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← CockpitCompetitor Analysis › 6620.TWO Handa Pharmaceuticals IncOpen in the cockpit ↗

Handa Pharmaceuticals Inc6620.TWOCompetitor analysis, valuation and peers

Taiwan · TWD·Health Care›Pharmaceuticals: Major
Momentum leader 90
Mkt cap
$525M
US dollars, full cap
Free float
86%
of shares outstanding
$/day
$10.9M
20-day average traded
Fwd P/E
21.6×
forward earnings
ROIC−WACC
+20.9 pp
WACC 6.3%
Hurdle
-114 pp
Req g minus delivered
Next earnings
7 days
13 Nov 2026
Close · TWDNT$104.50
1D+4.0%
1W-21.1%
1M-28.4%
3M+19.0%
6M+42.8%
YTD+21.5%
1Y-20.5%
ATR %10.2%
52w lowhigh32.6% off high

What Handa Pharmaceuticals does

No business profile yet.

Handa Pharmaceuticals at a glance

Size Handa Pharmaceuticals (6620.TWO) is a Taiwan Health Care company (Pharmaceuticals: Major) with a market value of $525M, the 429th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$104.50 on 6 Nov 2026.

Performance Over six months the shares gained 42.8%, against -18.9% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 67.5% over the last twelve months (peer median +9.4%); the operating margin is 37.5% (peer median 6.8%).

Valuation It trades at 21.6× forward earnings against a peer median of 13.0× (most expensive of 5).

Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +127%, so the hurdle is -114 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 20.9 points above its cost of capital (6.3% WACC).

Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 20266620.TWO 148Peer median 80
Six months, rebased to 100: Handa Pharmaceuticals against the median of its 20 peers (local-currency closes).

Handa Pharmaceuticals financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$1.21BNT$1.73BNT$831MNT$1.11BNT$198M
Revenue growth—+108%-25%+460%—
Gross profitNT$972MNT$1.45BNT$819MNT$1.09BNT$164M
EBITDANT$618MNT$1.10BNT$428MNT$706M-NT$72.9M
Net incomeNT$490MNT$750MNT$473MNT$727M-NT$40.0M
Free cash flown/aNT$227MNT$490MNT$667M-NT$212M
Capital expendituren/aNT$17.1MNT$7.77MNT$944,000NT$758,000
Total debtNT$41.0MNT$47.6MNT$40.1MNT$13.2MNT$29.6M

Quarterly statements and history in the cockpit →

Handa Pharmaceuticals 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%+100%-20%0%+20%GUJTHEM301277CAPREGTX003020MOREPENLAB0021070038506002223012014559INDP603207GYRE600513ENTX3001476620.TWO6-month return →1-month return →
Up and to the right = strong over both horizons. Handa Pharmaceuticals is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%10×15×20×EGTX00302000385045596620.TWORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Handa Pharmaceuticals is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%30127700210700385060022260367645593001476620.TWOGrowth 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. Handa Pharmaceuticals is the large dot.

Handa Pharmaceuticals competitors and peer comparison

How Handa Pharmaceuticals 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.

Handa Pharmaceuticals against its 20 peers (data as of 6 Nov 2026)
Measure6620.TWOPeer medianRank in peer set
1-month return-28.4%-8.0%3rd lowest of 21
6-month return+42.8%-18.9%5th highest of 21
Distance from 52-week high-32.6%-37.2%10th highest of 21
Revenue growth (TTM)+67.5%+9.4%highest of 20
Operating margin37.5%6.8%3rd highest of 18
Forward P/E21.6×13.0×most expensive of 5
Growth the price implies (Req g, 7 yrs)12.9%1.4%3rd most demanding of 9
Growth delivered (Del g)+126.7%+8.4%highest of 9
Hurdle (Req g minus delivered)-113.9 pp-5.2 ppleast demanding of 9
ROIC minus cost of capital+20.9 pp-3.1 pp4th highest of 19
EV / EBITDA22.1×18.3×2nd most expensive of 4
Net debt / EBITDA-6.0×0.3×least indebted of 4

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Handa Pharmaceuticals 6620.TWOTaiwan$525M+43%+68%37%21.6×12.9%+126.7%
Gujarat Themis Biosyn GUJTHEM.NSIndia$524M-5%+18%39%n/an/an/a
Newland Pharmaceutical 301277.SZChina$523M-22%+9%11%n/a10.2%+9.1%
Capricor Therapeutics CAPRUnited States$523M-73%-100%n/an/an/an/a
Egetis Therapeutics EGTX.STSweden$528M+67%+39%-604%14.9×n/an/a
Hefei Lifeon Pharmaceutical 003020.SZChina$520M-20%-1%10%19.5×n/an/a
Morepen Laboratories MOREPENLAB.NSIndia$529M+110%+30%11%n/an/an/a
Shandong Wohua Pharmaceutical 002107.SZChina$519M-18%-4%18%n/a6.7%-4.1%
Boryung 003850.KSSouth Korea$531M-14%+6%6%11.1×-8.9%+12.6%
Henan Taloph Pharmaceutical Stock 600222.SSChina$533M-5%-5%7%n/a17.7%+4.4%
Zhejiang Yatai Pharmaceutical 002370.SZChina$514M-32%-4%-11%n/an/an/a
ChengDa PharmaCeuticals 301201.SZChina$535M-43%+27%-9%n/an/an/a
Xizang Weixinkang Pharmaceutical 603676.SSChina$538M-22%-8%16%n/a-5.2%+9.6%
Zeria Pharmaceutical 4559.TJapan$540M-6%+12%15%9.3×-12.5%+11.1%
Indaptus Therapeutics INDPUnited States$510M+64%n/an/an/an/an/a
Shanghai Xiao Fang Pharmaceutical 603207.SSChina$544M-14%+10%39%n/a-3.9%+7.6%
Gyre Therapeutics GYREUnited States$505M-36%+17%-11%n/an/an/a
Jiangsu Lianhuan Pharmaceutical 600513.SSChina$546M-44%+14%0%n/an/an/a
Entera Bio ENTXUnited States$546M+142%-100%n/an/an/an/a
REGENXBIO RGNXUnited States$503M-28%+12%-94%n/an/an/a
Xiangxue Pharmaceutical 300147.SZChina$502M-49%+3%-39%n/a47.1%-12.3%

Questions

Which companies are Handa Pharmaceuticals's closest peers?
The cockpit's peer set: Gujarat Themis Biosyn (GUJTHEM.NS), Newland Pharmaceutical (301277.SZ), Capricor Therapeutics (CAPR), Egetis Therapeutics (EGTX.ST), Hefei Lifeon Pharmaceutical (003020.SZ), Morepen Laboratories (MOREPENLAB.NS), Shandong Wohua Pharmaceutical (002107.SZ), Boryung (003850.KS).
Is Handa Pharmaceuticals expensive compared with its peers?
On forward p/e it trades at 21.6× against a peer median of 13.0×, most expensive of 5 in its peer set. For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +127%, so the hurdle is -114 pp: the price already allows for a slowdown.
How has Handa Pharmaceuticals stock performed?
Over six months to 6 Nov 2026 the shares returned +42.8% against -18.9% for the median peer; over one year -20.5%.

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.