Tan De Tech Co., Ltd

NT$23.15As of Sun 8 Nov 2026, 12:00 UTC

TPEx:6867Consumer Cycl

Country Taiwan

PE (Fwd) —

TSR 4Y CAGR (11.94%)

Div yield —

ROE (6.40%)

Auto Parts

Beta (5Y) —

PE TTM —

TSR TTM (17.62%)

Mkt cap NT$567.2M

ROIC 18.55%

SE Grade™

Value

Quality

Moat

1Y Price

Reference

NT$24

3.30%

106.92%

Price below Reference Value

TTM

FYE 31 Dec TWD

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

426.4

RevenueNT$M

—

465.7

542.3

435.2

426.4

436.2

(2.90%)

—

(2.03)

Revenue growth%

—

16.45

(19.75)

(2.03)

2.30

(2.03)

—

29.79

Gross margin%

—

34.85

35.50

24.59

29.79

29.83

32.32

—

11.64

Operating margin%

—

11.16

12.05

7.65

11.64

11.69

11.40

—

(6.43)

Net margin%

—

10.26

9.53

6.51

(6.43)

(6.47)

8.02

—

P/E ratio (avg)x

—

38.73

38.14

45.64

—

38.73

—

8.245

EV/EBITx

—

35.83

29.68

33.92

—

10.58

33.92

—

12.88

FCF yield (avg)%

—

(2.09)

4.64

12.16

7.57

14.02

6.10

—

24.50

FCF margin%

—

(8.31)

16.85

36.11

24.50

26.07

20.67

—

(3.812)

FCF / Net incomex

—

(0.810)

1.768

5.551

(3.812)

—

0.479

—

18.55

ROIC%

—

9.88

12.85

7.99

18.55

41.58

11.36

—

(6.40)

Return on equity%

—

9.29

9.97

5.51

(6.40)

(8.36)

7.40

—

(6.10)

Return on assets%

—

6.25

7.17

4.81

(6.10)

(6.71)

5.53

—

(0.78)

EPSNT$

—

1.50

1.47

0.81

(0.78)

(0.81)

(26.57%)

—

(196.81)

EPS growth%

—

(1.60)

(45.20)

(196.81)

(3.02)

(45.20)

—

10.04

Bookvalue per shNT$

—

16.13

14.92

14.40

10.04

9.23

(14.62%)

—

2.98

FCF per shareNT$

—

(1.21)

2.61

4.48

2.98

3.25

6.94%

—

Dividend per shNT$

—

Div yield (avg)%

—

100

—

Payout ratio%

—

24.50

Shares (diluted)M

—

25.03

31.88

35.05

35.04

—

◌35.04

11.87%

—

Buyback yield%

—

(27.36)

(9.93)

0.01

—

(9.93)

—

0.018

D/E ratiox

—

0.274

0.173

0.034

0.018

0.020

0.103

—

0.409

Enterprise valueNT$B

—

1.861

1.939

1.129

—

0.539

(22.12%)

—

LT debtNT$M

—

30.78

—

Peers (US$17.35M)

Cap (US$)

Da Hui Limited

19.57M

15.77x

JET Optoelectronics…

19.14M

—

Jui Li Enterprise Co.…

18.65M

33.11x

Mitsuchi Corporation

18.23M

15.19x

Capital

TTM

10Y

Leveragex

(1.372)

(0.796)

EBIT/Intx

59.21

17.37

Own earn%

—

Sh yield%

—

(9.93)

Owners

Insiders/Inst%

13.14

29.42

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

3/4

Revenue growth years

1/3

EPS growth years

0/3

Dividend streakyrs

Op margin range%

8–12

$1 testx

—

Incr. ROIC%

—

Tan De Tech Co., Ltd develops and sells automotive LED headlights for various car manufacturers. It also offers taillights, direction lights, fog lights, daytime running lights, and other vehicle exterior lighting fixtures. The company was founded in 2013 and is based in Douliu, Taiwan.

Growth vs revenue

Latest

Trend

3Y CAGR

Rel growth

Revenue

NT$426.4M

(2.90%)

1.00×

Cost of revenue

NT$299.4M

(0.44%)

1.08×

Operating expenses

NT$77.38M

(11.16%)

0.77×

Asset mix

Trend

Other

63.39%

Cash and investments

36.61%

Reinvestment returns

5Y median

Trend

Reinvestment rate

(87.31%)

Return on capital

11.36%

Spread over hurdle

8.08%