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Feature Integration Technology Inc (4951) Fair Value & Analysis

Technology · TW · Market cap 2.7B TWD

FI Feature Integration Technology Inc 4951 · TWO
Price79.40 TWD
Fair Value82.69 TWD
Upside+4.1%
Quality79/100
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Healthy Growth
Highly profitable · 40.2% net margin
Low debt · generates free cash flow
5.87% dividend yield
Ranks above peers (12/14)
Wide moat 83/100
Evidence: High Range 57.86 TWD – 108.61 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 83.06 TWD to 82.69 TWD (−0.4%) since Jul 11, 2026. Share price −10.0% over the past month.

A strong business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (57.86 TWD to 108.61 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

134.73 TWD 24.42 TWD Fair Value 82.69 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 24.42 TWD – 134.73 TWD · fair‑value band 57.86 TWD – 108.61 TWD · the 79.40 TWD price screens below the 82.69 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Feature Integration Technology Inc (4951) currently trades at 79.40 TWD, while our model-based Fair Value estimate is 82.69 TWD, implying the stock looks roughly 4.1% fairly valued today. The Quality Score stands at 79/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Feature Integration Technology Inc generated revenue of 547M TWD at a net margin of 40.2%. Revenue grew 4.9% year over year. It earns a return on equity of 23.9%. The balance sheet holds a net cash position of 132M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 57.86 TWD (bear case) to 108.61 TWD (bull case); at 79.40 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 43% below its 52-week high and 34% 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 4%, 4951 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 57.96 TWD 79.41 TWD 108.67 TWD 80
Residual Income 36.60 TWD 46.21 TWD 136.02 TWD 76
Rev-Margin DCF 43.64 TWD 60.45 TWD 79.77 TWD 74
All 26 models by family
DCF Models
FCF DCF 57.22 TWD 81.45 TWD 116.59 TWD 38
Owner Earnings 76.00 TWD 109.78 TWD 158.76 TWD 31
5Y Revenue Exit 43.64 TWD 59.96 TWD 80.24 TWD 39
5Y EBITDA Exit 59.30 TWD 89.06 TWD 123.38 TWD 41
5Y P/E Exit 77.51 TWD 122.87 TWD 170.21 TWD 38
10Y Revenue Exit 47.50 TWD 63.31 TWD 83.57 TWD 36
10Y EBITDA Exit 58.04 TWD 82.98 TWD 115.54 TWD 37
10Y P/E Exit 69.35 TWD 105.84 TWD 150.25 TWD 35
Earnings-Based
Graham-Dodd 40.69 TWD 122.27 TWD 162.04 TWD 54
Lynch FV 25.97 TWD 37.10 TWD 48.22 TWD 50
PEG = 1.0 25.97 TWD 37.10 TWD 48.22 TWD 46
EPV 50.80 TWD 57.31 TWD 62.93 TWD 59
Dividend Discount
Gordon GGM 28.10 TWD 56.00 TWD 84.80 TWD 70
DDM Multi-Stage 28.10 TWD 44.98 TWD 59.11 TWD 61
Multiples
P/E Multiple 89.75 TWD 119.66 TWD 149.58 TWD 63
P/S Multiple 29.69 TWD 39.58 TWD 49.48 TWD 58
P/B Multiple 65.16 TWD 86.88 TWD 108.61 TWD 55
EV/EBIT 77.61 TWD 100.30 TWD 122.99 TWD 53
EV/EBITDA 67.01 TWD 86.17 TWD 105.32 TWD 54
EV/Revenue 37.25 TWD 49.13 TWD 61.00 TWD 43
Asset-Based
NCAV (Graham) 14.48 TWD 19.40 TWD 28.96 TWD 50
Growth DCF
Growth DCF 57.96 TWD 79.41 TWD 108.67 TWD 80
Rev-Margin DCF 43.64 TWD 60.45 TWD 79.77 TWD 74
Economic Profit
Residual Income 36.60 TWD 46.21 TWD 136.02 TWD 76
ROIC Compounder 53.42 TWD 63.95 TWD 75.70 TWD 72
Growth Earnings
Growth-Adj P/E 73.70 TWD 105.28 TWD 136.86 TWD 68

Widest divergence: Growth Earnings (105.28 TWD) versus Asset-Based (19.40 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 547M TWD
Revenue growth (YoY) +4.9%
Net margin 40.2%
Return on equity 23.9%
Free cash flow 152M TWD FY2025
P/E ratio 13.4
More key figures
Operating margin 29.1%
EPS (TTM) 5.86 TWD
Dividend yield 5.9%
EPS growth (YoY) +35.2%
Net cash 132M TWD FY2023

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 79/100

Of which business quality 76 · Market factors (momentum, volatility) 52

Profitability 74
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 44
Distance to the 52-week high (market factor)
Net Issuance 68
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

Feature Integration Technology Inc. engages in the research, development, marketing, and sale of integrated circuit (ICs) chips in Taiwan. It offers super I/O products and bridge products; hardware monitors, such as temperature sensors and fan controls; transceivers; and power management products.

Full company description

Feature Integration Technology Inc. engages in the research, development, marketing, and sale of integrated circuit (ICs) chips in Taiwan. It offers super I/O products and bridge products; hardware monitors, such as temperature sensors and fan controls; transceivers; and power management products. Its products are used in industrial computers, personal computers, computer peripherals, and information appliances. Feature Integration Technology Inc. was founded in 1991 and is headquartered in Zhubei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Feature Integration Technology Inc reported revenue of 541M TWD in FY2025 versus 558M TWD in FY2021, a compound −0.8%/yr. Reported net income was 204M TWD in FY2025, compounding +14.9%/yr from FY2021.

Growth Quality 84/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
541M TWD
Latest YoY
+4.9%
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.
+0.8%
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.
+7.3%
Avg. growth/yr (6Y) 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.
+9.0%
Revenue −0.8%/yr
FY21 558M TWD
FY22 528M TWD
FY23 409M TWD
FY24 516M TWD
FY25 541M TWD
Net income +14.9%/yr
FY21 117M TWD
FY22 146M TWD
FY23 113M TWD
FY24 145M TWD
FY25 204M TWD

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Cite: Fair Value Calculator (2026). "Feature Integration Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/4951

Peer Group

Semiconductors · 318 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 79 · Top 25%
Fair Value upside +4% · Top 25%
Return on equity (TTM) 24% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 40% · Top 25%
Operating margin (TTM) 29% · Top 25%
Revenue growth 5% · Below median
Dividend yield (TTM) 5.9% · Top 25%

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 13.4× · Cheaper than 75% of peers
P/B 2.71× · Cheaper than median
P/S (TTM) 4.90× · Pricier than median
P/FCF 0.5× · Cheaper than 75% of peers
EV/EBITDA 12.3× · 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 39 · sector 0
FUTURE 25 · sector 60
PAST 96 · sector 25
HEALTH 100 · sector 97
DIVIDEND 100 · sector 22

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Feature Integration Technology Inc (4951) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 82.69 TWD versus a price of 79.40 TWD, about +4% (fairly valued).
What is the fair value of 4951?
Our model-based fair value for Feature Integration Technology Inc is 82.69 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 79.40 TWD.
What is the quality score of 4951?
Feature Integration Technology Inc has a Quality Score of 79/100. 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 Feature Integration Technology Inc (4951)?
Feature Integration Technology Inc reported trailing-twelve-month revenue of about 547M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 4951?
The net profit margin of Feature Integration Technology Inc is about 40.2%, meaning it keeps roughly 40.2% of revenue as net income. Based on the latest reported figures.
Does Feature Integration Technology Inc pay a dividend?
Feature Integration Technology Inc currently shows a dividend yield of about 4.55% relative to its recent price (as of Jul 21, 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.

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