Alpha Networks Inc (3380) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Alpha Networks Inc stock TWD 21.40, price TWD 28.25, that is 24.2% below the price, quality 57 out of 100. Rating: overvalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range 22.40 TWD – 46.70 TWD · fair‑value band 18.11 TWD – 26.57 TWD · the 28.25 TWD price screens above the 21.40 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Alpha Networks Inc. engages in the research and development, design, manufacture, and sale of broadband and wireless network products, and computer network system equipment and components in Taiwan, Japan, the United States, and internationally.
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The company offers LAN/MAN products, such as data center, enterprise campus, small business, carrier access, and industrial ethernet network products; and wireless broadband, including mobile broadband, fixed broadband access, and wireless networking.
It also provides digital multimedia and automotive products comprising video doorbell, home security, video surveillance, R151 system solution, and radar sensor. The company was founded in 2003 and is headquartered in Hsinchu City, Taiwan.
Alpha Networks Inc. operates as a subsidiary of Qisda Corporation.
Stock analysis
Alpha Networks Inc (3380) currently trades at 28.25 TWD, while our model-based Fair Value estimate is 21.40 TWD, 24% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 21.05 TWD per share, and 0 of the 11 models we run sit above the 28.25 TWD price.
Bear case: the Asset-Based group reads lowest at 3.84 TWD, and 11 of the 11 models stay below the price. Data coverage for this calculation is low.
Scenario range: 18.11 TWD (bear) to 26.57 TWD (bull), the price of 28.25 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Technology sector.
Mixed Growth: Spin-off in 2009: revenue and profit before it include the divested business. Growth is measured afresh from 2009.
Alpha Networks Inc reported revenue of 22.5B TWD in FY2025 versus 27.9B TWD in FY2021, a compound −5.2%/yr. Reported net income was −194M TWD in FY2025.
Key figures
Market cap 15.3B TWD (≈ $466M) Small · P/E ratio 201.8 · P/S ratio 0.67 · EPS (TTM) 0.1400 TWD · Dividend yield 1.8% · Net margin 0.3% · Return on equity 1.0% · Return on assets (EBIT) 2.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (medium confidence).
What moves the price
The share trades about 32% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −24%, 3380 screens cheaper than that median.
Fair Value models
Bear18.11 TWDFair Value 21.40 TWDBull26.57 TWD
Price 28.25 TWD · Downside -24.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2009: revenue and profit before it include the divested business. Growth is measured afresh from 2009.
Revenue growth 1 year
+4.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−12.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.9%
Start year 2020 (pandemic). Over 10 years: −0.2% a year
Revenue growth 16 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+1.6%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
2.9% (2020) → −0.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−4.8%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about −6.3% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Communication Equipment · 303 stocks
Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−24.2% · Above median
Profitability
Return on equity (12 months)1.0% · Below median
Return on assets−0.8% · Below median
Net margin (12 months)0.3% · Below median
Operating margin (12 months)−1.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)−9.3% · Bottom 25%
Dividend yield (12 months)1.8% · Above median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (12 months)201.8× · Priciest 25%
P/B1.68× · Cheaper than median
P/S (12 months)0.67× · Cheapest 25%
Price / free cash flow (fiscal year)31.5× · Pricier than median
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Is Alpha Networks Inc (3380) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 21.40 TWD versus a price of 28.25 TWD, about 24% lower (overvalued).
What is the fair value of 3380?
Our model-based fair value for Alpha Networks Inc is 21.40 TWD (as of Nov 5, 2026), built from audited fundamentals. The current price: 28.25 TWD.
What is the quality score of 3380?
Alpha Networks Inc has a Quality Score of 57/100. 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 price target for Alpha Networks Inc (3380)?
Our model-based price target is the fair value of 21.40 TWD (as of Nov 5, 2026) from 11 valuation models. Cautious scenario 18.11 TWD, optimistic scenario 26.57 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Alpha Networks Inc stock forecast for 2026?
Our models put fair value at 21.40 TWD, about 24% lower versus a price of 28.25 TWD (overvalued). Cautious scenario 18.11 TWD, optimistic scenario 26.57 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Alpha Networks Inc (3380)?
Alpha Networks Inc reported trailing-twelve-month revenue of about 22.7B TWD (latest available figure, as of Nov 5, 2026).
Does Alpha Networks Inc pay a dividend?
Alpha Networks Inc currently shows a dividend yield of 1.77% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Alpha Networks Inc (3380) and when is the ex-dividend date?
Alpha Networks Inc pays a dividend of 0.5 TWD per share a year, a dividend yield of 1.8%. The last ex-dividend date was Jul 16, 2026. Free cash flow covers the dividend 1.79 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Alpha Networks Inc (3380)?
For today's price to be fair in a discounted-cash-flow model, Alpha Networks Inc would have to grow free cash flow by -4.8 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -6.9 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 3380 use?
Our models discount Alpha Networks Inc at 10.3 %: a base by market capitalisation (small), damped by beta 0.43, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Alpha Networks Inc that is -4.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Alpha Networks Inc (3380) delivered so far?
Over the past 5 years revenue at Alpha Networks Inc grew -6.9 % a year. The price currently implies free-cash-flow growth of -4.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Alpha Networks Inc (3380) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Alpha Networks Inc (-4.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Alpha Networks Inc (3380)?
The free-cash-flow yield on the price is 8.26 %: that much free cash flow Alpha Networks Inc produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Alpha Networks Inc (3380)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Alpha Networks Inc it is 21.40 TWD per share (as of Nov 5, 2026), against a price of 28.25 TWD. It is the blended result of 11 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Alpha Networks Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 3380 trades above its calculated fair value: price 28.25 TWD, fair value 21.40 TWD, a gap of about −24% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 3380?
No. The price is what the market pays today (28.25 TWD); the fair value is what the company's own numbers justify (21.40 TWD). For Alpha Networks Inc the two are 6.85 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Alpha Networks Inc worth?
The market values Alpha Networks Inc at about 15.3B TWD (market capitalisation, as of Nov 5, 2026). Per share that is 28.25 TWD; our models calculate a fair value of 21.40 TWD per share.
What do the bullish and bearish scenarios say about 3380?
Our models span a range for Alpha Networks Inc: cautious scenario 18.11 TWD, base 21.40 TWD, optimistic 26.57 TWD per share (as of Nov 5, 2026, price 28.25 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3380?
Alpha Networks Inc trades at a price-to-earnings ratio of 201.8 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 21.40 TWD is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2016 to 2024), reported earnings: 34.0. Other multiples: PEG 5.0, P/B 1.7, P/S 0.7, EV/EBITDA 18.5.
What is the PEG ratio of 3380?
The PEG ratio of Alpha Networks Inc is 4.98 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Alpha Networks Inc (3380)?
Balance-sheet figures for Alpha Networks Inc (as of Nov 5, 2026): return on equity 1.0%, debt of 0.03 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 3380 from its 52-week high?
Alpha Networks Inc trades at 28.25 TWD, about 32% below its 52-week high of 41.55 TWD and 9% above the low of 25.90 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 21.40 TWD is for.
Which stocks are comparable to Alpha Networks Inc?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Alpha Networks Inc stock attractive at the current price?
The data as of Nov 5, 2026: price 28.25 TWD, calculated fair value 21.40 TWD (−24%), Quality Score 57/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 3380 calculated?
We run Alpha Networks Inc through 11 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 21.40 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Alpha Networks Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Alpha Networks Inc (3380)?
The closing price on Nov 9, 2026 was 28.25 TWD. Our model-based fair value is 21.40 TWD, about 24% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Alpha Networks Inc right now?
The price sits above even our optimistic bull case (26.57 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Alpha Networks Inc (3380) come from?
Earnings per share at Alpha Networks Inc grew −6.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share −0.6 %, EBIT margin −3.2 %, tax rate −1.4 %, residual (interest, one-offs) −1.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Alpha Networks Inc
How large is the market capitalisation of Alpha Networks Inc (3380)?
The market capitalisation of Alpha Networks Inc is 15.3B TWD (≈ $466M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Alpha Networks Inc (3380)?
The price-to-sales ratio of Alpha Networks Inc is 0.67 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Alpha Networks Inc (3380)?
Earnings per share at Alpha Networks Inc are 0.1400 TWD (price ÷ EPS = P/E 201.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Alpha Networks Inc (3380)?
The dividend yield of Alpha Networks Inc is 1.8%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Alpha Networks Inc (3380)?
The net margin of Alpha Networks Inc is 0.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Alpha Networks Inc (3380)?
The return on equity (ROE) of Alpha Networks Inc is 1.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Alpha Networks Inc (3380)?
On an EBIT basis the return on assets of Alpha Networks Inc is 2.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Alpha Networks Inc (3380)?
The operating margin of Alpha Networks Inc is −1.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Alpha Networks Inc (3380)?
Revenue at Alpha Networks Inc is growing −9.3% versus a year earlier (3y avg −12.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Alpha Networks Inc (3380)?
Earnings per share at Alpha Networks Inc are growing +9.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Alpha Networks Inc (3380) hold?
Alpha Networks Inc holds more cash than debt, 1.2B TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 5, 2026