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HiTi Digital, Inc (3494) Fair Value & Analysis

Technology · TW · Market cap 708M TWD

HD HiTi Digital, Inc 3494 · TW
Price7.09 TWD
Fair Value4.08 TWD
Upside-42.5%
Quality38/100
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Expensive Growth
Loss-making · -17.0% net margin
Moderate debt · negative free cash flow
Trails peers (2/9)
Narrow moat 12/100
Evidence: Low Range 3.04 TWD – 6.08 TWD Share as image

Fair value as of: Jul 23, 2026

From 1 valuation models · updated 18 days ago

Share price −8.9% over the past month.

Below-average quality, and screening another 42% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (6.08 TWD). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (3.04 TWD to 6.08 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

20.05 TWD 3.09 TWD Fair Value 4.08 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 3.09 TWD – 20.05 TWD · fair‑value band 3.04 TWD – 6.08 TWD · the 7.09 TWD price screens above the 4.08 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

HiTi Digital, Inc (3494) currently trades at 7.09 TWD, while our model-based Fair Value estimate is 4.08 TWD, implying the stock looks roughly 42.5% overvalued today. The Quality Score stands at 38/100 (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: low).

Over the trailing twelve months, HiTi Digital, Inc generated revenue of 977M TWD at a net margin of -17.0%. Revenue grew 17.7% year over year. It earns a return on equity of -24.1%. Net debt stands at 755M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 3.04 TWD (bear case) to 6.08 TWD (bull case); at 7.09 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 52% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -42%, 3494 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 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
NCAV (Graham) 3.04 TWD 4.08 TWD 6.08 TWD 50
All 1 models by family
Asset-Based
NCAV (Graham) 3.04 TWD 4.08 TWD 6.08 TWD 50

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Key figures & financial health

Revenue (TTM) 977M TWD
Revenue growth (YoY) +17.7%
Net margin -17.0%
Return on equity -24.1%
Free cash flow −171M TWD FY2025
Operating margin -4.2%
More key figures
EPS (TTM) -1.84 TWD
Net debt 755M TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 34 · Market factors (momentum, volatility) 26

Profitability 8
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 100
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

HiTi Digital, Inc. engages in the research and development, manufacturing, distribution, retailing, and investment in office machines, cameras, and related peripheries in Taiwan and internationally. It offers digital printers; chemical material paper products, as well as software. HiTi Digital, Inc.

Full company description

HiTi Digital, Inc. engages in the research and development, manufacturing, distribution, retailing, and investment in office machines, cameras, and related peripheries in Taiwan and internationally. It offers digital printers; chemical material paper products, as well as software. HiTi Digital, Inc. was formerly known as Hi-Touch Imaging Technologies Co., Ltd. and changed its name to HiTi Digital, Inc. in December 2007. The company was founded in 2001 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HiTi Digital, Inc reported revenue of 939M TWD in FY2025 versus 456M TWD in FY2021, a compound +19.8%/yr. Reported net income was −174M TWD in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
939M TWD
Latest YoY
+3.8%
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.
+20.2%
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.
+14.0%
Avg. growth/yr (17Y) 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.
−3.4%
Revenue +19.8%/yr
FY21 456M TWD
FY22 540M TWD
FY23 676M TWD
FY24 905M TWD
FY25 939M TWD
Net income
FY21 −245M TWD
FY22 −355M TWD
FY23 −204M TWD
FY24 −125M TWD
FY25 −174M TWD

3494 screens 42% overvalued. Compare with Compal Electronics, Inc →

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Cite: Fair Value Calculator (2026). "HiTi Digital, Inc Fair Value". https://www.fairvalue-calculator.com/stock/3494

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 34 · Bottom 25%
Fair Value upside −43% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -17% · Bottom 25%
Operating margin (TTM) -4% · Bottom 25%
Revenue growth 18% · Above median
Debt / equity 1.04× · Higher than 75% of peers

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/S (TTM) 0.02× · 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 0 · sector 0
FUTURE 89 · sector 57
PAST 0 · sector 26
HEALTH 48 · sector 97
DIVIDEND 0 · sector 44

VALUE 0: the price sits above our fair-value range.

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 23, 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 HiTi Digital, Inc (3494) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 4.08 TWD versus a price of 7.09 TWD, about −42% (overvalued).
What is the fair value of 3494?
Our model-based fair value for HiTi Digital, Inc is 4.08 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 7.09 TWD.
What is the quality score of 3494?
HiTi Digital, Inc has a Quality Score of 38/100. 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 HiTi Digital, Inc (3494)?
HiTi Digital, Inc reported trailing-twelve-month revenue of about 977M TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3494?
The net profit margin of HiTi Digital, Inc is about -17.0%, meaning it is currently running at a net loss. 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.

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