Wistron Corporation (3231) Fair Value & Analysis
Technology · TW · Market cap 456B TWD
Fair value as of: Jul 20, 2026
From 17 valuation models · updated 18 days ago
Share price +25.3% over the past month.
Below-average quality, and screening another 20% overvalued on our models.
What matters now
- Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
- A fairly wide model range (96.36 TWD to 183.15 TWD) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.
How to read this chart
60‑month range 22.76 TWD – 194.00 TWD · fair‑value band 96.36 TWD – 183.15 TWD · the 183.50 TWD price screens above the 146.52 TWD fair value. Dashed = 300-day average. As of Jul 20, 2026.
Analysis
Wistron Corporation (3231) currently trades at 183.50 TWD, while our model-based Fair Value estimate is 146.52 TWD, implying the stock looks roughly 20.2% overvalued today. We read business quality at 44/100 (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: medium).
Over the trailing twelve months, Wistron Corporation generated revenue of 2.7T TWD at a net margin of 1.2%. Revenue grew 144.3% year over year. It earns a return on equity of 27.2%. Net debt stands at 202B TWD. Fundamentals as of Jul 20, 2026
Our scenario range runs from 96.36 TWD (bear case) to 183.15 TWD (bull case); at 183.50 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 9% below its 52-week high and 68% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -20%, 3231 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.
All 17 models by family
Widest divergence: Multiples (172.38 TWD) versus DCF Models (20.81 TWD). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 30 · Market factors (momentum, volatility) 76
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
Wistron Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of information technology products in the United States, Europe, China, and internationally.
Full company description
Wistron Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of information technology products in the United States, Europe, China, and internationally. The company is involved in research, development, and testing of products and semi-furnished products, and its peripheral equipment, and components, including desktop and portable computers, motherboards, servers, system platforms, multiprocessor computer systems, multimedia computers, network computers, consumer and special computers, microprocessors, CD-ROMs, PDAs, tablet computer, pocket computers, and interface cards. It also provides video and internet telephones, and video conferencing and telecommunication equipment; digital satellite TV receivers, set-top boxes, digital video decoders, and multi-media home appliances; digital cameras, CD players, and digital CD players; wireless receiver products comprising mobile phones, wireless LAN cards, and Bluetooth communication modules; and LCD TVs, and other electronic audio and visual products. In addition, the company designs and merchandises computer software and programs; recycles electronic waste; and offers in vitro diagnostic devices, therapeutic equipment, intelligent assistive devices, diagnostic x-ray units, physiological signal diagnostic devices, and medical data systems. Further, it is involved in the manufacturing, processing, and selling of electronic automotive products; maintenance and cleaning of electronics products; import and export trade business; sale and maintenance of computer products and related parts and components, data storage equipment, and digital monitoring systems; internet platform development; provision and sale of application services and consultation; and repair of electronic products. Wistron Corporation was incorporated in 2001 and is headquartered in Taipei, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Wistron Corporation reported revenue of 2.2T TWD in FY2025 versus 862B TWD in FY2021, a compound +26.2%/yr. Reported net income was 27.4B TWD in FY2025, compounding +16.8%/yr from FY2021.
3231 screens 20% overvalued. Compare with Compal Electronics, Inc →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Taiwan's Wistron says AI server demand remains strong, quarterly profit up 128%
- How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500
- Nvidia Supplier Wistron Opens First U.S. AI Server Factory
- Nvidia supplier Wistron launches $700 million Texas factory for AI system production
Peer Group
Computer Hardware · 217 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.
Valuation Multiples vs Computer Hardware median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Compal Electronics, Inc CEIR | $0.0310 | $0.0276 | -11% |
| Dell Technologies Inc DELL | $434.97 | $163.87 | -62% |
| Arista Networks, Inc ANET | $168.56 | $43.74 | -74% |
| Western Digital Corporation WDC | $513.84 | $74.05 | -86% |
| Wiwynn Corporation 6669 | 4,685 TWD | 1,559 TWD | -67% |
| Hangzhou Hikvision Digital Technology Co 002415 | ¥34.12 | ¥30.11 | -12% |
| Quanta Computer Inc 2382 | 373.50 TWD | 297.22 TWD | -20% |
| Shenzhen Longsys Electronics Co 301308 | ¥587.60 | ¥60.86 | -90% |
| Lenovo Group 0992 | HK$23.16 | HK$3.07 | -87% |
| Dawning Information Industry Co 603019 | ¥106.13 | ¥28.88 | -73% |
Compare Wistron Corporation with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Wistron Corporation (3231) overvalued or undervalued?
What is the fair value of 3231?
What is the quality score of 3231?
What is the revenue of Wistron Corporation (3231)?
What is the net profit margin of 3231?
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.
Track Wistron Corporation 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.