Employees: 1,058
Size ECOVE Environment (6803.TWO) is a Taiwan Industrials company (Environmental Services) with a market value of $545M, the 420th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$253.00 on 6 Nov 2026.
Performance Over six months the shares fell 12.5%, against -13.7% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 5.8% over the last twelve months (peer median -2.1%); the operating margin is 17.7% (peer median 7.0%).
Valuation It trades at 2.1× enterprise value to sales against a peer median of 3.1× (6th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -16 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.3 points above its cost of capital (5.0% WACC).
Next results Next results expected around 8 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$9.69B | NT$9.66B | NT$8.53B | NT$7.63B | NT$7.03B |
| Revenue growth | — | +13% | +12% | +9% | — |
| Gross profit | NT$1.83B | NT$1.86B | NT$1.73B | NT$1.62B | NT$1.59B |
| EBITDA | NT$2.21B | NT$2.22B | NT$2.03B | NT$1.92B | NT$1.85B |
| Net income | NT$1.35B | NT$1.34B | NT$1.26B | NT$1.16B | NT$1.05B |
| Free cash flow | NT$345M | NT$738M | NT$1.06B | NT$1.44B | NT$2.04B |
| Capital expenditure | NT$422M | NT$2.16B | NT$348M | NT$374M | NT$1.21B |
| Total debt | NT$4.85B | NT$5.10B | NT$2.37B | NT$2.30B | NT$2.93B |
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.
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 | 6803.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.7% | -2.9% | 10th lowest of 21 |
| 6-month return | -12.5% | -13.7% | 8th highest of 21 |
| Distance from 52-week high | -19.0% | -30.2% | 5th highest of 21 |
| Revenue growth (TTM) | +5.8% | -2.1% | 4th highest of 21 |
| Operating margin | 17.7% | 7.0% | 5th highest of 21 |
| EV / Sales | 2.1× | 3.1× | 6th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -4.5% | -1.4% | 6th least demanding of 14 |
| Growth delivered (Del g) | +11.4% | +1.5% | 5th highest of 14 |
| Hurdle (Req g minus delivered) | -15.9 pp | +3.5 pp | 3rd least demanding of 14 |
| ROIC minus cost of capital | +8.3 pp | -2.9 pp | 3rd highest of 21 |
| EV / EBITDA | 9.4× | 14.1× | 2nd cheapest of 11 |
| Net debt / EBITDA | 0.9× | 6.8× | 4th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ECOVE Environment 6803.TWO | Taiwan | $545M | -12% | +6% | 18% | 2.1× | -4.5% | +11.4% |
| Wuhan Sanzhen Industry 600168.SS | China | $539M | -13% | -3% | 8% | 4.4× | n/a | n/a |
| Jinyuan EP 000546.SZ | China | $510M | -49% | +34% | -3% | 0.3× | n/a | n/a |
| Shanghai Conglin Environmental Protection Technology 688370.SS | China | $499M | -3% | -4% | 7% | 4.5× | n/a | n/a |
| Zhejiang Feida Environmental Science & Technology 600526.SS | China | $596M | -18% | +3% | 7% | 1.1× | -5.3% | +9.5% |
| Dongjiang Environmental 0895.HK | Hong Kong | $482M | -25% | +1% | -31% | 2.5× | 6.3% | +0.2% |
| Fujian Haixia Environmental Protection 603817.SS | China | $480M | -24% | -1% | 26% | 3.4× | n/a | n/a |
| BGT 300774.SZ | China | $475M | -52% | +3% | 4% | 4.3× | n/a | n/a |
| WELLE 300190.SZ | China | $471M | -21% | -17% | -9% | 2.9× | -8.9% | -12.5% |
| China Everbright Water U9E.SI | Singapore | $462M | -13% | -33% | 34% | 4.9× | -1.4% | -1.7% |
| QiaoYin City Management 002973.SZ | China | $661M | -14% | -12% | 10% | 2.5× | 8.9% | +4.9% |
| Jiangxi JDL Environmental Protection 688057.SS | China | $662M | +28% | -22% | -6% | 9.0× | -5.3% | -19.8% |
| Seche Environnement SCHP.PA | France | $689M | -7% | +2% | 6% | 1.2× | 4.8% | +13.3% |
| Yonker Environmental Protection 300187.SZ | China | $428M | -22% | +5% | 11% | 4.7× | 9.0% | +1.5% |
| China Resources and Environment 600217.SS | China | $719M | -24% | -19% | -8% | 2.0× | -13.6% | -2.2% |
| Shenzhen Lions King Hi-Tech 301305.SZ | China | $758M | -22% | +19% | 18% | 2.9× | n/a | n/a |
| Cambi CAMBI.OL | Norway | $390M | +7% | -9% | 11% | 3.4× | 0.1% | +23.8% |
| Onterris ONT | United States | $770M | -1% | -1% | 1% | 1.5× | 44.1% | +20.4% |
| Mo-BRUK MBR.WA | Poland | $365M | +15% | +29% | 35% | 4.2× | -6.8% | +12.4% |
| Tus Environmental Science & Technology Development 000826.SZ | China | $364M | -13% | -13% | -38% | 2.9× | -2.7% | -11.7% |
| SIIC Environment BHK.SI | Singapore | $327M | -10% | -8% | 23% | 3.9× | n/a | n/a |