Ennoconn Corp (6414) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Ennoconn Corp stock TWD 485, price TWD 335, upside +44.8%, quality 43 out of 100. Rating: undervalued. 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 6, 2026.
How to read this chart
60‑month range 165.88 TWD – 503.00 TWD · fair‑value band 304.40 TWD – 824.44 TWD · the 335.00 TWD price screens below the 485.22 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Ennoconn Corporation, together with its subsidiaries, provides integrated cloud management services, Industrial IoT, and embedded technology in Taiwan, China, Europe, and internationally.
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The company operates through three segments: Industrial IoT Business Group, the Intelligent Software and Solutions Business Group, and the Smart Factory and Facility Services Business Group.
It offers smart retail solutions, including sales and service, inventory management and smart fulfillment, and targeted marketing solutions; smart manufacturing solutions comprising design and engineering, supply chain, automation, predictive maintenance, and testing and quality control solutions; and smart finance solutions, such as POS, transactional security, and risk assessment software.
The company also provides media and entertainment solutions that include gaming solutions, as well as smart city solutions covering public safety and notification systems, traffic management, emergency services, and green energy solutions.
In addition, it engages in the manufacturing and sales of industrial computers and IoT devices, intelligent manufacturing system integration, artificial intelligence and information software development services, data processing and cloud computing services, and electronic component design and manufacturing, as well as international trade and import/export of telecommunications radio frequency equipment.
Ennoconn Corporation was incorporated in 1999 and is based in New Taipei City, Taiwan.
Stock analysis
Ennoconn Corp (6414) currently trades at 335.00 TWD, while our model-based Fair Value estimate is 485.22 TWD, implying the stock looks roughly 31% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 843.62 TWD per share, and 18 of the 26 models we run sit above the 335.00 TWD price.
Bear case: the Dividend Discount group reads lowest at 61.93 TWD, and 8 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 304.40 TWD (bear) to 824.44 TWD (bull), the price of 335.00 TWD sits inside 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 43/100 (below-average quality), in the Technology sector.
Mixed Growth: Spin-off in 2020: revenue and profit before it include the divested business. Growth is measured afresh from 2020.
Ennoconn Corp reported revenue of 142B TWD in FY2025 versus 85.4B TWD in FY2021, a compound +13.6%/yr. Reported net income was 3.2B TWD in FY2025, compounding +24.6%/yr from FY2021.
Key figures
Market cap 49.3B TWD (≈ $1.5B) Small · P/E ratio 14.7 · P/S ratio 0.30 · EPS (TTM) 22.86 TWD · Dividend yield 4.2% · Net margin 2.3% · Return on equity 14.9% · Return on assets (EBIT) 3.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at 45%, 6414 screens cheaper than that median.
Fair Value models
Bear304.40 TWDFair Value 485.22 TWDBull824.44 TWD
Price 335.00 TWD · Upside +44.8%
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 (7.60 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.55/100
Spin-off in 2020: revenue and profit before it include the divested business. Growth is measured afresh from 2020.
Revenue growth 1 year
−2.8%
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.
+9.5%
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.
+11.1%
Start year 2020 (pandemic)
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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.
+22.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+18.2%
Dividend (yield on the price)4.2%
Per share before 2020divided by the spin-off factor 1.0983
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.18.2% vs 7.6%, picking up
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.5% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less 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).
−3.7%
The company could shrink this much every year for the next five years and today's price would still be justified.
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.
+15.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about −5.2% a year for the price and +13.6% 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.Computer Hardware · 213 stocks
Beats the industry median on 13/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside+44.8% · Top 25%
Profitability
Return on equity (12 months)14.9% · Above median
Return on assets5.1% · Above median
Net margin (12 months)6.0% · Above median
Operating margin (12 months)5.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)39.4% · Above median
Dividend yield (12 months)4.2% · Top 25%
Balance sheet
Debt / equity0.35× · Highest 25%
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/E (12 months)14.7× · Cheaper than median
P/B1.78× · Cheaper than median
P/S (12 months)0.82× · Cheaper than median
Price / free cash flow (fiscal year)20.6× · Cheaper than median
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). "Ennoconn Corp Fair Value". https://www.fairvalue-calculator.com/stock/6414
Frequently asked questions
Is Ennoconn Corp (6414) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 485.22 TWD versus a price of 335.00 TWD, about +45% upside (undervalued).
What is the fair value of 6414?
Our model-based fair value for Ennoconn Corp is 485.22 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 335.00 TWD.
What is the quality score of 6414?
Ennoconn Corp has a Quality Score of 43/100. 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 Ennoconn Corp (6414)?
Our model-based price target is the fair value of 485.22 TWD (as of Nov 6, 2026) from 26 valuation models. Cautious scenario 304.40 TWD, optimistic scenario 824.44 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Ennoconn Corp stock forecast for 2026?
Our models put fair value at 485.22 TWD, about +45% upside versus a price of 335.00 TWD (undervalued). Cautious scenario 304.40 TWD, optimistic scenario 824.44 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Ennoconn Corp (6414)?
Ennoconn Corp reported trailing-twelve-month revenue of about 159B TWD (latest available figure, as of Nov 6, 2026).
Does Ennoconn Corp pay a dividend?
Ennoconn Corp currently shows a dividend yield of 4.18% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Ennoconn Corp (6414) and when is the ex-dividend date?
Ennoconn Corp pays a dividend of 14.00 TWD per share a year, a dividend yield of 4.2%. The last ex-dividend date was Jun 16, 2026. The payout ratio is 61.2% of earnings. Free cash flow covers the dividend 3.04 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Ennoconn Corp (6414)?
For today's price to be fair in a discounted-cash-flow model, Ennoconn Corp would have to grow free cash flow by -3.7 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.1 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 6414 use?
Our models discount Ennoconn Corp at 10.4 %: a base by market capitalisation (small), damped by beta 0.54, 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 Ennoconn Corp that is -3.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Ennoconn Corp (6414) delivered so far?
Over the past 5 years revenue at Ennoconn Corp grew +11.1 % a year. The price currently implies free-cash-flow growth of -3.7 % 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 Ennoconn Corp (6414) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Ennoconn Corp (-3.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ennoconn Corp (6414)?
The free-cash-flow yield on the price is 11.96 %: that much free cash flow Ennoconn Corp produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ennoconn Corp (6414)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ennoconn Corp it is 485.22 TWD per share (as of Nov 6, 2026), against a price of 335.00 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 Ennoconn Corp stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 6414 trades below its calculated fair value: price 335.00 TWD, fair value 485.22 TWD, a gap of about +45% (undervalued). 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 6414?
No. The price is what the market pays today (335.00 TWD); the fair value is what the company's own numbers justify (485.22 TWD). For Ennoconn Corp the two are 150.22 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Ennoconn Corp worth?
The market values Ennoconn Corp at about 49.3B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 335.00 TWD; our models calculate a fair value of 485.22 TWD per share.
What do the bullish and bearish scenarios say about 6414?
Our models span a range for Ennoconn Corp: cautious scenario 304.40 TWD, base 485.22 TWD, optimistic 824.44 TWD per share (as of Nov 6, 2026, price 335.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6414?
Ennoconn Corp trades at a price-to-earnings ratio of 14.7 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 485.22 TWD is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 17.2. Other multiples: PEG 1.1, P/B 1.8, P/S 0.8, EV/EBITDA 7.7.
What is the PEG ratio of 6414?
The PEG ratio of Ennoconn Corp is 1.07 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Ennoconn Corp (6414)?
Balance-sheet figures for Ennoconn Corp (as of Nov 6, 2026): return on equity 14.9%, debt of 0.35 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is 6414 from its 52-week high?
Ennoconn Corp trades at 335.00 TWD, about 33% below its 52-week high of 503.00 TWD and 30% above the low of 258.50 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 485.22 TWD is for.
Which stocks are comparable to Ennoconn Corp?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, 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 Ennoconn Corp stock attractive at the current price?
The data as of Nov 6, 2026: price 335.00 TWD, calculated fair value 485.22 TWD (+45%), Quality Score 43/100, 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 6414 calculated?
We run Ennoconn 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 485.22 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 13.3% above its aggregate fair value. Ennoconn Corp currently trades 31% below its own fair value, and the market average says nothing about that. 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 Ennoconn Corp (6414)?
The closing price on Nov 9, 2026 was 335.00 TWD. Our model-based fair value is 485.22 TWD, about +45% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ennoconn Corp right now?
The large discount to fair value meets weak quality (43/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (304.40 TWD to 824.44 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Where does the earnings growth of Ennoconn Corp (6414) come from?
Earnings per share at Ennoconn Corp grew +6.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +23.9 %, EBIT margin −10.3 %, tax rate −2.4 %, residual (interest, one-offs) −2.1 %. 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 Ennoconn Corp
How large is the market capitalisation of Ennoconn Corp (6414)?
The market capitalisation of Ennoconn Corp is 49.3B TWD (≈ $1.5B). 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 Ennoconn Corp (6414)?
The price-to-sales ratio of Ennoconn Corp is 0.30 (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 Ennoconn Corp (6414)?
Earnings per share at Ennoconn Corp are 22.86 TWD (price ÷ EPS = P/E 14.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ennoconn Corp (6414)?
The dividend yield of Ennoconn Corp is 4.2% (payout 61.2%). 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 Ennoconn Corp (6414)?
The net margin of Ennoconn Corp is 2.3% (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 Ennoconn Corp (6414)?
The return on equity (ROE) of Ennoconn Corp is 14.9% (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 Ennoconn Corp (6414)?
On an EBIT basis the return on assets of Ennoconn Corp is 3.4% (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 Ennoconn Corp (6414)?
The operating margin of Ennoconn Corp is 5.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ennoconn Corp (6414)?
Revenue at Ennoconn Corp is growing +39.4% versus a year earlier (3y avg +9.5%). 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 Ennoconn Corp (6414)?
Earnings per share at Ennoconn Corp are growing +83.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Ennoconn Corp (6414) carry?
The net debt of Ennoconn Corp is 11.0B TWD (fiscal year 2025, ≈ 1.7 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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Broad data
Nov 6, 2026