Goldkey Technology Corporation (3135) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Goldkey Technology Corporation stock TWD 29.46, price TWD 118, that is 75.0% below the price, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 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 5, 2026.
How to read this chart
59‑month range 21.27 TWD – 260.50 TWD · fair‑value band 19.92 TWD – 60.39 TWD · the 118.00 TWD price screens above the 29.46 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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Goldkey Technology Corporation develops, manufactures, and sells memory module and storage equipment in Taiwan, the United States, China, and internationally. The company offers flash memory, dram module, and flash SSD flash storage devices.
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Goldkey Technology Corporation was founded in 1987 and is based in New Taipei City, Taiwan.
Stock analysis
Goldkey Technology Corporation (3135) currently trades at 118.00 TWD, while our model-based Fair Value estimate is 29.46 TWD, 75% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 123.92 TWD per share, and 4 of the 17 models we run sit above the 118.00 TWD price.
Bear case: the Dividend Discount group reads lowest at 12.33 TWD, and 13 of the 17 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 19.92 TWD (bear) to 60.39 TWD (bull), the price of 118.00 TWD sits above 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 39/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Goldkey Technology Corporation reported revenue of 7.7B TWD in FY2025 versus 4.4B TWD in FY2021, a compound +15.2%/yr. Reported net income was 446M TWD in FY2025, compounding +20.4%/yr from FY2021.
Key figures
Market cap 12.0B TWD (≈ $365M) Small · P/E ratio 5.1 · P/S ratio 0.76 · EPS (TTM) 22.92 TWD · Dividend yield 3.3% · Net margin 14.2% · Return on equity 74.7% · Return on assets (EBIT) 7.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 62 out of 100 (medium confidence).
What moves the price
The share trades about 55% below its 52-week high and 168% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −75%, 3135 screens richer than that median.
Fair Value models
Bear19.92 TWDFair Value 29.46 TWDBull60.39 TWD
Price 118.00 TWD · Downside -75.0%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (16.25 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.
Best data coverage
EPV23.53 TWD28.13 TWD31.91 TWD74
Residual Income23.43 TWD32.16 TWD54.29 TWD73
Owner Earnings12.86 TWD34.66 TWD71.05 TWD71
All 17 models by family
DCF Models
Owner Earnings12.86 TWD34.66 TWD71.05 TWD71
Earnings-Based
Graham-Dodd29.90 TWD182.01 TWD253.85 TWD63
Lynch FV52.07 TWD74.39 TWD96.70 TWD61
PEG = 1.052.07 TWD74.39 TWD96.70 TWD57
EPV23.53 TWD28.13 TWD31.91 TWD74
Dividend Discount
Gordon GGM7.37 TWD12.76 TWD16.98 TWD68
DDM Multi-Stage7.37 TWD11.90 TWD13.68 TWD67
Multiples
P/E Multiple92.32 TWD123.10 TWD153.87 TWD63
P/S Multiple56.05 TWD74.74 TWD93.42 TWD58
P/B Multiple94.08 TWD125.44 TWD156.80 TWD55
EV/EBIT81.73 TWD117.35 TWD152.98 TWD65
EV/EBITDA56.33 TWD83.48 TWD110.64 TWD66
EV/Revenue28.89 TWD52.04 TWD75.20 TWD52
Asset-Based
NCAV (Graham)10.25 TWD15.52 TWD19.41 TWD54
Economic Profit
Residual Income23.43 TWD32.16 TWD54.29 TWD73
ROIC Compounder24.98 TWD35.99 TWD46.52 TWD71
Growth Earnings
Growth-Adj P/E86.75 TWD123.92 TWD161.10 TWD67
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.60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+39.9%
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.
+29.1%
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.
+13.8%
Start year 2020 (pandemic)
Revenue growth 24 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.
+14.2%
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What shareholders gained per year (last 5 years), in TWD (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+50.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+47.4%
Dividend (yield on the price)3.3%
Profit margin 2019 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.2% → 8%
2025 sits 352% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Compare Goldkey Technology Corporation 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.Semiconductors · 370 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside−75.0% · Bottom 25%
Profitability
Return on equity (12 months)74.7% · Top 25%
Return on assets8.6% · Top 25%
Net margin (12 months)14.2% · Above median
Operating margin (12 months)16.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)320.1% · Top 25%
Dividend yield (12 months)3.3% · Top 25%
Balance sheet
Debt / equity0.63× · Highest 25%
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (12 months)5.1× · Cheapest 25%
P/B5.64× · Priciest 25%
P/S (12 months)0.76× · Cheapest 25%
EV/EBITDA4.7× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 100
PAST (return on equity)100· sector 28
HEALTH (low debt)68· sector 96
DIVIDEND (yield)66· sector 20
VALUE 0: the price sits above our fair-value range.
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.
Is Goldkey Technology Corporation (3135) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 29.46 TWD versus a price of 118.00 TWD, about 75% lower (overvalued).
What is the fair value of 3135?
Our model-based fair value for Goldkey Technology Corporation is 29.46 TWD (as of Nov 5, 2026), built from audited fundamentals. The current price: 118.00 TWD.
What is the quality score of 3135?
Goldkey Technology Corporation has a Quality Score of 39/100. 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 Goldkey Technology Corporation (3135)?
Our model-based price target is the fair value of 29.46 TWD (as of Nov 5, 2026) from 17 valuation models. Cautious scenario 19.92 TWD, optimistic scenario 60.39 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Goldkey Technology Corporation stock forecast for 2026?
Our models put fair value at 29.46 TWD, about 75% lower versus a price of 118.00 TWD (overvalued). Cautious scenario 19.92 TWD, optimistic scenario 60.39 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Goldkey Technology Corporation (3135)?
Goldkey Technology Corporation reported trailing-twelve-month revenue of about 15.8B TWD (latest available figure, as of Nov 5, 2026).
Does Goldkey Technology Corporation pay a dividend?
Goldkey Technology Corporation currently shows a dividend yield of 3.32% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Goldkey Technology Corporation (3135) and when is the ex-dividend date?
Goldkey Technology Corporation pays a dividend of 3.91 TWD per share a year, a dividend yield of 3.3%. The last ex-dividend date was Sep 1, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 17.1% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Goldkey Technology Corporation (3135)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Goldkey Technology Corporation it is 29.46 TWD per share (as of Nov 5, 2026), against a price of 118.00 TWD. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Goldkey Technology Corporation stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 3135 trades above its calculated fair value: price 118.00 TWD, fair value 29.46 TWD, a gap of about −75% (overvalued). 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 3135?
No. The price is what the market pays today (118.00 TWD); the fair value is what the company's own numbers justify (29.46 TWD). For Goldkey Technology Corporation the two are 88.54 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Goldkey Technology Corporation worth?
The market values Goldkey Technology Corporation at about 12.0B TWD (market capitalisation, as of Nov 5, 2026). Per share that is 118.00 TWD; our models calculate a fair value of 29.46 TWD per share.
What do the bullish and bearish scenarios say about 3135?
Our models span a range for Goldkey Technology Corporation: cautious scenario 19.92 TWD, base 29.46 TWD, optimistic 60.39 TWD per share (as of Nov 5, 2026, price 118.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3135?
Goldkey Technology Corporation trades at a price-to-earnings ratio of 5.1 (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 29.46 TWD is built from several models across several years. Other multiples: P/B 5.6, P/S 0.8, EV/EBITDA 4.7.
How solid is the balance sheet of Goldkey Technology Corporation (3135)?
Balance-sheet figures for Goldkey Technology Corporation (as of Nov 5, 2026): return on equity 74.7%, debt of 0.63 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 3135 from its 52-week high?
Goldkey Technology Corporation trades at 118.00 TWD, about 55% below its 52-week high of 260.50 TWD and 168% above the low of 44.04 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 29.46 TWD is for.
Which stocks are comparable to Goldkey Technology Corporation?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, 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 Goldkey Technology Corporation stock attractive at the current price?
The data as of Nov 5, 2026: price 118.00 TWD, calculated fair value 29.46 TWD (−75%), Quality Score 39/100, from 17 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 3135 calculated?
We run Goldkey Technology Corporation through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 29.46 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. Goldkey Technology Corporation 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 Goldkey Technology Corporation (3135)?
The closing price on Nov 6, 2026 was 118.00 TWD. Our model-based fair value is 29.46 TWD, about 75% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Goldkey Technology Corporation right now?
The price sits above even our optimistic bull case (60.39 TWD). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (19.92 TWD to 60.39 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Goldkey Technology Corporation
How large is the market capitalisation of Goldkey Technology Corporation (3135)?
The market capitalisation of Goldkey Technology Corporation is 12.0B TWD (≈ $365M). 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 Goldkey Technology Corporation (3135)?
The price-to-sales ratio of Goldkey Technology Corporation is 0.76 (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 Goldkey Technology Corporation (3135)?
Earnings per share at Goldkey Technology Corporation are 22.92 TWD (price ÷ EPS = P/E 5.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Goldkey Technology Corporation (3135)?
The dividend yield of Goldkey Technology Corporation is 3.3% (payout 17.1%). 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 Goldkey Technology Corporation (3135)?
The net margin of Goldkey Technology Corporation is 14.2% (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 Goldkey Technology Corporation (3135)?
The return on equity (ROE) of Goldkey Technology Corporation is 74.7% (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 Goldkey Technology Corporation (3135)?
On an EBIT basis the return on assets of Goldkey Technology Corporation is 7.0% (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 Goldkey Technology Corporation (3135)?
The operating margin of Goldkey Technology Corporation is 16.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Goldkey Technology Corporation (3135)?
Revenue at Goldkey Technology Corporation is growing +320% versus a year earlier (3y avg +29.1%). 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 Goldkey Technology Corporation (3135)?
Earnings per share at Goldkey Technology Corporation are growing +17.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Goldkey Technology Corporation (3135) generate?
The free cash flow of Goldkey Technology Corporation is −1.8B TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Goldkey Technology Corporation (3135) carry?
The net debt of Goldkey Technology Corporation is 2.6B TWD (fiscal year 2025). 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 5, 2026