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NewSoft Technology Corporation (5202) Fair Value & Analysis

Technology · TW · Market cap 1.2B TWD (≈ $36.7M)

What is NewSoft Technology Corporation really worth?

NT NewSoft Technology Corporation 5202 · TWO
Price11.80 TWD
Fair Value4.44 TWD
Upside−62.4%
Quality48/100

Below-average quality, and trading another 166% above our fair value of 4.44 TWD.

As of Aug 20, 2026, the fair value of NewSoft Technology Corporation is 4.44 TWD per share against a price of 11.80 TWD, so the fair value sits 62% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 3y −3.8 %/yr)
!Loss-making · -27.0% net margin
!negative free cash flow
!Trails peers (2/9)
!Narrow moat 11/100
!Evidence only low, so the estimate is less certain

For context

·1.69% dividend yield
Evidence: Low Range 4.10 TWD – 4.95 TWD

Fair value as of: Aug 20, 2026

From 3 valuation models · updated 17 days ago

Share price +0.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (4.95 TWD). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

32.00 TWD 11.35 TWD Fair Value 4.44 TWD Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range 11.35 TWD – 32.00 TWD · fair‑value band 4.10 TWD – 4.95 TWD · the 11.80 TWD price screens above the 4.44 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

NewSoft Technology Corporation (5202) currently trades at 11.80 TWD, while our model-based Fair Value estimate is 4.44 TWD, implying the stock looks roughly 165.7% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Technology sector. Bull case: the Asset-Based group reads highest at a median of 8.71 TWD per share, and 0 of the 3 models we run sit above the 11.80 TWD price. Bear case: the Dividend Discount group reads lowest at 4.19 TWD, and 3 of the 3 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, NewSoft Technology Corporation generated revenue of 149M TWD at a net margin of −27.0%. Revenue declined 4.2% year over year. It earns a return on equity of −3.4%. Fundamentals as of Aug 20, 2026

Our scenario range runs from 4.10 TWD (bear case) to 4.95 TWD (bull case); at 11.80 TWD, the current price sits above 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 49% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −36% fair-value upside, at −62%, 5202 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Gordon GGM best evidence 3.88 TWD 4.19 TWD 4.64 TWD 67
DDM Multi-Stage 3.88 TWD 4.62 TWD 5.58 TWD 65
NCAV (Graham) 6.50 TWD 8.71 TWD 13.00 TWD 51
All 3 models by family
Dividend Discount
Gordon GGM best evidence 3.88 TWD 4.19 TWD 4.64 TWD 67
DDM Multi-Stage 3.88 TWD 4.62 TWD 5.58 TWD 65
Asset-Based
NCAV (Graham) 6.50 TWD 8.71 TWD 13.00 TWD 51

Widest divergence: Asset-Based (8.71 TWD) versus Dividend Discount (4.19 TWD). Highest evidence: Gordon GGM (67).

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Key figures & financial health

P/S ratio 8.98 TTM
EPS (TTM) −0.6100 TWD
Dividend yield 1.7%
Net margin −36.4% FY2025
Return on equity −3.4% TTM
Return on assets (EBIT) −6.4% avg 5y
More key figures
Profitability
Operating margin −61.3% TTM
Growth
Revenue (TTM) 149M TWD TTM
Revenue growth (YoY) −4.2% 3y avg −3.8%
Balance sheet & cash flow
Free cash flow −108M TWD FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 50 · Market factors (momentum, volatility) 31

Profitability 4
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 82
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

NewSoft Technology Corporation, a technology company, provides digital transformation services for enterprises in Taiwan, China, Japan, and internationally.

Full company description

NewSoft Technology Corporation, a technology company, provides digital transformation services for enterprises in Taiwan, China, Japan, and internationally. The company offers AI-OCR digital transformation product, such as Taiwan Invoice Recognition System; employee expense reimbursement; document recognition; smart ID Card recognition system; AI-OCR text recognition solution; auto document naming system; Presto! PageManager 10; and Presto! BizCard 8 products. It also provides Pro OA enterprise mobile office products, including business process management, ISO document management system, and HR attendance systems; and NewSoftOA workflow and EIP solutions comprising workflow, attendance, document management, electronic document, customer management, project management, payroll management, and enterprise EIP systems. NewSoft Technology Corporation was incorporated in 1987 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NewSoft Technology Corporation reported revenue of 150M TWD in FY2025 versus 183M TWD in FY2021, a compound −4.8%/yr. Reported net income was −54.6M TWD in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
150M TWD
Latest YoY
−8.3%
Avg. revenue 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.
−3.8%
EBIT margin (trend) 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.
−55.3% (2021) → −32.4% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −4.8%/yr
FY21 183M TWD
FY22 169M TWD
FY23 135M TWD
FY24 164M TWD
FY25 150M TWD
Net income
FY21 −18.8M TWD
FY22 −78.8M TWD
FY23 162M TWD
FY24 156M TWD
FY25 −54.6M TWD

5202 screens 166% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "NewSoft Technology Corporation Fair Value". https://www.fairvalue-calculator.com/stock/5202.TWO

Peer Group

Software - Application · 691 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 48 · Below median
Fair Value upside −62% · Below median
Return on assets −2% · Below median
Net margin (TTM) −27% · Bottom 25%
Operating margin (TTM) −61% · Bottom 25%
Revenue growth −4% · Below median
Dividend yield (TTM) 1.7% · Above median

Valuation Multiples vs Software - Application median · lower = cheaper

P/S (TTM) 0.25× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 36
PAST0 · sector 12
HEALTH0 · sector 98
DIVIDEND34 · sector 28

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAP €191.32 €169.59 −11%
Shopify Inc SHOP C$209.78 C$28.76 −86%
Uber Technologies, Inc UBER $78.82 $43.66 −45%
Salesforce, Inc CRM $259.23 $249.28 −4%
ServiceNow, Inc NOW $138.43 $43.73 −68%
Cadence Design Systems, Inc CDNS $340.39 $112.57 −67%
Snowflake Inc SNOW $329.11 $42.27 −87%
Adobe Inc ADBE $266.51 $454.04 +70%
Automatic Data Processing, Inc ADP $277.62 $177.51 −36%
Intuit Inc INTU $332.70 $363.46 +9%

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Frequently asked questions

Is NewSoft Technology Corporation (5202) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of 4.44 TWD versus a price of 11.80 TWD, about −62% upside (overvalued).
What is the fair value of 5202?
Our model-based fair value for NewSoft Technology Corporation is 4.44 TWD (as of Aug 20, 2026), built from audited fundamentals. The current price: 11.80 TWD.
What is the quality score of 5202?
NewSoft Technology Corporation has a Quality Score of 48/100. 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 NewSoft Technology Corporation (5202)?
Our model-based price target is the fair value of 4.44 TWD (as of Aug 20, 2026) from 3 valuation models. Cautious scenario 4.10 TWD, optimistic scenario 4.95 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the NewSoft Technology Corporation stock forecast for 2026?
Our models put fair value at 4.44 TWD, about −62% upside versus a price of 11.80 TWD (overvalued). Cautious scenario 4.10 TWD, optimistic scenario 4.95 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of NewSoft Technology Corporation (5202)?
NewSoft Technology Corporation reported trailing-twelve-month revenue of about 149M TWD (latest available figure, as of Aug 20, 2026).
What is the net profit margin of 5202?
The net profit margin of NewSoft Technology Corporation is about −27.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does NewSoft Technology Corporation pay a dividend?
NewSoft Technology Corporation currently shows a dividend yield of about 1.69% relative to its recent price (as of Aug 20, 2026).
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