EN DE

Favite Inc (3535) Fair Value & Analysis

Technology · TW · Market cap 7.0B TWD (≈ $221M) · ISIN TW0003535001

What is Favite Inc really worth?

FI Favite Inc 3535 · TW
Price86.80 TWD
Fair Value50.17 TWD
Upside−42.2%
Quality47/100

Below-average quality, and trading another 73% above our fair value of 50.17 TWD.

Watch Favite Inc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y −16.6 %/yr)
!Thin margins · 4.3% net margin
!Mixed vs. peers (6/13)
!Narrow moat 37/100
!Evidence only medium, so the estimate is less certain
!Weak on past: 11 out of 100
!Weak on dividend: 8 out of 100
Evidence: Medium Range 30.55 TWD – 74.94 TWD

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from 52.28 TWD to 50.17 TWD (−4.0%) since Jul 21, 2026. Share price +2.0% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (74.94 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (30.55 TWD to 74.94 TWD) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

148.50 TWD 13.79 TWD Fair Value 50.17 TWD Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 13.79 TWD – 148.50 TWD · fair‑value band 30.55 TWD – 74.94 TWD · the 86.80 TWD price screens above the 50.17 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Favite Inc (3535) currently trades at 86.80 TWD, while our model-based Fair Value estimate is 50.17 TWD, implying the stock looks roughly 73.0% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Technology sector. Bull case: the Asset-Based group reads highest at a median of 282.05 TWD per share, and 3 of the 9 models we run sit above the 86.80 TWD price. Bear case: the Multiples group reads lowest at 45.99 TWD, and 6 of the 9 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Favite Inc generated revenue of 734M TWD at a net margin of 4.3%. It earns a return on equity of 2.9%. Net debt stands at 140M TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 30.55 TWD (bear case) to 74.94 TWD (bull case); at 86.80 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 43% below its 52-week high and 122% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −53% fair-value upside, at −42%, 3535 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF best evidence 35.05 TWD 54.67 TWD 82.01 TWD 80
Growth DCF 36.02 TWD 53.71 TWD 77.51 TWD 78
5Y Revenue Exit 30.23 TWD 50.17 TWD 74.61 TWD 72
All 9 models by family
DCF Models
FCF DCF best evidence 35.05 TWD 54.67 TWD 82.01 TWD 80
5Y Revenue Exit 30.23 TWD 50.17 TWD 74.61 TWD 72
10Y Revenue Exit 30.55 TWD 48.56 TWD 71.07 TWD 66
Dividend Discount
Gordon GGM 141.18 TWD 272.40 TWD 426.12 TWD 66
DDM Multi-Stage 141.18 TWD 213.54 TWD 287.83 TWD 66
Multiples
EV/Revenue 29.59 TWD 45.99 TWD 62.39 TWD 53
Asset-Based
NCAV (Graham) 210.33 TWD 282.05 TWD 420.98 TWD 54
Growth DCF
Growth DCF 36.02 TWD 53.71 TWD 77.51 TWD 78
Rev-Margin DCF 30.23 TWD 50.49 TWD 73.00 TWD 72

Widest divergence: Asset-Based (282.05 TWD) versus Multiples (45.99 TWD). Highest evidence: FCF DCF (80).

Notify me when 3535 reaches fair value

Put 3535 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 9.53 TTM
EPS (TTM) −1.07 TWD
Dividend yield 0.4%
Net margin −18.3% FY2025
Return on equity 2.9% TTM
Return on assets (EBIT) 2.4% avg 5y
More key figures
Profitability
Operating margin 21.0% TTM
Growth
Revenue (TTM) 734M TWD TTM
Revenue growth (YoY) +539% 3y avg −32.2%
EPS growth (YoY) −50.1%
Balance sheet & cash flow
Free cash flow 10.3M TWD FY2025
Net debt 140M TWD FY2025 · ≈ 13.6 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 45 · Market factors (momentum, volatility) 41

Profitability 6
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 58
Distance to the 52-week high (market factor)
Net Issuance 86
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Favite, Inc. engages in the manufacturing and sale of general instruments, precision instruments, and controlled telecommunication radio-frequency devices in Taiwan. The company offers advanced packaging and testing equipment, wafer AOI, and auto AI OM; micro LED and OLED AOI; FPD-LCD; and PCB and IC substrate products.

Full company description

Favite, Inc. engages in the manufacturing and sale of general instruments, precision instruments, and controlled telecommunication radio-frequency devices in Taiwan. The company offers advanced packaging and testing equipment, wafer AOI, and auto AI OM; micro LED and OLED AOI; FPD-LCD; and PCB and IC substrate products. It is also involved in the provision of information software and software design services; investment activities; and sale of electronic components. Favite, Inc. was founded in 2000 and is headquartered in Zhubei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Favite Inc reported revenue of 460M TWD in FY2025 versus 1.4B TWD in FY2021, a compound −24.4%/yr. Reported net income was −84.3M TWD in FY2025.

Growth Quality 24/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
460M TWD
Latest YoY
−31.1%
Avg. revenue 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.
−32.2%
Avg. revenue 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.
−16.6%
Avg. revenue 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.
−6.1%
Value creation/yr 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
Revenue −24.4%/yr
FY21 1.4B TWD
FY22 1.5B TWD
FY23 446M TWD
FY24 668M TWD
FY25 460M TWD
Net income
FY21 96.8M TWD
FY22 283M TWD
FY23 −33.0M TWD
FY24 54.5M TWD
FY25 −84.3M TWD

3535 screens 73% overvalued. Compare with Dell Technologies Inc →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Favite Inc Fair Value". https://www.fairvalue-calculator.com/stock/3535

Peer Group

Computer Hardware · 222 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 47 · Below median
Fair Value upside −42% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 21% · Top 25%
Revenue growth 539% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.17× · Higher than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 0.30× · Cheaper than 75% of peers
P/FCF 21.4× · Pricier than 75% of peers
EV/EBITDA 7.6× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 1
FUTURE100 · sector 59
PAST11 · sector 24
HEALTH92 · sector 97
DIVIDEND8 · sector 37

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

Similar stocks

10 more Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Dell Technologies Inc DELL $456.24 $187.75 −59%
Arista Networks, Inc ANET $201.09 $57.72 −71%
Western Digital Corporation WDC $441.57 $47.49 −89%
Hygon Information Technology Co 688041 ¥246.21 ¥30.66 −88%
Hangzhou Hikvision Digital Technology Co 002415 ¥35.18 ¥40.44 +15%
Shenzhen Longsys Electronics Co 301308 ¥376.88 ¥91.67 −76%
Lenovo Group 0992 HK$30.12 HK$33.70 +12%
Dawning Information Industry Co 603019 ¥83.19 ¥39.38 −53%
HP Inc HPQ $30.52 $48.62 +59%
Inspur Electronic Information Industry Co 000977 ¥73.79 ¥44.02 −40%

Compare Favite Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Favite Inc (3535) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 50.17 TWD versus a price of 86.80 TWD, about −42% upside (overvalued).
What is the fair value of 3535?
Our model-based fair value for Favite Inc is 50.17 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 86.80 TWD.
What is the quality score of 3535?
Favite Inc has a Quality Score of 47/100. 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 Favite Inc (3535)?
Favite Inc reported trailing-twelve-month revenue of about 734M TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 3535?
The net profit margin of Favite Inc is about 4.3%, meaning it keeps roughly 4.3% of revenue as net income. Based on the latest reported figures.
Does Favite Inc pay a dividend?
Favite Inc currently shows a dividend yield of about 0.40% relative to its recent price (as of Aug 13, 2026).
Free · no account needed

Watch Favite Inc in the live analysis

One click puts Favite Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.