Victory For Technology Co., Ltd.

NT$73.50As of Sun 8 Nov 2026, 12:00 UTC

TPEx:6979—

Country Taiwan

PE (Fwd) 11.66

TSR 2Y CAGR (2.78%)

Div yield —

ROE 34.57%

—

Beta (5Y) —

PE TTM 12.48

TSR TTM (32.83%)

Mkt cap NT$882.0M

ROIC 89.90%

SE Grade™

Value

Quality

Moat

1Y Price

Reference

NT$79

7.73%

36.55%

Price below Reference Value

TTM

FYE 31 Dec TWD

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

5Y

10Y

Peers

705.8

RevenueNT$M

—

—

—

—

—

—

402.9

343.0

581.1

705.8

740.1

20.55%

—

—

21.46

Revenue growth%

—

—

—

—

—

—

—

(14.87)

69.41

21.46

4.85

21.46

—

—

24.16

Gross margin%

—

—

—

—

—

—

26.50

20.33

21.76

24.16

23.77

22.96

—

—

11.24

Operating margin%

—

—

—

—

—

—

6.42

(1.94)

7.83

11.24

10.72

7.13

—

—

10.02

Net margin%

—

—

—

—

—

—

2.96

0.86

7.09

10.02

9.89

5.03

—

—

12.48

P/E ratio (avg)x

—

—

—

—

—

—

—

—

22.67

17.90

12.06

20.28

—

—

9.414

EV/EBITx

—

—

—

—

—

—

—

—

18.38

14.26

8.436

16.32

—

—

9.23

FCF yield (avg)%

—

—

—

—

—

—

—

—

10.29

6.44

8.93

8.36

—

—

11.55

FCF margin%

—

—

—

—

—

—

18.00

3.68

16.55

11.55

10.65

14.05

—

—

1.152

FCF / Net incomex

—

—

—

—

—

—

6.082

4.288

2.332

1.152

1.077

3.310

—

—

89.90

ROIC%

—

—

—

—

—

—

17.96

(4.90)

41.84

89.90

94.13

29.90

—

—

34.57

Return on equity%

—

—

—

—

—

—

10.55

2.69

28.12

34.57

28.31

19.34

—

—

15.02

Return on assets%

—

—

—

—

—

—

3.40

0.95

9.79

15.02

13.45

6.60

—

—

5.89

EPSNT$

—

—

—

—

—

—

1.19

0.25

3.61

5.89

6.09

70.40%

—

—

62.99

EPS growth%

—

—

—

—

—

—

—

(79.37)

1371.55

62.99

3.48

62.99

—

—

18.48

Bookvalue per shNT$

—

—

—

—

—

—

11.28

8.83

16.41

18.48

24.57

17.89%

—

—

6.78

FCF per shareNT$

—

—

—

—

—

—

7.24

1.05

8.43

6.78

6.56

(2.14%)

—

—

—

Dividend per shNT$

—

—

—

—

—

—

—

—

—

—

—

—

—

—

—

Div yield (avg)%

—

—

—

—

—

—

—

—

—

—

—

—

—

89

—

Payout ratio%

—

—

—

—

—

—

—

—

—

—

—

—

—

—

12.00

Shares (diluted)M

—

—

—

—

—

—

10.02

12.00

11.41

12.02

◌12.02

6.24%

—

—

(5.29)

Buyback yield%

—

—

—

—

—

—

—

(19.76)

4.91

(5.29)

◌—

(5.29)

—

—

0.070

D/E ratiox

—

—

—

—

—

—

0.870

0.748

0.121

0.070

0.052

0.434

—

—

0.747

Enterprise valueNT$B

—

—

—

—

—

—

—

—

0.837

1.132

0.669

35.27%

—

—

8.717

LT debtNT$M

—

—

—

—

—

—

38.23

10.58

11.72

8.717

8.717

(38.91%)

—

—

Peers (US$26.28M)

Cap (US$)

PE

HUA YANG Precision…

130.6M

53.28x

Rapidtek Technologies…

91.15M

—

Wieson Technologies…

49.64M

10.84x

26.42M

—

Capital

TTM

5Y

10Y

Leveragex

(1.325)

(0.340)

(0.340)

EBIT/Intx

72.02

26.85

26.85

Own earn%

—

—

—

Sh yield%

(5.29)

(5.29)

(5.29)

Owners

Insiders/Inst%

29.42

2.03

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

4/4

Revenue growth years

2/3

EPS growth years

2/3

Dividend streakyrs

0

Op margin range%

−2–11

$1 testx

—

Incr. ROIC%

—

Growth vs revenue

Latest

Trend

3Y CAGR

Rel growth

Revenue

NT$705.8M

20.55%

1.00×

Cost of revenue

NT$535.3M

21.81%

1.03×

Operating expenses

NT$91.15M

4.05%

0.64×

Asset mix

Share

Trend

Other

68.06%

Cash and investments

31.92%

Reinvestment returns

5Y median

Trend

Reinvestment rate

(26.43%)

Return on capital

29.90%

Spread over hurdle

22.27%