Loading…
← CockpitCompetitor Analysis › 6189.TW Promate Electronic Co., Ltd.Open in the cockpit ↗

Promate Electronic Co., Ltd.6189.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Electronics Distributors
Momentum neutral 53
Mkt cap
$354M
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$506,749
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+9.8 pp
WACC 5.0%
Hurdle
-12 pp
Req g minus delivered
Close · TWDNT$44.35
1D-2.1%
1W-5.4%
1M-10.2%
3M-7.4%
6M-10.1%
YTD-0.6%
1Y-7.4%
ATR %2.5%
52w lowhigh26.7% off high

What Promate Electronic does

No business profile yet.

Promate Electronic at a glance

Size Promate Electronic (6189.TW) is a Taiwan Information Technology company (Electronics Distributors) with a market value of $354M, the 583rd largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$44.35 on 6 Nov 2026.

Performance Over six months the shares fell 10.1%, against -6.9% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue fell 9.5% over the last twelve months (peer median +18.3%); the operating margin is 4.4% (peer median 3.6%).

Valuation It trades at 0.4× enterprise value to sales against a peer median of 0.4× (10th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -12 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 9.8 points above its cost of capital (5.0% WACC).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 976189.TW 91
Six months, rebased to 100: Promate Electronic against the median of its 20 peers (local-currency closes).

Promate Electronic financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$29.3BNT$29.7BNT$38.0BNT$29.5BNT$28.1B
Revenue growth—-22%+29%+5%—
Gross profitNT$2.54BNT$2.54BNT$3.04BNT$2.42BNT$2.11B
EBITDANT$1.37BNT$1.51BNT$1.85BNT$1.35BNT$1.01B
Net incomeNT$1.07BNT$719MNT$1.40BNT$847MNT$820M
Free cash flowNT$994MNT$529MNT$1.54BNT$776MNT$797M
Capital expenditureNT$26.1MNT$44.4MNT$32.6MNT$23.5MNT$27.7M
Total debtNT$3.57BNT$3.69BNT$3.44BNT$3.83BNT$3.69B

Quarterly statements and history in the cockpit →

Promate Electronic 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%-30%-20%-10%0%813730486245688159002547PRT31477537052020086130287609032190037460546A3000501184ABE80840012986189.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Promate Electronic is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%0×20×40×813730486245688159002547314705202030287609037460546A3000506189.TWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Promate Electronic is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%8137688159002547PRT314775377609546A3000506189.TWGrowth 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. Promate Electronic is the large dot.

Promate Electronic competitors and peer comparison

How Promate Electronic 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.

Promate Electronic against its 20 peers (data as of 6 Nov 2026)
Measure6189.TWPeer medianRank in peer set
1-month return-10.2%-14.8%5th highest of 21
6-month return-10.1%-6.9%10th lowest of 21
Distance from 52-week high-26.7%-30.6%8th highest of 21
Revenue growth (TTM)-9.5%+18.3%3rd lowest of 21
Operating margin4.4%3.6%8th highest of 21
EV / Sales0.4×0.4×10th most expensive of 20
Growth the price implies (Req g, 7 yrs)-9.8%0.3%least demanding of 11
Growth delivered (Del g)+2.1%+2.4%6th highest of 11
Hurdle (Req g minus delivered)-11.9 pp-2.0 pp4th least demanding of 11
ROIC minus cost of capital+9.8 pp+0.8 pp7th highest of 20
Net debt / EBITDA-0.0×1.5×6th least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Promate Electronic 6189.TWTaiwan$354M-10%-10%4%0.4×-9.8%+2.1%
Sun-Wa Technos 8137.TJapan$346M+8%+20%3%0.3×-0.8%+1.9%
Edom Technology 3048.TWTaiwan$344M+6%+11%2%0.1×n/an/a
Lanner Electronics 6245.TWOTaiwan$344M-5%-2%9%1.1×n/an/a
Shenzhen Neoway Technology 688159.SSChina$365M-45%-43%5%1.7×25.7%+33.3%
Suzhou Chunxing Precision Mechanical 002547.SZChina$332M-35%+2%-10%2.3×7.1%-15.4%
Esprinet PRT.MIItaly$379M-9%+5%1%0.1×2.7%-0.9%
Jetwell Computer 3147.TWOTaiwan$384M+63%+105%7%0.8×-6.9%+25.9%
Marubun 7537.TJapan$323M+67%+2%4%0.3×-6.1%-5.9%
STCube 052020.KSSouth Korea$308M-71%-17%-368%51.9×n/an/a
Digital China 0861.HKHong Kong$410M-14%+16%1%0.4×1.5%+2.8%
Zenitron 3028.TWTaiwan$430M-19%+76%4%0.2×n/an/a
Daitron 7609.TJapan$438M+15%+57%8%0.4×-5.0%+12.4%
Daou Data 032190.KSSouth Korea$444M-32%+130%6%n/an/an/a
Samji Electronics 037460.KSSouth Korea$273M-25%+88%9%0.2×n/an/a
Miraini 546A.TJapan$470M+11%+32%3%0.4×-1.0%+16.3%
Dingli 300050.SZChina$478M-18%+24%8%9.2×27.1%-15.4%
S.A.S. Dragon 1184.HKHong Kong$542M+16%+92%4%0.2×n/an/a
AB S.a. ABE.WAPoland$556M+3%+15%2%0.2×n/an/a
Ryoden 8084.TJapan$558M+45%+13%3%0.3×n/an/a
Shenzhen Best of Best 001298.SZChina$559M-38%+78%3%0.5×n/an/a

Questions

Which companies are Promate Electronic's closest peers?
The cockpit's peer set: Sun-Wa Technos (8137.T), Edom Technology (3048.TW), Lanner Electronics (6245.TWO), Shenzhen Neoway Technology (688159.SS), Suzhou Chunxing Precision Mechanical (002547.SZ), Esprinet (PRT.MI), Jetwell Computer (3147.TWO), Marubun (7537.T).
Is Promate Electronic expensive compared with its peers?
On ev / sales it trades at 0.4× against a peer median of 0.4×, 10th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -12 pp: the price already allows for a slowdown.
How has Promate Electronic stock performed?
Over six months to 6 Nov 2026 the shares returned -10.1% against -6.9% for the median peer; over one year -7.4%.

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.