Loading…
← CockpitCompetitor Analysis › 4960.TW Cheng Mei Materials Technology CorporationOpen in the cockpit ↗

Cheng Mei Materials Technology Corporation4960.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Industrials›Electrical Products
Momentum leader 86
Mkt cap
$470M
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$25.3M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-18.2 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
118 days
4 Mar 2027
Close · TWDNT$27.20
1D-8.3%
1W-13.7%
1M+13.3%
3M+33.7%
6M-36.1%
YTD+102.2%
1Y+95.0%
ATR %8.8%
52w lowhigh43.3% off high

What Cheng Mei Materials Technology does

Employees: 898

Cheng Mei Materials Technology at a glance

Size Cheng Mei Materials Technology (4960.TW) is a Taiwan Industrials company (Electrical Products) with a market value of $470M, the 466th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$27.20 on 6 Nov 2026.

Performance Over six months the shares fell 36.1%, against -28.7% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 6.8% over the last twelve months (peer median +14.9%); the operating margin is -14.2% (peer median 0.8%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 2.0× (10th cheapest of 20).

Capital Return on invested capital runs 18.2 points below its cost of capital (5.0% WACC).

Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).

Relative performance

40608010011 May 202611 Aug 20266 Nov 2026Peer median 694960.TW 66
Six months, rebased to 100: Cheng Mei Materials Technology against the median of its 20 peers (local-currency closes).

Cheng Mei Materials Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$7.98BNT$8.64BNT$8.93BNT$9.24BNT$9.50B
Revenue growth—-3%-3%-3%—
Gross profitNT$140M-NT$395MNT$439MNT$357MNT$769M
EBITDAn/a-NT$896M-NT$149M-NT$109MNT$430M
Net income-NT$835M-NT$1.46B-NT$267M-NT$581MNT$462M
Free cash flown/a-NT$881M-NT$674M-NT$1.43BNT$1.33B
Capital expendituren/aNT$322MNT$355MNT$349MNT$590M
Total debtn/aNT$4.07BNT$3.87BNT$3.32BNT$2.31B

Quarterly statements and history in the cockpit →

Cheng Mei Materials 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

-40%-20%0%+20%-40%-20%0%081900234768871799636810301238778830089060506630041460310900634030078760019268863330122625299030001166174960.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Cheng Mei Materials Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%+80%0×10×08190023476887179963681077883008903009336050663004146031090063403007876886333012262529904960.TWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Cheng Mei Materials Technology is the large dot.

Cheng Mei Materials Technology competitors and peer comparison

How Cheng Mei Materials 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.

Cheng Mei Materials Technology against its 20 peers (data as of 6 Nov 2026)
Measure4960.TWPeer medianRank in peer set
1-month return+13.3%-10.1%highest of 21
6-month return-36.1%-28.7%6th lowest of 21
Distance from 52-week high-43.3%-46.1%8th highest of 21
Revenue growth (TTM)-6.8%+14.9%lowest of 21
Operating margin-14.2%0.8%2nd lowest of 21
EV / Sales1.9×2.0×10th cheapest of 20
ROIC minus cost of capital-18.2 pp-4.6 pplowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Cheng Mei Materials Technology 4960.TWTaiwan$470M-36%-7%-14%1.9×n/an/a
Tianneng Power International 0819.HKHong Kong$470M-47%+6%1%0.2×-1.3%-0.6%
Taier Heavy Industry 002347.SZChina$471M-22%-1%-7%2.9×18.1%+6.1%
SolaX Power Network Technology (Zhejiang) 688717.SSChina$468M-68%+57%0%0.5×n/an/a
Transtech Optelecom Science 9963.HKHong Kong$467M+63%+76%-3%18.2×54.9%-18.2%
Maxell 6810.TJapan$474M+2%+6%6%0.6×-1.1%-1.4%
Jiangsu Ruitai New Energy Materials 301238.SZChina$474M-34%+50%-5%n/an/an/a
Song Chuan Precision 7788.TWTaiwan$467M+15%+34%9%2.3×n/an/a
Shanghai XFH Technology 300890.SZChina$475M-35%+52%7%2.7×n/an/a
Sinostar Cable 300933.SZChina$477M-29%+13%0%1.3×n/an/a
Zhejiang Tengen Electrics 605066.SSChina$477M-21%-3%0%1.0×n/an/a
Sichuan Zhongguang Lightning Protection Technologies 300414.SZChina$478M-31%+21%3%4.7×n/an/a
Senci Electric Machinery 603109.SSChina$460M-33%-3%4%1.0×18.1%+13.4%
Daewon Cable 006340.KSSouth Korea$457M-49%+38%2%0.8×n/an/a
Anfu CE LINK 300787.SZChina$484M-4%+17%-1%1.3×n/an/a
Lanzhou Greatwall Electrcal 600192.SSChina$453M-17%-6%-23%3.0×n/an/a
Nantong Xingqiu Graphite 688633.SSChina$490M-47%+44%31%2.0×-6.5%+7.6%
Changzhou Xiangming Intelligent Drive System 301226.SZChina$450M-29%+4%1%4.8×38.8%-1.6%
SEMCNS 252990.KSSouth Korea$492M-20%+66%29%5.9×14.8%+16.8%
Beijing Dinghan Technology 300011.SZChina$494M-26%-2%-1%2.7×31.5%+7.2%
Takaoka Toko 6617.TJapan$443M-40%+6%9%0.5×2.3%+4.0%

Questions

Which companies are Cheng Mei Materials Technology's closest peers?
The cockpit's peer set: Tianneng Power International (0819.HK), Taier Heavy Industry (002347.SZ), SolaX Power Network Technology (Zhejiang) (688717.SS), Transtech Optelecom Science (9963.HK), Maxell (6810.T), Jiangsu Ruitai New Energy Materials (301238.SZ), Song Chuan Precision (7788.TW), Shanghai XFH Technology (300890.SZ).
Is Cheng Mei Materials Technology expensive compared with its peers?
On ev / sales it trades at 1.9× against a peer median of 2.0×, 10th cheapest of 20 in its peer set.
How has Cheng Mei Materials Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -36.1% against -28.7% for the median peer; over one year +95.0%.

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.