EN DE

Howteh Technology Co (3114) Fair Value & Analysis

Industrials · TW · Market cap 2.1B TWD

HT Howteh Technology Co 3114 · TWO
Price37.50 TWD
Fair Value32.23 TWD
Upside-14.1%
Quality62/100
Watch Howteh Technology Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 5.5% net margin
negative free cash flow
2.51% dividend yield
Ranks above peers (8/12)
Narrow moat 38/100
Evidence: High Range 27.06 TWD – 43.01 TWD Share as image

Fair value as of: Jul 23, 2026

From 15 valuation models · updated 18 days ago

Share price −6.3% over the past month.

A solid business, but screening 14% overvalued on our models.

What matters now

  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from 27.06 TWD (bear) to 43.01 TWD (bull), base 32.23 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 62/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

57.70 TWD 17.80 TWD Fair Value 32.23 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 17.80 TWD – 57.70 TWD · fair‑value band 27.06 TWD – 43.01 TWD · the 37.50 TWD price screens above the 32.23 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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

Analysis

Howteh Technology Co (3114) currently trades at 37.50 TWD, while our model-based Fair Value estimate is 32.23 TWD, implying the stock looks roughly 14.1% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials 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: high).

Over the trailing twelve months, Howteh Technology Co generated revenue of 3.1B TWD at a net margin of 5.5%. Revenue grew 15.2% year over year. It earns a return on equity of 10.6%. The balance sheet holds a net cash position of 238M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 27.06 TWD (bear case) to 43.01 TWD (bull case); at 37.50 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 23% below its 52-week high and 73% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -14%, 3114 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
Residual Income 20.83 TWD 22.67 TWD 28.23 TWD 76
Gordon GGM 10.65 TWD 12.37 TWD 14.33 TWD 70
Growth-Adj P/E 24.89 TWD 35.56 TWD 46.22 TWD 68
All 15 models by family
DCF Models
Owner Earnings 37.28 TWD 44.97 TWD 59.80 TWD 31
Earnings-Based
Graham-Dodd 15.22 TWD 23.37 TWD 27.90 TWD 54
EPV 24.06 TWD 25.63 TWD 26.98 TWD 59
Dividend Discount
Gordon GGM 10.65 TWD 12.37 TWD 14.33 TWD 70
DDM Multi-Stage 10.65 TWD 13.79 TWD 17.65 TWD 61
Multiples
P/E Multiple 35.25 TWD 47.00 TWD 58.75 TWD 63
P/S Multiple 28.53 TWD 38.05 TWD 47.56 TWD 58
P/B Multiple 28.53 TWD 38.05 TWD 47.56 TWD 55
EV/EBIT 33.34 TWD 39.75 TWD 46.16 TWD 53
EV/EBITDA 30.98 TWD 36.60 TWD 42.22 TWD 54
EV/Revenue 27.84 TWD 33.72 TWD 39.60 TWD 43
Asset-Based
NCAV (Graham) 12.25 TWD 16.42 TWD 24.51 TWD 50
Economic Profit
Residual Income 20.83 TWD 22.67 TWD 28.23 TWD 76
ROIC Compounder 24.06 TWD 25.77 TWD 27.65 TWD 67
Growth Earnings
Growth-Adj P/E 24.89 TWD 35.56 TWD 46.22 TWD 68

Widest divergence: DCF Models (44.97 TWD) versus Dividend Discount (12.37 TWD). Highest evidence: Residual Income (76).

Notify me when 3114 reaches fair value

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

Key figures & financial health

Revenue (TTM) 3.1B TWD
Revenue growth (YoY) +15.2%
Net margin 5.5%
Return on equity 10.6%
Free cash flow −10.2M TWD FY2025
P/E ratio 18.6
More key figures
Operating margin 4.6%
EPS (TTM) 2.21 TWD
Dividend yield 2.5%
EPS growth (YoY) +147%
Net cash 238M TWD FY2023

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 60 · Market factors (momentum, volatility) 79

Profitability 44
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 95
Price trend over the last 3–12 months (market factor)
52W Momentum 70
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

Howteh Technology Co., Ltd. engages in the trading and agency business in active and passive components, and equipment in Taiwan, China, and internationally. It provides integrated circuit carrier board equipment, chemicals and raw materials, semiconductors, and optical equipment.

Full company description

Howteh Technology Co., Ltd. engages in the trading and agency business in active and passive components, and equipment in Taiwan, China, and internationally. It provides integrated circuit carrier board equipment, chemicals and raw materials, semiconductors, and optical equipment. The company also offers connectors, FFC, thunderbolt cable, MEMS, coaxial cable, conversion cable, USB type C, audio amplifier, and LED controller products, as well as power management, radio frequency, and Haptic products. In addition, it provides printed circuit boards and optoelectronic equipment. The company was founded in 1973 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Howteh Technology Co reported revenue of 3.0B TWD in FY2025 versus 3.7B TWD in FY2021, a compound −5.1%/yr. Reported net income was 144M TWD in FY2025, compounding +0.2%/yr from FY2021.

Growth Quality 22/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.0B TWD
Latest YoY
+9.0%
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.
−2.4%
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.
−1.1%
Avg. growth/yr (9Y) 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.
+5.8%
Revenue −5.1%/yr
FY21 3.7B TWD
FY22 3.2B TWD
FY23 2.7B TWD
FY24 2.8B TWD
FY25 3.0B TWD
Net income +0.2%/yr
FY21 143M TWD
FY22 209M TWD
FY23 101M TWD
FY24 117M TWD
FY25 144M TWD

3114 screens 14% overvalued. Compare with W.W. Grainger, Inc →

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). "Howteh Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/3114

Peer Group

Industrial Distribution · 102 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 62 · Above median
Fair Value upside −14% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 3% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 15% · Top 25%
Dividend yield (TTM) 2.5% · Above median

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/E (TTM) 14.7× · Cheaper than median
P/B 1.32× · Cheaper than median
P/S (TTM) 0.67× · Pricier than median
EV/EBITDA 10.0× · 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 15 · sector 19
FUTURE 76 · sector 19
PAST 43 · sector 37
HEALTH 0 · sector 90
DIVIDEND 50 · sector 31

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

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,376 $625.61 -55%
Fastenal Company FAST $45.49 $20.64 -55%
Ferguson Enterprises Inc FERG $232.02 $151.92 -35%
WESCO International, Inc WCC $326.71 $213.01 -35%
Watsco, Inc WSO $385.16 $268.10 -30%
Toromont Industries Ltd TIH C$232.22 C$127.90 -45%
Applied Industrial Technologies, Inc AIT $329.35 $191.65 -42%
Finning International Inc FTT C$102.50 C$76.38 -25%
Addtech AB ADDTB kr 329.20 kr 156.35 -53%
Core & Main, Inc CNM $44.66 $49.47 +11%

Compare Howteh Technology Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 Howteh Technology Co (3114) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 32.23 TWD versus a price of 37.50 TWD, about −14% (overvalued).
What is the fair value of 3114?
Our model-based fair value for Howteh Technology Co is 32.23 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 37.50 TWD.
What is the quality score of 3114?
Howteh Technology Co 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 revenue of Howteh Technology Co (3114)?
Howteh Technology Co reported trailing-twelve-month revenue of about 3.1B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3114?
The net profit margin of Howteh Technology Co is about 5.5%, meaning it keeps roughly 5.5% of revenue as net income. Based on the latest reported figures.
Does Howteh Technology Co pay a dividend?
Howteh Technology Co currently shows a dividend yield of about 2.51% 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 Howteh Technology 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.