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Taiwanese maker of power supplies and adapters for notebooks, servers and consumer electronics, part of Compal Group.
Taiwanese maker of power supplies and adapters for notebooks, servers and consumer electronics, part of Compal Group.
Is paid per unit by notebook and server makers that design its power supplies into their products, with server power supplies the higher-value area compared with notebook adapters. It sits in the Compal Group, a major notebook and server contract maker.
In one line: A hidden power-supply OEM behind laptop and server brands.
Moat: narrow (customer qualification, scale). Long-standing qualified power-supply vendor within Compal Group's PC/server customer base.
Headquarters: Taoyuan, Taiwan · Founded: 1981
Size AcBel Polytech (6282.TW) is a Taiwan Information Technology company (Electronic Production Equipment) with a market value of $838M, the 304th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$32.35 on 6 Nov 2026.
Performance Over six months the shares fell 35.0%, against -19.8% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue grew 14.0% over the last twelve months (peer median +8.8%); the operating margin is 2.9% (peer median 6.1%).
Valuation It trades at 22.5× forward earnings against a peer median of 10.6× (4th most expensive of 13).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.1 points below its cost of capital (5.9% WACC).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$35.4B | NT$31.7B | NT$31.7B | NT$27.8B | NT$24.8B |
| Revenue growth | — | 0% | +14% | +12% | — |
| Gross profit | NT$7.78B | NT$7.36B | NT$6.57B | NT$5.42B | NT$3.74B |
| EBITDA | NT$2.73B | NT$2.41B | NT$1.54B | NT$1.76B | NT$1.23B |
| Net income | NT$1.05B | NT$153M | -NT$30.1M | NT$45.8M | NT$636M |
| Free cash flow | NT$106M | NT$1.14B | -NT$843M | NT$783M | -NT$20.7M |
| Capital expenditure | NT$945M | NT$928M | NT$2.91B | NT$5.07B | NT$1.77B |
| Total debt | NT$15.8B | NT$10.3B | NT$12.9B | NT$13.1B | NT$13.2B |
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 |
|---|---|---|---|---|---|---|
| AcBel Polytech 6282.TW | $838M | -35% | +14% | 3% | 22.5× | 15.7% |
| Delta Electronic 2308.TW | $82.9B | -51% | +38% | 17% | 19.0× | 18.5% |
| Lite-on Technology 2301.TW | $13.2B | +16% | +24% | 13% | 13.8× | n/a |
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 | 6282.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -27.2% | -15.8% | 6th lowest of 21 |
| 6-month return | -35.0% | -19.8% | 8th lowest of 20 |
| Distance from 52-week high | -54.3% | -49.6% | 10th lowest of 21 |
| Revenue growth (TTM) | +14.0% | +8.8% | 9th highest of 21 |
| Operating margin | 2.9% | 6.1% | 8th lowest of 21 |
| Forward P/E | 22.5× | 10.6× | 4th most expensive of 13 |
| Growth the price implies (Req g, 7 yrs) | 15.7% | 7.0% | 5th most demanding of 10 |
| Growth delivered (Del g) | +8.6% | +6.3% | 5th highest of 10 |
| Hurdle (Req g minus delivered) | +7.1 pp | +0.8 pp | 4th most demanding of 10 |
| ROIC minus cost of capital | -3.1 pp | -1.7 pp | 10th lowest of 21 |
| EV / EBITDA | 12.4× | 7.5× | 3rd most expensive of 8 |
| Net debt / EBITDA | 2.1× | -0.4× | most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| AcBel Polytech 6282.TW | Taiwan | $838M | -35% | +14% | 3% | 22.5× | 15.7% | +8.6% |
| LianChuang Electronic Technology 002036.SZ | China | $818M | -42% | -32% | -25% | n/a | n/a | n/a |
| Beken 603068.SS | China | $810M | 0% | +35% | 1% | n/a | n/a | n/a |
| Scanfil SCANFL.HE | Finland | $877M | -7% | +19% | 6% | 16.2× | 6.9% | +6.0% |
| DKE 1770.HK | Hong Kong | $796M | n/a | +35% | 5% | n/a | 17.5% | +9.6% |
| Radiant Opto-Electronics 6176.TW | Taiwan | $795M | -15% | -11% | 9% | 9.5× | n/a | n/a |
| Mitsui High-Tec 6966.T | Japan | $892M | +20% | +10% | 8% | 9.2× | n/a | n/a |
| Team 4967.TW | Taiwan | $783M | -7% | +91% | 35% | 39.4× | n/a | n/a |
| Suzhou Jinfu Technology 300128.SZ | China | $781M | -38% | +33% | -12% | n/a | n/a | n/a |
| Foxsemicon Integrated Technology 3413.TW | Taiwan | $778M | -29% | +16% | 13% | 8.6× | n/a | n/a |
| Japan Display 6740.T | Japan | $773M | -74% | -25% | -9% | n/a | n/a | n/a |
| Suzhou Shihua New Material Technology 688093.SS | China | $772M | -43% | -26% | 32% | 9.5× | 7.0% | +27.0% |
| Kctech 281820.KS | South Korea | $770M | -14% | +19% | 20% | 8.7× | 2.8% | +3.7% |
| Hangzhou Sunrise Technology 300360.SZ | China | $919M | -20% | -17% | 19% | 10.0× | -1.6% | +9.0% |
| Ceres Power CWR.L | United Kingdom | $758M | -63% | -23% | -125% | n/a | n/a | n/a |
| Chengdu RML Technology 301050.SZ | China | $927M | -37% | -81% | -128% | 22.1× | 21.4% | +16.9% |
| Shenzhen Laibao Hi-Tech 002106.SZ | China | $962M | -13% | -12% | 4% | 28.4× | n/a | n/a |
| Suzhou Wanxiang Technology 301180.SZ | China | $724M | -32% | +8% | 2% | n/a | 25.2% | +4.4% |
| Thinking Electronic Industrial 2428.TW | Taiwan | $721M | 0% | +11% | 23% | 11.2× | 0.8% | +6.3% |
| Shenzhen S-king Intelligent Equipment 688328.SS | China | $718M | -7% | +31% | 11% | n/a | 29.2% | +0.7% |
| Nanjing Wavelength Opto-Electronic Science and Technology 301421.SZ | China | $980M | -46% | +8% | 7% | 77.3× | n/a | n/a |