EN DE

Advantech Co (2395) Fair Value & Analysis

Technology · TW · Market cap 463B TWD

AC Advantech Co 2395 · TW
Price634.00 TWD
Fair Value204.09 TWD
Upside-67.8%
Quality81/100
Watch Advantech Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 15.1% net margin
Low debt · generates free cash flow
1.76% dividend yield
Mixed vs. peers (8/15)
Wide moat 69/100
Evidence: High Range 143.68 TWD – 255.28 TWD Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 22 days ago

Share price +16.1% over the past month.

A strong business, but screening 68% overvalued on our models.

What matters now

  • A high-quality business (quality 81/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (255.28 TWD). The favourable scenario is already priced in.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

634.00 TWD 245.41 TWD Fair Value 204.09 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 245.41 TWD – 634.00 TWD · fair‑value band 143.68 TWD – 255.28 TWD · the 634.00 TWD price screens above the 204.09 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Advantech Co (2395) currently trades at 634.00 TWD, while our model-based Fair Value estimate is 204.09 TWD, implying the stock looks roughly 67.8% overvalued today. We read business quality at 81/100 (high 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, Advantech Co generated revenue of 73.9B TWD at a net margin of 15.1%. Revenue grew 17.5% year over year. It earns a return on equity of 22.9%. The balance sheet holds a net cash position of 9.3B TWD. Fundamentals as of Jul 16, 2026

Our scenario range runs from 143.68 TWD (bear case) to 255.28 TWD (bull case); at 634.00 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 near its 52-week high and 134% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -68%, 2395 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 137.09 TWD 224.19 TWD 374.24 TWD 80
Residual Income 80.13 TWD 98.40 TWD 267.06 TWD 76
Rev-Margin DCF 132.47 TWD 214.49 TWD 314.63 TWD 74
All 26 models by family
DCF Models
FCF DCF 136.03 TWD 224.81 TWD 376.50 TWD 38
Owner Earnings 144.68 TWD 239.71 TWD 402.05 TWD 31
5Y Revenue Exit 132.47 TWD 215.78 TWD 325.69 TWD 39
5Y EBITDA Exit 140.84 TWD 232.24 TWD 342.77 TWD 41
5Y P/E Exit 165.21 TWD 280.12 TWD 406.52 TWD 38
10Y Revenue Exit 128.58 TWD 207.85 TWD 322.16 TWD 36
10Y EBITDA Exit 138.25 TWD 219.86 TWD 336.13 TWD 37
10Y P/E Exit 154.46 TWD 254.80 TWD 388.27 TWD 35
Earnings-Based
Graham-Dodd 82.96 TWD 320.88 TWD 435.07 TWD 54
Lynch FV 78.57 TWD 112.24 TWD 145.91 TWD 50
PEG = 1.0 78.57 TWD 112.24 TWD 145.91 TWD 46
EPV 120.87 TWD 139.93 TWD 156.87 TWD 59
Dividend Discount
Gordon GGM 80.37 TWD 175.45 TWD 295.21 TWD 70
DDM Multi-Stage 80.37 TWD 143.72 TWD 182.85 TWD 61
Multiples
P/E Multiple 183.00 TWD 244.00 TWD 304.99 TWD 63
P/S Multiple 153.07 TWD 204.09 TWD 255.12 TWD 58
P/B Multiple 142.39 TWD 189.86 TWD 237.32 TWD 55
EV/EBIT 192.71 TWD 252.66 TWD 312.61 TWD 53
EV/EBITDA 156.34 TWD 204.16 TWD 251.99 TWD 54
EV/Revenue 134.09 TWD 186.05 TWD 238.01 TWD 43
Asset-Based
NCAV (Graham) 31.64 TWD 42.40 TWD 63.29 TWD 50
Growth DCF
Growth DCF 137.09 TWD 224.19 TWD 374.24 TWD 80
Rev-Margin DCF 132.47 TWD 214.49 TWD 314.63 TWD 74
Economic Profit
Residual Income 80.13 TWD 98.40 TWD 267.06 TWD 76
ROIC Compounder 133.24 TWD 173.00 TWD 223.87 TWD 72
Growth Earnings
Growth-Adj P/E 137.46 TWD 196.37 TWD 255.28 TWD 68

Widest divergence: DCF Models (224.81 TWD) versus Asset-Based (42.40 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 73.9B TWD
Revenue growth (YoY) +17.5%
Net margin 15.1%
Return on equity 22.9%
Free cash flow 8.4B TWD FY2025
P/E ratio 41.5
More key figures
Operating margin 18.3%
EPS (TTM) 12.85 TWD
Dividend yield 1.8%
EPS growth (YoY) +22.0%
Net cash 9.3B TWD FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 81/100

Of which business quality 73 · Market factors (momentum, volatility) 88

Profitability 70
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 89
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

Advantech Co., Ltd. engages in the research and development, design, manufacturing, and marketing of embedded computing boards, industrial automation products, and applied and industrial computers. The company operates through Intelligent Systems; Embedded Design-In; IoT Automation; Intelligent Service; and Advantech Service Plus and Others segments.

Full company description

Advantech Co., Ltd. engages in the research and development, design, manufacturing, and marketing of embedded computing boards, industrial automation products, and applied and industrial computers. The company operates through Intelligent Systems; Embedded Design-In; IoT Automation; Intelligent Service; and Advantech Service Plus and Others segments. It offers AIOT software, distribution, and services, application focus embedded, arm-based computing platforms, computer on modules, digital signage players, edge AI and intelligence solutions, embedded PCs and single board computers, fan less embedded computers, gaming platform solutions, industrial display systems, industrial flash and memory, industrial motherboards and wireless solutions, and wireless e-paper display solutions. The company also provides automation controllers and I/O, certified solutions, embedded automation computers, gateways and remote terminal units, human machine interfaces, certified, class I division 2 and ATEX, panel PCs, power and energy, and remote I/O and wireless sensing modules, as well as web access software and edge solution ready platform. In addition, it offers data acquisition, box and modular IPC, transportation systems, and rackmount IPC; and industrial computer peripherals, GPU, and motherboards and slot SBC. Further, the company provides intelligent connectivity solutions; cloud, networking, and servers solutions; intelligent healthcare, mobile solutions, logistics, city services, and retail solutions; and industrial mounting. It also offers, edge computing and WISE-edge, embedded solutions and design-in, energy and utilities, iFactory, iHealthcare, industrial and edge servers, industrial equipment builder, intelligent transport, iRetail and iCity services; and design and manufacturing, industrial display, gaming, iLogistics, video solutions, and IoT edge intelligence solutions and services. Advantech Co., Ltd. was incorporated in 1981 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Advantech Co reported revenue of 70.9B TWD in FY2025 versus 58.6B TWD in FY2021, a compound +4.9%/yr. Reported net income was 10.6B TWD in FY2025, compounding +6.4%/yr from FY2021.

Growth Quality 83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
70.9B TWD
Latest YoY
+18.6%
Avg. growth/yr (3Y)
+1.0%
Avg. growth/yr (5Y)
+6.8%
Avg. growth/yr (25Y)
+9.9%
Revenue +4.9%/yr
FY21 58.6B TWD
FY22 68.7B TWD
FY23 64.6B TWD
FY24 59.8B TWD
FY25 70.9B TWD
Net income +6.4%/yr
FY21 8.3B TWD
FY22 10.8B TWD
FY23 10.8B TWD
FY24 9.0B TWD
FY25 10.6B TWD

2395 screens 68% overvalued. Compare with Compal Electronics, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Advantech Co Fair Value". https://www.fairvalue-calculator.com/stock/2395

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Computer Hardware · 217 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 81 · Top 25%
Fair Value upside −68% · Bottom 25%
Return on equity (TTM) 23% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 18% · Above median
Dividend yield (TTM) 1.8% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 41.5× · Pricier than median
P/B 8.42× · Pricier than 75% of peers
P/S (TTM) 6.26× · Pricier than 75% of peers
P/FCF 1.7× · Cheaper than median
EV/EBITDA 34.1× · Pricier than 75% of peers
PEG 2.72× · Pricier 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 0
FUTURE 88 · sector 55
PAST 92 · sector 26
HEALTH 100 · sector 97
DIVIDEND 35 · sector 42

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

Compare Advantech Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Advantech Co (2395) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 204.09 TWD versus a price of 634.00 TWD, about −68% (overvalued).
What is the fair value of 2395?
Our model-based fair value for Advantech Co is 204.09 TWD (as of Jul 16, 2026), built from audited fundamentals. The current price is 634.00 TWD.
What is the quality score of 2395?
Advantech Co has a Quality Score of 81/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Advantech Co (2395)?
Advantech Co reported trailing-twelve-month revenue of about 73.9B TWD (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 2395?
The net profit margin of Advantech Co is about 15.1%, meaning it keeps roughly 15.1% of revenue as net income. Based on the latest reported figures.
Does Advantech Co pay a dividend?
Advantech Co currently shows a dividend yield of about 1.76% relative to its recent price (as of Jul 16, 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.

14 days Pro free · no card

Track Advantech Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.