Subscribe

TrueLight Corporation (3234.TWO)

TWD113.50 +2.50 (+2.25%)
TW TWO Technology Semiconductors
Address 21, Prosperity Road 1 30078
Hsinchu City, TW
CEO Y. Chu
IPO 2007-12-31
ISIN TW0003234001

Explore sections of this company profile

Description

Established in 1997 and headquartered in Hsinchu City, Taiwan, TrueLight Corporation operates across Asia, specializing in the design, development, and provision of optical components. The company's extensive product portfolio supports various applications, including fiber optic communication, interconnectivity for 4G/5G mobile base stations, cloud data centers, and advanced 3D/near-field sensing and flood illumination systems. TrueLight supplies key components such as Vertical Cavity Surface Emitting Lasers (VCSELs), edge-emitting lasers, and photodiodes, in addition to a range of sub-modules, light engines, and Active Optical Cables (AOCs). Its primary clientele consists of manufacturers of optical fiber transceivers, internet equipment, and smartphone modules.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
TWD113.50 +2.50 (+2.25%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
4M
Beta
1.27
Float Shares
93.94M
Free Float %
84.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.50% +0.00% -19.28% +27.22% +156.70% +110.47% +192.15% +404.77% +283.15% +68.91% +278.96%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
113.50
Ratings Trend (MoM) 0% Bullish
Rating 2025-06 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
22.96
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Semiconductors: +12.5%
    +19.1% Q1'26: -11.4% (vs Q1'25)
  • EPS growth Semiconductors: +22.5%
    +36.7% Q1'26: -557.1% (vs Q1'25)
  • FCF margin FCF growth · Semiconductors: +38.2%
    -12.0% Q1'26: -13.1% (vs Q1'25)
  • EBIT margin Semiconductors: +10.7%
    -22.9% Q1'26: -21.8% (vs Q1'25)
  • ROIC Semiconductors: +6.0%
    -21.9% Q1'26: -22.3% (vs Q1'25)
  • Share dilution Semiconductors: +0.0%
    +2.5% Q1'26: -12.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Semiconductors: -0.75×
    -1.84× Q1'26: -0.95× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.35) × ERP
WACC = 99% × Ke + 1% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 113.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Revenue
4.53B
est.
3.86B
est.
2.92B
est.
2.02B
est.
1.46B
est: 1.45B (+0.3%)
1.52B
est: 1.52B (+0.1%)
1.31B
est: 1.31B (+0.3%)
989.64M
est: 1.04B (-4.6%)
630.27M
est: 1.12B (-43.6%)
573.75M
est: 573.75M (+0.0%)
683.28M
est: 1.04B (-34.4%)
EBITDA
-177.31M
est.
-151.05M
est.
-114.26M
est.
-79.06M
est.
51.60M
est: -56.83M (+190.8%)
356.34M
est: -59.53M (+698.6%)
162.67M
est: -51.26M (+417.3%)
150.86M
est: -40.58M (+471.8%)
-263.85M
est: -43.75M (-503.1%)
-164.88M
est: -22.45M (-634.4%)
-82.11M
est: -114.49M (+28.3%)
EBIT
-1.07B
est.
-914.40M
est.
-691.72M
est.
-478.58M
est.
-300.68M
est: -344.04M (+12.6%)
25.31M
est: -360.39M (+107.0%)
-119.06M
est: -310.33M (+61.6%)
-32.88M
est: -245.66M (+86.6%)
-405.46M
est: -264.84M (-53.1%)
-248.88M
est: -135.92M (-83.1%)
-156.38M
est: -297.68M (+47.5%)
Net Income
1.08B
est.
472.60M
est.
62.00M
est.
-177.10M
est.
-321.43M
est: -333.76M (+3.7%)
7.26M
est: 31.51M (-77.0%)
-132.77M
est: -170.74M (+22.2%)
-26.19M
est: -8.13M (-222.1%)
-390.44M
est: -238.65M (-63.6%)
-239.25M
est: -50.98M (-369.3%)
-155.68M
est: -55.60M (-180.0%)
SGA
676.03M
est.
575.88M
est.
435.64M
est.
301.41M
est.
156.04M
est: 216.68M (-28.0%)
126.65M
est: 226.97M (-44.2%)
140.78M
est: 195.44M (-28.0%)
127.63M
est: 154.71M (-17.5%)
134.60M
est: 166.80M (-19.3%)
122.26M
est: 85.60M (+42.8%)
101.40M
est: 168.88M (-40.0%)
EPS
9.99
est.
4.36
est.
0.57
est.
-1.63
est.
-4.39
est: -3.08 (-42.7%)
0.09
est: 0.29 (-67.7%)
-1.63
est: -1.57 (-3.6%)
-0.34
est: -0.07 (-353.6%)
-4.68
est: -2.20 (-112.7%)
-2.21
est: -0.47 (-370.2%)
-1.40
est: -0.50 (-180.0%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-08 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-05-07 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-05-06 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-05-05 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-05-04 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-30 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-29 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-28 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-27 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-24 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-23 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-22 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-21 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-20 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-17 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5
2026-04-16 C- 1/5 1/5 1/5 1/5 2/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-43.04M
OE per share TTM
-0.37
Owner's Yield
-0.36%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
58.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-494.9K
Shares Outstanding
111.47M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
PingLin Chen Vice President of Finance & Supporting Organization 3M
Chih-Cheng Chen Vice President 2M male
Adam Wu Deputy Director of Finance Department & Accounting Supervisor
Jin Shan Pan Senior Vice President & Chief Technology Officer
Y. Chu President & Representative Director female
Yang Director of Sales & Marketing Division
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits