Microtek International Inc (2305) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Microtek International Inc TWD 6.59, price TWD 62.90, upside -89.5%, quality 66 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Structural break:
The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Stretched ValuationStrong overvaluation with only moderate quality.
!Fair value 6.59 TWD · Strongly overvalued (−90%)
✓Quality 66/100
✓Healthy Growth(revenue 5y +5.1 %/yr)
!Thin margins · 6.6% net margin (TTM)
✓Low debt · generates free cash flow
!Trails peers(4/13)
!Narrow moat34/100
!Evidence only low, so the estimate is less certain
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 7.39 TWD – 63.60 TWD · the 62.90 TWD price screens above the 6.59 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
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Microtek International, IMicrotek International, Inc., together with its subsidiaries, engages in the design, manufacture, and sale scanners, related computer information peripherals, and fiber optic engineering test instruments in China and internationally. It operates through two segments, Image Scanner and Optoelectronic Equipment.
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Microtek International, IMicrotek International, Inc., together with its subsidiaries, engages in the design, manufacture, and sale scanners, related computer information peripherals, and fiber optic engineering test instruments in China and internationally. It operates through two segments, Image Scanner and Optoelectronic Equipment. The company offers NDT/RT film digitizers, line cameras, fabric defect detection, industrial inspections, and NDT inspecting software; software products, including digital archiving, document management, artworks management, bill management, and inspecting data management; X-ray film digitizers and application software; and gel electrophoresis and herbarium specimens. It also provides scanners for the business, medical, biotechnology, and industry sectors, such as hi-speed flatbed, ADF, advanced imaging, large-scale artworks, object, fingerprint gels, and multispectral and anti-counterfeiting scanners; and entry-level and document cameras, as well as optical source devices, light instruments, and light source manufacturing systems. In addition, the company engages in investment activities; and provision of electronic communication technology consulting services, as well as after-sales service of electronic products. Microtek International, Inc. was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.nc. was incorporated in 1980 and is based in Hsinchu City, Taiwan.
Stock analysis
Microtek International Inc (2305) currently trades at 62.90 TWD, while our model-based Fair Value estimate is 6.59 TWD, implying the stock looks roughly 854.2% overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 8.86 TWD per share, and 0 of the 19 models we run sit above the 62.90 TWD price.
Bear case: the Earnings-Based group reads lowest at 1.63 TWD, and 19 of the 19 models stay below the price. Evidence for this calculation is low.
Quality & growth
The Quality Score stands at 66/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Microtek International Inc reported revenue of 746M TWD in FY2025 versus 626M TWD in FY2021, a compound +4.5%/yr. Reported net income was 39.7M TWD in FY2025, compounding +18.7%/yr from FY2021.
Key figures
Market cap 12.8B TWD (≈ $400M) · P/E ratio 314.5 · P/S ratio 16.7 · EPS (TTM) 0.2000 TWD · Dividend yield 0.3% · Net margin 5.3% · Return on equity 4.6% · Return on assets (EBIT) −0.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 1% below its 52-week high and 514% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −33% fair-value upside, at −90%, 2305 screens richer than that median.
Fair Value models
Bear 6.59 TWDFair Value 6.59 TWDBull 6.59 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.1468 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.Evidence ⓘEvidence = 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.69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.1%
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.
+10.4%
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.
+5.1%
Start year 2020 (pandemic). Over 10 years: −0.8% a year
Revenue growth 25 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.
−8.1%
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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.
+19.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+18.7%
Dividend (yield on the price)0.3%
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.19% vs −13%, picking up
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.11% → −2%
2025 sits 111% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 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).
+43.8%
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 +41.6% a year for the price.
Compare Microtek International 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.Computer Hardware · 220 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−90% · Bottom 25%
Profitability
Return on equity (TTM)5% · Below median
Return on assets0% · Below median
Net margin (TTM)7% · Above median
Operating margin (TTM)3% · Below median
Growth and dividend
Revenue growth49% · Top 25%
Dividend yield (TTM)0.3% · Bottom 25%
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/E (TTM)314.5× · Priciest 25%
P/B5.57× · Priciest 25%
P/S (TTM)15.41× · Priciest 25%
P/FCF2.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 59
PAST (return on equity)18· sector 26
HEALTH (low debt)99· sector 97
DIVIDEND (yield)6· sector 40
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). "Microtek International Inc Fair Value". https://www.fairvalue-calculator.com/stock/2305
Frequently asked questions
Is Microtek International Inc (2305) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 6.59 TWD versus a price of 62.90 TWD, about −90% upside (overvalued).
What is the fair value of 2305?
Our model-based fair value for Microtek International Inc is 6.59 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 62.90 TWD.
What is the quality score of 2305?
Microtek International Inc has a Quality Score of 66/100. 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 Microtek International Inc (2305)?
Our model-based price target is the fair value of 6.59 TWD (as of Sep 24, 2026) from 19 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Microtek International Inc stock forecast for 2026?
Our models put fair value at 6.59 TWD, about −90% upside versus a price of 62.90 TWD (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of Microtek International Inc (2305)?
Microtek International Inc reported trailing-twelve-month revenue of about 828M TWD (latest available figure, as of Sep 24, 2026).
Does Microtek International Inc pay a dividend?
Microtek International Inc currently shows a dividend yield of about 0.28% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Microtek International Inc (2305)?
For today's price to be fair in a discounted-cash-flow model, Microtek International Inc would have to grow free cash flow by +43.8 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 2305 use?
Our models discount Microtek International Inc at 11.8 %: a base by market capitalisation (micro), damped by beta 0.11, 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 Microtek International Inc that is +43.8 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Microtek International Inc (2305) delivered so far?
Over the past 5 years revenue at Microtek International Inc grew +5.1 % a year. The price currently implies +43.8 % per year free-cash-flow growth a 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 Microtek International Inc (2305) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Microtek International Inc (+43.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Microtek International Inc (2305)?
The free-cash-flow yield on the price is 1.07 %: that much free cash flow Microtek International Inc produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Microtek International Inc (2305)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Microtek International Inc it is 6.59 TWD per share (as of Sep 24, 2026), against a price of 62.90 TWD. It is the blended result of 19 valuation models (cash flow, earnings, asset, dividend).
Is Microtek International Inc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 2305 trades above its calculated fair value: price 62.90 TWD, fair value 6.59 TWD, a gap of about −90% (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 2305?
No. The price is what the market pays today (62.90 TWD); the fair value is what the company's own numbers justify (6.59 TWD). For Microtek International Inc the two are 56.31 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Microtek International Inc worth?
The market values Microtek International Inc at about 12.8B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 62.90 TWD; our models calculate a fair value of 6.59 TWD per share.
What is the P/E ratio of 2305?
Microtek International Inc trades at a price-to-earnings ratio of 314.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 6.59 TWD is built from several models across several years. Other multiples: P/B 5.6, P/S 15.4.
How solid is the balance sheet of Microtek International Inc (2305)?
Balance-sheet figures for Microtek International Inc (as of Sep 24, 2026): return on equity 4.6%, debt of 0.01 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 2305 from its 52-week high?
Microtek International Inc trades at 62.90 TWD, about 1% below its 52-week high of 63.60 TWD and 514% above the low of 10.25 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 6.59 TWD is for.
Which stocks are comparable to Microtek International Inc?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Western Digital Corporation, Wiwynn Corporation, 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 Microtek International Inc stock attractive at the current price?
The data as of Sep 24, 2026: price 62.90 TWD, calculated fair value 6.59 TWD (−90%), Quality Score 66/100, 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 2305 calculated?
We run Microtek International Inc through 19 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 6.59 TWD, 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 14.1 % above its aggregate fair value. Microtek International 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 Microtek International Inc (2305)?
The closing price on Sep 24, 2026 was 62.90 TWD. Our model-based fair value is 6.59 TWD, about −90% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Microtek International Inc right now?
The price sits above even our optimistic bull case (6.59 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Microtek International Inc
How large is the market capitalisation of Microtek International Inc (2305)?
The market capitalisation of Microtek International Inc is 12.8B TWD (≈ $400M). 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 Microtek International Inc (2305)?
The price-to-sales ratio of Microtek International Inc is 16.7 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Microtek International Inc (2305)?
Earnings per share at Microtek International Inc are 0.2000 TWD (price ÷ EPS = P/E 314.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Microtek International Inc (2305)?
The dividend yield of Microtek International Inc is 0.3% (payout 89.6%). 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 Microtek International Inc (2305)?
The net margin of Microtek International Inc is 5.3% (fiscal year 2025). 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 Microtek International Inc (2305)?
The return on equity (ROE) of Microtek International Inc is 4.6% (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 Microtek International Inc (2305)?
On an EBIT basis the return on assets of Microtek International Inc is −0.5% (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 Microtek International Inc (2305)?
The operating margin of Microtek International Inc is 3.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Microtek International Inc (2305)?
Revenue at Microtek International Inc is growing +49.2% versus a year earlier (3y avg +10.4%). 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 Microtek International Inc (2305)?
Earnings per share at Microtek International Inc are growing +83.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Microtek International Inc (2305) hold?
Microtek International Inc holds more cash than debt, 364M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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