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Taiwan maker of automation equipment for semiconductor probe-card assembly and mini-LED laser repair, serving chip and display makers mainly in China.
Taiwan maker of automation equipment for semiconductor probe-card assembly and mini-LED laser repair, serving chip and display makers mainly in China.
In one line: A small, niche semiconductor/display automation-equipment maker.
Moat: narrow (process know-how). Specialized automation know-how for niche probe-card and mini-LED processes, a small, technical equipment market.
Headquarters: Hsinchu, Taiwan · Founded: 1993
Size Innostar Service (7828.TWO) is a Taiwan Information Technology company (Semiconductors) with a market value of $1.29B, the 226th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$1,050 on 6 Nov 2026.
Performance Over six months the shares fell 17.6%, against -15.3% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue grew 117.2% over the last twelve months (peer median +10.9%); the operating margin is 43.0% (peer median 8.0%).
Valuation It trades at 53.4× forward earnings against a peer median of 21.1× (most expensive of 12).
Capital Return on invested capital runs 12.1 points above its cost of capital (7.9% WACC).
Next results Next results expected around 15 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$1.06B | NT$716M | NT$406M | NT$120M | NT$164M |
| Revenue growth | — | +76% | +237% | -27% | — |
| Gross profit | NT$842M | NT$545M | NT$326M | NT$70.9M | NT$137M |
| EBITDA | NT$505M | NT$319M | n/a | -NT$25.8M | NT$27.7M |
| Net income | NT$399M | NT$228M | NT$150M | -NT$49.9M | NT$8.37M |
| Free cash flow | -NT$1.31B | -NT$392M | n/a | -NT$44.6M | NT$130M |
| Capital expenditure | NT$1.23B | NT$312M | n/a | NT$9.16M | NT$36.7M |
| Total debt | NT$30.3M | NT$215M | NT$18.3M | NT$4.78M | NT$8.27M |
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 |
|---|---|---|---|---|---|---|
| Innostar Service 7828.TWO | $1.29B | -18% | +117% | 43% | 53.4× | n/a |
| Chunghwa Precision Test Tech 6510.TWO | $2.30B | -37% | +24% | 32% | 28.3× | 24.4% |
| Contrel Technology 8064.TWO | $469M | -33% | +28% | 15% | n/a | 18.2% |
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 | 7828.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -42.9% | -29.6% | 6th lowest of 21 |
| 6-month return | -17.6% | -15.3% | 10th lowest of 20 |
| Distance from 52-week high | -58.2% | -53.3% | 8th lowest of 21 |
| Revenue growth (TTM) | +117.2% | +10.9% | 3rd highest of 20 |
| Operating margin | 43.0% | 8.0% | highest of 20 |
| Forward P/E | 53.4× | 21.1× | most expensive of 12 |
| ROIC minus cost of capital | +12.1 pp | -2.4 pp | 3rd highest of 20 |
| EV / EBITDA | 77.6× | 18.1× | most expensive of 12 |
| Net debt / EBITDA | -6.6× | -0.5× | 3rd least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Innostar Service 7828.TWO | Taiwan | $1.29B | -18% | +117% | 43% | 53.4× | n/a | n/a |
| TSE 131290.KS | South Korea | $1.29B | -4% | +37% | 22% | 12.0× | 11.2% | +8.5% |
| Karamtara Engineering KARAMTARA.NS | India | $1.28B | n/a | n/a | n/a | n/a | n/a | n/a |
| LAPLACE Renewable Energy Technology 688726.SS | China | $1.30B | -36% | -22% | 8% | 24.5× | 1.4% | +62.8% |
| Faraday Technology 3035.TW | Taiwan | $1.26B | -9% | -32% | 5% | 29.6× | 25.2% | +26.8% |
| WOLF WOLF | United States | $1.26B | -49% | -12% | -67% | n/a | n/a | n/a |
| Furuya Metal 7826.T | Japan | $1.26B | +7% | +75% | 25% | 10.3× | 13.3% | +24.2% |
| Shenzhen SOFARSOLAR 301658.SZ | China | $1.32B | -41% | +18% | -1% | n/a | 43.2% | +37.3% |
| UMS Integration 558.SI | Singapore | $1.25B | -27% | +10% | 21% | 21.1× | 12.8% | +8.8% |
| Pan Jit International 2481.TW | Taiwan | $1.25B | +6% | +9% | 9% | 15.0× | 24.5% | +4.5% |
| Jeju Semiconductor 080220.KS | South Korea | $1.24B | -4% | +284% | 32% | n/a | n/a | n/a |
| Supreme Electronics 8112.TW | Taiwan | $1.24B | -13% | +80% | 3% | n/a | n/a | n/a |
| Shenzhen Qingyi Photomask 688138.SS | China | $1.35B | -7% | +6% | 16% | 30.3× | n/a | n/a |
| FADU 440110.KS | South Korea | $1.23B | -58% | +137% | -9% | 44.5× | 43.1% | +156.1% |
| Elite Advanced Laser 3450.TW | Taiwan | $1.36B | -15% | -2% | 16% | n/a | n/a | n/a |
| Nuvoton Technology 4919.TW | Taiwan | $1.22B | -46% | 0% | -5% | n/a | n/a | n/a |
| Luxnet 4979.TWO | Taiwan | $1.36B | -56% | +14% | 19% | 29.3× | 34.7% | +30.3% |
| Jilin Sino-Microelectronics 600360.SS | China | $1.21B | -15% | +11% | 3% | n/a | n/a | n/a |
| Hana Micron 067310.KS | South Korea | $1.18B | -39% | +54% | 14% | 6.1× | 0.4% | +23.3% |
| Epiworld International 2726.HK | Hong Kong | $1.17B | -34% | -21% | -11% | n/a | 42.8% | +17.4% |
| Kaga Electronics 8154.T | Japan | $1.42B | +6% | +24% | 4% | 7.8× | n/a | n/a |