Who are Wafer Works's main competitors?

Named competitors: Sumco Corporation (3436.T), Shin-Etsu Chemical (4063.T), GlobalWafers (6488.TWO). The cockpit's measured peer set (industry) also includes Sprint Precision Technologies (688605.SS), Ableprint Technology (7734.TWO), Yizumi (300415.SZ), GKG Precision Machine (301338.SZ), Shenzhen Creality 3D Technology (3388.HK), Bonfiglioli Transmissions (BONFIG.NS).

Is Wafer Works expensive compared with its peers?

On forward p/e it trades at 36.0× against a peer median of 22.8×, 4th most expensive of 13 in its peer set.

How has Wafer Works stock performed?

Over six months to 6 Nov 2026 the shares returned +42.3% against -24.2% for the median peer; over one year +94.0%.

← CockpitCompetitor Analysis › 6182.TWO Wafer Works Corp.Open in the cockpit ↗

Wafer Works Corp.6182.TWOCompetitor analysis, valuation and peers

Taiwan · TWD·Industrials›Industrial Machinery

Taiwanese maker of silicon wafers, the raw substrate material used to manufacture semiconductor chips.

≈ A smaller Taiwanese peer to Sumco/Shin-Etsu in raw silicon wafersMomentum neutral 45

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.30B

US dollars, full cap

Free float

96%

of shares outstanding

$/day

$98.7M

20-day average traded

Fwd P/E

36.0×

forward earnings

ROIC−WACC

-10.4 pp

WACC 11.3%

Hurdle

n/a

no reverse DCF

Close · TWDNT$69.00

1D-7.6%

1W-26.5%

1M-47.5%

3M-28.8%

6M+42.3%

YTD+125.5%

1Y+94.0%

ATR %11.2%

52w lowhigh64.5% off high

What Wafer Works does

Taiwanese maker of silicon wafers, the raw substrate material used to manufacture semiconductor chips.

Sells wafers by the piece to chip factories under negotiated supply terms, and the epitaxial wafers, which carry an extra grown layer, sell for more than bare polished ones, so product mix matters to its pricing.

In one line: A smaller Taiwanese peer to Sumco/Shin-Etsu in raw silicon wafers.

Products and services

Silicon wafers

Customers

Semiconductor fabs

Where it sits in the supply chain

Semiconductors
Wafer materials
Raw silicon wafer manufacturing

What could go right

Semiconductor fab wafer-start volumes

What could go wrong

Semiconductor cyclicality

Moat: narrow (process know-how, scale). Capital-intensive, qualification-heavy silicon-wafer manufacturing process.

Headquarters: Hsinchu, Taiwan

Named competitors

Wafer Works at a glance

Size Wafer Works (6182.TWO) is a Taiwan Industrials company (Industrial Machinery) with a market value of $1.30B, the 221st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$69.00 on 6 Nov 2026.

Performance Over six months the shares gained 42.3%, against -24.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 19 in its peer set.

Growth Revenue grew 9.4% over the last twelve months (peer median +10.9%); the operating margin is 4.4% (peer median 8.7%).

Valuation It trades at 36.0× forward earnings against a peer median of 22.8× (4th most expensive of 13).

Capital Return on invested capital runs 10.4 points below its cost of capital (11.3% WACC).

Relative performance

Six months, rebased to 100: Wafer Works against the median of its 20 peers (local-currency closes).

Wafer Works financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	NT$10.2B	NT$9.82B	NT$8.72B	NT$10.0B	NT$12.7B
Revenue growth	—	+13%	-13%	-21%	—
Gross profit	NT$2.00B	NT$2.06B	NT$1.74B	NT$2.91B	NT$4.89B
EBITDA	NT$2.50B	NT$2.49B	NT$2.09B	NT$3.03B	NT$4.95B
Net income	NT$139M	NT$51.9M	NT$4.03M	NT$569M	NT$2.16B
Free cash flow	-NT$8.31B	-NT$6.86B	-NT$1.81B	NT$596M	NT$2.49B
Capital expenditure	NT$9.53B	NT$8.55B	NT$3.51B	NT$2.71B	NT$2.81B
Total debt	NT$11.0B	NT$9.33B	NT$6.26B	NT$5.60B	NT$6.13B

Quarterly statements and history in the cockpit →

Wafer Works 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

Up and to the right = strong over both horizons. Wafer Works is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Wafer Works is the large dot.

Wafer Works competitors and peer comparison

Head to head with its named competitors (6182.TWO vs 3436.T vs 4063.T vs 6488.TWO)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Wafer Works 6182.TWO	$1.30B	+42%	+9%	4%	36.0×	n/a
Sumco 3436.T	$3.96B	-28%	+4%	-4%	n/a	n/a
Shin-etsu Chemical 4063.T	$66.5B	-27%	+5%	25%	17.2×	8.9%
GlobalWafers 6488.TWO	$8.15B	-23%	-6%	11%	21.4×	n/a

How Wafer Works 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.

Wafer Works against its 20 peers (data as of 6 Nov 2026)
Measure	6182.TWO	Peer median	Rank in peer set
1-month return	-47.5%	-15.4%	lowest of 20
6-month return	+42.3%	-24.2%	highest of 19
Distance from 52-week high	-64.5%	-50.1%	6th lowest of 20
Revenue growth (TTM)	+9.4%	+10.9%	9th lowest of 20
Operating margin	4.4%	8.7%	8th lowest of 20
Forward P/E	36.0×	22.8×	4th most expensive of 13
ROIC minus cost of capital	-10.4 pp	-0.3 pp	2nd lowest of 19
EV / EBITDA	23.9×	21.9×	4th most expensive of 8
Net debt / EBITDA	2.2×	-1.1×	2nd most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Wafer Works 6182.TWO	Taiwan	$1.30B	+42%	+9%	4%	36.0×	n/a	n/a
Sprint Precision Technologies 688605.SS	China	$1.31B	-3%	+16%	10%	61.2×	n/a	n/a
Ableprint Technology 7734.TWO	Taiwan	$1.31B	-58%	+48%	50%	20.7×	18.8%	+10.1%
Yizumi 300415.SZ	China	$1.29B	-25%	+13%	11%	11.9×	9.6%	+17.4%
GKG Precision Machine 301338.SZ	China	$1.32B	-57%	+38%	17%	24.8×	n/a	n/a
Shenzhen Creality 3D Technology 3388.HK	Hong Kong	$1.28B	n/a	+468%	1%	n/a	n/a	n/a
Bonfiglioli Transmissions BONFIG.NS	India	$1.33B	n/a	+9%	16%	n/a	n/a	n/a
SanFeng Intelligent Equipment 300276.SZ	China	$1.27B	-8%	+6%	-10%	n/a	18.5%	+8.7%
PowerTECH 301369.SZ	China	$1.34B	-26%	+56%	3%	n/a	n/a	n/a
Hangzhou Honghua Digital Technology Stock 688789.SS	China	$1.27B	-22%	-7%	18%	18.2×	n/a	n/a
Aux Electric 2580.HK	Hong Kong	$1.26B	-37%	+1%	8%	4.5×	n/a	n/a
Chongqing Zaisheng Technology 603601.SS	China	$1.35B	-50%	-6%	1%	158.2×	39.7%	-7.5%
Durr DUE.DE	Germany	$1.25B	-24%	+2%	4%	9.1×	-3.3%	+4.6%
Aotecar New Energy Technology 002239.SZ	China	$1.25B	-17%	-7%	3%	n/a	11.9%	+17.1%
HUYNDAI MOVEX 319400.KS	South Korea	$1.24B	-51%	+2%	3%	n/a	n/a	n/a
Kirloskar Brothers KIRLOSBROS.NS	India	$1.37B	-8%	+11%	9%	n/a	33.9%	+10.8%
Suzhou Veichi Electric 688698.SS	China	$1.37B	-38%	+20%	7%	36.4×	n/a	n/a
Topoint Technology 8021.TW	Taiwan	$1.37B	-28%	+49%	21%	27.2×	n/a	n/a
Jiangsu Guomao Reducer 603915.SS	China	$1.37B	-11%	+11%	9%	28.4×	16.3%	+4.0%
Sunrise Energy Metals SRL.AX	Australia	$1.38B	-16%	n/a	n/a	n/a	n/a	n/a
Seikoh Giken 6834.T	Japan	$1.23B	+17%	+55%	28%	18.9×	24.6%	+15.2%

Questions

Who are Wafer Works's main competitors?: Named competitors: Sumco Corporation (3436.T), Shin-Etsu Chemical (4063.T), GlobalWafers (6488.TWO). The cockpit's measured peer set (industry) also includes Sprint Precision Technologies (688605.SS), Ableprint Technology (7734.TWO), Yizumi (300415.SZ), GKG Precision Machine (301338.SZ), Shenzhen Creality 3D Technology (3388.HK), Bonfiglioli Transmissions (BONFIG.NS).
Is Wafer Works expensive compared with its peers?: On forward p/e it trades at 36.0× against a peer median of 22.8×, 4th most expensive of 13 in its peer set.
How has Wafer Works stock performed?: Over six months to 6 Nov 2026 the shares returned +42.3% against -24.2% for the median peer; over one year +94.0%.