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Podak Co (3537) Fair Value & Analysis

Industrials · TW · Market cap 3.2B TWD

PC Podak Co 3537 · TWO
Price51.90 TWD
Fair Value52.59 TWD
Upside+1.3%
Quality69/100
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Weak Growth
Thin margins · 4.8% net margin
Low debt · generates free cash flow
3.63% dividend yield
Ranks above peers (11/14)
Moderate moat 45/100
Evidence: High Range 39.29 TWD – 65.89 TWD Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Share price −24.2% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 39.29 TWD (bear) to 65.89 TWD (bull), base 52.59 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 69/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

89.60 TWD 27.20 TWD Fair Value 52.59 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 27.20 TWD – 89.60 TWD · fair‑value band 39.29 TWD – 65.89 TWD · the 51.90 TWD price screens below the 52.59 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Podak Co (3537) currently trades at 51.90 TWD, while our model-based Fair Value estimate is 52.59 TWD, implying the stock looks roughly 1.3% fairly valued today. The Quality Score stands at 69/100 (solid quality), in the Industrials 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, Podak Co generated revenue of 3.0B TWD at a net margin of 4.8%. Revenue grew 6.6% year over year. It earns a return on equity of 11.2%. Net debt stands at 33.8M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 39.29 TWD (bear case) to 65.89 TWD (bull case); at 51.90 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 42% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 1%, 3537 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
Growth DCF 46.17 TWD 58.73 TWD 80.50 TWD 80
Residual Income 20.34 TWD 22.74 TWD 32.72 TWD 76
Rev-Margin DCF 40.87 TWD 56.32 TWD 75.73 TWD 74
All 24 models by family
DCF Models
FCF DCF 44.69 TWD 57.65 TWD 82.13 TWD 38
Owner Earnings 33.19 TWD 42.23 TWD 59.30 TWD 31
5Y Revenue Exit 40.87 TWD 55.42 TWD 77.02 TWD 39
5Y EBITDA Exit 42.45 TWD 58.12 TWD 79.34 TWD 41
5Y P/E Exit 42.27 TWD 57.81 TWD 76.82 TWD 38
10Y Revenue Exit 41.23 TWD 53.05 TWD 66.04 TWD 36
10Y EBITDA Exit 43.05 TWD 54.74 TWD 67.44 TWD 37
10Y P/E Exit 42.94 TWD 54.55 TWD 65.91 TWD 35
Earnings-Based
Graham-Dodd 17.07 TWD 24.74 TWD 29.14 TWD 54
EPV 31.56 TWD 35.48 TWD 38.86 TWD 59
Dividend Discount
Gordon GGM 20.20 TWD 22.70 TWD 25.90 TWD 70
DDM Multi-Stage 20.20 TWD 25.81 TWD 32.91 TWD 61
Multiples
P/E Multiple 39.54 TWD 52.72 TWD 65.90 TWD 63
P/S Multiple 32.01 TWD 42.68 TWD 53.35 TWD 58
P/B Multiple 32.01 TWD 42.68 TWD 53.35 TWD 55
EV/EBIT 54.90 TWD 70.97 TWD 87.03 TWD 53
EV/EBITDA 46.60 TWD 59.90 TWD 73.19 TWD 54
EV/Revenue 41.11 TWD 55.85 TWD 70.59 TWD 43
Asset-Based
NCAV (Graham) 11.33 TWD 15.18 TWD 22.66 TWD 50
Growth DCF
Growth DCF 46.17 TWD 58.73 TWD 80.50 TWD 80
Rev-Margin DCF 40.87 TWD 56.32 TWD 75.73 TWD 74
Economic Profit
Residual Income 20.34 TWD 22.74 TWD 32.72 TWD 76
ROIC Compounder 31.74 TWD 36.49 TWD 41.54 TWD 72
Growth Earnings
Growth-Adj P/E 27.92 TWD 39.89 TWD 51.85 TWD 68

Widest divergence: Growth DCF (56.32 TWD) versus Asset-Based (15.18 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 3.0B TWD
Revenue growth (YoY) +6.6%
Net margin 4.8%
Return on equity 11.2%
Free cash flow 227M TWD FY2025
P/E ratio 30.2
More key figures
Operating margin 9.7%
EPS (TTM) 2.50 TWD
Dividend yield 2.6%
EPS growth (YoY) +4.1%
Net debt 33.8M TWD FY2025

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

Quality Score breakdown

Overall quality 69/100

Of which business quality 69 · Market factors (momentum, volatility) 51

Profitability 53
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 73
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

Podak Co., Ltd. operates as a sales agent in Taiwan, China, and internationally. The company offers passive components, including aluminum and tantalum polymer solid, DIP solid, electrolytic, and film capacitors, as well as choke coils, inductors, and resistors; and active components, such as laser diodes, sensors, and batteries.

Full company description

Podak Co., Ltd. operates as a sales agent in Taiwan, China, and internationally. The company offers passive components, including aluminum and tantalum polymer solid, DIP solid, electrolytic, and film capacitors, as well as choke coils, inductors, and resistors; and active components, such as laser diodes, sensors, and batteries. It also provides relays, connectors, NTC thermistors, switches, automated cell culture equipment, plastic capacitors, reactors, CO2 heat pump units, robotic arms, automotive components, power capacitors, semiconductors, automation equipment, and smart energy saving equipment. In addition, the company engages in the import and export trading of various motors, electronic components, and electrical machinery. Podak Co., Ltd. was founded in 1976 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Podak Co reported revenue of 2.9B TWD in FY2025 versus 3.2B TWD in FY2021, a compound −1.9%/yr. Reported net income was 141M TWD in FY2025, compounding −9.7%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.9B TWD
Latest YoY
+3.5%
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.
+1.3%
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.
+0.3%
Avg. growth/yr (8Y) 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.
+0.3%
Revenue −1.9%/yr
FY21 3.2B TWD
FY22 2.8B TWD
FY23 2.8B TWD
FY24 2.8B TWD
FY25 2.9B TWD
Net income −9.7%/yr
FY21 213M TWD
FY22 237M TWD
FY23 149M TWD
FY24 207M TWD
FY25 141M TWD

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Cite: Fair Value Calculator (2026). "Podak Co Fair Value". https://www.fairvalue-calculator.com/stock/3537

Peer Group

Electrical Equipment & Parts · 526 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 69 · Top 25%
Fair Value upside +1% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 5% · Below median
Operating margin (TTM) 10% · Above median
Revenue growth 7% · Below median
Dividend yield (TTM) 3.6% · Top 25%

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 22.6× · Cheaper than median
P/B 2.49× · Pricier than median
P/S (TTM) 1.07× · Cheaper than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 12.5× · Cheaper than median

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 35 · sector 0
FUTURE 33 · sector 57
PAST 45 · sector 26
HEALTH 100 · sector 97
DIVIDEND 73 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Podak Co (3537) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 52.59 TWD versus a price of 51.90 TWD, about +1% (fairly valued).
What is the fair value of 3537?
Our model-based fair value for Podak Co is 52.59 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 51.90 TWD.
What is the quality score of 3537?
Podak Co has a Quality Score of 69/100. 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 Podak Co (3537)?
Podak Co reported trailing-twelve-month revenue of about 3.0B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3537?
The net profit margin of Podak Co is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Podak Co pay a dividend?
Podak Co currently shows a dividend yield of about 2.55% 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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