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ASIC/SoC design-services company providing chip design and silicon IP; began as a spin-off of chipmaker UMC.
ASIC/SoC design-services company providing chip design and silicon IP; began as a spin-off of chipmaker UMC.
Is paid in three ways: project fees for designing a chip, licence fees on its pre-built circuit blocks (silicon IP), and revenue from managing chip production at a foundry for the customer. It began in 1993 as a spin-off from UMC, the Taiwan chipmaker, whose manufacturing processes much of its IP is built for.
Moat: narrow (IP / patents, process know-how, customer qualification). Large library of silicon IP and close foundry ties (UMC especially) shorten customers' custom-chip design cycles.
Headquarters: Hsinchu, Taiwan · Founded: 1993
Size Faraday Technology (3035.TW) is a Taiwan Information Technology company (Semiconductors) with a market value of $1.26B, the 231st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$160.50 on 6 Nov 2026.
Performance Over six months the shares fell 9.3%, against -27.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 6th highest of 20 in its peer set.
Growth Revenue fell 31.8% over the last twelve months (peer median +13.6%); the operating margin is 5.3% (peer median 8.8%).
Valuation It trades at 29.6× forward earnings against a peer median of 22.8× (4th most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 25% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -2 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.1 points below its cost of capital (8.9% WACC).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$12.4B | NT$18.0B | NT$11.1B | NT$12.0B | NT$13.1B |
| Revenue growth | — | +63% | -8% | -8% | — |
| Gross profit | NT$4.53B | NT$3.96B | NT$4.27B | NT$4.82B | NT$5.90B |
| EBITDA | NT$1.62B | NT$1.48B | NT$1.88B | NT$2.46B | NT$3.39B |
| Net income | NT$789M | NT$731M | NT$1.04B | NT$1.59B | NT$2.45B |
| Free cash flow | NT$1.82B | NT$768M | NT$2.75B | NT$2.96B | NT$1.11B |
| Capital expenditure | NT$819M | NT$663M | NT$1.02B | NT$666M | NT$497M |
| Total debt | NT$354M | NT$326M | NT$363M | NT$324M | NT$396M |
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 |
|---|---|---|---|---|---|---|
| Faraday Technology 3035.TW | $1.26B | -9% | -32% | 5% | 29.6× | 25.2% |
| Global Unichip 3443.TW | $25.1B | +29% | +104% | 13% | 50.1× | n/a |
| Alchip Technologies Limitd 3661.TW | $7.35B | -32% | -51% | 23% | 14.4× | n/a |
| Socionext 6526.T | $1.78B | -16% | +21% | 5% | 21.1× | n/a |
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 | 3035.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.7% | -36.3% | 9th highest of 21 |
| 6-month return | -9.3% | -27.5% | 6th highest of 20 |
| Distance from 52-week high | -34.5% | -54.2% | 3rd highest of 21 |
| Revenue growth (TTM) | -31.8% | +13.6% | lowest of 20 |
| Operating margin | 5.3% | 8.8% | 9th lowest of 20 |
| Forward P/E | 29.6× | 22.8× | 4th most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 25.2% | 18.9% | 5th most demanding of 11 |
| Growth delivered (Del g) | +26.8% | +23.7% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | -1.6 pp | +3.4 pp | 5th least demanding of 11 |
| ROIC minus cost of capital | -4.1 pp | -2.4 pp | 7th lowest of 20 |
| EV / EBITDA | 21.0× | 18.8× | 5th most expensive of 11 |
| Net debt / EBITDA | -5.4× | -0.4× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Faraday Technology 3035.TW | Taiwan | $1.26B | -9% | -32% | 5% | 29.6× | 25.2% | +26.8% |
| WOLF WOLF | United States | $1.26B | -49% | -12% | -67% | n/a | n/a | n/a |
| Furuya Metal 7826.T | Japan | $1.26B | +7% | +75% | 25% | 10.3× | 13.3% | +24.2% |
| Karamtara Engineering KARAMTARA.NS | India | $1.28B | n/a | n/a | n/a | n/a | n/a | n/a |
| UMS Integration 558.SI | Singapore | $1.25B | -27% | +10% | 21% | 21.1× | 12.8% | +8.8% |
| Pan Jit International 2481.TW | Taiwan | $1.25B | +6% | +9% | 9% | 15.0× | 24.5% | +4.5% |
| TSE 131290.KS | South Korea | $1.29B | -4% | +37% | 22% | 12.0× | 11.2% | +8.5% |
| Jeju Semiconductor 080220.KS | South Korea | $1.24B | -4% | +284% | 32% | n/a | n/a | n/a |
| Innostar Service 7828.TWO | Taiwan | $1.29B | -18% | +117% | 43% | 53.4× | n/a | n/a |
| Supreme Electronics 8112.TW | Taiwan | $1.24B | -13% | +80% | 3% | n/a | n/a | n/a |
| LAPLACE Renewable Energy Technology 688726.SS | China | $1.30B | -36% | -22% | 8% | 24.5× | 1.4% | +62.8% |
| FADU 440110.KS | South Korea | $1.23B | -58% | +137% | -9% | 44.5× | 43.1% | +156.1% |
| Nuvoton Technology 4919.TW | Taiwan | $1.22B | -46% | 0% | -5% | n/a | n/a | n/a |
| Shenzhen SOFARSOLAR 301658.SZ | China | $1.32B | -41% | +18% | -1% | n/a | 43.2% | +37.3% |
| Jilin Sino-Microelectronics 600360.SS | China | $1.21B | -15% | +11% | 3% | n/a | n/a | n/a |
| Shenzhen Qingyi Photomask 688138.SS | China | $1.35B | -7% | +6% | 16% | 30.3× | n/a | n/a |
| Hana Micron 067310.KS | South Korea | $1.18B | -39% | +54% | 14% | 6.1× | 0.4% | +23.3% |
| Elite Advanced Laser 3450.TW | Taiwan | $1.36B | -15% | -2% | 16% | n/a | n/a | n/a |
| Luxnet 4979.TWO | Taiwan | $1.36B | -56% | +14% | 19% | 29.3× | 34.7% | +30.3% |
| Epiworld International 2726.HK | Hong Kong | $1.17B | -34% | -21% | -11% | n/a | 42.8% | +17.4% |
| Axera Semiconductor 0600.HK | Hong Kong | $1.15B | -34% | +19% | -135% | n/a | n/a | n/a |