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Taiwan Cogeneration Corporation (8926.TW)

TWD67.70 +0.40 (+0.59%)
TW TAI Industrials Engineering & Construction
Address 392, Rui Guang Road 11492
Taipei, TPE, TW
CEO Yi-Tong Chen
IPO 2000-05-10
ISIN TW0008926007

Explore sections of this company profile

Description

Taiwan Cogeneration Corporation, together with its subsidiaries, engages in the operation and management of cogeneration plants in Taiwan. It operates through Guantian Cogeneration Plant, and Construction and Consulting Services segments. The company is also involved in the engineering, planning, design, procurement, installation, construction, and financing planning of cogeneration plants; and environmental protection and procurement of fuel for cogeneration systems and related businesses. In addition, it provides cogeneration research and development, and related technical and consultation services; manufactures, assembles, leases, installs, repairs, and sells cogeneration equipment; invests in geothermal, green power, and cogeneration plants; trades in related products; and installs electric equipment. Further, the company undertakes power engineering projects; and engages in power generation activities. Taiwan Cogeneration Corporation was founded in 1992 and is based in Taipei, 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
TWD67.70 +0.40 (+0.59%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
0.81
Float Shares
456.30M
Free Float %
60.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.80% +21.21% +32.74% +28.48% +43.88% +46.88% +31.00% +26.42% +82.43% +179.98% +883.61%
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
67.70
DCF (Unlevered) 1.99 -97.1%
DCF (Levered) 48.15 -28.9%

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 2025-09 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.12
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    -16.7% Q1'26: +613.9% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    +33.2% Q1'26: +339.6% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +14.8% Q1'26: +14.4% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +7.8% Q1'26: +8.3% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    +2.5% Q1'26: +7.7% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    -0.3% Q1'26: -0.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    8.48× Q1'26: 6.49× (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 (0.58) × ERP
WACC = 81% × Ke + 19% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.84 Current price: 67.70
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 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
Dec 2027
1 Rev. Ana.
Revenue
1.21B
est: 1.08B (+11.7%)
3.81B
est: 4.01B (-4.8%)
7.19B
est: 3.38B (+112.5%)
7.61B
est: 7.89B (-3.5%)
8.42B
8.42B – 8.42B
+6.7% YoY
9.00B
9.00B – 9.00B
+6.8% YoY
EBITDA
138.53M
est: 169.83M (-18.4%)
339.58M
est: 628.03M (-45.9%)
412.98M
est: 530.18M (-22.1%)
1.06B
est: 1.33B (-20.9%)
1.42B
1.42B – 1.42B
+6.7% YoY
1.52B
1.52B – 1.52B
+6.8% YoY
EBIT
1.02B
est: 108.04M (+845.9%)
709.72M
est: 399.52M (+77.6%)
1.14B
est: 337.27M (+238.1%)
596.26M
est: 824.08M (-27.6%)
879.34M
879.34M – 879.34M
+6.7% YoY
939.50M
939.50M – 939.50M
+6.8% YoY
Net Income
971.87M
est: 999.17M (-2.7%)
672.30M
est: 1.03B (-34.4%)
1.10B
est: 1.61B (-31.8%)
1.79B
— – —
— – —
SGA
210.88M
est: 55.71M (+278.5%)
214.53M
est: 206.03M (+4.1%)
240.18M
est: 173.93M (+38.1%)
est: 366.61M (-100.0%)
391.19M
391.19M – 391.19M
+6.7% YoY
417.95M
417.95M – 417.95M
+6.8% YoY
EPS
1.48
est: 1.37 (+8.4%)
1.03
est: 1.40 (-26.5%)
1.68
est: 2.20 (-23.7%)
2.45
— – —
— – —
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-11 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-08 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-07 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-06 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-05 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-04 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-04-30 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-04-29 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-28 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-27 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-24 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-23 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-22 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-21 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-20 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-17 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.43B
OE per share TTM
1.98
Owner's Yield
3.86%
Maintenance CapEx ratio
217.69%
Maint CapEx / Avg PPE
52.0%

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 61 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
2.49M
Shares Outstanding
752.39M

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
Yi-Tong Chen President & Vice President 5M male
Chen-Ping Liu Director & Deputy Director of Legal Affairs Office
Shang-Heng Chou Manager of Finance Department, Financial Officer & Accounting Supervisor
Shih-Yang Hsu Manager of Planning & Investment Management Department
Yen-Ling Chen Director of Secretariat of the Board & Chief Governance Officer
Yi-Liang Ou Manager of Administration Department 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