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Fabless designer of touchpad, touchscreen and human-interface controller chips for laptops and consumer devices.
Fabless designer of touchpad, touchscreen and human-interface controller chips for laptops and consumer devices.
Designs chips and relies on outside foundries for manufacturing, selling them to notebook makers that design its touchpad controllers into laptop models, so sales follow notebook shipments and which models it wins. Touch controllers extend the same business to tablets and touch panels.
Moat: narrow (IP / patents, customer qualification). Long-standing touch-controller design wins embedded in notebook reference designs.
Headquarters: Hsinchu, Taiwan · Founded: 1994
Size ELAN Microelectronics (2458.TW) is a Taiwan Information Technology company (Semiconductors) with a market value of $996M, the 271st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$115.50 on 6 Nov 2026.
Performance Over six months the shares fell 17.8%, against -26.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 7.9% over the last twelve months (peer median +8.1%); the operating margin is 21.1% (peer median 1.7%).
Valuation It trades at 19.1× forward earnings against a peer median of 34.2× (4th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is +1 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 13.5 points above its cost of capital (5.3% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$11.5B | NT$12.3B | NT$12.7B | NT$12.1B | NT$13.0B |
| Revenue growth | — | -3% | +5% | -7% | — |
| Gross profit | NT$5.50B | NT$5.75B | NT$5.95B | NT$5.14B | NT$5.73B |
| EBITDA | n/a | NT$3.28B | NT$3.38B | NT$2.80B | NT$3.11B |
| Net income | NT$2.46B | NT$2.44B | NT$2.74B | NT$2.14B | NT$2.15B |
| Free cash flow | n/a | NT$1.04B | NT$2.07B | NT$3.54B | NT$711M |
| Capital expenditure | n/a | NT$1.76B | NT$1.43B | NT$1.05B | NT$260M |
| Total debt | n/a | NT$1.94B | NT$1.32B | NT$1.23B | NT$855M |
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 |
|---|---|---|---|---|---|---|
| ELAN Microelectronics 2458.TW | $996M | -18% | -8% | 21% | 19.1× | -2.8% |
| Synaptics SYNA | $4.63B | -7% | +11% | -3% | 21.6× | 34.6% |
| Chipsea Technologies Shenzhen 688595.SS | $521M | -30% | +12% | -16% | 45.1× | n/a |
| Shenzhen Goodix Technology 603160.SS | $4.35B | -2% | -7% | 6% | 51.0× | 26.7% |
| Himax Technologies HIMX | $1.45B | -51% | -8% | 5% | 19.1× | 30.3% |
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 | 2458.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.8% | -17.5% | 8th highest of 21 |
| 6-month return | -17.8% | -26.5% | 8th highest of 21 |
| Distance from 52-week high | -41.2% | -50.7% | 4th highest of 21 |
| Revenue growth (TTM) | -7.9% | +8.1% | 7th lowest of 21 |
| Operating margin | 21.1% | 1.7% | highest of 21 |
| Forward P/E | 19.1× | 34.2× | 4th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -2.8% | 31.1% | 2nd least demanding of 12 |
| Growth delivered (Del g) | -4.0% | +8.2% | 3rd lowest of 12 |
| Hurdle (Req g minus delivered) | +1.1 pp | +15.3 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +13.5 pp | -4.9 pp | 3rd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ELAN Microelectronics 2458.TW | Taiwan | $996M | -18% | -8% | 21% | 19.1× | -2.8% | -4.0% |
| Suzhou Oriental Semiconductor 688261.SS | China | $994M | -27% | +18% | 0% | 38.3× | n/a | n/a |
| Guangdong Leadyo IC Testing 688135.SS | China | $990M | -23% | +28% | 6% | 236.1× | n/a | n/a |
| Koh Young Technology 098460.KS | South Korea | $987M | -49% | +57% | 15% | 25.1× | 20.5% | +5.3% |
| Hannstar Display 6116.TW | Taiwan | $1.01B | +43% | +4% | -25% | 18.4× | 14.9% | -10.2% |
| Hengbao 002104.SZ | China | $977M | -35% | -17% | -9% | n/a | n/a | n/a |
| Shanghai Prisemi Electronics 688230.SS | China | $970M | -23% | +31% | 19% | n/a | 31.1% | +1.3% |
| Foshan Electrical and Lighting 000541.SZ | China | $967M | -8% | -3% | -2% | 22.5× | n/a | n/a |
| Jiangsu Zongyi 600770.SS | China | $961M | -35% | +64% | -4% | n/a | 43.6% | +4.7% |
| Wuxi DK Electronic Materials 300842.SZ | China | $1.03B | -48% | +36% | 4% | 34.2× | n/a | n/a |
| Shanghai Fortune Techgroup 300493.SZ | China | $1.04B | -15% | +3% | 3% | 59.6× | 35.9% | +15.8% |
| Beijing OnMicro Electronics 688790.SS | China | $1.04B | -51% | -10% | -16% | n/a | 41.4% | +26.8% |
| Dioo Microcircuits Co., Ltd. Jiangsu 688381.SS | China | $948M | -15% | -18% | -46% | n/a | n/a | n/a |
| Beijing Jingyuntong Technology 601908.SS | China | $1.05B | -26% | -32% | -49% | n/a | -5.1% | -5.1% |
| Telink Semiconductor (Shanghai) 688591.SS | China | $1.05B | -15% | +7% | 4% | 82.2× | n/a | n/a |
| Guizhou Zhenhua Fengguang Semiconductor 688439.SS | China | $1.05B | -28% | -39% | 4% | 14.9× | 18.6% | +16.1% |
| GCS 4991.TWO | Taiwan | $1.06B | -61% | +52% | 20% | 37.8× | 39.2% | +8.2% |
| Ambiq Micro AMBQ | United States | $933M | -13% | +32% | -43% | n/a | n/a | n/a |
| Scientech 3583.TW | Taiwan | $1.07B | -46% | +9% | 14% | 16.0× | 10.4% | +26.0% |
| Semitronix 301095.SZ | China | $1.07B | -35% | +29% | 0% | 59.8× | 58.0% | +42.7% |
| Focus Lightings Tech 300708.SZ | China | $1.07B | -14% | -38% | 9% | 28.6× | n/a | n/a |