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Taiwanese factory-automation and optical-inspection equipment maker, affiliated with the Foxconn (Hon Hai) group.
Taiwanese factory-automation and optical-inspection equipment maker, affiliated with the Foxconn (Hon Hai) group.
Builds each inspection or assembly line to the buyer's process, so orders are lumpy and follow its customers' factory investment plans rather than steady consumer demand. Ties to the Foxconn group give it a steadier flow of orders than an independent supplier would have.
In one line: A smaller Taiwanese automated-inspection equipment maker.
Moat: narrow (process know-how, customer qualification). Deep integration with Foxconn's manufacturing lines gives a captive, qualified customer base.
Headquarters: Taipei, Taiwan · Employees: 957
Size Mirle Automation (2464.TW) is a Taiwan Information Technology company (Computer Peripherals) with a market value of $928M, the 280th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$135.00 on 6 Nov 2026.
Performance Over six months the shares gained 19.5%, against -22.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue fell 4.5% over the last twelve months (peer median +15.8%); the operating margin is 1.1% (peer median 3.4%).
Valuation It trades at 56.5× forward earnings against a peer median of 17.3× (2nd most expensive of 11).
Capital Return on invested capital runs 8.7 points below its cost of capital (9.7% WACC).
Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$7.36B | NT$6.69B | NT$7.48B | NT$8.74B | NT$10.8B |
| Revenue growth | — | -11% | -14% | -19% | — |
| Gross profit | NT$1.33B | NT$1.15B | NT$1.25B | NT$1.32B | NT$1.74B |
| EBITDA | NT$255M | NT$89.5M | NT$224M | NT$209M | NT$558M |
| Net income | NT$83.0M | -NT$172M | NT$103M | NT$175M | NT$515M |
| Free cash flow | NT$716M | NT$720M | NT$929M | -NT$740M | -NT$1.93B |
| Capital expenditure | NT$95.9M | NT$45.3M | NT$58.4M | NT$122M | NT$519M |
| Total debt | NT$1.95B | NT$2.37B | NT$2.40B | NT$3.49B | NT$3.14B |
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 |
|---|---|---|---|---|---|---|
| Mirle Automation 2464.TW | $928M | +19% | -4% | 1% | 56.5× | n/a |
| Test Research 3030.TW | $1.44B | -51% | +32% | 40% | n/a | -2.5% |
| MACHVISION 3563.TW | $1.08B | -36% | +17% | 37% | 26.2× | 7.5% |
| Chroma Ate 2360.TW | $15.4B | -46% | +101% | 39% | 18.5× | 19.3% |
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 | 2464.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -29.3% | -8.8% | 3rd lowest of 21 |
| 6-month return | +19.5% | -22.1% | 2nd highest of 21 |
| Distance from 52-week high | -39.7% | -39.6% | 11th highest of 21 |
| Revenue growth (TTM) | -4.5% | +15.8% | 4th lowest of 21 |
| Operating margin | 1.1% | 3.4% | 10th lowest of 21 |
| Forward P/E | 56.5× | 17.3× | 2nd most expensive of 11 |
| ROIC minus cost of capital | -8.7 pp | -0.5 pp | 4th lowest of 20 |
| Net debt / EBITDA | 1.4× | -1.1× | 2nd most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mirle Automation 2464.TW | Taiwan | $928M | +19% | -4% | 1% | 56.5× | n/a | n/a |
| Hitevision 002955.SZ | China | $928M | +2% | -2% | 3% | 15.4× | n/a | n/a |
| Beijing Certificate Authority 300579.SZ | China | $912M | -15% | -11% | -11% | n/a | 29.0% | -0.4% |
| Plover Bay Technologies 1523.HK | Hong Kong | $959M | -22% | +16% | 42% | 17.7× | 3.8% | +19.9% |
| Ai Holdings Corporation 3076.T | Japan | $885M | +10% | +28% | 13% | 16.9× | -6.9% | +13.0% |
| ShunSin Technology 6451.TW | Taiwan | $866M | -53% | +8% | 4% | n/a | n/a | n/a |
| Chengdu Galaxy Magnets 300127.SZ | China | $1.06B | -30% | +29% | 21% | 39.8× | 25.3% | +7.4% |
| Elecom 6750.T | Japan | $1.07B | +14% | +15% | 12% | 12.1× | -9.4% | +4.3% |
| Shandong New Beiyang Information Technology 002376.SZ | China | $794M | -9% | +21% | 0% | n/a | 23.8% | +3.1% |
| Global Brands Manufacture 6191.TW | Taiwan | $1.09B | -28% | +49% | 8% | 9.2× | n/a | n/a |
| Shenzhen Rapoo Technology 002577.SZ | China | $754M | +4% | +11% | -2% | n/a | n/a | n/a |
| Primax Electronics 4915.TW | Taiwan | $744M | -29% | +9% | 4% | 10.5× | n/a | n/a |
| Fujian Furi Electronics 600203.SS | China | $736M | -32% | +35% | 0% | n/a | n/a | n/a |
| FIH Mobile 2038.HK | Hong Kong | $1.24B | -51% | +17% | 1% | n/a | -11.2% | -5.6% |
| Urovo Technology 300531.SZ | China | $693M | -23% | +33% | 8% | 22.8× | n/a | n/a |
| Muhlbauer Holding AG & Co. KGaA MUB.DE | Germany | $684M | +9% | +2% | 7% | n/a | -4.9% | +11.4% |
| Hua Ying Technology (Group) 000536.SZ | China | $1.27B | -23% | -13% | -54% | n/a | 47.9% | -8.6% |
| Shenzhen Minde Electronics Technology 300656.SZ | China | $681M | -13% | -14% | -60% | n/a | n/a | n/a |
| Shenzhen Chengtian Weiye Technology Co 300689.SZ | China | $679M | -27% | +19% | 0% | n/a | n/a | n/a |
| NSFOCUS Technologies 300369.SZ | China | $1.29B | +45% | +8% | -4% | 266.0× | 38.1% | +4.9% |
| TES Touch Embedded Solutions (Xiamen) 003019.SZ | China | $668M | -28% | +24% | 8% | 20.7× | n/a | n/a |