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← CockpitCompetitor Analysis › 3624.TWO Viking Tech CorporationOpen in the cockpit ↗

Viking Tech Corporation3624.TWOCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Electronic Production Equipment
Momentum leader 96
Mkt cap
$344M
US dollars, full cap
Free float
60%
of shares outstanding
$/day
$78.7M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-1.4 pp
WACC 13.8%
Hurdle
+26 pp
Req g minus delivered
Next earnings
105 days
19 Feb 2027
Close · TWDNT$97.00
1D-6.7%
1W-23.3%
1M-33.3%
3M+42.6%
6M+77.3%
YTD+66.1%
1Y+131.2%
ATR %11.6%
52w lowhigh46.3% off high

What Viking Tech does

No business profile yet.

Viking Tech at a glance

Size Viking Tech (3624.TWO) is a Taiwan Information Technology company (Electronic Production Equipment) with a market value of $344M, the 596th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$97.00 on 6 Nov 2026.

Performance Over six months the shares gained 77.3%, against -19.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 14.1% over the last twelve months (peer median +14.0%); the operating margin is 11.8% (peer median 5.8%).

Valuation It trades at 3.4× enterprise value to sales against a peer median of 1.8× (5th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is +26 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 1.4 points below its cost of capital (13.8% WACC).

Next results Next results expected around 19 Feb 2027 (exchange calendar; dates can move).

Relative performance

10020030011 May 202611 Aug 20266 Nov 20263624.TWO 180Peer median 78
Six months, rebased to 100: Viking Tech against the median of its 20 peers (local-currency closes).

Viking Tech financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$2.97BNT$2.68BNT$2.58BNT$2.55BNT$3.16B
Revenue growth—+4%+1%-19%—
Gross profitNT$808MNT$677MNT$668MNT$708MNT$1.08B
EBITDANT$578MNT$480MNT$467MNT$549MNT$855M
Net incomeNT$375MNT$218MNT$242MNT$262MNT$585M
Free cash flowNT$161MNT$205MNT$415MNT$219MNT$727M
Capital expenditureNT$246MNT$174MNT$175MNT$208MNT$274M
Total debtNT$50.7MNT$59.3MNT$71.8MNT$97.4MNT$112M

Quarterly statements and history in the cockpit →

Viking Tech competitor charts

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.

Performance: 6-month against 1-month return

-25%0%+25%+50%+75%-30%-20%-10%F3C37013004600021993005430027290710197034165386491630138630061569052402078350699980963624.TWO6-month return →1-month return →
Up and to the right = strong over both horizons. Viking Tech is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%2×4×F3C370130046000219930054300272919703416BN2538649163013863006156905240207835069993624.TWORevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Viking Tech is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%F3C370130046000272919703416BN2301386690569990029523624.TWOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Viking Tech is the large dot.

Viking Tech competitors and peer comparison

How Viking Tech compares with its peers

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.

Viking Tech against its 20 peers (data as of 6 Nov 2026)
Measure3624.TWOPeer medianRank in peer set
1-month return-33.3%-14.6%2nd lowest of 21
6-month return+77.3%-19.1%highest of 21
Distance from 52-week high-46.3%-40.0%5th lowest of 21
Revenue growth (TTM)+14.1%+14.0%11th highest of 21
Operating margin11.8%5.8%5th highest of 21
EV / Sales3.4×1.8×5th most expensive of 20
Growth the price implies (Req g, 7 yrs)30.5%12.7%2nd most demanding of 12
Growth delivered (Del g)+4.7%+7.5%4th lowest of 12
Hurdle (Req g minus delivered)+25.8 pp+3.9 pp2nd most demanding of 12
ROIC minus cost of capital-1.4 pp+0.6 pp9th lowest of 20
EV / EBITDA17.4×9.8×2nd most expensive of 12
Net debt / EBITDA-2.3×-0.9×7th least indebted of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Viking Tech 3624.TWOTaiwan$344M+77%+14%12%3.4×30.5%+4.7%
SFC Energy F3C.DEGermany$343M-16%+3%13%1.8×8.9%+21.9%
FIC Global 3701.TWTaiwan$341M-29%-28%-6%1.6×31.2%+5.8%
Guangdong Faith Long Crystal Technology 300460.SZChina$339M-14%+11%-18%4.5×9.5%+7.2%
Zhejiang East Crystal Electronic 002199.SZChina$352M-6%+202%-5%3.4×n/an/a
Shenzhen Longood Intelligent Electronic 300543.SZChina$329M-26%+2%-1%1.2×n/an/a
Hollyland (China) Electronics Technology 002729.SZChina$361M-32%+14%8%4.8×24.2%+20.2%
BOE Varitronix 0710.HKHong Kong$321M-27%+3%2%n/an/an/a
IMAX China 1970.HKHong Kong$374M+11%-17%36%2.9×-7.2%+14.5%
Winmate 3416.TWTaiwan$376M-5%+27%18%2.8×-1.8%+14.6%
Valuetronics BN2.SISingapore$311M-17%-8%8%0.7×-12.4%-7.4%
Albatron Technology 5386.TWOTaiwan$310M-35%+223%18%0.8×n/an/a
PARPRO 4916.TWTaiwan$308M+28%+32%9%2.3×n/an/a
Suzhou Future Electrical 301386.SZChina$388M-27%+2%12%2.8×15.9%+3.4%
XDC Industries (Shenzhen) 300615.SZChina$304M-21%+35%-12%3.5×n/an/a
Cosel 6905.TJapan$297M-10%+17%1%0.7×30.1%-1.5%
ICHIA Technologies 2402.TWTaiwan$405M-38%+13%6%1.3×n/an/a
Hanyang Digitech 078350.KSSouth Korea$291M-13%+38%5%0.5×n/an/a
Koa 6999.TJapan$415M-6%+22%7%1.0×12.7%+7.5%
CoAsia Electronics 8096.TWOTaiwan$285M-35%+16%2%0.5×n/an/a
Yes Optoelectronics (Group) 002952.SZChina$423M-38%+14%3%2.7×21.7%+14.8%

Questions

Which companies are Viking Tech's closest peers?
The cockpit's peer set: SFC Energy (F3C.DE), FIC Global (3701.TW), Guangdong Faith Long Crystal Technology (300460.SZ), Zhejiang East Crystal Electronic (002199.SZ), Shenzhen Longood Intelligent Electronic (300543.SZ), Hollyland (China) Electronics Technology (002729.SZ), BOE Varitronix (0710.HK), IMAX China (1970.HK).
Is Viking Tech expensive compared with its peers?
On ev / sales it trades at 3.4× against a peer median of 1.8×, 5th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is +26 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.
How has Viking Tech stock performed?
Over six months to 6 Nov 2026 the shares returned +77.3% against -19.1% for the median peer; over one year +131.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.