Advanced Echem Materials Company Limited (4749) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Advanced Echem Materials Company Limited stock TWD 81.32, price TWD 599, that is 86.4% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 7, 2026.
How to read this chart
57‑month range 103.69 TWD – 1,165 TWD · fair‑value band 72.81 TWD – 110.51 TWD · the 599.00 TWD price screens above the 81.32 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Advanced Echem Materials Company Limited develops and manufactures special chemical materials for semiconductor and display applications in Taiwan, Mainland China, and internationally.
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The company offers semiconductor materials, including fingerprint on display sensor materials, CMOS image sensor materials, chip on film materials, packaging materials, IC manufacturing materials, and cleaning chemicals.
It also provides TFT photo resist and resin black matrix; and micro LED materials. Advanced Echem Materials Company Limited was founded in 2003 and is headquartered in Taoyuan City, Taiwan.
Stock analysis
Advanced Echem Materials Company Limited (4749) currently trades at 599.00 TWD, while our model-based Fair Value estimate is 81.32 TWD, 86% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 358.73 TWD per share, and 0 of the 17 models we run sit above the 599.00 TWD price.
Bear case: the Asset-Based group reads lowest at 44.91 TWD, and 17 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: 72.81 TWD (bear) to 110.51 TWD (bull), the price of 599.00 TWD sits above 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 45/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Advanced Echem Materials Company Limited reported revenue of 4.3B TWD in FY2025 versus 1.6B TWD in FY2021, a compound +27.6%/yr. Reported net income was 1.0B TWD in FY2025, compounding +70.9%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 57.6B TWD (≈ $1.8B) Small · P/E ratio 46.5 · P/S ratio 12.4 · EPS (TTM) 12.87 TWD · Dividend yield 1.3% · Net margin 25.8% · Return on equity 12.6% · Return on assets (EBIT) 7.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).
What moves the price
The share trades about 49% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −27% fair-value upside, at −86%, 4749 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (44.91 TWD to 522.65 TWD). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear72.81 TWDFair Value 81.32 TWDBull110.51 TWD
Price 599.00 TWD · Downside -86.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (4.16 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
Best data coverage
Residual Income85.66 TWD95.67 TWD119.52 TWD73
EPV85.02 TWD95.98 TWD105.26 TWD71
Owner Earnings31.75 TWD56.58 TWD104.40 TWD70
All 17 models by family
DCF Models
Owner Earnings31.75 TWD56.58 TWD104.40 TWD70
Earnings-Based
Graham-Dodd74.94 TWD522.65 TWD733.46 TWD60
Lynch FV216.86 TWD309.81 TWD402.75 TWD58
PEG = 1.0216.86 TWD309.81 TWD402.75 TWD55
EPV85.02 TWD95.98 TWD105.26 TWD71
Dividend Discount
Gordon GGM48.22 TWD90.79 TWD130.01 TWD64
DDM Multi-Stage48.22 TWD80.99 TWD96.51 TWD64
Multiples
P/E Multiple140.52 TWD187.36 TWD234.20 TWD63
P/S Multiple50.61 TWD67.48 TWD84.35 TWD58
P/B Multiple218.69 TWD291.59 TWD364.48 TWD55
EV/EBIT106.08 TWD145.28 TWD184.49 TWD66
EV/EBITDA93.42 TWD128.40 TWD163.39 TWD67
EV/Revenue35.70 TWD55.94 TWD76.19 TWD53
Asset-Based
NCAV (Graham)29.64 TWD44.91 TWD56.13 TWD54
Economic Profit
Residual Income85.66 TWD95.67 TWD119.52 TWD73
ROIC Compounder85.02 TWD95.98 TWD116.37 TWD69
Growth Earnings
Growth-Adj P/E251.11 TWD358.73 TWD466.35 TWD65
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+28.3%
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.
+23.3%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TWD (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+63.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+62.4%
Dividend (yield on the price)1.3%
Profit margin 2021 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.3% → 25%
2025 sits 127% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Compare Advanced Echem Materials Company Limited with another stock
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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 · 651 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside−86.4% · Bottom 25%
Profitability
Return on equity (12 months)12.6% · Above median
Return on assets10.0% · Top 25%
Net margin (12 months)25.8% · Top 25%
Operating margin (12 months)23.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)6.9% · Below median
Dividend yield (12 months)1.3% · Below median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (12 months)46.5× · Pricier than median
P/B6.23× · Priciest 25%
P/S (12 months)12.44× · Priciest 25%
EV/EBITDA40.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)35· sector 70
PAST (return on equity)50· sector 28
HEALTH (low debt)100· sector 95
DIVIDEND (yield)27· sector 27
VALUE 0: the price sits above our fair-value range.
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). "Advanced Echem Materials Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/4749
Frequently asked questions
Is Advanced Echem Materials Company Limited (4749) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 81.32 TWD versus a price of 599.00 TWD, about 86% lower (overvalued).
What is the fair value of 4749?
Our model-based fair value for Advanced Echem Materials Company Limited is 81.32 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 599.00 TWD.
What is the quality score of 4749?
Advanced Echem Materials Company Limited has a Quality Score of 45/100. 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 Advanced Echem Materials Company Limited (4749)?
Our model-based price target is the fair value of 81.32 TWD (as of Nov 7, 2026) from 17 valuation models. Cautious scenario 72.81 TWD, optimistic scenario 110.51 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Advanced Echem Materials Company Limited stock forecast for 2026?
Our models put fair value at 81.32 TWD, about 86% lower versus a price of 599.00 TWD (overvalued). Cautious scenario 72.81 TWD, optimistic scenario 110.51 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Advanced Echem Materials Company Limited (4749)?
Advanced Echem Materials Company Limited reported trailing-twelve-month revenue of about 4.6B TWD (latest available figure, as of Nov 7, 2026).
Does Advanced Echem Materials Company Limited pay a dividend?
Advanced Echem Materials Company Limited currently shows a dividend yield of 1.34% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Advanced Echem Materials Company Limited (4749) and when is the ex-dividend date?
Advanced Echem Materials Company Limited pays a dividend of 8.00 TWD per share a year, a dividend yield of 1.3%. The last ex-dividend date was Jun 11, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 62.2% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Advanced Echem Materials Company Limited (4749)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Advanced Echem Materials Company Limited it is 81.32 TWD per share (as of Nov 7, 2026), against a price of 599.00 TWD. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Advanced Echem Materials Company Limited stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 4749 trades above its calculated fair value: price 599.00 TWD, fair value 81.32 TWD, a gap of about −86% (overvalued). 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 4749?
No. The price is what the market pays today (599.00 TWD); the fair value is what the company's own numbers justify (81.32 TWD). For Advanced Echem Materials Company Limited the two are 517.68 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Advanced Echem Materials Company Limited worth?
The market values Advanced Echem Materials Company Limited at about 57.6B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 599.00 TWD; our models calculate a fair value of 81.32 TWD per share.
What do the bullish and bearish scenarios say about 4749?
Our models span a range for Advanced Echem Materials Company Limited: cautious scenario 72.81 TWD, base 81.32 TWD, optimistic 110.51 TWD per share (as of Nov 7, 2026, price 599.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4749?
Advanced Echem Materials Company Limited trades at a price-to-earnings ratio of 46.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 81.32 TWD is built from several models across several years. Other multiples: P/B 6.2, P/S 12.4, EV/EBITDA 40.5.
How solid is the balance sheet of Advanced Echem Materials Company Limited (4749)?
Balance-sheet figures for Advanced Echem Materials Company Limited (as of Nov 7, 2026): return on equity 12.6%. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 4749 from its 52-week high?
Advanced Echem Materials Company Limited trades at 599.00 TWD, about 49% below its 52-week high of 1,165 TWD and at the low of 599.00 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 81.32 TWD is for.
Which stocks are comparable to Advanced Echem Materials Company Limited?
From the same area (Technology) we also value Amphenol Corporation, Corning Incorporated, Delta Electronics, Inc, TE Connectivity plc, 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 Advanced Echem Materials Company Limited stock attractive at the current price?
The data as of Nov 7, 2026: price 599.00 TWD, calculated fair value 81.32 TWD (−86%), Quality Score 45/100, from 17 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 4749 calculated?
We run Advanced Echem Materials Company Limited through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 81.32 TWD builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. Advanced Echem Materials Company Limited 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 Advanced Echem Materials Company Limited (4749)?
The closing price on Nov 6, 2026 was 599.00 TWD. Our model-based fair value is 81.32 TWD, about 86% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Advanced Echem Materials Company Limited right now?
The price sits above even our optimistic bull case (110.51 TWD). The favourable scenario is already priced in. Weak quality (45/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Advanced Echem Materials Company Limited
How large is the market capitalisation of Advanced Echem Materials Company Limited (4749)?
The market capitalisation of Advanced Echem Materials Company Limited is 57.6B TWD (≈ $1.8B). 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 Advanced Echem Materials Company Limited (4749)?
The price-to-sales ratio of Advanced Echem Materials Company Limited is 12.4 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Advanced Echem Materials Company Limited (4749)?
Earnings per share at Advanced Echem Materials Company Limited are 12.87 TWD (price ÷ EPS = P/E 46.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Advanced Echem Materials Company Limited (4749)?
The dividend yield of Advanced Echem Materials Company Limited is 1.3% (payout 62.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Advanced Echem Materials Company Limited (4749)?
The net margin of Advanced Echem Materials Company Limited is 25.8% (last twelve months). 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 Advanced Echem Materials Company Limited (4749)?
The return on equity (ROE) of Advanced Echem Materials Company Limited is 12.6% (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 Advanced Echem Materials Company Limited (4749)?
On an EBIT basis the return on assets of Advanced Echem Materials Company Limited is 7.0% (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 Advanced Echem Materials Company Limited (4749)?
The operating margin of Advanced Echem Materials Company Limited is 23.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Advanced Echem Materials Company Limited (4749)?
Revenue at Advanced Echem Materials Company Limited is growing +6.9% versus a year earlier (3y avg +23.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Advanced Echem Materials Company Limited (4749)?
Earnings per share at Advanced Echem Materials Company Limited are growing +6.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Advanced Echem Materials Company Limited (4749) generate?
The free cash flow of Advanced Echem Materials Company Limited is −31.2M 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 Advanced Echem Materials Company Limited (4749) carry?
The net debt of Advanced Echem Materials Company Limited is 1.1B 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.
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Thin data
Nov 7, 2026