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Taiwanese maker of optical lenses for smartphone and automotive cameras, competing with Largan Precision.
Taiwanese maker of optical lenses for smartphone and automotive cameras, competing with Largan Precision.
Sells plastic camera lenses to the module makers that supply phone brands, so orders depend on winning a share of each new phone model's camera, and a few design wins can swing a year. It is a smaller rival of Largan Precision, the dominant supplier, and automotive lenses are a newer line.
In one line: A smaller Taiwanese rival to Largan Precision in phone-camera lenses.
Moat: narrow (process know-how). Precision optical-lens manufacturing know-how needed to hit smartphone-camera tolerances.
Headquarters: Taichung, Taiwan · Employees: 12,075
Size GeniuS Electronic Optical (3406.TW) is a Taiwan Information Technology company (Electronic Equipment/Instruments) with a market value of $2.81B, the 132nd largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$825.00 on 6 Nov 2026.
Performance Over six months the shares gained 58.6%, against -25.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 15.8% over the last twelve months (peer median +6.7%); the operating margin is 20.4% (peer median 8.8%).
Valuation It trades at 20.1× forward earnings against a peer median of 21.2× (9th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 17.4 points above its cost of capital (9.0% WACC).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$26.7B | NT$25.0B | NT$23.2B | NT$21.7B | NT$19.2B |
| Revenue growth | — | +8% | +7% | +13% | — |
| Gross profit | NT$8.59B | NT$7.67B | NT$7.56B | NT$7.20B | NT$7.19B |
| EBITDA | NT$9.53B | NT$8.78B | NT$8.94B | NT$7.91B | NT$7.16B |
| Net income | NT$4.17B | NT$3.70B | NT$4.32B | NT$3.07B | NT$3.27B |
| Free cash flow | NT$6.65B | NT$5.63B | NT$9.61B | NT$4.89B | NT$894M |
| Capital expenditure | NT$1.89B | NT$2.17B | NT$3.03B | NT$5.15B | NT$7.51B |
| Total debt | NT$4.64B | NT$4.92B | NT$7.42B | NT$11.1B | NT$9.88B |
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 |
|---|---|---|---|---|---|---|
| GeniuS Electronic Optical 3406.TW | $2.81B | +59% | +16% | 20% | 20.1× | 5.9% |
| Largan Precision 3008.TW | $17.7B | +76% | 0% | 35% | 26.0× | 12.6% |
| Sunny Optical 2382.HK | $8.92B | -3% | +20% | 8% | 14.8× | 4.9% |
| Asia Optical 3019.TW | $1.04B | -14% | +13% | 10% | 16.2× | 0.1% |
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 | 3406.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.8% | -8.7% | 9th lowest of 21 |
| 6-month return | +58.6% | -25.2% | 2nd highest of 21 |
| Distance from 52-week high | -38.0% | -50.8% | 5th highest of 21 |
| Revenue growth (TTM) | +15.8% | +6.7% | 9th highest of 21 |
| Operating margin | 20.4% | 8.8% | 4th highest of 21 |
| Forward P/E | 20.1× | 21.2× | 9th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 5.9% | 14.1% | 4th least demanding of 14 |
| Growth delivered (Del g) | +9.5% | +13.5% | 4th lowest of 14 |
| Hurdle (Req g minus delivered) | -3.6 pp | -1.5 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +17.4 pp | -1.5 pp | 2nd highest of 21 |
| EV / EBITDA | 8.7× | 8.5× | 3rd most expensive of 6 |
| Net debt / EBITDA | -1.1× | -0.2× | 3rd least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| GeniuS Electronic Optical 3406.TW | Taiwan | $2.81B | +59% | +16% | 20% | 20.1× | 5.9% | +9.5% |
| Kehua Data 002335.SZ | China | $2.81B | -41% | +5% | 5% | 31.4× | 16.7% | +14.4% |
| Oxford Nanopore Technologies ONT.L | United Kingdom | $2.71B | +75% | +15% | -55% | n/a | n/a | n/a |
| Focuslight Technologies 688167.SS | China | $2.71B | -44% | +22% | -9% | 284.8× | n/a | n/a |
| Ningbo Sanxing Medical Electric 601567.SS | China | $2.66B | -37% | -11% | 3% | 15.8× | 4.8% | +15.1% |
| Ginlong Technologies 300763.SZ | China | $2.98B | -47% | +4% | 11% | 19.2× | 10.0% | +27.2% |
| Shanghai Lingang 600848.SS | China | $3.00B | -9% | -26% | 15% | 19.4× | 12.9% | +15.1% |
| Shenzhen CSL Vacuum Science & Technology 688785.SS | China | $2.62B | -21% | -2% | 18% | n/a | n/a | n/a |
| Addsino 000547.SZ | China | $3.02B | -49% | -6% | -54% | n/a | n/a | n/a |
| Suzhou HYC Technology 688001.SS | China | $2.59B | -31% | +19% | 6% | 61.1× | 37.6% | +5.9% |
| Dexerials 4980.T | Japan | $2.55B | -4% | +5% | 35% | 13.8× | 15.0% | +11.6% |
| Vaisala VAIAS.HE | Finland | $2.54B | +22% | +2% | 16% | 26.9× | 9.7% | +9.5% |
| Syntec Technology 7750.TW | Taiwan | $3.15B | -46% | +60% | 25% | 13.2× | 17.2% | +24.3% |
| GRG Banking Equipment 002152.SZ | China | $3.26B | -25% | 0% | 9% | 23.0× | 4.0% | +13.5% |
| Sineng Electric 300827.SZ | China | $2.35B | -25% | +29% | 12% | 24.7× | n/a | n/a |
| Shenzhen SEICHI Technologies 688627.SS | China | $3.37B | -24% | +65% | 3% | 89.1× | n/a | n/a |
| Keli Sensing Technology (Ningbo) 603662.SS | China | $2.28B | -4% | +24% | 19% | 51.6× | 24.7% | +13.4% |
| ULVAC 6728.T | Japan | $2.01B | -34% | +7% | 7% | 15.5× | 14.1% | +8.0% |
| Diebold Nixdorf DBD | United States | $1.96B | -25% | +6% | 9% | 10.5× | -2.0% | -0.5% |
| Goodwe Technologies 688390.SS | China | $1.93B | -51% | +53% | 5% | 17.1× | 17.4% | +41.2% |
| Shenzhen Everbest Machinery Industry 002980.SZ | China | $1.90B | -16% | +64% | 23% | n/a | n/a | n/a |