Wholetech System Hitech Ltd (3402) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Wholetech System Hitech Ltd stock TWD 95.37, price TWD 103, that is 7.4% below the price, quality 60 out of 100. Rating: fairly valued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Wholetech System Hitech Ltd
3402 · TWOThe stock costs about what our calculation considers fair.
What runs behind every stock
69 individual criteria per stock, every one traceable See 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 29.17 TWD – 153.00 TWD · fair‑value band 50.99 TWD – 100.69 TWD · the 103.00 TWD price screens above the 95.37 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Every Wednesday you see whether Wholetech System Hitech is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Wholetech System Hitech Limited provides system integration services in Taiwan, China, Japan, and Singapore. It operates through Construction and Equipment segments.
Show moreShow less
The company offers semiconductors, pipelines, chemical equipment, chemical supply, chemical polishing liquid, gas exhaust, waste, gas treatment, and automatic control equipment, as well as trades and sells equipment products and mechanical parts.
It also provides engineering plastics, instruments, hot and cold air exchange, tower tanks, workbenches, drug tanks, chemical fume hood products, as well as project contracting services; and design, installation, engineering contracting, sales, and maintenance services for laminar flow benches.
In addition, it is involved in construction of water, gas pipelines and sewage systems, gas production, and primary distribution of fuel gas system; and trading business of electronics, machinery, chemical, equipment, pipe, fittings, hardware, materials, etc., as well as offers mechanical, electrical, circuit and pipeline, and engineering services.
Further, the company provides gas supply systems, and monitoring systems. The company was formerly known as Wholetech Engineering Co., Ltd. and changed its name to Wholetech System Hitech Limited in 2001.
Wholetech System Hitech Limited was incorporated in 1990 and is headquartered in Hsinchu City, Taiwan.
Stock analysis
Wholetech System Hitech Ltd (3402) currently trades at 103.00 TWD, while our model-based Fair Value estimate is 95.37 TWD, so the stock looks roughly fairly valued today (gap 8.0%).
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 187.19 TWD per share, and 7 of the 16 models we run sit above the 103.00 TWD price.
Bear case: the Asset-Based group reads lowest at 12.66 TWD, and 9 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: 50.99 TWD (bear) to 100.69 TWD (bull), the price of 103.00 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 60/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Wholetech System Hitech Ltd reported revenue of 5.2B TWD in FY2025 versus 3.4B TWD in FY2021, a compound +11.2%/yr. Reported net income was 548M TWD in FY2025, compounding +18.1%/yr from FY2021.
Key figures
Market cap 7.5B TWD (≈ $229M) Micro · P/E ratio 14.4 · P/S ratio 1.33 · EPS (TTM) 7.13 TWD · Dividend yield 5.8% · Net margin 9.3% · Return on equity 26.0% · Return on assets (EBIT) 9.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at −7%, 3402 screens cheaper than that median.
Fair Value models
All 16 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Watch 3402, get fair value alerts →
Compare Wholetech System Hitech Ltd with another stock
Price, fair value, quality and upside side by side.
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.Specialty Industrial Machinery · 813 stocks
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- PEG ratio by industry
- Revenue growth by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Taiwanese Stocks
- Valuation of the Taiwan market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Cummins Inc CMI | $450.07 | $359.36 | −20% | vs 3402 |
| SIE SIE | €263.65 | €149.56 | −43% | vs 3402 |
| AMETEK, Inc AME | $228.67 | $125.74 | −45% | vs 3402 |
| Illinois Tool Works Inc ITW | $280.95 | $154.30 | −45% | vs 3402 |
| Sandvik AB SAND | kr 357.40 | kr 194.33 | −46% | vs 3402 |
| Parker-Hannifin Corporation PH | $917.79 | $492.92 | −46% | vs 3402 |
| Rockwell Automation, Inc ROK | $375.86 | $186.75 | −50% | vs 3402 |
| Emerson Electric Co EMR | $162.35 | $79.99 | −51% | vs 3402 |
| Eaton Corporation ETN | $341.72 | $156.90 | −54% | vs 3402 |
| GE Vernova Inc GEV | $774.11 | $143.50 | −81% | vs 3402 |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Wholetech System Hitech Ltd (3402) overvalued or undervalued?
What is the fair value of 3402?
What is the quality score of 3402?
What is the price target for Wholetech System Hitech Ltd (3402)?
What is the Wholetech System Hitech Ltd stock forecast for 2026?
What is the revenue of Wholetech System Hitech Ltd (3402)?
Does Wholetech System Hitech Ltd pay a dividend?
How much is the dividend of Wholetech System Hitech Ltd (3402) and when is the ex-dividend date?
What is the intrinsic value of Wholetech System Hitech Ltd (3402)?
Is Wholetech System Hitech Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 3402?
How much is Wholetech System Hitech Ltd worth?
What do the bullish and bearish scenarios say about 3402?
What is the P/E ratio of 3402?
How solid is the balance sheet of Wholetech System Hitech Ltd (3402)?
How far is 3402 from its 52-week high?
Which stocks are comparable to Wholetech System Hitech Ltd?
Is Wholetech System Hitech Ltd stock attractive at the current price?
How is the fair value of 3402 calculated?
Is it still worth investing in stocks now?
What is the share price of Wholetech System Hitech Ltd (3402)?
What should I pay attention to with Wholetech System Hitech Ltd right now?
Key figures of Wholetech System Hitech Ltd
How large is the market capitalisation of Wholetech System Hitech Ltd (3402)?
What is the P/S ratio of Wholetech System Hitech Ltd (3402)?
What are the earnings per share of Wholetech System Hitech Ltd (3402)?
What is the dividend yield of Wholetech System Hitech Ltd (3402)?
What is the net margin of Wholetech System Hitech Ltd (3402)?
What is the return on equity of Wholetech System Hitech Ltd (3402)?
What is the EBIT return on assets of Wholetech System Hitech Ltd (3402)?
What is the operating margin of Wholetech System Hitech Ltd (3402)?
How fast is revenue growing at Wholetech System Hitech Ltd (3402)?
How fast are earnings growing at Wholetech System Hitech Ltd (3402)?
How much free cash flow does Wholetech System Hitech Ltd (3402) generate?
How much net cash does Wholetech System Hitech Ltd (3402) hold?
Watch Wholetech System Hitech Ltd in the live analysis
One click puts Wholetech System Hitech Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.