Obermatt

HIWIN TECHNOLOGIES

TAI:2049 · TW0002049004
MachineryMedium

360

41
EV / EBIT9
Price / Owner Earnings11
Owner Earnings Yield25
Dividend Yield45
Price/Sales29
EV / Gross Profit10
Price/Book51
Return on Capital10
Cash Return on Capital18
Return on Equity16
EBIT Margin20
Gross Profitability3
Cash Conversion91
Accruals43
Owner Earnings Margin25
Sales growth62
Profit Growth46
Long-Term EPS Growth78
Owner Earnings Growth89
Reinvestment81
Price momentum31
Debt load52
Refinancing51
Debt Payback45
Liquidity42
Analyst ratings44
Opinion Changes72
Price Target Upside45
Market mood62
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

HIWIN TECHNOLOGIES clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryTaiwan
IndustryMachinery
SizeMedium
TypePublic Company
ExchangeTWSE
Founded1989
Websitehiwin.tw
ISINTW0002049004
Last UpdateApr 2, 2026
Themes
Industrial AutomationProcess AutomationDetectors, Sensors and MemsElectronicsIndustrial ManufacturingManufacturing

Description

Hiwin Technologies Corporation (HIWIN) a leading manufacturer of motion control and system products, emphasizes delivering high-tech, high-quality solutions to meet the demands of various industries globally. The company has positioned itself as a pr…

Analysis

Story stock

Hiwin Technologies Corporation is a story stock: the narrative is ambitious and the price reflects it, but the underlying numbers are weak.

The price is expensive. You pay 111.3× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 30% yearly growth; analysts expect 21%. The gap between price and consensus is worth watching: demanding expectations.

The trajectory is solid and the balance sheet is sturdy. The company scores 8/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
53
2023202420252026

All-time high

53

Jun 2026

All-time low

12

Jan 2025

Average rank

28

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
29
16
28
26
Price/Earnings
24
5
22
35
Price/Book
51
26
49
38
Dividend Yield
45
15
30
42
Value (overall)
30
9
33
41

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →