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3s Silicon Tech., Inc (5297) Fair Value & Analysis

Technology · TW · Market cap 2.7B TWD

3S 3s Silicon Tech., Inc 5297 · TWO
Price77.40 TWD
Fair Value10.39 TWD
Upside-86.6%
Quality43/100
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Expensive Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (2/11)
Narrow moat 41/100
Evidence: High Range 8.56 TWD – 11.54 TWD Share as image

Fair value as of: Jul 23, 2026

From 16 valuation models · updated 18 days ago

Fair value updated Jul 23, 2026, revised from 8.68 TWD to 10.39 TWD (+19.7%) since Jul 11, 2026. Share price −0.6% over the past month.

Below-average quality, and screening another 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (11.54 TWD). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

262.00 TWD 7.43 TWD Fair Value 10.39 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 7.43 TWD – 262.00 TWD · fair‑value band 8.56 TWD – 11.54 TWD · the 77.40 TWD price screens above the 10.39 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

3s Silicon Tech., Inc (5297) currently trades at 77.40 TWD, while our model-based Fair Value estimate is 10.39 TWD, implying the stock looks roughly 86.6% overvalued today. The Quality Score stands at 43/100 (below-average 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).

The balance sheet holds a net cash position of 374M TWD. The stock trades on a trailing P/E of 173.2. Fundamentals as of Jul 23, 2026

Our scenario range runs from 8.56 TWD (bear case) to 11.54 TWD (bull case); at 77.40 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 75% below its 52-week high and 204% 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 -87%, 5297 screens richer 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (1.28 TWD to 16.67 TWD). Read the values as a conservative anchor, not as a price target.
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
Residual Income 8.86 TWD 8.75 TWD 7.57 TWD 76
ROIC Compounder 10.81 TWD 11.00 TWD 11.16 TWD 72
Gordon GGM 7.80 TWD 11.65 TWD 15.62 TWD 70
All 16 models by family
DCF Models
Owner Earnings 13.58 TWD 15.12 TWD 17.18 TWD 31
Earnings-Based
Graham-Dodd 2.77 TWD 5.89 TWD 7.48 TWD 54
PEG = 1.0 0.9000 TWD 1.28 TWD 1.66 TWD 46
EPV 10.81 TWD 11.00 TWD 11.16 TWD 59
Dividend Discount
Gordon GGM 7.80 TWD 11.65 TWD 15.62 TWD 70
DDM Multi-Stage 7.80 TWD 11.00 TWD 14.50 TWD 61
Multiples
P/E Multiple 6.42 TWD 8.56 TWD 10.70 TWD 63
P/S Multiple 5.20 TWD 6.93 TWD 8.67 TWD 58
P/B Multiple 5.20 TWD 6.93 TWD 8.67 TWD 55
EV/EBIT 12.99 TWD 14.12 TWD 15.25 TWD 53
EV/EBITDA 14.90 TWD 16.67 TWD 18.44 TWD 54
EV/Revenue 12.02 TWD 13.06 TWD 14.09 TWD 43
Asset-Based
NCAV (Graham) 6.09 TWD 8.16 TWD 12.18 TWD 50
Economic Profit
Residual Income 8.86 TWD 8.75 TWD 7.57 TWD 76
ROIC Compounder 10.81 TWD 11.00 TWD 11.16 TWD 72
Growth Earnings
Growth-Adj P/E 4.73 TWD 6.76 TWD 8.78 TWD 68

Widest divergence: DCF Models (15.12 TWD) versus Earnings-Based (5.89 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Free cash flow −25.5M TWD FY2025
P/E ratio 173.2
EPS (TTM) 0.4100 TWD
Net cash 374M TWD FY2024

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 45

Profitability 31
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 43
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

3s Silicon Tech., Inc. offers power device assembly equipment. The company offers stencil printers, die and clip attach, reflow and vacuum reflow ovens, and formic acid reflow ovens.

Full company description

3s Silicon Tech., Inc. offers power device assembly equipment. The company offers stencil printers, die and clip attach, reflow and vacuum reflow ovens, and formic acid reflow ovens. It also provides flux-free solder paste used in the formic acid vacuum reflow ovens and an open lab for customers' product verification, as well as discrete power devices process, customer-made production automation solutions, technical support, and maintenance services. The company was founded in 1998 and is headquartered in Hsinchu City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

3s Silicon Tech., Inc reported revenue of 337M TWD in FY2025 versus 233M TWD in FY2021, a compound +9.7%/yr. Reported net income was 15.4M TWD in FY2025.

Growth Quality 41/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
337M TWD
Latest YoY
+3.5%
Avg. 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.
−2.1%
Avg. 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.
+6.8%
Avg. growth/yr (12Y) 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.
+4.8%
Revenue +9.7%/yr
FY21 233M TWD
FY22 359M TWD
FY23 320M TWD
FY24 325M TWD
FY25 337M TWD
Net income
FY21 −4.6M TWD
FY22 44.9M TWD
FY23 23.7M TWD
FY24 42.7M TWD
FY25 15.4M TWD
Character of growth · EPS growth decomposed (2014-2024) +2.7 % p.a.
Revenue per share +2.1 pp

of which total revenue +3.5 pp · buybacks/dilution −1.4 pp

EBIT margin +2.1 pp
Tax rate −0.8 pp
Residual (interest, one-offs) −0.7 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

5297 screens 87% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "3s Silicon Tech., Inc Fair Value". https://www.fairvalue-calculator.com/stock/5297

Peer Group

Semiconductors · 318 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 43 · Below median
Fair Value upside −87% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 172.9× · Pricier than 75% of peers
P/B 0.18× · Cheaper than 75% of peers

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 0 · sector 60
PAST 0 · sector 25
HEALTH 99 · sector 97
DIVIDEND 0 · sector 22

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

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 23, 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 1MU €784.90 €185.67 -76%
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 3s Silicon Tech., Inc (5297) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 10.39 TWD versus a price of 77.40 TWD, about −87% (overvalued).
What is the fair value of 5297?
Our model-based fair value for 3s Silicon Tech., Inc is 10.39 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 77.40 TWD.
What is the quality score of 5297?
3s Silicon Tech., Inc has a Quality Score of 43/100. 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 net profit margin of 5297?
The net profit margin of 3s Silicon Tech., Inc is about 0.0%, meaning it keeps roughly 0.0% 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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