Employees: 622
Size Kedge Construction (2546.TW) is a Taiwan Industrials company (Engineering & Construction) with a market value of $433M, the 499th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$98.00 on 6 Nov 2026.
Performance Over six months the shares gained 15.0%, against -10.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 38.0% over the last twelve months (peer median -4.9%); the operating margin is 9.6% (peer median 6.1%).
Valuation It trades at 0.3× enterprise value to sales against a peer median of 1.7× (3rd cheapest of 21).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$23.5B | NT$21.5B | NT$14.2B | NT$14.3B | NT$14.2B |
| Revenue growth | — | +51% | 0% | +1% | — |
| Gross profit | NT$2.66B | NT$1.80B | NT$1.30B | NT$1.49B | NT$1.59B |
| EBITDA | NT$2.33B | NT$1.50B | NT$1.02B | NT$1.21B | NT$1.30B |
| Net income | NT$1.95B | NT$1.24B | NT$874M | NT$990M | NT$1.05B |
| Free cash flow | NT$2.62B | NT$2.02B | -NT$170M | NT$1.28B | NT$849M |
| Capital expenditure | NT$43.9M | NT$48.3M | NT$16.9M | NT$15.6M | NT$21.1M |
| Total debt | NT$558M | NT$567M | NT$427M | NT$383M | NT$845M |
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.
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 | 2546.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.5% | -6.2% | 10th lowest of 21 |
| 6-month return | +15.0% | -10.2% | 2nd highest of 20 |
| Distance from 52-week high | -18.3% | -30.3% | 6th highest of 21 |
| Revenue growth (TTM) | +38.0% | -4.9% | highest of 21 |
| Operating margin | 9.6% | 6.1% | 8th highest of 21 |
| EV / Sales | 0.3× | 1.7× | 3rd cheapest of 21 |
| EV / EBITDA | 3.2× | 8.7× | cheapest of 15 |
| Net debt / EBITDA | -2.9× | 0.9× | 2nd least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kedge Construction 2546.TW | Taiwan | $433M | +15% | +38% | 10% | 0.3× | n/a | n/a |
| TANSEISHA 9743.T | Japan | $432M | +1% | -7% | 6% | 0.5× | -6.0% | +9.1% |
| Anhui Transport Consulting & Design Institute 603357.SS | China | $436M | -31% | -39% | 12% | 1.3× | -7.3% | +5.7% |
| Amper AMP.MC | Spain | $437M | -8% | -37% | 7% | 2.2× | n/a | n/a |
| Symal SYL.AX | Australia | $439M | +2% | +28% | 4% | 0.7× | 14.7% | +17.9% |
| GE Power India GVPIL.NS | India | $427M | -10% | +19% | 23% | 3.1× | 17.8% | -17.6% |
| Zhengyuan Geomatics 688509.SS | China | $440M | -16% | -22% | -44% | 7.3× | 30.4% | -19.7% |
| Wee Hur E3B.SI | Singapore | $425M | -18% | +22% | 26% | 2.1× | -14.2% | +9.2% |
| Asanuma 1852.T | Japan | $425M | -9% | -4% | 5% | 0.3× | -17.6% | +4.8% |
| Global Dominion Access DOM.MC | Spain | $442M | -16% | -10% | 6% | 0.7× | -7.5% | +0.3% |
| Hanjia Digital Intelligence Science and Technology 300746.SZ | China | $452M | +7% | -2% | 0% | 3.4× | 47.6% | -10.5% |
| Tengda Construction 600512.SS | China | $452M | -21% | +32% | -3% | 0.2× | n/a | n/a |
| LCC Projects LCCPROJECT.NS | India | $414M | n/a | +23% | 12% | 1.2× | 8.6% | +43.2% |
| Zhongtongguomai Communication 603559.SS | China | $455M | -1% | +1% | -18% | 6.7× | n/a | n/a |
| Qilu Expressway 1576.HK | Hong Kong | $412M | -10% | -53% | 29% | 6.6× | 5.5% | +6.3% |
| Kawada Technologies 3443.T | Japan | $411M | -17% | -11% | 8% | 0.5× | -10.4% | -0.1% |
| Fujian Tendering 301136.SZ | China | $409M | -39% | -5% | -4% | 3.0× | n/a | n/a |
| Shanxi Installation 2520.HK | Hong Kong | $408M | +25% | -16% | 3% | 1.4× | n/a | n/a |
| Tomoe 1921.T | Japan | $408M | -5% | +3% | 14% | 2.1× | -2.9% | +8.5% |
| Polimex - Mostostal PXM.WA | Poland | $462M | -14% | +21% | 4% | 0.3× | 2.2% | +20.7% |
| Delpha Construction 2530.TW | Taiwan | $462M | -11% | -59% | 26% | 10.2× | n/a | n/a |