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← CockpitCompetitor Analysis › 4931.TWO STL Technology Co., Ltd.Open in the cockpit ↗

STL Technology Co., Ltd.4931.TWOCompetitor analysis, valuation and peers

Taiwan · TWD·Industrials›Electrical Products
Momentum weak 36
Mkt cap
$316M
US dollars, full cap
Free float
37%
of shares outstanding
$/day
$15.6M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+39.8 pp
WACC 5.4%
Hurdle
-3 pp
Req g minus delivered
Close · TWDNT$159.50
1D-5.9%
1W-17.8%
1M-36.2%
3M-18.6%
6M+2.2%
YTD-11.4%
1Y+27.6%
ATR %8.6%
52w lowhigh44.6% off high

What STL Technology does

No business profile yet.

STL Technology at a glance

Size STL Technology (4931.TWO) is a Taiwan Industrials company (Electrical Products) with a market value of $316M, the 631st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$159.50 on 6 Nov 2026.

Performance Over six months the shares gained 2.2%, against -27.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd highest of 19 in its peer set.

Growth Revenue grew 55.8% over the last twelve months (peer median +6.7%); the operating margin is 13.0% (peer median 4.8%).

Valuation It trades at 3.0× enterprise value to sales against a peer median of 2.8× (11th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 39.8 points above its cost of capital (5.4% WACC).

Relative performance

10015011 May 202611 Aug 20266 Nov 20264931.TWO 96Peer median 71
Six months, rebased to 100: STL Technology against the median of its 20 peers (local-currency closes).

STL Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$3.24BNT$2.45BNT$2.00BNT$1.71BNT$2.75B
Revenue growth—+23%+17%-38%—
Gross profitNT$724MNT$513MNT$383MNT$247MNT$437M
EBITDANT$469MNT$293MNT$199MNT$52.4MNT$216M
Net incomeNT$391MNT$204MNT$161MNT$107MNT$190M
Free cash flowNT$53.0MNT$214MNT$409MNT$20.8MNT$332M
Capital expenditureNT$155MNT$75.1MNT$33.2MNT$82.0MNT$37.9M
Total debtNT$678MNT$10.6MNT$9.26MNT$13.0MNT$117M

Quarterly statements and history in the cockpit →

STL Technology 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

-50%0%+50%-50%0%+50%300565301388CHPT002076162366441612INDOTECH160190HIRECT3009604931.TWO6-month return →1-month return →
Up and to the right = strong over both horizons. STL Technology is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%+50%2×4×300565301388CHPT00207660009758211623LASERPOWER6644301278LUMINO3004231612300141INDOTECH160190002323HIRECT4931.TWORevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. STL Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%58216644LUMINO1612INDOTECH0025763009604931.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. STL Technology is the large dot.

STL Technology competitors and peer comparison

How STL Technology 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.

STL Technology against its 20 peers (data as of 6 Nov 2026)
Measure4931.TWOPeer medianRank in peer set
1-month return-36.2%-12.2%2nd lowest of 21
6-month return+2.2%-27.6%2nd highest of 19
Distance from 52-week high-44.6%-45.8%10th highest of 21
Revenue growth (TTM)+55.8%+6.7%2nd highest of 21
Operating margin13.0%4.8%3rd highest of 21
EV / Sales3.0×2.8×11th cheapest of 21
Growth the price implies (Req g, 7 yrs)5.5%15.6%4th least demanding of 8
Growth delivered (Del g)+8.5%+10.6%3rd lowest of 8
Hurdle (Req g minus delivered)-3.1 pp-6.4 pp4th most demanding of 8
ROIC minus cost of capital+39.8 pp-2.6 pphighest of 21
EV / EBITDA20.5×9.8×3rd most expensive of 9
Net debt / EBITDA-1.9×0.6×2nd least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
STL Technology 4931.TWOTaiwan$316M+2%+56%13%3.0×5.5%+8.5%
Shenzhen Kexin Communication Technologies 300565.SZChina$318M-33%+2%-6%3.9×n/an/a
Xinling Electrical 301388.SZChina$319M-31%+15%5%3.4×n/an/a
ChargePoint CHPTUnited States$311M+86%+9%-39%1.1×n/an/a
CNlight 002076.SZChina$321M-15%+136%-4%4.4×n/an/a
Shanghai Kaichuang Marine International 600097.SSChina$311M-18%-9%-1%1.0×n/an/a
Hirakawa Hewtech 5821.TJapan$309M-24%+40%11%0.8×4.5%+10.9%
Ta Tun Electric Wire & Cable 1623.TWTaiwan$308M-37%+20%15%1.9×n/an/a
Laser Power & Infra LASERPOWER.NSIndia$304Mn/a-9%12%1.2×n/an/a
Osaki Electric 6644.TJapan$330M-45%+4%7%0.5×-3.7%+5.8%
QC Solar (Suzhou) 301278.SZChina$330M-30%-5%2%2.5×n/an/a
Lumino Industries LUMINO.NSIndia$301Mn/a+6%12%1.3×22.9%+39.1%
Sunfly Intelligent Technology 300423.SZChina$338M-38%-65%-53%4.8×n/an/a
Hong Tai Electric Industrial 1612.TWTaiwan$294M-16%+2%12%1.0×-8.8%+10.6%
Suzhou Industrial Park Heshun Electric 300141.SZChina$341M-31%+13%-6%4.6×n/an/a
Indo Tech Transformers INDOTECH.NSIndia$293M-4%+22%14%3.3×38.0%+30.6%
Jiangsu Tongda Power Technology 002576.SZChina$342M-25%-6%5%1.3×15.6%+3.1%
HIGEN RNM 160190.KSSouth Korea$291M-67%+7%-13%4.6×n/an/a
Shandong Yabo Technology 002323.SZChina$344M-35%-45%-95%11.7×n/an/a
Hirect HIRECT.NSIndia$349M-2%+42%5%3.2×n/an/a
Shenzhen Tongye Technology 300960.SZChina$350M-23%+8%7%4.6×22.3%+10.0%

Questions

Which companies are STL Technology's closest peers?
The cockpit's peer set: Shenzhen Kexin Communication Technologies (300565.SZ), Xinling Electrical (301388.SZ), ChargePoint (CHPT), CNlight (002076.SZ), Shanghai Kaichuang Marine International (600097.SS), Hirakawa Hewtech (5821.T), Ta Tun Electric Wire & Cable (1623.TW), Laser Power & Infra (LASERPOWER.NS).
Is STL Technology expensive compared with its peers?
On ev / sales it trades at 3.0× against a peer median of 2.8×, 11th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has STL Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +2.2% against -27.6% for the median peer; over one year +27.6%.

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.