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Genius Electronic Optical Co (3406) Fair Value & Analysis

Technology · TW · Market cap 59.9B TWD

GE Genius Electronic Optical Co 3406 · TW
Price546.00 TWD
Fair Value656.74 TWD
Upside+20.3%
Quality70/100
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Healthy Growth
Solidly profitable · 14.4% net margin
Low debt · generates free cash flow
3.40% dividend yield
Ranks above peers (11/14)
Moderate moat 62/100
Evidence: High Range 492.55 TWD – 820.92 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price −10.8% over the past month.

A solid business, screening 20% undervalued on our models.

What matters now

  • Our model range runs from 492.55 TWD (bear) to 820.92 TWD (bull), base 656.74 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 70/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

774.00 TWD 251.74 TWD Fair Value 656.74 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 251.74 TWD – 774.00 TWD · fair‑value band 492.55 TWD – 820.92 TWD · the 546.00 TWD price screens below the 656.74 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Genius Electronic Optical Co (3406) currently trades at 546.00 TWD, while our model-based Fair Value estimate is 656.74 TWD, implying the stock looks roughly 20.3% undervalued today. The Quality Score stands at 70/100 (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, Genius Electronic Optical Co generated revenue of 25.8B TWD at a net margin of 14.4%. Revenue grew 15.4% year over year. It earns a return on equity of 14.9%. The balance sheet holds a net cash position of 5.9B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 492.55 TWD (bear case) to 820.92 TWD (bull case); at 546.00 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 28% below its 52-week high and 53% 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%, 3406 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 BearBaseBull Evidence
Highest evidence
Growth DCF 732.50 TWD 1,274 TWD 2,219 TWD 80
Residual Income 229.32 TWD 283.37 TWD 599.03 TWD 76
Rev-Margin DCF 546.05 TWD 881.88 TWD 1,331 TWD 74
All 26 models by family
DCF Models
FCF DCF 742.96 TWD 1,349 TWD 2,450 TWD 38
Owner Earnings 771.92 TWD 1,405 TWD 2,553 TWD 31
5Y Revenue Exit 546.05 TWD 889.02 TWD 1,357 TWD 39
5Y EBITDA Exit 768.95 TWD 1,363 TWD 2,126 TWD 41
5Y P/E Exit 597.35 TWD 998.12 TWD 1,464 TWD 38
10Y Revenue Exit 591.99 TWD 946.19 TWD 1,498 TWD 36
10Y EBITDA Exit 755.42 TWD 1,300 TWD 2,162 TWD 37
10Y P/E Exit 640.15 TWD 1,028 TWD 1,590 TWD 35
Earnings-Based
Graham-Dodd 223.29 TWD 1,149 TWD 1,588 TWD 54
Lynch FV 313.53 TWD 447.90 TWD 582.27 TWD 50
PEG = 1.0 313.53 TWD 447.90 TWD 582.27 TWD 46
EPV 366.15 TWD 415.29 TWD 458.29 TWD 59
Dividend Discount
Gordon GGM 165.27 TWD 343.64 TWD 545.14 TWD 70
DDM Multi-Stage 165.27 TWD 289.76 TWD 360.66 TWD 61
Multiples
P/E Multiple 492.55 TWD 656.74 TWD 820.92 TWD 63
P/S Multiple 415.58 TWD 554.11 TWD 692.64 TWD 58
P/B Multiple 418.67 TWD 558.23 TWD 697.79 TWD 55
EV/EBIT 642.79 TWD 833.30 TWD 1,024 TWD 53
EV/EBITDA 830.77 TWD 1,084 TWD 1,337 TWD 54
EV/Revenue 456.52 TWD 621.63 TWD 786.73 TWD 43
Asset-Based
NCAV (Graham) 117.57 TWD 157.54 TWD 235.14 TWD 50
Growth DCF
Growth DCF 732.50 TWD 1,274 TWD 2,219 TWD 80
Rev-Margin DCF 546.05 TWD 881.88 TWD 1,331 TWD 74
Economic Profit
Residual Income 229.32 TWD 283.37 TWD 599.03 TWD 76
ROIC Compounder 412.49 TWD 542.09 TWD 716.05 TWD 72
Growth Earnings
Growth-Adj P/E 459.79 TWD 656.84 TWD 853.90 TWD 68

Widest divergence: DCF Models (1,028 TWD) versus Asset-Based (157.54 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 25.8B TWD
Revenue growth (YoY) +15.4%
Net margin 14.4%
Return on equity 14.9%
Free cash flow 5.6B TWD FY2025
P/E ratio 16.2
More key figures
Operating margin 19.6%
EPS (TTM) 32.80 TWD
Dividend yield 3.4%
EPS growth (YoY) +2.1%
Net cash 5.9B TWD FY2025

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

Quality Score breakdown

Overall quality 70/100

Of which business quality 70 · Market factors (momentum, volatility) 61

Profitability 49
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 57
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

Genius Electronic Optical Co.,Ltd., an investment holding company, engages in the manufacture, processing, and trade of optical instruments, molds, lighting equipment, and related spare parts in Taiwan and China. The company provides lenses, including medical, car, humanoid robot, industrial AI, and mobile lenses, as well as AR/VR optics.

Full company description

Genius Electronic Optical Co.,Ltd., an investment holding company, engages in the manufacture, processing, and trade of optical instruments, molds, lighting equipment, and related spare parts in Taiwan and China. The company provides lenses, including medical, car, humanoid robot, industrial AI, and mobile lenses, as well as AR/VR optics. It also engages in lens MTF eccentricity adjustment, COMS image module focusing, image quality analysis and testing, and development of production equipment; design, processing, production, and sale of non-metallic products molds; production assembly; installation and maintenance of LED streetlights, LED lamps, and related products and parts; manufacture of optical electronic devices, other electronic devices, and plastic containers and products; and sale of mechanical parts and components, as well as import and export agent services. The company was incorporated in 1990 and is headquartered in Taichung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Genius Electronic Optical Co reported revenue of 25.0B TWD in FY2025 versus 16.7B TWD in FY2021, a compound +10.5%/yr. Reported net income was 3.7B TWD in FY2025, compounding +12.7%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
25.0B TWD
Latest YoY
+7.8%
Avg. growth/yr (3Y)
+9.2%
Avg. growth/yr (5Y)
+9.5%
Avg. growth/yr (21Y)
+11.3%
Revenue +10.5%/yr
FY21 16.7B TWD
FY22 19.2B TWD
FY23 21.7B TWD
FY24 23.2B TWD
FY25 25.0B TWD
Net income +12.7%/yr
FY21 2.3B TWD
FY22 3.3B TWD
FY23 3.1B TWD
FY24 4.3B TWD
FY25 3.7B TWD

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Cite: Fair Value Calculator (2026). "Genius Electronic Optical Co Fair Value". https://www.fairvalue-calculator.com/stock/3406

Peer Group

Computer Hardware · 215 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 70 · Top 25%
Fair Value upside +20% · Top 25%
Return on equity (TTM) 15% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth 15% · Above median
Dividend yield (TTM) 3.4% · Above median
Debt / equity 0.10× · Higher than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 16.2× · Cheaper than median
P/B 2.26× · Pricier than median
P/S (TTM) 2.32× · Pricier than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 6.0× · 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 60 · sector 0
FUTURE 77 · sector 57
PAST 60 · sector 26
HEALTH 95 · sector 97
DIVIDEND 68 · sector 44

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 21, 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%

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Frequently asked questions

Is Genius Electronic Optical Co (3406) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 656.74 TWD versus a price of 546.00 TWD, about +20% (undervalued).
What is the fair value of 3406?
Our model-based fair value for Genius Electronic Optical Co is 656.74 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 546.00 TWD.
What is the quality score of 3406?
Genius Electronic Optical Co has a Quality Score of 70/100. 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 Genius Electronic Optical Co (3406)?
Genius Electronic Optical Co reported trailing-twelve-month revenue of about 25.8B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3406?
The net profit margin of Genius Electronic Optical Co is about 14.4%, meaning it keeps roughly 14.4% of revenue as net income. Based on the latest reported figures.
Does Genius Electronic Optical Co pay a dividend?
Genius Electronic Optical Co currently shows a dividend yield of about 2.45% 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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