Senao International Co Ltd (2450) fair value: what the stock is really worth
We calculate from audited financials what Senao International Co Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.
Compare price with fair valuebelow fair value = cheap, above = expensive
Check the quality50 and up solid, 75 and up strong
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A solid business, currently priced close to our fair value of 28.99 TWD.
As of Aug 13, 2026, the fair value of Senao International Co Ltd is 28.99 TWD per share against a price of 28.25 TWD, so the fair value sits 3% above the price. A model estimate from reported figures, not an analyst target.
✓Healthy Growth (revenue 5y +4.2 %/yr)
!Thin margins · 1.2% net margin
✓Low debt · generates free cash flow
·5.49% dividend yield
!Mixed vs. peers (8/14)
!Narrow moat 27/100
!Evidence only low, so the estimate is less certain
!Weak on past: 26 out of 100
Evidence: LowRange 21.25 TWD to 36.64 TWD
Fair value as of: Aug 13, 2026
From 21 valuation models · updated 27 days ago
Fair value updated Aug 13, 2026, revised from 29.31 TWD to 28.99 TWD (−1.1%) since Jul 23, 2026. Share price −0.4% over the past month.
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Senao International Co Ltd (2450) currently trades at 28.25 TWD, while our model-based Fair Value estimate is 28.99 TWD, implying the stock looks roughly 2.6% fairly valued today. The Quality Score stands at 62/100 (solid quality), in the Technology sector. Bull case: the Multiples group reads highest at a median of 29.31 TWD per share, and 10 of the 21 models we run sit above the 28.25 TWD price. Bear case: the Earnings-Based group reads lowest at 15.52 TWD, and 11 of the 21 models stay below the price. Evidence for this calculation is low.
Over the trailing twelve months, Senao International Co Ltd generated revenue of 34.3B TWD at a net margin of 1.2%. Revenue grew 15.1% year over year. It earns a return on equity of 6.4%. The balance sheet holds a net cash position of 723M TWD. Fundamentals as of Aug 13, 2026
Scenario range: 21.25 TWD (bear) to 36.64 TWD (bull), the price of 28.25 TWD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 12% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −16% fair-value upside, at 3%, 2450 screens cheaper than that median.
Fair Value models
Based on fiscal year 2025 figures (about 8 months old). Earnings retained since then (0.1178 TWD per share) are deliberately not added.
Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →
ModelBear ⓘ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
Highest evidence
FCF DCF best evidence17.03 TWD20.92 TWD27.96 TWD82
Growth DCF17.43 TWD21.19 TWD27.47 TWD80
Owner Earnings33.77 TWD43.27 TWD60.45 TWD77
All 21 models by family
DCF Models
FCF DCF best evidence17.03 TWD20.92 TWD27.96 TWD82
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Key figures & financial health
P/E ratio16.4
P/S ratio0.22P/E × margin
EPS (TTM)1.72 TWDprice ÷ EPS = P/E 16.4
Dividend yield5.5%payout 90.1%
Net margin1.3%FY2025
Return on equity6.4%TTM
More key figures
Profitability
Return on assets (EBIT)3.8%avg 5y
Operating margin0.7%TTM
Growth
Revenue (TTM)34.3B TWDTTM
Revenue growth (YoY)+15.1%3y avg +2.1%
EPS growth (YoY)−44.1%
Balance sheet & cash flow
Free cash flow311M TWDFY2025
Net cash723M TWDFY2025
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Overall quality62/100
Of which business quality 63
· Market factors (momentum, volatility) 48
Profitability48
Margins and returns on capital today
Quality Growth40
Are margins and returns improving?
Cashflow34
Earnings quality: real cash, not paper profit
Fin. Strength89
Balance sheet, leverage, solvency risk
Investment98
Disciplined investing over empire-building
Low Volatility100
Calm price path (market factor)
Momentum34
Price trend over the last 3–12 months (market factor)
52W Momentum14
Distance to the 52-week high (market factor)
Net Issuance82
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Senao International Co.,Ltd. sells and distributes mobile handheld devices in China. The company also sells mobile phones, information appliance, home appliances, peripheral products, health care, information and communication technologies products, as well as provides the related repairs and maintenance and liability insurance agency services.
Full company description
Senao International Co.,Ltd. sells and distributes mobile handheld devices in China. The company also sells mobile phones, information appliance, home appliances, peripheral products, health care, information and communication technologies products, as well as provides the related repairs and maintenance and liability insurance agency services. The company was formerly known as Senao Business Development Company Limited and changed its name to Senao International Co., Ltd. in August 1994. Senao International Co., Ltd. was incorporated in 1979 and is based in New Taipei City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Senao International Co Ltd reported revenue of 33.1B TWD in FY2025 versus 31.0B TWD in FY2021, a compound +1.6%/yr. Reported net income was 445M TWD in FY2025, compounding −7.1%/yr from FY2021.
Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
33.1B TWD
Latest YoY
+2.5%
Avg. revenue growth/yr (3Y) ⓘ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.
+2.1%
Avg. revenue growth/yr (5Y) ⓘ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.
+4.2%
Avg. revenue growth/yr (23Y) ⓘ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.
+4.3%
Value creation/yr (5Y, in TWD) ⓘEarnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. 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.
+5.9%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+0.4%
Dividend yield5.5%
Trend ⓘ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.5Y 0.4% vs 10Y −5.9%, picking up
Operating margin (EBIT) ⓘ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.2.0% (2020) → 1.0% (2025) · steady
Worst earnings drop63% (2014) · in TWD
⚠ Revenue per share shrinking 2.4%/yr over ~10Y (margins eroding too) ⓘ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.
Revenue+1.6%/yr
FY2131.0B TWD
FY2231.2B TWD
FY2331.3B TWD
FY2432.3B TWD
FY2533.1B TWD
Net income−7.1%/yr
FY21597M TWD
FY22658M TWD
FY23706M TWD
FY24478M TWD
FY25445M TWD
Character of growth · EPS growth decomposed (2014-2025)−4.2 % p.a.
Revenue per share−1.7 %
of which total revenue −1.5 % · buybacks/dilution −0.2 %
EBIT margin−2.7 %
Tax rate−0.1 %
Residual (interest, one-offs)+0.2 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
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). "Senao International Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2450
Peer Group
Electronics & Computer Distribution · 155 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.
Valuation
Quality Score62 · Top 25%
Fair Value upside+3% · Above median
Profitability
Return on equity (TTM)6% · Below median
Return on assets2% · Below median
Net margin (TTM)1% · Below median
Operating margin (TTM)1% · Bottom 25%
Growth and dividend
Revenue growth15% · Above median
Dividend yield (TTM)5.5% · Top 25%
Balance sheet
Debt / equity0.08× · Above median
Valuation Multiples vs Electronics & Computer Distribution median · lower = cheaper
P/E (TTM)16.4× · Cheaper than median
P/B1.15× · Cheaper than median
P/S (TTM)0.22× · Cheaper than median
P/FCF0.8× · Cheaper than median
EV/EBITDA15.3× · Priciest 25%
What the price implies (reverse DCF)
The inverse question: what free-cash-flow growth must Senao International Co Ltd deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.
Implied FCF growth, 10 years+11.6 % per year
Achieved revenue growth, 5 years+4.2 % p.a.
Sector median revenue growth+2.7 %
FCF yield on price4.25 %
Discount rate (WACC) in the models11.8 %
The price demands an acceleration versus past growth: a high bar the company still has to clear. Ranking of the largest stocks →
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.
This stockSector peers
VALUE37· sector 32
FUTURE76· sector 62
PAST26· sector 35
HEALTH96· sector 98
DIVIDEND100· sector 54
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
Similar stocks
10 more Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
Is Senao International Co Ltd (2450) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 28.99 TWD versus a price of 28.25 TWD, about +3% upside (fairly valued).
What is the fair value of 2450?
Our model-based fair value for Senao International Co Ltd is 28.99 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 28.25 TWD.
What is the quality score of 2450?
Senao International Co Ltd has a Quality Score of 62/100. 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 Senao International Co Ltd (2450)?
Our model-based price target is the fair value of 28.99 TWD (as of Aug 13, 2026) from 21 valuation models. Cautious scenario 21.25 TWD, optimistic scenario 36.64 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Senao International Co Ltd stock forecast for 2026?
Our models put fair value at 28.99 TWD, about +3% upside versus a price of 28.25 TWD (fairly valued). Cautious scenario 21.25 TWD, optimistic scenario 36.64 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Senao International Co Ltd (2450)?
Senao International Co Ltd reported trailing-twelve-month revenue of about 34.3B TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2450?
The net profit margin of Senao International Co Ltd is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.
Does Senao International Co Ltd pay a dividend?
Senao International Co Ltd currently shows a dividend yield of about 5.49% relative to its recent price (as of Aug 13, 2026).
What growth is priced into Senao International Co Ltd (2450)?
For today's price to be fair in a discounted-cash-flow model, Senao International Co Ltd would have to grow free cash flow by +11.6 % per year for ten years (discount rate 11.8 %, then 2 % perpetual growth). Over the last 5 years revenue grew +4.2 % per year. As of Aug 13, 2026.
What discount rate (WACC) does the fair value of 2450 use?
Our models discount Senao International Co Ltd at 11.8 %: a base by market capitalisation (micro), damped by beta 0.20, country premium for Taiwan. The same rate applies in all 26 models.
What is the intrinsic value of Senao International Co Ltd (2450)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Senao International Co Ltd it is 28.99 TWD per share (as of Aug 13, 2026), against a price of 28.25 TWD. It is the blended result of 21 valuation models (cash flow, earnings, asset, dividend).
Is Senao International Co Ltd stock overvalued or undervalued in 2026?
As of Aug 13, 2026, 2450 trades below its calculated fair value: price 28.25 TWD, fair value 28.99 TWD, a gap of about +3% (fairly valued). 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 2450?
No. The price is what the market pays today (28.25 TWD); the fair value is what the company's own numbers justify (28.99 TWD). For Senao International Co Ltd the two are 0.7400 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Senao International Co Ltd worth?
The market values Senao International Co Ltd at about 7.3B TWD (market capitalisation, as of Aug 13, 2026). Per share that is 28.25 TWD; our models calculate a fair value of 28.99 TWD per share.
What do the bullish and bearish scenarios say about 2450?
Our models span a range for Senao International Co Ltd: cautious scenario 21.25 TWD, base 28.99 TWD, optimistic 36.64 TWD per share (as of Aug 13, 2026, price 28.25 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2450?
Senao International Co Ltd trades at a price-to-earnings ratio of 16.4 (as of Aug 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 28.99 TWD is built from several models across several years. Other multiples: P/B 1.2, P/S 0.2, EV/EBITDA 15.3.
How solid is the balance sheet of Senao International Co Ltd (2450)?
Balance-sheet figures for Senao International Co Ltd (as of Aug 13, 2026): return on equity 6.4%, debt of 0.08 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 2450 from its 52-week high?
Senao International Co Ltd trades at 28.25 TWD, about 12% below its 52-week high of 32.00 TWD (as of Aug 13, 2026). Distance from the high says nothing about value: that is what the fair value of 28.99 TWD is for.
Which stocks are comparable to Senao International Co Ltd?
From the same area (Technology) we also value TD SYNNEX Corporation, Unisplendour Corporation, Rexel S.A, Arrow 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 Senao International Co Ltd stock attractive at the current price?
The data as of Aug 13, 2026: price 28.25 TWD, calculated fair value 28.99 TWD (+3%), Quality Score 62/100, from 21 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 2450 calculated?
We run Senao International Co Ltd through 21 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 28.99 TWD, with the spread shown as a cautious and an optimistic scenario.
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