Taiwan Thick-Film Ind. Corp (6246) Fair Value & Analysis
Technology · TW · Market cap 490M TWD
Fair value as of: Jul 23, 2026
From 25 valuation models · updated 18 days ago
Share price −20.1% over the past month.
A solid business, screening 58% undervalued on our models.
What matters now
- The price is below even our cautious bear case (14.58 TWD). The market is more pessimistic than our downside scenario.
- Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.
How to read this chart
60‑month range 11.60 TWD – 29.80 TWD · fair‑value band 14.58 TWD – 24.30 TWD · the 12.30 TWD price screens below the 19.44 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.
Analysis
Taiwan Thick-Film Ind. Corp (6246) currently trades at 12.30 TWD, while our model-based Fair Value estimate is 19.44 TWD, implying the stock looks roughly 58.1% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Technology 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: high), always confirm before acting.
Over the trailing twelve months, Taiwan Thick-Film Ind. Corp generated revenue of 1.5B TWD at a net margin of 2.1%. Revenue declined 23.3% year over year. It earns a return on equity of 8.0%. Net debt stands at 12.8M TWD. Fundamentals as of Jul 23, 2026
Our scenario range runs from 14.58 TWD (bear case) to 24.30 TWD (bull case); at 12.30 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 41% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 58%, 6246 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.
All 25 models by family
Widest divergence: DCF Models (32.72 TWD) versus Dividend Discount (1.08 TWD). Highest evidence: Growth DCF (80).
Notify me when 6246 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 63 · Market factors (momentum, volatility) 37
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
Taiwan Thick-Film Ind. Corp engages in the manufacturing, processing, and trading of electronic components in Taiwan. The company offers backlight modules, such as desktop monitor and notebook backlight modules; LCD modules; bezels, light guide plates, and LED light bars for consumer electronics, industrial control, medical equipment, military-grade …
Full company description
Taiwan Thick-Film Ind. Corp engages in the manufacturing, processing, and trading of electronic components in Taiwan. The company offers backlight modules, such as desktop monitor and notebook backlight modules; LCD modules; bezels, light guide plates, and LED light bars for consumer electronics, industrial control, medical equipment, military-grade devices, and automotive product applications. It also provides automotive and new energy vehicle electronics; AI virtual customer service for real-time responses and intent recognition; digital human interaction applications; AI professional smart assistants; and reinforced plastic corrugated sheets for roof extensions, carports, covered walkways, industrial factories, logistics warehouses, coastal buildings, livestock barns, agricultural greenhouses, and other roofing applications. The company was founded in 1982 and is based in New Taipei City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Taiwan Thick-Film Ind. Corp reported revenue of 1.6B TWD in FY2025 versus 1.9B TWD in FY2021, a compound −4.4%/yr. Reported net income was 43.3M TWD in FY2025, compounding +7.7%/yr from FY2021.
Watch 6246: get an alert when its fair value changes →
Peer Group
Electronic Components · 625 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.
Valuation Multiples vs Electronic Components median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Delta Electronics, Inc 2308 | 1,880 TWD | 515.23 TWD | -73% |
| Hon Hai Precision Industry Co 2317 | 242.50 TWD | 270.47 TWD | +12% |
| Luxshare Precision Industry Co 002475 | ¥62.14 | ¥38.44 | -38% |
| Samsung Electro-Mechanics Co 009150 | 1,260,000 KRW | 166,421 KRW | -87% |
| Elite Material Co 2383 | 4,990 TWD | 714.36 TWD | -86% |
| Yageo Corporation 2327 | 699.00 TWD | 216.55 TWD | -69% |
| Shengyi Technology Co 600183 | ¥132.29 | ¥27.45 | -79% |
| Shennan Circuits Co 002916 | ¥364.00 | ¥93.50 | -74% |
| Victory Giant Technology (HuiZhou) Co 2476 | HK$297.00 | HK$103.98 | -65% |
| Wus Printed Circuit (Kunshan) Co 002463 | ¥127.80 | ¥31.95 | -75% |
Compare Taiwan Thick-Film Ind. Corp with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Taiwan Thick-Film Ind. Corp (6246) overvalued or undervalued?
What is the fair value of 6246?
What is the quality score of 6246?
What is the revenue of Taiwan Thick-Film Ind. Corp (6246)?
What is the net profit margin of 6246?
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.
Track Taiwan Thick-Film Ind. Corp and try Pro for 14 days
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.