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Taiwanese maker of copper-clad laminate and prepreg materials for PCBs, including high-speed grades.
Taiwanese maker of copper-clad laminate and prepreg materials for PCBs, including high-speed grades.
Sells laminate to board makers on purchase orders. A new high-speed grade is first qualified by the board maker and its end customer, such as a server maker, and then supplied for the life of that platform, so earnings depend more on the mix of grades than on volume.
Moat: narrow (process know-how, customer qualification). Laminate formulations qualified into customer PCB designs, especially high-speed grades.
Headquarters: Taoyuan, Taiwan · Founded: 1997 · Employees: 3,424
Size ITEQ (6213.TW) is a Taiwan Information Technology company (Electronic Components) with a market value of $5.45B, the 85th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$496.00 on 6 Nov 2026.
Performance Over six months the shares gained 74.7%, against -15.0% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 16.3% over the last twelve months (peer median +23.2%); the operating margin is 8.8% (peer median 11.7%).
Valuation It trades at 16.6× forward earnings against a peer median of 29.7× (4th cheapest of 19).
Capital Return on invested capital runs 2.2 points below its cost of capital (12.8% WACC).
Next results Next results expected around 5 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$37.3B | NT$33.1B | NT$29.4B | NT$25.1B | NT$29.1B |
| Revenue growth | — | +13% | +17% | -14% | — |
| Gross profit | NT$5.64B | NT$4.52B | NT$3.43B | NT$2.92B | NT$3.76B |
| EBITDA | NT$4.90B | NT$3.97B | NT$2.82B | NT$2.16B | NT$3.06B |
| Net income | NT$2.35B | NT$1.51B | NT$822M | NT$677M | NT$1.86B |
| Free cash flow | -NT$1.81B | NT$758M | -NT$750M | NT$1.02B | NT$3.30B |
| Capital expenditure | NT$1.95B | NT$1.59B | NT$1.80B | NT$1.24B | NT$3.20B |
| Total debt | NT$6.11B | NT$5.88B | NT$5.79B | NT$5.54B | NT$4.58B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| ITEQ 6213.TW | $5.45B | +75% | +16% | 9% | 16.6× | n/a |
| Elite Material 2383.TW | $41.4B | -19% | +89% | 26% | 15.8× | n/a |
| Taiwan Union Technology 6274.TWO | $8.21B | -26% | +87% | 23% | 13.9× | n/a |
| Shengyi Technology 600183.SS | $25.7B | -8% | +56% | 22% | 20.3× | 20.5% |
| Kingboard Laminates 1888.HK | $12.2B | -26% | +32% | 21% | 10.8× | n/a |
| Nan Ya Plastic 1303.TW | $57.4B | +155% | +6% | 6% | 11.5× | n/a |
| Resonac 4004.T | $12.6B | -26% | +1% | 8% | 18.0× | 26.7% |
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.
| Measure | 6213.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -34.0% | -31.4% | 10th lowest of 21 |
| 6-month return | +74.7% | -15.0% | highest of 21 |
| Distance from 52-week high | -44.0% | -52.4% | 6th highest of 21 |
| Revenue growth (TTM) | +16.3% | +23.2% | 8th lowest of 21 |
| Operating margin | 8.8% | 11.7% | 8th lowest of 21 |
| Forward P/E | 16.6× | 29.7× | 4th cheapest of 19 |
| ROIC minus cost of capital | -2.2 pp | -2.0 pp | 10th lowest of 21 |
| EV / EBITDA | 37.2× | 13.3× | 4th most expensive of 9 |
| Net debt / EBITDA | 0.4× | -0.5× | 4th most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ITEQ 6213.TW | Taiwan | $5.45B | +75% | +16% | 9% | 16.6× | n/a | n/a |
| Lotes 3533.TW | Taiwan | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% | +14.3% |
| Dynamic Electronics 603175.SS | China | $5.37B | -15% | +15% | 5% | n/a | n/a | n/a |
| Taiyo Yuden 6976.T | Japan | $5.63B | +4% | +6% | 6% | 28.8× | 47.0% | +3.4% |
| Founder Technology 600601.SS | China | $5.70B | -27% | +73% | 19% | 47.6× | n/a | n/a |
| Compeq Manufacturing 2313.TW | Taiwan | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% | +4.7% |
| Shenzhen Everwin Precision Technology 300115.SZ | China | $5.95B | -12% | +19% | 2% | 124.0× | n/a | n/a |
| Sichuan Huafeng Technology 688629.SS | China | $4.85B | -49% | +46% | 9% | 87.5× | n/a | n/a |
| Wuhan Jingce Electronic 300567.SZ | China | $4.80B | -14% | +31% | 0% | 119.3× | n/a | n/a |
| Guangdong Kingshine Electronic Technology 300903.SZ | China | $4.69B | +45% | +36% | 4% | 276.3× | n/a | n/a |
| Silergy 6415.TW | Taiwan | $4.58B | -11% | +13% | 12% | 30.5× | n/a | n/a |
| Advanced Fiber Resources Zhuhai 300620.SZ | China | $6.50B | -27% | +86% | 18% | 107.0× | n/a | n/a |
| Shenzhen Fastprint Circuit Tech 002436.SZ | China | $6.54B | -7% | +26% | 6% | 57.3× | n/a | n/a |
| Camtek CAMT | United States | $4.53B | -53% | +12% | 23% | 19.6× | 29.7% | +26.1% |
| Tripod Technology 3044.TW | Taiwan | $6.57B | -15% | +21% | 19% | 10.7× | n/a | n/a |
| Jiangxi Redboard Technology 603459.SS | China | $6.70B | -4% | +36% | 17% | n/a | 53.4% | +36.1% |
| Delton Technology (Guangzhou) 001389.SZ | China | $4.43B | -48% | +77% | 25% | 18.6× | n/a | n/a |
| Orbbec 688322.SS | China | $6.73B | +37% | +1% | 0% | 202.4× | n/a | n/a |
| VICR VICR | United States | $6.78B | -43% | +41% | 25% | 25.9× | 46.0% | +6.6% |
| Nantong Jianghai Capacitor 002484.SZ | China | $4.28B | -15% | +17% | 14% | 27.6× | 23.2% | +15.9% |
| TTM Technologies TTMI | United States | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% | +6.7% |