TEINCO Technology Co.,Ltd.

NT$33.95As of Sun 8 Nov 2026, 12:00 UTC

TPEx:7877—

Country Taiwan

PE (Fwd) •••

TSR 10Y CAGR —

Div yield 5.89%

ROE —

—

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap —

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

NT$41

19.58%

89.22%

Sell 2|12|5|6|12

TTM

FYE 31 Dec TWD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

6.555

RevenueNT$B

4.033

4.196

4.512

4.894

5.157

5.489

5.816

6.166

6.498

6.778

7.109

5.62%

5.83%

19.78

Revenue growth%

4.91

3.07

4.82

4.27

3.32

6.21

5.09

5.80

8.43

6.19

14.84

6.19

5.00

14.27

Gross margin%

9.27

7.45

7.74

7.38

6.95

7.41

7.80

10.17

11.96

14.30

24.86

10.17

7.77

21.17

Operating margin%

13.87

13.91

13.64

11.97

11.38

13.83

14.85

15.47

16.65

14.21

5.86

14.85

13.89

23.05

Net margin%

31.10

28.12

26.07

28.32

26.29

25.61

24.16

23.72

21.66

22.99

21.96

23.72

25.84

12.22

P/E ratio (avg)x

8.273

7.803

8.067

7.852

8.297

9.239

9.510

9.635

10.97

11.99

19.80

9.635

8.768

27.13

EV/EBITx

42.52

42.32

46.88

50.76

49.84

52.63

54.77

62.36

61.48

59.27

25.75

59.27

51.70

29.31

FCF yield (avg)%

24.13

23.34

22.00

21.96

19.79

18.69

15.85

18.20

18.59

21.47

10.33

18.59

20.63

16.21

FCF margin%

21.91

23.14

24.53

22.84

22.20

23.36

24.54

24.09

26.47

25.64

8.78

24.54

23.72

1.160

FCF / Net incomex

1.460

1.237

1.337

1.146

1.115

1.202

1.108

1.061

0.905

0.923

0.698

1.061

1.130

4.75

ROIC%

26.95

29.82

32.63

30.69

30.10

29.56

29.11

31.27

33.62

34.44

29.80

31.27

30.40

9.82

Return on equity%

26.44

23.45

21.49

21.01

20.99

19.56

20.40

22.68

21.53

21.65

16.90

21.53

21.51

9.82

Return on assets%

17.96

17.03

15.38

14.02

11.67

13.51

15.64

14.67

17.50

18.60

12.35

15.64

15.51

2.05

EPSNT$

6.55

6.36

6.21

6.89

7.08

7.63

8.40

8.75

10.52

12.35

2.09

11.77%

8.11%

—

5.92

EPS growth%

16.88

16.89

16.02

14.01

11.06

11.29

9.39

10.53

12.30

10.81

9.59

10.81

11.79

2.41

Bookvalue per shNT$

2.47

2.56

2.42

2.73

2.65

3.01

3.15

3.01

2.94

3.39

4.98

4.99%

2.86%

—

6.40

FCF per shareNT$

1.50

1.45

1.40

1.46

1.53

1.56

1.61

1.65

1.77

3.70

3.97%

2.85%

—

2.42

Dividend per shNT$

5.08

5.46

5.96

6.32

6.28

6.23

6.24

6.99

7.39

7.62

2.80

3.94%

5.87%

—

16.62

Div yield (avg)%

14.86

17.15

14.87

13.94

13.72

14.92

14.19

14.10

16.83

19.66

16.24

14.92

14.86

22.12

Payout ratio%

3.37

5.93

6.51

6.96

6.42

5.55

3.79

1.11

0.40

18.62

1.11

4.67

161.9

Shares (diluted)M

152.5

157.0

171.0

179.3

176.0

194.6

180.3

182.2

196.4

215.6

161.9

4.14%

2.74%

12.79

Buyback yield%

8.99

7.90

6.30

4.74

3.24

3.49

1.52

0.40

1.04

0.40

10.92

1.04

3.37

1.165

D/E ratiox

1.617

1.741

1.861

2.246

2.709

2.824

2.899

3.079

3.331

3.803

0.340

3.079

2.766

1.777

Enterprise valueNT$B

6.926

7.674

8.614

7.808

8.549

7.767

8.210

7.727

7.374

7.790

2.447

(1.84%)

0.67%

5.990

LT debtNT$B

1.366

1.160

1.172

1.095

1.028

1.001

0.954

0.840

0.795

0.818

7.217

(4.46%)

(6.41%)

Peers (US$40.37M)

Cap (US$)

Santi Renewable Energy…

71.39M

—

Solming Green Energy…

47.01M

—

Greenrock Energy Co.…

25.66M

—

Wasco Greenergy Berhad

40.06M

6.123x

Capital

TTM

10Y

Leveragex

0.606

1.341

1.325

EBIT/Intx

0.531

1.132

0.969

Own earn%

98.51

(108.23)

(112.77)

Sh yield%

29.42

17.87

18.55

Owners

Insiders/Inst%

11.25

58.87

Short interest%

3.58

SBC / revenue%

3.15

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

11–17

$1 testx

−0.2

Incr. ROIC%

TEINCO Technology Co.,Ltd. engages in the development, construction, operation, and maintenance of solar power plants in Taiwan. The company offers renewable energy solutions and energy transition services. The company was founded in 2006 and is based in Taipei, Taiwan.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

NT$6.778B

5.83%

1.00×

Cost of revenue

NT$3.338B

5.61%

0.98×

Operating expenses

NT$1.455B

5.90%

1.01×