Nyquest Technology Co Ltd (6494) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Nyquest Technology Co Ltd stock TWD 65.44, price TWD 42.20, upside +55.1%, quality 58 out of 100. Rating: strongly undervalued. Calculated from audited financials with 10 of our 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 3, 2026.
How to read this chart
60‑month range 32.75 TWD – 146.92 TWD · fair‑value band 55.94 TWD – 76.60 TWD · the 42.20 TWD price screens below the 65.44 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Nyquest Technology Co., Ltd. research, designs, and sells integrated circuits (ICs). The company provides voice synthesizer ICs, 4-bit microcontrollers with voice/MIDI products, 8-bit microcontrollers, motor drivers, and other products.
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It offers LED control and drive, speech, and multi-channel speech/melody ICs; 8-Bit OTP MCU for home appliances; 8-bit MCU with LCD drivers; audio amplifier, low power LCD driver IC, high power motor driver ICs, 4-bit MCU with touch-keys and LED controllers, and 4-Bit MCU with universal remote controllers; and 32-bit MCUs. In addition, the company provides hardware and software development tools.
It offers its products through agents in Taiwan, Japan, Mainland China, Hong Kong, Europe, and the United States. Nyquest Technology Co., Ltd. was founded in 2006 and is headquartered in Hsinchu City, Taiwan.
Stock analysis
Nyquest Technology Co Ltd (6494) currently trades at 42.20 TWD, while our model-based Fair Value estimate is 65.44 TWD, implying the stock looks roughly 36% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 34.51 TWD per share, and 0 of the 10 models we run sit above the 42.20 TWD price.
Bear case: the Asset-Based group reads lowest at 23.49 TWD, and 10 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 55.94 TWD (bear) to 76.60 TWD (bull), the price of 42.20 TWD sits below 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 58/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Nyquest Technology Co Ltd reported revenue of 1.2B TWD in FY2025 versus 2.3B TWD in FY2021, a compound −14.9%/yr. Reported net income was −29.5M TWD in FY2025.
Key figures
Market cap 1.3B TWD (≈ $40.9M) Micro · P/E ratio 14.2 · P/S ratio 0.93 · EPS (TTM) 2.97 TWD · Dividend yield 2.4% · Net margin 6.5% · Return on equity 9.5% · Return on assets (EBIT) 13.0% (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 39% below its 52-week high and 21% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at 55%, 6494 screens cheaper than that median.
Fair Value models
Bear55.94 TWDFair Value 65.44 TWDBull76.60 TWD
Price 42.20 TWD · Upside +55.1%
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 (1.69 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.
Best data coverage
FCF DCF28.33 TWD32.97 TWD40.77 TWD80
Growth DCF28.82 TWD33.22 TWD40.05 TWD77
5Y EBITDA Exit26.25 TWD31.43 TWD38.30 TWD74
All 10 models by family
DCF Models
FCF DCF28.33 TWD32.97 TWD40.77 TWD80
5Y Revenue Exit28.54 TWD35.39 TWD45.35 TWD71
5Y EBITDA Exit26.25 TWD31.43 TWD38.30 TWD74
10Y Revenue Exit27.97 TWD32.72 TWD37.77 TWD66
10Y EBITDA Exit27.07 TWD30.48 TWD33.99 TWD67
Multiples
EV/EBITDA21.86 TWD26.35 TWD30.85 TWD64
EV/Revenue25.41 TWD32.70 TWD40.00 TWD52
Asset-Based
NCAV (Graham)15.50 TWD23.49 TWD29.36 TWD52
Growth DCF
Growth DCF28.82 TWD33.22 TWD40.05 TWD77
Rev-Margin DCF28.54 TWD35.80 TWD44.71 TWD71
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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.38/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−11.7%
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.
−12.6%
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.
+0.5%
Start year 2020 (pandemic)
Revenue growth 8 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.
+2.1%
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Profit margin (trend) ⓘ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.
13.0% (2020) → −2.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
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).
+9.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +7.6% a year for the price.
Compare Nyquest Technology Co Ltd with another stock
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.Semiconductors · 370 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+55.1% · Top 25%
Profitability
Return on equity (12 months)9.5% · Above median
Return on assets−2.6% · Bottom 25%
Net margin (12 months)6.5% · Below median
Operating margin (12 months)9.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)50.9% · Top 25%
Dividend yield (12 months)2.4% · Above median
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (12 months)14.2× · Cheapest 25%
P/B1.35× · Cheapest 25%
P/S (12 months)0.93× · Cheapest 25%
Price / free cash flow (fiscal year)22.8× · 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). "Nyquest Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6494
Frequently asked questions
Is Nyquest Technology Co Ltd (6494) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 65.44 TWD versus a price of 42.20 TWD, about +55% upside (undervalued).
What is the fair value of 6494?
Our model-based fair value for Nyquest Technology Co Ltd is 65.44 TWD (as of Nov 3, 2026), built from audited fundamentals. The current price: 42.20 TWD.
What is the quality score of 6494?
Nyquest Technology Co Ltd has a Quality Score of 58/100. 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 Nyquest Technology Co Ltd (6494)?
Our model-based price target is the fair value of 65.44 TWD (as of Nov 3, 2026) from 10 valuation models. Cautious scenario 55.94 TWD, optimistic scenario 76.60 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Nyquest Technology Co Ltd stock forecast for 2026?
Our models put fair value at 65.44 TWD, about +55% upside versus a price of 42.20 TWD (undervalued). Cautious scenario 55.94 TWD, optimistic scenario 76.60 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Nyquest Technology Co Ltd (6494)?
Nyquest Technology Co Ltd reported trailing-twelve-month revenue of about 1.4B TWD (latest available figure, as of Nov 3, 2026).
Does Nyquest Technology Co Ltd pay a dividend?
Nyquest Technology Co Ltd currently shows a dividend yield of 2.37% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Nyquest Technology Co Ltd (6494) and when is the ex-dividend date?
Nyquest Technology Co Ltd pays a dividend of 1.00 TWD per share a year, a dividend yield of 2.4%. The last ex-dividend date was Jun 17, 2026. A dividend has been paid every year since at least 2015. The payout ratio is 33.7% of earnings. Free cash flow covers the dividend 1.87 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Nyquest Technology Co Ltd (6494)?
For today's price to be fair in a discounted-cash-flow model, Nyquest Technology Co Ltd would have to grow free cash flow by +9.3 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.5 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 6494 use?
Our models discount Nyquest Technology Co Ltd at 11.0 %: a base by market capitalisation (nano), damped by beta 1.27, 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 Nyquest Technology Co Ltd that is +9.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Nyquest Technology Co Ltd (6494) delivered so far?
Over the past 5 years revenue at Nyquest Technology Co Ltd grew +0.5 % a year. The price currently implies free-cash-flow growth of +9.3 % 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 Nyquest Technology Co Ltd (6494) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Nyquest Technology Co Ltd (+9.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Nyquest Technology Co Ltd (6494)?
The free-cash-flow yield on the price is 4.43 %: that much free cash flow Nyquest Technology Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Nyquest Technology Co Ltd (6494)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nyquest Technology Co Ltd it is 65.44 TWD per share (as of Nov 3, 2026), against a price of 42.20 TWD. It is the blended result of 10 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Nyquest Technology Co Ltd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 6494 trades below its calculated fair value: price 42.20 TWD, fair value 65.44 TWD, a gap of about +55% (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 6494?
No. The price is what the market pays today (42.20 TWD); the fair value is what the company's own numbers justify (65.44 TWD). For Nyquest Technology Co Ltd the two are 23.24 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Nyquest Technology Co Ltd worth?
The market values Nyquest Technology Co Ltd at about 1.3B TWD (market capitalisation, as of Nov 3, 2026). Per share that is 42.20 TWD; our models calculate a fair value of 65.44 TWD per share.
What do the bullish and bearish scenarios say about 6494?
Our models span a range for Nyquest Technology Co Ltd: cautious scenario 55.94 TWD, base 65.44 TWD, optimistic 76.60 TWD per share (as of Nov 3, 2026, price 42.20 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6494?
Nyquest Technology Co Ltd trades at a price-to-earnings ratio of 14.2 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 65.44 TWD is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2024), reported earnings: 13.2. Other multiples: P/B 1.4, P/S 0.9, EV/EBITDA 7.6.
How solid is the balance sheet of Nyquest Technology Co Ltd (6494)?
Balance-sheet figures for Nyquest Technology Co Ltd (as of Nov 3, 2026): return on equity 9.5%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 6494 from its 52-week high?
Nyquest Technology Co Ltd trades at 42.20 TWD, about 39% below its 52-week high of 69.20 TWD and 21% above the low of 34.95 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 65.44 TWD is for.
Which stocks are comparable to Nyquest Technology Co Ltd?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, 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 Nyquest Technology Co Ltd stock attractive at the current price?
The data as of Nov 3, 2026: price 42.20 TWD, calculated fair value 65.44 TWD (+55%), Quality Score 58/100, from 10 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 6494 calculated?
We run Nyquest Technology Co Ltd through 10 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 65.44 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. Nyquest Technology Co Ltd currently trades 36% 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 Nyquest Technology Co Ltd (6494)?
The closing price on Nov 6, 2026 was 42.20 TWD. Our model-based fair value is 65.44 TWD, about +55% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nyquest Technology Co Ltd right now?
The price is below even our cautious bear case (55.94 TWD). The market is more pessimistic than our downside scenario. Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Nyquest Technology Co Ltd
How large is the market capitalisation of Nyquest Technology Co Ltd (6494)?
The market capitalisation of Nyquest Technology Co Ltd is 1.3B TWD (≈ $40.9M). 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 Nyquest Technology Co Ltd (6494)?
The price-to-sales ratio of Nyquest Technology Co Ltd is 0.93 (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 Nyquest Technology Co Ltd (6494)?
Earnings per share at Nyquest Technology Co Ltd are 2.97 TWD (price ÷ EPS = P/E 14.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nyquest Technology Co Ltd (6494)?
The dividend yield of Nyquest Technology Co Ltd is 2.4% (payout 33.7%). 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 Nyquest Technology Co Ltd (6494)?
The net margin of Nyquest Technology Co Ltd is 6.5% (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 Nyquest Technology Co Ltd (6494)?
The return on equity (ROE) of Nyquest Technology Co Ltd is 9.5% (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 Nyquest Technology Co Ltd (6494)?
On an EBIT basis the return on assets of Nyquest Technology Co Ltd is 13.0% (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 Nyquest Technology Co Ltd (6494)?
The operating margin of Nyquest Technology Co Ltd is 9.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nyquest Technology Co Ltd (6494)?
Revenue at Nyquest Technology Co Ltd is growing +50.9% versus a year earlier (3y avg −12.6%). 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 Nyquest Technology Co Ltd (6494)?
Earnings per share at Nyquest Technology Co Ltd are growing +335% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Nyquest Technology Co Ltd (6494) hold?
Nyquest Technology Co Ltd holds more cash than debt, 264M TWD net (fiscal year 2023). The company holds more cash than debt, a safety cushion.
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Nov 3, 2026