EN DE

Taimide Tech. Inc (3645) Fair Value & Analysis

Technology · TW · Market cap 9.7B TWD

TT Taimide Tech. Inc 3645 · TW
Price72.10 TWD
Fair Value26.04 TWD
Upside-63.9%
Quality66/100
Watch Taimide Tech. Inc for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 10.9% net margin
Low debt · generates free cash flow
1.68% dividend yield
Mixed vs. peers (8/14)
Moderate moat 50/100
Evidence: High Range 19.53 TWD – 32.55 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price −11.7% over the past month.

A solid business, but screening 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (32.55 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

117.50 TWD 28.60 TWD Fair Value 26.04 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 28.60 TWD – 117.50 TWD · fair‑value band 19.53 TWD – 32.55 TWD · the 72.10 TWD price screens above the 26.04 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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

Analysis

Taimide Tech. Inc (3645) currently trades at 72.10 TWD, while our model-based Fair Value estimate is 26.04 TWD, implying the stock looks roughly 63.9% overvalued today. The Quality Score stands at 66/100 (solid 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: high).

Over the trailing twelve months, Taimide Tech. Inc generated revenue of 2.4B TWD at a net margin of 10.9%. Revenue grew 1.6% year over year. It earns a return on equity of 7.4%. Net debt stands at 681M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 19.53 TWD (bear case) to 32.55 TWD (bull case); at 72.10 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 41% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -64%, 3645 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 29.83 TWD 48.37 TWD 76.60 TWD 80
Residual Income 19.12 TWD 19.93 TWD 20.36 TWD 76
Rev-Margin DCF 20.40 TWD 32.45 TWD 47.15 TWD 74
All 26 models by family
DCF Models
FCF DCF 29.73 TWD 49.16 TWD 79.38 TWD 38
Owner Earnings 19.58 TWD 32.64 TWD 52.95 TWD 31
5Y Revenue Exit 20.40 TWD 32.32 TWD 47.60 TWD 39
5Y EBITDA Exit 29.95 TWD 50.98 TWD 76.21 TWD 41
5Y P/E Exit 21.04 TWD 33.58 TWD 47.03 TWD 38
10Y Revenue Exit 22.96 TWD 34.83 TWD 51.17 TWD 36
10Y EBITDA Exit 29.55 TWD 47.80 TWD 73.40 TWD 37
10Y P/E Exit 23.90 TWD 35.71 TWD 50.73 TWD 35
Earnings-Based
Graham-Dodd 10.42 TWD 39.48 TWD 53.45 TWD 54
Lynch FV 9.58 TWD 13.68 TWD 17.78 TWD 50
PEG = 1.0 9.58 TWD 13.68 TWD 17.78 TWD 46
EPV 12.82 TWD 15.04 TWD 16.95 TWD 59
Dividend Discount
Gordon GGM 10.49 TWD 20.91 TWD 31.67 TWD 70
DDM Multi-Stage 10.49 TWD 18.07 TWD 22.07 TWD 61
Multiples
P/E Multiple 19.53 TWD 26.04 TWD 32.55 TWD 63
P/S Multiple 19.52 TWD 26.03 TWD 32.54 TWD 58
P/B Multiple 19.53 TWD 26.04 TWD 32.55 TWD 55
EV/EBIT 18.62 TWD 25.24 TWD 31.85 TWD 53
EV/EBITDA 33.47 TWD 45.04 TWD 56.60 TWD 54
EV/Revenue 15.98 TWD 23.35 TWD 30.72 TWD 43
Asset-Based
NCAV (Graham) 12.06 TWD 16.16 TWD 24.11 TWD 50
Growth DCF
Growth DCF 29.83 TWD 48.37 TWD 76.60 TWD 80
Rev-Margin DCF 20.40 TWD 32.45 TWD 47.15 TWD 74
Economic Profit
Residual Income 19.12 TWD 19.93 TWD 20.36 TWD 76
ROIC Compounder 12.82 TWD 15.04 TWD 16.95 TWD 72
Growth Earnings
Growth-Adj P/E 15.49 TWD 22.13 TWD 28.76 TWD 68

Widest divergence: DCF Models (34.83 TWD) versus Earnings-Based (13.68 TWD). Highest evidence: Growth DCF (80).

Notify me when 3645 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 2.4B TWD
Revenue growth (YoY) +1.6%
Net margin 10.9%
Return on equity 7.4%
Free cash flow 371M TWD FY2025
P/E ratio 46.5
More key figures
Operating margin 18.8%
EPS (TTM) 1.53 TWD
Dividend yield 1.7%
EPS growth (YoY) +116%
Net debt 681M 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 65 · Market factors (momentum, volatility) 43

Profitability 33
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 42
Distance to the 52-week high (market factor)
Net Issuance 97
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

Taimide Tech. Inc., together with its subsidiaries, engages in the manufacture and sale of polyamide films in Taiwan, Mainland China, South Korea, Japan, the United States, and internationally. The company offers polyamide films and flexible copper foil substrates.

Full company description

Taimide Tech. Inc., together with its subsidiaries, engages in the manufacture and sale of polyamide films in Taiwan, Mainland China, South Korea, Japan, the United States, and internationally. The company offers polyamide films and flexible copper foil substrates. It also engages in the investment business; trade, wholesale, manufacture, and sale of electronic components and materials; wholesale of hair products and chemicals; and surface treatment of electronic materials. The company was founded in 1989 and is headquartered in Hsinchu City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taimide Tech. Inc reported revenue of 2.4B TWD in FY2025 versus 2.4B TWD in FY2021, a compound −0.2%/yr. Reported net income was 209M TWD in FY2025, compounding −8.8%/yr from FY2021.

Growth Quality 70/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.4B TWD
Latest YoY
+5.6%
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.
+7.9%
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.
+3.3%
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.
+9.6%
Revenue −0.2%/yr
FY21 2.4B TWD
FY22 1.9B TWD
FY23 1.6B TWD
FY24 2.2B TWD
FY25 2.4B TWD
Net income −8.8%/yr
FY21 303M TWD
FY22 149M TWD
FY23 −139M TWD
FY24 236M TWD
FY25 209M TWD
Character of growth · EPS growth decomposed (2014-2025) +0.6 % p.a.
Revenue per share +3.9 pp

of which total revenue +4.3 pp · buybacks/dilution −0.3 pp

EBIT margin −4.7 pp
Tax rate +1.4 pp
Residual (interest, one-offs) −0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

3645 screens 64% overvalued. Compare with Delta Electronics, Inc →

Share or link this analysis
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). "Taimide Tech. Inc Fair Value". https://www.fairvalue-calculator.com/stock/3645

Peer Group

Electronic Components · 625 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 −64% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 1.7% · Above median
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 46.5× · Pricier than median
P/B 2.95× · Pricier than median
P/S (TTM) 4.09× · Pricier than 75% of peers
P/FCF 0.8× · Cheaper than median
EV/EBITDA 14.9× · 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 0 · sector 0
FUTURE 8 · sector 32
PAST 29 · sector 24
HEALTH 89 · sector 95
DIVIDEND 34 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

Compare Taimide Tech. 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

Frequently asked questions

Is Taimide Tech. Inc (3645) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 26.04 TWD versus a price of 72.10 TWD, about −64% (overvalued).
What is the fair value of 3645?
Our model-based fair value for Taimide Tech. Inc is 26.04 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 72.10 TWD.
What is the quality score of 3645?
Taimide Tech. 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 Taimide Tech. Inc (3645)?
Taimide Tech. Inc reported trailing-twelve-month revenue of about 2.4B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3645?
The net profit margin of Taimide Tech. Inc is about 10.9%, meaning it keeps roughly 10.9% of revenue as net income. Based on the latest reported figures.
Does Taimide Tech. Inc pay a dividend?
Taimide Tech. Inc currently shows a dividend yield of about 1.34% 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.

14 days Pro free · no card

Track Taimide Tech. Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.