3444.TWO

Premium Grower

Niching Industrial Corporation · Technology · Taiwan · $101M cap · $533K/day traded

TWD 75.20 -4.3% · close 12 Nov · scored 13 Nov

Score down 3.7 since 12 Nov: Momentum down 4 after a 4% price fall.

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

54
Score
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Quality
56
Value
42
Momentum
51

As of 13 Nov 2026, the MoatMap Score for Niching Industrial Corporation (3444.TWO) is 54/100, ranked against 25,000+ stocks in 38 markets (Quality 56, Value 42, Momentum 51, each scored against its sector).

Does the score work? Each tenth of the ranking, tracked monthly. See the record →

P/E (TTM)
31.6x
peers 19.6x
ROE
8.7%
peers 10.7%
D/E
0.2x
peers 0.2x
Dividend %
2.9%
trailing yield

ABOUT NICHING INDUSTRIAL CORPORATION

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Niching Industrial Corporation distributes advanced semiconductor packaging materials, thermal interface materials, and precision manufacturing equipment. The company's competitive moat lies in its dual role as a distributor and technical service partner, offering customized material solutions to leading semiconductor packaging houses (OSATs). It operates as a vital supply chain partner in Taiwan's advanced semiconductor packaging ecosystem.

FINANCIAL SUMMARY (TWD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue—1.1B976.4M1.2B1.3B6.3%1.3B1.5B2.1B29.8%
EPS (TWD)3.284.912.122.392.15-10.1%1.983.01—40.2%
Shares—41.0M45.0M45.0M45.0M+9.7%45.0M———
Debt—155.2M10.1M8.8M5.2M-67.7%216.9M———
Equity—920.3M1.1B1.1B1.1B5.5%————
Op CF—112.9M158.7M88.5M121.8M2.5%107.7M———
Inv CF—1.5M-14.4M-50.1M150.8M—————
Fin CF—-70.1M-72.5M-106.0M-95.5M—————
PRICE (1Y) · TWD-7.5%
62.967.572.176.781.330 Sep22 Oct12 Nov
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 71% of stocks we rank over the past year (volatility 57% a year).

How this is worked out

The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.

  • Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
  • Finding a floor: It fell hard, but has set no new low for more than two weeks.
  • Turning up: It has climbed off its low and is back above a rising 50-day average.
  • In an uptrend: It is near its 52-week high and above its 200-day average.
  • No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
  • No read yet: Not enough price history yet: it needs a year of trading.

In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.

The exact rules

Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. 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, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.

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 (the Turning up rule above) 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: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and 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 75.20
RSI (14)
52.5
52-Week Range-37.9% from high
Low TWD 48.40High TWD 121.11

SCORE BREAKDOWN

Quality
56
ROIC
10.2%57.1
ROE
8.7%51.1
GP/Assets
16.6%39.8
Op. Margin
4.1%38.2
FCF/Assets
7.0%68.3
Piotroski
781.7
Int. Cover
50.0x84.7
D/E Ratio
0.21x48.7
Current Ratio
1.97x49.8
Value
42
P/E (TTM)
31.6x38.6
EV/EBITDA
37.2x20.1
P/FCF
31.7x46.3
P/B
2.6x49.8
P/S
2.2x53.5
Div Yield
2.9%73.3
Momentum
51
52W High %
62%54.5
RS 6M
-24%30.9
SMA 50/200
0.99x53.8
EPS Rev 4W
0.0%48.7
EPS Rev 12W
—N/A
EPS Improve
+124%68.3
Q Growth
54%59.0

FUNDAMENTALS

Market Cap
$101M
P/E (Forward)
—
Gross Margin
19.4%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 3444.TWO are excluded.

TickerCompanyMkt CapScore
3444.TWONiching Industrial Corporation(you)$101M54
6218.TWOHauman Technologies Corp.$99M58
3490.TWOSingle Well Industrial Corporation$70M60
6425.TWOEasy Field Corporation$114M32
4760.TWOAmple Electronic Technology Co.,Ltd.$327M57
3467.TWOForcera Materials Co., Ltd.$59M34
6735.TWOAMIDA Technology, Inc.$82M26
6532.TWOCalitech Co., Ltd.$134M83
6266.TWOTop Union Electronics Corp.$117M87
3041.TWALi Corporation$101M15

Peer medians: ROE 10.7% · P/E 19.6x · Gross margin 26.0%

Company Deep Dive

A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.

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Niching Industrial Corporation (3444.TWO): Stock Score Summary

Niching Industrial Corporation (3444.TWO) has a MoatMap Score of 54/100 based on Quality (56/100), Value (42/100), and Momentum (51/100) factor scores.

Niching Industrial Corporation distributes advanced semiconductor packaging materials, thermal interface materials, and precision manufacturing equipment. The company's competitive moat lies in its dual role as a distributor and technical service partner, offering customized material solutions to leading semiconductor packaging houses (OSATs). It operates as a vital supply chain partner in Taiwan's advanced semiconductor packaging ecosystem.

Director dealings

From 8 Jun 2026 to 12 Nov 2026, MoatMap's records hold no purchases or sales of Niching Industrial Corporation (3444.TWO) shares by its directors.

3444.TWO insider filings, last 180 days

Key Financial Metrics

PriceTWD 75.20
Market Cap$101M
P/E (TTM)31.61
Price/Book2.62
Return on Equity8.7%
Return on Invested Capital10.2%
Debt/Equity0.21x
Gross Margin19.4%
Operating Margin4.1%
Revenue Growth4.6%
Dividend Yield2.9%
Free Cash Flow$3M

Niching Industrial Corporation operates in the Semiconductor Equipment & Materials industry, part of the Technology sector (Taiwan).

Frequently Asked Questions

What is Niching Industrial Corporation’s (3444.TWO) MoatMap Score?
The MoatMap Score for Niching Industrial Corporation (3444.TWO) is 54/100. It is a composite of Quality (56), Value (42), and Momentum (51), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does Niching Industrial Corporation have an economic moat?
Niching Industrial Corporation (3444.TWO) has a Quality factor score of 56/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is Niching Industrial Corporation in?
Niching Industrial Corporation (3444.TWO) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (Taiwan).