Compucase Enterprise Co Ltd (3032) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Compucase Enterprise Co Ltd stock TWD 115, price TWD 62.10, upside +85.0%, quality 31 out of 100. Rating: strongly undervalued. Calculated from audited financials with 12 of our 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 6, 2026.
How to read this chart
60‑month range 24.33 TWD – 119.50 TWD · fair‑value band 77.53 TWD – 163.37 TWD · the 62.10 TWD price screens below the 114.87 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Compucase Enterprise Co., Ltd. designs and manufactures PC cases, power supplies, rackmount chassis, and cabinets worldwide. It also manufactures LED drivers, LED luminaires, LED panels, and switching power and open-frame power supplies.
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In addition, the company engages in the manufacture and sale of medical devices and equipment, cases, cabinets, computers, server chassis, computer parts and accessories, keyboards, plates, scanners, molds, dies, and other components; cutting and processing of iron materials; and the import and export of electronics, optoelectronics, and precision products, and plastic injectors.
It offers its products under the HEC brand to OEM customers, industrial users, system integrators, and f customers. Compucase Enterprise Co., Ltd. was founded in 1979 and is headquartered in Tainan City, Taiwan.
Stock analysis
Compucase Enterprise Co Ltd (3032) currently trades at 62.10 TWD, while our model-based Fair Value estimate is 114.87 TWD, implying the stock looks roughly 46% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 155.39 TWD per share, and 11 of the 12 models we run sit above the 62.10 TWD price.
Bear case: the Earnings-Based group reads lowest at 70.52 TWD, and 1 of the 12 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 77.53 TWD (bear) to 163.37 TWD (bull), the price of 62.10 TWD sits below 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 31/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Compucase Enterprise Co Ltd reported revenue of 11.2B TWD in FY2025 versus 8.3B TWD in FY2021, a compound +7.8%/yr. Reported net income was −894M TWD in FY2025.
Key figures
Market cap 8.2B TWD (≈ $251M) Micro · P/S ratio 0.69 · EPS (TTM) −3.28 TWD · Dividend yield 3.8% · Net margin −3.0% · Return on equity −12.2% · Return on assets (EBIT) 7.2% (5-year average) · Operating margin 9.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 21 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 3% 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 85%, 3032 screens cheaper than that median.
Fair Value models
Bear77.53 TWDFair Value 114.87 TWDBull163.37 TWD
Price 62.10 TWD · Upside +85.0%
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.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.
Best data coverage
FCF DCF76.39 TWD99.63 TWD130.02 TWD82
Growth DCF76.22 TWD95.84 TWD119.70 TWD80
5Y EBITDA Exit130.10 TWD209.69 TWD304.94 TWD75
All 12 models by family
DCF Models
FCF DCF76.39 TWD99.63 TWD130.02 TWD82
5Y Revenue Exit91.21 TWD135.14 TWD192.20 TWD73
5Y EBITDA Exit130.10 TWD209.69 TWD304.94 TWD75
10Y Revenue Exit82.00 TWD117.05 TWD165.80 TWD67
10Y EBITDA Exit105.55 TWD162.32 TWD241.74 TWD68
Earnings-Based
EPV65.52 TWD70.52 TWD74.60 TWD74
Multiples
EV/EBIT101.59 TWD155.39 TWD209.18 TWD65
EV/EBITDA103.64 TWD158.12 TWD212.60 TWD66
EV/Revenue21.79 TWD56.76 TWD91.73 TWD50
Growth DCF
Growth DCF76.22 TWD95.84 TWD119.70 TWD80
Rev-Margin DCF91.21 TWD134.67 TWD186.17 TWD73
Economic Profit
ROIC Compounder65.52 TWD70.52 TWD74.60 TWD72
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.38/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+51.2%
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.
+20.6%
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.
+3.9%
Start year 2020 (pandemic). Over 10 years: +11.9% a year
Revenue growth 23 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.
+7.4%
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Profit margin (trend) ⓘ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.
8.2% (2020) → 9.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
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).
+21.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +19.2% a year for the price.
Compare Compucase Enterprise Co Ltd with another stock
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 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score31 · Bottom 25%
Fair Value upside+85.0% · Top 25%
Profitability
Return on assets−4.4% · Bottom 25%
Net margin (12 months)−3.0% · Bottom 25%
Operating margin (12 months)9.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)13.4% · Below median
Dividend yield (12 months)3.8% · Above median
Balance sheet
Debt / equity0.75× · Highest 25%
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/B3.31× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)0.69× · Cheaper than median
Price / free cash flow (fiscal year)15.9× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Compucase Enterprise Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3032
Frequently asked questions
Is Compucase Enterprise Co Ltd (3032) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 114.87 TWD versus a price of 62.10 TWD, about +85% upside (undervalued).
What is the fair value of 3032?
Our model-based fair value for Compucase Enterprise Co Ltd is 114.87 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 62.10 TWD.
What is the quality score of 3032?
Compucase Enterprise Co Ltd has a Quality Score of 31/100. 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 Compucase Enterprise Co Ltd (3032)?
Our model-based price target is the fair value of 114.87 TWD (as of Nov 6, 2026) from 12 valuation models. Cautious scenario 77.53 TWD, optimistic scenario 163.37 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Compucase Enterprise Co Ltd stock forecast for 2026?
Our models put fair value at 114.87 TWD, about +85% upside versus a price of 62.10 TWD (undervalued). Cautious scenario 77.53 TWD, optimistic scenario 163.37 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Compucase Enterprise Co Ltd (3032)?
Compucase Enterprise Co Ltd reported trailing-twelve-month revenue of about 11.9B TWD (latest available figure, as of Nov 6, 2026).
Does Compucase Enterprise Co Ltd pay a dividend?
Compucase Enterprise Co Ltd currently shows a dividend yield of 3.79% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Compucase Enterprise Co Ltd (3032)?
Compucase Enterprise Co Ltd has a dividend yield of 3.8%.
What growth is priced into Compucase Enterprise Co Ltd (3032)?
For today's price to be fair in a discounted-cash-flow model, Compucase Enterprise Co Ltd would have to grow free cash flow by +21.1 % per year for five years (discount rate 12.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.9 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 3032 use?
Our models discount Compucase Enterprise Co Ltd at 12.3 %: a base by market capitalisation (micro), damped by beta 0.70, 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 Compucase Enterprise Co Ltd that is +21.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.3 %) and the same formula as our fair value.
How much growth has Compucase Enterprise Co Ltd (3032) delivered so far?
Over the past 5 years revenue at Compucase Enterprise Co Ltd grew +3.9 % a year. The price currently implies free-cash-flow growth of +21.1 % 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 Compucase Enterprise Co Ltd (3032) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Compucase Enterprise Co Ltd (+21.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Compucase Enterprise Co Ltd (3032)?
The free-cash-flow yield on the price is 6.28 %: that much free cash flow Compucase Enterprise Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Compucase Enterprise Co Ltd (3032)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Compucase Enterprise Co Ltd it is 114.87 TWD per share (as of Nov 6, 2026), against a price of 62.10 TWD. It is the blended result of 12 valuation models in 5 families (DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit).
Is Compucase Enterprise Co Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 3032 trades below its calculated fair value: price 62.10 TWD, fair value 114.87 TWD, a gap of about +85% (undervalued). 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 3032?
No. The price is what the market pays today (62.10 TWD); the fair value is what the company's own numbers justify (114.87 TWD). For Compucase Enterprise Co Ltd the two are 52.77 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Compucase Enterprise Co Ltd worth?
The market values Compucase Enterprise Co Ltd at about 8.2B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 62.10 TWD; our models calculate a fair value of 114.87 TWD per share.
What do the bullish and bearish scenarios say about 3032?
Our models span a range for Compucase Enterprise Co Ltd: cautious scenario 77.53 TWD, base 114.87 TWD, optimistic 163.37 TWD per share (as of Nov 6, 2026, price 62.10 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Compucase Enterprise Co Ltd (3032)?
Balance-sheet figures for Compucase Enterprise Co Ltd (as of Nov 6, 2026): return on equity −12.2%, debt of 0.75 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is 3032 from its 52-week high?
Compucase Enterprise Co Ltd trades at 62.10 TWD, about 35% below its 52-week high of 96.10 TWD and 3% above the low of 60.40 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 114.87 TWD is for.
Which stocks are comparable to Compucase Enterprise Co Ltd?
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 Compucase Enterprise Co Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price 62.10 TWD, calculated fair value 114.87 TWD (+85%), Quality Score 31/100, from 12 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 3032 calculated?
We run Compucase Enterprise Co Ltd through 12 models from 5 families: DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 114.87 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 13.3% above its aggregate fair value. Compucase Enterprise Co Ltd currently trades 46% below its own fair value, and the market average says nothing about that. 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 Compucase Enterprise Co Ltd (3032)?
The closing price on Nov 9, 2026 was 62.10 TWD. Our model-based fair value is 114.87 TWD, about +85% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Compucase Enterprise Co Ltd right now?
The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (77.53 TWD). The market is more pessimistic than our downside scenario. A fairly wide model range (77.53 TWD to 163.37 TWD) leaves room in how you read the outcome.
Where does the earnings growth of Compucase Enterprise Co Ltd (3032) come from?
Earnings per share at Compucase Enterprise Co Ltd grew +6.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.2 %, EBIT margin +1.2 %, tax rate +0.4 %, residual (interest, one-offs) −0.9 %. 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 Compucase Enterprise Co Ltd
How large is the market capitalisation of Compucase Enterprise Co Ltd (3032)?
The market capitalisation of Compucase Enterprise Co Ltd is 8.2B TWD (≈ $251M). 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 Compucase Enterprise Co Ltd (3032)?
The price-to-sales ratio of Compucase Enterprise Co Ltd is 0.69 (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 Compucase Enterprise Co Ltd (3032)?
Earnings per share at Compucase Enterprise Co Ltd are −3.28 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Compucase Enterprise Co Ltd (3032)?
The dividend yield of Compucase Enterprise Co Ltd is 3.8%. 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 Compucase Enterprise Co Ltd (3032)?
The net margin of Compucase Enterprise Co Ltd is −3.0% (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 Compucase Enterprise Co Ltd (3032)?
The return on equity (ROE) of Compucase Enterprise Co Ltd is −12.2% (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 Compucase Enterprise Co Ltd (3032)?
On an EBIT basis the return on assets of Compucase Enterprise Co Ltd is 7.2% (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 Compucase Enterprise Co Ltd (3032)?
The operating margin of Compucase Enterprise Co Ltd is 9.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Compucase Enterprise Co Ltd (3032)?
Revenue at Compucase Enterprise Co Ltd is growing +13.4% versus a year earlier (3y avg +20.6%). 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 Compucase Enterprise Co Ltd (3032)?
Earnings per share at Compucase Enterprise Co Ltd are growing −39.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Compucase Enterprise Co Ltd (3032) carry?
The net debt of Compucase Enterprise Co Ltd is 6.8B TWD (fiscal year 2025, ≈ 13.1 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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Some data
Nov 6, 2026