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Cyber Power Systems, Inc (3617) Fair Value & Analysis

Industrials · TW · Market cap 20.0B TWD

CP Cyber Power Systems, Inc 3617 · TW
Price232.00 TWD
Fair Value287.60 TWD
Upside+24.0%
Quality66/100
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Mixed Growth
Solidly profitable · 11.2% net margin
Low debt · generates free cash flow
4.80% dividend yield
Ranks above peers (12/14)
Moderate moat 62/100
Evidence: High Range 215.70 TWD – 359.50 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price −2.5% over the past month.

A solid business, screening 24% undervalued on our models.

What matters now

  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 215.70 TWD (bear) to 359.50 TWD (bull), base 287.60 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 66/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

394.50 TWD 56.95 TWD Fair Value 287.60 TWD Mar 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 56.95 TWD – 394.50 TWD · fair‑value band 215.70 TWD – 359.50 TWD · the 232.00 TWD price screens below the 287.60 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Cyber Power Systems, Inc (3617) currently trades at 232.00 TWD, while our model-based Fair Value estimate is 287.60 TWD, implying the stock looks roughly 24.0% undervalued today. The Quality Score stands at 66/100 (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, Cyber Power Systems, Inc generated revenue of 11.9B TWD at a net margin of 11.2%. Revenue grew 2.2% year over year. It earns a return on equity of 15.2%. The balance sheet holds a net cash position of 2.6B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 215.70 TWD (bear case) to 359.50 TWD (bull case); at 232.00 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 17% below its 52-week high and 39% 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 24%, 3617 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 222.92 TWD 316.25 TWD 450.08 TWD 80
Residual Income 99.40 TWD 120.21 TWD 217.45 TWD 76
Rev-Margin DCF 211.02 TWD 318.89 TWD 442.96 TWD 74
All 26 models by family
DCF Models
FCF DCF 219.69 TWD 325.17 TWD 486.27 TWD 38
Owner Earnings 193.09 TWD 283.71 TWD 422.12 TWD 31
5Y Revenue Exit 211.02 TWD 318.67 TWD 455.71 TWD 39
5Y EBITDA Exit 228.62 TWD 351.62 TWD 494.55 TWD 41
5Y P/E Exit 221.72 TWD 338.70 TWD 461.01 TWD 38
10Y Revenue Exit 206.77 TWD 305.86 TWD 438.34 TWD 36
10Y EBITDA Exit 223.60 TWD 328.74 TWD 468.00 TWD 37
10Y P/E Exit 219.20 TWD 319.76 TWD 442.38 TWD 35
Earnings-Based
Graham-Dodd 97.78 TWD 305.11 TWD 405.89 TWD 54
Lynch FV 66.44 TWD 94.91 TWD 123.38 TWD 50
PEG = 1.0 66.44 TWD 94.91 TWD 123.38 TWD 46
EPV 179.40 TWD 204.17 TWD 225.85 TWD 59
Dividend Discount
Gordon GGM 136.86 TWD 284.55 TWD 451.41 TWD 70
DDM Multi-Stage 136.86 TWD 226.56 TWD 298.64 TWD 61
Multiples
P/E Multiple 215.70 TWD 287.60 TWD 359.50 TWD 63
P/S Multiple 183.35 TWD 244.46 TWD 305.58 TWD 58
P/B Multiple 183.35 TWD 244.46 TWD 305.58 TWD 55
EV/EBIT 303.92 TWD 394.97 TWD 486.01 TWD 53
EV/EBITDA 258.39 TWD 334.25 TWD 410.12 TWD 54
EV/Revenue 214.90 TWD 293.81 TWD 372.71 TWD 43
Asset-Based
NCAV (Graham) 50.62 TWD 67.84 TWD 101.25 TWD 50
Growth DCF
Growth DCF 222.92 TWD 316.25 TWD 450.08 TWD 80
Rev-Margin DCF 211.02 TWD 318.89 TWD 442.96 TWD 74
Economic Profit
Residual Income 99.40 TWD 120.21 TWD 217.45 TWD 76
ROIC Compounder 190.10 TWD 231.78 TWD 279.86 TWD 72
Growth Earnings
Growth-Adj P/E 179.46 TWD 256.37 TWD 333.28 TWD 68

Widest divergence: DCF Models (319.76 TWD) versus Asset-Based (67.84 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 11.9B TWD
Revenue growth (YoY) +2.2%
Net margin 11.2%
Return on equity 15.2%
Free cash flow 1.6B TWD FY2025
P/E ratio 14.7
More key figures
Operating margin 16.3%
EPS (TTM) 14.39 TWD
Dividend yield 4.8%
EPS growth (YoY) -6.4%
Net cash 2.6B TWD FY2025

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 68 · Market factors (momentum, volatility) 56

Profitability 62
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 83
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

Cyber Power Systems, Inc. designs, manufactures, and sells power protection products and computer peripheral accessories worldwide. It offers backup, smart app, smart power-saving ON-LINE, and datacenter uninterruptible power supply systems.

Full company description

Cyber Power Systems, Inc. designs, manufactures, and sells power protection products and computer peripheral accessories worldwide. It offers backup, smart app, smart power-saving ON-LINE, and datacenter uninterruptible power supply systems. The company also provides racks, power distribution units, smart management solutions, solar power systems, surge protectors, batteries, software, and energy saving products. Cyber Power Systems, Inc. was incorporated in 1997 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cyber Power Systems, Inc reported revenue of 11.9B TWD in FY2025 versus 8.9B TWD in FY2021, a compound +7.6%/yr. Reported net income was 1.4B TWD in FY2025.

Growth Quality 74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
11.9B TWD
Latest YoY
−5.0%
Avg. growth/yr (3Y)
+1.9%
Avg. growth/yr (5Y)
+5.4%
Avg. growth/yr (17Y)
+6.2%
Revenue +7.6%/yr
FY21 8.9B TWD
FY22 11.2B TWD
FY23 11.7B TWD
FY24 12.5B TWD
FY25 11.9B TWD
Net income
FY21 −52.1M TWD
FY22 1.1B TWD
FY23 1.5B TWD
FY24 2.3B TWD
FY25 1.4B TWD

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Cite: Fair Value Calculator (2026). "Cyber Power Systems, Inc Fair Value". https://www.fairvalue-calculator.com/stock/3617

Peer Group

Electrical Equipment & Parts · 528 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 66 · Top 25%
Fair Value upside +24% · Top 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 4.8% · Top 25%
Debt / equity 0.15× · Higher than median

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

P/E (TTM) 14.7× · Cheaper than 75% of peers
P/B 2.09× · Cheaper than median
P/S (TTM) 1.68× · Cheaper than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 8.2× · 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 65 · sector 0
FUTURE 11 · sector 57
PAST 61 · sector 26
HEALTH 93 · sector 97
DIVIDEND 96 · sector 18

Insider activity: 40/100

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 23, 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 Cyber Power Systems, Inc (3617) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 287.60 TWD versus a price of 232.00 TWD, about +24% (undervalued).
What is the fair value of 3617?
Our model-based fair value for Cyber Power Systems, Inc is 287.60 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 232.00 TWD.
What is the quality score of 3617?
Cyber Power Systems, Inc has a Quality Score of 66/100. 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 Cyber Power Systems, Inc (3617)?
Cyber Power Systems, Inc reported trailing-twelve-month revenue of about 11.9B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3617?
The net profit margin of Cyber Power Systems, Inc is about 11.2%, meaning it keeps roughly 11.2% of revenue as net income. Based on the latest reported figures.
Does Cyber Power Systems, Inc pay a dividend?
Cyber Power Systems, Inc currently shows a dividend yield of about 4.76% relative to its recent price (as of Jul 23, 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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