Sinopower Semiconductor (6435) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Sinopower Semiconductor stock TWD 165, price TWD 193, that is 14.4% below the price, quality 81 out of 100. Rating: overvalued. Calculated from audited financials with 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 6, 2026.
How to read this chart
60‑month range 78.80 TWD – 420.00 TWD · fair‑value band 114.52 TWD – 233.17 TWD · the 193.00 TWD price screens above the 165.26 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Follow Sinopower Semiconductor in your weekly email
Every Wednesday you see whether Sinopower Semiconductor 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.
Sinopower Semiconductor, Inc. engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally. It also offers MOSFET, IGBT, and high voltage integrated circuits.
Show moreShow less
Its solutions are used for applications in computing, power conversion, motor, battery, communication electronic products, industry and automotive, handheld electronic devices, and consumer products applications. The company was incorporated in 2008 and is headquartered in Hsinchu City, Taiwan.
Sinopower Semiconductor, Inc. operates as a subsidiary of Anpec Electronics Corporation.
Stock analysis
Sinopower Semiconductor (6435) currently trades at 193.00 TWD, while our model-based Fair Value estimate is 165.26 TWD, 14% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 236.84 TWD per share, and 8 of the 26 models we run sit above the 193.00 TWD price.
Bear case: the Asset-Based group reads lowest at 29.30 TWD, and 18 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 114.52 TWD (bear) to 233.17 TWD (bull), the price of 193.00 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 81/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Sinopower Semiconductor reported revenue of 3.4B TWD in FY2025 versus 3.1B TWD in FY2021, a compound +2.2%/yr. Reported net income was 354M TWD in FY2025, compounding −5.1%/yr from FY2021.
Key figures
Market cap 7.2B TWD (≈ $220M) Micro · P/E ratio 14.7 · P/S ratio 2.01 · EPS (TTM) 13.16 TWD · Dividend yield 3.9% · Net margin 13.9% · Return on equity 24.9% · Return on assets (EBIT) 14.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).
What moves the price
The share trades about 54% below its 52-week high and 91% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −12% fair-value upside, at −14%, 6435 screens richer than that median.
Fair Value models
Bear114.52 TWDFair Value 165.26 TWDBull233.17 TWD
Price 193.00 TWD · Downside -14.4%
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 (4.87 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.80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+25.2%
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.
+4.2%
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.
+5.5%
Start year 2020 (pandemic). Over 10 years: +10.3% a year
Revenue growth 13 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.
+8.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+2.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.1%
Dividend (yield on the price)3.9%
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.8.5% vs 11.5%, 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.10% → 11%
2025 sits 57% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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).
+12.0%
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 +10.2% a year for the price.
Compare Sinopower Semiconductor with another stock
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.Semiconductors · 370 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score81 · Top 25%
Fair Value upside−14.4% · Above median
Profitability
Return on equity (12 months)24.9% · Top 25%
Return on assets12.9% · Top 25%
Net margin (12 months)13.9% · Above median
Operating margin (12 months)16.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)19.0% · Below median
Dividend yield (12 months)3.9% · Top 25%
Valuation Multiplesvs Semiconductors 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). "Sinopower Semiconductor Fair Value". https://www.fairvalue-calculator.com/stock/6435
Frequently asked questions
Is Sinopower Semiconductor (6435) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 165.26 TWD versus a price of 193.00 TWD, about 14% lower (overvalued).
What is the fair value of 6435?
Our model-based fair value for Sinopower Semiconductor is 165.26 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 193.00 TWD.
What is the quality score of 6435?
Sinopower Semiconductor has a Quality Score of 81/100. 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 Sinopower Semiconductor (6435)?
Our model-based price target is the fair value of 165.26 TWD (as of Nov 6, 2026) from 26 valuation models. Cautious scenario 114.52 TWD, optimistic scenario 233.17 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Sinopower Semiconductor stock forecast for 2026?
Our models put fair value at 165.26 TWD, about 14% lower versus a price of 193.00 TWD (overvalued). Cautious scenario 114.52 TWD, optimistic scenario 233.17 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Sinopower Semiconductor (6435)?
Sinopower Semiconductor reported trailing-twelve-month revenue of about 3.6B TWD (latest available figure, as of Nov 6, 2026).
Does Sinopower Semiconductor pay a dividend?
Sinopower Semiconductor currently shows a dividend yield of 3.89% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Sinopower Semiconductor (6435) and when is the ex-dividend date?
Sinopower Semiconductor pays a dividend of 7.50 TWD per share a year, a dividend yield of 3.9%. The last ex-dividend date was Jul 24, 2026. A dividend has been paid every year since at least 2014. The payout ratio is 57.0% of earnings. Free cash flow covers the dividend 1.83 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Sinopower Semiconductor (6435)?
For today's price to be fair in a discounted-cash-flow model, Sinopower Semiconductor would have to grow free cash flow by +12.0 % per year for five years (discount rate 14.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.5 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 6435 use?
Our models discount Sinopower Semiconductor at 14.3 %: a base by market capitalisation (micro), damped by beta 1.32, 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 Sinopower Semiconductor that is +12.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.3 %) and the same formula as our fair value.
How much growth has Sinopower Semiconductor (6435) delivered so far?
Over the past 5 years revenue at Sinopower Semiconductor grew +5.5 % a year. The price currently implies free-cash-flow growth of +12.0 % 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 Sinopower Semiconductor (6435) growing?
The median revenue growth in the sector is +11.4 % a year. That is the yardstick for the growth priced into Sinopower Semiconductor (+12.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sinopower Semiconductor (6435)?
The free-cash-flow yield on the price is 7.11 %: that much free cash flow Sinopower Semiconductor produces per unit of market value. When it exceeds the discount rate of our models (14.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sinopower Semiconductor (6435)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sinopower Semiconductor it is 165.26 TWD per share (as of Nov 6, 2026), against a price of 193.00 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Sinopower Semiconductor stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 6435 trades above its calculated fair value: price 193.00 TWD, fair value 165.26 TWD, a gap of about −14% (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 6435?
No. The price is what the market pays today (193.00 TWD); the fair value is what the company's own numbers justify (165.26 TWD). For Sinopower Semiconductor the two are 27.74 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Sinopower Semiconductor worth?
The market values Sinopower Semiconductor at about 7.2B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 193.00 TWD; our models calculate a fair value of 165.26 TWD per share.
What do the bullish and bearish scenarios say about 6435?
Our models span a range for Sinopower Semiconductor: cautious scenario 114.52 TWD, base 165.26 TWD, optimistic 233.17 TWD per share (as of Nov 6, 2026, price 193.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6435?
Sinopower Semiconductor trades at a price-to-earnings ratio of 14.7 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 165.26 TWD is built from several models across several years. Other multiples: P/B 3.5, P/S 2.0, EV/EBITDA 12.6.
How solid is the balance sheet of Sinopower Semiconductor (6435)?
Balance-sheet figures for Sinopower Semiconductor (as of Nov 6, 2026): return on equity 24.9%. They feed the Quality Score of 81/100, which measures business quality independently of the share price.
How far is 6435 from its 52-week high?
Sinopower Semiconductor trades at 193.00 TWD, about 54% below its 52-week high of 420.00 TWD and 91% above the low of 101.00 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 165.26 TWD is for.
Which stocks are comparable to Sinopower Semiconductor?
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 Sinopower Semiconductor stock attractive at the current price?
The data as of Nov 6, 2026: price 193.00 TWD, calculated fair value 165.26 TWD (−14%), Quality Score 81/100, from 26 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 6435 calculated?
We run Sinopower Semiconductor through 26 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 165.26 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 13.7% above its aggregate fair value. Sinopower Semiconductor 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 Sinopower Semiconductor (6435)?
The closing price on Nov 9, 2026 was 193.00 TWD. Our model-based fair value is 165.26 TWD, about 14% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sinopower Semiconductor right now?
A fairly wide model range (114.52 TWD to 233.17 TWD) leaves room in how you read the outcome. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Sinopower Semiconductor (6435) come from?
Earnings per share at Sinopower Semiconductor grew +12.8 % a year from 2012 to 2023. Broken into its drivers: revenue per share +7.2 %, EBIT margin +7.1 %, tax rate −0.8 %, residual (interest, one-offs) −0.9 %. 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 Sinopower Semiconductor
How large is the market capitalisation of Sinopower Semiconductor (6435)?
The market capitalisation of Sinopower Semiconductor is 7.2B TWD (≈ $220M). 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 Sinopower Semiconductor (6435)?
The price-to-sales ratio of Sinopower Semiconductor is 2.01 (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 Sinopower Semiconductor (6435)?
Earnings per share at Sinopower Semiconductor are 13.16 TWD (price ÷ EPS = P/E 14.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sinopower Semiconductor (6435)?
The dividend yield of Sinopower Semiconductor is 3.9% (payout 57.0%). 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 Sinopower Semiconductor (6435)?
The net margin of Sinopower Semiconductor is 13.9% (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 Sinopower Semiconductor (6435)?
The return on equity (ROE) of Sinopower Semiconductor is 24.9% (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 Sinopower Semiconductor (6435)?
On an EBIT basis the return on assets of Sinopower Semiconductor is 14.9% (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 Sinopower Semiconductor (6435)?
The operating margin of Sinopower Semiconductor is 16.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sinopower Semiconductor (6435)?
Revenue at Sinopower Semiconductor is growing +19.0% versus a year earlier (3y avg +4.2%). 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 Sinopower Semiconductor (6435)?
Earnings per share at Sinopower Semiconductor are growing +227% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Sinopower Semiconductor (6435) carry?
The net debt of Sinopower Semiconductor is 61.4M TWD (fiscal year 2023, ≈ 0.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Sinopower Semiconductor in the live analysis
One click puts Sinopower Semiconductor on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 6, 2026