InnoDisk (5289) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of InnoDisk stock TWD 185, price TWD 928, that is 80.1% below the price, quality 60 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range 117.83 TWD – 1,929 TWD · fair‑value band 114.51 TWD – 294.96 TWD · the 928.00 TWD price screens above the 184.96 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Innodisk Corporation researches, develops, manufactures, and sales industrial embedded storage devices in Taiwan, Asia, Japan, Germany, China, Europe, the United States, and internationally.
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The company offers flash storage products, such as solid state drives (SSDs); SATA Slim, nano SSD, compact flash memory card, SATADOM horizontal and vertical, embedded disk card; SD and MicroSD cards; USB and EDC; and CFexpress.
It also provides DRAM modules comprising industrial embedded DRAM memory modules, server workstation memory, wide temperature/ultra-temperature, and special customized solutions.
In addition, the company offers embedded peripherals comprising Power over Ethernet, Out of band, CANbus, serial, Digital I/O, LAN, Storage, disk arrays, display cards, camera modules, testing tools, InnoEx Virtual I/O, FGPA, and air sensor module; and software solutions.
Its products are used in the aerospace, embedded systems, server applications, casino gaming, in-vehicles, ICAP Air, and AIoT, as well as surveillance, automation, networking, healthcare, and retail markets. nnodisk Corporation was founded in 2005 and is headquartered in New Taipei City, Taiwan.
Stock analysis
InnoDisk (5289) currently trades at 928.00 TWD, while our model-based Fair Value estimate is 184.96 TWD, 80% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 507.62 TWD per share, and 0 of the 17 models we run sit above the 928.00 TWD price.
Bear case: the Asset-Based group reads lowest at 53.61 TWD, and 17 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: 114.51 TWD (bear) to 294.96 TWD (bull), the price of 928.00 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
InnoDisk reported revenue of 14.3B TWD in FY2025 versus 10.2B TWD in FY2021, a compound +8.8%/yr. Reported net income was 2.0B TWD in FY2025, compounding +6.9%/yr from FY2021.
Key figures
Market cap 91.2B TWD (≈ $2.8B) Mid · P/E ratio 5.3 · P/S ratio 2.06 · EPS (TTM) 175.96 TWD · Dividend yield 1.8% · Net margin 39.2% · Return on equity 113% · Return on assets (EBIT) 18.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 88 out of 100 (low confidence).
What moves the price
The share trades about 52% below its 52-week high and 112% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −80%, 5289 screens richer than that median.
Fair Value models
Bear114.51 TWDFair Value 184.96 TWDBull294.96 TWD
Price 928.00 TWD · Downside -80.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (136.74 TWD per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+60.0%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+11.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.8%
Start year 2020 (pandemic). Over 10 years: +12.5% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.7%
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What shareholders gained per year (last 5 years), in TWD (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+6.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.8%
Dividend (yield on the price)1.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.12.8% vs 12.4%, steady
Profit margin 2020 to 2025 ⓘ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.17% → 17%
2025 sits 68% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Computer Hardware · 213 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside−80.1% · Bottom 25%
Profitability
Return on equity (12 months)112.7% · Top 25%
Return on assets14.0% · Top 25%
Net margin (12 months)39.2% · Top 25%
Operating margin (12 months)58.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)641.1% · Top 25%
Dividend yield (12 months)1.8% · Below median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/E (12 months)5.3× · Cheapest 25%
P/B10.20× · Priciest 25%
P/S (12 months)2.06× · Pricier than median
EV/EBITDA4.1× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)100· sector 84
PAST (return on equity)100· sector 33
HEALTH (low debt)98· sector 97
DIVIDEND (yield)36· sector 50
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "InnoDisk Fair Value". https://www.fairvalue-calculator.com/stock/5289
Frequently asked questions
Is InnoDisk (5289) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 184.96 TWD versus a price of 928.00 TWD, about 80% lower (overvalued).
What is the fair value of 5289?
Our model-based fair value for InnoDisk is 184.96 TWD (as of Nov 3, 2026), built from audited fundamentals. The current price: 928.00 TWD.
What is the quality score of 5289?
InnoDisk has a Quality Score of 60/100. 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 InnoDisk (5289)?
Our model-based price target is the fair value of 184.96 TWD (as of Nov 3, 2026) from 17 valuation models. Cautious scenario 114.51 TWD, optimistic scenario 294.96 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the InnoDisk stock forecast for 2026?
Our models put fair value at 184.96 TWD, about 80% lower versus a price of 928.00 TWD (overvalued). Cautious scenario 114.51 TWD, optimistic scenario 294.96 TWD. The calculation is refreshed regularly with new filings.
Does InnoDisk pay a dividend?
InnoDisk currently shows a dividend yield of 1.78% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of InnoDisk (5289) and when is the ex-dividend date?
InnoDisk pays a dividend of 16.51 TWD per share a year, a dividend yield of 1.8%. The last ex-dividend date was Aug 27, 2026. A dividend has been paid every year since at least 2013. The payout ratio is 9.4% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of InnoDisk (5289)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For InnoDisk it is 184.96 TWD per share (as of Nov 3, 2026), against a price of 928.00 TWD. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is InnoDisk stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 5289 trades above its calculated fair value: price 928.00 TWD, fair value 184.96 TWD, a gap of about −80% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 5289?
No. The price is what the market pays today (928.00 TWD); the fair value is what the company's own numbers justify (184.96 TWD). For InnoDisk the two are 743.04 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is InnoDisk worth?
The market values InnoDisk at about 91.2B TWD (market capitalisation, as of Nov 3, 2026). Per share that is 928.00 TWD; our models calculate a fair value of 184.96 TWD per share.
What do the bullish and bearish scenarios say about 5289?
Our models span a range for InnoDisk: cautious scenario 114.51 TWD, base 184.96 TWD, optimistic 294.96 TWD per share (as of Nov 3, 2026, price 928.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5289?
InnoDisk trades at a price-to-earnings ratio of 5.3 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 184.96 TWD is built from several models across several years. Other multiples: P/B 10.2, P/S 2.1, EV/EBITDA 4.1.
How solid is the balance sheet of InnoDisk (5289)?
Balance-sheet figures for InnoDisk (as of Nov 3, 2026): return on equity 112.7%, debt of 0.03 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 5289 from its 52-week high?
InnoDisk trades at 928.00 TWD, about 52% below its 52-week high of 1,929 TWD and 112% above the low of 438.10 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 184.96 TWD is for.
Which stocks are comparable to InnoDisk?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is InnoDisk stock attractive at the current price?
The data as of Nov 3, 2026: price 928.00 TWD, calculated fair value 184.96 TWD (−80%), Quality Score 60/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 5289 calculated?
We run InnoDisk through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 184.96 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. InnoDisk itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of InnoDisk (5289)?
The closing price on Nov 6, 2026 was 928.00 TWD. Our model-based fair value is 184.96 TWD, about 80% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with InnoDisk right now?
The price sits above even our optimistic bull case (294.96 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 (60/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (114.51 TWD to 294.96 TWD) leaves room in how you read the outcome.
Where does the earnings growth of InnoDisk (5289) come from?
Earnings per share at InnoDisk grew +15.1 % a year from 2012 to 2023. Broken into its drivers: revenue per share +11.5 %, EBIT margin +5.1 %, tax rate −0.2 %, residual (interest, one-offs) −1.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of InnoDisk
How large is the market capitalisation of InnoDisk (5289)?
The market capitalisation of InnoDisk is 91.2B TWD (≈ $2.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of InnoDisk (5289)?
The price-to-sales ratio of InnoDisk is 2.06 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of InnoDisk (5289)?
Earnings per share at InnoDisk are 175.96 TWD (price ÷ EPS = P/E 5.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of InnoDisk (5289)?
The dividend yield of InnoDisk is 1.8% (payout 9.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of InnoDisk (5289)?
The net margin of InnoDisk is 39.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of InnoDisk (5289)?
The return on equity (ROE) of InnoDisk is 113% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of InnoDisk (5289)?
On an EBIT basis the return on assets of InnoDisk is 18.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of InnoDisk (5289)?
The operating margin of InnoDisk is 58.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at InnoDisk (5289)?
Revenue at InnoDisk is growing +641% versus a year earlier (3y avg +11.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at InnoDisk (5289)?
Earnings per share at InnoDisk are growing +53.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does InnoDisk (5289) generate?
The free cash flow of InnoDisk is −2.5B TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does InnoDisk (5289) carry?
The net debt of InnoDisk is 435M TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 3, 2026