Kinpo Electronics Inc (2312) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kinpo Electronics Inc stock TWD 24.64, price TWD 25.90, that is 4.9% below the price, quality 51 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range 11.19 TWD – 43.40 TWD · fair‑value band 16.94 TWD – 34.66 TWD · the 25.90 TWD price screens above the 24.64 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Kinpo Electronics, Inc. designs, manufactures, and sells consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.
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The company offers consumer electronics, such as programming learning robots, commercial entertainment equipment, motion sensors, TI innovator rovers and hubs, and calculators; network devices, including fixed network broadband modems, digital set-top boxes, and wireless routers and communication infrastructures; printers and peripherals; and household appliances.
It also provides data storage devices comprising external storage devices, USB flash drives, solid state drives, embedded multimedia memory cards, NAS devices, cloud storage servers, eMMC embedded flash memory products, and flash memory chips; and plastic injection parts consisting of 3D printer top covers, metal bending products, nut and bolt processing products, printer parts, medical product parts, and smart home appliance parts.
In addition, the company engages in the reinvestment, dealer, and asset management businesses; manufacture and sale of chip diodes; trading in 3D printers; production and marketing of chip resistor and chip diodes; research and development and manufacture of chip components; wholesale, import, and export of electronic components, semiconductors special materials, and spare parts; auto-manage producing system development; and sale and lease of land and building.
The company was incorporated in 1973 and is headquartered in Taipei, Taiwan.
Stock analysis
Kinpo Electronics Inc (2312) currently trades at 25.90 TWD, while our model-based Fair Value estimate is 24.64 TWD, so the stock looks roughly fairly valued today (gap 5.1%).
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Valuation
Bull case: the Multiples group reads highest at a median of 31.29 TWD per share, and 10 of the 26 models we run sit above the 25.90 TWD price.
Bear case: the Dividend Discount group reads lowest at 5.55 TWD, and 16 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 16.94 TWD (bear) to 34.66 TWD (bull), the price of 25.90 TWD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Technology sector.
Mixed Growth: Spin-off in 2008: revenue and profit before it include the divested business. Growth is measured afresh from 2008.
Kinpo Electronics Inc reported revenue of 163B TWD in FY2025 versus 140B TWD in FY2021, a compound +4.0%/yr. Reported net income was 1.6B TWD in FY2025, compounding +63.3%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 39.1B TWD (≈ $1.2B) Small · P/E ratio 21.8 · P/S ratio 0.34 · EPS (TTM) 1.19 TWD · Dividend yield 2.3% · Net margin 1.1% · Return on equity 7.3% · Return on assets (EBIT) 2.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (medium confidence).
What moves the price
The share trades about 40% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −5%, 2312 screens cheaper than that median.
Fair Value models
Bear16.94 TWDFair Value 24.64 TWDBull34.66 TWD
Price 25.90 TWD · Downside -4.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.5043 TWD per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2008: revenue and profit before it include the divested business. Growth is measured afresh from 2008.
Revenue growth 1 year
−0.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.0%
Start year 2020 (pandemic). Over 10 years: +14.8% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.9%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +36.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +34.0%
Dividend (yield on the price)2.3%
Per share before 2008divided by the spin-off factor 1.02
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 34.0% / −2.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.1% → 2%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.18 per share, median 0.64 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+18.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +16.2% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Computer Hardware · 213 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside−4.9% · Above median
Profitability
Return on equity (12 months)7.3% · Below median
Return on assets1.8% · Below median
Net margin (12 months)1.6% · Below median
Operating margin (12 months)3.1% · Below median
Growth and dividend
Revenue growth (quarter YoY)5.4% · Below median
Dividend yield (12 months)2.3% · Below median
Balance sheet
Debt / equity0.60× · Highest 25%
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/E (12 months)21.8× · Pricier than median
P/B1.72× · Cheaper than median
P/S (12 months)0.34× · Cheapest 25%
Price / free cash flow (fiscal year)20.3× · Cheaper than median
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Is Kinpo Electronics Inc (2312) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 24.64 TWD versus a price of 25.90 TWD, about 5% lower (fairly valued).
What is the fair value of 2312?
Our model-based fair value for Kinpo Electronics Inc is 24.64 TWD (as of Nov 5, 2026), built from audited fundamentals. The current price: 25.90 TWD.
What is the quality score of 2312?
Kinpo Electronics Inc has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Kinpo Electronics Inc (2312)?
Our model-based price target is the fair value of 24.64 TWD (as of Nov 5, 2026) from 26 valuation models. Cautious scenario 16.94 TWD, optimistic scenario 34.66 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Kinpo Electronics Inc stock forecast for 2026?
Our models put fair value at 24.64 TWD, about 5% lower versus a price of 25.90 TWD (fairly valued). Cautious scenario 16.94 TWD, optimistic scenario 34.66 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Kinpo Electronics Inc (2312)?
Kinpo Electronics Inc reported trailing-twelve-month revenue of about 159B TWD (latest available figure, as of Nov 5, 2026).
Does Kinpo Electronics Inc pay a dividend?
Kinpo Electronics Inc currently shows a dividend yield of 2.32% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Kinpo Electronics Inc (2312) and when is the ex-dividend date?
Kinpo Electronics Inc pays a dividend of 0.6 TWD per share a year, a dividend yield of 2.3%. The last ex-dividend date was Jun 23, 2026. The payout ratio is 50.4% of earnings. Free cash flow covers the dividend 2.91 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Kinpo Electronics Inc (2312)?
For today's price to be fair in a discounted-cash-flow model, Kinpo Electronics Inc would have to grow free cash flow by +18.1 % per year for five years (discount rate 11.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.0 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 2312 use?
Our models discount Kinpo Electronics Inc at 11.5 %: a base by market capitalisation (small), damped by beta 0.90, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Kinpo Electronics Inc that is +18.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.5 %) and the same formula as our fair value.
How much growth has Kinpo Electronics Inc (2312) delivered so far?
Over the past 5 years revenue at Kinpo Electronics Inc grew +5.0 % a year. The price currently implies free-cash-flow growth of +18.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Kinpo Electronics Inc (2312) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Kinpo Electronics Inc (+18.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Kinpo Electronics Inc (2312)?
The free-cash-flow yield on the price is 6.75 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Kinpo Electronics Inc produces per unit of market value. When it exceeds the discount rate of our models (11.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Kinpo Electronics Inc (2312)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kinpo Electronics Inc it is 24.64 TWD per share (as of Nov 5, 2026), against a price of 25.90 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Kinpo Electronics Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 2312 trades above its calculated fair value: price 25.90 TWD, fair value 24.64 TWD, a gap of about −5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 2312?
No. The price is what the market pays today (25.90 TWD); the fair value is what the company's own numbers justify (24.64 TWD). For Kinpo Electronics Inc the two are 1.26 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Kinpo Electronics Inc worth?
The market values Kinpo Electronics Inc at about 39.1B TWD (market capitalisation, as of Nov 5, 2026). Per share that is 25.90 TWD; our models calculate a fair value of 24.64 TWD per share.
What do the bullish and bearish scenarios say about 2312?
Our models span a range for Kinpo Electronics Inc: cautious scenario 16.94 TWD, base 24.64 TWD, optimistic 34.66 TWD per share (as of Nov 5, 2026, price 25.90 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2312?
Kinpo Electronics Inc trades at a price-to-earnings ratio of 21.8 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 24.64 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 30.5. Other multiples: P/B 1.7, P/S 0.3, EV/EBITDA 8.2.
How solid is the balance sheet of Kinpo Electronics Inc (2312)?
Balance-sheet figures for Kinpo Electronics Inc (as of Nov 5, 2026): return on equity 7.3%, debt of 0.60 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 2312 from its 52-week high?
Kinpo Electronics Inc trades at 25.90 TWD, about 40% below its 52-week high of 43.40 TWD and 23% above the low of 21.00 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 24.64 TWD is for.
Which stocks are comparable to Kinpo Electronics Inc?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Kinpo Electronics Inc stock attractive at the current price?
The data as of Nov 5, 2026: price 25.90 TWD, calculated fair value 24.64 TWD (−5%), Quality Score 51/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 2312 calculated?
We run Kinpo Electronics Inc through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 24.64 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Kinpo Electronics Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Kinpo Electronics Inc (2312)?
The closing price on Nov 6, 2026 was 25.90 TWD. Our model-based fair value is 24.64 TWD, about 5% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kinpo Electronics Inc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (16.94 TWD to 34.66 TWD) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Kinpo Electronics Inc (2312) come from?
Earnings per share at Kinpo Electronics Inc grew −4.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.9 %, EBIT margin +6.4 %, tax rate −1.6 %, residual (interest, one-offs) −14.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Kinpo Electronics Inc
How large is the market capitalisation of Kinpo Electronics Inc (2312)?
The market capitalisation of Kinpo Electronics Inc is 39.1B TWD (≈ $1.2B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Kinpo Electronics Inc (2312)?
The price-to-sales ratio of Kinpo Electronics Inc is 0.34 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kinpo Electronics Inc (2312)?
Earnings per share at Kinpo Electronics Inc are 1.19 TWD (price ÷ EPS = P/E 21.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kinpo Electronics Inc (2312)?
The dividend yield of Kinpo Electronics Inc is 2.3% (payout 50.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Kinpo Electronics Inc (2312)?
The net margin of Kinpo Electronics Inc is 1.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Kinpo Electronics Inc (2312)?
The return on equity (ROE) of Kinpo Electronics Inc is 7.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Kinpo Electronics Inc (2312)?
On an EBIT basis the return on assets of Kinpo Electronics Inc is 2.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Kinpo Electronics Inc (2312)?
The operating margin of Kinpo Electronics Inc is 3.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kinpo Electronics Inc (2312)?
Revenue at Kinpo Electronics Inc is growing +5.4% versus a year earlier (3y avg −3.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Kinpo Electronics Inc (2312)?
Earnings per share at Kinpo Electronics Inc are growing +76.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Kinpo Electronics Inc (2312) carry?
The net debt of Kinpo Electronics Inc is 27.0B TWD (fiscal year 2025, ≈ 10.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 5, 2026