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Foxconn Technology Co (2354) Fair Value & Analysis

Technology · TW · Market cap 76.4B TWD

FT Foxconn Technology Co 2354 · TW
Price61.80 TWD
Fair Value39.79 TWD
Upside-35.6%
Quality66/100
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Healthy Growth
Thin margins · 2.0% net margin
Low debt · generates free cash flow
2.78% dividend yield
Mixed vs. peers (6/15)
Narrow moat 22/100
Evidence: High Range 29.53 TWD – 50.29 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price +6.7% over the past month.

A solid business, but screening 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (50.29 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

97.30 TWD 43.81 TWD Fair Value 39.79 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 43.81 TWD – 97.30 TWD · fair‑value band 29.53 TWD – 50.29 TWD · the 61.80 TWD price screens above the 39.79 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Foxconn Technology Co (2354) currently trades at 61.80 TWD, while our model-based Fair Value estimate is 39.79 TWD, implying the stock looks roughly 35.6% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Foxconn Technology Co generated revenue of 151B TWD at a net margin of 2.0%. Revenue declined 15.8% year over year. It earns a return on equity of 2.6%. The balance sheet holds a net cash position of 4.4B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 29.53 TWD (bear case) to 50.29 TWD (bull case); at 61.80 TWD, the current price sits above 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 20% below its 52-week high and 24% 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 -36%, 2354 screens richer 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 BearBaseBull Evidence
Highest evidence
Growth DCF 53.94 TWD 73.88 TWD 101.91 TWD 80
Residual Income 55.34 TWD 54.26 TWD 46.49 TWD 76
Rev-Margin DCF 34.58 TWD 44.83 TWD 56.52 TWD 74
All 26 models by family
DCF Models
FCF DCF 52.97 TWD 75.08 TWD 107.89 TWD 38
Owner Earnings 38.77 TWD 53.64 TWD 75.70 TWD 31
5Y Revenue Exit 34.58 TWD 44.21 TWD 55.82 TWD 39
5Y EBITDA Exit 38.80 TWD 51.95 TWD 66.65 TWD 41
5Y P/E Exit 44.80 TWD 62.93 TWD 81.39 TWD 38
10Y Revenue Exit 40.47 TWD 50.64 TWD 63.06 TWD 36
10Y EBITDA Exit 43.61 TWD 55.95 TWD 71.18 TWD 37
10Y P/E Exit 47.40 TWD 63.49 TWD 82.21 TWD 35
Earnings-Based
Graham-Dodd 15.75 TWD 44.07 TWD 57.96 TWD 54
Lynch FV 8.89 TWD 12.69 TWD 16.50 TWD 50
PEG = 1.0 8.89 TWD 12.69 TWD 16.50 TWD 46
EPV 17.83 TWD 19.20 TWD 20.40 TWD 59
Dividend Discount
Gordon GGM 12.85 TWD 26.73 TWD 42.40 TWD 70
DDM Multi-Stage 12.85 TWD 20.32 TWD 28.05 TWD 61
Multiples
P/E Multiple 34.74 TWD 46.33 TWD 57.91 TWD 63
P/S Multiple 29.53 TWD 39.38 TWD 49.22 TWD 58
P/B Multiple 29.53 TWD 39.38 TWD 49.22 TWD 55
EV/EBIT 32.93 TWD 40.70 TWD 48.48 TWD 53
EV/EBITDA 33.85 TWD 41.93 TWD 50.01 TWD 54
EV/Revenue 25.33 TWD 32.06 TWD 38.80 TWD 43
Asset-Based
NCAV (Graham) 37.92 TWD 50.82 TWD 75.85 TWD 50
Growth DCF
Growth DCF 53.94 TWD 73.88 TWD 101.91 TWD 80
Rev-Margin DCF 34.58 TWD 44.83 TWD 56.52 TWD 74
Economic Profit
Residual Income 55.34 TWD 54.26 TWD 46.49 TWD 76
ROIC Compounder 17.83 TWD 19.20 TWD 20.40 TWD 72
Growth Earnings
Growth-Adj P/E 27.85 TWD 39.79 TWD 51.73 TWD 68

Widest divergence: DCF Models (53.64 TWD) versus Earnings-Based (12.69 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 151B TWD
Revenue growth (YoY) -15.8%
Net margin 2.0%
Return on equity 2.6%
Free cash flow 5.5B TWD FY2025
P/E ratio 24.7
More key figures
Operating margin 1.5%
EPS (TTM) 2.31 TWD
Dividend yield 2.7%
EPS growth (YoY) -30.0%
Net cash 4.4B TWD FY2025

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 66 · Market factors (momentum, volatility) 49

Profitability 30
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 100
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

Foxconn Technology Co., Ltd. manufactures, processes, and sells cases, heat dissipation modules, and consumer electronics products. It offers 3C electronic product, modules and components.

Full company description

Foxconn Technology Co., Ltd. manufactures, processes, and sells cases, heat dissipation modules, and consumer electronics products. It offers 3C electronic product, modules and components. The company also engages in the research, development, manufacture, and sale of computer thermal modules, computer components, and aluminum magnesium cases; and manufacture and marketing of computer peripherals and cases, new alloy materials, precision molds, electronic components, and portable computers and its components. In addition, it produces and sells aluminum alloy materials, rail vehicle components, car accessories and electronic components, structured metal products, metal containers, automobile parts; and power plugs, wall sockets, and micro ribbon connectors for terminals, etc., as well as aluminum alloy parts for automobiles and electronics. Further, the company is involved in sale of wireless vital sign monitoring system; wholesale and retail of medical equipment and precision instruments; game consoles reselling business; health management service and long-term care equipment purchase and lease services; and aluminum casting, aluminum and magnesium rolling, stretching, extruding, and manufacture of metal structure and building component. It operates in China, Japan, Taiwan, the United States, and internationally. The company was founded in 1990 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Foxconn Technology Co reported revenue of 156B TWD in FY2025 versus 104B TWD in FY2021, a compound +10.7%/yr. Reported net income was 3.3B TWD in FY2025, compounding −7.6%/yr from FY2021.

Growth Quality 72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
156B TWD
Latest YoY
+105.8%
Avg. growth/yr (3Y)
+19.9%
Avg. growth/yr (5Y)
+8.3%
Avg. growth/yr (23Y)
+12.6%
Revenue +10.7%/yr
FY21 104B TWD
FY22 90.5B TWD
FY23 74.5B TWD
FY24 75.8B TWD
FY25 156B TWD
Net income −7.6%/yr
FY21 4.5B TWD
FY22 4.3B TWD
FY23 4.3B TWD
FY24 3.6B TWD
FY25 3.3B TWD

2354 screens 36% overvalued. Compare with TD SYNNEX Corporation →

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Cite: Fair Value Calculator (2026). "Foxconn Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/2354

Peer Group

Electronics & Computer Distribution · 151 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 66 · Top 25%
Fair Value upside −36% · Below median
Return on equity (TTM) 3% · Bottom 25%
Return on assets 1% · Bottom 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth -16% · Bottom 25%
Dividend yield (TTM) 2.8% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electronics & Computer Distribution median · lower = cheaper

P/E (TTM) 23.4× · Pricier than median
P/B 0.71× · Cheaper than median
P/S (TTM) 0.51× · Pricier than median
P/FCF 0.4× · Cheaper than median
EV/EBITDA 19.0× · Pricier than 75% of peers
PEG 0.86× · 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 0 · sector 14
FUTURE 0 · sector 57
PAST 10 · sector 36
HEALTH 99 · sector 98
DIVIDEND 56 · sector 39

VALUE 0: the price sits above our fair-value range.

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 Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $251.52 $207.02 -18%
Unisplendour Corporation 000938 ¥38.59 ¥11.79 -69%
Rexel S.A RXL €38.59 €33.31 -14%
Arrow Electronics, Inc ARW $204.10 $115.40 -43%
Avnet, Inc AVT $87.13 $58.57 -33%
WPG Holdings 3702 106.50 TWD 102.31 TWD -4%
Shenzhen Huaqiang Industry Co 000062 ¥22.37 ¥7.52 -66%
Synnex Technology International Corporation 2347 85.30 TWD 86.30 TWD +1%
Nanjing Sunlord Electronics Corporation 300975 ¥37.37 ¥8.60 -77%
Beijing Tricolor Technology Co 603516 ¥106.52 ¥23.39 -78%

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Frequently asked questions

Is Foxconn Technology Co (2354) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 39.79 TWD versus a price of 61.80 TWD, about −36% (overvalued).
What is the fair value of 2354?
Our model-based fair value for Foxconn Technology Co is 39.79 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 61.80 TWD.
What is the quality score of 2354?
Foxconn Technology Co 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 revenue of Foxconn Technology Co (2354)?
Foxconn Technology Co reported trailing-twelve-month revenue of about 151B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 2354?
The net profit margin of Foxconn Technology Co is about 2.0%, meaning it keeps roughly 2.0% of revenue as net income. Based on the latest reported figures.
Does Foxconn Technology Co pay a dividend?
Foxconn Technology Co currently shows a dividend yield of about 2.67% 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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