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Empower Technology Corporation. (5348) Fair Value & Analysis

Technology · TW · Market cap 240M TWD (≈ $7.6M)

What is Empower Technology Corporation. really worth?

ET Empower Technology Corporation. 5348 · TWO
Price16.65 TWD
Fair Value16.09 TWD
Upside−3.4%
Quality58/100

A solid business, currently priced close to our fair value of 16.09 TWD.

As of Aug 28, 2026, the fair value of Empower Technology Corporation. is 16.09 TWD per share against a price of 16.65 TWD, so the fair value sits 3% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

generates free cash flow
Ranks above peers (6/10)

Risks

!Weak Growth (revenue 3y +1.0 %/yr)
!Loss-making · -6.0% net margin
!Narrow moat 1/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 29 out of 100
Evidence: Low Range 12.60 TWD – 19.57 TWD

Fair value as of: Aug 28, 2026

From 7 valuation models · updated 9 days ago

Share price −0.3% over the past month.

What runs behind every stock

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

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

50.94 TWD 14.13 TWD Fair Value 16.09 TWD Apr 2021 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 14.13 TWD – 50.94 TWD · fair‑value band 12.60 TWD – 19.57 TWD · the 16.65 TWD price screens above the 16.09 TWD fair value. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Empower Technology Corporation. (5348) currently trades at 16.65 TWD, while our model-based Fair Value estimate is 16.09 TWD, implying the stock looks roughly 3.5% fairly valued today. The Quality Score stands at 58/100 (solid quality), in the Technology sector. Bull case: the Multiples group reads highest at a median of 16.09 TWD per share, and 2 of the 7 models we run sit above the 16.65 TWD price. Bear case: the Asset-Based group reads lowest at 5.26 TWD, and 5 of the 7 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Empower Technology Corporation. generated revenue of 281M TWD at a net margin of −6.9%. Revenue grew 28.6% year over year. It earns a return on equity of −9.0%. Fundamentals as of Aug 28, 2026

Our scenario range runs from 12.60 TWD (bear case) to 19.57 TWD (bull case); at 16.65 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 20% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −52% fair-value upside, at −3%, 5348 screens cheaper 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
FCF DCF best evidence 12.21 TWD 15.80 TWD 20.53 TWD 77
Growth DCF 12.17 TWD 15.42 TWD 19.49 TWD 74
5Y Revenue Exit 12.21 TWD 16.85 TWD 22.86 TWD 68
All 7 models by family
DCF Models
FCF DCF best evidence 12.21 TWD 15.80 TWD 20.53 TWD 77
5Y Revenue Exit 12.21 TWD 16.85 TWD 22.86 TWD 68
10Y Revenue Exit 11.91 TWD 15.79 TWD 21.17 TWD 62
Multiples
EV/Revenue 12.60 TWD 16.09 TWD 19.57 TWD 52
Asset-Based
NCAV (Graham) 3.93 TWD 5.26 TWD 7.85 TWD 51
Growth DCF
Growth DCF 12.17 TWD 15.42 TWD 19.49 TWD 74
Rev-Margin DCF 12.21 TWD 16.85 TWD 22.45 TWD 68

Widest divergence: Multiples (16.09 TWD) versus Asset-Based (5.26 TWD). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/S ratio 0.85 TTM
EPS (TTM) −1.17 TWD
Net margin −8.2% FY2025
Return on equity −9.0% TTM
Return on assets (EBIT) −2.3% avg 5y
Operating margin −2.4% TTM
More key figures
Growth
Revenue (TTM) 281M TWD TTM
Revenue growth (YoY) +24.6% 3y avg +1.0%
Balance sheet & cash flow
Free cash flow 13.2M TWD FY2025

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 61 · Market factors (momentum, volatility) 47

Profitability 30
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 28
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

Empower Technology Corporation. designs and develops wireless communications products for the RF communications and GPS markets in Taiwan.

Full company description

Empower Technology Corporation. designs and develops wireless communications products for the RF communications and GPS markets in Taiwan. The company provides wireless products, such as sDAS HEU, sDAS RAU, and digital MSB repeaters; power dividers, antennas, and power over Ethernet; Wi-Fi products; MMDS downconverters, transceivers, and antennas; switching power supply with DC inserters; and WiMAX outdoor base station and outdoor CPE products. It also offers GPS products, including Bluetooth GPS products, software solutions for GPS data loggers, GPS data loggers, wired GPS products, active antennas, and engine boards. The company was founded in 1990 and is headquartered in Miaoli, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Empower Technology Corporation. reported revenue of 268M TWD in FY2025 versus 111M TWD in FY2021, a compound +24.6%/yr. Reported net income was −22.1M TWD in FY2025.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
268M TWD
Latest YoY
−3.8%
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.
+1.0%
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.
−13.1% (2021) → −6.6% (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 +24.6%/yr
FY21 111M TWD
FY22 260M TWD
FY23 270M TWD
FY24 279M TWD
FY25 268M TWD
Net income
FY21 −14.8M TWD
FY22 4.6M TWD
FY23 6.5M TWD
FY24 −10.5M TWD
FY25 −22.1M TWD

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Cite: Fair Value Calculator (2026). "Empower Technology Corporation. Fair Value". https://www.fairvalue-calculator.com/stock/5348.TWO

Peer Group

Communication Equipment · 302 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 58 · Above median
Fair Value upside −3% · Above median
Return on assets −6% · Bottom 25%
Net margin (TTM) −6% · Bottom 25%
Operating margin (TTM) −2% · Below median
Revenue growth 16% · Above median

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers
P/FCF 0.6× · 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
VALUE29 · sector 0
FUTURE79 · sector 37
PAST0 · sector 15
HEALTH0 · sector 98
DIVIDEND0 · sector 22

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

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $109.20 $61.53 −44%
Zhongji Innolight Co 300308 ¥866.12 ¥171.09 −80%
Foxconn Industrial Internet Co 601138 ¥61.83 ¥28.65 −54%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 −59%
Nokia Oyj NOK $10.21 $3.78 −63%
Motorola Solutions, Inc MSI $491.24 $236.33 −52%
Yangtze Optical Fibre And Cable Joint Stock Limited 601869 ¥400.03 ¥201.38 −50%
Suzhou TFC Optical Communication Co 300394 ¥276.25 ¥43.67 −84%
Telefonaktiebolaget LM Ericsson (publ), ERIC $10.13 $19.85 +96%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD −50%

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Frequently asked questions

Is Empower Technology Corporation. (5348) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of 16.09 TWD versus a price of 16.65 TWD, about −3% upside (fairly valued).
What is the fair value of 5348?
Our model-based fair value for Empower Technology Corporation. is 16.09 TWD (as of Aug 28, 2026), built from audited fundamentals. The current price: 16.65 TWD.
What is the quality score of 5348?
Empower Technology Corporation. has a Quality Score of 58/100. 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 Empower Technology Corporation. (5348)?
Our model-based price target is the fair value of 16.09 TWD (as of Aug 28, 2026) from 7 valuation models. Cautious scenario 12.60 TWD, optimistic scenario 19.57 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Empower Technology Corporation. stock forecast for 2026?
Our models put fair value at 16.09 TWD, about −3% upside versus a price of 16.65 TWD (fairly valued). Cautious scenario 12.60 TWD, optimistic scenario 19.57 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Empower Technology Corporation. (5348)?
Empower Technology Corporation. reported trailing-twelve-month revenue of about 281M TWD (latest available figure, as of Aug 28, 2026).
What is the net profit margin of 5348?
The net profit margin of Empower Technology Corporation. is about −6.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
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