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Taiwanese textile manufacturer and flagship industrial arm of the Ruentex conglomerate.
Taiwanese textile manufacturer and flagship industrial arm of the Ruentex conglomerate.
Moat: none (scale). Commoditized textile manufacturing; scale within Taiwan but limited global pricing power.
Headquarters: Taipei, Taiwan
Size Ruentex Industries (2915.TW) is a Taiwan Consumer Discretionary company (Textiles) with a market value of $1.72B, the 185th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$53.40 on 6 Nov 2026.
Performance Over six months the shares gained 23.5%, against -9.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 24.8% over the last twelve months (peer median +5.4%); the operating margin is 9.5% (peer median 9.4%).
Valuation It trades at 6.9× forward earnings against a peer median of 14.9× (cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 48% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +51 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 4.9 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$2.13B | NT$2.42B | NT$2.89B | NT$2.68B | NT$2.87B |
| Revenue growth | — | -16% | +8% | -7% | — |
| Gross profit | NT$1.05B | NT$1.03B | NT$1.10B | NT$935M | NT$978M |
| EBITDA | NT$305M | NT$260M | NT$308M | NT$167M | NT$161M |
| Net income | NT$14.9B | NT$9.70B | NT$13.6B | NT$7.50B | NT$12.2B |
| Free cash flow | NT$1.36B | NT$1.61B | NT$1.04B | NT$29.7M | NT$2.04B |
| Capital expenditure | NT$19.8M | NT$25.3M | NT$30.7M | NT$19.2M | NT$22.2M |
| Total debt | NT$10.0B | NT$10.3B | NT$9.62B | NT$15.2B | NT$16.4B |
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 |
|---|---|---|---|---|---|---|
| Ruentex Industries 2915.TW | $1.72B | +23% | -25% | 10% | 6.9× | 48.3% |
| Far Eastern New Century 1402.TW | $4.49B | +8% | 0% | 6% | 11.8× | 5.3% |
| Eclat Textile 1476.TW | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% |
| Makalot Industrial 1477.TW | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% |
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 | 2915.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.2% | -8.6% | 9th highest of 21 |
| 6-month return | +23.5% | -9.6% | 4th highest of 21 |
| Distance from 52-week high | -14.6% | -23.5% | 6th highest of 21 |
| Revenue growth (TTM) | -24.8% | +5.4% | lowest of 21 |
| Operating margin | 9.5% | 9.4% | 11th highest of 21 |
| Forward P/E | 6.9× | 14.9× | cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 48.3% | 1.0% | 2nd most demanding of 18 |
| Growth delivered (Del g) | -2.4% | +4.1% | 3rd lowest of 18 |
| Hurdle (Req g minus delivered) | +50.7 pp | +2.9 pp | most demanding of 18 |
| ROIC minus cost of capital | -4.9 pp | +1.2 pp | 5th lowest of 21 |
| Net debt / EBITDA | 19.0× | 1.3× | most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ruentex Industries 2915.TW | Taiwan | $1.72B | +23% | -25% | 10% | 6.9× | 48.3% | -2.4% |
| Tangshan Sanyou Chemical Industries 600409.SS | China | $1.72B | -28% | +1% | 1% | 24.0× | 4.5% | +1.3% |
| Bros Eastern 601339.SS | China | $1.72B | -16% | +11% | 11% | 11.8× | -8.3% | +5.2% |
| North Chemical Industries 002246.SZ | China | $1.80B | -10% | +17% | 15% | 28.4× | 8.3% | +3.0% |
| Albany International AIN | United States | $1.91B | +8% | +14% | 13% | 22.5× | 8.5% | +5.6% |
| Luolai Lifestyle Technology 002293.SZ | China | $1.55B | +10% | +6% | 14% | 16.4× | -2.6% | -0.2% |
| OC Oerlikon OERL.SW | Switzerland | $1.99B | +41% | -21% | 8% | 15.8× | 1.0% | -7.0% |
| Billion Industrial 2299.HK | Hong Kong | $1.48B | +136% | +13% | 6% | n/a | -8.7% | +15.6% |
| Xinxiang Chemical Fiber 000949.SZ | China | $1.46B | -27% | +19% | 8% | 12.5× | -3.3% | +12.2% |
| Coats COA.L | United Kingdom | $2.14B | +2% | +5% | 15% | 11.2× | 11.6% | +4.1% |
| HMT (Xiamen) New Technical Materials 603306.SS | China | $2.18B | -56% | -1% | 0% | 57.4× | 50.6% | +21.4% |
| Sunvim 002083.SZ | China | $1.16B | -20% | +19% | 17% | 9.8× | -12.1% | +3.3% |
| Kurabo Industries 3106.T | Japan | $1.10B | +33% | -3% | 7% | n/a | 8.2% | +3.3% |
| Zhejiang Taihua New Material 603055.SS | China | $1.09B | -9% | +3% | 10% | 10.2× | -5.0% | +20.7% |
| Shanghai Haixin 600851.SS | China | $1.08B | +4% | -15% | 7% | n/a | n/a | n/a |
| Seiren 3569.T | Japan | $1.07B | -1% | +12% | 12% | 10.7× | -4.9% | +11.7% |
| Huafon Microfibre (Shanghai) 300180.SZ | China | $1.06B | -24% | -6% | -1% | n/a | 16.2% | +4.4% |
| Nitto Boseki 3110.T | Japan | $2.85B | -58% | +12% | 20% | 19.3× | n/a | n/a |
| Nanjing Chemical Fibre 600889.SS | China | $1.03B | -24% | +115% | 5% | n/a | 35.4% | -3.9% |
| Zhejiang Hangmin 600987.SS | China | $1.02B | -6% | -23% | 8% | n/a | n/a | n/a |
| Shenzhen Fuanna Bedding & Furnishing 002327.SZ | China | $951M | -26% | -5% | 12% | 14.0× | -1.3% | -2.1% |