ITEQ Corp (6213) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ITEQ Corp stock TWD 77.63, price TWD 496, that is 84.3% below the price, quality 63 out of 100. Rating: strongly overvalued. Calculated from audited financials with 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 8, 2026.
How to read this chart
60‑month range 48.15 TWD – 856.00 TWD · fair‑value band 48.54 TWD – 115.29 TWD · the 496.00 TWD price screens above the 77.63 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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ITEQ Corporation engages in the manufacture and sale of copper clad laminate materials used for fabrication of printed circuit boards in Taiwan, Asia, Europe, and internationally.
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It offers mass lamination boards, copper clad laminates, prepreg products, and electronic components, as well as import and export trading of manufacturing equipment.
The company's products are used in various application areas, such as computational and communications applications, including servers, storage, and switches; radio frequency and microwave devices, such as 5G and mmWaves; automotive applications comprising advanced driver assist systems; and high-density interconnect solutions, which include smartphones.
ITEQ Corporation was incorporated in 1997 and is headquartered in Hsinchu City, Taiwan.
Stock analysis
ITEQ Corp (6213) currently trades at 496.00 TWD, while our model-based Fair Value estimate is 77.63 TWD, 84% 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 116.48 TWD per share, and 0 of the 26 models we run sit above the 496.00 TWD price.
Bear case: the Dividend Discount group reads lowest at 20.32 TWD, and 26 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 48.54 TWD (bear) to 115.29 TWD (bull), the price of 496.00 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 63/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
ITEQ Corp reported revenue of 33.1B TWD in FY2025 versus 32.5B TWD in FY2021, a compound +0.4%/yr. Reported net income was 1.5B TWD in FY2025, compounding −16.8%/yr from FY2021.
Key figures
Market cap 180B TWD (≈ $5.5B) Mid · P/E ratio 76.9 · P/S ratio 4.83 · EPS (TTM) 6.45 TWD · Dividend yield 0.6% · Net margin 6.3% · Return on equity 11.5% · Return on assets (EBIT) 6.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 42% below its 52-week high and 398% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −84%, 6213 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (19.28 TWD to 194.03 TWD). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear48.54 TWDFair Value 77.63 TWDBull115.29 TWD
Price 496.00 TWD · Downside -84.3%
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 (2.95 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.
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.56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+12.7%
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.
+4.3%
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.
+5.4%
Start year 2020 (pandemic). Over 10 years: +5.7% a year
Revenue growth 23 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.
+13.7%
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What shareholders gained per year (last 5 years), in TWD (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
−21.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.6%
Dividend (yield on the price)0.6%
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.−12.2% vs 8.5%, 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.14% → 7%
2025 sits 84% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+69.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+42.0%
Yearly sales growth analysts expect, extended to five years.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +67.0% a year for the price and +39.7% for the forecasts.
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.Electronic Components · 651 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside−84.3% · Bottom 25%
Profitability
Return on equity (12 months)11.5% · Above median
Return on assets4.0% · Above median
Net margin (12 months)6.3% · Above median
Operating margin (12 months)16.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)29.9% · Above median
Dividend yield (12 months)0.6% · Bottom 25%
Balance sheet
Debt / equity0.10× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
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). "ITEQ Corp Fair Value". https://www.fairvalue-calculator.com/stock/6213
Frequently asked questions
Is ITEQ Corp (6213) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 77.63 TWD versus a price of 496.00 TWD, about 84% lower (overvalued).
What is the fair value of 6213?
Our model-based fair value for ITEQ Corp is 77.63 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 496.00 TWD.
What is the quality score of 6213?
ITEQ Corp has a Quality Score of 63/100. 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 ITEQ Corp (6213)?
Our model-based price target is the fair value of 77.63 TWD (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 48.54 TWD, optimistic scenario 115.29 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the ITEQ Corp stock forecast for 2026?
Our models put fair value at 77.63 TWD, about 84% lower versus a price of 496.00 TWD (overvalued). Cautious scenario 48.54 TWD, optimistic scenario 115.29 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of ITEQ Corp (6213)?
ITEQ Corp reported trailing-twelve-month revenue of about 37.3B TWD (latest available figure, as of Nov 8, 2026).
Does ITEQ Corp pay a dividend?
ITEQ Corp currently shows a dividend yield of 0.60% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of ITEQ Corp (6213) and when is the ex-dividend date?
ITEQ Corp pays a dividend of 3.00 TWD per share a year, a dividend yield of 0.6%. The last ex-dividend date was Jul 2, 2026. The payout ratio is 46.5% of earnings. Free cash flow covers the dividend 0.70 times. Our assessment: Token dividend. At a yield of 0.6% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.6% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What growth is priced into ITEQ Corp (6213)?
For today's price to be fair in a discounted-cash-flow model, ITEQ Corp would have to grow free cash flow by +69.6 % per year for five years (discount rate 12.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.4 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 6213 use?
Our models discount ITEQ Corp at 12.3 %: a base by market capitalisation (mid), damped by beta 1.80, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For ITEQ Corp that is +69.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.3 %) and the same formula as our fair value.
How much growth has ITEQ Corp (6213) delivered so far?
Over the past 5 years revenue at ITEQ Corp grew +5.4 % a year. The price currently implies free-cash-flow growth of +69.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of ITEQ Corp (6213) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into ITEQ Corp (+69.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of ITEQ Corp (6213)?
The free-cash-flow yield on the price is 0.42 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow ITEQ Corp produces per unit of market value. When it exceeds the discount rate of our models (12.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of ITEQ Corp (6213)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ITEQ Corp it is 77.63 TWD per share (as of Nov 8, 2026), against a price of 496.00 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is ITEQ Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 6213 trades above its calculated fair value: price 496.00 TWD, fair value 77.63 TWD, a gap of about −84% (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 6213?
No. The price is what the market pays today (496.00 TWD); the fair value is what the company's own numbers justify (77.63 TWD). For ITEQ Corp the two are 418.37 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is ITEQ Corp worth?
The market values ITEQ Corp at about 180B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 496.00 TWD; our models calculate a fair value of 77.63 TWD per share.
What do the bullish and bearish scenarios say about 6213?
Our models span a range for ITEQ Corp: cautious scenario 48.54 TWD, base 77.63 TWD, optimistic 115.29 TWD per share (as of Nov 8, 2026, price 496.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6213?
ITEQ Corp trades at a price-to-earnings ratio of 76.9 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 77.63 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: 17.1. Other multiples: P/B 8.5, P/S 4.8, EV/EBITDA 36.7.
How solid is the balance sheet of ITEQ Corp (6213)?
Balance-sheet figures for ITEQ Corp (as of Nov 8, 2026): return on equity 11.5%, debt of 0.10 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 6213 from its 52-week high?
ITEQ Corp trades at 496.00 TWD, about 42% below its 52-week high of 856.00 TWD and 398% above the low of 99.60 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 77.63 TWD is for.
Which stocks are comparable to ITEQ Corp?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, 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 ITEQ Corp stock attractive at the current price?
The data as of Nov 8, 2026: price 496.00 TWD, calculated fair value 77.63 TWD (−84%), Quality Score 63/100, from 26 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 6213 calculated?
We run ITEQ Corp through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 77.63 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. ITEQ Corp 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 ITEQ Corp (6213)?
The closing price on Nov 6, 2026 was 496.00 TWD. Our model-based fair value is 77.63 TWD, about 84% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ITEQ Corp right now?
The price sits above even our optimistic bull case (115.29 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (48.54 TWD to 115.29 TWD) leaves room in how you read the outcome.
Where does the earnings growth of ITEQ Corp (6213) come from?
Earnings per share at ITEQ Corp grew +3.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.3 %, EBIT margin −1.3 %, tax rate +0.9 %, residual (interest, one-offs) +0.2 %. 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 ITEQ Corp
How large is the market capitalisation of ITEQ Corp (6213)?
The market capitalisation of ITEQ Corp is 180B TWD (≈ $5.5B). 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 ITEQ Corp (6213)?
The price-to-sales ratio of ITEQ Corp is 4.83 (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 ITEQ Corp (6213)?
Earnings per share at ITEQ Corp are 6.45 TWD (price ÷ EPS = P/E 76.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ITEQ Corp (6213)?
The dividend yield of ITEQ Corp is 0.6% (payout 46.5%). 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 ITEQ Corp (6213)?
The net margin of ITEQ Corp is 6.3% (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 ITEQ Corp (6213)?
The return on equity (ROE) of ITEQ Corp is 11.5% (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 ITEQ Corp (6213)?
On an EBIT basis the return on assets of ITEQ Corp is 6.2% (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 ITEQ Corp (6213)?
The operating margin of ITEQ Corp is 16.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ITEQ Corp (6213)?
Revenue at ITEQ Corp is growing +29.9% versus a year earlier (3y avg +4.3%). 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 ITEQ Corp (6213)?
Earnings per share at ITEQ Corp are growing +204% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does ITEQ Corp (6213) carry?
The net debt of ITEQ Corp is 891M TWD (fiscal year 2025, ≈ 1.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 8, 2026