Ability Enterprise Co Ltd (2374) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ability Enterprise Co Ltd stock TWD 22.69, price TWD 53.40, that is 57.5% below the price, quality 51 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 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 13.23 TWD – 94.95 TWD · fair‑value band 20.55 TWD – 24.47 TWD · the 53.40 TWD price screens above the 22.69 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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Ability Enterprise Co., Ltd. engages in the optical imaging business in Japan and internationally. The company offers security devices, home appliances, machine vision systems, video live streaming systems, cloud solutions, and automotive imaging applications.
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It also provides camera modules including single lens camera, and multi-lens camera modules; digital cameras, such as action, automatic license plate recognition, body, and stereo camera; live stream, video conferencing, and USB web camera; dash cam and E-mirror; LTE dashcam; and ADAS camera, camera monitor system, and in-cabin cameras, as well as electronic manufacturing services.
It serves digital imaging, smart home, internet of things, and smart driving sectors. The company was incorporated in 1965 and is headquartered in New Taipei City, Taiwan.
Stock analysis
Ability Enterprise Co Ltd (2374) currently trades at 53.40 TWD, while our model-based Fair Value estimate is 22.69 TWD, 58% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 64.61 TWD per share, and 4 of the 14 models we run sit above the 53.40 TWD price.
Bear case: the Dividend Discount group reads lowest at 4.47 TWD, and 10 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 20.55 TWD (bear) to 24.47 TWD (bull), the price of 53.40 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 51/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Ability Enterprise Co Ltd reported revenue of 9.9B TWD in FY2025 versus 3.6B TWD in FY2021, a compound +29.0%/yr. Reported net income was 788M TWD in FY2025, compounding +3.6%/yr from FY2021.
Key figures
Market cap 18.0B TWD (≈ $551M) Small · P/E ratio 16.1 · P/S ratio 1.52 · EPS (TTM) 3.32 TWD · Dividend yield 3.7% · Net margin 9.2% · Return on equity 13.5% · Return on assets (EBIT) 1.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 43% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −58%, 2374 screens richer than that median.
Fair Value models
Bear20.55 TWDFair Value 22.69 TWDBull24.47 TWD
Price 53.40 TWD · Downside -57.5%
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 (1.13 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.
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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+60.3%
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.
+23.3%
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.
+23.5%
Start year 2020 (pandemic). Over 10 years: −6.4% a year
Revenue growth 16 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.
−7.8%
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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.
+58.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+54.8%
Dividend (yield on the price)3.7%
Per share before 2009divided by the spin-off factor 1.03
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.base effect: 2.5% / 7.0%
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.−18% → 9%
2025 sits 183% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 13.1%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Ability Enterprise Co Ltd 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.Electronic Components · 651 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−57.5% · Below median
Profitability
Return on equity (12 months)13.5% · Top 25%
Return on assets6.4% · Above median
Net margin (12 months)9.2% · Above median
Operating margin (12 months)10.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)34.4% · Top 25%
Dividend yield (12 months)3.7% · Top 25%
Balance sheet
Debt / equity0.02× · Below median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (12 months)16.1× · Cheaper than median
P/B2.25× · Pricier than median
P/S (12 months)1.52× · Cheaper than median
EV/EBITDA12.3× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 70
PAST (return on equity)54· sector 28
HEALTH (low debt)99· sector 95
DIVIDEND (yield)75· sector 27
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). "Ability Enterprise Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2374
Frequently asked questions
Is Ability Enterprise Co Ltd (2374) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 22.69 TWD versus a price of 53.40 TWD, about 58% lower (overvalued).
What is the fair value of 2374?
Our model-based fair value for Ability Enterprise Co Ltd is 22.69 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 53.40 TWD.
What is the quality score of 2374?
Ability Enterprise Co Ltd has a Quality Score of 51/100. 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 Ability Enterprise Co Ltd (2374)?
Our model-based price target is the fair value of 22.69 TWD (as of Nov 6, 2026) from 14 valuation models. Cautious scenario 20.55 TWD, optimistic scenario 24.47 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Ability Enterprise Co Ltd stock forecast for 2026?
Our models put fair value at 22.69 TWD, about 58% lower versus a price of 53.40 TWD (overvalued). Cautious scenario 20.55 TWD, optimistic scenario 24.47 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Ability Enterprise Co Ltd (2374)?
Ability Enterprise Co Ltd reported trailing-twelve-month revenue of about 11.9B TWD (latest available figure, as of Nov 6, 2026).
Does Ability Enterprise Co Ltd pay a dividend?
Ability Enterprise Co Ltd currently shows a dividend yield of 3.75% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Ability Enterprise Co Ltd (2374) and when is the ex-dividend date?
Ability Enterprise Co Ltd pays a dividend of 2.00 TWD per share a year, a dividend yield of 3.7%. The last ex-dividend date was Aug 19, 2026. The payout ratio is 60.2% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Ability Enterprise Co Ltd (2374)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ability Enterprise Co Ltd it is 22.69 TWD per share (as of Nov 6, 2026), against a price of 53.40 TWD. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Ability Enterprise Co Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 2374 trades above its calculated fair value: price 53.40 TWD, fair value 22.69 TWD, a gap of about −58% (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 2374?
No. The price is what the market pays today (53.40 TWD); the fair value is what the company's own numbers justify (22.69 TWD). For Ability Enterprise Co Ltd the two are 30.71 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Ability Enterprise Co Ltd worth?
The market values Ability Enterprise Co Ltd at about 18.0B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 53.40 TWD; our models calculate a fair value of 22.69 TWD per share.
What do the bullish and bearish scenarios say about 2374?
Our models span a range for Ability Enterprise Co Ltd: cautious scenario 20.55 TWD, base 22.69 TWD, optimistic 24.47 TWD per share (as of Nov 6, 2026, price 53.40 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2374?
Ability Enterprise Co Ltd trades at a price-to-earnings ratio of 16.1 (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 22.69 TWD is built from several models across several years. Other multiples: P/B 2.3, P/S 1.5, EV/EBITDA 12.3.
How solid is the balance sheet of Ability Enterprise Co Ltd (2374)?
Balance-sheet figures for Ability Enterprise Co Ltd (as of Nov 6, 2026): return on equity 13.5%, debt of 0.02 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 2374 from its 52-week high?
Ability Enterprise Co Ltd trades at 53.40 TWD, about 43% below its 52-week high of 94.16 TWD and at the low of 53.40 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 22.69 TWD is for.
Which stocks are comparable to Ability Enterprise Co Ltd?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, 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 Ability Enterprise Co Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price 53.40 TWD, calculated fair value 22.69 TWD (−58%), Quality Score 51/100, from 14 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 2374 calculated?
We run Ability Enterprise Co Ltd through 14 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 22.69 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 13.0% above its aggregate fair value. Ability Enterprise Co Ltd 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 Ability Enterprise Co Ltd (2374)?
The closing price on Nov 6, 2026 was 53.40 TWD. Our model-based fair value is 22.69 TWD, about 58% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ability Enterprise Co Ltd right now?
The price sits above even our optimistic bull case (24.47 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Ability Enterprise Co Ltd (2374) come from?
Earnings per share at Ability Enterprise Co Ltd grew +2.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −10.4 %, EBIT margin +17.9 %, tax rate −0.2 %, residual (interest, one-offs) −2.8 %. 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 Ability Enterprise Co Ltd
How large is the market capitalisation of Ability Enterprise Co Ltd (2374)?
The market capitalisation of Ability Enterprise Co Ltd is 18.0B TWD (≈ $551M). 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 Ability Enterprise Co Ltd (2374)?
The price-to-sales ratio of Ability Enterprise Co Ltd is 1.52 (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 Ability Enterprise Co Ltd (2374)?
Earnings per share at Ability Enterprise Co Ltd are 3.32 TWD (price ÷ EPS = P/E 16.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ability Enterprise Co Ltd (2374)?
The dividend yield of Ability Enterprise Co Ltd is 3.7% (payout 60.2%). 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 Ability Enterprise Co Ltd (2374)?
The net margin of Ability Enterprise Co Ltd is 9.2% (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 Ability Enterprise Co Ltd (2374)?
The return on equity (ROE) of Ability Enterprise Co Ltd is 13.5% (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 Ability Enterprise Co Ltd (2374)?
On an EBIT basis the return on assets of Ability Enterprise Co Ltd is 1.7% (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 Ability Enterprise Co Ltd (2374)?
The operating margin of Ability Enterprise Co Ltd is 10.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ability Enterprise Co Ltd (2374)?
Revenue at Ability Enterprise Co Ltd is growing +34.4% versus a year earlier (3y avg +23.3%). 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 Ability Enterprise Co Ltd (2374)?
Earnings per share at Ability Enterprise Co Ltd are growing +126% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ability Enterprise Co Ltd (2374) generate?
The free cash flow of Ability Enterprise Co Ltd is −646M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Ability Enterprise Co Ltd (2374) hold?
Ability Enterprise Co Ltd holds more cash than debt, 1.2B TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 6, 2026