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GCS Holdings (4991) Fair Value & Analysis

Technology · TW · Market cap 42.2B TWD

GH GCS Holdings 4991 · TWO
Price348.00 TWD
Fair Value407.16 TWD
Upside+17.0%
Quality71/100
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Evidence: High Range 163.25 TWD – 569.11 TWD 📤 Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated yesterday

Share price −38.5% over the past month.

Price vs Fair Value (12 months)

870.00 TWD 130.00 TWD Fair Value 407.16 TWD Jul 2025 Jul 2026

12‑month range 130.00 TWD – 870.00 TWD · fair‑value band 163.25 TWD – 569.11 TWD · the 348.00 TWD price screens below the 407.16 TWD fair value. As of Jul 20, 2026.

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Analysis

GCS Holdings (4991) currently trades at 348.00 TWD, while our model-based Fair Value estimate is 407.16 TWD, implying the stock looks roughly 17.0% undervalued today. We read business quality at 71/100 (solid 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, GCS Holdings generated revenue of 2.4B TWD at a net margin of 12.0%. Revenue grew 51.0% year over year. It earns a return on equity of 8.0%. The balance sheet holds a net cash position of 49.5M TWD. Fundamentals as of Jul 20, 2026

Our scenario range runs from 163.25 TWD (bear case) to 569.11 TWD (bull case); at 348.00 TWD, the current price sits within that range. The share trades about 61% below its 52-week high and 373% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -71% fair-value upside, at 17%, 4991 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 2.4B TWD
Revenue growth (YoY) +51.0%
Net margin 12.0%
Return on equity 8.0%
Free cash flow 336M TWD FY2025
P/E ratio 5,030.8
More key figures
Operating margin 25.5%
EPS (TTM) 0.1300 TWD
EPS growth (YoY) -90.7%
Net cash 49.5M TWD FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 20, 2026. TTM = trailing twelve months.

About the company

GCS Holdings, Inc., together with its subsidiaries, manufactures and sells compound semiconductor wafer and foundry related services in China, the United States, Taiwan, and internationally. It also researches, develops, manufactures, and sells optoelectronics technology products and optical chips, as well as grants royalty rights for intellectual property. The company engages in the wholesaling and retailing of electronic components; provision of product design, research development, and outsourcing management services; manufacturing and selling of semiconductor discrete devices, as well as photodiodes and avalanche photo diodes for telecommunication systems and data communication networks; and manufacturing, wholesaling, and retailing of telecommunication devices. In addition, it is involved in research, development, production, and sales of KGD-brand optoelectronic products, RF devices, power electronics devices, and optoelectronic devices wafer foundry; provides whole plant …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GCS Holdings reported revenue of 2.2B TWD in FY2025 versus 1.2B TWD in FY2021, a compound +15.4%/yr. Reported net income was 17.5M TWD in FY2025.

Revenue +15.4%/yr
FY21 1.2B TWD
FY22 1.3B TWD
FY23 1.4B TWD
FY24 1.8B TWD
FY25 2.2B TWD
Net income
FY21 −378M TWD
FY22 −940M TWD
FY23 −792M TWD
FY24 −237M TWD
FY25 17.5M TWD

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Cite: Fair Value Calculator (2026). "GCS Holdings Fair Value". https://www.fairvalue-calculator.com/stock/4991

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Frequently asked questions

Is GCS Holdings (4991) undervalued?
As of Jul 20, 2026, our model estimates a fair value of 407.16 TWD versus a price of 348.00 TWD, about +17% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 4991?
Our model-based fair value for GCS Holdings is 407.16 TWD (as of Jul 20, 2026), built from audited fundamentals. The current price is 348.00 TWD.
What is the quality score of 4991?
GCS Holdings has a Quality Score of 71/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of GCS Holdings (4991)?
GCS Holdings reported trailing-twelve-month revenue of about 2.4B TWD (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 4991?
The net profit margin of GCS Holdings is about 12.0%, meaning it keeps roughly 12.0% of revenue as net income. Based on the latest reported figures.

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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.