TPE/2049 (TPE/2049)

Taiwan Stock Exchange: TPE/2049 · TWD

NT$344

+15.01 (+4.6%)· Recorded snapshot

Market cap	121.5B
Revenue (ttm)	26.4B
Net income (ttm)	2.3B
EPS (ttm)	NT$6.58
Shares out	353.8M
P/E (trailing)	52.2x
P/E (forward)	32.6x
Dividend	NT$2.00 (0.58%)
Volume	7,735,778
Beta	1.08

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 26.4B
Net income (ttm): 2.3B
EPS (ttm): NT$6.58
P/E (trailing): 52.2x
P/E (forward): 32.6x
Market cap: 121.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E32.6

P25 n/aP50 n/aP75 n/a

Trailing P/E52.2

P25 n/aP50 n/aP75 n/a

ROE5.9

P25 n/aP50 n/aP75 n/a

ROIC4.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All TPE/2049 indicators

Market & fundamental data

Available fields

259

Groups with data

Currency

TWD

Showing 259 of 259 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	TWD
Country	Taiwan
Country code	TW
Earnings date	2026-11-11
Employees	2,069
Enterprise value	TWD 121.9B
Exchange	Taiwan Stock Exchange
Financial currency	TWD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1989
Industry	Tools & Accessories
Is primary listing	Yes
ISIN number	TW0002049004
Last earnings date	2026-02-24
Last refreshed	2026-10-28
Last stock split date	2021-09-16
Last stock split type	Forward
Market cap	TWD 121.5B
Next earnings date	2026-11-11
Price	TWD 343.50
Price currency	TWD
Sector	Industrials
SIC code	3559
Stock price date	2026-10-28
Symbol	tpe/2049
Website	https://www.hiwin.tw

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	52.12x
Average P/E ratio (10Y)	37.75x
Average P/E ratio (3Y)	45.47x
Average P/E ratio (5Y)	36.16x
Earnings yield	1.92%
EV/Earnings	52.22x
EV/EBIT	50.21x
EV/EBITDA	24.99x
EV/FCF	34.66x
EV/Sales	4.62x
FCF / EV yield	2.89%
FCF yield	2.89%
Forward P/E	32.56x
Graham number	128.01432
Graham upside	-62.73%
Industry forward P/E	36.48x
Industry P/E	34.52x
Lynch fair value	TWD 32.89
Lynch upside	-90.42%
P/B ratio	3.1x
P/E ratio	52.22x
P/FCF ratio	34.55x
P/OCF ratio	20.47x
P/S ratio	4.61x
PEG ratio	0.74x
Price / tangible book value	3.13x
Price/EBITDA ratio	25.85x
Sector forward P/E	12.21x
Sector P/E	17.4x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	9.06%
EBITDA margin	17.82%
Effective tax rate	23.49%
FCF margin	13.33%
Gross margin	30.61%
Operating margin	9.06%
Pretax margin	10.97%
Profit margin	8.85%
Profit per employee	TWD 1.1M
Profitable quarters	25
Profitable years	17
Revenue per employee	TWD 12.8M
ROA	2.71%
ROA (5Y)	4.15%
ROCE	5.05%
ROE	5.87%
ROE (5Y)	7.65%
ROIC	4.63%
ROIC (5Y)	6.71%
Tax / revenue	2.58%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	44.57%
EPS growth (Q)	528.95%
EPS growth (QoQ)	45.95%
EPS growth 10Y	5.34%
EPS growth 3Y	-7.67%
EPS growth 5Y	-6.44%
EPS growth quarters	3
EPS growth years	0
FCF growth (QoQ)	57.4%
FCF growth 3Y	0.87%
FCF growth 5Y	-8.19%
Gross profit growth	12.41%
Gross profit growth (Q)	45.58%
Gross profit growth 3Y	-2.61%
Gross profit growth 5Y	0.75%
Net income growth	44.78%
Net income growth (Q)	526.76%
Net income growth (QoQ)	46.3%
Net income growth 3Y	-7.58%
Net income growth 5Y	-5.37%
Net income growth quarters	3
Net income growth years	0
OCF growth	84.49%
OCF growth (Q)	219.69%
OCF growth (QoQ)	43.4%
OCF growth 10Y	13.11%
OCF growth 3Y	0.66%
OCF growth 5Y	-4.06%
Operating income growth	24.49%
Operating income growth (Q)	107.37%
Operating income growth 3Y	-13.54%
Operating income growth 5Y	-6.63%
Revenue growth	7.85%
Revenue growth (Q)	26.71%
Revenue growth (QoQ)	17.7%
Revenue growth 10Y	6.35%
Revenue growth 3Y	0.71%
Revenue growth 5Y	1.03%
Revenue growth quarters	3
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	TWD -2.4B
Depreciation and amortization	TWD 2.3B
EBIT	TWD 2.4B
EBITDA	TWD 4.7B
EPS	TWD 6.58
FCF per share	TWD 9.94
Financing cash flow	TWD -1.6B
Free cash flow	TWD 3.5B
Gross profit	TWD 8.1B
Income taxes	TWD 679.8M
Investing cash flow	TWD -2.5B
Net borrowing	TWD -742.9M
Net cash flow	TWD 2.2B
Net income	TWD 2.3B
Operating income	TWD 2.4B
Revenue	TWD 26.4B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	4.39
Book value per share	TWD 110.72
Debt / EBITDA	2
Debt / equity	0.25
Debt / FCF	2.76
Goodwill	TWD 293.7M
Interest coverage	10.48
Long-term assets	TWD 35.1B
Long-term liabilities	TWD 8.1B
Net cash (debt)	TWD -333.7M
Net cash / market cap	-0.27%
Net debt / EBITDA	0.07
Net debt / equity	0.01
Net debt / FCF	0.09
Piotroski F-Score	8
Property, plant and equipment	TWD 30.2B
Shareholders' equity	TWD 39.2B
Tangible book value	TWD 38.9B
Tangible book value per share	TWD 109.89
Total assets	TWD 57B
Total cash	TWD 9.4B
Total debt	TWD 9.7B
Total liabilities	TWD 17.8B
WACC	9.55%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.48
Current assets	TWD 21.9B
Current liabilities	TWD 9.7B
Current ratio	2.26
Inventory turnover	2.5
Net working capital	TWD 5.6B
Quick ratio	1.43
Working capital	TWD 12.2B
Working capital turnover	2.34

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.08%
Dividend growth	-16.67%
Dividend growth (10Y)	0.9%
Dividend growth (3Y)	-28.62%
Dividend growth (5Y)	0.59%
Dividend growth years	0
Dividend payment date	2026-08-05
Dividend payment years	20
Dividend payout frequency	Annual
Dividend per share	TWD 2.00
Dividend yield	0.58%
Ex-dividend date	2026-07-08
FCF payout ratio	20.11%
Last dividend	TWD 2.00
Payout ratio	36.37%
Shareholder yield	0.5%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	169.18%
10Y return CAGR	12.13%
10Y total return	214.06%
150-day SMA	TWD 327.10
15Y price change	72.85%
15Y return CAGR	5.31%
15Y total return	117.22%
1D price change	4.57%
1M price change	5.53%
1M total return	5.53%
1W price change	11.53%
1W total return	11.53%
1Y price change	56.14%
1Y return CAGR	57.1%
1Y total return	57.05%
20-day SMA	TWD 326.40
200-day SMA	TWD 301.80
3M price change	6.35%
3M total return	6.35%
3Y price change	73.92%
3Y return CAGR	21.44%
3Y total return	79.12%
50-day SMA	TWD 341.77
50-day SMA vs 200-day SMA	50over200
52-week high	TWD 426.00
52-week high date	2026-05-26
52-week low	TWD 180.50
52-week low date	2025-11-24
5Y price change	9.92%
5Y return CAGR	3.61%
5Y total return	19.37%
6M price change	16.44%
6M total return	17.12%
All-time high	TWD 470.90
All-time high date	2018-04-18
All-time low	TWD 14.17
All-time low date	2009-01-15
Average true range (ATR)	TWD 15.05
Average volume	2.7M
Beta (1Y)	0.86
Beta (2Y)	1.19
Beta (5Y)	1.08
Change from 52-week high	-19.37%
Change from 52-week low	90.31%
Change from all-time high	-27.05%
Change from all-time low	2,324.31%
Change from open	3.46%
Day's gap	1.07%
Dollar volume	TWD 2.7B
High price	TWD 347.50
Low price	TWD 331.50
Monthly RSI	59.6
Open price	TWD 332.00
Position in 52-week range	75%
Previous close	TWD 328.50
Price vs 150-day SMA	5.01%
Price vs 20-day SMA	5.24%
Price vs 200-day SMA	13.82%
Price vs 50-day SMA	0.51%
Relative volume	3.04
RSI	56.36
Sharpe ratio	1.01
Sharpe ratio (3Y)	0.55
Sharpe ratio (5Y)	0.21
Sortino ratio	1.7
Sortino ratio (3Y)	0.98
Sortino ratio (5Y)	0.47
Volume	7.7M
Weekly RSI	54.57
YTD price change	77.06%
YTD total return	78.1%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	263.2M
Shares change (QoQ)	-0.05%
Shares change (YoY)	0.08%
Shares held by insiders	14.7%
Shares held by institutions	26.62%
Shares outstanding	353.8M

Deeper analysis on TPE/2049

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this TPE/2049 report

Is a complete TPE/2049 research report available?

No complete published report is available for tpe/2049 (TPE/2049) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

121.5B

Revenue (ttm)

26.4B

Net income (ttm)

2.3B

EPS (ttm)

NT$6.58

Shares out

353.8M

P/E (trailing)

52.2x

P/E (forward)

32.6x

Dividend

NT$2.00 (0.58%)

Volume

7,735,778

Beta

1.08

Metric

Value

Amount currency

TWD

Country

Taiwan

Country code

Earnings date

2026-11-11

Employees

2,069

Enterprise value

TWD 121.9B

Exchange

Taiwan Stock Exchange

Financial currency

TWD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1989

Industry

Tools & Accessories

Is primary listing

Yes

ISIN number

TW0002049004

Last earnings date

2026-02-24

Last refreshed

2026-10-28

Last stock split date

2021-09-16

Last stock split type

Forward

Market cap

TWD 121.5B

Next earnings date

2026-11-11

Price

TWD 343.50

Price currency

TWD

Sector

Industrials

SIC code

3559

Stock price date

2026-10-28

Symbol

tpe/2049

Website

https://www.hiwin.tw

Metric

Value

Adjusted P/E ratio

52.12x

Average P/E ratio (10Y)

37.75x

Average P/E ratio (3Y)

45.47x

Average P/E ratio (5Y)

36.16x

Earnings yield

1.92%

EV/Earnings

52.22x

EV/EBIT

50.21x

EV/EBITDA

24.99x

EV/FCF

34.66x

EV/Sales

4.62x

FCF / EV yield

2.89%

FCF yield

2.89%

Forward P/E

32.56x

Graham number

128.01432

Graham upside

-62.73%

Industry forward P/E

36.48x

Industry P/E

34.52x

Lynch fair value

TWD 32.89

Lynch upside

-90.42%

P/B ratio

3.1x

P/E ratio

52.22x

P/FCF ratio

34.55x

P/OCF ratio

20.47x

P/S ratio

4.61x

PEG ratio

0.74x

Price / tangible book value

3.13x

Price/EBITDA ratio

25.85x

Sector forward P/E

12.21x

Sector P/E

17.4x

Metric

Value

EBIT margin

9.06%

EBITDA margin

17.82%

Effective tax rate

23.49%

FCF margin

13.33%

Gross margin

30.61%

Operating margin

9.06%

Pretax margin

10.97%

Profit margin

8.85%

Profit per employee

TWD 1.1M

Profitable quarters

Profitable years

Revenue per employee

TWD 12.8M

ROA

2.71%

ROA (5Y)

4.15%

ROCE

5.05%

ROE

5.87%

ROE (5Y)

7.65%

ROIC

4.63%

ROIC (5Y)

6.71%

Tax / revenue

2.58%

Metric

Value

EPS growth

44.57%

EPS growth (Q)

528.95%

EPS growth (QoQ)

45.95%

EPS growth 10Y

5.34%

EPS growth 3Y

-7.67%

EPS growth 5Y

-6.44%

EPS growth quarters

EPS growth years

FCF growth (QoQ)

57.4%

FCF growth 3Y

0.87%

FCF growth 5Y

-8.19%

Gross profit growth

12.41%

Gross profit growth (Q)

45.58%

Gross profit growth 3Y

-2.61%

Gross profit growth 5Y

0.75%

Net income growth

44.78%

Net income growth (Q)

526.76%

Net income growth (QoQ)

46.3%

Net income growth 3Y

-7.58%

Net income growth 5Y

-5.37%

Net income growth quarters

Net income growth years

OCF growth

84.49%

OCF growth (Q)

219.69%

OCF growth (QoQ)

43.4%

OCF growth 10Y

13.11%

OCF growth 3Y

0.66%

OCF growth 5Y

-4.06%

Operating income growth

24.49%

Operating income growth (Q)

107.37%

Operating income growth 3Y

-13.54%

Operating income growth 5Y

-6.63%

Revenue growth

7.85%

Revenue growth (Q)

26.71%

Revenue growth (QoQ)

17.7%

Revenue growth 10Y

6.35%

Revenue growth 3Y

0.71%

Revenue growth 5Y

1.03%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

TWD -2.4B

Depreciation and amortization

TWD 2.3B

EBIT

TWD 2.4B

EBITDA

TWD 4.7B

EPS

TWD 6.58

FCF per share

TWD 9.94

Financing cash flow

TWD -1.6B

Free cash flow

TWD 3.5B

Gross profit

TWD 8.1B

Income taxes

TWD 679.8M

Investing cash flow

TWD -2.5B

Net borrowing

TWD -742.9M

Net cash flow

TWD 2.2B

Net income

TWD 2.3B

Operating income

TWD 2.4B

Revenue

TWD 26.4B

Metric

Value

Altman Z-Score

4.39

Book value per share

TWD 110.72

Debt / EBITDA

Debt / equity

0.25

Debt / FCF

2.76

Goodwill

TWD 293.7M

Interest coverage

10.48

Long-term assets

TWD 35.1B

Long-term liabilities

TWD 8.1B

Net cash (debt)

TWD -333.7M

Net cash / market cap

-0.27%

Net debt / EBITDA

0.07

Net debt / equity

0.01

Net debt / FCF

0.09

Piotroski F-Score

Property, plant and equipment

TWD 30.2B

Shareholders' equity

TWD 39.2B

Tangible book value

TWD 38.9B

Tangible book value per share

TWD 109.89

Total assets

TWD 57B

Total cash

TWD 9.4B

Total debt

TWD 9.7B

Total liabilities

TWD 17.8B

WACC

9.55%

Metric

Value

Asset turnover

0.48

Current assets

TWD 21.9B

Current liabilities

TWD 9.7B

Current ratio

2.26

Inventory turnover

2.5

Net working capital

TWD 5.6B

Quick ratio

1.43

Working capital

TWD 12.2B

Working capital turnover

2.34

Metric

Value

Buyback yield / dilution

-0.08%

Dividend growth

-16.67%

Dividend growth (10Y)

0.9%

Dividend growth (3Y)

-28.62%

Dividend growth (5Y)

0.59%

Dividend growth years

Dividend payment date

2026-08-05

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

TWD 2.00

Dividend yield

0.58%

Ex-dividend date

2026-07-08

FCF payout ratio

20.11%

Last dividend

TWD 2.00

Payout ratio

36.37%

Shareholder yield

0.5%

Metric

Value

10Y price change

169.18%

10Y return CAGR

12.13%

10Y total return

214.06%

150-day SMA

TWD 327.10

15Y price change

72.85%

15Y return CAGR

5.31%

15Y total return

117.22%

1D price change

4.57%

1M price change

5.53%

1M total return

5.53%

1W price change

11.53%

1W total return

11.53%

1Y price change

56.14%

1Y return CAGR

57.1%

1Y total return

57.05%

20-day SMA

TWD 326.40

200-day SMA

TWD 301.80

3M price change

6.35%

3M total return

6.35%

3Y price change

73.92%

3Y return CAGR

21.44%

3Y total return

79.12%

50-day SMA

TWD 341.77

50-day SMA vs 200-day SMA

50over200

52-week high

TWD 426.00

52-week high date

2026-05-26

52-week low

TWD 180.50

52-week low date

2025-11-24

5Y price change

9.92%

5Y return CAGR

3.61%

5Y total return

19.37%

6M price change

16.44%

6M total return

17.12%

All-time high

TWD 470.90

All-time high date

2018-04-18

All-time low

TWD 14.17

All-time low date

2009-01-15

Average true range (ATR)

TWD 15.05

Average volume

2.7M

Beta (1Y)

0.86

Beta (2Y)

1.19

Beta (5Y)

1.08

Change from 52-week high

-19.37%

Change from 52-week low

90.31%

Change from all-time high

-27.05%

Change from all-time low

2,324.31%

Change from open

3.46%

Day's gap

1.07%

Dollar volume

TWD 2.7B

High price

TWD 347.50

Low price

TWD 331.50

Monthly RSI

59.6

Open price

TWD 332.00

Position in 52-week range

75%

Previous close

TWD 328.50

Price vs 150-day SMA

5.01%

Price vs 20-day SMA

5.24%

Price vs 200-day SMA

13.82%

Price vs 50-day SMA

0.51%

Relative volume

3.04

RSI

56.36

Sharpe ratio

1.01

Sharpe ratio (3Y)

0.55

Sharpe ratio (5Y)

0.21

Sortino ratio

1.7

Sortino ratio (3Y)

0.98

Sortino ratio (5Y)

0.47

Volume

7.7M

Weekly RSI

54.57

YTD price change

77.06%

YTD total return

78.1%

Metric

Value

Float

263.2M

Shares change (QoQ)

-0.05%

Shares change (YoY)

0.08%

Shares held by insiders

14.7%

Shares held by institutions

26.62%

Shares outstanding

353.8M

TPE/2049 (TPE/2049)

Price

Financial snapshot

Fair-value bridge

Latest news · TPE/2049

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TPE/2049 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TPE/2049

Frequently asked questions

TPE/2049 (TPE/2049)

Price

Financial snapshot

Fair-value bridge

Latest news · TPE/2049

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TPE/2049 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TPE/2049

Frequently asked questions