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Wah Hong Industrial Corp. (8240.TWO)

TWD47.30 +1.30 (+2.83%)
TW TWO Technology Hardware, Equipment & Parts
Address No. 235, Chung Cheng 4th Road
Kaohsiung, TW
CEO Tsuen-Hsien Chang
IPO 2007-12-31
ISIN TW0008240003

Explore sections of this company profile

Description

Wah Hong Industrial Corp. is a Taiwanese enterprise with a global presence, specializing in the research, manufacturing, and distribution of sophisticated plastic compounds and composite materials. Its extensive portfolio encompasses a wide array of advanced solutions. These include various optical films, such as diffusion, reflection, prism, quantum dot, and polarizing films, along with diffusion and guide plates, and essential materials for touch panels. Wah Hong also provides numerous precision coating products, including protective, screen protector, anti-shatter, and hard coating films, offering both standard products and OEM/ODM services. Furthermore, it supplies a diverse range of molding compounds (both bulk and precise), high-performance engineering plastics, various composite materials, and specialized dry BMCs and DAP pellets. For thermal management, the company develops high thermal conductivity composites, multi-functional heat-dissipating metallic materials, and custom thermal graphite products. Finally, it produces critical components for semiconductor manufacturing, specifically Chemical Mechanical Polishing (CMP) guide and retainer rings. These specialized materials find broad applications across key sectors, including sports equipment, automotive manufacturing, telecommunications, and consumer electronics. Established in 1973, the company is headquartered in Kaohsiung, Taiwan. It operated under the name Wah Hong Chemical Corp. until 1997 when it adopted its current designation, Wah Hong Industrial Corp.

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
TWD47.30 +1.30 (+2.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
-0.14
Float Shares
63.50M
Free Float %
63.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.37% -5.19% +5.62% +57.42% +94.39% +78.80% +92.68% +127.29% +110.56% +280.35% -6.25%
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
47.30
DCF (Unlevered) 128.13 +170.9%
DCF (Levered) 120.12 +154.0%

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) 100% Bullish
Rating 2026-03 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.26
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Hardware, Equipment & Parts: +10.0%
    -5.0% Q1'26: -14.5% (vs Q1'25)
  • EPS growth Hardware, Equipment & Parts: +20.2%
    -28.1% Q1'26: -46.7% (vs Q1'25)
  • FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%
    +2.4% Q1'26: +6.4% (vs Q1'25)
  • EBIT margin Hardware, Equipment & Parts: +8.7%
    +4.3% Q1'26: +3.4% (vs Q1'25)
  • ROIC Hardware, Equipment & Parts: +5.7%
    +5.0% Q1'26: +3.7% (vs Q1'25)
  • Share dilution Hardware, Equipment & Parts: +0.0%
    +1.9% Q1'26: -2.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×
    1.95× Q1'26: 5.14× (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 (-0.13) × ERP
WACC = 86% × Ke + 14% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 128.13 Current price: 47.30
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 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.
Dec 2033
1 Rev. Ana.
1 EPS Ana.
Revenue
7.75B
est: 7.75B (0.0%)
9.81B
est: 8.01B (+22.5%)
10.31B
est: 9.83B (+4.9%)
10.97B
est: 11.35B (-3.4%)
9.18B
est: 7.37B (+24.7%)
7.52B
est: 7.11B (+5.8%)
7.51B
est: 7.29B (+3.0%)
7.14B
est: 7.39B (-3.4%)
7.29B
7.29B – 7.29B
-1.2% YoY
7.75B
7.75B – 7.75B
+6.3% YoY
8.01B
8.01B – 8.01B
+3.3% YoY
9.83B
9.83B – 9.83B
+22.7% YoY
11.35B
11.35B – 11.35B
+15.5% YoY
7.37B
7.37B – 7.37B
-35.1% YoY
7.11B
7.11B – 7.11B
-3.5% YoY
7.29B
7.29B – 7.29B
+2.6% YoY
EBITDA
544.62M
est: 691.95M (-21.3%)
691.35M
est: 714.98M (-3.3%)
713.63M
est: 877.32M (-18.7%)
1.07B
est: 1.01B (+5.3%)
798.74M
est: 657.50M (+21.5%)
636.31M
est: 634.21M (+0.3%)
812.55M
est: 667.94M (+21.6%)
576.78M
est: 676.27M (-14.7%)
667.94M
667.94M – 667.94M
-1.2% YoY
709.97M
709.97M – 709.97M
+6.3% YoY
733.60M
733.60M – 733.60M
+3.3% YoY
900.17M
900.17M – 900.17M
+22.7% YoY
1.04B
1.04B – 1.04B
+15.5% YoY
674.62M
674.62M – 674.62M
-35.1% YoY
650.72M
650.72M – 650.72M
-3.5% YoY
667.94M
667.94M – 667.94M
+2.6% YoY
EBIT
225.85M
est: 422.99M (-46.6%)
363.65M
est: 437.07M (-16.8%)
368.64M
est: 536.31M (-31.3%)
741.25M
est: 619.40M (+19.7%)
470.00M
est: 401.93M (+16.9%)
360.07M
est: 387.69M (-7.1%)
525.72M
est: 408.50M (+28.7%)
306.71M
est: 413.60M (-25.8%)
408.50M
408.50M – 408.50M
-1.2% YoY
434.21M
434.21M – 434.21M
+6.3% YoY
448.66M
448.66M – 448.66M
+3.3% YoY
550.53M
550.53M – 550.53M
+22.7% YoY
635.82M
635.82M – 635.82M
+15.5% YoY
412.59M
412.59M – 412.59M
-35.1% YoY
397.97M
397.97M – 397.97M
-3.5% YoY
408.50M
408.50M – 408.50M
+2.6% YoY
Net Income
150.60M
est: 157.91M (-4.6%)
208.50M
est: 121.70M (+71.3%)
216.42M
est: 181.05M (+19.5%)
430.37M
est: 237.37M (+81.3%)
262.47M
est: 336.95M (-22.1%)
202.38M
est: 193.12M (+4.8%)
301.12M
est: 237.82M (+26.6%)
218.15M
est: -320.85M (+168.0%)
-20.50M
-20.50M – -20.50M
+93.6% YoY
160.94M
160.94M – 160.94M
+885.0% YoY
124.04M
124.04M – 124.04M
-22.9% YoY
184.52M
184.52M – 184.52M
+48.8% YoY
241.92M
241.92M – 241.92M
+31.1% YoY
343.41M
343.41M – 343.41M
+41.9% YoY
196.82M
196.82M – 196.82M
-42.7% YoY
237.82M
237.82M – 237.82M
+20.8% YoY
SGA
540.84M
est: 539.02M (+0.3%)
623.03M
est: 556.96M (+11.9%)
619.22M
est: 683.42M (-9.4%)
656.20M
est: 789.31M (-16.9%)
622.53M
est: 512.18M (+21.5%)
579.65M
est: 494.04M (+17.3%)
622.50M
est: 534.33M (+16.5%)
561.68M
est: 541.00M (+3.8%)
534.33M
534.33M – 534.33M
-1.2% YoY
567.95M
567.95M – 567.95M
+6.3% YoY
586.85M
586.85M – 586.85M
+3.3% YoY
720.11M
720.11M – 720.11M
+22.7% YoY
831.68M
831.68M – 831.68M
+15.5% YoY
539.68M
539.68M – 539.68M
-35.1% YoY
520.56M
520.56M – 520.56M
-3.5% YoY
534.33M
534.33M – 534.33M
+2.6% YoY
EPS
1.51
est: 1.57 (-3.8%)
2.10
est: 1.21 (+73.6%)
2.21
est: 1.80 (+22.8%)
4.39
est: 2.36 (+86.0%)
2.66
est: 3.35 (-20.6%)
2.05
est: 1.92 (+6.8%)
3.04
est: 2.32 (+31.0%)
2.18
est: -3.13 (+169.6%)
-0.20
-0.20 – -0.20
+93.6% YoY
1.57
1.57 – 1.57
+885.0% YoY
1.21
1.21 – 1.21
-22.9% YoY
1.80
1.80 – 1.80
+48.8% YoY
2.36
2.36 – 2.36
+31.1% YoY
3.35
3.35 – 3.35
+41.9% YoY
1.92
1.92 – 1.92
-42.7% YoY
2.32
2.32 – 2.32
+20.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-11 A- 4/5 4/5 3/5 4/5 2/5 3/5 4/5
2026-05-08 A- 4/5 5/5 3/5 3/5 2/5 3/5 5/5
2026-05-07 A- 4/5 5/5 3/5 3/5 2/5 3/5 5/5
2026-05-06 A- 4/5 5/5 3/5 3/5 2/5 3/5 5/5
2026-05-05 A- 4/5 5/5 3/5 3/5 2/5 3/5 5/5
2026-05-04 A- 4/5 5/5 3/5 3/5 2/5 3/5 5/5
2026-04-30 A- 4/5 4/5 3/5 3/5 2/5 3/5 5/5
2026-04-29 B+ 3/5 4/5 2/5 3/5 2/5 3/5 5/5
2026-04-28 B+ 3/5 4/5 2/5 3/5 2/5 3/5 5/5
2026-04-27 B+ 3/5 4/5 2/5 3/5 2/5 3/5 5/5
2026-04-24 B+ 3/5 4/5 2/5 3/5 2/5 3/5 5/5
2026-04-23 B+ 3/5 4/5 2/5 3/5 2/5 3/5 5/5
2026-04-22 B+ 3/5 4/5 2/5 3/5 2/5 3/5 5/5
2026-04-21 A- 4/5 5/5 2/5 3/5 2/5 3/5 5/5
2026-04-20 A- 4/5 5/5 2/5 3/5 2/5 3/5 5/5
2026-04-17 A- 4/5 4/5 2/5 4/5 2/5 3/5 5/5
2026-04-16 A- 4/5 4/5 2/5 4/5 2/5 3/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
302.26M
OE per share TTM
2.98
Owner's Yield
4.27%
Maintenance CapEx ratio
167.04%
Maint CapEx / Avg PPE
19.2%

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 8 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L 0.00% 10.3K 0.35%
2 Avantis Emerging Markets Value ETF AVES 0.00% 50.8K 0.36%
3 Dimensional - Emerging Markets Value ETF DFEV 0.00% 49.1K 0.46%
4 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 147.3K 0.39%
5 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.00% 1.5K 0.42%
6 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 90.4K 0.29%
7 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 45.8K 0.28%
8 Avantis Emerging Markets Equity ETF AVEM 0.00% 29.1K 0.33%

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
154.0K
Shares Outstanding
100.00M

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
Chih-Ming Lin President
Guo Jian Zhi Chief Technology Officer and Vice President
Tsuen-Hsien Chang Chairman & Chief Strategy 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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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