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Makes precision hinges and connecting shafts for foldable phones, laptops, AR/VR devices and monitors.
Makes precision hinges and connecting shafts for foldable phones, laptops, AR/VR devices and monitors.
Hinge parts are designed in per device model, so revenue follows winning a place in a given phone or laptop model and how many units that model sells, with foldable phones the newer growth line next to notebook hinges.
In one line: A niche precision-mechanical-parts supplier to consumer electronics OEMs.
Moat: narrow (process know-how, customer qualification). Precision hinge engineering is hard to replicate and qualified into specific device designs.
Headquarters: New Taipei City, Taiwan · Founded: 1990
Size Fositek (6805.TW) is a Taiwan Information Technology company (Electronic Production Equipment) with a market value of $3.50B, the 110th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$1,690 on 6 Nov 2026.
Performance Over six months the shares fell 15.3%, against -16.4% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 46.3% over the last twelve months (peer median +20.3%); the operating margin is 27.4% (peer median 6.5%).
Valuation It trades at 20.0× forward earnings against a peer median of 26.0× (6th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +41%, so the hurdle is -26 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 29.4 points above its cost of capital (7.7% WACC).
Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$16.4B | NT$12.4B | NT$8.19B | NT$5.64B | NT$5.01B |
| Revenue growth | — | +52% | +45% | +13% | — |
| Gross profit | NT$5.71B | NT$3.24B | NT$1.80B | NT$1.30B | NT$1.15B |
| EBITDA | n/a | NT$2.82B | NT$1.39B | NT$1.01B | NT$890M |
| Net income | NT$3.76B | NT$2.13B | NT$1.23B | NT$628M | NT$564M |
| Free cash flow | n/a | NT$1.49B | NT$15.5M | NT$669M | NT$2.00B |
| Capital expenditure | n/a | NT$370M | NT$594M | NT$199M | NT$122M |
| Total debt | n/a | NT$2.43B | NT$2.29B | NT$1.34B | NT$1.50B |
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 |
|---|---|---|---|---|---|---|
| Fositek 6805.TW | $3.50B | -15% | +46% | 27% | 20.0× | 14.7% |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
| Shin Zu Shing 3376.TW | $648M | -47% | -22% | -2% | 11.1× | 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 | 6805.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -31.0% | -17.9% | 5th lowest of 21 |
| 6-month return | -15.3% | -16.4% | 11th highest of 21 |
| Distance from 52-week high | -38.5% | -50.8% | 6th highest of 21 |
| Revenue growth (TTM) | +46.3% | +20.3% | 4th highest of 21 |
| Operating margin | 27.4% | 6.5% | 2nd highest of 21 |
| Forward P/E | 20.0× | 26.0× | 6th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 14.7% | 16.6% | 6th least demanding of 11 |
| Growth delivered (Del g) | +41.1% | +12.0% | highest of 11 |
| Hurdle (Req g minus delivered) | -26.3 pp | -0.1 pp | least demanding of 11 |
| ROIC minus cost of capital | +29.4 pp | -1.0 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fositek 6805.TW | Taiwan | $3.50B | -15% | +46% | 27% | 20.0× | 14.7% | +41.1% |
| Vishay Intertechnology VSH | United States | $3.57B | -32% | +18% | 5% | 13.2× | 18.8% | +4.2% |
| Changsha Jingjia Microelectronics 300474.SZ | China | $3.59B | -30% | +50% | -77% | n/a | n/a | n/a |
| Olympic Circuit Technology 603920.SS | China | $3.29B | -42% | +21% | 6% | 30.1× | n/a | n/a |
| Jones Tech 300684.SZ | China | $3.83B | +20% | +15% | 20% | 45.3× | 42.9% | +9.8% |
| Guangdong Create Century Intelligent Equipment 300083.SZ | China | $3.13B | +7% | +35% | 11% | 24.4× | n/a | n/a |
| OFILM 002456.SZ | China | $3.10B | -35% | -17% | -1% | n/a | 27.0% | -14.4% |
| Universal Display OLED | United States | $3.98B | -4% | -2% | 35% | 19.6× | 14.3% | +8.7% |
| OPT Machine Vision Tech 688686.SS | China | $2.96B | +48% | +38% | 12% | 75.4× | n/a | n/a |
| Exosens EXENS.PA | France | $2.95B | -11% | +15% | 17% | 27.5× | 24.3% | +25.6% |
| JoulWatt Technology 688141.SS | China | $4.44B | -30% | +50% | -28% | n/a | n/a | n/a |
| Zhejiang Jiemei Electronic & Technology 002859.SZ | China | $2.71B | -21% | +26% | 13% | 47.3× | n/a | n/a |
| Shenzhen Sunlord Electronics 002138.SZ | China | $4.55B | +11% | +20% | 16% | 24.4× | 14.5% | +14.2% |
| Marketech International 6196.TW | Taiwan | $2.68B | +8% | +44% | 7% | 13.0× | 6.3% | +15.5% |
| Forehope Electronic (Ningbo) 688362.SS | China | $2.67B | -19% | +19% | 0% | 86.7× | n/a | n/a |
| LG Innotek 011070.KS | South Korea | $4.62B | -54% | +20% | 4% | 9.6× | -0.3% | +18.1% |
| MDA Space MDA.TO | Canada | $4.65B | -14% | +38% | 5% | 28.1× | n/a | n/a |
| LG Display 034220.KS | South Korea | $2.61B | -42% | -7% | 2% | n/a | -13.4% | +1.2% |
| Quectel Wireless Solutions 603236.SS | China | $4.71B | +50% | +30% | 5% | 21.1× | n/a | n/a |
| Lagercrantz LAGR-B.ST | Sweden | $4.72B | -6% | +17% | 15% | 30.8× | 20.6% | +21.0% |
| AXT AXTI | United States | $2.55B | -67% | +89% | 20% | 16.2× | n/a | n/a |