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← CockpitCompetitor Analysis › 2478.TW Ta-I Technology Co. Ltd.Open in the cockpit ↗

Ta-I Technology Co. Ltd.2478.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Electronic Components
Momentum neutral 41
Mkt cap
$388M
US dollars, full cap
Free float
86%
of shares outstanding
$/day
$33.8M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-0.2 pp
WACC 10.0%
Hurdle
+13 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · TWDNT$89.40
1D-6.6%
1W-18.0%
1M-29.3%
3M-26.4%
6M+15.9%
YTD+56.3%
1Y+47.5%
ATR %10.1%
52w lowhigh65.2% off high

What Ta-I Technology does

Employees: 1,584

Ta-I Technology at a glance

Size Ta-I Technology (2478.TW) is a Taiwan Information Technology company (Electronic Components) with a market value of $388M, the 535th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$89.40 on 6 Nov 2026.

Performance Over six months the shares gained 15.9%, against -23.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 8.0% over the last twelve months (peer median +13.9%); the operating margin is 14.1% (peer median 6.1%).

Valuation It trades at 2.1× enterprise value to sales against a peer median of 2.1× (11th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +13 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 0.2 points below its cost of capital (10.0% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

10020030011 May 202611 Aug 20266 Nov 20262478.TW 117Peer median 77
Six months, rebased to 100: Ta-I Technology against the median of its 20 peers (local-currency closes).

Ta-I Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$5.84BNT$5.42BNT$5.03BNT$4.59BNT$5.02B
Revenue growth—+8%+9%-9%—
Gross profitNT$1.45BNT$1.20BNT$891MNT$909MNT$1.11B
EBITDANT$1.28BNT$1.11BNT$923MNT$1.05BNT$1.13B
Net incomeNT$694MNT$494MNT$454MNT$370MNT$623M
Free cash flowNT$4.29MNT$221MNT$456MNT$395MNT$541M
Capital expenditureNT$650MNT$717MNT$526MNT$910MNT$549M
Total debtNT$1.18BNT$1.35BNT$1.29BNT$1.58BNT$1.38B

Quarterly statements and history in the cockpit →

Ta-I 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

-50%-25%0%+25%+50%-40%-20%0%MEI6036331263403055301329000670025540130030003264498155688391492762096908TTG4771PACT35263010412478.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Ta-I Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%0×2×4×6×MEI60363312634030553013290006700255401300300032644981556883914927620969084771PACT35263010412478.TWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ta-I Technology is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%0%20%00067013003000326883916908TTGPACT35263010412478.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. Ta-I Technology is the large dot.

Ta-I Technology competitors and peer comparison

How Ta-I 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.

Ta-I Technology against its 20 peers (data as of 6 Nov 2026)
Measure2478.TWPeer medianRank in peer set
1-month return-29.3%-18.1%6th lowest of 21
6-month return+15.9%-23.1%3rd highest of 21
Distance from 52-week high-65.2%-47.4%3rd lowest of 21
Revenue growth (TTM)+8.0%+13.9%10th lowest of 21
Operating margin14.1%6.1%4th highest of 21
EV / Sales2.1×2.1×11th cheapest of 21
Growth the price implies (Req g, 7 yrs)13.2%-5.8%2nd most demanding of 10
Growth delivered (Del g)+0.1%+3.9%4th lowest of 10
Hurdle (Req g minus delivered)+13.0 pp-10.6 pp3rd most demanding of 10
ROIC minus cost of capital-0.2 pp-0.9 pp10th highest of 21
EV / EBITDA9.5×8.6×6th most expensive of 14
Net debt / EBITDA-0.6×0.7×5th least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Ta-I Technology 2478.TWTaiwan$388M+16%+8%14%2.1×13.2%+0.1%
Methode Electronics MEIUnited States$384M+12%+1%1%0.6×n/an/a
Shanghai Laimu Electronics 603633.SSChina$394M-26%+2%-12%2.6×n/an/a
Vinatech Co 126340.KSSouth Korea$395M-56%+66%2%6.0×n/an/a
Spirox 3055.TWTaiwan$377M+47%+4%-55%27.7×n/an/a
Singatron Electronic (China) 301329.SZChina$372M-35%+37%5%1.7×n/an/a
Youngpoong 000670.KSSouth Korea$406M-54%+40%-2%0.3×-14.5%-1.8%
Korea Electric Terminal 025540.KSSouth Korea$369M-45%-4%8%0.2×n/an/a
Trigiant 1300.HKHong Kong$368M-1%+26%12%1.1×-13.0%-2.4%
Jinlong Machinery & Electronic 300032.SZChina$411M-35%-18%-4%2.0×12.4%-2.0%
APAQ Technology 6449.TWTaiwan$414M-13%+23%18%3.0×n/an/a
Allied Circuit 8155.TWOTaiwan$416M-52%+33%14%2.2×n/an/a
Hi-Trend Technology (Shanghai) 688391.SSChina$418M-23%+4%-4%2.6×4.9%+7.3%
Apex International 4927.TWTaiwan$359M-24%-10%-22%1.8×n/an/a
Kinko Optical 6209.TWTaiwan$359M-5%+67%11%2.6×n/an/a
IRISO Electronics 6908.TJapan$359M-28%+10%9%0.6×-7.6%+11.1%
TT Electronics TTG.LUnited Kingdom$419M+50%-3%7%0.8×9.9%+2.2%
Vizionfocus 4771.TWTaiwan$355M+8%+26%29%3.2×n/an/a
Proact IT PACT.STSweden$354M+8%+4%7%0.7×-5.8%+5.2%
Alltop Technology 3526.TWOTaiwan$428M-40%+19%31%2.8×-7.5%+12.9%
Shenzhen King Brother Electronics Technology 301041.SZChina$430M-10%+18%5%3.1×22.5%+3.9%

Questions

Which companies are Ta-I Technology's closest peers?
The cockpit's peer set: Methode Electronics (MEI), Shanghai Laimu Electronics (603633.SS), Vinatech Co (126340.KS), Spirox (3055.TW), Singatron Electronic (China) (301329.SZ), Youngpoong (000670.KS), Korea Electric Terminal (025540.KS), Trigiant (1300.HK).
Is Ta-I Technology expensive compared with its peers?
On ev / sales it trades at 2.1× against a peer median of 2.1×, 11th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +13 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 Ta-I Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +15.9% against -23.1% for the median peer; over one year +47.5%.

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.