Loading…
Taiwanese maker of automation equipment; specific product lines and customers unconfirmed.
Taiwanese maker of automation equipment; specific product lines and customers unconfirmed.
Moat: none
Headquarters: Taiwan
Size Horng Terng Automation (7751.TWO) is a Taiwan Industrials company (Industrial Machinery) with a market value of $817M, the 309th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$1,005 on 6 Nov 2026.
Performance Over six months the shares fell 62.1%, against -16.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 150.1% over the last twelve months (peer median +4.7%); the operating margin is 35.0% (peer median 9.3%).
Valuation It trades at 20.8× forward earnings against a peer median of 13.2× (5th most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +10 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.
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$2.40B | NT$1.86B | NT$1.14B | NT$886M | NT$1.27B |
| Revenue growth | — | +62% | +29% | -30% | — |
| Gross profit | NT$1.27B | NT$1.01B | NT$602M | NT$425M | NT$596M |
| EBITDA | NT$883M | NT$678M | NT$373M | NT$214M | NT$332M |
| Net income | NT$694M | NT$519M | NT$294M | NT$160M | NT$390M |
| Free cash flow | NT$556M | NT$547M | NT$300M | NT$189M | NT$552M |
| Capital expenditure | NT$105M | NT$56.5M | NT$23.6M | NT$23.0M | NT$18.8M |
| Total debt | NT$63.0M | NT$67.8M | NT$9.78M | NT$18.6M | NT$99.7M |
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 | 7751.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -37.4% | -7.7% | 3rd lowest of 21 |
| 6-month return | -62.1% | -16.5% | 2nd lowest of 21 |
| Distance from 52-week high | -64.2% | -42.0% | 2nd lowest of 21 |
| Revenue growth (TTM) | +150.1% | +4.7% | highest of 21 |
| Operating margin | 35.0% | 9.3% | highest of 21 |
| Forward P/E | 20.8× | 13.2× | 5th most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 23.2% | 3.2% | 5th most demanding of 15 |
| Growth delivered (Del g) | +13.5% | +6.4% | 6th highest of 15 |
| Hurdle (Req g minus delivered) | +9.7 pp | -2.9 pp | 4th most demanding of 15 |
| EV / EBITDA | 28.2× | 21.2× | 4th most expensive of 8 |
| Net debt / EBITDA | -2.4× | -2.5× | 4th most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Horng Terng Automation 7751.TWO | Taiwan | $817M | -62% | +150% | 35% | 20.8× | 23.2% | +13.5% |
| SHANGHAI HUGONG ELECTRIC 603131.SS | China | $816M | -28% | +4% | -2% | n/a | n/a | n/a |
| CGN Nuclear Technology Development 000881.SZ | China | $816M | -21% | -7% | -8% | n/a | n/a | n/a |
| Eternal Precision Mechanics 7795.TW | Taiwan | $819M | -9% | -12% | 18% | 34.0× | n/a | n/a |
| Shenzhen JT Automation Equipment 300400.SZ | China | $811M | -9% | +8% | 9% | n/a | 34.4% | -2.4% |
| Runner (Xiamen) 603408.SS | China | $809M | +2% | +14% | 9% | 11.6× | -6.4% | +5.9% |
| Guangdong Senssun Weighing Apparatus 002870.SZ | China | $807M | -5% | -12% | 2% | n/a | 0.7% | +44.0% |
| Hangzhou Zhongtai Cryogenic Technology 300435.SZ | China | $806M | -43% | -22% | 13% | 9.4× | 10.7% | +6.8% |
| Shenzhen Riland Industry 300154.SZ | China | $831M | +41% | -2% | 5% | n/a | 44.6% | +10.0% |
| Bingshan Refrigeration & Heat Transfer Technologies 000530.SZ | China | $833M | +47% | -8% | 0% | 79.1× | 20.4% | +20.5% |
| BHI 083650.KS | South Korea | $798M | -64% | +90% | 12% | 11.9× | -9.1% | +26.0% |
| JC Finance & Tax Interconnect 002530.SZ | China | $797M | -24% | +12% | 10% | n/a | n/a | n/a |
| Shibuya 6340.T | Japan | $839M | +40% | +5% | 10% | 11.3× | -0.2% | +5.5% |
| Hangzhou Fortune Gas Cryogenic 603173.SS | China | $796M | -14% | +4% | 15% | 9.9× | -8.2% | +22.6% |
| Create Technology & Science 000551.SZ | China | $842M | -29% | +15% | 11% | 15.2× | -0.5% | +5.7% |
| Tiangong International 0826.HK | Hong Kong | $843M | -28% | +8% | 11% | 8.8× | 5.7% | -2.7% |
| Kirloskar Pneumatic KIRLPNU.NS | India | $846M | -23% | +9% | 18% | 29.0× | 26.3% | +16.8% |
| Guangdong LingXiao Pump Industry 002884.SZ | China | $848M | -16% | +8% | 25% | 13.2× | -5.6% | +3.7% |
| HMT HMT.NS | India | $849M | -15% | +9% | -82% | n/a | 61.3% | -6.9% |
| Guangdong Vanward New Electric 002543.SZ | China | $849M | -17% | -12% | -3% | 20.1× | n/a | n/a |
| SUFA Technology Industry Co., Ltd., CNNC 000777.SZ | China | $850M | -25% | -25% | 2% | 37.2× | n/a | n/a |