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Cheng Mei Materials Technology Corporation (4960.TW)

TWD23.50 +0.50 (+2.17%)
TW TAI Industrials Electrical Equipment & Parts
Address No. 13, Muzhagang West Road 741
Tainan City, TW
CEO Wei Chen
IPO 2011-10-24
ISIN TW0004960000

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Description

Cheng Mei Materials Technology Corporation manufactures and sells optoelectronic material and components in Taiwan and Mainland China. It offers optical structure embossing adhesive and transparent adhesive for mini LEDs; optical adhesive and film application; polarizers for handheld devices, automotive and public displays, desktop LCD, and energy savings applications; and mobile device displays and desktop monitors. Cheng Mei Materials Technology Corporation was incorporated in 2005 and is headquartered in Tainan City, 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
TWD23.50 +0.50 (+2.17%)
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Volume Profile
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Liquidity & share structure
Average Volume
14M
Beta
-0.02
Float Shares
411.91M
Free Float %
72.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.90% -7.06% +65.87% +170.57% +182.59% +183.64% +194.59% +239.11% +175.85% +111.94% +118.25%
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
vs.
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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
23.50
DCF (Unlevered) 7.27 -69.0%

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)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.16
Safe zone
Piotroski F-Score
1 / 9
Weak
MOAT Score
2 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
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
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Electrical Equipment & Parts: +13.1%
    -3.2% Q1'26: -13.9% (vs Q1'25)
  • EPS growth Electrical Equipment & Parts: +22.4%
    -448.9% Q1'26: +34.1% (vs Q1'25)
  • FCF margin FCF growth · Electrical Equipment & Parts: +27.2%
    -11.1% Q1'26: +0.7% (vs Q1'25)
  • EBIT margin Electrical Equipment & Parts: +8.2%
    -15.5% Q1'26: -16.2% (vs Q1'25)
  • ROIC Electrical Equipment & Parts: +6.4%
    -16.0% Q1'26: -13.4% (vs Q1'25)
  • Share dilution Electrical Equipment & Parts: +0.0%
    -0.2% Q1'26: +1.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×
    -4.54× Q1'26: -3.45× (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 (0.08) × ERP
WACC = 84% × Ke + 16% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 7.29 Current price: 23.50
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
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Dec 2031
1 Rev. Ana.
1 EPS Ana.
Dec 2032
1 Rev. Ana.
1 EPS Ana.
Revenue
12.75B
est: 12.86B (-0.9%)
10.37B
est: 10.65B (-2.6%)
11.44B
est: 11.39B (+0.4%)
12.77B
est: 12.31B (+3.7%)
14.90B
est: 14.40B (+3.5%)
9.46B
est: 9.46B (0.0%)
11.13B
est: 15.56B (-28.4%)
9.50B
est: 9.53B (-0.3%)
9.24B
est: 8.85B (+4.4%)
8.93B
est: 8.93B (+0.0%)
8.64B
est: 11.39B (-24.1%)
11.39B
11.39B – 11.39B
+0.0% YoY
12.31B
12.31B – 12.31B
+8.0% YoY
14.40B
14.40B – 14.40B
+17.0% YoY
9.46B
9.46B – 9.46B
-34.3% YoY
15.56B
15.56B – 15.56B
+64.5% YoY
9.53B
9.53B – 9.53B
-38.8% YoY
8.85B
8.85B – 8.85B
-7.1% YoY
EBITDA
2.47B
est: 685.44M (+259.8%)
-682.94M
est: 567.60M (-220.3%)
-547.97M
est: 607.26M (-190.2%)
438.99M
est: 656.02M (-33.1%)
609.25M
est: 767.30M (-20.6%)
247.12M
est: 504.18M (-51.0%)
1.29B
est: 829.29M (+55.5%)
969.26M
est: 507.75M (+90.9%)
-126.53M
est: 471.72M (-126.8%)
322.85M
est: 475.78M (-32.1%)
-895.59M
est: 311.58M (-387.4%)
311.58M
311.58M – 311.58M
+0.0% YoY
336.61M
336.61M – 336.61M
+8.0% YoY
393.70M
393.70M – 393.70M
+17.0% YoY
258.70M
258.70M – 258.70M
-34.3% YoY
425.51M
425.51M – 425.51M
+64.5% YoY
260.53M
260.53M – 260.53M
-38.8% YoY
242.04M
242.04M – 242.04M
-7.1% YoY
EBIT
1.39B
est: 124.00M (+1,021.8%)
-1.53B
est: 102.69M (-1,588.8%)
-1.52B
est: 109.86M (-1,487.0%)
-705.53M
est: 118.68M (-694.5%)
-406.16M
est: 138.81M (-392.6%)
-194.05M
est: 91.21M (-312.7%)
905.24M
est: 150.03M (+503.4%)
574.90M
est: 91.86M (+525.9%)
-549.61M
est: 85.34M (-744.0%)
-98.07M
est: 86.07M (-213.9%)
-1.34B
est: -195.63M (-582.9%)
-195.63M
-195.63M – -195.63M
+0.0% YoY
-211.34M
-211.34M – -211.34M
-8.0% YoY
-247.19M
-247.19M – -247.19M
-17.0% YoY
-162.42M
-162.42M – -162.42M
+34.3% YoY
-267.16M
-267.16M – -267.16M
-64.5% YoY
-163.57M
-163.57M – -163.57M
+38.8% YoY
-151.97M
-151.97M – -151.97M
+7.1% YoY
Net Income
1.05B
est: 1.09B (-4.2%)
-1.48B
est: -1.73B (+14.0%)
-1.23B
est: -1.12B (-9.8%)
-655.08M
est: -346.28M (-89.2%)
-688.56M
est: -547.35M (-25.8%)
-85.56M
est: -111.71M (+23.4%)
763.19M
est: 804.27M (-5.1%)
462.12M
est: 106.01M (+335.9%)
-580.96M
est: -288.57M (-101.3%)
-266.91M
-1.46B
est: -1.12B (-31.2%)
-1.12B
-1.12B – -1.12B
+0.0% YoY
-345.70M
-345.70M – -345.70M
+69.0% YoY
-546.43M
-546.43M – -546.43M
-58.1% YoY
-111.52M
-111.52M – -111.52M
+79.6% YoY
802.92M
802.92M – 802.92M
+820.0% YoY
105.83M
105.83M – 105.83M
-86.8% YoY
-288.09M
-288.09M – -288.09M
-372.2% YoY
SGA
429.27M
est: 674.67M (-36.4%)
436.94M
est: 558.69M (-21.8%)
481.17M
est: 597.72M (-19.5%)
624.07M
est: 645.72M (-3.4%)
645.70M
est: 755.25M (-14.5%)
385.79M
est: 496.26M (-22.3%)
495.34M
est: 816.26M (-39.3%)
501.23M
est: 499.78M (+0.3%)
507.89M
est: 464.31M (+9.4%)
618.39M
est: 468.31M (+32.0%)
551.81M
est: 650.24M (-15.1%)
650.24M
650.24M – 650.24M
+0.0% YoY
702.46M
702.46M – 702.46M
+8.0% YoY
821.62M
821.62M – 821.62M
+17.0% YoY
539.87M
539.87M – 539.87M
-34.3% YoY
887.99M
887.99M – 887.99M
+64.5% YoY
543.69M
543.69M – 543.69M
-38.8% YoY
505.11M
505.11M – 505.11M
-7.1% YoY
EPS
2.39
est: 1.93 (+24.0%)
-3.39
est: -3.04 (-11.6%)
-2.57
est: -1.97 (-30.7%)
-1.15
est: -0.61 (-88.6%)
-1.21
est: -0.96 (-25.5%)
-0.15
est: -0.20 (+23.7%)
1.35
est: 1.42 (-4.7%)
0.82
est: 0.19 (+339.3%)
-0.99
est: -0.51 (-94.8%)
-0.47
-2.58
est: -1.97 (-31.2%)
-1.97
-1.97 – -1.97
+0.0% YoY
-0.61
-0.61 – -0.61
+69.0% YoY
-0.96
-0.96 – -0.96
-58.1% YoY
-0.20
-0.20 – -0.20
+79.6% YoY
1.42
1.42 – 1.42
+820.0% YoY
0.19
0.19 – 0.19
-86.8% YoY
-0.51
-0.51 – -0.51
-372.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-07 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-06 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-05 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-04 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-30 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-994.66M
OE per share TTM
-1.76
Owner's Yield
-4.40%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
40.2%

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 Held by 11 ETFs 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
-649.2K
Shares Outstanding
565.72M

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
Yen-Yi Sung Acting Manager, Chief Operating Officer & Chairman 56M female
Chih-Hai Lu Vice President 9M male
Yu-Li Hung Vice President 9M male
Wei-Chou Chen Chief Technology Officer 7M male
Chi-Hsun Lin Chief Corporate Governance Officer male
Shih-Hua Chang Chief Accounting Officer male
Sheng Steve Vice President & Chief of Business Management Center male
Hung Vice President & Chief of Sales Centre and Production Center
Kuan-Ta Hsieh Chief Factory Manager male
Kuan-Ting Tu Chief Financial Officer female
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