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Data Image Corporation (3168) Fair Value & Analysis

Technology · TW · Market cap 3.3B TWD

DI Data Image Corporation 3168 · TW
Price42.65 TWD
Fair Value61.17 TWD
Upside+43.4%
Quality52/100
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Healthy Growth
Thin margins · 5.8% net margin
Low debt · generates free cash flow
6.93% dividend yield
Ranks above peers (13/14)
Narrow moat 44/100
Evidence: Medium Range 45.03 TWD – 76.81 TWD Share as image

Fair value as of: Jul 23, 2026

From 22 valuation models · updated 18 days ago

Share price −3.4% over the past month.

A solid business, screening 43% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (45.03 TWD). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

63.14 TWD 18.83 TWD Fair Value 61.17 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 18.83 TWD – 63.14 TWD · fair‑value band 45.03 TWD – 76.81 TWD · the 42.65 TWD price screens below the 61.17 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Data Image Corporation (3168) currently trades at 42.65 TWD, while our model-based Fair Value estimate is 61.17 TWD, implying the stock looks roughly 43.4% undervalued today. The Quality Score stands at 52/100 (solid 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: medium), always confirm before acting.

Over the trailing twelve months, Data Image Corporation generated revenue of 3.5B TWD at a net margin of 5.8%. Revenue grew 6.5% year over year. It earns a return on equity of 10.1%. The balance sheet holds a net cash position of 945M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 45.03 TWD (bear case) to 76.81 TWD (bull case); at 42.65 TWD, the current price sits below 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 20% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 43%, 3168 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 38.49 TWD 46.89 TWD 60.81 TWD 80
Residual Income 22.59 TWD 28.01 TWD 63.27 TWD 76
Rev-Margin DCF 43.58 TWD 59.74 TWD 79.36 TWD 74
All 22 models by family
DCF Models
FCF DCF 37.48 TWD 46.20 TWD 61.85 TWD 38
Owner Earnings 47.15 TWD 59.40 TWD 81.40 TWD 31
5Y Revenue Exit 43.58 TWD 59.16 TWD 81.84 TWD 39
5Y EBITDA Exit 59.48 TWD 86.68 TWD 122.69 TWD 41
5Y P/E Exit 58.55 TWD 85.07 TWD 116.66 TWD 38
10Y Revenue Exit 39.99 TWD 51.17 TWD 63.32 TWD 36
10Y EBITDA Exit 50.36 TWD 67.80 TWD 86.76 TWD 37
10Y P/E Exit 49.81 TWD 66.83 TWD 83.30 TWD 35
Earnings-Based
Graham-Dodd 22.29 TWD 27.24 TWD 30.64 TWD 54
EPV 43.20 TWD 47.87 TWD 51.90 TWD 59
Multiples
P/E Multiple 68.82 TWD 91.76 TWD 114.70 TWD 63
P/S Multiple 41.79 TWD 55.71 TWD 69.64 TWD 58
P/B Multiple 41.79 TWD 55.71 TWD 69.64 TWD 55
EV/EBIT 86.96 TWD 111.40 TWD 135.84 TWD 53
EV/EBITDA 84.27 TWD 107.81 TWD 131.35 TWD 54
EV/Revenue 50.71 TWD 66.60 TWD 82.48 TWD 43
Asset-Based
NCAV (Graham) 11.80 TWD 15.82 TWD 23.60 TWD 50
Growth DCF
Growth DCF 38.49 TWD 46.89 TWD 60.81 TWD 80
Rev-Margin DCF 43.58 TWD 59.74 TWD 79.36 TWD 74
Economic Profit
Residual Income 22.59 TWD 28.01 TWD 63.27 TWD 76
ROIC Compounder 43.20 TWD 48.88 TWD 54.35 TWD 72
Growth Earnings
Growth-Adj P/E 48.14 TWD 68.77 TWD 89.40 TWD 68

Widest divergence: Growth Earnings (68.77 TWD) versus Asset-Based (15.82 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 3.5B TWD
Revenue growth (YoY) +6.5%
Net margin 5.8%
Return on equity 10.1%
Free cash flow 193M TWD FY2025
P/E ratio 16.7
More key figures
Operating margin 6.8%
EPS (TTM) 2.59 TWD
Dividend yield 6.9%
EPS growth (YoY) +7.1%
Net cash 945M TWD FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 54 · Market factors (momentum, volatility) 56

Profitability 50
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 0
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

Data Image Corporation designs, manufactures, and sells of liquid crystal display (LCD) modules and LCD touch modules in Taiwan and China. The company also manufactures, imports, and exports of medical equipment; and sells monitor, as well as engages in the investment and reinvestment activities.

Full company description

Data Image Corporation designs, manufactures, and sells of liquid crystal display (LCD) modules and LCD touch modules in Taiwan and China. The company also manufactures, imports, and exports of medical equipment; and sells monitor, as well as engages in the investment and reinvestment activities. In addition, it provides display, capacitive touch pending, optical bonding, and cover glass technologies. It sells its products to marine, vehicle, and medical industries. The company was founded in 1997 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Data Image Corporation reported revenue of 3.4B TWD in FY2025 versus 4.3B TWD in FY2021, a compound −5.6%/yr. Reported net income was 246M TWD in FY2025, compounding −6.2%/yr from FY2021.

Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
3.4B TWD
Latest YoY
+0.5%
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.
−11.3%
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.
+3.9%
Avg. growth/yr (6Y) 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.
+4.0%
Revenue −5.6%/yr
FY21 4.3B TWD
FY22 4.9B TWD
FY23 3.9B TWD
FY24 3.4B TWD
FY25 3.4B TWD
Net income −6.2%/yr
FY21 318M TWD
FY22 422M TWD
FY23 279M TWD
FY24 223M TWD
FY25 246M TWD

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Cite: Fair Value Calculator (2026). "Data Image Corporation Fair Value". https://www.fairvalue-calculator.com/stock/3168

Peer Group

Electronic Components · 625 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 52 · Below median
Fair Value upside +43% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 7% · Above median
Dividend yield (TTM) 6.9% · Top 25%

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 16.7× · Cheaper than 75% of peers
P/B 1.83× · Cheaper than median
P/S (TTM) 0.93× · Cheaper than median
P/FCF 0.5× · Cheaper than median
EV/EBITDA 6.1× · 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 91 · sector 0
FUTURE 33 · sector 32
PAST 41 · sector 24
HEALTH 100 · sector 95
DIVIDEND 100 · sector 25

Insider activity: 45/100

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

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Data Image Corporation (3168) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 61.17 TWD versus a price of 42.65 TWD, about +43% (undervalued).
What is the fair value of 3168?
Our model-based fair value for Data Image Corporation is 61.17 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 42.65 TWD.
What is the quality score of 3168?
Data Image Corporation has a Quality Score of 52/100. 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 Data Image Corporation (3168)?
Data Image Corporation reported trailing-twelve-month revenue of about 3.5B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3168?
The net profit margin of Data Image Corporation is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. Based on the latest reported figures.
Does Data Image Corporation pay a dividend?
Data Image Corporation currently shows a dividend yield of about 6.49% 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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