Taiwanese industrial machinery maker; specific product lines and customers unconfirmed.
Taiwanese industrial machinery maker; specific product lines and customers unconfirmed.
Moat: none
Headquarters: Taiwan
Size Ta Liang Technology (3167.TW) is a Taiwan Industrials company (Industrial Machinery) with a market value of $1.89B, the 174th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$700.00 on 6 Nov 2026.
Performance Over six months the shares fell 9.1%, against -5.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 9th lowest of 19 in its peer set.
Growth Revenue grew 103.1% over the last twelve months (peer median +9.9%); the operating margin is 22.5% (peer median 12.8%).
Valuation It trades at 19.6× forward earnings against a peer median of 19.1× (9th most expensive of 19).
Price implies For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is +16 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 19.6 points above its cost of capital (12.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$7.77B | NT$5.08B | NT$2.60B | NT$1.29B | NT$2.37B |
| Revenue growth | — | +95% | +101% | -45% | — |
| Gross profit | NT$3.26B | NT$1.95B | NT$718M | NT$294M | NT$569M |
| EBITDA | NT$1.80B | NT$965M | NT$119M | NT$2.39M | NT$152M |
| Net income | NT$1.28B | NT$716M | NT$124M | NT$12.8M | NT$313M |
| Free cash flow | NT$656M | -NT$47.7M | -NT$621M | NT$855M | NT$532M |
| Capital expenditure | NT$161M | NT$194M | NT$179M | NT$155M | NT$116M |
| Total debt | NT$1.61B | NT$1.70B | NT$1.08B | NT$1.25B | NT$1.64B |
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 | 3167.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -29.7% | -6.8% | lowest of 21 |
| 6-month return | -9.1% | -5.5% | 9th lowest of 19 |
| Distance from 52-week high | -35.8% | -24.9% | 8th lowest of 21 |
| Revenue growth (TTM) | +103.1% | +9.9% | highest of 21 |
| Operating margin | 22.5% | 12.8% | highest of 21 |
| Forward P/E | 19.6× | 19.1× | 9th most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | 31.8% | 3.1% | 2nd most demanding of 15 |
| Growth delivered (Del g) | +15.9% | +11.3% | 4th highest of 15 |
| Hurdle (Req g minus delivered) | +15.9 pp | -7.0 pp | 3rd most demanding of 15 |
| ROIC minus cost of capital | +19.6 pp | +3.3 pp | highest of 21 |
| EV / EBITDA | 34.8× | 13.6× | 3rd most expensive of 13 |
| Net debt / EBITDA | 0.1× | -0.4× | 5th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |
| OSG 6136.T | Japan | $1.88B | -2% | +20% | 18% | 11.4× | 1.7% | +9.0% |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| ELGI Equipments ELGIEQUIP.NS | India | $1.87B | -1% | +16% | 13% | 35.0× | 30.6% | +15.5% |
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| Wuxi Rich Intelligent Equipment 301599.SZ | China | $1.87B | -54% | +9% | 13% | n/a | 31.2% | +9.2% |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Shenzhen Yinghe Technology 300457.SZ | China | $1.84B | -34% | +27% | 6% | 18.6× | 11.4% | +31.7% |
| Xiangtan Electric Manufacturing 600416.SS | China | $1.83B | -33% | -3% | -2% | 414.0× | n/a | n/a |
| Systemair SYSR.ST | Sweden | $1.83B | +16% | +3% | 9% | 18.6× | 13.4% | +8.0% |
| Jiangxi Guoke Defence 688543.SS | China | $1.83B | -7% | +2% | 16% | 42.7× | n/a | n/a |
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |
| Zhejiang Dun'an Artificial Environment 002011.SZ | China | $1.81B | -4% | +8% | 8% | 11.4× | -0.4% | +12.2% |
| Makino Milling Machine 6135.T | Japan | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% | +17.5% |
| Enerpac Tool EPAC | United States | $1.99B | +9% | +6% | 20% | 18.8× | 3.8% | +4.3% |
| Kaishan 300257.SZ | China | $2.00B | -56% | +12% | 15% | 22.0× | n/a | n/a |
| INOX India INOXINDIA.NS | India | $1.79B | +20% | +23% | 18% | 47.3× | 37.9% | +21.8% |
| Xi'an Shaangu Power 601369.SS | China | $2.00B | -22% | -5% | 7% | 18.2× | -11.1% | +3.2% |
| Gorman-Rupp GRC | United States | $1.79B | -12% | +6% | 16% | 21.5× | 11.8% | +14.4% |
| Max 6454.T | Japan | $2.01B | +1% | +11% | 18% | 19.4× | 2.4% | +9.2% |