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Alltek Technology Corporation (3209) Fair Value & Analysis

Technology · TW · Market cap 13.5B TWD

AT Alltek Technology Corporation 3209 · TW
Price55.80 TWD
Fair Value59.98 TWD
Upside+7.5%
Quality66/100
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Healthy Growth
Thin margins · 1.7% net margin
Low debt · generates free cash flow
3.60% dividend yield
Ranks above peers (10/14)
Narrow moat 38/100
Evidence: High Range 42.93 TWD – 74.97 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price −5.1% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 42.93 TWD (bear) to 74.97 TWD (bull), base 59.98 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 66/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

81.40 TWD 19.95 TWD Fair Value 59.98 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 19.95 TWD – 81.40 TWD · fair‑value band 42.93 TWD – 74.97 TWD · the 55.80 TWD price screens below the 59.98 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Alltek Technology Corporation (3209) currently trades at 55.80 TWD, while our model-based Fair Value estimate is 59.98 TWD, implying the stock looks roughly 7.5% fairly valued today. The Quality Score stands at 66/100 (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: high), always confirm before acting.

Over the trailing twelve months, Alltek Technology Corporation generated revenue of 50.1B TWD at a net margin of 1.7%. Revenue grew 18.8% year over year. It earns a return on equity of 15.8%. Net debt stands at 2.6B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 42.93 TWD (bear case) to 74.97 TWD (bull case); at 55.80 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 33% below its 52-week high and 91% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at 7%, 3209 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 248.28 TWD 416.26 TWD 694.95 TWD 80
Residual Income 21.62 TWD 25.74 TWD 45.32 TWD 76
Rev-Margin DCF 119.04 TWD 166.44 TWD 227.01 TWD 74
All 26 models by family
DCF Models
FCF DCF 248.72 TWD 427.94 TWD 731.04 TWD 38
Owner Earnings 52.02 TWD 83.47 TWD 136.65 TWD 31
5Y Revenue Exit 119.04 TWD 163.99 TWD 218.96 TWD 39
5Y EBITDA Exit 121.35 TWD 168.64 TWD 222.78 TWD 41
5Y P/E Exit 115.78 TWD 157.40 TWD 200.98 TWD 38
10Y Revenue Exit 159.83 TWD 215.96 TWD 290.76 TWD 36
10Y EBITDA Exit 162.91 TWD 219.33 TWD 293.89 TWD 37
10Y P/E Exit 159.25 TWD 211.19 TWD 276.00 TWD 35
Earnings-Based
Graham-Dodd 20.39 TWD 87.74 TWD 119.90 TWD 54
Lynch FV 22.48 TWD 32.12 TWD 41.75 TWD 50
PEG = 1.0 22.48 TWD 32.12 TWD 41.75 TWD 46
EPV 43.33 TWD 48.86 TWD 53.70 TWD 59
Dividend Discount
Gordon GGM 22.81 TWD 47.43 TWD 75.25 TWD 70
DDM Multi-Stage 22.81 TWD 40.00 TWD 49.78 TWD 61
Multiples
P/E Multiple 44.98 TWD 59.98 TWD 74.97 TWD 63
P/S Multiple 38.24 TWD 50.98 TWD 63.73 TWD 58
P/B Multiple 38.24 TWD 50.98 TWD 63.73 TWD 55
EV/EBIT 79.79 TWD 102.99 TWD 126.20 TWD 53
EV/EBITDA 64.18 TWD 82.19 TWD 100.20 TWD 54
EV/Revenue 57.09 TWD 77.21 TWD 97.32 TWD 43
Asset-Based
NCAV (Graham) 11.24 TWD 15.06 TWD 22.47 TWD 50
Growth DCF
Growth DCF 248.28 TWD 416.26 TWD 694.95 TWD 80
Rev-Margin DCF 119.04 TWD 166.44 TWD 227.01 TWD 74
Economic Profit
Residual Income 21.62 TWD 25.74 TWD 45.32 TWD 76
ROIC Compounder 47.20 TWD 58.60 TWD 72.61 TWD 72
Growth Earnings
Growth-Adj P/E 36.58 TWD 52.26 TWD 67.93 TWD 68

Widest divergence: DCF Models (168.64 TWD) versus Asset-Based (15.06 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 50.1B TWD
Revenue growth (YoY) +18.8%
Net margin 1.7%
Return on equity 15.8%
Free cash flow 4.5B TWD FY2025
P/E ratio 19.2
More key figures
Operating margin 2.9%
EPS (TTM) 2.99 TWD
Dividend yield 3.6%
EPS growth (YoY) +61.6%
Net debt 2.6B TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 65 · Market factors (momentum, volatility) 75

Profitability 47
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 84
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

Alltek Technology Corporation operates as a communication components distributor and solution provider in Taiwan, China, and internationally. It offers telecommunications equipment and computer peripherals; wireless communication machinery and equipment manufacturing; and trades in electronic components and testing equipment.

Full company description

Alltek Technology Corporation operates as a communication components distributor and solution provider in Taiwan, China, and internationally. It offers telecommunications equipment and computer peripherals; wireless communication machinery and equipment manufacturing; and trades in electronic components and testing equipment. The company trades in, imports, and exports radio equipment; and acts as an agent for the products and tender business of domestic and foreign manufacturers. In addition, it designs, manufactures, and sells AIS products and lighting equipment and supplies. Its products are used in data communication, wireless, optical communication, cloud computing, IoT, edge AI, power, and vehicle electrification applications. Alltek Technology Corporation was incorporated in 1991 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alltek Technology Corporation reported revenue of 47.4B TWD in FY2025 versus 47.1B TWD in FY2021, a compound +0.1%/yr. Reported net income was 706M TWD in FY2025, compounding −3.5%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
47.4B TWD
Latest YoY
+3.2%
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.
−7.8%
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.
+2.5%
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.
+18.2%
Revenue +0.1%/yr
FY21 47.1B TWD
FY22 60.4B TWD
FY23 56.0B TWD
FY24 45.9B TWD
FY25 47.4B TWD
Net income −3.5%/yr
FY21 812M TWD
FY22 1.1B TWD
FY23 596M TWD
FY24 703M TWD
FY25 706M TWD
Character of growth · EPS growth decomposed (2014-2025) +5.3 % p.a.
Revenue per share +5.0 pp

of which total revenue +8.0 pp · buybacks/dilution −3.0 pp

EBIT margin +5.7 pp
Tax rate −1.8 pp
Residual (interest, one-offs) −3.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Alltek Technology Corporation Fair Value". https://www.fairvalue-calculator.com/stock/3209

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 66 · Top 25%
Fair Value upside +8% · Top 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 19% · Above median
Dividend yield (TTM) 3.6% · Top 25%
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 19.2× · Cheaper than median
P/B 2.55× · Pricier than median
P/S (TTM) 0.27× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 7.5× · 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 43 · sector 0
FUTURE 94 · sector 30
PAST 63 · sector 15
HEALTH 96 · sector 98
DIVIDEND 72 · sector 25

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 21, 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 Alltek Technology Corporation (3209) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 59.98 TWD versus a price of 55.80 TWD, about +7% (fairly valued).
What is the fair value of 3209?
Our model-based fair value for Alltek Technology Corporation is 59.98 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 55.80 TWD.
What is the quality score of 3209?
Alltek Technology Corporation has a Quality Score of 66/100. 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 Alltek Technology Corporation (3209)?
Alltek Technology Corporation reported trailing-twelve-month revenue of about 50.1B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3209?
The net profit margin of Alltek Technology Corporation is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.
Does Alltek Technology Corporation pay a dividend?
Alltek Technology Corporation currently shows a dividend yield of about 3.24% relative to its recent price (as of Jul 21, 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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