EN DE

E-Lead Electronic Co (2497) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 7.1B TWD

EL E-Lead Electronic Co 2497 · TW
Price48.25 TWD
Fair Value48.28 TWD
Upside+0.1%
Quality72/100
Watch E-Lead Electronic Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 6.5% net margin
Low debt · generates free cash flow
3.17% dividend yield
Ranks above peers (12/15)
Moderate moat 46/100
Evidence: High Range 36.21 TWD – 60.35 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −20.6% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 36.21 TWD (bear) to 60.35 TWD (bull), base 48.28 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 72/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

115.77 TWD 25.27 TWD Fair Value 48.28 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 25.27 TWD – 115.77 TWD · fair‑value band 36.21 TWD – 60.35 TWD · the 48.25 TWD price screens below the 48.28 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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

Analysis

E-Lead Electronic Co (2497) currently trades at 48.25 TWD, while our model-based Fair Value estimate is 48.28 TWD, implying the stock looks roughly 0.1% fairly valued today. The Quality Score stands at 72/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, E-Lead Electronic Co generated revenue of 4.5B TWD at a net margin of 6.5%. Revenue grew 5.1% year over year. It earns a return on equity of 10.3%. The balance sheet holds a net cash position of 19.7M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 36.21 TWD (bear case) to 60.35 TWD (bull case); at 48.25 TWD, the current price sits within 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 30% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 0%, 2497 screens cheaper 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 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. Evidence
Highest evidence
Growth DCF 66.61 TWD 102.49 TWD 156.65 TWD 80
Residual Income 16.49 TWD 19.36 TWD 37.84 TWD 76
Rev-Margin DCF 44.33 TWD 64.64 TWD 89.25 TWD 74
All 24 models by family
DCF Models
FCF DCF 66.28 TWD 103.55 TWD 160.83 TWD 38
Owner Earnings 35.23 TWD 53.67 TWD 82.01 TWD 31
5Y Revenue Exit 44.33 TWD 64.19 TWD 89.26 TWD 39
5Y EBITDA Exit 50.98 TWD 77.06 TWD 107.70 TWD 41
5Y P/E Exit 47.54 TWD 70.39 TWD 94.68 TWD 38
10Y Revenue Exit 50.91 TWD 71.20 TWD 98.46 TWD 36
10Y EBITDA Exit 55.98 TWD 80.10 TWD 112.67 TWD 37
10Y P/E Exit 53.80 TWD 75.49 TWD 102.63 TWD 35
Earnings-Based
Graham-Dodd 14.92 TWD 54.55 TWD 73.62 TWD 54
Lynch FV 13.00 TWD 18.57 TWD 24.14 TWD 50
PEG = 1.0 13.00 TWD 18.57 TWD 24.14 TWD 46
EPV 28.85 TWD 32.64 TWD 35.91 TWD 59
Multiples
P/E Multiple 36.21 TWD 48.28 TWD 60.35 TWD 63
P/S Multiple 27.98 TWD 37.31 TWD 46.64 TWD 58
P/B Multiple 27.98 TWD 37.31 TWD 46.64 TWD 55
EV/EBIT 51.03 TWD 66.43 TWD 81.83 TWD 53
EV/EBITDA 46.93 TWD 60.97 TWD 75.01 TWD 54
EV/Revenue 33.49 TWD 45.77 TWD 58.06 TWD 43
Asset-Based
NCAV (Graham) 9.00 TWD 12.06 TWD 18.00 TWD 50
Growth DCF
Growth DCF 66.61 TWD 102.49 TWD 156.65 TWD 80
Rev-Margin DCF 44.33 TWD 64.64 TWD 89.25 TWD 74
Economic Profit
Residual Income 16.49 TWD 19.36 TWD 37.84 TWD 76
ROIC Compounder 31.05 TWD 38.51 TWD 47.59 TWD 72
Growth Earnings
Growth-Adj P/E 25.16 TWD 35.95 TWD 46.73 TWD 68

Widest divergence: DCF Models (71.20 TWD) versus Asset-Based (12.06 TWD). Highest evidence: Growth DCF (80).

Notify me when 2497 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 4.5B TWD
Revenue growth (YoY) +5.1%
Net margin 6.5%
Return on equity 10.3%
Free cash flow 713M TWD FY2025
P/E ratio 23.1
More key figures
Operating margin 8.1%
EPS (TTM) 2.36 TWD
Dividend yield 3.2%
EPS growth (YoY) +15.7%
Net cash 19.7M TWD FY2025

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

Quality Score breakdown

Overall quality 72/100

Of which business quality 72 · Market factors (momentum, volatility) 52

Profitability 52
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 93
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

E-Lead Electronic Co., Ltd. designs and manufactures electronics devices for automotive industry in Taiwan and internationally.

Full company description

E-Lead Electronic Co., Ltd. designs and manufactures electronics devices for automotive industry in Taiwan and internationally. The company provides HUD heads-up display, passenger HUD, windshield HUD, combined HUD, windshield reflection HUD, virtual intelligent holographic assistant, and digital dashboard; driving safety protection products comprising driving assistance system, 2D/3D AVM, anti-collision millimeter, car air purifier, front and rear footage, and blind spot detection products. It also offers USB dual charger, electronic rearview mirror driving recorder, digital virtual 3D rearview mirror. In addition, the company provides LCD touch screen and smartphone linked video player. E-Lead Electronic Co., Ltd. was founded in 1983 and is based in Changhua, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

E-Lead Electronic Co reported revenue of 4.5B TWD in FY2025 versus 2.5B TWD in FY2021, a compound +15.9%/yr. Reported net income was 287M TWD in FY2025, compounding +31.3%/yr from FY2021.

Growth Quality 84/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
4.5B TWD
Latest YoY
−3.4%
Avg. 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.
+7.8%
Avg. 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.
+22.3%
Avg. 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.
+6.8%
Revenue +15.9%/yr
FY21 2.5B TWD
FY22 3.6B TWD
FY23 3.8B TWD
FY24 4.6B TWD
FY25 4.5B TWD
Net income +31.3%/yr
FY21 96.5M TWD
FY22 347M TWD
FY23 233M TWD
FY24 380M TWD
FY25 287M TWD
Character of growth · EPS growth decomposed (2014-2025) +1.4 % p.a.
Revenue per share +2.7 pp

of which total revenue +3.2 pp · buybacks/dilution −0.5 pp

EBIT margin +1.1 pp
Tax rate +0.0 pp
Residual (interest, one-offs) −2.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch 2497: get an alert when its fair value changes →

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). "E-Lead Electronic Co Fair Value". https://www.fairvalue-calculator.com/stock/2497

Peer Group

Auto Parts · 641 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 72 · Top 25%
Fair Value upside +0% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 5% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 5% · Above median
Dividend yield (TTM) 3.2% · Above median
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 23.1× · Cheaper than median
P/B 3.02× · Pricier than median
P/S (TTM) 1.58× · Pricier than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 10.5× · Pricier than median
PEG 0.84× · Cheaper than median

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 33 · sector 16
FUTURE 26 · sector 24
PAST 41 · sector 26
HEALTH 97 · sector 95
DIVIDEND 63 · sector 30

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

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

Compare E-Lead Electronic Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical 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 E-Lead Electronic Co (2497) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 48.28 TWD versus a price of 48.25 TWD, about +0% (fairly valued).
What is the fair value of 2497?
Our model-based fair value for E-Lead Electronic Co is 48.28 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 48.25 TWD.
What is the quality score of 2497?
E-Lead Electronic Co has a Quality Score of 72/100. 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 E-Lead Electronic Co (2497)?
E-Lead Electronic Co reported trailing-twelve-month revenue of about 4.5B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 2497?
The net profit margin of E-Lead Electronic Co is about 6.5%, meaning it keeps roughly 6.5% of revenue as net income. Based on the latest reported figures.
Does E-Lead Electronic Co pay a dividend?
E-Lead Electronic Co currently shows a dividend yield of about 3.17% 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.

14 days Pro free · no card

Track E-Lead Electronic 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.