Hiwin Technologies (TPE:2049) Cyclically Adjusted Revenue per Share: NT$84.77 (As of Mar. 2026)

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TPE:2049 Hiwin Technologies Corp TPE:2049
70 GF Score
Price NT$323.00
GF Value NT$237.88
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hiwin Technologies Cyclically Adjusted Revenue per Share?

Hiwin Technologies TPE:2049 +3.19% 70 Cyclically Adjusted Revenue per Share is NT$84.77 as of Mar. 2026. GuruFocus rates TPE:2049 with a GF Score™ of 70/100 and a GF Value™ of NT$237.88 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Hiwin Technologies's adjusted revenue per share for the three months ended in Mar. 2026 was NT$18.004. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$84.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hiwin Technologies's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Hiwin Technologies was 9.70% per year. The lowest was 4.40% per year. And the median was 8.35% per year.

As of today (2026-07-27), Hiwin Technologies's current stock price is NT$323.00. Hiwin Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$84.77. Hiwin Technologies's Cyclically Adjusted PS Ratio of today is 3.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hiwin Technologies was 7.42. The lowest was 2.19. And the median was 3.30.


Hiwin Technologies  (TPE:2049) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Hiwin Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=323.00/84.77
=3.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hiwin Technologies was 7.42. The lowest was 2.19. And the median was 3.30.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Hiwin Technologies Cyclically Adjusted Revenue per Share Related Terms


Hiwin Technologies Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hiwin Technologies's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hiwin Technologies Cyclically Adjusted Revenue per Share Chart

Hiwin Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.85 72.65 77.01 79.93 82.68

Hiwin Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.12 81.69 82.37 82.68 84.77

TPE:2049 vs SNA, RBC, SWK: Cyclically Adjusted Revenue per Share Comparison

For the Tools & Accessories subindustry, Hiwin Technologies's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hiwin Technologies Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hiwin Technologies's Cyclically Adjusted PS Ratio falls into.


TPE:2049
70GF Score
Hiwin Technologies Corp TPE:2049
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiwin Technologies Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hiwin Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.004/330.2130*330.2130
=18.004

Current CPI (Mar. 2026) = 330.2130.

Hiwin Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.442 241.018 18.417
201609 13.088 241.428 17.901
201612 14.086 241.432 19.266
201703 13.301 243.801 18.015
201706 15.326 244.955 20.660
201709 17.495 246.819 23.406
201712 19.100 246.524 25.584
201803 20.379 249.554 26.966
201806 24.203 251.989 31.716
201809 25.593 252.439 33.478
201812 19.641 251.233 25.816
201903 15.017 254.202 19.507
201906 18.202 256.143 23.466
201909 15.155 256.759 19.491
201912 12.385 256.974 15.915
202003 10.905 258.115 13.951
202006 17.001 257.797 21.777
202009 17.717 260.280 22.477
202012 18.465 260.474 23.409
202103 17.401 264.877 21.693
202106 20.461 271.696 24.868
202109 22.031 274.310 26.521
202112 19.562 278.802 23.169
202203 21.928 287.504 25.185
202206 24.118 296.311 26.877
202209 22.814 296.808 25.382
202212 15.691 296.797 17.458
202303 16.158 301.836 17.677
202306 18.620 305.109 20.152
202309 18.491 307.789 19.838
202312 16.241 306.746 17.483
202403 15.542 312.332 16.432
202406 17.420 314.175 18.309
202409 17.804 315.301 18.646
202412 18.018 315.605 18.852
202503 16.483 319.799 17.020
202506 16.650 322.561 17.045
202509 16.943 324.800 17.225
202512 18.315 324.054 18.663
202603 18.004 330.213 18.004

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$84.77 mean?
Hiwin Technologies (TPE:2049) has a Cyclically Adjusted Revenue per Share of NT$84.77 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hiwin Technologies and its competitors.
Is Hiwin Technologies' Cyclically Adjusted Revenue per Share too high?
Hiwin Technologies' current Cyclically Adjusted Revenue per Share is NT$84.77. Overall, Hiwin Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Technologies' Cyclically Adjusted Revenue per Share compare to SNA and RBC?
Hiwin Technologies' Cyclically Adjusted Revenue per Share of NT$84.77 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hiwin Technologies and its competitors. Hiwin Technologies's current Cyclically Adjusted Revenue per Share is NT$84.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Technologies (TPE:2049) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$237.88, compared to a current price of NT$323.00 — trading 35.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$84.77. Hiwin Technologies' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hiwin Technologies (TPE:2049), the current Cyclically Adjusted Revenue per Share is NT$84.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hiwin Technologies (TPE:2049) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Technologies stock appears to be overvalued. The current stock price of NT$323.00 is trading 35.8% above its estimated GF Value™ of NT$237.88. GuruFocus considers Hiwin Technologies to be Significantly Overvalued.

Key valuation signals for TPE:2049:

  • Cyclically Adjusted Revenue per Share: NT$84.77
  • GF Value™: NT$237.88 vs. price of NT$323.00 (35.8% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:2049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Technologies Business Description

Address No. 7, Jingke Road, Precision Machinery Park, Taichung, TWN, 408208
Hiwin Technologies Corp manufactures and sells ballscrews, linear guideways, industrial robots, aerospace automation equipment parts, computer numerical control (CNC) milling machines and medical equipment. Other products include Ball Spline, Linear Guideway Bearings, etc. The company's reportable segments are linear guideways, ballscrews, and others. The majority of revenue is generated from the Linear guideways segment. Geographically, it derives the maximum revenue from Taiwan, followed by China, Germany, Japan, the United States, and Others.
70GF Score

Get the complete analysis for TPE:2049

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$323.00
Price
NT$237.88
GF Value