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ITE Tech. Inc (3014) Fair Value & Analysis

Technology · TW · Market cap 22.1B TWD

IT ITE Tech. Inc 3014 · TW
Price135.00 TWD
Fair Value165.45 TWD
Upside+22.6%
Quality76/100
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Healthy Growth
Highly profitable · 22.1% net margin
generates free cash flow
6.56% dividend yield
Ranks above peers (11/13)
Wide moat 84/100
Evidence: High Range 128.31 TWD – 213.02 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −6.9% over the past month.

A strong business, screening 23% undervalued on our models.

What matters now

  • Our model range runs from 128.31 TWD (bear) to 213.02 TWD (bull), base 165.45 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 76/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

184.00 TWD 52.79 TWD Fair Value 165.45 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 52.79 TWD – 184.00 TWD · fair‑value band 128.31 TWD – 213.02 TWD · the 135.00 TWD price screens below the 165.45 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.

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Analysis

ITE Tech. Inc (3014) currently trades at 135.00 TWD, while our model-based Fair Value estimate is 165.45 TWD, implying the stock looks roughly 22.6% undervalued today. The Quality Score stands at 76/100 (high quality), in the Technology 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, ITE Tech. Inc generated revenue of 7.0B TWD at a net margin of 22.1%. Revenue grew 0.7% year over year. It earns a return on equity of 25.7%. The balance sheet holds a net cash position of 2.8B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 128.31 TWD (bear case) to 213.02 TWD (bull case); at 135.00 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 13% below its 52-week high and 22% 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 23%, 3014 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 BearBaseBull Evidence
Highest evidence
Residual Income 60.29 TWD 80.26 TWD 351.70 TWD 76
Growth DCF 142.82 TWD 203.27 TWD 289.76 TWD 72
Growth-Adj P/E 114.70 TWD 163.86 TWD 213.02 TWD 68
All 24 models by family
DCF Models
FCF DCF 140.64 TWD 208.82 TWD 312.63 TWD 38
Owner Earnings 124.35 TWD 183.51 TWD 273.60 TWD 31
5Y Revenue Exit 105.84 TWD 150.36 TWD 206.01 TWD 39
5Y EBITDA Exit 124.90 TWD 185.96 TWD 256.33 TWD 41
5Y P/E Exit 140.54 TWD 215.18 TWD 293.02 TWD 38
10Y Revenue Exit 115.08 TWD 158.65 TWD 215.25 TWD 36
10Y EBITDA Exit 129.45 TWD 183.35 TWD 253.60 TWD 37
10Y P/E Exit 139.42 TWD 203.61 TWD 281.56 TWD 35
Earnings-Based
Graham-Dodd 62.75 TWD 193.62 TWD 257.28 TWD 54
Lynch FV 41.85 TWD 59.79 TWD 77.73 TWD 50
PEG = 1.0 41.85 TWD 59.79 TWD 77.73 TWD 46
EPV 102.51 TWD 116.70 TWD 129.11 TWD 59
Multiples
P/E Multiple 138.41 TWD 184.54 TWD 230.68 TWD 63
P/S Multiple 78.49 TWD 104.65 TWD 130.81 TWD 58
P/B Multiple 95.69 TWD 127.58 TWD 159.48 TWD 55
EV/EBIT 164.32 TWD 213.30 TWD 262.29 TWD 53
EV/EBITDA 128.78 TWD 165.91 TWD 203.05 TWD 54
EV/Revenue 90.63 TWD 122.03 TWD 153.42 TWD 43
Asset-Based
NCAV (Graham) 21.26 TWD 28.49 TWD 42.53 TWD 50
Growth DCF
Growth DCF 142.82 TWD 203.27 TWD 289.76 TWD 72
Rev-Margin DCF 105.84 TWD 151.39 TWD 204.01 TWD 67
Economic Profit
Residual Income 60.29 TWD 80.26 TWD 351.70 TWD 76
ROIC Compounder 107.53 TWD 128.87 TWD 152.08 TWD 67
Growth Earnings
Growth-Adj P/E 114.70 TWD 163.86 TWD 213.02 TWD 68

Widest divergence: DCF Models (183.51 TWD) versus Asset-Based (28.49 TWD). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 7.0B TWD
Revenue growth (YoY) +0.7%
Net margin 22.1%
Return on equity 25.7%
Free cash flow 1.8B TWD FY2025
P/E ratio 14.4
More key figures
Operating margin 28.7%
EPS (TTM) 9.26 TWD
Dividend yield 6.6%
Net cash 2.8B TWD FY2025

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

Quality Score breakdown

Overall quality 76/100

Of which business quality 76 · Market factors (momentum, volatility) 55

Profitability 78
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 39
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

ITE Tech. Inc engages in the design and development of PC and mobile phone controller chips in Taiwan, Asia, and internationally.

Full company description

ITE Tech. Inc engages in the design and development of PC and mobile phone controller chips in Taiwan, Asia, and internationally. The company provides computer chipsets, super input/output integrated circuits, highly integrated circuits, integrated circuits and system products for RISC computers or computers, integrated circuits and system products for data communication, integrated circuits and system products for digital televisions, integrated circuits and module products for flash memory control. It also offers integrated circuits and system products for multimedia applications, and integrated circuits and module products for analog circuit applications, as well as system and hardware/software integration services for the aforementioned products and import and export trade. ITE Tech. Inc was founded in 1996 and is headquartered in Hsinchu City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ITE Tech. Inc reported revenue of 6.9B TWD in FY2025 versus 7.2B TWD in FY2021, a compound −0.8%/yr. Reported net income was 1.5B TWD in FY2025, compounding −4.0%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
6.9B TWD
Latest YoY
+4.7%
Avg. growth/yr (3Y)
+10.1%
Avg. growth/yr (5Y)
+7.6%
Avg. growth/yr (23Y)
+6.4%
Revenue −0.8%/yr
FY21 7.2B TWD
FY22 5.2B TWD
FY23 6.3B TWD
FY24 6.6B TWD
FY25 6.9B TWD
Net income −4.0%/yr
FY21 1.8B TWD
FY22 1.2B TWD
FY23 1.6B TWD
FY24 1.6B TWD
FY25 1.5B TWD

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Cite: Fair Value Calculator (2026). "ITE Tech. Inc Fair Value". https://www.fairvalue-calculator.com/stock/3014

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 76 · Top 25%
Fair Value upside +23% · Top 25%
Return on equity (TTM) 26% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 22% · Top 25%
Operating margin (TTM) 29% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 6.6% · Top 25%

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 14.4× · Cheaper than 75% of peers
P/B 3.13× · Pricier than median
P/S (TTM) 3.17× · Cheaper than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 10.2× · Cheaper 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 63 · sector 0
FUTURE 4 · sector 60
PAST 100 · sector 24
HEALTH 0 · sector 97
DIVIDEND 100 · sector 22

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 ITE Tech. Inc (3014) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 165.45 TWD versus a price of 135.00 TWD, about +23% (undervalued).
What is the fair value of 3014?
Our model-based fair value for ITE Tech. Inc is 165.45 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 135.00 TWD.
What is the quality score of 3014?
ITE Tech. Inc has a Quality Score of 76/100. 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 ITE Tech. Inc (3014)?
ITE Tech. Inc reported trailing-twelve-month revenue of about 7.0B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3014?
The net profit margin of ITE Tech. Inc is about 22.1%, meaning it keeps roughly 22.1% of revenue as net income. Based on the latest reported figures.
Does ITE Tech. Inc pay a dividend?
ITE Tech. Inc currently shows a dividend yield of about 6.09% 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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