A solid business, but trading 382% above our fair value of 12.63 TWD.
As of Aug 22, 2026, the fair value of Arlitech Electronic is 12.63 TWD per share against a price of 60.90 TWD, so the fair value sits 79% below the price. A model estimate blended from multiple valuation models, recalculated regularly.
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Arlitech Electronic (6432) currently trades at 60.90 TWD, while our model-based Fair Value estimate is 12.63 TWD, implying the stock looks roughly 382.2% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Technology sector. Bull case: the Asset-Based group reads highest at a median of 17.23 TWD per share, and 0 of the 14 models we run sit above the 60.90 TWD price. Bear case: the Earnings-Based group reads lowest at 4.18 TWD, and 14 of the 14 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, Arlitech Electronic generated revenue of 1.1B TWD at a net margin of 1.4%. Revenue grew 8.8% year over year. It earns a return on equity of 1.8%. The balance sheet holds a net cash position of 54.4M TWD. Fundamentals as of Aug 22, 2026
Our scenario range runs from 9.47 TWD (bear case) to 15.78 TWD (bull case); at 60.90 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 23% below its 52-week high and 143% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −79%, 6432 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.
Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (4.18 TWD to 53.65 TWD). Read the values as a conservative anchor, not as a price target.
ModelBear ⓘ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
Residual Income best evidence17.83 TWD17.03 TWD13.04 TWD76
EPV19.39 TWD20.65 TWD21.73 TWD74
ROIC Compounder19.39 TWD20.65 TWD21.73 TWD72
All 14 models by family
Earnings-Based
Graham-Dodd3.07 TWD4.18 TWD4.85 TWD67
EPV19.39 TWD20.65 TWD21.73 TWD74
Dividend Discount
Gordon GGM11.54 TWD12.57 TWD14.14 TWD69
DDM Multi-Stage11.54 TWD14.55 TWD18.47 TWD67
Multiples
P/E Multiple9.47 TWD12.63 TWD15.78 TWD63
P/S Multiple5.75 TWD7.67 TWD9.58 TWD58
P/B Multiple5.75 TWD7.67 TWD9.58 TWD55
EV/EBIT28.93 TWD34.76 TWD40.58 TWD66
EV/EBITDA43.10 TWD53.65 TWD64.20 TWD67
EV/Revenue20.28 TWD24.07 TWD27.86 TWD54
Asset-Based
NCAV (Graham)12.86 TWD17.23 TWD25.71 TWD54
Economic Profit
Residual Income best evidence17.83 TWD17.03 TWD13.04 TWD76
ROIC Compounder19.39 TWD20.65 TWD21.73 TWD72
Growth Earnings
Growth-Adj P/E6.62 TWD9.46 TWD12.30 TWD67
Widest divergence: Asset-Based (17.23 TWD) versus Earnings-Based (4.18 TWD). Highest evidence: Residual Income (76).
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Key figures & financial health
P/E ratio126.9
P/S ratio1.75P/E × margin
EPS (TTM)0.4800 TWDprice ÷ EPS = P/E 126.9
Dividend yield2.0%
Net margin1.4%FY2025
Return on equity2.7%TTM
More key figures
Profitability
Return on assets (EBIT)4.2%avg 5y
Operating margin3.7%TTM
Growth
Revenue (TTM)1.1B TWDTTM
Revenue growth (YoY)+2.3%3y avg +0.3%
EPS growth (YoY)+59.6%
Balance sheet & cash flow
Free cash flow−43.2M TWDFY2025
Net cash54.4M TWDFY2023
Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Overall quality57/100
Of which business quality 56
· Market factors (momentum, volatility) 70
Profitability31
Margins and returns on capital today
Quality Growth42
Are margins and returns improving?
Cashflow26
Earnings quality: real cash, not paper profit
Fin. Strength85
Balance sheet, leverage, solvency risk
Investment82
Disciplined investing over empire-building
Low Volatility39
Calm price path (market factor)
Momentum85
Price trend over the last 3–12 months (market factor)
52W Momentum79
Distance to the 52-week high (market factor)
Net Issuance90
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Arlitech Electronic Corp. supplies inductors for LCD panel industry in Taiwan. The company offers SMD power, RF power, DIP power, and high current power inductor; and EMI suppression filters. It also offers vehicle mounted products.
Full company description
Arlitech Electronic Corp. supplies inductors for LCD panel industry in Taiwan. The company offers SMD power, RF power, DIP power, and high current power inductor; and EMI suppression filters. It also offers vehicle mounted products. The company's products are used in display, network, industrial, consumer electronics, computing intelligence, and automotive electronics applications. Arlitech Electronic Corp. was founded in 1991 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
Arlitech Electronic reported revenue of 1.1B TWD in FY2025 versus 1.4B TWD in FY2021, a compound −4.7%/yr. Reported net income was 15.5M TWD in FY2025, compounding −35.2%/yr from FY2021.
Growth Quality 26/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.1B TWD
Latest YoY
+10.3%
Avg. revenue 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.
+0.3%
Avg. revenue 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.
+0.5%
Avg. revenue growth/yr (8Y) ⓘ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.
+3.6%
Value creation/yr (5Y, in TWD) ⓘEarnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year. 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.
−18.1% · in TWD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−20.1%
Dividend yield2.0%
Operating margin (EBIT) ⓘ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.8.8% (2020) → 3.0% (2025) · falling
Worst earnings drop71% (2025) · in TWD
⚠ Revenue per share shrinking 4.2%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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). "Arlitech Electronic Fair Value". https://www.fairvalue-calculator.com/stock/6432.TWO
Peer Group
Electronic Components · 638 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 Score57 · Above median
Fair Value upside−79% · Bottom 25%
Return on equity (TTM)3% · Below median
Return on assets2% · Below median
Net margin (TTM)2% · Below median
Operating margin (TTM)4% · Below median
Revenue growth2% · Below median
Dividend yield (TTM)2.0% · Above median
Valuation Multiples vs Electronic Components median · lower = cheaper
P/E (TTM)126.9× · Pricier than 75% of peers
P/B2.71× · Pricier than median
P/S (TTM)2.12× · Pricier than median
EV/EBITDA34.2× · Pricier than 75% of peers
Strength profile in five axes (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.
This stockSector peers
VALUE0· sector 0
FUTURE12· sector 40
PAST11· sector 25
HEALTH100· sector 95
DIVIDEND39· sector 24
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
Similar stocks
10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).
Is Arlitech Electronic (6432) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of 12.63 TWD versus a price of 60.90 TWD, about −79% upside (overvalued).
What is the fair value of 6432?
Our model-based fair value for Arlitech Electronic is 12.63 TWD (as of Aug 22, 2026), built from audited fundamentals. The current price: 60.90 TWD.
What is the quality score of 6432?
Arlitech Electronic has a Quality Score of 57/100. 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 Arlitech Electronic (6432)?
Our model-based price target is the fair value of 12.63 TWD (as of Aug 22, 2026) from 14 valuation models. Cautious scenario 9.47 TWD, optimistic scenario 15.78 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Arlitech Electronic stock forecast for 2026?
Our models put fair value at 12.63 TWD, about −79% upside versus a price of 60.90 TWD (overvalued). Cautious scenario 9.47 TWD, optimistic scenario 15.78 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Arlitech Electronic (6432)?
Arlitech Electronic reported trailing-twelve-month revenue of about 1.1B TWD (latest available figure, as of Aug 22, 2026).
What is the net profit margin of 6432?
The net profit margin of Arlitech Electronic is about 1.4%, meaning it keeps roughly 1.4% of revenue as net income. Based on the latest reported figures.
Does Arlitech Electronic pay a dividend?
Arlitech Electronic currently shows a dividend yield of about 1.97% relative to its recent price (as of Aug 22, 2026).
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