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Taiwan maker of LCD/mini-LED manufacturing equipment and semiconductor automation systems, now expanding into laser technology.
Taiwan maker of LCD/mini-LED manufacturing equipment and semiconductor automation systems, now expanding into laser technology.
Sells made-to-order machines for display and chip factories, so sales follow when panel and semiconductor makers expand lines. Mini-LED test, repair and laser equipment and wafer-handling automation (the module that moves wafers into process tools) are the two lines that matter, with laser technology the newest extension.
In one line: A niche display/semiconductor equipment maker diversifying into lasers.
Moat: narrow (process know-how). Specialized display and semiconductor process-equipment know-how in a competitive, capex-driven equipment market.
Headquarters: Tainan, Taiwan · Founded: 1987
Size Contrel Technology (8064.TWO) is a Taiwan Information Technology company (Semiconductors) with a market value of $469M, the 467th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$83.90 on 6 Nov 2026.
Performance Over six months the shares fell 32.9%, against -20.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 28.4% over the last twelve months (peer median +11.4%); the operating margin is 14.9% (peer median 2.2%).
Valuation It trades at 4.2× enterprise value to sales against a peer median of 4.1× (11th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is -5%, so the hurdle is +24 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.
Capital Return on invested capital runs 11.8 points above its cost of capital (9.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$3.07B | NT$2.87B | NT$2.60B | NT$2.99B | NT$3.92B |
| Revenue growth | — | +10% | -13% | -24% | — |
| Gross profit | NT$977M | NT$767M | NT$636M | NT$604M | NT$845M |
| EBITDA | NT$546M | NT$367M | NT$122M | NT$205M | NT$299M |
| Net income | NT$449M | NT$225M | NT$131M | NT$158M | NT$336M |
| Free cash flow | NT$504M | NT$620M | NT$652M | NT$227M | -NT$88.9M |
| Capital expenditure | NT$40.4M | NT$58.6M | NT$49.3M | NT$10.0M | NT$46.9M |
| Total debt | NT$425M | NT$541M | NT$660M | NT$875M | NT$881M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Contrel Technology 8064.TWO | $469M | -33% | +28% | 15% | 4.2× | 18.2% |
| Innostar Service 7828.TWO | $1.29B | -18% | +117% | 43% | 36.9× | 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 | 8064.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -38.5% | -24.3% | 4th lowest of 21 |
| 6-month return | -32.9% | -20.2% | 5th lowest of 21 |
| Distance from 52-week high | -55.7% | -48.2% | 5th lowest of 21 |
| Revenue growth (TTM) | +28.4% | +11.4% | 7th highest of 21 |
| Operating margin | 14.9% | 2.2% | 5th highest of 21 |
| EV / Sales | 4.2× | 4.1× | 11th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 18.2% | 10.9% | 3rd most demanding of 8 |
| Growth delivered (Del g) | -5.5% | +9.2% | lowest of 8 |
| Hurdle (Req g minus delivered) | +23.7 pp | +1.3 pp | 2nd most demanding of 8 |
| ROIC minus cost of capital | +11.8 pp | -4.7 pp | 3rd highest of 21 |
| EV / EBITDA | 23.4× | 9.7× | 4th most expensive of 9 |
| Net debt / EBITDA | -5.4× | -0.3× | 2nd least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Contrel Technology 8064.TWO | Taiwan | $469M | -33% | +28% | 15% | 4.2× | 18.2% | -5.5% |
| Lake Materials 281740.KS | South Korea | $468M | -58% | +6% | 11% | 5.4× | n/a | n/a |
| Maxic Technology 688458.SS | China | $468M | -14% | +7% | -14% | 4.0× | n/a | n/a |
| SAMT 031330.KS | South Korea | $464M | -9% | +104% | 8% | 0.2× | n/a | n/a |
| China Chippacking Technology 688216.SS | China | $463M | -14% | +56% | 2% | 3.3× | 20.2% | +7.0% |
| PCL Technologies 4977.TW | Taiwan | $454M | -23% | -26% | 2% | 13.1× | n/a | n/a |
| Jiawei Renewable Energy 300317.SZ | China | $484M | -24% | +16% | -21% | 6.0× | n/a | n/a |
| IntelliEPI Inc. (Cayman) 4971.TWO | Taiwan | $452M | -60% | +31% | 19% | 12.9× | n/a | n/a |
| Japan Electronic Materials 6855.T | Japan | $451M | -31% | +38% | 26% | 1.6× | 10.9% | +9.7% |
| S & S Tech 101490.KS | South Korea | $451M | -71% | +20% | 20% | 2.2× | n/a | n/a |
| Raydium Semiconductor 3592.TW | Taiwan | $488M | -10% | +6% | 5% | 0.7× | 0.8% | +9.2% |
| Guangzhou Anyka Microelectronics 688620.SS | China | $449M | -11% | +70% | 1% | 3.2× | n/a | n/a |
| Anpec Electronics 6138.TWO | Taiwan | $449M | -20% | +18% | 19% | 1.6× | -1.6% | +6.8% |
| Taiwan-Asia Semiconductor 2340.TW | Taiwan | $448M | -19% | 0% | -26% | 4.2× | n/a | n/a |
| ShenZhen Longtu Photomask Co., Ltd.Class A 688721.SS | China | $492M | -31% | +13% | 5% | 12.0× | n/a | n/a |
| Triductor Technology (Suzhou) 688259.SS | China | $446M | -30% | -32% | -16% | 8.3× | 55.4% | +11.6% |
| Truelight 3234.TWO | Taiwan | $443M | +8% | +10% | -24% | 20.9× | n/a | n/a |
| Cheng Mei Instrument Technology 7853.TWO | Taiwan | $442M | -20% | +2% | -46% | 37.8× | n/a | n/a |
| Phoenix Pioneer Technology 6920.TWO | Taiwan | $442M | -44% | +32% | -10% | 8.8× | n/a | n/a |
| Clenergy Technology 603628.SS | China | $441M | -13% | -21% | 4% | 2.3× | 13.0% | +18.4% |
| ITH 6962.TW | Taiwan | $436M | -17% | -3% | 2% | 0.6× | 1.4% | -4.9% |