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Y-S Electronic Co (6418) Fair Value & Analysis

Technology · TW · Market cap 1.0B TWD

YS Y-S Electronic Co 6418 · TWO
Price33.85 TWD
Fair Value14.57 TWD
Upside-57.0%
Quality62/100
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Weak Growth
Thin margins · 2.5% net margin
Low debt · generates free cash flow
1.30% dividend yield
Mixed vs. peers (6/14)
Narrow moat 25/100
Evidence: High Range 10.93 TWD – 18.22 TWD Share as image

Fair value as of: Jul 21, 2026

From 22 valuation models · updated 20 days ago

Share price +1.2% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (18.22 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

74.70 TWD 10.69 TWD Fair Value 14.57 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 10.69 TWD – 74.70 TWD · fair‑value band 10.93 TWD – 18.22 TWD · the 33.85 TWD price screens above the 14.57 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Y-S Electronic Co (6418) currently trades at 33.85 TWD, while our model-based Fair Value estimate is 14.57 TWD, implying the stock looks roughly 57.0% overvalued today. The Quality Score stands at 62/100 (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: high).

Over the trailing twelve months, Y-S Electronic Co generated revenue of 784M TWD at a net margin of 2.5%. Revenue grew 0.8% year over year. It earns a return on equity of 3.7%. The balance sheet holds a net cash position of 46.8M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 10.93 TWD (bear case) to 18.22 TWD (bull case); at 33.85 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 57% below its 52-week high and 117% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -57%, 6418 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 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. Evidence
Highest evidence
Growth DCF 16.48 TWD 18.92 TWD 22.73 TWD 80
Residual Income 10.57 TWD 10.43 TWD 9.21 TWD 76
Rev-Margin DCF 15.78 TWD 19.43 TWD 23.95 TWD 74
All 22 models by family
DCF Models
FCF DCF 16.20 TWD 18.78 TWD 23.13 TWD 38
Owner Earnings 19.46 TWD 23.01 TWD 29.02 TWD 31
5Y Revenue Exit 15.78 TWD 19.21 TWD 24.20 TWD 39
5Y EBITDA Exit 19.97 TWD 26.44 TWD 35.04 TWD 41
5Y P/E Exit 16.66 TWD 20.74 TWD 25.62 TWD 38
10Y Revenue Exit 15.72 TWD 18.15 TWD 20.72 TWD 36
10Y EBITDA Exit 18.24 TWD 22.25 TWD 26.56 TWD 37
10Y P/E Exit 16.40 TWD 19.01 TWD 21.48 TWD 35
Earnings-Based
Graham-Dodd 4.95 TWD 6.18 TWD 7.00 TWD 54
EPV 14.36 TWD 15.28 TWD 16.04 TWD 59
Multiples
P/E Multiple 10.93 TWD 14.57 TWD 18.22 TWD 63
P/S Multiple 9.29 TWD 12.39 TWD 15.48 TWD 58
P/B Multiple 9.29 TWD 12.39 TWD 15.48 TWD 55
EV/EBIT 20.24 TWD 24.43 TWD 28.63 TWD 53
EV/EBITDA 25.44 TWD 31.37 TWD 37.30 TWD 54
EV/Revenue 16.14 TWD 19.77 TWD 23.41 TWD 43
Asset-Based
NCAV (Graham) 7.35 TWD 9.85 TWD 14.70 TWD 50
Growth DCF
Growth DCF 16.48 TWD 18.92 TWD 22.73 TWD 80
Rev-Margin DCF 15.78 TWD 19.43 TWD 23.95 TWD 74
Economic Profit
Residual Income 10.57 TWD 10.43 TWD 9.21 TWD 76
ROIC Compounder 14.36 TWD 15.34 TWD 16.34 TWD 72
Growth Earnings
Growth-Adj P/E 7.73 TWD 11.05 TWD 14.36 TWD 68

Widest divergence: DCF Models (19.21 TWD) versus Earnings-Based (6.18 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 784M TWD
Revenue growth (YoY) +0.8%
Net margin 2.5%
Return on equity 3.7%
Free cash flow 36.3M TWD FY2025
P/E ratio 41.4
More key figures
Operating margin -0.2%
EPS (TTM) 0.7300 TWD
Dividend yield 1.3%
EPS growth (YoY) -98.1%
Net cash 46.8M TWD FY2023

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 62 · Market factors (momentum, volatility) 55

Profitability 34
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 82
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

Y-S Electronic Co., Ltd. manufactures and sells cable assemblies, connectors, and PCB assemblies in Taiwan, rest of Asia, and internationally.

Full company description

Y-S Electronic Co., Ltd. manufactures and sells cable assemblies, connectors, and PCB assemblies in Taiwan, rest of Asia, and internationally. The company offers cable assemblies and adapters, such as DisplayPort and Mini DisplayPort, DVI, VGA, USB Type C, USB 2.0/USB 3.1, coupler adaptors, industrial cables, waterproof and medical cables, KVM cables, LAN/network/patch cables, D Sub, RS 232, PS/2 and Mini DIN cables, wire harnesses, OEM cables, RF cables, audio cables, IEEE 1394, LVDS, fiber optic connectors, fiber optic cables, and other products. It also provides connectors, including D-Sub miniature, modular jacks series, keystone jacks series, USB 3.2 Type-C, USB 3.2, USB 2.0 A/B, micro/mini USB, water proof, and other products; and PCBA dongle/OEM products comprising display port adapter series, mini display port adapter series, HDMI adapter series, type-C, USB peripherals series, and PCB assembly/OEM products. The company's products are used in information technology, telecommunication, video surveillance and monitoring system, automation technology, automotive accessories, and aviation IT solutions. Y-S Electronic Co., Ltd. was founded in 1987 and is based in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Y-S Electronic Co reported revenue of 782M TWD in FY2025 versus 880M TWD in FY2021, a compound −2.9%/yr. Reported net income was 25.2M TWD in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
782M TWD
Latest YoY
−1.5%
Avg. growth/yr (3Y) 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.
−1.5%
Avg. growth/yr (5Y) 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.
+0.9%
Avg. growth/yr (15Y) 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.
+3.3%
Revenue −2.9%/yr
FY21 880M TWD
FY22 818M TWD
FY23 828M TWD
FY24 795M TWD
FY25 782M TWD
Net income
FY21 −23.5M TWD
FY22 26.2M TWD
FY23 47.7M TWD
FY24 38.1M TWD
FY25 25.2M TWD

6418 screens 57% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Y-S Electronic Co Fair Value". https://www.fairvalue-calculator.com/stock/6418

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.

Quality Score 62 · Above median
Fair Value upside −57% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) -0% · Below median
Revenue growth 1% · Below median
Dividend yield (TTM) 1.3% · Above median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 41.4× · Pricier than median
P/B 2.06× · Cheaper than median
P/S (TTM) 1.33× · Cheaper than median
P/FCF 0.9× · Cheaper than median
EV/EBITDA 19.4× · Pricier 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 4 · sector 32
PAST 15 · sector 24
HEALTH 100 · sector 95
DIVIDEND 26 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 21, 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%

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Frequently asked questions

Is Y-S Electronic Co (6418) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 14.57 TWD versus a price of 33.85 TWD, about −57% (overvalued).
What is the fair value of 6418?
Our model-based fair value for Y-S Electronic Co is 14.57 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 33.85 TWD.
What is the quality score of 6418?
Y-S Electronic Co has a Quality Score of 62/100. 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 Y-S Electronic Co (6418)?
Y-S Electronic Co reported trailing-twelve-month revenue of about 784M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 6418?
The net profit margin of Y-S Electronic Co is about 2.5%, meaning it keeps roughly 2.5% of revenue as net income. Based on the latest reported figures.
Does Y-S Electronic Co pay a dividend?
Y-S Electronic Co currently shows a dividend yield of about 1.19% relative to its recent price (as of Jul 21, 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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