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Sigurd Microelectronics Corporation (6257) Fair Value & Analysis

Technology · TW · Market cap 101B TWD

SM Sigurd Microelectronics Corporation 6257 · TW
Price199.50 TWD
Fair Value104.91 TWD
Upside-47.4%
Quality52/100
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Expensive Growth
Solidly profitable · 15.9% net margin
Low debt · generates free cash flow
1.96% dividend yield
Ranks above peers (9/14)
Moderate moat 64/100
Evidence: Medium Range 59.13 TWD – 131.14 TWD Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 20 days ago

Share price −18.4% over the past month.

A solid business, but screening 47% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (131.14 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (59.13 TWD to 131.14 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

268.75 TWD 37.97 TWD Fair Value 104.91 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 37.97 TWD – 268.75 TWD · fair‑value band 59.13 TWD – 131.14 TWD · the 199.50 TWD price screens above the 104.91 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Sigurd Microelectronics Corporation (6257) currently trades at 199.50 TWD, while our model-based Fair Value estimate is 104.91 TWD, implying the stock looks roughly 47.4% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Sigurd Microelectronics Corporation generated revenue of 20.2B TWD at a net margin of 15.9%. Revenue grew 13.0% year over year. It earns a return on equity of 15.2%. Net debt stands at 943M TWD. Fundamentals as of Jul 20, 2026

Our scenario range runs from 59.13 TWD (bear case) to 131.14 TWD (bull case); at 199.50 TWD, the current price sits above 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 18% below its 52-week high and 166% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -47%, 6257 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
Growth DCF 38.52 TWD 59.02 TWD 93.70 TWD 80
Residual Income 43.97 TWD 53.22 TWD 102.59 TWD 76
Rev-Margin DCF 67.98 TWD 118.27 TWD 182.97 TWD 74
All 26 models by family
DCF Models
FCF DCF 38.72 TWD 61.01 TWD 99.72 TWD 38
Owner Earnings 54.22 TWD 89.02 TWD 149.46 TWD 31
5Y Revenue Exit 67.98 TWD 120.49 TWD 193.30 TWD 39
5Y EBITDA Exit 122.03 TWD 231.77 TWD 372.02 TWD 41
5Y P/E Exit 77.91 TWD 140.93 TWD 213.83 TWD 38
10Y Revenue Exit 55.43 TWD 102.12 TWD 176.24 TWD 36
10Y EBITDA Exit 93.70 TWD 183.60 TWD 325.67 TWD 37
10Y P/E Exit 64.46 TWD 117.08 TWD 193.40 TWD 35
Earnings-Based
Graham-Dodd 41.96 TWD 193.81 TWD 266.14 TWD 54
Lynch FV 51.02 TWD 72.88 TWD 94.74 TWD 50
PEG = 1.0 51.02 TWD 72.88 TWD 94.74 TWD 46
EPV 78.81 TWD 90.10 TWD 99.98 TWD 59
Dividend Discount
Gordon GGM 37.12 TWD 77.18 TWD 122.44 TWD 70
DDM Multi-Stage 37.12 TWD 65.08 TWD 81.00 TWD 61
Multiples
P/E Multiple 92.57 TWD 123.42 TWD 154.28 TWD 63
P/S Multiple 76.71 TWD 102.28 TWD 127.85 TWD 58
P/B Multiple 78.68 TWD 104.91 TWD 131.13 TWD 55
EV/EBIT 122.96 TWD 160.25 TWD 197.54 TWD 53
EV/EBITDA 174.12 TWD 228.47 TWD 282.81 TWD 54
EV/Revenue 82.68 TWD 113.36 TWD 144.05 TWD 43
Asset-Based
NCAV (Graham) 22.75 TWD 30.49 TWD 45.50 TWD 50
Growth DCF
Growth DCF 38.52 TWD 59.02 TWD 93.70 TWD 80
Rev-Margin DCF 67.98 TWD 118.27 TWD 182.97 TWD 74
Economic Profit
Residual Income 43.97 TWD 53.22 TWD 102.59 TWD 76
ROIC Compounder 88.14 TWD 114.95 TWD 149.79 TWD 72
Growth Earnings
Growth-Adj P/E 79.45 TWD 113.50 TWD 147.55 TWD 68

Widest divergence: DCF Models (117.08 TWD) versus Asset-Based (30.49 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 20.2B TWD
Revenue growth (YoY) +13.0%
Net margin 15.9%
Return on equity 15.2%
Free cash flow 1.0B TWD FY2025
P/E ratio 36.6
More key figures
Operating margin 22.4%
EPS (TTM) 6.09 TWD
Dividend yield 2.0%
EPS growth (YoY) +29.0%
Net debt 943M TWD FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 53 · Market factors (momentum, volatility) 72

Profitability 44
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 24
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

Sigurd Microelectronics Corporation, together with its subsidiaries, engages in the design, processing, testing, burn-in treatment, manufacture, and trading of integrated circuits (ICs) in Taiwan, Singapore, America, China, and internationally. It operates through Packaging and Testing, and Trading segments.

Full company description

Sigurd Microelectronics Corporation, together with its subsidiaries, engages in the design, processing, testing, burn-in treatment, manufacture, and trading of integrated circuits (ICs) in Taiwan, Singapore, America, China, and internationally. It operates through Packaging and Testing, and Trading segments. The company provides advance packages; and test services, including wafer sort chip probing, final test, and test engineering services. It also offers die process services, such as wafer grinding, laser cutting and printing, sawing, tape and reel, direct shipping, wafer back cover lamination, wafer back laser printing, 100% automatic optical inspection after wafer cutting, roll-to-roll sorting, reconstruction, 6-sided die inspection, and other process integrations; backend services, including lead scan, inspection, baking, marking, packing, and drop ship; and other services, such as wafer bumping and assembly; and system level test, burn in services, and laser repair. In addition, the company is involved in the production and sale of recorders and their accessories, copiers, chips testers, televisions, medical equipment and electronic components; integrated circuit development and pollution testing; investments; and electronic information provision services. Its products are used in various applications comprising the metaverse, high-performance computing, wireless communication, mobile devices, automotive, medical, satellite, computers, IoT, artificial intelligence, consumer electronics, and multimedia products. The company serves semiconductor design companies, integrated device manufacturers, and wafer foundries. Sigurd Microelectronics Corporation was incorporated in 1988 and is based in Hsinchu City, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sigurd Microelectronics Corporation reported revenue of 19.6B TWD in FY2025 versus 16.7B TWD in FY2021, a compound +4.1%/yr. Reported net income was 3.0B TWD in FY2025, compounding +1.5%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
19.6B TWD
Latest YoY
+7.5%
Avg. growth/yr (3Y)
+1.6%
Avg. growth/yr (5Y)
+9.5%
Avg. growth/yr (23Y)
+13.0%
Revenue +4.1%/yr
FY21 16.7B TWD
FY22 18.7B TWD
FY23 15.5B TWD
FY24 18.2B TWD
FY25 19.6B TWD
Net income +1.5%/yr
FY21 2.8B TWD
FY22 3.0B TWD
FY23 1.7B TWD
FY24 2.8B TWD
FY25 3.0B TWD

6257 screens 47% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Sigurd Microelectronics Corporation Fair Value". https://www.fairvalue-calculator.com/stock/6257

Peer Group

Semiconductors · 319 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 52 · Below median
Fair Value upside −47% · Above median
Return on equity (TTM) 15% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 16% · Above median
Operating margin (TTM) 22% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 2.0% · Above median
Debt / equity 0.34× · Higher than 75% of peers

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 34.8× · Cheaper than median
P/B 4.64× · Pricier than median
P/S (TTM) 5.00× · Pricier than median
P/FCF 3.1× · Pricier than median
EV/EBITDA 11.7× · 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 0 · sector 0
FUTURE 65 · sector 60
PAST 61 · sector 24
HEALTH 83 · sector 97
DIVIDEND 39 · sector 22

VALUE 0: the price sits above our fair-value range.

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc ZMIC C$52.57 C$7.50 -86%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Sigurd Microelectronics Corporation (6257) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 104.91 TWD versus a price of 199.50 TWD, about −47% (overvalued).
What is the fair value of 6257?
Our model-based fair value for Sigurd Microelectronics Corporation is 104.91 TWD (as of Jul 20, 2026), built from audited fundamentals. The current price is 199.50 TWD.
What is the quality score of 6257?
Sigurd Microelectronics Corporation has a Quality Score of 52/100. 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 Sigurd Microelectronics Corporation (6257)?
Sigurd Microelectronics Corporation reported trailing-twelve-month revenue of about 20.2B TWD (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 6257?
The net profit margin of Sigurd Microelectronics Corporation is about 15.9%, meaning it keeps roughly 15.9% of revenue as net income. Based on the latest reported figures.
Does Sigurd Microelectronics Corporation pay a dividend?
Sigurd Microelectronics Corporation currently shows a dividend yield of about 1.96% relative to its recent price (as of Jul 20, 2026).

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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