TWOWAY Communications, Inc. (8045) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of TWOWAY Communications, Inc. stock TWD 13.93, price TWD 42.10, that is 66.9% below the price, quality 37 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 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 7, 2026.
How to read this chart
60‑month range 9.14 TWD – 170.99 TWD · fair‑value band 10.58 TWD – 14.35 TWD · the 42.10 TWD price screens above the 13.93 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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TWOWAY Communications, Inc. engages in the research and development, manufacturing, and sale of indoor and outdoor RF, and optical transmission equipment in Taiwan, the United States, rest of Asia, Europe, and internationally.
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It offers broadband amplifiers, optical nodes, and head-end optronics for the cable television and telecommunications industries.
The company also head-end optical transmission equipment, fiber optic node workstations, RF amplifiers, fiber optic amplifiers, FTTX PON network transmission equipment, fiber optic passive components, and AIoT smart networking solutions.
TWOWAY Communications, Inc. was founded in 1992 and is headquartered in New Taipei City, Taiwan.
Stock analysis
TWOWAY Communications, Inc. (8045) currently trades at 42.10 TWD, while our model-based Fair Value estimate is 13.93 TWD, 67% 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 16.19 TWD per share, and 1 of the 15 models we run sit above the 42.10 TWD price.
Bear case: the DCF Models group reads lowest at 6.16 TWD, and 14 of the 15 models stay below the price. Data coverage for this calculation is high.
Scenario range: 10.58 TWD (bear) to 14.35 TWD (bull), the price of 42.10 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 37/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
TWOWAY Communications, Inc. reported revenue of 1.2B TWD in FY2025 versus 1.2B TWD in FY2021, a compound +0.5%/yr. Reported net income was 61.0M TWD in FY2025, compounding +6.5%/yr from FY2021.
Key figures
Market cap 5.6B TWD (≈ $170M) Micro · P/E ratio 49.0 · P/S ratio 3.81 · EPS (TTM) 0.8600 TWD · Dividend yield 2.4% · Net margin 5.6% · Return on equity 4.2% · Return on assets (EBIT) 7.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).
What moves the price
The share trades about 52% below its 52-week high and at 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 −67%, 8045 screens richer than that median.
Fair Value models
Bear10.58 TWDFair Value 13.93 TWDBull14.35 TWD
Price 42.10 TWD · Downside -66.9%
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
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−31.1%
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.
+5.5%
’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.
+4.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.0%
Dividend (yield on the price)2.4%
Profit margin 2021 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% → 6%
Compare TWOWAY Communications, Inc. with another stock
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.Communication Equipment · 303 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score37 · Bottom 25%
Fair Value upside−66.9% · Bottom 25%
Profitability
Return on equity (12 months)4.2% · Below median
Return on assets2.4% · Above median
Net margin (12 months)5.6% · Above median
Operating margin (12 months)3.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)41.5% · Top 25%
Dividend yield (12 months)2.4% · Above median
Balance sheet
Debt / equity0.08× · Above median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (12 months)49.0× · Pricier than median
P/B2.78× · Pricier than median
P/S (12 months)3.81× · Pricier than median
EV/EBITDA41.6× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 57
PAST (return on equity)17· sector 21
HEALTH (low debt)96· sector 98
DIVIDEND (yield)48· sector 24
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). "TWOWAY Communications, Inc. Fair Value". https://www.fairvalue-calculator.com/stock/8045
Frequently asked questions
Is TWOWAY Communications, Inc. (8045) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 13.93 TWD versus a price of 42.10 TWD, about 67% lower (overvalued).
What is the fair value of 8045?
Our model-based fair value for TWOWAY Communications, Inc. is 13.93 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 42.10 TWD.
What is the quality score of 8045?
TWOWAY Communications, Inc. has a Quality Score of 37/100. 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 TWOWAY Communications, Inc. (8045)?
Our model-based price target is the fair value of 13.93 TWD (as of Nov 7, 2026) from 15 valuation models. Cautious scenario 10.58 TWD, optimistic scenario 14.35 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the TWOWAY Communications, Inc. stock forecast for 2026?
Our models put fair value at 13.93 TWD, about 67% lower versus a price of 42.10 TWD (overvalued). Cautious scenario 10.58 TWD, optimistic scenario 14.35 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of TWOWAY Communications, Inc. (8045)?
TWOWAY Communications, Inc. reported trailing-twelve-month revenue of about 1.5B TWD (latest available figure, as of Nov 7, 2026).
Does TWOWAY Communications, Inc. pay a dividend?
TWOWAY Communications, Inc. currently shows a dividend yield of 2.38% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of TWOWAY Communications, Inc. (8045) and when is the ex-dividend date?
TWOWAY Communications, Inc. pays a dividend of 1.00 TWD per share a year, a dividend yield of 2.4%. The last ex-dividend date was Jun 29, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 116% of earnings. 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 is the intrinsic value of TWOWAY Communications, Inc. (8045)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TWOWAY Communications, Inc. it is 13.93 TWD per share (as of Nov 7, 2026), against a price of 42.10 TWD. It is the blended result of 15 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is TWOWAY Communications, Inc. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 8045 trades above its calculated fair value: price 42.10 TWD, fair value 13.93 TWD, a gap of about −67% (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 8045?
No. The price is what the market pays today (42.10 TWD); the fair value is what the company's own numbers justify (13.93 TWD). For TWOWAY Communications, Inc. the two are 28.17 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is TWOWAY Communications, Inc. worth?
The market values TWOWAY Communications, Inc. at about 5.6B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 42.10 TWD; our models calculate a fair value of 13.93 TWD per share.
What do the bullish and bearish scenarios say about 8045?
Our models span a range for TWOWAY Communications, Inc.: cautious scenario 10.58 TWD, base 13.93 TWD, optimistic 14.35 TWD per share (as of Nov 7, 2026, price 42.10 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8045?
TWOWAY Communications, Inc. trades at a price-to-earnings ratio of 49.0 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 13.93 TWD is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 23.0. Other multiples: P/B 2.8, P/S 3.8, EV/EBITDA 41.6.
How solid is the balance sheet of TWOWAY Communications, Inc. (8045)?
Balance-sheet figures for TWOWAY Communications, Inc. (as of Nov 7, 2026): return on equity 4.2%, debt of 0.08 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is 8045 from its 52-week high?
TWOWAY Communications, Inc. trades at 42.10 TWD, about 52% below its 52-week high of 87.49 TWD and at the low of 42.10 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 13.93 TWD is for.
Which stocks are comparable to TWOWAY Communications, Inc.?
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 TWOWAY Communications, Inc. stock attractive at the current price?
The data as of Nov 7, 2026: price 42.10 TWD, calculated fair value 13.93 TWD (−67%), Quality Score 37/100, from 15 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 8045 calculated?
We run TWOWAY Communications, Inc. through 15 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 13.93 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. TWOWAY Communications, Inc. 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 TWOWAY Communications, Inc. (8045)?
The closing price on Nov 9, 2026 was 42.10 TWD. Our model-based fair value is 13.93 TWD, about 67% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TWOWAY Communications, Inc. right now?
The price sits above even our optimistic bull case (14.35 TWD). The favourable scenario is already priced in. Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of TWOWAY Communications, Inc.
How large is the market capitalisation of TWOWAY Communications, Inc. (8045)?
The market capitalisation of TWOWAY Communications, Inc. is 5.6B TWD (≈ $170M). 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 TWOWAY Communications, Inc. (8045)?
The price-to-sales ratio of TWOWAY Communications, Inc. is 3.81 (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 TWOWAY Communications, Inc. (8045)?
Earnings per share at TWOWAY Communications, Inc. are 0.8600 TWD (price ÷ EPS = P/E 49.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of TWOWAY Communications, Inc. (8045)?
The dividend yield of TWOWAY Communications, Inc. is 2.4% (payout 116%). 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 TWOWAY Communications, Inc. (8045)?
The net margin of TWOWAY Communications, Inc. is 5.6% (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 TWOWAY Communications, Inc. (8045)?
The return on equity (ROE) of TWOWAY Communications, Inc. is 4.2% (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 TWOWAY Communications, Inc. (8045)?
On an EBIT basis the return on assets of TWOWAY Communications, Inc. is 7.6% (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 TWOWAY Communications, Inc. (8045)?
The operating margin of TWOWAY Communications, Inc. is 3.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TWOWAY Communications, Inc. (8045)?
Revenue at TWOWAY Communications, Inc. is growing +41.5% versus a year earlier (3y avg +5.5%). 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 TWOWAY Communications, Inc. (8045)?
Earnings per share at TWOWAY Communications, Inc. are growing +89.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does TWOWAY Communications, Inc. (8045) generate?
The free cash flow of TWOWAY Communications, Inc. is −231M 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 TWOWAY Communications, Inc. (8045) carry?
The net debt of TWOWAY Communications, Inc. is 68.4M TWD (fiscal year 2022). 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 7, 2026