Chenming Mold Industrial Corp (3013) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Chenming Mold Industrial Corp stock TWD 61.16, price TWD 68.90, that is 11.2% below the price, quality 56 out of 100. Rating: overvalued. Calculated from audited financials with 25 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 7, 2026.
How to read this chart
60‑month range 12.06 TWD – 169.00 TWD · fair‑value band 33.21 TWD – 96.73 TWD · the 68.90 TWD price screens above the 61.16 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Chenming Electronic Tech. Corp., an OEM/ODM manufacturer, engages in the research and development, manufacturing, and sale of computer and server cases, server chassis, mobile device components, and molds in Taiwan, China, the United States, and internationally.
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It also offers desktop, server, and notebook subsystems; and clone server, metal parts, and power supply and heat sink units. The company was formerly known as Chenming Mold Ind. Corp. and changed its name to Chenming Electronic Technology Corporation in January 2020. Chenming Electronic Tech.
Corp. was founded in 1970 and is headquartered in Taipei, Taiwan.
Stock analysis
Chenming Mold Industrial Corp (3013) currently trades at 68.90 TWD, while our model-based Fair Value estimate is 61.16 TWD, 11% 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 110.88 TWD per share, and 9 of the 25 models we run sit above the 68.90 TWD price.
Bear case: the Dividend Discount group reads lowest at 6.96 TWD, and 16 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: 33.21 TWD (bear) to 96.73 TWD (bull), the price of 68.90 TWD sits inside 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 56/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Chenming Mold Industrial Corp reported revenue of 10.6B TWD in FY2025 versus 5.3B TWD in FY2021, a compound +18.9%/yr. Reported net income was 827M TWD in FY2025.
Key figures
Market cap 14.7B TWD (≈ $449M) Small · P/E ratio 13.3 · P/S ratio 1.26 · EPS (TTM) 5.18 TWD · Dividend yield 0.6% · Net margin 9.5% · Return on equity 21.9% · Return on assets (EBIT) 5.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (low confidence).
What moves the price
The share trades about 51% 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 −6% fair-value upside, at −11%, 3013 screens richer than that median.
Fair Value models
Bear33.21 TWDFair Value 61.16 TWDBull96.73 TWD
Price 68.90 TWD · Downside -11.2%
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 (4.10 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
+12.2%
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.
+17.4%
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.
+11.5%
Start year 2020 (pandemic). Over 10 years: +12.5% a year
Revenue growth 23 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.
+2.3%
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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.
+65.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+64.7%
Dividend (yield on the price)0.6%
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.46.0% vs 18.7%, picking up
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.2% → 11%
2025 sits 214% 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)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+36.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +34.6% a year for the price.
Compare Chenming Mold Industrial Corp with another stock
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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.Computer Hardware · 213 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside−11.2% · Above median
Profitability
Return on equity (12 months)21.9% · Top 25%
Return on assets8.6% · Top 25%
Net margin (12 months)9.5% · Above median
Operating margin (12 months)13.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)22.5% · Above median
Dividend yield (12 months)0.6% · Bottom 25%
Balance sheet
Debt / equity0.12× · Above median
Valuation Multiplesvs Computer Hardware median · lower = cheaper
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.
Is Chenming Mold Industrial Corp (3013) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 61.16 TWD versus a price of 68.90 TWD, about 11% lower (overvalued).
What is the fair value of 3013?
Our model-based fair value for Chenming Mold Industrial Corp is 61.16 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 68.90 TWD.
What is the quality score of 3013?
Chenming Mold Industrial Corp has a Quality Score of 56/100. 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 Chenming Mold Industrial Corp (3013)?
Our model-based price target is the fair value of 61.16 TWD (as of Nov 7, 2026) from 25 valuation models. Cautious scenario 33.21 TWD, optimistic scenario 96.73 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Chenming Mold Industrial Corp stock forecast for 2026?
Our models put fair value at 61.16 TWD, about 11% lower versus a price of 68.90 TWD (overvalued). Cautious scenario 33.21 TWD, optimistic scenario 96.73 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Chenming Mold Industrial Corp (3013)?
Chenming Mold Industrial Corp reported trailing-twelve-month revenue of about 11.7B TWD (latest available figure, as of Nov 7, 2026).
Does Chenming Mold Industrial Corp pay a dividend?
Chenming Mold Industrial Corp currently shows a dividend yield of 0.56% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Chenming Mold Industrial Corp (3013) and when is the ex-dividend date?
Chenming Mold Industrial Corp pays a dividend of 0.385 TWD per share a year, a dividend yield of 0.6%. The last ex-dividend date was Jul 14, 2026. The payout ratio is 7.4% of earnings. Free cash flow covers the dividend 2.90 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Chenming Mold Industrial Corp (3013)?
For today's price to be fair in a discounted-cash-flow model, Chenming Mold Industrial Corp would have to grow free cash flow by +36.7 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.5 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 3013 use?
Our models discount Chenming Mold Industrial Corp at 11.9 %: a base by market capitalisation (small), damped by beta 1.05, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Chenming Mold Industrial Corp that is +36.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Chenming Mold Industrial Corp (3013) delivered so far?
Over the past 5 years revenue at Chenming Mold Industrial Corp grew +11.5 % a year. The price currently implies free-cash-flow growth of +36.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Chenming Mold Industrial Corp (3013) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Chenming Mold Industrial Corp (+36.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Chenming Mold Industrial Corp (3013)?
The free-cash-flow yield on the price is 1.65 %: that much free cash flow Chenming Mold Industrial Corp produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Chenming Mold Industrial Corp (3013)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chenming Mold Industrial Corp it is 61.16 TWD per share (as of Nov 7, 2026), against a price of 68.90 TWD. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Chenming Mold Industrial Corp stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 3013 trades above its calculated fair value: price 68.90 TWD, fair value 61.16 TWD, a gap of about −11% (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 3013?
No. The price is what the market pays today (68.90 TWD); the fair value is what the company's own numbers justify (61.16 TWD). For Chenming Mold Industrial Corp the two are 7.74 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Chenming Mold Industrial Corp worth?
The market values Chenming Mold Industrial Corp at about 14.7B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 68.90 TWD; our models calculate a fair value of 61.16 TWD per share.
What do the bullish and bearish scenarios say about 3013?
Our models span a range for Chenming Mold Industrial Corp: cautious scenario 33.21 TWD, base 61.16 TWD, optimistic 96.73 TWD per share (as of Nov 7, 2026, price 68.90 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3013?
Chenming Mold Industrial Corp trades at a price-to-earnings ratio of 13.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 61.16 TWD is built from several models across several years. Other multiples: P/B 2.8, P/S 1.3, EV/EBITDA 8.2.
How solid is the balance sheet of Chenming Mold Industrial Corp (3013)?
Balance-sheet figures for Chenming Mold Industrial Corp (as of Nov 7, 2026): return on equity 21.9%, debt of 0.12 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 3013 from its 52-week high?
Chenming Mold Industrial Corp trades at 68.90 TWD, about 51% below its 52-week high of 140.00 TWD and at the low of 68.90 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 61.16 TWD is for.
Which stocks are comparable to Chenming Mold Industrial Corp?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, 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 Chenming Mold Industrial Corp stock attractive at the current price?
The data as of Nov 7, 2026: price 68.90 TWD, calculated fair value 61.16 TWD (−11%), Quality Score 56/100, from 25 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 3013 calculated?
We run Chenming Mold Industrial Corp through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 61.16 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. Chenming Mold Industrial Corp 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 Chenming Mold Industrial Corp (3013)?
The closing price on Nov 6, 2026 was 68.90 TWD. Our model-based fair value is 61.16 TWD, about 11% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chenming Mold Industrial Corp right now?
The model range is unusually wide (33.21 TWD to 96.73 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Chenming Mold Industrial Corp (3013) come from?
Earnings per share at Chenming Mold Industrial Corp grew +17.5 % a year from 2015 to 2025. Broken into its drivers: revenue per share +8.8 %, EBIT margin +8.8 %, tax rate −0.1 %, residual (interest, one-offs) −0.7 %. 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 Chenming Mold Industrial Corp
How large is the market capitalisation of Chenming Mold Industrial Corp (3013)?
The market capitalisation of Chenming Mold Industrial Corp is 14.7B TWD (≈ $449M). 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 Chenming Mold Industrial Corp (3013)?
The price-to-sales ratio of Chenming Mold Industrial Corp is 1.26 (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 Chenming Mold Industrial Corp (3013)?
Earnings per share at Chenming Mold Industrial Corp are 5.18 TWD (price ÷ EPS = P/E 13.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Chenming Mold Industrial Corp (3013)?
The dividend yield of Chenming Mold Industrial Corp is 0.6% (payout 7.4%). 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 Chenming Mold Industrial Corp (3013)?
The net margin of Chenming Mold Industrial Corp is 9.5% (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 Chenming Mold Industrial Corp (3013)?
The return on equity (ROE) of Chenming Mold Industrial Corp is 21.9% (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 Chenming Mold Industrial Corp (3013)?
On an EBIT basis the return on assets of Chenming Mold Industrial Corp is 5.5% (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 Chenming Mold Industrial Corp (3013)?
The operating margin of Chenming Mold Industrial Corp is 13.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Chenming Mold Industrial Corp (3013)?
Revenue at Chenming Mold Industrial Corp is growing +22.5% versus a year earlier (3y avg +17.4%). 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 Chenming Mold Industrial Corp (3013)?
Earnings per share at Chenming Mold Industrial Corp are growing +159% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Chenming Mold Industrial Corp (3013) hold?
Chenming Mold Industrial Corp holds more cash than debt, 360M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 7, 2026