Elite Material stock
2383.TWTAIElite Material Co., Ltd., TechnologyISIN TW0002383007
70Score 70 out of 100, Strong
Price and trend
51 / 100
Price history
+205% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 4.8% below it.
Since December 2024 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 35).
The price is 35% below its 52-week high. Largest decline in 20 years: 74% (August 2007 to November 2008).
Chart figures for advanced users
- SMA 50$154.41
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$131.25
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)35
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$38.81
- The lowest closing price of the last twelve months.
- Resistance$193.30
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Elite Material Co., Ltd. belongs to the Electronic Components industry (Taiwan) and, with a market value of $44.78B, is number 12 of 119 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $2.87B (up 46.4% year on year) and earnings of $445.81M (up 52.9%).
- For fiscal 2026, analysts expect on average revenue of $6.37B (up 122.1%) and adjusted earnings per share of $3.94 (up 212.2%).
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- MEQIRI Score 70 out of 100 (Strong): rank 224 of 854 in Technology, median 61.
- The P/E is 44 (Electronic Components median 31.5, own median of recent years 13.7).
- Our model puts fair value at $202.68, with the price 38% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Analysts expect strong earnings growthUp 60.8% a year through 2028 (estimates from 16 analysts).Growth 76
- Growing faster than its industryRevenue up 28.2% a year since 2020, Electronic Components median 11.1%.Growth 76
- Earnings per share growingUp 29.8% a year since 2020.Growth 76
Weaknesses
- Negative free cash flowFree cash flow −$41.71M over the last 12 months.
- Volatile share priceVolatility 71% a year over the last 12 months.Stability 68
- Richly valuedP/E 44, Electronic Components median 31.5, own median 13.7.Valuation 61
Its standout strengths are profitability and fundamentals.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 72 to 70.
Fundamentals are strong, with stable profits.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $135.12 and expensive above $405.35 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $315.84 (cash-flow model) and $89.51 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 10.3%. At 11.3% the fair value would be $177.56, at 9.3% it would be $237.26.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (31.5).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In fiscal 2025, revenue rose 46.4% on the prior year. Revenue has grown strongly since 2006, at around 14% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 30%, operating 20%, net 16%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with moderate debt and comfortable interest coverage.
Earnings
- Next earnings
- 25 Feb 2027in 104 days
- Last reported
- 28 Oct 2026EPS reported $1.23 (expected $1.08)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 15.2% since 24 Oct 2026.
- Earnings per share
- $3.94+10.5%
- Revenue
- $6.37B+5.7%
- Earnings per share
- $8.21+15.2%
- Revenue
- $11.25B+9.9%
MEQIRI has stored the estimates since 24 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Elite Material
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
854 rated companies in Technology
- This company
- 70
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Electronic Components
The next larger and next smaller companies by market value
- GarminGRMN $55.15B81
- Keysight TechnologiesKEYS $51.79B70
- Samsung Electro-Mechanics009150.KS $48.28B59
- CoherentCOHR $45.71B51
- Unimicron Technology3037.TW $39.55B63
- Asia Vital Components3017.TW $33.17B77
- CelesticaCLS $32.04B69
- Teledyne TechnologiesTDY $30.02B67
ETFs that hold Elite Material
Held by 43 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Xtrackers MSCI Taiwan UCITS ETF 1CDBX5 | 1.89% | 0.65% | €558.25M |
| Fidelity Emerging Markets Quality Income UCITS ETF ACC-USDFYEM | 1.78% | 0.50% | €247.81M |
| UBS Core MSCI EM UCITS ETF USD disUIMI | 0.52% | 0.15% | €10.57B |
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| iShares Edge MSCI EM Minimum Volatility UCITS ETFEUNZ | 0.50% | 0.40% | €435.04M |
| HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USDH411 | 0.46% | 0.45% | €400.6M |
| State Street SPDR MSCI EM Asia UCITS ETF Accum USDSPYA | 0.43% | 0.55% | €1.34B |
| Franklin FTSE Asia ex China ex Japan UCITS ETFFVSJ | 0.43% | 0.14% | €547.95M |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingVFEA | 0.42% | 0.17% | €5.24B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NT$32.8500)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 10 Nov 2026, previously Neutral
- Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.