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← CockpitCompetitor Analysis › 2484.TW Siward Crystal Technology Co., LtdOpen in the cockpit ↗

Siward Crystal Technology Co., Ltd2484.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Electronic Production Equipment
Momentum neutral 44
Mkt cap
$257M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$35.1M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-5.4 pp
WACC 9.5%
Hurdle
+34 pp
Req g minus delivered
Close · TWDNT$53.30
1D-6.0%
1W-24.5%
1M-38.3%
3M-23.8%
6M+25.3%
YTD+163.2%
1Y+128.8%
ATR %10.3%
52w lowhigh47.8% off high

What Siward Crystal Technology does

Employees: 721

Siward Crystal Technology at a glance

Size Siward Crystal Technology (2484.TW) is a Taiwan Information Technology company (Electronic Production Equipment) with a market value of $257M, the 686th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$53.30 on 6 Nov 2026.

Performance Over six months the shares gained 25.3%, against -16.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue fell 0.8% over the last twelve months (peer median +13.9%); the operating margin is 6.5% (peer median 5.5%).

Valuation It trades at 3.1× enterprise value to sales against a peer median of 1.6× (7th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 33% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +34 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 5.4 points below its cost of capital (9.5% WACC).

Relative performance

10015020011 May 202611 Aug 20266 Nov 20262484.TW 131Peer median 81
Six months, rebased to 100: Siward Crystal Technology against the median of its 20 peers (local-currency closes).

Siward Crystal Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$2.38BNT$2.41BNT$2.19BNT$2.36BNT$3.26B
Revenue growth—+10%-7%-28%—
Gross profitNT$447MNT$375MNT$382MNT$599MNT$1.20B
EBITDANT$380MNT$303MNT$312MNT$517MNT$1.06B
Net incomeNT$221MNT$104MNT$158MNT$261MNT$768M
Free cash flowNT$36.6MNT$14.9MNT$182MNT$406MNT$800M
Capital expenditureNT$208MNT$236MNT$66.4MNT$63.3MNT$241M
Total debtNT$217MNT$291MNT$242MNT$492MNT$860M

Quarterly statements and history in the cockpit →

Siward Crystal 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%-20%0%+20%-40%-20%677900471009812004510063878096078350690530061549165386BN207103005433004603701F3C36240021990027292484.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Siward Crystal Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×2×4×677900471009812004510063878096078350300615491653863005433004603701F3C36240021990027292484.TWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Siward Crystal Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%00471009812063876905BN23004603701F3C36240027292484.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. Siward Crystal Technology is the large dot.

Siward Crystal Technology competitors and peer comparison

How Siward Crystal 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.

Siward Crystal Technology against its 20 peers (data as of 6 Nov 2026)
Measure2484.TWPeer medianRank in peer set
1-month return-38.3%-23.6%4th lowest of 21
6-month return+25.3%-16.6%3rd highest of 21
Distance from 52-week high-47.8%-42.0%6th lowest of 21
Revenue growth (TTM)-0.8%+13.9%3rd lowest of 21
Operating margin6.5%5.5%9th highest of 21
EV / Sales3.1×1.6×7th most expensive of 20
Growth the price implies (Req g, 7 yrs)32.5%14.4%most demanding of 11
Growth delivered (Del g)-1.4%+6.5%3rd lowest of 11
Hurdle (Req g minus delivered)+33.9 pp+3.1 ppmost demanding of 11
ROIC minus cost of capital-5.4 pp-1.4 pp8th lowest of 20
EV / EBITDA19.5×9.8×2nd most expensive of 12
Net debt / EBITDA-3.1×-0.9×4th least indebted of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Siward Crystal Technology 2484.TWTaiwan$257M+25%-1%6%3.1×32.5%-1.4%
Nihon Dempa Kogyo 6779.TJapan$259M-2%+8%6%1.0×n/an/a
Hansol Technics 004710.KSSouth Korea$250M-13%0%1%0.3×19.2%+0.9%
Micro Contact Solution 098120.KSSouth Korea$247M+8%+39%23%2.6×7.6%+20.6%
Hanyang ENG 045100.KSSouth Korea$268M-29%+11%6%0.1×n/an/a
SAMCO 6387.TJapan$280M-53%+16%28%3.2×5.8%+13.4%
CoAsia Electronics 8096.TWOTaiwan$285M-35%+16%2%0.5×n/an/a
Hanyang Digitech 078350.KSSouth Korea$291M-13%+38%5%0.5×n/an/a
Cosel 6905.TJapan$297M-10%+17%1%0.7×30.1%-1.5%
XDC Industries (Shenzhen) 300615.SZChina$304M-21%+35%-12%3.5×n/an/a
PARPRO 4916.TWTaiwan$308M+28%+32%9%2.3×n/an/a
Albatron Technology 5386.TWOTaiwan$310M-35%+223%18%0.8×n/an/a
Valuetronics BN2.SISingapore$311M-17%-8%8%0.7×-12.4%-7.4%
BOE Varitronix 0710.HKHong Kong$321M-27%+3%2%n/an/an/a
Shenzhen Longood Intelligent Electronic 300543.SZChina$329M-26%+2%-1%1.2×n/an/a
Guangdong Faith Long Crystal Technology 300460.SZChina$339M-14%+11%-18%4.5×9.5%+7.2%
FIC Global 3701.TWTaiwan$341M-29%-28%-6%1.6×31.2%+5.8%
SFC Energy F3C.DEGermany$343M-16%+3%13%1.8×8.9%+21.9%
Viking Tech 3624.TWOTaiwan$344M+77%+14%12%3.4×30.5%+4.7%
Zhejiang East Crystal Electronic 002199.SZChina$352M-6%+202%-5%3.4×n/an/a
Hollyland (China) Electronics Technology 002729.SZChina$361M-32%+14%8%4.8×24.2%+20.2%

Questions

Which companies are Siward Crystal Technology's closest peers?
The cockpit's peer set: Nihon Dempa Kogyo (6779.T), Hansol Technics (004710.KS), Micro Contact Solution (098120.KS), Hanyang ENG (045100.KS), SAMCO (6387.T), CoAsia Electronics (8096.TWO), Hanyang Digitech (078350.KS), Cosel (6905.T).
Is Siward Crystal Technology expensive compared with its peers?
On ev / sales it trades at 3.1× against a peer median of 1.6×, 7th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 33% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +34 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 Siward Crystal Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +25.3% against -16.6% for the median peer; over one year +128.8%.

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.