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Largest Electrical Parts & Equipment Public Companies in Taiwan
Benchmark revenue and EBITDA valuation multiples for public comps like
Yageo, Zhen Ding Tech, Fortune Electric Co., Teco Electric & Machinery and Test Research.
 | Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo’s main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively. | $24 | +520% | $49B | $50B | 11.8x | 36.1x | ||
| Zhen Ding Technology Holding Ltd manufactures printed circuit boards, including high-density interconnection, flexible printed circuits, rigid printed circuit boards, and integrated circuit substrates. These products are used in a variety of applications, including personal computers, watches, memory and data cards, smartphones, tablets, media players, televisions, digital and video cameras, and game consoles. The company's customers include the telecommunications, electronics, automotive, medical equipment, military equipment, and space industries. The company generates all of its revenue from the manufacturing of PCB products of which key revenue is derived from the USA region followed by mainland China and others. | $16 | +396% | $17B | $16B | 2.8x | 14.8x | ||
| Fortune Electric Co Ltd principally manufactures, processes, and trades transformers, distribution panels, low voltage switches, and substation equipment. The group's reporting segments are the Electrical department and the Turnkey department (Construction department). The majority of its revenue is generated from the Electrical department, which manufactures, processes, and trades transformers, distributors, low-pressure switches, and substation equipment. The Turnkey department mainly engages in engineering contracts. | $29 | +80% | $9B | $9B | 11.7x | 47.4x | ||
| Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units, and electronic equipment products. The company's Heavy industrial products, the product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan. | $3 | -- | $6B | $6B | 3.4x | 20.5x | ||
| Test Research Inc designs testing equipment for industrial applications. The firm focuses on designing, assembling, manufacturing, sales, repairing, and maintaining automated inspection and testing equipment. The firm receives a majority of its revenue from Asia and the rest from America, Europe, and other regions. | $12 | +153% | $3B | $3B | 10.0x | 26.5x | ||
| Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Its products includes UPS, PV Inverter, Energy Storage System, Variable Frequency Drive, and EV Charger. Geographically, it operates in Taiwan, China and Vietnam, of which it derives maximum revenue from Taiwan. | $27 | -32% | $2B | $2B | 3.3x | 14.5x | ||
| Median | $20 | +153% | $8B | $8B | 6.7x | 23.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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