Greenharvest Co., Ltd.

NT$31.50As of Sun 8 Nov 2026, 12:00 UTC

TPEx:7944Utilities

Country Taiwan

PE (Fwd) •••

TSR 10Y CAGR —

Div yield —

ROE —

Utilities (Renewable)

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap NT$994.9M

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

NT$39

24.23%

(78.70%)

Hold 3|7|3|9|4

TTM

FYE 31 Dec TWD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

152.5

RevenueNT$M

224.9

233.6

244.0

255.9

265.4

270.3

277.4

287.9

296.8

301.9

165.0

2.61%

3.47%

3.05

Revenue growth%

7.50

5.12

3.66

3.00

1.26

0.40

1.84

0.40

8.90

0.40

1.55

24.99

Gross margin%

5.26

2.27

0.40

1.21

0.90

1.07

3.34

3.65

8.05

1.21

1.14

18.98

Operating margin%

9.36

11.98

9.74

11.55

11.22

9.73

12.08

10.58

10.11

7.60

17.56

10.11

10.34

14.87

Net margin%

16.29

13.73

14.24

13.72

13.90

11.77

13.24

14.46

16.60

19.24

14.42

14.46

14.07

26.09

P/E ratio (avg)x

22.21

25.92

30.13

35.04

40.35

41.45

43.19

50.43

58.77

65.54

34.03

50.43

40.90

21.18

EV/EBITx

12.97

13.28

11.66

11.41

10.30

11.23

10.95

9.740

10.35

9.097

7.338

10.35

11.09

18.22

FCF yield (avg)%

27.75

26.45

28.12

27.97

25.09

27.17

29.63

28.11

26.91

29.14

17.07

28.11

27.86

10.49

FCF margin%

23.81

26.76

25.29

27.55

28.84

27.49

26.12

25.41

26.63

25.91

17.72

26.12

26.38

1.047

FCF / Net incomex

0.259

0.276

0.281

0.282

0.301

0.287

0.296

0.314

0.347

0.344

1.358

0.314

0.292

16.45

ROIC%

25.19

27.57

26.67

24.18

21.24

19.79

17.37

18.89

18.18

18.76

28.05

18.76

20.52

21.39

Return on equity%

21.31

19.42

18.35

19.71

17.39

14.90

15.78

13.26

13.93

16.72

25.61

14.90

17.06

14.98

Return on assets%

22.57

20.12

21.34

21.58

18.98

16.14

18.13

17.60

16.57

15.95

7.88

16.57

18.56

3.32

EPSNT$

3.09

3.44

4.04

4.45

4.35

4.98

5.97

6.37

7.11

8.43

3.50

14.13%

10.52%

—

27.88

EPS growth%

4.65

6.42

3.43

5.72

7.24

6.43

3.48

6.27

8.00

9.16

15.28

6.43

6.35

0.61

Bookvalue per shNT$

1.30

1.28

1.44

1.46

1.61

1.70

1.57

1.62

1.56

1.63

1.36

0.29%

2.43%

—

1.26

FCF per shareNT$

2.85

3.18

3.64

3.62

4.06

4.26

4.69

4.87

4.92

5.57

0.71

6.56%

6.02%

—

0.86

Dividend per shNT$

3.57

4.20

4.97

5.46

5.62

6.05

6.87

6.60

6.98

7.08

0.76

4.72%

8.84%

—

12.56

Div yield (avg)%

6.92

5.61

6.64

7.37

8.81

10.89

8.26

5.66

5.60

3.74

3.33

5.66

6.78

21.17

Payout ratio%

6.34

4.62

2.42

0.40

2.47

4.13

3.67

4.72

5.31

7.42

4.13

3.90

31.47

Shares (diluted)M

32.36

30.83

29.04

29.11

27.13

28.13

27.95

30.14

30.49

32.00

31.64

3.36%

(0.14%)

22.80

Buyback yield%

27.45

24.49

25.00

24.34

26.07

23.62

26.29

25.25

26.45

23.59

25.93

25.25

25.13

1.030

D/E ratiox

1.637

1.660

1.611

1.797

1.696

1.985

2.213

2.280

2.610

2.656

0.880

2.280

1.891

145.6

Enterprise valueNT$M

76.64

76.17

76.42

73.20

75.38

85.94

84.70

93.14

97.90

109.4

120.3

7.74%

4.57%

107.2

LT debtNT$M

268.9

257.8

263.4

300.5

333.0

371.7

424.7

464.3

442.6

428.1

259.9

5.15%

4.60%

Peers (US$30.19M)

Cap (US$)

Fortune Advanced…

38.96M

—

Microip Inc.

35.79M

—

ZEITEC Semiconductor…

32.38M

—

SEKONIX Co., Ltd.

28.04M

—

Capital

TTM

10Y

Leveragex

0.376

0.803

0.553

EBIT/Intx

2.850

0.458

0.561

Own earn%

83.87

(1.50)

(0.89)

Sh yield%

35.36

32.05

31.88

Owners

Insiders/Inst%

8.85

66.97

Short interest%

4.10

SBC / revenue%

0.29

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

8–12

$1 testx

—

Incr. ROIC%

Greenharvest Co., Ltd. engages in installation, operation, and maintenance of PV solar power. It also offers electricity retailing, data management and forecasting, and renewable energy services. The company was founded in 2012 and is headquartered in Taipei, Taiwan.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

NT$301.9M

3.47%

1.00×

Cost of revenue

NT$162.1M

3.72%

1.02×

Operating expenses

NT$59.56M

2.83%

0.94×