Chipbond Technology (6147) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Chipbond Technology stock TWD 54.19, price TWD 142, that is 61.8% below the price, quality 54 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 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 7, 2026.
How to read this chart
60‑month range 49.45 TWD – 305.50 TWD · fair‑value band 53.66 TWD – 67.14 TWD · the 142.00 TWD price screens above the 54.19 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Chipbond Technology Corporation, together with its subsidiaries, engages in the research, development, manufacture, and sale of driver IC and non-driver IC packaging and testing services in Taiwan and internationally.
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The company offers back and front side metallization processing services; bumping manufacturing services, including gold, solder, and copper bumping services; redistribution layer services; test services; and die processing services, such as wafer grinding/thinning, dicing, and tape-and-reel processes, as well as chip-on-film, chip on glass, chip-on-plastic, packaging attachment, and wafer level chip scale packaging services.
It also provides compound semiconductors including SiGe, GaAs, GaN, SiC, and other wafers; flexible tape-and-reel circuit substrate; and chip tray.
In addition, it develops, manufactures, packages, tests, sells, and after-sale services of integrated circuit and special materials for semiconductors; invests in, develops, manufactures, and sells electronic components; and manufactures and sales elements.
Chipbond Technology Corporation was incorporated in 1997 and is based in Hsinchu City, Taiwan.
Stock analysis
Chipbond Technology (6147) currently trades at 142.00 TWD, while our model-based Fair Value estimate is 54.19 TWD, 62% 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 93.77 TWD per share, and 1 of the 16 models we run sit above the 142.00 TWD price.
Bear case: the Asset-Based group reads lowest at 10.38 TWD, and 15 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 53.66 TWD (bear) to 67.14 TWD (bull), the price of 142.00 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 54/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Chipbond Technology reported revenue of 21.5B TWD in FY2025 versus 27.1B TWD in FY2021, a compound −5.7%/yr. Reported net income was 2.8B TWD in FY2025, compounding −18.0%/yr from FY2021.
Key figures
Market cap 106B TWD (≈ $3.2B) Mid · P/E ratio 26.5 · P/S ratio 4.17 · EPS (TTM) 5.36 TWD · Dividend yield 2.0% · Net margin 16.0% · Return on equity 7.7% · Return on assets (EBIT) 8.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 54% below its 52-week high and 177% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −62%, 6147 screens richer than that median.
Fair Value models
Bear53.66 TWDFair Value 54.19 TWDBull67.14 TWD
Price 142.00 TWD · Downside -61.8%
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 (2.19 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.
Best data coverage
Residual Income45.69 TWD46.14 TWD48.21 TWD76
EPV23.20 TWD25.09 TWD26.63 TWD74
ROIC Compounder23.20 TWD25.09 TWD26.63 TWD72
All 16 models by family
Earnings-Based
Graham-Dodd25.35 TWD69.10 TWD90.61 TWD65
Lynch FV13.65 TWD19.49 TWD25.34 TWD61
PEG = 1.013.65 TWD19.49 TWD25.34 TWD57
EPV23.20 TWD25.09 TWD26.63 TWD74
Dividend Discount
Gordon GGM26.21 TWD43.98 TWD57.17 TWD68
DDM Multi-Stage26.21 TWD37.40 TWD46.93 TWD67
Multiples
P/E Multiple78.28 TWD104.37 TWD130.46 TWD63
P/S Multiple47.52 TWD63.37 TWD79.21 TWD58
P/B Multiple255.89 TWD341.19 TWD426.49 TWD55
EV/EBIT63.81 TWD83.16 TWD102.50 TWD66
EV/EBITDA103.67 TWD136.29 TWD168.92 TWD67
EV/Revenue35.12 TWD47.70 TWD60.27 TWD54
Asset-Based
NCAV (Graham)6.85 TWD10.38 TWD12.98 TWD54
Economic Profit
Residual Income45.69 TWD46.14 TWD48.21 TWD76
ROIC Compounder23.20 TWD25.09 TWD26.63 TWD72
Growth Earnings
Growth-Adj P/E60.58 TWD86.55 TWD112.51 TWD67
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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.22/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+5.5%
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.
−3.7%
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.
−0.7%
Start year 2020 (pandemic). Over 10 years: +2.4% a year
Revenue growth 19 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.
+9.1%
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What shareholders gained per year (last 5 years), in TWD ⓘ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. 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.
−7.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−9.6%
Dividend (yield on the price)2.0%
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.−9.6% vs 1.7%, slowing
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.20% → 11%
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.Semiconductors · 370 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score54 · Below median
Fair Value upside−61.8% · Below median
Profitability
Return on equity (12 months)7.7% · Above median
Return on assets5.1% · Above median
Net margin (12 months)16.0% · Above median
Operating margin (12 months)21.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)36.8% · Above median
Dividend yield (12 months)2.0% · Above median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (12 months)26.5× · Cheaper than median
P/B2.23× · Cheaper than median
P/S (12 months)4.17× · Pricier than median
EV/EBITDA14.6× · Cheaper than median
PEG0.48× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 100
PAST (return on equity)31· sector 28
HEALTH (low debt)99· sector 96
DIVIDEND (yield)39· sector 20
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). "Chipbond Technology Fair Value". https://www.fairvalue-calculator.com/stock/6147
Frequently asked questions
Is Chipbond Technology (6147) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 54.19 TWD versus a price of 142.00 TWD, about 62% lower (overvalued).
What is the fair value of 6147?
Our model-based fair value for Chipbond Technology is 54.19 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 142.00 TWD.
What is the quality score of 6147?
Chipbond Technology has a Quality Score of 54/100. 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 Chipbond Technology (6147)?
Our model-based price target is the fair value of 54.19 TWD (as of Nov 7, 2026) from 16 valuation models. Cautious scenario 53.66 TWD, optimistic scenario 67.14 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Chipbond Technology stock forecast for 2026?
Our models put fair value at 54.19 TWD, about 62% lower versus a price of 142.00 TWD (overvalued). Cautious scenario 53.66 TWD, optimistic scenario 67.14 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Chipbond Technology (6147)?
Chipbond Technology reported trailing-twelve-month revenue of about 25.4B TWD (latest available figure, as of Nov 7, 2026).
Does Chipbond Technology pay a dividend?
Chipbond Technology currently shows a dividend yield of 1.97% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Chipbond Technology (6147) and when is the ex-dividend date?
Chipbond Technology pays a dividend of 2.80 TWD per share a year, a dividend yield of 2.0%. The last ex-dividend date was Jun 17, 2026. The payout ratio is 52.2% 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 Chipbond Technology (6147)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chipbond Technology it is 54.19 TWD per share (as of Nov 7, 2026), against a price of 142.00 TWD. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Chipbond Technology stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 6147 trades above its calculated fair value: price 142.00 TWD, fair value 54.19 TWD, a gap of about −62% (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 6147?
No. The price is what the market pays today (142.00 TWD); the fair value is what the company's own numbers justify (54.19 TWD). For Chipbond Technology the two are 87.81 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Chipbond Technology worth?
The market values Chipbond Technology at about 106B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 142.00 TWD; our models calculate a fair value of 54.19 TWD per share.
What do the bullish and bearish scenarios say about 6147?
Our models span a range for Chipbond Technology: cautious scenario 53.66 TWD, base 54.19 TWD, optimistic 67.14 TWD per share (as of Nov 7, 2026, price 142.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6147?
Chipbond Technology trades at a price-to-earnings ratio of 26.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 54.19 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 11.8. Other multiples: PEG 0.5, P/B 2.2, P/S 4.2, EV/EBITDA 14.6.
What is the PEG ratio of 6147?
The PEG ratio of Chipbond Technology is 0.48 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Chipbond Technology (6147)?
Balance-sheet figures for Chipbond Technology (as of Nov 7, 2026): return on equity 7.7%, debt of 0.03 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is 6147 from its 52-week high?
Chipbond Technology trades at 142.00 TWD, about 54% below its 52-week high of 305.50 TWD and 177% above the low of 51.20 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 54.19 TWD is for.
Which stocks are comparable to Chipbond Technology?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, 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 Chipbond Technology stock attractive at the current price?
The data as of Nov 7, 2026: price 142.00 TWD, calculated fair value 54.19 TWD (−62%), Quality Score 54/100, from 16 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 6147 calculated?
We run Chipbond Technology through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 54.19 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 13.0% above its aggregate fair value. Chipbond Technology 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 Chipbond Technology (6147)?
The closing price on Nov 6, 2026 was 142.00 TWD. Our model-based fair value is 54.19 TWD, about 62% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chipbond Technology right now?
The price sits above even our optimistic bull case (67.14 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Chipbond Technology (6147) come from?
Earnings per share at Chipbond Technology grew +6.9 % a year from 2012 to 2023. Broken into its drivers: revenue per share +2.5 %, EBIT margin +3.9 %, tax rate +0.4 %, residual (interest, one-offs) +0.0 %. 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 Chipbond Technology
How large is the market capitalisation of Chipbond Technology (6147)?
The market capitalisation of Chipbond Technology is 106B TWD (≈ $3.2B). 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 Chipbond Technology (6147)?
The price-to-sales ratio of Chipbond Technology is 4.17 (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 Chipbond Technology (6147)?
Earnings per share at Chipbond Technology are 5.36 TWD (price ÷ EPS = P/E 26.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Chipbond Technology (6147)?
The dividend yield of Chipbond Technology is 2.0% (payout 52.2%). 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 Chipbond Technology (6147)?
The net margin of Chipbond Technology is 16.0% (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 Chipbond Technology (6147)?
The return on equity (ROE) of Chipbond Technology is 7.7% (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 Chipbond Technology (6147)?
On an EBIT basis the return on assets of Chipbond Technology is 8.9% (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 Chipbond Technology (6147)?
The operating margin of Chipbond Technology is 21.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Chipbond Technology (6147)?
Revenue at Chipbond Technology is growing +36.8% versus a year earlier (3y avg −3.7%). 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 Chipbond Technology (6147)?
Earnings per share at Chipbond Technology are growing +109% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Chipbond Technology (6147) generate?
The free cash flow of Chipbond Technology is −1.6B 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 cash does Chipbond Technology (6147) hold?
Chipbond Technology holds more cash than debt, 4.3B TWD net (fiscal year 2023). The company holds more cash than debt, a safety cushion.
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Nov 7, 2026