Newmax Technology Co Ltd (3630) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Newmax Technology Co Ltd TWD 26.59, price TWD 27.05, upside -1.7%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Newmax Technology Co Ltd 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 freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 16.60 TWD – 58.60 TWD · fair‑value band 19.94 TWD – 33.24 TWD · the 27.05 TWD price screens above the 26.59 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Newmax Technology Co in your weekly email
Every Wednesday you see whether Newmax Technology Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Newmax Technology Co., Ltd. engages in the design, manufacture, import, export, and sale of optical lenses in Taiwan, China, South Korea, Thailand, Vietnam, and internationally. The company offers optical instruments, electronic components, and other electrical and electronic mechanical equipment.
Show more
Newmax Technology Co., Ltd. engages in the design, manufacture, import, export, and sale of optical lenses in Taiwan, China, South Korea, Thailand, Vietnam, and internationally. The company offers optical instruments, electronic components, and other electrical and electronic mechanical equipment. The company was founded in 1999 and is based in Taichung, Taiwan.
Stock analysis
Newmax Technology Co Ltd (3630) currently trades at 27.05 TWD, while our model-based Fair Value estimate is 26.59 TWD, implying the stock looks roughly 1.7% fairly valued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 41.91 TWD per share, and 5 of the 8 models we run sit above the 27.05 TWD price.
Bear case: the Earnings-Based group reads lowest at 8.45 TWD, and 3 of the 8 models stay below the price. Evidence for this calculation is low.
Scenario range: 19.94 TWD (bear) to 33.24 TWD (bull), the price of 27.05 TWD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Newmax Technology Co Ltd reported revenue of 2.3B TWD in FY2025 versus 2.4B TWD in FY2021, a compound −1.6%/yr. Reported net income was 376M TWD in FY2025.
Key figures
Market cap 5.5B TWD (≈ $173M) · P/E ratio 14.5 · P/S ratio 2.41 · EPS (TTM) 1.86 TWD · Net margin 16.6% · Return on equity 15.5% · Return on assets (EBIT) −9.4% · Operating margin −14.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (medium confidence).
What moves the price
The share trades about 30% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −66% fair-value upside, at −2%, 3630 screens cheaper than that median.
Fair Value models
Bear 19.94 TWDFair Value 26.59 TWDBull 33.24 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (1.36 TWD per share) are deliberately not added.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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+19.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+12.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.4%
Start year 2020 (pandemic). Over 10 years: +8.7% a year
Revenue growth 16 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−9.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−9.3%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−9% → −22%
⚠ Revenue per share shrinking 4.0%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Newmax Technology Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Electronic Components · 654 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−2% · Above median
Profitability
Return on equity (TTM)16% · Top 25%
Return on assets−6% · Bottom 25%
Net margin (TTM)18% · Top 25%
Operating margin (TTM)−14% · Bottom 25%
Growth and dividend
Revenue growth27% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Electronic Components median · lower = cheaper
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). "Newmax Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3630
Frequently asked questions
Is Newmax Technology Co Ltd (3630) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 26.59 TWD versus a price of 27.05 TWD, about −2% upside (fairly valued).
What is the fair value of 3630?
Our model-based fair value for Newmax Technology Co Ltd is 26.59 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 27.05 TWD.
What is the quality score of 3630?
Newmax Technology Co Ltd has a Quality Score of 50/100. 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 price target for Newmax Technology Co Ltd (3630)?
Our model-based price target is the fair value of 26.59 TWD (as of Sep 24, 2026) from 8 valuation models. Cautious scenario 19.94 TWD, optimistic scenario 33.24 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Newmax Technology Co Ltd stock forecast for 2026?
Our models put fair value at 26.59 TWD, about −2% upside versus a price of 27.05 TWD (fairly valued). Cautious scenario 19.94 TWD, optimistic scenario 33.24 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Newmax Technology Co Ltd (3630)?
Newmax Technology Co Ltd reported trailing-twelve-month revenue of about 2.4B TWD (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Newmax Technology Co Ltd (3630)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Newmax Technology Co Ltd it is 26.59 TWD per share (as of Sep 24, 2026), against a price of 27.05 TWD. It is the blended result of 8 valuation models (cash flow, earnings, asset, dividend).
Is Newmax Technology Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 3630 trades above its calculated fair value: price 27.05 TWD, fair value 26.59 TWD, a gap of about −2% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 3630?
No. The price is what the market pays today (27.05 TWD); the fair value is what the company's own numbers justify (26.59 TWD). For Newmax Technology Co Ltd the two are 0.4620 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Newmax Technology Co Ltd worth?
The market values Newmax Technology Co Ltd at about 5.5B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 27.05 TWD; our models calculate a fair value of 26.59 TWD per share.
What do the bullish and bearish scenarios say about 3630?
Our models span a range for Newmax Technology Co Ltd: cautious scenario 19.94 TWD, base 26.59 TWD, optimistic 33.24 TWD per share (as of Sep 24, 2026, price 27.05 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3630?
Newmax Technology Co Ltd trades at a price-to-earnings ratio of 14.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 26.59 TWD is built from several models across several years. Other multiples: P/B 1.8, P/S 2.3.
How solid is the balance sheet of Newmax Technology Co Ltd (3630)?
Balance-sheet figures for Newmax Technology Co Ltd (as of Sep 24, 2026): return on equity 15.5%, debt of 0.00 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 3630 from its 52-week high?
Newmax Technology Co Ltd trades at 27.05 TWD, about 30% below its 52-week high of 38.50 TWD and 8% above the low of 25.00 TWD (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 26.59 TWD is for.
Which stocks are comparable to Newmax Technology Co Ltd?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Newmax Technology Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 27.05 TWD, calculated fair value 26.59 TWD (−2%), Quality Score 50/100, from 8 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 3630 calculated?
We run Newmax Technology Co Ltd through 8 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 26.59 TWD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Newmax Technology Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Newmax Technology Co Ltd (3630)?
The closing price on Sep 23, 2026 was 27.05 TWD. Our model-based fair value is 26.59 TWD, about −2% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Newmax Technology Co Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Newmax Technology Co Ltd
How large is the market capitalisation of Newmax Technology Co Ltd (3630)?
The market capitalisation of Newmax Technology Co Ltd is 5.5B TWD (≈ $173M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Newmax Technology Co Ltd (3630)?
The price-to-sales ratio of Newmax Technology Co Ltd is 2.41 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Newmax Technology Co Ltd (3630)?
Earnings per share at Newmax Technology Co Ltd are 1.86 TWD (price ÷ EPS = P/E 14.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Newmax Technology Co Ltd (3630)?
The net margin of Newmax Technology Co Ltd is 16.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Newmax Technology Co Ltd (3630)?
The return on equity (ROE) of Newmax Technology Co Ltd is 15.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Newmax Technology Co Ltd (3630)?
On an EBIT basis the return on assets of Newmax Technology Co Ltd is −9.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Newmax Technology Co Ltd (3630)?
The operating margin of Newmax Technology Co Ltd is −14.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Newmax Technology Co Ltd (3630)?
Revenue at Newmax Technology Co Ltd is growing +27.3% versus a year earlier (3y avg +12.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Newmax Technology Co Ltd (3630) generate?
The free cash flow of Newmax Technology Co Ltd is −895M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Newmax Technology Co Ltd (3630) carry?
The net debt of Newmax Technology Co Ltd is 1.5B TWD (fiscal year 2024). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Newmax Technology Co Ltd in the live analysis
One click puts Newmax Technology Co Ltd 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.
