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Evertop Wire Cable Corporation (1616) Fair Value & Analysis

Industrials · TW · Market cap 3.8B TWD

EW Evertop Wire Cable Corporation 1616 · TW
Price19.75 TWD
Fair Value26.78 TWD
Upside+35.6%
Quality57/100
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Expensive Growth
Thin margins · 4.4% net margin
Low debt · generates free cash flow
6.87% dividend yield
Ranks above peers (11/14)
Narrow moat 40/100
Evidence: High Range 16.44 TWD – 38.87 TWD Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Share price −9.4% over the past month.

A solid business, screening 36% undervalued on our models.

What matters now

  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (16.44 TWD to 38.87 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

43.55 TWD 6.07 TWD Fair Value 26.78 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 6.07 TWD – 43.55 TWD · fair‑value band 16.44 TWD – 38.87 TWD · the 19.75 TWD price screens below the 26.78 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Evertop Wire Cable Corporation (1616) currently trades at 19.75 TWD, while our model-based Fair Value estimate is 26.78 TWD, implying the stock looks roughly 35.6% undervalued today. The Quality Score stands at 57/100 (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, Evertop Wire Cable Corporation generated revenue of 5.3B TWD at a net margin of 4.4%. Revenue grew 8.6% year over year. It earns a return on equity of 10.1%. Net debt stands at 567M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 16.44 TWD (bear case) to 38.87 TWD (bull case); at 19.75 TWD, the current price sits within 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 56% 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 36%, 1616 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 5.27 TWD 6.18 TWD 7.37 TWD 80
Residual Income 11.07 TWD 12.98 TWD 21.34 TWD 76
ROIC Compounder 25.15 TWD 29.87 TWD 34.81 TWD 72
All 24 models by family
DCF Models
FCF DCF 5.22 TWD 6.21 TWD 7.57 TWD 38
Owner Earnings 16.00 TWD 21.65 TWD 29.44 TWD 31
5Y Revenue Exit 19.58 TWD 32.18 TWD 48.11 TWD 39
5Y EBITDA Exit 20.78 TWD 34.32 TWD 49.76 TWD 41
5Y P/E Exit 17.18 TWD 27.88 TWD 38.72 TWD 38
10Y Revenue Exit 13.26 TWD 23.28 TWD 36.36 TWD 36
10Y EBITDA Exit 14.74 TWD 24.70 TWD 37.54 TWD 37
10Y P/E Exit 12.53 TWD 20.43 TWD 29.62 TWD 35
Earnings-Based
Graham-Dodd 10.54 TWD 26.01 TWD 33.70 TWD 54
PEG = 1.0 4.70 TWD 6.71 TWD 8.73 TWD 46
EPV 24.23 TWD 27.60 TWD 30.50 TWD 59
Dividend Discount
Gordon GGM 15.84 TWD 28.21 TWD 43.59 TWD 70
DDM Multi-Stage 15.84 TWD 23.47 TWD 31.45 TWD 61
Multiples
P/E Multiple 24.42 TWD 32.56 TWD 40.70 TWD 63
P/S Multiple 19.77 TWD 26.36 TWD 32.95 TWD 58
P/B Multiple 19.77 TWD 26.36 TWD 32.95 TWD 55
EV/EBIT 40.59 TWD 53.14 TWD 65.69 TWD 53
EV/EBITDA 33.90 TWD 44.23 TWD 54.55 TWD 54
EV/Revenue 29.81 TWD 41.32 TWD 52.84 TWD 43
Asset-Based
NCAV (Graham) 5.85 TWD 7.84 TWD 11.70 TWD 50
Growth DCF
Growth DCF 5.27 TWD 6.18 TWD 7.37 TWD 80
Economic Profit
Residual Income 11.07 TWD 12.98 TWD 21.34 TWD 76
ROIC Compounder 25.15 TWD 29.87 TWD 34.81 TWD 72
Growth Earnings
Growth-Adj P/E 18.75 TWD 26.78 TWD 34.81 TWD 68

Widest divergence: Multiples (32.56 TWD) versus Growth DCF (6.18 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 5.3B TWD
Revenue growth (YoY) +8.6%
Net margin 4.4%
Return on equity 10.1%
Free cash flow 42.4M TWD FY2025
P/E ratio 14.4
More key figures
Operating margin 5.4%
EPS (TTM) 1.55 TWD
Dividend yield 6.2%
EPS growth (YoY) -53.3%
Net debt 567M TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 55 · Market factors (momentum, volatility) 24

Profitability 52
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 83
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

Evertop Wire Cable Corporation engages in the research and development, manufacture, and sale of wires and cables in Taiwan. The company offers bare wires; power, communication, optical fiber, and solar cables; optical and electrical hybrid cables; and other cables.

Full company description

Evertop Wire Cable Corporation engages in the research and development, manufacture, and sale of wires and cables in Taiwan. The company offers bare wires; power, communication, optical fiber, and solar cables; optical and electrical hybrid cables; and other cables. Its products are used in building infrastructure, such as offices, residences, schools, hospitals, and industrial parks, as well as public transportation, including subways, tunnels, high-speed rail systems, stations, and airports. The company was founded in 1988 and is headquartered in Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Evertop Wire Cable Corporation reported revenue of 5.2B TWD in FY2025 versus 3.2B TWD in FY2021, a compound +12.9%/yr. Reported net income was 294M TWD in FY2025, compounding +32.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.2B TWD
Latest YoY
+13.4%
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.
+11.9%
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.
+14.2%
Avg. growth/yr (23Y) 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.
+3.4%
Revenue +12.9%/yr
FY21 3.2B TWD
FY22 3.7B TWD
FY23 4.1B TWD
FY24 4.6B TWD
FY25 5.2B TWD
Net income +32.8%/yr
FY21 94.6M TWD
FY22 18.5M TWD
FY23 226M TWD
FY24 387M TWD
FY25 294M TWD

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Cite: Fair Value Calculator (2026). "Evertop Wire Cable Corporation Fair Value". https://www.fairvalue-calculator.com/stock/1616

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 57 · Above median
Fair Value upside +36% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 4% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 9% · Below median
Dividend yield (TTM) 6.9% · Top 25%

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

P/E (TTM) 12.8× · Cheaper than 75% of peers
P/B 1.70× · Cheaper than median
P/S (TTM) 0.71× · Cheaper than median
P/FCF 2.8× · Cheaper than median
EV/EBITDA 6.1× · 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 81 · sector 0
FUTURE 43 · sector 57
PAST 41 · 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 21, 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 Evertop Wire Cable Corporation (1616) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 26.78 TWD versus a price of 19.75 TWD, about +36% (undervalued).
What is the fair value of 1616?
Our model-based fair value for Evertop Wire Cable Corporation is 26.78 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 19.75 TWD.
What is the quality score of 1616?
Evertop Wire Cable Corporation has a Quality Score of 57/100. 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 Evertop Wire Cable Corporation (1616)?
Evertop Wire Cable Corporation reported trailing-twelve-month revenue of about 5.3B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 1616?
The net profit margin of Evertop Wire Cable Corporation is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Evertop Wire Cable Corporation pay a dividend?
Evertop Wire Cable Corporation currently shows a dividend yield of about 6.20% relative to its recent price (as of Jul 21, 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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