TUL Corporation (6150) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of TUL Corporation stock TWD 43.77, price TWD 62.00, that is 29.4% below the price, quality 63 out of 100. Rating: 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 8, 2026.
How to read this chart
60‑month range 43.82 TWD – 162.60 TWD · fair‑value band 27.84 TWD – 68.34 TWD · the 62.00 TWD price screens above the 43.77 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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TUL Corporation engages in the manufacture of computer graphics card worldwide. The company offers gaming graphics cards, customized graphics cards for industrial control, SoC motherboards and systems, thunderbolt devices, and FPGA solutions.
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It also develops smart buildings, artificial intelligence biotechnology, and medical care. The company was formerly known as C.P. Technologies and changed its name to TUL Corporation in March 2004. TUL Corporation was founded in 1997 and is based in New Taipei City, Taiwan.
Stock analysis
TUL Corporation (6150) currently trades at 62.00 TWD, while our model-based Fair Value estimate is 43.77 TWD, 29% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of 128.04 TWD per share, and 8 of the 17 models we run sit above the 62.00 TWD price.
Bear case: the Asset-Based group reads lowest at 10.47 TWD, and 9 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: 27.84 TWD (bear) to 68.34 TWD (bull), the price of 62.00 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 63/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
TUL Corporation reported revenue of 7.6B TWD in FY2025 versus 8.8B TWD in FY2021, a compound −3.7%/yr. Reported net income was 127M TWD in FY2025, compounding −41.5%/yr from FY2021.
Key figures
Market cap 3.0B TWD (≈ $91.4M) Micro · P/E ratio 15.9 · P/S ratio 0.47 · EPS (TTM) 3.89 TWD · Dividend yield 1.0% · Net margin 3.1% · Return on equity 12.2% · Return on assets (EBIT) 3.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 19% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at −29%, 6150 screens richer than that median.
Fair Value models
Bear27.84 TWDFair Value 43.77 TWDBull68.34 TWD
Price 62.00 TWD · Downside -29.4%
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 (2.82 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+61.2%
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.
+15.4%
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.
+14.9%
Start year 2020 (pandemic). Over 10 years: +11.8% a year
Revenue growth 10 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.
+11.8%
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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.
−25.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−26.3%
Dividend (yield on the price)1.0%
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.2% → 3%
⚠ Revenue per share shrinking 3.2%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Electronics & Computer Distribution · 149 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside−29.4% · Below median
Profitability
Return on equity (12 months)12.2% · Above median
Return on assets3.1% · Below median
Net margin (12 months)3.1% · Above median
Operating margin (12 months)6.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−52.1% · Bottom 25%
Dividend yield (12 months)1.0% · Bottom 25%
Balance sheet
Debt / equity0.25× · Highest 25%
Valuation Multiplesvs Electronics & Computer Distribution median · lower = cheaper
P/E (12 months)15.9× · Pricier than median
P/B1.89× · Pricier than median
P/S (12 months)0.47× · Pricier than median
EV/EBITDA8.2× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 39
FUTURE (revenue growth)0· sector 76
PAST (return on equity)49· sector 41
HEALTH (low debt)88· sector 98
DIVIDEND (yield)19· sector 62
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.
Cite: Fair Value Calculator (2026). "TUL Corporation Fair Value". https://www.fairvalue-calculator.com/stock/6150
Frequently asked questions
Is TUL Corporation (6150) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 43.77 TWD versus a price of 62.00 TWD, about 29% lower (overvalued).
What is the fair value of 6150?
Our model-based fair value for TUL Corporation is 43.77 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 62.00 TWD.
What is the quality score of 6150?
TUL Corporation has a Quality Score of 63/100. 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 TUL Corporation (6150)?
Our model-based price target is the fair value of 43.77 TWD (as of Nov 8, 2026) from 17 valuation models. Cautious scenario 27.84 TWD, optimistic scenario 68.34 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the TUL Corporation stock forecast for 2026?
Our models put fair value at 43.77 TWD, about 29% lower versus a price of 62.00 TWD (overvalued). Cautious scenario 27.84 TWD, optimistic scenario 68.34 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of TUL Corporation (6150)?
TUL Corporation reported trailing-twelve-month revenue of about 6.3B TWD (latest available figure, as of Nov 8, 2026).
Does TUL Corporation pay a dividend?
TUL Corporation currently shows a dividend yield of 0.97% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of TUL Corporation (6150) and when is the ex-dividend date?
TUL Corporation pays a dividend of 0.6 TWD per share a year, a dividend yield of 1.0%. The last ex-dividend date was Jul 16, 2026. The payout ratio is 15.4% of earnings. Our assessment: Token dividend. At a yield of 1.0% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 1.0% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of TUL Corporation (6150)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TUL Corporation it is 43.77 TWD per share (as of Nov 8, 2026), against a price of 62.00 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 TUL Corporation stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 6150 trades above its calculated fair value: price 62.00 TWD, fair value 43.77 TWD, a gap of about −29% (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 6150?
No. The price is what the market pays today (62.00 TWD); the fair value is what the company's own numbers justify (43.77 TWD). For TUL Corporation the two are 18.23 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is TUL Corporation worth?
The market values TUL Corporation at about 3.0B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 62.00 TWD; our models calculate a fair value of 43.77 TWD per share.
What do the bullish and bearish scenarios say about 6150?
Our models span a range for TUL Corporation: cautious scenario 27.84 TWD, base 43.77 TWD, optimistic 68.34 TWD per share (as of Nov 8, 2026, price 62.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6150?
TUL Corporation trades at a price-to-earnings ratio of 15.9 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 43.77 TWD is built from several models across several years. Other multiples: P/B 1.9, P/S 0.5, EV/EBITDA 8.2.
How solid is the balance sheet of TUL Corporation (6150)?
Balance-sheet figures for TUL Corporation (as of Nov 8, 2026): return on equity 12.2%, debt of 0.25 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 6150 from its 52-week high?
TUL Corporation trades at 62.00 TWD, about 18% below its 52-week high of 75.27 TWD and 19% above the low of 52.19 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 43.77 TWD is for.
Which stocks are comparable to TUL Corporation?
From the same area (Technology) we also value TD SYNNEX Corporation, Unisplendour Corporation, Arrow Electronics, Inc, Avnet, 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 TUL Corporation stock attractive at the current price?
The data as of Nov 8, 2026: price 62.00 TWD, calculated fair value 43.77 TWD (−29%), Quality Score 63/100, 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 6150 calculated?
We run TUL 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 43.77 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. TUL 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 TUL Corporation (6150)?
The closing price on Nov 6, 2026 was 62.00 TWD. Our model-based fair value is 43.77 TWD, about 29% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TUL Corporation right now?
Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (27.84 TWD to 68.34 TWD) leaves room in how you read the outcome.
Key figures of TUL Corporation
How large is the market capitalisation of TUL Corporation (6150)?
The market capitalisation of TUL Corporation is 3.0B TWD (≈ $91.4M). 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 TUL Corporation (6150)?
The price-to-sales ratio of TUL Corporation is 0.47 (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 TUL Corporation (6150)?
Earnings per share at TUL Corporation are 3.89 TWD (price ÷ EPS = P/E 15.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of TUL Corporation (6150)?
The dividend yield of TUL Corporation is 1.0% (payout 15.4%). 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 TUL Corporation (6150)?
The net margin of TUL Corporation is 3.1% (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 TUL Corporation (6150)?
The return on equity (ROE) of TUL Corporation 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 TUL Corporation (6150)?
On an EBIT basis the return on assets of TUL Corporation is 3.9% (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 TUL Corporation (6150)?
The operating margin of TUL Corporation is 6.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TUL Corporation (6150)?
Revenue at TUL Corporation is growing −52.1% versus a year earlier (3y avg +15.4%). 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 TUL Corporation (6150)?
Earnings per share at TUL Corporation are growing +5.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does TUL Corporation (6150) generate?
The free cash flow of TUL Corporation is −170M 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 TUL Corporation (6150) carry?
The net debt of TUL Corporation is 678M 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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Broad data
Nov 8, 2026