Parpro Corp (4916) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Parpro Corp stock TWD 26.86, price TWD 91.30, that is 70.6% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 25 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 5, 2026.
How to read this chart
60‑month range 19.53 TWD – 124.50 TWD · fair‑value band 17.77 TWD – 38.83 TWD · the 91.30 TWD price screens above the 26.86 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Parpro Corporation provides electronic manufacturing services (EMS) and original equipment manufacturer (OEM) solutions.
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The company offers box build and system integration, precision machining, sheet metal fabrication, cable assembly and wire harness, testing and inspection, electro-mechanical assembly, and prototyping/NPI services.
It also provides manufacturing services, including product development, sourcing, procurement, and supply chain management, as well as high-mix, and low and mid-volume production; PCB assembly, electro-mechanical manufacturing, and full system integration services; lifecycle management services; and supply chain management services.
The company serves the aerospace and defense, communications, industrial and EV, computer and storage, medical, and gaming industries. The company was founded in 2001 and is headquartered in Taipei, Taiwan.
Stock analysis
Parpro Corp (4916) currently trades at 91.30 TWD, while our model-based Fair Value estimate is 26.86 TWD, 71% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 44.07 TWD per share, and 0 of the 25 models we run sit above the 91.30 TWD price.
Bear case: the Dividend Discount group reads lowest at 3.93 TWD, and 25 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: 17.77 TWD (bear) to 38.83 TWD (bull), the price of 91.30 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.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Parpro Corp reported revenue of 3.6B TWD in FY2025 versus 2.1B TWD in FY2021, a compound +14.5%/yr. Reported net income was 190M TWD in FY2025, compounding +15.6%/yr from FY2021.
Key figures
Market cap 11.2B TWD (≈ $342M) Small · P/E ratio 14.1 · P/S ratio 2.55 · EPS (TTM) 6.47 TWD · Dividend yield 0.5% · Net margin 18.4% · Return on equity 26.6% · Return on assets (EBIT) 4.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 108% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −71%, 4916 screens richer than that median.
Fair Value models
Bear17.77 TWDFair Value 26.86 TWDBull38.83 TWD
Price 91.30 TWD · Downside -70.6%
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 (5.12 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
FCF DCF10.98 TWD12.34 TWD14.09 TWD82
Growth DCF10.98 TWD12.13 TWD13.53 TWD80
Owner Earnings13.04 TWD15.28 TWD18.16 TWD78
All 25 models by family
DCF Models
FCF DCF10.98 TWD12.34 TWD14.09 TWD82
Owner Earnings13.04 TWD15.28 TWD18.16 TWD78
5Y Revenue Exit20.90 TWD31.60 TWD45.68 TWD72
5Y EBITDA Exit31.05 TWD50.88 TWD74.61 TWD74
5Y P/E Exit25.61 TWD40.55 TWD56.61 TWD70
10Y Revenue Exit15.93 TWD23.72 TWD34.79 TWD66
10Y EBITDA Exit22.06 TWD35.36 TWD54.09 TWD67
10Y P/E Exit19.05 TWD29.13 TWD42.09 TWD63
Earnings-Based
Graham-Dodd10.50 TWD35.30 TWD47.30 TWD64
Lynch FV8.04 TWD11.49 TWD14.94 TWD61
PEG = 1.08.04 TWD11.49 TWD14.94 TWD57
EPV21.26 TWD22.91 TWD24.24 TWD74
Dividend Discount
Gordon GGM2.41 TWD4.08 TWD5.33 TWD68
DDM Multi-Stage2.41 TWD3.77 TWD4.38 TWD67
Multiples
P/E Multiple32.43 TWD43.24 TWD54.05 TWD63
P/S Multiple19.69 TWD26.25 TWD32.82 TWD58
P/B Multiple33.67 TWD44.89 TWD56.12 TWD55
EV/EBIT42.81 TWD57.05 TWD71.28 TWD66
EV/EBITDA43.26 TWD57.65 TWD72.03 TWD67
EV/Revenue21.70 TWD30.95 TWD40.20 TWD53
Asset-Based
NCAV (Graham)7.35 TWD11.14 TWD13.93 TWD54
Growth DCF
Growth DCF10.98 TWD12.13 TWD13.53 TWD80
Economic Profit
Residual Income17.85 TWD17.63 TWD18.53 TWD76
ROIC Compounder21.26 TWD22.91 TWD24.24 TWD72
Growth Earnings
Growth-Adj P/E26.75 TWD38.22 TWD49.69 TWD67
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.40/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+0.9%
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.
+9.1%
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.
+1.3%
Start year 2020 (pandemic). Over 10 years: +9.5% 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.
+10.9%
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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.
−14.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−14.9%
Dividend (yield on the price)0.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.6.6% vs 5.8%, steady
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.−3% → 8%
2025 sits 150% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
Price, fair value, quality and upside side by side.
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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.Computer Hardware · 213 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside−70.6% · Bottom 25%
Profitability
Return on equity (12 months)26.6% · Top 25%
Return on assets3.8% · Above median
Net margin (12 months)18.4% · Top 25%
Operating margin (12 months)10.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)76.3% · Top 25%
Dividend yield (12 months)0.5% · Bottom 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/E (12 months)14.1× · Cheaper than median
P/B3.68× · Priciest 25%
P/S (12 months)2.55× · Pricier than median
EV/EBITDA24.1× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)100· sector 84
PAST (return on equity)100· sector 33
HEALTH (low debt)97· sector 97
DIVIDEND (yield)11· sector 50
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). "Parpro Corp Fair Value". https://www.fairvalue-calculator.com/stock/4916
Frequently asked questions
Is Parpro Corp (4916) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 26.86 TWD versus a price of 91.30 TWD, about 71% lower (overvalued).
What is the fair value of 4916?
Our model-based fair value for Parpro Corp is 26.86 TWD (as of Nov 5, 2026), built from audited fundamentals. The current price: 91.30 TWD.
What is the quality score of 4916?
Parpro Corp 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 Parpro Corp (4916)?
Our model-based price target is the fair value of 26.86 TWD (as of Nov 5, 2026) from 25 valuation models. Cautious scenario 17.77 TWD, optimistic scenario 38.83 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Parpro Corp stock forecast for 2026?
Our models put fair value at 26.86 TWD, about 71% lower versus a price of 91.30 TWD (overvalued). Cautious scenario 17.77 TWD, optimistic scenario 38.83 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Parpro Corp (4916)?
Parpro Corp reported trailing-twelve-month revenue of about 4.4B TWD (latest available figure, as of Nov 5, 2026).
Does Parpro Corp pay a dividend?
Parpro Corp currently shows a dividend yield of 0.55% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Parpro Corp (4916) and when is the ex-dividend date?
Parpro Corp pays a dividend of 0.5 TWD per share a year, a dividend yield of 0.5%. The last ex-dividend date was Jul 30, 2026. A dividend has been paid every year since at least 2011. The payout ratio is 7.7% of earnings. Free cash flow covers the dividend 0.25 times. Our assessment: Token dividend. At a yield of 0.5% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.5% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What growth is priced into Parpro Corp (4916)?
For today's price to be fair in a discounted-cash-flow model, Parpro Corp would have to grow free cash flow by more than 80 % per year for five years (discount rate 12.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.3 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 4916 use?
Our models discount Parpro Corp at 12.3 %: a base by market capitalisation (small), damped by beta 1.17, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Parpro Corp that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.3 %) and the same formula as our fair value.
How much growth has Parpro Corp (4916) delivered so far?
Over the past 5 years revenue at Parpro Corp grew +1.3 % a year. The price currently implies free-cash-flow growth of more than 80 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Parpro Corp (4916) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Parpro Corp (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Parpro Corp (4916)?
The free-cash-flow yield on the price is 0.14 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Parpro Corp produces per unit of market value. When it exceeds the discount rate of our models (12.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Parpro Corp (4916)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Parpro Corp it is 26.86 TWD per share (as of Nov 5, 2026), against a price of 91.30 TWD. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Parpro Corp stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 4916 trades above its calculated fair value: price 91.30 TWD, fair value 26.86 TWD, a gap of about −71% (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 4916?
No. The price is what the market pays today (91.30 TWD); the fair value is what the company's own numbers justify (26.86 TWD). For Parpro Corp the two are 64.44 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Parpro Corp worth?
The market values Parpro Corp at about 11.2B TWD (market capitalisation, as of Nov 5, 2026). Per share that is 91.30 TWD; our models calculate a fair value of 26.86 TWD per share.
What do the bullish and bearish scenarios say about 4916?
Our models span a range for Parpro Corp: cautious scenario 17.77 TWD, base 26.86 TWD, optimistic 38.83 TWD per share (as of Nov 5, 2026, price 91.30 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4916?
Parpro Corp trades at a price-to-earnings ratio of 14.1 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 26.86 TWD is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2025), reported earnings: 30.8. Other multiples: P/B 3.7, P/S 2.6, EV/EBITDA 24.1.
How solid is the balance sheet of Parpro Corp (4916)?
Balance-sheet figures for Parpro Corp (as of Nov 5, 2026): return on equity 26.6%, debt of 0.05 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 4916 from its 52-week high?
Parpro Corp trades at 91.30 TWD, about 27% below its 52-week high of 124.50 TWD and 108% above the low of 43.85 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 26.86 TWD is for.
Which stocks are comparable to Parpro Corp?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, 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 Parpro Corp stock attractive at the current price?
The data as of Nov 5, 2026: price 91.30 TWD, calculated fair value 26.86 TWD (−71%), Quality Score 45/100, from 25 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 4916 calculated?
We run Parpro Corp through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 26.86 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 13.3% above its aggregate fair value. Parpro Corp 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 Parpro Corp (4916)?
The closing price on Nov 9, 2026 was 91.30 TWD. Our model-based fair value is 26.86 TWD, about 71% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Parpro Corp right now?
The price sits above even our optimistic bull case (38.83 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. A fairly wide model range (17.77 TWD to 38.83 TWD) leaves room in how you read the outcome.
Where does the earnings growth of Parpro Corp (4916) come from?
Earnings per share at Parpro Corp grew −1.8 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.0 %, EBIT margin +2.6 %, tax rate −3.8 %, residual (interest, one-offs) −3.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Parpro Corp
How large is the market capitalisation of Parpro Corp (4916)?
The market capitalisation of Parpro Corp is 11.2B TWD (≈ $342M). 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 Parpro Corp (4916)?
The price-to-sales ratio of Parpro Corp is 2.55 (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 Parpro Corp (4916)?
Earnings per share at Parpro Corp are 6.47 TWD (price ÷ EPS = P/E 14.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Parpro Corp (4916)?
The dividend yield of Parpro Corp is 0.5% (payout 7.7%). 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 Parpro Corp (4916)?
The net margin of Parpro Corp is 18.4% (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 Parpro Corp (4916)?
The return on equity (ROE) of Parpro Corp is 26.6% (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 Parpro Corp (4916)?
On an EBIT basis the return on assets of Parpro Corp is 4.5% (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 Parpro Corp (4916)?
The operating margin of Parpro Corp is 10.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Parpro Corp (4916)?
Revenue at Parpro Corp is growing +76.3% versus a year earlier (3y avg +9.1%). 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 Parpro Corp (4916)?
Earnings per share at Parpro Corp are growing +22.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Parpro Corp (4916) hold?
Parpro Corp holds more cash than debt, 13.5M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 5, 2026