Forward Science Corp.

NT$28.45As of Sun 8 Nov 2026, 12:00 UTC

TPEx:7530Industrials

Country Taiwan

PE (Fwd) —

TSR 5Y CAGR (17.00%)

Div yield —

ROE (23.02%)

Specialty Industrial Machinery

Beta (5Y) —

PE TTM —

TSR TTM 81.21%

Mkt cap NT$1.323B

ROIC (12.28%)

SE Grade™

—

Value

Quality

Moat

1Y Price

Reference

NT$30

6.84%

17.87%

Price below Reference Value

TTM

FYE 31 Dec TWD

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

166.8

RevenueNT$M

—

241.2

298.9

212.8

166.8

165.4

(11.58%)

—

(21.64)

Revenue growth%

—

23.91

(28.80)

(21.64)

(0.81)

(21.64)

—

8.17

Gross margin%

—

21.83

23.61

18.91

8.17

8.28

20.37

—

(44.61)

Operating margin%

—

(24.69)

(8.09)

(27.11)

(44.61)

(43.57)

(25.90)

—

(52.69)

Net margin%

—

(28.83)

(9.01)

(30.19)

(52.69)

(51.45)

(29.51)

—

P/E ratio (avg)x

—

EV/EBITx

—

(3.28)

FCF yield (avg)%

—

(13.92)

(1.71)

(2.36)

(5.28)

(2.49)

(3.82)

—

(21.99)

FCF margin%

—

(92.43)

(10.32)

(13.16)

(21.99)

(16.86)

(17.57)

—

0.417

FCF / Net incomex

—

3.207

1.146

0.436

0.417

—

0.791

—

(12.28)

ROIC%

—

(9.86)

(3.80)

(8.88)

(12.28)

(13.07)

(9.37)

—

(23.02)

Return on equity%

—

(16.76)

(6.70)

(15.81)

(23.02)

(28.72)

(16.28)

—

(12.79)

Return on assets%

—

(9.15)

(3.52)

(8.53)

(12.79)

(14.14)

(8.84)

—

(2.23)

EPSNT$

—

(1.98)

(0.79)

(1.87)

(2.23)

(2.16)

—

(19.34)

EPS growth%

—

59.93

(136.07)

(19.34)

3.15

(19.34)

—

8.61

Bookvalue per shNT$

—

11.81

11.43

12.37

8.61

6.45

(9.98%)

—

(0.93)

FCF per shareNT$

—

(6.35)

(0.91)

(0.82)

(0.93)

(0.71)

—

Dividend per shNT$

—

Div yield (avg)%

—

Payout ratio%

—

46.50

Shares (diluted)M

—

35.14

33.95

34.33

39.34

◌39.34

3.83%

—

(14.58)

Buyback yield%

—

3.39

(1.13)

(14.58)

◌—

(1.13)

—

0.848

D/E ratiox

—

0.507

0.772

0.628

0.848

1.133

0.700

—

1.564

Enterprise valueNT$B

—

1.791

2.079

1.393

0.936

1.388

(19.45%)

—

83.94

LT debtNT$M

—

87.39

128.9

105.1

83.94

(1.33%)

—

Peers (US$29.54M)

Cap (US$)

LNC Technology Co., Ltd

31.40M

—

Chiu Ting Machinery…

28.53M

17.23x

Lung Pien Vacuum…

27.32M

17.20x

PyroGenesis Inc.

30.44M

—

Capital

TTM

10Y

Leveragex

—

23.67

EBIT/Intx

(10.72)

(8.541)

Own earn%

—

Sh yield%

(14.58)

(1.13)

Owners

Insiders/Inst%

16.63

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

0/4

Revenue growth years

1/3

EPS growth years

1/3

Dividend streakyrs

Op margin range%

−45–−8

$1 testx

—

Incr. ROIC%

—

Forward Science Corp. manufactures vacuum pumps in Taiwan. It offers vacuum equipment, as well as repair and maintenance services; precision mechanism and OEM/ODM manufacturing services; and intelligent electromechanical systems, which include central management system, prognostic and health management, artificial intelligence testing platform, and smart manufacturing.

Growth vs revenue

Latest

Trend

3Y CAGR

Rel growth

Revenue

NT$166.8M

(11.58%)

1.00×

Cost of revenue

NT$153.1M

(6.70%)

1.17×

Operating expenses

NT$88.03M

(7.78%)

1.13×

Asset mix

Trend

Other

93.26%

Cash and investments

6.74%

Reinvestment returns

No breakdown available