EN DE

LFA Co (3226) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 3.0B TWD

LC LFA Co 3226 · TWO
Price51.40 TWD
Fair Value10.28 TWD
Upside-80.0%
Quality45/100
Watch LFA Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -4.2% net margin
negative free cash flow
Trails peers (2/11)
Narrow moat 15/100
Evidence: Medium Range 7.72 TWD – 12.86 TWD Share as image

Fair value as of: Jul 21, 2026

From 14 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 5.14 TWD to 10.28 TWD (+100.0%) since Jul 21, 2026. Share price +10.5% over the past month.

Below-average quality, and screening another 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (12.86 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

71.38 TWD 39.45 TWD Fair Value 10.28 TWD Oct 2020 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 39.45 TWD – 71.38 TWD · fair‑value band 7.72 TWD – 12.86 TWD · the 51.40 TWD price screens above the 10.28 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

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

Analysis

LFA Co (3226) currently trades at 51.40 TWD, while our model-based Fair Value estimate is 10.28 TWD, implying the stock looks roughly 80.0% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, LFA Co generated revenue of 1.6B TWD at a net margin of 1.0%. Revenue declined 28.5% year over year. It earns a return on equity of 0.8%. The balance sheet holds a net cash position of 222M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 7.72 TWD (bear case) to 12.86 TWD (bull case); at 51.40 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 12% below its 52-week high and 37% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -80%, 3226 screens richer 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (2.04 TWD to 70.18 TWD). Read the values as a conservative anchor, not as a price target.
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 19.67 TWD 18.39 TWD 12.94 TWD 76
Gordon GGM 4.39 TWD 4.79 TWD 5.38 TWD 70
Growth-Adj P/E 2.72 TWD 3.89 TWD 5.06 TWD 68
All 14 models by family
Earnings-Based
Graham-Dodd 1.67 TWD 2.04 TWD 2.29 TWD 54
EPV 14.66 TWD 15.43 TWD 16.09 TWD 59
Dividend Discount
Gordon GGM 4.39 TWD 4.79 TWD 5.38 TWD 70
DDM Multi-Stage 4.39 TWD 5.43 TWD 6.84 TWD 61
Multiples
P/E Multiple 3.86 TWD 5.14 TWD 6.43 TWD 63
P/S Multiple 3.12 TWD 4.16 TWD 5.20 TWD 58
P/B Multiple 3.12 TWD 4.16 TWD 5.20 TWD 55
EV/EBIT 23.42 TWD 27.95 TWD 32.49 TWD 53
EV/EBITDA 55.09 TWD 70.18 TWD 85.27 TWD 54
EV/Revenue 19.52 TWD 23.68 TWD 27.85 TWD 43
Asset-Based
NCAV (Graham) 14.59 TWD 19.55 TWD 29.19 TWD 50
Economic Profit
Residual Income 19.67 TWD 18.39 TWD 12.94 TWD 76
ROIC Compounder 14.66 TWD 15.43 TWD 16.09 TWD 67
Growth Earnings
Growth-Adj P/E 2.72 TWD 3.89 TWD 5.06 TWD 68

Widest divergence: Asset-Based (19.55 TWD) versus Earnings-Based (2.04 TWD). Highest evidence: Residual Income (76).

Notify me when 3226 reaches fair value

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

Key figures & financial health

Revenue (TTM) 1.4B TWD
Revenue growth (YoY) -35.5%
Net margin -4.2%
Return on equity -3.1%
Free cash flow −112M TWD FY2025
P/E ratio 192.5
More key figures
Operating margin -4.6%
EPS (TTM) 0.2400 TWD
EPS growth (YoY) -98.3%
Net cash 222M TWD FY2023

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 50 · Market factors (momentum, volatility) 59

Profitability 23
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 47
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 82
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

LFA Co., Ltd. engages in the manufacture and sale of automotive components, electronic components, and power supplies in Taiwan. It offers LED headlight, truck headlight, fog light, car LED tail lamp, and truck LED headlight. The company was formerly known as Topower Co., Ltd. and changed its name to LFA Co., Ltd. in December 2024. LFA Co., Ltd.

Full company description

LFA Co., Ltd. engages in the manufacture and sale of automotive components, electronic components, and power supplies in Taiwan. It offers LED headlight, truck headlight, fog light, car LED tail lamp, and truck LED headlight. The company was formerly known as Topower Co., Ltd. and changed its name to LFA Co., Ltd. in December 2024. LFA Co., Ltd. was founded in 1975 and is headquartered in Tainan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LFA Co reported revenue of 1.6B TWD in FY2025 versus 2.9B TWD in FY2021, a compound −13.9%/yr. Reported net income was 15.8M TWD in FY2025, compounding −48.9%/yr from FY2021.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.6B TWD
Latest YoY
−24.5%
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.
−10.5%
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.
−8.4%
Avg. growth/yr (8Y) 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.
+1.8%
Revenue −13.9%/yr
FY21 2.9B TWD
FY22 2.2B TWD
FY23 2.2B TWD
FY24 2.1B TWD
FY25 1.6B TWD
Net income −48.9%/yr
FY21 231M TWD
FY22 319M TWD
FY23 260M TWD
FY24 358M TWD
FY25 15.8M TWD

3226 screens 80% overvalued. Compare with Hyundai Mobis Co →

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). "LFA Co Fair Value". https://www.fairvalue-calculator.com/stock/3226

Peer Group

Auto Parts · 642 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 45 · Below median
Fair Value upside −80% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -36% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 192.5× · Pricier than 75% of peers
P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

Compare LFA Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical 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 LFA Co (3226) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 10.28 TWD versus a price of 51.40 TWD, about −80% (overvalued).
What is the fair value of 3226?
Our model-based fair value for LFA Co is 10.28 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 51.40 TWD.
What is the quality score of 3226?
LFA Co has a Quality Score of 45/100. 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 LFA Co (3226)?
LFA Co reported trailing-twelve-month revenue of about 1.6B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3226?
The net profit margin of LFA Co is about 1.0%, meaning it keeps roughly 1.0% of revenue as net income. 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.

14 days Pro free · no card

Track LFA 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.