EN DE

Symtek Automation Asia Co (6438) Fair Value & Analysis

Industrials · TW · Market cap 12.2B TWD

SA Symtek Automation Asia Co 6438 · TW
Price147.00 TWD
Fair Value101.52 TWD
Upside-30.9%
Quality48/100
Watch Symtek Automation Asia Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 6.7% net margin
Low debt · negative free cash flow
3.30% dividend yield
Ranks above peers (9/13)
Narrow moat 41/100
Evidence: High Range 71.06 TWD – 131.97 TWD Share as image

Fair value as of: Jul 23, 2026

From 17 valuation models · updated 18 days ago

Share price −2.0% over the past month.

Below-average quality, and screening another 31% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (131.97 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (71.06 TWD to 131.97 TWD) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

227.38 TWD 61.76 TWD Fair Value 101.52 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 61.76 TWD – 227.38 TWD · fair‑value band 71.06 TWD – 131.97 TWD · the 147.00 TWD price screens above the 101.52 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Symtek Automation Asia Co (6438) currently trades at 147.00 TWD, while our model-based Fair Value estimate is 101.52 TWD, implying the stock looks roughly 30.9% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials 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, Symtek Automation Asia Co generated revenue of 6.7B TWD at a net margin of 6.7%. Revenue grew 12.2% year over year. It earns a return on equity of 7.9%. The balance sheet holds a net cash position of 1.0B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 71.06 TWD (bear case) to 131.97 TWD (bull case); at 147.00 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 29% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -31%, 6438 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
Residual Income 54.57 TWD 58.51 TWD 65.28 TWD 76
ROIC Compounder 70.39 TWD 90.62 TWD 113.39 TWD 72
Gordon GGM 26.00 TWD 54.06 TWD 85.76 TWD 70
All 17 models by family
DCF Models
Owner Earnings 18.56 TWD 20.75 TWD 24.65 TWD 31
Earnings-Based
Graham-Dodd 35.13 TWD 170.93 TWD 235.50 TWD 54
Lynch FV 45.82 TWD 65.45 TWD 85.09 TWD 50
PEG = 1.0 45.82 TWD 65.45 TWD 85.09 TWD 46
EPV 68.58 TWD 77.35 TWD 85.02 TWD 59
Dividend Discount
Gordon GGM 26.00 TWD 54.06 TWD 85.76 TWD 70
DDM Multi-Stage 26.00 TWD 45.59 TWD 56.74 TWD 61
Multiples
P/E Multiple 81.36 TWD 108.49 TWD 135.61 TWD 63
P/S Multiple 65.87 TWD 87.82 TWD 109.78 TWD 58
P/B Multiple 65.87 TWD 87.82 TWD 109.78 TWD 55
EV/EBIT 97.44 TWD 124.60 TWD 151.75 TWD 53
EV/EBITDA 89.29 TWD 113.73 TWD 138.17 TWD 54
EV/Revenue 74.12 TWD 99.04 TWD 123.96 TWD 43
Asset-Based
NCAV (Graham) 32.66 TWD 43.77 TWD 65.33 TWD 50
Economic Profit
Residual Income 54.57 TWD 58.51 TWD 65.28 TWD 76
ROIC Compounder 70.39 TWD 90.62 TWD 113.39 TWD 72
Growth Earnings
Growth-Adj P/E 71.06 TWD 101.52 TWD 131.97 TWD 68

Widest divergence: Growth Earnings (101.52 TWD) versus DCF Models (20.75 TWD). Highest evidence: Residual Income (76).

Notify me when 6438 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 6.7B TWD
Revenue growth (YoY) +12.2%
Net margin 6.7%
Return on equity 7.9%
Free cash flow −646M TWD FY2025
P/E ratio 28.4
More key figures
Operating margin 11.1%
EPS (TTM) 5.21 TWD
Dividend yield 3.3%
EPS growth (YoY) +14.5%
Net cash 1.0B TWD FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 47 · Market factors (momentum, volatility) 44

Profitability 37
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 62
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

Symtek Automation Asia Co., Ltd., together with its subsidiaries, manufactures and sells automation equipment and related products in Taiwan, China, and the United States.

Full company description

Symtek Automation Asia Co., Ltd., together with its subsidiaries, manufactures and sells automation equipment and related products in Taiwan, China, and the United States. It operates through Semiconductor Carriers " PCB Automation Equipment, Semiconductor Packaging and Testing " LCD Panel Automation Equipment, Semiconductor Wafers " Semiconductor Automation Equipment, and AMHS Department " Automated Material Handling System segments. The company offers automation equipment for printed circuit boards, flexible boards, IC substrate and packaging, high density interconnect boards, and ceramic substrate applications. It also engages in the design of customized machines for applications in laser technology equipment, TFT-LCD flat panel screens, LEDs, touch panels, and LGP; and wafer, cell, and module manufacturing machines, including inspection systems. In addition, the company offers turnkey solutions and intelligent automation integration services; and engages in investment activities. Its products are used in automated and rail guided vehicles, warehouse integration systems, intelligent control systems, firmware design and control, logistics communication control, visual system design, and other industrial automation systems. The company was formerly known as Schmid Automation Asia Co., Ltd and changed its name to Symtek Automation Asia Co., Ltd. in August 2014. Symtek Automation Asia Co., Ltd. was incorporated in 1999 and is headquartered in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Symtek Automation Asia Co reported revenue of 6.5B TWD in FY2025 versus 4.9B TWD in FY2021, a compound +7.2%/yr. Reported net income was 425M TWD in FY2025, compounding −10.2%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
6.5B TWD
Latest YoY
+26.3%
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.
+3.9%
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.
+13.8%
Avg. growth/yr (13Y) 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.
+12.3%
Revenue +7.2%/yr
FY21 4.9B TWD
FY22 5.8B TWD
FY23 5.8B TWD
FY24 5.1B TWD
FY25 6.5B TWD
Net income −10.2%/yr
FY21 652M TWD
FY22 667M TWD
FY23 648M TWD
FY24 574M TWD
FY25 425M TWD
Character of growth · EPS growth decomposed (2014-2025) +6.0 % p.a.
Revenue per share +5.3 pp

of which total revenue +11.3 pp · buybacks/dilution −6.1 pp

EBIT margin −2.1 pp
Tax rate +0.3 pp
Residual (interest, one-offs) +2.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

6438 screens 31% overvalued. Compare with GE Vernova Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Symtek Automation Asia Co Fair Value". https://www.fairvalue-calculator.com/stock/6438

Peer Group

Specialty Industrial Machinery · 808 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 48 · Below median
Fair Value upside −31% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 12% · Above median
Dividend yield (TTM) 3.3% · Top 25%
Debt / equity 0.11× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 28.4× · Cheaper than median
P/B 2.27× · Pricier than median
P/S (TTM) 1.83× · Cheaper than median
EV/EBITDA 16.3× · 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 61 · sector 23
PAST 31 · sector 28
HEALTH 95 · sector 96
DIVIDEND 66 · 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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

Compare Symtek Automation Asia Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Symtek Automation Asia Co (6438) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 101.52 TWD versus a price of 147.00 TWD, about −31% (overvalued).
What is the fair value of 6438?
Our model-based fair value for Symtek Automation Asia Co is 101.52 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 147.00 TWD.
What is the quality score of 6438?
Symtek Automation Asia Co has a Quality Score of 48/100. 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 Symtek Automation Asia Co (6438)?
Symtek Automation Asia Co reported trailing-twelve-month revenue of about 6.7B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6438?
The net profit margin of Symtek Automation Asia Co is about 6.7%, meaning it keeps roughly 6.7% of revenue as net income. Based on the latest reported figures.
Does Symtek Automation Asia Co pay a dividend?
Symtek Automation Asia Co currently shows a dividend yield of about 3.47% 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.

14 days Pro free · no card

Track Symtek Automation Asia Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.