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Hyweb Technology Co Ltd (5212) Fair Value & Analysis

Technology · TW · Market cap 1.6B TWD (≈ $51.1M) · ISIN TW0005212005

What is Hyweb Technology Co Ltd really worth?

HT Hyweb Technology Co Ltd 5212 · TWO
Price46.40 TWD
Fair Value100.95 TWD
Upside+117.6%
Quality73/100

A solid business, trading 54% below our fair value of 100.95 TWD.

As of Aug 28, 2026, the fair value of Hyweb Technology Co Ltd is 100.95 TWD per share against a price of 46.40 TWD, so the fair value sits 118% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Healthy Growth (revenue 5y +5.5 %/yr)
Solidly profitable · 16.2% net margin
Moderate debt · generates free cash flow
Ranks above peers (12/14)
Wide moat 75/100

For context

·9.05% dividend yield
Evidence: High Range 61.94 TWD – 155.17 TWD

Fair value as of: Aug 28, 2026

From 26 valuation models · updated 9 days ago

Share price −1.3% over the past month.

What runs behind every stock

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

What matters now

  • The rarer combination: high quality (73/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (61.94 TWD). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (61.94 TWD to 155.17 TWD) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

69.90 TWD 33.11 TWD Fair Value 100.95 TWD Nov 2020 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range 33.11 TWD – 69.90 TWD · fair‑value band 61.94 TWD – 155.17 TWD · the 46.40 TWD price screens below the 100.95 TWD fair value. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Hyweb Technology Co Ltd (5212) currently trades at 46.40 TWD, while our model-based Fair Value estimate is 100.95 TWD, implying the stock looks roughly 54.0% undervalued today. The Quality Score stands at 73/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of 118.83 TWD per share, and 21 of the 26 models we run sit above the 46.40 TWD price. Bear case: the Asset-Based group reads lowest at 12.22 TWD, and 5 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Hyweb Technology Co Ltd generated revenue of 1.3B TWD at a net margin of 12.5%. Revenue grew 5.9% year over year. It earns a return on equity of 32.0%. The stock trades on a trailing P/E of 7.3. Fundamentals as of Aug 28, 2026

Our scenario range runs from 61.94 TWD (bear case) to 155.17 TWD (bull case); at 46.40 TWD, the current price sits below 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 23% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −32% fair-value upside, at 118%, 5212 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 0.3616 TWD per share, which is 0.4 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

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
FCF DCF 45.27 TWD 65.99 TWD 94.60 TWD 80
Growth DCF 45.31 TWD 62.93 TWD 85.54 TWD 79
Owner Earnings 55.39 TWD 81.15 TWD 116.71 TWD 76
All 26 models by family
DCF Models
FCF DCF 45.27 TWD 65.99 TWD 94.60 TWD 80
Owner Earnings 55.39 TWD 81.15 TWD 116.71 TWD 76
5Y Revenue Exit 51.20 TWD 81.94 TWD 121.78 TWD 72
5Y EBITDA Exit 69.98 TWD 117.91 TWD 175.05 TWD 74
5Y P/E Exit 73.81 TWD 125.25 TWD 180.61 TWD 70
10Y Revenue Exit 46.83 TWD 72.89 TWD 109.00 TWD 66
10Y EBITDA Exit 59.29 TWD 96.00 TWD 146.97 TWD 67
10Y P/E Exit 61.55 TWD 100.72 TWD 150.92 TWD 63
Earnings-Based
Graham-Dodd 32.24 TWD 112.57 TWD 151.33 TWD 64
Lynch FV 26.19 TWD 37.41 TWD 48.64 TWD 61
PEG = 1.0 26.19 TWD 37.41 TWD 48.64 TWD 57
EPV 46.26 TWD 52.07 TWD 56.92 TWD 74
Dividend Discount
Gordon GGM 27.19 TWD 49.00 TWD 67.45 TWD 68
DDM Multi-Stage 27.19 TWD 44.57 TWD 52.34 TWD 67
Multiples
P/E Multiple 99.57 TWD 132.77 TWD 165.96 TWD 63
P/S Multiple 60.46 TWD 80.61 TWD 100.76 TWD 58
P/B Multiple 60.46 TWD 80.61 TWD 100.76 TWD 55
EV/EBIT 110.22 TWD 145.75 TWD 181.29 TWD 66
EV/EBITDA 96.10 TWD 126.93 TWD 157.76 TWD 67
EV/Revenue 57.51 TWD 80.61 TWD 103.70 TWD 54
Asset-Based
NCAV (Graham) 9.12 TWD 12.22 TWD 18.24 TWD 54
Growth DCF
Growth DCF 45.31 TWD 62.93 TWD 85.54 TWD 79
Rev-Margin DCF 51.20 TWD 81.70 TWD 117.80 TWD 72
Economic Profit
Residual Income 24.96 TWD 30.48 TWD 75.94 TWD 69
ROIC Compounder 48.91 TWD 58.23 TWD 68.08 TWD 72
Growth Earnings
Growth-Adj P/E 83.18 TWD 118.83 TWD 154.47 TWD 67

Widest divergence: Growth Earnings (118.83 TWD) versus Asset-Based (12.22 TWD). Highest evidence: FCF DCF (80).

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Key figures & financial health

P/E ratio 7.3
P/S ratio 0.91 P/E × margin
EPS (TTM) 6.34 TWD price ÷ EPS = P/E 7.3
Dividend yield 9.1% payout 66.2%
Net margin 12.5% FY2025
Return on equity 41.8% TTM
More key figures
Profitability
Return on assets (EBIT) 14.0% avg 5y
Operating margin 18.1% TTM
Growth
Revenue (TTM) 1.4B TWD TTM
Revenue growth (YoY) +10.9% 3y avg +10.5%
EPS growth (YoY) +7.1%
Balance sheet & cash flow
Free cash flow 149M TWD FY2025

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 71 · Market factors (momentum, volatility) 49

Profitability 73
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 23
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

Hyweb Technology Co., Ltd., together with its subsidiaries, engages in the research and development of electronic government, book education, and electronic payment related software technologies in China and internationally.

Full company description

Hyweb Technology Co., Ltd., together with its subsidiaries, engages in the research and development of electronic government, book education, and electronic payment related software technologies in China and internationally. The company provides HyCMS, a website management platform; Greeting, a paperless conference system; HyEIP, an employee portal; HyCase, an application process engine; eServices, a customer service channel; AleGate; HyRead, an e-book solution and mobile library-reading display machine; HyLib, a library automation system; and Jumper, a library resource discovery service. It also offers consumer finance retail banking and payment; HyLoyal, a bonus points management system; HyPro, a credit card/debit card system; and HyPstar, a card issuing data preparation system. In addition, the company provides SpaceMe, a space management solution; HyMeet, a video conferencing platform; and FIDO online, and identity zero Information Security services, as well as Smart Library, comprising UHF RFID chip tags, security detection doors, self-service book borrowing and returning machines, automatic book borrowing and returning station systems, librarian work systems, RFID handheld book finding/inventory machines, and facial recognition systems. Further, it wholesales, retails, and services information software; manufactures information storage and processing equipment; researches, develops, and sells software programs; and engages in general publishing. The company was incorporated in 1998 and is headquartered in Zhubei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hyweb Technology Co Ltd reported revenue of 1.3B TWD in FY2025 versus 1.0B TWD in FY2021, a compound +7.0%/yr. Reported net income was 164M TWD in FY2025, compounding +15.3%/yr from FY2021.

Growth Quality 80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.3B TWD
Latest YoY
+15.9%
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.
+10.5%
Avg. revenue 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.
+5.5%
Avg. revenue growth/yr (8Y) 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.
+8.2%
Value creation/yr (5Y, in TWD) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+21.2% · in TWD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+12.1%
Dividend yield9.1%
Operating margin (EBIT) 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.13.3% (2020) → 15.6% (2025) · rising
Worst earnings drop16% (2021) · in TWD
Revenue +7.0%/yr
FY21 1.0B TWD
FY22 976M TWD
FY23 1.0B TWD
FY24 1.1B TWD
FY25 1.3B TWD
Net income +15.3%/yr
FY21 93.0M TWD
FY22 97.0M TWD
FY23 116M TWD
FY24 133M TWD
FY25 164M TWD

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Cite: Fair Value Calculator (2026). "Hyweb Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/5212.TWO

Peer Group

Software - Infrastructure · 368 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 73 · Top 25%
Fair Value upside +118% · Top 25%
Return on equity (TTM) 42% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 16% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 9.1% · Top 25%
Debt / equity 0.60× · Higher than 75% of peers

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 7.3× · Cheaper than 75% of peers
P/B 2.56× · Pricier than median
P/S (TTM) 1.19× · Cheaper than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 6.2× · 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
VALUE100 · sector 0
FUTURE55 · sector 49
PAST100 · sector 15
HEALTH70 · sector 98
DIVIDEND100 · sector 25

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 - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $480.35 $365.74 −24%
Oracle Corporation ORCL $151.94 $117.84 −22%
Fortinet, Inc FTNT $166.00 $61.46 −63%
Synopsys, Inc SNPS $442.61 $101.19 −77%
Block, Inc XYZ A$111.01 A$70.69 −36%
CoreWeave, Inc CRWV $105.26 $71.79 −32%
NetApp, Inc NTAP $190.64 $154.83 −19%
Adyen N.V ADYEN €1,007 €707.53 −30%
MongoDB, Inc MDB $440.58 $93.91 −79%
Okta, Inc OKTA $166.23 $30.50 −82%

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Frequently asked questions

Is Hyweb Technology Co Ltd (5212) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of 100.95 TWD versus a price of 46.40 TWD, about +118% upside (undervalued).
What is the fair value of 5212?
Our model-based fair value for Hyweb Technology Co Ltd is 100.95 TWD (as of Aug 28, 2026), built from audited fundamentals. The current price: 46.40 TWD.
What is the quality score of 5212?
Hyweb Technology Co Ltd has a Quality Score of 73/100. 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 Hyweb Technology Co Ltd (5212)?
Our model-based price target is the fair value of 100.95 TWD (as of Aug 28, 2026) from 26 valuation models. Cautious scenario 61.94 TWD, optimistic scenario 155.17 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Hyweb Technology Co Ltd stock forecast for 2026?
Our models put fair value at 100.95 TWD, about +118% upside versus a price of 46.40 TWD (undervalued). Cautious scenario 61.94 TWD, optimistic scenario 155.17 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Hyweb Technology Co Ltd (5212)?
Hyweb Technology Co Ltd reported trailing-twelve-month revenue of about 1.3B TWD (latest available figure, as of Aug 28, 2026).
What is the net profit margin of 5212?
The net profit margin of Hyweb Technology Co Ltd is about 12.5%, meaning it keeps roughly 12.5% of revenue as net income. Based on the latest reported figures.
Does Hyweb Technology Co Ltd pay a dividend?
Hyweb Technology Co Ltd currently shows a dividend yield of about 9.05% relative to its recent price (as of Aug 28, 2026).
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