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← CockpitCompetitor Analysis › 8021.TW Topoint Technology Co., Ltd.Open in the cockpit ↗

Topoint Technology Co., Ltd.8021.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Industrials›Industrial Machinery

Taiwan maker of drill bits and router bits for printed circuit boards, also offering contract drilling services.

Momentum laggard 14
Mkt cap
$1.37B
US dollars, full cap
Free float
85%
of shares outstanding
$/day
$85.9M
20-day average traded
Fwd P/E
27.2×
forward earnings
ROIC−WACC
+6.1 pp
WACC 10.7%
Hurdle
n/a
no reverse DCF
Next earnings
111 days
25 Feb 2027
Close · TWDNT$308.50
1D-9.4%
1W-26.3%
1M-44.9%
3M-21.0%
6M-27.7%
YTD+62.4%
1Y+180.5%
ATR %11.5%
52w lowhigh50.8% off high

What Topoint Technology does

Taiwan maker of drill bits and router bits for printed circuit boards, also offering contract drilling services.

Sells drill bits and router bits, consumables that circuit-board makers wear out and replace, and runs outsourced drilling plants in Taiwan, China and Thailand for board makers that prefer not to drill in-house. Orders follow circuit-board output, now led by AI-server boards. The Thai site, opened in 2025 for drilling services, is its first in Southeast Asia.

Products and services

  • PCB drill bits (coated)
  • Router and slot bits
  • Contract drilling services
  • CNC drilling machines and peripherals

Customers

  • Gold Circuit Electronics
  • Unimicron
  • Zhen Ding Technology
  • TTM Technologies
  • WUS Printed Circuit

Where it sits in the supply chain

  • Information Technology
  • PCB consumables
  • Drill bits, routers and drilling…

What could go right

  • AI-server and ASIC board demand
  • Thailand drilling service and plant ramp-up

What could go wrong

  • PCB capex cycles
  • Rivalry from Japanese and Chinese bit makers

Moat: narrow (process know-how, scale). Coating and regrinding know-how and scale in Taiwan; drill bits are a consumable with several well-matched rivals.

Headquarters: New Taipei, Taiwan · Founded: 1996

Named competitors

Topoint Technology at a glance

Size Topoint Technology (8021.TW) is a Taiwan Industrials company (Industrial Machinery) with a market value of $1.37B, the 212th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$308.50 on 6 Nov 2026.

Performance Over six months the shares fell 27.7%, against -32.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 10th highest of 20 in its peer set.

Growth Revenue grew 48.8% over the last twelve months (peer median +19.5%); the operating margin is 21.4% (peer median 9.2%).

Valuation It trades at 27.2× forward earnings against a peer median of 28.4× (7th cheapest of 14).

Capital Return on invested capital runs 6.1 points above its cost of capital (10.7% WACC).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

7510012511 May 202611 Aug 20266 Nov 20268021.TW 73Peer median 68
Six months, rebased to 100: Topoint Technology against the median of its 20 peers (local-currency closes).

Topoint Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$5.68BNT$4.41BNT$3.54BNT$2.75BNT$3.51B
Revenue growth—+25%+29%-22%—
Gross profitNT$2.03BNT$1.30BNT$866MNT$559MNT$1.01B
EBITDANT$1.58BNT$999MNT$651MNT$455MNT$810M
Net incomeNT$730MNT$389MNT$206M-NT$36.0MNT$332M
Free cash flow-NT$1.04BNT$279M-NT$399MNT$42.4MNT$140M
Capital expenditureNT$1.62BNT$409MNT$591MNT$377MNT$644M
Total debtNT$1.29BNT$743MNT$660MNT$585MNT$633M

Quarterly statements and history in the cockpit →

Topoint Technology 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%-25%0%+25%+50%-40%-20%0%603915688698KIRLOSBROSSRL60360130136930139268855930133833937734303068860561823004150008376031853011288021.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Topoint Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%+80%0×50×100×150×6039156886986036016885593013383393773468805968860561823004150008376031858021.TWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Topoint Technology is the large dot.

Topoint Technology competitors and peer comparison

Head to head with its named competitors (8021.TW vs 6278.T vs 301377.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Topoint Technology 8021.TW$1.37B-28%+49%21%27.2×n/a
Union Tool 6278.T$1.20B-41%+40%25%14.8×22.0%
Guangdong Dtech Technology 301377.SZ$9.23B-18%+119%36%50.9×n/a

How Topoint Technology 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.

Topoint Technology against its 20 peers (data as of 6 Nov 2026)
Measure8021.TWPeer medianRank in peer set
1-month return-44.9%-15.4%2nd lowest of 20
6-month return-27.7%-32.6%10th highest of 20
Distance from 52-week high-50.8%-60.5%6th highest of 20
Revenue growth (TTM)+48.8%+19.5%4th highest of 20
Operating margin21.4%9.2%4th highest of 20
Forward P/E27.2×28.4×7th cheapest of 14
ROIC minus cost of capital+6.1 pp-1.8 pp4th highest of 19
EV / EBITDA28.0×23.9×2nd most expensive of 6
Net debt / EBITDA-1.1×-0.3×2nd least indebted of 7

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
Topoint Technology 8021.TWTaiwan$1.37B-28%+49%21%27.2×n/an/a
Jiangsu Guomao Reducer 603915.SSChina$1.37B-11%+11%9%28.4×16.3%+4.0%
Suzhou Veichi Electric 688698.SSChina$1.37B-38%+20%7%36.4×n/an/a
Kirloskar Brothers KIRLOSBROS.NSIndia$1.37B-8%+11%9%n/a33.9%+10.8%
Sunrise Energy Metals SRL.AXAustralia$1.38B-16%n/an/an/an/an/a
Chongqing Zaisheng Technology 603601.SSChina$1.35B-50%-6%1%158.2×39.7%-7.5%
PowerTECH 301369.SZChina$1.34B-26%+56%3%n/an/an/a
Guangdong Huicheng Vacuum Technology 301392.SZChina$1.41B-25%+48%7%n/an/an/a
Bonfiglioli Transmissions BONFIG.NSIndia$1.33Bn/a+9%16%n/an/an/a
Hymson Laser Technology 688559.SSChina$1.41B-34%+78%1%22.0×11.9%+26.3%
GKG Precision Machine 301338.SZChina$1.32B-57%+38%17%24.8×n/an/a
Wasion 3393.HKHong Kong$1.43B-59%+22%16%8.0×-11.3%+19.7%
Ableprint Technology 7734.TWOTaiwan$1.31B-58%+48%50%20.7×18.8%+10.1%
Test Research 3030.TWTaiwan$1.44B-51%+32%40%n/a-2.5%+11.3%
Zhuzhou Huarui Precision Cutting Tools 688059.SSChina$1.44B-33%+23%36%18.1×n/an/a
Sprint Precision Technologies 688605.SSChina$1.31B-3%+16%10%61.2×n/an/a
Wafer Works 6182.TWOTaiwan$1.30B+42%+9%4%36.0×n/an/a
Yizumi 300415.SZChina$1.29B-25%+13%11%11.9×9.6%+17.4%
Qinchuan Machine Tool & Tool Group Share 000837.SZChina$1.46B-14%+8%-4%105.7×n/an/a
Hongyuan Green Energy 603185.SSChina$1.46B-34%+14%-15%51.1×n/an/a
Shenzhen Qiangrui Precision Technology 301128.SZChina$1.46B-47%+56%10%n/an/an/a

Questions

Who are Topoint Technology's main competitors?
Named competitors: Union Tool (6278.T), Dingtai Hi-Tech (301377.SZ), Jinzhou Precision (private or unlisted). The cockpit's measured peer set (industry) also includes Jiangsu Guomao Reducer (603915.SS), Suzhou Veichi Electric (688698.SS), Kirloskar Brothers (KIRLOSBROS.NS), Sunrise Energy Metals (SRL.AX), Chongqing Zaisheng Technology (603601.SS), PowerTECH (301369.SZ).
Is Topoint Technology expensive compared with its peers?
On forward p/e it trades at 27.2× against a peer median of 28.4×, 7th cheapest of 14 in its peer set.
How has Topoint Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -27.7% against -32.6% for the median peer; over one year +180.5%.

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.