Galaxy Far East (6227) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Galaxy Far East stock TWD 126, price TWD 98.60, upside +28.2%, quality 66 out of 100. Rating: undervalued. Calculated from audited financials with 25 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 25.16 TWD – 142.50 TWD · fair‑value band 71.00 TWD – 200.31 TWD · the 98.60 TWD price screens below the 126.39 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Macnica Galaxy Inc., together with its subisidaries, engages in the agency trading and technical service of semiconductor electronic components in Taiwan, rest of Asia, and internationally.
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The company distributes semiconductors, AI, IoT, CAE simulation software, AI-powered commercial service robots, and industrial-grade robotic arms. It also exports and imports electronic and electrical components, as well as finished products.
The company serves the server, IoT, communication, industrial electronics, automotive, and smart factory sectors. The company was founded in 1979 and is based in New Taipei City, Taiwan. Macnica Galaxy Inc. is a subsidiary of Macnica Chungju Co., Ltd.
Stock analysis
Galaxy Far East (6227) currently trades at 98.60 TWD, while our model-based Fair Value estimate is 126.39 TWD, implying the stock looks roughly 22% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 156.24 TWD per share, and 12 of the 25 models we run sit above the 98.60 TWD price.
Bear case: the Asset-Based group reads lowest at 37.14 TWD, and 13 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: 71.00 TWD (bear) to 200.31 TWD (bull), the price of 98.60 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 66/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Galaxy Far East reported revenue of 17.5B TWD in FY2025 versus 14.3B TWD in FY2021, a compound +5.2%/yr. Reported net income was 574M TWD in FY2025, compounding +7.9%/yr from FY2021.
Key figures
Market cap 7.5B TWD (≈ $229M) Micro · P/E ratio 7.8 · P/S ratio 0.37 · EPS (TTM) 12.67 TWD · Dividend yield 4.6% · Net margin 4.8% · Return on equity 35.0% · Return on assets (EBIT) 8.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 31% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at 28%, 6227 screens cheaper than that median.
Fair Value models
Bear71.00 TWDFair Value 126.39 TWDBull200.31 TWD
Price 98.60 TWD · Upside +28.2%
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 (7.01 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
+41.9%
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.
+5.2%
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.
+11.3%
Start year 2020 (pandemic)
Revenue growth 9 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.
+9.0%
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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.
+28.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+24.1%
Dividend (yield on the price)4.6%
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.24.1% vs 15.7%, picking up
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% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
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).
+30.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +28.7% a year for the price.
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 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside+28.2% · Above median
Profitability
Return on equity (12 months)35.0% · Top 25%
Return on assets7.6% · Top 25%
Net margin (12 months)4.8% · Top 25%
Operating margin (12 months)5.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)31.7% · Above median
Dividend yield (12 months)4.6% · Above median
Valuation Multiplesvs Electronics & Computer Distribution 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). "Galaxy Far East Fair Value". https://www.fairvalue-calculator.com/stock/6227
Frequently asked questions
Is Galaxy Far East (6227) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 126.39 TWD versus a price of 98.60 TWD, about +28% upside (undervalued).
What is the fair value of 6227?
Our model-based fair value for Galaxy Far East is 126.39 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 98.60 TWD.
What is the quality score of 6227?
Galaxy Far East has a Quality Score of 66/100. 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 Galaxy Far East (6227)?
Our model-based price target is the fair value of 126.39 TWD (as of Nov 8, 2026) from 25 valuation models. Cautious scenario 71.00 TWD, optimistic scenario 200.31 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Galaxy Far East stock forecast for 2026?
Our models put fair value at 126.39 TWD, about +28% upside versus a price of 98.60 TWD (undervalued). Cautious scenario 71.00 TWD, optimistic scenario 200.31 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Galaxy Far East (6227)?
Galaxy Far East reported trailing-twelve-month revenue of about 20.6B TWD (latest available figure, as of Nov 8, 2026).
Does Galaxy Far East pay a dividend?
Galaxy Far East currently shows a dividend yield of 4.56% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Galaxy Far East (6227) and when is the ex-dividend date?
Galaxy Far East pays a dividend of 4.50 TWD per share a year, a dividend yield of 4.6%. The last ex-dividend date was Aug 27, 2026. A dividend has been paid every year since at least 2008. The payout ratio is 35.5% of earnings. Free cash flow covers the dividend 0.47 times. 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 growth is priced into Galaxy Far East (6227)?
For today's price to be fair in a discounted-cash-flow model, Galaxy Far East would have to grow free cash flow by +30.7 % 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 +11.3 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 6227 use?
Our models discount Galaxy Far East at 11.8 %: a base by market capitalisation (micro), damped by beta 0.55, 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 Galaxy Far East that is +30.7 % 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 Galaxy Far East (6227) delivered so far?
Over the past 5 years revenue at Galaxy Far East grew +11.3 % a year. The price currently implies free-cash-flow growth of +30.7 % 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 Galaxy Far East (6227) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Galaxy Far East (+30.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Galaxy Far East (6227)?
The free-cash-flow yield on the price is 2.17 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Galaxy Far East 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 Galaxy Far East (6227)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Galaxy Far East it is 126.39 TWD per share (as of Nov 8, 2026), against a price of 98.60 TWD. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Galaxy Far East stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 6227 trades below its calculated fair value: price 98.60 TWD, fair value 126.39 TWD, a gap of about +28% (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 6227?
No. The price is what the market pays today (98.60 TWD); the fair value is what the company's own numbers justify (126.39 TWD). For Galaxy Far East the two are 27.79 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Galaxy Far East worth?
The market values Galaxy Far East at about 7.5B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 98.60 TWD; our models calculate a fair value of 126.39 TWD per share.
What do the bullish and bearish scenarios say about 6227?
Our models span a range for Galaxy Far East: cautious scenario 71.00 TWD, base 126.39 TWD, optimistic 200.31 TWD per share (as of Nov 8, 2026, price 98.60 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6227?
Galaxy Far East trades at a price-to-earnings ratio of 7.8 (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 126.39 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 10.4. Other multiples: P/B 2.5, P/S 0.4, EV/EBITDA 5.8.
How solid is the balance sheet of Galaxy Far East (6227)?
Balance-sheet figures for Galaxy Far East (as of Nov 8, 2026): return on equity 35.0%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 6227 from its 52-week high?
Galaxy Far East trades at 98.60 TWD, about 31% below its 52-week high of 142.50 TWD and 23% above the low of 80.00 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 126.39 TWD is for.
Which stocks are comparable to Galaxy Far East?
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 Galaxy Far East stock attractive at the current price?
The data as of Nov 8, 2026: price 98.60 TWD, calculated fair value 126.39 TWD (+28%), Quality Score 66/100, from 25 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 6227 calculated?
We run Galaxy Far East through 25 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 126.39 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. Galaxy Far East currently trades 22% 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 Galaxy Far East (6227)?
The closing price on Nov 6, 2026 was 98.60 TWD. Our model-based fair value is 126.39 TWD, about +28% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Galaxy Far East right now?
The model range is unusually wide (71.00 TWD to 200.31 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Galaxy Far East
How large is the market capitalisation of Galaxy Far East (6227)?
The market capitalisation of Galaxy Far East is 7.5B TWD (≈ $229M). 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 Galaxy Far East (6227)?
The price-to-sales ratio of Galaxy Far East is 0.37 (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 Galaxy Far East (6227)?
Earnings per share at Galaxy Far East are 12.67 TWD (price ÷ EPS = P/E 7.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Galaxy Far East (6227)?
The dividend yield of Galaxy Far East is 4.6% (payout 35.5%). 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 Galaxy Far East (6227)?
The net margin of Galaxy Far East is 4.8% (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 Galaxy Far East (6227)?
The return on equity (ROE) of Galaxy Far East is 35.0% (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 Galaxy Far East (6227)?
On an EBIT basis the return on assets of Galaxy Far East is 8.8% (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 Galaxy Far East (6227)?
The operating margin of Galaxy Far East is 5.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Galaxy Far East (6227)?
Revenue at Galaxy Far East is growing +31.7% versus a year earlier (3y avg +5.2%). 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 Galaxy Far East (6227)?
Earnings per share at Galaxy Far East are growing +63.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Galaxy Far East (6227) carry?
The net debt of Galaxy Far East is 461M TWD (fiscal year 2023, ≈ 2.8 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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Broad data
Nov 8, 2026