Song Shang Electronics Co Ltd (6156) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Song Shang Electronics Co Ltd TWD 11.93, price TWD 21.00, upside -43.2%, quality 33 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Song Shang Electronics Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 13.57 TWD – 40.15 TWD · fair‑value band 7.74 TWD – 14.38 TWD · the 21.00 TWD price screens above the 11.93 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Song Shang Electronics Co in your weekly email
Every Wednesday you see whether Song Shang Electronics Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Song Shang Electronics Co.,Ltd. manufactures and sells electronic components and related products. It offers magnetic components, such as coils, line filters, power chokes, transformers, and inductors primarily used in the adapter, LED TV, LCD TV, charger, game console, desktop, monitor, printer, lighting, communication, etc. applications.
Show more
Song Shang Electronics Co.,Ltd. manufactures and sells electronic components and related products. It offers magnetic components, such as coils, line filters, power chokes, transformers, and inductors primarily used in the adapter, LED TV, LCD TV, charger, game console, desktop, monitor, printer, lighting, communication, etc. applications. The company also provides printed circuit boards and wire products. The company was formerly known as K-Bridge Electronics Co. Ltd. and changed its name to Song Shang Electronics Co., Ltd. in March 2011. Song Shang Electronics Co.,Ltd. was founded in 1988 and is based in New Taipei City, Taiwan.
Stock analysis
Song Shang Electronics Co Ltd (6156) currently trades at 21.00 TWD, while our model-based Fair Value estimate is 11.93 TWD, implying the stock looks roughly 76.0% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 20.08 TWD per share, and 2 of the 17 models we run sit above the 21.00 TWD price.
Bear case: the Earnings-Based group reads lowest at 3.31 TWD, and 15 of the 17 models stay below the price. Evidence for this calculation is low.
Scenario range: 7.74 TWD (bear) to 14.38 TWD (bull), the price of 21.00 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 33/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Song Shang Electronics Co Ltd reported revenue of 4.9B TWD in FY2025 versus 4.7B TWD in FY2021, a compound +1.1%/yr. Reported net income was 48.2M TWD in FY2025, compounding −17.5%/yr from FY2021.
Key figures
Market cap 2.3B TWD (≈ $71.1M) · P/E ratio 53.8 · P/S ratio 0.53 · EPS (TTM) 0.3900 TWD · Dividend yield 1.0% · Net margin 1.0% · Return on equity 3.2% · Return on assets (EBIT) 3.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 34% 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 −66% fair-value upside, at −43%, 6156 screens cheaper than that median.
Fair Value models
Bear 7.74 TWDFair Value 11.93 TWDBull 14.38 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.1395 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.Evidence ⓘEvidence = 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.
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.35/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+13.7%
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.
+5.4%
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.
+4.3%
Start year 2020 (pandemic)
Revenue growth 8 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.
+0.9%
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−17.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−18.9%
Dividend (yield on the price)1.0%
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.4% → 2%
⚠ Revenue per share shrinking 5.1%/yr over ~6Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Song Shang Electronics Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Electronic Components · 654 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−43% · Below median
Profitability
Return on equity (TTM)3% · Below median
Return on assets0% · Below median
Net margin (TTM)1% · Below median
Operating margin (TTM)0% · Below median
Growth and dividend
Revenue growth39% · Top 25%
Dividend yield (TTM)1.0% · Below median
Balance sheet
Debt / equity0.24× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (TTM)53.8× · Pricier than median
P/B1.00× · Cheaper than median
P/S (TTM)0.42× · Cheapest 25%
EV/EBITDA8.8× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 38
PAST (return on equity)13· sector 26
HEALTH (low debt)88· sector 95
DIVIDEND (yield)19· sector 25
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). "Song Shang Electronics Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6156
Frequently asked questions
Is Song Shang Electronics Co Ltd (6156) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 11.93 TWD versus a price of 21.00 TWD, about −43% upside (overvalued).
What is the fair value of 6156?
Our model-based fair value for Song Shang Electronics Co Ltd is 11.93 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 21.00 TWD.
What is the quality score of 6156?
Song Shang Electronics Co Ltd has a Quality Score of 33/100. 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 Song Shang Electronics Co Ltd (6156)?
Our model-based price target is the fair value of 11.93 TWD (as of Sep 24, 2026) from 17 valuation models. Cautious scenario 7.74 TWD, optimistic scenario 14.38 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Song Shang Electronics Co Ltd stock forecast for 2026?
Our models put fair value at 11.93 TWD, about −43% upside versus a price of 21.00 TWD (overvalued). Cautious scenario 7.74 TWD, optimistic scenario 14.38 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Song Shang Electronics Co Ltd (6156)?
Song Shang Electronics Co Ltd reported trailing-twelve-month revenue of about 5.4B TWD (latest available figure, as of Sep 24, 2026).
Does Song Shang Electronics Co Ltd pay a dividend?
Song Shang Electronics Co Ltd currently shows a dividend yield of about 0.95% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Song Shang Electronics Co Ltd (6156)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Song Shang Electronics Co Ltd it is 11.93 TWD per share (as of Sep 24, 2026), against a price of 21.00 TWD. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Song Shang Electronics Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 6156 trades above its calculated fair value: price 21.00 TWD, fair value 11.93 TWD, a gap of about −43% (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 6156?
No. The price is what the market pays today (21.00 TWD); the fair value is what the company's own numbers justify (11.93 TWD). For Song Shang Electronics Co Ltd the two are 9.07 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Song Shang Electronics Co Ltd worth?
The market values Song Shang Electronics Co Ltd at about 2.3B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 21.00 TWD; our models calculate a fair value of 11.93 TWD per share.
What do the bullish and bearish scenarios say about 6156?
Our models span a range for Song Shang Electronics Co Ltd: cautious scenario 7.74 TWD, base 11.93 TWD, optimistic 14.38 TWD per share (as of Sep 24, 2026, price 21.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6156?
Song Shang Electronics Co Ltd trades at a price-to-earnings ratio of 53.8 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 11.93 TWD is built from several models across several years. Other multiples: P/B 1.0, P/S 0.4, EV/EBITDA 8.8.
How solid is the balance sheet of Song Shang Electronics Co Ltd (6156)?
Balance-sheet figures for Song Shang Electronics Co Ltd (as of Sep 24, 2026): return on equity 3.2%, debt of 0.24 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is 6156 from its 52-week high?
Song Shang Electronics Co Ltd trades at 21.00 TWD, about 34% below its 52-week high of 32.00 TWD and 15% above the low of 18.20 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 11.93 TWD is for.
Which stocks are comparable to Song Shang Electronics Co Ltd?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, 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 Song Shang Electronics Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 21.00 TWD, calculated fair value 11.93 TWD (−43%), Quality Score 33/100, from 17 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 6156 calculated?
We run Song Shang Electronics Co Ltd through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 11.93 TWD, 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 13.2 % above its aggregate fair value. Song Shang Electronics Co Ltd 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 Song Shang Electronics Co Ltd (6156)?
The closing price on Sep 24, 2026 was 21.00 TWD. Our model-based fair value is 11.93 TWD, about −43% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Song Shang Electronics Co Ltd right now?
The price sits above even our optimistic bull case (14.38 TWD). The favourable scenario is already priced in. Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (7.74 TWD to 14.38 TWD) leaves room in how you read the outcome.
Key figures of Song Shang Electronics Co Ltd
How large is the market capitalisation of Song Shang Electronics Co Ltd (6156)?
The market capitalisation of Song Shang Electronics Co Ltd is 2.3B TWD (≈ $71.1M). 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 Song Shang Electronics Co Ltd (6156)?
The price-to-sales ratio of Song Shang Electronics Co Ltd is 0.53 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Song Shang Electronics Co Ltd (6156)?
Earnings per share at Song Shang Electronics Co Ltd are 0.3900 TWD (price ÷ EPS = P/E 53.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Song Shang Electronics Co Ltd (6156)?
The dividend yield of Song Shang Electronics Co Ltd is 1.0% (payout 51.3%). 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 Song Shang Electronics Co Ltd (6156)?
The net margin of Song Shang Electronics Co Ltd is 1.0% (fiscal year 2025). 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 Song Shang Electronics Co Ltd (6156)?
The return on equity (ROE) of Song Shang Electronics Co Ltd is 3.2% (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 Song Shang Electronics Co Ltd (6156)?
On an EBIT basis the return on assets of Song Shang Electronics Co Ltd is 3.7% (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 Song Shang Electronics Co Ltd (6156)?
The operating margin of Song Shang Electronics Co Ltd is 0.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Song Shang Electronics Co Ltd (6156)?
Revenue at Song Shang Electronics Co Ltd is growing +38.8% versus a year earlier (3y avg +5.4%). 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 Song Shang Electronics Co Ltd (6156)?
Earnings per share at Song Shang Electronics Co Ltd are growing −73.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Song Shang Electronics Co Ltd (6156) generate?
The free cash flow of Song Shang Electronics Co Ltd is −122M 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 debt does Song Shang Electronics Co Ltd (6156) carry?
The net debt of Song Shang Electronics Co Ltd is 51.1M TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Song Shang Electronics Co Ltd in the live analysis
One click puts Song Shang Electronics Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
