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Hong Tai Electric Industrial Co (1612) Fair Value & Analysis

Industrials · TW · Market cap 10.0B TWD

HT Hong Tai Electric Industrial Co 1612 · TW
Price32.95 TWD
Fair Value47.07 TWD
Upside+42.9%
Quality71/100
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Healthy Growth
Solidly profitable · 12.3% net margin
Low debt · generates free cash flow
7.94% dividend yield
Ranks above peers (13/14)
Moderate moat 55/100
Evidence: High Range 35.30 TWD – 58.84 TWD Share as image

Fair value as of: Jul 23, 2026

From 23 valuation models · updated 18 days ago

Share price −1.8% over the past month.

A solid business, screening 43% undervalued on our models.

What matters now

  • The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (35.30 TWD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

37.91 TWD 10.62 TWD Fair Value 47.07 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 10.62 TWD – 37.91 TWD · fair‑value band 35.30 TWD – 58.84 TWD · the 32.95 TWD price screens below the 47.07 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Hong Tai Electric Industrial Co (1612) currently trades at 32.95 TWD, while our model-based Fair Value estimate is 47.07 TWD, implying the stock looks roughly 42.9% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Hong Tai Electric Industrial Co generated revenue of 7.7B TWD at a net margin of 12.3%. Revenue grew 7.3% year over year. It earns a return on equity of 12.4%. The balance sheet holds a net cash position of 1.4B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 35.30 TWD (bear case) to 58.84 TWD (bull case); at 32.95 TWD, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 43%, 1612 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF 50.84 TWD 68.63 TWD 92.66 TWD 80
Residual Income 23.79 TWD 26.62 TWD 43.89 TWD 76
Rev-Margin DCF 35.94 TWD 49.36 TWD 63.70 TWD 74
All 23 models by family
DCF Models
FCF DCF 49.42 TWD 68.33 TWD 94.91 TWD 38
Owner Earnings 33.46 TWD 45.66 TWD 62.80 TWD 31
5Y Revenue Exit 35.94 TWD 48.64 TWD 63.88 TWD 39
5Y EBITDA Exit 37.45 TWD 51.28 TWD 66.34 TWD 41
5Y P/E Exit 45.05 TWD 64.66 TWD 83.87 TWD 38
10Y Revenue Exit 39.91 TWD 52.09 TWD 66.43 TWD 36
10Y EBITDA Exit 41.56 TWD 53.86 TWD 68.21 TWD 37
10Y P/E Exit 46.29 TWD 62.86 TWD 80.86 TWD 35
Earnings-Based
Graham-Dodd 18.83 TWD 41.10 TWD 52.34 TWD 54
PEG = 1.0 6.47 TWD 9.25 TWD 12.02 TWD 46
EPV 25.58 TWD 29.09 TWD 32.17 TWD 59
Multiples
P/E Multiple 43.61 TWD 58.14 TWD 72.68 TWD 63
P/S Multiple 35.30 TWD 47.07 TWD 58.84 TWD 58
P/B Multiple 35.30 TWD 47.07 TWD 58.84 TWD 55
EV/EBIT 39.98 TWD 51.81 TWD 63.64 TWD 53
EV/EBITDA 34.34 TWD 44.29 TWD 54.25 TWD 54
EV/Revenue 29.82 TWD 40.68 TWD 51.53 TWD 43
Asset-Based
NCAV (Graham) 13.42 TWD 17.98 TWD 26.83 TWD 50
Growth DCF
Growth DCF 50.84 TWD 68.63 TWD 92.66 TWD 80
Rev-Margin DCF 35.94 TWD 49.36 TWD 63.70 TWD 74
Economic Profit
Residual Income 23.79 TWD 26.62 TWD 43.89 TWD 76
ROIC Compounder 25.58 TWD 29.78 TWD 34.78 TWD 72
Growth Earnings
Growth-Adj P/E 32.34 TWD 46.19 TWD 60.05 TWD 68

Widest divergence: DCF Models (52.09 TWD) versus Asset-Based (17.98 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 7.7B TWD
Revenue growth (YoY) +7.3%
Net margin 12.3%
Return on equity 12.4%
Free cash flow 1.4B TWD FY2025
P/E ratio 13.7
More key figures
Operating margin 14.3%
EPS (TTM) 2.75 TWD
Dividend yield 6.7%
EPS growth (YoY) +39.0%
Net cash 1.4B TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 71 · Market factors (momentum, volatility) 47

Profitability 47
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 80
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 79
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Hong Tai Electric Industrial Co., Ltd. manufactures, processes, and sells wires and cables, and communication products and accessories.

Full company description

Hong Tai Electric Industrial Co., Ltd. manufactures, processes, and sells wires and cables, and communication products and accessories. It offers bare soft/hard copper stranded wire, lead-free PVC wires and cables, medium and low voltage cross-linked PE cables, UHV cross-linked PE cables, heat-resistant/flame-resistant cables, solar cables, and rat and ant-proof wires and cables. The company also provides prefabricated branch cables, low-smoke free halogen wire and cables, control cable/shielded control cable/coaxial cable, PVC insulated sheathed portable cables, armored cable, and communication cables. In addition, it engages in investment activities and cable installation engineering. Hong Tai Electric Industrial Co., Ltd. was founded in 1968 and is headquartered in Taipei, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hong Tai Electric Industrial Co reported revenue of 7.6B TWD in FY2025 versus 6.3B TWD in FY2021, a compound +4.6%/yr. Reported net income was 875M TWD in FY2025, compounding −24.5%/yr from FY2021.

Growth Quality 92/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
7.6B TWD
Latest YoY
+14.7%
Avg. growth/yr (3Y) 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.
+5.7%
Avg. growth/yr (5Y) 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.
+10.6%
Avg. growth/yr (21Y) 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.
+2.2%
Revenue +4.6%/yr
FY21 6.3B TWD
FY22 6.4B TWD
FY23 6.2B TWD
FY24 6.6B TWD
FY25 7.6B TWD
Net income −24.5%/yr
FY21 2.7B TWD
FY22 354M TWD
FY23 628M TWD
FY24 753M TWD
FY25 875M TWD

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Cite: Fair Value Calculator (2026). "Hong Tai Electric Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/1612

Peer Group

Electrical Equipment & Parts · 526 stocks

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.

Quality Score 71 · Top 25%
Fair Value upside +43% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 7% · Below median
Dividend yield (TTM) 7.9% · Top 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 11.5× · Cheaper than 75% of peers
P/B 1.18× · Cheaper than median
P/S (TTM) 1.30× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 8.5× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 91 · sector 0
FUTURE 37 · sector 57
PAST 50 · sector 26
HEALTH 100 · sector 97
DIVIDEND 100 · sector 18

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Hong Tai Electric Industrial Co (1612) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 47.07 TWD versus a price of 32.95 TWD, about +43% (undervalued).
What is the fair value of 1612?
Our model-based fair value for Hong Tai Electric Industrial Co is 47.07 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 32.95 TWD.
What is the quality score of 1612?
Hong Tai Electric Industrial Co has a Quality Score of 71/100. 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 revenue of Hong Tai Electric Industrial Co (1612)?
Hong Tai Electric Industrial Co reported trailing-twelve-month revenue of about 7.7B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 1612?
The net profit margin of Hong Tai Electric Industrial Co is about 12.3%, meaning it keeps roughly 12.3% of revenue as net income. Based on the latest reported figures.
Does Hong Tai Electric Industrial Co pay a dividend?
Hong Tai Electric Industrial Co currently shows a dividend yield of about 6.74% relative to its recent price (as of Jul 23, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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