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EDIMAX Technology Co (3047) Fair Value & Analysis

Technology · TW · Market cap 3.4B TWD

ET EDIMAX Technology Co 3047 · TW
Price14.60 TWD
Fair Value7.50 TWD
Upside-48.6%
Quality42/100
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Weak Growth
Loss-making · -8.5% net margin
Moderate debt · negative free cash flow
Trails peers (1/11)
Narrow moat 12/100
Evidence: Low Range 5.59 TWD – 11.19 TWD Share as image

Fair value as of: Jul 23, 2026

From 1 valuation models · updated 18 days ago

Share price −12.3% over the past month.

Below-average quality, and screening another 49% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (11.19 TWD). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (5.59 TWD to 11.19 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

46.45 TWD 9.05 TWD Fair Value 7.50 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 9.05 TWD – 46.45 TWD · fair‑value band 5.59 TWD – 11.19 TWD · the 14.60 TWD price screens above the 7.50 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

EDIMAX Technology Co (3047) currently trades at 14.60 TWD, while our model-based Fair Value estimate is 7.50 TWD, implying the stock looks roughly 48.6% overvalued today. The Quality Score stands at 42/100 (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: low).

Over the trailing twelve months, EDIMAX Technology Co generated revenue of 3.7B TWD at a net margin of -5.5%. Revenue declined 55.4% year over year. It earns a return on equity of -9.9%. Net debt stands at 206M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 5.59 TWD (bear case) to 11.19 TWD (bull case); at 14.60 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 41% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -49%, 3047 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
NCAV (Graham) 5.59 TWD 7.50 TWD 11.19 TWD 50
All 1 models by family
Asset-Based
NCAV (Graham) 5.59 TWD 7.50 TWD 11.19 TWD 50

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Key figures & financial health

Revenue (TTM) 3.1B TWD
Revenue growth (YoY) -40.1%
Net margin -8.5%
Return on equity -13.0%
Free cash flow −81.0M TWD FY2025
Operating margin -11.2%
More key figures
EPS (TTM) -0.9000 TWD
EPS growth (YoY) +1,609%
Net debt 206M TWD FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 41 · Market factors (momentum, volatility) 33

Profitability 15
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 90
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

EDIMAX Technology Co., Ltd. engages in the design, development, manufacture, and marketing of networking solutions in Europe, the United States, Asia, and internationally.

Full company description

EDIMAX Technology Co., Ltd. engages in the design, development, manufacture, and marketing of networking solutions in Europe, the United States, Asia, and internationally. The company offers business products, including embedded wireless adapter, network adapters, AP controller, access points, switches, SFP/mini GBIC, access points, network cameras, switches, KVM switches, and media converters; and home products, such as ethernet cable, USB cable, thunderbolt, air quality monitoring, whole home wi-fi system, wireless routers, wi-fi range extenders, access points, Wi-fi bridges, wireless adapters, home automation, network cameras, switches, network adapters, print servers, wi-fi antennas, wired broadband routers, ADSL modem routers, 3g routers, powerline, print server, hubs, USB hubs, entertainment networking, convergence/ IP telephony hubs, projector server, network attached storage, bluetooth adapters, ethernet network access controller, and WLAN Cables and Accessories. It also provides air quality detectors; and embedded wireless adapter solution, home networking, work from home, long range PoE+ solution, and in-wall 3-in-1 access point. EDIMAX Technology Co., Ltd. was incorporated in 1986 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EDIMAX Technology Co reported revenue of 3.7B TWD in FY2025 versus 5.2B TWD in FY2021, a compound −8.7%/yr. Reported net income was −201M TWD in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.7B TWD
Latest YoY
−46.4%
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.
−15.1%
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.
−10.4%
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.
+2.7%
Revenue −8.7%/yr
FY21 5.2B TWD
FY22 6.0B TWD
FY23 4.3B TWD
FY24 6.8B TWD
FY25 3.7B TWD
Net income
FY21 −72.2M TWD
FY22 253M TWD
FY23 −31.0M TWD
FY24 113M TWD
FY25 −201M TWD

3047 screens 49% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "EDIMAX Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/3047

Peer Group

Communication Equipment · 286 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 41 · Bottom 25%
Fair Value upside −49% · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth -40% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.64× · Higher than 75% of peers

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/S (TTM) 0.03× · Cheaper than 75% of peers
PEG 4.98× · 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 30
PAST 0 · sector 15
HEALTH 68 · sector 98
DIVIDEND 0 · sector 25

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

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $119.25 $43.05 -64%
Zhongji Innolight Co 300308 ¥1,094 ¥171.09 -84%
Foxconn Industrial Internet Co 601138 ¥56.50 ¥28.65 -49%
Eoptolink Technology Inc 300502 ¥482.88 ¥155.05 -68%
Nokia Oyj NOK $11.25 $2.67 -76%
Motorola Solutions, Inc MSI $413.31 $190.43 -54%
Suzhou TFC Optical Communication Co 300394 ¥244.13 ¥32.04 -87%
Telefonaktiebolaget LM Ericsson (publ), ERIC $11.72 $15.96 +36%
Accton Technology Corporation 2345 2,090 TWD 846.28 TWD -60%
ZTE Corporation 000063 ¥40.00 ¥15.75 -61%

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Frequently asked questions

Is EDIMAX Technology Co (3047) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 7.50 TWD versus a price of 14.60 TWD, about −49% (overvalued).
What is the fair value of 3047?
Our model-based fair value for EDIMAX Technology Co is 7.50 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 14.60 TWD.
What is the quality score of 3047?
EDIMAX Technology Co has a Quality Score of 42/100. 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 EDIMAX Technology Co (3047)?
EDIMAX Technology Co reported trailing-twelve-month revenue of about 3.7B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3047?
The net profit margin of EDIMAX Technology Co is about -5.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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