Fair Value Calculator Fair Value Calculator
EN DE

Key Ware Electronics Co (5498) Fair Value & Analysis

Industrials · TW · Market cap 9.2B TWD

KW Key Ware Electronics Co 5498 · TWO
Price47.50 TWD
Fair Value5.33 TWD
Upside-88.8%
Quality51/100
Watch Key Ware Electronics Co for free, get notified when fair value or trend changes. Watch for free
Evidence: Medium Range 2.53 TWD – 8.14 TWD 📤 Share as image

Fair value as of: Jul 21, 2026

From 9 valuation models · updated today

Fair value updated Jul 21, 2026, revised from 5.34 TWD to 5.33 TWD (−0.2%) since Jul 11, 2026. Share price −29.2% over the past month.

Price vs Fair Value (12 months)

83.10 TWD 12.35 TWD Fair Value 5.33 TWD Jul 2025 Jul 2026

12‑month range 12.35 TWD – 83.10 TWD · fair‑value band 2.53 TWD – 8.14 TWD · the 47.50 TWD price screens above the 5.33 TWD fair value. As of Jul 21, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Key Ware Electronics Co (5498) currently trades at 47.50 TWD, while our model-based Fair Value estimate is 5.33 TWD, implying the stock looks roughly 88.8% overvalued today. We read business quality at 51/100 (solid quality), in the Industrials 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: medium).

Over the trailing twelve months, Key Ware Electronics Co generated revenue of 1.6B TWD at a net margin of 1.5%. Revenue grew 48.7% year over year. It earns a return on equity of 1.2%. Net debt stands at 1.1B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 2.53 TWD (bear case) to 8.14 TWD (bull case); at 47.50 TWD, the current price sits above that range. The share trades about 46% below its 52-week high, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at -89%, 5498 screens richer than that median.

Key figures & financial health

Revenue (TTM) 1.6B TWD
Revenue growth (YoY) +48.7%
Net margin 1.5%
Return on equity 1.2%
Free cash flow −32.3M TWD FY2025
Operating margin 3.5%
More key figures
Dividend yield 0.5%
EPS growth (YoY) +29.8%
Net debt 1.1B TWD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 21, 2026. TTM = trailing twelve months.

About the company

Key Ware Electronics Co., Ltd. designs, manufactures, and processes printed circuit board materials in Taiwan, Mainland China, and Thailand. The company offers electroplating solutions, dry films, drill bits, and copper foil substrates, as well as CCL products. It also provides machinery equipment, drilling and hand tools, and drilling subcontracting services, as well as engages in the general investment and wholesale and processing of electronic components. The company was incorporated in 1997 and is based in Taoyuan City, Taiwan.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Key Ware Electronics Co reported revenue of 1.4B TWD in FY2025 versus 1.6B TWD in FY2021, a compound −2.8%/yr. Reported net income was −618K TWD in FY2025.

Revenue −2.8%/yr
FY21 1.6B TWD
FY22 1.5B TWD
FY23 1.1B TWD
FY24 1.2B TWD
FY25 1.4B TWD
Net income
FY21 31.4M TWD
FY22 2.6M TWD
FY23 11.9M TWD
FY24 −1.5M TWD
FY25 −618K TWD

Is 5498 fairly valued? → Check now

📤 Share or link this analysis
🔗 Embed on your site (free fair-value badge)

Paste this into your site or blog, it shows the current fair value and links back here (free, and welcome):

Cite: Fair Value Calculator (2026). "Key Ware Electronics Co Fair Value". https://www.fairvalue-calculator.com/stock/5498

Similar stocks

10 more Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company TTNDF $16.85 $13.78 -18%
Snap-on Incorporated SNA $378.45 $303.07 -20%
RBC Bearings Incorporated RBC $590.09 $190.91 -68%
Lincoln Electric Holdings LECO $262.13 $144.93 -45%
Stanley Black & Decker, Inc SWK $86.31 $53.72 -38%
AB SKF (publ) SKFB kr 265.80 kr 192.47 -28%
The Timken Company TKR $131.83 $53.64 -59%
Makita Corporation MKTAY $37.09 $41.19 +11%
The Toro Company TTC $91.16 $68.48 -25%
SFS Group SFSN CHF 127.60 CHF 87.02 -32%

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Key Ware Electronics Co (5498) undervalued?
As of Jul 21, 2026, our model estimates a fair value of 5.33 TWD versus a price of 47.50 TWD, about −89% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 5498?
Our model-based fair value for Key Ware Electronics Co is 5.33 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 47.50 TWD.
What is the quality score of 5498?
Key Ware Electronics Co has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Key Ware Electronics Co (5498)?
Key Ware Electronics Co reported trailing-twelve-month revenue of about 1.6B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 5498?
The net profit margin of Key Ware Electronics Co is about 1.5%, meaning it keeps roughly 1.5% of revenue as net income. Based on the latest reported figures.
Does Key Ware Electronics Co pay a dividend?
Key Ware Electronics Co currently shows a dividend yield of about 0.37% relative to its recent price (as of Jul 21, 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.

14 days Pro free · no card

Unlock the full Key Ware Electronics Co analysis, and try Pro free

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.