Darfon Electronics Corp (8163) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Darfon Electronics Corp stock TWD 7.10, price TWD 24.95, that is 71.6% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 19 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 6, 2026.
How to read this chart
60‑month range 24.35 TWD – 71.80 TWD · fair‑value band 5.35 TWD – 8.79 TWD · the 24.95 TWD price screens above the 7.10 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Darfon Electronics Corp. engages in the production and sale of computer peripherals, power supply components, green energy components, and integrated components and materials.
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The company offers IT peripherals, such as computer, mobile, and gaming products; passive components, including MLCC, inductor, EMI suppression, power module, circuit protection, piezoelectric, and antenna products.
It also provides modularized technology, customized BMS hardware, and firmware designs for robot cleaners, server storage BBUs, e-bike batteries, and high-voltage automobile batteries; and residential and commercial installation solutions for the micro-inverter solar power systems, hybrid solar power systems, and battery solutions.
In addition, the company offers switching power supplies; light source driver, smart charger, adaptor, and power supplies for the smart home appliance, mobile phone, notebook PC, AIO, gaming notebook, and server markets.
It operates in Taiwan, Mainland China, the United States, Canada, and internationally. The company was incorporated in 1997 and is headquartered in Taoyuan City, Taiwan.
Stock analysis
Darfon Electronics Corp (8163) currently trades at 24.95 TWD, while our model-based Fair Value estimate is 7.10 TWD, 72% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 21.77 TWD per share, and 1 of the 19 models we run sit above the 24.95 TWD price.
Bear case: the Earnings-Based group reads lowest at 4.27 TWD, and 18 of the 19 models stay below the price. Data coverage for this calculation is low.
Scenario range: 5.35 TWD (bear) to 8.79 TWD (bull), the price of 24.95 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 45/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Darfon Electronics Corp reported revenue of 25.1B TWD in FY2025 versus 28.0B TWD in FY2021, a compound −2.8%/yr. Reported net income was 142M TWD in FY2025, compounding −40.7%/yr from FY2021.
Key figures
Market cap 7.0B TWD (≈ $212M) Micro · P/E ratio 42.3 · P/S ratio 0.26 · EPS (TTM) 0.5900 TWD · Dividend yield 2.0% · Net margin 0.6% · Return on equity −0.6% · Return on assets (EBIT) 3.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 25 out of 100 (medium confidence).
What moves the price
The share trades about 45% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −72%, 8163 screens richer than that median.
Fair Value models
Bear5.35 TWDFair Value 7.10 TWDBull8.79 TWD
Price 24.95 TWD · Downside -71.6%
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 (0.0772 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.
Best data coverage
FCF DCF4.55 TWD5.31 TWD6.55 TWD78
Growth DCF4.63 TWD5.34 TWD6.41 TWD77
Owner Earnings10.76 TWD13.16 TWD17.03 TWD75
All 19 models by family
DCF Models
FCF DCF4.55 TWD5.31 TWD6.55 TWD78
Owner Earnings10.76 TWD13.16 TWD17.03 TWD75
5Y Revenue Exit3.60 TWD4.12 TWD4.86 TWD71
5Y EBITDA Exit11.97 TWD18.57 TWD27.30 TWD71
5Y P/E Exit7.91 TWD11.56 TWD15.89 TWD68
10Y Revenue Exit4.02 TWD4.40 TWD4.77 TWD65
10Y EBITDA Exit8.41 TWD12.08 TWD16.08 TWD66
10Y P/E Exit6.29 TWD8.35 TWD10.34 TWD62
Earnings-Based
Graham-Dodd3.49 TWD4.27 TWD4.80 TWD65
Dividend Discount
Gordon GGM4.66 TWD4.99 TWD5.46 TWD67
DDM Multi-Stage4.66 TWD5.41 TWD6.34 TWD65
Multiples
P/E Multiple10.79 TWD14.38 TWD17.98 TWD63
P/S Multiple6.55 TWD8.73 TWD10.92 TWD57
P/B Multiple31.98 TWD42.63 TWD53.29 TWD55
EV/EBITDA14.33 TWD20.91 TWD27.50 TWD66
Asset-Based
NCAV (Graham)14.37 TWD21.77 TWD27.21 TWD54
Growth DCF
Growth DCF4.63 TWD5.34 TWD6.41 TWD77
Economic Profit
Residual Income20.57 TWD21.66 TWD23.17 TWD74
Growth Earnings
Growth-Adj P/E7.54 TWD10.78 TWD14.01 TWD65
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+15.5%
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.
−5.3%
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.
+2.3%
Start year 2020 (pandemic). Over 10 years: +2.5% a year
Revenue growth 17 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.
−0.5%
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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.
−25.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−27.2%
Dividend (yield on the price)2.0%
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.−27.2% vs −8.4%, 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.6% → 0%
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).
+48.0%
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 +45.7% a year for the price.
Compare Darfon Electronics Corp 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.Computer Hardware · 213 stocks
Beats the industry median on 3/14 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside−71.6% · Bottom 25%
Profitability
Return on assets1.3% · Below median
Net margin (12 months)1.9% · Below median
Operating margin (12 months)2.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)8.9% · Below median
Dividend yield (12 months)2.0% · Below median
Balance sheet
Debt / equity0.48× · Highest 25%
Valuation Multiplesvs Computer Hardware 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.
Is Darfon Electronics Corp (8163) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 7.10 TWD versus a price of 24.95 TWD, about 72% lower (overvalued).
What is the fair value of 8163?
Our model-based fair value for Darfon Electronics Corp is 7.10 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 24.95 TWD.
What is the quality score of 8163?
Darfon Electronics Corp has a Quality Score of 45/100. 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 Darfon Electronics Corp (8163)?
Our model-based price target is the fair value of 7.10 TWD (as of Nov 6, 2026) from 19 valuation models. Cautious scenario 5.35 TWD, optimistic scenario 8.79 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Darfon Electronics Corp stock forecast for 2026?
Our models put fair value at 7.10 TWD, about 72% lower versus a price of 24.95 TWD (overvalued). Cautious scenario 5.35 TWD, optimistic scenario 8.79 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Darfon Electronics Corp (8163)?
Darfon Electronics Corp reported trailing-twelve-month revenue of about 26.2B TWD (latest available figure, as of Nov 6, 2026).
Does Darfon Electronics Corp pay a dividend?
Darfon Electronics Corp currently shows a dividend yield of 2.00% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Darfon Electronics Corp (8163) and when is the ex-dividend date?
Darfon Electronics Corp pays a dividend of 0.5 TWD per share a year, a dividend yield of 2.0%. The last ex-dividend date was Jun 17, 2026. The payout ratio is 108% of earnings (on adjusted earnings, reported 84.7%). Free cash flow covers the dividend 0.80 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 Darfon Electronics Corp (8163)?
For today's price to be fair in a discounted-cash-flow model, Darfon Electronics Corp would have to grow free cash flow by +48.0 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.3 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 8163 use?
Our models discount Darfon Electronics Corp at 12.4 %: a base by market capitalisation (micro), damped by beta 0.72, 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 Darfon Electronics Corp that is +48.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Darfon Electronics Corp (8163) delivered so far?
Over the past 5 years revenue at Darfon Electronics Corp grew +2.3 % a year. The price currently implies free-cash-flow growth of +48.0 % 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 Darfon Electronics Corp (8163) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Darfon Electronics Corp (+48.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Darfon Electronics Corp (8163)?
The free-cash-flow yield on the price is 1.59 %: that much free cash flow Darfon Electronics Corp produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Darfon Electronics Corp (8163)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Darfon Electronics Corp it is 7.10 TWD per share (as of Nov 6, 2026), against a price of 24.95 TWD. It is the blended result of 19 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Darfon Electronics Corp stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 8163 trades above its calculated fair value: price 24.95 TWD, fair value 7.10 TWD, a gap of about −72% (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 8163?
No. The price is what the market pays today (24.95 TWD); the fair value is what the company's own numbers justify (7.10 TWD). For Darfon Electronics Corp the two are 17.85 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Darfon Electronics Corp worth?
The market values Darfon Electronics Corp at about 7.0B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 24.95 TWD; our models calculate a fair value of 7.10 TWD per share.
What do the bullish and bearish scenarios say about 8163?
Our models span a range for Darfon Electronics Corp: cautious scenario 5.35 TWD, base 7.10 TWD, optimistic 8.79 TWD per share (as of Nov 6, 2026, price 24.95 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8163?
Darfon Electronics Corp trades at a price-to-earnings ratio of 42.3 (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 7.10 TWD is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 48.9 (reported for FY2025: 38.3). Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 13.6. Other multiples: PEG 0.6, P/B 0.7, P/S 0.8, EV/EBITDA 16.1.
What is the PEG ratio of 8163?
The PEG ratio of Darfon Electronics Corp is 0.59 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Darfon Electronics Corp (8163)?
Balance-sheet figures for Darfon Electronics Corp (as of Nov 6, 2026): return on equity −0.6%, debt of 0.48 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 8163 from its 52-week high?
Darfon Electronics Corp trades at 24.95 TWD, about 45% below its 52-week high of 45.30 TWD and 2% above the low of 24.35 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 7.10 TWD is for.
Which stocks are comparable to Darfon Electronics Corp?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, 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 Darfon Electronics Corp stock attractive at the current price?
The data as of Nov 6, 2026: price 24.95 TWD, calculated fair value 7.10 TWD (−72%), Quality Score 45/100, from 19 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 8163 calculated?
We run Darfon Electronics Corp through 19 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 7.10 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. Darfon Electronics 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 Darfon Electronics Corp (8163)?
The closing price on Nov 9, 2026 was 24.95 TWD. Our model-based fair value is 7.10 TWD, about 72% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Darfon Electronics Corp right now?
The price sits above even our optimistic bull case (8.79 TWD). The favourable scenario is already priced in. Weak quality (45/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of Darfon Electronics Corp (8163) come from?
Earnings per share at Darfon Electronics Corp grew +14.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.2 %, EBIT margin +9.4 %, tax rate −2.2 %, residual (interest, one-offs) +3.9 %. 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 Darfon Electronics Corp
How large is the market capitalisation of Darfon Electronics Corp (8163)?
The market capitalisation of Darfon Electronics Corp is 7.0B TWD (≈ $212M). 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 Darfon Electronics Corp (8163)?
The price-to-sales ratio of Darfon Electronics Corp is 0.26 (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 Darfon Electronics Corp (8163)?
Earnings per share at Darfon Electronics Corp are 0.5900 TWD (price ÷ EPS = P/E 42.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Darfon Electronics Corp (8163)?
The dividend yield of Darfon Electronics Corp is 2.0% (payout 108%, on adjusted earnings, reported 84.7%). 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 Darfon Electronics Corp (8163)?
The net margin of Darfon Electronics Corp is 0.6% (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 Darfon Electronics Corp (8163)?
The return on equity (ROE) of Darfon Electronics Corp is −0.6% (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 Darfon Electronics Corp (8163)?
On an EBIT basis the return on assets of Darfon Electronics Corp is 3.3% (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 Darfon Electronics Corp (8163)?
The operating margin of Darfon Electronics Corp is 2.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Darfon Electronics Corp (8163)?
Revenue at Darfon Electronics Corp is growing +8.9% versus a year earlier (3y avg −5.3%). 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 Darfon Electronics Corp (8163)?
Earnings per share at Darfon Electronics Corp are growing +40.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Darfon Electronics Corp (8163) carry?
The net debt of Darfon Electronics Corp is 4.5B TWD (fiscal year 2025, ≈ 41.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 6, 2026