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Simplo Technology Co (6121) Fair Value & Analysis

Industrials · TW · Market cap 73.9B TWD

ST Simplo Technology Co 6121 · TWO
Price373.00 TWD
Fair Value549.79 TWD
Upside+47.4%
Quality62/100
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Weak Growth
Thin margins · 6.7% net margin
generates free cash flow
5.18% dividend yield
Ranks above peers (13/14)
Moderate moat 51/100
Evidence: Medium Range 389.09 TWD – 731.60 TWD Share as image

Fair value as of: Jul 15, 2026

From 24 valuation models · updated 25 days ago

Share price −13.6% over the past month.

A solid business, screening 47% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (389.09 TWD). The market is more pessimistic than our downside scenario.
  • Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (389.09 TWD to 731.60 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

506.00 TWD 232.00 TWD Fair Value 549.79 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 232.00 TWD – 506.00 TWD · fair‑value band 389.09 TWD – 731.60 TWD · the 373.00 TWD price screens below the 549.79 TWD fair value. Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Simplo Technology Co (6121) currently trades at 373.00 TWD, while our model-based Fair Value estimate is 549.79 TWD, implying the stock looks roughly 47.4% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Simplo Technology Co generated revenue of 82.2B TWD at a net margin of 6.7%. Revenue grew 0.5% year over year. It earns a return on equity of 15.7%. The stock trades on a trailing P/E of 13.9. Fundamentals as of Jul 15, 2026

Our scenario range runs from 389.09 TWD (bear case) to 731.60 TWD (bull case); at 373.00 TWD, the current price sits below 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 12% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 47%, 6121 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 206.31 TWD 255.74 TWD 514.62 TWD 76
Growth DCF 242.74 TWD 285.29 TWD 361.29 TWD 72
Gordon GGM 188.23 TWD 212.79 TWD 244.43 TWD 70
All 24 models by family
DCF Models
FCF DCF 237.62 TWD 281.21 TWD 365.99 TWD 38
Owner Earnings 356.17 TWD 443.26 TWD 612.66 TWD 31
5Y Revenue Exit 380.86 TWD 537.80 TWD 770.84 TWD 39
5Y EBITDA Exit 450.48 TWD 656.91 TWD 935.14 TWD 41
5Y P/E Exit 420.68 TWD 605.92 TWD 830.28 TWD 38
10Y Revenue Exit 313.93 TWD 435.08 TWD 573.23 TWD 36
10Y EBITDA Exit 366.62 TWD 511.40 TWD 674.96 TWD 37
10Y P/E Exit 348.42 TWD 478.73 TWD 610.03 TWD 35
Earnings-Based
Graham-Dodd 208.14 TWD 301.68 TWD 355.35 TWD 54
EPV 369.19 TWD 410.92 TWD 447.42 TWD 59
Dividend Discount
Gordon GGM 188.23 TWD 212.79 TWD 244.43 TWD 70
DDM Multi-Stage 188.23 TWD 244.27 TWD 317.43 TWD 61
Multiples
P/E Multiple 482.08 TWD 642.78 TWD 803.47 TWD 63
P/S Multiple 390.26 TWD 520.34 TWD 650.43 TWD 58
P/B Multiple 390.26 TWD 520.34 TWD 650.43 TWD 55
EV/EBIT 651.46 TWD 829.00 TWD 1,007 TWD 53
EV/EBITDA 656.91 TWD 836.27 TWD 1,016 TWD 54
EV/Revenue 498.99 TWD 661.90 TWD 824.82 TWD 43
Asset-Based
NCAV (Graham) 103.77 TWD 139.05 TWD 207.54 TWD 50
Growth DCF
Growth DCF 242.74 TWD 285.29 TWD 361.29 TWD 72
Rev-Margin DCF 380.86 TWD 540.54 TWD 735.57 TWD 67
Economic Profit
Residual Income 206.31 TWD 255.74 TWD 514.62 TWD 76
ROIC Compounder 371.17 TWD 420.42 TWD 470.97 TWD 67
Growth Earnings
Growth-Adj P/E 340.42 TWD 486.31 TWD 632.20 TWD 68

Widest divergence: Multiples (642.78 TWD) versus Asset-Based (139.05 TWD). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 82.2B TWD
Revenue growth (YoY) +0.5%
Net margin 6.7%
Return on equity 15.7%
Free cash flow 2.2B TWD FY2025
P/E ratio 13.9
More key figures
Operating margin 11.1%
EPS (TTM) 30.50 TWD
EPS growth (YoY) -11.8%

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 60 · Market factors (momentum, volatility) 56

Profitability 49
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 38
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.

About the company

Simplo Technology Co., Ltd. research, designs, and manufactures lithium battery modules in the Taiwan, China, the United States, and Singapore. It offers machine parts, such as plastic parts, die cut, film, and bus bar products series.

Full company description

Simplo Technology Co., Ltd. research, designs, and manufactures lithium battery modules in the Taiwan, China, the United States, and Singapore. It offers machine parts, such as plastic parts, die cut, film, and bus bar products series. The company offers its products for household appliances; and mobile devices, LEV, and EV applications, as well as for fit accessories. It engages in manufactures information software services, lighting equipment, data storage and processing equipment, electronic components, batteries, power generation, transmission and distribution machinery, and wireless communication machinery and equipment. The company was formerly known as Simplo Company, Ltd. and changed its name to Simplo Technology Co., Ltd. in September 1998. Simplo Technology Co., Ltd. was founded in 1981 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

Simplo Technology Co reported revenue of 82.1B TWD in FY2025 versus 95.6B TWD in FY2021, a compound −3.7%/yr. Reported net income was 5.7B TWD in FY2025, compounding −3.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
82.1B TWD
Latest YoY
+2.6%
Avg. growth/yr (3Y)
−4.9%
Avg. growth/yr (5Y)
−0.8%
Avg. growth/yr (8Y)
+4.4%
Revenue −3.7%/yr
FY21 95.6B TWD
FY22 95.6B TWD
FY23 84.8B TWD
FY24 80.0B TWD
FY25 82.1B TWD
Net income −3.0%/yr
FY21 6.4B TWD
FY22 7.2B TWD
FY23 5.7B TWD
FY24 5.3B TWD
FY25 5.7B TWD

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Cite: Fair Value Calculator (2026). "Simplo Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/6121

Peer Group

Electrical Equipment & Parts · 528 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 62 · Top 25%
Fair Value upside +47% · Top 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 5.2% · Top 25%

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 13.1× · Cheaper than 75% of peers
P/B 1.92× · Cheaper than median
P/S (TTM) 0.90× · Cheaper than median
P/FCF 1.0× · Cheaper than 75% of peers
EV/EBITDA 5.0× · Cheaper than 75% of peers
PEG 0.88× · Cheaper 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 97 · sector 0
FUTURE 3 · sector 57
PAST 63 · sector 26
HEALTH 0 · sector 97
DIVIDEND 100 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Simplo Technology Co (6121) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 549.79 TWD versus a price of 373.00 TWD, about +47% (undervalued).
What is the fair value of 6121?
Our model-based fair value for Simplo Technology Co is 549.79 TWD (as of Jul 15, 2026), built from audited fundamentals. The current price is 373.00 TWD.
What is the quality score of 6121?
Simplo Technology Co has a Quality Score of 62/100. 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 Simplo Technology Co (6121)?
Simplo Technology Co reported trailing-twelve-month revenue of about 82.2B TWD (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 6121?
The net profit margin of Simplo Technology Co is about 6.7%, meaning it keeps roughly 6.7% 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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