2478.TW

HoldPremium GrowerAI neutral

TA-I Technology Co., Ltd. · Technology · Taiwan · $538M cap · $22.5M/day traded

TWD 118.50 -6.3% · close 22 Oct · scored 23 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

62
StockRank
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Quality
56
Value
47
Momentum
53

As of 23 Oct 2026, MoatMap's StockRank for TA-I Technology Co., Ltd. (2478.TW) is 62/100, ranked against 24,000+ stocks in 35 markets (Quality 56, Value 47, Momentum 53, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
27.4x
peers 25.2x
ROE
10.0%
peers 10.8%
D/E
0.2x
peers 0.2x
Dividend %
1.4%
trailing yield
AI CONVICTION THESIS

TA-I Technology is one of the world's largest makers of chip resistors and circuit-protection components. AI servers use more passive components, which helps demand, but resistors are a competitive, largely commoditised product where larger rivals set prices, and the company's earnings historically swing with the electronics inventory cycle.

ABOUT TA-I TECHNOLOGY CO., LTD.

Read

TA-I Technology Co., Ltd. is a leading manufacturer of thick film and thin film chip resistors, as well as protection devices for the electronics industry. The company commands a significant market share by leveraging economies of scale and highly automated production facilities to deliver high-volume, cost-competitive components. It is a key global player in the passive components market, serving automotive, industrial, and consumer sectors.

FINANCIAL SUMMARY (TWD)

Year20212022202320242025CAGRTTM
Revenue—5.0B4.6B5.0B5.4B2.6%5.9B
EPS (TWD)6.604.312.563.133.46-14.9%4.86
Shares—144.7M144.7M144.7M142.7M-1.4%142.7M
Debt—1.4B1.6B1.3B1.4B-0.6%1.2B
Equity—6.5B6.5B6.9B7.0B2.6%—
Op CF—1.1B1.3B981.5M934.1M-5.0%653.7M
Inv CF—-736.8M-1.0B-534.7M-614.9M——
Fin CF—-567.1M-83.9M-522.1M-297.7M——
Loading 1Y...
PRICE (1Y) · TWD-2.1%
1171231301361428 Sep1 Oct22 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 85% of stocks we rank over the past year (73% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
TWD 118.50
RSI (14)
45.9
52-Week Range-53.3% from high
Low TWD 48.26High TWD 253.67

SCORE BREAKDOWN

Quality
56
ROIC
7.4%49.0
ROE
10.0%55.0
GP/Assets
14.4%32.8
Op. Margin
18.3%80.1
FCF/Assets
2.1%45.0
Piotroski
892.5
Int. Cover
36.8x66.3
D/E Ratio
0.16x54.8
Current Ratio
2.59x66.1
Value
47
P/E (TTM)
27.4x50.9
EV/EBITDA
14.4x56.9
P/FCF
78.6x20.1
P/B
2.6x56.7
P/S
3.3x45.6
Div Yield
1.4%53.1
Momentum
53
52W High %
47%23.0
RS 6M
35%85.7
SMA 50/200
1.15x80.2
EPS Rev 4W
-0.1%36.4
EPS Rev 12W
-1.3%17.9
EPS Improve
+49%39.4
Q Growth
189%80.9

FUNDAMENTALS

Market Cap
$538M
P/E (Forward)
18.3x
Gross Margin
25.5%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 2478.TW are excluded.

TickerCompanyMkt CapStockRankSignal
2478.TWTA-I Technology Co., Ltd.(you)$538M62Hold
3526.TWOAlltop Technology Co., Ltd.$559M64Hold
5284.TWJPP Holding Company Limited$512M59Hold
8042.TWOTaiwan Chinsan Electronic Industrial Co., Ltd.$474M59Hold
6209.TWKinko Optical Co., Ltd.$453M65Hold
5439.TWOFirst Hi-tec Enterprise Co., Ltd.$759M61Hold
2374.TWAbility Enterprise Co., Ltd.$704M59Hold
6176.TWRadiant Opto-Electronics Corporation$745M60Hold
3357.TWOTAI-TECH Advanced Electronics Co., Ltd.$724M54Hold
6962.TWITH Corporation$487M50Hold

Peer medians: ROE 10.8% · P/E 25.2x · Gross margin 25.8%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

TA-I Technology Co., Ltd. (2478.TW): Stock Score Summary

TA-I Technology Co., Ltd. (2478.TW) has a MoatMap StockRank of 62/100 based on Quality (56/100), Value (47/100), and Momentum (53/100) factor scores. The current signal is HOLD. TA-I Technology is one of the world's largest makers of chip resistors and circuit-protection components. AI servers use more passive components, which helps demand, but resistors are a competitive, largely commoditised product where larger rivals set prices, and the company's earnings historically swing with the electronics inventory cycle.

TA-I Technology Co., Ltd. is a leading manufacturer of thick film and thin film chip resistors, as well as protection devices for the electronics industry. The company commands a significant market share by leveraging economies of scale and highly automated production facilities to deliver high-volume, cost-competitive components. It is a key global player in the passive components market, serving automotive, industrial, and consumer sectors.

Key Financial Metrics

PriceTWD 118.50
Market Cap$538M
P/E (TTM)27.42
P/E (Forward)18.34
Price/Book2.61
Return on Equity10.0%
Return on Invested Capital7.4%
Debt/Equity0.16x
Gross Margin25.5%
Operating Margin18.3%
Revenue Growth20.4%
Dividend Yield1.4%
Free Cash Flow$7M

TA-I Technology Co., Ltd. operates in the Electronic Components industry, part of the Technology sector (Taiwan).

Frequently Asked Questions

What is TA-I Technology Co., Ltd.’s (2478.TW) StockRank?
MoatMap’s StockRank for TA-I Technology Co., Ltd. (2478.TW) is 62/100, with a Hold signal. It is a composite of Quality (56), Value (47), and Momentum (53), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does TA-I Technology Co., Ltd. have an economic moat?
TA-I Technology Co., Ltd. (2478.TW) has a Quality factor score of 56/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is TA-I Technology Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for TA-I Technology Co., Ltd. (2478.TW) is Hold, based on a StockRank of 62/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is TA-I Technology Co., Ltd. in?
TA-I Technology Co., Ltd. (2478.TW) operates in the Technology sector, specifically the Electronic Components industry (Taiwan).