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ASMedia Technology Inc (5269) Fair Value & Analysis

Technology · TW · Market cap 110B TWD

AT ASMedia Technology Inc 5269 · TW
Price1,400 TWD
Fair Value1,028 TWD
Upside-26.6%
Quality65/100
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Healthy Growth
Highly profitable · 42.1% net margin
generates free cash flow
2.87% dividend yield
Ranks above peers (11/13)
Wide moat 73/100
Evidence: High Range 786.14 TWD – 1,614 TWD Share as image

Fair value as of: Jul 14, 2026

From 26 valuation models · updated 26 days ago

Share price −8.2% over the past month.

A solid business, but screening 27% overvalued on our models.

What matters now

  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (786.14 TWD to 1,614 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

2,550 TWD 535.87 TWD Fair Value 1,028 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 535.87 TWD – 2,550 TWD · fair‑value band 786.14 TWD – 1,614 TWD · the 1,400 TWD price screens above the 1,028 TWD fair value. Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

ASMedia Technology Inc (5269) currently trades at 1,400 TWD, while our model-based Fair Value estimate is 1,028 TWD, implying the stock looks roughly 26.6% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, ASMedia Technology Inc generated revenue of 14.4B TWD at a net margin of 42.1%. Revenue grew 39.4% year over year. It earns a return on equity of 16.8%. The balance sheet holds a net cash position of 4.9B TWD. Fundamentals as of Jul 14, 2026

Our scenario range runs from 786.14 TWD (bear case) to 1,614 TWD (bull case); at 1,400 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 32% below its 52-week high and 35% 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 -27%, 5269 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 BearBaseBull Evidence
Highest evidence
Residual Income 487.73 TWD 634.24 TWD 1,646 TWD 76
Growth DCF 794.25 TWD 1,420 TWD 2,683 TWD 72
Gordon GGM 277.33 TWD 576.63 TWD 914.77 TWD 70
All 26 models by family
DCF Models
FCF DCF 840.18 TWD 1,283 TWD 2,695 TWD 38
Owner Earnings 1,183 TWD 2,607 TWD 5,596 TWD 31
5Y Revenue Exit 534.21 TWD 834.55 TWD 1,458 TWD 39
5Y EBITDA Exit 721.67 TWD 1,214 TWD 2,178 TWD 41
5Y P/E Exit 1,106 TWD 2,476 TWD 4,357 TWD 38
10Y Revenue Exit 616.40 TWD 1,172 TWD 1,502 TWD 36
10Y EBITDA Exit 767.37 TWD 1,574 TWD 2,983 TWD 37
10Y P/E Exit 1,047 TWD 2,398 TWD 4,685 TWD 35
Earnings-Based
Graham-Dodd 497.54 TWD 3,470 TWD 4,869 TWD 54
Lynch FV 1,273 TWD 1,818 TWD 2,364 TWD 50
PEG = 1.0 1,273 TWD 1,818 TWD 2,364 TWD 46
EPV 473.25 TWD 540.91 TWD 600.11 TWD 59
Dividend Discount
Gordon GGM 277.33 TWD 576.63 TWD 914.77 TWD 70
DDM Multi-Stage 277.33 TWD 486.23 TWD 605.19 TWD 61
Multiples
P/E Multiple 1,098 TWD 1,463 TWD 1,829 TWD 63
P/S Multiple 339.18 TWD 452.24 TWD 565.30 TWD 58
P/B Multiple 932.88 TWD 1,244 TWD 1,555 TWD 55
EV/EBIT 788.21 TWD 1,029 TWD 1,269 TWD 53
EV/EBITDA 655.19 TWD 851.16 TWD 1,047 TWD 54
EV/Revenue 383.84 TWD 519.51 TWD 655.18 TWD 43
Asset-Based
NCAV (Graham) 243.69 TWD 326.55 TWD 487.38 TWD 50
Growth DCF
Growth DCF 794.25 TWD 1,420 TWD 2,683 TWD 72
Rev-Margin DCF 534.21 TWD 945.69 TWD 1,703 TWD 67
Economic Profit
Residual Income 487.73 TWD 634.24 TWD 1,646 TWD 76
ROIC Compounder 473.25 TWD 619.74 TWD 780.48 TWD 67
Growth Earnings
Growth-Adj P/E 1,606 TWD 2,294 TWD 2,983 TWD 68

Widest divergence: Growth Earnings (2,294 TWD) versus Asset-Based (326.55 TWD). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 14.4B TWD
Revenue growth (YoY) +39.4%
Net margin 42.1%
Return on equity 16.8%
Free cash flow 3.4B TWD FY2025
P/E ratio 21.1
More key figures
Operating margin 23.1%
EPS (TTM) 72.44 TWD
Dividend yield 2.9%
EPS growth (YoY) +46.8%
Net cash 4.9B TWD FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 67 · Market factors (momentum, volatility) 34

Profitability 57
Margins and returns on capital today
Quality Growth 82
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 53
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

ASMedia Technology Inc. engages in the design, development, and sale of high-speed switch, PCIe bridge, and USB controller integrated circuits in the Americas, Mainland China, Southeast Asia, Northeast Asia, and internationally. The company offers SATA bridges and controllers, ASIC solutions, and PDK/KGD products, as well as custom chip solutions.

Full company description

ASMedia Technology Inc. engages in the design, development, and sale of high-speed switch, PCIe bridge, and USB controller integrated circuits in the Americas, Mainland China, Southeast Asia, Northeast Asia, and internationally. The company offers SATA bridges and controllers, ASIC solutions, and PDK/KGD products, as well as custom chip solutions. It serves motherboard and OEM companies. The company was incorporated in 2004 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ASMedia Technology Inc reported revenue of 13.4B TWD in FY2025 versus 6.0B TWD in FY2021, a compound +22.2%/yr. Reported net income was 5.4B TWD in FY2025, compounding +14.2%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
13.4B TWD
Latest YoY
+66.0%
Avg. growth/yr (3Y)
+36.7%
Avg. growth/yr (5Y)
+13.9%
Avg. growth/yr (17Y)
+24.7%
Revenue +22.2%/yr
FY21 6.0B TWD
FY22 5.2B TWD
FY23 6.4B TWD
FY24 8.1B TWD
FY25 13.4B TWD
Net income +14.2%/yr
FY21 3.2B TWD
FY22 2.6B TWD
FY23 2.2B TWD
FY24 3.7B TWD
FY25 5.4B TWD

5269 screens 27% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "ASMedia Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/5269

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.

Quality Score 65 · Above median
Fair Value upside −27% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 42% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 39% · Top 25%
Dividend yield (TTM) 2.9% · Top 25%

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 20.5× · Cheaper than 75% of peers
P/B 3.04× · Cheaper than median
P/S (TTM) 7.62× · Pricier than median
P/FCF 1.0× · Cheaper than median
EV/EBITDA 23.6× · Pricier 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 0 · sector 0
FUTURE 100 · sector 60
PAST 67 · sector 24
HEALTH 0 · sector 97
DIVIDEND 57 · sector 22

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

Insider activity: 40/100

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 14, 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 ZMIC C$52.57 C$7.50 -86%
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 ASMedia Technology Inc (5269) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 1,028 TWD versus a price of 1,400 TWD, about −27% (overvalued).
What is the fair value of 5269?
Our model-based fair value for ASMedia Technology Inc is 1,028 TWD (as of Jul 14, 2026), built from audited fundamentals. The current price is 1,400 TWD.
What is the quality score of 5269?
ASMedia Technology Inc has a Quality Score of 65/100. 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 ASMedia Technology Inc (5269)?
ASMedia Technology Inc reported trailing-twelve-month revenue of about 14.4B TWD (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 5269?
The net profit margin of ASMedia Technology Inc is about 42.1%, meaning it keeps roughly 42.1% of revenue as net income. Based on the latest reported figures.
Does ASMedia Technology Inc pay a dividend?
ASMedia Technology Inc currently shows a dividend yield of about 2.87% relative to its recent price (as of Jul 14, 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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