DrayTek Corp (6216) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of DrayTek Corp stock TWD 11.98, price TWD 19.00, that is 36.9% below the price, quality 50 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 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 18.02 TWD – 46.64 TWD · fair‑value band 9.84 TWD – 15.02 TWD · the 19.00 TWD price screens above the 11.98 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow DrayTek in your weekly email
Every Wednesday you see whether DrayTek 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.
DrayTek Corporation engages in the research, development, production, and sale of wired and wireless communication machinery and equipment in Taiwan, Europe, Asia, Central and South America, and internationally.
Show moreShow less
The company offers VPN, load balancing, DSL modem, cellular, and fiber routers; access points; managed PoE switches; and accessories, including rack-mount brackets, USB termometers, indoor antennas, passive copper cables, dual band USB wireless adapters, and PoE injectors.
It also provides software/tools, including Vigor ACS 3, a network management system; VigorConnect, a local network management software; Smart VPN Client, a VPN client software; DrayTek Router and Wireless Apps for network management; and VigorSMS APP, a way to send SMS from LTE routers.
In addition, the company offers information software services; internet gateway solutions for VPN, SSL VPN, VPN matcher, WAN load-balancing, hotspot web portal, wireless WAN, and work from home solutions; DrayDDNS, a DNS service; assisted Wi-Fi roaming and wireless solutions; identity and access management, URL/IP reputation, and NIS 2 security aligned solutions; switch stacking and OpenFlow VigorSwitch, which extends SDN; and AP and switch management solutions.
DrayTek Corporation was founded in 1997 and is headquartered in Hsinchu City, Taiwan.
Stock analysis
DrayTek Corp (6216) currently trades at 19.00 TWD, while our model-based Fair Value estimate is 11.98 TWD, 37% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Dividend Discount group reads highest at a median of 20.67 TWD per share, and 3 of the 24 models we run sit above the 19.00 TWD price.
Bear case: the Earnings-Based group reads lowest at 5.85 TWD, and 21 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 9.84 TWD (bear) to 15.02 TWD (bull), the price of 19.00 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 50/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
DrayTek Corp reported revenue of 757M TWD in FY2025 versus 931M TWD in FY2021, a compound −5.0%/yr. Reported net income was 57.6M TWD in FY2025, compounding −22.7%/yr from FY2021.
Key figures
Market cap 1.8B TWD (≈ $56.3M) Micro · P/E ratio 51.4 · P/S ratio 2.95 · EPS (TTM) 0.3700 TWD · Dividend yield 5.4% · Net margin 5.8% · Return on equity 2.2% · Return on assets (EBIT) 7.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −37%, 6216 screens cheaper than that median.
Fair Value models
Bear9.84 TWDFair Value 11.98 TWDBull15.02 TWD
Price 19.00 TWD · Downside -36.9%
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.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.32/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−35.7%
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.
−5.6%
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.
−2.1%
Start year 2020 (pandemic). Over 10 years: −3.6% 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.
+1.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−14.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.7%
Dividend (yield on the price)5.4%
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.−19.7% vs −14.6%, slowing
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.18% → 8%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 4.4%/yr over ~10Y (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.
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).
+22.2%
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 +20.3% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Communication Equipment · 303 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−36.9% · Below median
Profitability
Return on equity (12 months)2.2% · Below median
Return on assets3.1% · Above median
Net margin (12 months)5.8% · Above median
Operating margin (12 months)−2.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−29.9% · Bottom 25%
Dividend yield (12 months)5.4% · Top 25%
Balance sheet
Debt / equity0.07× · Above median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
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). "DrayTek Corp Fair Value". https://www.fairvalue-calculator.com/stock/6216
Frequently asked questions
Is DrayTek Corp (6216) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 11.98 TWD versus a price of 19.00 TWD, about 37% lower (overvalued).
What is the fair value of 6216?
Our model-based fair value for DrayTek Corp is 11.98 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 19.00 TWD.
What is the quality score of 6216?
DrayTek Corp has a Quality Score of 50/100. 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 DrayTek Corp (6216)?
Our model-based price target is the fair value of 11.98 TWD (as of Nov 8, 2026) from 24 valuation models. Cautious scenario 9.84 TWD, optimistic scenario 15.02 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the DrayTek Corp stock forecast for 2026?
Our models put fair value at 11.98 TWD, about 37% lower versus a price of 19.00 TWD (overvalued). Cautious scenario 9.84 TWD, optimistic scenario 15.02 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of DrayTek Corp (6216)?
DrayTek Corp reported trailing-twelve-month revenue of about 627M TWD (latest available figure, as of Nov 8, 2026).
Does DrayTek Corp pay a dividend?
DrayTek Corp currently shows a dividend yield of 5.42% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of DrayTek Corp (6216) and when is the ex-dividend date?
DrayTek Corp pays a dividend of 1.03 TWD per share a year, a dividend yield of 5.4%. The last ex-dividend date was Aug 26, 2026. A dividend has been paid every year since at least 2003. Free cash flow covers the dividend 0.21 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into DrayTek Corp (6216)?
For today's price to be fair in a discounted-cash-flow model, DrayTek Corp would have to grow free cash flow by +22.2 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -2.1 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 6216 use?
Our models discount DrayTek Corp at 11.8 %: a base by market capitalisation (micro), damped by beta 0.16, 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 DrayTek Corp that is +22.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has DrayTek Corp (6216) delivered so far?
Over the past 5 years revenue at DrayTek Corp grew -2.1 % a year. The price currently implies free-cash-flow growth of +22.2 % 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 DrayTek Corp (6216) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into DrayTek Corp (+22.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of DrayTek Corp (6216)?
The free-cash-flow yield on the price is 1.12 %: that much free cash flow DrayTek Corp produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of DrayTek Corp (6216)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DrayTek Corp it is 11.98 TWD per share (as of Nov 8, 2026), against a price of 19.00 TWD. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is DrayTek Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 6216 trades above its calculated fair value: price 19.00 TWD, fair value 11.98 TWD, a gap of about −37% (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 6216?
No. The price is what the market pays today (19.00 TWD); the fair value is what the company's own numbers justify (11.98 TWD). For DrayTek Corp the two are 7.02 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is DrayTek Corp worth?
The market values DrayTek Corp at about 1.8B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 19.00 TWD; our models calculate a fair value of 11.98 TWD per share.
What do the bullish and bearish scenarios say about 6216?
Our models span a range for DrayTek Corp: cautious scenario 9.84 TWD, base 11.98 TWD, optimistic 15.02 TWD per share (as of Nov 8, 2026, price 19.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6216?
DrayTek Corp trades at a price-to-earnings ratio of 51.4 (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 11.98 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 14.9. Other multiples: PEG 4.6, P/B 1.1, P/S 2.9.
What is the PEG ratio of 6216?
The PEG ratio of DrayTek Corp is 4.57 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of DrayTek Corp (6216)?
Balance-sheet figures for DrayTek Corp (as of Nov 8, 2026): return on equity 2.2%, debt of 0.07 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 6216 from its 52-week high?
DrayTek Corp trades at 19.00 TWD, about 32% below its 52-week high of 27.79 TWD and 4% above the low of 18.30 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 11.98 TWD is for.
Which stocks are comparable to DrayTek Corp?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, 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 DrayTek Corp stock attractive at the current price?
The data as of Nov 8, 2026: price 19.00 TWD, calculated fair value 11.98 TWD (−37%), Quality Score 50/100, from 24 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 6216 calculated?
We run DrayTek Corp through 24 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 11.98 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. DrayTek Corp 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 DrayTek Corp (6216)?
The closing price on Nov 9, 2026 was 19.00 TWD. Our model-based fair value is 11.98 TWD, about 37% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DrayTek Corp right now?
The price sits above even our optimistic bull case (15.02 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of DrayTek Corp (6216) come from?
Earnings per share at DrayTek Corp grew −6.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share −4.0 %, EBIT margin −5.8 %, tax rate +0.7 %, residual (interest, one-offs) +3.3 %. 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 DrayTek Corp
How large is the market capitalisation of DrayTek Corp (6216)?
The market capitalisation of DrayTek Corp is 1.8B TWD (≈ $56.3M). 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 DrayTek Corp (6216)?
The price-to-sales ratio of DrayTek Corp is 2.95 (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 DrayTek Corp (6216)?
Earnings per share at DrayTek Corp are 0.3700 TWD (price ÷ EPS = P/E 51.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DrayTek Corp (6216)?
The dividend yield of DrayTek Corp is 5.4%. 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 DrayTek Corp (6216)?
The net margin of DrayTek Corp is 5.8% (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 DrayTek Corp (6216)?
The return on equity (ROE) of DrayTek Corp is 2.2% (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 DrayTek Corp (6216)?
On an EBIT basis the return on assets of DrayTek Corp is 7.1% (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 DrayTek Corp (6216)?
The operating margin of DrayTek Corp is −2.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DrayTek Corp (6216)?
Revenue at DrayTek Corp is growing −29.9% versus a year earlier (3y avg −5.6%). 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 DrayTek Corp (6216)?
Earnings per share at DrayTek Corp are growing −44.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does DrayTek Corp (6216) hold?
DrayTek Corp holds more cash than debt, 344M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch DrayTek Corp in the live analysis
One click puts DrayTek Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 8, 2026