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Ennoconn Corporation (6414) Fair Value & Analysis

Technology · TW · Market cap 71.1B TWD

EC Ennoconn Corporation 6414 · TW
Price474.00 TWD
Fair Value443.07 TWD
Upside-6.5%
Quality45/100
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Mixed Growth
Thin margins · 2.2% net margin
Low debt · generates free cash flow
3.14% dividend yield
Ranks above peers (9/15)
Narrow moat 35/100
Evidence: Medium Range 332.31 TWD – 553.84 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price +17.3% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 332.31 TWD (bear) to 553.84 TWD (bull), base 443.07 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 45/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

503.00 TWD 165.88 TWD Fair Value 443.07 TWD Mar 2021 Aug 2026

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 165.88 TWD – 503.00 TWD · fair‑value band 332.31 TWD – 553.84 TWD · the 474.00 TWD price screens above the 443.07 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Ennoconn Corporation (6414) currently trades at 474.00 TWD, while our model-based Fair Value estimate is 443.07 TWD, implying the stock looks roughly 6.5% fairly valued today. The Quality Score stands at 45/100 (below-average 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, Ennoconn Corporation generated revenue of 145B TWD at a net margin of 2.2%. Revenue grew 7.7% year over year. It earns a return on equity of 14.0%. Net debt stands at 11.0B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 332.31 TWD (bear case) to 553.84 TWD (bull case); at 474.00 TWD, the current price sits within 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 near its 52-week high and 85% 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 -7%, 6414 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 818.53 TWD 1,410 TWD 2,606 TWD 80
Residual Income 175.69 TWD 203.51 TWD 367.48 TWD 76
Rev-Margin DCF 655.12 TWD 1,115 TWD 2,002 TWD 74
All 26 models by family
DCF Models
FCF DCF 861.99 TWD 1,281 TWD 2,617 TWD 38
Owner Earnings 393.12 TWD 727.75 TWD 1,430 TWD 31
5Y Revenue Exit 639.51 TWD 990.56 TWD 1,724 TWD 39
5Y EBITDA Exit 859.33 TWD 1,435 TWD 2,565 TWD 41
5Y P/E Exit 581.93 TWD 1,049 TWD 1,671 TWD 38
10Y Revenue Exit 696.08 TWD 1,324 TWD 1,707 TWD 36
10Y EBITDA Exit 873.80 TWD 1,797 TWD 3,410 TWD 37
10Y P/E Exit 671.38 TWD 1,200 TWD 2,032 TWD 35
Earnings-Based
Graham-Dodd 150.65 TWD 1,051 TWD 1,474 TWD 54
Lynch FV 427.85 TWD 611.22 TWD 794.59 TWD 50
PEG = 1.0 427.85 TWD 611.22 TWD 794.59 TWD 46
EPV 430.44 TWD 480.37 TWD 524.07 TWD 59
Dividend Discount
Gordon GGM 106.22 TWD 220.86 TWD 350.36 TWD 70
DDM Multi-Stage 106.22 TWD 186.23 TWD 231.79 TWD 61
Multiples
P/E Multiple 332.31 TWD 443.07 TWD 553.84 TWD 63
P/S Multiple 282.46 TWD 376.61 TWD 470.77 TWD 58
P/B Multiple 282.46 TWD 376.61 TWD 470.77 TWD 55
EV/EBIT 696.48 TWD 885.04 TWD 1,074 TWD 53
EV/EBITDA 830.42 TWD 1,064 TWD 1,297 TWD 54
EV/Revenue 512.11 TWD 675.53 TWD 838.95 TWD 43
Asset-Based
NCAV (Graham) 95.57 TWD 128.07 TWD 191.15 TWD 50
Growth DCF
Growth DCF 818.53 TWD 1,410 TWD 2,606 TWD 80
Rev-Margin DCF 655.12 TWD 1,115 TWD 2,002 TWD 74
Economic Profit
Residual Income 175.69 TWD 203.51 TWD 367.48 TWD 76
ROIC Compounder 496.91 TWD 643.16 TWD 837.27 TWD 72
Growth Earnings
Growth-Adj P/E 526.24 TWD 751.78 TWD 977.31 TWD 68

Widest divergence: DCF Models (1,200 TWD) versus Asset-Based (128.07 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 145B TWD
Revenue growth (YoY) +7.7%
Net margin 2.2%
Return on equity 14.0%
Free cash flow 6.3B TWD FY2025
P/E ratio 18.8
More key figures
Operating margin 5.4%
EPS (TTM) 19.99 TWD
Dividend yield 3.1%
EPS growth (YoY) -9.8%
Net debt 11.0B TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 45 · Market factors (momentum, volatility) 84

Profitability 38
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 88
Price trend over the last 3–12 months (market factor)
52W Momentum 92
Distance to the 52-week high (market factor)
Net Issuance 74
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

Ennoconn Corporation, together with its subsidiaries, provides integrated cloud management services, Industrial IoT, and embedded technology in Taiwan, China, Europe, and internationally.

Full company description

Ennoconn Corporation, together with its subsidiaries, provides integrated cloud management services, Industrial IoT, and embedded technology in Taiwan, China, Europe, and internationally. 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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ennoconn Corporation 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.

Growth Quality 77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
142B TWD
Latest YoY
−2.8%
Avg. growth/yr (3Y)
+9.5%
Avg. growth/yr (5Y)
+11.1%
Avg. growth/yr (16Y)
+35.3%
Revenue +13.6%/yr
FY21 85.4B TWD
FY22 108B TWD
FY23 122B TWD
FY24 146B TWD
FY25 142B TWD
Net income +24.6%/yr
FY21 1.3B TWD
FY22 3.5B TWD
FY23 2.3B TWD
FY24 2.7B TWD
FY25 3.2B TWD

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Cite: Fair Value Calculator (2026). "Ennoconn Corporation Fair Value". https://www.fairvalue-calculator.com/stock/6414

Peer Group

Computer Hardware · 215 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 45 · Below median
Fair Value upside −7% · Above median
Return on equity (TTM) 14% · Above median
Return on assets 2% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 5% · Above median
Revenue growth 8% · Below median
Dividend yield (TTM) 3.1% · Above median
Debt / equity 0.35× · Higher than 75% of peers

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 24.5× · Cheaper than median
P/B 2.56× · Pricier than median
P/S (TTM) 0.49× · Cheaper than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 6.7× · Cheaper than 75% of peers
PEG 1.07× · 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 25 · sector 0
FUTURE 39 · sector 57
PAST 56 · sector 26
HEALTH 83 · sector 97
DIVIDEND 63 · sector 44

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

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Frequently asked questions

Is Ennoconn Corporation (6414) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 443.07 TWD versus a price of 474.00 TWD, about −7% (fairly valued).
What is the fair value of 6414?
Our model-based fair value for Ennoconn Corporation is 443.07 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 474.00 TWD.
What is the quality score of 6414?
Ennoconn Corporation has a Quality Score of 45/100. 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 Ennoconn Corporation (6414)?
Ennoconn Corporation reported trailing-twelve-month revenue of about 145B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6414?
The net profit margin of Ennoconn Corporation is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. Based on the latest reported figures.
Does Ennoconn Corporation pay a dividend?
Ennoconn Corporation currently shows a dividend yield of about 3.14% relative to its recent price (as of Jul 23, 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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