-6.8 pp
WACC 7.2%
Hurdle
+54 pp
Req g minus delivered
Next earnings
10 days
16 Nov 2026
Close · TWDNT$93.10
1D-6.3%
1W-18.0%
1M-26.7%
3M-29.5%
6M-25.2%
YTD-25.8%
1Y-30.8%
ATR %6.0%
52w lowhigh49.1% off high

What Solomon Technology does

No business profile yet.

Solomon Technology at a glance

Size Solomon Technology (2359.TW) is a Taiwan Information Technology company (Electronic Production Equipment) with a market value of $483M, the 455th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$93.10 on 6 Nov 2026.

Performance Over six months the shares fell 25.2%, against -26.4% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 2.6% over the last twelve months (peer median +8.8%); the operating margin is 0.4% (peer median -0.6%).

Valuation It trades at 66.0× forward earnings against a peer median of 14.5× (2nd most expensive of 9).

Price implies For today's price to make sense, revenue must grow about 58% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +54 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.8 points below its cost of capital (7.2% WACC).

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

Relative performance

7510012515011 May 202611 Aug 20266 Nov 20262359.TW 77Peer median 73
Six months, rebased to 100: Solomon Technology against the median of its 20 peers (local-currency closes).

Solomon Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$4.32BNT$4.25BNT$3.50BNT$4.22BNT$5.25B
Revenue growth—+21%-17%-20%—
Gross profitNT$956MNT$963MNT$791MNT$969MNT$1.08B
EBITDANT$90.5MNT$138MNT$11.9MNT$204MNT$335M
Net incomeNT$1.15BNT$211MNT$144MNT$532MNT$458M
Free cash flowNT$419MNT$289MNT$563M-NT$35.6MNT$1.05B
Capital expenditureNT$45.7MNT$55.2MNT$34.3MNT$34.1MNT$60.3M
Total debtNT$925MNT$863MNT$969MNT$895MNT$1.04B

Quarterly statements and history in the cockpit →

Solomon Technology 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%-30%-20%-10%-30%-20%-10%66640325002488KE05619024933008756885956719NOTE00284530068630096860521800236933576886820029083005820029522359.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Solomon Technology is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%0×50×100×150×6664KE0561906885956719NOTE33576886822359.TWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Solomon Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%25%50%66642488KE05619024933008756719NOTE33576886820029080029522359.TWGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Solomon Technology is the large dot.

Solomon Technology competitors and peer comparison

How Solomon Technology 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.

Solomon Technology against its 20 peers (data as of 6 Nov 2026)
Measure2359.TWPeer medianRank in peer set
1-month return-26.7%-14.3%5th lowest of 21
6-month return-25.2%-26.4%10th highest of 21
Distance from 52-week high-49.1%-47.6%8th lowest of 21
Revenue growth (TTM)+2.6%+8.8%9th lowest of 21
Operating margin0.4%-0.6%11th highest of 21
Forward P/E66.0×14.5×2nd most expensive of 9
Growth the price implies (Req g, 7 yrs)58.1%5.5%most demanding of 13
Growth delivered (Del g)+3.8%+6.7%6th lowest of 13
Hurdle (Req g minus delivered)+54.3 pp+0.6 ppmost demanding of 13
ROIC minus cost of capital-6.8 pp-7.0 pp11th highest of 21
Net debt / EBITDA-47.5×-1.5×least indebted of 10

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
Solomon Technology 2359.TWTaiwan$483M-25%+3%0%66.0×58.1%+3.8%
Group Up Industrial 6664.TWOTaiwan$483M-44%+11%34%13.7×3.9%+9.8%
KMW 032500.KSSouth Korea$488M-47%-9%-26%n/an/an/a
Launch Tech 2488.HKHong Kong$466M-29%+22%16%n/a-12.1%+13.8%
Kimball Electronics KEUnited States$462M-26%-4%4%12.1×4.0%+2.1%
SFA Engineering 056190.KSSouth Korea$505M-23%-12%5%10.3×-5.4%+1.0%
AMPOC Far-East 2493.TWTaiwan$510M-2%+6%17%n/a7.0%+7.7%
Tianjin Jieqiang Power Equipment 300875.SZChina$451M-23%+143%-28%n/a27.9%+3.5%
Chipsea Technologies Shenzhen 688595.SSChina$521M-30%+12%-16%45.1×n/an/a
uPI Semiconductor 6719.TWTaiwan$522M-14%+8%16%20.2×-6.0%+1.8%
Note NOTE.STSweden$445M-12%+9%9%15.3×0.0%+15.3%
Shenzhen Txd Technology 002845.SZChina$535M-18%-3%1%n/an/an/a
Shenzhen CDL Precision Technology 300686.SZChina$535M-23%-7%-14%n/an/an/a
Guangdong Green Precision Components 300968.SZChina$538M-26%+15%-10%n/an/an/a
Ways Electron 605218.SSChina$431M-30%+20%-2%n/an/an/a
Shenzhen Zowee Tech 002369.SZChina$431M-30%-8%-15%n/an/an/a
TAI-TECH Advanced Electronics 3357.TWOTaiwan$546M-11%+20%15%11.5×13.6%+8.1%
Shanghai Hollywave Electronic System 688682.SSChina$426M-42%+29%-12%154.8×17.3%+5.7%
Guangdong Tecsun Science & Technology 002908.SZChina$425M-22%-14%-11%n/a28.9%-0.1%
Inventronics (Hangzhou) 300582.SZChina$424M-35%-4%-20%n/an/an/a
Yes Optoelectronics (Group) 002952.SZChina$423M-38%+14%3%n/a21.7%+14.8%

Questions

Which companies are Solomon Technology's closest peers?
The cockpit's peer set: Group Up Industrial (6664.TWO), KMW (032500.KS), Launch Tech (2488.HK), Kimball Electronics (KE), SFA Engineering (056190.KS), AMPOC Far-East (2493.TW), Tianjin Jieqiang Power Equipment (300875.SZ), Chipsea Technologies Shenzhen (688595.SS).
Is Solomon Technology expensive compared with its peers?
On forward p/e it trades at 66.0× against a peer median of 14.5×, 2nd most expensive of 9 in its peer set. For today's price to make sense, revenue must grow about 58% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +54 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Solomon Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -25.2% against -26.4% for the median peer; over one year -30.8%.

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.