Tai Shing Electronics Components Corporation (3426) Fair Value & Analysis
Technology · TW · Market cap 1.3B TWD
Fair value as of: Jul 21, 2026
From 24 valuation models · updated 20 days ago
A solid business, screening 21% undervalued on our models.
What matters now
- Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
- Our model range runs from 45.04 TWD (bear) to 76.83 TWD (bull), base 57.97 TWD. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 67/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
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 28.43 TWD – 53.72 TWD · fair‑value band 45.04 TWD – 76.83 TWD · the 47.80 TWD price screens below the 57.97 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.
Analysis
Tai Shing Electronics Components Corporation (3426) currently trades at 47.80 TWD, while our model-based Fair Value estimate is 57.97 TWD, implying the stock looks roughly 21.3% undervalued today. The Quality Score stands at 67/100 (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, Tai Shing Electronics Components Corporation generated revenue of 559M TWD at a net margin of 9.0%. Revenue declined 27.5% year over year. It earns a return on equity of 6.3%. The stock trades on a trailing P/E of 20.2. Fundamentals as of Jul 21, 2026
Our scenario range runs from 45.04 TWD (bear case) to 76.83 TWD (bull case); at 47.80 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 near its 52-week high and 26% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 21%, 3426 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 24 models by family
Widest divergence: DCF Models (50.58 TWD) versus Asset-Based (19.32 TWD). Highest evidence: Residual Income (76).
Notify me when 3426 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 68 · Market factors (momentum, volatility) 71
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
Tai Shing Electronics Components Corporation, together with its subsidiaries, researches, designs, manufactures, and sells solenoids, and solenoid valve and relay products in Asia, Europe, the Americas, and internationally.
Full company description
Tai Shing Electronics Components Corporation, together with its subsidiaries, researches, designs, manufactures, and sells solenoids, and solenoid valve and relay products in Asia, Europe, the Americas, and internationally. The company offers linear DC solenoid products comprising open frame, permanent, and tubular solenoids; holding, rotary DC, and customized solenoids; water, air, and oil valves; brakes; signal, power, automotive, and SSR relays; crystals, oscillators, and sensors; and lathes, stamping parts and molds, plastic injection parts and molds, lead wire processing, powder metallurgy, forging, tube processing, and other services, as well as parts, including bearings, springs, magnets, and filters. It also provides electromagnets, electromagnetic values, metal valves, other fabricated metal products, electric appliances, audiovisual electric products, wired communication equipment and apparatuses, telecommunication equipment and apparatuses, electronic parts and components, computers and computing peripheral equipment, and cleaning products used in the manufacturing industry. Further, it engages in international trade; manufacture and import of restrained telecom radio frequency equipment; and other business activities. Tai Shing Electronics Components Corporation was incorporated in 1984 and is headquartered in Taoyuan City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Tai Shing Electronics Components Corporation reported revenue of 614M TWD in FY2025 versus 712M TWD in FY2021, a compound −3.6%/yr. Reported net income was 62.8M TWD in FY2025, compounding −1.0%/yr from FY2021.
Watch 3426: get an alert when its fair value changes →
Peer Group
Electronic Components · 625 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 Electronic Components 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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Delta Electronics, Inc 2308 | 1,880 TWD | 515.23 TWD | -73% |
| Hon Hai Precision Industry Co 2317 | 242.50 TWD | 270.47 TWD | +12% |
| Luxshare Precision Industry Co 002475 | ¥62.14 | ¥38.44 | -38% |
| Samsung Electro-Mechanics Co 009150 | 1,260,000 KRW | 166,421 KRW | -87% |
| Elite Material Co 2383 | 4,990 TWD | 714.36 TWD | -86% |
| Yageo Corporation 2327 | 699.00 TWD | 216.55 TWD | -69% |
| Shengyi Technology Co 600183 | ¥132.29 | ¥27.45 | -79% |
| Shennan Circuits Co 002916 | ¥364.00 | ¥93.50 | -74% |
| Victory Giant Technology (HuiZhou) Co 2476 | HK$297.00 | HK$103.98 | -65% |
| Wus Printed Circuit (Kunshan) Co 002463 | ¥127.80 | ¥31.95 | -75% |
Compare Tai Shing Electronics Components Corporation with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Tai Shing Electronics Components Corporation (3426) overvalued or undervalued?
What is the fair value of 3426?
What is the quality score of 3426?
What is the revenue of Tai Shing Electronics Components Corporation (3426)?
What is the net profit margin of 3426?
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 Tai Shing Electronics Components 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.