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Tyntek Corporation (2426) Fair Value & Analysis

Technology · TW · Market cap 17.7B TWD

TC Tyntek Corporation 2426 · TW
Price67.80 TWD
Fair Value22.10 TWD
Upside-67.4%
Quality49/100
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Weak Growth
Loss-making · -2.5% net margin
Low debt · generates free cash flow
0.18% dividend yield
Trails peers (4/14)
Narrow moat 12/100
Evidence: Medium Range 16.82 TWD – 27.40 TWD Share as image

Fair value as of: Jul 23, 2026

From 11 valuation models · updated 18 days ago

Fair value updated Jul 23, 2026, revised from 11.05 TWD to 22.10 TWD (+100.0%) since Jul 7, 2026. Share price −7.8% over the past month.

Below-average quality, and screening another 67% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (27.40 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

94.70 TWD 13.05 TWD Fair Value 22.10 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 13.05 TWD – 94.70 TWD · fair‑value band 16.82 TWD – 27.40 TWD · the 67.80 TWD price screens above the 22.10 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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Analysis

Tyntek Corporation (2426) currently trades at 67.80 TWD, while our model-based Fair Value estimate is 22.10 TWD, implying the stock looks roughly 67.4% overvalued today. The Quality Score stands at 49/100 (below-average 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: medium).

Over the trailing twelve months, Tyntek Corporation generated revenue of 2.3B TWD at a net margin of -2.5%. Revenue declined 9.9% year over year. It earns a return on equity of -1.5%. The balance sheet holds a net cash position of 142M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 16.82 TWD (bear case) to 27.40 TWD (bull case); at 67.80 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 24% below its 52-week high and 364% 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 -67%, 2426 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 6.02 TWD 7.70 TWD 10.59 TWD 80
Rev-Margin DCF 5.43 TWD 7.35 TWD 9.72 TWD 74
EV/EBITDA 9.32 TWD 11.97 TWD 14.61 TWD 54
All 11 models by family
DCF Models
FCF DCF 5.81 TWD 7.55 TWD 10.76 TWD 38
Owner Earnings 3.28 TWD 4.03 TWD 5.41 TWD 31
5Y Revenue Exit 5.43 TWD 7.25 TWD 9.90 TWD 39
5Y EBITDA Exit 7.27 TWD 10.44 TWD 14.63 TWD 41
10Y Revenue Exit 5.43 TWD 6.81 TWD 8.28 TWD 36
10Y EBITDA Exit 6.66 TWD 8.78 TWD 11.06 TWD 37
Multiples
EV/EBITDA 9.32 TWD 11.97 TWD 14.61 TWD 54
EV/Revenue 5.53 TWD 7.31 TWD 9.08 TWD 43
Asset-Based
NCAV (Graham) 6.27 TWD 8.40 TWD 12.54 TWD 50
Growth DCF
Growth DCF 6.02 TWD 7.70 TWD 10.59 TWD 80
Rev-Margin DCF 5.43 TWD 7.35 TWD 9.72 TWD 74

Widest divergence: Asset-Based (8.40 TWD) versus DCF Models (7.25 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.3B TWD
Revenue growth (YoY) -9.9%
Net margin -2.5%
Return on equity -1.5%
Free cash flow 137M TWD FY2025
Operating margin 3.1%
More key figures
EPS (TTM) -0.2500 TWD
Dividend yield 0.2%
EPS growth (YoY) -55.9%
Net cash 142M TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 50 · Market factors (momentum, volatility) 67

Profitability 13
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 31
Calm price path (market factor)
Momentum 82
Price trend over the last 3–12 months (market factor)
52W Momentum 82
Distance to the 52-week high (market factor)
Net Issuance 73
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

Tyntek Corporation provides silicon and compound semiconductor components in Taiwan, Asia, the Americas, Europe, and Australia. The company offers visible LED, infrared LED, InGaAs/InP, and GaP/GaP regulator chip products.

Full company description

Tyntek Corporation provides silicon and compound semiconductor components in Taiwan, Asia, the Americas, Europe, and Australia. The company offers visible LED, infrared LED, InGaAs/InP, and GaP/GaP regulator chip products. It also provides SI products, such as Si photodarlington, submount, resistor, zener diode, ambient sensor, phototransistor, photo-diode, Traic, MEMS, and photovoltaic generator products. In addition, the company offers optical fiber communication device products, including InP-based consisting of InGaAs/InP PD and LED chips. Tyntek Corporation was incorporated in 1987 and is based in Chu-nan, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tyntek Corporation reported revenue of 2.3B TWD in FY2025 versus 3.2B TWD in FY2021, a compound −7.3%/yr. Reported net income was −76.2M TWD in FY2025.

Growth Quality 21/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.3B TWD
Latest YoY
−2.4%
Avg. growth/yr (3Y)
−1.2%
Avg. growth/yr (5Y)
−0.8%
Avg. growth/yr (23Y)
+1.7%
Revenue −7.3%/yr
FY21 3.2B TWD
FY22 2.4B TWD
FY23 2.3B TWD
FY24 2.4B TWD
FY25 2.3B TWD
Net income
FY21 725M TWD
FY22 −184M TWD
FY23 −132M TWD
FY24 62.9M TWD
FY25 −76.2M TWD

2426 screens 67% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Tyntek Corporation Fair Value". https://www.fairvalue-calculator.com/stock/2426

Peer Group

Semiconductors · 319 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 49 · Below median
Fair Value upside −67% · Below median
Return on assets -0% · Below median
Net margin (TTM) -3% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/B 0.15× · Cheaper than 75% of peers
P/S (TTM) 0.24× · Cheaper than 75% of peers
P/FCF 4.0× · Pricier than median
EV/EBITDA 0.5× · Cheaper than 75% of peers
PEG 23.69× · 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 0 · sector 60
PAST 0 · sector 24
HEALTH 100 · sector 97
DIVIDEND 4 · sector 22

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Tyntek Corporation (2426) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 22.10 TWD versus a price of 67.80 TWD, about −67% (overvalued).
What is the fair value of 2426?
Our model-based fair value for Tyntek Corporation is 22.10 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 67.80 TWD.
What is the quality score of 2426?
Tyntek Corporation has a Quality Score of 49/100. 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 Tyntek Corporation (2426)?
Tyntek Corporation reported trailing-twelve-month revenue of about 2.3B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 2426?
The net profit margin of Tyntek Corporation is about -2.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Tyntek Corporation pay a dividend?
Tyntek Corporation currently shows a dividend yield of about 0.15% relative to its recent price (as of Jul 23, 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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