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Taiwanese maker of server chassis and computer cases for data-center and enterprise server OEMs.
Taiwanese maker of server chassis and computer cases for data-center and enterprise server OEMs.
Sells metal enclosures and, increasingly, rack-level assemblies for servers, designed with customers and shipped through server makers. Demand follows data-centre build-outs and AI server programmes.
In one line: A hidden chassis-maker behind branded servers.
Moat: narrow (process know-how, customer qualification). Qualified mechanical-design supplier embedded in server OEM/ODM supply chains.
Headquarters: New Taipei City, Taiwan · Founded: 1994 · Employees: 3,334
Size Chenbro Micom (8210.TW) is a Taiwan Industrials company (Industrial Machinery) with a market value of $2.06B, the 167th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$546.00 on 6 Nov 2026.
Performance Over six months the shares fell 56.8%, against -9.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — lowest of 18 in its peer set.
Growth Revenue grew 54.1% over the last twelve months (peer median +10.8%); the operating margin is 23.1% (peer median 11.1%).
Valuation It trades at 10.4× forward earnings against a peer median of 19.6× (3rd cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -24 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 50.8 points above its cost of capital (8.2% WACC).
Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$27.3B | NT$22.0B | NT$14.5B | NT$11.2B | NT$10.6B |
| Revenue growth | — | +52% | +29% | +7% | — |
| Gross profit | NT$8.64B | NT$6.58B | NT$3.78B | NT$2.57B | NT$2.12B |
| EBITDA | NT$6.75B | NT$5.09B | NT$2.79B | NT$1.74B | NT$1.52B |
| Net income | NT$4.78B | NT$3.56B | NT$1.93B | NT$1.09B | NT$999M |
| Free cash flow | NT$2.31B | NT$2.11B | NT$1.91B | NT$2.31B | -NT$272M |
| Capital expenditure | NT$1.98B | NT$1.00B | NT$797M | NT$245M | NT$899M |
| Total debt | NT$4.66B | NT$2.96B | NT$3.67B | NT$3.53B | NT$4.22B |
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 |
|---|---|---|---|---|---|---|
| Chenbro Micom 8210.TW | $2.06B | -57% | +54% | 23% | 10.4× | 0.3% |
| AURAS Technology 3324.TWO | $2.90B | -10% | +71% | 16% | 15.1× | n/a |
| AIC 3693.TWO | $667M | -22% | -21% | 8% | n/a | 22.9% |
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 | 8210.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -38.6% | +1.3% | lowest of 21 |
| 6-month return | -56.8% | -9.1% | lowest of 18 |
| Distance from 52-week high | -65.7% | -22.4% | lowest of 21 |
| Revenue growth (TTM) | +54.1% | +10.8% | 4th highest of 21 |
| Operating margin | 23.1% | 11.1% | 2nd highest of 21 |
| Forward P/E | 10.4× | 19.6× | 3rd cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 0.3% | -1.2% | 7th least demanding of 13 |
| Growth delivered (Del g) | +23.9% | +10.2% | highest of 13 |
| Hurdle (Req g minus delivered) | -23.5 pp | -8.2 pp | least demanding of 13 |
| ROIC minus cost of capital | +50.8 pp | +2.6 pp | highest of 20 |
| EV / EBITDA | 9.5× | 11.2× | 5th cheapest of 11 |
| Net debt / EBITDA | -0.7× | -0.4× | 5th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chenbro Micom 8210.TW | Taiwan | $2.06B | -57% | +54% | 23% | 10.4× | 0.3% | +23.9% |
| Burckhardt Compression BCHN.SW | Switzerland | $2.07B | -3% | -15% | 13% | 18.6× | -7.8% | +9.9% |
| Guangdong Topstar Technology 300607.SZ | China | $2.05B | -1% | +20% | 7% | 88.9× | 31.0% | -1.8% |
| Miura 6005.T | Japan | $2.05B | -11% | +6% | 11% | 11.6× | -4.3% | +14.8% |
| Shenzhen Hongfuhan Technology 301086.SZ | China | $2.04B | -23% | +58% | 14% | 27.7× | n/a | n/a |
| Direct Drive Tech 6731.HK | Hong Kong | $2.02B | n/a | +253% | -38% | n/a | n/a | n/a |
| Shenyang Machine Tool 000410.SZ | China | $2.11B | -14% | +29% | -3% | n/a | 25.3% | +22.7% |
| Landis+Gyr LAND.SW | Switzerland | $2.01B | +17% | -22% | 25% | 21.5× | -10.2% | -5.7% |
| Max 6454.T | Japan | $2.01B | +1% | +11% | 18% | 19.4× | 2.4% | +9.2% |
| Xi'an Shaangu Power 601369.SS | China | $2.00B | -22% | -5% | 7% | 18.2× | -11.1% | +3.2% |
| Kaishan 300257.SZ | China | $2.00B | -56% | +12% | 15% | 22.0× | n/a | n/a |
| Enerpac Tool EPAC | United States | $1.99B | +9% | +6% | 20% | 18.8× | 3.8% | +4.3% |
| Makino Milling Machine 6135.T | Japan | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% | +17.5% |
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Kunshan Kersen Science & Technology 603626.SS | China | $2.22B | +7% | -24% | -22% | 31.3× | n/a | n/a |
| Wuxi Autowell Technology 688516.SS | China | $2.22B | -42% | -14% | 8% | 23.4× | n/a | n/a |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |