Pegatron Corporation (4938) Fair Value & Analysis

Technology · TW · Market cap 220B TWD

Below-average quality, and screening another 21% overvalued on our models.

What matters now

• Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
• Our model range runs from 56.34 TWD (bear) to 89.96 TWD (bull), base 69.20 TWD. The closer the price sits to the lower half, the larger the margin of safety.
• Quality 43/100 (below-average quality) with medium evidence: read the verdict with care.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 52.20 TWD – 120.00 TWD · fair‑value band 56.34 TWD – 89.96 TWD · the 87.10 TWD price screens above the 69.20 TWD fair value. Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

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

Analysis

Pegatron Corporation (4938) currently trades at 87.10 TWD, while our model-based Fair Value estimate is 69.20 TWD, implying the stock looks roughly 20.6% overvalued today. The Quality Score stands at 43/100 (below-average 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: medium).

Over the trailing twelve months, Pegatron Corporation generated revenue of 1.1T TWD at a net margin of 1.1%. Revenue declined 10.4% year over year. It earns a return on equity of 6.5%. The balance sheet holds a net cash position of 44.3B TWD. Fundamentals as of Jul 15, 2026

Our scenario range runs from 56.34 TWD (bear case) to 89.96 TWD (bull case); at 87.10 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 15% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -21%, 4938 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.

Widest divergence: Multiples (95.51 TWD) versus Asset-Based (51.80 TWD). Highest evidence: Residual Income (76).

Key figures & financial health

Quality Score breakdown

About the company

Pegatron Corporation, together with its subsidiaries, designs, develops, manufactures, and sells computer, communication, and consumer electronic products in Europe, the United States, Taiwan, China, Japan, and internationally.

Full company description

Pegatron Corporation, together with its subsidiaries, designs, develops, manufactures, and sells computer, communication, and consumer electronic products in Europe, the United States, Taiwan, China, Japan, and internationally. The company offers notebooks, desktops, PCs, motherboards, rugged computers, and servers; tablets and game consoles; and smartphones, cable modems, set-top boxes, and network switches. It also provides automotive products; and smart electronics, including Internet of Things products, wearable devices, robots, virtual reality, and augmented reality products. In addition, the company offers after-sales services. Pegatron Corporation was incorporated in 2007 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pegatron Corporation reported revenue of 1.1T TWD in FY2025 versus 1.3T TWD in FY2021, a compound −3.0%/yr. Reported net income was 14.4B TWD in FY2025, compounding −8.5%/yr from FY2021.

4938 screens 21% overvalued. Compare with Compal Electronics, Inc →

Peer Group

Computer Hardware · 215 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.

Valuation Multiples vs Computer Hardware median · lower = cheaper

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.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Explore undervalued stocks

More undervalued Technology stocks →

Frequently asked questions

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.