Parade Technologies, Ltd (4966) Fair Value & Analysis
Technology · TW · Market cap 43.3B TWD
Fair value as of: Jul 20, 2026
From 26 valuation models · updated 20 days ago
Share price −9.7% over the past month.
A strong business, screening 17% undervalued on our models.
What matters now
- Our model range runs from 535.60 TWD (bear) to 848.75 TWD (bull), base 700.56 TWD. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 75/100 (high quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.
How to read this chart
60‑month range 435.91 TWD – 1,894 TWD · fair‑value band 535.60 TWD – 848.75 TWD · the 598.00 TWD price screens below the 700.56 TWD fair value. Dashed = 300-day average. As of Jul 20, 2026.
Analysis
Parade Technologies, Ltd (4966) currently trades at 598.00 TWD, while our model-based Fair Value estimate is 700.56 TWD, implying the stock looks roughly 17.2% undervalued today. The Quality Score stands at 75/100 (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, Parade Technologies, Ltd generated revenue of 16.4B TWD at a net margin of 15.8%. Revenue declined 3.9% year over year. It earns a return on equity of 11.7%. The balance sheet holds a net cash position of 8.2B TWD. Fundamentals as of Jul 20, 2026
Our scenario range runs from 535.60 TWD (bear case) to 848.75 TWD (bull case); at 598.00 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 36% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at 17%, 4966 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.
All 26 models by family
Widest divergence: DCF Models (956.42 TWD) versus Asset-Based (193.72 TWD). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 75 · Market factors (momentum, volatility) 39
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
Parade Technologies, Ltd., operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally.
Full company description
Parade Technologies, Ltd., operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally. It engages in research and development, and marketing, and sale of high-speed interface standards, and touch controller and display processing integrated circuit (IC) chips for products used in computers, consumer electronics, and display panels. The company's products portfolio comprises datacenter active copper cables, high-speed interface ICs, including PCI Express/SATA, USBs, DisplayPorts, HDMIs, and protocol converters; display and touch integrated system ICs, such as touch embedded TCONs and source drivers, touch and gate level shifters, embedded DisplayPort timing controllers, display panel source drivers, Tcons with embedded source drivers and touch, touch and display driver integrated products, and DisplayPort LCD monitor controllers; truetouch touch screen controllers; and automotive ICs, such as touch with embedded drivers, USB, display protocol converters, display Tcons, source drivers, and touch, PCI express interface, HDMI interface, and display interface. Parade Technologies, Ltd. was incorporated in 2005 and is based in Grand Cayman, Cayman Islands.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Parade Technologies, Ltd reported revenue of 16.5B TWD in FY2025 versus 20.0B TWD in FY2021, a compound −4.6%/yr. Reported net income was 2.7B TWD in FY2025, compounding −15.1%/yr from FY2021.
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Peer Group
Semiconductors · 319 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 Semiconductors 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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 20, 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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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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