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HIWIN Mikrosystem Corp. (4576.TW)

TWD206.00 +3.50 (+1.73%)
TW TAI Technology Consumer Electronics
Address No. 6, Jingke Central Road 408211
Taichung, TXG, TW
CEO Kuo I Ssu
IPO 2018-10-29
ISIN TW0004576004

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Description

Hiwin Mikrosystem Corporation develops and manufactures linear motion and control system in Taiwan and Israel. The company operates in three segments: Precision Motion and Control Parts, Micro and Nano-Positioning Systems, and Others. It offers stage, single-axis robot, controller and drive, position measurement system, and servo and linear actuators, as well as vacuum, linear, direct drive, torque, spindle, and AC servo motors. The company is also involved in the research, development, manufacturing, and sale of drives and controllers. Its products are used in optical component manufacturing, medicare and healthcare, semiconductor, rehabilitation, and automation equipment, as well as transportation applications. The company was incorporated in 1997 and is headquartered in Taichung, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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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
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD206.00 +3.50 (+1.73%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.98
Float Shares
73.52M
Free Float %
61.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.17% +1.46% +23.23% +110.34% +140.39% +136.89% +80.07% +218.54% +116.45% +212.98% +212.98%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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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
206.00
DCF (Unlevered) 5.37 -97.4%
DCF (Levered) 15.33 -92.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
7.41
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
2 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Consumer Electronics: +7.8%
    +20.4% Q1'26: +45.5% (vs Q1'25)
  • EPS growth Consumer Electronics: +23.0%
    +294.1% Q1'26: +118.2% (vs Q1'25)
  • FCF margin FCF growth · Consumer Electronics: +37.3%
    +9.8% Q1'26: -3.3% (vs Q1'25)
  • EBIT margin Consumer Electronics: +5.7%
    +11.4% Q1'26: +16.2% (vs Q1'25)
  • ROIC Consumer Electronics: +4.9%
    +5.8% Q1'26: +9.9% (vs Q1'25)
  • Share dilution Consumer Electronics: +0.0%
    +7.9% Q1'26: -0.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Consumer Electronics: -0.57×
    2.73× Q1'26: 1.74× (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 (0.91) × ERP
WACC = 96% × Ke + 4% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.50 Current price: 206.00
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 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.17B
est: 2.03B (+6.7%)
2.25B
est: 2.25B (+0.3%)
2.71B
est: 2.67B (+1.7%)
3.53B
3.47B – 3.58B
+32.1% YoY
4.62B
4.32B – 4.92B
+31.0% YoY
3.62B
3.51B – 3.72B
-21.7% YoY
EBITDA
237.85M
est: 302.85M (-21.5%)
306.04M
est: 348.66M (-12.2%)
479.88M
est: 414.29M (+15.8%)
547.22M
538.25M – 556.18M
+32.1% YoY
716.79M
670.90M – 762.68M
+31.0% YoY
561.23M
545.12M – 577.34M
-21.7% YoY
EBIT
56.37M
est: 162.78M (-65.4%)
130.67M
est: 197.07M (-33.7%)
309.39M
est: 234.17M (+32.1%)
309.30M
304.23M – 314.36M
+32.1% YoY
405.14M
379.21M – 431.08M
+31.0% YoY
317.22M
308.11M – 326.33M
-21.7% YoY
Net Income
5.10M
est: 40.10M (-87.3%)
60.65M
est: 64.01M (-5.2%)
241.33M
est: 235.35M (+2.5%)
545.28M
520.97M – 569.59M
+131.7% YoY
794.64M
767.78M – 821.50M
+45.7% YoY
— – —
-100.0% YoY
SGA
362.05M
est: 284.78M (+27.1%)
367.70M
est: 325.99M (+12.8%)
393.92M
est: 387.36M (+1.7%)
511.65M
503.27M – 520.03M
+32.1% YoY
670.19M
627.29M – 713.10M
+31.0% YoY
524.75M
509.69M – 539.82M
-21.7% YoY
EPS
0.04
est: 0.33 (-87.3%)
0.51
est: 0.50 (+3.0%)
2.01
est: 1.82 (+10.4%)
4.22
4.03 – 4.40
+131.7% YoY
6.15
5.94 – 6.35
+45.7% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 B- 3/5 2/5 3/5 4/5 3/5 1/5 2/5
2026-05-19 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-18 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-15 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-14 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-13 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-12 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-11 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-08 B- 2/5 2/5 3/5 4/5 2/5 1/5 2/5
2026-05-07 B- 3/5 3/5 3/5 4/5 2/5 1/5 2/5
2026-05-06 B- 3/5 3/5 3/5 4/5 2/5 1/5 2/5
2026-05-05 B- 3/5 3/5 3/5 4/5 2/5 1/5 2/5
2026-05-04 B- 3/5 3/5 3/5 4/5 2/5 1/5 2/5
2026-04-30 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-29 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-28 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-27 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-24 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-23 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-22 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-21 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-20 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5
2026-04-17 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5
2026-04-16 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
986.36M
OE per share TTM
8.09
Owner's Yield
3.48%
Maintenance CapEx ratio
196.82%
Maint CapEx / Avg PPE
137.0%

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 Held by 3 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.04% 296.7K 0.65%
2 Dimensional - Emerging Markets Value ETF DFEV 0.01% 239.8K 0.46%
3 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.01% 13.8K 0.42%

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
207.8K
Shares Outstanding
119.80M

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
Hsiu-Yu Chuo Co-Chief Executive Officer
Hung-Yi Tsai Financial Officer, Accounting Officer & Corporate Governance Officer
Yung-Tsai Chuo Co-Chief Executive Officer male
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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits